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

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,063,585
2 years$547,802$537,599$527,712$518,125$508,826$503,830
3 years$361,573$351,327$341,464$331,968$322,820$317,932
4 years$268,478$258,263$248,499$239,164$230,238$225,496
5 years$212,635$202,481$192,845$183,701$175,023$170,441
6 years$175,418$165,341$155,848$146,907$138,490$134,073
7 years$148,845$138,853$129,510$120,780$112,629$108,381
8 years$128,925$119,023$109,835$101,320$93,437$89,357
9 years$113,439$103,631$94,601$86,302$78,687$74,775
10 years$101,058$91,345$82,475$74,393$67,046$63,298
11 years$90,935$81,319$72,610$64,744$57,661$54,077
12 years$82,505$72,988$64,439$56,789$49,968$46,544
13 years$75,377$65,960$57,572$50,137$43,573$40,306
14 years$69,273$59,956$51,729$44,506$38,196$35,083
15 years$63,987$54,771$46,704$39,691$33,631$30,667
16 years$59,367$50,251$42,344$35,539$29,723$26,905
17 years$55,295$46,279$38,532$31,932$26,354$23,678
18 years$51,679$42,764$35,174$28,777$23,433$20,893
19 years$48,447$39,633$32,200$26,002$20,887$18,479
20 years$45,542$36,829$29,552$23,550$18,656$16,377
21 years$42,918$34,305$27,182$21,373$16,695$14,539
22 years$40,535$32,022$25,053$19,433$14,965$12,927
23 years$38,362$29,950$23,132$17,698$13,433$11,510
24 years$36,374$28,061$21,393$16,142$12,074$10,260
25 years$34,547$26,334$19,814$14,742$10,865$9,155
26 years$32,864$24,750$18,376$13,479$9,787$8,177
27 years$31,308$23,292$17,064$12,338$8,824$7,310
28 years$29,866$21,948$15,863$11,304$7,962$6,539
29 years$28,525$20,706$14,762$10,366$7,189$5,853
30 years$27,277$19,554$13,750$9,513$6,496$5,243
31 years$26,111$18,485$12,819$8,737$5,873$4,698
32 years$25,020$17,491$11,960$8,030$5,312$4,212
33 years$23,997$16,564$11,168$7,384$4,808$3,778
34 years$23,037$15,699$10,434$6,794$4,353$3,389
35 years$22,134$14,890$9,755$6,254$3,943$3,042
36 years$21,282$14,133$9,126$5,760$3,572$2,731
37 years$20,479$13,423$8,542$5,307$3,238$2,452
38 years$19,720$12,757$7,999$4,892$2,935$2,203
39 years$19,001$12,130$7,494$4,510$2,662$1,979
40 years$18,320$11,541$7,024$4,160$2,414$1,778
41 years$17,674$10,986$6,586$3,838$2,190$1,598
42 years$17,060$10,463$6,178$3,542$1,987$1,437
43 years$16,477$9,969$5,798$3,270$1,804$1,292
44 years$15,921$9,502$5,442$3,019$1,637$1,161
45 years$15,392$9,061$5,110$2,788$1,486$1,044
46 years$14,887$8,644$4,799$2,576$1,350$939
47 years$14,405$8,249$4,509$2,380$1,225$845
48 years$13,945$7,875$4,237$2,199$1,113$760
49 years$13,504$7,520$3,983$2,032$1,011$683
50 years$13,083$7,184$3,744$1,878$918$615

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 $6,200 every year, while hoping to spend $29,203 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: 35/36/29 Blend
44$13,400,000$13,400,000$13,400,000$13,400,000
45$14,773,195$14,062,995$13,855,295$15,161,008
46$16,248,989$14,721,010$14,288,376$16,110,877
47$17,874,336$15,410,289$14,734,986$17,131,990
48$19,664,458$16,132,333$15,195,548$18,233,214
49$21,636,131$16,888,716$15,670,497$19,421,744
50$23,807,841$17,681,088$16,160,283$20,705,467
51$26,199,957$18,511,177$16,665,369$22,093,033
52$28,834,926$19,380,798$17,186,232$23,593,927
53$31,737,483$20,291,852$17,723,365$25,218,555
54$34,934,884$21,246,331$18,277,276$26,978,334
55$38,457,166$22,246,325$18,848,489$28,885,796
56$42,337,427$23,294,025$19,437,543$30,954,696
57$46,612,140$24,391,727$20,044,996$33,200,136
58$51,321,497$25,541,841$20,671,423$35,638,700
59$56,509,788$26,746,889$21,317,414$38,288,602
60$62,225,821$28,009,521$21,983,581$41,169,848
61$68,523,377$29,332,510$22,670,554$44,304,421
62$75,461,726$30,718,767$23,378,982$47,716,473
63$83,106,179$32,171,344$24,109,534$51,432,548
64$91,528,708$33,693,438$24,862,902$55,481,821
65$100,808,624$35,288,405$25,639,797$59,896,363
66$111,033,327$36,959,760$26,440,954$64,711,432
67$122,299,130$38,711,192$27,267,130$69,965,795
68$134,712,168$40,546,567$28,119,105$75,702,082
69$148,389,399$42,469,938$28,997,685$81,967,178
70$163,459,710$44,485,558$29,903,700$88,812,648
71$180,065,132$46,597,882$30,838,006$96,295,213
72$198,362,183$48,811,585$31,801,486$104,477,272
73$218,523,340$51,131,568$32,795,051$113,427,473
74$240,738,674$53,562,968$33,819,638$123,221,348
75$265,217,640$56,111,175$34,876,217$133,942,009
76$292,191,055$58,781,837$35,965,786$145,680,916
77$321,913,276$61,580,881$37,089,373$158,538,720
78$354,664,603$64,514,517$38,248,040$172,626,197
79$390,753,926$67,589,262$39,442,883$188,065,274
80$430,521,635$70,811,945$40,675,028$204,990,158
81$474,342,842$74,189,730$41,945,642$223,548,583
82$522,630,913$77,730,128$43,255,922$243,903,182
83$575,841,379$81,441,017$44,607,108$266,232,997
84$634,476,229$85,330,656$46,000,475$290,735,149
85$699,088,652$89,407,706$47,437,340$317,626,669
86$770,288,262$93,681,252$48,919,058$347,146,520
87$848,746,849$98,160,816$50,447,030$379,557,829
88$935,204,720$102,856,389$52,022,698$415,150,338
89$1,030,477,694$107,778,444$53,647,551$454,243,109
90$1,135,464,796$112,937,966$55,323,122$497,187,504
91$1,251,156,753$118,346,473$57,050,993$544,370,471
92$1,378,645,336$124,016,046$58,832,797$596,218,157
93$1,519,133,680$129,959,351$60,670,214$653,199,899
94$1,673,947,629$136,189,673$62,564,981$715,832,614
95$1,844,548,264$142,720,944$64,518,885$784,685,636
96$2,032,545,691$149,567,774$66,533,771$860,386,053
97$2,239,714,240$156,745,484$68,611,541$943,624,583
98$2,468,009,221$164,270,141$70,754,156$1,035,162,043
99$2,719,585,381$172,158,597$72,963,639$1,135,836,489
100$2,996,817,244$180,428,522$75,242,075$1,246,571,074