Can I retire at age 45 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$966,175$957,569$949,172$940,977$932,974$901,307
2 years$478,304$469,397$460,763$452,393$444,274$412,686
3 years$315,702$306,756$298,144$289,852$281,865$251,350
4 years$234,417$225,498$216,973$208,822$201,029$171,820
5 years$185,659$176,793$168,380$160,396$152,819$124,993
6 years$153,164$144,365$136,076$128,270$120,920$94,500
7 years$129,962$121,237$113,080$105,458$98,341$73,321
8 years$112,569$103,923$95,901$88,466$81,583$57,945
9 years$99,048$90,484$82,599$75,353$68,705$46,420
10 years$88,237$79,757$72,012$64,955$58,540$37,572
11 years$79,398$71,003$63,398$56,530$50,346$30,654
12 years$72,038$63,728$56,264$49,585$43,629$25,167
13 years$65,814$57,592$50,268$43,776$38,045$20,766
14 years$60,484$52,349$45,166$38,859$33,350$17,204
15 years$55,870$47,822$40,779$34,656$29,364$14,300
16 years$51,835$43,876$36,972$31,030$25,952$11,918
17 years$48,280$40,408$33,643$27,881$23,011$9,955
18 years$45,122$37,339$30,712$25,126$20,460$8,330
19 years$42,301$34,605$28,115$22,704$18,237$6,981
20 years$39,765$32,157$25,803$20,562$16,289$5,858
21 years$37,473$29,953$23,734$18,662$14,577$4,920
22 years$35,392$27,960$21,874$16,968$13,066$4,137
23 years$33,495$26,150$20,197$15,453$11,729$3,480
24 years$31,759$24,501$18,679$14,094$10,542$2,930
25 years$30,164$22,993$17,300$12,871$9,487$2,468
26 years$28,695$21,610$16,045$11,769$8,545$2,079
27 years$27,336$20,337$14,899$10,772$7,704$1,753
28 years$26,077$19,164$13,851$9,870$6,952$1,478
29 years$24,906$18,079$12,889$9,051$6,277$1,247
30 years$23,816$17,074$12,006$8,306$5,672$1,052
31 years$22,798$16,140$11,193$7,629$5,128$887
32 years$21,846$15,272$10,443$7,011$4,638$749
33 years$20,953$14,463$9,751$6,447$4,198$632
34 years$20,114$13,707$9,111$5,932$3,801$533
35 years$19,326$13,001$8,518$5,461$3,442$450
36 years$18,582$12,340$7,968$5,029$3,119$380
37 years$17,881$11,720$7,458$4,634$2,827$321
38 years$17,218$11,138$6,984$4,271$2,563$271
39 years$16,590$10,592$6,543$3,938$2,324$229
40 years$15,996$10,077$6,133$3,632$2,108$193
41 years$15,432$9,592$5,751$3,351$1,912$163
42 years$14,896$9,135$5,395$3,093$1,735$138
43 years$14,386$8,704$5,062$2,855$1,575$116
44 years$13,901$8,297$4,752$2,636$1,430$98
45 years$13,439$7,912$4,462$2,435$1,298$83
46 years$12,998$7,548$4,190$2,249$1,178$70
47 years$12,578$7,203$3,937$2,078$1,070$59
48 years$12,176$6,876$3,700$1,920$972$50
49 years$11,791$6,566$3,477$1,774$883$42
50 years$11,423$6,272$3,269$1,640$802$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,700,000, adding $6,484 every year, while hoping to spend $48,619 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: 60/32/8 Blend
44$11,700,000$11,700,000$11,700,000$11,700,000
45$12,900,088$12,279,988$12,098,638$13,651,468
46$14,164,167$12,829,977$12,452,212$14,705,779
47$15,555,552$13,405,287$12,816,002$15,849,090
48$17,087,178$14,007,105$13,190,297$17,094,900
49$18,773,296$14,636,679$13,575,398$18,453,074
50$20,629,609$15,295,313$13,971,611$19,934,461
51$22,673,422$15,984,376$14,379,252$21,550,985
52$24,923,801$16,705,300$14,798,647$23,315,762
53$27,401,755$17,459,587$15,230,129$25,243,215
54$30,130,437$18,248,809$15,674,040$27,349,209
55$33,135,355$19,074,615$16,130,735$29,651,193
56$36,444,621$19,938,731$16,600,574$32,168,364
57$40,089,210$20,842,966$17,083,931$34,921,841
58$44,103,255$21,789,217$17,581,188$37,934,861
59$48,524,369$22,779,470$18,092,740$41,232,993
60$53,393,998$23,815,807$18,618,989$44,844,373
61$58,757,813$24,900,409$19,160,353$48,799,967
62$64,666,142$26,035,562$19,717,257$53,133,854
63$71,174,445$27,223,661$20,290,142$57,883,543
64$78,343,834$28,467,215$20,879,457$63,090,324
65$86,241,652$29,768,857$21,485,666$68,799,644
66$94,942,111$31,131,341$22,109,246$75,061,538
67$104,526,987$32,557,557$22,750,686$81,931,085
68$115,086,394$34,050,532$23,410,489$89,468,928
69$126,719,637$35,613,439$24,089,171$97,741,835
70$139,536,145$37,249,603$24,787,264$106,823,321
71$153,656,508$38,962,508$25,505,313$116,794,333
72$169,213,608$40,755,808$26,243,878$127,744,010
73$186,353,884$42,633,330$27,003,535$139,770,505
74$205,238,703$44,599,086$27,784,876$152,981,913
75$226,045,890$46,657,281$28,588,509$167,497,273
76$248,971,405$48,812,322$29,415,058$183,447,685
77$274,231,190$51,068,828$30,265,164$200,977,535
78$302,063,212$53,431,641$31,139,488$220,245,845
79$332,729,704$55,905,835$32,038,705$241,427,764
80$366,519,643$58,496,731$32,963,511$264,716,208
81$403,751,479$61,209,903$33,914,621$290,323,665
82$444,776,137$64,051,195$34,892,768$318,484,191
83$489,980,334$67,026,734$35,898,706$349,455,602
84$539,790,225$70,142,941$36,933,210$383,521,891
85$594,675,429$73,406,547$37,997,074$420,995,897
86$655,153,463$76,824,608$39,091,116$462,222,238
87$721,794,622$80,404,519$40,216,174$507,580,545
88$795,227,368$84,154,035$41,373,110$557,489,031
89$876,144,258$88,081,282$42,562,809$612,408,419
90$965,308,489$92,194,781$43,786,179$672,846,268
91$1,063,561,092$96,503,463$45,044,154$739,361,745
92$1,171,828,882$101,016,691$46,337,691$812,570,881
93$1,291,133,201$105,744,281$47,667,776$893,152,365
94$1,422,599,559$110,696,523$49,035,419$981,853,923
95$1,567,468,266$115,884,204$50,441,657$1,079,499,355
96$1,727,106,132$121,318,633$51,887,555$1,186,996,281
97$1,903,019,378$127,011,667$53,374,209$1,305,344,684
98$2,096,867,850$132,975,734$54,902,741$1,435,646,322
99$2,310,480,692$139,223,866$56,474,304$1,579,115,093
100$2,545,873,612$145,769,725$58,090,082$1,737,088,469