Can I retire at age 45 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,018,485
2 years$539,626$529,576$519,835$510,392$501,232$467,195
3 years$356,177$346,083$336,368$327,013$318,002$285,098
4 years$264,470$254,408$244,790$235,594$226,802$195,283
5 years$209,461$199,459$189,967$180,959$172,411$142,362
6 years$172,800$162,873$153,521$144,714$136,423$107,868
7 years$146,624$136,781$127,577$118,978$110,948$83,884
8 years$127,001$117,246$108,195$99,807$92,042$66,450
9 years$111,746$102,084$93,189$85,014$77,513$53,363
10 years$99,550$89,982$81,244$73,283$66,045$43,301
11 years$89,578$80,106$71,526$63,778$56,801$35,419
12 years$81,273$71,899$63,477$55,942$49,222$29,157
13 years$74,252$64,975$56,713$49,388$42,923$24,124
14 years$68,239$59,061$50,957$43,841$37,626$20,042
15 years$63,032$53,953$46,007$39,099$33,129$16,706
16 years$58,481$49,501$41,712$35,009$29,279$13,964
17 years$54,469$45,589$37,956$31,455$25,961$11,698
18 years$50,907$42,126$34,649$28,347$23,083$9,818
19 years$47,724$39,042$31,720$25,614$20,575$8,253
20 years$44,863$36,280$29,111$23,199$18,378$6,946
21 years$42,277$33,793$26,776$21,054$16,446$5,853
22 years$39,930$31,544$24,679$19,143$14,742$4,936
23 years$37,790$29,503$22,786$17,434$13,233$4,166
24 years$35,831$27,642$21,073$15,901$11,894$3,518
25 years$34,032$25,941$19,518$14,522$10,703$2,973
26 years$32,373$24,380$18,102$13,278$9,641$2,513
27 years$30,841$22,945$16,809$12,153$8,692$2,125
28 years$29,420$21,621$15,627$11,135$7,843$1,798
29 years$28,100$20,397$14,542$10,211$7,082$1,521
30 years$26,869$19,262$13,545$9,371$6,399$1,288
31 years$25,721$18,209$12,628$8,607$5,785$1,090
32 years$24,647$17,230$11,782$7,910$5,233$923
33 years$23,639$16,317$11,001$7,274$4,736$782
34 years$22,693$15,465$10,279$6,693$4,288$662
35 years$21,803$14,668$9,610$6,161$3,884$561
36 years$20,965$13,922$8,990$5,674$3,519$475
37 years$20,173$13,223$8,414$5,228$3,189$402
38 years$19,425$12,566$7,880$4,819$2,891$341
39 years$18,717$11,949$7,382$4,443$2,622$289
40 years$18,046$11,369$6,919$4,098$2,378$245
41 years$17,410$10,822$6,488$3,781$2,158$207
42 years$16,806$10,307$6,086$3,489$1,958$176
43 years$16,231$9,820$5,711$3,221$1,777$149
44 years$15,683$9,361$5,361$2,974$1,613$126
45 years$15,162$8,926$5,034$2,747$1,464$107
46 years$14,665$8,515$4,728$2,537$1,329$91
47 years$14,190$8,126$4,442$2,344$1,207$77
48 years$13,737$7,757$4,174$2,166$1,096$65
49 years$13,303$7,408$3,923$2,002$996$55
50 years$12,888$7,076$3,688$1,850$904$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,200,000, adding $5,272 every year, while hoping to spend $58,184 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: 60/31/9 Blend
44$13,200,000$13,200,000$13,200,000$13,200,000
45$14,551,838$13,852,238$13,647,638$15,395,288
46$15,974,218$14,469,090$14,042,927$16,578,475
47$17,539,731$15,114,218$14,449,507$17,861,354
48$19,262,915$15,788,946$14,867,697$19,259,196
49$21,159,788$16,494,661$15,297,821$20,783,073
50$23,248,003$17,232,815$15,740,214$22,445,160
51$25,547,007$18,004,931$16,195,219$24,258,844
52$28,078,233$18,812,604$16,663,190$26,238,846
53$30,865,295$19,657,504$17,144,489$28,401,359
54$33,934,215$20,541,381$17,639,489$30,764,192
55$37,313,665$21,466,069$18,148,572$33,346,934
56$41,035,240$22,433,488$18,672,132$36,171,139
57$45,133,758$23,445,652$19,210,571$39,260,518
58$49,647,581$24,504,669$19,764,305$42,641,163
59$54,618,985$25,612,749$20,333,760$46,341,784
60$60,094,554$26,772,206$20,919,373$50,393,977
61$66,125,621$27,985,466$21,521,594$54,832,513
62$72,768,751$29,255,070$22,140,884$59,695,663
63$80,086,277$30,583,682$22,777,717$65,025,552
64$88,146,887$31,974,092$23,432,581$70,868,549
65$97,026,271$33,429,225$24,105,974$77,275,698
66$106,807,837$34,952,143$24,798,410$84,303,194
67$117,583,497$36,546,058$25,510,417$92,012,901
68$129,454,533$38,214,335$26,242,536$100,472,932
69$142,532,557$39,960,500$26,995,323$109,758,284
70$156,940,561$41,788,246$27,769,349$119,951,532
71$172,814,075$43,701,448$28,565,199$131,143,606
72$190,302,453$45,704,162$29,383,476$143,434,633
73$209,570,279$47,800,641$30,224,798$156,934,875
74$230,798,917$49,995,342$31,089,799$171,765,762
75$254,188,230$52,292,936$31,979,130$188,061,020
76$279,958,458$54,698,319$32,893,460$205,967,928
77$308,352,305$57,216,622$33,833,475$225,648,695
78$339,637,225$59,853,220$34,799,881$247,281,975
79$374,107,945$62,613,751$35,793,400$271,064,542
80$412,089,252$65,504,122$36,814,775$297,213,136
81$453,939,055$68,530,523$37,864,769$325,966,490
82$500,051,763$71,699,443$38,944,164$357,587,572
83$550,862,012$75,017,685$40,053,762$392,366,050
84$606,848,763$78,492,377$41,194,389$430,621,008
85$668,539,825$82,130,992$42,366,890$472,703,943
86$736,516,839$85,941,362$43,572,132$519,002,064
87$811,420,766$89,931,699$44,811,008$569,941,927
88$893,957,939$94,110,606$46,084,431$625,993,445
89$984,906,729$98,487,107$47,393,340$687,674,297
90$1,085,124,896$103,070,655$48,738,698$755,554,799
91$1,195,557,683$107,871,165$50,121,492$830,263,262
92$1,317,246,740$112,899,026$51,542,736$912,491,899
93$1,451,339,960$118,165,131$53,003,470$1,003,003,336
94$1,599,102,311$123,680,897$54,504,761$1,102,637,782
95$1,761,927,781$129,458,295$56,047,705$1,212,320,938
96$1,941,352,535$135,509,872$57,633,423$1,333,072,701
97$2,139,069,420$141,848,782$59,263,069$1,466,016,767
98$2,356,943,943$148,488,815$60,937,824$1,612,391,204
99$2,597,031,885$155,444,427$62,658,901$1,773,560,110
100$2,861,598,706$162,730,773$64,427,544$1,951,026,450