Can I retire at age 45 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$941,401$933,016$924,835$916,849$909,052$872,984
2 years$466,040$457,361$448,949$440,793$432,882$396,991
3 years$307,607$298,890$290,500$282,420$274,638$240,055
4 years$228,406$219,716$211,409$203,468$195,874$162,862
5 years$180,898$172,260$164,062$156,283$148,900$117,542
6 years$149,236$140,663$132,587$124,981$117,820$88,136
7 years$126,630$118,129$110,180$102,754$95,819$67,799
8 years$109,682$101,258$93,442$86,197$79,491$53,107
9 years$96,508$88,163$80,481$73,421$66,943$42,154
10 years$85,975$77,712$70,165$63,290$57,039$33,796
11 years$77,362$69,182$61,772$55,081$49,055$27,305
12 years$70,191$62,094$54,821$48,313$42,510$22,194
13 years$64,127$56,115$48,979$42,653$37,070$18,126
14 years$58,934$51,007$44,008$37,863$32,495$14,861
15 years$54,437$46,596$39,733$33,767$28,611$12,221
16 years$50,506$42,751$36,024$30,235$25,287$10,075
17 years$47,042$39,372$32,781$27,166$22,421$8,323
18 years$43,965$36,381$29,924$24,482$19,936$6,886
19 years$41,216$33,718$27,394$22,121$17,769$5,706
20 years$38,745$31,332$25,141$20,035$15,872$4,733
21 years$36,512$29,185$23,125$18,183$14,203$3,930
22 years$34,485$27,243$21,313$16,533$12,731$3,265
23 years$32,637$25,480$19,679$15,057$11,428$2,715
24 years$30,945$23,873$18,200$13,733$10,272$2,258
25 years$29,391$22,404$16,857$12,541$9,243$1,880
26 years$27,959$21,056$15,634$11,467$8,326$1,565
27 years$26,635$19,816$14,517$10,496$7,507$1,303
28 years$25,408$18,672$13,496$9,617$6,773$1,085
29 years$24,268$17,615$12,559$8,819$6,116$904
30 years$23,205$16,636$11,698$8,093$5,526$754
31 years$22,214$15,726$10,906$7,433$4,996$628
32 years$21,286$14,880$10,175$6,831$4,520$524
33 years$20,416$14,092$9,501$6,282$4,090$436
34 years$19,599$13,356$8,877$5,780$3,703$364
35 years$18,830$12,668$8,299$5,321$3,354$303
36 years$18,106$12,024$7,764$4,900$3,039$253
37 years$17,422$11,420$7,267$4,515$2,754$211
38 years$16,776$10,853$6,805$4,162$2,497$176
39 years$16,165$10,320$6,376$3,837$2,264$147
40 years$15,586$9,819$5,976$3,539$2,054$122
41 years$15,036$9,346$5,603$3,265$1,863$102
42 years$14,514$8,901$5,256$3,014$1,691$85
43 years$14,017$8,481$4,932$2,782$1,535$71
44 years$13,545$8,084$4,630$2,569$1,393$59
45 years$13,095$7,709$4,347$2,372$1,264$49
46 years$12,665$7,354$4,083$2,191$1,148$41
47 years$12,255$7,018$3,836$2,024$1,043$34
48 years$11,863$6,700$3,605$1,871$947$29
49 years$11,489$6,398$3,388$1,729$860$24
50 years$11,130$6,111$3,185$1,598$781$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,400,000, adding $5,975 every year, while hoping to spend $53,000 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: 67/20/13 Blend
44$11,400,000$11,400,000$11,400,000$11,400,000
45$12,568,963$11,964,763$11,788,063$13,373,652
46$13,794,606$12,494,645$12,126,572$14,440,403
47$15,143,488$13,048,715$12,474,644$15,599,492
48$16,628,123$13,628,102$12,832,544$16,865,450
49$18,262,302$14,233,988$13,200,544$18,248,743
50$20,061,217$14,867,614$13,578,923$19,760,887
51$22,041,610$15,530,276$13,967,966$21,414,553
52$24,221,929$16,223,335$14,367,968$23,223,687
53$26,622,501$16,948,214$14,779,230$25,203,636
54$29,265,725$17,706,404$15,202,063$27,371,294
55$32,176,281$18,499,470$15,636,784$29,745,254
56$35,381,365$19,329,047$16,083,719$32,345,983
57$38,910,945$20,196,852$16,543,205$35,196,012
58$42,798,044$21,104,680$17,015,585$38,320,148
59$47,079,050$22,054,415$17,501,213$41,745,700
60$51,794,060$23,048,029$18,000,450$45,502,735
61$56,987,259$24,087,587$18,513,670$49,624,361
62$62,707,336$25,175,255$19,041,255$54,147,032
63$69,007,943$26,313,301$19,583,595$59,110,891
64$75,948,202$27,504,102$20,141,095$64,560,143
65$83,593,264$28,750,148$20,714,166$70,543,469
66$92,014,919$30,054,048$21,303,234$77,114,481
67$101,292,281$31,418,536$21,908,731$84,332,221
68$111,512,526$32,846,476$22,531,107$92,261,720
69$122,771,721$34,340,872$23,170,817$100,974,597
70$135,175,730$35,904,868$23,828,332$110,549,738
71$148,841,209$37,541,760$24,504,135$121,074,033
72$163,896,709$39,255,003$25,198,721$132,643,189
73$180,483,891$41,048,217$25,912,596$145,362,626
74$198,758,862$42,925,194$26,646,282$159,348,471
75$218,893,648$44,889,909$27,400,314$174,728,643
76$241,077,814$46,946,530$28,175,239$191,644,055
77$265,520,262$49,099,420$28,971,620$210,249,938
78$292,451,194$51,353,157$29,790,034$230,717,297
79$322,124,288$53,712,534$30,631,073$253,234,520
80$354,819,095$56,182,577$31,495,343$278,009,145
81$390,843,673$58,768,554$32,383,468$305,269,815
82$430,537,498$61,475,984$33,296,085$335,268,421
83$474,274,668$64,310,653$34,233,849$368,282,478
84$522,467,434$67,278,624$35,197,433$404,617,729
85$575,570,089$70,386,254$36,187,524$444,611,024
86$634,083,262$73,640,203$37,204,829$488,633,489
87$698,558,635$77,047,454$38,250,072$537,094,018
88$769,604,162$80,615,325$39,323,995$590,443,121
89$847,889,798$84,351,487$40,427,360$649,177,166
90$934,153,827$88,263,981$41,560,947$713,843,050
91$1,029,209,835$92,361,233$42,725,556$785,043,351
92$1,133,954,384$96,652,079$43,922,007$863,442,001
93$1,249,375,478$101,145,778$45,151,142$949,770,541
94$1,376,561,894$105,852,038$46,413,822$1,044,835,009
95$1,516,713,452$110,781,033$47,710,930$1,149,523,536
96$1,671,152,350$115,943,430$49,043,372$1,264,814,713
97$1,841,335,641$121,350,409$50,412,076$1,391,786,811
98$2,028,868,988$127,013,691$51,817,993$1,531,627,944
99$2,235,521,826$132,945,563$53,262,097$1,685,647,265
100$2,463,244,062$139,158,905$54,745,386$1,855,287,305