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

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$437,669$433,771$429,967$426,254$422,629$412,413
2 years$216,668$212,633$208,722$204,930$201,252$191,020
3 years$143,010$138,958$135,057$131,301$127,683$117,755
4 years$106,189$102,149$98,287$94,595$91,064$81,518
5 years$84,102$80,086$76,275$72,658$69,226$60,087
6 years$69,382$65,396$61,641$58,105$54,776$46,055
7 years$58,872$54,920$51,224$47,771$44,547$36,244
8 years$50,993$47,076$43,442$40,074$36,956$29,068
9 years$44,868$40,988$37,417$34,134$31,123$23,642
10 years$39,971$36,129$32,621$29,424$26,518$19,438
11 years$35,967$32,164$28,719$25,608$22,806$16,116
12 years$32,632$28,868$25,487$22,461$19,764$13,451
13 years$29,813$26,089$22,771$19,830$17,234$11,288
14 years$27,399$23,714$20,460$17,603$15,107$9,515
15 years$25,308$21,663$18,473$15,699$13,302$8,049
16 years$23,481$19,875$16,748$14,057$11,756$6,830
17 years$21,870$18,304$15,240$12,630$10,424$5,810
18 years$20,440$16,914$13,912$11,382$9,268$4,953
19 years$19,162$15,676$12,736$10,285$8,261$4,230
20 years$18,013$14,567$11,688$9,315$7,379$3,617
21 years$16,975$13,568$10,751$8,454$6,603$3,098
22 years$16,032$12,666$9,909$7,686$5,919$2,655
23 years$15,173$11,846$9,149$7,000$5,313$2,278
24 years$14,387$11,099$8,461$6,384$4,776$1,957
25 years$13,664$10,416$7,837$5,831$4,297$1,681
26 years$12,998$9,789$7,268$5,331$3,871$1,446
27 years$12,383$9,213$6,749$4,880$3,490$1,243
28 years$11,813$8,681$6,274$4,471$3,149$1,070
29 years$11,282$8,190$5,839$4,100$2,843$921
30 years$10,789$7,734$5,439$3,763$2,569$793
31 years$10,327$7,311$5,070$3,456$2,323$683
32 years$9,896$6,918$4,731$3,176$2,101$589
33 years$9,492$6,551$4,417$2,921$1,902$507
34 years$9,112$6,209$4,127$2,687$1,722$437
35 years$8,754$5,889$3,858$2,474$1,559$377
36 years$8,418$5,590$3,610$2,278$1,413$325
37 years$8,100$5,309$3,378$2,099$1,281$280
38 years$7,800$5,046$3,164$1,935$1,161$242
39 years$7,515$4,798$2,964$1,784$1,053$208
40 years$7,246$4,565$2,778$1,645$955$180
41 years$6,990$4,345$2,605$1,518$866$155
42 years$6,748$4,138$2,444$1,401$786$134
43 years$6,517$3,943$2,293$1,293$713$115
44 years$6,297$3,758$2,152$1,194$648$99
45 years$6,088$3,584$2,021$1,103$588$86
46 years$5,888$3,419$1,898$1,019$534$74
47 years$5,698$3,263$1,783$941$485$64
48 years$5,515$3,115$1,676$870$440$55
49 years$5,341$2,974$1,575$804$400$48
50 years$5,175$2,841$1,481$743$363$41

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 $3,690 every year, while hoping to spend $31,359 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: 44/46/10 Blend
44$5,300,000$5,300,000$5,300,000$5,300,000
45$5,844,406$5,563,506$5,481,356$6,084,679
46$6,407,170$5,802,752$5,631,616$6,491,157
47$7,026,285$6,052,670$5,785,858$6,927,965
48$7,707,465$6,313,750$5,944,184$7,400,676
49$8,457,007$6,586,505$6,106,695$7,912,604
50$9,281,849$6,871,471$6,273,496$8,467,382
51$10,189,635$7,169,211$6,444,696$9,068,998
52$11,188,788$7,480,312$6,620,403$9,721,832
53$12,288,589$7,805,392$6,800,731$10,430,694
54$13,499,263$8,145,094$6,985,794$11,200,864
55$14,832,079$8,500,095$7,175,709$12,038,146
56$16,299,453$8,871,102$7,370,598$12,948,911
57$17,915,066$9,258,854$7,570,581$13,940,166
58$19,693,993$9,664,129$7,775,786$15,019,606
59$21,652,846$10,087,737$7,986,341$16,195,691
60$23,809,929$10,530,528$8,202,376$17,477,720
61$26,185,412$10,993,394$8,424,025$18,875,918
62$28,801,520$11,477,267$8,651,427$20,401,525
63$31,682,745$11,983,123$8,884,720$22,066,902
64$34,856,075$12,511,986$9,124,047$23,885,644
65$38,351,247$13,064,926$9,369,555$25,872,702
66$42,201,033$13,643,065$9,621,394$28,044,523
67$46,441,542$14,247,579$9,879,714$30,419,199
68$51,112,567$14,879,698$10,144,672$33,016,635
69$56,257,957$15,540,712$10,416,427$35,858,730
70$61,926,032$16,231,971$10,695,141$38,969,583
71$68,170,039$16,954,888$10,980,980$42,375,712
72$75,048,652$17,710,947$11,274,111$46,106,299
73$82,626,529$18,501,698$11,574,709$50,193,462
74$90,974,922$19,328,768$11,882,949$54,672,554
75$100,172,346$20,193,860$12,199,010$59,582,484
76$110,305,324$21,098,758$12,523,075$64,966,087
77$121,469,201$22,045,331$12,855,332$70,870,514
78$133,769,044$23,035,536$13,195,970$77,347,676
79$147,320,635$24,071,427$13,545,184$84,454,722
80$162,251,565$25,155,151$13,903,172$92,254,576
81$178,702,432$26,288,961$14,270,136$100,816,521
82$196,828,176$27,475,216$14,646,281$110,216,841
83$216,799,535$28,716,387$15,031,817$120,539,541
84$238,804,662$30,015,065$15,426,958$131,877,123
85$263,050,897$31,373,962$15,831,920$144,331,454
86$289,766,724$32,795,922$16,246,925$158,014,718
87$319,203,932$34,283,924$16,672,199$173,050,461
88$351,639,987$35,841,090$17,107,972$189,574,752
89$387,380,653$37,470,691$17,554,476$207,737,454
90$426,762,878$39,176,154$18,011,950$227,703,623
91$470,157,977$40,961,070$18,480,635$249,655,062
92$517,975,132$42,829,204$18,960,778$273,792,017
93$570,665,260$44,784,499$19,452,628$300,335,056
94$628,725,265$46,831,089$19,956,440$329,527,142
95$692,702,734$48,973,304$20,472,473$361,635,903
96$763,201,101$51,215,684$21,000,989$396,956,151
97$840,885,346$53,562,985$21,542,254$435,812,645
98$926,488,272$56,020,192$22,096,541$478,563,140
99$1,020,817,425$58,592,531$22,664,124$525,601,748
100$1,124,762,712$61,285,475$23,245,282$577,362,640