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%14.4%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,017,790
2 years$531,449$521,552$511,959$502,659$493,637$474,716
3 years$350,780$340,840$331,272$322,058$313,184$294,778
4 years$260,463$250,553$241,081$232,025$223,365$205,617
5 years$206,287$196,437$187,089$178,217$169,799$152,759
6 years$170,182$160,405$151,195$142,522$134,356$118,044
7 years$144,402$134,708$125,644$117,175$109,267$93,687
8 years$125,077$115,470$106,556$98,295$90,648$75,795
9 years$110,053$100,537$91,777$83,726$76,339$62,205
10 years$98,042$88,619$80,013$72,172$65,044$51,618
11 years$88,220$78,892$70,442$62,812$55,940$43,205
12 years$80,042$70,809$62,516$55,094$48,477$36,415
13 years$73,127$63,991$55,854$48,640$42,273$30,866
14 years$67,205$58,166$50,185$43,177$37,056$26,284
15 years$62,077$53,136$45,310$38,506$32,627$22,469
16 years$57,595$48,751$41,080$34,478$28,836$19,268
17 years$53,644$44,898$37,381$30,978$25,568$16,569
18 years$50,136$41,488$34,124$27,918$22,734$14,280
19 years$47,001$38,450$31,239$25,226$20,263$12,331
20 years$44,183$35,730$28,670$22,847$18,099$10,666
21 years$41,637$33,281$26,371$20,735$16,197$9,239
22 years$39,325$31,067$24,305$18,853$14,518$8,012
23 years$37,217$29,056$22,441$17,170$13,032$6,956
24 years$35,288$27,224$20,754$15,660$11,714$6,044
25 years$33,516$25,548$19,223$14,302$10,541$5,256
26 years$31,883$24,011$17,828$13,077$9,495$4,574
27 years$30,373$22,597$16,555$11,969$8,560$3,983
28 years$28,974$21,293$15,390$10,966$7,724$3,469
29 years$27,674$20,088$14,322$10,056$6,975$3,024
30 years$26,462$18,971$13,340$9,229$6,302$2,636
31 years$25,331$17,934$12,436$8,476$5,698$2,299
32 years$24,273$16,969$11,603$7,790$5,154$2,006
33 years$23,281$16,070$10,834$7,164$4,664$1,750
34 years$22,349$15,230$10,123$6,591$4,223$1,528
35 years$21,473$14,446$9,464$6,067$3,825$1,334
36 years$20,647$13,711$8,853$5,588$3,466$1,164
37 years$19,868$13,022$8,287$5,149$3,141$1,017
38 years$19,131$12,376$7,760$4,746$2,848$888
39 years$18,434$11,768$7,270$4,376$2,582$776
40 years$17,773$11,197$6,815$4,036$2,342$678
41 years$17,146$10,658$6,390$3,724$2,125$592
42 years$16,551$10,150$5,994$3,436$1,928$517
43 years$15,985$9,671$5,624$3,172$1,750$452
44 years$15,446$9,219$5,280$2,929$1,588$395
45 years$14,932$8,791$4,957$2,705$1,442$345
46 years$14,443$8,386$4,656$2,499$1,309$302
47 years$13,975$8,003$4,374$2,309$1,189$263
48 years$13,528$7,640$4,111$2,133$1,080$230
49 years$13,101$7,296$3,864$1,971$981$201
50 years$12,693$6,969$3,632$1,822$891$176

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 $4,674 every year, while hoping to spend $32,581 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: 49/37/14 Blend
44$13,000,000$13,000,000$13,000,000$13,000,000
45$14,330,821$13,641,821$13,440,321$14,977,486
46$15,757,899$14,275,605$13,855,906$16,057,075
47$17,329,447$14,939,351$14,284,321$17,225,367
48$19,060,166$15,634,495$14,725,961$18,493,710
49$20,966,257$16,362,539$15,181,235$19,871,494
50$23,065,571$17,125,059$15,650,562$21,369,033
51$25,377,778$17,923,706$16,134,375$22,997,650
52$27,924,555$18,760,212$16,633,120$24,769,789
53$30,729,789$19,636,391$17,147,259$26,699,116
54$33,819,799$20,554,146$17,677,264$28,800,654
55$37,223,591$21,515,472$18,223,625$31,090,907
56$40,973,127$22,522,459$18,786,845$33,588,021
57$45,103,625$23,577,299$19,367,444$36,311,938
58$49,653,899$24,682,291$19,965,958$39,284,586
59$54,666,717$25,839,843$20,582,937$42,530,074
60$60,189,207$27,052,481$21,218,951$46,074,913
61$66,273,306$28,322,852$21,874,585$49,948,261
62$72,976,244$29,653,733$22,550,445$54,182,184
63$80,361,088$31,048,033$23,247,152$58,811,960
64$88,497,336$32,508,804$23,965,349$63,876,390
65$97,461,574$34,039,244$24,705,697$69,418,169
66$107,338,195$35,642,707$25,468,878$75,484,267
67$118,220,200$37,322,710$26,255,596$82,126,370
68$130,210,076$39,082,938$27,066,574$89,401,353
69$143,420,759$40,927,257$27,902,559$97,371,809
70$157,976,703$42,859,719$28,764,321$106,106,625
71$174,015,055$44,884,574$29,652,654$115,681,621
72$191,686,947$47,006,275$30,568,375$126,180,254
73$211,158,927$49,229,493$31,512,326$137,694,390
74$232,614,526$51,559,127$32,485,378$150,325,159
75$256,255,994$54,000,310$33,488,424$164,183,895
76$282,306,207$56,558,427$34,522,388$179,393,171
77$311,010,773$59,239,123$35,588,221$196,087,938
78$342,640,349$62,048,317$36,686,903$214,416,785
79$377,493,196$64,992,216$37,819,446$234,543,323
80$415,897,994$68,077,326$38,986,889$256,647,709
81$458,216,947$71,310,473$40,190,308$280,928,329
82$504,849,200$74,698,811$41,430,808$307,603,652
83$556,234,608$78,249,842$42,709,529$336,914,267
84$612,857,887$81,971,434$44,027,648$369,125,136
85$675,253,193$85,871,835$45,386,375$404,528,068
86$744,009,159$89,959,695$46,786,959$443,444,453
87$819,774,458$94,244,085$48,230,687$486,228,268
88$903,263,924$98,734,516$49,718,886$533,269,391
89$995,265,297$103,440,961$51,252,922$584,997,257
90$1,096,646,667$108,373,877$52,834,204$641,884,880
91$1,208,364,662$113,544,233$54,464,186$704,453,286
92$1,331,473,484$118,963,527$56,144,362$773,276,404
93$1,467,134,859$124,643,818$57,876,277$848,986,446
94$1,616,629,002$130,597,753$59,661,520$932,279,843
95$1,781,366,709$136,838,592$61,501,730$1,023,923,779
96$1,962,902,671$143,380,241$63,398,596$1,124,763,398
97$2,162,950,153$150,237,282$65,353,858$1,235,729,743
98$2,383,397,167$157,425,007$67,369,311$1,357,848,496
99$2,626,324,299$164,959,453$69,446,803$1,492,249,624
100$2,894,024,347$172,857,437$71,588,242$1,640,177,997