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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.9%
1 years$974,433$965,753$957,285$949,019$940,949$929,576
2 years$482,393$473,408$464,701$456,259$448,071$436,626
3 years$318,401$309,378$300,693$292,330$284,274$273,112
4 years$236,421$227,425$218,827$210,607$202,747$191,954
5 years$187,245$178,304$169,819$161,766$154,125$143,732
6 years$154,473$145,599$137,239$129,366$121,954$111,974
7 years$131,073$122,274$114,046$106,359$99,181$89,618
8 years$113,531$104,811$96,720$89,222$82,280$73,133
9 years$99,894$91,257$83,305$75,997$69,292$60,557
10 years$88,992$80,438$72,627$65,510$59,040$50,712
11 years$80,077$71,610$63,940$57,014$50,777$42,847
12 years$72,653$64,273$56,745$50,009$44,002$36,463
13 years$66,377$58,084$50,698$44,150$38,370$31,212
14 years$61,001$52,797$45,552$39,192$33,635$26,847
15 years$56,347$48,231$41,128$34,952$29,615$23,187
16 years$52,278$44,251$37,288$31,296$26,174$20,093
17 years$48,692$40,753$33,931$28,119$23,208$17,463
18 years$45,508$37,658$30,974$25,341$20,635$15,215
19 years$42,662$34,901$28,356$22,898$18,393$13,284
20 years$40,104$32,432$26,023$20,738$16,429$11,619
21 years$37,793$30,209$23,936$18,821$14,702$10,179
22 years$35,695$28,199$22,061$17,113$13,178$8,929
23 years$33,782$26,374$20,370$15,585$11,829$7,842
24 years$32,031$24,711$18,838$14,214$10,633$6,894
25 years$30,422$23,190$17,448$12,981$9,568$6,067
26 years$28,940$21,795$16,182$11,870$8,618$5,343
27 years$27,570$20,511$15,027$10,864$7,770$4,708
28 years$26,300$19,328$13,969$9,954$7,011$4,152
29 years$25,119$18,233$13,000$9,128$6,331$3,663
30 years$24,020$17,219$12,109$8,377$5,720$3,233
31 years$22,993$16,278$11,289$7,694$5,172$2,855
32 years$22,033$15,402$10,532$7,071$4,678$2,522
33 years$21,132$14,586$9,834$6,502$4,234$2,228
34 years$20,286$13,825$9,188$5,983$3,833$1,969
35 years$19,491$13,112$8,591$5,507$3,472$1,741
36 years$18,741$12,446$8,036$5,072$3,146$1,540
37 years$18,034$11,820$7,522$4,673$2,851$1,362
38 years$17,365$11,234$7,044$4,308$2,585$1,205
39 years$16,732$10,682$6,599$3,972$2,344$1,066
40 years$16,132$10,163$6,186$3,663$2,126$943
41 years$15,564$9,674$5,800$3,380$1,929$835
42 years$15,023$9,213$5,441$3,119$1,750$739
43 years$14,509$8,779$5,105$2,879$1,588$654
44 years$14,020$8,368$4,792$2,659$1,442$579
45 years$13,554$7,979$4,500$2,455$1,309$512
46 years$13,109$7,612$4,226$2,268$1,188$454
47 years$12,685$7,264$3,971$2,095$1,079$402
48 years$12,280$6,935$3,731$1,936$980$356
49 years$11,892$6,622$3,507$1,789$890$315
50 years$11,521$6,326$3,297$1,654$808$279

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 $4,890 every year, while hoping to spend $56,283 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: 78/8/14 Blend
44$11,800,000$11,800,000$11,800,000$11,800,000
45$13,008,644$12,383,244$12,200,344$13,985,735
46$14,275,641$12,930,138$12,549,171$15,176,887
47$15,669,985$13,501,944$12,907,797$16,475,451
48$17,204,607$14,099,822$13,276,491$17,898,243
49$18,893,753$14,724,990$13,655,530$19,457,649
50$20,753,122$15,378,720$14,045,196$21,167,312
51$22,800,010$16,062,348$14,445,780$23,042,255
52$25,053,479$16,777,270$14,857,581$25,099,020
53$27,534,529$17,524,952$15,280,906$27,355,828
54$30,266,303$18,306,926$15,716,068$29,832,745
55$33,274,299$19,124,799$16,163,390$32,551,871
56$36,586,618$19,980,255$16,623,204$35,537,548
57$40,234,221$20,875,055$17,095,849$38,816,587
58$44,251,226$21,811,048$17,581,675$42,418,521
59$48,675,229$22,790,167$18,081,039$46,375,878
60$53,547,657$23,814,440$18,594,308$50,724,494
61$58,914,161$24,885,990$19,121,860$55,503,838
62$64,825,044$26,007,042$19,664,081$60,757,395
63$71,335,740$27,179,928$20,221,368$66,533,063
64$78,507,329$28,407,089$20,794,129$72,883,613
65$86,407,125$29,691,084$21,382,780$79,867,177
66$95,109,299$31,034,594$21,987,751$87,547,798
67$104,695,587$32,440,429$22,609,480$95,996,033
68$115,256,059$33,911,532$23,248,419$105,289,614
69$126,889,967$35,450,987$23,905,031$115,514,181
70$139,706,683$37,062,025$24,579,789$126,764,086
71$153,826,734$38,748,034$25,273,182$139,143,284
72$169,382,934$40,512,560$25,985,706$152,766,307
73$186,521,642$42,359,324$26,717,876$167,759,345
74$205,404,139$44,292,221$27,470,214$184,261,433
75$226,208,156$46,315,334$28,243,261$202,425,762
76$249,129,546$48,432,943$29,037,568$222,421,119
77$274,384,134$50,649,532$29,853,702$244,433,477
78$302,209,757$52,969,801$30,692,242$268,667,749
79$332,868,504$55,398,673$31,553,784$295,349,718
80$366,649,194$57,941,310$32,438,938$324,728,162
81$403,870,099$60,603,122$33,348,330$357,077,200
82$444,881,952$63,389,777$34,282,601$392,698,876
83$490,071,252$66,307,218$35,242,410$431,926,005
84$539,863,918$69,361,670$36,228,429$475,125,310
85$594,729,306$72,559,660$37,241,349$522,700,878
86$655,184,640$75,908,028$38,281,880$575,097,972
87$721,799,897$79,413,945$39,350,746$632,807,228
88$795,203,182$83,084,924$40,448,692$696,369,279
89$876,086,662$86,928,841$41,576,479$766,379,856
90$965,213,099$90,953,952$42,734,888$843,495,406
91$1,063,423,049$95,168,909$43,924,721$928,439,277
92$1,171,642,798$99,582,784$45,146,797$1,022,008,551
93$1,290,893,105$104,205,082$46,401,956$1,125,081,549
94$1,422,298,840$109,045,768$47,691,060$1,238,626,128
95$1,567,099,601$114,115,290$49,014,989$1,363,708,801
96$1,726,661,417$119,424,596$50,374,648$1,501,504,801
97$1,902,489,644$124,985,164$51,770,962$1,653,309,172
98$2,096,243,177$130,809,026$53,204,878$1,820,548,980
99$2,309,750,107$136,908,795$54,677,368$2,004,796,778
100$2,545,024,983$143,297,691$56,189,424$2,207,785,447