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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.6%
1 years$933,143$924,831$916,722$908,807$901,078$887,612
2 years$461,952$453,349$445,011$436,926$429,085$415,549
3 years$304,909$296,268$287,951$279,943$272,229$259,044
4 years$226,403$217,789$209,555$201,683$194,156$181,423
5 years$179,311$170,749$162,623$154,912$147,594$135,351
6 years$147,927$139,429$131,424$123,884$116,786$105,046
7 years$125,519$117,093$109,214$101,852$94,979$83,746
8 years$108,720$100,370$92,622$85,441$78,794$68,066
9 years$95,662$87,390$79,775$72,777$66,356$56,129
10 years$85,221$77,030$69,550$62,734$56,538$46,804
11 years$76,684$68,575$61,231$54,598$48,625$39,373
12 years$69,575$61,550$54,341$47,890$42,137$33,357
13 years$63,564$55,623$48,550$42,279$36,745$28,423
14 years$58,417$50,560$43,622$37,531$32,210$24,334
15 years$53,959$46,187$39,385$33,471$28,360$20,916
16 years$50,063$42,376$35,708$29,970$25,065$18,038
17 years$46,629$39,027$32,493$26,927$22,224$15,600
18 years$43,580$36,062$29,662$24,267$19,761$13,523
19 years$40,855$33,422$27,154$21,927$17,613$11,746
20 years$38,405$31,057$24,921$19,859$15,732$10,221
21 years$36,192$28,929$22,922$18,024$14,079$8,907
22 years$34,182$27,004$21,126$16,388$12,620$7,772
23 years$32,350$25,256$19,506$14,925$11,328$6,789
24 years$30,673$23,664$18,040$13,612$10,182$5,937
25 years$29,133$22,207$16,709$12,431$9,162$5,195
26 years$27,714$20,871$15,497$11,367$8,253$4,550
27 years$26,402$19,642$14,390$10,404$7,441$3,987
28 years$25,185$18,509$13,377$9,532$6,714$3,496
29 years$24,055$17,461$12,449$8,741$6,063$3,067
30 years$23,002$16,490$11,596$8,022$5,478$2,691
31 years$22,019$15,588$10,810$7,368$4,953$2,363
32 years$21,099$14,750$10,086$6,771$4,480$2,075
33 years$20,237$13,968$9,417$6,227$4,054$1,823
34 years$19,427$13,239$8,799$5,729$3,671$1,602
35 years$18,665$12,557$8,227$5,274$3,325$1,408
36 years$17,947$11,918$7,696$4,857$3,012$1,238
37 years$17,269$11,320$7,203$4,475$2,730$1,088
38 years$16,629$10,758$6,745$4,125$2,475$957
39 years$16,023$10,229$6,320$3,803$2,245$841
40 years$15,449$9,732$5,923$3,508$2,036$740
41 years$14,904$9,264$5,554$3,237$1,847$651
42 years$14,387$8,823$5,210$2,987$1,676$573
43 years$13,894$8,407$4,889$2,757$1,521$504
44 years$13,426$8,013$4,589$2,546$1,381$443
45 years$12,980$7,641$4,309$2,351$1,253$390
46 years$12,554$7,290$4,047$2,172$1,138$343
47 years$12,148$6,956$3,802$2,007$1,033$302
48 years$11,759$6,641$3,573$1,854$938$266
49 years$11,388$6,342$3,358$1,714$852$234
50 years$11,033$6,058$3,157$1,584$774$206

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 $3,284 every year, while hoping to spend $48,038 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: 52/40/8 Blend
44$11,300,000$11,300,000$11,300,000$11,300,000
45$12,455,987$11,857,087$11,681,937$13,078,620
46$13,675,386$12,386,973$12,022,170$14,031,960
47$15,017,553$12,941,212$12,372,191$15,062,695
48$16,494,961$13,520,949$12,732,276$16,182,463
49$18,121,351$14,127,379$13,102,712$17,399,665
50$19,911,866$14,761,758$13,483,790$18,723,527
51$21,883,191$15,425,399$13,875,811$20,164,188
52$24,053,711$16,119,677$14,279,085$21,732,787
53$26,443,684$16,846,037$14,693,929$23,441,563
54$29,075,434$17,605,987$15,120,671$25,303,970
55$31,973,560$18,401,112$15,559,644$27,334,796
56$35,165,166$19,233,069$16,011,195$29,550,297
57$38,680,120$20,103,596$16,475,677$31,968,349
58$42,551,335$21,014,515$16,953,455$34,608,605
59$46,815,078$21,967,733$17,444,903$37,492,679
60$51,511,313$22,965,249$17,950,404$40,644,344
61$56,684,078$24,009,158$18,470,354$44,089,746
62$62,381,902$25,101,655$19,005,159$47,857,650
63$68,658,260$26,245,040$19,555,236$51,979,697
64$75,572,078$27,441,722$20,121,012$56,490,703
65$83,188,292$28,694,229$20,702,928$61,428,975
66$91,578,457$30,005,205$21,301,435$66,836,664
67$100,821,426$31,377,426$21,916,999$72,760,159
68$111,004,089$32,813,798$22,550,097$79,250,511
69$122,222,199$34,317,367$23,201,217$86,363,909
70$134,581,270$35,891,324$23,870,865$94,162,197
71$148,197,577$37,539,017$24,559,556$102,713,454
72$163,199,251$39,263,950$25,267,823$112,092,619
73$179,727,490$41,069,799$25,996,211$122,382,190
74$197,937,890$42,960,416$26,745,280$133,672,993
75$218,001,914$44,939,835$27,515,606$146,065,025
76$240,108,511$47,012,288$28,307,780$159,668,386
77$264,465,898$49,182,209$29,122,409$174,604,303
78$291,303,528$51,454,246$29,960,118$191,006,264
79$320,874,252$53,833,268$30,821,547$209,021,259
80$353,456,710$56,324,383$31,707,353$228,811,158
81$389,357,956$58,932,940$32,618,211$250,554,217
82$428,916,363$61,664,549$33,554,817$274,446,748
83$472,504,811$64,525,090$34,517,881$300,704,951
84$520,534,207$67,520,726$35,508,136$329,566,941
85$573,457,370$70,657,915$36,526,333$361,294,974
86$631,773,299$73,943,430$37,573,242$396,177,901
87$696,031,886$77,384,369$38,649,656$434,533,877
88$766,839,107$80,988,171$39,756,388$476,713,339
89$844,862,741$84,762,637$40,894,272$523,102,294
90$930,838,676$88,715,941$42,064,166$574,125,938
91$1,025,577,855$92,856,656$43,266,949$630,252,642
92$1,129,973,929$97,193,766$44,503,525$691,998,349
93$1,245,011,698$101,736,688$45,774,821$759,931,418
94$1,371,776,402$106,495,297$47,081,789$834,677,958
95$1,511,463,972$111,479,943$48,425,406$916,927,708
96$1,665,392,315$116,701,478$49,806,674$1,007,440,519
97$1,835,013,758$122,171,278$51,226,625$1,107,053,492
98$2,021,928,758$127,901,267$52,686,314$1,216,688,844
99$2,227,901,012$133,903,949$54,186,825$1,337,362,580
100$2,454,874,104$140,192,432$55,729,273$1,470,194,045