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

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 $5,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$421,153$417,402$413,742$410,169$406,681$403,949
2 years$208,492$204,609$200,846$197,197$193,658$190,902
3 years$137,614$133,714$129,960$126,346$122,864$120,171
4 years$102,182$98,294$94,578$91,025$87,628$85,017
5 years$80,928$77,064$73,396$69,916$66,613$64,093
6 years$66,764$62,928$59,315$55,912$52,709$50,282
7 years$56,650$52,847$49,291$45,969$42,866$40,535
8 years$49,068$45,300$41,803$38,562$35,562$33,325
9 years$43,175$39,442$36,005$32,846$29,948$27,806
10 years$38,462$34,766$31,390$28,314$25,517$23,468
11 years$34,610$30,950$27,635$24,641$21,946$19,988
12 years$31,401$27,779$24,525$21,614$19,018$17,150
13 years$28,688$25,104$21,912$19,082$16,584$14,804
14 years$26,365$22,819$19,688$16,939$14,537$12,844
15 years$24,353$20,846$17,775$15,106$12,800$11,190
16 years$22,595$19,125$16,116$13,526$11,312$9,784
17 years$21,045$17,614$14,665$12,153$10,030$8,581
18 years$19,669$16,276$13,387$10,952$8,919$7,545
19 years$18,439$15,084$12,255$9,896$7,949$6,650
20 years$17,333$14,017$11,247$8,963$7,101$5,872
21 years$16,334$13,056$10,345$8,135$6,354$5,194
22 years$15,427$12,188$9,535$7,396$5,696$4,601
23 years$14,601$11,399$8,804$6,736$5,113$4,081
24 years$13,844$10,680$8,142$6,144$4,595$3,624
25 years$13,149$10,023$7,541$5,611$4,135$3,221
26 years$12,508$9,420$6,994$5,130$3,725$2,866
27 years$11,916$8,865$6,495$4,696$3,358$2,552
28 years$11,367$8,353$6,038$4,302$3,030$2,274
29 years$10,857$7,881$5,618$3,945$2,736$2,027
30 years$10,381$7,442$5,233$3,621$2,472$1,808
31 years$9,938$7,035$4,879$3,325$2,235$1,614
32 years$9,523$6,657$4,552$3,056$2,022$1,441
33 years$9,133$6,304$4,250$2,810$1,830$1,287
34 years$8,768$5,975$3,971$2,586$1,657$1,150
35 years$8,424$5,667$3,713$2,380$1,501$1,028
36 years$8,100$5,379$3,473$2,192$1,360$919
37 years$7,794$5,109$3,251$2,020$1,232$822
38 years$7,505$4,855$3,044$1,862$1,117$735
39 years$7,232$4,617$2,852$1,717$1,013$658
40 years$6,973$4,393$2,673$1,583$919$588
41 years$6,727$4,181$2,507$1,461$834$527
42 years$6,493$3,982$2,351$1,348$756$471
43 years$6,271$3,794$2,207$1,245$686$422
44 years$6,060$3,617$2,071$1,149$623$378
45 years$5,858$3,449$1,945$1,061$566$338
46 years$5,666$3,290$1,827$980$514$303
47 years$5,483$3,140$1,716$906$466$271
48 years$5,307$2,997$1,613$837$424$243
49 years$5,140$2,862$1,516$773$385$217
50 years$4,979$2,734$1,425$715$349$195

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 $5,205 every year, while hoping to spend $48,658 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: 29/47/24 Blend
44$5,100,000$5,100,000$5,100,000$5,100,000
45$5,625,569$5,355,269$5,276,219$5,746,515
46$6,147,605$5,565,905$5,401,201$6,051,664
47$6,721,258$5,785,232$5,528,738$6,374,860
48$7,351,742$6,013,624$5,658,866$6,721,333
49$8,044,800$6,251,472$5,791,618$7,093,119
50$8,806,760$6,499,184$5,927,028$7,492,452
51$9,644,593$6,757,188$6,065,127$7,921,776
52$10,565,982$7,025,930$6,205,949$8,383,776
53$11,579,387$7,305,876$6,349,523$8,881,394
54$12,694,134$7,597,513$6,495,882$9,417,856
55$13,920,494$7,901,350$6,645,053$9,996,704
56$15,269,788$8,217,920$6,797,065$10,621,825
57$16,754,486$8,547,777$6,951,946$11,297,486
58$18,388,329$8,891,504$7,109,722$12,028,371
59$20,186,458$9,249,707$7,270,417$12,819,625
60$22,165,555$9,623,021$7,434,055$13,676,897
61$24,344,003$10,012,110$7,600,657$14,606,394
62$26,742,056$10,417,668$7,770,244$15,614,938
63$29,382,032$10,840,420$7,942,833$16,710,022
64$32,288,522$11,281,123$8,118,440$17,899,883
65$35,488,624$11,740,571$8,297,081$19,193,576
66$39,012,196$12,219,592$8,478,766$20,601,055
67$42,892,141$12,719,053$8,663,505$22,133,263
68$47,164,712$13,239,859$8,851,306$23,802,236
69$51,869,859$13,782,958$9,042,170$25,621,209
70$57,051,603$14,349,342$9,236,101$27,604,739
71$62,758,451$14,940,044$9,433,096$29,768,839
72$69,043,857$15,556,151$9,633,149$32,131,124
73$75,966,722$16,198,794$9,836,251$34,710,974
74$83,591,952$16,869,158$10,042,389$37,529,714
75$91,991,069$17,568,485$10,251,547$40,610,808
76$101,242,886$18,298,069$10,463,702$43,980,077
77$111,434,254$19,059,268$10,678,830$47,665,939
78$122,660,877$19,853,501$10,896,899$51,699,672
79$135,028,215$20,682,251$11,117,874$56,115,702
80$148,652,483$21,547,072$11,341,713$60,951,925
81$163,661,746$22,449,588$11,568,370$66,250,056
82$180,197,125$23,391,498$11,797,791$72,056,021
83$198,414,131$24,374,581$12,029,917$78,420,380
84$218,484,135$25,400,698$12,264,681$85,398,801
85$240,595,979$26,471,795$12,502,011$93,052,576
86$264,957,765$27,589,909$12,741,824$101,449,194
87$291,798,815$28,757,172$12,984,033$110,662,972
88$321,371,836$29,975,815$13,228,540$120,775,746
89$353,955,305$31,248,172$13,475,238$131,877,636
90$389,856,100$32,576,686$13,724,012$144,067,890
91$429,412,392$33,963,914$13,974,736$157,455,812
92$472,996,842$35,412,532$14,227,276$172,161,782
93$521,020,114$36,925,340$14,481,483$188,318,384
94$573,934,754$38,505,269$14,737,201$206,071,651
95$632,239,460$40,155,389$14,994,259$225,582,426
96$696,483,793$41,878,911$15,252,474$247,027,878
97$767,273,358$43,679,196$15,511,651$270,603,154
98$845,275,528$45,559,764$15,771,579$296,523,218
99$931,225,739$47,524,299$16,032,033$325,024,860
100$1,025,934,432$49,576,658$16,292,774$356,368,925