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%14.8%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,016,123
2 years$531,449$521,552$511,959$502,659$493,637$473,056
3 years$350,780$340,840$331,272$322,058$313,184$293,177
4 years$260,463$250,553$241,081$232,025$223,365$204,088
5 years$206,287$196,437$187,089$178,217$169,799$151,305
6 years$170,182$160,405$151,195$142,522$134,356$116,666
7 years$144,402$134,708$125,644$117,175$109,267$92,386
8 years$125,077$115,470$106,556$98,295$90,648$74,570
9 years$110,053$100,537$91,777$83,726$76,339$61,053
10 years$98,042$88,619$80,013$72,172$65,044$50,537
11 years$88,220$78,892$70,442$62,812$55,940$42,194
12 years$80,042$70,809$62,516$55,094$48,477$35,471
13 years$73,127$63,991$55,854$48,640$42,273$29,987
14 years$67,205$58,166$50,185$43,177$37,056$25,466
15 years$62,077$53,136$45,310$38,506$32,627$21,709
16 years$57,595$48,751$41,080$34,478$28,836$18,565
17 years$53,644$44,898$37,381$30,978$25,568$15,918
18 years$50,136$41,488$34,124$27,918$22,734$13,679
19 years$47,001$38,450$31,239$25,226$20,263$11,778
20 years$44,183$35,730$28,670$22,847$18,099$10,157
21 years$41,637$33,281$26,371$20,735$16,197$8,771
22 years$39,325$31,067$24,305$18,853$14,518$7,583
23 years$37,217$29,056$22,441$17,170$13,032$6,563
24 years$35,288$27,224$20,754$15,660$11,714$5,685
25 years$33,516$25,548$19,223$14,302$10,541$4,928
26 years$31,883$24,011$17,828$13,077$9,495$4,275
27 years$30,373$22,597$16,555$11,969$8,560$3,710
28 years$28,974$21,293$15,390$10,966$7,724$3,221
29 years$27,674$20,088$14,322$10,056$6,975$2,798
30 years$26,462$18,971$13,340$9,229$6,302$2,432
31 years$25,331$17,934$12,436$8,476$5,698$2,114
32 years$24,273$16,969$11,603$7,790$5,154$1,838
33 years$23,281$16,070$10,834$7,164$4,664$1,599
34 years$22,349$15,230$10,123$6,591$4,223$1,391
35 years$21,473$14,446$9,464$6,067$3,825$1,210
36 years$20,647$13,711$8,853$5,588$3,466$1,053
37 years$19,868$13,022$8,287$5,149$3,141$916
38 years$19,131$12,376$7,760$4,746$2,848$797
39 years$18,434$11,768$7,270$4,376$2,582$694
40 years$17,773$11,197$6,815$4,036$2,342$604
41 years$17,146$10,658$6,390$3,724$2,125$526
42 years$16,551$10,150$5,994$3,436$1,928$458
43 years$15,985$9,671$5,624$3,172$1,750$399
44 years$15,446$9,219$5,280$2,929$1,588$347
45 years$14,932$8,791$4,957$2,705$1,442$302
46 years$14,443$8,386$4,656$2,499$1,309$263
47 years$13,975$8,003$4,374$2,309$1,189$229
48 years$13,528$7,640$4,111$2,133$1,080$200
49 years$13,101$7,296$3,864$1,971$981$174
50 years$12,693$6,969$3,632$1,822$891$152

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 $3,432 every year, while hoping to spend $46,638 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: 43/33/24 Blend
44$13,000,000$13,000,000$13,000,000$13,000,000
45$14,329,540$13,640,540$13,439,040$14,845,320
46$15,741,531$14,259,304$13,839,625$15,831,584
47$17,295,981$14,906,824$14,252,067$16,894,736
48$19,007,373$15,584,461$14,676,714$18,045,713
49$20,891,664$16,293,638$15,113,923$19,292,657
50$22,966,438$17,035,850$15,564,062$20,644,510
51$25,251,068$17,812,661$16,027,512$22,111,088
52$27,766,906$18,625,710$16,504,663$23,703,173
53$30,537,476$19,476,715$16,995,914$25,432,606
54$33,588,702$20,367,478$17,501,681$27,312,398
55$36,949,150$21,299,885$18,022,388$29,356,844
56$40,650,297$22,275,913$18,558,472$31,581,652
57$44,726,830$23,297,635$19,110,383$34,004,089
58$49,216,971$24,367,223$19,678,585$36,643,132
59$54,162,838$25,486,953$20,263,553$39,519,648
60$59,610,844$26,659,210$20,865,779$42,656,575
61$65,612,133$27,886,495$21,485,766$46,079,142
62$72,223,066$29,171,428$22,124,034$49,815,089
63$79,505,746$30,516,755$22,781,117$53,894,929
64$87,528,611$31,925,355$23,457,563$58,352,225
65$96,367,076$33,400,245$24,153,939$63,223,897
66$106,104,247$34,944,587$24,870,825$68,550,566
67$116,831,703$36,561,694$25,608,821$74,376,923
68$128,650,362$38,255,042$26,368,541$80,752,144
69$141,671,431$40,028,272$27,150,619$87,730,344
70$156,017,460$41,885,199$27,955,708$95,371,077
71$171,823,493$43,829,826$28,784,476$103,739,887
72$189,238,347$45,866,345$29,637,614$112,908,915
73$208,426,015$47,999,153$30,515,831$122,957,569
74$229,567,214$50,232,858$31,419,857$133,973,259
75$252,861,091$52,572,288$32,350,443$146,052,213
76$278,527,101$55,022,509$33,308,361$159,300,364
77$306,807,080$57,588,827$34,294,406$173,834,346
78$337,967,529$60,276,806$35,309,395$189,782,570
79$372,302,126$63,092,279$36,354,170$207,286,428
80$410,134,503$66,041,361$37,429,594$226,501,606
81$451,821,296$69,130,460$38,536,559$247,599,540
82$497,755,513$72,366,298$39,675,978$270,769,015
83$548,370,246$75,755,917$40,848,794$296,217,927
84$604,142,757$79,306,704$42,055,976$324,175,229
85$665,598,985$83,026,399$43,298,518$354,893,070
86$733,318,510$86,923,120$44,577,446$388,649,154
87$807,940,020$91,005,376$45,893,813$425,749,337
88$890,167,351$95,282,088$47,248,704$466,530,496
89$980,776,118$99,762,608$48,643,233$511,363,679
90$1,080,621,049$104,456,742$50,078,548$560,657,585
91$1,190,644,044$109,374,770$51,555,827$614,862,396
92$1,311,883,073$114,527,471$53,076,284$674,473,997
93$1,445,481,973$119,926,144$54,641,167$740,038,627
94$1,592,701,247$125,582,637$56,251,758$812,158,008
95$1,754,929,959$131,509,371$57,909,377$891,494,991
96$1,933,698,856$137,719,372$59,615,382$978,779,780
97$2,130,694,810$144,226,292$61,371,169$1,074,816,790
98$2,347,776,750$151,044,450$63,178,172$1,180,492,206
99$2,586,993,207$158,188,856$65,037,869$1,296,782,309
100$2,850,601,654$165,675,249$66,951,777$1,424,762,648