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%18.7%
1 years$858,822$851,172$843,709$836,424$829,311$800,204
2 years$425,160$417,241$409,567$402,127$394,910$365,891
3 years$280,624$272,672$265,017$257,647$250,547$222,528
4 years$208,371$200,443$192,865$185,620$178,692$151,887
5 years$165,030$157,149$149,671$142,574$135,839$110,318
6 years$136,145$128,324$120,956$114,017$107,485$83,268
7 years$115,522$107,767$100,515$93,740$87,414$64,496
8 years$100,061$92,376$85,245$78,636$72,518$50,880
9 years$88,043$80,430$73,421$66,981$61,071$40,685
10 years$78,433$70,895$64,010$57,738$52,035$32,868
11 years$70,576$63,114$56,354$50,249$44,752$26,764
12 years$64,033$56,647$50,013$44,075$38,781$21,929
13 years$58,502$51,193$44,683$38,912$33,818$18,058
14 years$53,764$46,533$40,148$34,542$29,645$14,929
15 years$49,662$42,508$36,248$30,805$26,102$12,383
16 years$46,076$39,001$32,864$27,583$23,069$10,298
17 years$42,915$35,918$29,905$24,783$20,454$8,582
18 years$40,109$33,190$27,299$22,334$18,187$7,165
19 years$37,601$30,760$24,991$20,181$16,210$5,991
20 years$35,346$28,584$22,936$18,278$14,479$5,016
21 years$33,309$26,625$21,097$16,588$12,957$4,203
22 years$31,460$24,853$19,444$15,082$11,615$3,526
23 years$29,774$23,245$17,953$13,736$10,426$2,959
24 years$28,230$21,779$16,603$12,528$9,371$2,485
25 years$26,813$20,438$15,378$11,441$8,432$2,088
26 years$25,506$19,209$14,262$10,461$7,596$1,755
27 years$24,299$18,078$13,244$9,575$6,848$1,476
28 years$23,179$17,034$12,312$8,773$6,179$1,242
29 years$22,139$16,070$11,457$8,045$5,580$1,045
30 years$21,170$15,176$10,672$7,383$5,042$879
31 years$20,265$14,347$9,949$6,781$4,558$740
32 years$19,418$13,575$9,283$6,232$4,123$623
33 years$18,625$12,856$8,667$5,731$3,731$524
34 years$17,880$12,184$8,098$5,273$3,378$442
35 years$17,178$11,557$7,571$4,854$3,060$372
36 years$16,518$10,969$7,083$4,470$2,772$313
37 years$15,894$10,418$6,629$4,119$2,513$264
38 years$15,305$9,901$6,208$3,796$2,278$222
39 years$14,747$9,415$5,816$3,501$2,066$187
40 years$14,218$8,957$5,452$3,229$1,874$158
41 years$13,717$8,527$5,112$2,979$1,700$133
42 years$13,241$8,120$4,795$2,749$1,543$112
43 years$12,788$7,737$4,500$2,538$1,400$94
44 years$12,357$7,375$4,224$2,343$1,271$79
45 years$11,946$7,033$3,966$2,164$1,154$67
46 years$11,554$6,709$3,725$1,999$1,047$56
47 years$11,180$6,402$3,499$1,847$951$47
48 years$10,823$6,112$3,288$1,707$864$40
49 years$10,481$5,837$3,091$1,577$784$34
50 years$10,154$5,575$2,906$1,458$713$28

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 $6,146 every year, while hoping to spend $58,333 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: 44/30/26 Blend
44$10,400,000$10,400,000$10,400,000$10,400,000
45$11,467,140$10,915,940$10,754,740$11,884,906
46$12,574,722$11,388,755$11,052,958$12,655,551
47$13,793,323$11,882,783$11,359,211$13,484,324
48$15,134,204$12,399,002$11,673,707$14,381,590
49$16,609,775$12,938,435$11,996,658$15,353,747
50$18,233,709$13,502,155$12,328,283$16,407,820
51$20,021,070$14,091,284$12,668,803$17,551,527
52$21,988,459$14,706,997$13,018,448$18,793,349
53$24,154,168$15,350,525$13,377,452$20,142,604
54$26,538,349$16,023,157$13,746,052$21,609,536
55$29,163,211$16,726,242$14,124,496$23,205,402
56$32,053,224$17,461,194$14,513,032$24,942,582
57$35,235,353$18,229,492$14,911,919$26,834,683
58$38,739,309$19,032,687$15,321,418$28,896,671
59$42,597,832$19,872,402$15,741,799$31,145,004
60$46,846,999$20,750,337$16,173,337$33,597,784
61$51,526,562$21,668,273$16,616,313$36,274,924
62$56,680,328$22,628,075$17,071,016$39,198,327
63$62,356,566$23,631,696$17,537,740$42,392,094
64$68,608,468$24,681,182$18,016,787$45,882,740
65$75,494,648$25,778,675$18,508,465$49,699,444
66$83,079,694$26,926,422$19,013,090$53,874,316
67$91,434,779$28,126,773$19,530,985$58,442,692
68$100,638,333$29,382,191$20,062,480$63,443,465
69$110,776,781$30,695,257$20,607,911$68,919,444
70$121,945,361$32,068,673$21,167,624$74,917,753
71$134,249,021$33,505,271$21,741,973$81,490,263
72$147,803,409$35,008,017$22,331,317$88,694,081
73$162,735,966$36,580,019$22,936,025$96,592,078
74$179,187,126$38,224,532$23,556,474$105,253,475
75$197,311,646$39,944,967$24,193,049$114,754,485
76$217,280,061$41,744,898$24,846,143$125,179,030
77$239,280,298$43,628,068$25,516,159$136,619,516
78$263,519,444$45,598,400$26,203,507$149,177,704
79$290,225,710$47,660,003$26,908,606$162,965,652
80$319,650,574$49,817,185$27,631,886$178,106,769
81$352,071,162$52,074,456$28,373,784$194,736,965
82$387,792,861$54,436,545$29,134,746$213,005,926
83$427,152,202$56,908,406$29,915,229$233,078,509
84$470,520,037$59,495,228$30,715,700$255,136,293
85$518,305,038$62,202,451$31,536,633$279,379,274
86$570,957,556$65,035,775$32,378,514$306,027,743
87$628,973,870$68,001,172$33,241,838$335,324,350
88$692,900,876$71,104,901$34,127,111$367,536,378
89$763,341,245$74,353,520$35,034,848$402,958,253
90$840,959,112$77,753,902$35,965,576$441,914,307
91$926,486,349$81,313,251$36,919,830$484,761,821
92$1,020,729,470$85,039,114$37,898,158$531,894,381
93$1,124,577,247$88,939,402$38,901,118$583,745,573
94$1,239,009,099$93,022,405$39,929,278$640,793,061
95$1,365,104,336$97,296,812$40,983,218$703,563,071
96$1,504,052,352$101,771,729$42,063,529$772,635,342
97$1,657,163,847$106,456,699$43,170,812$848,648,571
98$1,825,883,206$111,361,725$44,305,681$932,306,426
99$2,011,802,133$116,497,289$45,468,761$1,024,384,158
100$2,216,674,673$121,874,379$46,660,688$1,125,735,899