Can I retire at age 45 with 5,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $5,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$421,153$417,402$413,742$410,169$406,681$394,137
2 years$208,492$204,609$200,846$197,197$193,658$181,129
3 years$137,614$133,714$129,960$126,346$122,864$110,744
4 years$102,182$98,294$94,578$91,025$87,628$76,010
5 years$80,928$77,064$73,396$69,916$66,613$55,528
6 years$66,764$62,928$59,315$55,912$52,709$42,166
7 years$56,650$52,847$49,291$45,969$42,866$32,866
8 years$49,068$45,300$41,803$38,562$35,562$26,097
9 years$43,175$39,442$36,005$32,846$29,948$21,008
10 years$38,462$34,766$31,390$28,314$25,517$17,090
11 years$34,610$30,950$27,635$24,641$21,946$14,015
12 years$31,401$27,779$24,525$21,614$19,018$11,568
13 years$28,688$25,104$21,912$19,082$16,584$9,597
14 years$26,365$22,819$19,688$16,939$14,537$7,995
15 years$24,353$20,846$17,775$15,106$12,800$6,683
16 years$22,595$19,125$16,116$13,526$11,312$5,602
17 years$21,045$17,614$14,665$12,153$10,030$4,707
18 years$19,669$16,276$13,387$10,952$8,919$3,962
19 years$18,439$15,084$12,255$9,896$7,949$3,341
20 years$17,333$14,017$11,247$8,963$7,101$2,820
21 years$16,334$13,056$10,345$8,135$6,354$2,384
22 years$15,427$12,188$9,535$7,396$5,696$2,017
23 years$14,601$11,399$8,804$6,736$5,113$1,707
24 years$13,844$10,680$8,142$6,144$4,595$1,447
25 years$13,149$10,023$7,541$5,611$4,135$1,226
26 years$12,508$9,420$6,994$5,130$3,725$1,040
27 years$11,916$8,865$6,495$4,696$3,358$882
28 years$11,367$8,353$6,038$4,302$3,030$749
29 years$10,857$7,881$5,618$3,945$2,736$636
30 years$10,381$7,442$5,233$3,621$2,472$540
31 years$9,938$7,035$4,879$3,325$2,235$459
32 years$9,523$6,657$4,552$3,056$2,022$390
33 years$9,133$6,304$4,250$2,810$1,830$331
34 years$8,768$5,975$3,971$2,586$1,657$281
35 years$8,424$5,667$3,713$2,380$1,501$239
36 years$8,100$5,379$3,473$2,192$1,360$203
37 years$7,794$5,109$3,251$2,020$1,232$173
38 years$7,505$4,855$3,044$1,862$1,117$147
39 years$7,232$4,617$2,852$1,717$1,013$125
40 years$6,973$4,393$2,673$1,583$919$106
41 years$6,727$4,181$2,507$1,461$834$90
42 years$6,493$3,982$2,351$1,348$756$77
43 years$6,271$3,794$2,207$1,245$686$65
44 years$6,060$3,617$2,071$1,149$623$55
45 years$5,858$3,449$1,945$1,061$566$47
46 years$5,666$3,290$1,827$980$514$40
47 years$5,483$3,140$1,716$906$466$34
48 years$5,307$2,997$1,613$837$424$29
49 years$5,140$2,862$1,516$773$385$25
50 years$4,979$2,734$1,425$715$349$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,100,000, adding $5,958 every year, while hoping to spend $55,409 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: 51/33/16 Blend
44$5,100,000$5,100,000$5,100,000$5,100,000
45$5,626,346$5,356,046$5,276,996$5,888,373
46$6,141,278$5,559,537$5,394,820$6,272,490
47$6,706,877$5,771,143$5,514,735$6,683,585
48$7,328,251$5,991,201$5,636,751$7,129,304
49$8,011,029$6,220,067$5,760,879$7,612,937
50$8,761,413$6,458,109$5,887,127$8,138,097
51$9,586,233$6,705,712$6,015,502$8,708,758
52$10,493,016$6,963,280$6,146,009$9,329,290
53$11,490,055$7,231,231$6,278,651$10,004,501
54$12,586,483$7,510,005$6,413,429$10,739,676
55$13,792,368$7,800,058$6,550,342$11,540,630
56$15,118,798$8,101,869$6,689,387$12,413,761
57$16,577,991$8,415,937$6,830,557$13,366,108
58$18,183,410$8,742,782$6,973,845$14,405,415
59$19,949,888$9,082,948$7,119,238$15,540,206
60$21,893,766$9,437,002$7,266,723$16,779,861
61$24,033,054$9,805,539$7,416,282$18,134,701
62$26,387,592$10,189,177$7,567,893$19,616,091
63$28,979,242$10,588,562$7,721,534$21,236,536
64$31,832,095$11,004,372$7,877,175$23,009,805
65$34,972,693$11,437,310$8,034,785$24,951,055
66$38,430,284$11,888,115$8,194,326$27,076,973
67$42,237,096$12,357,556$8,355,760$29,405,933
68$46,428,641$12,846,437$8,519,039$31,958,163
69$51,044,050$13,355,600$8,684,114$34,755,939
70$56,126,441$13,885,922$8,850,930$37,823,790
71$61,723,326$14,438,321$9,019,424$41,188,725
72$67,887,062$15,013,754$9,189,531$44,880,490
73$74,675,338$15,613,225$9,361,177$48,931,846
74$82,151,729$16,237,779$9,534,282$53,378,869
75$90,386,286$16,888,511$9,708,762$58,261,296
76$99,456,203$17,566,564$9,884,521$63,622,891
77$109,446,542$18,273,132$10,061,459$69,511,860
78$120,451,040$19,009,465$10,239,468$75,981,296
79$132,572,985$19,776,869$10,418,430$83,089,686
80$145,926,202$20,576,707$10,598,219$90,901,451
81$160,636,115$21,410,407$10,778,700$99,487,555
82$176,840,942$22,279,460$10,959,729$108,926,171
83$194,692,988$23,185,424$11,141,151$119,303,413
84$214,360,093$24,129,930$11,322,800$130,714,146
85$236,027,208$25,114,682$11,504,499$143,262,880
86$259,898,144$26,141,462$11,686,060$157,064,744
87$286,197,495$27,212,133$11,867,283$172,246,579
88$315,172,756$28,328,644$12,047,954$188,948,120
89$347,096,661$29,493,033$12,227,845$207,323,319
90$382,269,758$30,707,429$12,406,715$227,541,787
91$421,023,242$31,974,061$12,584,309$249,790,392
92$463,722,084$33,295,261$12,760,354$274,275,017
93$510,768,473$34,673,465$12,934,562$301,222,497
94$562,605,616$36,111,224$13,106,628$330,882,757
95$619,721,918$37,611,203$13,276,230$363,531,160
96$682,655,595$39,176,194$13,443,025$399,471,103
97$751,999,751$40,809,113$13,606,652$439,036,874
98$828,407,980$42,513,013$13,766,729$482,596,801
99$912,600,532$44,291,089$13,922,852$530,556,717
100$1,005,371,114$46,146,681$14,074,596$583,363,789