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

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$982,691$973,938$965,398$957,062$948,923$935,515
2 years$486,481$477,420$468,640$460,126$451,868$438,386
3 years$321,099$311,999$303,241$294,807$286,684$273,546
4 years$238,424$229,353$220,682$212,392$204,465$191,773
5 years$188,832$179,815$171,258$163,137$155,431$143,222
6 years$155,782$146,833$138,402$130,462$122,987$111,276
7 years$132,184$123,310$115,013$107,260$100,022$88,811
8 years$114,493$105,699$97,540$89,978$82,978$72,267
9 years$100,741$92,030$84,011$76,641$69,879$59,663
10 years$89,746$81,120$73,243$66,065$59,541$49,812
11 years$80,756$72,217$64,482$57,497$51,207$41,956
12 years$73,269$64,818$57,226$50,432$44,375$35,590
13 years$66,939$58,576$51,128$44,524$38,696$30,366
14 years$61,518$53,244$45,938$39,524$33,920$26,033
15 years$56,825$48,640$41,476$35,248$29,866$22,407
16 years$52,721$44,626$37,604$31,561$26,396$19,350
17 years$49,105$41,099$34,218$28,357$23,404$16,758
18 years$45,894$37,977$31,237$25,556$20,810$14,548
19 years$43,024$35,197$28,596$23,092$18,548$12,655
20 years$40,444$32,707$26,244$20,914$16,568$11,028
21 years$38,113$30,465$24,139$18,981$14,826$9,625
22 years$35,997$28,438$22,248$17,258$13,290$8,411
23 years$34,068$26,597$20,542$15,717$11,930$7,359
24 years$32,302$24,920$18,998$14,335$10,723$6,445
25 years$30,680$23,386$17,596$13,091$9,649$5,649
26 years$29,185$21,979$16,319$11,970$8,691$4,955
27 years$27,803$20,685$15,154$10,957$7,836$4,349
28 years$26,523$19,491$14,088$10,039$7,070$3,820
29 years$25,332$18,388$13,110$9,206$6,384$3,356
30 years$24,223$17,365$12,211$8,448$5,769$2,950
31 years$23,188$16,416$11,384$7,759$5,215$2,594
32 years$22,219$15,533$10,622$7,131$4,718$2,282
33 years$21,311$14,710$9,917$6,557$4,270$2,008
34 years$20,458$13,942$9,266$6,033$3,866$1,768
35 years$19,656$13,223$8,663$5,554$3,501$1,556
36 years$18,900$12,551$8,104$5,115$3,172$1,370
37 years$18,186$11,921$7,586$4,713$2,875$1,207
38 years$17,512$11,329$7,104$4,344$2,607$1,063
39 years$16,874$10,773$6,655$4,005$2,364$936
40 years$16,269$10,249$6,238$3,694$2,144$825
41 years$15,695$9,756$5,849$3,409$1,945$727
42 years$15,150$9,292$5,487$3,146$1,765$641
43 years$14,632$8,853$5,149$2,904$1,602$565
44 years$14,139$8,439$4,833$2,681$1,454$498
45 years$13,669$8,047$4,538$2,476$1,320$439
46 years$13,221$7,677$4,262$2,287$1,198$387
47 years$12,793$7,326$4,004$2,113$1,088$341
48 years$12,384$6,994$3,763$1,953$988$300
49 years$11,993$6,678$3,537$1,805$898$265
50 years$11,619$6,379$3,325$1,668$815$234

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 $3,480 every year, while hoping to spend $26,844 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: 48/38/14 Blend
44$11,900,000$11,900,000$11,900,000$11,900,000
45$13,117,390$12,486,690$12,302,240$13,695,770
46$14,426,802$13,069,976$12,685,803$14,678,728
47$15,868,874$13,680,943$13,081,316$15,742,362
48$17,457,109$14,320,920$13,489,150$16,896,659
49$19,206,388$14,991,298$13,909,690$18,150,100
50$21,133,105$15,693,537$14,343,330$19,511,998
51$23,255,329$16,429,168$14,790,479$20,992,578
52$25,592,969$17,199,794$15,251,557$22,603,073
53$28,167,965$18,007,096$15,726,997$24,355,819
54$31,004,492$18,852,839$16,217,246$26,264,374
55$34,129,193$19,738,870$16,722,766$28,343,632
56$37,571,423$20,667,128$17,244,031$30,609,964
57$41,363,534$21,639,643$17,781,532$33,081,363
58$45,541,175$22,658,545$18,335,774$35,777,607
59$50,143,629$23,726,069$18,907,277$38,720,443
60$55,214,188$24,844,555$19,496,580$41,933,780
61$60,800,555$26,016,458$20,104,235$45,443,911
62$66,955,299$27,244,351$20,730,813$49,279,750
63$73,736,348$28,530,934$21,376,905$53,473,101
64$81,207,541$29,879,034$22,043,116$58,058,947
65$89,439,222$31,291,620$22,730,073$63,075,772
66$98,508,914$32,771,800$23,438,421$68,565,913
67$108,502,041$34,322,836$24,168,826$74,575,955
68$119,512,741$35,948,147$24,921,974$81,157,154
69$131,644,753$37,651,318$25,698,572$88,365,916
70$145,012,394$39,436,109$26,499,351$96,264,314
71$159,741,640$41,306,460$27,325,061$104,920,664
72$175,971,316$43,266,505$28,176,479$114,410,160
73$193,854,404$45,320,578$29,054,405$124,815,565
74$213,559,488$47,473,221$29,959,662$136,227,985
75$235,272,347$49,729,200$30,893,102$148,747,711
76$259,197,705$52,093,510$31,855,600$162,485,154
77$285,561,169$54,571,390$32,848,061$177,561,868
78$314,611,353$57,168,333$33,871,416$194,111,686
79$346,622,229$59,890,099$34,926,626$212,281,963
80$381,895,711$62,742,728$36,014,682$232,234,951
81$420,764,504$65,732,553$37,136,605$254,149,310
82$463,595,252$68,866,215$38,293,449$278,221,778
83$510,791,987$72,150,680$39,486,299$304,669,009
84$562,799,955$75,593,248$40,716,276$333,729,590
85$620,109,812$79,201,579$41,984,533$365,666,281
86$683,262,259$82,983,703$43,292,260$400,768,462
87$752,853,144$86,948,039$44,640,686$439,354,849
88$829,539,091$91,103,420$46,031,076$481,776,473
89$914,043,695$95,459,104$47,464,733$528,419,966
90$1,007,164,355$100,024,802$48,943,004$579,711,187
91$1,109,779,800$104,810,699$50,467,276$636,119,208
92$1,222,858,388$109,827,471$52,038,978$698,160,716
93$1,347,467,245$115,086,319$53,659,585$766,404,855
94$1,484,782,340$120,598,985$55,330,618$841,478,568
95$1,636,099,589$126,377,785$57,053,643$924,072,477
96$1,802,847,084$132,435,633$58,830,277$1,014,947,371
97$1,986,598,582$138,786,075$60,662,187$1,114,941,342
98$2,189,088,357$145,443,312$62,551,090$1,224,977,663
99$2,412,227,577$152,422,241$64,498,758$1,346,073,459
100$2,658,122,340$159,738,482$66,507,018$1,479,349,265