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%17.8%
1 years$875,338$867,541$859,934$852,509$845,259$818,529
2 years$433,336$425,265$417,444$409,860$402,504$375,817
3 years$286,021$277,916$270,114$262,601$255,365$229,557
4 years$212,378$204,297$196,574$189,189$182,129$157,398
5 years$168,204$160,172$152,549$145,316$138,451$114,864
6 years$138,764$130,792$123,282$116,210$109,552$87,129
7 years$117,743$109,839$102,448$95,543$89,095$67,834
8 years$101,985$94,152$86,884$80,148$73,913$53,799
9 years$89,736$81,977$74,833$68,269$62,245$43,256
10 years$79,942$72,258$65,241$58,848$53,036$35,144
11 years$71,933$64,327$57,438$51,216$45,613$28,784
12 years$65,265$57,737$50,974$44,923$39,527$23,726
13 years$59,627$52,177$45,542$39,660$34,468$19,658
14 years$54,798$47,428$40,920$35,206$30,215$16,354
15 years$50,617$43,326$36,945$31,398$26,603$13,651
16 years$46,962$39,751$33,496$28,113$23,512$11,427
17 years$43,741$36,609$30,480$25,259$20,848$9,586
18 years$40,880$33,828$27,824$22,764$18,537$8,058
19 years$38,324$31,352$25,472$20,569$16,522$6,784
20 years$36,026$29,134$23,377$18,629$14,758$5,718
21 years$33,950$27,137$21,502$16,907$13,207$4,826
22 years$32,065$25,331$19,818$15,373$11,838$4,076
23 years$30,346$23,692$18,298$14,000$10,626$3,446
24 years$28,773$22,198$16,923$12,769$9,551$2,915
25 years$27,328$20,831$15,674$11,661$8,595$2,467
26 years$25,997$19,578$14,537$10,662$7,742$2,089
27 years$24,766$18,425$13,499$9,760$6,980$1,769
28 years$23,625$17,362$12,549$8,942$6,298$1,499
29 years$22,565$16,379$11,678$8,200$5,687$1,271
30 years$21,577$15,468$10,877$7,525$5,139$1,077
31 years$20,655$14,623$10,141$6,912$4,646$913
32 years$19,792$13,836$9,461$6,352$4,202$775
33 years$18,983$13,103$8,834$5,841$3,803$657
34 years$18,223$12,419$8,254$5,374$3,443$557
35 years$17,509$11,779$7,717$4,947$3,119$473
36 years$16,835$11,180$7,219$4,556$2,826$401
37 years$16,200$10,618$6,757$4,198$2,561$340
38 years$15,599$10,091$6,328$3,869$2,322$289
39 years$15,031$9,596$5,928$3,568$2,106$245
40 years$14,492$9,130$5,556$3,291$1,910$208
41 years$13,981$8,690$5,210$3,036$1,733$177
42 years$13,495$8,277$4,887$2,802$1,572$150
43 years$13,034$7,886$4,586$2,587$1,427$127
44 years$12,594$7,517$4,305$2,388$1,295$108
45 years$12,176$7,168$4,042$2,206$1,176$92
46 years$11,776$6,838$3,796$2,037$1,068$78
47 years$11,395$6,526$3,567$1,882$969$66
48 years$11,031$6,230$3,352$1,739$880$56
49 years$10,683$5,949$3,150$1,607$800$48
50 years$10,349$5,683$2,962$1,486$726$40

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 $5,285 every year, while hoping to spend $23,588 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: 52/38/10 Blend
44$10,600,000$10,600,000$10,600,000$10,600,000
45$11,686,651$11,124,851$10,960,551$12,263,871
46$12,853,592$11,644,872$11,302,633$13,177,511
47$14,138,771$12,189,582$11,655,383$14,167,618
48$15,554,222$12,760,168$12,019,135$15,243,830
49$17,113,208$13,357,872$12,394,231$16,414,278
50$18,830,343$13,983,996$12,781,025$17,687,890
51$20,721,731$14,639,904$13,179,882$19,074,478
52$22,805,117$15,327,029$13,591,178$20,584,820
53$25,100,056$16,046,871$14,015,300$22,230,760
54$27,628,097$16,801,002$14,452,647$24,025,314
55$30,412,984$17,591,073$14,903,633$25,982,789
56$33,480,885$18,418,812$15,368,681$28,118,914
57$36,860,634$19,286,033$15,848,231$30,450,979
58$40,584,006$20,194,635$16,342,733$32,997,997
59$44,686,014$21,146,612$16,852,654$35,780,875
60$49,205,244$22,144,052$17,378,475$38,822,607
61$54,184,215$23,189,147$17,920,690$42,148,481
62$59,669,782$24,284,192$18,479,810$45,786,317
63$65,713,578$25,431,597$19,056,362$49,766,716
64$72,372,503$26,633,884$19,650,890$54,123,347
65$79,709,255$27,893,702$20,263,952$58,893,252
66$87,792,932$29,213,826$20,896,127$64,117,192
67$96,699,674$30,597,166$21,548,010$69,840,021
68$106,513,386$32,046,773$22,220,214$76,111,099
69$117,326,534$33,565,847$22,913,374$82,984,754
70$129,241,009$35,157,743$23,628,140$90,520,778
71$142,369,097$36,825,976$24,365,187$98,784,988
72$156,834,532$38,574,237$25,125,209$107,849,830
73$172,773,672$40,406,392$25,908,921$117,795,057
74$190,336,777$42,326,496$26,717,061$128,708,469
75$209,689,435$44,338,801$27,550,389$140,686,727
76$231,014,121$46,447,766$28,409,690$153,836,255
77$254,511,921$48,658,065$29,295,774$168,274,231
78$280,404,428$50,974,602$30,209,474$184,129,677
79$308,935,838$53,402,516$31,151,649$201,544,665
80$340,375,251$55,947,197$32,123,188$220,675,641
81$375,019,216$58,614,299$33,125,004$241,694,887
82$413,194,525$61,409,748$34,158,040$264,792,127
83$455,261,300$64,339,759$35,223,268$290,176,306
84$501,616,395$67,410,851$36,321,690$318,077,537
85$552,697,142$70,629,856$37,454,341$348,749,260
86$608,985,475$74,003,944$38,622,286$382,470,611
87$671,012,484$77,540,628$39,826,623$419,549,034
88$739,363,428$81,247,789$41,068,486$460,323,166
89$814,683,261$85,133,694$42,349,043$505,166,006
90$897,682,716$89,207,008$43,669,499$554,488,413
91$989,145,022$93,476,820$45,031,096$608,742,958
92$1,089,933,290$97,952,660$46,435,114$668,428,171
93$1,200,998,670$102,644,524$47,882,874$734,093,220
94$1,323,389,322$107,562,894$49,375,738$806,343,062
95$1,458,260,317$112,718,760$50,915,110$885,844,126
96$1,606,884,540$118,123,650$52,502,437$973,330,569
97$1,770,664,707$123,789,653$54,139,212$1,069,611,178
98$1,951,146,606$129,729,445$55,826,975$1,175,576,964
99$2,150,033,693$135,956,320$57,567,311$1,292,209,539
100$2,369,203,172$142,484,222$59,361,858$1,420,590,342