Can I retire at age 45 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$437,669$433,771$429,967$426,254$422,629$410,582
2 years$216,668$212,633$208,722$204,930$201,252$189,208
3 years$143,010$138,958$135,057$131,301$127,683$116,020
4 years$106,189$102,149$98,287$94,595$91,064$79,872
5 years$84,102$80,086$76,275$72,658$69,226$58,534
6 years$69,382$65,396$61,641$58,105$54,776$44,595
7 years$58,872$54,920$51,224$47,771$44,547$34,878
8 years$50,993$47,076$43,442$40,074$36,956$27,792
9 years$44,868$40,988$37,417$34,134$31,123$22,455
10 years$39,971$36,129$32,621$29,424$26,518$18,335
11 years$35,967$32,164$28,719$25,608$22,806$15,095
12 years$32,632$28,868$25,487$22,461$19,764$12,509
13 years$29,813$26,089$22,771$19,830$17,234$10,420
14 years$27,399$23,714$20,460$17,603$15,107$8,717
15 years$25,308$21,663$18,473$15,699$13,302$7,317
16 years$23,481$19,875$16,748$14,057$11,756$6,160
17 years$21,870$18,304$15,240$12,630$10,424$5,199
18 years$20,440$16,914$13,912$11,382$9,268$4,396
19 years$19,162$15,676$12,736$10,285$8,261$3,723
20 years$18,013$14,567$11,688$9,315$7,379$3,158
21 years$16,975$13,568$10,751$8,454$6,603$2,681
22 years$16,032$12,666$9,909$7,686$5,919$2,279
23 years$15,173$11,846$9,149$7,000$5,313$1,939
24 years$14,387$11,099$8,461$6,384$4,776$1,650
25 years$13,664$10,416$7,837$5,831$4,297$1,406
26 years$12,998$9,789$7,268$5,331$3,871$1,198
27 years$12,383$9,213$6,749$4,880$3,490$1,021
28 years$11,813$8,681$6,274$4,471$3,149$871
29 years$11,282$8,190$5,839$4,100$2,843$743
30 years$10,789$7,734$5,439$3,763$2,569$634
31 years$10,327$7,311$5,070$3,456$2,323$541
32 years$9,896$6,918$4,731$3,176$2,101$462
33 years$9,492$6,551$4,417$2,921$1,902$395
34 years$9,112$6,209$4,127$2,687$1,722$337
35 years$8,754$5,889$3,858$2,474$1,559$288
36 years$8,418$5,590$3,610$2,278$1,413$246
37 years$8,100$5,309$3,378$2,099$1,281$210
38 years$7,800$5,046$3,164$1,935$1,161$179
39 years$7,515$4,798$2,964$1,784$1,053$153
40 years$7,246$4,565$2,778$1,645$955$131
41 years$6,990$4,345$2,605$1,518$866$112
42 years$6,748$4,138$2,444$1,401$786$96
43 years$6,517$3,943$2,293$1,293$713$82
44 years$6,297$3,758$2,152$1,194$648$70
45 years$6,088$3,584$2,021$1,103$588$60
46 years$5,888$3,419$1,898$1,019$534$51
47 years$5,698$3,263$1,783$941$485$44
48 years$5,515$3,115$1,676$870$440$37
49 years$5,341$2,974$1,575$804$400$32
50 years$5,175$2,841$1,481$743$363$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,300,000, adding $2,668 every year, while hoping to spend $59,418 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: 78/16/6 Blend
44$5,300,000$5,300,000$5,300,000$5,300,000
45$5,843,352$5,562,452$5,480,302$6,295,901
46$6,376,154$5,771,792$5,600,672$6,802,374
47$6,961,310$5,989,398$5,723,083$7,349,643
48$7,604,097$6,215,613$5,847,540$7,948,026
49$8,310,330$6,450,793$5,974,048$8,602,583
50$9,086,414$6,695,311$6,102,608$9,318,881
51$9,939,403$6,949,557$6,233,221$10,103,050
52$10,877,072$7,213,935$6,365,883$10,961,840
53$11,907,984$7,488,868$6,500,591$11,902,683
54$13,041,575$7,774,799$6,637,338$12,933,764
55$14,288,240$8,072,189$6,776,113$14,064,095
56$15,659,432$8,381,518$6,916,904$15,303,601
57$17,167,771$8,703,289$7,059,697$16,663,211
58$18,827,158$9,038,025$7,204,472$18,154,965
59$20,652,914$9,386,274$7,351,207$19,792,119
60$22,661,917$9,748,607$7,499,878$21,589,277
61$24,872,764$10,125,620$7,650,455$23,562,522
62$27,305,946$10,517,935$7,802,905$25,729,571
63$29,984,041$10,926,203$7,957,192$28,109,939
64$32,931,929$11,351,102$8,113,273$30,725,120
65$36,177,020$11,793,341$8,271,103$33,598,795
66$39,749,521$12,253,660$8,430,630$36,757,047
67$43,682,714$12,732,831$8,591,798$40,228,611
68$48,013,274$13,231,662$8,754,545$44,045,144
69$52,781,610$13,750,996$8,918,805$48,241,518
70$58,032,253$14,291,713$9,084,503$52,856,153
71$63,814,269$14,854,733$9,251,560$57,931,374
72$70,181,726$15,441,018$9,419,890$63,513,813
73$77,194,204$16,051,569$9,589,398$69,654,843
74$84,917,354$16,687,437$9,759,984$76,411,067
75$93,423,520$17,349,717$9,931,539$83,844,846
76$102,792,419$18,039,553$10,103,945$92,024,888
77$113,111,896$18,758,142$10,277,078$101,026,893
78$124,478,751$19,506,733$10,450,802$110,934,269
79$136,999,653$20,286,632$10,624,974$121,838,915
80$150,792,146$21,099,205$10,799,438$133,842,086
81$165,985,756$21,945,877$10,974,030$147,055,349
82$182,723,218$22,828,140$11,148,575$161,601,631
83$201,161,819$23,747,552$11,322,885$177,616,382
84$221,474,883$24,705,740$11,496,761$195,248,845
85$243,853,409$25,704,409$11,669,990$214,663,467
86$268,507,869$26,745,338$11,842,347$236,041,449
87$295,670,198$27,830,386$12,013,592$259,582,450
88$325,595,983$28,961,499$12,183,472$285,506,473
89$358,566,871$30,140,711$12,351,716$314,055,936
90$394,893,234$31,370,147$12,518,040$345,497,962
91$434,917,090$32,652,030$12,682,141$380,126,892
92$479,015,339$33,988,686$12,843,698$418,267,064
93$527,603,315$35,382,544$13,002,374$460,275,872
94$581,138,711$36,836,145$13,157,811$506,547,132
95$640,125,892$38,352,149$13,309,630$557,514,803
96$705,120,663$39,933,334$13,457,433$613,657,074
97$776,735,511$41,582,609$13,600,798$675,500,876
98$855,645,389$43,303,012$13,739,280$743,626,857
99$942,594,085$45,097,726$13,872,412$818,674,851
100$1,038,401,243$46,970,076$13,999,699$901,349,922