Can I retire at age 45 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$982,691$973,938$965,398$957,062$948,923$943,338
2 years$486,481$477,420$468,640$460,126$451,868$446,234
3 years$321,099$311,999$303,241$294,807$286,684$281,174
4 years$238,424$229,353$220,682$212,392$204,465$199,123
5 years$188,832$179,815$171,258$163,137$155,431$150,272
6 years$155,782$146,833$138,402$130,462$122,987$118,018
7 years$132,184$123,310$115,013$107,260$100,022$95,244
8 years$114,493$105,699$97,540$89,978$82,978$78,393
9 years$100,741$92,030$84,011$76,641$69,879$65,485
10 years$89,746$81,120$73,243$66,065$59,541$55,336
11 years$80,756$72,217$64,482$57,497$51,207$47,188
12 years$73,269$64,818$57,226$50,432$44,375$40,539
13 years$66,939$58,576$51,128$44,524$38,696$35,039
14 years$61,518$53,244$45,938$39,524$33,920$30,438
15 years$56,825$48,640$41,476$35,248$29,866$26,554
16 years$52,721$44,626$37,604$31,561$26,396$23,249
17 years$49,105$41,099$34,218$28,357$23,404$20,418
18 years$45,894$37,977$31,237$25,556$20,810$17,980
19 years$43,024$35,197$28,596$23,092$18,548$15,868
20 years$40,444$32,707$26,244$20,914$16,568$14,032
21 years$38,113$30,465$24,139$18,981$14,826$12,430
22 years$35,997$28,438$22,248$17,258$13,290$11,028
23 years$34,068$26,597$20,542$15,717$11,930$9,797
24 years$32,302$24,920$18,998$14,335$10,723$8,713
25 years$30,680$23,386$17,596$13,091$9,649$7,757
26 years$29,185$21,979$16,319$11,970$8,691$6,912
27 years$27,803$20,685$15,154$10,957$7,836$6,164
28 years$26,523$19,491$14,088$10,039$7,070$5,501
29 years$25,332$18,388$13,110$9,206$6,384$4,912
30 years$24,223$17,365$12,211$8,448$5,769$4,389
31 years$23,188$16,416$11,384$7,759$5,215$3,924
32 years$22,219$15,533$10,622$7,131$4,718$3,509
33 years$21,311$14,710$9,917$6,557$4,270$3,139
34 years$20,458$13,942$9,266$6,033$3,866$2,810
35 years$19,656$13,223$8,663$5,554$3,501$2,516
36 years$18,900$12,551$8,104$5,115$3,172$2,253
37 years$18,186$11,921$7,586$4,713$2,875$2,018
38 years$17,512$11,329$7,104$4,344$2,607$1,808
39 years$16,874$10,773$6,655$4,005$2,364$1,620
40 years$16,269$10,249$6,238$3,694$2,144$1,452
41 years$15,695$9,756$5,849$3,409$1,945$1,302
42 years$15,150$9,292$5,487$3,146$1,765$1,167
43 years$14,632$8,853$5,149$2,904$1,602$1,046
44 years$14,139$8,439$4,833$2,681$1,454$938
45 years$13,669$8,047$4,538$2,476$1,320$842
46 years$13,221$7,677$4,262$2,287$1,198$755
47 years$12,793$7,326$4,004$2,113$1,088$677
48 years$12,384$6,994$3,763$1,953$988$607
49 years$11,993$6,678$3,537$1,805$898$545
50 years$11,619$6,379$3,325$1,668$815$489

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $11,900,000, adding $4,341 every year, while hoping to spend $59,003 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: 32/46/22 Blend
44$11,900,000$11,900,000$11,900,000$11,900,000
45$13,118,278$12,487,578$12,303,128$13,448,867
46$14,393,563$13,036,690$12,652,504$14,247,197
47$15,796,951$13,610,732$13,011,606$15,100,859
48$17,341,443$14,210,862$13,380,699$16,019,143
49$19,041,370$14,838,294$13,760,052$17,007,752
50$20,912,520$15,494,300$14,149,944$18,072,928
51$22,972,288$16,180,211$14,550,657$19,221,515
52$25,239,842$16,897,423$14,962,486$20,461,011
53$27,736,306$17,647,396$15,385,729$21,799,638
54$30,484,952$18,431,661$15,820,693$23,246,411
55$33,511,425$19,251,821$16,267,695$24,811,219
56$36,843,984$20,109,554$16,727,056$26,504,912
57$40,513,767$21,006,619$17,199,110$28,339,394
58$44,555,088$21,944,859$17,684,196$30,327,731
59$49,005,753$22,926,204$18,182,663$32,484,268
60$53,907,427$23,952,675$18,694,869$34,824,753
61$59,306,019$25,026,390$19,221,182$37,366,482
62$65,252,118$26,149,569$19,761,977$40,128,450
63$71,801,471$27,324,535$20,317,640$43,131,527
64$79,015,508$28,553,724$20,888,568$46,398,639
65$86,961,921$29,839,687$21,475,166$49,954,982
66$95,715,303$31,185,098$22,077,850$53,828,244
67$105,357,853$32,592,757$22,697,047$58,048,861
68$115,980,150$34,065,598$23,333,194$62,650,291
69$127,682,008$35,606,696$23,986,739$67,669,317
70$140,573,421$37,219,271$24,658,143$73,146,387
71$154,775,595$38,906,701$25,347,876$79,125,978
72$170,422,097$40,672,520$26,056,421$85,657,010
73$187,660,113$42,520,436$26,784,273$92,793,286
74$206,651,838$44,454,331$27,531,939$100,593,992
75$227,576,006$46,478,273$28,299,940$109,124,239
76$250,629,578$48,596,528$29,088,808$118,455,662
77$276,029,601$50,813,564$29,899,088$128,667,081
78$304,015,253$53,134,062$30,731,341$139,845,228
79$334,850,107$55,562,929$31,586,139$152,085,546
80$368,824,613$58,105,308$32,464,070$165,493,074
81$406,258,843$60,766,586$33,365,735$180,183,421
82$447,505,508$63,552,413$34,291,751$196,283,832
83$492,953,294$66,468,705$35,242,748$213,934,373
84$543,030,523$69,521,665$36,219,374$233,289,228
85$598,209,204$72,717,794$37,222,290$254,518,133
86$659,009,482$76,063,905$38,252,176$277,807,955
87$726,004,551$79,567,138$39,309,726$303,364,429
88$799,826,064$83,234,976$40,395,650$331,414,074
89$881,170,096$87,075,264$41,510,678$362,206,305
90$970,803,716$91,096,222$42,655,556$396,015,757
91$1,069,572,224$95,306,466$43,831,046$433,144,850
92$1,178,407,136$99,715,027$45,037,931$473,926,610
93$1,298,334,972$104,331,373$46,277,010$518,727,778
94$1,430,486,953$109,165,424$47,549,104$567,952,243
95$1,576,109,673$114,227,580$48,855,050$622,044,813
96$1,736,576,872$119,528,744$50,195,706$681,495,380
97$1,913,402,401$125,080,340$51,571,950$746,843,502
98$2,108,254,517$130,894,348$52,984,682$818,683,458
99$2,322,971,629$136,983,322$54,434,819$897,669,811
100$2,559,579,653$143,360,423$55,923,304$984,523,548