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%11.2%
1 years$900,112$892,094$884,272$876,637$869,181$864,791
2 years$445,600$437,301$429,258$421,460$413,896$409,466
3 years$294,116$285,781$277,758$270,033$262,593$258,259
4 years$218,389$210,079$202,137$194,544$187,283$183,080
5 years$172,964$164,705$156,867$149,428$142,370$138,309
6 years$142,691$134,494$126,772$119,499$112,652$108,739
7 years$121,076$112,948$105,348$98,247$91,616$87,853
8 years$104,872$96,817$89,343$82,417$76,005$72,391
9 years$92,275$84,297$76,951$70,201$64,007$60,542
10 years$82,204$74,303$67,088$60,514$54,537$51,220
11 years$73,969$66,148$59,063$52,665$46,904$43,732
12 years$67,112$59,371$52,417$46,194$40,646$37,616
13 years$61,314$53,654$46,831$40,783$35,444$32,554
14 years$56,349$48,770$42,078$36,202$31,070$28,317
15 years$52,049$44,552$37,991$32,286$27,356$24,736
16 years$48,291$40,876$34,444$28,909$24,178$21,687
17 years$44,978$37,645$31,343$25,974$21,438$19,073
18 years$42,037$34,786$28,612$23,408$19,061$16,818
19 years$39,408$32,239$26,193$21,151$16,990$14,864
20 years$37,046$29,958$24,039$19,156$15,176$13,164
21 years$34,911$27,905$22,111$17,386$13,580$11,678
22 years$32,972$26,048$20,379$15,808$12,173$10,376
23 years$31,205$24,362$18,816$14,396$10,927$9,231
24 years$29,588$22,826$17,402$13,130$9,822$8,222
25 years$28,102$21,421$16,117$11,991$8,838$7,332
26 years$26,733$20,132$14,948$10,964$7,961$6,543
27 years$25,467$18,947$13,881$10,036$7,177$5,844
28 years$24,294$17,853$12,904$9,195$6,476$5,224
29 years$23,203$16,843$12,008$8,432$5,848$4,673
30 years$22,188$15,906$11,185$7,738$5,284$4,182
31 years$21,239$15,037$10,428$7,107$4,777$3,744
32 years$20,352$14,228$9,729$6,532$4,321$3,354
33 years$19,520$13,474$9,084$6,006$3,911$3,006
34 years$18,739$12,770$8,488$5,526$3,541$2,695
35 years$18,004$12,112$7,935$5,087$3,207$2,416
36 years$17,312$11,496$7,423$4,685$2,906$2,168
37 years$16,658$10,919$6,948$4,317$2,634$1,945
38 years$16,041$10,377$6,507$3,979$2,388$1,745
39 years$15,456$9,867$6,096$3,669$2,165$1,567
40 years$14,902$9,388$5,714$3,384$1,964$1,407
41 years$14,376$8,936$5,358$3,122$1,782$1,263
42 years$13,877$8,511$5,026$2,881$1,617$1,134
43 years$13,403$8,109$4,716$2,660$1,467$1,019
44 years$12,951$7,730$4,427$2,456$1,332$915
45 years$12,520$7,371$4,157$2,268$1,209$822
46 years$12,110$7,032$3,904$2,095$1,098$739
47 years$11,718$6,710$3,668$1,936$997$664
48 years$11,343$6,406$3,447$1,789$905$597
49 years$10,985$6,117$3,240$1,653$822$536
50 years$10,642$5,843$3,046$1,528$747$482

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 $3,949 every year, while hoping to spend $52,554 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: 61/19/20 Blend
44$10,900,000$10,900,000$10,900,000$10,900,000
45$12,015,873$11,438,173$11,269,223$12,686,083
46$13,185,575$11,942,727$11,590,825$13,644,110
47$14,472,826$12,470,242$11,921,440$14,683,041
48$15,889,559$13,021,789$12,261,312$15,815,719
49$17,448,924$13,598,487$12,610,697$17,051,262
50$19,165,412$14,201,510$12,969,853$18,399,697
51$21,054,987$14,832,088$13,339,046$19,872,056
52$23,135,243$15,491,506$13,718,551$21,480,478
53$25,425,562$16,181,115$14,108,647$23,238,322
54$27,947,306$16,902,326$14,509,624$25,160,286
55$30,724,010$17,656,619$14,921,775$27,262,549
56$33,781,610$18,445,544$15,345,405$29,562,916
57$37,148,683$19,270,725$15,780,825$32,080,985
58$40,856,720$20,133,861$16,228,354$34,838,332
59$44,940,421$21,036,736$16,688,319$37,858,704
60$49,438,024$21,981,216$17,161,057$41,168,248
61$54,391,662$22,969,256$17,646,913$44,795,748
62$59,847,768$24,002,905$18,146,241$48,772,898
63$65,857,503$25,084,310$18,659,402$53,134,594
64$72,477,246$26,215,720$19,186,771$57,919,260
65$79,769,126$27,399,490$19,728,728$63,169,208
66$87,801,602$28,638,090$20,285,665$68,931,031
67$96,650,115$29,934,107$20,857,985$75,256,043
68$106,397,798$31,290,249$21,446,099$82,200,750
69$117,136,260$32,709,358$22,050,430$89,827,390
70$128,966,451$34,194,409$22,671,411$98,204,504
71$141,999,613$35,748,519$23,309,488$107,407,586
72$156,358,333$37,374,956$23,965,115$117,519,788
73$172,177,697$39,077,144$24,638,761$128,632,695
74$189,606,568$40,858,669$25,330,905$140,847,191
75$208,808,985$42,723,291$26,042,038$154,274,397
76$229,965,720$44,674,951$26,772,664$169,036,722
77$253,275,975$46,717,775$27,523,300$185,269,003
78$278,959,270$48,856,091$28,294,476$203,119,777
79$307,257,508$51,094,432$29,086,734$222,752,674
80$338,437,265$53,437,551$29,900,631$244,347,954
81$372,792,302$55,890,427$30,736,737$268,104,198
82$410,646,337$58,458,278$31,595,638$294,240,178
83$452,356,104$61,146,574$32,477,933$322,996,913
84$498,314,718$63,961,048$33,384,235$354,639,933
85$548,955,387$66,907,707$34,315,175$389,461,775
86$604,755,500$69,992,848$35,271,397$427,784,739
87$666,241,135$73,223,071$36,253,562$469,963,918
88$733,992,022$76,605,293$37,262,348$516,390,538
89$808,647,020$80,146,764$38,298,448$567,495,640
90$890,910,144$83,855,084$39,362,574$623,754,140
91$981,557,212$87,738,216$40,455,454$685,689,297
92$1,081,443,170$91,804,510$41,577,833$753,877,641
93$1,191,510,159$96,062,717$42,730,477$828,954,401
94$1,312,796,415$100,522,010$43,914,167$911,619,490
95$1,446,446,063$105,192,003$45,129,706$1,002,644,095
96$1,593,719,925$110,082,774$46,377,914$1,102,877,945
97$1,756,007,416$115,204,889$47,659,633$1,213,257,312
98$1,934,839,665$120,569,421$48,975,724$1,334,813,837
99$2,131,903,968$126,187,979$50,327,067$1,468,684,251
100$2,349,059,715$132,072,733$51,714,566$1,616,121,087