Can I retire at age 45 with 11,500,000?

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$949,659$941,200$932,947$924,892$917,026$891,964
2 years$470,128$461,373$452,887$444,660$436,679$411,612
3 years$310,306$301,512$293,048$284,898$277,047$252,761
4 years$230,410$221,643$213,264$205,253$197,592$174,273
5 years$182,485$173,771$165,501$157,654$150,207$127,918
6 years$150,546$141,897$133,750$126,077$118,853$97,616
7 years$127,741$119,165$111,147$103,655$96,660$76,476
8 years$110,645$102,146$94,261$86,953$80,188$61,047
9 years$97,355$88,937$81,187$74,065$67,530$49,413
10 years$86,729$78,393$70,781$63,845$57,539$40,423
11 years$78,041$69,789$62,314$55,564$49,486$33,343
12 years$70,806$62,639$55,302$48,737$42,883$27,685
13 years$64,689$56,607$49,409$43,028$37,395$23,109
14 years$59,451$51,454$44,394$38,195$32,780$19,372
15 years$54,914$47,005$40,082$34,063$28,862$16,296
16 years$50,949$43,126$36,340$30,500$25,509$13,749
17 years$47,454$39,717$33,068$27,404$22,618$11,628
18 years$44,351$36,701$30,187$24,697$20,111$9,854
19 years$41,578$34,014$27,635$22,315$17,925$8,365
20 years$39,085$31,607$25,362$20,211$16,011$7,110
21 years$36,832$29,441$23,328$18,343$14,328$6,052
22 years$34,787$27,482$21,500$16,678$12,843$5,156
23 years$32,923$25,703$19,852$15,189$11,529$4,396
24 years$31,216$24,082$18,359$13,853$10,362$3,751
25 years$29,649$22,600$17,005$12,651$9,324$3,203
26 years$28,204$21,240$15,771$11,568$8,399$2,736
27 years$26,869$19,990$14,645$10,588$7,572$2,338
28 years$25,631$18,836$13,614$9,701$6,833$1,999
29 years$24,481$17,770$12,669$8,896$6,170$1,710
30 years$23,409$16,782$11,801$8,164$5,575$1,463
31 years$22,408$15,864$11,002$7,498$5,040$1,252
32 years$21,472$15,011$10,265$6,891$4,559$1,071
33 years$20,595$14,215$9,584$6,337$4,126$917
34 years$19,771$13,473$8,955$5,831$3,736$785
35 years$18,995$12,779$8,372$5,367$3,384$672
36 years$18,265$12,129$7,832$4,943$3,066$576
37 years$17,575$11,520$7,331$4,555$2,779$493
38 years$16,923$10,948$6,865$4,198$2,519$422
39 years$16,307$10,410$6,432$3,871$2,284$362
40 years$15,722$9,905$6,028$3,570$2,072$310
41 years$15,168$9,428$5,653$3,294$1,880$265
42 years$14,641$8,979$5,302$3,040$1,706$227
43 years$14,140$8,555$4,976$2,806$1,548$195
44 years$13,664$8,155$4,670$2,591$1,405$167
45 years$13,209$7,777$4,385$2,393$1,276$143
46 years$12,776$7,419$4,119$2,210$1,158$123
47 years$12,363$7,080$3,870$2,042$1,052$105
48 years$11,967$6,758$3,636$1,887$955$90
49 years$11,590$6,454$3,418$1,744$867$77
50 years$11,228$6,165$3,213$1,612$788$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,500,000, adding $4,086 every year, while hoping to spend $24,273 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: 50/27/23 Blend
44$11,500,000$11,500,000$11,500,000$11,500,000
45$12,677,215$12,067,715$11,889,465$13,228,966
46$13,944,464$12,633,206$12,261,935$14,178,084
47$15,340,160$13,225,594$12,646,071$15,206,264
48$16,877,377$13,846,169$13,042,235$16,323,266
49$18,570,525$14,496,287$13,450,805$17,537,505
50$20,435,481$15,177,367$13,872,170$18,858,223
51$22,489,742$15,890,900$14,306,729$20,295,578
52$24,752,587$16,638,446$14,754,896$21,860,733
53$27,245,263$17,421,641$15,217,097$23,565,960
54$29,991,181$18,242,202$15,693,771$25,424,748
55$33,016,139$19,101,929$16,185,370$27,451,931
56$36,348,568$20,002,706$16,692,363$29,663,819
57$40,019,796$20,946,512$17,215,231$32,078,348
58$44,064,344$21,935,420$17,754,470$34,715,245
59$48,520,256$22,971,605$18,310,594$37,596,209
60$53,429,454$24,057,345$18,884,130$40,745,111
61$58,838,134$25,195,030$19,475,624$44,188,212
62$64,797,204$26,387,167$20,085,637$47,954,404
63$71,362,762$27,636,382$20,714,750$52,075,482
64$78,596,629$28,945,430$21,363,560$56,586,429
65$86,566,929$30,317,200$22,032,683$61,525,747
66$95,348,734$31,754,720$22,722,755$66,935,809
67$105,024,769$33,261,166$23,434,432$72,863,253
68$115,686,200$34,839,868$24,168,390$79,359,414
69$127,433,487$36,494,316$24,925,325$86,480,802
70$140,377,337$38,228,172$25,705,958$94,289,623
71$154,639,747$40,045,274$26,511,030$102,854,362
72$170,355,157$41,949,648$27,341,305$112,250,416
73$187,671,716$43,945,514$28,197,572$122,560,800
74$206,752,685$46,037,298$29,080,644$133,876,916
75$227,777,974$48,229,641$29,991,361$146,299,409
76$250,945,843$50,527,409$30,930,587$159,939,104
77$276,474,772$52,935,705$31,899,215$174,918,041
78$304,605,524$55,459,879$32,898,163$191,370,615
79$335,603,417$58,105,544$33,928,382$209,444,832
80$369,760,832$60,878,581$34,990,849$229,303,692
81$407,399,968$63,785,163$36,086,574$251,126,714
82$448,875,887$66,831,758$37,216,596$275,111,618
83$494,579,865$70,025,152$38,381,990$301,476,173
84$544,943,086$73,372,459$39,583,861$330,460,241
85$600,440,712$76,881,141$40,823,351$362,328,020
86$661,596,369$80,559,021$42,101,638$397,370,524
87$728,987,090$84,414,304$43,419,934$435,908,311
88$803,248,763$88,455,595$44,779,492$478,294,490
89$885,082,134$92,691,916$46,181,602$524,918,035
90$975,259,421$97,132,730$47,627,596$576,207,434
91$1,074,631,608$101,787,960$49,118,846$632,634,716
92$1,184,136,473$106,668,011$50,656,768$694,719,882
93$1,304,807,446$111,783,796$52,242,823$763,035,789
94$1,437,783,364$117,146,760$53,878,515$838,213,535
95$1,584,319,220$122,768,905$55,565,399$920,948,392
96$1,745,798,015$128,662,816$57,305,074$1,012,006,338
97$1,923,743,812$134,841,693$59,099,193$1,112,231,262
98$2,119,836,123$141,319,379$60,949,459$1,222,552,902
99$2,335,925,770$148,110,390$62,857,628$1,343,995,590
100$2,574,052,350$155,229,951$64,825,510$1,477,687,888