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

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,025,061
2 years$539,626$529,576$519,835$510,392$501,232$473,688
3 years$356,177$346,083$336,368$327,013$318,002$291,302
4 years$264,470$254,408$244,790$235,594$226,802$201,150
5 years$209,461$199,459$189,967$180,959$172,411$147,879
6 years$172,800$162,873$153,521$144,714$136,423$113,035
7 years$146,624$136,781$127,577$118,978$110,948$88,705
8 years$127,001$117,246$108,195$99,807$92,042$70,934
9 years$111,746$102,084$93,189$85,014$77,513$57,520
10 years$99,550$89,982$81,244$73,283$66,045$47,143
11 years$89,578$80,106$71,526$63,778$56,801$38,962
12 years$81,273$71,899$63,477$55,942$49,222$32,414
13 years$74,252$64,975$56,713$49,388$42,923$27,110
14 years$68,239$59,061$50,957$43,841$37,626$22,773
15 years$63,032$53,953$46,007$39,099$33,129$19,198
16 years$58,481$49,501$41,712$35,009$29,279$16,232
17 years$54,469$45,589$37,956$31,455$25,961$13,758
18 years$50,907$42,126$34,649$28,347$23,083$11,685
19 years$47,724$39,042$31,720$25,614$20,575$9,941
20 years$44,863$36,280$29,111$23,199$18,378$8,470
21 years$42,277$33,793$26,776$21,054$16,446$7,225
22 years$39,930$31,544$24,679$19,143$14,742$6,170
23 years$37,790$29,503$22,786$17,434$13,233$5,273
24 years$35,831$27,642$21,073$15,901$11,894$4,510
25 years$34,032$25,941$19,518$14,522$10,703$3,860
26 years$32,373$24,380$18,102$13,278$9,641$3,306
27 years$30,841$22,945$16,809$12,153$8,692$2,832
28 years$29,420$21,621$15,627$11,135$7,843$2,427
29 years$28,100$20,397$14,542$10,211$7,082$2,081
30 years$26,869$19,262$13,545$9,371$6,399$1,785
31 years$25,721$18,209$12,628$8,607$5,785$1,531
32 years$24,647$17,230$11,782$7,910$5,233$1,314
33 years$23,639$16,317$11,001$7,274$4,736$1,127
34 years$22,693$15,465$10,279$6,693$4,288$968
35 years$21,803$14,668$9,610$6,161$3,884$831
36 years$20,965$13,922$8,990$5,674$3,519$713
37 years$20,173$13,223$8,414$5,228$3,189$612
38 years$19,425$12,566$7,880$4,819$2,891$526
39 years$18,717$11,949$7,382$4,443$2,622$451
40 years$18,046$11,369$6,919$4,098$2,378$388
41 years$17,410$10,822$6,488$3,781$2,158$333
42 years$16,806$10,307$6,086$3,489$1,958$286
43 years$16,231$9,820$5,711$3,221$1,777$246
44 years$15,683$9,361$5,361$2,974$1,613$211
45 years$15,162$8,926$5,034$2,747$1,464$181
46 years$14,665$8,515$4,728$2,537$1,329$156
47 years$14,190$8,126$4,442$2,344$1,207$134
48 years$13,737$7,757$4,174$2,166$1,096$115
49 years$13,303$7,408$3,923$2,002$996$99
50 years$12,888$7,076$3,688$1,850$904$85

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 $3,058 every year, while hoping to spend $27,581 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: 69/12/19 Blend
44$13,200,000$13,200,000$13,200,000$13,200,000
45$14,549,554$13,849,954$13,645,354$15,485,832
46$16,004,263$14,499,256$14,073,128$16,760,382
47$17,606,427$15,179,449$14,514,307$18,150,967
48$19,371,059$15,892,018$14,969,313$19,671,882
49$21,314,700$16,638,520$15,438,577$21,335,986
50$23,455,577$17,420,585$15,922,547$23,157,431
51$25,813,777$18,239,926$16,421,684$25,151,797
52$28,411,435$19,098,334$16,936,463$27,336,234
53$31,272,940$19,997,691$17,467,373$29,729,621
54$34,425,170$20,939,968$18,014,920$32,352,741
55$37,897,742$21,927,232$18,579,625$35,228,479
56$41,723,295$22,961,650$19,162,026$38,382,029
57$45,937,794$24,045,493$19,762,677$41,841,135
58$50,580,872$25,181,145$20,382,149$45,636,345
59$55,696,202$26,371,102$21,021,032$49,801,297
60$61,331,913$27,617,984$21,679,935$54,373,035
61$67,541,039$28,924,537$22,359,484$59,392,357
62$74,382,024$30,293,638$23,060,325$64,904,190
63$81,919,271$31,728,307$23,783,127$70,958,016
64$90,223,751$33,231,708$24,528,576$77,608,335
65$99,373,673$34,807,161$25,297,382$84,915,170
66$109,455,220$36,458,144$26,090,277$92,944,637
67$120,563,366$38,188,307$26,908,015$101,769,560
68$132,802,770$40,001,475$27,751,375$111,470,152
69$146,288,765$41,901,659$28,621,158$122,134,774
70$161,148,444$43,893,066$29,518,192$133,860,757
71$177,521,865$45,980,106$30,443,331$146,755,321
72$195,563,368$48,167,403$31,397,454$160,936,578
73$215,443,033$50,459,808$32,381,471$176,534,643
74$237,348,289$52,862,405$33,396,317$193,692,857
75$261,485,677$55,380,526$34,442,957$212,569,131
76$288,082,807$58,019,762$35,522,387$233,337,434
77$317,390,501$60,785,978$36,635,634$256,189,426
78$349,685,161$63,685,320$37,783,757$281,336,260
79$385,271,383$66,724,236$38,967,848$309,010,570
80$424,484,828$69,909,487$40,189,034$339,468,659
81$467,695,390$73,248,162$41,448,476$372,992,908
82$515,310,692$76,747,694$42,747,373$409,894,437
83$567,779,932$80,415,880$44,086,959$450,516,030
84$625,598,122$84,260,896$45,468,510$495,235,365
85$689,310,764$88,291,313$46,893,338$544,468,567
86$759,518,996$92,516,122$48,362,799$598,674,129
87$836,885,273$96,944,750$49,878,292$658,357,227
88$922,139,612$101,587,085$51,441,256$724,074,483
89$1,016,086,493$106,453,493$53,053,179$796,439,202
90$1,119,612,449$111,554,847$54,715,594$876,127,156
91$1,233,694,434$116,902,549$56,430,081$963,882,949
92$1,359,409,048$122,508,557$58,198,271$1,060,527,031
93$1,497,942,704$128,385,409$60,021,846$1,166,963,435
94$1,650,602,821$134,546,256$61,902,539$1,284,188,293
95$1,818,830,175$141,004,888$63,842,140$1,413,299,228
96$2,004,212,492$147,775,767$65,842,492$1,555,505,701
97$2,208,499,449$154,874,062$67,905,497$1,712,140,413
98$2,433,619,178$162,315,677$70,033,117$1,884,671,865
99$2,681,696,484$170,117,294$72,227,376$2,074,718,212
100$2,955,072,891$178,296,407$74,490,359$2,284,062,517