Can I retire at age 45 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$908,370$900,278$892,384$884,679$877,155$871,627
2 years$449,688$441,313$433,196$425,327$417,693$412,117
3 years$296,814$288,403$280,307$272,511$265,002$259,550
4 years$220,392$212,007$203,991$196,329$189,001$183,716
5 years$174,551$166,216$158,306$150,799$143,676$138,573
6 years$144,000$135,728$127,935$120,595$113,686$108,771
7 years$122,187$113,984$106,314$99,148$92,457$87,734
8 years$105,834$97,705$90,163$83,173$76,702$72,170
9 years$93,122$85,070$77,657$70,845$64,594$60,252
10 years$82,958$74,985$67,703$61,069$55,037$50,883
11 years$74,648$66,755$59,605$53,148$47,334$43,365
12 years$67,728$59,915$52,898$46,618$41,019$37,231
13 years$61,877$54,146$47,261$41,157$35,769$32,159
14 years$56,866$49,217$42,464$36,534$31,355$27,918
15 years$52,527$44,961$38,339$32,582$27,607$24,340
16 years$48,734$41,251$34,760$29,174$24,400$21,296
17 years$45,391$37,990$31,630$26,213$21,634$18,690
18 years$42,423$35,105$28,874$23,623$19,236$16,446
19 years$39,770$32,535$26,433$21,345$17,146$14,504
20 years$37,386$30,233$24,259$19,332$15,315$12,817
21 years$35,231$28,161$22,314$17,545$13,705$11,346
22 years$33,275$26,287$20,566$15,953$12,285$10,058
23 years$31,491$24,586$18,989$14,528$11,027$8,928
24 years$29,859$23,035$17,561$13,251$9,912$7,934
25 years$28,360$21,617$16,265$12,101$8,919$7,058
26 years$26,978$20,317$15,085$11,065$8,034$6,285
27 years$25,701$19,121$14,008$10,128$7,243$5,600
28 years$24,517$18,017$13,022$9,279$6,536$4,994
29 years$23,416$16,997$12,118$8,509$5,902$4,456
30 years$22,391$16,052$11,288$7,809$5,332$3,978
31 years$21,434$15,175$10,523$7,172$4,821$3,553
32 years$20,539$14,358$9,818$6,592$4,361$3,175
33 years$19,699$13,597$9,167$6,061$3,947$2,838
34 years$18,911$12,887$8,565$5,577$3,573$2,538
35 years$18,169$12,223$8,008$5,134$3,236$2,271
36 years$17,471$11,602$7,491$4,728$2,932$2,032
37 years$16,811$11,019$7,012$4,357$2,658$1,818
38 years$16,188$10,472$6,566$4,016$2,409$1,628
39 years$15,598$9,958$6,152$3,702$2,185$1,457
40 years$15,039$9,474$5,766$3,415$1,982$1,305
41 years$14,508$9,018$5,407$3,151$1,798$1,169
42 years$14,005$8,589$5,072$2,908$1,632$1,047
43 years$13,526$8,183$4,759$2,684$1,481$938
44 years$13,070$7,801$4,467$2,478$1,344$841
45 years$12,635$7,439$4,195$2,289$1,220$753
46 years$12,221$7,096$3,940$2,114$1,108$675
47 years$11,825$6,772$3,701$1,953$1,006$605
48 years$11,447$6,465$3,478$1,805$914$542
49 years$11,086$6,173$3,269$1,668$830$486
50 years$10,740$5,897$3,074$1,542$754$436

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,000,000, adding $5,459 every year, while hoping to spend $50,402 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: 70/16/14 Blend
44$11,000,000$11,000,000$11,000,000$11,000,000
45$12,127,631$11,544,631$11,374,131$12,938,156
46$13,311,022$12,056,691$11,701,537$13,989,314
47$14,613,430$12,592,152$12,038,222$15,132,719
48$16,046,940$13,152,108$12,384,443$16,382,754
49$17,624,872$13,737,705$12,740,466$17,749,920
50$19,361,898$14,350,142$13,106,561$19,245,780
51$21,274,189$14,990,676$13,483,008$20,883,057
52$23,379,561$15,660,624$13,870,093$22,675,758
53$25,697,646$16,361,364$14,268,111$24,639,301
54$28,250,077$17,094,342$14,677,364$26,790,660
55$31,060,691$17,861,071$15,098,162$29,148,522
56$34,155,754$18,663,136$15,530,823$31,733,462
57$37,564,211$19,502,200$15,975,675$34,568,133
58$41,317,953$20,380,001$16,433,053$37,677,477
59$45,452,127$21,298,363$16,903,303$41,088,963
60$50,005,458$22,259,197$17,386,778$44,832,835
61$55,020,622$23,264,504$17,883,841$48,942,402
62$60,544,642$24,316,382$18,394,867$53,454,344
63$66,629,337$25,417,026$18,920,237$58,409,059
64$73,331,809$26,568,741$19,460,345$63,851,038
65$80,714,982$27,773,937$20,015,594$69,829,284
66$88,848,192$29,035,142$20,586,399$76,397,769
67$97,807,850$30,355,006$21,173,185$83,615,940
68$107,678,152$31,736,302$21,776,388$91,549,278
69$118,551,883$33,181,941$22,396,456$100,269,908
70$130,531,287$34,694,968$23,033,850$109,857,280
71$143,729,034$36,278,577$23,689,040$120,398,913
72$158,269,283$37,936,115$24,362,511$131,991,215
73$174,288,855$39,671,089$25,054,759$144,740,390
74$191,938,520$41,487,175$25,766,295$158,763,433
75$211,384,425$43,388,222$26,497,642$174,189,232
76$232,809,660$45,378,269$27,249,337$191,159,779
77$256,415,986$47,461,545$28,021,930$209,831,502
78$282,425,738$49,642,483$28,815,987$230,376,737
79$311,083,929$51,925,729$29,632,088$252,985,349
80$342,660,553$54,316,154$30,470,827$277,866,518
81$377,453,145$56,818,860$31,332,815$305,250,705
82$415,789,579$59,439,198$32,218,677$335,391,823
83$458,031,170$62,182,773$33,129,057$368,569,624
84$504,576,082$65,055,461$34,064,613$405,092,333
85$555,863,085$68,063,421$35,026,020$445,299,550
86$612,375,700$71,213,109$36,013,972$489,565,447
87$674,646,761$74,511,291$37,029,180$538,302,291
88$743,263,446$77,965,060$38,072,372$591,964,327
89$818,872,818$81,581,848$39,144,297$651,052,057
90$902,187,935$85,369,449$40,245,722$716,116,953
91$993,994,583$89,336,030$41,377,431$787,766,654
92$1,095,158,688$93,490,153$42,540,233$866,670,691
93$1,206,634,497$97,840,793$43,734,953$953,566,796
94$1,329,473,581$102,397,358$44,962,440$1,049,267,853
95$1,464,834,766$107,169,708$46,223,562$1,154,669,563
96$1,613,995,071$112,168,183$47,519,210$1,270,758,881
97$1,778,361,763$117,403,618$48,850,298$1,398,623,326
98$1,959,485,642$122,887,374$50,217,762$1,539,461,228
99$2,159,075,682$128,631,361$51,622,561$1,694,593,027
100$2,379,015,165$134,648,061$53,065,681$1,865,473,726