Can I retire at age 45 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$842,306$834,804$827,484$820,339$813,362$803,199
2 years$416,983$409,217$401,691$394,394$387,315$377,089
3 years$275,228$267,428$259,921$252,692$245,729$235,756
4 years$204,364$196,588$189,156$182,050$175,256$165,615
5 years$161,856$154,127$146,793$139,832$133,227$123,945
6 years$133,527$125,857$118,630$111,825$105,418$96,507
7 years$113,300$105,694$98,582$91,937$85,733$77,196
8 years$98,137$90,599$83,606$77,124$71,124$62,960
9 years$86,349$78,883$72,009$65,692$59,896$52,103
10 years$76,925$69,532$62,779$56,628$51,035$43,605
11 years$69,219$61,900$55,270$49,283$43,892$36,820
12 years$62,802$55,558$49,051$43,228$38,036$31,314
13 years$57,377$50,208$43,824$38,164$33,168$26,787
14 years$52,730$45,638$39,376$33,877$29,075$23,026
15 years$48,707$41,691$35,551$30,213$25,600$19,873
16 years$45,190$38,251$32,232$27,052$22,625$17,210
17 years$42,090$35,227$29,330$24,306$20,061$14,946
18 years$39,337$32,552$26,775$21,905$17,837$13,013
19 years$36,878$30,169$24,511$19,793$15,899$11,353
20 years$34,667$28,034$22,495$17,926$14,201$9,923
21 years$32,669$26,113$20,691$16,269$12,708$8,686
22 years$30,855$24,375$19,070$14,792$11,391$7,614
23 years$29,201$22,798$17,608$13,472$10,225$6,682
24 years$27,688$21,360$16,284$12,287$9,191$5,870
25 years$26,297$20,045$15,082$11,221$8,270$5,161
26 years$25,016$18,839$13,988$10,260$7,450$4,542
27 years$23,831$17,730$12,989$9,391$6,716$3,999
28 years$22,734$16,707$12,075$8,604$6,060$3,524
29 years$21,713$15,761$11,237$7,890$5,472$3,106
30 years$20,763$14,885$10,467$7,241$4,945$2,739
31 years$19,875$14,071$9,758$6,651$4,470$2,417
32 years$19,045$13,314$9,104$6,112$4,044$2,133
33 years$18,267$12,609$8,501$5,621$3,660$1,883
34 years$17,536$11,950$7,943$5,172$3,313$1,663
35 years$16,848$11,334$7,426$4,761$3,001$1,469
36 years$16,200$10,758$6,947$4,384$2,719$1,298
37 years$15,588$10,218$6,502$4,040$2,464$1,147
38 years$15,010$9,710$6,089$3,723$2,234$1,014
39 years$14,463$9,234$5,704$3,433$2,026$896
40 years$13,945$8,785$5,347$3,167$1,838$792
41 years$13,453$8,363$5,014$2,922$1,667$701
42 years$12,986$7,964$4,703$2,696$1,513$619
43 years$12,542$7,588$4,413$2,489$1,373$548
44 years$12,119$7,233$4,142$2,298$1,246$485
45 years$11,716$6,898$3,890$2,122$1,131$429
46 years$11,332$6,580$3,653$1,961$1,027$379
47 years$10,965$6,279$3,432$1,811$933$335
48 years$10,615$5,994$3,225$1,674$847$297
49 years$10,279$5,724$3,032$1,547$769$262
50 years$9,959$5,468$2,850$1,430$699$232

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,200,000, adding $6,294 every year, while hoping to spend $55,043 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: 38/34/28 Blend
44$10,200,000$10,200,000$10,200,000$10,200,000
45$11,246,892$10,706,292$10,548,192$11,580,270
46$12,335,510$11,172,335$10,842,991$12,291,883
47$13,533,322$11,659,370$11,145,821$13,054,937
48$14,851,408$12,168,366$11,456,893$13,878,578
49$16,301,975$12,700,340$11,776,423$14,768,345
50$17,898,476$13,256,356$12,104,633$15,730,313
51$19,655,732$13,837,528$12,441,749$16,771,152
52$21,590,073$14,445,024$12,788,004$17,898,185
53$23,719,495$15,080,064$13,143,637$19,119,452
54$26,063,826$15,743,930$13,508,891$20,443,784
55$28,644,914$16,437,961$13,884,017$21,880,881
56$31,486,835$17,163,560$14,269,271$23,441,399
57$34,616,116$17,922,198$14,664,916$25,137,047
58$38,061,988$18,715,415$15,071,219$26,980,694
59$41,856,663$19,544,822$15,488,457$28,986,482
60$46,035,635$20,412,110$15,916,912$31,169,960
61$50,638,013$21,319,047$16,356,872$33,548,220
62$55,706,896$22,267,486$16,808,633$36,140,057
63$61,289,775$23,259,369$17,272,498$38,966,138
64$67,438,983$24,296,728$17,748,777$42,049,193
65$74,212,185$25,381,694$18,237,788$45,414,222
66$81,672,929$26,516,498$18,739,854$49,088,725
67$89,891,238$27,703,476$19,255,310$53,102,957
68$98,944,276$28,945,079$19,784,494$57,490,202
69$108,917,074$30,243,870$20,327,757$62,287,084
70$119,903,333$31,602,537$20,885,454$67,533,902
71$132,006,307$33,023,895$21,457,951$73,275,005
72$145,339,778$34,510,894$22,045,620$79,559,202
73$160,029,132$36,066,624$22,648,845$86,440,212
74$176,212,537$37,694,323$23,268,015$93,977,161
75$194,042,254$39,397,382$23,903,532$102,235,137
76$213,686,067$41,179,357$24,555,803$111,285,788
77$235,328,871$43,043,971$25,225,248$121,207,989
78$259,174,417$44,995,126$25,912,294$132,088,578
79$285,447,230$47,036,910$26,617,379$144,023,165
80$314,394,738$49,173,609$27,340,951$157,117,018
81$346,289,595$51,409,710$28,083,467$171,486,048
82$381,432,266$53,749,917$28,845,395$187,257,892
83$420,153,854$56,199,161$29,627,214$204,573,100
84$462,819,233$58,762,606$30,429,411$223,586,448
85$509,830,486$61,445,664$31,252,487$244,468,390
86$561,630,702$64,254,009$32,096,952$267,406,645
87$618,708,163$67,193,584$32,963,329$292,607,957
88$681,600,944$70,270,618$33,852,149$320,300,026
89$750,902,003$73,491,641$34,763,959$350,733,647
90$827,264,769$76,863,493$35,699,313$384,185,050
91$911,409,316$80,393,345$36,658,781$420,958,497
92$1,004,129,159$84,088,712$37,642,943$461,389,127
93$1,106,298,743$87,957,468$38,652,391$505,846,104
94$1,218,881,699$92,007,868$39,687,730$554,736,078
95$1,342,939,942$96,248,563$40,749,579$608,507,002
96$1,479,643,693$100,688,620$41,838,567$667,652,333
97$1,630,282,529$105,337,542$42,955,338$732,715,672
98$1,796,277,554$110,205,289$44,100,550$804,295,862
99$1,979,194,818$115,302,301$45,274,871$883,052,620
100$2,180,760,097$120,639,521$46,478,986$969,712,735