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%15.5%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,067,783
2 years$560,066$549,635$539,526$529,725$520,218$495,491
3 years$369,668$359,193$349,109$339,400$330,048$306,040
4 years$274,488$264,045$254,062$244,518$235,393$212,290
5 years$217,395$207,014$197,163$187,814$178,942$156,809
6 years$179,346$169,043$159,337$150,196$141,591$120,450
7 years$152,178$141,962$132,410$123,484$115,151$95,007
8 years$131,811$121,687$112,294$103,588$95,529$76,374
9 years$115,979$105,951$96,719$88,234$80,449$62,268
10 years$103,321$93,390$84,321$76,059$68,547$51,321
11 years$92,971$83,140$74,235$66,194$58,952$42,658
12 years$84,352$74,622$65,882$58,061$51,087$35,699
13 years$77,065$67,437$58,861$51,259$44,549$30,039
14 years$70,824$61,298$52,887$45,502$39,051$25,389
15 years$65,420$55,997$47,750$40,580$34,384$21,539
16 years$60,696$51,376$43,292$36,335$30,388$18,328
17 years$56,533$47,315$39,394$32,647$26,945$15,636
18 years$52,836$43,721$35,962$29,421$23,958$13,368
19 years$49,532$40,521$32,921$26,584$21,354$11,450
20 years$46,562$37,654$30,214$24,077$19,074$9,822
21 years$43,878$35,073$27,791$21,852$17,069$8,437
22 years$41,442$32,739$25,613$19,868$15,300$7,255
23 years$39,221$30,620$23,649$18,094$13,734$6,245
24 years$37,188$28,689$21,872$16,503$12,345$5,379
25 years$35,321$26,924$20,258$15,072$11,108$4,637
26 years$33,600$25,304$18,788$13,781$10,006$4,000
27 years$32,009$23,814$17,446$12,614$9,021$3,452
28 years$30,534$22,440$16,219$11,557$8,140$2,980
29 years$29,164$21,169$15,093$10,598$7,350$2,574
30 years$27,887$19,992$14,058$9,726$6,641$2,224
31 years$26,695$18,899$13,106$8,933$6,004$1,922
32 years$25,580$17,882$12,228$8,210$5,431$1,662
33 years$24,535$16,935$11,418$7,549$4,915$1,437
34 years$23,553$16,051$10,668$6,946$4,450$1,242
35 years$22,629$15,224$9,974$6,394$4,031$1,075
36 years$21,759$14,449$9,330$5,889$3,652$930
37 years$20,937$13,724$8,733$5,426$3,310$804
38 years$20,161$13,042$8,178$5,001$3,001$696
39 years$19,426$12,402$7,662$4,611$2,721$602
40 years$18,730$11,800$7,182$4,253$2,468$521
41 years$18,070$11,232$6,734$3,924$2,239$451
42 years$17,442$10,697$6,317$3,622$2,032$390
43 years$16,845$10,192$5,927$3,343$1,844$338
44 years$16,278$9,715$5,564$3,087$1,674$292
45 years$15,736$9,264$5,224$2,851$1,520$253
46 years$15,220$8,838$4,907$2,633$1,380$219
47 years$14,728$8,434$4,610$2,433$1,253$190
48 years$14,257$8,051$4,332$2,248$1,138$164
49 years$13,807$7,689$4,072$2,078$1,033$142
50 years$13,376$7,344$3,828$1,920$939$123

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 $2,132 every year, while hoping to spend $53,038 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: 58/12/30 Blend
44$13,700,000$13,700,000$13,700,000$13,700,000
45$15,099,599$14,373,499$14,161,149$15,850,895
46$16,583,326$15,021,369$14,579,116$17,014,781
47$18,216,616$15,699,206$15,009,306$18,277,555
48$20,014,667$16,408,424$15,452,075$19,653,492
49$21,994,229$17,150,502$15,907,785$21,153,596
50$24,173,755$17,926,991$16,376,810$22,789,974
51$26,573,580$18,739,516$16,859,535$24,575,947
52$29,216,111$19,589,778$17,356,356$26,526,173
53$32,126,040$20,479,563$17,867,679$28,656,786
54$35,330,572$21,410,738$18,393,923$30,985,539
55$38,859,689$22,385,262$18,935,518$33,531,975
56$42,746,426$23,405,188$19,492,906$36,317,604
57$47,027,185$24,472,667$20,066,542$39,366,107
58$51,742,082$25,589,952$20,656,896$42,703,551
59$56,935,320$26,759,404$21,264,447$46,358,636
60$62,655,607$27,983,500$21,889,690$50,362,961
61$68,956,619$29,264,832$22,533,135$54,751,316
62$75,897,504$30,606,118$23,195,305$59,562,012
63$83,543,440$32,010,208$23,876,738$64,837,232
64$91,966,249$33,480,087$24,577,987$70,623,432
65$101,245,079$35,018,883$25,299,622$76,971,768
66$111,467,144$36,629,876$26,042,227$83,938,580
67$122,728,555$38,316,502$26,806,403$91,585,917
68$135,135,220$40,082,363$27,592,770$99,982,117
69$148,803,848$41,931,234$28,401,964$109,202,448
70$163,863,049$43,867,073$29,234,638$119,329,813
71$180,454,546$45,894,025$30,091,464$130,455,527
72$198,734,516$48,016,439$30,973,134$142,680,174
73$218,875,061$50,238,869$31,880,359$156,114,548
74$241,065,835$52,566,092$32,813,869$170,880,697
75$265,515,832$55,003,112$33,774,416$187,113,065
76$292,455,360$57,555,177$34,762,771$204,959,755
77$322,138,211$60,227,785$35,779,728$224,583,920
78$354,844,064$63,026,703$36,826,105$246,165,299
79$390,881,119$65,957,971$37,902,740$269,901,902
80$430,589,006$69,027,925$39,010,495$296,011,872
81$474,341,996$72,243,204$40,150,257$324,735,538
82$522,552,527$75,610,768$41,322,938$356,337,675
83$575,675,102$79,137,914$42,529,474$391,109,992
84$634,210,581$82,832,290$43,770,830$429,373,880
85$698,710,902$86,701,914$45,047,994$471,483,431
86$769,784,297$90,755,191$46,361,985$517,828,779
87$848,101,032$95,000,932$47,713,849$568,839,765
88$934,399,735$99,448,375$49,104,660$624,989,984
89$1,029,494,365$104,107,203$50,535,523$686,801,252
90$1,134,281,903$108,987,568$52,007,576$754,848,511
91$1,249,750,811$114,100,113$53,521,984$829,765,250
92$1,376,990,371$119,455,995$55,079,947$912,249,471
93$1,517,200,962$125,066,913$56,682,699$1,003,070,265
94$1,671,705,398$130,945,129$58,331,507$1,103,075,056
95$1,841,961,409$137,103,501$60,027,673$1,213,197,591
96$2,029,575,408$143,555,508$61,772,535$1,334,466,738
97$2,236,317,654$150,315,282$63,567,469$1,468,016,181
98$2,464,138,963$157,397,640$65,413,889$1,615,095,108
99$2,715,189,130$164,818,116$67,313,246$1,777,079,987
100$2,991,837,214$172,592,998$69,267,033$1,955,487,542