Can I retire at age 45 with 10,100,000?

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 $10,100,000?

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$834,049$826,619$819,371$812,296$805,388$799,642
2 years$412,895$405,206$397,753$390,527$383,518$377,724
3 years$272,529$264,806$257,372$250,214$243,320$237,657
4 years$202,360$194,661$187,301$180,265$173,538$168,050
5 years$160,269$152,616$145,353$138,461$131,921$126,624
6 years$132,218$124,623$117,467$110,728$104,384$99,286
7 years$112,190$104,658$97,616$91,036$84,892$79,994
8 years$97,175$89,711$82,786$76,368$70,426$65,729
9 years$85,503$78,110$71,303$65,048$59,309$54,810
10 years$76,171$68,850$62,164$56,072$50,534$46,232
11 years$68,540$61,293$54,728$48,800$43,461$39,353
12 years$62,186$55,013$48,570$42,804$37,663$33,744
13 years$56,814$49,716$43,394$37,789$32,843$29,110
14 years$52,213$45,190$38,990$33,545$28,790$25,238
15 years$48,229$41,282$35,202$29,917$25,349$21,974
16 years$44,747$37,876$31,916$26,787$22,403$19,200
17 years$41,677$34,882$29,042$24,068$19,864$16,827
18 years$38,952$32,233$26,512$21,690$17,662$14,786
19 years$36,516$29,873$24,270$19,599$15,743$13,022
20 years$34,327$27,759$22,274$17,750$14,062$11,490
21 years$32,348$25,857$20,488$16,110$12,584$10,156
22 years$30,552$24,136$18,883$14,647$11,280$8,990
23 years$28,915$22,574$17,435$13,340$10,125$7,968
24 years$27,416$21,151$16,124$12,167$9,101$7,070
25 years$26,039$19,849$14,934$11,111$8,189$6,280
26 years$24,771$18,655$13,851$10,159$7,377$5,583
27 years$23,598$17,556$12,862$9,299$6,651$4,967
28 years$22,511$16,543$11,957$8,520$6,001$4,422
29 years$21,500$15,607$11,127$7,813$5,419$3,940
30 years$20,559$14,739$10,364$7,170$4,896$3,511
31 years$19,680$13,933$9,662$6,586$4,427$3,131
32 years$18,858$13,183$9,015$6,052$4,004$2,794
33 years$18,088$12,485$8,417$5,566$3,624$2,493
34 years$17,364$11,833$7,865$5,121$3,281$2,226
35 years$16,683$11,223$7,353$4,714$2,972$1,988
36 years$16,041$10,653$6,878$4,341$2,692$1,776
37 years$15,436$10,117$6,438$4,000$2,440$1,586
38 years$14,863$9,615$6,029$3,687$2,212$1,418
39 years$14,322$9,143$5,649$3,400$2,006$1,267
40 years$13,808$8,699$5,294$3,136$1,820$1,133
41 years$13,321$8,281$4,964$2,893$1,651$1,013
42 years$12,859$7,886$4,657$2,670$1,498$906
43 years$12,419$7,514$4,370$2,465$1,360$810
44 years$12,000$7,162$4,102$2,276$1,234$725
45 years$11,601$6,830$3,851$2,102$1,120$648
46 years$11,221$6,515$3,617$1,941$1,017$580
47 years$10,858$6,218$3,398$1,794$924$519
48 years$10,511$5,936$3,194$1,657$839$464
49 years$10,179$5,668$3,002$1,532$762$415
50 years$9,861$5,415$2,822$1,416$692$372

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,100,000, adding $6,885 every year, while hoping to spend $38,528 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: 65/25/10 Blend
44$10,100,000$10,100,000$10,100,000$10,100,000
45$11,137,302$10,602,002$10,445,452$11,836,980
46$12,232,313$11,080,506$10,754,381$12,782,691
47$13,437,724$11,581,167$11,072,368$13,810,395
48$14,764,755$12,105,027$11,399,676$14,932,266
49$16,225,770$12,653,183$11,736,574$16,157,476
50$17,834,390$13,226,781$12,083,341$17,496,111
51$19,605,629$13,827,023$12,440,264$18,959,270
52$21,556,025$14,455,170$12,807,635$20,559,162
53$23,703,807$15,112,540$13,185,757$22,309,220
54$26,069,057$15,800,517$13,574,943$24,224,225
55$28,673,909$16,520,550$13,975,511$26,320,443
56$31,542,748$17,274,157$14,387,791$28,615,775
57$34,702,448$18,062,931$14,812,122$31,129,922
58$38,182,621$18,888,538$15,248,852$33,884,571
59$42,015,899$19,752,726$15,698,338$36,903,589
60$46,238,238$20,657,327$16,160,950$40,213,251
61$50,889,262$21,604,260$16,637,066$43,842,483
62$56,012,635$22,595,537$17,127,075$47,823,127
63$61,656,470$23,633,265$17,631,379$52,190,245
64$67,873,789$24,719,654$18,150,389$56,982,435
65$74,723,018$25,857,020$18,684,530$62,242,200
66$82,268,541$27,047,788$19,234,236$68,016,339
67$90,581,305$28,294,503$19,799,957$74,356,388
68$99,739,495$29,599,831$20,382,152$81,319,094
69$109,829,266$30,966,564$20,981,296$88,966,953
70$120,945,558$32,397,633$21,597,876$97,368,790
71$133,192,993$33,896,106$22,232,394$106,600,403
72$146,686,863$35,465,199$22,885,364$116,745,271
73$161,554,216$37,108,287$23,557,316$127,895,338
74$177,935,055$38,828,902$24,248,795$140,151,873
75$195,983,663$40,630,750$24,960,362$153,626,418
76$215,870,054$42,517,715$25,692,592$168,441,833
77$237,781,583$44,493,866$26,446,077$184,733,448
78$261,924,711$46,563,472$27,221,427$202,650,333
79$288,526,954$48,731,005$28,019,268$222,356,698
80$317,839,033$51,001,153$28,840,242$244,033,428
81$350,137,237$53,378,832$29,685,013$267,879,788
82$385,726,034$55,869,194$30,554,260$294,115,291
83$424,940,945$58,477,640$31,448,683$322,981,758
84$468,151,708$61,209,832$32,369,001$354,745,593
85$515,765,773$64,071,705$33,315,954$389,700,286
86$568,232,145$67,069,481$34,290,301$428,169,168
87$626,045,622$70,209,683$35,292,824$470,508,456
88$689,751,468$73,499,150$36,324,326$517,110,599
89$759,950,560$76,945,051$37,385,633$568,407,971
90$837,305,059$80,554,901$38,477,594$624,876,937
91$922,544,663$84,336,578$39,601,081$687,042,337
92$1,016,473,492$88,298,345$40,756,991$755,482,421
93$1,119,977,684$92,448,860$41,946,247$830,834,296
94$1,234,033,757$96,797,203$43,169,795$913,799,922
95$1,359,717,827$101,352,893$44,428,610$1,005,152,718
96$1,498,215,770$106,125,909$45,723,693$1,105,744,849
97$1,650,834,415$111,126,715$47,056,073$1,216,515,246
98$1,819,013,882$116,366,280$48,426,808$1,338,498,454
99$2,004,341,177$121,856,107$49,836,985$1,472,834,374
100$2,208,565,174$127,608,253$51,287,721$1,620,779,004