Can I retire at age 45 with 12,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $12,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$1,010,376
2 years$527,361$517,540$508,021$498,792$489,840$471,477
3 years$348,082$338,218$328,723$319,581$310,775$292,909
4 years$258,460$248,626$239,226$230,240$221,647$204,417
5 years$204,701$194,926$185,649$176,846$168,493$151,947
6 years$168,873$159,172$150,032$141,425$133,322$117,480
7 years$143,292$133,672$124,678$116,274$108,427$93,292
8 years$124,114$114,582$105,736$97,539$89,951$75,520
9 years$109,207$99,764$91,071$83,082$75,751$62,016
10 years$97,287$87,937$79,398$71,617$64,544$51,492
11 years$87,542$78,285$69,900$62,328$55,510$43,127
12 years$79,426$70,265$62,035$54,670$48,104$36,373
13 years$72,564$63,499$55,424$48,266$41,947$30,851
14 years$66,688$57,718$49,799$42,845$36,771$26,289
15 years$61,600$52,727$44,962$38,210$32,376$22,488
16 years$57,152$48,376$40,764$34,213$28,614$19,299
17 years$53,231$44,552$37,094$30,740$25,371$16,607
18 years$49,750$41,168$33,862$27,703$22,559$14,323
19 years$46,639$38,154$30,999$25,032$20,107$12,378
20 years$43,843$35,455$28,449$22,671$17,960$10,714
21 years$41,316$33,025$26,168$20,576$16,072$9,288
22 years$39,022$30,828$24,118$18,708$14,407$8,061
23 years$36,931$28,832$22,268$17,038$12,932$7,003
24 years$35,017$27,014$20,595$15,539$11,624$6,090
25 years$33,258$25,351$19,075$14,192$10,460$5,300
26 years$31,638$23,826$17,691$12,976$9,422$4,616
27 years$30,140$22,423$16,427$11,877$8,494$4,023
28 years$28,751$21,129$15,271$10,882$7,665$3,507
29 years$27,461$19,933$14,211$9,979$6,921$3,059
30 years$26,259$18,825$13,237$9,158$6,254$2,669
31 years$25,136$17,796$12,341$8,411$5,654$2,330
32 years$24,086$16,838$11,514$7,730$5,114$2,034
33 years$23,102$15,946$10,751$7,108$4,628$1,777
34 years$22,178$15,113$10,045$6,540$4,190$1,552
35 years$21,308$14,335$9,391$6,021$3,795$1,356
36 years$20,488$13,606$8,785$5,545$3,439$1,185
37 years$19,715$12,922$8,223$5,109$3,117$1,036
38 years$18,984$12,281$7,700$4,709$2,826$905
39 years$18,292$11,678$7,214$4,342$2,562$791
40 years$17,636$11,111$6,762$4,005$2,324$692
41 years$17,014$10,576$6,341$3,695$2,109$605
42 years$16,424$10,072$5,948$3,410$1,913$529
43 years$15,862$9,597$5,581$3,148$1,736$463
44 years$15,327$9,148$5,239$2,907$1,576$405
45 years$14,817$8,723$4,919$2,684$1,431$354
46 years$14,332$8,322$4,620$2,479$1,299$309
47 years$13,868$7,941$4,341$2,291$1,180$271
48 years$13,424$7,581$4,079$2,117$1,071$237
49 years$13,001$7,240$3,834$1,956$973$207
50 years$12,595$6,916$3,605$1,808$884$181

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,900,000, adding $4,476 every year, while hoping to spend $39,921 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 30/42/28 Blend
44$12,900,000$12,900,000$12,900,000$12,900,000
45$14,220,417$13,536,717$13,336,767$14,524,391
46$15,628,424$14,157,540$13,741,073$15,383,250
47$17,178,710$14,807,446$14,157,585$16,302,721
48$18,885,744$15,487,817$14,586,671$17,291,077
49$20,765,473$16,200,103$15,028,707$18,354,337
50$22,835,465$16,945,822$15,484,083$19,499,091
51$25,115,082$17,726,567$15,953,199$20,732,558
52$27,625,658$18,544,006$16,436,468$22,062,644
53$30,390,700$19,399,888$16,934,315$23,498,016
54$33,436,114$20,296,045$17,447,178$25,048,172
55$36,790,446$21,234,400$17,975,507$26,723,526
56$40,485,152$22,216,965$18,519,766$28,535,499
57$44,554,892$23,245,851$19,080,433$30,496,618
58$49,037,864$24,323,271$19,658,001$32,620,629
59$53,976,158$25,451,543$20,252,975$34,922,614
60$59,416,155$26,633,098$20,865,879$37,419,131
61$65,408,967$27,870,484$21,497,250$40,128,353
62$72,010,915$29,166,371$22,147,642$43,070,238
63$79,284,064$30,523,559$22,817,623$46,266,703
64$87,296,808$31,944,982$23,507,783$49,741,823
65$96,124,513$33,433,717$24,218,724$53,522,042
66$105,850,232$34,992,988$24,951,070$57,636,421
67$116,565,486$36,626,175$25,705,461$62,116,890
68$128,371,130$38,336,822$26,482,559$66,998,545
69$141,378,303$40,128,644$27,283,042$72,319,961
70$155,709,477$42,005,534$28,107,611$78,123,546
71$171,499,614$43,971,576$28,956,986$84,455,927
72$188,897,439$46,031,048$29,831,910$91,368,372
73$208,066,846$48,188,438$30,733,147$98,917,262
74$229,188,442$50,448,448$31,661,485$107,164,607
75$252,461,252$52,816,011$32,617,733$116,178,611
76$278,104,599$55,296,295$33,602,727$126,034,302
77$306,360,175$57,894,721$34,617,326$136,814,219
78$337,494,321$60,616,970$35,662,414$148,609,176
79$371,800,540$63,468,999$36,738,903$161,519,092
80$409,602,269$66,457,055$37,847,731$175,653,920
81$451,255,935$69,587,685$38,989,864$191,134,657
82$497,154,313$72,867,754$40,166,297$208,094,470
83$547,730,239$76,304,460$41,378,054$226,679,921
84$603,460,694$79,905,349$42,626,189$247,052,330
85$664,871,308$83,678,334$43,911,790$269,389,271
86$732,541,319$87,631,711$45,235,973$293,886,219
87$807,109,046$91,774,176$46,599,890$320,758,367
88$889,277,908$96,114,851$48,004,726$350,242,628
89$979,823,073$100,663,297$49,451,702$382,599,838
90$1,079,598,767$105,429,539$50,942,075$418,117,185
91$1,189,546,345$110,424,090$52,477,138$457,110,887
92$1,310,703,173$115,657,971$54,058,223$499,929,140
93$1,444,212,426$121,142,741$55,686,703$546,955,365
94$1,591,333,875$126,890,517$57,363,989$598,611,792
95$1,753,455,782$132,914,004$59,091,534$655,363,399
96$1,932,108,009$139,226,527$60,870,838$717,722,262
97$2,128,976,454$145,842,055$62,703,439$786,252,339
98$2,345,918,973$152,775,237$64,590,925$861,574,753
99$2,584,982,918$160,041,433$66,534,931$944,373,596
100$2,848,424,462$167,656,749$68,537,137$1,035,402,344