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

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 $5,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$454,185$450,139$446,192$442,340$438,578$429,723
2 years$224,844$220,656$216,598$212,663$208,847$199,964
3 years$148,407$144,201$140,153$136,255$132,501$123,868
4 years$110,196$106,003$101,996$98,164$94,501$86,184
5 years$87,275$83,108$79,153$75,400$71,838$63,861
6 years$72,000$67,864$63,967$60,298$56,843$49,214
7 years$61,093$56,992$53,157$49,574$46,229$38,950
8 years$52,917$48,853$45,081$41,586$38,351$31,420
9 years$46,561$42,535$38,829$35,422$32,297$25,710
10 years$41,479$37,493$33,852$30,534$27,519$21,268
11 years$37,324$33,377$29,802$26,574$23,667$17,746
12 years$33,864$29,958$26,449$23,309$20,509$14,909
13 years$30,938$27,073$23,630$20,578$17,885$12,595
14 years$28,433$24,609$21,232$18,267$15,677$10,689
15 years$26,263$22,480$19,170$16,291$13,804$9,106
16 years$24,367$20,625$17,380$14,587$12,200$7,782
17 years$22,696$18,995$15,815$13,106$10,817$6,667
18 years$21,211$17,552$14,437$11,811$9,618$5,725
19 years$19,885$16,267$13,217$10,673$8,573$4,926
20 years$18,693$15,116$12,130$9,666$7,657$4,245
21 years$17,615$14,080$11,157$8,773$6,853$3,663
22 years$16,637$13,144$10,283$7,976$6,142$3,164
23 years$15,746$12,293$9,494$7,264$5,514$2,736
24 years$14,930$11,518$8,781$6,625$4,956$2,368
25 years$14,180$10,809$8,133$6,051$4,459$2,051
26 years$13,489$10,158$7,543$5,532$4,017$1,778
27 years$12,850$9,560$7,004$5,064$3,622$1,542
28 years$12,258$9,009$6,511$4,640$3,268$1,338
29 years$11,708$8,499$6,059$4,255$2,951$1,161
30 years$11,196$8,026$5,644$3,905$2,666$1,008
31 years$10,717$7,587$5,262$3,586$2,411$876
32 years$10,269$7,179$4,909$3,296$2,180$761
33 years$9,850$6,799$4,584$3,031$1,973$661
34 years$9,456$6,444$4,283$2,789$1,787$575
35 years$9,085$6,112$4,004$2,567$1,618$500
36 years$8,735$5,801$3,746$2,364$1,466$434
37 years$8,405$5,510$3,506$2,178$1,329$378
38 years$8,094$5,236$3,283$2,008$1,205$328
39 years$7,799$4,979$3,076$1,851$1,092$286
40 years$7,519$4,737$2,883$1,708$991$248
41 years$7,254$4,509$2,703$1,575$899$216
42 years$7,002$4,294$2,536$1,454$816$188
43 years$6,763$4,092$2,380$1,342$740$164
44 years$6,535$3,900$2,234$1,239$672$142
45 years$6,318$3,719$2,097$1,144$610$124
46 years$6,110$3,548$1,970$1,057$554$108
47 years$5,913$3,386$1,851$977$503$94
48 years$5,724$3,232$1,739$902$457$82
49 years$5,543$3,087$1,635$834$415$71
50 years$5,370$2,949$1,537$771$377$62

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 $5,717 every year, while hoping to spend $29,402 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: 82/10/8 Blend
44$5,500,000$5,500,000$5,500,000$5,500,000
45$6,066,897$5,775,397$5,690,147$6,558,053
46$6,654,437$6,027,108$5,849,484$7,131,948
47$7,300,921$6,290,167$6,013,172$7,757,355
48$8,012,329$6,565,100$6,181,328$8,443,049
49$8,795,253$6,852,456$6,354,069$9,195,051
50$9,656,953$7,152,811$6,531,515$10,019,995
51$10,605,432$7,466,768$6,713,789$10,925,185
52$11,649,504$7,794,958$6,901,020$11,918,662
53$12,798,885$8,138,042$7,093,335$13,009,287
54$14,064,278$8,496,713$7,290,869$14,206,815
55$15,457,478$8,871,696$7,493,757$15,521,993
56$16,991,482$9,263,750$7,702,139$16,966,655
57$18,680,611$9,673,672$7,916,158$18,553,837
58$20,540,645$10,102,293$8,135,961$20,297,900
59$22,588,972$10,550,487$8,361,697$22,214,661
60$24,844,754$11,019,168$8,593,521$24,321,542
61$27,329,105$11,509,293$8,831,590$26,637,737
62$30,065,290$12,021,865$9,076,065$29,184,389
63$33,078,948$12,557,934$9,327,111$31,984,788
64$36,398,329$13,118,602$9,584,898$35,064,594
65$40,054,565$13,705,019$9,849,598$38,452,072
66$44,081,960$14,318,395$10,121,389$42,178,365
67$48,518,318$14,959,994$10,400,453$46,277,779
68$53,405,294$15,631,141$10,686,976$50,788,111
69$58,788,791$16,333,225$10,981,148$55,751,004
70$64,719,395$17,067,700$11,283,163$61,212,335
71$71,252,845$17,836,089$11,593,221$67,222,651
72$78,450,568$18,639,990$11,911,527$73,837,643
73$86,380,252$19,481,076$12,238,288$81,118,670
74$95,116,487$20,361,097$12,573,720$89,133,337
75$104,741,469$21,281,892$12,918,040$97,956,130
76$115,345,777$22,245,382$13,271,473$107,669,120
77$127,029,226$23,253,586$13,634,247$118,362,734
78$139,901,809$24,308,614$14,006,596$130,136,608
79$154,084,737$25,412,680$14,388,761$143,100,526
80$169,711,582$26,568,102$14,780,986$157,375,451
81$186,929,536$27,777,312$15,183,522$173,094,669
82$205,900,804$29,042,856$15,596,625$190,405,042
83$226,804,131$30,367,401$16,020,557$209,468,395
84$249,836,494$31,753,744$16,455,587$230,463,038
85$275,214,955$33,204,817$16,901,988$253,585,449
86$303,178,715$34,723,688$17,360,040$279,052,124
87$333,991,373$36,313,577$17,830,029$307,101,623
88$367,943,407$37,977,856$18,312,249$337,996,812
89$405,354,923$39,720,060$18,806,998$372,027,348
90$446,578,674$41,543,892$19,314,582$409,512,407
91$492,003,391$43,453,235$19,835,312$450,803,694
92$542,057,450$45,452,157$20,369,509$496,288,761
93$597,212,919$47,544,922$20,917,497$546,394,662
94$657,990,013$49,735,999$21,479,609$601,591,981
95$724,962,004$52,030,072$22,056,185$662,399,268
96$798,760,633$54,432,051$22,647,572$729,387,936
97$880,082,077$56,947,080$23,254,125$803,187,646
98$969,693,515$59,580,554$23,876,205$884,492,248
99$1,068,440,377$62,338,124$24,514,181$974,066,330
100$1,177,254,319$65,225,716$25,168,430$1,072,752,428