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%14.6%
1 years$825,791$818,435$811,258$804,254$797,414$782,274
2 years$408,807$401,194$393,815$386,660$379,721$364,526
3 years$269,831$262,184$254,824$247,737$240,911$226,135
4 years$200,356$192,733$185,447$178,481$171,819$157,577
5 years$158,683$151,105$143,914$137,090$130,614$116,946
6 years$130,909$123,389$116,304$109,632$103,351$90,271
7 years$111,079$103,622$96,649$90,135$84,052$71,565
8 years$96,213$88,823$81,966$75,612$69,729$57,831
9 years$84,656$77,336$70,598$64,404$58,722$47,405
10 years$75,417$68,168$61,549$55,517$50,034$39,288
11 years$67,862$60,686$54,186$48,317$43,031$32,844
12 years$61,571$54,469$48,089$42,380$37,290$27,646
13 years$56,251$49,224$42,964$37,415$32,517$23,403
14 years$51,696$44,743$38,604$33,213$28,505$19,902
15 years$47,752$40,874$34,854$29,620$25,098$16,989
16 years$44,304$37,501$31,600$26,522$22,181$14,549
17 years$41,265$34,537$28,755$23,830$19,668$12,493
18 years$38,566$31,914$26,250$21,475$17,487$10,751
19 years$36,155$29,577$24,030$19,405$15,587$9,270
20 years$33,987$27,484$22,054$17,575$13,923$8,007
21 years$32,028$25,601$20,285$15,950$12,459$6,925
22 years$30,250$23,897$18,696$14,502$11,168$5,996
23 years$28,629$22,351$17,262$13,208$10,025$5,197
24 years$27,145$20,941$15,965$12,046$9,011$4,509
25 years$25,782$19,652$14,787$11,001$8,108$3,915
26 years$24,525$18,470$13,714$10,059$7,304$3,401
27 years$23,364$17,382$12,734$9,207$6,585$2,957
28 years$22,288$16,379$11,838$8,436$5,942$2,572
29 years$21,288$15,452$11,017$7,736$5,365$2,238
30 years$20,356$14,593$10,262$7,099$4,848$1,948
31 years$19,486$13,795$9,567$6,520$4,383$1,696
32 years$18,672$13,053$8,926$5,992$3,965$1,477
33 years$17,909$12,361$8,334$5,510$3,588$1,287
34 years$17,192$11,716$7,787$5,070$3,248$1,121
35 years$16,518$11,112$7,280$4,667$2,942$977
36 years$15,882$10,547$6,810$4,298$2,666$852
37 years$15,283$10,017$6,374$3,960$2,416$742
38 years$14,716$9,520$5,969$3,650$2,190$647
39 years$14,180$9,053$5,593$3,366$1,986$564
40 years$13,672$8,613$5,242$3,105$1,802$492
41 years$13,189$8,199$4,915$2,864$1,635$429
42 years$12,731$7,808$4,611$2,643$1,483$374
43 years$12,296$7,439$4,327$2,440$1,346$327
44 years$11,881$7,091$4,061$2,253$1,222$285
45 years$11,486$6,762$3,813$2,081$1,109$249
46 years$11,110$6,451$3,582$1,922$1,007$217
47 years$10,750$6,156$3,365$1,776$914$189
48 years$10,406$5,877$3,162$1,641$830$165
49 years$10,078$5,612$2,972$1,516$754$144
50 years$9,763$5,361$2,794$1,402$685$126

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 $5,700 every year, while hoping to spend $43,648 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: 60/28/12 Blend
44$10,000,000$10,000,000$10,000,000$10,000,000
45$11,025,880$10,495,880$10,340,880$11,655,173
46$12,104,078$10,963,737$10,640,858$12,546,830
47$13,290,790$11,453,056$10,949,423$13,513,591
48$14,597,038$11,964,842$11,266,815$14,567,086
49$16,034,966$12,500,150$11,593,284$15,715,686
50$17,617,957$13,060,082$11,929,084$16,968,596
51$19,360,758$13,645,795$12,274,477$18,335,938
52$21,279,616$14,258,500$12,629,733$19,828,844
53$23,392,435$14,899,465$12,995,127$21,459,559
54$25,718,944$15,570,019$13,370,945$23,241,555
55$28,280,883$16,271,556$13,757,477$25,189,650
56$31,102,205$17,005,535$14,155,025$27,320,149
57$34,209,307$17,773,483$14,563,896$29,650,992
58$37,631,276$18,577,003$14,984,406$32,201,922
59$41,400,163$19,417,774$15,416,880$34,994,664
60$45,551,287$20,297,552$15,861,654$38,053,130
61$50,123,568$21,218,182$16,319,069$41,403,636
62$55,159,892$22,181,593$16,789,477$45,075,151
63$60,707,518$23,189,808$17,273,242$49,099,560
64$66,818,524$24,244,947$17,770,734$53,511,967
65$73,550,296$25,349,232$18,282,336$58,351,016
66$80,966,071$26,504,989$18,808,439$63,659,251
67$89,135,535$27,714,658$19,349,447$69,483,515
68$98,135,478$28,980,796$19,905,772$75,875,385
69$108,050,522$30,306,079$20,477,840$82,891,650
70$118,973,914$31,693,317$21,066,087$90,594,846
71$131,008,413$33,145,449$21,670,961$99,053,837
72$144,267,255$34,665,559$22,292,922$108,344,456
73$158,875,222$36,256,878$22,932,441$118,550,218
74$174,969,821$37,922,793$23,590,005$129,763,097
75$192,702,584$39,666,850$24,266,111$142,084,391
76$212,240,492$41,492,771$24,961,271$155,625,663
77$233,767,558$43,404,452$25,676,009$170,509,792
78$257,486,559$45,405,980$26,410,865$186,872,123
79$283,620,951$47,501,636$27,166,392$204,861,731
80$312,416,979$49,695,908$27,943,158$224,642,822
81$344,146,004$51,993,500$28,741,746$246,396,275
82$379,107,057$54,399,342$29,562,756$270,321,331
83$417,629,670$56,918,603$30,406,801$296,637,471
84$460,076,981$59,556,700$31,274,514$325,586,472
85$506,849,164$62,319,309$32,166,541$357,434,678
86$558,387,206$65,212,382$33,083,547$392,475,499
87$615,177,070$68,242,158$34,026,215$431,032,172
88$677,754,283$71,415,175$34,995,245$473,460,794
89$746,708,990$74,738,289$35,991,355$520,153,674
90$822,691,526$78,218,684$37,015,285$571,543,014
91$906,418,554$81,863,892$38,067,789$628,104,979
92$998,679,833$85,681,809$39,149,646$690,364,174
93$1,100,345,670$89,680,711$40,261,653$758,898,574
94$1,212,375,137$93,869,275$41,404,628$834,344,971
95$1,335,825,128$98,256,596$42,579,410$917,404,957
96$1,471,860,331$102,852,210$43,786,860$1,008,851,533
97$1,621,764,228$107,666,111$45,027,863$1,109,536,382
98$1,786,951,207$112,708,779$46,303,325$1,220,397,890
99$1,968,979,920$117,991,199$47,614,176$1,342,469,978
100$2,169,567,992$123,524,888$48,961,371$1,476,891,843