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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.8%
1 years$883,596$875,725$868,047$860,552$853,233$846,791
2 years$437,424$429,277$421,382$413,727$406,301$399,807
3 years$288,719$280,537$272,662$265,079$257,774$251,428
4 years$214,381$206,225$198,428$190,974$183,847$177,698
5 years$169,790$161,683$153,988$146,687$139,757$133,824
6 years$140,073$132,026$124,445$117,306$110,585$104,875
7 years$118,854$110,875$103,415$96,444$89,935$84,450
8 years$102,948$95,041$87,704$80,905$74,610$69,351
9 years$90,582$82,750$75,539$68,913$62,833$57,797
10 years$80,696$72,940$65,857$59,403$53,536$48,722
11 years$72,612$64,934$57,979$51,699$46,043$41,447
12 years$65,881$58,281$51,455$45,347$39,900$35,517
13 years$60,189$52,669$45,972$40,034$34,794$30,620
14 years$55,315$47,875$41,306$35,538$30,500$26,530
15 years$51,094$43,735$37,294$31,694$26,854$23,083
16 years$47,405$40,126$33,812$28,378$23,734$20,155
17 years$44,153$36,954$30,768$25,498$21,044$17,652
18 years$41,266$34,147$28,087$22,979$18,712$15,500
19 years$38,685$31,648$25,712$20,763$16,678$13,641
20 years$36,366$29,408$23,597$18,805$14,897$12,028
21 years$34,270$27,393$21,705$17,067$13,331$10,623
22 years$32,367$25,570$20,005$15,518$11,950$9,397
23 years$30,633$23,915$18,471$14,132$10,727$8,322
24 years$29,045$22,407$17,082$12,889$9,641$7,379
25 years$27,586$21,028$15,822$11,771$8,676$6,549
26 years$26,242$19,763$14,674$10,763$7,815$5,818
27 years$25,000$18,599$13,626$9,852$7,046$5,172
28 years$23,848$17,526$12,667$9,026$6,357$4,601
29 years$22,778$16,534$11,788$8,277$5,741$4,095
30 years$21,781$15,614$10,980$7,596$5,187$3,647
31 years$20,850$14,761$10,236$6,977$4,690$3,250
32 years$19,979$13,967$9,551$6,412$4,242$2,897
33 years$19,162$13,227$8,917$5,896$3,839$2,583
34 years$18,395$12,536$8,332$5,425$3,476$2,304
35 years$17,674$11,890$7,790$4,994$3,148$2,056
36 years$16,994$11,285$7,287$4,599$2,852$1,835
37 years$16,353$10,718$6,821$4,238$2,585$1,638
38 years$15,746$10,186$6,387$3,906$2,344$1,463
39 years$15,172$9,686$5,984$3,602$2,125$1,306
40 years$14,629$9,216$5,609$3,322$1,928$1,167
41 years$14,113$8,772$5,259$3,065$1,749$1,042
42 years$13,623$8,355$4,933$2,828$1,587$931
43 years$13,157$7,960$4,629$2,611$1,440$832
44 years$12,713$7,588$4,345$2,411$1,307$744
45 years$12,290$7,236$4,080$2,226$1,187$665
46 years$11,887$6,903$3,832$2,057$1,078$594
47 years$11,503$6,587$3,600$1,900$979$531
48 years$11,135$6,288$3,383$1,756$889$475
49 years$10,783$6,005$3,180$1,623$807$424
50 years$10,447$5,736$2,990$1,500$733$380

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 $4,415 every year, while hoping to spend $59,657 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: 48/35/17 Blend
44$10,700,000$10,700,000$10,700,000$10,700,000
45$11,795,954$11,228,854$11,063,004$12,305,649
46$12,935,667$11,715,593$11,370,140$13,146,065
47$14,189,631$12,224,183$11,685,566$14,051,653
48$15,569,437$12,755,632$12,009,496$15,033,697
49$17,087,855$13,310,994$12,342,150$16,099,380
50$18,758,958$13,891,374$12,683,754$17,256,589
51$20,598,250$14,497,930$13,034,538$18,513,991
52$22,622,815$15,131,872$13,394,738$19,881,110
53$24,851,477$15,794,469$13,764,597$21,368,410
54$27,304,979$16,487,048$14,144,361$22,987,396
55$30,006,175$17,211,002$14,534,286$24,750,712
56$32,980,249$17,967,786$14,934,629$26,672,260
57$36,254,953$18,758,926$15,345,658$28,767,326
58$39,860,865$19,586,019$15,767,644$31,052,719
59$43,831,678$20,450,740$16,200,865$33,546,926
60$48,204,522$21,354,839$16,645,607$36,270,279
61$53,020,310$22,300,152$17,102,161$39,245,146
62$58,324,124$23,288,602$17,570,826$42,496,131
63$64,165,643$24,322,202$18,051,907$46,050,306
64$70,599,609$25,403,060$18,545,716$49,937,458
65$77,686,346$26,533,387$19,052,574$54,190,360
66$85,492,325$27,715,495$19,572,808$58,845,084
67$94,090,796$28,951,808$20,106,751$63,941,322
68$103,562,477$30,244,866$20,654,746$69,522,763
69$113,996,313$31,597,328$21,217,144$75,637,496
70$125,490,320$33,011,980$21,794,301$82,338,452
71$138,152,507$34,491,742$22,386,584$89,683,900
72$152,101,895$36,039,669$22,994,368$97,737,987
73$167,469,643$37,658,968$23,618,033$106,571,332
74$184,400,281$39,352,992$24,257,972$116,261,690
75$203,053,080$41,125,259$24,914,585$126,894,668
76$223,603,550$42,979,452$25,588,279$138,564,529
77$246,245,097$44,919,430$26,279,471$151,375,068
78$271,190,853$46,949,239$26,988,590$165,440,583
79$298,675,682$49,073,113$27,716,069$180,886,941
80$328,958,399$51,295,493$28,462,355$197,852,752
81$362,324,214$53,621,031$29,227,903$216,490,669
82$399,087,422$56,054,600$30,013,175$236,968,814
83$439,594,371$58,601,307$30,818,648$259,472,349
84$484,226,729$61,266,503$31,644,806$284,205,213
85$533,405,091$64,055,797$32,492,142$311,392,027
86$587,592,943$66,975,064$33,361,162$341,280,206
87$647,301,043$70,030,462$34,252,380$374,142,271
88$713,092,239$73,228,443$35,166,324$410,278,408
89$785,586,780$76,575,770$36,103,529$450,019,282
90$865,468,178$80,079,529$37,064,543$493,729,142
91$953,489,652$83,747,146$38,049,925$541,809,234
92$1,050,481,243$87,586,403$39,060,244$594,701,577
93$1,157,357,649$91,605,456$40,096,082$652,893,106
94$1,275,126,860$95,812,854$41,158,031$716,920,250
95$1,404,899,670$100,217,554$42,246,695$787,373,970
96$1,547,900,167$104,828,945$43,362,691$864,905,317
97$1,705,477,288$109,656,867$44,506,645$950,231,546
98$1,879,117,552$114,711,634$45,679,198$1,044,142,868
99$2,070,459,092$120,004,054$46,881,001$1,147,509,872
100$2,281,307,124$125,545,457$48,112,719$1,261,291,722