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%16.9%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,038,494
2 years$547,802$537,599$527,712$518,125$508,826$478,789
3 years$361,573$351,327$341,464$331,968$322,820$293,728
4 years$268,478$258,263$248,499$239,164$230,238$202,314
5 years$212,635$202,481$192,845$183,701$175,023$148,344
6 years$175,418$165,341$155,848$146,907$138,490$113,081
7 years$148,845$138,853$129,510$120,780$112,629$88,490
8 years$128,925$119,023$109,835$101,320$93,437$70,555
9 years$113,439$103,631$94,601$86,302$78,687$57,040
10 years$101,058$91,345$82,475$74,393$67,046$46,604
11 years$90,935$81,319$72,610$64,744$57,661$38,393
12 years$82,505$72,988$64,439$56,789$49,968$31,835
13 years$75,377$65,960$57,572$50,137$43,573$26,537
14 years$69,273$59,956$51,729$44,506$38,196$22,215
15 years$63,987$54,771$46,704$39,691$33,631$18,662
16 years$59,367$50,251$42,344$35,539$29,723$15,722
17 years$55,295$46,279$38,532$31,932$26,354$13,277
18 years$51,679$42,764$35,174$28,777$23,433$11,235
19 years$48,447$39,633$32,200$26,002$20,887$9,523
20 years$45,542$36,829$29,552$23,550$18,656$8,083
21 years$42,918$34,305$27,182$21,373$16,695$6,868
22 years$40,535$32,022$25,053$19,433$14,965$5,842
23 years$38,362$29,950$23,132$17,698$13,433$4,974
24 years$36,374$28,061$21,393$16,142$12,074$4,237
25 years$34,547$26,334$19,814$14,742$10,865$3,612
26 years$32,864$24,750$18,376$13,479$9,787$3,081
27 years$31,308$23,292$17,064$12,338$8,824$2,629
28 years$29,866$21,948$15,863$11,304$7,962$2,244
29 years$28,525$20,706$14,762$10,366$7,189$1,916
30 years$27,277$19,554$13,750$9,513$6,496$1,636
31 years$26,111$18,485$12,819$8,737$5,873$1,398
32 years$25,020$17,491$11,960$8,030$5,312$1,194
33 years$23,997$16,564$11,168$7,384$4,808$1,021
34 years$23,037$15,699$10,434$6,794$4,353$872
35 years$22,134$14,890$9,755$6,254$3,943$746
36 years$21,282$14,133$9,126$5,760$3,572$638
37 years$20,479$13,423$8,542$5,307$3,238$545
38 years$19,720$12,757$7,999$4,892$2,935$466
39 years$19,001$12,130$7,494$4,510$2,662$399
40 years$18,320$11,541$7,024$4,160$2,414$341
41 years$17,674$10,986$6,586$3,838$2,190$291
42 years$17,060$10,463$6,178$3,542$1,987$249
43 years$16,477$9,969$5,798$3,270$1,804$213
44 years$15,921$9,502$5,442$3,019$1,637$182
45 years$15,392$9,061$5,110$2,788$1,486$156
46 years$14,887$8,644$4,799$2,576$1,350$133
47 years$14,405$8,249$4,509$2,380$1,225$114
48 years$13,945$7,875$4,237$2,199$1,113$98
49 years$13,504$7,520$3,983$2,032$1,011$83
50 years$13,083$7,184$3,744$1,878$918$71

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 $6,569 every year, while hoping to spend $26,011 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: 26/45/29 Blend
44$13,400,000$13,400,000$13,400,000$13,400,000
45$14,773,576$14,063,376$13,855,676$15,023,901
46$16,252,805$14,724,806$14,292,166$15,892,788
47$17,882,044$15,417,774$14,742,406$16,821,708
48$19,676,566$16,143,798$15,206,830$17,817,841
49$21,653,202$16,904,470$15,685,885$18,886,896
50$23,830,497$17,701,459$16,180,031$20,035,112
51$26,228,890$18,536,512$16,689,744$21,269,313
52$28,870,901$19,411,466$17,215,515$22,596,964
53$31,781,347$20,328,242$17,757,849$24,026,236
54$34,987,576$21,288,856$18,317,268$25,566,072
55$38,519,722$22,295,424$18,894,310$27,226,266
56$42,410,995$23,350,161$19,489,530$29,017,546
57$46,697,989$24,455,391$20,103,502$30,951,665
58$51,421,030$25,613,552$20,736,816$33,041,506
59$56,624,556$26,827,197$21,390,080$35,301,188
60$62,357,538$28,099,007$22,063,925$37,746,197
61$68,673,938$29,431,789$22,758,997$40,393,514
62$75,633,222$30,828,489$23,475,966$43,261,768
63$83,300,922$32,292,196$24,215,522$46,371,399
64$91,749,249$33,826,148$24,978,376$49,744,841
65$101,057,783$35,433,739$25,765,262$53,406,716
66$111,314,216$37,118,531$26,576,937$57,384,058
67$122,615,184$38,884,257$27,414,182$61,706,551
68$135,067,178$40,734,831$28,277,802$66,406,798
69$148,787,551$42,674,359$29,168,630$71,520,608
70$163,905,623$44,707,144$30,087,521$77,087,323
71$180,563,903$46,837,701$31,035,359$83,150,171
72$198,919,435$49,070,762$32,013,057$89,756,656
73$219,145,279$51,411,290$33,021,556$96,958,987
74$241,432,144$53,864,491$34,061,825$104,814,555
75$265,990,192$56,435,820$35,134,866$113,386,450
76$293,051,019$59,131,002$36,241,711$122,744,042
77$322,869,839$61,956,037$37,383,424$132,963,605
78$355,727,898$64,917,219$38,561,105$144,129,024
79$391,935,128$68,021,147$39,775,886$156,332,554
80$431,833,069$71,274,741$41,028,936$169,675,671
81$475,798,098$74,685,259$42,321,461$184,270,001
82$524,244,979$78,260,311$43,654,705$200,238,348
83$577,630,778$82,007,879$45,029,949$217,715,823
84$636,459,183$85,936,330$46,448,518$236,851,089
85$701,285,252$90,054,443$47,911,776$257,807,735
86$772,720,659$94,371,421$49,421,131$280,765,784
87$851,439,462$98,896,917$50,978,035$305,923,359
88$938,184,474$103,641,053$52,583,986$333,498,518
89$1,033,774,270$108,614,444$54,240,530$363,731,274
90$1,139,110,917$113,828,224$55,949,259$396,885,819
91$1,255,188,490$119,294,066$57,711,819$433,252,981
92$1,383,102,456$125,024,215$59,529,904$473,152,920
93$1,524,060,015$131,031,510$61,405,265$516,938,109
94$1,679,391,501$137,329,418$63,339,705$564,996,612
95$1,850,562,935$143,932,060$65,335,086$617,755,699
96$2,039,189,870$150,854,247$67,393,327$675,685,825
97$2,247,052,643$158,111,511$69,516,409$739,305,018
98$2,476,113,178$165,720,141$71,706,375$809,183,709
99$2,728,533,515$173,697,221$73,965,332$885,950,062
100$3,006,696,216$182,060,667$76,295,452$970,295,839