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%19.4%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,012,825
2 years$539,626$529,576$519,835$510,392$501,232$461,634
3 years$356,177$346,083$336,368$327,013$318,002$279,814
4 years$264,470$254,408$244,790$235,594$226,802$190,315
5 years$209,461$199,459$189,967$180,959$172,411$137,719
6 years$172,800$162,873$153,521$144,714$136,423$103,550
7 years$146,624$136,781$127,577$118,978$110,948$79,885
8 years$127,001$117,246$108,195$99,807$92,042$62,760
9 years$111,746$102,084$93,189$85,014$77,513$49,969
10 years$99,550$89,982$81,244$73,283$66,045$40,190
11 years$89,578$80,106$71,526$63,778$56,801$32,577
12 years$81,273$71,899$63,477$55,942$49,222$26,568
13 years$74,252$64,975$56,713$49,388$42,923$21,773
14 years$68,239$59,061$50,957$43,841$37,626$17,913
15 years$63,032$53,953$46,007$39,099$33,129$14,783
16 years$58,481$49,501$41,712$35,009$29,279$12,232
17 years$54,469$45,589$37,956$31,455$25,961$10,142
18 years$50,907$42,126$34,649$28,347$23,083$8,423
19 years$47,724$39,042$31,720$25,614$20,575$7,006
20 years$44,863$36,280$29,111$23,199$18,378$5,834
21 years$42,277$33,793$26,776$21,054$16,446$4,863
22 years$39,930$31,544$24,679$19,143$14,742$4,056
23 years$37,790$29,503$22,786$17,434$13,233$3,386
24 years$35,831$27,642$21,073$15,901$11,894$2,828
25 years$34,032$25,941$19,518$14,522$10,703$2,363
26 years$32,373$24,380$18,102$13,278$9,641$1,975
27 years$30,841$22,945$16,809$12,153$8,692$1,651
28 years$29,420$21,621$15,627$11,135$7,843$1,381
29 years$28,100$20,397$14,542$10,211$7,082$1,155
30 years$26,869$19,262$13,545$9,371$6,399$967
31 years$25,721$18,209$12,628$8,607$5,785$809
32 years$24,647$17,230$11,782$7,910$5,233$677
33 years$23,639$16,317$11,001$7,274$4,736$567
34 years$22,693$15,465$10,279$6,693$4,288$475
35 years$21,803$14,668$9,610$6,161$3,884$397
36 years$20,965$13,922$8,990$5,674$3,519$333
37 years$20,173$13,223$8,414$5,228$3,189$278
38 years$19,425$12,566$7,880$4,819$2,891$233
39 years$18,717$11,949$7,382$4,443$2,622$195
40 years$18,046$11,369$6,919$4,098$2,378$164
41 years$17,410$10,822$6,488$3,781$2,158$137
42 years$16,806$10,307$6,086$3,489$1,958$115
43 years$16,231$9,820$5,711$3,221$1,777$96
44 years$15,683$9,361$5,361$2,974$1,613$80
45 years$15,162$8,926$5,034$2,747$1,464$67
46 years$14,665$8,515$4,728$2,537$1,329$56
47 years$14,190$8,126$4,442$2,344$1,207$47
48 years$13,737$7,757$4,174$2,166$1,096$40
49 years$13,303$7,408$3,923$2,002$996$33
50 years$12,888$7,076$3,688$1,850$904$28

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 $6,728 every year, while hoping to spend $25,697 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: 38/42/20 Blend
44$13,200,000$13,200,000$13,200,000$13,200,000
45$14,553,340$13,853,740$13,649,140$15,018,856
46$16,010,439$14,505,232$14,079,045$16,007,191
47$17,615,301$15,187,785$14,522,490$17,071,679
48$19,382,971$15,902,896$14,979,902$18,221,578
49$21,330,027$16,652,130$15,451,722$19,464,610
50$23,474,737$17,437,132$15,938,402$20,809,244
51$25,837,232$18,259,624$16,440,411$22,264,766
52$28,439,697$19,121,412$16,958,231$23,841,360
53$31,306,575$20,024,391$17,492,361$25,550,202
54$34,464,805$20,970,545$18,043,314$27,403,551
55$37,944,070$21,961,957$18,611,621$29,414,867
56$41,777,082$23,000,810$19,197,827$31,598,920
57$45,999,887$24,089,392$19,802,496$33,971,932
58$50,652,206$25,230,103$20,426,211$36,551,714
59$55,777,812$26,425,459$21,069,570$39,357,828
60$61,424,942$27,678,099$21,733,193$42,411,764
61$67,646,749$28,990,789$22,417,718$45,737,132
62$74,501,809$30,366,429$23,123,803$49,359,875
63$82,054,670$31,808,061$23,852,127$53,308,503
64$90,376,464$33,318,874$24,603,391$57,614,354
65$99,545,576$34,902,211$25,378,318$62,311,875
66$109,648,385$36,561,579$26,177,651$67,438,936
67$120,780,078$38,300,655$27,002,161$73,037,178
68$133,045,553$40,123,294$27,852,640$79,152,390
69$146,560,402$42,033,538$28,729,906$85,834,927
70$161,452,008$44,035,627$29,634,803$93,140,174
71$177,860,745$46,134,004$30,568,201$101,129,053
72$195,941,303$48,333,333$31,530,998$109,868,581
73$215,864,149$50,638,499$32,524,119$119,432,488
74$237,817,135$53,054,629$33,548,521$129,901,894
75$262,007,274$55,587,096$34,605,187$141,366,060
76$288,662,690$58,241,538$35,695,134$153,923,207
77$318,034,774$61,023,863$36,819,411$167,681,430
78$350,400,558$63,940,270$37,979,099$182,759,693
79$386,065,329$66,997,257$39,175,313$199,288,931
80$425,365,510$70,201,639$40,409,203$217,413,264
81$468,671,837$73,560,565$41,681,956$237,291,339
82$516,392,859$77,081,527$42,994,796$259,097,792
83$568,978,795$80,772,387$44,348,987$283,024,882
84$626,925,783$84,641,385$45,745,829$309,284,273
85$690,780,566$88,697,165$47,186,666$338,109,003
86$761,145,649$92,948,792$48,672,885$369,755,659
87$838,684,993$97,405,770$50,205,915$404,506,764
88$924,130,278$102,078,069$51,787,229$442,673,414
89$1,018,287,814$106,976,142$53,418,349$484,598,178
90$1,122,046,151$112,110,952$55,100,843$530,658,301
91$1,236,384,467$117,493,997$56,836,329$581,269,224
92$1,362,381,813$123,137,334$58,626,477$636,888,468
93$1,501,227,302$129,053,608$60,473,008$698,019,911
94$1,654,231,331$135,256,079$62,377,699$765,218,507
95$1,822,837,955$141,758,654$64,342,379$839,095,473
96$2,008,638,518$148,575,920$66,368,940$920,324,017
97$2,213,386,677$155,723,170$68,459,330$1,009,645,644
98$2,439,014,960$163,216,448$70,615,560$1,107,877,101
99$2,687,653,008$171,072,575$72,839,703$1,215,918,038
100$2,961,647,679$179,309,196$75,133,898$1,334,759,442