Can I retire at age 45 with 5,000,000?

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 $5,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$412,895$409,217$405,629$402,127$398,707$394,543
2 years$204,404$200,597$196,907$193,330$189,860$185,667
3 years$134,915$131,092$127,412$123,869$120,455$116,363
4 years$100,178$96,367$92,723$89,240$85,910$81,950
5 years$79,341$75,553$71,957$68,545$65,307$61,491
6 years$65,455$61,694$58,152$54,816$51,675$48,008
7 years$55,539$51,811$48,325$45,067$42,026$38,509
8 years$48,106$44,411$40,983$37,806$34,865$31,497
9 years$42,328$38,668$35,299$32,202$29,361$26,142
10 years$37,708$34,084$30,774$27,759$25,017$21,945
11 years$33,931$30,343$27,093$24,158$21,515$18,588
12 years$30,785$27,234$24,044$21,190$18,645$15,858
13 years$28,126$24,612$21,482$18,708$16,259$13,610
14 years$25,848$22,371$19,302$16,607$14,252$11,738
15 years$23,876$20,437$17,427$14,810$12,549$10,165
16 years$22,152$18,750$15,800$13,261$11,091$8,833
17 years$20,632$17,268$14,377$11,915$9,834$7,699
18 years$19,283$15,957$13,125$10,738$8,744$6,726
19 years$18,077$14,789$12,015$9,702$7,793$5,890
20 years$16,993$13,742$11,027$8,787$6,961$5,167
21 years$16,014$12,800$10,143$7,975$6,230$4,540
22 years$15,125$11,949$9,348$7,251$5,584$3,995
23 years$14,314$11,175$8,631$6,604$5,012$3,519
24 years$13,572$10,471$7,982$6,023$4,505$3,103
25 years$12,891$9,826$7,393$5,501$4,054$2,739
26 years$12,263$9,235$6,857$5,029$3,652$2,420
27 years$11,682$8,691$6,367$4,604$3,292$2,140
28 years$11,144$8,190$5,919$4,218$2,971$1,893
29 years$10,644$7,726$5,508$3,868$2,683$1,675
30 years$10,178$7,296$5,131$3,550$2,424$1,484
31 years$9,743$6,898$4,783$3,260$2,191$1,314
32 years$9,336$6,526$4,463$2,996$1,982$1,165
33 years$8,954$6,181$4,167$2,755$1,794$1,033
34 years$8,596$5,858$3,893$2,535$1,624$916
35 years$8,259$5,556$3,640$2,334$1,471$812
36 years$7,941$5,274$3,405$2,149$1,333$721
37 years$7,641$5,009$3,187$1,980$1,208$640
38 years$7,358$4,760$2,985$1,825$1,095$568
39 years$7,090$4,526$2,796$1,683$993$504
40 years$6,836$4,306$2,621$1,552$901$448
41 years$6,595$4,099$2,458$1,432$817$397
42 years$6,366$3,904$2,305$1,322$742$353
43 years$6,148$3,720$2,163$1,220$673$313
44 years$5,941$3,546$2,031$1,127$611$278
45 years$5,743$3,381$1,907$1,040$555$247
46 years$5,555$3,225$1,791$961$504$220
47 years$5,375$3,078$1,682$888$457$195
48 years$5,203$2,938$1,581$820$415$173
49 years$5,039$2,806$1,486$758$377$154
50 years$4,882$2,680$1,397$701$343$137

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,000,000, adding $2,487 every year, while hoping to spend $53,383 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: 47/28/25 Blend
44$5,000,000$5,000,000$5,000,000$5,000,000
45$5,512,565$5,247,565$5,170,065$5,732,129
46$6,018,048$5,447,897$5,286,463$6,087,012
47$6,573,301$5,656,256$5,404,972$6,466,543
48$7,183,343$5,872,978$5,525,604$6,877,463
49$7,853,707$6,098,417$5,648,375$7,322,741
50$8,590,484$6,332,938$5,773,294$7,805,644
51$9,400,387$6,576,926$5,900,373$8,329,765
52$10,290,810$6,830,779$6,029,620$8,899,053
53$11,269,902$7,094,916$6,161,041$9,517,853
54$12,346,638$7,369,773$6,294,642$10,190,944
55$13,530,908$7,655,805$6,430,425$10,923,582
56$14,833,609$7,953,487$6,568,392$11,721,550
57$16,266,745$8,263,316$6,708,542$12,591,214
58$17,843,544$8,585,810$6,850,869$13,539,574
59$19,578,581$8,921,511$6,995,369$14,574,338
60$21,487,914$9,270,982$7,142,032$15,703,987
61$23,589,238$9,634,817$7,290,846$16,937,855
62$25,902,047$10,013,630$7,441,796$18,286,217
63$28,447,824$10,408,066$7,594,864$19,760,386
64$31,250,239$10,818,798$7,750,029$21,372,812
65$34,335,374$11,246,529$7,907,265$23,137,204
66$37,731,967$11,691,994$8,066,544$25,068,657
67$41,471,685$12,155,960$8,227,831$27,183,789
68$45,589,423$12,639,228$8,391,090$29,500,898
69$50,123,631$13,142,637$8,556,278$32,040,135
70$55,116,677$13,667,061$8,723,348$34,823,690
71$60,615,247$14,213,416$8,892,249$37,875,998
72$66,670,786$14,782,658$9,062,924$41,223,972
73$73,339,983$15,375,785$9,235,309$44,897,249
74$80,685,304$15,993,841$9,409,335$48,928,474
75$88,775,585$16,637,919$9,584,927$53,353,600
76$97,686,676$17,309,159$9,762,003$58,212,227
77$107,502,162$18,008,752$9,940,475$63,547,975
78$118,314,148$18,737,946$10,120,247$69,408,890
79$130,224,129$19,498,044$10,301,214$75,847,897
80$143,343,950$20,290,408$10,483,264$82,923,296
81$157,796,857$21,116,462$10,666,277$90,699,309
82$173,718,662$21,977,695$10,850,123$99,246,682
83$191,259,028$22,875,664$11,034,664$108,643,354
84$210,582,874$23,811,996$11,219,751$118,975,183
85$231,871,938$24,788,395$11,405,224$130,336,758
86$255,326,490$25,806,641$11,590,913$142,832,285
87$281,167,220$26,868,594$11,776,636$156,576,569
88$309,637,323$27,976,202$11,962,200$171,696,092
89$341,004,794$29,131,500$12,147,398$188,330,206
90$375,564,959$30,336,619$12,332,011$206,632,440
91$413,643,257$31,593,785$12,515,806$226,771,947
92$455,598,317$32,905,329$12,698,534$248,935,096
93$501,825,342$34,273,687$12,879,931$273,327,226
94$552,759,838$35,701,409$13,059,720$300,174,580
95$608,881,724$37,191,160$13,237,603$329,726,436
96$670,719,864$38,745,732$13,413,267$362,257,451
97$738,857,060$40,368,042$13,586,381$398,070,254
98$813,935,548$42,061,144$13,756,593$437,498,291
99$896,663,066$43,828,232$13,923,531$480,908,973
100$987,819,533$45,672,650$14,086,804$528,707,130