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%11.8%
1 years$957,917$949,385$941,060$932,934$925,000$918,017
2 years$474,216$465,385$456,825$448,526$440,476$433,436
3 years$313,004$304,134$295,596$287,375$279,456$272,577
4 years$232,413$223,571$215,118$207,038$199,311$192,645
5 years$184,072$175,282$166,941$159,025$151,513$145,080
6 years$151,855$143,131$134,913$127,173$119,887$113,696
7 years$128,851$120,201$112,113$104,556$97,500$91,554
8 years$111,607$103,035$95,081$87,710$80,886$75,184
9 years$98,201$89,710$81,893$74,709$68,118$62,659
10 years$87,483$79,075$71,396$64,400$58,040$52,821
11 years$78,720$70,396$62,856$56,047$49,916$44,933
12 years$71,422$63,184$55,783$49,161$43,256$38,505
13 years$65,252$57,100$49,839$43,402$37,720$33,195
14 years$59,968$51,902$44,780$38,527$33,065$28,762
15 years$55,392$47,413$40,431$34,360$29,113$25,025
16 years$51,392$43,501$36,656$30,765$25,730$21,851
17 years$47,867$40,063$33,356$27,642$22,814$19,137
18 years$44,737$37,020$30,449$24,911$20,285$16,804
19 years$41,939$34,309$27,875$22,509$18,081$14,788
20 years$39,425$31,882$25,582$20,387$16,150$13,039
21 years$37,153$29,697$23,531$18,502$14,453$11,517
22 years$35,090$27,721$21,687$16,823$12,955$10,187
23 years$33,209$25,927$20,024$15,321$11,629$9,022
24 years$31,488$24,292$18,519$13,973$10,452$8,000
25 years$29,907$22,797$17,152$12,761$9,405$7,100
26 years$28,449$21,425$15,908$11,668$8,472$6,307
27 years$27,102$20,164$14,772$10,680$7,638$5,607
28 years$25,854$19,000$13,732$9,785$6,892$4,988
29 years$24,694$17,924$12,779$8,973$6,223$4,440
30 years$23,613$16,928$11,903$8,235$5,623$3,954
31 years$22,603$16,002$11,097$7,564$5,084$3,523
32 years$21,659$15,141$10,354$6,951$4,599$3,141
33 years$20,774$14,339$9,667$6,392$4,162$2,801
34 years$19,943$13,590$9,033$5,881$3,768$2,498
35 years$19,160$12,890$8,445$5,414$3,413$2,229
36 years$18,423$12,235$7,900$4,986$3,092$1,989
37 years$17,728$11,620$7,394$4,594$2,803$1,776
38 years$17,071$11,043$6,924$4,235$2,541$1,586
39 years$16,449$10,501$6,487$3,904$2,304$1,416
40 years$15,859$9,991$6,081$3,601$2,090$1,265
41 years$15,300$9,510$5,702$3,323$1,896$1,130
42 years$14,768$9,057$5,348$3,066$1,720$1,010
43 years$14,263$8,630$5,019$2,831$1,561$902
44 years$13,782$8,226$4,711$2,614$1,417$806
45 years$13,324$7,844$4,423$2,414$1,287$721
46 years$12,887$7,483$4,155$2,230$1,168$644
47 years$12,470$7,141$3,903$2,060$1,061$576
48 years$12,072$6,817$3,668$1,903$963$515
49 years$11,690$6,510$3,448$1,759$875$460
50 years$11,326$6,219$3,241$1,626$795$411

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 $4,656 every year, while hoping to spend $43,473 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: 63/16/21 Blend
44$11,600,000$11,600,000$11,600,000$11,600,000
45$12,788,003$12,173,203$11,993,403$13,523,957
46$14,046,124$12,723,435$12,348,927$14,570,973
47$15,431,117$13,299,171$12,714,904$15,708,695
48$16,955,876$13,901,615$13,091,638$16,950,272
49$18,634,610$14,532,029$13,479,443$18,305,848
50$20,482,976$15,191,735$13,878,640$19,786,586
51$22,518,226$15,882,116$14,289,561$21,404,767
52$24,759,369$16,604,624$14,712,546$23,173,906
53$27,227,355$17,360,781$15,147,946$25,108,879
54$29,945,265$18,152,179$15,596,122$27,226,056
55$32,938,534$18,980,487$16,057,444$29,543,458
56$36,235,190$19,847,457$16,532,294$32,080,918
57$39,866,119$20,754,922$17,021,065$34,860,273
58$43,865,353$21,704,803$17,524,161$37,905,561
59$48,270,394$22,699,114$18,041,996$41,243,246
60$53,122,570$23,739,966$18,574,998$44,902,466
61$58,467,418$24,829,570$19,123,606$48,915,305
62$64,355,120$25,970,245$19,688,273$53,317,088
63$70,840,975$27,164,420$20,269,463$58,146,716
64$77,985,919$28,414,640$20,867,654$63,447,025
65$85,857,100$29,723,575$21,483,338$69,265,190
66$94,528,516$31,094,022$22,117,021$75,653,162
67$104,081,706$32,528,911$22,769,223$82,668,157
68$114,606,528$34,031,315$23,440,479$90,373,190
69$126,201,998$35,604,454$24,131,340$98,837,666
70$138,977,233$37,251,703$24,842,371$108,138,029
71$153,052,475$38,976,601$25,574,155$118,358,479
72$168,560,228$40,782,855$26,327,290$129,591,760
73$185,646,508$42,674,352$27,102,391$141,940,032
74$204,472,223$44,655,166$27,900,092$155,515,828
75$225,214,689$46,729,567$28,721,043$170,443,110
76$248,069,304$48,902,033$29,565,915$186,858,432
77$273,251,395$51,177,255$30,435,396$204,912,224
78$300,998,249$53,560,153$31,330,194$224,770,204
79$331,571,352$56,055,881$32,251,036$246,614,936
80$365,258,856$58,669,846$33,198,672$270,647,541
81$402,378,303$61,407,712$34,173,872$297,089,596
82$443,279,620$64,275,420$35,177,426$326,185,208
83$488,348,421$67,279,195$36,210,150$358,203,316
84$538,009,650$70,425,565$37,272,879$393,440,221
85$592,731,589$73,721,373$38,366,476$432,222,366
86$653,030,282$77,173,791$39,491,824$474,909,417
87$719,474,404$80,790,340$40,649,833$521,897,641
88$792,690,630$84,578,904$41,841,439$573,623,642
89$873,369,551$88,547,746$43,067,604$630,568,465
90$962,272,192$92,705,534$44,329,316$693,262,130
91$1,060,237,201$97,061,349$45,627,593$762,288,619
92$1,168,188,757$101,624,717$46,963,479$838,291,382
93$1,287,145,303$106,405,622$48,338,049$921,979,391
94$1,418,229,159$111,414,531$49,752,408$1,014,133,824
95$1,562,677,111$116,662,421$51,207,691$1,115,615,424
96$1,721,852,094$122,160,798$52,705,067$1,227,372,605
97$1,897,256,056$127,921,726$54,245,735$1,350,450,397
98$2,090,544,136$133,957,853$55,830,930$1,486,000,286
99$2,303,540,291$140,282,441$57,461,919$1,635,291,076
100$2,538,254,515$146,909,394$59,140,007$1,799,720,841