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%18.3%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,017,265
2 years$539,626$529,576$519,835$510,392$501,232$465,994
3 years$356,177$346,083$336,368$327,013$318,002$283,955
4 years$264,470$254,408$244,790$235,594$226,802$194,205
5 years$209,461$199,459$189,967$180,959$172,411$141,352
6 years$172,800$162,873$153,521$144,714$136,423$106,927
7 years$146,624$136,781$127,577$118,978$110,948$83,011
8 years$127,001$117,246$108,195$99,807$92,042$65,642
9 years$111,746$102,084$93,189$85,014$77,513$52,617
10 years$99,550$89,982$81,244$73,283$66,045$42,615
11 years$89,578$80,106$71,526$63,778$56,801$34,791
12 years$81,273$71,899$63,477$55,942$49,222$28,582
13 years$74,252$64,975$56,713$49,388$42,923$23,600
14 years$68,239$59,061$50,957$43,841$37,626$19,566
15 years$63,032$53,953$46,007$39,099$33,129$16,275
16 years$58,481$49,501$41,712$35,009$29,279$13,574
17 years$54,469$45,589$37,956$31,455$25,961$11,346
18 years$50,907$42,126$34,649$28,347$23,083$9,501
19 years$47,724$39,042$31,720$25,614$20,575$7,969
20 years$44,863$36,280$29,111$23,199$18,378$6,692
21 years$42,277$33,793$26,776$21,054$16,446$5,625
22 years$39,930$31,544$24,679$19,143$14,742$4,733
23 years$37,790$29,503$22,786$17,434$13,233$3,985
24 years$35,831$27,642$21,073$15,901$11,894$3,357
25 years$34,032$25,941$19,518$14,522$10,703$2,830
26 years$32,373$24,380$18,102$13,278$9,641$2,387
27 years$30,841$22,945$16,809$12,153$8,692$2,014
28 years$29,420$21,621$15,627$11,135$7,843$1,699
29 years$28,100$20,397$14,542$10,211$7,082$1,434
30 years$26,869$19,262$13,545$9,371$6,399$1,211
31 years$25,721$18,209$12,628$8,607$5,785$1,023
32 years$24,647$17,230$11,782$7,910$5,233$864
33 years$23,639$16,317$11,001$7,274$4,736$730
34 years$22,693$15,465$10,279$6,693$4,288$616
35 years$21,803$14,668$9,610$6,161$3,884$521
36 years$20,965$13,922$8,990$5,674$3,519$440
37 years$20,173$13,223$8,414$5,228$3,189$372
38 years$19,425$12,566$7,880$4,819$2,891$314
39 years$18,717$11,949$7,382$4,443$2,622$266
40 years$18,046$11,369$6,919$4,098$2,378$224
41 years$17,410$10,822$6,488$3,781$2,158$190
42 years$16,806$10,307$6,086$3,489$1,958$160
43 years$16,231$9,820$5,711$3,221$1,777$135
44 years$15,683$9,361$5,361$2,974$1,613$115
45 years$15,162$8,926$5,034$2,747$1,464$97
46 years$14,665$8,515$4,728$2,537$1,329$82
47 years$14,190$8,126$4,442$2,344$1,207$69
48 years$13,737$7,757$4,174$2,166$1,096$58
49 years$13,303$7,408$3,923$2,002$996$49
50 years$12,888$7,076$3,688$1,850$904$42

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 $4,426 every year, while hoping to spend $51,686 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: 63/23/14 Blend
44$13,200,000$13,200,000$13,200,000$13,200,000
45$14,550,965$13,851,365$13,646,765$15,418,256
46$15,980,170$14,475,089$14,048,939$16,623,950
47$17,553,422$15,127,642$14,462,852$17,933,666
48$19,285,358$15,810,384$14,888,845$19,362,585
49$21,192,109$16,524,737$15,327,266$20,922,301
50$23,291,447$17,272,192$15,778,472$22,625,563
51$25,602,957$18,054,312$16,242,833$24,486,400
52$28,148,217$18,872,732$16,720,727$26,520,241
53$30,951,008$19,729,168$17,212,543$28,744,067
54$34,037,531$20,625,418$17,718,684$31,176,561
55$37,436,659$21,563,363$18,239,560$33,838,281
56$41,180,208$22,544,978$18,775,595$36,751,855
57$45,303,237$23,572,329$19,327,225$39,942,183
58$49,844,378$24,647,585$19,894,898$43,436,674
59$54,846,203$25,773,014$20,479,075$47,265,500
60$60,355,621$26,950,997$21,080,229$51,461,869
61$66,424,325$28,184,027$21,698,848$56,062,343
62$73,109,279$29,474,717$22,335,432$61,107,173
63$80,473,253$30,825,806$22,990,497$66,640,672
64$88,585,417$32,240,162$23,664,571$72,711,632
65$97,521,995$33,720,795$24,358,199$79,373,777
66$107,366,980$35,270,857$25,071,941$86,686,262
67$118,212,934$36,893,650$25,806,372$94,714,228
68$130,161,851$38,592,637$26,562,084$103,529,409
69$143,326,132$40,371,448$27,339,685$113,210,801
70$157,829,633$42,233,885$28,139,801$123,845,405
71$173,808,845$44,183,935$28,963,074$135,529,033
72$191,414,176$46,225,776$29,810,165$148,367,212
73$210,811,370$48,363,787$30,681,754$162,476,168
74$232,183,076$50,602,559$31,578,538$177,983,913
75$255,730,567$52,946,902$32,501,237$195,031,451
76$281,675,645$55,401,860$33,450,588$213,774,092
77$310,262,728$57,972,719$34,427,350$234,382,911
78$341,761,163$60,665,018$35,432,303$257,046,356
79$376,467,765$63,484,567$36,466,249$281,972,010
80$414,709,619$66,437,454$37,530,010$309,388,545
81$456,847,170$69,530,059$38,624,436$339,547,866
82$503,277,623$72,769,073$39,750,395$372,727,475
83$554,438,690$76,161,507$40,908,783$409,233,082
84$610,812,729$79,714,714$42,100,520$449,401,475
85$672,931,291$83,436,398$43,326,551$493,603,684
86$741,380,140$87,334,639$44,587,848$542,248,473
87$816,804,781$91,417,903$45,885,408$595,786,178
88$899,916,558$95,695,070$47,220,258$654,712,948
89$991,499,363$100,175,445$48,593,453$719,575,405
90$1,092,417,041$104,868,784$50,006,077$790,975,794
91$1,203,621,542$109,785,317$51,459,243$869,577,645
92$1,326,161,907$114,935,765$52,954,095$956,112,019
93$1,461,194,175$120,331,371$54,491,811$1,051,384,390
94$1,609,992,293$125,983,920$56,073,598$1,156,282,227
95$1,773,960,142$131,905,768$57,700,700$1,271,783,352
96$1,954,644,795$138,109,868$59,374,391$1,398,965,143
97$2,153,751,114$144,609,802$61,095,983$1,539,014,688
98$2,373,157,853$151,419,808$62,866,824$1,693,239,959
99$2,614,935,389$158,554,814$64,688,298$1,863,082,141
100$2,881,365,271$166,030,472$66,561,828$2,050,129,203