Can I retire at age 45 with 10,400,000?

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 $10,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$858,822$851,172$843,709$836,424$829,311$808,278
2 years$425,160$417,241$409,567$402,127$394,910$373,857
3 years$280,624$272,672$265,017$257,647$250,547$230,132
4 years$208,371$200,443$192,865$185,620$178,692$159,071
5 years$165,030$157,149$149,671$142,574$135,839$117,067
6 years$136,145$128,324$120,956$114,017$107,485$89,581
7 years$115,522$107,767$100,515$93,740$87,414$70,379
8 years$100,061$92,376$85,245$78,636$72,518$56,345
9 years$88,043$80,430$73,421$66,981$61,071$45,746
10 years$78,433$70,895$64,010$57,738$52,035$37,540
11 years$70,576$63,114$56,354$50,249$44,752$31,064
12 years$64,033$56,647$50,013$44,075$38,781$25,878
13 years$58,502$51,193$44,683$38,912$33,818$21,673
14 years$53,764$46,533$40,148$34,542$29,645$18,231
15 years$49,662$42,508$36,248$30,805$26,102$15,390
16 years$46,076$39,001$32,864$27,583$23,069$13,031
17 years$42,915$35,918$29,905$24,783$20,454$11,061
18 years$40,109$33,190$27,299$22,334$18,187$9,408
19 years$37,601$30,760$24,991$20,181$16,210$8,016
20 years$35,346$28,584$22,936$18,278$14,479$6,840
21 years$33,309$26,625$21,097$16,588$12,957$5,844
22 years$31,460$24,853$19,444$15,082$11,615$4,998
23 years$29,774$23,245$17,953$13,736$10,426$4,279
24 years$28,230$21,779$16,603$12,528$9,371$3,665
25 years$26,813$20,438$15,378$11,441$8,432$3,142
26 years$25,506$19,209$14,262$10,461$7,596$2,695
27 years$24,299$18,078$13,244$9,575$6,848$2,313
28 years$23,179$17,034$12,312$8,773$6,179$1,985
29 years$22,139$16,070$11,457$8,045$5,580$1,705
30 years$21,170$15,176$10,672$7,383$5,042$1,465
31 years$20,265$14,347$9,949$6,781$4,558$1,258
32 years$19,418$13,575$9,283$6,232$4,123$1,082
33 years$18,625$12,856$8,667$5,731$3,731$930
34 years$17,880$12,184$8,098$5,273$3,378$799
35 years$17,178$11,557$7,571$4,854$3,060$687
36 years$16,518$10,969$7,083$4,470$2,772$591
37 years$15,894$10,418$6,629$4,119$2,513$508
38 years$15,305$9,901$6,208$3,796$2,278$437
39 years$14,747$9,415$5,816$3,501$2,066$376
40 years$14,218$8,957$5,452$3,229$1,874$324
41 years$13,717$8,527$5,112$2,979$1,700$278
42 years$13,241$8,120$4,795$2,749$1,543$239
43 years$12,788$7,737$4,500$2,538$1,400$206
44 years$12,357$7,375$4,224$2,343$1,271$177
45 years$11,946$7,033$3,966$2,164$1,154$153
46 years$11,554$6,709$3,725$1,999$1,047$131
47 years$11,180$6,402$3,499$1,847$951$113
48 years$10,823$6,112$3,288$1,707$864$97
49 years$10,481$5,837$3,091$1,577$784$84
50 years$10,154$5,575$2,906$1,458$713$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,400,000, adding $5,660 every year, while hoping to spend $56,541 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: 38/36/26 Blend
44$10,400,000$10,400,000$10,400,000$10,400,000
45$11,466,638$10,915,438$10,754,238$11,813,267
46$12,576,076$11,390,136$11,054,346$12,542,059
47$13,796,782$11,886,198$11,362,612$13,323,532
48$15,140,045$12,404,613$11,679,251$14,167,022
49$16,618,304$12,946,414$12,004,481$15,078,188
50$18,245,266$13,512,683$12,338,526$16,063,237
51$20,036,033$14,104,554$12,681,616$17,128,984
52$22,007,245$14,723,214$13,033,987$18,282,909
53$24,177,238$15,369,906$13,395,880$19,533,225
54$26,566,216$16,045,931$13,767,542$20,888,950
55$29,196,441$16,752,653$14,149,226$22,359,990
56$32,092,444$17,491,499$14,541,191$23,957,226
57$35,281,256$18,263,964$14,943,702$25,692,614
58$38,792,660$19,071,614$15,357,033$27,579,290
59$42,659,478$19,916,091$15,781,460$29,631,694
60$46,917,876$20,799,110$16,217,270$31,865,695
61$51,607,705$21,722,472$16,664,754$34,298,740
62$56,772,879$22,688,061$17,124,211$36,950,011
63$62,461,788$23,697,851$17,595,948$39,840,598
64$68,727,755$24,753,911$18,080,277$42,993,698
65$75,629,539$25,858,406$18,577,519$46,434,820
66$83,231,889$27,013,604$19,088,003$50,192,024
67$91,606,155$28,221,884$19,612,064$54,296,177
68$100,830,961$29,485,735$20,150,047$58,781,235
69$110,992,949$30,807,766$20,702,303$63,684,561
70$122,187,592$32,190,708$21,269,193$69,047,265
71$134,520,099$33,637,426$21,851,084$74,914,584
72$148,106,408$35,150,918$22,448,353$81,336,302
73$163,074,275$36,734,327$23,061,387$88,367,209
74$179,564,487$38,390,945$23,690,579$96,067,611
75$197,732,185$40,124,221$24,336,334$104,503,885
76$217,748,329$41,937,770$24,999,063$113,749,100
77$239,801,316$43,835,377$25,679,188$123,883,690
78$264,098,750$45,821,011$26,377,141$134,996,208
79$290,869,411$47,898,829$27,093,363$147,184,146
80$320,365,405$50,073,186$27,828,305$160,554,843
81$352,864,552$52,348,647$28,582,429$175,226,485
82$388,673,000$54,729,995$29,356,204$191,329,209
83$428,128,122$57,222,241$30,150,113$209,006,316
84$471,601,697$59,830,637$30,964,648$228,415,607
85$519,503,418$62,560,686$31,800,312$249,730,860
86$572,284,763$65,418,156$32,657,619$273,143,452
87$630,443,253$68,409,090$33,537,093$298,864,147
88$694,527,150$71,539,821$34,439,271$327,125,074
89$765,140,634$74,816,986$35,364,701$358,181,891
90$842,949,502$78,247,542$36,313,942$392,316,186
91$928,687,456$81,838,777$37,287,564$429,838,111
92$1,023,163,031$85,598,331$38,286,152$471,089,290
93$1,127,267,223$89,534,212$39,310,301$516,446,020
94$1,241,981,901$93,654,810$40,360,617$566,322,802
95$1,368,389,079$97,968,920$41,437,722$621,176,228
96$1,507,681,128$102,485,759$42,542,248$681,509,267
97$1,661,172,031$107,214,990$43,674,842$747,875,985
98$1,830,309,790$112,166,736$44,836,161$820,886,748
99$2,016,690,095$117,351,612$46,026,878$901,213,957
100$2,222,071,384$122,780,740$47,247,678$989,598,362