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

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$941,401$933,016$924,835$916,849$909,052$888,158
2 years$466,040$457,361$448,949$440,793$432,882$411,947
3 years$307,607$298,890$290,500$282,420$274,638$254,316
4 years$228,406$219,716$211,409$203,468$195,874$176,322
5 years$180,898$172,260$164,062$156,283$148,900$130,172
6 years$149,236$140,663$132,587$124,981$117,820$99,936
7 years$126,630$118,129$110,180$102,754$95,819$78,781
8 years$109,682$101,258$93,442$86,197$79,491$63,293
9 years$96,508$88,163$80,481$73,421$66,943$51,573
10 years$85,975$77,712$70,165$63,290$57,039$42,479
11 years$77,362$69,182$61,772$55,081$49,055$35,287
12 years$70,191$62,094$54,821$48,313$42,510$29,511
13 years$64,127$56,115$48,979$42,653$37,070$24,815
14 years$58,934$51,007$44,008$37,863$32,495$20,960
15 years$54,437$46,596$39,733$33,767$28,611$17,768
16 years$50,506$42,751$36,024$30,235$25,287$15,109
17 years$47,042$39,372$32,781$27,166$22,421$12,881
18 years$43,965$36,381$29,924$24,482$19,936$11,004
19 years$41,216$33,718$27,394$22,121$17,769$9,418
20 years$38,745$31,332$25,141$20,035$15,872$8,073
21 years$36,512$29,185$23,125$18,183$14,203$6,929
22 years$34,485$27,243$21,313$16,533$12,731$5,954
23 years$32,637$25,480$19,679$15,057$11,428$5,121
24 years$30,945$23,873$18,200$13,733$10,272$4,408
25 years$29,391$22,404$16,857$12,541$9,243$3,797
26 years$27,959$21,056$15,634$11,467$8,326$3,272
27 years$26,635$19,816$14,517$10,496$7,507$2,822
28 years$25,408$18,672$13,496$9,617$6,773$2,434
29 years$24,268$17,615$12,559$8,819$6,116$2,101
30 years$23,205$16,636$11,698$8,093$5,526$1,814
31 years$22,214$15,726$10,906$7,433$4,996$1,566
32 years$21,286$14,880$10,175$6,831$4,520$1,353
33 years$20,416$14,092$9,501$6,282$4,090$1,169
34 years$19,599$13,356$8,877$5,780$3,703$1,010
35 years$18,830$12,668$8,299$5,321$3,354$873
36 years$18,106$12,024$7,764$4,900$3,039$754
37 years$17,422$11,420$7,267$4,515$2,754$652
38 years$16,776$10,853$6,805$4,162$2,497$564
39 years$16,165$10,320$6,376$3,837$2,264$487
40 years$15,586$9,819$5,976$3,539$2,054$421
41 years$15,036$9,346$5,603$3,265$1,863$364
42 years$14,514$8,901$5,256$3,014$1,691$315
43 years$14,017$8,481$4,932$2,782$1,535$272
44 years$13,545$8,084$4,630$2,569$1,393$236
45 years$13,095$7,709$4,347$2,372$1,264$204
46 years$12,665$7,354$4,083$2,191$1,148$176
47 years$12,255$7,018$3,836$2,024$1,043$152
48 years$11,863$6,700$3,605$1,871$947$132
49 years$11,489$6,398$3,388$1,729$860$114
50 years$11,130$6,111$3,185$1,598$781$99

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 $2,869 every year, while hoping to spend $56,329 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: 55/21/24 Blend
44$11,400,000$11,400,000$11,400,000$11,400,000
45$12,565,759$11,961,559$11,784,859$13,174,015
46$13,787,533$12,487,742$12,119,719$14,118,184
47$15,132,040$13,037,820$12,463,908$15,139,780
48$16,611,739$13,612,904$12,817,680$16,251,205
49$18,240,359$14,214,159$13,181,294$17,461,103
50$20,033,026$14,842,803$13,555,018$18,778,975
51$22,006,408$15,500,114$13,939,124$20,215,273
52$24,178,870$16,187,428$14,333,893$21,781,494
53$26,570,649$16,906,146$14,739,613$23,490,282
54$29,204,044$17,657,736$15,156,579$25,355,549
55$32,103,626$18,443,734$15,585,094$27,392,602
56$35,296,469$19,265,751$16,025,468$29,618,282
57$38,812,408$20,125,472$16,478,020$32,051,124
58$42,684,318$21,024,664$16,943,078$34,711,521
59$46,948,423$21,965,177$17,420,975$37,621,922
60$51,644,641$22,948,950$17,912,057$40,807,034
61$56,816,959$23,978,013$18,416,676$44,294,051
62$62,513,847$25,054,494$18,935,193$48,112,909
63$68,788,717$26,180,622$19,467,979$52,296,566
64$75,700,425$27,358,731$20,015,416$56,881,302
65$83,313,828$28,591,269$20,577,892$61,907,064
66$91,700,395$29,880,797$21,155,808$67,417,832
67$100,938,882$31,230,002$21,749,573$73,462,033
68$111,116,072$32,641,697$22,359,609$80,092,994
69$122,327,601$34,118,830$22,986,345$87,369,433
70$134,678,854$35,664,490$23,630,225$95,356,015
71$148,285,960$37,281,913$24,291,700$104,123,952
72$163,276,891$38,974,490$24,971,236$113,751,671
73$179,792,669$40,745,775$25,669,307$124,325,544
74$197,988,695$42,599,491$26,386,402$135,940,704
75$218,036,216$44,539,541$27,123,021$148,701,926
76$240,123,944$46,570,012$27,879,676$162,724,616
77$264,459,833$48,695,189$28,656,892$178,135,890
78$291,273,044$50,919,562$29,455,207$195,075,767
79$320,816,111$53,247,837$30,275,172$213,698,478
80$353,367,316$55,684,943$31,117,352$234,173,919
81$389,233,325$58,236,048$31,982,326$256,689,242
82$428,752,077$60,906,567$32,870,687$281,450,611
83$472,295,976$63,702,175$33,783,042$308,685,142
84$520,275,405$66,628,821$34,720,013$338,643,034
85$573,142,600$69,692,738$35,682,238$371,599,918
86$631,395,922$72,900,458$36,670,369$407,859,452
87$695,584,554$76,258,829$37,685,075$447,756,171
88$766,313,694$79,775,027$38,727,040$491,658,636
89$844,250,261$83,456,574$39,796,966$539,972,899
90$930,129,194$87,311,352$40,895,571$593,146,320
91$1,024,760,388$91,347,625$42,023,589$651,671,781
92$1,129,036,341$95,574,052$43,181,773$716,092,320
93$1,243,940,579$99,999,712$44,370,894$787,006,242
94$1,370,556,940$104,634,119$45,591,740$865,072,753
95$1,510,079,803$109,487,246$46,845,118$951,018,167
96$1,663,825,369$114,569,547$48,131,856$1,045,642,739
97$1,833,244,081$119,891,980$49,452,798$1,149,828,208
98$2,019,934,321$125,466,030$50,808,810$1,264,546,099
99$2,225,657,495$131,303,739$52,200,778$1,390,866,872
100$2,452,354,663$137,417,726$53,629,608$1,529,970,010