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%19.9%
1 years$437,669$433,771$429,967$426,254$422,629$405,861
2 years$216,668$212,633$208,722$204,930$201,252$184,566
3 years$143,010$138,958$135,057$131,301$127,683$111,605
4 years$106,189$102,149$98,287$94,595$91,064$75,716
5 years$84,102$80,086$76,275$72,658$69,226$54,647
6 years$69,382$65,396$61,641$58,105$54,776$40,976
7 years$58,872$54,920$51,224$47,771$44,547$31,521
8 years$50,993$47,076$43,442$40,074$36,956$24,690
9 years$44,868$40,988$37,417$34,134$31,123$19,598
10 years$39,971$36,129$32,621$29,424$26,518$15,712
11 years$35,967$32,164$28,719$25,608$22,806$12,695
12 years$32,632$28,868$25,487$22,461$19,764$10,318
13 years$29,813$26,089$22,771$19,830$17,234$8,427
14 years$27,399$23,714$20,460$17,603$15,107$6,909
15 years$25,308$21,663$18,473$15,699$13,302$5,682
16 years$23,481$19,875$16,748$14,057$11,756$4,684
17 years$21,870$18,304$15,240$12,630$10,424$3,869
18 years$20,440$16,914$13,912$11,382$9,268$3,202
19 years$19,162$15,676$12,736$10,285$8,261$2,653
20 years$18,013$14,567$11,688$9,315$7,379$2,200
21 years$16,975$13,568$10,751$8,454$6,603$1,827
22 years$16,032$12,666$9,909$7,686$5,919$1,518
23 years$15,173$11,846$9,149$7,000$5,313$1,262
24 years$14,387$11,099$8,461$6,384$4,776$1,050
25 years$13,664$10,416$7,837$5,831$4,297$874
26 years$12,998$9,789$7,268$5,331$3,871$727
27 years$12,383$9,213$6,749$4,880$3,490$606
28 years$11,813$8,681$6,274$4,471$3,149$505
29 years$11,282$8,190$5,839$4,100$2,843$420
30 years$10,789$7,734$5,439$3,763$2,569$350
31 years$10,327$7,311$5,070$3,456$2,323$292
32 years$9,896$6,918$4,731$3,176$2,101$243
33 years$9,492$6,551$4,417$2,921$1,902$203
34 years$9,112$6,209$4,127$2,687$1,722$169
35 years$8,754$5,889$3,858$2,474$1,559$141
36 years$8,418$5,590$3,610$2,278$1,413$118
37 years$8,100$5,309$3,378$2,099$1,281$98
38 years$7,800$5,046$3,164$1,935$1,161$82
39 years$7,515$4,798$2,964$1,784$1,053$68
40 years$7,246$4,565$2,778$1,645$955$57
41 years$6,990$4,345$2,605$1,518$866$47
42 years$6,748$4,138$2,444$1,401$786$40
43 years$6,517$3,943$2,293$1,293$713$33
44 years$6,297$3,758$2,152$1,194$648$28
45 years$6,088$3,584$2,021$1,103$588$23
46 years$5,888$3,419$1,898$1,019$534$19
47 years$5,698$3,263$1,783$941$485$16
48 years$5,515$3,115$1,676$870$440$13
49 years$5,341$2,974$1,575$804$400$11
50 years$5,175$2,841$1,481$743$363$9

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 $2,462 every year, while hoping to spend $27,368 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: 61/10/29 Blend
44$5,300,000$5,300,000$5,300,000$5,300,000
45$5,843,140$5,562,240$5,480,090$6,153,624
46$6,410,020$5,805,670$5,634,553$6,608,956
47$7,033,806$6,060,111$5,793,274$7,102,610
48$7,720,271$6,326,074$5,956,366$7,640,919
49$8,475,780$6,604,093$6,123,946$8,228,252
50$9,307,345$6,894,728$6,296,132$8,869,418
51$10,222,690$7,198,566$6,473,049$9,569,709
52$11,230,329$7,516,221$6,654,821$10,334,948
53$12,339,643$7,848,336$6,841,578$11,171,549
54$13,560,967$8,195,585$7,033,451$12,086,569
55$14,905,691$8,558,673$7,230,577$13,087,778
56$16,386,364$8,938,341$7,433,094$14,183,734
57$18,016,814$9,335,361$7,641,144$15,383,855
58$19,812,281$9,750,545$7,854,874$16,698,513
59$21,789,554$10,184,742$8,074,432$18,139,130
60$23,967,136$10,638,842$8,299,974$19,718,284
61$26,365,416$11,113,777$8,531,655$21,449,823
62$29,006,860$11,610,524$8,769,636$23,349,002
63$31,916,224$12,130,104$9,014,084$25,432,619
64$35,120,790$12,673,590$9,265,166$27,719,176
65$38,650,618$13,242,103$9,523,057$30,229,051
66$42,538,835$13,836,820$9,787,933$32,984,689
67$46,821,944$14,458,973$10,059,977$36,010,811
68$51,540,172$15,109,852$10,339,376$39,334,650
69$56,737,844$15,790,809$10,626,319$42,986,202
70$62,463,806$16,503,261$10,921,003$46,998,510
71$68,771,886$17,248,692$11,223,628$51,407,973
72$75,721,398$18,028,658$11,534,400$56,254,688
73$83,377,706$18,844,788$11,853,528$61,582,829
74$91,812,838$19,698,789$12,181,227$67,441,058
75$101,106,168$20,592,450$12,517,719$73,882,984
76$111,345,163$21,527,645$12,863,228$80,967,671
77$122,626,210$22,506,340$13,217,986$88,760,186
78$135,055,524$23,530,591$13,582,229$97,332,217
79$148,750,153$24,602,556$13,956,200$106,762,745
80$163,839,083$25,724,495$14,340,147$117,138,787
81$180,464,450$26,898,776$14,734,322$128,556,216
82$198,782,889$28,127,881$15,138,987$141,120,663
83$218,967,006$29,414,410$15,554,406$154,948,510
84$241,207,015$30,761,090$15,980,852$170,167,990
85$265,712,523$32,170,776$16,418,604$186,920,388
86$292,714,519$33,646,463$16,867,945$205,361,380
87$322,467,546$35,191,286$17,329,168$225,662,491
88$355,252,111$36,808,534$17,802,571$248,012,718
89$391,377,328$38,501,654$18,288,458$272,620,306
90$431,183,835$40,274,255$18,787,141$299,714,713
91$475,047,016$42,130,123$19,298,940$329,548,771
92$523,380,539$44,073,226$19,824,181$362,401,070
93$576,640,260$46,107,720$20,363,198$398,578,583
94$635,328,532$48,237,964$20,916,330$438,419,561
95$699,998,944$50,468,526$21,483,929$482,296,721
96$771,261,545$52,804,192$22,066,349$530,620,760
97$849,788,606$55,249,982$22,663,956$583,844,228
98$936,320,967$57,811,154$23,277,121$642,465,797
99$1,031,675,027$60,493,222$23,906,227$707,034,958
100$1,136,750,455$63,301,965$24,551,660$778,157,210