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

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 $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%19.6%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$996,689
2 years$531,449$521,552$511,959$502,659$493,637$453,866
3 years$350,780$340,840$331,272$322,058$313,184$274,841
4 years$260,463$250,553$241,081$232,025$223,365$186,744
5 years$206,287$196,437$187,089$178,217$169,799$134,993
6 years$170,182$160,405$151,195$142,522$134,356$101,388
7 years$144,402$134,708$125,644$117,175$109,267$78,128
8 years$125,077$115,470$106,556$98,295$90,648$61,306
9 years$110,053$100,537$91,777$83,726$76,339$48,752
10 years$98,042$88,619$80,013$72,172$65,044$39,161
11 years$88,220$78,892$70,442$62,812$55,940$31,702
12 years$80,042$70,809$62,516$55,094$48,477$25,820
13 years$73,127$63,991$55,854$48,640$42,273$21,131
14 years$67,205$58,166$50,185$43,177$37,056$17,360
15 years$62,077$53,136$45,310$38,506$32,627$14,307
16 years$57,595$48,751$41,080$34,478$28,836$11,820
17 years$53,644$44,898$37,381$30,978$25,568$9,786
18 years$50,136$41,488$34,124$27,918$22,734$8,116
19 years$47,001$38,450$31,239$25,226$20,263$6,740
20 years$44,183$35,730$28,670$22,847$18,099$5,604
21 years$41,637$33,281$26,371$20,735$16,197$4,663
22 years$39,325$31,067$24,305$18,853$14,518$3,884
23 years$37,217$29,056$22,441$17,170$13,032$3,237
24 years$35,288$27,224$20,754$15,660$11,714$2,699
25 years$33,516$25,548$19,223$14,302$10,541$2,252
26 years$31,883$24,011$17,828$13,077$9,495$1,879
27 years$30,373$22,597$16,555$11,969$8,560$1,569
28 years$28,974$21,293$15,390$10,966$7,724$1,310
29 years$27,674$20,088$14,322$10,056$6,975$1,094
30 years$26,462$18,971$13,340$9,229$6,302$914
31 years$25,331$17,934$12,436$8,476$5,698$764
32 years$24,273$16,969$11,603$7,790$5,154$638
33 years$23,281$16,070$10,834$7,164$4,664$533
34 years$22,349$15,230$10,123$6,591$4,223$446
35 years$21,473$14,446$9,464$6,067$3,825$372
36 years$20,647$13,711$8,853$5,588$3,466$311
37 years$19,868$13,022$8,287$5,149$3,141$260
38 years$19,131$12,376$7,760$4,746$2,848$218
39 years$18,434$11,768$7,270$4,376$2,582$182
40 years$17,773$11,197$6,815$4,036$2,342$152
41 years$17,146$10,658$6,390$3,724$2,125$127
42 years$16,551$10,150$5,994$3,436$1,928$106
43 years$15,985$9,671$5,624$3,172$1,750$89
44 years$15,446$9,219$5,280$2,929$1,588$74
45 years$14,932$8,791$4,957$2,705$1,442$62
46 years$14,443$8,386$4,656$2,499$1,309$52
47 years$13,975$8,003$4,374$2,309$1,189$43
48 years$13,528$7,640$4,111$2,133$1,080$36
49 years$13,101$7,296$3,864$1,971$981$30
50 years$12,693$6,969$3,632$1,822$891$25

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 $5,139 every year, while hoping to spend $54,520 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: 28/50/22 Blend
44$13,000,000$13,000,000$13,000,000$13,000,000
45$14,331,301$13,642,301$13,440,801$14,633,168
46$15,735,085$14,252,765$13,833,059$15,479,521
47$17,280,227$14,891,314$14,236,630$16,383,080
48$18,981,089$15,559,268$14,651,836$17,352,759
49$20,853,495$16,258,006$15,079,008$18,394,240
50$22,914,881$16,988,978$15,518,484$19,513,741
51$25,184,460$17,753,699$15,970,614$20,718,064
52$27,683,402$18,553,757$16,435,756$22,014,656
53$30,435,035$19,390,817$16,914,280$23,411,673
54$33,465,064$20,266,623$17,406,564$24,918,047
55$36,801,814$21,183,001$17,912,998$26,543,564
56$40,476,497$22,141,866$18,433,981$28,298,951
57$44,523,506$23,145,224$18,969,926$30,195,966
58$48,980,740$24,195,176$19,521,255$32,247,501
59$53,889,961$25,293,925$20,088,402$34,467,696
60$59,297,187$26,443,778$20,671,814$36,872,063
61$65,253,130$27,647,152$21,271,949$39,477,622
62$71,813,669$28,906,583$21,889,279$42,303,052
63$79,040,382$30,224,724$22,524,289$45,368,855
64$87,001,124$31,604,358$23,177,475$48,697,541
65$95,770,668$33,048,401$23,849,350$52,313,830
66$105,431,411$34,559,908$24,540,439$56,244,866
67$116,074,153$36,142,081$25,251,281$60,520,470
68$127,798,950$37,798,276$25,982,432$65,173,401
69$140,716,060$39,532,010$26,734,461$70,239,655
70$154,946,987$41,346,967$27,507,954$75,758,789
71$170,625,622$43,247,010$28,303,513$81,774,280
72$187,899,510$45,236,188$29,121,755$88,333,918
73$206,931,242$47,318,743$29,963,316$95,490,243
74$227,899,988$49,499,122$30,828,847$103,301,019
75$251,003,193$51,781,985$31,719,019$111,829,767
76$276,458,433$54,172,216$32,634,520$121,146,341
77$304,505,474$56,674,935$33,576,058$131,327,569
78$335,408,534$59,295,509$34,544,357$142,457,959
79$369,458,776$62,039,561$35,540,165$154,630,472
80$406,977,058$64,912,986$36,564,248$167,947,378
81$448,316,960$67,921,964$37,617,392$182,521,197
82$493,868,121$71,072,972$38,700,406$198,475,739
83$544,059,920$74,372,798$39,814,120$215,947,242
84$599,365,526$77,828,559$40,959,387$235,085,633
85$660,306,366$81,447,715$42,137,083$256,055,918
86$727,457,046$85,238,084$43,348,106$279,039,701
87$801,450,778$89,207,863$44,593,381$304,236,876
88$882,985,354$93,365,645$45,873,855$331,867,476
89$972,829,734$97,720,436$47,190,503$362,173,718
90$1,071,831,307$102,281,677$48,544,325$395,422,252
91$1,180,923,888$107,059,267$49,936,348$431,906,641
92$1,301,136,534$112,063,581$51,367,626$471,950,094
93$1,433,603,261$117,305,496$52,839,241$515,908,472
94$1,579,573,743$122,796,416$54,352,306$564,173,611
95$1,740,425,118$128,548,293$55,907,961$617,176,970
96$1,917,674,981$134,573,660$57,507,378$675,393,657
97$2,112,995,715$140,885,655$59,151,761$739,346,868
98$2,328,230,277$147,498,051$60,842,344$809,612,771
99$2,565,409,598$154,425,288$62,580,395$886,825,893
100$2,826,771,754$161,682,505$64,367,216$971,685,051