Can I retire at age 45 with 11,200,000?

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 $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$924,886$916,647$908,609$900,764$893,104$858,008
2 years$457,864$449,337$441,073$433,060$425,287$390,358
3 years$302,211$293,647$285,403$277,466$269,820$236,157
4 years$224,399$215,861$207,700$199,898$192,438$160,298
5 years$177,725$169,238$161,184$153,541$146,288$115,753
6 years$146,618$138,195$130,261$122,788$115,753$86,842
7 years$124,408$116,056$108,247$100,951$94,138$66,842
8 years$107,758$99,482$91,802$84,685$78,097$52,388
9 years$94,815$86,617$79,069$72,133$65,769$41,609
10 years$84,467$76,348$68,934$62,179$56,038$33,381
11 years$76,005$67,969$60,689$54,115$48,195$26,987
12 years$68,959$61,005$53,860$47,466$41,764$21,951
13 years$63,002$55,131$48,120$41,905$36,419$17,940
14 years$57,900$50,112$43,236$37,199$31,925$14,718
15 years$53,482$45,778$39,036$33,175$28,109$12,112
16 years$49,620$42,001$35,392$29,704$24,843$9,992
17 years$46,216$38,681$32,205$26,689$22,028$8,261
18 years$43,194$35,743$29,399$24,052$19,586$6,840
19 years$40,493$33,126$26,914$21,733$17,457$5,672
20 years$38,065$30,783$24,700$19,684$15,593$4,709
21 years$35,871$28,673$22,719$17,864$13,954$3,912
22 years$33,880$26,765$20,939$16,243$12,508$3,253
23 years$32,064$25,033$19,334$14,793$11,228$2,707
24 years$30,402$23,454$17,881$13,492$10,092$2,254
25 years$28,875$22,010$16,561$12,321$9,081$1,877
26 years$27,468$20,686$15,359$11,266$8,180$1,564
27 years$26,168$19,468$14,263$10,312$7,375$1,304
28 years$24,962$18,345$13,259$9,448$6,655$1,087
29 years$23,842$17,306$12,339$8,664$6,009$906
30 years$22,798$16,344$11,493$7,951$5,429$756
31 years$21,824$15,450$10,715$7,303$4,909$630
32 years$20,912$14,619$9,997$6,711$4,440$526
33 years$20,058$13,845$9,334$6,172$4,018$439
34 years$19,255$13,122$8,721$5,679$3,638$366
35 years$18,500$12,446$8,154$5,227$3,295$305
36 years$17,788$11,813$7,628$4,814$2,986$255
37 years$17,117$11,219$7,139$4,436$2,706$213
38 years$16,482$10,662$6,686$4,089$2,453$178
39 years$15,881$10,139$6,264$3,770$2,225$148
40 years$15,312$9,646$5,871$3,477$2,018$124
41 years$14,772$9,182$5,505$3,208$1,831$103
42 years$14,259$8,745$5,164$2,961$1,661$86
43 years$13,771$8,332$4,846$2,733$1,508$72
44 years$13,307$7,942$4,549$2,524$1,368$60
45 years$12,865$7,574$4,271$2,331$1,242$50
46 years$12,443$7,225$4,011$2,153$1,128$42
47 years$12,040$6,895$3,769$1,989$1,024$35
48 years$11,655$6,582$3,541$1,838$930$29
49 years$11,287$6,286$3,329$1,698$845$24
50 years$10,935$6,004$3,130$1,570$767$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,200,000, adding $2,527 every year, while hoping to spend $57,360 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: 83/5/12 Blend
44$11,200,000$11,200,000$11,200,000$11,200,000
45$12,345,007$11,751,407$11,577,807$13,343,487
46$13,543,167$12,266,195$11,904,633$14,512,729
47$14,861,617$12,804,285$12,240,485$15,788,713
48$16,312,565$13,366,759$12,585,605$17,188,322
49$17,909,466$13,954,749$12,940,241$18,723,951
50$19,667,140$14,569,440$13,304,648$20,409,252
51$21,601,920$15,212,075$13,679,085$22,259,260
52$23,731,803$15,883,954$14,063,822$24,290,539
53$26,076,618$16,586,439$14,459,132$26,521,330
54$28,658,216$17,320,957$14,865,295$28,971,730
55$31,500,674$18,089,003$15,282,602$31,663,875
56$34,630,520$18,892,142$15,711,347$34,622,149
57$38,076,989$19,732,013$16,151,833$37,873,416
58$41,872,294$20,610,334$16,604,371$41,447,268
59$46,051,931$21,528,903$17,069,281$45,376,306
60$50,655,014$22,489,605$17,546,887$49,696,445
61$55,724,643$23,494,414$18,037,526$54,447,254
62$61,308,313$24,545,397$18,541,540$59,672,325
63$67,458,360$25,644,720$19,059,280$65,419,684
64$74,232,455$26,794,654$19,591,108$71,742,246
65$81,694,147$27,997,574$20,137,393$78,698,307
66$89,913,467$29,255,972$20,698,512$86,352,099
67$98,967,583$30,572,456$21,274,854$94,774,389
68$108,941,530$31,949,761$21,866,816$104,043,151
69$119,929,018$33,390,750$22,474,805$114,244,296
70$132,033,305$34,898,425$23,099,239$125,472,481
71$145,368,183$36,475,929$23,740,545$137,832,004
72$160,059,045$38,126,556$24,399,160$151,437,784
73$176,244,068$39,853,758$25,075,532$166,416,445
74$194,075,522$41,661,151$25,770,122$182,907,509
75$213,721,203$43,552,525$26,483,399$201,064,708
76$235,366,018$45,531,851$27,215,845$221,057,439
77$259,213,730$47,603,290$27,967,953$243,072,354
78$285,488,879$49,771,200$28,740,229$267,315,126
79$314,438,908$52,040,152$29,533,190$294,012,381
80$346,336,490$54,414,933$30,347,365$323,413,842
81$381,482,107$56,900,559$31,183,296$355,794,678
82$420,206,884$59,502,289$32,041,539$391,458,102
83$462,875,717$62,225,632$32,922,662$430,738,228
84$509,890,715$65,076,363$33,827,245$474,003,225
85$561,694,995$68,060,532$34,755,885$521,658,787
86$618,776,868$71,184,481$35,709,191$574,151,960
87$681,674,445$74,454,857$36,687,785$631,975,360
88$750,980,718$77,878,625$37,692,306$695,671,818
89$827,349,159$81,463,085$38,723,405$765,839,502
90$911,499,885$85,215,888$39,781,752$843,137,561
91$1,004,226,461$89,145,054$40,868,028$928,292,341
92$1,106,403,385$93,258,987$41,982,932$1,022,104,240
93$1,218,994,349$97,566,496$43,127,179$1,125,455,259
94$1,343,061,333$102,076,815$44,301,499$1,239,317,325
95$1,479,774,630$106,799,620$45,506,641$1,364,761,458
96$1,630,423,896$111,745,055$46,743,368$1,502,967,884
97$1,796,430,324$116,923,753$48,012,460$1,655,237,164
98$1,979,360,057$122,346,858$49,314,718$1,823,002,474
99$2,180,938,980$128,026,050$50,650,958$2,007,843,125
100$2,403,069,004$133,973,575$52,022,014$2,211,499,465