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%12.2%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$1,019,194
2 years$527,361$517,540$508,021$498,792$489,840$480,299
3 years$348,082$338,218$328,723$319,581$310,775$301,458
4 years$258,460$248,626$239,226$230,240$221,647$212,627
5 years$204,701$194,926$185,649$176,846$168,493$159,795
6 years$168,873$159,172$150,032$141,425$133,322$124,958
7 years$143,292$133,672$124,678$116,274$108,427$100,400
8 years$124,114$114,582$105,736$97,539$89,951$82,261
9 years$109,207$99,764$91,071$83,082$75,751$68,396
10 years$97,287$87,937$79,398$71,617$64,544$57,519
11 years$87,542$78,285$69,900$62,328$55,510$48,809
12 years$79,426$70,265$62,035$54,670$48,104$41,721
13 years$72,564$63,499$55,424$48,266$41,947$35,876
14 years$66,688$57,718$49,799$42,845$36,771$31,002
15 years$61,600$52,727$44,962$38,210$32,376$26,902
16 years$57,152$48,376$40,764$34,213$28,614$23,426
17 years$53,231$44,552$37,094$30,740$25,371$20,459
18 years$49,750$41,168$33,862$27,703$22,559$17,914
19 years$46,639$38,154$30,999$25,032$20,107$15,720
20 years$43,843$35,455$28,449$22,671$17,960$13,821
21 years$41,316$33,025$26,168$20,576$16,072$12,171
22 years$39,022$30,828$24,118$18,708$14,407$10,733
23 years$36,931$28,832$22,268$17,038$12,932$9,477
24 years$35,017$27,014$20,595$15,539$11,624$8,377
25 years$33,258$25,351$19,075$14,192$10,460$7,412
26 years$31,638$23,826$17,691$12,976$9,422$6,564
27 years$30,140$22,423$16,427$11,877$8,494$5,817
28 years$28,751$21,129$15,271$10,882$7,665$5,158
29 years$27,461$19,933$14,211$9,979$6,921$4,576
30 years$26,259$18,825$13,237$9,158$6,254$4,063
31 years$25,136$17,796$12,341$8,411$5,654$3,608
32 years$24,086$16,838$11,514$7,730$5,114$3,206
33 years$23,102$15,946$10,751$7,108$4,628$2,849
34 years$22,178$15,113$10,045$6,540$4,190$2,533
35 years$21,308$14,335$9,391$6,021$3,795$2,252
36 years$20,488$13,606$8,785$5,545$3,439$2,004
37 years$19,715$12,922$8,223$5,109$3,117$1,783
38 years$18,984$12,281$7,700$4,709$2,826$1,586
39 years$18,292$11,678$7,214$4,342$2,562$1,412
40 years$17,636$11,111$6,762$4,005$2,324$1,257
41 years$17,014$10,576$6,341$3,695$2,109$1,119
42 years$16,424$10,072$5,948$3,410$1,913$996
43 years$15,862$9,597$5,581$3,148$1,736$887
44 years$15,327$9,148$5,239$2,907$1,576$790
45 years$14,817$8,723$4,919$2,684$1,431$704
46 years$14,332$8,322$4,620$2,479$1,299$627
47 years$13,868$7,941$4,341$2,291$1,180$558
48 years$13,424$7,581$4,079$2,117$1,071$497
49 years$13,001$7,240$3,834$1,956$973$443
50 years$12,595$6,916$3,605$1,808$884$395

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 $6,469 every year, while hoping to spend $45,880 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: 62/19/19 Blend
44$12,900,000$12,900,000$12,900,000$12,900,000
45$14,222,473$13,538,773$13,338,823$15,034,526
46$15,624,349$14,153,357$13,736,857$16,197,376
47$17,167,679$14,796,517$14,146,688$17,460,627
48$18,866,842$15,469,607$14,568,663$18,838,703
49$20,737,684$16,174,042$15,003,137$20,342,783
50$22,797,665$16,911,306$15,450,479$21,985,163
51$25,066,022$17,682,956$15,911,065$23,779,374
52$27,563,956$18,490,621$16,385,286$25,740,300
53$30,314,828$19,336,009$16,873,541$27,884,322
54$33,344,377$20,220,911$17,376,242$30,229,465
55$36,680,970$21,147,202$17,893,812$32,795,566
56$40,355,863$22,116,849$18,426,689$35,604,459
57$44,403,498$23,131,911$18,975,320$38,680,174
58$48,861,829$24,194,549$19,540,167$42,049,166
59$53,772,679$25,307,025$20,121,705$45,740,552
60$59,182,133$26,471,711$20,720,424$49,786,390
61$65,140,979$27,691,092$21,336,826$54,221,974
62$71,705,178$28,967,775$21,971,429$59,086,160
63$78,936,400$30,304,490$22,624,766$64,421,733
64$86,902,601$31,704,098$23,297,384$70,275,800
65$95,678,668$33,169,600$23,989,848$76,700,237
66$105,347,121$34,704,140$24,702,737$83,752,165
67$115,998,897$36,311,012$25,436,648$91,494,490
68$127,734,205$37,993,672$26,192,196$99,996,489
69$140,663,472$39,755,741$26,970,013$109,334,456
70$154,908,386$41,601,012$27,770,749$119,592,416
71$170,603,045$43,533,465$28,595,072$130,862,915
72$187,895,220$45,557,269$29,443,671$143,247,884
73$206,947,753$47,676,795$30,317,254$156,859,592
74$227,940,091$49,896,626$31,216,550$171,821,703
75$251,069,984$52,221,564$32,142,308$188,270,429
76$276,555,345$54,656,644$33,095,298$206,355,816
77$304,636,315$57,207,144$34,076,315$226,243,143
78$335,577,521$59,878,596$35,086,174$248,114,478
79$369,670,583$62,676,802$36,125,715$272,170,389
80$407,236,857$65,607,840$37,195,802$298,631,820
81$448,630,478$68,678,085$38,297,322$327,742,177
82$494,241,694$71,894,219$39,431,190$359,769,603
83$544,500,559$75,263,248$40,598,347$395,009,510
84$599,880,983$78,792,514$41,799,759$433,787,347
85$660,905,214$82,489,718$43,036,421$476,461,663
86$728,148,762$86,362,930$44,309,357$523,427,482
87$802,245,835$90,420,613$45,619,620$575,120,012
88$883,895,325$94,671,638$46,968,293$632,018,747
89$973,867,406$99,125,306$48,356,489$694,651,972
90$1,073,010,805$103,791,370$49,785,354$763,601,740
91$1,182,260,811$108,680,051$51,256,068$839,509,349
92$1,302,648,110$113,802,069$52,769,842$923,081,379
93$1,435,308,508$119,168,662$54,327,923$1,015,096,343
94$1,581,493,662$124,791,612$55,931,594$1,116,412,024
95$1,742,582,887$130,683,273$57,582,175$1,227,973,547
96$1,920,096,185$136,856,597$59,281,021$1,350,822,286
97$2,115,708,590$143,325,164$61,029,528$1,486,105,673
98$2,331,265,981$150,103,212$62,829,133$1,635,088,008
99$2,568,802,512$157,205,670$64,681,310$1,799,162,370
100$2,830,559,813$164,648,193$66,587,578$1,979,863,749