Can I retire at age 45 with 5,600,000?

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 $5,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$462,443$458,324$454,305$450,382$446,552$433,125
2 years$228,932$224,668$220,536$216,530$212,644$199,230
3 years$151,105$146,823$142,702$138,733$134,910$121,929
4 years$112,200$107,931$103,850$99,949$96,219$83,771
5 years$88,862$84,619$80,592$76,771$73,144$61,262
6 years$73,309$69,098$65,130$61,394$57,876$46,572
7 years$62,204$58,028$54,124$50,475$47,069$36,341
8 years$53,879$49,741$45,901$42,343$39,048$28,890
9 years$47,408$43,308$39,535$36,066$32,884$23,285
10 years$42,233$38,174$34,467$31,090$28,019$18,966
11 years$38,003$33,984$30,344$27,057$24,097$15,574
12 years$34,480$30,502$26,930$23,733$20,882$12,871
13 years$31,501$27,565$24,060$20,953$18,210$10,693
14 years$28,950$25,056$21,618$18,599$15,963$8,921
15 years$26,741$22,889$19,518$16,587$14,055$7,467
16 years$24,810$21,000$17,696$14,852$12,422$6,269
17 years$23,108$19,341$16,103$13,345$11,014$5,275
18 years$21,597$17,872$14,700$12,026$9,793$4,447
19 years$20,247$16,563$13,457$10,867$8,729$3,755
20 years$19,033$15,391$12,350$9,842$7,797$3,175
21 years$17,936$14,336$11,360$8,932$6,977$2,688
22 years$16,940$13,383$10,470$8,121$6,254$2,277
23 years$16,032$12,516$9,667$7,396$5,614$1,931
24 years$15,201$11,727$8,940$6,746$5,046$1,639
25 years$14,438$11,005$8,280$6,161$4,541$1,391
26 years$13,734$10,343$7,680$5,633$4,090$1,182
27 years$13,084$9,734$7,131$5,156$3,687$1,004
28 years$12,481$9,172$6,629$4,724$3,327$854
29 years$11,921$8,653$6,169$4,332$3,004$726
30 years$11,399$8,172$5,746$3,976$2,715$618
31 years$10,912$7,725$5,357$3,651$2,454$525
32 years$10,456$7,310$4,998$3,356$2,220$447
33 years$10,029$6,922$4,667$3,086$2,009$380
34 years$9,627$6,561$4,361$2,839$1,819$324
35 years$9,250$6,223$4,077$2,614$1,648$276
36 years$8,894$5,906$3,814$2,407$1,493$235
37 years$8,558$5,610$3,570$2,218$1,353$200
38 years$8,241$5,331$3,343$2,044$1,227$170
39 years$7,941$5,069$3,132$1,885$1,112$145
40 years$7,656$4,823$2,936$1,739$1,009$123
41 years$7,386$4,591$2,753$1,604$915$105
42 years$7,130$4,372$2,582$1,480$831$89
43 years$6,886$4,166$2,423$1,367$754$76
44 years$6,654$3,971$2,274$1,262$684$65
45 years$6,432$3,787$2,135$1,165$621$55
46 years$6,221$3,613$2,006$1,076$564$47
47 years$6,020$3,447$1,884$994$512$40
48 years$5,828$3,291$1,771$919$465$34
49 years$5,644$3,143$1,664$849$422$29
50 years$5,468$3,002$1,565$785$384$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,600,000, adding $2,749 every year, while hoping to spend $48,267 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: 61/32/7 Blend
44$5,600,000$5,600,000$5,600,000$5,600,000
45$6,174,036$5,877,236$5,790,436$6,541,862
46$6,752,432$6,113,864$5,933,059$7,024,770
47$7,388,206$6,360,470$6,078,844$7,545,607
48$8,087,161$6,617,491$6,227,843$8,112,649
49$8,855,688$6,885,385$6,380,112$8,730,349
50$9,700,830$7,164,630$6,535,707$9,403,606
51$10,630,344$7,455,727$6,694,683$10,137,808
52$11,652,780$7,759,198$6,857,096$10,938,880
53$12,777,556$8,075,591$7,023,001$11,813,342
54$14,015,049$8,405,478$7,192,454$12,768,366
55$15,376,693$8,749,455$7,365,510$13,811,843
56$16,875,086$9,108,149$7,542,225$14,952,456
57$18,524,109$9,482,213$7,722,654$16,199,758
58$20,339,058$9,872,330$7,906,852$17,564,266
59$22,336,784$10,279,217$8,094,874$19,057,551
60$24,535,857$10,703,619$8,286,773$20,692,353
61$26,956,738$11,146,320$8,482,604$22,482,691
62$29,621,973$11,608,138$8,682,419$24,444,001
63$32,556,405$12,089,927$8,886,270$26,593,272
64$35,787,408$12,592,584$9,094,210$28,949,212
65$39,345,146$13,117,043$9,306,289$31,532,415
66$43,262,858$13,664,285$9,522,557$34,365,557
67$47,577,168$14,235,333$9,743,061$37,473,606
68$52,328,435$14,831,260$9,967,849$40,884,055
69$57,561,130$15,453,187$10,196,967$44,627,178
70$63,324,259$16,102,287$10,430,459$48,736,316
71$69,671,822$16,779,788$10,668,368$53,248,183
72$76,663,324$17,486,973$10,910,735$58,203,214
73$84,364,336$18,225,188$11,157,597$63,645,942
74$92,847,113$18,995,837$11,408,992$69,625,413
75$102,191,279$19,800,393$11,664,953$76,195,649
76$112,484,573$20,640,396$11,925,512$83,416,148
77$123,823,681$21,517,457$12,190,699$91,352,449
78$136,315,147$22,433,263$12,460,538$100,076,742
79$150,076,379$23,389,580$12,735,053$109,668,543
80$165,236,754$24,388,254$13,014,261$120,215,446
81$181,938,844$25,431,219$13,298,180$131,813,940
82$200,339,757$26,520,500$13,586,821$144,570,318
83$220,612,623$27,658,215$13,880,190$158,601,672
84$242,948,225$28,846,582$14,178,290$174,036,996
85$267,556,801$30,087,922$14,481,120$191,018,396
86$294,670,029$31,384,665$14,788,672$209,702,426
87$324,543,213$32,739,355$15,100,934$230,261,560
88$357,457,693$34,154,655$15,417,887$252,885,813
89$393,723,498$35,633,354$15,739,507$277,784,527
90$433,682,277$37,178,370$16,065,763$305,188,344
91$477,710,519$38,792,760$16,396,616$335,351,371
92$526,223,111$40,479,724$16,732,021$368,553,574
93$579,677,249$42,242,611$17,071,924$405,103,412
94$638,576,760$44,084,931$17,416,266$445,340,740
95$703,476,853$46,010,356$17,764,974$489,640,010
96$774,989,361$48,022,732$18,117,969$538,413,793
97$853,788,518$50,126,088$18,475,163$592,116,670
98$940,617,321$52,324,641$18,836,456$651,249,507
99$1,036,294,547$54,622,807$19,201,736$716,364,178
100$1,141,722,479$57,025,213$19,570,883$788,068,760