Can I retire at age 45 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,067,348
2 years$560,066$549,635$539,526$529,725$520,218$495,059
3 years$369,668$359,193$349,109$339,400$330,048$305,626
4 years$274,488$264,045$254,062$244,518$235,393$211,896
5 years$217,395$207,014$197,163$187,814$178,942$156,435
6 years$179,346$169,043$159,337$150,196$141,591$120,098
7 years$152,178$141,962$132,410$123,484$115,151$94,676
8 years$131,811$121,687$112,294$103,588$95,529$76,063
9 years$115,979$105,951$96,719$88,234$80,449$61,978
10 years$103,321$93,390$84,321$76,059$68,547$51,050
11 years$92,971$83,140$74,235$66,194$58,952$42,406
12 years$84,352$74,622$65,882$58,061$51,087$35,465
13 years$77,065$67,437$58,861$51,259$44,549$29,822
14 years$70,824$61,298$52,887$45,502$39,051$25,188
15 years$65,420$55,997$47,750$40,580$34,384$21,353
16 years$60,696$51,376$43,292$36,335$30,388$18,158
17 years$56,533$47,315$39,394$32,647$26,945$15,479
18 years$52,836$43,721$35,962$29,421$23,958$13,225
19 years$49,532$40,521$32,921$26,584$21,354$11,319
20 years$46,562$37,654$30,214$24,077$19,074$9,702
21 years$43,878$35,073$27,791$21,852$17,069$8,327
22 years$41,442$32,739$25,613$19,868$15,300$7,155
23 years$39,221$30,620$23,649$18,094$13,734$6,154
24 years$37,188$28,689$21,872$16,503$12,345$5,297
25 years$35,321$26,924$20,258$15,072$11,108$4,563
26 years$33,600$25,304$18,788$13,781$10,006$3,932
27 years$32,009$23,814$17,446$12,614$9,021$3,391
28 years$30,534$22,440$16,219$11,557$8,140$2,925
29 years$29,164$21,169$15,093$10,598$7,350$2,525
30 years$27,887$19,992$14,058$9,726$6,641$2,179
31 years$26,695$18,899$13,106$8,933$6,004$1,882
32 years$25,580$17,882$12,228$8,210$5,431$1,626
33 years$24,535$16,935$11,418$7,549$4,915$1,404
34 years$23,553$16,051$10,668$6,946$4,450$1,213
35 years$22,629$15,224$9,974$6,394$4,031$1,049
36 years$21,759$14,449$9,330$5,889$3,652$906
37 years$20,937$13,724$8,733$5,426$3,310$783
38 years$20,161$13,042$8,178$5,001$3,001$677
39 years$19,426$12,402$7,662$4,611$2,721$586
40 years$18,730$11,800$7,182$4,253$2,468$506
41 years$18,070$11,232$6,734$3,924$2,239$438
42 years$17,442$10,697$6,317$3,622$2,032$379
43 years$16,845$10,192$5,927$3,343$1,844$327
44 years$16,278$9,715$5,564$3,087$1,674$283
45 years$15,736$9,264$5,224$2,851$1,520$245
46 years$15,220$8,838$4,907$2,633$1,380$212
47 years$14,728$8,434$4,610$2,433$1,253$183
48 years$14,257$8,051$4,332$2,248$1,138$158
49 years$13,807$7,689$4,072$2,078$1,033$137
50 years$13,376$7,344$3,828$1,920$939$119

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,700,000, adding $5,040 every year, while hoping to spend $22,783 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: 77/18/5 Blend
44$13,700,000$13,700,000$13,700,000$13,700,000
45$15,102,599$14,376,499$14,164,149$16,261,199
46$16,618,823$15,056,706$14,614,407$17,702,101
47$18,288,938$15,769,480$15,078,985$19,277,922
48$20,128,618$16,516,393$15,558,339$21,004,836
49$22,155,132$17,299,091$16,052,938$22,897,835
50$24,387,513$18,119,304$16,563,269$24,973,418
51$26,846,732$18,978,843$17,089,832$27,249,749
52$29,555,900$19,879,607$17,633,142$29,746,823
53$32,540,483$20,823,590$18,193,734$32,486,655
54$35,828,546$21,812,878$18,772,157$35,493,479
55$39,451,011$22,849,663$19,368,978$38,793,980
56$43,441,959$23,936,242$19,984,784$42,417,538
57$47,838,942$25,075,021$20,620,177$46,396,505
58$52,683,344$26,268,526$21,275,782$50,766,505
59$58,020,766$27,519,406$21,952,243$55,566,767
60$63,901,463$28,830,435$22,650,222$60,840,492
61$70,380,812$30,204,526$23,370,404$66,635,256
62$77,519,839$31,644,732$24,113,496$73,003,453
63$85,385,793$33,154,254$24,880,228$80,002,789
64$94,052,780$34,736,449$25,671,352$87,696,821
65$103,602,465$36,394,836$26,487,644$96,155,548
66$114,124,842$38,133,108$27,329,906$105,456,073
67$125,719,081$39,955,136$28,198,963$115,683,319
68$138,494,468$41,864,978$29,095,669$126,930,830
69$152,571,434$43,866,892$30,020,904$139,301,646
70$168,082,691$45,965,342$30,975,576$152,909,269
71$185,174,490$48,165,008$31,960,622$167,878,730
72$204,007,995$50,470,800$32,977,009$184,347,761
73$224,760,806$52,887,865$34,025,735$202,468,087
74$247,628,640$55,421,602$35,107,829$222,406,854
75$272,827,174$58,077,673$36,224,353$244,348,195
76$300,594,081$60,862,014$37,376,404$268,494,965
77$331,191,276$63,780,852$38,565,113$295,070,643
78$364,907,388$66,840,715$39,791,646$324,321,435
79$402,060,484$70,048,452$41,057,208$356,518,589
80$443,001,070$73,411,244$42,363,042$391,960,944
81$488,115,404$76,936,620$43,710,429$430,977,745
82$537,829,140$80,632,478$45,100,692$473,931,733
83$592,611,344$84,507,102$46,535,197$521,222,567
84$652,978,928$88,569,176$48,015,353$573,290,578
85$719,501,523$92,827,811$49,542,612$630,620,919
86$792,806,864$97,292,559$51,118,476$693,748,127
87$873,586,710$101,973,440$52,744,490$763,261,161
88$962,603,376$106,880,961$54,422,252$839,808,942
89$1,060,696,934$112,026,141$56,153,411$924,106,470
90$1,168,793,137$117,420,537$57,939,666$1,016,941,554
91$1,287,912,163$123,076,270$59,782,771$1,119,182,237
92$1,419,178,247$129,006,051$61,684,537$1,231,784,970
93$1,563,830,292$135,223,211$63,646,833$1,355,803,624
94$1,723,233,565$141,741,731$65,671,585$1,492,399,426
95$1,898,892,588$148,576,275$67,760,782$1,642,851,892
96$2,092,465,341$155,742,222$69,916,478$1,808,570,897
97$2,305,778,915$163,255,700$72,140,789$1,991,109,954
98$2,540,846,760$171,133,625$74,435,901$2,192,180,863
99$2,799,887,694$179,393,738$76,804,069$2,413,669,848
100$3,085,346,853$188,054,645$79,247,619$2,657,655,337