Can I retire at age 45 with 10,700,000?

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 $10,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$883,596$875,725$868,047$860,552$853,233$829,579
2 years$437,424$429,277$421,382$413,727$406,301$382,647
3 years$288,719$280,537$272,662$265,079$257,774$234,860
4 years$214,381$206,225$198,428$190,974$183,847$161,849
5 years$169,790$161,683$153,988$146,687$139,757$118,736
6 years$140,073$132,026$124,445$117,306$110,585$90,560
7 years$118,854$110,875$103,415$96,444$89,935$70,907
8 years$102,948$95,041$87,704$80,905$74,610$56,569
9 years$90,582$82,750$75,539$68,913$62,833$45,761
10 years$80,696$72,940$65,857$59,403$53,536$37,412
11 years$72,612$64,934$57,979$51,699$46,043$30,840
12 years$65,881$58,281$51,455$45,347$39,900$25,589
13 years$60,189$52,669$45,972$40,034$34,794$21,345
14 years$55,315$47,875$41,306$35,538$30,500$17,881
15 years$51,094$43,735$37,294$31,694$26,854$15,032
16 years$47,405$40,126$33,812$28,378$23,734$12,673
17 years$44,153$36,954$30,768$25,498$21,044$10,710
18 years$41,266$34,147$28,087$22,979$18,712$9,069
19 years$38,685$31,648$25,712$20,763$16,678$7,693
20 years$36,366$29,408$23,597$18,805$14,897$6,534
21 years$34,270$27,393$21,705$17,067$13,331$5,557
22 years$32,367$25,570$20,005$15,518$11,950$4,731
23 years$30,633$23,915$18,471$14,132$10,727$4,031
24 years$29,045$22,407$17,082$12,889$9,641$3,437
25 years$27,586$21,028$15,822$11,771$8,676$2,932
26 years$26,242$19,763$14,674$10,763$7,815$2,503
27 years$25,000$18,599$13,626$9,852$7,046$2,137
28 years$23,848$17,526$12,667$9,026$6,357$1,826
29 years$22,778$16,534$11,788$8,277$5,741$1,560
30 years$21,781$15,614$10,980$7,596$5,187$1,334
31 years$20,850$14,761$10,236$6,977$4,690$1,140
32 years$19,979$13,967$9,551$6,412$4,242$975
33 years$19,162$13,227$8,917$5,896$3,839$834
34 years$18,395$12,536$8,332$5,425$3,476$713
35 years$17,674$11,890$7,790$4,994$3,148$610
36 years$16,994$11,285$7,287$4,599$2,852$522
37 years$16,353$10,718$6,821$4,238$2,585$447
38 years$15,746$10,186$6,387$3,906$2,344$382
39 years$15,172$9,686$5,984$3,602$2,125$327
40 years$14,629$9,216$5,609$3,322$1,928$280
41 years$14,113$8,772$5,259$3,065$1,749$240
42 years$13,623$8,355$4,933$2,828$1,587$205
43 years$13,157$7,960$4,629$2,611$1,440$176
44 years$12,713$7,588$4,345$2,411$1,307$150
45 years$12,290$7,236$4,080$2,226$1,187$129
46 years$11,887$6,903$3,832$2,057$1,078$110
47 years$11,503$6,587$3,600$1,900$979$94
48 years$11,135$6,288$3,383$1,756$889$81
49 years$10,783$6,005$3,180$1,623$807$69
50 years$10,447$5,736$2,990$1,500$733$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,700,000, adding $2,725 every year, while hoping to spend $25,728 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: 46/40/14 Blend
44$10,700,000$10,700,000$10,700,000$10,700,000
45$11,794,211$11,227,111$11,061,261$12,289,871
46$12,969,846$11,749,865$11,404,439$13,156,975
47$14,264,534$12,297,372$11,758,251$14,094,266
48$15,690,390$12,870,817$12,123,026$15,110,522
49$17,260,766$13,471,443$12,499,104$16,213,080
50$18,990,374$14,100,554$12,886,834$17,409,996
51$20,895,426$14,759,515$13,286,576$18,710,113
52$22,993,786$15,449,758$13,698,704$20,123,142
53$25,305,141$16,172,784$14,123,598$21,659,748
54$27,851,182$16,930,167$14,561,656$23,331,644
55$30,655,814$17,723,557$15,013,283$25,151,699
56$33,745,379$18,554,684$15,478,900$27,134,053
57$37,148,904$19,425,359$15,958,939$29,294,244
58$40,898,375$20,337,485$16,453,847$31,649,348
59$45,029,042$21,293,054$16,964,082$34,218,138
60$49,579,745$22,294,155$17,490,121$37,021,247
61$54,593,290$23,342,979$18,032,450$40,081,364
62$60,116,843$24,441,822$18,591,575$43,423,435
63$66,202,382$25,593,092$19,168,013$47,074,895
64$72,907,185$26,799,314$19,762,302$51,065,916
65$80,294,371$28,063,133$20,374,992$55,429,685
66$88,433,495$29,387,325$21,006,653$60,202,706
67$97,401,207$30,774,800$21,657,871$65,425,142
68$107,281,971$32,228,606$22,329,251$71,141,176
69$118,168,868$33,751,943$23,021,416$77,399,425
70$130,164,468$35,348,164$23,735,010$84,253,384
71$143,381,804$37,020,785$24,470,693$91,761,923
72$157,945,437$38,773,491$25,229,149$99,989,829
73$173,992,628$40,610,149$26,011,083$109,008,409
74$191,674,641$42,534,811$26,817,218$118,896,144
75$211,158,164$44,551,727$27,648,305$129,739,426
76$232,626,886$46,665,351$28,505,113$141,633,350
77$256,283,233$48,880,357$29,388,438$154,682,606
78$282,350,271$51,201,643$30,299,099$169,002,444
79$311,073,820$53,634,346$31,237,941$184,719,755
80$342,724,772$56,183,851$32,205,835$201,974,243
81$377,601,647$58,855,807$33,203,678$220,919,735
82$416,033,409$61,656,136$34,232,395$241,725,609
83$458,382,577$64,591,047$35,292,941$264,578,376
84$505,048,644$67,667,052$36,386,298$289,683,422
85$556,471,847$70,890,980$37,513,481$317,266,923
86$613,137,327$74,269,989$38,675,534$347,577,964
87$675,579,704$77,811,589$39,873,534$380,890,860
88$744,388,129$81,523,651$41,108,593$417,507,728
89$820,211,841$85,414,433$42,381,853$457,761,310
90$903,766,299$89,492,590$43,694,495$502,018,090
91$995,839,936$93,767,202$45,047,736$550,681,726
92$1,097,301,603$98,247,789$46,442,829$604,196,832
93$1,209,108,769$102,944,333$47,881,066$663,053,145
94$1,332,316,562$107,867,303$49,363,780$727,790,115
95$1,468,087,728$113,027,678$50,892,344$799,001,968
96$1,617,703,612$118,436,970$52,468,173$877,343,278
97$1,782,576,251$124,107,252$54,092,727$963,535,113
98$1,964,261,705$130,051,184$55,767,510$1,058,371,800
99$2,164,474,750$136,282,043$57,494,072$1,162,728,390
100$2,385,105,064$142,813,752$59,274,013$1,277,568,871