Can I retire at age 45 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$982,691$973,938$965,398$957,062$948,923$921,502
2 years$486,481$477,420$468,640$460,126$451,868$424,460
3 years$321,099$311,999$303,241$294,807$286,684$260,147
4 years$238,424$229,353$220,682$212,392$204,465$179,003
5 years$188,832$179,815$171,258$163,137$155,431$131,114
6 years$155,782$146,833$138,402$130,462$122,987$99,837
7 years$132,184$123,310$115,013$107,260$100,022$78,037
8 years$114,493$105,699$97,540$89,978$82,978$62,147
9 years$100,741$92,030$84,011$76,641$69,879$50,182
10 years$89,746$81,120$73,243$66,065$59,541$40,950
11 years$80,756$72,217$64,482$57,497$51,207$33,691
12 years$73,269$64,818$57,226$50,432$44,375$27,900
13 years$66,939$58,576$51,128$44,524$38,696$23,225
14 years$61,518$53,244$45,938$39,524$33,920$19,416
15 years$56,825$48,640$41,476$35,248$29,866$16,288
16 years$52,721$44,626$37,604$31,561$26,396$13,702
17 years$49,105$41,099$34,218$28,357$23,404$11,555
18 years$45,894$37,977$31,237$25,556$20,810$9,763
19 years$43,024$35,197$28,596$23,092$18,548$8,262
20 years$40,444$32,707$26,244$20,914$16,568$7,002
21 years$38,113$30,465$24,139$18,981$14,826$5,941
22 years$35,997$28,438$22,248$17,258$13,290$5,046
23 years$34,068$26,597$20,542$15,717$11,930$4,289
24 years$32,302$24,920$18,998$14,335$10,723$3,648
25 years$30,680$23,386$17,596$13,091$9,649$3,105
26 years$29,185$21,979$16,319$11,970$8,691$2,644
27 years$27,803$20,685$15,154$10,957$7,836$2,252
28 years$26,523$19,491$14,088$10,039$7,070$1,919
29 years$25,332$18,388$13,110$9,206$6,384$1,636
30 years$24,223$17,365$12,211$8,448$5,769$1,395
31 years$23,188$16,416$11,384$7,759$5,215$1,190
32 years$22,219$15,533$10,622$7,131$4,718$1,015
33 years$21,311$14,710$9,917$6,557$4,270$866
34 years$20,458$13,942$9,266$6,033$3,866$739
35 years$19,656$13,223$8,663$5,554$3,501$631
36 years$18,900$12,551$8,104$5,115$3,172$538
37 years$18,186$11,921$7,586$4,713$2,875$459
38 years$17,512$11,329$7,104$4,344$2,607$392
39 years$16,874$10,773$6,655$4,005$2,364$335
40 years$16,269$10,249$6,238$3,694$2,144$286
41 years$15,695$9,756$5,849$3,409$1,945$244
42 years$15,150$9,292$5,487$3,146$1,765$208
43 years$14,632$8,853$5,149$2,904$1,602$178
44 years$14,139$8,439$4,833$2,681$1,454$152
45 years$13,669$8,047$4,538$2,476$1,320$130
46 years$13,221$7,677$4,262$2,287$1,198$111
47 years$12,793$7,326$4,004$2,113$1,088$95
48 years$12,384$6,994$3,763$1,953$988$81
49 years$11,993$6,678$3,537$1,805$898$69
50 years$11,619$6,379$3,325$1,668$815$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,900,000, adding $6,106 every year, while hoping to spend $53,294 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: 70/16/14 Blend
44$11,900,000$11,900,000$11,900,000$11,900,000
45$13,120,098$12,489,398$12,304,948$13,996,939
46$14,401,644$13,044,674$12,660,460$15,135,447
47$15,812,121$13,625,373$13,026,095$16,374,008
48$17,364,624$14,232,683$13,402,136$17,728,104
49$19,073,583$14,867,851$13,788,874$19,209,117
50$20,954,894$15,532,182$14,186,607$20,829,575
51$23,026,077$16,227,043$14,595,642$22,603,264
52$25,306,435$16,953,866$15,016,295$24,545,361
53$27,817,238$17,714,152$15,448,887$26,672,574
54$30,581,924$18,509,473$15,893,752$29,003,293
55$33,626,319$19,341,475$16,351,231$31,557,767
56$36,978,880$20,211,885$16,821,674$34,358,289
57$40,670,967$21,122,508$17,305,442$37,429,404
58$44,737,135$22,075,240$17,802,903$40,798,141
59$49,215,460$23,072,064$18,314,437$44,494,259
60$54,147,901$24,115,059$18,840,435$48,550,532
61$59,580,693$25,206,404$19,381,297$53,003,048
62$65,564,786$26,348,380$19,937,432$57,891,553
63$72,156,323$27,543,380$20,509,265$63,259,817
64$79,417,171$28,793,908$21,097,228$69,156,050
65$87,415,503$30,102,590$21,701,766$75,633,345
66$96,226,445$31,472,178$22,323,336$82,750,183
67$105,932,782$32,905,554$22,962,407$90,570,975
68$116,625,740$34,405,740$23,619,462$99,166,671
69$128,405,845$35,975,901$24,294,994$108,615,419
70$141,383,876$37,619,355$24,989,510$119,003,305
71$155,681,906$39,339,578$25,703,534$130,425,155
72$171,434,456$41,140,214$26,437,598$142,985,429
73$188,789,766$43,025,080$27,192,253$156,799,198
74$207,911,192$44,998,177$27,968,063$171,993,228
75$228,978,745$47,063,700$28,765,605$188,707,170
76$252,190,799$49,226,043$29,585,474$207,094,871
77$277,765,953$51,489,812$30,428,280$227,325,822
78$305,945,101$53,859,834$31,294,649$249,586,748
79$336,993,703$56,341,167$32,185,221$274,083,368
80$371,204,293$58,939,116$33,100,658$301,042,328
81$408,899,235$61,659,237$34,041,634$330,713,331
82$450,433,772$64,507,355$35,008,844$363,371,491
83$496,199,377$67,489,575$36,003,001$399,319,917
84$546,627,446$70,612,298$37,024,834$438,892,569
85$602,193,374$73,882,229$38,075,095$482,457,400
86$663,421,040$77,306,399$39,154,551$530,419,823
87$730,887,751$80,892,178$40,263,994$583,226,525
88$805,229,697$84,647,290$41,404,233$641,369,676
89$887,147,950$88,579,831$42,576,099$705,391,563
90$977,415,087$92,698,289$43,780,444$775,889,700
91$1,076,882,480$97,011,560$45,018,144$853,522,456
92$1,186,488,336$101,528,969$46,290,094$939,015,259
93$1,307,266,550$106,260,292$47,597,216$1,033,167,430
94$1,440,356,468$111,215,777$48,940,453$1,136,859,719
95$1,587,013,644$116,406,165$50,320,774$1,251,062,602
96$1,748,621,686$121,842,718$51,739,171$1,376,845,430
97$1,926,705,328$127,537,241$53,196,663$1,515,386,511
98$2,122,944,814$133,502,109$54,694,294$1,667,984,216
99$2,339,191,768$139,750,295$56,233,135$1,836,069,218
100$2,577,486,668$146,295,399$57,814,285$2,021,217,987