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

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$957,917$949,385$941,060$932,934$925,000$919,942
2 years$474,216$465,385$456,825$448,526$440,476$435,373
3 years$313,004$304,134$295,596$287,375$279,456$274,465
4 years$232,413$223,571$215,118$207,038$199,311$194,470
5 years$184,072$175,282$166,941$159,025$151,513$146,837
6 years$151,855$143,131$134,913$127,173$119,887$115,382
7 years$128,851$120,201$112,113$104,556$97,500$93,168
8 years$111,607$103,035$95,081$87,710$80,886$76,728
9 years$98,201$89,710$81,893$74,709$68,118$64,132
10 years$87,483$79,075$71,396$64,400$58,040$54,224
11 years$78,720$70,396$62,856$56,047$49,916$46,269
12 years$71,422$63,184$55,783$49,161$43,256$39,774
13 years$65,252$57,100$49,839$43,402$37,720$34,399
14 years$59,968$51,902$44,780$38,527$33,065$29,902
15 years$55,392$47,413$40,431$34,360$29,113$26,104
16 years$51,392$43,501$36,656$30,765$25,730$22,871
17 years$47,867$40,063$33,356$27,642$22,814$20,100
18 years$44,737$37,020$30,449$24,911$20,285$17,711
19 years$41,939$34,309$27,875$22,509$18,081$15,643
20 years$39,425$31,882$25,582$20,387$16,150$13,843
21 years$37,153$29,697$23,531$18,502$14,453$12,272
22 years$35,090$27,721$21,687$16,823$12,955$10,895
23 years$33,209$25,927$20,024$15,321$11,629$9,686
24 years$31,488$24,292$18,519$13,973$10,452$8,621
25 years$29,907$22,797$17,152$12,761$9,405$7,681
26 years$28,449$21,425$15,908$11,668$8,472$6,850
27 years$27,102$20,164$14,772$10,680$7,638$6,113
28 years$25,854$19,000$13,732$9,785$6,892$5,460
29 years$24,694$17,924$12,779$8,973$6,223$4,880
30 years$23,613$16,928$11,903$8,235$5,623$4,364
31 years$22,603$16,002$11,097$7,564$5,084$3,904
32 years$21,659$15,141$10,354$6,951$4,599$3,494
33 years$20,774$14,339$9,667$6,392$4,162$3,129
34 years$19,943$13,590$9,033$5,881$3,768$2,803
35 years$19,160$12,890$8,445$5,414$3,413$2,511
36 years$18,423$12,235$7,900$4,986$3,092$2,251
37 years$17,728$11,620$7,394$4,594$2,803$2,018
38 years$17,071$11,043$6,924$4,235$2,541$1,809
39 years$16,449$10,501$6,487$3,904$2,304$1,623
40 years$15,859$9,991$6,081$3,601$2,090$1,456
41 years$15,300$9,510$5,702$3,323$1,896$1,306
42 years$14,768$9,057$5,348$3,066$1,720$1,172
43 years$14,263$8,630$5,019$2,831$1,561$1,052
44 years$13,782$8,226$4,711$2,614$1,417$944
45 years$13,324$7,844$4,423$2,414$1,287$847
46 years$12,887$7,483$4,155$2,230$1,168$761
47 years$12,470$7,141$3,903$2,060$1,061$683
48 years$12,072$6,817$3,668$1,903$963$613
49 years$11,690$6,510$3,448$1,759$875$551
50 years$11,326$6,219$3,241$1,626$795$494

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 $2,592 every year, while hoping to spend $30,731 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: 67/27/6 Blend
44$11,600,000$11,600,000$11,600,000$11,600,000
45$12,785,874$12,171,074$11,991,274$13,630,891
46$14,057,335$12,734,759$12,360,284$14,755,153
47$15,457,456$13,325,034$12,740,626$15,979,773
48$16,999,326$13,943,171$13,132,647$17,317,670
49$18,697,372$14,590,501$13,536,705$18,779,895
50$20,567,488$15,268,419$13,953,168$20,378,603
51$22,627,189$15,978,389$14,382,417$22,127,163
52$24,895,777$16,721,945$14,824,843$24,040,285
53$27,394,521$17,500,695$15,280,850$26,134,154
54$30,146,857$18,316,324$15,750,853$28,426,576
55$33,178,611$19,170,598$16,235,281$30,937,147
56$36,518,243$20,065,371$16,734,576$33,687,432
57$40,197,112$21,002,583$17,249,193$36,701,163
58$44,249,777$21,984,269$17,779,601$40,004,463
59$48,714,320$23,012,564$18,326,283$43,626,082
60$53,632,705$24,089,703$18,889,737$47,597,669
61$59,051,175$25,218,033$19,470,478$51,954,064
62$65,020,688$26,400,010$20,069,033$56,733,619
63$71,597,401$27,638,213$20,685,947$61,978,562
64$78,843,193$28,935,343$21,321,784$67,735,380
65$86,826,256$30,294,232$21,977,121$74,055,261
66$95,621,734$31,717,850$22,652,555$80,994,565
67$105,312,437$33,209,310$23,348,701$88,615,352
68$115,989,615$34,771,876$24,066,192$96,985,962
69$127,753,828$36,408,970$24,805,682$106,181,651
70$140,715,889$38,124,180$25,567,842$116,285,295
71$154,997,911$39,921,266$26,353,367$127,388,164
72$170,734,464$41,804,174$27,162,970$139,590,777
73$188,073,838$43,777,037$27,997,389$153,003,839
74$207,179,448$45,844,191$28,857,380$167,749,283
75$228,231,377$48,010,181$29,743,727$183,961,405
76$251,428,070$50,279,773$30,657,235$201,788,126
77$276,988,214$52,657,963$31,598,733$221,392,378
78$305,152,800$55,149,991$32,569,078$242,953,631
79$336,187,394$57,761,349$33,569,151$266,669,575
80$370,384,650$60,497,798$34,599,860$292,757,976
81$408,067,071$63,365,376$35,662,142$321,458,717
82$449,590,048$66,370,415$36,756,960$353,036,055
83$495,345,224$69,519,556$37,885,308$387,781,094
84$545,764,183$72,819,760$39,048,212$426,014,528
85$601,322,528$76,278,327$40,246,726$468,089,646
86$662,544,372$79,902,912$41,481,938$514,395,657
87$730,007,283$83,701,540$42,754,968$565,361,347
88$804,347,738$87,682,627$44,066,971$621,459,106
89$886,267,130$91,854,998$45,419,137$683,209,375
90$976,538,392$96,227,908$46,812,693$751,185,539
91$1,076,013,290$100,811,058$48,248,901$826,019,317
92$1,185,630,470$105,614,624$49,729,063$908,406,712
93$1,306,424,313$110,649,275$51,254,521$999,114,554
94$1,439,534,703$115,926,200$52,826,658$1,098,987,721
95$1,586,217,789$121,457,130$54,446,897$1,208,957,088
96$1,747,857,841$127,254,367$56,116,706$1,330,048,295
97$1,925,980,323$133,330,813$57,837,598$1,463,391,398
98$2,122,266,289$139,699,996$59,611,131$1,610,231,517
99$2,338,568,257$146,376,102$61,438,910$1,771,940,558
100$2,576,927,696$153,374,008$63,322,590$1,950,030,135