Can I retire at age 45 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$957,917$949,385$941,060$932,934$925,000$917,250
2 years$474,216$465,385$456,825$448,526$440,476$432,665
3 years$313,004$304,134$295,596$287,375$279,456$271,826
4 years$232,413$223,571$215,118$207,038$199,311$191,920
5 years$184,072$175,282$166,941$159,025$151,513$144,384
6 years$151,855$143,131$134,913$127,173$119,887$113,029
7 years$128,851$120,201$112,113$104,556$97,500$90,916
8 years$111,607$103,035$95,081$87,710$80,886$74,575
9 years$98,201$89,710$81,893$74,709$68,118$62,078
10 years$87,483$79,075$71,396$64,400$58,040$52,269
11 years$78,720$70,396$62,856$56,047$49,916$44,409
12 years$71,422$63,184$55,783$49,161$43,256$38,008
13 years$65,252$57,100$49,839$43,402$37,720$32,725
14 years$59,968$51,902$44,780$38,527$33,065$28,317
15 years$55,392$47,413$40,431$34,360$29,113$24,605
16 years$51,392$43,501$36,656$30,765$25,730$21,454
17 years$47,867$40,063$33,356$27,642$22,814$18,764
18 years$44,737$37,020$30,449$24,911$20,285$16,453
19 years$41,939$34,309$27,875$22,509$18,081$14,459
20 years$39,425$31,882$25,582$20,387$16,150$12,730
21 years$37,153$29,697$23,531$18,502$14,453$11,227
22 years$35,090$27,721$21,687$16,823$12,955$9,916
23 years$33,209$25,927$20,024$15,321$11,629$8,769
24 years$31,488$24,292$18,519$13,973$10,452$7,763
25 years$29,907$22,797$17,152$12,761$9,405$6,879
26 years$28,449$21,425$15,908$11,668$8,472$6,101
27 years$27,102$20,164$14,772$10,680$7,638$5,416
28 years$25,854$19,000$13,732$9,785$6,892$4,810
29 years$24,694$17,924$12,779$8,973$6,223$4,275
30 years$23,613$16,928$11,903$8,235$5,623$3,801
31 years$22,603$16,002$11,097$7,564$5,084$3,381
32 years$21,659$15,141$10,354$6,951$4,599$3,009
33 years$20,774$14,339$9,667$6,392$4,162$2,679
34 years$19,943$13,590$9,033$5,881$3,768$2,385
35 years$19,160$12,890$8,445$5,414$3,413$2,125
36 years$18,423$12,235$7,900$4,986$3,092$1,893
37 years$17,728$11,620$7,394$4,594$2,803$1,687
38 years$17,071$11,043$6,924$4,235$2,541$1,504
39 years$16,449$10,501$6,487$3,904$2,304$1,341
40 years$15,859$9,991$6,081$3,601$2,090$1,196
41 years$15,300$9,510$5,702$3,323$1,896$1,066
42 years$14,768$9,057$5,348$3,066$1,720$951
43 years$14,263$8,630$5,019$2,831$1,561$848
44 years$13,782$8,226$4,711$2,614$1,417$757
45 years$13,324$7,844$4,423$2,414$1,287$675
46 years$12,887$7,483$4,155$2,230$1,168$603
47 years$12,470$7,141$3,903$2,060$1,061$538
48 years$12,072$6,817$3,668$1,903$963$480
49 years$11,690$6,510$3,448$1,759$875$428
50 years$11,326$6,219$3,241$1,626$795$382

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,600,000, adding $5,708 every year, while hoping to spend $52,606 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: 29/47/24 Blend
44$11,600,000$11,600,000$11,600,000$11,600,000
45$12,789,088$12,174,288$11,994,488$13,064,181
46$14,037,602$12,714,856$12,340,331$13,819,233
47$15,411,702$13,280,148$12,695,996$14,625,400
48$16,924,142$13,871,321$13,061,758$15,491,045
49$18,588,974$14,489,586$13,437,897$16,421,326
50$20,421,684$15,136,210$13,824,701$17,421,890
51$22,439,335$15,812,523$14,222,467$18,498,916
52$24,660,727$16,519,917$14,631,500$19,659,176
53$27,106,577$17,259,849$15,052,112$20,910,087
54$29,799,714$18,033,847$15,484,623$22,259,777
55$32,765,291$18,843,512$15,929,364$23,717,155
56$36,031,025$19,690,519$16,386,672$25,291,991
57$39,627,461$20,576,625$16,856,897$26,994,997
58$43,588,253$21,503,671$17,340,394$28,837,925
59$47,950,487$22,473,583$17,837,530$30,833,669
60$52,755,031$23,488,383$18,348,681$32,996,378
61$58,046,917$24,550,186$18,874,235$35,341,583
62$63,875,767$25,661,210$19,414,586$37,886,334
63$70,296,264$26,823,779$19,970,144$40,649,354
64$77,368,665$28,040,325$20,541,325$43,651,203
65$85,159,370$29,313,402$21,128,560$46,914,465
66$93,741,547$30,645,681$21,732,289$50,463,953
67$103,195,829$32,039,963$22,352,965$54,326,926
68$113,611,065$33,499,183$22,991,051$58,533,343
69$125,085,168$35,026,416$23,647,025$63,116,128
70$137,726,030$36,624,886$24,321,376$68,111,473
71$151,652,550$38,297,970$25,014,606$73,559,164
72$166,995,745$40,049,206$25,727,231$79,502,946
73$183,899,998$41,882,304$26,459,780$85,990,920
74$202,524,411$43,801,150$27,212,796$93,075,984
75$223,044,313$45,809,818$27,986,836$100,816,316
76$245,652,911$47,912,577$28,782,473$109,275,907
77$270,563,115$50,113,901$29,600,293$118,525,152
78$298,009,548$52,418,478$30,440,898$128,641,492
79$328,250,761$54,831,222$31,304,908$139,710,132
80$361,571,671$57,357,285$32,192,955$151,824,822
81$398,286,253$60,002,063$33,105,690$165,088,725
82$438,740,503$62,771,215$34,043,782$179,615,370
83$483,315,700$65,670,671$35,007,915$195,529,700
84$532,432,013$68,706,646$35,998,792$212,969,232
85$586,552,461$71,885,654$37,017,134$232,085,328
86$646,187,284$75,214,523$38,063,680$253,044,601
87$711,898,763$78,700,411$39,139,190$276,030,462
88$784,306,525$82,350,819$40,244,441$301,244,823
89$864,093,393$86,173,611$41,380,231$328,909,977
90$952,011,830$90,177,030$42,547,380$359,270,662
91$1,048,891,047$94,369,714$43,746,728$392,596,346
92$1,155,644,825$98,760,721$44,979,134$429,183,734
93$1,273,280,146$103,359,545$46,245,484$469,359,539
94$1,402,906,695$108,176,137$47,546,682$513,483,524
95$1,545,747,339$113,220,929$48,883,657$561,951,868
96$1,703,149,670$118,504,857$50,257,362$615,200,863
97$1,876,598,726$124,039,385$51,668,773$673,710,991
98$2,067,731,011$129,836,530$53,118,892$738,011,420
99$2,278,349,944$135,908,890$54,608,745$808,684,954
100$2,510,442,886$142,269,673$56,139,385$886,373,487