Can I retire at age 45 with 13,000,000?

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 $13,000,000?

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$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,017,373
2 years$531,449$521,552$511,959$502,659$493,637$474,300
3 years$350,780$340,840$331,272$322,058$313,184$294,377
4 years$260,463$250,553$241,081$232,025$223,365$205,233
5 years$206,287$196,437$187,089$178,217$169,799$152,394
6 years$170,182$160,405$151,195$142,522$134,356$117,698
7 years$144,402$134,708$125,644$117,175$109,267$93,360
8 years$125,077$115,470$106,556$98,295$90,648$75,487
9 years$110,053$100,537$91,777$83,726$76,339$61,915
10 years$98,042$88,619$80,013$72,172$65,044$51,346
11 years$88,220$78,892$70,442$62,812$55,940$42,950
12 years$80,042$70,809$62,516$55,094$48,477$36,177
13 years$73,127$63,991$55,854$48,640$42,273$30,644
14 years$67,205$58,166$50,185$43,177$37,056$26,077
15 years$62,077$53,136$45,310$38,506$32,627$22,276
16 years$57,595$48,751$41,080$34,478$28,836$19,090
17 years$53,644$44,898$37,381$30,978$25,568$16,404
18 years$50,136$41,488$34,124$27,918$22,734$14,128
19 years$47,001$38,450$31,239$25,226$20,263$12,191
20 years$44,183$35,730$28,670$22,847$18,099$10,537
21 years$41,637$33,281$26,371$20,735$16,197$9,120
22 years$39,325$31,067$24,305$18,853$14,518$7,903
23 years$37,217$29,056$22,441$17,170$13,032$6,856
24 years$35,288$27,224$20,754$15,660$11,714$5,952
25 years$33,516$25,548$19,223$14,302$10,541$5,172
26 years$31,883$24,011$17,828$13,077$9,495$4,497
27 years$30,373$22,597$16,555$11,969$8,560$3,913
28 years$28,974$21,293$15,390$10,966$7,724$3,406
29 years$27,674$20,088$14,322$10,056$6,975$2,966
30 years$26,462$18,971$13,340$9,229$6,302$2,584
31 years$25,331$17,934$12,436$8,476$5,698$2,251
32 years$24,273$16,969$11,603$7,790$5,154$1,963
33 years$23,281$16,070$10,834$7,164$4,664$1,711
34 years$22,349$15,230$10,123$6,591$4,223$1,492
35 years$21,473$14,446$9,464$6,067$3,825$1,302
36 years$20,647$13,711$8,853$5,588$3,466$1,135
37 years$19,868$13,022$8,287$5,149$3,141$991
38 years$19,131$12,376$7,760$4,746$2,848$865
39 years$18,434$11,768$7,270$4,376$2,582$754
40 years$17,773$11,197$6,815$4,036$2,342$659
41 years$17,146$10,658$6,390$3,724$2,125$575
42 years$16,551$10,150$5,994$3,436$1,928$502
43 years$15,985$9,671$5,624$3,172$1,750$438
44 years$15,446$9,219$5,280$2,929$1,588$382
45 years$14,932$8,791$4,957$2,705$1,442$334
46 years$14,443$8,386$4,656$2,499$1,309$292
47 years$13,975$8,003$4,374$2,309$1,189$255
48 years$13,528$7,640$4,111$2,133$1,080$222
49 years$13,101$7,296$3,864$1,971$981$194
50 years$12,693$6,969$3,632$1,822$891$169

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,000,000, adding $2,263 every year, while hoping to spend $40,346 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: 41/48/11 Blend
44$13,000,000$13,000,000$13,000,000$13,000,000
45$14,328,334$13,639,334$13,437,834$14,869,025
46$15,746,897$14,264,734$13,845,074$15,874,282
47$17,308,800$14,919,426$14,264,604$16,957,419
48$19,028,623$15,604,803$14,696,793$18,128,800
49$20,922,429$16,322,324$15,142,022$19,396,461
50$23,007,919$17,073,521$15,600,682$20,769,215
51$25,304,598$17,859,995$16,073,176$22,256,727
52$27,833,959$18,683,427$16,559,920$23,869,602
53$30,619,686$19,545,578$17,061,341$25,619,476
54$33,687,878$20,448,295$17,577,880$27,519,121
55$37,067,292$21,393,512$18,109,989$29,582,556
56$40,789,619$22,383,257$18,658,137$31,825,174
57$44,889,779$23,419,656$19,222,803$34,263,877
58$49,406,253$24,504,936$19,804,484$36,917,230
59$54,381,446$25,641,433$20,403,689$39,805,627
60$59,862,085$26,831,594$21,020,944$42,951,472
61$65,899,661$28,077,986$21,656,790$46,379,383
62$72,550,918$29,383,298$22,311,783$50,116,416
63$79,878,381$30,750,349$22,986,497$54,192,306
64$87,950,954$32,182,095$23,681,523$58,639,741
65$96,844,567$33,681,633$24,397,470$63,494,656
66$106,642,891$35,252,211$25,134,963$68,796,562
67$117,438,129$36,897,233$25,894,648$74,588,906
68$129,331,888$38,620,267$26,677,188$80,919,469
69$142,436,135$40,425,054$27,483,269$87,840,800
70$156,874,256$42,315,517$28,313,593$95,410,704
71$172,782,218$44,295,766$29,168,887$103,692,765
72$190,309,857$46,370,111$30,049,897$112,756,937
73$209,622,286$48,543,070$30,957,392$122,680,184
74$230,901,459$50,819,380$31,892,164$133,547,193
75$254,347,884$53,204,006$32,855,029$145,451,150
76$280,182,522$55,702,156$33,846,825$158,494,606
77$308,648,864$58,319,286$34,868,418$172,790,422
78$340,015,235$61,061,119$35,920,698$188,462,817
79$374,577,329$63,933,653$37,004,581$205,648,514
80$412,660,993$66,943,179$38,121,011$224,498,012
81$454,625,310$70,096,290$39,270,961$245,176,984
82$500,865,983$73,399,900$40,455,429$267,867,811
83$551,819,074$76,861,256$41,675,447$292,771,282
84$607,965,122$80,487,959$42,932,076$320,108,460
85$669,833,671$84,287,976$44,226,408$350,122,742
86$738,008,280$88,269,662$45,559,567$383,082,126
87$813,132,024$92,441,774$46,932,712$419,281,706
88$895,913,567$96,813,498$48,347,034$459,046,433
89$987,133,853$101,394,461$49,803,762$502,734,141
90$1,087,653,476$106,194,760$51,304,159$550,738,891
91$1,198,420,809$111,224,981$52,849,526$603,494,654
92$1,320,480,949$116,496,223$54,441,203$661,479,369
93$1,454,985,592$122,020,125$56,080,570$725,219,412
94$1,603,203,900$127,808,888$57,769,046$795,294,522
95$1,766,534,483$133,875,309$59,508,095$872,343,227
96$1,946,518,605$140,232,804$61,299,220$957,068,830
97$2,144,854,732$146,895,441$63,143,973$1,050,245,990
98$2,363,414,568$153,877,970$65,043,949$1,152,727,991
99$2,604,260,723$161,195,860$67,000,791$1,265,454,737
100$2,869,666,189$168,865,330$69,016,190$1,389,461,570