Can I retire at age 45 with 11,500,000?

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$949,659$941,200$932,947$924,892$917,026$905,567
2 years$470,128$461,373$452,887$444,660$436,679$425,149
3 years$310,306$301,512$293,048$284,898$277,047$265,804
4 years$230,410$221,643$213,264$205,253$197,592$186,723
5 years$182,485$173,771$165,501$157,654$150,207$139,742
6 years$150,546$141,897$133,750$126,077$118,853$108,807
7 years$127,741$119,165$111,147$103,655$96,660$87,035
8 years$110,645$102,146$94,261$86,953$80,188$70,984
9 years$97,355$88,937$81,187$74,065$67,530$58,743
10 years$86,729$78,393$70,781$63,845$57,539$49,163
11 years$78,041$69,789$62,314$55,564$49,486$41,513
12 years$70,806$62,639$55,302$48,737$42,883$35,305
13 years$64,689$56,607$49,409$43,028$37,395$30,201
14 years$59,451$51,454$44,394$38,195$32,780$25,960
15 years$54,914$47,005$40,082$34,063$28,862$22,405
16 years$50,949$43,126$36,340$30,500$25,509$19,403
17 years$47,454$39,717$33,068$27,404$22,618$16,851
18 years$44,351$36,701$30,187$24,697$20,111$14,671
19 years$41,578$34,014$27,635$22,315$17,925$12,800
20 years$39,085$31,607$25,362$20,211$16,011$11,187
21 years$36,832$29,441$23,328$18,343$14,328$9,793
22 years$34,787$27,482$21,500$16,678$12,843$8,584
23 years$32,923$25,703$19,852$15,189$11,529$7,534
24 years$31,216$24,082$18,359$13,853$10,362$6,618
25 years$29,649$22,600$17,005$12,651$9,324$5,819
26 years$28,204$21,240$15,771$11,568$8,399$5,121
27 years$26,869$19,990$14,645$10,588$7,572$4,509
28 years$25,631$18,836$13,614$9,701$6,833$3,973
29 years$24,481$17,770$12,669$8,896$6,170$3,502
30 years$23,409$16,782$11,801$8,164$5,575$3,089
31 years$22,408$15,864$11,002$7,498$5,040$2,725
32 years$21,472$15,011$10,265$6,891$4,559$2,405
33 years$20,595$14,215$9,584$6,337$4,126$2,123
34 years$19,771$13,473$8,955$5,831$3,736$1,875
35 years$18,995$12,779$8,372$5,367$3,384$1,656
36 years$18,265$12,129$7,832$4,943$3,066$1,464
37 years$17,575$11,520$7,331$4,555$2,779$1,293
38 years$16,923$10,948$6,865$4,198$2,519$1,143
39 years$16,307$10,410$6,432$3,871$2,284$1,010
40 years$15,722$9,905$6,028$3,570$2,072$893
41 years$15,168$9,428$5,653$3,294$1,880$790
42 years$14,641$8,979$5,302$3,040$1,706$698
43 years$14,140$8,555$4,976$2,806$1,548$618
44 years$13,664$8,155$4,670$2,591$1,405$546
45 years$13,209$7,777$4,385$2,393$1,276$483
46 years$12,776$7,419$4,119$2,210$1,158$427
47 years$12,363$7,080$3,870$2,042$1,052$378
48 years$11,967$6,758$3,636$1,887$955$334
49 years$11,590$6,454$3,418$1,744$867$296
50 years$11,228$6,165$3,213$1,612$788$262

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,500,000, adding $4,290 every year, while hoping to spend $54,049 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: 26/49/25 Blend
44$11,500,000$11,500,000$11,500,000$11,500,000
45$12,677,425$12,067,925$11,889,675$12,907,104
46$13,913,015$12,601,746$12,230,472$13,627,216
47$15,272,823$13,159,912$12,580,873$14,394,373
48$16,769,463$13,743,560$12,941,145$15,216,386
49$18,416,833$14,353,879$13,311,558$16,097,920
50$20,230,247$14,992,116$13,692,392$17,044,075
51$22,226,578$15,659,576$14,083,933$18,060,429
52$24,424,420$16,357,625$14,486,475$19,153,091
53$26,844,259$17,087,698$14,900,321$20,328,744
54$29,508,671$17,851,293$15,325,779$21,594,707
55$32,442,532$18,649,982$15,763,169$22,958,999
56$35,673,252$19,485,413$16,212,817$24,430,403
57$39,231,035$20,359,310$16,675,057$26,018,548
58$43,149,164$21,273,479$17,150,235$27,733,986
59$47,464,314$22,229,815$17,638,703$29,588,292
60$52,216,898$23,230,300$18,140,824$31,594,157
61$57,451,449$24,277,012$18,656,969$33,765,504
62$63,217,040$25,372,129$19,187,520$36,117,614
63$69,567,746$26,517,931$19,732,870$38,667,251
64$76,563,154$27,716,808$20,293,420$41,432,824
65$84,268,929$28,971,264$20,869,582$44,434,538
66$92,757,427$30,283,923$21,461,780$47,694,584
67$102,108,383$31,657,534$22,070,449$51,237,333
68$112,409,662$33,094,978$22,696,033$55,089,556
69$123,758,088$34,599,272$23,338,991$59,280,664
70$136,260,357$36,173,580$23,999,791$63,842,976
71$150,034,044$37,821,216$24,678,914$68,812,007
72$165,208,713$39,545,652$25,376,854$74,226,793
73$181,927,142$41,350,529$26,094,119$80,130,244
74$200,346,665$43,239,660$26,831,226$86,569,534
75$220,640,662$45,217,040$27,588,710$93,596,533
76$243,000,194$47,286,860$28,367,116$101,268,278
77$267,635,806$49,453,508$29,167,006$109,647,494
78$294,779,511$51,721,583$29,988,955$118,803,172
79$324,686,988$54,095,907$30,833,551$128,811,199
80$357,639,986$56,581,532$31,701,401$139,755,055
81$393,948,991$59,183,753$32,593,123$151,726,584
82$433,956,150$61,908,119$33,509,355$164,826,834
83$478,038,506$64,760,446$34,450,748$179,166,994
84$526,611,557$67,746,831$35,417,970$194,869,418
85$580,133,171$70,873,661$36,411,708$212,068,757
86$639,107,918$74,147,634$37,432,664$230,913,203
87$704,091,827$77,575,769$38,481,559$251,565,865
88$775,697,633$81,165,422$39,559,131$274,206,276
89$854,600,567$84,924,303$40,666,138$299,032,063
90$941,544,726$88,860,495$41,803,355$326,260,779
91$1,037,350,100$92,982,471$42,971,578$356,131,929
92$1,142,920,307$97,299,109$44,171,623$388,909,192
93$1,259,251,131$101,819,718$45,404,325$424,882,882
94$1,387,439,917$106,554,055$46,670,541$464,372,646
95$1,528,695,932$111,512,347$47,971,148$507,730,449
96$1,684,351,781$116,705,316$49,307,045$555,343,851
97$1,855,875,985$122,144,199$50,679,154$607,639,628
98$2,044,886,849$127,840,778$52,088,418$665,087,757
99$2,253,167,733$133,807,402$53,535,806$728,205,804
100$2,482,683,894$140,057,017$55,022,308$797,563,766