Can I retire at age 45 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$891,854$883,910$876,159$868,594$861,207$830,321
2 years$441,512$433,289$425,320$417,593$410,099$379,315
3 years$291,417$283,159$275,210$267,556$260,183$230,470
4 years$216,385$208,152$200,283$192,759$185,565$157,149
5 years$171,377$163,194$155,427$148,057$141,064$114,020
6 years$141,382$133,260$125,608$118,403$111,619$85,967
7 years$119,965$111,911$104,381$97,345$90,776$66,510
8 years$103,910$95,929$88,524$81,661$75,307$52,407
9 years$91,429$83,523$76,245$69,557$63,420$41,855
10 years$81,450$73,622$66,472$59,959$54,037$33,770
11 years$73,291$65,541$58,521$52,182$46,473$27,463
12 years$66,496$58,826$51,936$45,771$40,273$22,472
13 years$60,752$53,162$46,401$40,409$35,119$18,480
14 years$55,832$48,322$41,692$35,870$30,785$15,256
15 years$51,572$44,143$37,642$31,990$27,105$12,636
16 years$47,848$40,501$34,128$28,644$23,956$10,493
17 years$44,566$37,300$31,055$25,736$21,241$8,732
18 years$41,651$34,467$28,349$23,193$18,886$7,280
19 years$39,047$31,943$25,953$20,957$16,834$6,078
20 years$36,706$29,683$23,818$18,981$15,036$5,081
21 years$34,590$27,649$21,908$17,226$13,456$4,251
22 years$32,670$25,809$20,192$15,663$12,061$3,560
23 years$30,919$24,139$18,643$14,264$10,827$2,983
24 years$29,316$22,616$17,242$13,010$9,731$2,502
25 years$27,844$21,224$15,970$11,881$8,757$2,099
26 years$26,487$19,948$14,811$10,864$7,888$1,761
27 years$25,233$18,773$13,753$9,944$7,112$1,479
28 years$24,071$17,690$12,785$9,111$6,417$1,242
29 years$22,991$16,688$11,898$8,355$5,794$1,043
30 years$21,984$15,760$11,082$7,667$5,235$876
31 years$21,044$14,899$10,332$7,042$4,733$736
32 years$20,165$14,097$9,640$6,472$4,282$619
33 years$19,341$13,350$9,001$5,951$3,875$520
34 years$18,567$12,653$8,410$5,476$3,508$437
35 years$17,839$12,001$7,863$5,041$3,178$368
36 years$17,153$11,391$7,355$4,642$2,879$309
37 years$16,505$10,819$6,884$4,277$2,609$260
38 years$15,893$10,282$6,447$3,942$2,366$218
39 years$15,314$9,777$6,040$3,635$2,145$184
40 years$14,765$9,302$5,661$3,353$1,946$154
41 years$14,245$8,854$5,309$3,093$1,765$130
42 years$13,750$8,433$4,980$2,855$1,602$109
43 years$13,280$8,035$4,673$2,635$1,454$92
44 years$12,832$7,659$4,386$2,433$1,320$77
45 years$12,405$7,303$4,118$2,247$1,198$65
46 years$11,998$6,967$3,868$2,076$1,088$55
47 years$11,610$6,649$3,634$1,918$988$46
48 years$11,239$6,347$3,415$1,772$897$39
49 years$10,884$6,061$3,210$1,638$815$33
50 years$10,545$5,790$3,018$1,514$740$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,800,000, adding $5,527 every year, while hoping to spend $25,358 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: 54/33/13 Blend
44$10,800,000$10,800,000$10,800,000$10,800,000
45$11,907,301$11,334,901$11,167,501$12,509,578
46$13,094,865$11,863,331$11,514,632$13,448,310
47$14,402,711$12,416,803$11,872,541$14,466,329
48$15,843,080$12,996,519$12,241,564$15,573,791
49$17,429,463$13,603,737$12,622,045$16,779,204
50$19,176,723$14,239,776$13,014,339$18,091,919
51$21,101,243$14,906,018$13,418,813$19,522,211
52$23,221,071$15,603,914$13,835,844$21,081,374
53$25,556,097$16,334,984$14,265,822$22,781,823
54$28,128,240$17,100,819$14,709,149$24,637,206
55$30,961,653$17,903,092$15,166,238$26,662,530
56$34,082,950$18,743,552$15,637,515$28,874,297
57$37,521,461$19,624,035$16,123,422$31,290,655
58$41,309,504$20,546,467$16,624,411$33,931,563
59$45,482,695$21,512,866$17,140,950$36,818,976
60$50,080,279$22,525,345$17,673,521$39,977,046
61$55,145,505$23,586,124$18,222,621$43,432,344
62$60,726,030$24,697,528$18,788,763$47,214,104
63$66,874,374$25,861,995$19,372,474$51,354,494
64$73,648,408$27,082,081$19,974,300$55,888,910
65$81,111,908$28,360,466$20,594,802$60,856,309
66$89,335,153$29,699,959$21,234,558$66,299,560
67$98,395,589$31,103,508$21,894,166$72,265,852
68$108,378,560$32,574,200$22,574,241$78,807,122
69$119,378,112$34,115,274$23,275,417$85,980,543
70$131,497,883$35,730,127$23,998,348$93,849,051
71$144,852,083$37,422,319$24,743,708$102,481,932
72$159,566,565$39,195,582$25,512,192$111,955,466
73$175,780,021$41,053,832$26,304,517$122,353,636
74$193,645,286$43,001,173$27,121,421$133,768,912
75$213,330,783$45,041,908$27,963,666$146,303,112
76$235,022,111$47,180,549$28,832,037$160,068,349
77$258,923,799$49,421,830$29,727,344$175,188,082
78$285,261,237$51,770,710$30,650,420$191,798,264
79$314,282,801$54,232,392$31,602,127$210,048,617
80$346,262,199$56,812,332$32,583,351$230,104,026
81$381,501,056$59,516,249$33,595,006$252,146,085
82$420,331,761$62,350,142$34,638,035$276,374,796
83$463,120,601$65,320,299$35,713,410$303,010,437
84$510,271,226$68,433,317$36,822,132$332,295,629
85$562,228,452$71,696,111$37,965,235$364,497,607
86$619,482,467$75,115,934$39,143,783$399,910,725
87$682,573,453$78,700,388$40,358,874$438,859,215
88$752,096,688$82,457,450$41,611,639$481,700,229
89$828,708,166$86,395,482$42,903,246$528,827,186
90$913,130,791$90,523,252$44,234,896$580,673,469
91$1,006,161,196$94,849,956$45,607,829$637,716,490
92$1,108,677,271$99,385,237$47,023,325$700,482,172
93$1,221,646,446$104,139,207$48,482,700$769,549,893
94$1,346,134,826$109,122,471$49,987,313$845,557,923
95$1,483,317,255$114,346,148$51,538,564$929,209,426
96$1,634,488,407$119,821,901$53,137,898$1,021,279,069
97$1,801,075,009$125,561,959$54,786,802$1,122,620,301
98$1,984,649,312$131,579,147$56,486,812$1,234,173,384
99$2,186,943,929$137,886,913$58,239,508$1,356,974,231
100$2,409,868,200$144,499,362$60,046,522$1,492,164,151