Can I retire at age 45 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$825,791$818,435$811,258$804,254$797,414$791,725
2 years$408,807$401,194$393,815$386,660$379,721$373,984
3 years$269,831$262,184$254,824$247,737$240,911$235,304
4 years$200,356$192,733$185,447$178,481$171,819$166,386
5 years$158,683$151,105$143,914$137,090$130,614$125,370
6 years$130,909$123,389$116,304$109,632$103,351$98,303
7 years$111,079$103,622$96,649$90,135$84,052$79,202
8 years$96,213$88,823$81,966$75,612$69,729$65,078
9 years$84,656$77,336$70,598$64,404$58,722$54,268
10 years$75,417$68,168$61,549$55,517$50,034$45,775
11 years$67,862$60,686$54,186$48,317$43,031$38,963
12 years$61,571$54,469$48,089$42,380$37,290$33,410
13 years$56,251$49,224$42,964$37,415$32,517$28,822
14 years$51,696$44,743$38,604$33,213$28,505$24,988
15 years$47,752$40,874$34,854$29,620$25,098$21,756
16 years$44,304$37,501$31,600$26,522$22,181$19,010
17 years$41,265$34,537$28,755$23,830$19,668$16,660
18 years$38,566$31,914$26,250$21,475$17,487$14,640
19 years$36,155$29,577$24,030$19,405$15,587$12,893
20 years$33,987$27,484$22,054$17,575$13,923$11,376
21 years$32,028$25,601$20,285$15,950$12,459$10,055
22 years$30,250$23,897$18,696$14,502$11,168$8,901
23 years$28,629$22,351$17,262$13,208$10,025$7,889
24 years$27,145$20,941$15,965$12,046$9,011$7,000
25 years$25,782$19,652$14,787$11,001$8,108$6,218
26 years$24,525$18,470$13,714$10,059$7,304$5,528
27 years$23,364$17,382$12,734$9,207$6,585$4,918
28 years$22,288$16,379$11,838$8,436$5,942$4,379
29 years$21,288$15,452$11,017$7,736$5,365$3,901
30 years$20,356$14,593$10,262$7,099$4,848$3,477
31 years$19,486$13,795$9,567$6,520$4,383$3,100
32 years$18,672$13,053$8,926$5,992$3,965$2,766
33 years$17,909$12,361$8,334$5,510$3,588$2,468
34 years$17,192$11,716$7,787$5,070$3,248$2,204
35 years$16,518$11,112$7,280$4,667$2,942$1,968
36 years$15,882$10,547$6,810$4,298$2,666$1,758
37 years$15,283$10,017$6,374$3,960$2,416$1,571
38 years$14,716$9,520$5,969$3,650$2,190$1,404
39 years$14,180$9,053$5,593$3,366$1,986$1,255
40 years$13,672$8,613$5,242$3,105$1,802$1,122
41 years$13,189$8,199$4,915$2,864$1,635$1,003
42 years$12,731$7,808$4,611$2,643$1,483$897
43 years$12,296$7,439$4,327$2,440$1,346$802
44 years$11,881$7,091$4,061$2,253$1,222$717
45 years$11,486$6,762$3,813$2,081$1,109$642
46 years$11,110$6,451$3,582$1,922$1,007$574
47 years$10,750$6,156$3,365$1,776$914$514
48 years$10,406$5,877$3,162$1,641$830$460
49 years$10,078$5,612$2,972$1,516$754$411
50 years$9,763$5,361$2,794$1,402$685$368

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,000,000, adding $2,809 every year, while hoping to spend $20,942 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: 36/35/29 Blend
44$10,000,000$10,000,000$10,000,000$10,000,000
45$11,022,897$10,492,897$10,337,897$11,323,710
46$12,124,951$10,984,767$10,661,935$12,040,226
47$13,338,712$11,500,037$10,996,126$12,811,138
48$14,675,552$12,039,831$11,340,788$13,643,021
49$16,148,004$12,605,328$11,696,250$14,541,379
50$17,769,875$13,197,764$12,062,849$15,512,244
51$19,556,383$13,818,434$12,440,934$16,562,235
52$21,524,295$14,468,698$12,830,866$17,698,610
53$23,692,088$15,149,980$13,233,016$18,929,334
54$26,080,124$15,863,772$13,647,765$20,263,146
55$28,710,840$16,611,640$14,075,509$21,709,642
56$31,608,962$17,395,226$14,516,654$23,279,355
57$34,801,734$18,216,251$14,971,620$24,983,853
58$38,319,182$19,076,519$15,440,841$26,835,837
59$42,194,392$19,977,921$15,924,762$28,849,263
60$46,463,823$20,922,442$16,423,844$31,039,462
61$51,167,652$21,912,160$16,938,562$33,423,278
62$56,350,154$22,949,258$17,469,405$36,019,223
63$62,060,118$24,036,020$18,016,879$38,847,644
64$68,351,309$25,174,844$18,581,504$41,930,907
65$75,282,975$26,368,244$19,163,817$45,293,600
66$82,920,406$27,618,856$19,764,372$48,962,760
67$91,335,550$28,929,442$20,383,741$52,968,115
68$100,607,693$30,302,901$21,022,513$57,342,359
69$110,824,205$31,742,270$21,681,294$62,121,454
70$122,081,369$33,250,737$22,360,713$67,344,952
71$134,485,286$34,831,641$23,061,414$73,056,368
72$148,152,879$36,488,484$23,784,065$79,303,571
73$163,212,994$38,224,942$24,529,353$86,139,234
74$179,807,619$40,044,864$25,297,986$93,621,313
75$198,093,223$41,952,289$26,090,696$101,813,582
76$218,242,234$43,951,453$26,908,236$110,786,230
77$240,444,664$46,046,797$27,751,384$120,616,500
78$264,909,906$48,242,976$28,620,942$131,389,415
79$291,868,710$50,544,875$29,517,736$143,198,557
80$321,575,358$52,957,614$30,442,620$156,146,941
81$354,310,069$55,486,562$31,396,473$170,347,971
82$390,381,643$58,137,350$32,380,202$185,926,493
83$430,130,374$60,915,883$33,394,741$203,019,957
84$473,931,264$63,828,353$34,441,057$221,779,696
85$522,197,564$66,881,254$35,520,144$242,372,339
86$575,384,673$70,081,394$36,633,027$264,981,358
87$633,994,441$73,435,913$37,780,765$289,808,785
88$698,579,903$76,952,301$38,964,448$317,077,098
89$769,750,499$80,638,410$40,185,204$347,031,295
90$848,177,832$84,502,475$41,444,190$379,941,185
91$934,602,007$88,553,131$42,742,606$416,103,911
92$1,029,838,613$92,799,436$44,081,685$455,846,730
93$1,134,786,429$97,250,887$45,462,700$499,530,075
94$1,250,435,908$101,917,443$46,886,963$547,550,927
95$1,377,878,524$106,809,551$48,355,829$600,346,538
96$1,518,317,078$111,938,164$49,870,694$658,398,523
97$1,673,077,055$117,314,769$51,432,998$722,237,378
98$1,843,619,137$122,951,415$53,044,225$792,447,453
99$2,031,552,990$128,860,735$54,705,908$869,672,433
100$2,238,652,464$135,055,980$56,419,624$954,621,378