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%15.1%
1 years$933,143$924,831$916,722$908,807$901,078$882,163
2 years$461,952$453,349$445,011$436,926$429,085$410,118
3 years$304,909$296,268$287,951$279,943$272,229$253,801
4 years$226,403$217,789$209,555$201,683$194,156$176,410
5 years$179,311$170,749$162,623$154,912$147,594$130,580
6 years$147,927$139,429$131,424$123,884$116,786$100,522
7 years$125,519$117,093$109,214$101,852$94,979$79,467
8 years$108,720$100,370$92,622$85,441$78,794$64,030
9 years$95,662$87,390$79,775$72,777$66,356$52,330
10 years$85,221$77,030$69,550$62,734$56,538$43,237
11 years$76,684$68,575$61,231$54,598$48,625$36,030
12 years$69,575$61,550$54,341$47,890$42,137$30,231
13 years$63,564$55,623$48,550$42,279$36,745$25,505
14 years$58,417$50,560$43,622$37,531$32,210$21,616
15 years$53,959$46,187$39,385$33,471$28,360$18,389
16 years$50,063$42,376$35,708$29,970$25,065$15,692
17 years$46,629$39,027$32,493$26,927$22,224$13,426
18 years$43,580$36,062$29,662$24,267$19,761$11,513
19 years$40,855$33,422$27,154$21,927$17,613$9,890
20 years$38,405$31,057$24,921$19,859$15,732$8,510
21 years$36,192$28,929$22,922$18,024$14,079$7,332
22 years$34,182$27,004$21,126$16,388$12,620$6,324
23 years$32,350$25,256$19,506$14,925$11,328$5,461
24 years$30,673$23,664$18,040$13,612$10,182$4,719
25 years$29,133$22,207$16,709$12,431$9,162$4,081
26 years$27,714$20,871$15,497$11,367$8,253$3,531
27 years$26,402$19,642$14,390$10,404$7,441$3,057
28 years$25,185$18,509$13,377$9,532$6,714$2,648
29 years$24,055$17,461$12,449$8,741$6,063$2,295
30 years$23,002$16,490$11,596$8,022$5,478$1,989
31 years$22,019$15,588$10,810$7,368$4,953$1,725
32 years$21,099$14,750$10,086$6,771$4,480$1,496
33 years$20,237$13,968$9,417$6,227$4,054$1,298
34 years$19,427$13,239$8,799$5,729$3,671$1,126
35 years$18,665$12,557$8,227$5,274$3,325$977
36 years$17,947$11,918$7,696$4,857$3,012$848
37 years$17,269$11,320$7,203$4,475$2,730$736
38 years$16,629$10,758$6,745$4,125$2,475$639
39 years$16,023$10,229$6,320$3,803$2,245$555
40 years$15,449$9,732$5,923$3,508$2,036$482
41 years$14,904$9,264$5,554$3,237$1,847$419
42 years$14,387$8,823$5,210$2,987$1,676$364
43 years$13,894$8,407$4,889$2,757$1,521$316
44 years$13,426$8,013$4,589$2,546$1,381$274
45 years$12,980$7,641$4,309$2,351$1,253$238
46 years$12,554$7,290$4,047$2,172$1,138$207
47 years$12,148$6,956$3,802$2,007$1,033$180
48 years$11,759$6,641$3,573$1,854$938$156
49 years$11,388$6,342$3,358$1,714$852$136
50 years$11,033$6,058$3,157$1,584$774$118

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 $4,197 every year, while hoping to spend $23,677 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: 32/47/21 Blend
44$11,300,000$11,300,000$11,300,000$11,300,000
45$12,456,929$11,858,029$11,682,879$12,774,498
46$13,702,344$12,413,880$12,049,064$13,569,058
47$15,073,997$12,996,175$12,426,721$14,421,861
48$16,584,741$13,606,183$12,816,212$15,339,947
49$18,248,736$14,245,238$13,217,907$16,329,046
50$20,081,587$14,914,735$13,632,187$17,395,433
51$22,100,491$15,616,139$14,059,448$18,545,979
52$24,324,397$16,350,985$14,500,095$19,788,212
53$26,774,185$17,120,883$14,954,547$21,130,380
54$29,472,865$17,927,520$15,423,238$22,581,523
55$32,445,794$18,772,665$15,906,614$24,151,552
56$35,720,913$19,658,173$16,405,133$25,851,334
57$39,329,011$20,585,989$16,919,270$27,692,789
58$43,304,020$21,558,152$17,449,515$29,688,993
59$47,683,328$22,576,799$17,996,372$31,854,295
60$52,508,138$23,644,173$18,560,360$34,204,443
61$57,823,853$24,762,623$19,142,018$36,756,722
62$63,680,508$25,934,613$19,741,897$39,530,114
63$70,133,238$27,162,727$20,360,569$42,545,457
64$77,242,802$28,449,674$20,998,622$45,825,641
65$85,076,154$29,798,296$21,656,662$49,395,810
66$93,707,078$31,211,568$22,335,317$53,283,587
67$103,216,881$32,692,616$23,035,231$57,519,323
68$113,695,162$34,244,713$23,757,070$62,136,374
69$125,240,657$35,871,293$24,501,521$67,171,400
70$137,962,174$37,575,956$25,269,291$72,664,700
71$151,979,615$39,362,476$26,061,111$78,660,576
72$167,425,111$41,234,814$26,877,734$85,207,738
73$184,444,271$43,197,118$27,719,937$92,359,749
74$203,197,552$45,253,742$28,588,520$100,175,511
75$223,861,776$47,409,249$29,484,309$108,719,809
76$246,631,800$49,668,426$30,408,157$118,063,902
77$271,722,355$52,036,290$31,360,942$128,286,177
78$299,370,071$54,518,104$32,343,569$139,472,871
79$329,835,713$57,119,386$33,356,973$151,718,863
80$363,406,643$59,845,922$34,402,118$165,128,552
81$400,399,529$62,703,781$35,479,998$179,816,814
82$441,163,340$65,699,325$36,591,637$195,910,069
83$486,082,636$68,839,228$37,738,092$213,547,449
84$535,581,200$72,130,485$38,920,454$232,882,082
85$590,126,040$75,580,436$40,139,846$254,082,515
86$650,231,792$79,196,774$41,397,427$277,334,277
87$716,465,588$82,987,569$42,694,394$302,841,598
88$789,452,401$86,961,283$44,031,979$330,829,308
89$869,880,949$91,126,789$45,411,454$361,544,928
90$958,510,198$95,493,394$46,834,130$395,260,973
91$1,056,176,525$100,070,856$48,301,359$432,277,487
92$1,163,801,612$104,869,410$49,814,537$472,924,843
93$1,282,401,154$109,899,788$51,375,101$517,566,817
94$1,413,094,439$115,173,246$52,984,535$566,603,987
95$1,557,114,924$120,701,587$54,644,368$620,477,471
96$1,715,821,871$126,497,189$56,356,179$679,673,045
97$1,890,713,185$132,573,034$58,121,594$744,725,683
98$2,083,439,553$138,942,737$59,942,292$816,224,561
99$2,295,820,031$145,620,574$61,820,001$894,818,565
100$2,529,859,211$152,621,519$63,756,508$981,222,365