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%14.9%
1 years$974,433$965,753$957,285$949,019$940,949$921,950
2 years$482,393$473,408$464,701$456,259$448,071$429,014
3 years$318,401$309,378$300,693$292,330$284,274$265,753
4 years$236,421$227,425$218,827$210,607$202,747$184,904
5 years$187,245$178,304$169,819$161,766$154,125$137,011
6 years$154,473$145,599$137,239$129,366$121,954$105,587
7 years$131,073$122,274$114,046$106,359$99,181$83,565
8 years$113,531$104,811$96,720$89,222$82,280$67,411
9 years$99,894$91,257$83,305$75,997$69,292$55,159
10 years$88,992$80,438$72,627$65,510$59,040$45,630
11 years$80,077$71,610$63,940$57,014$50,777$38,073
12 years$72,653$64,273$56,745$50,009$44,002$31,986
13 years$66,377$58,084$50,698$44,150$38,370$27,022
14 years$61,001$52,797$45,552$39,192$33,635$22,933
15 years$56,347$48,231$41,128$34,952$29,615$19,536
16 years$52,278$44,251$37,288$31,296$26,174$16,695
17 years$48,692$40,753$33,931$28,119$23,208$14,305
18 years$45,508$37,658$30,974$25,341$20,635$12,284
19 years$42,662$34,901$28,356$22,898$18,393$10,568
20 years$40,104$32,432$26,023$20,738$16,429$9,107
21 years$37,793$30,209$23,936$18,821$14,702$7,858
22 years$35,695$28,199$22,061$17,113$13,178$6,789
23 years$33,782$26,374$20,370$15,585$11,829$5,871
24 years$32,031$24,711$18,838$14,214$10,633$5,081
25 years$30,422$23,190$17,448$12,981$9,568$4,401
26 years$28,940$21,795$16,182$11,870$8,618$3,815
27 years$27,570$20,511$15,027$10,864$7,770$3,308
28 years$26,300$19,328$13,969$9,954$7,011$2,870
29 years$25,119$18,233$13,000$9,128$6,331$2,491
30 years$24,020$17,219$12,109$8,377$5,720$2,163
31 years$22,993$16,278$11,289$7,694$5,172$1,879
32 years$22,033$15,402$10,532$7,071$4,678$1,632
33 years$21,132$14,586$9,834$6,502$4,234$1,418
34 years$20,286$13,825$9,188$5,983$3,833$1,233
35 years$19,491$13,112$8,591$5,507$3,472$1,072
36 years$18,741$12,446$8,036$5,072$3,146$932
37 years$18,034$11,820$7,522$4,673$2,851$810
38 years$17,365$11,234$7,044$4,308$2,585$705
39 years$16,732$10,682$6,599$3,972$2,344$613
40 years$16,132$10,163$6,186$3,663$2,126$533
41 years$15,564$9,674$5,800$3,380$1,929$464
42 years$15,023$9,213$5,441$3,119$1,750$403
43 years$14,509$8,779$5,105$2,879$1,588$351
44 years$14,020$8,368$4,792$2,659$1,442$305
45 years$13,554$7,979$4,500$2,455$1,309$266
46 years$13,109$7,612$4,226$2,268$1,188$231
47 years$12,685$7,264$3,971$2,095$1,079$201
48 years$12,280$6,935$3,731$1,936$980$175
49 years$11,892$6,622$3,507$1,789$890$152
50 years$11,521$6,326$3,297$1,654$808$133

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 $3,507 every year, while hoping to spend $23,501 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: 74/11/15 Blend
44$11,800,000$11,800,000$11,800,000$11,800,000
45$13,007,217$12,381,817$12,198,917$13,926,690
46$14,308,949$12,963,522$12,582,576$15,117,284
47$15,742,669$13,572,942$12,978,300$16,418,190
48$17,321,816$14,211,411$13,386,468$17,842,972
49$19,061,198$14,880,327$13,807,472$19,403,928
50$20,977,133$15,581,155$14,241,715$21,114,595
51$23,087,602$16,315,433$14,689,613$22,989,880
52$25,412,418$17,084,770$15,151,596$25,046,193
53$27,973,417$17,890,856$15,628,107$27,301,604
54$30,794,659$18,735,462$16,119,602$29,776,007
55$33,902,658$19,620,443$16,626,553$32,491,314
56$37,326,632$20,547,748$17,149,445$35,471,648
57$41,098,778$21,519,417$17,688,780$38,743,581
58$45,254,574$22,537,589$18,245,075$42,336,372
59$49,833,119$23,604,509$18,818,864$46,282,245
60$54,877,496$24,722,529$19,410,695$50,616,692
61$60,435,185$25,894,117$20,021,137$55,378,803
62$66,558,503$27,121,858$20,650,774$60,611,633
63$73,305,105$28,408,464$21,300,211$66,362,604
64$80,738,527$29,756,780$21,970,069$72,683,953
65$88,928,782$31,169,787$22,660,991$79,633,216
66$97,953,022$32,650,611$23,373,638$87,273,776
67$107,896,270$34,202,531$24,108,695$95,675,451
68$118,852,219$35,828,984$24,866,866$104,915,149
69$130,924,117$37,533,576$25,648,877$115,077,598
70$144,225,740$39,320,084$26,455,478$126,256,133
71$158,882,471$41,192,474$27,287,442$138,553,576
72$175,032,478$43,154,901$28,145,566$152,083,206
73$192,828,022$45,211,722$29,030,674$166,969,818
74$212,436,892$47,367,508$29,943,613$183,350,900
75$234,043,989$49,627,050$30,885,258$201,377,924
76$257,853,074$51,995,373$31,856,513$221,217,773
77$284,088,689$54,477,748$32,858,307$243,054,308
78$312,998,276$57,079,698$33,891,601$267,090,100
79$344,854,516$59,807,020$34,957,386$293,548,338
80$379,957,901$62,665,788$36,056,682$322,674,927
81$418,639,570$65,662,374$37,190,544$354,740,801
82$461,264,437$68,803,462$38,360,059$390,044,482
83$508,234,635$72,096,057$39,566,346$428,914,883
84$559,993,312$75,547,507$40,810,562$471,714,410
85$617,028,814$79,165,520$42,093,901$518,842,373
86$679,879,297$82,958,174$43,417,591$570,738,751
87$749,137,806$86,933,946$44,782,901$627,888,336
88$825,457,874$91,101,721$46,191,140$690,825,298
89$909,559,692$95,470,819$47,643,657$760,138,223
90$1,002,236,905$100,051,014$49,141,844$836,475,659
91$1,104,364,112$104,852,556$50,687,138$920,552,228
92$1,216,905,113$109,886,194$52,281,019$1,013,155,359
93$1,340,922,016$115,163,199$53,925,015$1,115,152,719
94$1,477,585,260$120,695,393$55,620,701$1,227,500,385
95$1,628,184,664$126,495,175$57,369,702$1,351,251,863
96$1,794,141,607$132,575,546$59,173,695$1,487,568,018
97$1,977,022,445$138,950,142$61,034,407$1,637,728,024
98$2,178,553,297$145,633,262$62,953,623$1,803,141,425
99$2,400,636,345$152,639,904$64,933,181$1,985,361,426
100$2,645,367,789$159,985,795$66,974,979$2,186,099,545