Can I retire at age 45 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$908,370$900,278$892,384$884,679$877,155$860,501
2 years$449,688$441,313$433,196$425,327$417,693$400,979
3 years$296,814$288,403$280,307$272,511$265,002$248,749
4 years$220,392$212,007$203,991$196,329$189,001$173,335
5 years$174,551$166,216$158,306$150,799$143,676$128,641
6 years$144,000$135,728$127,935$120,595$113,686$99,299
7 years$122,187$113,984$106,314$99,148$92,457$78,721
8 years$105,834$97,705$90,163$83,173$76,702$63,614
9 years$93,122$85,070$77,657$70,845$64,594$52,146
10 years$82,958$74,985$67,703$61,069$55,037$43,217
11 years$74,648$66,755$59,605$53,148$47,334$36,128
12 years$67,728$59,915$52,898$46,618$41,019$30,411
13 years$61,877$54,146$47,261$41,157$35,769$25,743
14 years$56,866$49,217$42,464$36,534$31,355$21,892
15 years$52,527$44,961$38,339$32,582$27,607$18,688
16 years$48,734$41,251$34,760$29,174$24,400$16,004
17 years$45,391$37,990$31,630$26,213$21,634$13,742
18 years$42,423$35,105$28,874$23,623$19,236$11,826
19 years$39,770$32,535$26,433$21,345$17,146$10,197
20 years$37,386$30,233$24,259$19,332$15,315$8,807
21 years$35,231$28,161$22,314$17,545$13,705$7,617
22 years$33,275$26,287$20,566$15,953$12,285$6,596
23 years$31,491$24,586$18,989$14,528$11,027$5,717
24 years$29,859$23,035$17,561$13,251$9,912$4,960
25 years$28,360$21,617$16,265$12,101$8,919$4,307
26 years$26,978$20,317$15,085$11,065$8,034$3,742
27 years$25,701$19,121$14,008$10,128$7,243$3,253
28 years$24,517$18,017$13,022$9,279$6,536$2,829
29 years$23,416$16,997$12,118$8,509$5,902$2,461
30 years$22,391$16,052$11,288$7,809$5,332$2,142
31 years$21,434$15,175$10,523$7,172$4,821$1,865
32 years$20,539$14,358$9,818$6,592$4,361$1,625
33 years$19,699$13,597$9,167$6,061$3,947$1,415
34 years$18,911$12,887$8,565$5,577$3,573$1,233
35 years$18,169$12,223$8,008$5,134$3,236$1,075
36 years$17,471$11,602$7,491$4,728$2,932$937
37 years$16,811$11,019$7,012$4,357$2,658$817
38 years$16,188$10,472$6,566$4,016$2,409$712
39 years$15,598$9,958$6,152$3,702$2,185$621
40 years$15,039$9,474$5,766$3,415$1,982$541
41 years$14,508$9,018$5,407$3,151$1,798$472
42 years$14,005$8,589$5,072$2,908$1,632$412
43 years$13,526$8,183$4,759$2,684$1,481$359
44 years$13,070$7,801$4,467$2,478$1,344$313
45 years$12,635$7,439$4,195$2,289$1,220$273
46 years$12,221$7,096$3,940$2,114$1,108$238
47 years$11,825$6,772$3,701$1,953$1,006$208
48 years$11,447$6,465$3,478$1,805$914$181
49 years$11,086$6,173$3,269$1,668$830$158
50 years$10,740$5,897$3,074$1,542$754$138

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,000,000, adding $5,233 every year, while hoping to spend $45,733 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: 69/11/20 Blend
44$11,000,000$11,000,000$11,000,000$11,000,000
45$12,127,398$11,544,398$11,373,898$12,904,078
46$13,315,733$12,061,414$11,706,264$13,940,481
47$14,623,745$12,602,231$12,048,231$15,068,284
48$16,063,594$13,167,967$12,400,074$16,301,252
49$17,648,676$13,759,793$12,762,072$17,649,767
50$19,393,755$14,378,936$13,134,515$19,125,256
51$21,315,096$15,026,682$13,517,699$20,740,296
52$23,430,624$15,704,378$13,911,931$22,508,736
53$25,760,090$16,413,435$14,317,523$24,445,821
54$28,325,257$17,155,331$14,734,797$26,568,338
55$31,150,106$17,931,615$15,164,086$28,894,769
56$34,261,064$18,743,911$15,605,730$31,445,465
57$37,687,250$19,593,920$16,060,079$34,242,836
58$41,460,750$20,483,423$16,527,493$37,311,562
59$45,616,924$21,414,288$17,008,341$40,678,821
60$50,194,733$22,388,471$17,503,003$44,374,542
61$55,237,113$23,408,023$18,011,871$48,431,691
62$60,791,375$24,475,092$18,535,345$52,886,573
63$66,909,653$25,591,931$19,073,837$57,779,176
64$73,649,400$26,760,897$19,627,773$63,153,544
65$81,073,922$27,984,464$20,197,586$69,058,191
66$89,252,982$29,265,223$20,783,725$75,546,554
67$98,263,455$30,605,888$21,386,650$82,677,497
68$108,190,058$32,009,307$22,006,833$90,515,862
69$119,126,141$33,478,460$22,644,759$99,133,076
70$131,174,577$35,016,474$23,300,928$108,607,825
71$144,448,727$36,626,624$23,975,852$119,026,791
72$159,073,511$38,312,344$24,670,057$130,485,467
73$175,186,591$40,077,230$25,384,086$143,089,053
74$192,939,664$41,925,055$26,118,493$156,953,449
75$212,499,897$43,859,770$26,873,850$172,206,340
76$234,051,507$45,885,519$27,650,744$188,988,399
77$257,797,494$48,006,643$28,449,778$207,454,610
78$283,961,563$50,227,693$29,271,570$227,775,726
79$312,790,232$52,553,439$30,116,757$250,139,878
80$344,555,159$54,988,881$30,985,992$274,754,342
81$379,555,709$57,539,261$31,879,947$301,847,492
82$418,121,777$60,210,070$32,799,311$331,670,951
83$460,616,903$63,007,068$33,744,792$364,501,957
84$507,441,703$65,936,290$34,717,118$400,645,979
85$559,037,651$69,004,063$35,717,036$440,439,591
86$615,891,248$72,217,019$36,745,314$484,253,641
87$678,538,613$75,582,110$37,802,739$532,496,748
88$747,570,542$79,106,624$38,890,121$585,619,153
89$823,638,089$82,798,200$40,008,292$644,116,956
90$907,458,710$86,664,847$41,158,105$708,536,798
91$999,823,034$90,714,960$42,340,437$779,481,008
92$1,101,602,330$94,957,340$43,556,189$857,613,284
93$1,213,756,731$99,401,214$44,806,285$943,664,948
94$1,337,344,297$104,056,252$46,091,674$1,038,441,839
95$1,473,531,002$108,932,595$47,413,332$1,142,831,914
96$1,623,601,745$114,040,873$48,772,260$1,257,813,617
97$1,788,972,477$119,392,230$50,169,484$1,384,465,110
98$1,971,203,569$124,998,349$51,606,062$1,523,974,433
99$2,172,014,544$130,871,479$53,083,076$1,677,650,716
100$2,393,300,307$137,024,460$54,601,638$1,846,936,517