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%16.8%
1 years$924,886$916,647$908,609$900,764$893,104$868,345
2 years$457,864$449,337$441,073$433,060$425,287$400,528
3 years$302,211$293,647$285,403$277,466$269,820$245,835
4 years$224,399$215,861$207,700$199,898$192,438$169,412
5 years$177,725$169,238$161,184$153,541$146,288$124,285
6 years$146,618$138,195$130,261$122,788$115,753$94,792
7 years$124,408$116,056$108,247$100,951$94,138$74,221
8 years$107,758$99,482$91,802$84,685$78,097$59,212
9 years$94,815$86,617$79,069$72,133$65,769$47,899
10 years$84,467$76,348$68,934$62,179$56,038$39,160
11 years$76,005$67,969$60,689$54,115$48,195$32,281
12 years$68,959$61,005$53,860$47,466$41,764$26,785
13 years$63,002$55,131$48,120$41,905$36,419$22,343
14 years$57,900$50,112$43,236$37,199$31,925$18,717
15 years$53,482$45,778$39,036$33,175$28,109$15,734
16 years$49,620$42,001$35,392$29,704$24,843$13,265
17 years$46,216$38,681$32,205$26,689$22,028$11,211
18 years$43,194$35,743$29,399$24,052$19,586$9,493
19 years$40,493$33,126$26,914$21,733$17,457$8,052
20 years$38,065$30,783$24,700$19,684$15,593$6,840
21 years$35,871$28,673$22,719$17,864$13,954$5,817
22 years$33,880$26,765$20,939$16,243$12,508$4,952
23 years$32,064$25,033$19,334$14,793$11,228$4,219
24 years$30,402$23,454$17,881$13,492$10,092$3,597
25 years$28,875$22,010$16,561$12,321$9,081$3,069
26 years$27,468$20,686$15,359$11,266$8,180$2,619
27 years$26,168$19,468$14,263$10,312$7,375$2,237
28 years$24,962$18,345$13,259$9,448$6,655$1,911
29 years$23,842$17,306$12,339$8,664$6,009$1,633
30 years$22,798$16,344$11,493$7,951$5,429$1,396
31 years$21,824$15,450$10,715$7,303$4,909$1,193
32 years$20,912$14,619$9,997$6,711$4,440$1,021
33 years$20,058$13,845$9,334$6,172$4,018$873
34 years$19,255$13,122$8,721$5,679$3,638$747
35 years$18,500$12,446$8,154$5,227$3,295$639
36 years$17,788$11,813$7,628$4,814$2,986$547
37 years$17,117$11,219$7,139$4,436$2,706$468
38 years$16,482$10,662$6,686$4,089$2,453$400
39 years$15,881$10,139$6,264$3,770$2,225$343
40 years$15,312$9,646$5,871$3,477$2,018$293
41 years$14,772$9,182$5,505$3,208$1,831$251
42 years$14,259$8,745$5,164$2,961$1,661$215
43 years$13,771$8,332$4,846$2,733$1,508$184
44 years$13,307$7,942$4,549$2,524$1,368$157
45 years$12,865$7,574$4,271$2,331$1,242$135
46 years$12,443$7,225$4,011$2,153$1,128$115
47 years$12,040$6,895$3,769$1,989$1,024$99
48 years$11,655$6,582$3,541$1,838$930$85
49 years$11,287$6,286$3,329$1,698$845$72
50 years$10,935$6,004$3,130$1,570$767$62

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 $5,811 every year, while hoping to spend $51,243 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: 46/45/9 Blend
44$11,200,000$11,200,000$11,200,000$11,200,000
45$12,348,394$11,754,794$11,581,194$12,885,292
46$13,553,408$12,276,257$11,914,642$13,777,666
47$14,879,616$12,821,554$12,257,543$14,739,373
48$16,339,326$13,391,799$12,610,159$15,781,440
49$17,946,099$13,988,158$12,972,761$16,911,315
50$19,714,877$14,611,855$13,345,625$18,137,178
51$21,662,127$15,264,168$13,729,036$19,468,005
52$23,805,991$15,946,439$14,123,285$20,913,654
53$26,166,460$16,660,072$14,528,674$22,484,950
54$28,765,563$17,406,540$14,945,508$24,193,783
55$31,627,573$18,187,384$15,374,106$26,053,215
56$34,779,238$19,004,218$15,814,791$28,077,598
57$38,250,032$19,858,736$16,267,897$30,282,701
58$42,072,430$20,752,709$16,733,767$32,685,858
59$46,282,221$21,687,995$17,212,751$35,306,119
60$50,918,840$22,666,539$17,705,212$38,164,427
61$56,025,744$23,690,381$18,211,518$41,283,809
62$61,650,816$24,761,657$18,732,050$44,689,580
63$67,846,826$25,882,604$19,267,200$48,409,584
64$74,671,918$27,055,568$19,817,368$52,474,441
65$82,190,168$28,283,006$20,382,964$56,917,829
66$90,472,184$29,567,492$20,964,412$61,776,797
67$99,595,772$30,911,724$21,562,145$67,092,099
68$109,646,672$32,318,530$22,176,608$72,908,575
69$120,719,366$33,790,871$22,808,258$79,275,561
70$132,917,970$35,331,852$23,457,563$86,247,345
71$146,357,216$36,944,726$24,125,004$93,883,667
72$161,163,536$38,632,901$24,811,076$102,250,273
73$177,476,254$40,399,950$25,516,284$111,419,524
74$195,448,901$42,249,617$26,241,149$121,471,062
75$215,250,665$44,185,825$26,986,204$132,492,555
76$237,067,988$46,212,685$27,751,997$144,580,506
77$261,106,323$48,334,507$28,539,089$157,841,150
78$287,592,076$50,555,806$29,348,056$172,391,441
79$316,774,742$52,881,315$30,179,491$188,360,145
80$348,929,262$55,315,995$31,033,999$205,889,030
81$384,358,612$57,865,045$31,912,204$225,134,196
82$423,396,671$60,533,912$32,814,743$246,267,524
83$466,411,366$63,328,309$33,742,272$269,478,280
84$513,808,150$66,254,220$34,695,463$294,974,885
85$566,033,825$69,317,921$35,675,004$322,986,857
86$623,580,761$72,525,985$36,681,603$353,766,960
87$686,991,547$75,885,307$37,715,985$387,593,564
88$756,864,108$79,403,110$38,778,894$424,773,249
89$833,857,352$83,086,968$39,871,092$465,643,675
90$918,697,390$86,944,817$40,993,361$510,576,742
91$1,012,184,389$90,984,978$42,146,504$559,982,073
92$1,115,200,128$95,216,173$43,331,343$614,310,854
93$1,228,716,319$99,647,544$44,548,721$674,060,060
94$1,353,803,784$104,288,674$45,799,504$739,777,115
95$1,491,642,560$109,149,609$47,084,578$812,065,031
96$1,643,533,041$114,240,880$48,404,851$891,588,058
97$1,810,908,254$119,573,526$49,761,256$979,077,926
98$1,995,347,386$125,159,119$51,154,748$1,075,340,706
99$2,198,590,694$131,009,790$52,586,307$1,181,264,390
100$2,422,555,932$137,138,257$54,056,935$1,297,827,222