Can I retire at age 45 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$933,143$924,831$916,722$908,807$901,078$892,783
2 years$461,952$453,349$445,011$436,926$429,085$420,727
3 years$304,909$296,268$287,951$279,943$272,229$264,068
4 years$226,403$217,789$209,555$201,683$194,156$186,254
5 years$179,311$170,749$162,623$154,912$147,594$139,975
6 years$147,927$139,429$131,424$123,884$116,786$109,460
7 years$125,519$117,093$109,214$101,852$94,979$87,947
8 years$108,720$100,370$92,622$85,441$78,794$72,058
9 years$95,662$87,390$79,775$72,777$66,356$59,913
10 years$85,221$77,030$69,550$62,734$56,538$50,385
11 years$76,684$68,575$61,231$54,598$48,625$42,756
12 years$69,575$61,550$54,341$47,890$42,137$36,547
13 years$63,564$55,623$48,550$42,279$36,745$31,426
14 years$58,417$50,560$43,622$37,531$32,210$27,157
15 years$53,959$46,187$39,385$33,471$28,360$23,565
16 years$50,063$42,376$35,708$29,970$25,065$20,520
17 years$46,629$39,027$32,493$26,927$22,224$17,922
18 years$43,580$36,062$29,662$24,267$19,761$15,692
19 years$40,855$33,422$27,154$21,927$17,613$13,770
20 years$38,405$31,057$24,921$19,859$15,732$12,107
21 years$36,192$28,929$22,922$18,024$14,079$10,661
22 years$34,182$27,004$21,126$16,388$12,620$9,402
23 years$32,350$25,256$19,506$14,925$11,328$8,302
24 years$30,673$23,664$18,040$13,612$10,182$7,338
25 years$29,133$22,207$16,709$12,431$9,162$6,493
26 years$27,714$20,871$15,497$11,367$8,253$5,750
27 years$26,402$19,642$14,390$10,404$7,441$5,095
28 years$25,185$18,509$13,377$9,532$6,714$4,518
29 years$24,055$17,461$12,449$8,741$6,063$4,009
30 years$23,002$16,490$11,596$8,022$5,478$3,559
31 years$22,019$15,588$10,810$7,368$4,953$3,160
32 years$21,099$14,750$10,086$6,771$4,480$2,808
33 years$20,237$13,968$9,417$6,227$4,054$2,496
34 years$19,427$13,239$8,799$5,729$3,671$2,219
35 years$18,665$12,557$8,227$5,274$3,325$1,973
36 years$17,947$11,918$7,696$4,857$3,012$1,755
37 years$17,269$11,320$7,203$4,475$2,730$1,562
38 years$16,629$10,758$6,745$4,125$2,475$1,390
39 years$16,023$10,229$6,320$3,803$2,245$1,237
40 years$15,449$9,732$5,923$3,508$2,036$1,101
41 years$14,904$9,264$5,554$3,237$1,847$980
42 years$14,387$8,823$5,210$2,987$1,676$873
43 years$13,894$8,407$4,889$2,757$1,521$777
44 years$13,426$8,013$4,589$2,546$1,381$692
45 years$12,980$7,641$4,309$2,351$1,253$616
46 years$12,554$7,290$4,047$2,172$1,138$549
47 years$12,148$6,956$3,802$2,007$1,033$489
48 years$11,759$6,641$3,573$1,854$938$436
49 years$11,388$6,342$3,358$1,714$852$388
50 years$11,033$6,058$3,157$1,584$774$346

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,300,000, adding $3,698 every year, while hoping to spend $49,271 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: 60/17/23 Blend
44$11,300,000$11,300,000$11,300,000$11,300,000
45$12,456,414$11,857,514$11,682,364$13,127,394
46$13,674,545$12,386,109$12,021,300$14,111,996
47$15,015,273$12,938,953$12,369,938$15,180,075
48$16,491,052$13,517,183$12,728,552$16,344,351
49$18,115,604$14,121,989$13,097,423$17,614,178
50$19,904,047$14,754,618$13,476,839$18,999,843
51$21,873,043$15,416,377$13,867,095$20,512,664
52$24,040,947$16,108,634$14,268,497$22,165,097
53$26,427,989$16,832,822$14,681,356$23,970,846
54$29,056,457$17,590,443$15,105,995$25,944,993
55$31,950,912$18,383,072$15,542,743$28,104,137
56$35,138,419$19,212,356$15,991,939$30,466,547
57$38,648,800$20,080,024$16,453,930$33,052,334
58$42,514,917$20,987,884$16,929,076$35,883,633
59$46,772,981$21,937,834$17,417,744$38,984,814
60$51,462,897$22,931,859$17,920,310$42,382,704
61$56,628,636$23,972,043$18,437,163$46,106,842
62$62,318,650$25,060,566$18,968,701$50,189,748
63$68,586,333$26,199,715$19,515,334$54,667,231
64$75,490,522$27,391,884$20,077,480$59,578,721
65$83,096,052$28,639,583$20,655,573$64,967,638
66$91,474,369$29,945,443$21,250,055$70,881,797
67$100,704,205$31,312,220$21,861,381$77,373,854
68$110,872,316$32,742,801$22,490,020$84,501,800
69$122,074,307$34,240,213$23,136,451$92,329,502
70$134,415,532$35,807,629$23,801,167$100,927,304
71$148,012,085$37,448,371$24,484,675$110,372,680
72$162,991,901$39,165,925$25,187,495$120,750,967
73$179,495,960$40,963,940$25,910,161$132,156,157
74$197,679,617$42,846,243$26,653,221$144,691,786
75$217,714,072$44,816,843$27,417,238$158,471,900
76$239,787,983$46,879,943$28,202,790$173,622,125
77$264,109,245$49,039,948$29,010,472$190,280,850
78$290,906,956$51,301,474$29,840,891$208,600,524
79$320,433,580$53,669,360$30,694,675$228,749,085
80$352,967,323$56,148,677$31,572,465$250,911,543
81$388,814,768$58,744,740$32,474,920$275,291,714
82$428,313,763$61,463,121$33,402,719$302,114,138
83$471,836,612$64,309,659$34,356,555$331,626,190
84$519,793,589$67,290,475$35,337,142$364,100,404
85$572,636,812$70,411,985$36,345,213$399,837,040
86$630,864,508$73,680,914$37,381,519$439,166,903
87$695,025,719$77,104,310$38,446,831$482,454,461
88$765,725,484$80,689,563$39,541,942$530,101,273
89$843,630,551$84,444,419$40,667,664$582,549,765
90$929,475,667$88,376,996$41,824,832$640,287,401
91$1,024,070,522$92,495,805$43,014,300$703,851,268
92$1,128,307,385$96,809,769$44,236,949$773,833,136
93$1,243,169,530$101,328,240$45,493,679$850,885,027
94$1,369,740,520$106,061,022$46,785,415$935,725,363
95$1,509,214,434$111,018,392$48,113,107$1,029,145,727
96$1,662,907,139$116,211,126$49,477,728$1,132,018,323
97$1,832,268,713$121,650,518$50,880,279$1,245,304,198
98$2,018,897,138$127,348,409$52,321,784$1,370,062,290
99$2,224,553,377$133,317,213$53,803,295$1,507,459,415
100$2,451,178,009$139,569,943$55,325,892$1,658,781,260