Can I retire at age 45 with 10,900,000?

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$900,112$892,094$884,272$876,637$869,181$839,010
2 years$445,600$437,301$429,258$421,460$413,896$383,810
3 years$294,116$285,781$277,758$270,033$262,593$233,539
4 years$218,389$210,079$202,137$194,544$187,283$159,483
5 years$172,964$164,705$156,867$149,428$142,370$115,896
6 years$142,691$134,494$126,772$119,499$112,652$87,526
7 years$121,076$112,948$105,348$98,247$91,616$67,833
8 years$104,872$96,817$89,343$82,417$76,005$53,544
9 years$92,275$84,297$76,951$70,201$64,007$42,842
10 years$82,204$74,303$67,088$60,514$54,537$34,632
11 years$73,969$66,148$59,063$52,665$46,904$28,218
12 years$67,112$59,371$52,417$46,194$40,646$23,137
13 years$61,314$53,654$46,831$40,783$35,444$19,065
14 years$56,349$48,770$42,078$36,202$31,070$15,773
15 years$52,049$44,552$37,991$32,286$27,356$13,092
16 years$48,291$40,876$34,444$28,909$24,178$10,895
17 years$44,978$37,645$31,343$25,974$21,438$9,087
18 years$42,037$34,786$28,612$23,408$19,061$7,593
19 years$39,408$32,239$26,193$21,151$16,990$6,353
20 years$37,046$29,958$24,039$19,156$15,176$5,323
21 years$34,911$27,905$22,111$17,386$13,580$4,464
22 years$32,972$26,048$20,379$15,808$12,173$3,747
23 years$31,205$24,362$18,816$14,396$10,927$3,148
24 years$29,588$22,826$17,402$13,130$9,822$2,646
25 years$28,102$21,421$16,117$11,991$8,838$2,225
26 years$26,733$20,132$14,948$10,964$7,961$1,872
27 years$25,467$18,947$13,881$10,036$7,177$1,575
28 years$24,294$17,853$12,904$9,195$6,476$1,326
29 years$23,203$16,843$12,008$8,432$5,848$1,117
30 years$22,188$15,906$11,185$7,738$5,284$940
31 years$21,239$15,037$10,428$7,107$4,777$792
32 years$20,352$14,228$9,729$6,532$4,321$667
33 years$19,520$13,474$9,084$6,006$3,911$562
34 years$18,739$12,770$8,488$5,526$3,541$474
35 years$18,004$12,112$7,935$5,087$3,207$399
36 years$17,312$11,496$7,423$4,685$2,906$337
37 years$16,658$10,919$6,948$4,317$2,634$284
38 years$16,041$10,377$6,507$3,979$2,388$239
39 years$15,456$9,867$6,096$3,669$2,165$202
40 years$14,902$9,388$5,714$3,384$1,964$170
41 years$14,376$8,936$5,358$3,122$1,782$143
42 years$13,877$8,511$5,026$2,881$1,617$121
43 years$13,403$8,109$4,716$2,660$1,467$102
44 years$12,951$7,730$4,427$2,456$1,332$86
45 years$12,520$7,371$4,157$2,268$1,209$72
46 years$12,110$7,032$3,904$2,095$1,098$61
47 years$11,718$6,710$3,668$1,936$997$51
48 years$11,343$6,406$3,447$1,789$905$43
49 years$10,985$6,117$3,240$1,653$822$37
50 years$10,642$5,843$3,046$1,528$747$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,900,000, adding $6,711 every year, while hoping to spend $36,760 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: 47/44/9 Blend
44$10,900,000$10,900,000$10,900,000$10,900,000
45$12,018,722$11,441,022$11,272,072$12,553,665
46$13,205,520$11,962,520$11,610,574$13,443,881
47$14,512,138$12,508,339$11,959,184$14,405,075
48$15,950,761$13,079,633$12,318,202$15,447,368
49$17,534,813$13,677,608$12,687,935$16,578,299
50$19,279,085$14,303,533$13,068,703$17,806,144
51$21,199,879$14,958,733$13,460,831$19,139,989
52$23,315,155$15,644,599$13,864,657$20,589,810
53$25,644,705$16,362,589$14,280,528$22,166,562
54$28,210,338$17,114,229$14,708,799$23,882,280
55$31,036,087$17,901,121$15,149,838$25,750,184
56$34,148,434$18,724,941$15,604,023$27,784,800
57$37,576,560$19,587,449$16,071,744$30,002,089
58$41,352,622$20,490,487$16,553,400$32,419,596
59$45,512,054$21,435,986$17,049,404$35,056,602
60$50,093,905$22,425,971$17,560,181$37,934,307
61$55,141,203$23,462,563$18,086,166$41,076,016
62$60,701,363$24,547,986$18,627,810$44,507,357
63$66,826,636$25,684,571$19,185,576$48,256,510
64$73,574,600$26,874,762$19,759,939$52,354,471
65$81,008,702$28,121,119$20,351,391$56,835,328
66$89,198,863$29,426,326$20,960,435$61,736,583
67$98,222,128$30,793,198$21,587,591$67,099,487
68$108,163,404$32,224,683$22,233,394$72,969,428
69$119,116,252$33,723,873$22,898,393$79,396,345
70$131,183,776$35,294,010$23,583,156$86,435,186
71$144,479,595$36,938,489$24,288,265$94,146,422
72$159,128,911$38,660,873$25,014,320$102,596,601
73$175,269,699$40,464,895$25,761,938$111,858,964
74$193,054,000$42,354,467$26,531,756$122,014,127
75$212,649,364$44,333,692$27,324,425$133,150,824
76$234,240,427$46,406,870$28,140,621$145,366,733
77$258,030,654$48,578,510$28,981,036$158,769,383
78$284,244,262$50,853,339$29,846,382$173,477,153
79$313,128,335$53,236,310$30,737,393$189,620,372
80$344,955,154$55,732,618$31,654,825$207,342,534
81$380,024,772$58,347,709$32,599,454$226,801,635
82$418,667,843$61,087,291$33,572,080$248,171,642
83$461,248,745$63,957,350$34,573,526$271,644,121
84$508,169,017$66,964,160$35,604,639$297,430,020
85$559,871,153$70,114,300$36,666,291$325,761,644
86$616,842,777$73,414,668$37,759,379$356,894,817
87$679,621,248$76,872,494$38,884,825$391,111,285
88$748,798,728$80,495,359$40,043,580$428,721,339
89$825,027,779$84,291,212$41,236,620$470,066,726
90$909,027,517$88,268,387$42,464,952$515,523,848
91$1,001,590,407$92,435,620$43,729,611$565,507,281
92$1,103,589,737$96,802,074$45,031,661$620,473,666
93$1,215,987,867$101,377,353$46,372,199$680,925,981
94$1,339,845,315$106,171,528$47,752,353$747,418,266
95$1,476,330,762$111,195,158$49,173,282$820,560,809
96$1,626,732,093$116,459,315$50,636,180$901,025,878
97$1,792,468,552$121,975,606$52,142,277$989,554,030
98$1,975,104,137$127,756,204$53,692,837$1,086,961,057
99$2,176,362,372$133,813,871$55,289,159$1,194,145,654
100$2,398,142,571$140,161,988$56,932,584$1,312,097,853