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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.5%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$1,009,547
2 years$527,361$517,540$508,021$498,792$489,840$470,651
3 years$348,082$338,218$328,723$319,581$310,775$292,112
4 years$258,460$248,626$239,226$230,240$221,647$203,655
5 years$204,701$194,926$185,649$176,846$168,493$151,222
6 years$168,873$159,172$150,032$141,425$133,322$116,792
7 years$143,292$133,672$124,678$116,274$108,427$92,642
8 years$124,114$114,582$105,736$97,539$89,951$74,906
9 years$109,207$99,764$91,071$83,082$75,751$61,439
10 years$97,287$87,937$79,398$71,617$64,544$50,951
11 years$87,542$78,285$69,900$62,328$55,510$42,620
12 years$79,426$70,265$62,035$54,670$48,104$35,899
13 years$72,564$63,499$55,424$48,266$41,947$30,408
14 years$66,688$57,718$49,799$42,845$36,771$25,877
15 years$61,600$52,727$44,962$38,210$32,376$22,105
16 years$57,152$48,376$40,764$34,213$28,614$18,943
17 years$53,231$44,552$37,094$30,740$25,371$16,278
18 years$49,750$41,168$33,862$27,703$22,559$14,019
19 years$46,639$38,154$30,999$25,032$20,107$12,097
20 years$43,843$35,455$28,449$22,671$17,960$10,456
21 years$41,316$33,025$26,168$20,576$16,072$9,050
22 years$39,022$30,828$24,118$18,708$14,407$7,842
23 years$36,931$28,832$22,268$17,038$12,932$6,803
24 years$35,017$27,014$20,595$15,539$11,624$5,907
25 years$33,258$25,351$19,075$14,192$10,460$5,132
26 years$31,638$23,826$17,691$12,976$9,422$4,463
27 years$30,140$22,423$16,427$11,877$8,494$3,883
28 years$28,751$21,129$15,271$10,882$7,665$3,380
29 years$27,461$19,933$14,211$9,979$6,921$2,943
30 years$26,259$18,825$13,237$9,158$6,254$2,564
31 years$25,136$17,796$12,341$8,411$5,654$2,234
32 years$24,086$16,838$11,514$7,730$5,114$1,947
33 years$23,102$15,946$10,751$7,108$4,628$1,698
34 years$22,178$15,113$10,045$6,540$4,190$1,481
35 years$21,308$14,335$9,391$6,021$3,795$1,292
36 years$20,488$13,606$8,785$5,545$3,439$1,127
37 years$19,715$12,922$8,223$5,109$3,117$983
38 years$18,984$12,281$7,700$4,709$2,826$858
39 years$18,292$11,678$7,214$4,342$2,562$749
40 years$17,636$11,111$6,762$4,005$2,324$653
41 years$17,014$10,576$6,341$3,695$2,109$570
42 years$16,424$10,072$5,948$3,410$1,913$498
43 years$15,862$9,597$5,581$3,148$1,736$435
44 years$15,327$9,148$5,239$2,907$1,576$379
45 years$14,817$8,723$4,919$2,684$1,431$331
46 years$14,332$8,322$4,620$2,479$1,299$289
47 years$13,868$7,941$4,341$2,291$1,180$253
48 years$13,424$7,581$4,079$2,117$1,071$221
49 years$13,001$7,240$3,834$1,956$973$193
50 years$12,595$6,916$3,605$1,808$884$168

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 $2,399 every year, while hoping to spend $21,404 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: 64/17/19 Blend
44$12,900,000$12,900,000$12,900,000$12,900,000
45$14,218,275$13,534,575$13,334,625$15,059,741
46$15,645,765$14,174,995$13,758,561$16,265,993
47$17,218,142$14,846,079$14,195,982$17,580,585
48$18,950,161$15,549,306$14,647,316$19,016,235
49$20,858,083$16,286,227$15,113,007$20,584,776
50$22,959,826$17,058,471$15,593,511$22,299,225
51$25,275,135$17,867,742$16,089,300$24,173,904
52$27,825,767$18,715,830$16,600,860$26,224,573
53$30,635,700$19,604,610$17,128,693$28,468,575
54$33,731,354$20,536,049$17,673,317$30,924,998
55$37,141,846$21,512,209$18,235,267$33,614,850
56$40,899,260$22,535,253$18,815,094$36,561,251
57$45,038,952$23,607,448$19,413,367$39,789,656
58$49,599,883$24,731,171$20,030,673$43,328,081
59$54,624,988$25,908,915$20,667,618$47,207,371
60$60,161,581$27,143,296$21,324,827$51,461,485
61$66,261,799$28,437,054$22,002,945$56,127,809
62$72,983,096$29,793,063$22,702,637$61,247,510
63$80,388,787$31,214,339$23,424,591$66,865,913
64$88,548,644$32,704,042$24,169,516$73,032,929
65$97,539,552$34,265,487$24,938,141$79,803,521
66$107,446,240$35,902,149$25,731,222$87,238,213
67$118,362,076$37,617,674$26,549,538$95,403,658
68$130,389,952$39,415,884$27,393,891$104,373,264
69$143,643,251$41,300,786$28,265,110$114,227,877
70$158,246,923$43,276,585$29,164,052$125,056,536
71$174,338,659$45,347,688$30,091,598$136,957,314
72$192,070,195$47,518,717$31,048,659$150,038,229
73$211,608,741$49,794,520$32,036,175$164,418,261
74$233,138,561$52,180,180$33,055,115$180,228,464
75$256,862,713$54,681,028$34,106,481$197,613,198
76$283,004,965$57,302,654$35,191,303$216,731,483
77$311,811,909$60,050,921$36,310,648$237,758,488
78$343,555,284$62,931,976$37,465,615$260,887,179
79$378,534,547$65,952,268$38,657,339$286,330,130
80$417,079,700$69,118,558$39,886,988$314,321,520
81$459,554,399$72,437,936$41,155,772$345,119,329
82$506,359,393$75,917,841$42,464,935$379,007,771
83$557,936,305$79,566,069$43,815,765$416,299,955
84$614,771,803$83,390,801$45,209,588$457,340,838
85$677,402,190$87,400,614$46,647,772$502,510,463
86$746,418,472$91,604,503$48,131,731$552,227,536
87$822,471,935$96,011,901$49,662,923$606,953,364
88$906,280,292$100,632,704$51,242,850$667,196,197
89$998,634,463$105,477,288$52,873,067$733,516,010
90$1,100,406,036$110,556,533$54,555,173$806,529,772
91$1,212,555,503$115,881,854$56,290,822$886,917,257
92$1,336,141,318$121,465,219$58,081,719$975,427,443
93$1,472,329,899$127,319,182$59,929,623$1,072,885,566
94$1,622,406,634$133,456,906$61,836,350$1,180,200,886
95$1,787,788,016$139,892,201$63,803,774$1,298,375,261
96$1,970,035,021$146,639,545$65,833,827$1,428,512,576
97$2,170,867,838$153,714,128$67,928,505$1,571,829,148
98$2,392,182,113$161,131,876$70,089,866$1,729,665,182
99$2,636,066,846$168,909,495$72,320,034$1,903,497,404
100$2,904,824,110$177,064,506$74,621,200$2,094,952,975