Can I retire at age 45 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,048,677
2 years$547,802$537,599$527,712$518,125$508,826$488,894
3 years$361,573$351,327$341,464$331,968$322,820$303,434
4 years$268,478$258,263$248,499$239,164$230,238$211,548
5 years$212,635$202,481$192,845$183,701$175,023$157,083
6 years$175,418$165,341$155,848$146,907$138,490$121,319
7 years$148,845$138,853$129,510$120,780$112,629$96,233
8 years$128,925$119,023$109,835$101,320$93,437$77,810
9 years$113,439$103,631$94,601$86,302$78,687$63,821
10 years$101,058$91,345$82,475$74,393$67,046$52,925
11 years$90,935$81,319$72,610$64,744$57,661$44,272
12 years$82,505$72,988$64,439$56,789$49,968$37,290
13 years$75,377$65,960$57,572$50,137$43,573$31,587
14 years$69,273$59,956$51,729$44,506$38,196$26,880
15 years$63,987$54,771$46,704$39,691$33,631$22,962
16 years$59,367$50,251$42,344$35,539$29,723$19,678
17 years$55,295$46,279$38,532$31,932$26,354$16,909
18 years$51,679$42,764$35,174$28,777$23,433$14,562
19 years$48,447$39,633$32,200$26,002$20,887$12,566
20 years$45,542$36,829$29,552$23,550$18,656$10,861
21 years$42,918$34,305$27,182$21,373$16,695$9,400
22 years$40,535$32,022$25,053$19,433$14,965$8,146
23 years$38,362$29,950$23,132$17,698$13,433$7,067
24 years$36,374$28,061$21,393$16,142$12,074$6,136
25 years$34,547$26,334$19,814$14,742$10,865$5,331
26 years$32,864$24,750$18,376$13,479$9,787$4,636
27 years$31,308$23,292$17,064$12,338$8,824$4,033
28 years$29,866$21,948$15,863$11,304$7,962$3,510
29 years$28,525$20,706$14,762$10,366$7,189$3,057
30 years$27,277$19,554$13,750$9,513$6,496$2,663
31 years$26,111$18,485$12,819$8,737$5,873$2,321
32 years$25,020$17,491$11,960$8,030$5,312$2,023
33 years$23,997$16,564$11,168$7,384$4,808$1,764
34 years$23,037$15,699$10,434$6,794$4,353$1,538
35 years$22,134$14,890$9,755$6,254$3,943$1,342
36 years$21,282$14,133$9,126$5,760$3,572$1,170
37 years$20,479$13,423$8,542$5,307$3,238$1,021
38 years$19,720$12,757$7,999$4,892$2,935$891
39 years$19,001$12,130$7,494$4,510$2,662$778
40 years$18,320$11,541$7,024$4,160$2,414$679
41 years$17,674$10,986$6,586$3,838$2,190$592
42 years$17,060$10,463$6,178$3,542$1,987$517
43 years$16,477$9,969$5,798$3,270$1,804$452
44 years$15,921$9,502$5,442$3,019$1,637$394
45 years$15,392$9,061$5,110$2,788$1,486$344
46 years$14,887$8,644$4,799$2,576$1,350$300
47 years$14,405$8,249$4,509$2,380$1,225$262
48 years$13,945$7,875$4,237$2,199$1,113$229
49 years$13,504$7,520$3,983$2,032$1,011$200
50 years$13,083$7,184$3,744$1,878$918$175

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,400,000, adding $3,896 every year, while hoping to spend $40,774 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: 60/18/22 Blend
44$13,400,000$13,400,000$13,400,000$13,400,000
45$14,770,819$14,060,619$13,852,919$15,570,818
46$16,234,059$14,706,206$14,273,608$16,759,533
47$17,845,183$15,382,060$14,707,024$18,051,075
48$19,619,233$16,089,622$15,153,550$19,459,314
49$21,572,781$16,830,400$15,613,581$20,995,583
50$23,724,091$17,605,976$16,087,522$22,672,350
51$26,093,288$18,418,009$16,575,794$24,503,329
52$28,702,547$19,268,235$17,078,827$26,503,609
53$31,576,305$20,158,476$17,597,066$28,689,793
54$34,741,488$21,090,641$18,130,967$31,080,148
55$38,227,768$22,066,731$18,681,003$33,694,779
56$42,067,843$23,088,843$19,247,659$36,555,811
57$46,297,741$24,159,175$19,831,434$39,687,597
58$50,957,167$25,280,031$20,432,843$43,116,941
59$56,089,871$26,453,826$21,052,417$46,873,347
60$61,744,067$27,683,091$21,690,701$50,989,296
61$67,972,880$28,970,482$22,348,258$55,500,544
62$74,834,857$30,318,778$23,025,668$60,446,460
63$82,394,510$31,730,896$23,723,526$65,870,384
64$90,722,933$33,209,893$24,442,446$71,820,042
65$99,898,467$34,758,972$25,183,063$78,347,981
66$110,007,441$36,381,493$25,946,026$85,512,065
67$121,144,990$38,080,976$26,732,008$93,376,014
68$133,415,948$39,861,112$27,541,699$102,009,999
69$146,935,840$41,725,772$28,375,812$111,491,298
70$161,831,972$43,679,011$29,235,078$121,905,018
71$178,244,633$45,725,083$30,120,252$133,344,893
72$196,328,418$47,868,444$31,032,113$145,914,161
73$216,253,688$50,113,769$31,971,460$159,726,528
74$238,208,178$52,465,958$32,939,119$174,907,238
75$262,398,770$54,930,148$33,935,937$191,594,244
76$289,053,443$57,511,724$34,962,789$209,939,503
77$318,423,428$60,216,331$36,020,576$230,110,398
78$350,785,577$63,049,891$37,110,225$252,291,313
79$386,444,978$66,018,608$38,232,690$276,685,363
80$425,737,835$69,128,989$39,388,954$303,516,296
81$469,034,641$72,387,857$40,580,031$333,030,602
82$516,743,675$75,802,362$41,806,963$365,499,823
83$569,314,857$79,380,005$43,070,823$401,223,106
84$627,243,994$83,128,646$44,372,717$440,530,015
85$691,077,462$87,056,531$45,713,783$483,783,629
86$761,417,363$91,172,301$47,095,195$531,383,957
87$838,927,209$95,485,019$48,518,159$583,771,700
88$924,338,186$100,004,186$49,983,919$641,432,394
89$1,018,456,055$104,739,765$51,493,754$704,900,981
90$1,122,168,760$109,702,201$53,048,983$774,766,843
91$1,236,454,813$114,902,448$54,650,963$851,679,348
92$1,362,392,525$120,351,990$56,301,092$936,353,962
93$1,501,170,193$126,062,868$58,000,809$1,029,578,989
94$1,654,097,312$132,047,707$59,751,595$1,132,222,989
95$1,822,616,942$138,319,749$61,554,977$1,245,242,958
96$2,008,319,327$144,892,874$63,412,527$1,369,693,348
97$2,212,956,913$151,781,640$65,325,861$1,506,735,989
98$2,438,460,887$159,001,308$67,296,646$1,657,651,046
99$2,686,959,411$166,567,886$69,326,596$1,823,849,072
100$2,960,797,712$174,498,154$71,417,479$2,006,884,301