Can I retire at age 45 with 10,500,000?

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 $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$867,080$859,357$851,821$844,466$837,285$828,886
2 years$429,248$421,253$413,506$405,993$398,707$390,248
3 years$283,323$275,294$267,565$260,124$252,956$244,698
4 years$210,374$202,370$194,719$187,405$180,410$172,418
5 years$166,617$158,661$151,110$143,945$137,145$129,442
6 years$137,455$129,558$122,119$115,114$108,518$101,114
7 years$116,633$108,803$101,482$94,641$88,254$81,151
8 years$101,023$93,264$86,065$79,392$73,216$66,414
9 years$88,889$81,203$74,127$67,625$61,658$55,155
10 years$79,187$71,577$64,626$58,293$52,536$46,328
11 years$71,255$63,720$56,896$50,732$45,183$39,265
12 years$64,649$57,192$50,493$44,499$39,154$33,520
13 years$59,064$51,685$45,113$39,286$34,143$28,787
14 years$54,281$46,980$40,534$34,874$29,930$24,843
15 years$50,139$42,917$36,597$31,101$26,353$21,528
16 years$46,519$39,376$33,180$27,848$23,290$18,721
17 years$43,328$36,264$30,193$25,021$20,651$16,327
18 years$40,494$33,509$27,562$22,549$18,362$14,276
19 years$37,962$31,056$25,232$20,375$16,366$12,509
20 years$35,686$28,859$23,156$18,453$14,619$10,982
21 years$33,630$26,881$21,299$16,748$13,082$9,657
22 years$31,762$25,092$19,631$15,227$11,726$8,503
23 years$30,060$23,468$18,125$13,868$10,526$7,497
24 years$28,502$21,988$16,763$12,648$9,461$6,616
25 years$27,071$20,635$15,526$11,551$8,514$5,845
26 years$25,752$19,393$14,399$10,562$7,669$5,168
27 years$24,532$18,251$13,371$9,668$6,914$4,572
28 years$23,402$17,198$12,430$8,858$6,239$4,048
29 years$22,352$16,225$11,567$8,123$5,633$3,586
30 years$21,373$15,322$10,775$7,454$5,090$3,178
31 years$20,460$14,485$10,045$6,846$4,602$2,818
32 years$19,605$13,706$9,372$6,292$4,163$2,499
33 years$18,804$12,979$8,751$5,786$3,767$2,218
34 years$18,051$12,301$8,176$5,324$3,411$1,968
35 years$17,344$11,668$7,644$4,901$3,089$1,748
36 years$16,676$11,074$7,151$4,513$2,799$1,552
37 years$16,047$10,518$6,693$4,158$2,537$1,378
38 years$15,452$9,996$6,268$3,833$2,300$1,224
39 years$14,889$9,505$5,872$3,534$2,086$1,088
40 years$14,355$9,043$5,504$3,260$1,892$967
41 years$13,849$8,608$5,161$3,008$1,716$859
42 years$13,368$8,198$4,841$2,776$1,557$764
43 years$12,911$7,811$4,543$2,562$1,413$679
44 years$12,475$7,446$4,264$2,366$1,283$604
45 years$12,061$7,100$4,004$2,185$1,165$537
46 years$11,665$6,773$3,761$2,018$1,057$477
47 years$11,288$6,464$3,533$1,865$960$424
48 years$10,927$6,171$3,320$1,723$872$377
49 years$10,582$5,893$3,121$1,592$792$336
50 years$10,252$5,629$2,934$1,472$719$298

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,500,000, adding $2,406 every year, while hoping to spend $46,854 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: 65/20/15 Blend
44$10,500,000$10,500,000$10,500,000$10,500,000
45$11,573,482$11,016,982$10,854,232$12,283,924
46$12,704,125$11,506,962$11,167,996$13,249,488
47$13,948,523$12,019,380$11,490,701$14,298,510
48$15,318,230$12,555,287$11,822,598$15,443,648
49$16,825,976$13,115,783$12,163,941$16,694,291
50$18,485,788$13,702,020$12,514,997$18,060,770
51$20,313,124$14,315,204$12,876,034$19,554,451
52$22,325,015$14,956,601$13,247,333$21,187,842
53$24,540,226$15,627,534$13,629,179$22,974,709
54$26,979,439$16,329,393$14,021,866$24,930,201
55$29,665,438$17,063,630$14,425,695$27,070,992
56$32,623,333$17,831,768$14,840,976$29,415,436
57$35,880,792$18,635,404$15,268,028$31,983,734
58$39,468,304$19,476,209$15,707,177$34,798,128
59$43,419,463$20,355,935$16,158,760$37,883,101
60$47,771,290$21,276,418$16,623,120$41,265,610
61$52,564,579$22,239,580$17,100,613$44,975,334
62$57,844,283$23,247,437$17,591,600$49,044,953
63$63,659,938$24,302,099$18,096,457$53,510,449
64$70,066,129$25,405,779$18,615,565$58,411,447
65$77,123,007$26,560,795$19,149,320$63,791,579
66$84,896,856$27,769,576$19,698,124$69,698,897
67$93,460,717$29,034,668$20,262,393$76,186,320
68$102,895,081$30,358,737$20,842,554$83,312,128
69$113,288,642$31,744,578$21,439,043$91,140,508
70$124,739,143$33,195,121$22,052,309$99,742,157
71$137,354,288$34,713,435$22,682,814$109,194,940
72$151,252,769$36,302,737$23,331,032$119,584,624
73$166,565,377$37,966,397$23,997,447$131,005,677
74$183,436,244$39,707,948$24,682,560$143,562,160
75$202,024,196$41,531,093$25,386,882$157,368,698
76$222,504,260$43,439,713$26,110,938$172,551,556
77$245,069,308$45,437,872$26,855,268$189,249,827
78$269,931,884$47,529,835$27,620,426$207,616,735
79$297,326,207$49,720,067$28,406,981$227,821,079
80$327,510,380$52,013,250$29,215,515$250,048,809
81$360,768,831$54,414,292$30,046,627$274,504,785
82$397,414,995$56,928,336$30,900,932$301,414,695
83$437,794,271$59,560,771$31,779,060$331,027,176
84$482,287,287$62,317,248$32,681,658$363,616,159
85$531,313,487$65,203,690$33,609,390$399,483,437
86$585,335,095$68,226,304$34,562,938$438,961,510
87$644,861,478$71,391,596$35,542,999$482,416,711
88$710,453,952$74,706,387$36,550,293$530,252,653
89$782,731,081$78,177,825$37,585,553$582,914,028
90$862,374,517$81,813,406$38,649,536$640,890,794
91$950,135,438$85,620,982$39,743,015$704,722,786
92$1,046,841,633$89,608,790$40,866,786$775,004,802
93$1,153,405,319$93,785,461$42,021,663$852,392,202
94$1,270,831,755$98,160,042$43,208,482$937,607,079
95$1,400,228,729$102,742,019$44,428,102$1,031,445,066
96$1,542,817,017$107,541,335$45,681,400$1,134,782,828
97$1,699,941,906$112,568,414$46,969,281$1,248,586,322
98$1,873,085,897$117,834,183$48,292,668$1,373,919,898
99$2,063,882,697$123,350,097$49,652,511$1,511,956,334
100$2,274,132,645$129,128,164$51,049,783$1,663,987,881