Can I retire at age 45 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,014,878
2 years$531,449$521,552$511,959$502,659$493,637$471,817
3 years$350,780$340,840$331,272$322,058$313,184$291,984
4 years$260,463$250,553$241,081$232,025$223,365$202,949
5 years$206,287$196,437$187,089$178,217$169,799$150,224
6 years$170,182$160,405$151,195$142,522$134,356$115,644
7 years$144,402$134,708$125,644$117,175$109,267$91,422
8 years$125,077$115,470$106,556$98,295$90,648$73,663
9 years$110,053$100,537$91,777$83,726$76,339$60,203
10 years$98,042$88,619$80,013$72,172$65,044$49,741
11 years$88,220$78,892$70,442$62,812$55,940$41,451
12 years$80,042$70,809$62,516$55,094$48,477$34,779
13 years$73,127$63,991$55,854$48,640$42,273$29,342
14 years$67,205$58,166$50,185$43,177$37,056$24,868
15 years$62,077$53,136$45,310$38,506$32,627$21,155
16 years$57,595$48,751$41,080$34,478$28,836$18,053
17 years$53,644$44,898$37,381$30,978$25,568$15,446
18 years$50,136$41,488$34,124$27,918$22,734$13,244
19 years$47,001$38,450$31,239$25,226$20,263$11,378
20 years$44,183$35,730$28,670$22,847$18,099$9,790
21 years$41,637$33,281$26,371$20,735$16,197$8,435
22 years$39,325$31,067$24,305$18,853$14,518$7,276
23 years$37,217$29,056$22,441$17,170$13,032$6,282
24 years$35,288$27,224$20,754$15,660$11,714$5,429
25 years$33,516$25,548$19,223$14,302$10,541$4,695
26 years$31,883$24,011$17,828$13,077$9,495$4,063
27 years$30,373$22,597$16,555$11,969$8,560$3,517
28 years$28,974$21,293$15,390$10,966$7,724$3,047
29 years$27,674$20,088$14,322$10,056$6,975$2,640
30 years$26,462$18,971$13,340$9,229$6,302$2,289
31 years$25,331$17,934$12,436$8,476$5,698$1,984
32 years$24,273$16,969$11,603$7,790$5,154$1,721
33 years$23,281$16,070$10,834$7,164$4,664$1,493
34 years$22,349$15,230$10,123$6,591$4,223$1,296
35 years$21,473$14,446$9,464$6,067$3,825$1,124
36 years$20,647$13,711$8,853$5,588$3,466$976
37 years$19,868$13,022$8,287$5,149$3,141$847
38 years$19,131$12,376$7,760$4,746$2,848$736
39 years$18,434$11,768$7,270$4,376$2,582$639
40 years$17,773$11,197$6,815$4,036$2,342$555
41 years$17,146$10,658$6,390$3,724$2,125$482
42 years$16,551$10,150$5,994$3,436$1,928$418
43 years$15,985$9,671$5,624$3,172$1,750$363
44 years$15,446$9,219$5,280$2,929$1,588$315
45 years$14,932$8,791$4,957$2,705$1,442$274
46 years$14,443$8,386$4,656$2,499$1,309$238
47 years$13,975$8,003$4,374$2,309$1,189$207
48 years$13,528$7,640$4,111$2,133$1,080$180
49 years$13,101$7,296$3,864$1,971$981$156
50 years$12,693$6,969$3,632$1,822$891$136

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,000,000, adding $3,207 every year, while hoping to spend $36,397 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: 71/19/10 Blend
44$13,000,000$13,000,000$13,000,000$13,000,000
45$14,329,308$13,640,308$13,438,808$15,318,806
46$15,752,171$14,269,957$13,850,282$16,603,680
47$17,318,947$14,929,239$14,274,320$18,004,887
48$19,044,275$15,619,567$14,711,306$19,537,677
49$20,944,289$16,342,424$15,161,632$21,215,010
50$23,036,765$17,099,362$15,625,706$23,051,146
51$25,341,293$17,892,008$16,103,945$25,061,781
52$27,879,459$18,722,070$16,596,781$27,264,188
53$30,675,048$19,591,336$17,104,657$29,677,380
54$33,754,271$20,501,680$17,628,031$32,322,286
55$37,146,012$21,455,067$18,167,376$35,221,946
56$40,882,097$22,453,558$18,723,175$38,401,722
57$44,997,600$23,499,311$19,295,930$41,889,539
58$49,531,168$24,594,590$19,886,157$45,716,139
59$54,525,391$25,741,768$20,494,387$49,915,374
60$60,027,198$26,943,333$21,121,166$54,524,515
61$66,088,307$28,201,890$21,767,060$59,584,604
62$72,765,706$29,520,175$22,432,648$65,140,836
63$80,122,197$30,901,052$23,118,530$71,242,980
64$88,226,982$32,347,525$23,825,323$77,945,846
65$97,156,324$33,862,743$24,553,661$85,309,795
66$106,994,260$35,450,009$25,304,199$93,401,305
67$117,833,397$37,112,781$26,077,612$102,293,595
68$129,775,786$38,854,690$26,874,595$112,067,307
69$142,933,885$40,679,539$27,695,863$122,811,261
70$157,431,621$42,591,316$28,542,154$134,623,292
71$173,405,558$44,594,203$29,414,228$147,611,162
72$191,006,188$46,692,582$30,312,868$161,893,575
73$210,399,350$48,891,049$31,238,879$177,601,285
74$231,767,797$51,194,423$32,193,095$194,878,328
75$255,312,917$53,607,755$33,176,369$213,883,371
76$281,256,642$56,136,342$34,189,584$234,791,204
77$309,843,533$58,785,737$35,233,649$257,794,378
78$341,343,097$61,561,761$36,309,499$283,105,016
79$376,052,325$64,470,520$37,418,100$310,956,809
80$414,298,500$67,518,413$38,560,444$341,607,207
81$456,442,283$70,712,151$39,737,555$375,339,842
82$502,881,120$74,058,771$40,950,487$412,467,195
83$554,052,992$77,565,649$42,200,326$453,333,535
84$610,440,553$81,240,521$43,488,193$498,318,157
85$672,575,680$85,091,498$44,815,238$547,838,949
86$741,044,502$89,127,083$46,182,651$602,356,327
87$816,492,926$93,356,195$47,591,654$662,377,566
88$899,632,738$97,788,182$49,043,509$728,461,577
89$991,248,323$102,432,849$50,539,512$801,224,166
90$1,092,204,069$107,300,476$52,081,003$881,343,834
91$1,203,452,527$112,401,841$53,669,359$969,568,168
92$1,326,043,401$117,748,248$55,305,999$1,066,720,878
93$1,461,133,465$123,351,549$56,992,387$1,173,709,560
94$1,609,997,474$129,224,171$58,730,028$1,291,534,242
95$1,774,040,207$135,379,146$60,520,474$1,421,296,807
96$1,954,809,723$141,830,139$62,365,325$1,564,211,379
97$2,154,011,978$148,591,479$64,266,227$1,721,615,758
98$2,373,526,930$155,678,192$66,224,876$1,894,984,031
99$2,615,426,289$163,106,035$68,243,020$2,085,940,466
100$2,881,993,069$170,891,530$70,322,461$2,296,274,820