Can I retire at age 45 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$445,927$441,955$438,080$434,297$430,604$418,497
2 years$220,756$216,645$212,660$208,797$205,049$192,945
3 years$145,709$141,580$137,605$133,778$130,092$118,368
4 years$108,192$104,076$100,141$96,380$92,783$81,530
5 years$85,689$81,597$77,714$74,029$70,532$59,781
6 years$70,691$66,630$62,804$59,201$55,809$45,570
7 years$59,983$55,956$52,191$48,673$45,388$35,660
8 years$51,955$47,964$44,262$40,830$37,654$28,432
9 years$45,714$41,762$38,123$34,778$31,710$22,986
10 years$40,725$36,811$33,236$29,979$27,018$18,781
11 years$36,645$32,771$29,261$26,091$23,237$15,472
12 years$33,248$29,413$25,968$22,885$20,136$12,829
13 years$30,376$26,581$23,201$20,204$17,559$10,694
14 years$27,916$24,161$20,846$17,935$15,392$8,952
15 years$25,786$22,072$18,821$15,995$13,553$7,521
16 years$23,924$20,250$17,064$14,322$11,978$6,336
17 years$22,283$18,650$15,528$12,868$10,620$5,351
18 years$20,826$17,233$14,175$11,597$9,443$4,528
19 years$19,523$15,972$12,976$10,479$8,417$3,838
20 years$18,353$14,842$11,909$9,490$7,518$3,257
21 years$17,295$13,824$10,954$8,613$6,728$2,768
22 years$16,335$12,905$10,096$7,831$6,031$2,354
23 years$15,459$12,069$9,322$7,132$5,413$2,004
24 years$14,658$11,308$8,621$6,505$4,866$1,708
25 years$13,922$10,612$7,985$5,941$4,378$1,456
26 years$13,244$9,974$7,405$5,432$3,944$1,242
27 years$12,617$9,386$6,877$4,972$3,556$1,059
28 years$12,035$8,845$6,393$4,555$3,208$904
29 years$11,495$8,344$5,949$4,177$2,897$772
30 years$10,992$7,880$5,541$3,834$2,618$659
31 years$10,522$7,449$5,166$3,521$2,367$563
32 years$10,083$7,049$4,820$3,236$2,141$481
33 years$9,671$6,675$4,500$2,976$1,937$411
34 years$9,284$6,326$4,205$2,738$1,754$352
35 years$8,920$6,001$3,931$2,520$1,589$301
36 years$8,576$5,695$3,678$2,321$1,440$257
37 years$8,253$5,409$3,442$2,139$1,305$220
38 years$7,947$5,141$3,223$1,971$1,183$188
39 years$7,657$4,888$3,020$1,818$1,073$161
40 years$7,383$4,651$2,831$1,676$973$137
41 years$7,122$4,427$2,654$1,547$883$117
42 years$6,875$4,216$2,490$1,427$801$100
43 years$6,640$4,017$2,336$1,318$727$86
44 years$6,416$3,829$2,193$1,217$660$73
45 years$6,203$3,652$2,059$1,124$599$63
46 years$5,999$3,484$1,934$1,038$544$54
47 years$5,805$3,324$1,817$959$494$46
48 years$5,619$3,174$1,707$886$448$39
49 years$5,442$3,031$1,605$819$407$34
50 years$5,272$2,895$1,509$757$370$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,400,000, adding $6,184 every year, while hoping to spend $44,260 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: 46/32/22 Blend
44$5,400,000$5,400,000$5,400,000$5,400,000
45$5,957,179$5,670,979$5,587,279$6,193,380
46$6,517,719$5,901,764$5,727,360$6,590,591
47$7,133,950$6,142,375$5,870,651$7,016,423
48$7,811,507$6,393,246$6,017,212$7,477,534
49$8,556,597$6,654,831$6,167,105$7,977,235
50$9,376,058$6,927,605$6,320,390$8,519,167
51$10,277,424$7,212,066$6,477,132$9,107,331
52$11,268,997$7,508,734$6,637,392$9,746,125
53$12,359,925$7,818,151$6,801,234$10,440,381
54$13,560,283$8,140,887$6,968,722$11,195,413
55$14,881,177$8,477,535$7,139,919$12,017,065
56$16,334,842$8,828,719$7,314,891$12,911,762
57$17,934,757$9,195,087$7,493,701$13,886,571
58$19,695,777$9,577,321$7,676,415$14,949,266
59$21,634,269$9,976,133$7,863,097$16,108,395
60$23,768,267$10,392,266$8,053,813$17,373,368
61$26,117,642$10,826,499$8,248,629$18,754,532
62$28,704,292$11,279,648$8,447,608$20,263,277
63$31,552,344$11,752,565$8,650,817$21,912,134
64$34,688,384$12,246,142$8,858,320$23,714,895
65$38,141,707$12,761,311$9,070,182$25,686,738
66$41,944,596$13,299,049$9,286,467$27,844,370
67$46,132,620$13,860,379$9,507,240$30,206,181
68$50,744,978$14,446,368$9,732,563$32,792,413
69$55,824,862$15,058,136$9,962,500$35,625,352
70$61,419,867$15,696,853$10,197,112$38,729,532
71$67,582,439$16,363,744$10,436,461$42,131,965
72$74,370,373$17,060,093$10,680,608$45,862,391
73$81,847,353$17,787,240$10,929,611$49,953,559
74$90,083,558$18,546,590$11,183,528$54,441,528
75$99,156,322$19,339,613$11,442,416$59,366,006
76$109,150,860$20,167,848$11,706,331$64,770,721
77$120,161,080$21,032,905$11,975,326$70,703,828
78$132,290,463$21,936,470$12,249,452$77,218,363
79$145,653,041$22,880,308$12,528,759$84,372,735
80$160,374,474$23,866,266$12,813,295$92,231,274
81$176,593,235$24,896,277$13,103,105$100,864,834
82$194,461,918$25,972,367$13,398,232$110,351,459
83$214,148,675$27,096,655$13,698,714$120,777,109
84$235,838,808$28,271,360$14,004,590$132,236,470
85$259,736,515$29,498,804$14,315,892$144,833,842
86$286,066,815$30,781,422$14,632,650$158,684,116
87$315,077,677$32,121,758$14,954,890$173,913,853
88$347,042,356$33,522,480$15,282,635$190,662,472
89$382,261,976$34,986,381$15,615,903$209,083,561
90$421,068,367$36,516,384$15,954,705$229,346,315
91$463,827,204$38,115,550$16,299,052$251,637,133
92$510,941,453$39,787,086$16,648,944$276,161,364
93$562,855,178$41,534,350$17,004,380$303,145,238
94$620,057,730$43,360,857$17,365,350$332,837,998
95$683,088,369$45,270,289$17,731,840$365,514,236
96$752,541,352$47,266,503$18,103,827$401,476,485
97$829,071,547$49,353,538$18,481,281$441,058,058
98$913,400,606$51,535,623$18,864,166$484,626,188
99$1,006,323,788$53,817,189$19,252,436$532,585,486
100$1,108,717,459$56,202,876$19,646,037$585,381,743