Can I retire at age 45 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,087,582
2 years$564,154$553,647$543,464$533,591$524,015$511,082
3 years$372,367$361,815$351,657$341,877$332,457$319,841
4 years$276,492$265,972$255,917$246,303$237,111$224,910
5 years$218,982$208,525$198,602$189,185$180,248$168,497
6 years$180,655$170,277$160,500$151,292$142,624$131,338
7 years$153,289$142,998$133,376$124,386$115,992$105,175
8 years$132,774$122,576$113,113$104,344$96,226$85,878
9 years$116,826$106,724$97,425$88,878$81,036$71,152
10 years$104,075$94,072$84,937$76,614$69,047$59,620
11 years$93,649$83,747$74,777$66,677$59,383$50,405
12 years$84,967$75,167$66,363$58,485$51,460$42,922
13 years$77,627$67,929$59,291$51,633$44,874$36,765
14 years$71,341$61,745$53,273$45,834$39,336$31,645
15 years$65,897$56,405$48,098$40,876$34,635$27,348
16 years$61,139$51,751$43,608$36,600$30,610$23,716
17 years$56,945$47,661$39,682$32,885$27,141$20,626
18 years$53,221$44,041$36,224$29,636$24,133$17,983
19 years$49,893$40,816$33,162$26,779$21,510$15,712
20 years$46,902$37,929$30,434$24,253$19,213$13,753
21 years$44,199$35,329$27,994$22,011$17,194$12,057
22 years$41,745$32,978$25,800$20,013$15,412$10,585
23 years$39,507$30,844$23,822$18,226$13,834$9,304
24 years$37,460$28,899$22,031$16,624$12,435$8,186
25 years$35,579$27,120$20,405$15,182$11,189$7,209
26 years$33,845$25,489$18,925$13,881$10,079$6,354
27 years$32,243$23,988$17,574$12,706$9,087$5,604
28 years$30,757$22,603$16,337$11,641$8,199$4,945
29 years$29,377$21,324$15,203$10,675$7,404$4,366
30 years$28,091$20,138$14,161$9,797$6,690$3,857
31 years$26,890$19,037$13,202$8,998$6,048$3,409
32 years$25,767$18,013$12,318$8,269$5,471$3,014
33 years$24,714$17,059$11,501$7,604$4,951$2,665
34 years$23,725$16,168$10,746$6,997$4,483$2,358
35 years$22,794$15,335$10,047$6,441$4,060$2,086
36 years$21,918$14,555$9,398$5,932$3,679$1,846
37 years$21,090$13,824$8,797$5,465$3,334$1,634
38 years$20,308$13,138$8,238$5,038$3,023$1,447
39 years$19,568$12,493$7,718$4,645$2,741$1,281
40 years$18,867$11,886$7,234$4,284$2,486$1,135
41 years$18,201$11,314$6,783$3,953$2,256$1,005
42 years$17,569$10,775$6,363$3,648$2,047$890
43 years$16,968$10,266$5,971$3,367$1,858$789
44 years$16,396$9,786$5,604$3,109$1,686$699
45 years$15,851$9,332$5,262$2,872$1,531$619
46 years$15,331$8,902$4,943$2,652$1,390$548
47 years$14,835$8,496$4,643$2,451$1,262$486
48 years$14,361$8,110$4,364$2,264$1,146$431
49 years$13,908$7,745$4,101$2,093$1,041$382
50 years$13,474$7,398$3,856$1,934$945$338

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $13,800,000, adding $5,365 every year, while hoping to spend $41,204 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: 27/45/28 Blend
44$13,800,000$13,800,000$13,800,000$13,800,000
45$15,213,134$14,481,734$14,267,834$15,491,118
46$16,721,033$15,147,498$14,701,966$16,382,593
47$18,381,357$15,844,504$15,149,260$17,335,146
48$20,209,609$16,574,238$15,610,114$18,357,042
49$22,222,873$17,338,261$16,084,937$19,454,216
50$24,439,975$18,138,204$16,574,151$20,633,164
51$26,881,658$18,975,782$17,078,191$21,900,992
52$29,570,780$19,852,788$17,597,503$23,265,478
53$32,532,529$20,771,104$18,132,549$24,735,137
54$35,794,660$21,732,701$18,683,803$26,319,297
55$39,387,759$22,739,647$19,251,754$28,028,175
56$43,345,529$23,794,108$19,836,905$29,872,966
57$47,705,108$24,898,354$20,439,777$31,865,945
58$52,507,421$26,054,766$21,060,902$34,020,565
59$57,797,567$27,265,838$21,700,831$36,351,582
60$63,625,241$28,534,186$22,360,131$38,875,182
61$70,045,206$29,862,552$23,039,385$41,609,122
62$77,117,808$31,253,808$23,739,196$44,572,887
63$84,909,547$32,710,968$24,460,182$47,787,866
64$93,493,704$34,237,188$25,202,981$51,277,538
65$102,951,032$35,835,780$25,968,251$55,067,683
66$113,370,517$37,510,214$26,756,667$59,186,612
67$124,850,222$39,264,127$27,568,928$63,665,421
68$137,498,209$41,101,332$28,405,751$68,538,272
69$151,433,557$43,025,829$29,267,875$73,842,697
70$166,787,494$45,041,808$30,156,062$79,619,940
71$183,704,624$47,153,663$31,071,096$85,915,328
72$202,344,303$49,366,000$32,013,786$92,778,684
73$222,882,137$51,683,649$32,984,962$100,264,778
74$245,511,639$54,111,671$33,985,482$108,433,827
75$270,446,059$56,655,376$35,016,229$117,352,042
76$297,920,395$59,320,328$36,078,111$127,092,234
77$328,193,613$62,112,361$37,172,065$137,734,481
78$361,551,086$65,037,592$38,299,054$149,366,860
79$398,307,296$68,102,433$39,460,071$162,086,256
80$438,808,796$71,313,608$40,656,140$175,999,253
81$483,437,486$74,678,167$41,888,313$191,223,113
82$532,614,213$78,203,501$43,157,674$207,886,859
83$586,802,748$81,897,358$44,465,342$226,132,462
84$646,514,163$85,767,863$45,812,466$246,116,156
85$712,311,655$89,823,535$47,200,231$268,009,878
86$784,815,861$94,073,307$48,629,856$292,002,863
87$864,710,723$98,526,542$50,102,600$318,303,393
88$952,749,935$103,193,061$51,619,755$347,140,735
89$1,049,764,066$108,083,159$53,182,655$378,767,262
90$1,156,668,398$113,207,631$54,792,671$413,460,800
91$1,274,471,566$118,577,796$56,451,217$451,527,210
92$1,404,285,082$124,205,525$58,159,749$493,303,236
93$1,547,333,825$130,103,260$59,919,765$539,159,638
94$1,704,967,607$136,284,052$61,732,810$589,504,645
95$1,878,673,916$142,761,583$63,600,471$644,787,763
96$2,070,091,956$149,550,201$65,524,388$705,503,969
97$2,281,028,124$156,664,950$67,506,244$772,198,328
98$2,513,473,066$164,121,606$69,547,777$845,471,085
99$2,769,620,465$171,936,711$71,650,773$925,983,276
100$3,051,887,752$180,127,609$73,817,073$1,014,462,903