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

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$470,701$466,508$462,417$458,425$454,526$447,364
2 years$233,020$228,680$224,474$220,396$216,441$209,244
3 years$153,804$149,445$145,250$141,210$137,319$130,311
4 years$114,203$109,858$105,705$101,734$97,937$91,172
5 years$90,449$86,130$82,031$78,141$74,450$67,948
6 years$74,618$70,332$66,293$62,490$58,910$52,677
7 years$63,315$59,064$55,090$51,377$47,910$41,949
8 years$54,841$50,629$46,721$43,099$39,746$34,056
9 years$48,254$44,082$40,241$36,711$33,472$28,050
10 years$42,987$38,856$35,083$31,645$28,519$23,361
11 years$38,681$34,591$30,886$27,540$24,528$19,628
12 years$35,095$31,047$27,411$24,157$21,255$16,607
13 years$32,063$28,058$24,490$21,327$18,535$14,132
14 years$29,467$25,504$22,004$18,931$16,248$12,083
15 years$27,218$23,298$19,867$16,884$14,306$10,372
16 years$25,253$21,375$18,012$15,117$12,643$8,932
17 years$23,521$19,686$16,390$13,583$11,210$7,714
18 years$21,983$18,191$14,962$12,241$9,968$6,677
19 years$20,608$16,859$13,697$11,061$8,885$5,791
20 years$19,372$15,666$12,571$10,018$7,936$5,032
21 years$18,256$14,592$11,563$9,092$7,102$4,378
22 years$17,242$13,621$10,657$8,266$6,366$3,815
23 years$16,318$12,740$9,840$7,528$5,714$3,327
24 years$15,472$11,936$9,100$6,866$5,136$2,905
25 years$14,695$11,202$8,428$6,271$4,622$2,538
26 years$13,979$10,528$7,817$5,734$4,163$2,219
27 years$13,318$9,908$7,259$5,248$3,753$1,942
28 years$12,704$9,336$6,748$4,808$3,387$1,700
29 years$12,134$8,808$6,279$4,409$3,058$1,489
30 years$11,603$8,318$5,849$4,047$2,763$1,304
31 years$11,107$7,863$5,453$3,717$2,498$1,143
32 years$10,643$7,440$5,088$3,416$2,260$1,002
33 years$10,208$7,046$4,750$3,141$2,045$879
34 years$9,799$6,678$4,438$2,890$1,852$771
35 years$9,415$6,334$4,150$2,660$1,677$677
36 years$9,053$6,012$3,882$2,450$1,520$594
37 years$8,711$5,710$3,633$2,257$1,377$521
38 years$8,388$5,426$3,403$2,081$1,249$457
39 years$8,082$5,160$3,188$1,919$1,132$402
40 years$7,793$4,909$2,988$1,770$1,027$353
41 years$7,518$4,673$2,802$1,633$932$310
42 years$7,257$4,451$2,628$1,507$845$272
43 years$7,009$4,241$2,466$1,391$767$239
44 years$6,772$4,042$2,315$1,284$696$210
45 years$6,547$3,855$2,174$1,186$632$184
46 years$6,333$3,677$2,042$1,096$574$162
47 years$6,128$3,509$1,918$1,012$521$142
48 years$5,932$3,350$1,802$935$473$125
49 years$5,744$3,199$1,694$864$430$110
50 years$5,565$3,056$1,593$799$391$96

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 $2,963 every year, while hoping to spend $36,479 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: 37/38/25 Blend
44$5,700,000$5,700,000$5,700,000$5,700,000
45$6,284,456$5,982,356$5,894,006$6,469,777
46$6,886,658$6,236,678$6,052,642$6,860,394
47$7,549,061$6,502,240$6,215,370$7,278,465
48$8,277,768$6,779,552$6,382,287$7,729,339
49$9,079,502$7,069,152$6,553,496$8,215,999
50$9,961,671$7,371,601$6,729,098$8,741,715
51$10,932,438$7,687,486$6,909,199$9,310,076
52$12,000,795$8,017,421$7,093,906$9,925,023
53$13,176,652$8,362,050$7,283,327$10,590,880
54$14,470,927$8,722,047$7,477,575$11,312,397
55$15,895,651$9,098,117$7,676,764$12,094,790
56$17,464,081$9,490,998$7,881,009$12,943,788
57$19,190,823$9,901,463$8,090,429$13,865,686
58$21,091,974$10,330,322$8,305,145$14,867,401
59$23,185,268$10,778,420$8,525,280$15,956,534
60$25,490,248$11,246,646$8,750,960$17,141,440
61$28,028,449$11,735,927$8,982,312$18,431,301
62$30,823,599$12,247,236$9,219,469$19,836,215
63$33,901,847$12,781,591$9,462,561$21,367,283
64$37,292,005$13,340,058$9,711,726$23,036,714
65$41,025,821$13,923,753$9,967,101$24,857,934
66$45,138,284$14,533,846$10,228,828$26,845,711
67$49,667,944$15,171,559$10,497,049$29,016,288
68$54,657,284$15,838,176$10,771,910$31,387,538
69$60,153,118$16,535,037$11,053,560$33,979,120
70$66,207,032$17,263,550$11,342,150$36,812,669
71$72,875,872$18,025,187$11,637,835$39,911,989
72$80,222,278$18,821,488$11,940,770$43,303,277
73$88,315,280$19,654,071$12,251,115$47,015,365
74$97,230,943$20,524,625$12,569,032$51,079,982
75$107,053,091$21,434,922$12,894,685$55,532,057
76$117,874,091$22,386,819$13,228,243$60,410,034
77$129,795,734$23,382,259$13,569,875$65,756,237
78$142,930,187$24,423,277$13,919,753$71,617,256
79$157,401,056$25,512,008$14,278,055$78,044,387
80$173,344,551$26,650,683$14,644,957$85,094,105
81$190,910,773$27,841,644$15,020,640$92,828,592
82$210,265,129$29,087,342$15,405,289$101,316,316
83$231,589,896$30,390,346$15,799,090$110,632,669
84$255,085,937$31,753,344$16,202,231$120,860,674
85$280,974,601$33,179,157$16,614,905$132,091,758
86$309,499,811$34,670,736$17,037,305$144,426,603
87$340,930,365$36,231,176$17,469,628$157,976,094
88$375,562,475$37,863,716$17,912,073$172,862,353
89$413,722,562$39,571,753$18,364,843$189,219,881
90$455,770,339$41,358,845$18,828,140$207,196,816
91$502,102,204$43,228,718$19,302,173$226,956,328
92$553,154,982$45,185,279$19,787,149$248,678,137
93$609,410,052$47,232,619$20,283,281$272,560,208
94$671,397,887$49,375,027$20,790,780$298,820,599
95$739,703,063$51,616,995$21,309,863$327,699,514
96$814,969,779$53,963,231$21,840,747$359,461,550
97$897,907,936$56,418,669$22,383,651$394,398,187
98$989,299,838$58,988,476$22,938,796$432,830,518
99$1,090,007,581$61,678,072$23,506,406$475,112,273
100$1,200,981,188$64,493,130$24,086,704$521,633,134