Can I retire at age 45 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,068,218
2 years$560,066$549,635$539,526$529,725$520,218$495,923
3 years$369,668$359,193$349,109$339,400$330,048$306,456
4 years$274,488$264,045$254,062$244,518$235,393$212,686
5 years$217,395$207,014$197,163$187,814$178,942$157,184
6 years$179,346$169,043$159,337$150,196$141,591$120,804
7 years$152,178$141,962$132,410$123,484$115,151$95,340
8 years$131,811$121,687$112,294$103,588$95,529$76,686
9 years$115,979$105,951$96,719$88,234$80,449$62,560
10 years$103,321$93,390$84,321$76,059$68,547$51,593
11 years$92,971$83,140$74,235$66,194$58,952$42,912
12 years$84,352$74,622$65,882$58,061$51,087$35,935
13 years$77,065$67,437$58,861$51,259$44,549$30,257
14 years$70,824$61,298$52,887$45,502$39,051$25,591
15 years$65,420$55,997$47,750$40,580$34,384$21,725
16 years$60,696$51,376$43,292$36,335$30,388$18,500
17 years$56,533$47,315$39,394$32,647$26,945$15,794
18 years$52,836$43,721$35,962$29,421$23,958$13,513
19 years$49,532$40,521$32,921$26,584$21,354$11,583
20 years$46,562$37,654$30,214$24,077$19,074$9,944
21 years$43,878$35,073$27,791$21,852$17,069$8,548
22 years$41,442$32,739$25,613$19,868$15,300$7,356
23 years$39,221$30,620$23,649$18,094$13,734$6,337
24 years$37,188$28,689$21,872$16,503$12,345$5,463
25 years$35,321$26,924$20,258$15,072$11,108$4,713
26 years$33,600$25,304$18,788$13,781$10,006$4,069
27 years$32,009$23,814$17,446$12,614$9,021$3,514
28 years$30,534$22,440$16,219$11,557$8,140$3,036
29 years$29,164$21,169$15,093$10,598$7,350$2,625
30 years$27,887$19,992$14,058$9,726$6,641$2,270
31 years$26,695$18,899$13,106$8,933$6,004$1,963
32 years$25,580$17,882$12,228$8,210$5,431$1,698
33 years$24,535$16,935$11,418$7,549$4,915$1,470
34 years$23,553$16,051$10,668$6,946$4,450$1,272
35 years$22,629$15,224$9,974$6,394$4,031$1,101
36 years$21,759$14,449$9,330$5,889$3,652$953
37 years$20,937$13,724$8,733$5,426$3,310$826
38 years$20,161$13,042$8,178$5,001$3,001$715
39 years$19,426$12,402$7,662$4,611$2,721$619
40 years$18,730$11,800$7,182$4,253$2,468$536
41 years$18,070$11,232$6,734$3,924$2,239$464
42 years$17,442$10,697$6,317$3,622$2,032$402
43 years$16,845$10,192$5,927$3,343$1,844$349
44 years$16,278$9,715$5,564$3,087$1,674$302
45 years$15,736$9,264$5,224$2,851$1,520$262
46 years$15,220$8,838$4,907$2,633$1,380$227
47 years$14,728$8,434$4,610$2,433$1,253$196
48 years$14,257$8,051$4,332$2,248$1,138$170
49 years$13,807$7,689$4,072$2,078$1,033$147
50 years$13,376$7,344$3,828$1,920$939$128

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,700,000, adding $6,066 every year, while hoping to spend $56,145 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: 57/27/16 Blend
44$13,700,000$13,700,000$13,700,000$13,700,000
45$15,103,657$14,377,557$14,165,207$15,901,245
46$16,584,492$15,022,320$14,580,004$17,087,688
47$18,214,491$15,696,794$15,006,814$18,373,308
48$20,008,808$16,402,376$15,445,982$19,773,002
49$21,984,144$17,140,530$15,897,860$21,297,733
50$24,158,899$17,912,787$16,362,810$22,959,553
51$26,553,348$18,720,756$16,841,206$24,771,714
52$29,189,834$19,566,117$17,333,430$26,748,791
53$32,092,975$20,450,635$17,839,878$28,906,812
54$35,289,898$21,376,156$18,360,954$31,263,407
55$38,810,496$22,344,615$18,897,074$33,837,970
56$42,687,707$23,358,042$19,448,666$36,651,836
57$46,957,827$24,418,560$20,016,171$39,728,480
58$51,660,853$25,528,398$20,600,040$43,093,729
59$56,840,858$26,689,887$21,200,739$46,776,007
60$62,546,407$27,905,472$21,818,745$50,806,591
61$68,831,017$29,177,717$22,454,550$55,219,903
62$75,753,660$30,509,305$23,108,657$60,053,831
63$83,379,323$31,903,050$23,781,587$65,350,078
64$91,779,615$33,361,901$24,473,871$71,154,549
65$101,033,449$34,888,947$25,186,058$77,517,776
66$111,227,781$36,487,426$25,918,712$84,495,393
67$122,458,436$38,160,731$26,672,410$92,148,647
68$134,831,008$39,912,419$27,447,748$100,544,972
69$148,461,861$41,746,217$28,245,337$109,758,617
70$163,479,219$43,666,030$29,065,804$119,871,337
71$180,024,388$45,675,954$29,909,797$130,973,156
72$198,253,077$47,780,277$30,777,977$143,163,209
73$218,336,879$49,983,498$31,671,027$156,550,664
74$240,464,880$52,290,330$32,589,646$171,255,747
75$264,845,453$54,705,712$33,534,555$187,410,863
76$291,708,220$57,234,822$34,506,492$205,161,836
77$321,306,217$59,883,087$35,506,219$224,669,270
78$353,918,288$62,656,195$36,534,514$246,110,061
79$389,851,714$65,560,109$37,592,181$269,679,044
80$429,445,113$68,601,078$38,680,043$295,590,826
81$473,071,637$71,785,654$39,798,947$324,081,794
82$521,142,495$75,120,701$40,949,762$355,412,335
83$574,110,833$78,613,419$42,133,383$389,869,274
84$632,476,013$82,271,352$43,350,727$427,768,569
85$696,788,327$86,102,409$44,602,737$469,458,278
86$767,654,190$90,114,880$45,890,381$515,321,822
87$845,741,864$94,317,456$47,214,656$565,781,590
88$931,787,769$98,719,247$48,576,583$621,302,908
89$1,026,603,435$103,329,803$49,977,211$682,398,407
90$1,131,083,158$108,159,136$51,417,620$749,632,846
91$1,246,212,447$113,217,741$52,898,917$823,628,419
92$1,373,077,325$118,516,619$54,422,240$905,070,605
93$1,512,874,585$124,067,306$55,988,758$994,714,617
94$1,666,923,081$129,881,892$57,599,670$1,093,392,505
95$1,836,676,185$135,973,055$59,256,209$1,202,020,985
96$2,023,735,505$142,354,084$60,959,641$1,321,610,065
97$2,229,866,004$149,038,911$62,711,266$1,453,272,549
98$2,457,012,662$156,042,144$64,512,419$1,598,234,518
99$2,707,318,840$163,379,095$66,364,471$1,757,846,864
100$2,983,146,510$171,065,819$68,268,829$1,933,598,020