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%13.6%
1 years$974,433$965,753$957,285$949,019$940,949$926,887
2 years$482,393$473,408$464,701$456,259$448,071$433,936
3 years$318,401$309,378$300,693$292,330$284,274$270,506
4 years$236,421$227,425$218,827$210,607$202,747$189,451
5 years$187,245$178,304$169,819$161,766$154,125$141,339
6 years$154,473$145,599$137,239$129,366$121,954$109,694
7 years$131,073$122,274$114,046$106,359$99,181$87,451
8 years$113,531$104,811$96,720$89,222$82,280$71,078
9 years$99,894$91,257$83,305$75,997$69,292$58,612
10 years$88,992$80,438$72,627$65,510$59,040$48,875
11 years$80,077$71,610$63,940$57,014$50,777$41,115
12 years$72,653$64,273$56,745$50,009$44,002$34,833
13 years$66,377$58,084$50,698$44,150$38,370$29,681
14 years$61,001$52,797$45,552$39,192$33,635$25,411
15 years$56,347$48,231$41,128$34,952$29,615$21,842
16 years$52,278$44,251$37,288$31,296$26,174$18,836
17 years$48,692$40,753$33,931$28,119$23,208$16,290
18 years$45,508$37,658$30,974$25,341$20,635$14,121
19 years$42,662$34,901$28,356$22,898$18,393$12,266
20 years$40,104$32,432$26,023$20,738$16,429$10,673
21 years$37,793$30,209$23,936$18,821$14,702$9,301
22 years$35,695$28,199$22,061$17,113$13,178$8,116
23 years$33,782$26,374$20,370$15,585$11,829$7,090
24 years$32,031$24,711$18,838$14,214$10,633$6,199
25 years$30,422$23,190$17,448$12,981$9,568$5,425
26 years$28,940$21,795$16,182$11,870$8,618$4,751
27 years$27,570$20,511$15,027$10,864$7,770$4,164
28 years$26,300$19,328$13,969$9,954$7,011$3,651
29 years$25,119$18,233$13,000$9,128$6,331$3,203
30 years$24,020$17,219$12,109$8,377$5,720$2,811
31 years$22,993$16,278$11,289$7,694$5,172$2,467
32 years$22,033$15,402$10,532$7,071$4,678$2,167
33 years$21,132$14,586$9,834$6,502$4,234$1,904
34 years$20,286$13,825$9,188$5,983$3,833$1,673
35 years$19,491$13,112$8,591$5,507$3,472$1,470
36 years$18,741$12,446$8,036$5,072$3,146$1,292
37 years$18,034$11,820$7,522$4,673$2,851$1,136
38 years$17,365$11,234$7,044$4,308$2,585$999
39 years$16,732$10,682$6,599$3,972$2,344$879
40 years$16,132$10,163$6,186$3,663$2,126$773
41 years$15,564$9,674$5,800$3,380$1,929$680
42 years$15,023$9,213$5,441$3,119$1,750$598
43 years$14,509$8,779$5,105$2,879$1,588$526
44 years$14,020$8,368$4,792$2,659$1,442$463
45 years$13,554$7,979$4,500$2,455$1,309$407
46 years$13,109$7,612$4,226$2,268$1,188$358
47 years$12,685$7,264$3,971$2,095$1,079$315
48 years$12,280$6,935$3,731$1,936$980$278
49 years$11,892$6,622$3,507$1,789$890$244
50 years$11,521$6,326$3,297$1,654$808$215

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 $5,072 every year, while hoping to spend $42,091 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: 40/50/10 Blend
44$11,800,000$11,800,000$11,800,000$11,800,000
45$13,008,832$12,383,432$12,200,532$13,489,969
46$14,290,948$12,945,435$12,564,465$14,390,943
47$15,702,430$13,533,567$12,939,179$15,360,422
48$17,256,427$14,149,061$13,324,992$16,408,225
49$18,967,431$14,793,214$13,722,227$17,541,451
50$20,851,410$15,467,381$14,131,222$18,767,885
51$22,925,957$16,172,986$14,552,322$20,096,066
52$25,210,460$16,911,519$14,985,881$21,535,357
53$27,726,284$17,684,540$15,432,264$23,096,032
54$30,496,969$18,493,686$15,891,849$24,789,365
55$33,548,456$19,340,673$16,365,022$26,627,732
56$36,909,330$20,227,297$16,852,182$28,624,715
57$40,611,089$21,155,442$17,353,737$30,795,231
58$44,688,443$22,127,082$17,870,110$33,155,657
59$49,179,640$23,144,286$18,401,736$35,723,984
60$54,126,829$24,209,221$18,949,059$38,519,974
61$59,576,453$25,324,160$19,512,540$41,565,339
62$65,579,692$26,491,485$20,092,651$44,883,937
63$72,192,945$27,713,692$20,689,879$48,501,989
64$79,478,359$28,993,396$21,304,723$52,448,313
65$87,504,420$30,333,341$21,937,700$56,754,589
66$96,346,596$31,736,400$22,589,339$61,455,647
67$106,088,052$33,205,586$23,260,184$66,589,780
68$116,820,429$34,744,056$23,950,796$72,199,100
69$128,644,719$36,355,121$24,661,754$78,329,919
70$141,672,206$38,042,248$25,393,649$85,033,173
71$156,025,528$39,809,075$26,147,093$92,364,891
72$171,839,826$41,659,414$26,922,714$100,386,707
73$189,264,023$43,597,259$27,721,160$109,166,428
74$208,462,228$45,626,800$28,543,093$118,778,662
75$229,615,288$47,752,426$29,389,200$129,305,498
76$252,922,493$49,978,741$30,260,184$140,837,270
77$278,603,456$52,310,567$31,156,768$153,473,389
78$306,900,187$54,752,964$32,079,699$167,323,263
79$338,079,379$57,311,232$33,029,742$182,507,311
80$372,434,923$59,990,930$34,007,685$199,158,076
81$410,290,683$62,797,883$35,014,341$217,421,458
82$452,003,553$65,738,200$36,050,542$237,458,066
83$497,966,828$68,818,284$37,117,147$259,444,711
84$548,613,913$72,044,848$38,215,040$283,576,051
85$604,422,415$75,424,929$39,345,127$310,066,401
86$665,918,657$78,965,906$40,508,344$339,151,729
87$733,682,637$82,675,513$41,705,651$371,091,857
88$808,353,512$86,561,859$42,938,036$406,172,880
89$890,635,627$90,633,447$44,206,517$444,709,837
90$981,305,164$94,899,189$45,512,139$487,049,655
91$1,081,217,473$99,368,430$46,855,977$533,574,382
92$1,191,315,140$104,050,969$48,239,137$584,704,766
93$1,312,636,895$108,957,077$49,662,759$640,904,184
94$1,446,327,408$114,097,524$51,128,011$702,682,976
95$1,593,648,103$119,483,601$52,636,099$770,603,226
96$1,755,989,060$125,127,149$54,188,259$845,284,019
97$1,934,882,144$131,040,579$55,785,765$927,407,244
98$2,132,015,462$137,236,906$57,429,927$1,017,723,979
99$2,349,249,301$143,729,777$59,122,092$1,117,061,537
100$2,588,633,692$150,533,498$60,863,645$1,226,331,219