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%15.2%
1 years$867,080$859,357$851,821$844,466$837,285$819,375
2 years$429,248$421,253$413,506$405,993$398,707$380,750
3 years$283,323$275,294$267,565$260,124$252,956$235,513
4 years$210,374$202,370$194,719$187,405$180,410$163,616
5 years$166,617$158,661$151,110$143,945$137,145$121,046
6 years$137,455$129,558$122,119$115,114$108,518$93,132
7 years$116,633$108,803$101,482$94,641$88,254$73,583
8 years$101,023$93,264$86,065$79,392$73,216$59,255
9 years$88,889$81,203$74,127$67,625$61,658$48,398
10 years$79,187$71,577$64,626$58,293$52,536$39,963
11 years$71,255$63,720$56,896$50,732$45,183$33,281
12 years$64,649$57,192$50,493$44,499$39,154$27,906
13 years$59,064$51,685$45,113$39,286$34,143$23,529
14 years$54,281$46,980$40,534$34,874$29,930$19,927
15 years$50,139$42,917$36,597$31,101$26,353$16,940
16 years$46,519$39,376$33,180$27,848$23,290$14,446
17 years$43,328$36,264$30,193$25,021$20,651$12,351
18 years$40,494$33,509$27,562$22,549$18,362$10,583
19 years$37,962$31,056$25,232$20,375$16,366$9,085
20 years$35,686$28,859$23,156$18,453$14,619$7,811
21 years$33,630$26,881$21,299$16,748$13,082$6,725
22 years$31,762$25,092$19,631$15,227$11,726$5,796
23 years$30,060$23,468$18,125$13,868$10,526$5,001
24 years$28,502$21,988$16,763$12,648$9,461$4,318
25 years$27,071$20,635$15,526$11,551$8,514$3,731
26 years$25,752$19,393$14,399$10,562$7,669$3,226
27 years$24,532$18,251$13,371$9,668$6,914$2,791
28 years$23,402$17,198$12,430$8,858$6,239$2,415
29 years$22,352$16,225$11,567$8,123$5,633$2,091
30 years$21,373$15,322$10,775$7,454$5,090$1,811
31 years$20,460$14,485$10,045$6,846$4,602$1,569
32 years$19,605$13,706$9,372$6,292$4,163$1,360
33 years$18,804$12,979$8,751$5,786$3,767$1,179
34 years$18,051$12,301$8,176$5,324$3,411$1,022
35 years$17,344$11,668$7,644$4,901$3,089$886
36 years$16,676$11,074$7,151$4,513$2,799$769
37 years$16,047$10,518$6,693$4,158$2,537$667
38 years$15,452$9,996$6,268$3,833$2,300$578
39 years$14,889$9,505$5,872$3,534$2,086$502
40 years$14,355$9,043$5,504$3,260$1,892$435
41 years$13,849$8,608$5,161$3,008$1,716$378
42 years$13,368$8,198$4,841$2,776$1,557$328
43 years$12,911$7,811$4,543$2,562$1,413$284
44 years$12,475$7,446$4,264$2,366$1,283$247
45 years$12,061$7,100$4,004$2,185$1,165$214
46 years$11,665$6,773$3,761$2,018$1,057$186
47 years$11,288$6,464$3,533$1,865$960$161
48 years$10,927$6,171$3,320$1,723$872$140
49 years$10,582$5,893$3,121$1,592$792$122
50 years$10,252$5,629$2,934$1,472$719$105

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 $3,692 every year, while hoping to spend $27,053 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: 54/32/14 Blend
44$10,500,000$10,500,000$10,500,000$10,500,000
45$11,574,808$11,018,308$10,855,558$12,156,966
46$12,726,655$11,529,421$11,190,435$13,064,890
47$13,995,082$12,064,672$11,535,624$14,049,392
48$15,391,955$12,625,215$11,891,441$15,120,360
49$16,930,343$13,212,259$12,258,214$16,286,024
50$18,624,652$13,827,074$12,636,278$17,555,432
51$20,490,754$14,470,988$13,025,981$18,938,525
52$22,546,140$15,145,396$13,427,680$20,446,230
53$24,810,083$15,851,757$13,841,744$22,090,562
54$27,303,821$16,591,603$14,268,552$23,884,727
55$30,050,759$17,366,539$14,708,497$25,843,249
56$33,076,686$18,178,249$15,161,981$27,982,098
57$36,410,021$19,028,496$15,629,420$30,318,837
58$40,082,081$19,919,130$16,111,243$32,872,785
59$44,127,375$20,852,090$16,607,892$35,665,194
60$48,583,933$21,829,407$17,119,822$38,719,442
61$53,493,660$22,853,214$17,647,501$42,061,249
62$58,902,735$23,925,743$18,191,414$45,718,916
63$64,862,046$25,049,337$18,752,059$49,723,583
64$71,427,671$26,226,451$19,329,950$54,109,519
65$78,661,405$27,459,659$19,925,615$58,914,439
66$86,631,346$28,751,659$20,539,600$64,179,851
67$95,412,534$30,105,282$21,172,468$69,951,442
68$105,087,665$31,523,493$21,824,798$76,279,500
69$115,747,865$33,009,402$22,497,187$83,219,386
70$127,493,555$34,566,271$23,190,250$90,832,040
71$140,435,397$36,197,517$23,904,623$99,184,554
72$154,695,338$37,906,726$24,640,959$108,350,796
73$170,407,763$39,697,656$25,399,930$118,412,094
74$187,720,759$41,574,246$26,182,233$129,457,995
75$206,797,521$43,540,628$26,988,582$141,587,103
76$227,817,884$45,601,134$27,819,715$154,907,996
77$250,980,024$47,760,306$28,676,392$169,540,240
78$276,502,332$50,022,906$29,559,396$185,615,505
79$304,625,468$52,393,928$30,469,535$203,278,798
80$335,614,642$54,878,606$31,407,640$222,689,817
81$369,762,108$57,482,431$32,374,569$244,024,445
82$407,389,932$60,211,158$33,371,205$267,476,395
83$448,853,024$63,070,824$34,398,460$293,259,027
84$494,542,495$66,067,757$35,457,271$321,607,343
85$544,889,346$69,208,594$36,548,606$352,780,190
86$600,368,537$72,500,292$37,673,461$387,062,689
87$661,503,469$75,950,148$38,832,864$424,768,903
88$728,870,932$79,565,814$40,027,874$466,244,789
89$803,106,539$83,355,311$41,259,580$511,871,440
90$884,910,739$87,327,054$42,529,108$562,068,665
91$975,055,417$91,489,862$43,837,617$617,298,928
92$1,074,391,192$95,852,988$45,186,299$678,071,692
93$1,183,855,439$100,426,130$46,576,386$744,948,205
94$1,304,481,145$105,219,462$48,009,146$818,546,776
95$1,437,406,655$110,243,649$49,485,886$899,548,580
96$1,583,886,423$115,509,876$51,007,952$988,704,068
97$1,745,302,852$121,029,874$52,576,732$1,086,840,019
98$1,923,179,347$126,815,942$54,193,657$1,194,867,316
99$2,119,194,697$132,880,980$55,860,200$1,313,789,518
100$2,335,198,920$139,238,512$57,577,881$1,444,712,292