Can I retire at age 45 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$825,791$818,435$811,258$804,254$797,414$765,776
2 years$408,807$401,194$393,815$386,660$379,721$348,238
3 years$269,831$262,184$254,824$247,737$240,911$210,575
4 years$200,356$192,733$185,447$178,481$171,819$142,861
5 years$158,683$151,105$143,914$137,090$130,614$103,107
6 years$130,909$123,389$116,304$109,632$103,351$77,312
7 years$111,079$103,622$96,649$90,135$84,052$59,473
8 years$96,213$88,823$81,966$75,612$69,729$46,585
9 years$84,656$77,336$70,598$64,404$58,722$36,977
10 years$75,417$68,168$61,549$55,517$50,034$29,646
11 years$67,862$60,686$54,186$48,317$43,031$23,952
12 years$61,571$54,469$48,089$42,380$37,290$19,469
13 years$56,251$49,224$42,964$37,415$32,517$15,900
14 years$51,696$44,743$38,604$33,213$28,505$13,036
15 years$47,752$40,874$34,854$29,620$25,098$10,720
16 years$44,304$37,501$31,600$26,522$22,181$8,838
17 years$41,265$34,537$28,755$23,830$19,668$7,300
18 years$38,566$31,914$26,250$21,475$17,487$6,041
19 years$36,155$29,577$24,030$19,405$15,587$5,005
20 years$33,987$27,484$22,054$17,575$13,923$4,152
21 years$32,028$25,601$20,285$15,950$12,459$3,447
22 years$30,250$23,897$18,696$14,502$11,168$2,864
23 years$28,629$22,351$17,262$13,208$10,025$2,381
24 years$27,145$20,941$15,965$12,046$9,011$1,981
25 years$25,782$19,652$14,787$11,001$8,108$1,649
26 years$24,525$18,470$13,714$10,059$7,304$1,373
27 years$23,364$17,382$12,734$9,207$6,585$1,143
28 years$22,288$16,379$11,838$8,436$5,942$952
29 years$21,288$15,452$11,017$7,736$5,365$793
30 years$20,356$14,593$10,262$7,099$4,848$661
31 years$19,486$13,795$9,567$6,520$4,383$551
32 years$18,672$13,053$8,926$5,992$3,965$459
33 years$17,909$12,361$8,334$5,510$3,588$383
34 years$17,192$11,716$7,787$5,070$3,248$319
35 years$16,518$11,112$7,280$4,667$2,942$266
36 years$15,882$10,547$6,810$4,298$2,666$222
37 years$15,283$10,017$6,374$3,960$2,416$185
38 years$14,716$9,520$5,969$3,650$2,190$154
39 years$14,180$9,053$5,593$3,366$1,986$129
40 years$13,672$8,613$5,242$3,105$1,802$107
41 years$13,189$8,199$4,915$2,864$1,635$89
42 years$12,731$7,808$4,611$2,643$1,483$75
43 years$12,296$7,439$4,327$2,440$1,346$62
44 years$11,881$7,091$4,061$2,253$1,222$52
45 years$11,486$6,762$3,813$2,081$1,109$43
46 years$11,110$6,451$3,582$1,922$1,007$36
47 years$10,750$6,156$3,365$1,776$914$30
48 years$10,406$5,877$3,162$1,641$830$25
49 years$10,078$5,612$2,972$1,516$754$21
50 years$9,763$5,361$2,794$1,402$685$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,000,000, adding $4,583 every year, while hoping to spend $21,262 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: 76/17/7 Blend
44$10,000,000$10,000,000$10,000,000$10,000,000
45$11,024,727$10,494,727$10,339,727$11,852,565
46$12,126,627$10,986,346$10,663,486$12,888,933
47$13,340,208$11,501,342$10,997,377$14,021,388
48$14,676,839$12,040,838$11,341,719$15,262,028
49$16,149,048$12,606,010$11,696,838$16,621,578
50$17,770,640$13,198,094$12,063,072$18,111,844
51$19,556,828$13,818,383$12,440,767$19,745,824
52$21,524,375$14,468,235$12,830,283$21,537,825
53$23,691,753$15,149,070$13,231,990$23,503,598
54$26,079,319$15,862,382$13,646,269$25,660,486
55$28,709,503$16,609,732$14,073,512$28,027,582
56$31,607,024$17,392,760$14,514,126$30,625,910
57$34,799,120$18,213,185$14,968,529$33,478,621
58$38,315,807$19,072,809$15,437,152$36,611,204
59$42,190,163$19,973,520$15,920,440$40,051,733
60$46,458,637$20,917,299$16,418,852$43,831,121
61$51,161,395$21,906,224$16,932,860$47,983,413
62$56,342,699$22,942,471$17,462,953$52,546,103
63$62,051,326$24,028,324$18,009,634$57,560,485
64$68,341,026$25,166,176$18,573,421$63,072,041
65$75,271,029$26,358,537$19,154,850$69,130,865
66$82,906,609$27,608,040$19,754,472$75,792,132
67$91,319,692$28,917,443$20,372,856$83,116,617
68$100,589,543$30,289,641$21,010,589$91,171,264
69$110,803,509$31,727,666$21,668,276$100,029,813
70$122,057,846$33,234,700$22,346,542$109,773,491
71$134,458,624$34,814,078$23,046,029$120,491,779
72$148,122,735$36,469,299$23,767,402$132,283,244
73$163,178,988$38,204,030$24,511,345$145,256,474
74$179,769,334$40,022,116$25,278,564$159,531,089
75$198,050,196$41,927,589$26,069,786$175,238,871
76$218,193,955$43,924,680$26,885,762$192,524,999
77$240,390,570$46,017,821$27,727,267$211,549,416
78$264,849,376$48,211,662$28,595,099$232,488,330
79$291,801,058$50,511,079$29,490,080$255,535,875
80$321,499,828$52,921,184$30,413,060$280,905,931
81$354,225,827$55,447,339$31,364,914$308,834,141
82$390,287,769$58,095,166$32,346,546$339,580,128
83$430,025,852$60,870,559$33,358,885$373,429,932
84$473,814,974$63,779,702$34,402,894$410,698,712
85$522,068,271$66,829,077$35,479,560$451,733,704
86$575,241,016$70,025,483$36,589,907$496,917,495
87$633,834,916$73,376,049$37,734,986$546,671,623
88$698,402,854$76,888,251$38,915,883$601,460,549
89$769,554,099$80,569,929$40,133,719$661,796,029
90$847,960,067$84,429,306$41,389,649$728,241,937
91$934,360,654$88,475,002$42,684,863$801,419,574
92$1,029,571,224$92,716,061$44,020,589$882,013,526
93$1,134,490,305$97,161,964$45,398,095$970,778,109
94$1,250,108,070$101,822,654$46,818,685$1,068,544,484
95$1,377,515,690$106,708,561$48,283,708$1,176,228,483
96$1,517,915,630$111,830,620$49,794,551$1,294,839,246
97$1,672,633,003$117,200,300$51,352,648$1,425,488,733
98$1,843,128,084$122,829,628$52,959,476$1,569,402,202
99$2,031,010,087$128,731,219$54,616,557$1,727,929,766
100$2,238,052,368$134,918,300$56,325,464$1,902,559,115