Can I retire at age 45 with 10,500,000?

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 $10,500,000?

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$867,080$859,357$851,821$844,466$837,285$819,709
2 years$429,248$421,253$413,506$405,993$398,707$381,083
3 years$283,323$275,294$267,565$260,124$252,956$235,833
4 years$210,374$202,370$194,719$187,405$180,410$163,921
5 years$166,617$158,661$151,110$143,945$137,145$121,335
6 years$137,455$129,558$122,119$115,114$108,518$93,405
7 years$116,633$108,803$101,482$94,641$88,254$73,841
8 years$101,023$93,264$86,065$79,392$73,216$59,497
9 years$88,889$81,203$74,127$67,625$61,658$48,625
10 years$79,187$71,577$64,626$58,293$52,536$40,176
11 years$71,255$63,720$56,896$50,732$45,183$33,479
12 years$64,649$57,192$50,493$44,499$39,154$28,090
13 years$59,064$51,685$45,113$39,286$34,143$23,700
14 years$54,281$46,980$40,534$34,874$29,930$20,086
15 years$50,139$42,917$36,597$31,101$26,353$17,087
16 years$46,519$39,376$33,180$27,848$23,290$14,581
17 years$43,328$36,264$30,193$25,021$20,651$12,476
18 years$40,494$33,509$27,562$22,549$18,362$10,697
19 years$37,962$31,056$25,232$20,375$16,366$9,190
20 years$35,686$28,859$23,156$18,453$14,619$7,907
21 years$33,630$26,881$21,299$16,748$13,082$6,813
22 years$31,762$25,092$19,631$15,227$11,726$5,877
23 years$30,060$23,468$18,125$13,868$10,526$5,074
24 years$28,502$21,988$16,763$12,648$9,461$4,385
25 years$27,071$20,635$15,526$11,551$8,514$3,792
26 years$25,752$19,393$14,399$10,562$7,669$3,281
27 years$24,532$18,251$13,371$9,668$6,914$2,841
28 years$23,402$17,198$12,430$8,858$6,239$2,461
29 years$22,352$16,225$11,567$8,123$5,633$2,132
30 years$21,373$15,322$10,775$7,454$5,090$1,848
31 years$20,460$14,485$10,045$6,846$4,602$1,603
32 years$19,605$13,706$9,372$6,292$4,163$1,390
33 years$18,804$12,979$8,751$5,786$3,767$1,206
34 years$18,051$12,301$8,176$5,324$3,411$1,046
35 years$17,344$11,668$7,644$4,901$3,089$908
36 years$16,676$11,074$7,151$4,513$2,799$788
37 years$16,047$10,518$6,693$4,158$2,537$684
38 years$15,452$9,996$6,268$3,833$2,300$594
39 years$14,889$9,505$5,872$3,534$2,086$516
40 years$14,355$9,043$5,504$3,260$1,892$448
41 years$13,849$8,608$5,161$3,008$1,716$389
42 years$13,368$8,198$4,841$2,776$1,557$338
43 years$12,911$7,811$4,543$2,562$1,413$293
44 years$12,475$7,446$4,264$2,366$1,283$255
45 years$12,061$7,100$4,004$2,185$1,165$221
46 years$11,665$6,773$3,761$2,018$1,057$192
47 years$11,288$6,464$3,533$1,865$960$167
48 years$10,927$6,171$3,320$1,723$872$145
49 years$10,582$5,893$3,121$1,592$792$126
50 years$10,252$5,629$2,934$1,472$719$109

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,500,000, adding $4,807 every year, while hoping to spend $46,453 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: 55/20/25 Blend
44$10,500,000$10,500,000$10,500,000$10,500,000
45$11,575,958$11,019,458$10,856,708$12,132,805
46$12,707,281$11,509,986$11,170,983$13,006,652
47$13,952,441$12,022,993$11,494,228$13,952,606
48$15,323,001$12,559,531$11,826,696$14,981,889
49$16,831,702$13,120,703$12,168,645$16,102,521
50$18,492,582$13,707,664$12,520,341$17,323,321
51$20,321,109$14,321,623$12,882,056$18,653,989
52$22,334,328$14,963,848$13,254,071$20,105,194
53$24,551,020$15,635,667$13,636,673$21,688,672
54$26,991,880$16,338,471$14,030,157$23,417,336
55$29,679,712$17,073,716$14,434,828$25,305,391
56$32,639,645$17,842,931$14,850,997$27,368,468
57$35,899,368$18,647,714$15,278,985$29,623,769
58$39,489,393$19,489,741$15,719,120$32,090,223
59$43,443,342$20,370,769$16,171,741$34,788,664
60$47,798,263$21,292,638$16,637,195$37,742,025
61$52,594,983$22,257,274$17,115,838$40,975,546
62$57,878,489$23,266,698$17,608,037$44,517,012
63$63,698,356$24,323,027$18,114,167$48,397,012
64$70,109,211$25,428,478$18,634,614$52,649,222
65$77,171,253$26,585,376$19,169,776$57,310,717
66$84,950,816$27,796,155$19,720,059$62,422,319
67$93,521,000$29,063,367$20,285,881$68,028,978
68$102,962,356$30,389,686$20,867,673$74,180,188
69$113,363,650$31,777,915$21,465,874$80,930,452
70$124,822,699$33,230,990$22,080,937$88,339,790
71$137,447,294$34,751,987$22,713,328$96,474,299
72$151,356,217$36,344,134$23,363,523$105,406,775
73$166,680,363$38,010,808$24,032,013$115,217,388
74$183,563,974$39,755,552$24,719,300$125,994,438
75$202,166,004$41,582,079$25,425,902$137,835,177
76$222,661,614$43,494,278$26,152,347$150,846,725
77$245,243,829$45,496,228$26,899,180$165,147,070
78$270,125,357$47,592,201$27,666,960$180,866,177
79$297,540,601$49,786,676$28,456,261$198,147,205
80$327,747,867$52,084,348$29,267,671$217,147,851
81$361,031,805$54,490,137$30,101,794$238,041,829
82$397,706,096$57,009,200$30,959,250$261,020,503
83$438,116,408$59,646,941$31,840,676$286,294,683
84$482,643,668$62,409,028$32,746,724$314,096,606
85$531,707,649$65,301,397$33,678,066$344,682,115
86$585,770,937$68,330,273$34,635,390$378,333,068
87$645,343,298$71,502,182$35,619,400$415,359,986
88$710,986,487$74,823,961$36,630,822$456,104,971
89$783,319,553$78,302,780$37,670,400$500,944,925
90$863,024,684$81,946,153$38,738,895$550,295,095
91$950,853,645$85,761,957$39,837,091$604,612,983
92$1,047,634,873$89,758,449$40,965,790$664,402,644
93$1,154,281,303$93,944,286$42,125,816$730,219,437
94$1,271,798,980$98,328,540$43,318,015$802,675,249
95$1,401,296,561$102,920,724$44,543,254$882,444,257
96$1,543,995,779$107,730,808$45,802,422$970,269,274
97$1,701,242,977$112,769,246$47,096,432$1,066,968,750
98$1,874,521,817$118,046,996$48,426,219$1,173,444,474
99$2,065,467,289$123,575,545$49,792,744$1,290,690,070
100$2,275,881,143$129,366,937$51,196,991$1,419,800,361