Can I retire at age 45 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$990,398
2 years$523,273$513,528$504,083$494,925$486,043$455,774
3 years$345,384$335,596$326,175$317,104$308,366$279,070
4 years$256,456$246,699$237,372$228,455$219,929$191,830
5 years$203,114$193,415$184,210$175,476$167,186$140,361
6 years$167,564$157,938$148,869$140,329$132,289$106,761
7 years$142,181$132,636$123,711$115,372$107,586$83,355
8 years$123,152$113,693$104,917$96,783$89,253$66,304
9 years$108,360$98,991$90,365$82,438$75,164$53,473
10 years$96,533$87,255$78,782$71,062$64,044$43,581
11 years$86,863$77,678$69,359$61,845$55,080$35,810
12 years$78,810$69,720$61,554$54,247$47,731$29,616
13 years$72,002$63,006$54,994$47,892$41,622$24,620
14 years$66,171$57,271$49,413$42,513$36,486$20,553
15 years$61,122$52,318$44,613$37,914$32,125$17,218
16 years$56,709$48,001$40,448$33,948$28,392$14,464
17 years$52,819$44,207$36,806$30,502$25,174$12,179
18 years$49,365$40,849$33,599$27,488$22,384$10,275
19 years$46,278$37,859$30,759$24,838$19,951$8,683
20 years$43,503$35,180$28,229$22,496$17,821$7,347
21 years$40,996$32,769$25,965$20,416$15,948$6,224
22 years$38,720$30,589$23,931$18,563$14,295$5,278
23 years$36,645$28,609$22,096$16,906$12,832$4,479
24 years$34,745$26,805$20,435$15,419$11,534$3,804
25 years$33,000$25,155$18,927$14,082$10,378$3,232
26 years$31,392$23,642$17,554$12,875$9,349$2,748
27 years$29,906$22,249$16,300$11,785$8,428$2,337
28 years$28,528$20,966$15,153$10,798$7,605$1,988
29 years$27,248$19,779$14,101$9,902$6,867$1,692
30 years$26,055$18,679$13,135$9,087$6,205$1,441
31 years$24,942$17,658$12,245$8,346$5,610$1,227
32 years$23,900$16,708$11,425$7,670$5,075$1,045
33 years$22,923$15,822$10,668$7,053$4,592$890
34 years$22,006$14,996$9,967$6,490$4,158$758
35 years$21,143$14,224$9,319$5,974$3,766$646
36 years$20,329$13,500$8,717$5,502$3,412$550
37 years$19,562$12,822$8,159$5,069$3,093$469
38 years$18,837$12,186$7,641$4,673$2,804$400
39 years$18,150$11,587$7,159$4,308$2,543$340
40 years$17,500$11,024$6,710$3,974$2,306$290
41 years$16,882$10,494$6,292$3,666$2,092$247
42 years$16,296$9,994$5,902$3,384$1,898$211
43 years$15,739$9,523$5,538$3,123$1,723$180
44 years$15,208$9,077$5,198$2,884$1,564$153
45 years$14,703$8,656$4,881$2,663$1,420$131
46 years$14,220$8,257$4,584$2,460$1,289$111
47 years$13,760$7,880$4,307$2,273$1,171$95
48 years$13,320$7,522$4,047$2,100$1,063$81
49 years$12,900$7,184$3,804$1,941$965$69
50 years$12,497$6,862$3,577$1,794$877$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $12,800,000, adding $3,574 every year, while hoping to spend $56,718 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: 59/16/25 Blend
44$12,800,000$12,800,000$12,800,000$12,800,000
45$14,109,287$13,430,887$13,232,487$14,846,478
46$15,488,086$14,028,653$13,615,427$15,947,109
47$17,005,623$14,653,808$14,009,296$17,140,618
48$18,675,987$15,307,635$14,414,398$18,441,212
49$20,514,706$15,991,478$14,831,048$19,859,293
50$22,538,887$16,706,742$15,259,570$21,406,304
51$24,767,384$17,454,902$15,700,296$23,094,836
52$27,220,967$18,237,502$16,153,566$24,938,741
53$29,922,526$19,056,160$16,619,730$26,953,265
54$32,897,282$19,912,570$17,099,150$29,155,182
55$36,173,027$20,808,508$17,592,193$31,562,956
56$39,780,384$21,745,834$18,099,241$34,196,909
57$43,753,101$22,726,497$18,620,682$37,079,410
58$48,128,360$23,752,539$19,156,918$40,235,081
59$52,947,138$24,826,098$19,708,360$43,691,030
60$58,254,586$25,949,417$20,275,430$47,477,098
61$64,100,460$27,124,844$20,858,563$51,626,143
62$70,539,585$28,354,840$21,458,204$56,174,340
63$77,632,379$29,641,984$22,074,810$61,161,521
64$85,445,418$30,988,977$22,708,852$66,631,548
65$94,052,064$32,398,650$23,360,812$72,632,721
66$103,533,161$33,873,971$24,031,186$79,218,228
67$113,977,795$35,418,047$24,720,482$86,446,645
68$125,484,137$37,034,138$25,429,225$94,382,483
69$138,160,364$38,725,656$26,157,949$103,096,788
70$152,125,686$40,496,178$26,907,206$112,667,811
71$167,511,471$42,349,455$27,677,561$123,181,741
72$184,462,477$44,289,415$28,469,596$134,733,506
73$203,138,229$46,320,175$29,283,906$147,427,672
74$223,714,515$48,446,051$30,121,104$161,379,415
75$246,385,052$50,671,564$30,981,818$176,715,609
76$271,363,312$53,001,455$31,866,693$193,576,009
77$298,884,534$55,440,691$32,776,392$212,114,570
78$329,207,949$57,994,477$33,711,593$232,500,888
79$362,619,223$60,668,270$34,672,995$254,921,794
80$399,433,158$63,467,789$35,661,315$279,583,110
81$439,996,658$66,399,028$36,677,286$306,711,584
82$484,692,005$69,468,269$37,721,664$336,557,018
83$533,940,473$72,682,098$38,795,223$369,394,620
84$588,206,296$76,047,415$39,898,757$405,527,590
85$648,001,055$79,571,455$41,033,082$445,289,975
86$713,888,507$83,261,801$42,199,036$489,049,806
87$786,489,908$87,126,402$43,397,476$537,212,568
88$866,489,871$91,173,589$44,629,284$590,225,011
89$954,642,837$95,412,094$45,895,364$648,579,355
90$1,051,780,193$99,851,073$47,196,645$712,817,928
91$1,158,818,118$104,500,120$48,534,078$783,538,270
92$1,276,766,236$109,369,297$49,908,640$861,398,759
93$1,406,737,145$114,469,145$51,321,333$947,124,813
94$1,549,956,921$119,810,720$52,773,184$1,041,515,723
95$1,707,776,690$125,405,609$54,265,249$1,145,452,182
96$1,881,685,387$131,265,959$55,798,610$1,259,904,586
97$2,073,323,809$137,404,503$57,374,375$1,385,942,171
98$2,284,500,105$143,834,591$58,993,684$1,524,743,096
99$2,517,206,846$150,570,217$60,657,704$1,677,605,542
100$2,773,639,839$157,626,052$62,367,631$1,845,959,951