Can I retire at age 45 with 10,400,000?

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 $10,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$858,822$851,172$843,709$836,424$829,311$811,903
2 years$425,160$417,241$409,567$402,127$394,910$377,454
3 years$280,624$272,672$265,017$257,647$250,547$233,587
4 years$208,371$200,443$192,865$185,620$178,692$162,360
5 years$165,030$157,149$149,671$142,574$135,839$120,180
6 years$136,145$128,324$120,956$114,017$107,485$92,515
7 years$115,522$107,767$100,515$93,740$87,414$73,138
8 years$100,061$92,376$85,245$78,636$72,518$58,931
9 years$88,043$80,430$73,421$66,981$61,071$48,162
10 years$78,433$70,895$64,010$57,738$52,035$39,793
11 years$70,576$63,114$56,354$50,249$44,752$33,161
12 years$64,033$56,647$50,013$44,075$38,781$27,823
13 years$58,502$51,193$44,683$38,912$33,818$23,474
14 years$53,764$46,533$40,148$34,542$29,645$19,895
15 years$49,662$42,508$36,248$30,805$26,102$16,924
16 years$46,076$39,001$32,864$27,583$23,069$14,442
17 years$42,915$35,918$29,905$24,783$20,454$12,357
18 years$40,109$33,190$27,299$22,334$18,187$10,596
19 years$37,601$30,760$24,991$20,181$16,210$9,102
20 years$35,346$28,584$22,936$18,278$14,479$7,832
21 years$33,309$26,625$21,097$16,588$12,957$6,748
22 years$31,460$24,853$19,444$15,082$11,615$5,821
23 years$29,774$23,245$17,953$13,736$10,426$5,026
24 years$28,230$21,779$16,603$12,528$9,371$4,343
25 years$26,813$20,438$15,378$11,441$8,432$3,756
26 years$25,506$19,209$14,262$10,461$7,596$3,250
27 years$24,299$18,078$13,244$9,575$6,848$2,814
28 years$23,179$17,034$12,312$8,773$6,179$2,437
29 years$22,139$16,070$11,457$8,045$5,580$2,112
30 years$21,170$15,176$10,672$7,383$5,042$1,831
31 years$20,265$14,347$9,949$6,781$4,558$1,588
32 years$19,418$13,575$9,283$6,232$4,123$1,377
33 years$18,625$12,856$8,667$5,731$3,731$1,195
34 years$17,880$12,184$8,098$5,273$3,378$1,037
35 years$17,178$11,557$7,571$4,854$3,060$900
36 years$16,518$10,969$7,083$4,470$2,772$781
37 years$15,894$10,418$6,629$4,119$2,513$678
38 years$15,305$9,901$6,208$3,796$2,278$588
39 years$14,747$9,415$5,816$3,501$2,066$511
40 years$14,218$8,957$5,452$3,229$1,874$444
41 years$13,717$8,527$5,112$2,979$1,700$385
42 years$13,241$8,120$4,795$2,749$1,543$335
43 years$12,788$7,737$4,500$2,538$1,400$291
44 years$12,357$7,375$4,224$2,343$1,271$252
45 years$11,946$7,033$3,966$2,164$1,154$219
46 years$11,554$6,709$3,725$1,999$1,047$190
47 years$11,180$6,402$3,499$1,847$951$165
48 years$10,823$6,112$3,288$1,707$864$144
49 years$10,481$5,837$3,091$1,577$784$125
50 years$10,154$5,575$2,906$1,458$713$108

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,400,000, adding $6,088 every year, while hoping to spend $54,509 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: 41/44/15 Blend
44$10,400,000$10,400,000$10,400,000$10,400,000
45$11,467,080$10,915,880$10,754,680$11,886,204
46$12,578,725$11,392,761$11,056,964$12,659,835
47$13,801,931$11,891,182$11,367,549$13,490,829
48$15,148,019$12,412,141$11,686,653$14,389,070
49$16,629,465$12,956,684$12,014,504$15,360,714
50$18,260,013$13,525,904$12,351,332$16,412,512
51$20,054,808$14,120,948$12,697,376$17,551,872
52$22,030,540$14,743,015$13,052,879$18,786,926
53$24,205,595$15,393,363$13,418,091$20,126,602
54$26,600,237$16,073,309$13,793,268$21,580,701
55$29,236,790$16,784,230$14,178,671$23,159,989
56$32,139,857$17,527,572$14,574,571$24,876,289
57$35,336,545$18,304,846$14,981,242$26,742,590
58$38,856,726$19,117,636$15,398,967$28,773,163
59$42,733,315$19,967,603$15,828,035$30,983,692
60$47,002,581$20,856,484$16,268,743$33,391,411
61$51,704,493$21,786,100$16,721,394$36,015,268
62$56,883,090$22,758,358$17,186,300$38,876,088
63$62,586,904$23,775,256$17,663,779$41,996,771
64$68,869,411$24,838,887$18,154,159$45,402,496
65$75,789,541$25,951,443$18,657,774$49,120,952
66$83,412,232$27,115,221$19,174,966$53,182,592
67$91,809,040$28,332,627$19,706,088$57,620,913
68$101,058,818$29,606,181$20,251,498$62,472,762
69$111,248,459$30,938,526$20,811,565$67,778,674
70$122,473,715$32,332,427$21,386,665$73,583,248
71$134,840,101$33,790,783$21,977,186$79,935,556
72$148,463,892$35,316,632$22,583,523$86,889,597
73$163,473,218$36,913,156$23,206,080$94,504,794
74$180,009,275$38,583,689$23,845,271$102,846,546
75$198,227,655$40,331,724$24,501,522$111,986,831
76$218,299,820$42,160,923$25,175,267$122,004,875
77$240,414,713$44,075,119$25,866,950$132,987,888
78$264,780,547$46,078,333$26,577,026$145,031,869
79$291,626,767$48,174,776$27,305,961$158,242,502
80$321,206,218$50,368,861$28,054,231$172,736,140
81$353,797,529$52,665,212$28,822,324$188,640,882
82$389,707,744$55,068,674$29,610,740$206,097,772
83$429,275,221$57,584,327$30,419,987$225,262,109
84$472,872,826$60,217,491$31,250,588$246,304,900
85$520,911,449$62,973,743$32,103,078$269,414,450
86$573,843,889$65,858,928$32,978,003$294,798,125
87$632,169,120$68,879,170$33,875,921$322,684,286
88$696,437,010$72,040,889$34,797,404$353,324,425
89$767,253,503$75,350,811$35,743,035$386,995,517
90$845,286,346$78,815,987$36,713,413$424,002,609
91$931,271,388$82,443,805$37,709,147$464,681,680
92$1,026,019,529$86,242,010$38,730,862$509,402,780
93$1,130,424,371$90,218,719$39,779,196$558,573,504
94$1,245,470,659$94,382,438$40,854,801$612,642,806
95$1,372,243,572$98,742,084$41,958,344$672,105,213
96$1,511,938,973$103,307,002$43,090,504$737,505,457
97$1,665,874,691$108,086,988$44,251,979$809,443,590
98$1,835,502,967$113,092,308$45,443,478$888,580,613
99$2,022,424,163$118,333,724$46,665,727$975,644,682
100$2,228,401,867$123,822,516$47,919,469$1,071,437,943