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%11.1%
1 years$470,701$466,508$462,417$458,425$454,526$452,420
2 years$233,020$228,680$224,474$220,396$216,441$214,316
3 years$153,804$149,445$145,250$141,210$137,319$135,240
4 years$114,203$109,858$105,705$101,734$97,937$95,920
5 years$90,449$86,130$82,031$78,141$74,450$72,501
6 years$74,618$70,332$66,293$62,490$58,910$57,031
7 years$63,315$59,064$55,090$51,377$47,910$46,102
8 years$54,841$50,629$46,721$43,099$39,746$38,010
9 years$48,254$44,082$40,241$36,711$33,472$31,807
10 years$42,987$38,856$35,083$31,645$28,519$26,925
11 years$38,681$34,591$30,886$27,540$24,528$23,003
12 years$35,095$31,047$27,411$24,157$21,255$19,799
13 years$32,063$28,058$24,490$21,327$18,535$17,145
14 years$29,467$25,504$22,004$18,931$16,248$14,923
15 years$27,218$23,298$19,867$16,884$14,306$13,045
16 years$25,253$21,375$18,012$15,117$12,643$11,445
17 years$23,521$19,686$16,390$13,583$11,210$10,072
18 years$21,983$18,191$14,962$12,241$9,968$8,888
19 years$20,608$16,859$13,697$11,061$8,885$7,861
20 years$19,372$15,666$12,571$10,018$7,936$6,966
21 years$18,256$14,592$11,563$9,092$7,102$6,185
22 years$17,242$13,621$10,657$8,266$6,366$5,499
23 years$16,318$12,740$9,840$7,528$5,714$4,896
24 years$15,472$11,936$9,100$6,866$5,136$4,364
25 years$14,695$11,202$8,428$6,271$4,622$3,894
26 years$13,979$10,528$7,817$5,734$4,163$3,478
27 years$13,318$9,908$7,259$5,248$3,753$3,109
28 years$12,704$9,336$6,748$4,808$3,387$2,782
29 years$12,134$8,808$6,279$4,409$3,058$2,490
30 years$11,603$8,318$5,849$4,047$2,763$2,230
31 years$11,107$7,863$5,453$3,717$2,498$1,998
32 years$10,643$7,440$5,088$3,416$2,260$1,792
33 years$10,208$7,046$4,750$3,141$2,045$1,607
34 years$9,799$6,678$4,438$2,890$1,852$1,442
35 years$9,415$6,334$4,150$2,660$1,677$1,294
36 years$9,053$6,012$3,882$2,450$1,520$1,162
37 years$8,711$5,710$3,633$2,257$1,377$1,043
38 years$8,388$5,426$3,403$2,081$1,249$937
39 years$8,082$5,160$3,188$1,919$1,132$842
40 years$7,793$4,909$2,988$1,770$1,027$756
41 years$7,518$4,673$2,802$1,633$932$680
42 years$7,257$4,451$2,628$1,507$845$611
43 years$7,009$4,241$2,466$1,391$767$549
44 years$6,772$4,042$2,315$1,284$696$494
45 years$6,547$3,855$2,174$1,186$632$444
46 years$6,333$3,677$2,042$1,096$574$399
47 years$6,128$3,509$1,918$1,012$521$359
48 years$5,932$3,350$1,802$935$473$323
49 years$5,744$3,199$1,694$864$430$291
50 years$5,565$3,056$1,593$799$391$261

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 $2,099 every year, while hoping to spend $29,000 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: 58/25/17 Blend
44$5,700,000$5,700,000$5,700,000$5,700,000
45$6,283,565$5,981,465$5,893,115$6,620,067
46$6,893,633$6,243,701$6,059,679$7,110,579
47$7,564,956$6,517,815$6,230,850$7,641,697
48$8,303,751$6,804,357$6,406,753$8,220,034
49$9,116,869$7,103,906$6,587,515$8,850,142
50$10,011,859$7,417,067$6,773,266$9,537,028
51$10,997,037$7,744,471$6,964,139$10,286,196
52$12,081,568$8,086,784$7,160,271$11,103,704
53$13,275,551$8,444,699$7,361,803$11,996,211
54$14,590,112$8,818,944$7,568,878$12,971,047
55$16,037,513$9,210,282$7,781,645$14,036,274
56$17,631,264$9,619,511$8,000,255$15,200,764
57$19,386,252$10,047,466$8,224,862$16,474,278
58$21,318,881$10,495,024$8,455,627$17,867,559
59$23,447,229$10,963,102$8,692,713$19,392,431
60$25,791,214$11,452,661$8,936,286$21,061,906
61$28,372,784$11,964,708$9,186,518$22,890,307
62$31,216,127$12,500,298$9,443,586$24,893,402
63$34,347,895$13,060,535$9,707,668$27,088,546
64$37,797,456$13,646,577$9,978,951$29,494,847
65$41,597,174$14,259,637$10,257,623$32,133,341
66$45,782,711$14,900,984$10,543,879$35,027,191
67$50,393,365$15,571,951$10,837,917$38,201,899
68$55,472,442$16,273,930$11,139,941$41,685,543
69$61,067,662$17,008,383$11,450,159$45,509,046
70$67,231,611$17,776,841$11,768,787$49,706,458
71$74,022,236$18,580,907$12,096,042$54,315,276
72$81,503,395$19,422,262$12,432,150$59,376,794
73$89,745,455$20,302,667$12,777,341$64,936,491
74$98,825,960$21,223,966$13,131,850$71,044,456
75$108,830,360$22,188,092$13,495,919$77,755,854
76$119,852,819$23,197,072$13,869,796$85,131,446
77$131,997,105$24,253,026$14,253,732$93,238,158
78$145,377,566$25,358,181$14,647,988$102,149,705
79$160,120,212$26,514,866$15,052,830$111,947,286
80$176,363,903$27,725,524$15,468,529$122,720,343
81$194,261,660$28,992,713$15,895,364$134,567,402
82$213,982,111$30,319,118$16,333,620$147,596,996
83$235,711,079$31,707,547$16,783,589$161,928,686
84$259,653,340$33,160,948$17,245,570$177,694,179
85$286,034,553$34,682,407$17,719,869$195,038,573
86$315,103,392$36,275,159$18,206,799$214,121,714
87$347,133,892$37,942,596$18,706,681$235,119,700
88$382,428,036$39,688,271$19,219,842$258,226,535
89$421,318,608$41,515,908$19,746,618$283,655,958
90$464,172,329$43,429,410$20,287,354$311,643,448
91$511,393,326$45,432,871$20,842,399$342,448,439
92$563,426,939$47,530,576$21,412,114$376,356,766
93$620,763,934$49,727,021$21,996,866$413,683,347
94$683,945,127$52,026,916$22,597,033$454,775,154
95$753,566,494$54,435,199$23,212,998$500,014,473
96$830,284,798$56,957,046$23,845,155$549,822,508
97$914,823,787$59,597,880$24,493,907$604,663,343
98$1,007,981,025$62,363,389$25,159,665$665,048,313
99$1,110,635,426$65,259,531$25,842,850$731,540,821
100$1,223,755,547$68,292,555$26,543,893$804,761,646