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

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$891,854$883,910$876,159$868,594$861,207$844,164
2 years$441,512$433,289$425,320$417,593$410,099$393,000
3 years$291,417$283,159$275,210$267,556$260,183$243,562
4 years$216,385$208,152$200,283$192,759$185,565$169,550
5 years$171,377$163,194$155,427$148,057$141,064$125,700
6 years$141,382$133,260$125,608$118,403$111,619$96,923
7 years$119,965$111,911$104,381$97,345$90,776$76,751
8 years$103,910$95,929$88,524$81,661$75,307$61,950
9 years$91,429$83,523$76,245$69,557$63,420$50,721
10 years$81,450$73,622$66,472$59,959$54,037$41,985
11 years$73,291$65,541$58,521$52,182$46,473$35,054
12 years$66,496$58,826$51,936$45,771$40,273$29,469
13 years$60,752$53,162$46,401$40,409$35,119$24,912
14 years$55,832$48,322$41,692$35,870$30,785$21,156
15 years$51,572$44,143$37,642$31,990$27,105$18,035
16 years$47,848$40,501$34,128$28,644$23,956$15,423
17 years$44,566$37,300$31,055$25,736$21,241$13,224
18 years$41,651$34,467$28,349$23,193$18,886$11,364
19 years$39,047$31,943$25,953$20,957$16,834$9,785
20 years$36,706$29,683$23,818$18,981$15,036$8,438
21 years$34,590$27,649$21,908$17,226$13,456$7,287
22 years$32,670$25,809$20,192$15,663$12,061$6,300
23 years$30,919$24,139$18,643$14,264$10,827$5,452
24 years$29,316$22,616$17,242$13,010$9,731$4,723
25 years$27,844$21,224$15,970$11,881$8,757$4,094
26 years$26,487$19,948$14,811$10,864$7,888$3,551
27 years$25,233$18,773$13,753$9,944$7,112$3,082
28 years$24,071$17,690$12,785$9,111$6,417$2,676
29 years$22,991$16,688$11,898$8,355$5,794$2,325
30 years$21,984$15,760$11,082$7,667$5,235$2,020
31 years$21,044$14,899$10,332$7,042$4,733$1,756
32 years$20,165$14,097$9,640$6,472$4,282$1,527
33 years$19,341$13,350$9,001$5,951$3,875$1,328
34 years$18,567$12,653$8,410$5,476$3,508$1,155
35 years$17,839$12,001$7,863$5,041$3,178$1,005
36 years$17,153$11,391$7,355$4,642$2,879$875
37 years$16,505$10,819$6,884$4,277$2,609$761
38 years$15,893$10,282$6,447$3,942$2,366$663
39 years$15,314$9,777$6,040$3,635$2,145$577
40 years$14,765$9,302$5,661$3,353$1,946$502
41 years$14,245$8,854$5,309$3,093$1,765$437
42 years$13,750$8,433$4,980$2,855$1,602$381
43 years$13,280$8,035$4,673$2,635$1,454$331
44 years$12,832$7,659$4,386$2,433$1,320$289
45 years$12,405$7,303$4,118$2,247$1,198$251
46 years$11,998$6,967$3,868$2,076$1,088$219
47 years$11,610$6,649$3,634$1,918$988$191
48 years$11,239$6,347$3,415$1,772$897$166
49 years$10,884$6,061$3,210$1,638$815$145
50 years$10,545$5,790$3,018$1,514$740$126

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 $6,801 every year, while hoping to spend $26,064 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: 55/34/11 Blend
44$10,800,000$10,800,000$10,800,000$10,800,000
45$11,908,615$11,336,215$11,168,815$12,530,177
46$13,095,562$11,863,958$11,515,239$13,479,849
47$14,402,704$12,416,686$11,872,394$14,509,914
48$15,842,273$12,995,597$12,240,612$15,630,841
49$17,427,749$13,601,946$12,620,237$16,851,287
50$19,173,985$14,237,046$13,011,620$18,180,763
51$21,097,348$14,902,278$13,415,126$19,629,723
52$23,215,873$15,599,086$13,831,129$21,209,656
53$25,549,437$16,328,985$14,260,016$22,933,193
54$28,119,938$17,093,564$14,702,185$24,814,220
55$30,951,511$17,894,488$15,158,047$26,868,004
56$34,070,749$18,733,502$15,628,026$29,111,335
57$37,506,959$19,612,437$16,112,558$31,562,677
58$41,292,433$20,533,211$16,612,093$34,242,340
59$45,462,758$21,497,835$17,127,095$37,172,662
60$50,057,149$22,508,419$17,658,043$40,378,218
61$55,118,819$23,567,172$18,205,428$43,886,044
62$60,695,389$24,676,414$18,769,760$47,725,887
63$66,839,334$25,838,573$19,351,562$51,930,480
64$73,608,481$27,056,199$19,951,375$56,535,841
65$81,066,555$28,331,961$20,569,755$61,581,610
66$89,283,777$29,668,661$21,207,275$67,111,413
67$98,337,532$31,069,235$21,864,529$73,173,267
68$108,313,094$32,536,762$22,542,125$79,820,024
69$119,304,436$34,074,469$23,240,692$87,109,863
70$131,415,111$35,685,741$23,960,878$95,106,830
71$144,759,237$37,374,127$24,703,351$103,881,433
72$159,462,567$39,143,346$25,468,801$113,511,296
73$175,663,679$40,997,301$26,257,937$124,081,885
74$193,515,287$42,940,081$27,071,490$135,687,299
75$213,185,677$44,975,976$27,910,216$148,431,155
76$234,860,300$47,109,483$28,774,892$162,427,545
77$258,743,519$49,345,316$29,666,320$177,802,108
78$285,060,542$51,688,421$30,585,325$194,693,199
79$314,059,545$54,143,980$31,532,761$213,253,184
80$346,014,015$56,717,432$32,509,505$233,649,862
81$381,225,333$59,414,475$33,516,462$256,068,037
82$420,025,619$62,241,086$34,554,566$280,711,244
83$462,780,866$65,203,534$35,624,778$307,803,657
84$509,894,397$68,308,389$36,728,090$337,592,186
85$561,810,669$71,562,544$37,865,525$370,348,792
86$619,019,473$74,973,224$39,038,135$406,373,033
87$682,060,554$78,548,007$40,247,008$445,994,876
88$751,528,710$82,294,838$41,493,262$489,577,789
89$828,079,404$86,222,051$42,778,052$537,522,151
90$912,434,955$90,338,383$44,102,568$590,269,012
91$1,005,391,352$94,652,995$45,468,036$648,304,229
92$1,107,825,774$99,175,497$46,875,720$712,163,030
93$1,220,704,870$103,915,963$48,326,923$782,435,042
94$1,345,093,881$108,884,959$49,822,989$859,769,831
95$1,482,166,699$114,093,565$51,365,302$944,883,002
96$1,633,216,953$119,553,400$52,955,290$1,038,562,928
97$1,799,670,214$125,276,648$54,594,423$1,141,678,163
98$1,983,097,459$131,276,087$56,284,220$1,255,185,605
99$2,185,229,901$137,565,116$58,026,242$1,380,139,500
100$2,407,975,331$144,157,788$59,822,102$1,517,701,356