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%18.5%
1 years$966,175$957,569$949,172$940,977$932,974$900,947
2 years$478,304$469,397$460,763$452,393$444,274$412,333
3 years$315,702$306,756$298,144$289,852$281,865$251,014
4 years$234,417$225,498$216,973$208,822$201,029$171,503
5 years$185,659$176,793$168,380$160,396$152,819$124,697
6 years$153,164$144,365$136,076$128,270$120,920$94,224
7 years$129,962$121,237$113,080$105,458$98,341$73,066
8 years$112,569$103,923$95,901$88,466$81,583$57,709
9 years$99,048$90,484$82,599$75,353$68,705$46,202
10 years$88,237$79,757$72,012$64,955$58,540$37,372
11 years$79,398$71,003$63,398$56,530$50,346$30,471
12 years$72,038$63,728$56,264$49,585$43,629$25,000
13 years$65,814$57,592$50,268$43,776$38,045$20,615
14 years$60,484$52,349$45,166$38,859$33,350$17,067
15 years$55,870$47,822$40,779$34,656$29,364$14,176
16 years$51,835$43,876$36,972$31,030$25,952$11,806
17 years$48,280$40,408$33,643$27,881$23,011$9,854
18 years$45,122$37,339$30,712$25,126$20,460$8,239
19 years$42,301$34,605$28,115$22,704$18,237$6,900
20 years$39,765$32,157$25,803$20,562$16,289$5,785
21 years$37,473$29,953$23,734$18,662$14,577$4,856
22 years$35,392$27,960$21,874$16,968$13,066$4,079
23 years$33,495$26,150$20,197$15,453$11,729$3,429
24 years$31,759$24,501$18,679$14,094$10,542$2,885
25 years$30,164$22,993$17,300$12,871$9,487$2,428
26 years$28,695$21,610$16,045$11,769$8,545$2,044
27 years$27,336$20,337$14,899$10,772$7,704$1,722
28 years$26,077$19,164$13,851$9,870$6,952$1,451
29 years$24,906$18,079$12,889$9,051$6,277$1,222
30 years$23,816$17,074$12,006$8,306$5,672$1,030
31 years$22,798$16,140$11,193$7,629$5,128$869
32 years$21,846$15,272$10,443$7,011$4,638$732
33 years$20,953$14,463$9,751$6,447$4,198$618
34 years$20,114$13,707$9,111$5,932$3,801$521
35 years$19,326$13,001$8,518$5,461$3,442$439
36 years$18,582$12,340$7,968$5,029$3,119$371
37 years$17,881$11,720$7,458$4,634$2,827$313
38 years$17,218$11,138$6,984$4,271$2,563$264
39 years$16,590$10,592$6,543$3,938$2,324$223
40 years$15,996$10,077$6,133$3,632$2,108$188
41 years$15,432$9,592$5,751$3,351$1,912$158
42 years$14,896$9,135$5,395$3,093$1,735$134
43 years$14,386$8,704$5,062$2,855$1,575$113
44 years$13,901$8,297$4,752$2,636$1,430$95
45 years$13,439$7,912$4,462$2,435$1,298$80
46 years$12,998$7,548$4,190$2,249$1,178$68
47 years$12,578$7,203$3,937$2,078$1,070$57
48 years$12,176$6,876$3,700$1,920$972$48
49 years$11,791$6,566$3,477$1,774$883$41
50 years$11,423$6,272$3,269$1,640$802$34

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 $3,409 every year, while hoping to spend $44,495 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: 39/46/15 Blend
44$11,700,000$11,700,000$11,700,000$11,700,000
45$12,896,916$12,276,816$12,095,466$13,341,755
46$14,165,060$12,831,038$12,453,322$14,213,113
47$15,561,062$13,410,925$12,821,675$15,150,110
48$17,097,918$14,017,689$13,200,829$16,162,290
49$18,789,948$14,652,597$13,591,098$17,256,467
50$20,652,927$15,316,979$13,992,805$18,440,114
51$22,704,242$16,012,227$14,406,280$19,721,426
52$24,963,050$16,739,801$14,831,866$21,109,394
53$27,450,459$17,501,230$15,269,912$22,613,882
54$30,189,732$18,298,117$15,720,780$24,245,716
55$33,206,499$19,132,139$16,184,841$26,016,781
56$36,529,006$20,005,057$16,662,476$27,940,124
57$40,188,374$20,918,714$17,154,078$30,030,071
58$44,218,900$21,875,044$17,660,052$32,302,358
59$48,658,376$22,876,069$18,180,812$34,774,267
60$53,548,447$23,923,913$18,716,786$37,464,788
61$58,935,003$25,020,799$19,268,413$40,394,785
62$64,868,613$26,169,058$19,836,144$43,587,185
63$71,405,002$27,371,132$20,420,446$47,067,189
64$78,605,576$28,629,582$21,021,794$50,862,498
65$86,538,002$29,947,089$21,640,682$55,003,565
66$95,276,848$31,326,465$22,277,614$59,523,872
67$104,904,283$32,770,658$22,933,111$64,460,237
68$115,510,856$34,282,757$23,607,706$69,853,149
69$127,196,348$35,865,997$24,301,949$75,747,141
70$140,070,718$37,523,773$25,016,407$82,191,195
71$154,255,134$39,259,641$25,751,660$89,239,193
72$169,883,123$41,077,328$26,508,305$96,950,414
73$187,101,826$42,980,742$27,286,958$105,390,077
74$206,073,392$44,973,978$28,088,251$114,629,945
75$226,976,504$47,061,329$28,912,833$124,748,984
76$250,008,067$49,247,294$29,761,372$135,834,097
77$275,385,068$51,536,590$30,634,557$147,980,921
78$303,346,623$53,934,161$31,533,093$161,294,721
79$334,156,234$56,445,189$32,457,706$175,891,356
80$368,104,274$59,075,109$33,409,144$191,898,363
81$405,510,735$61,829,613$34,388,175$209,456,132
82$446,728,238$64,714,673$35,395,588$228,719,219
83$492,145,373$67,736,546$36,432,194$249,857,776
84$542,190,357$70,901,793$37,498,828$273,059,139
85$597,335,083$74,217,291$38,596,349$298,529,570
86$658,099,573$77,690,249$39,725,638$326,496,178
87$725,056,884$81,328,226$40,887,602$357,209,042
88$798,838,523$85,139,146$42,083,173$390,943,537
89$880,140,403$89,131,314$43,313,309$428,002,911
90$969,729,415$93,313,440$44,578,996$468,721,114
91$1,068,450,669$97,694,653$45,881,247$513,465,919
92$1,177,235,471$102,284,524$47,221,102$562,642,364
93$1,297,110,111$107,093,087$48,599,631$616,696,536
94$1,429,205,558$112,130,864$50,017,934$676,119,750
95$1,574,768,132$117,408,884$51,477,142$741,453,148
96$1,735,171,273$122,938,711$52,978,418$813,292,766
97$1,911,928,503$128,732,468$54,522,955$892,295,124
98$2,106,707,718$134,802,866$56,111,982$979,183,372
99$2,321,346,932$141,163,233$57,746,760$1,074,754,080
100$2,557,871,628$147,827,542$59,428,586$1,179,884,704