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%19.2%
1 years$982,691$973,938$965,398$957,062$948,923$913,801
2 years$486,481$477,420$468,640$460,126$451,868$416,880
3 years$321,099$311,999$303,241$294,807$286,684$252,930
4 years$238,424$229,353$220,682$212,392$204,465$172,203
5 years$188,832$179,815$171,258$163,137$155,431$124,744
6 years$155,782$146,833$138,402$130,462$122,987$93,898
7 years$132,184$123,310$115,013$107,260$100,022$72,522
8 years$114,493$105,699$97,540$89,978$82,978$57,042
9 years$100,741$92,030$84,011$76,641$69,879$45,473
10 years$89,746$81,120$73,243$66,065$59,541$36,620
11 years$80,756$72,217$64,482$57,497$51,207$29,722
12 years$73,269$64,818$57,226$50,432$44,375$24,272
13 years$66,939$58,576$51,128$44,524$38,696$19,919
14 years$61,518$53,244$45,938$39,524$33,920$16,410
15 years$56,825$48,640$41,476$35,248$29,866$13,563
16 years$52,721$44,626$37,604$31,561$26,396$11,238
17 years$49,105$41,099$34,218$28,357$23,404$9,332
18 years$45,894$37,977$31,237$25,556$20,810$7,762
19 years$43,024$35,197$28,596$23,092$18,548$6,466
20 years$40,444$32,707$26,244$20,914$16,568$5,392
21 years$38,113$30,465$24,139$18,981$14,826$4,501
22 years$35,997$28,438$22,248$17,258$13,290$3,761
23 years$34,068$26,597$20,542$15,717$11,930$3,144
24 years$32,302$24,920$18,998$14,335$10,723$2,630
25 years$30,680$23,386$17,596$13,091$9,649$2,201
26 years$29,185$21,979$16,319$11,970$8,691$1,843
27 years$27,803$20,685$15,154$10,957$7,836$1,543
28 years$26,523$19,491$14,088$10,039$7,070$1,293
29 years$25,332$18,388$13,110$9,206$6,384$1,083
30 years$24,223$17,365$12,211$8,448$5,769$908
31 years$23,188$16,416$11,384$7,759$5,215$761
32 years$22,219$15,533$10,622$7,131$4,718$638
33 years$21,311$14,710$9,917$6,557$4,270$535
34 years$20,458$13,942$9,266$6,033$3,866$449
35 years$19,656$13,223$8,663$5,554$3,501$376
36 years$18,900$12,551$8,104$5,115$3,172$315
37 years$18,186$11,921$7,586$4,713$2,875$265
38 years$17,512$11,329$7,104$4,344$2,607$222
39 years$16,874$10,773$6,655$4,005$2,364$186
40 years$16,269$10,249$6,238$3,694$2,144$156
41 years$15,695$9,756$5,849$3,409$1,945$131
42 years$15,150$9,292$5,487$3,146$1,765$110
43 years$14,632$8,853$5,149$2,904$1,602$92
44 years$14,139$8,439$4,833$2,681$1,454$77
45 years$13,669$8,047$4,538$2,476$1,320$65
46 years$13,221$7,677$4,262$2,287$1,198$54
47 years$12,793$7,326$4,004$2,113$1,088$46
48 years$12,384$6,994$3,763$1,953$988$38
49 years$11,993$6,678$3,537$1,805$898$32
50 years$11,619$6,379$3,325$1,668$815$27

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 $6,333 every year, while hoping to spend $29,768 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: 44/44/12 Blend
44$11,900,000$11,900,000$11,900,000$11,900,000
45$13,120,332$12,489,632$12,305,182$13,652,130
46$14,426,933$13,069,952$12,685,733$14,603,415
47$15,865,810$13,677,709$13,078,035$15,630,337
48$17,450,423$14,314,217$13,482,449$16,742,699
49$19,195,605$14,980,852$13,899,350$17,948,373
50$21,117,700$15,679,057$14,329,122$19,256,000
51$23,234,720$16,410,345$14,772,162$20,675,060
52$25,566,511$17,176,302$15,228,878$22,215,957
53$28,134,942$17,978,588$15,699,693$23,890,116
54$30,964,114$18,818,946$16,185,041$25,710,081
55$34,080,583$19,699,204$16,685,369$27,689,627
56$37,513,613$20,621,275$17,201,139$29,843,885
57$41,295,451$21,587,168$17,732,827$32,189,476
58$45,461,633$22,598,985$18,280,923$34,744,662
59$50,051,319$23,658,934$18,845,933$37,529,514
60$55,107,659$24,769,328$19,428,377$40,566,085
61$60,678,206$25,932,591$20,028,794$43,878,620
62$66,815,360$27,151,265$20,647,735$47,493,767
63$73,576,865$28,428,015$21,285,773$51,440,827
64$81,026,353$29,765,635$21,943,494$55,752,017
65$89,233,945$31,167,056$22,621,505$60,462,764
66$98,276,914$32,635,347$23,320,431$65,612,030
67$108,240,409$34,173,730$24,040,916$71,242,671
68$119,218,268$35,785,580$24,783,624$77,401,826
69$131,313,895$37,474,436$25,549,239$84,141,353
70$144,641,239$39,244,011$26,338,465$91,518,304
71$159,325,872$41,098,194$27,152,031$99,595,452
72$175,506,172$43,041,066$27,990,684$108,441,870
73$193,334,627$45,076,904$28,855,198$118,133,567
74$212,979,280$47,210,193$29,746,368$128,754,193
75$234,625,310$49,445,636$30,665,015$140,395,809
76$258,476,782$51,788,163$31,611,983$153,159,744
77$284,758,575$54,242,944$32,588,146$167,157,530
78$313,718,502$56,815,400$33,594,400$182,511,941
79$345,629,649$59,511,215$34,631,673$199,358,131
80$380,792,957$62,336,348$35,700,918$217,844,887
81$419,540,058$65,297,049$36,803,118$238,136,020
82$462,236,410$68,399,870$37,939,288$260,411,881
83$509,284,742$71,651,682$39,110,473$284,871,048
84$561,128,861$75,059,690$40,317,749$311,732,172
85$618,257,838$78,631,448$41,562,227$341,236,020
86$681,210,627$82,374,878$42,845,051$373,647,717
87$750,581,150$86,298,287$44,167,400$409,259,226
88$827,023,909$90,410,384$45,530,489$448,392,071
89$911,260,158$94,720,304$46,935,571$491,400,347
90$1,004,084,719$99,237,624$48,383,938$538,674,028
91$1,106,373,481$103,972,387$49,876,919$590,642,614
92$1,219,091,667$108,935,126$51,415,888$647,779,157
93$1,343,302,954$114,136,883$53,002,256$710,604,683
94$1,480,179,505$119,589,241$54,637,482$779,693,078
95$1,631,013,044$125,304,343$56,323,067$855,676,465
96$1,797,227,044$131,294,925$58,060,559$939,251,127
97$1,980,390,167$137,574,341$59,851,553$1,031,184,040
98$2,182,231,077$144,156,597$61,697,693$1,132,320,067
99$2,404,654,755$151,056,378$63,600,674$1,243,589,883
100$2,649,760,486$158,289,086$65,562,242$1,366,018,716