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

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$900,112$892,094$884,272$876,637$869,181$853,728
2 years$445,600$437,301$429,258$421,460$413,896$398,380
3 years$294,116$285,781$277,758$270,033$262,593$247,497
4 years$218,389$210,079$202,137$194,544$187,283$172,724
5 years$172,964$164,705$156,867$149,428$142,370$128,389
6 years$142,691$134,494$126,772$119,499$112,652$99,266
7 years$121,076$112,948$105,348$98,247$91,616$78,828
8 years$104,872$96,817$89,343$82,417$76,005$63,811
9 years$92,275$84,297$76,951$70,201$64,007$52,401
10 years$82,204$74,303$67,088$60,514$54,537$43,509
11 years$73,969$66,148$59,063$52,665$46,904$36,441
12 years$67,112$59,371$52,417$46,194$40,646$30,734
13 years$61,314$53,654$46,831$40,783$35,444$26,068
14 years$56,349$48,770$42,078$36,202$31,070$22,213
15 years$52,049$44,552$37,991$32,286$27,356$19,001
16 years$48,291$40,876$34,444$28,909$24,178$16,307
17 years$44,978$37,645$31,343$25,974$21,438$14,032
18 years$42,037$34,786$28,612$23,408$19,061$12,102
19 years$39,408$32,239$26,193$21,151$16,990$10,459
20 years$37,046$29,958$24,039$19,156$15,176$9,053
21 years$34,911$27,905$22,111$17,386$13,580$7,848
22 years$32,972$26,048$20,379$15,808$12,173$6,811
23 years$31,205$24,362$18,816$14,396$10,927$5,918
24 years$29,588$22,826$17,402$13,130$9,822$5,146
25 years$28,102$21,421$16,117$11,991$8,838$4,479
26 years$26,733$20,132$14,948$10,964$7,961$3,900
27 years$25,467$18,947$13,881$10,036$7,177$3,399
28 years$24,294$17,853$12,904$9,195$6,476$2,963
29 years$23,203$16,843$12,008$8,432$5,848$2,585
30 years$22,188$15,906$11,185$7,738$5,284$2,255
31 years$21,239$15,037$10,428$7,107$4,777$1,969
32 years$20,352$14,228$9,729$6,532$4,321$1,719
33 years$19,520$13,474$9,084$6,006$3,911$1,501
34 years$18,739$12,770$8,488$5,526$3,541$1,311
35 years$18,004$12,112$7,935$5,087$3,207$1,146
36 years$17,312$11,496$7,423$4,685$2,906$1,001
37 years$16,658$10,919$6,948$4,317$2,634$875
38 years$16,041$10,377$6,507$3,979$2,388$765
39 years$15,456$9,867$6,096$3,669$2,165$669
40 years$14,902$9,388$5,714$3,384$1,964$585
41 years$14,376$8,936$5,358$3,122$1,782$511
42 years$13,877$8,511$5,026$2,881$1,617$447
43 years$13,403$8,109$4,716$2,660$1,467$391
44 years$12,951$7,730$4,427$2,456$1,332$342
45 years$12,520$7,371$4,157$2,268$1,209$299
46 years$12,110$7,032$3,904$2,095$1,098$261
47 years$11,718$6,710$3,668$1,936$997$229
48 years$11,343$6,406$3,447$1,789$905$200
49 years$10,985$6,117$3,240$1,653$822$175
50 years$10,642$5,843$3,046$1,528$747$153

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 $3,180 every year, while hoping to spend $30,253 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: 39/39/22 Blend
44$10,900,000$10,900,000$10,900,000$10,900,000
45$12,015,080$11,437,380$11,268,430$12,404,873
46$13,208,429$11,965,623$11,613,734$13,214,722
47$14,522,486$12,518,735$11,969,591$14,086,740
48$15,969,531$13,097,905$12,336,323$15,029,048
49$17,563,096$13,704,374$12,714,262$16,048,046
50$19,318,091$14,339,448$13,103,750$17,150,755
51$21,250,948$15,004,493$13,505,137$18,344,874
52$23,379,772$15,700,941$13,918,787$19,638,854
53$25,724,515$16,430,293$14,345,072$21,041,968
54$28,307,162$17,194,124$14,784,379$22,564,398
55$31,151,940$17,994,083$15,237,103$24,217,320
56$34,285,544$18,831,900$15,703,652$26,013,007
57$37,737,394$19,709,387$16,184,448$27,964,942
58$41,539,906$20,628,444$16,679,925$30,087,933
59$45,728,803$21,591,065$17,190,529$32,398,248
60$50,343,450$22,599,336$17,716,721$34,913,766
61$55,427,226$23,655,448$18,258,975$37,654,133
62$61,027,932$24,761,694$18,817,780$40,640,943
63$67,198,245$25,920,481$19,393,640$43,897,935
64$73,996,212$27,134,330$19,987,073$47,451,206
65$81,485,800$28,405,887$20,598,614$51,329,451
66$89,737,497$29,737,921$21,228,814$55,564,224
67$98,828,983$31,133,340$21,878,240$60,190,227
68$108,845,855$32,595,190$22,547,477$65,245,629
69$119,882,443$34,126,664$23,237,127$70,772,414
70$132,042,692$35,731,112$23,947,812$76,816,767
71$145,441,153$37,412,042$24,680,170$83,429,501
72$160,204,056$39,173,137$25,434,860$90,666,522
73$176,470,503$41,018,255$26,212,562$98,589,349
74$194,393,786$42,951,440$27,013,974$107,265,675
75$214,142,827$44,976,936$27,839,817$116,770,000
76$235,903,777$47,099,188$28,690,833$127,184,317
77$259,881,774$49,322,860$29,567,787$138,598,870
78$286,302,874$51,652,839$30,471,468$151,112,994
79$315,416,192$54,094,252$31,402,686$164,836,034
80$347,496,246$56,652,473$32,362,278$179,888,363
81$382,845,554$59,333,136$33,351,106$196,402,498
82$421,797,491$62,142,149$34,370,058$214,524,334
83$464,719,428$65,085,708$35,420,048$234,414,505
84$512,016,208$68,170,306$36,502,018$256,249,874
85$564,133,964$71,402,754$37,616,939$280,225,189
86$621,564,334$74,790,194$38,765,812$306,554,893
87$684,849,095$78,340,113$39,949,665$335,475,130
88$754,585,285$82,060,361$41,169,562$367,245,948
89$831,430,837$85,959,172$42,426,595$402,153,730
90$916,110,788$90,045,176$43,721,891$440,513,871
91$1,009,424,124$94,327,426$45,056,611$482,673,726
92$1,112,251,327$98,815,412$46,431,949$529,015,864
93$1,225,562,682$103,519,087$47,849,139$579,961,644
94$1,350,427,439$108,448,886$49,309,449$635,975,169
95$1,488,023,909$113,615,752$50,814,186$697,567,626
96$1,639,650,583$119,031,160$52,364,698$765,302,083
97$1,806,738,398$124,707,142$53,962,371$839,798,765
98$1,990,864,239$130,656,317$55,608,634$921,740,873
99$2,193,765,830$136,891,914$57,304,962$1,011,880,995
100$2,417,358,136$143,427,809$59,052,869$1,111,048,165