Can I retire at age 45 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$916,628$908,463$900,497$892,722$885,130$876,616
2 years$453,776$445,325$437,134$429,193$421,490$412,914
3 years$299,512$291,025$282,855$274,988$267,411$259,037
4 years$222,396$213,934$205,846$198,114$190,720$182,614
5 years$176,138$167,727$159,745$152,170$144,982$137,168
6 years$145,309$136,962$129,098$121,692$114,719$107,206
7 years$123,297$115,020$107,281$100,049$93,298$86,089
8 years$106,796$98,593$90,983$83,929$77,399$70,495
9 years$93,968$85,843$78,363$71,489$65,181$58,579
10 years$83,712$75,667$68,319$61,624$55,538$49,233
11 years$75,327$67,362$60,147$53,631$47,764$41,753
12 years$68,343$60,460$53,379$47,042$41,392$35,667
13 years$62,439$54,638$47,690$41,531$36,094$30,650
14 years$57,383$49,665$42,850$36,867$31,640$26,469
15 years$53,004$45,370$38,688$32,879$27,858$22,953
16 years$49,177$41,626$35,076$29,439$24,621$19,973
17 years$45,804$38,336$31,918$26,451$21,831$17,432
18 years$42,808$35,424$29,137$23,838$19,411$15,252
19 years$40,132$32,831$26,673$21,539$17,302$13,375
20 years$37,725$30,508$24,480$19,508$15,454$11,750
21 years$35,551$28,417$22,517$17,705$13,830$10,340
22 years$33,577$26,526$20,752$16,098$12,396$9,112
23 years$31,778$24,809$19,161$14,660$11,128$8,039
24 years$30,131$23,245$17,721$13,371$10,002$7,101
25 years$28,618$21,814$16,413$12,211$9,000$6,278
26 years$27,223$20,502$15,222$11,165$8,107$5,555
27 years$25,934$19,294$14,135$10,220$7,309$4,919
28 years$24,739$18,181$13,141$9,364$6,595$4,358
29 years$23,629$17,152$12,228$8,587$5,955$3,864
30 years$22,595$16,198$11,390$7,880$5,381$3,427
31 years$21,629$15,312$10,619$7,238$4,865$3,041
32 years$20,726$14,489$9,908$6,652$4,401$2,700
33 years$19,878$13,721$9,251$6,117$3,983$2,397
34 years$19,083$13,004$8,643$5,628$3,606$2,130
35 years$18,335$12,334$8,081$5,181$3,266$1,892
36 years$17,629$11,707$7,560$4,771$2,959$1,682
37 years$16,964$11,119$7,076$4,396$2,682$1,495
38 years$16,335$10,567$6,626$4,052$2,431$1,329
39 years$15,740$10,048$6,208$3,736$2,205$1,182
40 years$15,175$9,560$5,819$3,446$2,000$1,051
41 years$14,640$9,100$5,456$3,179$1,814$935
42 years$14,132$8,667$5,118$2,934$1,646$832
43 years$13,649$8,258$4,802$2,709$1,494$740
44 years$13,188$7,871$4,508$2,501$1,356$659
45 years$12,750$7,506$4,233$2,310$1,231$586
46 years$12,332$7,161$3,976$2,134$1,118$522
47 years$11,933$6,833$3,735$1,971$1,015$464
48 years$11,551$6,523$3,510$1,821$922$413
49 years$11,186$6,229$3,299$1,683$837$368
50 years$10,837$5,951$3,102$1,556$760$327

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,100,000, adding $5,339 every year, while hoping to spend $48,206 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: 78/8/14 Blend
44$11,100,000$11,100,000$11,100,000$11,100,000
45$12,237,707$11,649,407$11,477,357$13,156,835
46$13,434,663$12,168,937$11,810,558$14,282,508
47$14,752,092$12,712,309$12,153,305$15,510,251
48$16,202,232$13,280,639$12,505,868$16,855,587
49$17,798,568$13,875,098$12,868,522$18,330,245
50$19,555,956$14,496,913$13,241,552$19,947,138
51$21,490,769$15,147,367$13,625,250$21,720,491
52$23,621,047$15,827,807$14,019,915$23,665,965
53$25,966,666$16,539,642$14,425,855$25,800,810
54$28,549,532$17,284,350$14,843,387$28,144,024
55$31,393,779$18,063,478$15,272,835$30,716,529
56$34,526,003$18,878,648$15,714,534$33,541,370
57$37,975,512$19,731,557$16,168,827$36,643,932
58$41,774,597$20,623,987$16,636,066$40,052,171
59$45,958,845$21,557,802$17,116,613$43,796,887
60$50,567,469$22,534,955$17,610,841$47,912,001
61$55,643,678$23,557,495$18,119,131$52,434,883
62$61,235,087$24,627,567$18,641,876$57,406,698
63$67,394,167$25,747,418$19,179,480$62,872,794
64$74,178,735$26,919,405$19,732,356$68,883,128
65$81,652,506$28,145,996$20,300,929$75,492,733
66$89,885,689$29,429,777$20,885,638$82,762,241
67$98,955,652$30,773,459$21,486,930$90,758,447
68$108,947,652$32,179,882$22,105,266$99,554,938
69$119,955,641$33,652,024$22,741,120$109,232,790
70$132,083,147$35,193,004$23,394,978$119,881,325
71$145,444,257$36,806,091$24,067,339$131,598,955
72$160,164,692$38,494,710$24,758,717$144,494,107
73$176,382,994$40,262,454$25,469,636$158,686,241
74$194,251,829$42,113,084$26,200,639$174,306,980
75$213,939,435$44,050,545$26,952,280$191,501,344
76$235,631,206$46,078,969$27,725,130$210,429,122
77$259,531,440$48,202,690$28,519,773$231,266,368
78$285,865,273$50,426,248$29,336,811$254,207,068
79$314,880,798$52,754,401$30,176,861$279,464,963
80$346,851,410$55,192,138$31,040,557$307,275,562
81$382,078,387$57,744,686$31,928,549$337,898,364
82$420,893,732$60,417,525$32,841,505$371,619,304
83$463,663,308$63,216,399$33,780,110$408,753,444
84$510,790,290$66,147,327$34,745,069$449,647,945
85$562,718,975$69,216,621$35,737,104$494,685,341
86$619,938,969$72,430,895$36,756,956$544,287,141
87$682,989,817$75,797,081$37,805,387$598,917,808
88$752,466,089$79,322,449$38,883,178$659,089,135
89$829,022,997$83,014,616$39,991,131$725,365,071
90$913,382,579$86,881,568$41,130,070$798,367,042
91$1,006,340,514$90,931,677$42,300,839$878,779,806
92$1,108,773,635$95,173,718$43,504,306$967,357,916
93$1,221,648,205$99,616,890$44,741,360$1,064,932,836
94$1,346,029,041$104,270,837$46,012,915$1,172,420,779
95$1,483,089,563$109,145,668$47,319,908$1,290,831,358
96$1,634,122,874$114,251,980$48,663,300$1,421,277,098
97$1,800,553,965$119,600,885$50,044,078$1,564,983,943
98$1,983,953,169$125,204,028$51,463,254$1,723,302,813
99$2,186,050,988$131,073,621$52,921,869$1,897,722,351
100$2,408,754,423$137,222,463$54,420,986$2,089,882,971