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%12.2%
1 years$454,185$450,139$446,192$442,340$438,578$434,540
2 years$224,844$220,656$216,598$212,663$208,847$204,779
3 years$148,407$144,201$140,153$136,255$132,501$128,529
4 years$110,196$106,003$101,996$98,164$94,501$90,655
5 years$87,275$83,108$79,153$75,400$71,838$68,130
6 years$72,000$67,864$63,967$60,298$56,843$53,277
7 years$61,093$56,992$53,157$49,574$46,229$42,806
8 years$52,917$48,853$45,081$41,586$38,351$35,072
9 years$46,561$42,535$38,829$35,422$32,297$29,161
10 years$41,479$37,493$33,852$30,534$27,519$24,524
11 years$37,324$33,377$29,802$26,574$23,667$20,810
12 years$33,864$29,958$26,449$23,309$20,509$17,788
13 years$30,938$27,073$23,630$20,578$17,885$15,296
14 years$28,433$24,609$21,232$18,267$15,677$13,218
15 years$26,263$22,480$19,170$16,291$13,804$11,470
16 years$24,367$20,625$17,380$14,587$12,200$9,988
17 years$22,696$18,995$15,815$13,106$10,817$8,723
18 years$21,211$17,552$14,437$11,811$9,618$7,638
19 years$19,885$16,267$13,217$10,673$8,573$6,702
20 years$18,693$15,116$12,130$9,666$7,657$5,893
21 years$17,615$14,080$11,157$8,773$6,853$5,189
22 years$16,637$13,144$10,283$7,976$6,142$4,576
23 years$15,746$12,293$9,494$7,264$5,514$4,041
24 years$14,930$11,518$8,781$6,625$4,956$3,572
25 years$14,180$10,809$8,133$6,051$4,459$3,160
26 years$13,489$10,158$7,543$5,532$4,017$2,798
27 years$12,850$9,560$7,004$5,064$3,622$2,480
28 years$12,258$9,009$6,511$4,640$3,268$2,199
29 years$11,708$8,499$6,059$4,255$2,951$1,951
30 years$11,196$8,026$5,644$3,905$2,666$1,732
31 years$10,717$7,587$5,262$3,586$2,411$1,538
32 years$10,269$7,179$4,909$3,296$2,180$1,367
33 years$9,850$6,799$4,584$3,031$1,973$1,215
34 years$9,456$6,444$4,283$2,789$1,787$1,080
35 years$9,085$6,112$4,004$2,567$1,618$960
36 years$8,735$5,801$3,746$2,364$1,466$854
37 years$8,405$5,510$3,506$2,178$1,329$760
38 years$8,094$5,236$3,283$2,008$1,205$676
39 years$7,799$4,979$3,076$1,851$1,092$602
40 years$7,519$4,737$2,883$1,708$991$536
41 years$7,254$4,509$2,703$1,575$899$477
42 years$7,002$4,294$2,536$1,454$816$425
43 years$6,763$4,092$2,380$1,342$740$378
44 years$6,535$3,900$2,234$1,239$672$337
45 years$6,318$3,719$2,097$1,144$610$300
46 years$6,110$3,548$1,970$1,057$554$267
47 years$5,913$3,386$1,851$977$503$238
48 years$5,724$3,232$1,739$902$457$212
49 years$5,543$3,087$1,635$834$415$189
50 years$5,370$2,949$1,537$771$377$168

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 $3,063 every year, while hoping to spend $42,929 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: 40/42/18 Blend
44$5,500,000$5,500,000$5,500,000$5,500,000
45$6,064,159$5,772,659$5,687,409$6,274,216
46$6,637,028$6,009,844$5,832,262$6,661,473
47$7,266,890$6,257,211$5,980,527$7,075,780
48$7,959,513$6,515,215$6,132,276$7,523,090
49$8,721,254$6,784,331$6,287,577$8,006,426
50$9,559,113$7,065,054$6,446,502$8,529,107
51$10,480,804$7,357,904$6,609,122$9,094,774
52$11,494,828$7,663,423$6,775,510$9,707,428
53$12,610,550$7,982,180$6,945,738$10,371,460
54$13,838,287$8,314,768$7,119,882$11,091,695
55$15,189,410$8,661,809$7,298,015$11,873,432
56$16,676,445$9,023,953$7,480,214$12,722,493
57$18,313,195$9,401,880$7,666,555$13,645,277
58$20,114,871$9,796,302$7,857,114$14,648,816
59$22,098,230$10,207,963$8,051,969$15,740,840
60$24,281,738$10,637,641$8,251,199$16,929,846
61$26,685,743$11,086,154$8,454,881$18,225,177
62$29,332,665$11,554,352$8,663,097$19,637,108
63$32,247,210$12,043,128$8,875,924$21,176,936
64$35,456,601$12,553,417$9,093,443$22,857,088
65$38,990,836$13,086,196$9,315,734$24,691,233
66$42,882,968$13,642,487$9,542,879$26,694,406
67$47,169,423$14,223,361$9,774,957$28,883,151
68$51,890,337$14,829,938$10,012,051$31,275,668
69$57,089,937$15,463,391$10,254,241$33,891,985
70$62,816,961$16,124,947$10,501,607$36,754,141
71$69,125,111$16,815,890$10,754,232$39,886,389
72$76,073,570$17,537,565$11,012,196$43,315,425
73$83,727,548$18,291,380$11,275,578$47,070,629
74$92,158,908$19,078,808$11,544,460$51,184,341
75$101,446,838$19,901,391$11,818,921$55,692,164
76$111,678,600$20,760,744$12,099,040$60,633,287
77$122,950,354$21,658,557$12,384,894$66,050,858
78$135,368,063$22,596,599$12,676,561$71,992,379
79$149,048,497$23,576,725$12,974,118$78,510,154
80$164,120,332$24,600,872$13,277,639$85,661,772
81$180,725,364$25,671,072$13,587,197$93,510,644
82$199,019,848$26,789,452$13,902,866$102,126,600
83$219,175,976$27,958,239$14,224,715$111,586,535
84$241,383,496$29,179,763$14,552,814$121,975,131
85$265,851,508$30,456,467$14,887,228$133,385,647
86$292,810,434$31,790,906$15,228,022$145,920,791
87$322,514,196$33,185,758$15,575,259$159,693,685
88$355,242,610$34,643,826$15,928,996$174,828,917
89$391,304,029$36,168,046$16,289,290$191,463,714
90$431,038,253$37,761,494$16,656,195$209,749,225
91$474,819,736$39,427,388$17,029,759$229,851,936
92$523,061,121$41,169,103$17,410,028$251,955,236
93$576,217,136$42,990,169$17,797,044$276,261,133
94$634,788,883$44,894,286$18,190,844$302,992,151
95$699,328,572$46,885,330$18,591,461$332,393,416
96$770,444,734$48,967,358$18,998,922$364,734,963
97$848,807,960$51,144,622$19,413,249$400,314,267
98$935,157,238$53,421,574$19,834,459$439,459,038
99$1,030,306,925$55,802,880$20,262,562$482,530,302
100$1,135,154,434$58,293,424$20,697,561$529,925,793