Can I retire at age 45 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$966,175$957,569$949,172$940,977$932,974$912,645
2 years$478,304$469,397$460,763$452,393$444,274$423,895
3 years$315,702$306,756$298,144$289,852$281,865$262,073
4 years$234,417$225,498$216,973$208,822$201,029$181,975
5 years$185,659$176,793$168,380$160,396$152,819$134,558
6 years$153,164$144,365$136,076$128,270$120,920$103,471
7 years$129,962$121,237$113,080$105,458$98,341$81,707
8 years$112,569$103,923$95,901$88,466$81,583$65,758
9 years$99,048$90,484$82,599$75,353$68,705$53,678
10 years$88,237$79,757$72,012$64,955$58,540$44,296
11 years$79,398$71,003$63,398$56,530$50,346$36,866
12 years$72,038$63,728$56,264$49,585$43,629$30,892
13 years$65,814$57,592$50,268$43,776$38,045$26,028
14 years$60,484$52,349$45,166$38,859$33,350$22,029
15 years$55,870$47,822$40,779$34,656$29,364$18,714
16 years$51,835$43,876$36,972$31,030$25,952$15,947
17 years$48,280$40,408$33,643$27,881$23,011$13,625
18 years$45,122$37,339$30,712$25,126$20,460$11,666
19 years$42,301$34,605$28,115$22,704$18,237$10,007
20 years$39,765$32,157$25,803$20,562$16,289$8,597
21 years$37,473$29,953$23,734$18,662$14,577$7,396
22 years$35,392$27,960$21,874$16,968$13,066$6,370
23 years$33,495$26,150$20,197$15,453$11,729$5,491
24 years$31,759$24,501$18,679$14,094$10,542$4,738
25 years$30,164$22,993$17,300$12,871$9,487$4,091
26 years$28,695$21,610$16,045$11,769$8,545$3,534
27 years$27,336$20,337$14,899$10,772$7,704$3,055
28 years$26,077$19,164$13,851$9,870$6,952$2,642
29 years$24,906$18,079$12,889$9,051$6,277$2,286
30 years$23,816$17,074$12,006$8,306$5,672$1,978
31 years$22,798$16,140$11,193$7,629$5,128$1,712
32 years$21,846$15,272$10,443$7,011$4,638$1,483
33 years$20,953$14,463$9,751$6,447$4,198$1,284
34 years$20,114$13,707$9,111$5,932$3,801$1,112
35 years$19,326$13,001$8,518$5,461$3,442$964
36 years$18,582$12,340$7,968$5,029$3,119$835
37 years$17,881$11,720$7,458$4,634$2,827$724
38 years$17,218$11,138$6,984$4,271$2,563$627
39 years$16,590$10,592$6,543$3,938$2,324$544
40 years$15,996$10,077$6,133$3,632$2,108$471
41 years$15,432$9,592$5,751$3,351$1,912$409
42 years$14,896$9,135$5,395$3,093$1,735$354
43 years$14,386$8,704$5,062$2,855$1,575$307
44 years$13,901$8,297$4,752$2,636$1,430$266
45 years$13,439$7,912$4,462$2,435$1,298$231
46 years$12,998$7,548$4,190$2,249$1,178$200
47 years$12,578$7,203$3,937$2,078$1,070$174
48 years$12,176$6,876$3,700$1,920$972$151
49 years$11,791$6,566$3,477$1,774$883$131
50 years$11,423$6,272$3,269$1,640$802$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,700,000, adding $2,247 every year, while hoping to spend $38,408 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: 46/24/30 Blend
44$11,700,000$11,700,000$11,700,000$11,700,000
45$12,895,718$12,275,618$12,094,268$13,377,275
46$14,170,215$12,836,257$12,458,560$14,280,407
47$15,573,424$13,423,081$12,833,769$15,255,882
48$17,118,432$14,037,331$13,220,219$16,313,631
49$18,819,662$14,680,309$13,618,246$17,461,397
50$20,693,004$15,353,381$14,028,194$18,707,686
51$22,755,970$16,057,976$14,450,417$20,061,844
52$25,027,855$16,795,593$14,885,283$21,534,144
53$27,529,922$17,567,803$15,333,165$23,135,876
54$30,285,600$18,376,252$15,794,452$24,879,451
55$33,320,708$19,222,664$16,269,543$26,778,516
56$36,663,694$20,108,850$16,758,847$28,848,075
57$40,345,911$21,036,702$17,262,788$31,104,627
58$44,401,902$22,008,210$17,781,800$33,566,321
59$48,869,737$23,025,453$18,316,332$36,253,117
60$53,791,365$24,090,615$18,866,843$39,186,972
61$59,213,012$25,205,982$19,433,810$42,392,043
62$65,185,616$26,373,953$20,017,720$45,894,906
63$71,765,312$27,597,040$20,619,077$49,724,806
64$79,013,956$28,877,877$21,238,398$53,913,923
65$86,999,713$30,219,225$21,876,217$58,497,671
66$95,797,695$31,623,979$22,533,082$63,515,026
67$105,490,679$33,095,173$23,209,559$69,008,886
68$116,169,877$34,635,986$23,906,228$75,026,473
69$127,935,807$36,249,752$24,623,690$81,619,764
70$140,899,235$37,939,965$25,362,559$88,845,980
71$155,182,223$39,710,289$26,123,470$96,768,116
72$170,919,280$41,564,564$26,907,077$105,455,526
73$188,258,635$43,506,815$27,714,052$114,984,574
74$207,363,629$45,541,262$28,545,086$125,439,336
75$228,414,265$47,672,330$29,400,893$136,912,396
76$251,608,901$49,904,656$30,282,204$149,505,699
77$277,166,127$52,243,102$31,189,775$163,331,512
78$305,326,823$54,692,764$32,124,384$178,513,466
79$336,356,436$57,258,988$33,086,828$195,187,715
80$370,547,489$59,947,374$34,077,933$213,504,209
81$408,222,333$62,763,796$35,098,544$233,628,098
82$449,736,200$65,714,411$36,149,534$255,741,276
83$495,480,550$68,805,674$37,231,801$280,044,086
84$545,886,768$72,044,355$38,346,269$306,757,195
85$601,430,238$75,437,547$39,493,888$336,123,668
86$662,634,826$78,992,691$40,675,637$368,411,239
87$730,077,832$82,717,586$41,892,524$403,914,828
88$804,395,433$86,620,410$43,145,586$442,959,309
89$886,288,694$90,709,737$44,435,890$485,902,554
90$976,530,182$94,994,556$45,764,534$533,138,797
91$1,075,971,264$99,484,292$47,132,649$585,102,337
92$1,185,550,139$104,188,828$48,541,399$642,271,614
93$1,306,300,697$109,118,526$49,991,980$705,173,709
94$1,439,362,283$114,284,248$51,485,626$774,389,295
95$1,585,990,447$119,697,387$53,023,605$850,558,098
96$1,747,568,799$125,369,885$54,607,223$934,384,910
97$1,925,622,074$131,314,267$56,237,822$1,026,646,218
98$2,121,830,522$137,543,663$57,916,786$1,128,197,510
99$2,338,045,775$144,071,842$59,645,538$1,239,981,324
100$2,576,308,322$150,913,241$61,425,542$1,363,036,113