Can I retire at age 45 with 10,700,000?

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 $10,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$883,596$875,725$868,047$860,552$853,233$839,789
2 years$437,424$429,277$421,382$413,727$406,301$392,792
3 years$288,719$280,537$272,662$265,079$257,774$244,619
4 years$214,381$206,225$198,428$190,974$183,847$171,148
5 years$169,790$161,683$153,988$146,687$139,757$127,551
6 years$140,073$132,026$124,445$117,306$110,585$98,886
7 years$118,854$110,875$103,415$96,444$89,935$78,746
8 years$102,948$95,041$87,704$80,905$74,610$63,929
9 years$90,582$82,750$75,539$68,913$62,833$52,655
10 years$80,696$72,940$65,857$59,403$53,536$43,853
11 years$72,612$64,934$57,979$51,699$46,043$36,845
12 years$65,881$58,281$51,455$45,347$39,900$31,175
13 years$60,189$52,669$45,972$40,034$34,794$26,529
14 years$55,315$47,875$41,306$35,538$30,500$22,682
15 years$51,094$43,735$37,294$31,694$26,854$19,470
16 years$47,405$40,126$33,812$28,378$23,734$16,767
17 years$44,153$36,954$30,768$25,498$21,044$14,480
18 years$41,266$34,147$28,087$22,979$18,712$12,534
19 years$38,685$31,648$25,712$20,763$16,678$10,871
20 years$36,366$29,408$23,597$18,805$14,897$9,446
21 years$34,270$27,393$21,705$17,067$13,331$8,219
22 years$32,367$25,570$20,005$15,518$11,950$7,161
23 years$30,633$23,915$18,471$14,132$10,727$6,246
24 years$29,045$22,407$17,082$12,889$9,641$5,453
25 years$27,586$21,028$15,822$11,771$8,676$4,764
26 years$26,242$19,763$14,674$10,763$7,815$4,166
27 years$25,000$18,599$13,626$9,852$7,046$3,645
28 years$23,848$17,526$12,667$9,026$6,357$3,191
29 years$22,778$16,534$11,788$8,277$5,741$2,794
30 years$21,781$15,614$10,980$7,596$5,187$2,448
31 years$20,850$14,761$10,236$6,977$4,690$2,146
32 years$19,979$13,967$9,551$6,412$4,242$1,881
33 years$19,162$13,227$8,917$5,896$3,839$1,650
34 years$18,395$12,536$8,332$5,425$3,476$1,447
35 years$17,674$11,890$7,790$4,994$3,148$1,270
36 years$16,994$11,285$7,287$4,599$2,852$1,115
37 years$16,353$10,718$6,821$4,238$2,585$978
38 years$15,746$10,186$6,387$3,906$2,344$859
39 years$15,172$9,686$5,984$3,602$2,125$754
40 years$14,629$9,216$5,609$3,322$1,928$662
41 years$14,113$8,772$5,259$3,065$1,749$581
42 years$13,623$8,355$4,933$2,828$1,587$510
43 years$13,157$7,960$4,629$2,611$1,440$448
44 years$12,713$7,588$4,345$2,411$1,307$394
45 years$12,290$7,236$4,080$2,226$1,187$346
46 years$11,887$6,903$3,832$2,057$1,078$304
47 years$11,503$6,587$3,600$1,900$979$267
48 years$11,135$6,288$3,383$1,756$889$234
49 years$10,783$6,005$3,180$1,623$807$206
50 years$10,447$5,736$2,990$1,500$733$181

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,700,000, adding $6,890 every year, while hoping to spend $41,771 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: 59/12/29 Blend
44$10,700,000$10,700,000$10,700,000$10,700,000
45$11,798,507$11,231,407$11,065,557$12,400,938
46$12,957,511$11,737,302$11,391,809$13,319,870
47$14,233,333$12,266,586$11,727,591$14,316,755
48$15,637,845$12,820,360$12,073,177$15,403,336
49$17,184,127$13,399,780$12,428,851$16,588,349
50$18,886,594$14,006,055$12,794,903$17,881,405
51$20,761,127$14,640,453$13,171,633$19,293,079
52$22,825,229$15,304,301$13,559,349$20,835,009
53$25,098,182$15,998,992$13,958,367$22,520,005
54$27,601,237$16,725,983$14,369,013$24,362,164
55$30,357,809$17,486,802$14,791,621$26,377,002
56$33,393,701$18,283,051$15,226,536$28,581,600
57$36,737,345$19,116,407$15,674,111$30,994,763
58$40,420,071$19,988,628$16,134,711$33,637,191
59$44,476,404$20,901,557$16,608,709$36,531,676
60$48,944,388$21,857,124$17,096,492$39,703,311
61$53,865,945$22,857,352$17,598,454$43,179,727
62$59,287,272$23,904,363$18,115,003$46,991,349
63$65,259,275$25,000,377$18,646,556$51,171,681
64$71,838,049$26,147,725$19,193,544$55,757,617
65$79,085,413$27,348,846$19,756,410$60,789,790
66$87,069,483$28,606,298$20,335,609$66,312,947
67$95,865,326$29,922,761$20,931,607$72,376,371
68$105,555,659$31,301,047$21,544,886$79,034,343
69$116,231,637$32,744,099$22,175,940$86,346,647
70$127,993,707$34,255,003$22,825,277$94,379,136
71$140,952,562$35,836,994$23,493,420$103,204,340
72$155,230,179$37,493,463$24,180,906$112,902,158
73$170,960,978$39,227,964$24,888,287$123,560,599
74$188,293,085$41,044,220$25,616,131$135,276,609
75$207,389,729$42,946,137$26,365,022$148,156,985
76$228,430,791$44,937,806$27,135,559$162,319,376
77$251,614,490$47,023,518$27,928,359$177,893,386
78$277,159,265$49,207,768$28,744,056$195,021,795
79$305,305,831$51,495,269$29,583,303$213,861,901
80$336,319,450$53,890,961$30,446,768$234,586,994
81$370,492,440$56,400,024$31,335,140$257,387,993
82$408,146,930$59,027,886$32,249,128$282,475,234
83$449,637,901$61,780,238$33,189,459$310,080,455
84$495,356,542$64,663,044$34,156,880$340,458,973
85$545,733,934$67,682,558$35,152,161$373,892,088
86$601,245,127$70,845,335$36,176,090$410,689,729
87$662,413,622$74,158,249$37,229,481$451,193,374
88$729,816,310$77,628,501$38,313,168$495,779,265
89$804,088,922$81,263,647$39,428,007$544,861,948
90$885,932,028$85,071,601$40,574,881$598,898,182
91$976,117,651$89,060,666$41,754,696$658,391,237
92$1,075,496,555$93,239,542$42,968,382$723,895,638
93$1,185,006,277$97,617,352$44,216,896$796,022,388
94$1,305,679,976$102,203,662$45,501,220$875,444,725
95$1,438,656,189$107,008,496$46,822,366$962,904,469
96$1,585,189,576$112,042,369$48,181,372$1,059,219,010
97$1,746,662,769$117,316,300$49,579,303$1,165,289,014
98$1,924,599,418$122,841,846$51,017,257$1,282,106,913
99$2,120,678,583$128,631,120$52,496,359$1,410,766,259
100$2,336,750,578$134,696,825$54,017,767$1,552,472,037