Can I retire at age 45 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$998,828
2 years$515,097$505,504$496,207$487,192$478,448$472,483
3 years$339,987$330,352$321,079$312,149$303,547$297,714
4 years$252,449$242,844$233,663$224,886$216,493$210,836
5 years$199,940$190,393$181,332$172,734$164,574$159,112
6 years$164,946$155,470$146,543$138,137$130,222$124,960
7 years$139,959$130,563$121,778$113,570$105,905$100,847
8 years$121,228$111,917$103,277$95,271$87,859$83,004
9 years$106,667$97,444$88,953$81,150$73,990$69,337
10 years$95,025$85,892$77,551$69,952$63,043$58,591
11 years$85,506$76,465$68,275$60,879$54,219$49,964
12 years$77,579$68,630$60,592$53,399$46,985$42,924
13 years$70,877$62,022$54,135$47,143$40,972$37,100
14 years$65,137$56,376$48,641$41,849$35,916$32,229
15 years$60,167$51,501$43,916$37,322$31,623$28,116
16 years$55,823$47,251$39,816$33,417$27,949$24,617
17 years$51,993$43,516$36,231$30,025$24,781$21,620
18 years$48,593$40,211$33,074$27,059$22,034$19,037
19 years$45,555$37,267$30,278$24,450$19,640$16,802
20 years$42,823$34,630$27,788$22,144$17,542$14,858
21 years$40,355$32,257$25,559$20,097$15,698$13,162
22 years$38,115$30,111$23,557$18,273$14,071$11,677
23 years$36,072$28,162$21,751$16,642$12,631$10,373
24 years$34,202$26,386$20,116$15,178$11,353$9,225
25 years$32,485$24,762$18,631$13,862$10,216$8,213
26 years$30,902$23,272$17,279$12,674$9,202$7,319
27 years$29,439$21,902$16,045$11,601$8,297$6,527
28 years$28,083$20,638$14,916$10,629$7,486$5,825
29 years$26,822$19,470$13,881$9,747$6,760$5,201
30 years$25,648$18,387$12,930$8,945$6,108$4,647
31 years$24,552$17,382$12,054$8,216$5,522$4,154
32 years$23,526$16,447$11,246$7,550$4,995$3,715
33 years$22,565$15,575$10,501$6,943$4,521$3,324
34 years$21,662$14,762$9,811$6,388$4,093$2,975
35 years$20,812$14,001$9,173$5,881$3,707$2,664
36 years$20,012$13,289$8,581$5,416$3,359$2,385
37 years$19,256$12,622$8,032$4,990$3,044$2,137
38 years$18,542$11,995$7,521$4,600$2,760$1,914
39 years$17,867$11,406$7,047$4,241$2,503$1,715
40 years$17,226$10,852$6,605$3,912$2,270$1,537
41 years$16,619$10,330$6,193$3,609$2,060$1,378
42 years$16,042$9,838$5,810$3,331$1,869$1,236
43 years$15,493$9,374$5,451$3,075$1,696$1,108
44 years$14,971$8,935$5,117$2,839$1,540$994
45 years$14,473$8,520$4,805$2,622$1,398$891
46 years$13,998$8,128$4,513$2,422$1,269$799
47 years$13,545$7,757$4,240$2,237$1,152$717
48 years$13,112$7,405$3,984$2,068$1,046$643
49 years$12,698$7,071$3,745$1,911$950$577
50 years$12,302$6,755$3,521$1,766$863$518

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,600,000, adding $2,567 every year, while hoping to spend $39,482 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: 21/49/30 Blend
44$12,600,000$12,600,000$12,600,000$12,600,000
45$13,887,848$13,220,048$13,024,748$14,047,339
46$15,262,400$13,825,822$13,419,068$14,801,548
47$16,775,833$14,459,955$13,825,275$15,603,755
48$18,442,271$15,123,796$14,243,725$16,460,440
49$20,277,278$15,818,757$14,674,785$17,376,042
50$22,298,003$16,546,320$15,118,834$18,355,410
51$24,523,344$17,308,034$15,576,260$19,403,836
52$26,974,125$18,105,528$16,047,464$20,527,098
53$29,673,292$18,940,504$16,532,860$21,731,511
54$32,646,129$19,814,751$17,032,872$23,023,976
55$35,920,500$20,730,139$17,547,939$24,412,041
56$39,527,108$21,688,632$18,078,512$25,903,958
57$43,499,785$22,692,287$18,625,054$27,508,759
58$47,875,814$23,743,260$19,188,044$29,236,328
59$52,696,277$24,843,811$19,767,974$31,097,488
60$58,006,448$25,996,308$20,365,352$33,104,090
61$63,856,214$27,203,235$20,980,699$35,269,117
62$70,300,548$28,467,194$21,614,553$37,606,795
63$77,400,031$29,790,914$22,267,467$40,132,720
64$85,221,419$31,177,253$22,940,013$42,863,985
65$93,838,277$32,629,212$23,632,776$45,819,339
66$103,331,668$34,149,930$24,346,361$49,019,343
67$113,790,925$35,742,703$25,081,391$52,486,558
68$125,314,488$37,410,984$25,838,506$56,245,739
69$138,010,836$39,158,393$26,618,366$60,324,054
70$151,999,512$40,988,724$27,421,652$64,751,331
71$167,412,246$42,905,957$28,249,062$69,560,315
72$184,394,207$44,914,260$29,101,317$74,786,969
73$203,105,363$47,018,006$29,979,158$80,470,791
74$223,722,001$49,221,778$30,883,350$86,655,169
75$246,438,382$51,530,382$31,814,679$93,387,773
76$271,468,581$53,948,855$32,773,955$100,720,984
77$299,048,505$56,482,478$33,762,011$108,712,371
78$329,438,120$59,136,787$34,779,707$117,425,206
79$362,923,906$61,917,588$35,827,925$126,929,043
80$399,821,560$64,830,965$36,907,576$137,300,354
81$440,478,976$67,883,299$38,019,597$148,623,216
82$485,279,531$71,081,280$39,164,952$160,990,089
83$534,645,701$74,431,920$40,344,636$174,502,656
84$589,043,051$77,942,573$41,559,670$189,272,754
85$648,984,631$81,620,948$42,811,107$205,423,403
86$715,035,816$85,475,127$44,100,032$223,089,932
87$787,819,647$89,513,587$45,427,561$242,421,229
88$868,022,710$93,745,211$46,794,843$263,581,106
89$956,401,617$98,179,316$48,203,061$286,749,815
90$1,053,790,150$102,825,672$49,653,432$312,125,709
91$1,161,107,135$107,694,519$51,147,211$339,927,076
92$1,279,365,110$112,796,597$52,685,690$370,394,157
93$1,409,679,886$118,143,166$54,270,196$403,791,374
94$1,553,281,086$123,746,032$55,902,098$440,409,780
95$1,711,523,744$129,617,575$57,582,806$480,569,756
96$1,885,901,104$135,770,775$59,313,769$524,623,992
97$2,078,058,717$142,219,243$61,096,480$572,960,760
98$2,289,809,971$148,977,250$62,932,477$626,007,526
99$2,523,153,214$156,059,762$64,823,341$684,234,932
100$2,780,290,621$163,482,469$66,770,702$748,161,176