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%19%
1 years$949,659$941,200$932,947$924,892$917,026$883,786
2 years$470,128$461,373$452,887$444,660$436,679$403,555
3 years$310,306$301,512$293,048$284,898$277,047$245,081
4 years$230,410$221,643$213,264$205,253$197,592$167,028
5 years$182,485$173,771$165,501$157,654$150,207$121,123
6 years$150,546$141,897$133,750$126,077$118,853$91,272
7 years$127,741$119,165$111,147$103,655$96,660$70,575
8 years$110,645$102,146$94,261$86,953$80,188$55,577
9 years$97,355$88,937$81,187$74,065$67,530$44,359
10 years$86,729$78,393$70,781$63,845$57,539$35,768
11 years$78,041$69,789$62,314$55,564$49,486$29,069
12 years$70,806$62,639$55,302$48,737$42,883$23,770
13 years$64,689$56,607$49,409$43,028$37,395$19,534
14 years$59,451$51,454$44,394$38,195$32,780$16,115
15 years$54,914$47,005$40,082$34,063$28,862$13,338
16 years$50,949$43,126$36,340$30,500$25,509$11,068
17 years$47,454$39,717$33,068$27,404$22,618$9,204
18 years$44,351$36,701$30,187$24,697$20,111$7,667
19 years$41,578$34,014$27,635$22,315$17,925$6,397
20 years$39,085$31,607$25,362$20,211$16,011$5,343
21 years$36,832$29,441$23,328$18,343$14,328$4,467
22 years$34,787$27,482$21,500$16,678$12,843$3,738
23 years$32,923$25,703$19,852$15,189$11,529$3,130
24 years$31,216$24,082$18,359$13,853$10,362$2,622
25 years$29,649$22,600$17,005$12,651$9,324$2,198
26 years$28,204$21,240$15,771$11,568$8,399$1,843
27 years$26,869$19,990$14,645$10,588$7,572$1,546
28 years$25,631$18,836$13,614$9,701$6,833$1,298
29 years$24,481$17,770$12,669$8,896$6,170$1,089
30 years$23,409$16,782$11,801$8,164$5,575$914
31 years$22,408$15,864$11,002$7,498$5,040$768
32 years$21,472$15,011$10,265$6,891$4,559$645
33 years$20,595$14,215$9,584$6,337$4,126$541
34 years$19,771$13,473$8,955$5,831$3,736$455
35 years$18,995$12,779$8,372$5,367$3,384$382
36 years$18,265$12,129$7,832$4,943$3,066$321
37 years$17,575$11,520$7,331$4,555$2,779$270
38 years$16,923$10,948$6,865$4,198$2,519$226
39 years$16,307$10,410$6,432$3,871$2,284$190
40 years$15,722$9,905$6,028$3,570$2,072$160
41 years$15,168$9,428$5,653$3,294$1,880$134
42 years$14,641$8,979$5,302$3,040$1,706$113
43 years$14,140$8,555$4,976$2,806$1,548$95
44 years$13,664$8,155$4,670$2,591$1,405$80
45 years$13,209$7,777$4,385$2,393$1,276$67
46 years$12,776$7,419$4,119$2,210$1,158$56
47 years$12,363$7,080$3,870$2,042$1,052$47
48 years$11,967$6,758$3,636$1,887$955$40
49 years$11,590$6,454$3,418$1,744$867$33
50 years$11,228$6,165$3,213$1,612$788$28

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 $6,843 every year, while hoping to spend $25,253 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: 33/38/29 Blend
44$11,500,000$11,500,000$11,500,000$11,500,000
45$12,680,059$12,070,559$11,892,309$12,986,662
46$13,946,556$12,635,147$12,263,832$13,785,747
47$15,341,389$13,226,554$12,646,955$14,643,619
48$16,877,622$13,846,066$13,042,039$15,567,702
49$18,569,651$14,495,035$13,449,459$16,563,883
50$20,433,337$15,174,874$13,869,598$17,638,608
51$22,486,161$15,887,066$14,302,853$18,798,945
52$24,747,386$16,633,168$14,749,635$20,052,641
53$27,238,235$17,414,810$15,210,364$21,408,192
54$29,982,100$18,233,700$15,685,475$22,874,915
55$33,004,754$19,091,631$16,175,419$24,463,032
56$36,334,600$19,990,482$16,680,656$26,183,761
57$40,002,936$20,932,223$17,201,665$28,049,410
58$44,044,251$21,918,918$17,738,937$30,073,494
59$48,496,553$22,952,733$18,292,980$32,270,849
60$53,401,724$24,035,939$18,864,317$34,657,767
61$58,805,915$25,170,915$19,453,486$37,252,143
62$64,759,985$26,360,157$20,061,045$40,073,634
63$71,319,981$27,606,282$20,687,568$43,143,837
64$78,547,663$28,912,034$21,333,645$46,486,482
65$86,511,088$30,280,287$21,999,886$50,127,649
66$95,285,258$31,714,060$22,686,920$54,096,003
67$104,952,819$33,216,513$23,395,397$58,423,055
68$115,604,847$34,790,964$24,125,984$63,143,448
69$127,341,709$36,440,888$24,879,371$68,295,273
70$140,274,002$38,169,931$25,656,270$73,920,417
71$154,523,608$39,981,915$26,457,413$80,064,947
72$170,224,837$41,880,849$27,283,556$86,779,530
73$187,525,694$43,870,935$28,135,480$94,119,900
74$206,589,284$45,956,580$29,013,987$102,147,368
75$227,595,343$48,142,405$29,919,908$110,929,388
76$250,741,940$50,433,254$30,854,096$120,540,177
77$276,247,343$52,834,209$31,817,434$131,061,400
78$304,352,084$55,350,597$32,810,830$142,582,926
79$335,321,225$57,988,005$33,835,221$155,203,654
80$369,446,863$60,752,290$34,891,574$169,032,434
81$407,050,887$63,649,596$35,980,886$184,189,071
82$448,488,015$66,686,364$37,104,183$200,805,438
83$494,149,146$69,869,349$38,262,526$219,026,699
84$544,465,045$73,205,633$39,457,007$239,012,658
85$599,910,415$76,702,645$40,688,753$260,939,243
86$661,008,377$80,368,174$41,958,925$285,000,146
87$728,335,404$84,210,387$43,268,721$311,408,623
88$802,526,769$88,237,850$44,619,377$340,399,481
89$884,282,540$92,459,545$46,012,167$372,231,270
90$974,374,187$96,884,891$47,448,403$407,188,690
91$1,073,651,870$101,523,766$48,929,440$445,585,256
92$1,183,052,459$106,386,529$50,456,675$487,766,215
93$1,303,608,384$111,484,043$52,031,547$534,111,785
94$1,436,457,376$116,827,699$53,655,542$585,040,699
95$1,582,853,216$122,429,443$55,330,189$641,014,127
96$1,744,177,563$128,301,804$57,057,069$702,539,991
97$1,921,953,002$134,457,921$58,837,809$770,177,720
98$2,117,857,420$140,911,571$60,674,088$844,543,490
99$2,333,739,843$147,677,204$62,567,636$926,315,997
100$2,571,637,894$154,769,973$64,520,238$1,016,242,817