Can I retire at age 45 with 10,900,000?

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$900,112$892,094$884,272$876,637$869,181$863,342
2 years$445,600$437,301$429,258$421,460$413,896$408,006
3 years$294,116$285,781$277,758$270,033$262,593$256,836
4 years$218,389$210,079$202,137$194,544$187,283$181,703
5 years$172,964$164,705$156,867$149,428$142,370$136,983
6 years$142,691$134,494$126,772$119,499$112,652$107,466
7 years$121,076$112,948$105,348$98,247$91,616$86,633
8 years$104,872$96,817$89,343$82,417$76,005$71,224
9 years$92,275$84,297$76,951$70,201$64,007$59,428
10 years$82,204$74,303$67,088$60,514$54,537$50,157
11 years$73,969$66,148$59,063$52,665$46,904$42,720
12 years$67,112$59,371$52,417$46,194$40,646$36,654
13 years$61,314$53,654$46,831$40,783$35,444$31,640
14 years$56,349$48,770$42,078$36,202$31,070$27,450
15 years$52,049$44,552$37,991$32,286$27,356$23,916
16 years$48,291$40,876$34,444$28,909$24,178$20,911
17 years$44,978$37,645$31,343$25,974$21,438$18,339
18 years$42,037$34,786$28,612$23,408$19,061$16,126
19 years$39,408$32,239$26,193$21,151$16,990$14,212
20 years$37,046$29,958$24,039$19,156$15,176$12,550
21 years$34,911$27,905$22,111$17,386$13,580$11,101
22 years$32,972$26,048$20,379$15,808$12,173$9,833
23 years$31,205$24,362$18,816$14,396$10,927$8,722
24 years$29,588$22,826$17,402$13,130$9,822$7,746
25 years$28,102$21,421$16,117$11,991$8,838$6,885
26 years$26,733$20,132$14,948$10,964$7,961$6,126
27 years$25,467$18,947$13,881$10,036$7,177$5,454
28 years$24,294$17,853$12,904$9,195$6,476$4,860
29 years$23,203$16,843$12,008$8,432$5,848$4,333
30 years$22,188$15,906$11,185$7,738$5,284$3,865
31 years$21,239$15,037$10,428$7,107$4,777$3,450
32 years$20,352$14,228$9,729$6,532$4,321$3,080
33 years$19,520$13,474$9,084$6,006$3,911$2,751
34 years$18,739$12,770$8,488$5,526$3,541$2,458
35 years$18,004$12,112$7,935$5,087$3,207$2,197
36 years$17,312$11,496$7,423$4,685$2,906$1,964
37 years$16,658$10,919$6,948$4,317$2,634$1,756
38 years$16,041$10,377$6,507$3,979$2,388$1,571
39 years$15,456$9,867$6,096$3,669$2,165$1,405
40 years$14,902$9,388$5,714$3,384$1,964$1,257
41 years$14,376$8,936$5,358$3,122$1,782$1,125
42 years$13,877$8,511$5,026$2,881$1,617$1,007
43 years$13,403$8,109$4,716$2,660$1,467$902
44 years$12,951$7,730$4,427$2,456$1,332$807
45 years$12,520$7,371$4,157$2,268$1,209$723
46 years$12,110$7,032$3,904$2,095$1,098$647
47 years$11,718$6,710$3,668$1,936$997$579
48 years$11,343$6,406$3,447$1,789$905$519
49 years$10,985$6,117$3,240$1,653$822$465
50 years$10,642$5,843$3,046$1,528$747$416

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $10,900,000, adding $3,197 every year, while hoping to spend $49,012 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: 59/22/19 Blend
44$10,900,000$10,900,000$10,900,000$10,900,000
45$12,015,098$11,437,398$11,268,448$12,663,973
46$13,188,489$11,945,682$11,593,792$13,612,364
47$14,479,924$12,477,229$11,928,393$14,640,530
48$15,901,391$13,033,128$12,272,509$15,760,733
49$17,466,100$13,614,518$12,626,405$16,981,877
50$19,188,606$14,222,593$12,990,353$18,313,753
51$21,084,948$14,858,604$13,364,634$19,767,135
52$23,172,798$15,523,862$13,749,536$21,353,871
53$25,471,631$16,219,739$14,145,352$23,086,999
54$28,002,904$16,947,672$14,552,388$24,980,859
55$30,790,261$17,709,169$14,970,954$27,051,236
56$33,859,757$18,505,808$15,401,371$29,315,496
57$37,240,102$19,339,243$15,843,966$31,792,752
58$40,962,932$20,211,204$16,299,078$34,504,040
59$45,063,107$21,123,509$16,767,053$37,472,511
60$49,579,041$22,078,059$17,248,247$40,723,652
61$54,553,064$23,076,845$17,743,025$44,285,516
62$60,031,823$24,121,956$18,251,762$48,188,986
63$66,066,716$25,215,580$18,774,843$52,468,063
64$72,714,386$26,360,008$19,312,665$57,160,181
65$80,037,247$27,557,642$19,865,633$62,306,554
66$88,104,079$28,810,999$20,434,165$67,952,565
67$96,990,673$30,122,716$21,018,687$74,148,185
68$106,780,550$31,495,557$21,619,641$80,948,441
69$117,565,743$32,932,417$22,237,477$88,413,929
70$129,447,674$34,436,330$22,872,657$96,611,383
71$142,538,104$36,010,478$23,525,659$105,614,294
72$156,960,192$37,658,192$24,196,969$115,503,604
73$172,849,652$39,382,964$24,887,088$126,368,457
74$190,356,043$41,188,456$25,596,532$138,307,037
75$209,644,171$43,078,502$26,325,828$151,427,487
76$230,895,650$45,057,122$27,075,517$165,848,925
77$254,310,615$47,128,530$27,846,155$181,702,555
78$280,109,610$49,297,140$28,638,313$199,132,902
79$308,535,671$51,567,580$29,452,577$218,299,166
80$339,856,619$53,944,701$30,289,548$239,376,717
81$374,367,588$56,433,586$31,149,842$262,558,740
82$412,393,812$59,039,562$32,034,092$288,058,049
83$454,293,695$61,768,213$32,942,947$316,109,088
84$500,462,190$64,625,394$33,877,074$346,970,130
85$551,334,533$67,617,239$34,837,157$380,925,708
86$607,390,350$70,750,177$35,823,895$418,289,285
87$669,158,180$74,030,950$36,838,010$459,406,205
88$737,220,470$77,466,623$37,880,239$504,656,940
89$812,219,070$81,064,600$38,951,340$554,460,665
90$894,861,295$84,832,645$40,052,089$609,279,206
91$985,926,596$88,778,894$41,183,284$669,621,384
92$1,086,273,926$92,911,877$42,345,741$736,047,799
93$1,196,849,843$97,240,534$43,540,299$809,176,115
94$1,318,697,446$101,774,240$44,767,818$889,686,865
95$1,452,966,225$106,522,817$46,029,180$978,329,867
96$1,600,922,912$111,496,567$47,325,289$1,075,931,279
97$1,763,963,436$116,706,286$48,657,073$1,183,401,380
98$1,943,626,104$122,163,292$50,025,483$1,301,743,147
99$2,141,606,125$127,879,451$51,431,495$1,432,061,701
100$2,359,771,607$133,867,201$52,876,107$1,575,574,716