Can I retire at age 45 with 12,100,000?

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 $12,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$999,207$990,306$981,623$973,147$964,871$955,192
2 years$494,657$485,444$476,516$467,859$459,462$449,714
3 years$326,495$317,243$308,337$299,762$291,502$281,986
4 years$242,431$233,207$224,391$215,962$207,902$198,692
5 years$192,006$182,837$174,136$165,879$158,043$149,166
6 years$158,400$149,300$140,728$132,655$125,054$116,521
7 years$134,405$125,382$116,946$109,063$101,703$93,517
8 years$116,417$107,476$99,179$91,490$84,372$76,534
9 years$102,434$93,577$85,423$77,929$71,054$63,560
10 years$91,254$82,484$74,474$67,176$60,541$53,387
11 years$82,113$73,430$65,565$58,463$52,067$45,248
12 years$74,500$65,907$58,188$51,280$45,121$38,628
13 years$68,064$59,561$51,987$45,273$39,346$33,173
14 years$62,552$54,139$46,710$40,188$34,490$28,629
15 years$57,780$49,457$42,173$35,841$30,368$24,809
16 years$53,608$45,376$38,236$32,091$26,839$21,574
17 years$49,930$41,789$34,793$28,834$23,798$18,815
18 years$46,665$38,615$31,762$25,985$21,160$16,451
19 years$43,747$35,788$29,077$23,480$18,860$14,416
20 years$41,124$33,256$26,685$21,265$16,846$12,655
21 years$38,754$30,977$24,545$19,300$15,076$11,128
22 years$36,602$28,916$22,622$17,548$13,513$9,799
23 years$34,641$27,044$20,887$15,981$12,130$8,639
24 years$32,845$25,339$19,317$14,576$10,903$7,625
25 years$31,196$23,779$17,892$13,311$9,811$6,736
26 years$29,676$22,349$16,594$12,171$8,837$5,955
27 years$28,271$21,033$15,409$11,141$7,968$5,269
28 years$26,968$19,819$14,324$10,207$7,189$4,665
29 years$25,758$18,697$13,330$9,360$6,492$4,132
30 years$24,630$17,657$12,416$8,590$5,866$3,662
31 years$23,578$16,692$11,576$7,890$5,303$3,247
32 years$22,593$15,794$10,800$7,251$4,797$2,880
33 years$21,669$14,957$10,084$6,668$4,341$2,556
34 years$20,802$14,176$9,422$6,135$3,931$2,268
35 years$19,986$13,446$8,809$5,647$3,560$2,014
36 years$19,218$12,762$8,241$5,201$3,226$1,788
37 years$18,492$12,121$7,713$4,792$2,924$1,588
38 years$17,806$11,519$7,223$4,417$2,650$1,411
39 years$17,158$10,954$6,767$4,073$2,403$1,254
40 years$16,543$10,421$6,343$3,757$2,180$1,114
41 years$15,959$9,920$5,948$3,466$1,978$990
42 years$15,405$9,448$5,579$3,199$1,795$880
43 years$14,878$9,002$5,235$2,953$1,629$782
44 years$14,377$8,581$4,914$2,726$1,478$696
45 years$13,899$8,182$4,614$2,518$1,342$618
46 years$13,443$7,806$4,334$2,326$1,219$550
47 years$13,008$7,449$4,071$2,149$1,107$489
48 years$12,592$7,111$3,826$1,985$1,005$435
49 years$12,194$6,791$3,596$1,835$913$387
50 years$11,814$6,487$3,381$1,696$829$344

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,100,000, adding $6,146 every year, while hoping to spend $30,538 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: 45/28/27 Blend
44$12,100,000$12,100,000$12,100,000$12,100,000
45$13,340,540$12,699,240$12,511,690$13,836,483
46$14,668,782$13,289,010$12,898,339$14,778,945
47$16,131,483$13,906,656$13,296,918$15,797,005
48$17,742,322$14,553,511$13,707,793$16,900,540
49$19,516,379$15,230,972$14,131,344$18,097,543
50$21,470,266$15,940,506$14,567,960$19,396,792
51$23,622,290$16,683,648$15,018,044$20,807,930
52$25,992,626$17,462,010$15,482,011$22,341,550
53$28,603,504$18,277,278$15,960,288$24,009,290
54$31,479,419$19,131,222$16,453,315$25,823,941
55$34,647,366$20,025,698$16,961,548$27,799,561
56$38,137,090$20,962,650$17,485,452$29,951,603
57$41,981,371$21,944,118$18,025,513$32,297,055
58$46,216,329$22,972,237$18,582,225$34,854,597
59$50,881,767$24,049,250$19,156,102$37,644,767
60$56,021,548$25,177,504$19,747,673$40,690,156
61$61,684,007$26,359,463$20,357,481$44,015,606
62$67,922,407$27,597,708$20,986,088$47,648,448
63$74,795,443$28,894,946$21,634,072$51,618,743
64$82,367,794$30,254,014$22,302,030$55,959,567
65$90,710,736$31,677,888$22,990,575$60,707,310
66$99,902,814$33,169,687$23,700,342$65,902,016
67$110,030,580$34,732,681$24,431,982$71,587,750
68$121,189,416$36,370,298$25,186,170$77,813,004
69$133,484,427$38,086,134$25,963,598$84,631,152
70$147,031,441$39,883,957$26,764,981$92,100,938
71$161,958,096$41,767,719$27,591,055$100,287,025
72$178,405,047$43,741,563$28,442,581$109,260,592
73$196,527,295$45,809,832$29,320,341$119,099,999
74$216,495,648$47,977,083$30,225,141$129,891,512
75$238,498,333$50,248,089$31,157,812$141,730,108
76$262,742,777$52,627,859$32,119,213$154,720,361
77$289,457,558$55,121,643$33,110,224$168,977,410
78$318,894,571$57,734,944$34,131,758$184,628,041
79$351,331,397$60,473,537$35,184,752$201,811,865
80$387,073,932$63,343,472$36,270,174$220,682,622
81$426,459,267$66,351,096$37,389,018$241,409,619
82$469,858,875$69,503,064$38,542,314$264,179,310
83$517,682,118$72,806,351$39,731,119$289,197,043
84$570,380,107$76,268,276$40,956,525$316,688,977
85$628,449,965$79,896,508$42,219,655$346,904,203
86$692,439,518$83,699,093$43,521,670$380,117,073
87$762,952,467$87,684,467$44,863,764$416,629,776
88$840,654,086$91,861,473$46,247,167$456,775,161
89$926,277,504$96,239,387$47,673,149$500,919,867
90$1,020,630,628$100,827,935$49,143,018$549,467,756
91$1,124,603,764$105,637,316$50,658,121$602,863,702
92$1,239,178,027$110,678,224$52,219,847$661,597,771
93$1,365,434,603$115,961,873$53,829,629$726,209,814
94$1,504,564,952$121,500,025$55,488,942$797,294,545
95$1,657,882,062$127,305,011$57,199,306$875,507,121
96$1,826,832,839$133,389,763$58,962,289$961,569,297
97$2,013,011,769$139,767,842$60,779,507$1,056,276,215
98$2,218,175,973$146,453,470$62,652,623$1,160,503,872
99$2,444,261,791$153,461,558$64,583,355$1,275,217,358
100$2,693,403,066$160,807,747$66,573,470$1,401,479,934