Can I retire at age 45 with 12,500,000?

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 $12,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$961,019
2 years$511,009$501,492$492,268$483,326$474,651$439,022
3 years$337,289$327,731$318,530$309,671$301,138$266,748
4 years$250,446$240,917$231,808$223,101$214,774$181,886
5 years$198,353$188,882$179,893$171,363$163,268$131,967
6 years$163,636$154,236$145,380$137,040$129,188$99,499
7 years$138,848$129,527$120,812$112,668$105,065$76,980
8 years$120,266$111,029$102,458$94,515$87,161$60,657
9 years$105,820$96,670$88,247$80,506$73,402$48,443
10 years$94,271$85,210$76,936$69,397$62,543$39,086
11 years$84,827$75,858$67,733$60,396$53,789$31,786
12 years$76,963$68,086$60,111$52,975$46,612$26,010
13 years$70,314$61,530$53,705$46,769$40,647$21,388
14 years$64,620$55,929$48,255$41,516$35,631$17,658
15 years$59,690$51,092$43,567$37,025$31,372$14,625
16 years$55,380$46,876$39,500$33,152$27,727$12,145
17 years$51,581$43,171$35,944$29,787$24,584$10,107
18 years$48,208$39,892$32,812$26,844$21,859$8,426
19 years$45,193$36,971$30,038$24,256$19,484$7,035
20 years$42,484$34,356$27,567$21,968$17,403$5,880
21 years$40,035$32,001$25,356$19,938$15,574$4,920
22 years$37,812$29,872$23,370$18,128$13,960$4,120
23 years$35,786$27,938$21,578$16,509$12,531$3,453
24 years$33,931$26,176$19,956$15,058$11,263$2,895
25 years$32,227$24,565$18,483$13,752$10,135$2,429
26 years$30,657$23,087$17,142$12,574$9,129$2,039
27 years$29,205$21,728$15,918$11,509$8,231$1,711
28 years$27,860$20,474$14,798$10,545$7,427$1,437
29 years$26,609$19,315$13,771$9,670$6,706$1,207
30 years$25,445$18,241$12,827$8,874$6,060$1,014
31 years$24,357$17,244$11,958$8,150$5,478$852
32 years$23,340$16,316$11,157$7,490$4,956$716
33 years$22,386$15,452$10,418$6,888$4,485$602
34 years$21,490$14,645$9,734$6,338$4,061$506
35 years$20,647$13,890$9,100$5,834$3,678$425
36 years$19,853$13,184$8,513$5,373$3,332$358
37 years$19,103$12,522$7,968$4,951$3,020$301
38 years$18,395$11,900$7,462$4,563$2,738$253
39 years$17,725$11,316$6,991$4,207$2,483$213
40 years$17,089$10,766$6,552$3,881$2,252$179
41 years$16,487$10,248$6,144$3,580$2,043$150
42 years$15,914$9,760$5,763$3,304$1,854$126
43 years$15,370$9,299$5,408$3,050$1,683$106
44 years$14,852$8,864$5,077$2,816$1,527$89
45 years$14,358$8,453$4,767$2,601$1,387$75
46 years$13,887$8,064$4,477$2,403$1,259$63
47 years$13,438$7,695$4,206$2,220$1,143$53
48 years$13,008$7,346$3,953$2,051$1,038$45
49 years$12,597$7,015$3,715$1,896$943$38
50 years$12,204$6,701$3,493$1,752$856$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,500,000, adding $2,114 every year, while hoping to spend $32,081 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: 29/41/30 Blend
44$12,500,000$12,500,000$12,500,000$12,500,000
45$13,777,181$13,114,681$12,920,931$14,049,409
46$15,148,319$13,723,166$13,319,648$14,875,092
47$16,658,238$14,360,392$13,730,647$15,759,191
48$18,321,061$15,027,733$14,154,305$16,709,033
49$20,152,346$15,726,630$14,591,012$17,730,334
50$22,169,243$16,458,592$15,041,169$18,829,345
51$24,390,647$17,225,204$15,505,188$20,012,915
52$26,837,378$18,028,123$15,983,497$21,288,543
53$29,532,380$18,869,091$16,476,534$22,664,447
54$32,500,936$19,749,930$16,984,752$24,149,632
55$35,770,908$20,672,553$17,508,617$25,753,966
56$39,372,995$21,638,962$18,048,610$27,488,274
57$43,341,028$22,651,260$18,605,226$29,364,424
58$47,712,289$23,711,647$19,178,977$31,395,435
59$52,527,858$24,822,434$19,770,389$33,595,593
60$57,833,007$25,986,040$20,380,004$35,980,575
61$63,677,620$27,205,003$21,008,381$38,567,588
62$70,116,672$28,481,982$21,656,096$41,375,523
63$77,210,741$29,819,768$22,323,744$44,425,123
64$85,026,584$31,221,284$23,011,936$47,739,171
65$93,637,763$32,689,595$23,721,304$51,342,689
66$103,125,345$34,227,914$24,452,497$55,263,169
67$113,578,660$35,839,612$25,206,186$59,530,815
68$125,096,152$37,528,221$25,983,062$64,178,822
69$137,786,300$39,297,445$26,783,835$69,243,672
70$151,768,649$41,151,166$27,609,240$74,765,466
71$167,174,934$43,093,457$28,460,032$80,788,290
72$184,150,326$45,128,584$29,336,992$87,360,614
73$202,854,799$47,261,025$30,240,921$94,535,738
74$223,464,645$49,495,472$31,172,648$102,372,276
75$246,174,133$51,836,844$32,133,026$110,934,693
76$271,197,345$54,290,300$33,122,933$120,293,897
77$298,770,199$56,861,249$34,143,276$130,527,889
78$329,152,671$59,555,362$35,194,988$141,722,482
79$362,631,255$62,378,586$36,279,031$153,972,089
80$399,521,662$65,337,157$37,396,398$167,380,595
81$440,171,805$68,437,610$38,548,111$182,062,315
82$484,965,078$71,686,803$39,735,222$198,143,048
83$534,323,982$75,091,921$40,958,817$215,761,246
84$588,714,106$78,660,504$42,220,016$235,069,290
85$648,648,529$82,400,452$43,519,970$256,234,907
86$714,692,659$86,320,054$44,859,869$279,442,723
87$787,469,572$90,428,000$46,240,937$304,895,977
88$867,665,897$94,733,399$47,664,436$332,818,412
89$956,038,290$99,245,808$49,131,667$363,456,355
90$1,053,420,588$103,975,244$50,643,970$397,081,006
91$1,160,731,671$108,932,215$52,202,726$433,990,969
92$1,278,984,143$114,127,735$53,809,359$474,515,032
93$1,409,293,890$119,573,358$55,465,337$519,015,232
94$1,552,890,612$125,281,198$57,172,171$567,890,237
95$1,711,129,435$131,263,957$58,931,419$621,579,064
96$1,885,503,703$137,534,957$60,744,688$680,565,185
97$2,077,659,077$144,108,166$62,613,631$745,381,039
98$2,289,409,071$150,998,234$64,539,955$816,613,020
99$2,522,752,170$158,220,521$66,525,417$894,906,956
100$2,779,890,701$165,791,136$68,571,829$980,974,156