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%14.3%
1 years$933,143$924,831$916,722$908,807$901,078$885,058
2 years$461,952$453,349$445,011$436,926$429,085$413,000
3 years$304,909$296,268$287,951$279,943$272,229$256,580
4 years$226,403$217,789$209,555$201,683$194,156$179,063
5 years$179,311$170,749$162,623$154,912$147,594$133,101
6 years$147,927$139,429$131,424$123,884$116,786$102,909
7 years$125,519$117,093$109,214$101,852$94,979$81,721
8 years$108,720$100,370$92,622$85,441$78,794$66,153
9 years$95,662$87,390$79,775$72,777$66,356$54,324
10 years$85,221$77,030$69,550$62,734$56,538$45,105
11 years$76,684$68,575$61,231$54,598$48,625$37,778
12 years$69,575$61,550$54,341$47,890$42,137$31,862
13 years$63,564$55,623$48,550$42,279$36,745$27,024
14 years$58,417$50,560$43,622$37,531$32,210$23,028
15 years$53,959$46,187$39,385$33,471$28,360$19,699
16 years$50,063$42,376$35,708$29,970$25,065$16,905
17 years$46,629$39,027$32,493$26,927$22,224$14,547
18 years$43,580$36,062$29,662$24,267$19,761$12,547
19 years$40,855$33,422$27,154$21,927$17,613$10,842
20 years$38,405$31,057$24,921$19,859$15,732$9,385
21 years$36,192$28,929$22,922$18,024$14,079$8,136
22 years$34,182$27,004$21,126$16,388$12,620$7,061
23 years$32,350$25,256$19,506$14,925$11,328$6,135
24 years$30,673$23,664$18,040$13,612$10,182$5,335
25 years$29,133$22,207$16,709$12,431$9,162$4,643
26 years$27,714$20,871$15,497$11,367$8,253$4,044
27 years$26,402$19,642$14,390$10,404$7,441$3,524
28 years$25,185$18,509$13,377$9,532$6,714$3,072
29 years$24,055$17,461$12,449$8,741$6,063$2,680
30 years$23,002$16,490$11,596$8,022$5,478$2,338
31 years$22,019$15,588$10,810$7,368$4,953$2,041
32 years$21,099$14,750$10,086$6,771$4,480$1,782
33 years$20,237$13,968$9,417$6,227$4,054$1,556
34 years$19,427$13,239$8,799$5,729$3,671$1,359
35 years$18,665$12,557$8,227$5,274$3,325$1,188
36 years$17,947$11,918$7,696$4,857$3,012$1,038
37 years$17,269$11,320$7,203$4,475$2,730$907
38 years$16,629$10,758$6,745$4,125$2,475$793
39 years$16,023$10,229$6,320$3,803$2,245$693
40 years$15,449$9,732$5,923$3,508$2,036$606
41 years$14,904$9,264$5,554$3,237$1,847$530
42 years$14,387$8,823$5,210$2,987$1,676$463
43 years$13,894$8,407$4,889$2,757$1,521$405
44 years$13,426$8,013$4,589$2,546$1,381$354
45 years$12,980$7,641$4,309$2,351$1,253$310
46 years$12,554$7,290$4,047$2,172$1,138$271
47 years$12,148$6,956$3,802$2,007$1,033$237
48 years$11,759$6,641$3,573$1,854$938$207
49 years$11,388$6,342$3,358$1,714$852$181
50 years$11,033$6,058$3,157$1,584$774$159

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 $5,411 every year, while hoping to spend $44,515 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: 47/42/11 Blend
44$11,300,000$11,300,000$11,300,000$11,300,000
45$12,458,181$11,859,281$11,684,131$13,005,460
46$13,681,552$12,393,023$12,028,186$13,917,185
47$15,028,215$12,951,425$12,382,275$14,901,059
48$16,510,699$13,535,650$12,746,687$15,967,834
49$18,142,808$14,146,915$13,121,719$17,125,230
50$19,939,755$14,786,495$13,507,677$18,381,722
51$21,918,301$15,455,725$13,904,876$19,746,618
52$24,096,918$16,156,005$14,313,638$21,230,135
53$26,495,956$16,888,801$14,734,298$22,843,501
54$29,137,842$17,655,651$15,167,195$24,599,046
55$32,047,288$18,458,164$15,612,683$26,510,319
56$35,251,525$19,298,029$16,071,122$28,592,209
57$38,780,561$20,177,012$16,542,884$30,861,080
58$42,667,459$21,096,967$17,028,352$33,334,915
59$46,948,657$22,059,835$17,527,918$36,033,489
60$51,664,303$23,067,650$18,041,987$38,978,537
61$56,858,643$24,122,546$18,570,974$42,193,963
62$62,580,429$25,226,755$19,115,307$45,706,052
63$68,883,387$26,382,620$19,675,424$49,543,711
64$75,826,719$27,592,595$20,251,777$53,738,737
65$83,475,664$28,859,252$20,844,831$58,326,104
66$91,902,111$30,185,285$21,455,062$63,344,290
67$101,185,282$31,573,519$22,082,962$68,835,627
68$111,412,475$33,026,915$22,729,036$74,846,692
69$122,679,889$34,548,576$23,393,800$81,428,737
70$135,093,535$36,141,754$24,077,790$88,638,162
71$148,770,233$37,809,857$24,781,553$96,537,038
72$163,838,714$39,556,457$25,505,652$105,193,677
73$180,440,838$41,385,299$26,250,667$114,683,271
74$198,732,932$43,300,308$27,017,193$125,088,584
75$218,887,265$45,305,596$27,805,842$136,500,723
76$241,093,672$47,405,476$28,617,244$149,019,984
77$265,561,349$49,604,467$29,452,045$162,756,782
78$292,520,827$51,907,307$30,310,909$177,832,681
79$322,226,148$54,318,961$31,194,520$194,381,524
80$354,957,259$56,844,634$32,103,580$212,550,683
81$391,022,660$59,489,782$33,038,811$232,502,428
82$430,762,315$62,260,125$34,000,955$254,415,443
83$474,550,859$65,161,658$34,990,774$278,486,495
84$522,801,133$68,200,666$36,009,052$304,932,271
85$575,968,087$71,383,737$37,056,594$333,991,400
86$634,553,070$74,717,778$38,134,228$365,926,690
87$699,108,562$78,210,028$39,242,803$401,027,578
88$770,243,393$81,868,078$40,383,195$439,612,846
89$848,628,489$85,699,883$41,556,302$482,033,600
90$935,003,203$89,713,786$42,763,046$528,676,562
91$1,030,182,297$93,918,529$44,004,376$579,967,690
92$1,135,063,636$98,323,281$45,281,267$636,376,175
93$1,250,636,658$102,937,653$46,594,720$698,418,834
94$1,377,991,718$107,771,719$47,945,765$766,664,963
95$1,518,330,384$112,836,044$49,335,458$841,741,677
96$1,672,976,774$118,141,701$50,764,887$924,339,791
97$1,843,390,062$123,700,301$52,235,167$1,015,220,314
98$2,031,178,249$129,524,017$53,747,446$1,115,221,588
99$2,238,113,346$135,625,610$55,302,902$1,225,267,165
100$2,466,148,104$142,018,461$56,902,746$1,346,374,485