Can I retire at age 45 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$470,701$466,508$462,417$458,425$454,526$451,661
2 years$233,020$228,680$224,474$220,396$216,441$213,552
3 years$153,804$149,445$145,250$141,210$137,319$134,494
4 years$114,203$109,858$105,705$101,734$97,937$95,198
5 years$90,449$86,130$82,031$78,141$74,450$71,806
6 years$74,618$70,332$66,293$62,490$58,910$56,363
7 years$63,315$59,064$55,090$51,377$47,910$45,462
8 years$54,841$50,629$46,721$43,099$39,746$37,397
9 years$48,254$44,082$40,241$36,711$33,472$31,222
10 years$42,987$38,856$35,083$31,645$28,519$26,367
11 years$38,681$34,591$30,886$27,540$24,528$22,471
12 years$35,095$31,047$27,411$24,157$21,255$19,292
13 years$32,063$28,058$24,490$21,327$18,535$16,664
14 years$29,467$25,504$22,004$18,931$16,248$14,467
15 years$27,218$23,298$19,867$16,884$14,306$12,612
16 years$25,253$21,375$18,012$15,117$12,643$11,035
17 years$23,521$19,686$16,390$13,583$11,210$9,685
18 years$21,983$18,191$14,962$12,241$9,968$8,522
19 years$20,608$16,859$13,697$11,061$8,885$7,516
20 years$19,372$15,666$12,571$10,018$7,936$6,642
21 years$18,256$14,592$11,563$9,092$7,102$5,879
22 years$17,242$13,621$10,657$8,266$6,366$5,212
23 years$16,318$12,740$9,840$7,528$5,714$4,626
24 years$15,472$11,936$9,100$6,866$5,136$4,111
25 years$14,695$11,202$8,428$6,271$4,622$3,658
26 years$13,979$10,528$7,817$5,734$4,163$3,257
27 years$13,318$9,908$7,259$5,248$3,753$2,902
28 years$12,704$9,336$6,748$4,808$3,387$2,588
29 years$12,134$8,808$6,279$4,409$3,058$2,309
30 years$11,603$8,318$5,849$4,047$2,763$2,061
31 years$11,107$7,863$5,453$3,717$2,498$1,841
32 years$10,643$7,440$5,088$3,416$2,260$1,645
33 years$10,208$7,046$4,750$3,141$2,045$1,471
34 years$9,799$6,678$4,438$2,890$1,852$1,315
35 years$9,415$6,334$4,150$2,660$1,677$1,177
36 years$9,053$6,012$3,882$2,450$1,520$1,053
37 years$8,711$5,710$3,633$2,257$1,377$942
38 years$8,388$5,426$3,403$2,081$1,249$843
39 years$8,082$5,160$3,188$1,919$1,132$755
40 years$7,793$4,909$2,988$1,770$1,027$676
41 years$7,518$4,673$2,802$1,633$932$606
42 years$7,257$4,451$2,628$1,507$845$543
43 years$7,009$4,241$2,466$1,391$767$486
44 years$6,772$4,042$2,315$1,284$696$436
45 years$6,547$3,855$2,174$1,186$632$390
46 years$6,333$3,677$2,042$1,096$574$350
47 years$6,128$3,509$1,918$1,012$521$313
48 years$5,932$3,350$1,802$935$473$281
49 years$5,744$3,199$1,694$864$430$252
50 years$5,565$3,056$1,593$799$391$226

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,700,000, adding $5,869 every year, while hoping to spend $32,156 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: 54/28/18 Blend
44$5,700,000$5,700,000$5,700,000$5,700,000
45$6,287,454$5,985,354$5,897,004$6,596,123
46$6,894,560$6,244,422$6,060,340$7,066,892
47$7,562,514$6,515,108$6,228,070$7,575,167
48$8,297,487$6,797,945$6,400,307$8,127,734
49$9,106,281$7,093,494$6,577,167$8,728,827
50$9,996,389$7,402,343$6,758,770$9,383,100
51$10,976,068$7,725,105$6,945,236$10,095,668
52$12,054,416$8,062,424$7,136,690$10,872,159
53$13,241,457$8,414,973$7,333,260$11,718,759
54$14,548,237$8,783,458$7,535,075$12,642,274
55$15,986,928$9,168,618$7,742,271$13,650,187
56$17,570,940$9,571,226$7,954,982$14,750,732
57$19,315,052$9,992,092$8,173,350$15,952,968
58$21,235,547$10,432,065$8,397,517$17,266,860
59$23,350,369$10,892,032$8,627,631$18,703,375
60$25,679,290$11,372,925$8,863,840$20,274,580
61$28,244,098$11,875,718$9,106,298$21,993,755
62$31,068,799$12,401,432$9,355,163$23,875,516
63$34,179,850$12,951,136$9,610,594$25,935,949
64$37,606,403$13,525,949$9,872,757$28,192,763
65$41,380,580$14,127,044$10,141,818$30,665,448
66$45,537,780$14,755,651$10,417,950$33,375,464
67$50,117,011$15,413,055$10,701,329$36,346,432
68$55,161,256$16,100,605$10,992,134$39,604,362
69$60,717,882$16,819,712$11,290,548$43,177,889
70$66,839,085$17,571,857$11,596,760$47,098,543
71$73,582,381$18,358,588$11,910,961$51,401,043
72$81,011,154$19,181,528$12,233,348$56,123,620
73$89,195,247$20,042,379$12,564,121$61,308,374
74$98,211,628$20,942,921$12,903,485$67,001,667
75$108,145,112$21,885,022$13,251,649$73,254,560
76$119,089,162$22,870,637$13,608,828$80,123,284
77$131,146,772$23,901,814$13,975,239$87,669,772
78$144,431,440$24,980,700$14,351,107$95,962,236
79$159,068,236$26,109,543$14,736,658$105,075,806
80$175,194,987$27,290,701$15,132,127$115,093,236
81$192,963,572$28,526,642$15,537,750$126,105,676
82$212,541,362$29,819,953$15,953,770$138,213,530
83$234,112,795$31,173,345$16,380,435$151,527,395
84$257,881,119$32,589,658$16,817,999$166,169,103
85$284,070,310$34,071,868$17,266,718$182,272,858
86$312,927,185$35,623,093$17,726,858$199,986,504
87$344,723,736$37,246,603$18,198,685$219,472,905
88$379,759,691$38,945,820$18,682,475$240,911,483
89$418,365,349$40,724,335$19,178,507$264,499,896
90$460,904,694$42,585,907$19,687,067$290,455,904
91$507,778,834$44,534,477$20,208,445$319,019,409
92$559,429,785$46,574,176$20,742,937$350,454,715
93$616,344,644$48,709,332$21,290,847$385,053,011
94$679,060,190$50,944,481$21,852,482$423,135,113
95$748,167,945$53,284,376$22,428,156$465,054,480
96$824,319,765$55,734,001$23,018,189$511,200,541
97$908,233,989$58,298,575$23,622,906$562,002,360
98$1,000,702,223$60,983,572$24,242,641$617,932,676
99$1,102,596,811$63,794,728$24,877,730$679,512,349
100$1,214,879,069$66,738,054$25,528,518$747,315,273