Can I retire at age 45 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,033,245
2 years$543,714$533,587$523,774$514,258$505,029$477,691
3 years$358,875$348,705$338,916$329,490$320,411$293,906
4 years$266,474$256,335$246,644$237,379$228,520$203,051
5 years$211,048$200,970$191,406$182,330$173,717$149,355
6 years$174,109$164,107$154,685$145,811$137,456$114,225
7 years$147,735$137,817$128,544$119,879$111,789$89,690
8 years$127,963$118,135$109,015$100,564$92,740$71,763
9 years$112,593$102,857$93,895$85,658$78,100$58,228
10 years$100,304$90,664$81,860$73,838$66,545$47,753
11 years$90,256$80,713$72,068$64,261$57,231$39,491
12 years$81,889$72,443$63,958$56,366$49,595$32,876
13 years$74,814$65,468$57,143$49,762$43,248$27,515
14 years$68,756$59,508$51,343$44,173$37,911$23,129
15 years$63,510$54,362$46,356$39,395$33,380$19,512
16 years$58,924$49,876$42,028$35,274$29,501$16,509
17 years$54,882$45,934$38,244$31,693$26,158$14,003
18 years$51,293$42,445$34,912$28,562$23,258$11,902
19 years$48,086$39,338$31,960$25,808$20,731$10,133
20 years$45,202$36,554$29,331$23,374$18,517$8,640
21 years$42,597$34,049$26,979$21,214$16,571$7,376
22 years$40,232$31,783$24,866$19,288$14,853$6,304
23 years$38,076$29,726$22,959$17,566$13,333$5,392
24 years$36,102$27,852$21,233$16,021$11,984$4,616
25 years$34,289$26,137$19,666$14,632$10,784$3,953
26 years$32,619$24,565$18,239$13,378$9,714$3,388
27 years$31,074$23,119$16,937$12,246$8,758$2,905
28 years$29,643$21,784$15,745$11,220$7,902$2,492
29 years$28,312$20,551$14,652$10,289$7,136$2,138
30 years$27,073$19,408$13,648$9,442$6,447$1,835
31 years$25,916$18,347$12,723$8,672$5,829$1,576
32 years$24,833$17,360$11,871$7,970$5,273$1,353
33 years$23,818$16,441$11,084$7,329$4,772$1,162
34 years$22,865$15,582$10,356$6,743$4,320$998
35 years$21,968$14,779$9,683$6,208$3,913$858
36 years$21,123$14,028$9,058$5,717$3,546$737
37 years$20,326$13,323$8,478$5,267$3,213$633
38 years$19,572$12,662$7,939$4,855$2,913$544
39 years$18,859$12,040$7,438$4,477$2,642$468
40 years$18,183$11,455$6,972$4,129$2,396$402
41 years$17,542$10,904$6,537$3,810$2,174$346
42 years$16,933$10,385$6,132$3,516$1,973$297
43 years$16,354$9,895$5,754$3,245$1,790$255
44 years$15,802$9,432$5,401$2,997$1,625$220
45 years$15,277$8,994$5,072$2,768$1,475$189
46 years$14,776$8,580$4,764$2,556$1,339$162
47 years$14,298$8,188$4,475$2,362$1,216$139
48 years$13,841$7,816$4,205$2,182$1,105$120
49 years$13,404$7,464$3,953$2,017$1,003$103
50 years$12,985$7,130$3,716$1,864$911$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,300,000, adding $2,157 every year, while hoping to spend $55,974 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: 65/16/19 Blend
44$13,300,000$13,300,000$13,300,000$13,300,000
45$14,658,825$13,953,925$13,747,775$15,541,546
46$16,094,469$14,578,111$14,148,770$16,758,376
47$17,674,673$15,231,007$14,561,321$18,081,020
48$19,414,123$15,913,959$14,985,759$19,525,115
49$21,329,000$16,628,380$15,422,418$21,102,555
50$23,437,136$17,375,749$15,871,647$22,826,430
51$25,758,178$18,157,615$16,333,802$24,711,143
52$28,313,776$18,975,601$16,809,248$26,772,546
53$31,127,785$19,831,410$17,298,361$29,028,086
54$34,226,492$20,726,821$17,801,529$31,496,968
55$37,638,863$21,663,704$18,319,149$34,200,331
56$41,396,815$22,644,014$18,851,629$37,161,448
57$45,535,521$23,669,802$19,399,389$40,405,938
58$50,093,736$24,743,214$19,962,860$43,962,007
59$55,114,167$25,866,501$20,542,486$47,860,712
60$60,643,874$27,042,022$21,138,722$52,136,246
61$66,734,715$28,272,247$21,752,035$56,826,263
62$73,443,835$29,559,766$22,382,907$61,972,225
63$80,834,204$30,907,292$23,031,832$67,619,789
64$88,975,211$32,317,668$23,699,317$73,819,237
65$97,943,323$33,793,875$24,385,885$80,625,944
66$107,822,801$35,339,033$25,092,071$88,100,896
67$118,706,497$36,956,416$25,818,426$96,311,260
68$130,696,732$38,649,453$26,565,515$105,331,017
69$143,906,260$40,421,736$27,333,920$115,241,648
70$158,459,330$42,277,034$28,124,239$126,132,904
71$174,492,865$44,219,291$28,937,084$138,103,646
72$192,157,746$46,252,646$29,773,086$151,262,768
73$211,620,244$48,381,433$30,632,892$165,730,225
74$233,063,583$50,610,197$31,517,167$181,638,154
75$256,689,671$52,943,700$32,426,595$199,132,116
76$282,721,009$55,386,932$33,361,878$218,372,463
77$311,402,786$57,945,127$34,323,735$239,535,846
78$343,005,199$60,623,766$35,312,908$262,816,871
79$377,825,996$63,428,597$36,330,157$288,429,930
80$416,193,294$66,365,645$37,376,264$316,611,219
81$458,468,671$69,441,223$38,452,030$347,620,953
82$505,050,582$72,661,949$39,558,279$381,745,818
83$556,378,118$76,034,761$40,695,859$419,301,667
84$612,935,152$79,566,931$41,865,637$460,636,490
85$675,254,908$83,266,081$43,068,506$506,133,688
86$743,924,991$87,140,202$44,305,383$556,215,687
87$819,592,936$91,197,667$45,577,209$611,347,905
88$902,972,320$95,447,258$46,884,950$672,043,142
89$994,849,501$99,898,177$48,229,600$738,866,406
90$1,096,091,034$104,560,072$49,612,176$812,440,232
91$1,207,651,861$109,443,057$51,033,725$893,450,546
92$1,330,584,318$114,557,734$52,495,322$982,653,129
93$1,466,048,072$119,915,217$53,998,069$1,080,880,732
94$1,615,321,070$125,527,157$55,543,099$1,189,050,927
95$1,779,811,601$131,405,770$57,131,575$1,308,174,751
96$1,961,071,592$137,563,859$58,764,690$1,439,366,233
97$2,160,811,256$144,014,850$60,443,669$1,583,852,893
98$2,380,915,242$150,772,816$62,169,770$1,742,987,316
99$2,623,460,424$157,852,512$63,944,284$1,918,259,896
100$2,890,735,507$165,269,404$65,768,538$2,111,312,891