Can I retire at age 45 with 12,200,000?

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 $12,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$1,007,465$998,491$989,735$981,190$972,845$933,878
2 years$498,745$489,456$480,454$471,726$463,260$424,490
3 years$329,194$319,865$310,886$302,239$293,911$256,560
4 years$244,435$235,135$226,245$217,746$209,620$173,971
5 years$193,593$184,348$175,575$167,250$159,350$125,494
6 years$159,709$150,534$141,891$133,751$126,088$94,047
7 years$135,516$126,419$117,912$109,964$102,543$72,304
8 years$117,379$108,364$99,999$92,246$85,069$56,602
9 years$103,281$94,350$86,129$78,573$71,641$44,900
10 years$92,008$83,165$75,089$67,731$61,042$35,976
11 years$82,791$74,037$66,107$58,946$52,498$29,047
12 years$75,116$66,452$58,669$51,704$45,493$23,594
13 years$68,627$60,053$52,416$45,647$39,671$19,257
14 years$63,069$54,586$47,096$40,520$34,776$15,776
15 years$58,257$49,866$42,522$36,137$30,619$12,964
16 years$54,051$45,751$38,552$32,357$27,061$10,680
17 years$50,343$42,135$35,081$29,072$23,994$8,816
18 years$47,051$38,934$32,024$26,200$21,335$7,289
19 years$44,109$36,084$29,317$23,674$19,016$6,035
20 years$41,464$33,531$26,906$21,441$16,986$5,002
21 years$39,074$31,233$24,748$19,459$15,200$4,150
22 years$36,905$29,155$22,809$17,693$13,625$3,446
23 years$34,927$27,268$21,060$16,113$12,230$2,863
24 years$33,116$25,548$19,477$14,696$10,993$2,379
25 years$31,453$23,976$18,040$13,421$9,892$1,979
26 years$29,921$22,533$16,731$12,272$8,910$1,646
27 years$28,504$21,206$15,536$11,233$8,033$1,370
28 years$27,191$19,983$14,443$10,292$7,249$1,140
29 years$25,971$18,851$13,440$9,438$6,545$949
30 years$24,834$17,803$12,519$8,661$5,914$790
31 years$23,772$16,830$11,671$7,955$5,347$658
32 years$22,779$15,925$10,889$7,311$4,837$548
33 years$21,848$15,081$10,167$6,723$4,377$456
34 years$20,974$14,293$9,500$6,186$3,963$380
35 years$20,152$13,557$8,882$5,694$3,590$317
36 years$19,376$12,867$8,309$5,244$3,252$264
37 years$18,645$12,221$7,777$4,832$2,948$220
38 years$17,954$11,614$7,283$4,454$2,672$183
39 years$17,299$11,044$6,823$4,106$2,423$153
40 years$16,679$10,508$6,395$3,788$2,198$127
41 years$16,091$10,002$5,997$3,495$1,994$106
42 years$15,532$9,526$5,625$3,225$1,809$88
43 years$15,001$9,076$5,278$2,977$1,642$74
44 years$14,495$8,651$4,955$2,749$1,491$61
45 years$14,013$8,250$4,652$2,539$1,353$51
46 years$13,554$7,870$4,370$2,345$1,229$43
47 years$13,115$7,511$4,105$2,166$1,116$35
48 years$12,696$7,170$3,858$2,002$1,013$30
49 years$12,295$6,847$3,626$1,850$920$25
50 years$11,911$6,540$3,409$1,710$836$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,200,000, adding $4,748 every year, while hoping to spend $36,012 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: 25/47/28 Blend
44$12,200,000$12,200,000$12,200,000$12,200,000
45$13,449,298$12,802,698$12,613,598$13,667,235
46$14,782,809$13,391,713$12,997,837$14,438,713
47$16,251,133$14,008,384$13,393,741$15,261,910
48$17,867,980$14,654,026$13,801,663$16,143,789
49$19,648,461$15,330,021$14,221,966$17,089,299
50$21,609,227$16,037,814$14,655,024$18,103,848
51$23,768,624$16,778,924$15,101,224$19,193,352
52$26,146,870$17,554,938$15,560,962$20,364,278
53$28,766,244$18,367,523$16,034,647$21,623,703
54$31,651,295$19,218,425$16,522,701$22,979,375
55$34,829,073$20,109,474$17,025,558$24,439,773
56$38,329,390$21,042,589$17,543,665$26,014,186
57$42,185,093$22,019,781$18,077,483$27,712,789
58$46,432,380$23,043,158$18,627,486$29,546,730
59$51,111,139$24,114,929$19,194,163$31,528,230
60$56,265,325$25,237,411$19,778,018$33,670,686
61$61,943,375$26,413,031$20,379,568$35,988,789
62$68,198,664$27,644,334$20,999,349$38,498,654
63$75,090,010$28,933,989$21,637,909$41,217,960
64$82,682,228$30,284,792$22,295,816$44,166,106
65$91,046,744$31,699,675$22,973,654$47,364,385
66$100,262,264$33,181,711$23,672,024$50,836,169
67$110,415,523$34,734,123$24,391,545$54,607,122
68$121,602,099$36,360,288$25,132,855$58,705,427
69$133,927,319$38,063,747$25,896,611$63,162,035
70$147,507,247$39,848,213$26,683,489$68,010,950
71$162,469,788$41,717,577$27,494,188$73,289,529
72$178,955,886$43,675,919$28,329,423$79,038,823
73$197,120,864$45,727,516$29,189,936$85,303,945
74$217,135,881$47,876,853$30,076,488$92,134,482
75$239,189,553$50,128,631$30,989,863$99,584,942
76$263,489,733$52,487,780$31,930,869$107,715,252
77$290,265,471$54,959,466$32,900,338$116,591,306
78$319,769,178$57,549,108$33,899,128$126,285,561
79$352,279,006$60,262,387$34,928,121$136,877,705
80$388,101,478$63,105,257$35,988,226$148,455,384
81$427,574,378$66,083,964$37,080,381$161,115,008
82$471,069,940$69,205,053$38,205,549$174,962,634
83$518,998,362$72,475,389$39,364,723$190,114,944
84$571,811,682$75,902,170$40,558,928$206,700,318
85$630,008,038$79,492,941$41,789,216$224,860,020
86$694,136,376$83,255,613$43,056,674$244,749,499
87$764,801,632$87,198,484$44,362,418$266,539,828
88$842,670,439$91,330,250$45,707,599$290,419,287
89$928,477,424$95,660,033$47,093,405$316,595,106
90$1,023,032,142$100,197,395$48,521,054$345,295,385
91$1,127,226,717$104,952,364$49,991,806$376,771,212
92$1,242,044,265$109,935,452$51,506,954$411,298,995
93$1,368,568,176$115,157,686$53,067,833$449,183,028
94$1,507,992,342$120,630,624$54,675,817$490,758,327
95$1,661,632,423$126,366,387$56,332,320$536,393,741
96$1,830,938,277$132,377,686$58,038,799$586,495,395
97$2,017,507,636$138,677,848$59,796,754$641,510,469
98$2,223,101,201$145,280,849$61,607,731$701,931,374
99$2,449,659,254$152,201,341$63,473,321$768,300,343
100$2,699,319,984$159,454,692$65,395,162$841,214,498