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%12.8%
1 years$421,153$417,402$413,742$410,169$406,681$401,933
2 years$208,492$204,609$200,846$197,197$193,658$188,878
3 years$137,614$133,714$129,960$126,346$122,864$118,202
4 years$102,182$98,294$94,578$91,025$87,628$83,119
5 years$80,928$77,064$73,396$69,916$66,613$62,271
6 years$66,764$62,928$59,315$55,912$52,709$48,538
7 years$56,650$52,847$49,291$45,969$42,866$38,869
8 years$49,068$45,300$41,803$38,562$35,562$31,737
9 years$43,175$39,442$36,005$32,846$29,948$26,295
10 years$38,462$34,766$31,390$28,314$25,517$22,033
11 years$34,610$30,950$27,635$24,641$21,946$18,628
12 years$31,401$27,779$24,525$21,614$19,018$15,862
13 years$28,688$25,104$21,912$19,082$16,584$13,587
14 years$26,365$22,819$19,688$16,939$14,537$11,695
15 years$24,353$20,846$17,775$15,106$12,800$10,107
16 years$22,595$19,125$16,116$13,526$11,312$8,765
17 years$21,045$17,614$14,665$12,153$10,030$7,623
18 years$19,669$16,276$13,387$10,952$8,919$6,646
19 years$18,439$15,084$12,255$9,896$7,949$5,807
20 years$17,333$14,017$11,247$8,963$7,101$5,083
21 years$16,334$13,056$10,345$8,135$6,354$4,456
22 years$15,427$12,188$9,535$7,396$5,696$3,912
23 years$14,601$11,399$8,804$6,736$5,113$3,438
24 years$13,844$10,680$8,142$6,144$4,595$3,025
25 years$13,149$10,023$7,541$5,611$4,135$2,664
26 years$12,508$9,420$6,994$5,130$3,725$2,348
27 years$11,916$8,865$6,495$4,696$3,358$2,071
28 years$11,367$8,353$6,038$4,302$3,030$1,828
29 years$10,857$7,881$5,618$3,945$2,736$1,614
30 years$10,381$7,442$5,233$3,621$2,472$1,425
31 years$9,938$7,035$4,879$3,325$2,235$1,260
32 years$9,523$6,657$4,552$3,056$2,022$1,114
33 years$9,133$6,304$4,250$2,810$1,830$985
34 years$8,768$5,975$3,971$2,586$1,657$871
35 years$8,424$5,667$3,713$2,380$1,501$771
36 years$8,100$5,379$3,473$2,192$1,360$682
37 years$7,794$5,109$3,251$2,020$1,232$604
38 years$7,505$4,855$3,044$1,862$1,117$535
39 years$7,232$4,617$2,852$1,717$1,013$473
40 years$6,973$4,393$2,673$1,583$919$419
41 years$6,727$4,181$2,507$1,461$834$371
42 years$6,493$3,982$2,351$1,348$756$329
43 years$6,271$3,794$2,207$1,245$686$291
44 years$6,060$3,617$2,071$1,149$623$258
45 years$5,858$3,449$1,945$1,061$566$229
46 years$5,666$3,290$1,827$980$514$203
47 years$5,483$3,140$1,716$906$466$180
48 years$5,307$2,997$1,613$837$424$159
49 years$5,140$2,862$1,516$773$385$141
50 years$4,979$2,734$1,425$715$349$125

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 $2,017 every year, while hoping to spend $46,051 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: 40/34/26 Blend
44$5,100,000$5,100,000$5,100,000$5,100,000
45$5,622,281$5,351,981$5,272,931$5,803,890
46$6,146,755$5,565,230$5,400,576$6,148,815
47$6,723,183$5,787,385$5,530,954$6,517,275
48$7,356,814$6,018,833$5,664,107$6,915,013
49$8,053,434$6,259,980$5,800,079$7,344,736
50$8,819,414$6,511,250$5,938,912$7,809,416
51$9,661,778$6,773,084$6,080,649$8,312,317
52$10,588,260$7,045,946$6,225,332$8,857,026
53$11,607,384$7,330,319$6,373,002$9,447,484
54$12,728,542$7,626,709$6,523,702$10,088,022
55$13,962,079$7,935,644$6,677,472$10,783,401
56$15,319,396$8,257,676$6,834,353$11,538,853
57$16,813,056$8,593,383$6,994,385$12,360,132
58$18,456,898$8,943,369$7,157,606$13,253,567
59$20,266,172$9,308,265$7,324,057$14,226,114
60$22,257,682$9,688,730$7,493,774$15,285,426
61$24,449,944$10,085,456$7,666,793$16,439,921
62$26,863,359$10,499,164$7,843,151$17,698,859
63$29,520,407$10,930,609$8,022,882$19,072,428
64$32,445,859$11,380,579$8,206,019$20,571,837
65$35,667,009$11,849,900$8,392,594$22,209,422
66$39,213,935$12,339,436$8,582,637$23,998,755
67$43,119,778$12,850,090$8,776,176$25,954,776
68$47,421,055$13,382,805$8,973,239$28,093,926
69$52,158,010$13,938,569$9,173,849$30,434,302
70$57,374,984$14,518,416$9,378,030$32,995,827
71$63,120,841$15,123,427$9,585,802$35,800,429
72$69,449,423$15,754,731$9,797,183$38,872,251
73$76,420,064$16,413,513$10,012,189$42,237,874
74$84,098,145$17,101,009$10,230,831$45,926,561
75$92,555,712$17,818,515$10,453,120$49,970,537
76$101,872,156$18,567,384$10,679,062$54,405,281
77$112,134,965$19,349,034$10,908,659$59,269,864
78$123,440,543$20,164,948$11,141,911$64,607,311
79$135,895,126$21,016,679$11,378,812$70,465,003
80$149,615,781$21,905,849$11,619,355$76,895,120
81$164,731,513$22,834,158$11,863,526$83,955,130
82$181,384,480$23,803,384$12,111,306$91,708,325
83$199,731,336$24,815,388$12,362,674$100,224,417
84$219,944,708$25,872,118$12,617,599$109,580,188
85$242,214,829$26,975,612$12,876,049$119,860,209
86$266,751,328$28,128,004$13,137,984$131,157,637
87$293,785,214$29,331,527$13,403,357$143,575,084
88$323,571,052$30,588,518$13,672,115$157,225,582
89$356,389,367$31,901,423$13,944,199$172,233,643
90$392,549,293$33,272,803$14,219,541$188,736,430
91$432,391,491$34,705,340$14,498,065$206,885,041
92$476,291,361$36,201,840$14,779,688$226,845,933
93$524,662,590$37,765,240$15,064,317$248,802,481
94$577,961,053$39,398,617$15,351,852$272,956,706
95$636,689,121$41,105,189$15,642,179$299,531,171
96$701,400,397$42,888,329$15,935,177$328,771,074
97$772,704,946$44,751,566$16,230,715$360,946,557
98$851,275,053$46,698,595$16,528,646$396,355,241
99$937,851,568$48,733,286$16,828,815$435,325,033
100$1,033,250,901$50,859,690$17,131,054$478,217,205