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%18.5%
1 years$933,143$924,831$916,722$908,807$901,078$870,146
2 years$461,952$453,349$445,011$436,926$429,085$398,236
3 years$304,909$296,268$287,951$279,943$272,229$242,433
4 years$226,403$217,789$209,555$201,683$194,156$165,640
5 years$179,311$170,749$162,623$154,912$147,594$120,434
6 years$147,927$139,429$131,424$123,884$116,786$91,003
7 years$125,519$117,093$109,214$101,852$94,979$70,568
8 years$108,720$100,370$92,622$85,441$78,794$55,736
9 years$95,662$87,390$79,775$72,777$66,356$44,623
10 years$85,221$77,030$69,550$62,734$56,538$36,094
11 years$76,684$68,575$61,231$54,598$48,625$29,429
12 years$69,575$61,550$54,341$47,890$42,137$24,146
13 years$63,564$55,623$48,550$42,279$36,745$19,910
14 years$58,417$50,560$43,622$37,531$32,210$16,483
15 years$53,959$46,187$39,385$33,471$28,360$13,691
16 years$50,063$42,376$35,708$29,970$25,065$11,402
17 years$46,629$39,027$32,493$26,927$22,224$9,517
18 years$43,580$36,062$29,662$24,267$19,761$7,958
19 years$40,855$33,422$27,154$21,927$17,613$6,664
20 years$38,405$31,057$24,921$19,859$15,732$5,587
21 years$36,192$28,929$22,922$18,024$14,079$4,690
22 years$34,182$27,004$21,126$16,388$12,620$3,940
23 years$32,350$25,256$19,506$14,925$11,328$3,312
24 years$30,673$23,664$18,040$13,612$10,182$2,786
25 years$29,133$22,207$16,709$12,431$9,162$2,345
26 years$27,714$20,871$15,497$11,367$8,253$1,974
27 years$26,402$19,642$14,390$10,404$7,441$1,663
28 years$25,185$18,509$13,377$9,532$6,714$1,401
29 years$24,055$17,461$12,449$8,741$6,063$1,181
30 years$23,002$16,490$11,596$8,022$5,478$995
31 years$22,019$15,588$10,810$7,368$4,953$839
32 years$21,099$14,750$10,086$6,771$4,480$707
33 years$20,237$13,968$9,417$6,227$4,054$597
34 years$19,427$13,239$8,799$5,729$3,671$503
35 years$18,665$12,557$8,227$5,274$3,325$424
36 years$17,947$11,918$7,696$4,857$3,012$358
37 years$17,269$11,320$7,203$4,475$2,730$302
38 years$16,629$10,758$6,745$4,125$2,475$255
39 years$16,023$10,229$6,320$3,803$2,245$215
40 years$15,449$9,732$5,923$3,508$2,036$181
41 years$14,904$9,264$5,554$3,237$1,847$153
42 years$14,387$8,823$5,210$2,987$1,676$129
43 years$13,894$8,407$4,889$2,757$1,521$109
44 years$13,426$8,013$4,589$2,546$1,381$92
45 years$12,980$7,641$4,309$2,351$1,253$78
46 years$12,554$7,290$4,047$2,172$1,138$65
47 years$12,148$6,956$3,802$2,007$1,033$55
48 years$11,759$6,641$3,573$1,854$938$47
49 years$11,388$6,342$3,358$1,714$852$39
50 years$11,033$6,058$3,157$1,584$774$33

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 $5,699 every year, while hoping to spend $57,265 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: 32/38/30 Blend
44$11,300,000$11,300,000$11,300,000$11,300,000
45$12,458,479$11,859,579$11,684,429$12,743,220
46$13,668,314$12,379,768$12,014,927$13,483,781
47$14,999,633$12,923,528$12,354,579$14,275,438
48$16,464,767$13,491,953$12,703,628$15,127,032
49$18,077,303$14,086,188$13,062,329$16,043,891
50$19,852,210$14,707,434$13,430,940$17,031,853
51$21,805,986$15,356,948$13,809,727$18,097,318
52$23,956,806$16,036,048$14,198,962$19,247,305
53$26,324,697$16,746,111$14,598,924$20,489,514
54$28,931,729$17,488,583$15,009,901$21,832,391
55$31,802,218$18,264,976$15,432,185$23,285,206
56$34,962,959$19,076,876$15,866,079$24,858,134
57$38,443,479$19,925,941$16,311,891$26,562,343
58$42,276,313$20,813,911$16,769,938$28,410,099
59$46,497,311$21,742,606$17,240,545$30,414,871
60$51,145,979$22,713,936$17,724,045$32,591,454
61$56,265,847$23,729,898$18,220,779$34,956,101
62$61,904,886$24,792,585$18,731,098$37,526,672
63$68,115,955$25,904,192$19,255,360$40,322,793
64$74,957,301$27,067,016$19,793,933$43,366,034
65$82,493,110$28,283,464$20,347,194$46,680,107
66$90,794,112$29,556,059$20,915,530$50,291,078
67$99,938,247$30,887,441$21,499,336$54,227,609
68$110,011,403$32,280,381$22,099,018$58,521,218
69$121,108,223$33,737,777$22,714,993$63,206,563
70$133,333,003$35,262,668$23,347,686$68,321,768
71$146,800,669$36,858,239$23,997,533$73,908,766
72$161,637,871$38,527,826$24,664,984$80,013,686
73$177,984,168$40,274,924$25,350,495$86,687,278
74$195,993,353$42,103,195$26,054,537$93,985,383
75$215,834,901$44,016,478$26,777,590$101,969,442
76$237,695,570$46,018,794$27,520,148$110,707,071
77$261,781,160$48,114,357$28,282,715$120,272,679
78$288,318,460$50,307,582$29,065,808$130,748,162
79$317,557,388$52,603,098$29,869,957$142,223,660
80$349,773,344$55,005,753$30,695,703$154,798,391
81$385,269,820$57,520,629$31,543,604$168,581,577
82$424,381,252$60,153,051$32,414,226$183,693,454
83$467,476,190$62,908,600$33,308,152$200,266,391
84$514,960,764$65,793,125$34,225,978$218,446,123
85$567,282,528$68,812,754$35,168,314$238,393,108
86$624,934,679$71,973,912$36,135,785$260,284,022
87$688,460,713$75,283,330$37,129,031$284,313,406
88$758,459,557$78,748,065$38,148,705$310,695,480
89$835,591,223$82,375,511$39,195,478$339,666,148
90$920,583,036$86,173,419$40,270,034$371,485,196
91$1,014,236,501$90,149,912$41,373,076$406,438,722
92$1,117,434,870$94,313,504$42,505,320$444,841,814
93$1,231,151,480$98,673,119$43,667,501$487,041,493
94$1,356,458,939$103,238,110$44,860,371$533,419,967
95$1,494,539,254$108,018,280$46,084,696$584,398,204
96$1,646,694,988$113,023,907$47,341,264$640,439,882
97$1,814,361,559$118,265,760$48,630,878$702,055,728
98$1,999,120,785$123,755,130$49,954,360$769,808,312
99$2,202,715,825$129,503,851$51,312,551$844,317,320
100$2,427,067,627$135,524,327$52,706,309$926,265,365