Can I retire at age 45 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$941,401$933,016$924,835$916,849$909,052$896,578
2 years$466,040$457,361$448,949$440,793$432,882$420,337
3 years$307,607$298,890$290,500$282,420$274,638$262,411
4 years$228,406$219,716$211,409$203,468$195,874$184,060
5 years$180,898$172,260$164,062$156,283$148,900$137,534
6 years$149,236$140,663$132,587$124,981$117,820$106,914
7 years$126,630$118,129$110,180$102,754$95,819$85,378
8 years$109,682$101,258$93,442$86,197$79,491$69,513
9 years$96,508$88,163$80,481$73,421$66,943$57,423
10 years$85,975$77,712$70,165$63,290$57,039$47,971
11 years$77,362$69,182$61,772$55,081$49,055$40,430
12 years$70,191$62,094$54,821$48,313$42,510$34,319
13 years$64,127$56,115$48,979$42,653$37,070$29,300
14 years$58,934$51,007$44,008$37,863$32,495$25,136
15 years$54,437$46,596$39,733$33,767$28,611$21,649
16 years$50,506$42,751$36,024$30,235$25,287$18,709
17 years$47,042$39,372$32,781$27,166$22,421$16,214
18 years$43,965$36,381$29,924$24,482$19,936$14,086
19 years$41,216$33,718$27,394$22,121$17,769$12,263
20 years$38,745$31,332$25,141$20,035$15,872$10,694
21 years$36,512$29,185$23,125$18,183$14,203$9,340
22 years$34,485$27,243$21,313$16,533$12,731$8,169
23 years$32,637$25,480$19,679$15,057$11,428$7,152
24 years$30,945$23,873$18,200$13,733$10,272$6,269
25 years$29,391$22,404$16,857$12,541$9,243$5,499
26 years$27,959$21,056$15,634$11,467$8,326$4,827
27 years$26,635$19,816$14,517$10,496$7,507$4,240
28 years$25,408$18,672$13,496$9,617$6,773$3,727
29 years$24,268$17,615$12,559$8,819$6,116$3,278
30 years$23,205$16,636$11,698$8,093$5,526$2,883
31 years$22,214$15,726$10,906$7,433$4,996$2,538
32 years$21,286$14,880$10,175$6,831$4,520$2,234
33 years$20,416$14,092$9,501$6,282$4,090$1,968
34 years$19,599$13,356$8,877$5,780$3,703$1,733
35 years$18,830$12,668$8,299$5,321$3,354$1,527
36 years$18,106$12,024$7,764$4,900$3,039$1,346
37 years$17,422$11,420$7,267$4,515$2,754$1,186
38 years$16,776$10,853$6,805$4,162$2,497$1,046
39 years$16,165$10,320$6,376$3,837$2,264$922
40 years$15,586$9,819$5,976$3,539$2,054$813
41 years$15,036$9,346$5,603$3,265$1,863$717
42 years$14,514$8,901$5,256$3,014$1,691$633
43 years$14,017$8,481$4,932$2,782$1,535$558
44 years$13,545$8,084$4,630$2,569$1,393$492
45 years$13,095$7,709$4,347$2,372$1,264$434
46 years$12,665$7,354$4,083$2,191$1,148$383
47 years$12,255$7,018$3,836$2,024$1,043$338
48 years$11,863$6,700$3,605$1,871$947$298
49 years$11,489$6,398$3,388$1,729$860$263
50 years$11,130$6,111$3,185$1,598$781$232

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,400,000, adding $4,471 every year, while hoping to spend $42,588 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: 49/44/7 Blend
44$11,400,000$11,400,000$11,400,000$11,400,000
45$12,567,412$11,963,212$11,786,512$13,160,246
46$13,803,975$12,504,096$12,136,047$14,106,591
47$15,165,239$13,070,056$12,495,864$15,129,008
48$16,663,881$13,662,276$12,866,262$16,238,494
49$18,313,865$14,281,995$13,247,550$17,443,187
50$20,130,581$14,930,515$13,640,045$18,752,019
51$22,130,986$15,609,196$14,044,072$20,174,798
52$24,333,765$16,319,466$14,459,968$21,722,298
53$26,759,509$17,062,819$14,888,076$23,406,352
54$29,430,905$17,840,824$15,328,753$25,239,960
55$32,372,955$18,655,121$15,782,363$27,237,407
56$35,613,206$19,507,432$16,249,282$29,414,389
57$39,182,017$20,399,560$16,729,897$31,788,160
58$43,112,839$21,333,394$17,224,605$34,377,684
59$47,442,533$22,310,916$17,733,814$37,203,808
60$52,211,720$23,334,199$18,257,945$40,289,457
61$57,465,161$24,405,420$18,797,432$43,659,835
62$63,252,180$25,526,858$19,352,718$47,342,660
63$69,627,130$26,700,903$19,924,262$51,368,420
64$76,649,908$27,930,056$20,512,535$55,770,644
65$84,386,513$29,216,944$21,118,020$60,586,221
66$92,909,680$30,564,317$21,741,216$65,855,729
67$102,299,555$31,975,056$22,382,635$71,623,814
68$112,644,460$33,452,185$23,042,803$77,939,601
69$124,041,721$34,998,868$23,722,264$84,857,146
70$136,598,590$36,618,426$24,421,573$92,435,934
71$150,433,255$38,314,337$25,141,304$100,741,432
72$165,675,957$40,090,249$25,882,047$109,845,694
73$182,470,217$41,949,984$26,644,408$119,828,027
74$200,974,194$43,897,548$27,429,011$130,775,728
75$221,362,175$45,937,141$28,236,496$142,784,893
76$243,826,221$48,073,166$29,067,523$155,961,312
77$268,577,981$50,310,236$29,922,771$170,421,450
78$295,850,688$52,653,190$30,802,936$186,293,531
79$325,901,359$55,107,098$31,708,735$203,718,733
80$359,013,227$57,677,275$32,640,907$222,852,502
81$395,498,408$60,369,293$33,600,210$243,866,002
82$435,700,851$63,188,994$34,587,422$266,947,710
83$479,999,585$66,142,501$35,603,347$292,305,180
84$528,812,292$69,236,234$36,648,809$320,166,975
85$582,599,257$72,476,920$37,724,655$350,784,806
86$641,867,708$75,871,616$38,831,758$384,435,887
87$707,176,605$79,427,717$39,971,013$421,425,524
88$779,141,920$83,152,976$41,143,343$462,089,973
89$858,442,446$87,055,521$42,349,695$506,799,591
90$945,826,208$91,143,875$43,591,043$555,962,302
91$1,042,117,528$95,426,971$44,868,389$610,027,417
92$1,148,224,799$99,914,176$46,182,764$669,489,850
93$1,265,149,067$104,615,310$47,535,225$734,894,754
94$1,393,993,479$109,540,667$48,926,862$806,842,638
95$1,535,973,696$114,701,041$50,358,794$885,994,999
96$1,692,429,370$120,107,750$51,832,171$973,080,528
97$1,864,836,794$125,772,657$53,348,177$1,068,901,956
98$2,054,822,833$131,708,204$54,908,027$1,174,343,588
99$2,264,180,288$137,927,432$56,512,971$1,290,379,612
100$2,494,884,817$144,444,016$58,164,296$1,418,083,249