Can I retire at age 45 with 11,800,000?

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$974,433$965,753$957,285$949,019$940,949$931,510
2 years$482,393$473,408$464,701$456,259$448,071$438,564
3 years$318,401$309,378$300,693$292,330$284,274$274,994
4 years$236,421$227,425$218,827$210,607$202,747$193,765
5 years$187,245$178,304$169,819$161,766$154,125$145,468
6 years$154,473$145,599$137,239$129,366$121,954$113,632
7 years$131,073$122,274$114,046$106,359$99,181$91,199
8 years$113,531$104,811$96,720$89,222$82,280$74,637
9 years$99,894$91,257$83,305$75,997$69,292$61,984
10 years$88,992$80,438$72,627$65,510$59,040$52,064
11 years$80,077$71,610$63,940$57,014$50,777$44,126
12 years$72,653$64,273$56,745$50,009$44,002$37,670
13 years$66,377$58,084$50,698$44,150$38,370$32,351
14 years$61,001$52,797$45,552$39,192$33,635$27,919
15 years$56,347$48,231$41,128$34,952$29,615$24,194
16 years$52,278$44,251$37,288$31,296$26,174$21,039
17 years$48,692$40,753$33,931$28,119$23,208$18,349
18 years$45,508$37,658$30,974$25,341$20,635$16,044
19 years$42,662$34,901$28,356$22,898$18,393$14,058
20 years$40,104$32,432$26,023$20,738$16,429$12,342
21 years$37,793$30,209$23,936$18,821$14,702$10,852
22 years$35,695$28,199$22,061$17,113$13,178$9,556
23 years$33,782$26,374$20,370$15,585$11,829$8,425
24 years$32,031$24,711$18,838$14,214$10,633$7,436
25 years$30,422$23,190$17,448$12,981$9,568$6,569
26 years$28,940$21,795$16,182$11,870$8,618$5,808
27 years$27,570$20,511$15,027$10,864$7,770$5,138
28 years$26,300$19,328$13,969$9,954$7,011$4,549
29 years$25,119$18,233$13,000$9,128$6,331$4,030
30 years$24,020$17,219$12,109$8,377$5,720$3,571
31 years$22,993$16,278$11,289$7,694$5,172$3,167
32 years$22,033$15,402$10,532$7,071$4,678$2,809
33 years$21,132$14,586$9,834$6,502$4,234$2,492
34 years$20,286$13,825$9,188$5,983$3,833$2,212
35 years$19,491$13,112$8,591$5,507$3,472$1,964
36 years$18,741$12,446$8,036$5,072$3,146$1,744
37 years$18,034$11,820$7,522$4,673$2,851$1,549
38 years$17,365$11,234$7,044$4,308$2,585$1,376
39 years$16,732$10,682$6,599$3,972$2,344$1,223
40 years$16,132$10,163$6,186$3,663$2,126$1,086
41 years$15,564$9,674$5,800$3,380$1,929$966
42 years$15,023$9,213$5,441$3,119$1,750$858
43 years$14,509$8,779$5,105$2,879$1,588$763
44 years$14,020$8,368$4,792$2,659$1,442$678
45 years$13,554$7,979$4,500$2,455$1,309$603
46 years$13,109$7,612$4,226$2,268$1,188$536
47 years$12,685$7,264$3,971$2,095$1,079$477
48 years$12,280$6,935$3,731$1,936$980$424
49 years$11,892$6,622$3,507$1,789$890$377
50 years$11,521$6,326$3,297$1,654$808$335

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,800,000, adding $4,860 every year, while hoping to spend $28,958 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: 52/43/5 Blend
44$11,800,000$11,800,000$11,800,000$11,800,000
45$13,008,613$12,383,213$12,200,313$13,670,223
46$14,304,681$12,959,179$12,578,212$14,694,965
47$15,731,976$13,562,398$12,967,801$15,805,162
48$17,303,855$14,194,172$13,369,440$17,011,717
49$19,035,033$14,855,871$13,783,500$18,323,698
50$20,941,726$15,548,928$14,210,367$19,751,066
51$23,041,802$16,274,847$14,650,435$21,304,757
52$25,354,954$17,035,201$15,104,112$22,996,788
53$27,902,877$17,831,645$15,571,818$24,840,359
54$30,709,483$18,665,907$16,053,986$26,849,975
55$33,801,119$19,539,805$16,551,063$29,041,576
56$37,206,818$20,455,241$17,063,509$31,432,682
57$40,958,576$21,414,210$17,591,799$34,042,551
58$45,091,647$22,418,803$18,136,421$36,892,355
59$49,644,884$23,471,214$18,697,880$40,005,372
60$54,661,099$24,573,739$19,276,695$43,407,200
61$60,187,469$25,728,790$19,873,402$47,125,989
62$66,275,983$26,938,894$20,488,554$51,192,697
63$72,983,932$28,206,698$21,122,719$55,641,380
64$80,374,447$29,534,980$21,776,484$60,509,497
65$88,517,098$30,926,652$22,450,454$65,838,259
66$97,488,550$32,384,766$23,145,252$71,673,008
67$107,373,286$33,912,523$23,861,522$78,063,633
68$118,264,403$35,513,279$24,599,925$85,065,029
69$130,264,494$37,190,552$25,361,145$92,737,610
70$143,486,614$38,948,030$26,145,884$101,147,861
71$158,055,347$40,789,582$26,954,869$110,368,956
72$174,107,983$42,719,262$27,788,848$120,481,435
73$191,795,814$44,741,323$28,648,592$131,573,953
74$211,285,562$46,860,222$29,534,894$143,744,099
75$232,760,951$49,080,635$30,448,575$157,099,308
76$256,424,444$51,407,462$31,390,478$171,757,851
77$282,499,153$53,845,843$32,361,475$187,849,945
78$311,230,943$56,401,166$33,362,461$205,518,959
79$342,890,758$59,079,082$34,394,362$224,922,748
80$377,777,173$61,885,514$35,458,130$246,235,132
81$416,219,216$64,826,676$36,554,749$269,647,509
82$458,579,474$67,909,081$37,685,231$295,370,647
83$505,257,514$71,139,560$38,850,620$323,636,649
84$556,693,656$74,525,274$40,051,992$354,701,123
85$613,373,132$78,073,735$41,290,456$388,845,570
86$675,830,660$81,792,817$42,567,155$426,380,018
87$744,655,500$85,690,778$43,883,268$467,645,923
88$820,497,013$89,776,278$45,240,009$513,019,362
89$904,070,790$94,058,397$46,638,631$562,914,558
90$996,165,409$98,546,657$48,080,423$617,787,762
91$1,097,649,880$103,251,042$49,566,717$678,141,523
92$1,209,481,848$108,182,024$51,098,883$744,529,403
93$1,332,716,636$113,350,582$52,678,334$817,561,172
94$1,468,517,202$118,768,230$54,306,527$897,908,520
95$1,618,165,125$124,447,042$55,984,965$986,311,366
96$1,783,072,700$130,399,679$57,715,194$1,083,584,805
97$1,964,796,272$136,639,420$59,498,809$1,190,626,756
98$2,165,050,928$143,180,188$61,337,456$1,308,426,398
99$2,385,726,691$150,036,585$63,232,828$1,438,073,464
100$2,628,906,359$157,223,923$65,186,673$1,580,768,479