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%16.1%
1 years$875,338$867,541$859,934$852,509$845,259$824,156
2 years$433,336$425,265$417,444$409,860$402,504$381,377
3 years$286,021$277,916$270,114$262,601$255,365$234,875
4 years$212,378$204,297$196,574$189,189$182,129$162,432
5 years$168,204$160,172$152,549$145,316$138,451$119,603
6 years$138,764$130,792$123,282$116,210$109,552$91,571
7 years$117,743$109,839$102,448$95,543$89,095$71,984
8 years$101,985$94,152$86,884$80,148$73,913$57,664
9 years$89,736$81,977$74,833$68,269$62,245$46,844
10 years$79,942$72,258$65,241$58,848$53,036$38,465
11 years$71,933$64,327$57,438$51,216$45,613$31,850
12 years$65,265$57,737$50,974$44,923$39,527$26,550
13 years$59,627$52,177$45,542$39,660$34,468$22,251
14 years$54,798$47,428$40,920$35,206$30,215$18,730
15 years$50,617$43,326$36,945$31,398$26,603$15,823
16 years$46,962$39,751$33,496$28,113$23,512$13,407
17 years$43,741$36,609$30,480$25,259$20,848$11,388
18 years$40,880$33,828$27,824$22,764$18,537$9,693
19 years$38,324$31,352$25,472$20,569$16,522$8,265
20 years$36,026$29,134$23,377$18,629$14,758$7,058
21 years$33,950$27,137$21,502$16,907$13,207$6,035
22 years$32,065$25,331$19,818$15,373$11,838$5,166
23 years$30,346$23,692$18,298$14,000$10,626$4,425
24 years$28,773$22,198$16,923$12,769$9,551$3,794
25 years$27,328$20,831$15,674$11,661$8,595$3,255
26 years$25,997$19,578$14,537$10,662$7,742$2,794
27 years$24,766$18,425$13,499$9,760$6,980$2,400
28 years$23,625$17,362$12,549$8,942$6,298$2,062
29 years$22,565$16,379$11,678$8,200$5,687$1,772
30 years$21,577$15,468$10,877$7,525$5,139$1,523
31 years$20,655$14,623$10,141$6,912$4,646$1,310
32 years$19,792$13,836$9,461$6,352$4,202$1,127
33 years$18,983$13,103$8,834$5,841$3,803$969
34 years$18,223$12,419$8,254$5,374$3,443$834
35 years$17,509$11,779$7,717$4,947$3,119$718
36 years$16,835$11,180$7,219$4,556$2,826$618
37 years$16,200$10,618$6,757$4,198$2,561$532
38 years$15,599$10,091$6,328$3,869$2,322$458
39 years$15,031$9,596$5,928$3,568$2,106$394
40 years$14,492$9,130$5,556$3,291$1,910$339
41 years$13,981$8,690$5,210$3,036$1,733$292
42 years$13,495$8,277$4,887$2,802$1,572$252
43 years$13,034$7,886$4,586$2,587$1,427$217
44 years$12,594$7,517$4,305$2,388$1,295$187
45 years$12,176$7,168$4,042$2,206$1,176$161
46 years$11,776$6,838$3,796$2,037$1,068$138
47 years$11,395$6,526$3,567$1,882$969$119
48 years$11,031$6,230$3,352$1,739$880$103
49 years$10,683$5,949$3,150$1,607$800$88
50 years$10,349$5,683$2,962$1,486$726$76

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 $3,047 every year, while hoping to spend $46,930 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: 29/49/22 Blend
44$10,600,000$10,600,000$10,600,000$10,600,000
45$11,684,343$11,122,543$10,958,243$11,942,565
46$12,826,213$11,617,614$11,275,411$12,637,305
47$14,082,980$12,135,371$11,601,631$13,379,344
48$15,466,316$12,676,876$11,937,157$14,176,157
49$16,989,078$13,243,241$12,282,250$15,032,484
50$18,665,436$13,835,632$12,637,177$15,953,514
51$20,511,001$14,455,269$13,002,214$16,944,926
52$22,542,978$15,103,431$13,377,642$18,012,940
53$24,780,321$15,781,459$13,763,753$19,164,369
54$27,243,920$16,490,756$14,160,844$20,406,677
55$29,956,789$17,232,793$14,569,222$21,748,046
56$32,944,292$18,009,110$14,989,201$23,197,445
57$36,234,375$18,821,322$15,421,105$24,764,707
58$39,857,834$19,671,119$15,865,265$26,460,620
59$43,848,604$20,560,275$16,322,022$28,297,018
60$48,244,079$21,490,646$16,791,727$30,286,884
61$53,085,464$22,464,176$17,274,739$32,444,468
62$58,418,166$23,482,905$17,771,427$34,785,415
63$64,292,220$24,548,969$18,282,171$37,326,897
64$70,762,762$25,664,604$18,807,360$40,087,776
65$77,890,551$26,832,157$19,347,393$43,088,763
66$85,742,539$28,054,084$19,902,683$46,352,613
67$94,392,505$29,332,962$20,473,650$49,904,324
68$103,921,751$30,671,487$21,060,727$53,771,364
69$114,419,868$32,072,488$21,664,360$57,983,918
70$125,985,582$33,538,928$22,285,004$62,575,166
71$138,727,689$35,073,913$22,923,129$67,581,578
72$152,766,076$36,680,697$23,579,216$73,043,252
73$168,232,854$38,362,690$24,253,759$79,004,272
74$185,273,611$40,123,468$24,947,265$85,513,118
75$204,048,776$41,966,774$25,660,256$92,623,104
76$224,735,142$43,896,537$26,393,265$100,392,870
77$247,527,529$45,916,870$27,146,842$108,886,917
78$272,640,625$48,032,085$27,921,549$118,176,198
79$300,311,014$50,246,702$28,717,966$128,338,776
80$330,799,406$52,565,459$29,536,686$139,460,540
81$364,393,099$54,993,319$30,378,319$151,635,994
82$401,408,690$57,535,488$31,243,488$164,969,134
83$442,195,069$60,197,419$32,132,837$179,574,408
84$487,136,703$62,984,829$33,047,024$195,577,773
85$536,657,272$65,903,712$33,986,725$213,117,863
86$591,223,667$68,960,347$34,952,633$232,347,272
87$651,350,396$72,161,319$35,945,462$253,433,975
88$717,604,442$75,513,528$36,965,940$276,562,880
89$790,610,614$79,024,210$38,014,818$301,937,554
90$871,057,447$82,700,947$39,092,864$329,782,112
91$959,703,700$86,551,687$40,200,869$360,343,302
92$1,057,385,520$90,584,762$41,339,641$393,892,809
93$1,165,024,335$94,808,908$42,510,011$430,729,781
94$1,283,635,553$99,233,280$43,712,832$471,183,623
95$1,414,338,145$103,867,476$44,948,977$515,617,067
96$1,558,365,211$108,721,558$46,219,344$564,429,566
97$1,717,075,623$113,806,075$47,524,852$618,061,017
98$1,891,966,847$119,132,083$48,866,445$676,995,881
99$2,084,689,086$124,711,175$50,245,091$741,767,707
100$2,297,060,854$130,555,504$51,661,783$812,964,129