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

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$949,659$941,200$932,947$924,892$917,026$906,695
2 years$470,128$461,373$452,887$444,660$436,679$426,279
3 years$310,306$301,512$293,048$284,898$277,047$266,900
4 years$230,410$221,643$213,264$205,253$197,592$187,777
5 years$182,485$173,771$165,501$157,654$150,207$140,752
6 years$150,546$141,897$133,750$126,077$118,853$109,771
7 years$127,741$119,165$111,147$103,655$96,660$87,953
8 years$110,645$102,146$94,261$86,953$80,188$71,856
9 years$97,355$88,937$81,187$74,065$67,530$59,570
10 years$86,729$78,393$70,781$63,845$57,539$49,946
11 years$78,041$69,789$62,314$55,564$49,486$42,252
12 years$70,806$62,639$55,302$48,737$42,883$36,002
13 years$64,689$56,607$49,409$43,028$37,395$30,858
14 years$59,451$51,454$44,394$38,195$32,780$26,578
15 years$54,914$47,005$40,082$34,063$28,862$22,985
16 years$50,949$43,126$36,340$30,500$25,509$19,946
17 years$47,454$39,717$33,068$27,404$22,618$17,360
18 years$44,351$36,701$30,187$24,697$20,111$15,146
19 years$41,578$34,014$27,635$22,315$17,925$13,243
20 years$39,085$31,607$25,362$20,211$16,011$11,600
21 years$36,832$29,441$23,328$18,343$14,328$10,178
22 years$34,787$27,482$21,500$16,678$12,843$8,942
23 years$32,923$25,703$19,852$15,189$11,529$7,865
24 years$31,216$24,082$18,359$13,853$10,362$6,926
25 years$29,649$22,600$17,005$12,651$9,324$6,104
26 years$28,204$21,240$15,771$11,568$8,399$5,384
27 years$26,869$19,990$14,645$10,588$7,572$4,752
28 years$25,631$18,836$13,614$9,701$6,833$4,197
29 years$24,481$17,770$12,669$8,896$6,170$3,709
30 years$23,409$16,782$11,801$8,164$5,575$3,279
31 years$22,408$15,864$11,002$7,498$5,040$2,900
32 years$21,472$15,011$10,265$6,891$4,559$2,566
33 years$20,595$14,215$9,584$6,337$4,126$2,271
34 years$19,771$13,473$8,955$5,831$3,736$2,011
35 years$18,995$12,779$8,372$5,367$3,384$1,781
36 years$18,265$12,129$7,832$4,943$3,066$1,577
37 years$17,575$11,520$7,331$4,555$2,779$1,397
38 years$16,923$10,948$6,865$4,198$2,519$1,238
39 years$16,307$10,410$6,432$3,871$2,284$1,097
40 years$15,722$9,905$6,028$3,570$2,072$973
41 years$15,168$9,428$5,653$3,294$1,880$862
42 years$14,641$8,979$5,302$3,040$1,706$764
43 years$14,140$8,555$4,976$2,806$1,548$678
44 years$13,664$8,155$4,670$2,591$1,405$601
45 years$13,209$7,777$4,385$2,393$1,276$533
46 years$12,776$7,419$4,119$2,210$1,158$473
47 years$12,363$7,080$3,870$2,042$1,052$419
48 years$11,967$6,758$3,636$1,887$955$372
49 years$11,590$6,454$3,418$1,744$867$330
50 years$11,228$6,165$3,213$1,612$788$293

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 $6,347 every year, while hoping to spend $44,062 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: 38/44/18 Blend
44$11,500,000$11,500,000$11,500,000$11,500,000
45$12,679,547$12,070,047$11,891,797$13,092,535
46$13,925,979$12,614,598$12,243,291$13,934,767
47$15,298,071$13,184,354$12,605,082$14,839,723
48$16,808,592$13,780,506$12,977,471$15,816,805
49$18,471,616$14,404,298$13,360,763$16,872,538
50$20,302,647$15,057,035$13,755,275$18,014,077
51$22,318,771$15,740,084$14,161,331$19,249,267
52$24,538,816$16,454,878$14,579,266$20,586,716
53$26,983,526$17,202,918$15,009,422$22,035,868
54$29,675,762$17,985,778$15,452,154$23,607,088
55$32,640,713$18,805,104$15,907,825$25,311,754
56$35,906,137$19,662,626$16,376,809$27,162,355
57$39,502,621$20,560,152$16,859,490$29,172,608
58$43,463,869$21,499,580$17,356,263$31,357,575
59$47,827,021$22,482,898$17,867,536$33,733,803
60$52,633,005$23,512,187$18,393,726$36,319,469
61$57,926,920$24,589,633$18,935,264$39,134,548
62$63,758,462$25,717,521$19,492,592$42,200,989
63$70,182,397$26,898,251$20,066,164$45,542,916
64$77,259,070$28,134,334$20,656,450$49,186,847
65$85,054,983$29,428,404$21,263,929$53,161,935
66$93,643,417$30,783,222$21,889,096$57,500,234
67$103,105,126$32,201,680$22,532,461$62,236,990
68$113,529,096$33,686,809$23,194,546$67,410,963
69$125,013,390$35,241,789$23,875,889$73,064,787
70$137,666,067$36,869,949$24,577,043$79,245,351
71$151,606,210$38,574,779$25,298,578$86,004,240
72$166,965,040$40,359,940$26,041,077$93,398,203
73$183,887,163$42,229,267$26,805,142$101,489,676
74$202,531,931$44,186,778$27,591,391$110,347,360
75$223,074,946$46,236,688$28,400,461$120,046,854
76$245,709,718$48,383,414$29,233,005$130,671,353
77$270,649,493$50,631,585$30,089,694$142,312,417
78$298,129,263$52,986,053$30,971,220$155,070,821
79$328,407,984$55,451,907$31,878,292$169,057,485
80$361,771,026$58,034,478$32,811,643$184,394,507
81$398,532,859$60,739,356$33,772,021$201,216,296
82$439,040,027$63,572,400$34,760,200$219,670,819
83$483,674,415$66,539,753$35,776,972$239,920,976
84$532,856,858$69,647,854$36,823,154$262,146,121
85$587,051,112$72,903,453$37,899,583$286,543,728
86$646,768,230$76,313,626$39,007,124$313,331,232
87$712,571,387$79,885,792$40,146,660$342,748,057
88$785,081,200$83,627,727$41,319,105$375,057,853
89$864,981,581$87,547,584$42,525,393$410,550,953
90$953,026,197$91,653,911$43,766,488$449,547,085
91$1,050,045,583$95,955,666$45,043,380$492,398,365
92$1,156,954,984$100,462,246$46,357,085$539,492,587
93$1,274,762,994$105,183,497$47,708,649$591,256,849
94$1,404,581,076$110,129,746$49,099,146$648,161,555
95$1,547,634,060$115,311,817$50,529,680$710,724,815
96$1,705,271,697$120,741,059$52,001,388$779,517,303
97$1,878,981,411$126,429,372$53,515,435$855,167,601
98$2,070,402,333$132,389,230$55,073,021$938,368,092
99$2,281,340,782$138,633,712$56,675,378$1,029,881,458
100$2,513,787,311$145,176,533$58,323,772$1,130,547,829