Can I retire at age 45 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$875,338$867,541$859,934$852,509$845,259$819,186
2 years$433,336$425,265$417,444$409,860$402,504$376,464
3 years$286,021$277,916$270,114$262,601$255,365$230,175
4 years$212,378$204,297$196,574$189,189$182,129$157,981
5 years$168,204$160,172$152,549$145,316$138,451$115,411
6 years$138,764$130,792$123,282$116,210$109,552$87,639
7 years$117,743$109,839$102,448$95,543$89,095$68,309
8 years$101,985$94,152$86,884$80,148$73,913$54,240
9 years$89,736$81,977$74,833$68,269$62,245$43,664
10 years$79,942$72,258$65,241$58,848$53,036$35,519
11 years$71,933$64,327$57,438$51,216$45,613$29,130
12 years$65,265$57,737$50,974$44,923$39,527$24,043
13 years$59,627$52,177$45,542$39,660$34,468$19,947
14 years$54,798$47,428$40,920$35,206$30,215$16,618
15 years$50,617$43,326$36,945$31,398$26,603$13,891
16 years$46,962$39,751$33,496$28,113$23,512$11,644
17 years$43,741$36,609$30,480$25,259$20,848$9,783
18 years$40,880$33,828$27,824$22,764$18,537$8,235
19 years$38,324$31,352$25,472$20,569$16,522$6,944
20 years$36,026$29,134$23,377$18,629$14,758$5,862
21 years$33,950$27,137$21,502$16,907$13,207$4,955
22 years$32,065$25,331$19,818$15,373$11,838$4,192
23 years$30,346$23,692$18,298$14,000$10,626$3,549
24 years$28,773$22,198$16,923$12,769$9,551$3,007
25 years$27,328$20,831$15,674$11,661$8,595$2,549
26 years$25,997$19,578$14,537$10,662$7,742$2,162
27 years$24,766$18,425$13,499$9,760$6,980$1,834
28 years$23,625$17,362$12,549$8,942$6,298$1,557
29 years$22,565$16,379$11,678$8,200$5,687$1,321
30 years$21,577$15,468$10,877$7,525$5,139$1,122
31 years$20,655$14,623$10,141$6,912$4,646$953
32 years$19,792$13,836$9,461$6,352$4,202$810
33 years$18,983$13,103$8,834$5,841$3,803$688
34 years$18,223$12,419$8,254$5,374$3,443$585
35 years$17,509$11,779$7,717$4,947$3,119$497
36 years$16,835$11,180$7,219$4,556$2,826$422
37 years$16,200$10,618$6,757$4,198$2,561$359
38 years$15,599$10,091$6,328$3,869$2,322$305
39 years$15,031$9,596$5,928$3,568$2,106$259
40 years$14,492$9,130$5,556$3,291$1,910$220
41 years$13,981$8,690$5,210$3,036$1,733$187
42 years$13,495$8,277$4,887$2,802$1,572$159
43 years$13,034$7,886$4,586$2,587$1,427$135
44 years$12,594$7,517$4,305$2,388$1,295$115
45 years$12,176$7,168$4,042$2,206$1,176$98
46 years$11,776$6,838$3,796$2,037$1,068$83
47 years$11,395$6,526$3,567$1,882$969$71
48 years$11,031$6,230$3,352$1,739$880$60
49 years$10,683$5,949$3,150$1,607$800$51
50 years$10,349$5,683$2,962$1,486$726$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,600,000, adding $2,389 every year, while hoping to spend $34,865 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: 62/13/25 Blend
44$10,600,000$10,600,000$10,600,000$10,600,000
45$11,683,664$11,121,864$10,957,564$12,330,404
46$12,838,302$11,629,740$11,287,547$13,276,902
47$14,109,544$12,161,332$11,627,415$14,305,863
48$15,509,248$12,717,767$11,977,463$15,428,615
49$17,050,478$13,300,225$12,337,995$16,654,324
50$18,747,631$13,909,940$12,709,322$17,993,076
51$20,616,570$14,548,209$13,091,766$19,455,968
52$22,674,777$15,216,388$13,485,657$21,055,215
53$24,941,514$15,915,900$13,891,336$22,804,260
54$27,438,006$16,648,237$14,309,153$24,717,898
55$30,187,643$17,414,960$14,739,469$26,812,418
56$33,216,197$18,217,708$15,182,657$29,105,747
57$36,552,071$19,058,198$15,639,098$31,617,624
58$40,226,560$19,938,228$16,109,185$34,369,779
59$44,274,152$20,859,683$16,593,326$37,386,137
60$48,732,850$21,824,542$17,091,936$40,693,040
61$53,644,531$22,834,874$17,605,446$44,319,495
62$59,055,342$23,892,853$18,134,298$48,297,441
63$65,016,137$25,000,752$18,678,947$52,662,052
64$71,582,953$26,160,960$19,239,862$57,452,062
65$78,817,542$27,375,975$19,817,525$62,710,128
66$86,787,953$28,648,419$20,412,434$68,483,228
67$95,569,174$29,981,041$21,025,100$74,823,105
68$105,243,837$31,376,719$21,656,048$81,786,747
69$115,903,004$32,838,474$22,305,821$89,436,921
70$127,647,021$34,369,470$22,974,977$97,842,765
71$140,586,469$35,973,026$23,664,090$107,080,431
72$154,843,202$37,652,618$24,373,751$117,233,805
73$170,551,506$39,411,893$25,104,569$128,395,287
74$187,859,357$41,254,673$25,857,169$140,666,667
75$206,929,823$43,184,964$26,632,196$154,160,071
76$227,942,605$45,206,967$27,430,315$168,999,023
77$251,095,728$47,325,086$28,252,207$185,319,598
78$276,607,413$49,543,936$29,098,577$203,271,705
79$304,718,138$51,868,357$29,970,148$223,020,496
80$335,692,904$54,303,423$30,867,664$244,747,915
81$369,823,743$56,854,453$31,791,894$268,654,412
82$407,432,467$59,527,024$32,743,624$294,960,829
83$448,873,712$62,326,981$33,723,669$323,910,473
84$494,538,283$65,260,456$34,732,865$355,771,410
85$544,856,843$68,333,873$35,772,071$390,838,986
86$600,303,979$71,553,971$36,842,173$429,438,605
87$661,402,683$74,927,814$37,944,084$471,928,796
88$728,729,287$78,462,807$39,078,741$518,704,584
89$802,918,906$82,166,716$40,247,111$570,201,214
90$884,671,432$86,047,682$41,450,186$626,898,247
91$974,758,142$90,114,242$42,688,991$689,324,080
92$1,074,028,978$94,375,346$43,964,578$758,060,921
93$1,183,420,573$98,840,377$45,278,030$833,750,273
94$1,303,965,090$103,519,174$46,630,463$917,098,983
95$1,436,799,970$108,422,055$48,023,025$1,008,885,900
96$1,583,178,667$113,559,836$49,456,896$1,109,969,213
97$1,744,482,482$118,943,858$50,933,293$1,221,294,544
98$1,922,233,603$124,586,015$52,453,466$1,343,903,859
99$2,118,109,476$130,498,776$54,018,703$1,478,945,289
100$2,333,958,642$136,695,215$55,630,329$1,627,683,957