Can I retire at age 45 with 10,300,000?

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 $10,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$850,564$842,988$835,596$828,381$821,336$799,859
2 years$421,071$413,229$405,629$398,260$391,113$369,620
3 years$277,926$270,050$262,469$255,169$248,138$227,304
4 years$206,367$198,515$191,010$183,835$176,974$156,958
5 years$163,443$155,638$148,232$141,203$134,533$115,391
6 years$134,836$127,090$119,793$112,921$106,451$88,201
7 years$114,411$106,730$99,549$92,839$86,573$69,217
8 years$99,099$91,488$84,425$77,880$71,821$55,350
9 years$87,196$79,656$72,715$66,337$60,484$44,883
10 years$77,679$70,213$63,395$57,183$51,535$36,786
11 years$69,898$62,507$55,812$49,766$44,322$30,402
12 years$63,418$56,103$49,532$43,652$38,408$25,293
13 years$57,939$50,700$44,253$38,538$33,493$21,154
14 years$53,247$46,085$39,762$34,210$29,360$17,770
15 years$49,184$42,100$35,900$30,509$25,851$14,980
16 years$45,633$38,626$32,548$27,317$22,847$12,666
17 years$42,503$35,573$29,618$24,544$20,258$10,735
18 years$39,723$32,871$27,037$22,120$18,012$9,118
19 years$37,239$30,464$24,751$19,987$16,055$7,757
20 years$35,006$28,309$22,715$18,102$14,340$6,609
21 years$32,989$26,369$20,894$16,429$12,833$5,638
22 years$31,157$24,614$19,257$14,937$11,503$4,814
23 years$29,487$23,021$17,780$13,604$10,326$4,115
24 years$27,959$21,569$16,444$12,407$9,281$3,520
25 years$26,555$20,242$15,230$11,331$8,351$3,012
26 years$25,261$19,024$14,125$10,361$7,523$2,580
27 years$24,065$17,904$13,116$9,483$6,782$2,210
28 years$22,956$16,871$12,193$8,689$6,120$1,894
29 years$21,926$15,916$11,347$7,968$5,526$1,624
30 years$20,966$15,031$10,569$7,312$4,993$1,393
31 years$20,070$14,209$9,854$6,716$4,514$1,195
32 years$19,232$13,444$9,194$6,172$4,083$1,025
33 years$18,446$12,732$8,584$5,676$3,696$880
34 years$17,708$12,067$8,020$5,222$3,346$755
35 years$17,013$11,446$7,499$4,807$3,030$648
36 years$16,359$10,863$7,015$4,427$2,746$556
37 years$15,741$10,318$6,566$4,079$2,489$478
38 years$15,158$9,806$6,148$3,760$2,256$410
39 years$14,605$9,324$5,760$3,467$2,046$352
40 years$14,082$8,871$5,399$3,198$1,856$303
41 years$13,585$8,445$5,063$2,950$1,684$260
42 years$13,113$8,042$4,749$2,723$1,528$223
43 years$12,665$7,663$4,456$2,513$1,386$192
44 years$12,238$7,304$4,183$2,321$1,258$165
45 years$11,831$6,965$3,928$2,143$1,142$141
46 years$11,443$6,644$3,689$1,980$1,037$121
47 years$11,073$6,341$3,466$1,829$942$104
48 years$10,719$6,053$3,257$1,690$855$90
49 years$10,380$5,780$3,061$1,562$777$77
50 years$10,056$5,522$2,878$1,444$706$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,300,000, adding $5,257 every year, while hoping to spend $27,259 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: 53/40/7 Blend
44$10,300,000$10,300,000$10,300,000$10,300,000
45$11,356,023$10,810,123$10,650,473$11,938,622
46$12,485,334$11,310,815$10,978,260$12,834,629
47$13,728,921$11,835,128$11,316,115$13,805,471
48$15,098,411$12,384,190$11,664,345$14,860,987
49$16,606,618$12,959,184$12,023,269$16,009,177
50$18,267,659$13,561,350$12,393,215$17,258,834
51$20,097,091$14,191,988$12,774,519$18,619,612
52$22,112,059$14,852,460$13,167,530$20,102,122
53$24,331,454$15,544,195$13,572,607$21,718,022
54$26,776,091$16,268,689$13,990,118$23,480,126
55$29,468,911$17,027,513$14,420,446$25,402,518
56$32,435,190$17,822,312$14,863,981$27,500,680
57$35,702,784$18,654,810$15,321,129$29,791,634
58$39,302,388$19,526,816$15,792,307$32,294,097
59$43,267,826$20,440,224$16,277,943$35,028,651
60$47,636,371$21,397,021$16,778,481$38,017,931
61$52,449,097$22,399,292$17,294,377$41,286,834
62$57,751,267$23,449,219$17,826,100$44,862,747
63$63,592,757$24,549,092$18,374,135$48,775,796
64$70,028,531$25,701,311$18,938,982$53,059,127
65$77,119,158$26,908,391$19,521,155$57,749,208
66$84,931,382$28,172,972$20,121,183$62,886,168
67$93,538,754$29,497,819$20,739,614$68,514,165
68$103,022,325$30,885,830$21,377,009$74,681,795
69$113,471,414$32,340,047$22,033,950$81,442,542
70$124,984,444$33,863,656$22,711,034$88,855,275
71$137,669,881$35,459,999$23,408,877$96,984,788
72$151,647,249$37,132,578$24,128,114$105,902,408
73$167,048,261$38,885,068$24,869,399$115,686,652
74$184,018,067$40,721,319$25,633,407$126,423,960
75$202,716,615$42,645,369$26,420,831$138,209,497
76$223,320,169$44,661,452$27,232,389$151,148,040
77$246,022,970$46,774,006$28,068,817$165,354,953
78$271,039,067$48,987,686$28,930,876$180,957,262
79$298,604,340$51,307,372$29,819,349$198,094,839
80$328,978,730$53,738,179$30,735,044$216,921,711
81$362,448,684$56,285,474$31,678,792$237,607,493
82$399,329,869$58,954,881$32,651,451$260,338,973
83$439,970,144$61,752,299$33,653,903$285,321,863
84$484,752,849$64,683,912$34,687,059$312,782,717
85$534,100,421$67,756,206$35,751,857$342,971,053
86$588,478,384$70,975,979$36,849,264$376,161,687
87$648,399,739$74,350,362$37,980,275$412,657,309
88$714,429,814$77,886,832$39,145,916$452,791,313
89$787,191,597$81,593,228$40,347,245$496,930,929
90$867,371,614$85,477,770$41,585,352$545,480,658
91$955,726,416$89,549,079$42,861,359$598,886,070
92$1,053,089,720$93,816,194$44,176,424$657,637,981
93$1,160,380,276$98,288,592$45,531,739$722,277,061
94$1,278,610,544$102,976,212$46,928,532$793,398,906
95$1,408,896,251$107,889,478$48,368,069$871,659,633
96$1,552,466,924$113,039,318$49,851,655$957,782,041
97$1,710,677,498$118,437,193$51,380,633$1,052,562,398
98$1,885,021,108$124,095,120$52,956,389$1,156,877,929
99$2,077,143,183$130,025,703$54,580,350$1,271,695,054
100$2,288,856,982$136,242,156$56,253,986$1,398,078,478