Can I retire at age 45 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,021,348
2 years$539,626$529,576$519,835$510,392$501,232$470,017
3 years$356,177$346,083$336,368$327,013$318,002$287,790
4 years$264,470$254,408$244,790$235,594$226,802$197,825
5 years$209,461$199,459$189,967$180,959$172,411$144,747
6 years$172,800$162,873$153,521$144,714$136,423$110,097
7 years$146,624$136,781$127,577$118,978$110,948$85,960
8 years$127,001$117,246$108,195$99,807$92,042$68,376
9 years$111,746$102,084$93,189$85,014$77,513$55,144
10 years$99,550$89,982$81,244$73,283$66,045$44,943
11 years$89,578$80,106$71,526$63,778$56,801$36,929
12 years$81,273$71,899$63,477$55,942$49,222$30,541
13 years$74,252$64,975$56,713$49,388$42,923$25,390
14 years$68,239$59,061$50,957$43,841$37,626$21,196
15 years$63,032$53,953$46,007$39,099$33,129$17,756
16 years$58,481$49,501$41,712$35,009$29,279$14,916
17 years$54,469$45,589$37,956$31,455$25,961$12,560
18 years$50,907$42,126$34,649$28,347$23,083$10,596
19 years$47,724$39,042$31,720$25,614$20,575$8,954
20 years$44,863$36,280$29,111$23,199$18,378$7,577
21 years$42,277$33,793$26,776$21,054$16,446$6,419
22 years$39,930$31,544$24,679$19,143$14,742$5,443
23 years$37,790$29,503$22,786$17,434$13,233$4,619
24 years$35,831$27,642$21,073$15,901$11,894$3,923
25 years$34,032$25,941$19,518$14,522$10,703$3,333
26 years$32,373$24,380$18,102$13,278$9,641$2,834
27 years$30,841$22,945$16,809$12,153$8,692$2,410
28 years$29,420$21,621$15,627$11,135$7,843$2,051
29 years$28,100$20,397$14,542$10,211$7,082$1,745
30 years$26,869$19,262$13,545$9,371$6,399$1,486
31 years$25,721$18,209$12,628$8,607$5,785$1,265
32 years$24,647$17,230$11,782$7,910$5,233$1,077
33 years$23,639$16,317$11,001$7,274$4,736$918
34 years$22,693$15,465$10,279$6,693$4,288$782
35 years$21,803$14,668$9,610$6,161$3,884$666
36 years$20,965$13,922$8,990$5,674$3,519$567
37 years$20,173$13,223$8,414$5,228$3,189$483
38 years$19,425$12,566$7,880$4,819$2,891$412
39 years$18,717$11,949$7,382$4,443$2,622$351
40 years$18,046$11,369$6,919$4,098$2,378$299
41 years$17,410$10,822$6,488$3,781$2,158$255
42 years$16,806$10,307$6,086$3,489$1,958$217
43 years$16,231$9,820$5,711$3,221$1,777$185
44 years$15,683$9,361$5,361$2,974$1,613$158
45 years$15,162$8,926$5,034$2,747$1,464$135
46 years$14,665$8,515$4,728$2,537$1,329$115
47 years$14,190$8,126$4,442$2,344$1,207$98
48 years$13,737$7,757$4,174$2,166$1,096$83
49 years$13,303$7,408$3,923$2,002$996$71
50 years$12,888$7,076$3,688$1,850$904$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,200,000, adding $6,096 every year, while hoping to spend $38,916 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: 45/43/12 Blend
44$13,200,000$13,200,000$13,200,000$13,200,000
45$14,552,688$13,853,088$13,648,488$15,157,630
46$15,995,656$14,490,483$14,064,306$16,215,663
47$17,584,502$15,157,806$14,492,750$17,357,809
48$19,334,065$15,856,483$14,934,201$18,595,414
49$21,260,696$16,588,006$15,389,053$19,937,308
50$23,382,412$17,353,943$15,857,711$21,393,182
51$25,719,066$18,155,935$16,340,592$22,973,675
52$28,292,536$18,995,701$16,838,127$24,690,465
53$31,126,929$19,875,044$17,350,758$26,556,373
54$34,248,809$20,795,855$17,878,942$28,585,484
55$37,687,449$21,760,114$18,423,149$30,793,265
56$41,475,107$22,769,897$18,983,862$33,196,710
57$45,647,327$23,827,381$19,561,580$35,814,488
58$50,243,279$24,934,847$20,156,818$38,667,117
59$55,306,125$26,094,687$20,770,103$41,777,145
60$60,883,430$27,309,406$21,401,982$45,169,359
61$67,027,607$28,581,634$22,053,015$48,871,003
62$73,796,412$29,914,124$22,723,781$52,912,036
63$81,253,494$31,309,763$23,414,875$57,325,395
64$89,468,988$32,771,579$24,126,911$62,147,304
65$98,520,183$34,302,745$24,860,521$67,417,598
66$108,492,249$35,906,586$25,616,355$73,180,096
67$119,479,040$37,586,591$26,395,085$79,482,996
68$131,583,982$39,346,414$27,197,400$86,379,320
69$144,921,047$41,189,888$28,024,012$93,927,407
70$159,615,832$43,121,030$28,875,655$102,191,440
71$175,806,739$45,144,053$29,753,081$111,242,049
72$193,646,287$47,263,371$30,657,069$121,156,956
73$213,302,547$49,483,615$31,588,420$132,021,694
74$234,960,732$51,809,638$32,547,958$143,930,403
75$258,824,944$54,246,527$33,536,531$156,986,697
76$285,120,099$56,799,618$34,555,016$171,304,627
77$314,094,053$59,474,503$35,604,313$187,009,740
78$346,019,939$62,277,047$36,685,350$204,240,242
79$381,198,746$65,213,396$37,799,083$223,148,287
80$419,962,163$68,289,996$38,946,497$243,901,387
81$462,675,703$71,513,606$40,128,604$266,683,977
82$509,742,163$74,891,311$41,346,451$291,699,127
83$561,605,419$78,430,540$42,601,112$319,170,441
84$618,754,617$82,139,082$43,893,695$349,344,139
85$681,728,796$86,025,105$45,225,341$382,491,353
86$751,121,968$90,097,170$46,597,225$418,910,666
87$827,588,734$94,364,257$48,010,558$458,930,892
88$911,850,459$98,835,779$49,466,585$502,914,157
89$1,004,702,081$103,521,608$50,966,592$551,259,285
90$1,107,019,620$108,432,093$52,511,899$604,405,525
91$1,219,768,442$113,578,087$54,103,868$662,836,668
92$1,344,012,378$118,970,968$55,743,902$727,085,573
93$1,480,923,763$124,622,668$57,433,446$797,739,164
94$1,631,794,506$130,545,698$59,173,986$875,443,927
95$1,798,048,286$136,753,177$60,967,054$960,911,970
96$1,981,253,989$143,258,861$62,814,229$1,054,927,707
97$2,183,140,525$150,077,174$64,717,134$1,158,355,211
98$2,405,613,144$157,223,241$66,677,444$1,272,146,328
99$2,650,771,427$164,712,922$68,696,880$1,397,349,606
100$2,920,929,106$172,562,849$70,777,219$1,535,120,148