Can I retire at age 45 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,052,554
2 years$543,714$533,587$523,774$514,258$505,029$496,957
3 years$358,875$348,705$338,916$329,490$320,411$312,523
4 years$266,474$256,335$246,644$237,379$228,520$220,877
5 years$211,048$200,970$191,406$182,330$173,717$166,342
6 years$174,109$164,107$154,685$145,811$137,456$130,358
7 years$147,735$137,817$128,544$119,879$111,789$104,971
8 years$127,963$118,135$109,015$100,564$92,740$86,202
9 years$112,593$102,857$93,895$85,658$78,100$71,841
10 years$100,304$90,664$81,860$73,838$66,545$60,562
11 years$90,256$80,713$72,068$64,261$57,231$51,518
12 years$81,889$72,443$63,958$56,366$49,595$44,148
13 years$74,814$65,468$57,143$49,762$43,248$38,060
14 years$68,756$59,508$51,343$44,173$37,911$32,977
15 years$63,510$54,362$46,356$39,395$33,380$28,692
16 years$58,924$49,876$42,028$35,274$29,501$25,053
17 years$54,882$45,934$38,244$31,693$26,158$21,942
18 years$51,293$42,445$34,912$28,562$23,258$19,266
19 years$48,086$39,338$31,960$25,808$20,731$16,955
20 years$45,202$36,554$29,331$23,374$18,517$14,950
21 years$42,597$34,049$26,979$21,214$16,571$13,205
22 years$40,232$31,783$24,866$19,288$14,853$11,680
23 years$38,076$29,726$22,959$17,566$13,333$10,344
24 years$36,102$27,852$21,233$16,021$11,984$9,172
25 years$34,289$26,137$19,666$14,632$10,784$8,141
26 years$32,619$24,565$18,239$13,378$9,714$7,231
27 years$31,074$23,119$16,937$12,246$8,758$6,429
28 years$29,643$21,784$15,745$11,220$7,902$5,719
29 years$28,312$20,551$14,652$10,289$7,136$5,090
30 years$27,073$19,408$13,648$9,442$6,447$4,534
31 years$25,916$18,347$12,723$8,672$5,829$4,040
32 years$24,833$17,360$11,871$7,970$5,273$3,601
33 years$23,818$16,441$11,084$7,329$4,772$3,211
34 years$22,865$15,582$10,356$6,743$4,320$2,864
35 years$21,968$14,779$9,683$6,208$3,913$2,556
36 years$21,123$14,028$9,058$5,717$3,546$2,281
37 years$20,326$13,323$8,478$5,267$3,213$2,036
38 years$19,572$12,662$7,939$4,855$2,913$1,818
39 years$18,859$12,040$7,438$4,477$2,642$1,624
40 years$18,183$11,455$6,972$4,129$2,396$1,450
41 years$17,542$10,904$6,537$3,810$2,174$1,296
42 years$16,933$10,385$6,132$3,516$1,973$1,158
43 years$16,354$9,895$5,754$3,245$1,790$1,035
44 years$15,802$9,432$5,401$2,997$1,625$925
45 years$15,277$8,994$5,072$2,768$1,475$826
46 years$14,776$8,580$4,764$2,556$1,339$739
47 years$14,298$8,188$4,475$2,362$1,216$660
48 years$13,841$7,816$4,205$2,182$1,105$590
49 years$13,404$7,464$3,953$2,017$1,003$528
50 years$12,985$7,130$3,716$1,864$911$472

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,300,000, adding $6,366 every year, while hoping to spend $31,247 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: 85/5/10 Blend
44$13,300,000$13,300,000$13,300,000$13,300,000
45$14,663,167$13,958,267$13,752,117$15,887,773
46$16,125,563$14,608,975$14,179,566$17,339,589
47$17,736,077$15,290,521$14,620,287$18,929,550
48$19,509,782$16,004,382$15,074,693$20,675,485
49$21,463,292$16,752,109$15,543,207$22,593,079
50$23,614,910$17,535,324$16,026,267$24,699,610
51$25,984,807$18,355,732$16,524,323$27,014,107
52$28,595,211$19,215,116$17,037,842$29,557,532
53$31,470,615$20,115,349$17,567,302$32,352,977
54$34,638,009$21,058,393$18,113,197$35,425,876
55$38,127,135$22,046,303$18,676,038$38,804,250
56$41,970,767$23,081,236$19,256,350$42,518,965
57$46,205,021$24,165,453$19,854,674$46,604,028
58$50,869,697$25,301,323$20,471,569$51,096,898
59$56,008,650$26,491,332$21,107,610$56,038,846
60$61,670,208$27,738,084$21,763,392$61,475,341
61$67,907,629$29,044,310$22,439,525$67,456,472
62$74,779,600$30,412,873$23,136,642$74,037,430
63$82,350,791$31,846,776$23,855,391$81,279,015
64$90,692,470$33,349,166$24,596,445$89,248,217
65$99,883,169$34,923,343$25,360,493$98,018,844
66$110,009,432$36,572,766$26,148,249$107,672,216
67$121,166,626$38,301,064$26,960,448$118,297,930
68$133,459,846$40,112,040$27,797,846$129,994,706
69$147,004,902$42,009,681$28,661,226$142,871,313
70$161,929,416$43,998,170$29,551,392$157,047,598
71$178,374,027$46,081,890$30,469,173$172,655,612
72$196,493,713$48,265,439$31,415,426$189,840,856
73$216,459,262$50,553,636$32,391,033$208,763,647
74$238,458,878$52,951,535$33,396,904$229,600,638
75$262,699,958$55,464,435$34,433,975$252,546,472
76$289,411,055$58,097,893$35,503,214$277,815,624
77$318,844,028$60,857,735$36,605,617$305,644,423
78$351,276,425$63,750,070$37,742,211$336,293,273
79$387,014,101$66,781,305$38,914,056$370,049,114
80$426,394,106$69,958,155$40,122,244$407,228,126
81$469,787,865$73,287,665$41,367,899$448,178,709
82$517,604,687$76,777,220$42,652,183$493,284,771
83$570,295,626$80,434,565$43,976,293$542,969,344
84$628,357,742$84,267,820$45,341,460$597,698,577
85$692,338,790$88,285,502$46,748,958$657,986,132
86$762,842,394$92,496,540$48,200,096$724,398,027
87$840,533,746$96,910,297$49,696,226$797,557,978
88$926,145,880$101,536,594$51,238,742$878,153,278
89$1,020,486,599$106,385,727$52,829,079$966,941,284
90$1,124,446,098$111,468,492$54,468,719$1,064,756,562
91$1,239,005,366$116,796,215$56,159,187$1,172,518,756
92$1,365,245,451$122,380,767$57,902,057$1,291,241,270
93$1,504,357,663$128,234,601$59,698,952$1,422,040,825
94$1,657,654,822$134,370,773$61,551,544$1,566,147,998
95$1,826,583,650$140,802,978$63,461,558$1,724,918,830
96$2,012,738,432$147,545,573$65,430,769$1,899,847,624
97$2,217,876,064$154,613,619$67,461,012$2,092,581,045
98$2,443,932,641$162,022,905$69,554,175$2,304,933,658
99$2,693,041,736$169,789,992$71,712,205$2,538,905,049
100$2,967,554,539$177,932,248$73,937,110$2,796,698,698