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%13.4%
1 years$957,917$949,385$941,060$932,934$925,000$911,930
2 years$474,216$465,385$456,825$448,526$440,476$427,334
3 years$313,004$304,134$295,596$287,375$279,456$266,650
4 years$232,413$223,571$215,118$207,038$199,311$186,939
5 years$184,072$175,282$166,941$159,025$151,513$139,612
6 years$151,855$143,131$134,913$127,173$119,887$108,470
7 years$128,851$120,201$112,113$104,556$97,500$86,572
8 years$111,607$103,035$95,081$87,710$80,886$70,445
9 years$98,201$89,710$81,893$74,709$68,118$58,159
10 years$87,483$79,075$71,396$64,400$58,040$48,556
11 years$78,720$70,396$62,856$56,047$49,916$40,898
12 years$71,422$63,184$55,783$49,161$43,256$34,693
13 years$65,252$57,100$49,839$43,402$37,720$29,601
14 years$59,968$51,902$44,780$38,527$33,065$25,376
15 years$55,392$47,413$40,431$34,360$29,113$21,842
16 years$51,392$43,501$36,656$30,765$25,730$18,862
17 years$47,867$40,063$33,356$27,642$22,814$16,336
18 years$44,737$37,020$30,449$24,911$20,285$14,181
19 years$41,939$34,309$27,875$22,509$18,081$12,336
20 years$39,425$31,882$25,582$20,387$16,150$10,750
21 years$37,153$29,697$23,531$18,502$14,453$9,383
22 years$35,090$27,721$21,687$16,823$12,955$8,199
23 years$33,209$25,927$20,024$15,321$11,629$7,174
24 years$31,488$24,292$18,519$13,973$10,452$6,282
25 years$29,907$22,797$17,152$12,761$9,405$5,507
26 years$28,449$21,425$15,908$11,668$8,472$4,830
27 years$27,102$20,164$14,772$10,680$7,638$4,240
28 years$25,854$19,000$13,732$9,785$6,892$3,723
29 years$24,694$17,924$12,779$8,973$6,223$3,272
30 years$23,613$16,928$11,903$8,235$5,623$2,876
31 years$22,603$16,002$11,097$7,564$5,084$2,529
32 years$21,659$15,141$10,354$6,951$4,599$2,225
33 years$20,774$14,339$9,667$6,392$4,162$1,958
34 years$19,943$13,590$9,033$5,881$3,768$1,723
35 years$19,160$12,890$8,445$5,414$3,413$1,517
36 years$18,423$12,235$7,900$4,986$3,092$1,336
37 years$17,728$11,620$7,394$4,594$2,803$1,176
38 years$17,071$11,043$6,924$4,235$2,541$1,036
39 years$16,449$10,501$6,487$3,904$2,304$913
40 years$15,859$9,991$6,081$3,601$2,090$804
41 years$15,300$9,510$5,702$3,323$1,896$709
42 years$14,768$9,057$5,348$3,066$1,720$624
43 years$14,263$8,630$5,019$2,831$1,561$550
44 years$13,782$8,226$4,711$2,614$1,417$485
45 years$13,324$7,844$4,423$2,414$1,287$428
46 years$12,887$7,483$4,155$2,230$1,168$377
47 years$12,470$7,141$3,903$2,060$1,061$332
48 years$12,072$6,817$3,668$1,903$963$293
49 years$11,690$6,510$3,448$1,759$875$258
50 years$11,326$6,219$3,241$1,626$795$228

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 $2,045 every year, while hoping to spend $46,159 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: 44/36/20 Blend
44$11,600,000$11,600,000$11,600,000$11,600,000
45$12,785,309$12,170,509$11,990,709$13,273,746
46$14,040,298$12,717,752$12,343,285$14,165,348
47$15,421,749$13,290,262$12,706,126$15,126,495
48$16,942,511$13,889,229$13,079,525$16,167,368
49$18,616,746$14,515,899$13,463,787$17,295,368
50$20,460,054$15,171,579$13,859,225$18,518,616
51$22,489,629$15,857,635$14,266,158$19,846,033
52$24,724,413$16,575,502$14,684,916$21,287,413
53$27,185,283$17,326,680$15,115,840$22,853,515
54$29,895,238$18,112,744$15,559,278$24,556,159
55$32,879,627$18,935,343$16,015,588$26,408,332
56$36,166,377$19,796,204$16,485,139$28,424,305
57$39,786,267$20,697,137$16,968,310$30,619,764
58$43,773,210$21,640,040$17,465,492$33,011,948
59$48,164,576$22,626,901$17,977,085$35,619,813
60$53,001,546$23,659,802$18,503,500$38,464,199
61$58,329,499$24,740,928$19,045,163$41,568,020
62$64,198,440$25,872,565$19,602,508$44,956,477
63$70,663,471$27,057,111$20,175,982$48,657,287
64$77,785,315$28,297,079$20,766,047$52,700,936
65$85,630,883$29,595,102$21,373,176$57,120,961
66$94,273,911$30,953,939$21,997,854$61,954,257
67$103,795,650$32,376,483$22,640,583$67,241,419
68$114,285,639$33,865,764$23,301,876$73,027,111
69$125,842,547$35,424,958$23,982,261$79,360,487
70$138,575,102$37,057,397$24,682,282$86,295,635
71$152,603,121$38,766,568$25,402,497$93,892,086
72$168,058,639$40,556,129$26,143,480$102,215,361
73$185,087,154$42,429,914$26,905,821$111,337,579
74$203,849,004$44,391,940$27,690,126$121,338,128
75$224,520,876$46,446,418$28,497,019$132,304,398
76$247,297,476$48,597,763$29,327,140$144,332,599
77$272,393,367$50,850,602$30,181,147$157,528,652
78$300,044,992$53,209,783$31,059,717$172,009,173
79$330,512,909$55,680,390$31,963,546$187,902,567
80$364,084,249$58,267,752$32,893,347$205,350,218
81$401,075,424$60,977,454$33,849,856$224,507,809
82$441,835,119$63,815,351$34,833,828$245,546,777
83$486,747,578$66,787,580$35,846,038$268,655,913
84$536,236,233$69,900,574$36,887,283$294,043,126
85$590,767,704$73,161,077$37,958,382$321,937,386
86$650,856,200$76,576,159$39,060,177$352,590,868
87$717,068,373$80,153,232$40,193,534$386,281,307
88$790,028,670$83,900,063$41,359,340$423,314,603
89$870,425,226$87,824,798$42,558,510$464,027,685
90$959,016,360$91,935,975$43,791,981$508,791,663
91$1,056,637,735$96,242,543$45,060,718$558,015,315
92$1,164,210,243$100,753,887$46,365,712$612,148,911
93$1,282,748,704$105,479,844$47,707,980$671,688,443
94$1,413,371,442$110,430,727$49,088,567$737,180,276
95$1,557,310,844$115,617,347$50,508,549$809,226,273
96$1,715,924,994$121,051,041$51,969,030$888,489,453
97$1,890,710,493$126,743,692$53,471,142$975,700,210
98$2,083,316,590$132,707,759$55,016,051$1,071,663,178
99$2,295,560,747$138,956,304$56,604,954$1,177,264,789
100$2,529,445,803$145,503,023$58,239,080$1,293,481,606