Can I retire at age 45 with 5,500,000?

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 $5,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$454,185$450,139$446,192$442,340$438,578$422,848
2 years$224,844$220,656$216,598$212,663$208,847$193,170
3 years$148,407$144,201$140,153$136,255$132,501$117,369
4 years$110,196$106,003$101,996$98,164$94,501$80,030
5 years$87,275$83,108$79,153$75,400$71,838$58,066
6 years$72,000$67,864$63,967$60,298$56,843$43,780
7 years$61,093$56,992$53,157$49,574$46,229$33,871
8 years$52,917$48,853$45,081$41,586$38,351$26,689
9 years$46,561$42,535$38,829$35,422$32,297$21,315
10 years$41,479$37,493$33,852$30,534$27,519$17,198
11 years$37,324$33,377$29,802$26,574$23,667$13,986
12 years$33,864$29,958$26,449$23,309$20,509$11,444
13 years$30,938$27,073$23,630$20,578$17,885$9,411
14 years$28,433$24,609$21,232$18,267$15,677$7,770
15 years$26,263$22,480$19,170$16,291$13,804$6,435
16 years$24,367$20,625$17,380$14,587$12,200$5,344
17 years$22,696$18,995$15,815$13,106$10,817$4,447
18 years$21,211$17,552$14,437$11,811$9,618$3,707
19 years$19,885$16,267$13,217$10,673$8,573$3,095
20 years$18,693$15,116$12,130$9,666$7,657$2,587
21 years$17,615$14,080$11,157$8,773$6,853$2,165
22 years$16,637$13,144$10,283$7,976$6,142$1,813
23 years$15,746$12,293$9,494$7,264$5,514$1,519
24 years$14,930$11,518$8,781$6,625$4,956$1,274
25 years$14,180$10,809$8,133$6,051$4,459$1,069
26 years$13,489$10,158$7,543$5,532$4,017$897
27 years$12,850$9,560$7,004$5,064$3,622$753
28 years$12,258$9,009$6,511$4,640$3,268$632
29 years$11,708$8,499$6,059$4,255$2,951$531
30 years$11,196$8,026$5,644$3,905$2,666$446
31 years$10,717$7,587$5,262$3,586$2,411$375
32 years$10,269$7,179$4,909$3,296$2,180$315
33 years$9,850$6,799$4,584$3,031$1,973$265
34 years$9,456$6,444$4,283$2,789$1,787$223
35 years$9,085$6,112$4,004$2,567$1,618$187
36 years$8,735$5,801$3,746$2,364$1,466$157
37 years$8,405$5,510$3,506$2,178$1,329$132
38 years$8,094$5,236$3,283$2,008$1,205$111
39 years$7,799$4,979$3,076$1,851$1,092$94
40 years$7,519$4,737$2,883$1,708$991$79
41 years$7,254$4,509$2,703$1,575$899$66
42 years$7,002$4,294$2,536$1,454$816$56
43 years$6,763$4,092$2,380$1,342$740$47
44 years$6,535$3,900$2,234$1,239$672$39
45 years$6,318$3,719$2,097$1,144$610$33
46 years$6,110$3,548$1,970$1,057$554$28
47 years$5,913$3,386$1,851$977$503$23
48 years$5,724$3,232$1,739$902$457$20
49 years$5,543$3,087$1,635$834$415$17
50 years$5,370$2,949$1,537$771$377$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,500,000, adding $4,792 every year, while hoping to spend $56,643 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: 42/34/24 Blend
44$5,500,000$5,500,000$5,500,000$5,500,000
45$6,065,943$5,774,443$5,689,193$6,277,887
46$6,624,401$5,997,123$5,819,513$6,652,514
47$7,237,924$6,228,816$5,952,301$7,052,178
48$7,912,068$6,469,903$6,087,578$7,483,871
49$8,652,955$6,720,784$6,225,368$7,950,576
50$9,467,328$6,981,875$6,365,690$8,455,568
51$10,362,619$7,253,610$6,508,564$9,002,444
52$11,347,012$7,536,443$6,654,007$9,595,162
53$12,429,527$7,830,848$6,802,035$10,238,067
54$13,620,099$8,137,320$6,952,664$10,935,939
55$14,929,677$8,456,376$7,105,906$11,694,033
56$16,370,322$8,788,557$7,261,772$12,518,127
57$17,955,324$9,134,425$7,420,270$13,414,575
58$19,699,326$9,494,571$7,581,408$14,390,368
59$21,618,461$9,869,610$7,745,190$15,453,192
60$23,730,508$10,260,184$7,911,617$16,611,507
61$26,055,052$10,666,966$8,080,689$17,874,616
62$28,613,677$11,090,657$8,252,402$19,252,760
63$31,430,164$11,531,990$8,426,749$20,757,204
64$34,530,716$11,991,733$8,603,720$22,400,348
65$37,944,206$12,470,685$8,783,302$24,195,839
66$41,702,450$12,969,684$8,965,478$26,158,696
67$45,840,506$13,489,604$9,150,227$28,305,451
68$50,397,001$14,031,358$9,337,523$30,654,305
69$55,414,503$14,595,903$9,527,338$33,225,291
70$60,939,916$15,184,236$9,719,638$36,040,468
71$67,024,925$15,797,401$9,914,383$39,124,119
72$73,726,482$16,436,488$10,111,530$42,502,984
73$81,107,347$17,102,640$10,311,029$46,206,504
74$89,236,674$17,797,046$10,512,826$50,267,098
75$98,190,667$18,520,955$10,716,859$54,720,468
76$108,053,302$19,275,668$10,923,060$59,605,927
77$118,917,112$20,062,548$11,131,356$64,966,772
78$130,884,065$20,883,021$11,341,664$70,850,686
79$144,066,525$21,738,575$11,553,895$77,310,186
80$158,588,314$22,630,768$11,767,954$84,403,112
81$174,585,875$23,561,229$11,983,734$92,193,172
82$192,209,567$24,531,662$12,201,121$100,750,537
83$211,625,077$25,543,848$12,419,993$110,152,498
84$233,014,989$26,599,650$12,640,217$120,484,196
85$256,580,502$27,701,017$12,861,649$131,839,412
86$282,543,335$28,849,988$13,084,135$144,321,456
87$311,147,812$30,048,695$13,307,510$158,044,133
88$342,663,175$31,299,367$13,531,598$173,132,808
89$377,386,121$32,604,338$13,756,209$189,725,592
90$415,643,604$33,966,049$13,981,140$207,974,632
91$457,795,919$35,387,053$14,206,176$228,047,544
92$504,240,105$36,870,021$14,431,086$250,128,991
93$555,413,692$38,417,748$14,655,623$274,422,414
94$611,798,829$40,033,159$14,879,527$301,151,951
95$673,926,838$41,719,312$15,102,519$330,564,542
96$742,383,226$43,479,409$15,324,305$362,932,250
97$817,813,215$45,316,800$15,544,569$398,554,829
98$900,927,831$47,234,991$15,762,980$437,762,538
99$992,510,613$49,237,649$15,979,183$480,919,252
100$1,093,425,017$51,328,615$16,192,807$528,425,888