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%12.6%
1 years$421,153$417,402$413,742$410,169$406,681$402,267
2 years$208,492$204,609$200,846$197,197$193,658$189,213
3 years$137,614$133,714$129,960$126,346$122,864$118,527
4 years$102,182$98,294$94,578$91,025$87,628$83,432
5 years$80,928$77,064$73,396$69,916$66,613$62,571
6 years$66,764$62,928$59,315$55,912$52,709$48,824
7 years$56,650$52,847$49,291$45,969$42,866$39,142
8 years$49,068$45,300$41,803$38,562$35,562$31,997
9 years$43,175$39,442$36,005$32,846$29,948$26,541
10 years$38,462$34,766$31,390$28,314$25,517$22,267
11 years$34,610$30,950$27,635$24,641$21,946$18,848
12 years$31,401$27,779$24,525$21,614$19,018$16,071
13 years$28,688$25,104$21,912$19,082$16,584$13,783
14 years$26,365$22,819$19,688$16,939$14,537$11,879
15 years$24,353$20,846$17,775$15,106$12,800$10,280
16 years$22,595$19,125$16,116$13,526$11,312$8,927
17 years$21,045$17,614$14,665$12,153$10,030$7,775
18 years$19,669$16,276$13,387$10,952$8,919$6,789
19 years$18,439$15,084$12,255$9,896$7,949$5,940
20 years$17,333$14,017$11,247$8,963$7,101$5,207
21 years$16,334$13,056$10,345$8,135$6,354$4,572
22 years$15,427$12,188$9,535$7,396$5,696$4,020
23 years$14,601$11,399$8,804$6,736$5,113$3,538
24 years$13,844$10,680$8,142$6,144$4,595$3,118
25 years$13,149$10,023$7,541$5,611$4,135$2,750
26 years$12,508$9,420$6,994$5,130$3,725$2,428
27 years$11,916$8,865$6,495$4,696$3,358$2,145
28 years$11,367$8,353$6,038$4,302$3,030$1,896
29 years$10,857$7,881$5,618$3,945$2,736$1,677
30 years$10,381$7,442$5,233$3,621$2,472$1,483
31 years$9,938$7,035$4,879$3,325$2,235$1,313
32 years$9,523$6,657$4,552$3,056$2,022$1,163
33 years$9,133$6,304$4,250$2,810$1,830$1,030
34 years$8,768$5,975$3,971$2,586$1,657$913
35 years$8,424$5,667$3,713$2,380$1,501$809
36 years$8,100$5,379$3,473$2,192$1,360$717
37 years$7,794$5,109$3,251$2,020$1,232$636
38 years$7,505$4,855$3,044$1,862$1,117$564
39 years$7,232$4,617$2,852$1,717$1,013$500
40 years$6,973$4,393$2,673$1,583$919$444
41 years$6,727$4,181$2,507$1,461$834$394
42 years$6,493$3,982$2,351$1,348$756$349
43 years$6,271$3,794$2,207$1,245$686$310
44 years$6,060$3,617$2,071$1,149$623$275
45 years$5,858$3,449$1,945$1,061$566$244
46 years$5,666$3,290$1,827$980$514$217
47 years$5,483$3,140$1,716$906$466$192
48 years$5,307$2,997$1,613$837$424$171
49 years$5,140$2,862$1,516$773$385$152
50 years$4,979$2,734$1,425$715$349$135

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 $3,523 every year, while hoping to spend $51,995 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: 79/13/8 Blend
44$5,100,000$5,100,000$5,100,000$5,100,000
45$5,623,834$5,353,534$5,274,484$6,061,827
46$6,142,143$5,560,535$5,395,857$6,556,605
47$6,711,576$5,775,936$5,519,553$7,092,100
48$7,337,295$6,000,095$5,645,596$7,677,989
49$8,024,982$6,233,383$5,774,007$8,319,272
50$8,780,901$6,476,189$5,904,807$9,021,458
51$9,611,951$6,728,920$6,038,016$9,790,609
52$10,525,733$6,992,000$6,173,652$10,633,402
53$11,530,622$7,265,872$6,311,733$11,557,191
54$12,635,844$7,550,999$6,452,275$12,570,072
55$13,851,565$7,847,863$6,595,292$13,680,963
56$15,188,987$8,156,970$6,740,796$14,899,684
57$16,660,448$8,478,847$6,888,798$16,237,054
58$18,279,548$8,814,045$7,039,306$17,704,985
59$20,061,268$9,163,138$7,192,329$19,316,599
60$22,022,115$9,526,730$7,347,870$21,086,350
61$24,180,278$9,905,447$7,505,931$23,030,159
62$26,555,800$10,299,947$7,666,512$25,165,563
63$29,170,761$10,710,915$7,829,611$27,511,882
64$32,049,497$11,139,067$7,995,221$30,090,396
65$35,218,818$11,585,154$8,163,333$32,924,549
66$38,708,268$12,049,958$8,333,936$36,040,167
67$42,550,402$12,534,296$8,507,013$39,465,702
68$46,781,092$13,039,025$8,682,546$43,232,498
69$51,439,863$13,565,037$8,860,512$47,375,087
70$56,570,273$14,113,268$9,040,883$51,931,513
71$62,220,317$14,684,694$9,223,628$56,943,692
72$68,442,881$15,280,336$9,408,712$62,457,801
73$75,296,244$15,901,261$9,596,092$68,524,719
74$82,844,623$16,548,585$9,785,724$75,200,503
75$91,158,785$17,223,476$9,977,555$82,546,913
76$100,316,707$17,927,152$10,171,529$90,631,999
77$110,404,318$18,660,890$10,367,583$99,530,737
78$121,516,308$19,426,023$10,565,647$109,325,739
79$133,757,020$20,223,947$10,765,644$120,108,028
80$147,241,435$21,056,119$10,967,492$131,977,897
81$162,096,257$21,924,065$11,171,099$145,045,853
82$178,461,112$22,829,381$11,376,368$159,433,660
83$196,489,860$23,773,735$11,583,191$175,275,486
84$216,352,050$24,758,872$11,791,452$192,719,166
85$238,234,521$25,786,619$12,001,027$211,927,596
86$262,343,162$26,858,883$12,211,781$233,080,270
87$288,904,859$27,977,663$12,423,571$256,374,972
88$318,169,635$29,145,048$12,636,240$282,029,637
89$350,413,006$30,363,224$12,849,623$310,284,411
90$385,938,589$31,634,478$13,063,541$341,403,913
91$425,080,960$32,961,202$13,277,805$375,679,730
92$468,208,816$34,345,900$13,492,210$413,433,169
93$515,728,457$35,791,190$13,706,540$455,018,283
94$568,087,614$37,299,814$13,920,564$500,825,215
95$625,779,684$38,874,637$14,134,036$551,283,878
96$689,348,379$40,518,662$14,346,694$606,868,005
97$759,392,865$42,235,028$14,558,259$668,099,623
98$836,573,413$44,027,021$14,768,437$735,553,976
99$921,617,636$45,898,079$14,976,914$809,864,952
100$1,015,327,352$47,851,802$15,183,358$891,731,062