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%16.9%
1 years$883,596$875,725$868,047$860,552$853,233$829,245
2 years$437,424$429,277$421,382$413,727$406,301$382,317
3 years$288,719$280,537$272,662$265,079$257,774$234,544
4 years$214,381$206,225$198,428$190,974$183,847$161,549
5 years$169,790$161,683$153,988$146,687$139,757$118,454
6 years$140,073$132,026$124,445$117,306$110,585$90,296
7 years$118,854$110,875$103,415$96,444$89,935$70,660
8 years$102,948$95,041$87,704$80,905$74,610$56,338
9 years$90,582$82,750$75,539$68,913$62,833$45,547
10 years$80,696$72,940$65,857$59,403$53,536$37,213
11 years$72,612$64,934$57,979$51,699$46,043$30,657
12 years$65,881$58,281$51,455$45,347$39,900$25,421
13 years$60,189$52,669$45,972$40,034$34,794$21,190
14 years$55,315$47,875$41,306$35,538$30,500$17,739
15 years$51,094$43,735$37,294$31,694$26,854$14,902
16 years$47,405$40,126$33,812$28,378$23,734$12,554
17 years$44,153$36,954$30,768$25,498$21,044$10,602
18 years$41,266$34,147$28,087$22,979$18,712$8,971
19 years$38,685$31,648$25,712$20,763$16,678$7,604
20 years$36,366$29,408$23,597$18,805$14,897$6,454
21 years$34,270$27,393$21,705$17,067$13,331$5,484
22 years$32,367$25,570$20,005$15,518$11,950$4,665
23 years$30,633$23,915$18,471$14,132$10,727$3,972
24 years$29,045$22,407$17,082$12,889$9,641$3,384
25 years$27,586$21,028$15,822$11,771$8,676$2,884
26 years$26,242$19,763$14,674$10,763$7,815$2,460
27 years$25,000$18,599$13,626$9,852$7,046$2,099
28 years$23,848$17,526$12,667$9,026$6,357$1,792
29 years$22,778$16,534$11,788$8,277$5,741$1,530
30 years$21,781$15,614$10,980$7,596$5,187$1,307
31 years$20,850$14,761$10,236$6,977$4,690$1,116
32 years$19,979$13,967$9,551$6,412$4,242$954
33 years$19,162$13,227$8,917$5,896$3,839$815
34 years$18,395$12,536$8,332$5,425$3,476$697
35 years$17,674$11,890$7,790$4,994$3,148$596
36 years$16,994$11,285$7,287$4,599$2,852$509
37 years$16,353$10,718$6,821$4,238$2,585$435
38 years$15,746$10,186$6,387$3,906$2,344$372
39 years$15,172$9,686$5,984$3,602$2,125$318
40 years$14,629$9,216$5,609$3,322$1,928$272
41 years$14,113$8,772$5,259$3,065$1,749$233
42 years$13,623$8,355$4,933$2,828$1,587$199
43 years$13,157$7,960$4,629$2,611$1,440$170
44 years$12,713$7,588$4,345$2,411$1,307$146
45 years$12,290$7,236$4,080$2,226$1,187$125
46 years$11,887$6,903$3,832$2,057$1,078$107
47 years$11,503$6,587$3,600$1,900$979$91
48 years$11,135$6,288$3,383$1,756$889$78
49 years$10,783$6,005$3,180$1,623$807$67
50 years$10,447$5,736$2,990$1,500$733$57

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 $6,173 every year, while hoping to spend $45,007 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: 79/7/14 Blend
44$10,700,000$10,700,000$10,700,000$10,700,000
45$11,797,767$11,230,667$11,064,817$12,695,972
46$12,953,253$11,733,083$11,387,602$13,790,323
47$14,225,089$12,258,609$11,719,691$14,984,331
48$15,625,096$12,808,329$12,061,349$16,293,088
49$17,166,300$13,383,381$12,412,848$17,728,056
50$18,863,050$13,984,954$12,774,466$19,301,856
51$20,731,162$14,614,297$13,146,491$21,028,389
52$22,788,059$15,272,717$13,529,217$22,922,963
53$25,052,943$15,961,582$13,922,948$25,002,439
54$27,546,971$16,682,327$14,327,994$27,285,386
55$30,293,456$17,436,455$14,744,677$29,792,259
56$33,318,089$18,225,542$15,173,324$32,545,584
57$36,649,178$19,051,237$15,614,274$35,570,177
58$40,317,916$19,915,269$16,067,873$38,893,373
59$44,358,676$20,819,451$16,534,480$42,545,279
60$48,809,337$21,765,679$17,014,461$46,559,066
61$53,711,636$22,755,945$17,508,192$50,971,269
62$59,111,568$23,792,331$18,016,062$55,822,141
63$65,059,815$24,877,022$18,538,467$61,156,021
64$71,612,228$26,012,308$19,075,818$67,021,761
65$78,830,351$27,200,587$19,628,533$73,473,176
66$86,782,003$28,444,372$20,197,045$80,569,555
67$95,541,919$29,746,298$20,781,798$88,376,220
68$105,192,453$31,109,124$21,383,246$96,965,134
69$115,824,357$32,535,745$22,001,859$106,415,586
70$127,537,637$34,029,192$22,638,116$116,814,930
71$140,442,496$35,592,643$23,292,513$128,259,413
72$154,660,375$37,229,427$23,965,557$140,855,076
73$170,325,100$38,943,035$24,657,770$154,718,758
74$187,584,141$40,737,125$25,369,686$169,979,191
75$206,600,010$42,615,531$26,101,857$186,778,214
76$227,551,790$44,582,270$26,854,848$205,272,111
77$250,636,826$46,641,555$27,629,239$225,633,081
78$276,072,591$48,797,800$28,425,627$248,050,862
79$304,098,734$51,055,631$29,244,625$272,734,516
80$334,979,346$53,419,898$30,086,861$299,914,403
81$369,005,451$55,895,685$30,952,982$329,844,349
82$406,497,751$58,488,318$31,843,652$362,804,040
83$447,809,660$61,203,384$32,759,552$399,101,659
84$493,330,631$64,046,735$33,701,383$439,076,789
85$543,489,839$67,024,509$34,669,863$483,103,614
86$598,760,231$70,143,138$35,665,731$531,594,453
87$659,662,986$73,409,364$36,689,745$585,003,640
88$726,772,443$76,830,255$37,742,684$643,831,814
89$800,721,515$80,413,220$38,825,347$708,630,637
90$882,207,669$84,166,027$39,938,555$780,007,999
91$971,999,506$88,096,817$41,083,151$858,633,750
92$1,070,944,019$92,214,125$42,260,001$945,246,017
93$1,179,974,591$96,526,899$43,469,993$1,040,658,170
94$1,300,119,801$101,044,519$44,714,039$1,145,766,492
95$1,432,513,139$105,776,818$45,993,077$1,261,558,633
96$1,578,403,702$110,734,105$47,308,068$1,389,122,931
97$1,739,167,990$115,927,187$48,659,999$1,529,658,675
98$1,916,322,900$121,367,394$50,049,884$1,684,487,424
99$2,111,540,043$127,066,604$51,478,762$1,855,065,473
100$2,326,661,530$133,037,269$52,947,703$2,042,997,596