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%11%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,064,032
2 years$547,802$537,599$527,712$518,125$508,826$504,281
3 years$361,573$351,327$341,464$331,968$322,820$318,372
4 years$268,478$258,263$248,499$239,164$230,238$225,922
5 years$212,635$202,481$192,845$183,701$175,023$170,852
6 years$175,418$165,341$155,848$146,907$138,490$134,469
7 years$148,845$138,853$129,510$120,780$112,629$108,760
8 years$128,925$119,023$109,835$101,320$93,437$89,720
9 years$113,439$103,631$94,601$86,302$78,687$75,122
10 years$101,058$91,345$82,475$74,393$67,046$63,631
11 years$90,935$81,319$72,610$64,744$57,661$54,394
12 years$82,505$72,988$64,439$56,789$49,968$46,846
13 years$75,377$65,960$57,572$50,137$43,573$40,594
14 years$69,273$59,956$51,729$44,506$38,196$35,356
15 years$63,987$54,771$46,704$39,691$33,631$30,926
16 years$59,367$50,251$42,344$35,539$29,723$27,151
17 years$55,295$46,279$38,532$31,932$26,354$23,910
18 years$51,679$42,764$35,174$28,777$23,433$21,113
19 years$48,447$39,633$32,200$26,002$20,887$18,687
20 years$45,542$36,829$29,552$23,550$18,656$16,573
21 years$42,918$34,305$27,182$21,373$16,695$14,724
22 years$40,535$32,022$25,053$19,433$14,965$13,102
23 years$38,362$29,950$23,132$17,698$13,433$11,674
24 years$36,374$28,061$21,393$16,142$12,074$10,414
25 years$34,547$26,334$19,814$14,742$10,865$9,300
26 years$32,864$24,750$18,376$13,479$9,787$8,313
27 years$31,308$23,292$17,064$12,338$8,824$7,437
28 years$29,866$21,948$15,863$11,304$7,962$6,658
29 years$28,525$20,706$14,762$10,366$7,189$5,964
30 years$27,277$19,554$13,750$9,513$6,496$5,346
31 years$26,111$18,485$12,819$8,737$5,873$4,795
32 years$25,020$17,491$11,960$8,030$5,312$4,302
33 years$23,997$16,564$11,168$7,384$4,808$3,862
34 years$23,037$15,699$10,434$6,794$4,353$3,468
35 years$22,134$14,890$9,755$6,254$3,943$3,115
36 years$21,282$14,133$9,126$5,760$3,572$2,799
37 years$20,479$13,423$8,542$5,307$3,238$2,516
38 years$19,720$12,757$7,999$4,892$2,935$2,261
39 years$19,001$12,130$7,494$4,510$2,662$2,033
40 years$18,320$11,541$7,024$4,160$2,414$1,829
41 years$17,674$10,986$6,586$3,838$2,190$1,645
42 years$17,060$10,463$6,178$3,542$1,987$1,480
43 years$16,477$9,969$5,798$3,270$1,804$1,332
44 years$15,921$9,502$5,442$3,019$1,637$1,198
45 years$15,392$9,061$5,110$2,788$1,486$1,078
46 years$14,887$8,644$4,799$2,576$1,350$971
47 years$14,405$8,249$4,509$2,380$1,225$874
48 years$13,945$7,875$4,237$2,199$1,113$787
49 years$13,504$7,520$3,983$2,032$1,011$708
50 years$13,083$7,184$3,744$1,878$918$638

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 $5,187 every year, while hoping to spend $48,674 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: 40/37/23 Blend
44$13,400,000$13,400,000$13,400,000$13,400,000
45$14,772,150$14,061,950$13,854,250$15,262,297
46$16,227,121$14,699,197$14,266,579$16,252,802
47$17,828,867$15,366,038$14,691,089$17,318,690
48$19,592,309$16,063,871$15,128,138$18,470,866
49$21,533,886$16,794,162$15,578,092$19,717,233
50$23,671,713$17,558,447$16,041,329$21,066,462
51$26,025,752$18,358,335$16,518,238$22,528,070
52$28,617,998$19,195,513$17,009,218$24,112,501
53$31,472,688$20,071,747$17,514,681$25,831,223
54$34,616,529$20,988,890$18,035,050$27,696,828
55$38,078,952$21,948,882$18,570,761$29,723,146
56$41,892,385$22,953,757$19,122,261$31,925,368
57$46,092,564$24,005,647$19,690,013$34,320,182
58$50,718,866$25,106,784$20,274,489$36,925,927
59$55,814,685$26,259,511$20,876,178$39,762,753
60$61,427,835$27,466,279$21,495,583$42,852,811
61$67,611,008$28,729,661$22,133,219$46,220,448
62$74,422,268$30,052,351$22,789,618$49,892,429
63$81,925,596$31,437,173$23,465,327$53,898,185
64$90,191,500$32,887,088$24,160,909$58,270,078
65$99,297,675$34,405,197$24,876,942$63,043,699
66$109,329,739$35,994,753$25,614,020$68,258,190
67$120,382,040$37,659,164$26,372,758$73,956,610
68$132,558,547$39,402,002$27,153,785$80,186,325
69$145,973,831$41,227,012$27,957,748$86,999,444
70$160,754,144$43,138,117$28,785,315$94,453,302
71$177,038,615$45,139,433$29,637,171$102,610,987
72$194,980,559$47,235,272$30,514,022$111,541,921
73$214,748,929$49,430,152$31,416,594$121,322,507
74$236,529,903$51,728,813$32,345,633$132,036,828
75$260,528,648$54,136,220$33,301,908$143,777,432
76$286,971,256$56,657,581$34,286,207$156,646,189
77$316,106,873$59,298,351$35,299,344$170,755,235
78$348,210,057$62,064,253$36,342,155$186,228,013
79$383,583,364$64,961,283$37,415,498$203,200,424
80$422,560,209$67,995,727$38,520,259$221,822,086
81$465,508,009$71,174,177$39,657,347$242,257,731
82$512,831,654$74,503,540$40,827,696$264,688,740
83$564,977,329$77,991,060$42,032,270$289,314,829
84$622,436,724$81,644,329$43,272,058$316,355,920
85$685,751,675$85,471,306$44,548,078$346,054,185
86$755,519,284$89,480,338$45,861,376$378,676,314
87$832,397,548$93,680,171$47,213,029$414,516,005
88$917,111,576$98,079,978$48,604,144$453,896,708
89$1,010,460,434$102,689,375$50,035,861$497,174,656
90$1,113,324,686$107,518,441$51,509,349$544,742,191
91$1,226,674,705$112,577,746$53,025,813$597,031,445
92$1,351,579,840$117,878,371$54,586,493$654,518,380
93$1,489,218,504$123,431,932$56,192,661$717,727,254
94$1,640,889,304$129,250,609$57,845,628$787,235,531
95$1,808,023,297$135,347,173$59,546,741$863,679,299
96$1,992,197,501$141,735,011$61,297,384$947,759,233
97$2,195,149,782$148,428,163$63,098,982$1,040,247,173
98$2,418,795,262$155,441,345$64,953,000$1,141,993,365
99$2,665,244,397$162,789,989$66,860,944$1,253,934,446
100$2,936,822,902$170,490,276$68,824,363$1,377,102,241