Can I retire at age 45 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$891,854$883,910$876,159$868,594$861,207$843,819
2 years$441,512$433,289$425,320$417,593$410,099$392,657
3 years$291,417$283,159$275,210$267,556$260,183$243,231
4 years$216,385$208,152$200,283$192,759$185,565$169,234
5 years$171,377$163,194$155,427$148,057$141,064$125,400
6 years$141,382$133,260$125,608$118,403$111,619$96,639
7 years$119,965$111,911$104,381$97,345$90,776$76,484
8 years$103,910$95,929$88,524$81,661$75,307$61,698
9 years$91,429$83,523$76,245$69,557$63,420$50,485
10 years$81,450$73,622$66,472$59,959$54,037$41,763
11 years$73,291$65,541$58,521$52,182$46,473$34,846
12 years$66,496$58,826$51,936$45,771$40,273$29,275
13 years$60,752$53,162$46,401$40,409$35,119$24,732
14 years$55,832$48,322$41,692$35,870$30,785$20,990
15 years$51,572$44,143$37,642$31,990$27,105$17,881
16 years$47,848$40,501$34,128$28,644$23,956$15,280
17 years$44,566$37,300$31,055$25,736$21,241$13,092
18 years$41,651$34,467$28,349$23,193$18,886$11,243
19 years$39,047$31,943$25,953$20,957$16,834$9,673
20 years$36,706$29,683$23,818$18,981$15,036$8,335
21 years$34,590$27,649$21,908$17,226$13,456$7,192
22 years$32,670$25,809$20,192$15,663$12,061$6,214
23 years$30,919$24,139$18,643$14,264$10,827$5,373
24 years$29,316$22,616$17,242$13,010$9,731$4,651
25 years$27,844$21,224$15,970$11,881$8,757$4,028
26 years$26,487$19,948$14,811$10,864$7,888$3,491
27 years$25,233$18,773$13,753$9,944$7,112$3,028
28 years$24,071$17,690$12,785$9,111$6,417$2,627
29 years$22,991$16,688$11,898$8,355$5,794$2,280
30 years$21,984$15,760$11,082$7,667$5,235$1,980
31 years$21,044$14,899$10,332$7,042$4,733$1,720
32 years$20,165$14,097$9,640$6,472$4,282$1,494
33 years$19,341$13,350$9,001$5,951$3,875$1,298
34 years$18,567$12,653$8,410$5,476$3,508$1,128
35 years$17,839$12,001$7,863$5,041$3,178$981
36 years$17,153$11,391$7,355$4,642$2,879$853
37 years$16,505$10,819$6,884$4,277$2,609$742
38 years$15,893$10,282$6,447$3,942$2,366$645
39 years$15,314$9,777$6,040$3,635$2,145$561
40 years$14,765$9,302$5,661$3,353$1,946$488
41 years$14,245$8,854$5,309$3,093$1,765$424
42 years$13,750$8,433$4,980$2,855$1,602$369
43 years$13,280$8,035$4,673$2,635$1,454$321
44 years$12,832$7,659$4,386$2,433$1,320$279
45 years$12,405$7,303$4,118$2,247$1,198$243
46 years$11,998$6,967$3,868$2,076$1,088$212
47 years$11,610$6,649$3,634$1,918$988$184
48 years$11,239$6,347$3,415$1,772$897$160
49 years$10,884$6,061$3,210$1,638$815$139
50 years$10,545$5,790$3,018$1,514$740$121

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,800,000, adding $3,785 every year, while hoping to spend $47,151 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: 55/28/17 Blend
44$10,800,000$10,800,000$10,800,000$10,800,000
45$11,905,504$11,333,104$11,165,704$12,506,149
46$13,069,697$11,838,258$11,489,587$13,421,128
47$14,351,058$12,366,584$11,822,740$14,411,593
48$15,761,487$12,919,168$12,165,423$15,489,090
49$17,314,099$13,497,147$12,517,904$16,661,948
50$19,023,342$14,101,713$12,880,460$17,939,324
51$20,905,140$14,734,113$13,253,371$19,331,284
52$22,977,035$15,395,656$13,636,930$20,848,897
53$25,258,360$16,087,711$14,031,435$22,504,334
54$27,770,417$16,811,713$14,437,192$24,310,984
55$30,536,678$17,569,165$14,854,517$26,283,569
56$33,583,009$18,361,644$15,283,733$28,438,285
57$36,937,911$19,190,799$15,725,173$30,792,952
58$40,632,790$20,058,360$16,179,178$33,367,173
59$44,702,253$20,966,139$16,646,100$36,182,516
60$49,184,437$21,916,034$17,126,298$39,262,718
61$54,121,364$22,910,034$17,620,144$42,633,898
62$59,559,342$23,950,224$18,128,017$46,324,801
63$65,549,397$25,038,787$18,650,308$50,367,066
64$72,147,760$26,178,013$19,187,418$54,795,518
65$79,416,395$27,370,299$19,739,760$59,648,488
66$87,423,582$28,618,158$20,307,756$64,968,174
67$96,244,564$29,924,224$20,891,842$70,801,032
68$105,962,254$31,291,256$21,492,464$77,198,203
69$116,668,022$32,722,146$22,110,080$84,215,999
70$128,462,554$34,219,925$22,745,161$91,916,416
71$141,456,801$35,787,768$23,398,190$100,367,722
72$155,773,031$37,429,004$24,069,665$109,645,086
73$171,545,976$39,147,121$24,760,095$119,831,286
74$188,924,110$40,945,775$25,470,003$131,017,476
75$208,071,048$42,828,797$26,199,927$143,304,045
76$229,167,090$44,800,202$26,950,419$156,801,548
77$252,410,920$46,864,199$27,722,046$171,631,745
78$278,021,488$49,025,199$28,515,388$187,928,737
79$306,240,071$51,287,825$29,331,045$205,840,227
80$337,332,551$53,656,921$30,169,628$225,528,898
81$371,591,928$56,137,567$31,031,767$247,173,938
82$409,341,083$58,735,086$31,918,109$270,972,722
83$450,935,824$61,455,057$32,829,317$297,142,664
84$496,768,251$64,303,327$33,766,072$325,923,251
85$547,270,450$67,286,027$34,729,073$357,578,295
86$602,918,576$70,409,583$35,719,037$392,398,407
87$664,237,347$73,680,729$36,736,701$430,703,726
88$731,804,997$77,106,525$37,782,821$472,846,927
89$806,258,733$80,694,371$38,858,172$519,216,531
90$888,300,754$84,452,025$39,963,550$570,240,561
91$978,704,875$88,387,618$41,099,773$626,390,557
92$1,078,323,836$92,509,675$42,267,679$688,186,016
93$1,188,097,349$96,827,132$43,468,129$756,199,276
94$1,309,060,972$101,349,354$44,702,004$831,060,894
95$1,442,355,882$106,086,163$45,970,212$913,465,581
96$1,589,239,649$111,047,853$47,273,682$1,004,178,738
97$1,751,098,110$116,245,214$48,613,367$1,104,043,659
98$1,929,458,448$121,689,561$49,990,246$1,213,989,464
99$2,126,003,614$127,392,753$51,405,322$1,335,039,851
100$2,342,588,209$133,367,224$52,859,627$1,468,322,727