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%19.2%
1 years$470,701$466,508$462,417$458,425$454,526$437,703
2 years$233,020$228,680$224,474$220,396$216,441$199,682
3 years$153,804$149,445$145,250$141,210$137,319$121,151
4 years$114,203$109,858$105,705$101,734$97,937$82,484
5 years$90,449$86,130$82,031$78,141$74,450$59,752
6 years$74,618$70,332$66,293$62,490$58,910$44,976
7 years$63,315$59,064$55,090$51,377$47,910$34,737
8 years$54,841$50,629$46,721$43,099$39,746$27,323
9 years$48,254$44,082$40,241$36,711$33,472$21,781
10 years$42,987$38,856$35,083$31,645$28,519$17,541
11 years$38,681$34,591$30,886$27,540$24,528$14,237
12 years$35,095$31,047$27,411$24,157$21,255$11,626
13 years$32,063$28,058$24,490$21,327$18,535$9,541
14 years$29,467$25,504$22,004$18,931$16,248$7,860
15 years$27,218$23,298$19,867$16,884$14,306$6,496
16 years$25,253$21,375$18,012$15,117$12,643$5,383
17 years$23,521$19,686$16,390$13,583$11,210$4,470
18 years$21,983$18,191$14,962$12,241$9,968$3,718
19 years$20,608$16,859$13,697$11,061$8,885$3,097
20 years$19,372$15,666$12,571$10,018$7,936$2,583
21 years$18,256$14,592$11,563$9,092$7,102$2,156
22 years$17,242$13,621$10,657$8,266$6,366$1,801
23 years$16,318$12,740$9,840$7,528$5,714$1,506
24 years$15,472$11,936$9,100$6,866$5,136$1,260
25 years$14,695$11,202$8,428$6,271$4,622$1,054
26 years$13,979$10,528$7,817$5,734$4,163$883
27 years$13,318$9,908$7,259$5,248$3,753$739
28 years$12,704$9,336$6,748$4,808$3,387$619
29 years$12,134$8,808$6,279$4,409$3,058$519
30 years$11,603$8,318$5,849$4,047$2,763$435
31 years$11,107$7,863$5,453$3,717$2,498$365
32 years$10,643$7,440$5,088$3,416$2,260$306
33 years$10,208$7,046$4,750$3,141$2,045$256
34 years$9,799$6,678$4,438$2,890$1,852$215
35 years$9,415$6,334$4,150$2,660$1,677$180
36 years$9,053$6,012$3,882$2,450$1,520$151
37 years$8,711$5,710$3,633$2,257$1,377$127
38 years$8,388$5,426$3,403$2,081$1,249$106
39 years$8,082$5,160$3,188$1,919$1,132$89
40 years$7,793$4,909$2,988$1,770$1,027$75
41 years$7,518$4,673$2,802$1,633$932$63
42 years$7,257$4,451$2,628$1,507$845$53
43 years$7,009$4,241$2,466$1,391$767$44
44 years$6,772$4,042$2,315$1,284$696$37
45 years$6,547$3,855$2,174$1,186$632$31
46 years$6,333$3,677$2,042$1,096$574$26
47 years$6,128$3,509$1,918$1,012$521$22
48 years$5,932$3,350$1,802$935$473$18
49 years$5,744$3,199$1,694$864$430$15
50 years$5,565$3,056$1,593$799$391$13

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 $4,807 every year, while hoping to spend $44,693 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: 37/34/29 Blend
44$5,700,000$5,700,000$5,700,000$5,700,000
45$6,286,358$5,984,258$5,895,908$6,464,320
46$6,880,014$6,229,934$6,045,868$6,842,311
47$7,532,724$6,486,150$6,199,354$7,245,928
48$8,250,466$6,753,375$6,356,436$7,681,067
49$9,039,824$7,032,101$6,517,187$8,150,612
50$9,908,052$7,322,840$6,681,679$8,657,724
51$10,863,144$7,626,130$6,849,986$9,205,878
52$11,913,906$7,942,531$7,022,182$9,798,885
53$13,070,042$8,272,632$7,198,342$10,440,935
54$14,342,242$8,617,047$7,378,542$11,136,629
55$15,742,286$8,976,419$7,562,859$11,891,022
56$17,283,156$9,351,419$7,751,371$12,709,671
57$18,979,151$9,742,752$7,944,155$13,598,680
58$20,846,031$10,151,153$8,141,291$14,564,761
59$22,901,159$10,577,393$8,342,857$15,615,294
60$25,163,668$11,022,276$8,548,934$16,758,390
61$27,654,642$11,486,647$8,759,603$18,002,970
62$30,397,309$11,971,386$8,974,943$19,358,846
63$33,417,268$12,477,418$9,195,037$20,836,809
64$36,742,725$13,005,707$9,419,966$22,448,727
65$40,404,760$13,557,264$9,649,813$24,207,661
66$44,437,623$14,133,148$9,884,659$26,127,975
67$48,879,053$14,734,464$10,124,588$28,225,478
68$53,770,636$15,362,372$10,369,681$30,517,563
69$59,158,196$16,018,084$10,620,020$33,023,374
70$65,092,231$16,702,869$10,875,690$35,763,977
71$71,628,384$17,418,055$11,136,771$38,762,558
72$78,827,972$18,165,032$11,403,346$42,044,640
73$86,758,564$18,945,257$11,675,496$45,638,317
74$95,494,614$19,760,252$11,953,303$49,574,515
75$105,118,173$20,611,612$12,236,846$53,887,282
76$115,719,652$21,501,007$12,526,206$58,614,103
77$127,398,684$22,430,184$12,821,461$63,796,247
78$140,265,060$23,400,973$13,122,690$69,479,159
79$154,439,765$24,415,289$13,429,969$75,712,874
80$170,056,121$25,475,138$13,743,373$82,552,492
81$187,261,046$26,582,621$14,062,977$90,058,689
82$206,216,438$27,739,934$14,388,852$98,298,282
83$227,100,705$28,949,382$14,721,069$107,344,858
84$250,110,448$30,213,373$15,059,696$117,279,460
85$275,462,318$31,534,432$15,404,800$128,191,345
86$303,395,057$32,915,202$15,756,443$140,178,820
87$334,171,756$34,358,450$16,114,688$153,350,164
88$368,082,337$35,867,076$16,479,591$167,824,640
89$405,446,286$37,444,113$16,851,208$183,733,615
90$446,615,674$39,092,741$17,229,590$201,221,793
91$491,978,476$40,816,289$17,614,785$220,448,567
92$541,962,236$42,618,243$18,006,836$241,589,521
93$597,038,101$44,502,254$18,405,782$264,838,076
94$657,725,270$46,472,147$18,811,658$290,407,304
95$724,595,892$48,531,926$19,224,493$318,531,931
96$798,280,471$50,685,789$19,644,312$349,470,542
97$879,473,815$52,938,128$20,071,132$383,508,013
98$968,941,594$55,293,547$20,504,965$420,958,182
99$1,067,527,573$57,756,867$20,945,818$462,166,809
100$1,176,161,571$60,333,139$21,393,688$507,514,819