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%14.3%
1 years$883,596$875,725$868,047$860,552$853,233$838,064
2 years$437,424$429,277$421,382$413,727$406,301$391,070
3 years$288,719$280,537$272,662$265,079$257,774$242,956
4 years$214,381$206,225$198,428$190,974$183,847$169,555
5 years$169,790$161,683$153,988$146,687$139,757$126,034
6 years$140,073$132,026$124,445$117,306$110,585$97,445
7 years$118,854$110,875$103,415$96,444$89,935$77,382
8 years$102,948$95,041$87,704$80,905$74,610$62,640
9 years$90,582$82,750$75,539$68,913$62,833$51,440
10 years$80,696$72,940$65,857$59,403$53,536$42,710
11 years$72,612$64,934$57,979$51,699$46,043$35,772
12 years$65,881$58,281$51,455$45,347$39,900$30,170
13 years$60,189$52,669$45,972$40,034$34,794$25,589
14 years$55,315$47,875$41,306$35,538$30,500$21,805
15 years$51,094$43,735$37,294$31,694$26,854$18,653
16 years$47,405$40,126$33,812$28,378$23,734$16,007
17 years$44,153$36,954$30,768$25,498$21,044$13,775
18 years$41,266$34,147$28,087$22,979$18,712$11,880
19 years$38,685$31,648$25,712$20,763$16,678$10,267
20 years$36,366$29,408$23,597$18,805$14,897$8,887
21 years$34,270$27,393$21,705$17,067$13,331$7,704
22 years$32,367$25,570$20,005$15,518$11,950$6,686
23 years$30,633$23,915$18,471$14,132$10,727$5,809
24 years$29,045$22,407$17,082$12,889$9,641$5,052
25 years$27,586$21,028$15,822$11,771$8,676$4,396
26 years$26,242$19,763$14,674$10,763$7,815$3,829
27 years$25,000$18,599$13,626$9,852$7,046$3,336
28 years$23,848$17,526$12,667$9,026$6,357$2,909
29 years$22,778$16,534$11,788$8,277$5,741$2,537
30 years$21,781$15,614$10,980$7,596$5,187$2,214
31 years$20,850$14,761$10,236$6,977$4,690$1,933
32 years$19,979$13,967$9,551$6,412$4,242$1,687
33 years$19,162$13,227$8,917$5,896$3,839$1,474
34 years$18,395$12,536$8,332$5,425$3,476$1,287
35 years$17,674$11,890$7,790$4,994$3,148$1,125
36 years$16,994$11,285$7,287$4,599$2,852$983
37 years$16,353$10,718$6,821$4,238$2,585$859
38 years$15,746$10,186$6,387$3,906$2,344$751
39 years$15,172$9,686$5,984$3,602$2,125$656
40 years$14,629$9,216$5,609$3,322$1,928$574
41 years$14,113$8,772$5,259$3,065$1,749$502
42 years$13,623$8,355$4,933$2,828$1,587$439
43 years$13,157$7,960$4,629$2,611$1,440$384
44 years$12,713$7,588$4,345$2,411$1,307$336
45 years$12,290$7,236$4,080$2,226$1,187$293
46 years$11,887$6,903$3,832$2,057$1,078$257
47 years$11,503$6,587$3,600$1,900$979$225
48 years$11,135$6,288$3,383$1,756$889$196
49 years$10,783$6,005$3,180$1,623$807$172
50 years$10,447$5,736$2,990$1,500$733$150

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 $5,055 every year, while hoping to spend $57,066 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: 53/31/16 Blend
44$10,700,000$10,700,000$10,700,000$10,700,000
45$11,796,614$11,229,514$11,063,664$12,370,755
46$12,939,151$11,719,043$11,373,579$13,253,421
47$14,196,314$12,230,645$11,691,964$14,206,839
48$15,579,735$12,765,344$12,019,041$15,242,951
49$17,102,230$13,324,207$12,355,041$16,369,629
50$18,777,920$13,908,356$12,700,197$17,595,523
51$20,622,365$14,518,963$13,054,751$18,930,144
52$22,652,710$15,157,256$13,418,950$20,383,944
53$24,887,847$15,824,522$13,793,045$21,968,418
54$27,348,591$16,522,107$14,177,295$23,696,206
55$30,057,880$17,251,423$14,571,967$25,581,205
56$33,040,988$18,013,947$14,977,333$27,638,704
57$36,325,765$18,811,227$15,393,669$29,885,518
58$39,942,899$19,644,883$15,821,263$32,340,146
59$43,926,205$20,516,613$16,260,407$35,022,937
60$48,312,947$21,428,196$16,711,399$37,956,285
61$53,144,183$22,381,493$17,174,547$41,164,826
62$58,465,161$23,378,457$17,650,164$44,675,674
63$64,325,736$24,421,130$18,138,574$48,518,667
64$70,780,850$25,511,654$18,640,105$52,726,643
65$77,891,043$26,652,271$19,155,094$57,335,747
66$85,723,027$27,845,331$19,683,888$62,385,766
67$94,350,318$29,093,294$20,226,840$67,920,494
68$103,853,924$30,398,739$20,784,313$73,988,145
69$114,323,113$31,764,367$21,356,677$80,641,797
70$125,856,257$33,193,007$21,944,312$87,939,887
71$138,561,756$34,687,624$22,547,607$95,946,756
72$152,559,062$36,251,325$23,166,959$104,733,249
73$167,979,810$37,887,364$23,802,775$114,377,372
74$184,969,055$39,599,149$24,455,473$124,965,026
75$203,686,645$41,390,254$25,125,478$136,590,804
76$224,308,729$43,264,422$25,813,227$149,358,875
77$247,029,415$45,225,574$26,519,166$163,383,962
78$272,062,608$47,277,821$27,243,751$178,792,410
79$299,644,028$49,425,468$27,987,450$195,723,370
80$330,033,430$51,673,027$28,750,741$214,330,103
81$363,517,061$54,025,226$29,534,112$234,781,412
82$400,410,359$56,487,020$30,338,062$257,263,226
83$441,060,932$59,063,601$31,163,104$281,980,343
84$485,851,838$61,760,408$32,009,759$309,158,347
85$535,205,201$64,583,144$32,878,562$339,045,726
86$589,586,197$67,537,783$33,770,059$371,916,206
87$649,507,441$70,630,586$34,684,807$408,071,312
88$715,533,830$73,868,115$35,623,379$447,843,209
89$788,287,875$77,257,247$36,586,357$491,597,811
90$868,455,575$80,805,189$37,574,336$539,738,227
91$956,792,894$84,519,494$38,587,927$592,708,542
92$1,054,132,897$88,408,077$39,627,751$650,997,994
93$1,161,393,616$92,479,236$40,694,443$715,145,572
94$1,279,586,711$96,741,664$41,788,653$785,745,082
95$1,409,827,026$101,204,477$42,911,044$863,450,733
96$1,553,343,112$105,877,225$44,062,293$948,983,292
97$1,711,488,821$110,769,921$45,243,091$1,043,136,860
98$1,885,756,090$115,893,057$46,454,144$1,146,786,348
99$2,077,789,026$121,257,631$47,696,173$1,260,895,708
100$2,289,399,425$126,875,174$48,969,913$1,386,527,011