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%12.3%
1 years$883,596$875,725$868,047$860,552$853,233$845,026
2 years$437,424$429,277$421,382$413,727$406,301$398,034
3 years$288,719$280,537$272,662$265,079$257,774$249,703
4 years$214,381$206,225$198,428$190,974$183,847$176,033
5 years$169,790$161,683$153,988$146,687$139,757$132,225
6 years$140,073$132,026$124,445$117,306$110,585$103,343
7 years$118,854$110,875$103,415$96,444$89,935$82,987
8 years$102,948$95,041$87,704$80,905$74,610$67,955
9 years$90,582$82,750$75,539$68,913$62,833$56,468
10 years$80,696$72,940$65,857$59,403$53,536$47,459
11 years$72,612$64,934$57,979$51,699$46,043$40,248
12 years$65,881$58,281$51,455$45,347$39,900$34,382
13 years$60,189$52,669$45,972$40,034$34,794$29,546
14 years$55,315$47,875$41,306$35,538$30,500$25,515
15 years$51,094$43,735$37,294$31,694$26,854$22,126
16 years$47,405$40,126$33,812$28,378$23,734$19,253
17 years$44,153$36,954$30,768$25,498$21,044$16,804
18 years$41,266$34,147$28,087$22,979$18,712$14,703
19 years$38,685$31,648$25,712$20,763$16,678$12,893
20 years$36,366$29,408$23,597$18,805$14,897$11,327
21 years$34,270$27,393$21,705$17,067$13,331$9,967
22 years$32,367$25,570$20,005$15,518$11,950$8,783
23 years$30,633$23,915$18,471$14,132$10,727$7,749
24 years$29,045$22,407$17,082$12,889$9,641$6,845
25 years$27,586$21,028$15,822$11,771$8,676$6,051
26 years$26,242$19,763$14,674$10,763$7,815$5,354
27 years$25,000$18,599$13,626$9,852$7,046$4,741
28 years$23,848$17,526$12,667$9,026$6,357$4,201
29 years$22,778$16,534$11,788$8,277$5,741$3,724
30 years$21,781$15,614$10,980$7,596$5,187$3,303
31 years$20,850$14,761$10,236$6,977$4,690$2,931
32 years$19,979$13,967$9,551$6,412$4,242$2,602
33 years$19,162$13,227$8,917$5,896$3,839$2,311
34 years$18,395$12,536$8,332$5,425$3,476$2,053
35 years$17,674$11,890$7,790$4,994$3,148$1,824
36 years$16,994$11,285$7,287$4,599$2,852$1,621
37 years$16,353$10,718$6,821$4,238$2,585$1,441
38 years$15,746$10,186$6,387$3,906$2,344$1,281
39 years$15,172$9,686$5,984$3,602$2,125$1,139
40 years$14,629$9,216$5,609$3,322$1,928$1,013
41 years$14,113$8,772$5,259$3,065$1,749$901
42 years$13,623$8,355$4,933$2,828$1,587$802
43 years$13,157$7,960$4,629$2,611$1,440$714
44 years$12,713$7,588$4,345$2,411$1,307$635
45 years$12,290$7,236$4,080$2,226$1,187$565
46 years$11,887$6,903$3,832$2,057$1,078$503
47 years$11,503$6,587$3,600$1,900$979$447
48 years$11,135$6,288$3,383$1,756$889$398
49 years$10,783$6,005$3,180$1,623$807$355
50 years$10,447$5,736$2,990$1,500$733$316

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 $3,095 every year, while hoping to spend $55,526 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: 35/41/24 Blend
44$10,700,000$10,700,000$10,700,000$10,700,000
45$11,794,592$11,227,492$11,061,642$12,121,533
46$12,938,562$11,718,560$11,373,128$12,855,201
47$14,197,355$12,231,830$11,693,188$13,640,975
48$15,582,625$12,768,329$12,022,050$14,487,711
49$17,107,213$13,329,138$12,359,949$15,400,881
50$18,785,266$13,915,383$12,707,124$16,386,489
51$20,632,374$14,528,248$13,063,824$17,451,115
52$22,665,714$15,168,969$13,430,300$18,601,982
53$24,904,213$15,838,845$13,806,811$19,847,010
54$27,368,726$16,539,232$14,193,623$21,194,895
55$30,082,235$17,271,553$14,591,008$22,655,179
56$33,070,062$18,037,298$14,999,245$24,238,339
57$36,360,109$18,838,026$15,418,621$25,955,880
58$39,983,123$19,675,373$15,849,428$27,820,435
59$43,972,985$20,551,049$16,291,967$29,845,884
60$48,367,028$21,466,849$16,746,546$32,047,474
61$53,206,390$22,424,650$17,213,480$34,441,959
62$58,536,403$23,426,419$17,693,094$37,047,748
63$64,407,022$24,474,219$18,185,717$39,885,080
64$70,873,290$25,570,208$18,691,691$42,976,196
65$77,995,865$26,716,648$19,211,363$46,345,553
66$85,841,589$27,915,909$19,745,088$50,020,038
67$94,484,116$29,170,473$20,293,233$54,029,219
68$104,004,611$30,482,941$20,856,172$58,405,612
69$114,492,514$31,856,039$21,434,287$63,184,983
70$126,046,386$33,292,620$22,027,971$68,406,670
71$138,774,836$34,795,677$22,637,626$74,113,952
72$152,797,546$36,368,342$23,263,664$80,354,439
73$168,246,405$38,013,900$23,906,506$87,180,518
74$185,266,747$39,735,790$24,566,583$94,649,832
75$204,018,730$41,537,619$25,244,338$102,825,814
76$224,678,841$43,423,162$25,940,223$111,778,271
77$247,441,564$45,396,378$26,654,702$121,584,035
78$272,521,217$47,461,415$27,388,249$132,327,668
79$300,153,975$49,622,617$28,141,348$144,102,254
80$330,600,094$51,884,540$28,914,498$157,010,255
81$364,146,377$54,251,955$29,708,206$171,164,470
82$401,108,869$56,729,863$30,522,994$186,689,078
83$441,835,853$59,323,505$31,359,392$203,720,798
84$486,711,125$62,038,372$32,217,948$222,410,159
85$536,157,628$64,880,221$33,099,217$242,922,902
86$590,641,437$67,855,082$34,003,771$265,441,528
87$650,676,159$70,969,276$34,932,193$290,167,001
88$716,827,786$74,229,430$35,885,080$317,320,620
89$789,720,032$77,642,484$36,863,043$347,146,091
90$870,040,226$81,215,716$37,866,705$379,911,800
91$958,545,795$84,956,752$38,896,706$415,913,327
92$1,056,071,418$88,873,585$39,953,697$455,476,206
93$1,163,536,904$92,974,592$41,038,348$498,958,978
94$1,281,955,875$97,268,554$42,151,340$546,756,542
95$1,412,445,335$101,764,674$43,293,370$599,303,859
96$1,556,236,213$106,472,597$44,465,152$657,080,023
97$1,714,684,987$111,402,435$45,667,415$720,612,758
98$1,889,286,486$116,564,784$46,900,903$790,483,363
99$2,081,688,001$121,970,752$48,166,377$867,332,164
100$2,293,704,841$127,631,983$49,464,615$951,864,528