Can I retire at age 45 with 5,800,000?

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 $5,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$478,959$474,692$470,530$466,467$462,500$448,955
2 years$237,108$232,692$228,413$224,263$220,238$206,701
3 years$156,502$152,067$147,798$143,688$139,728$126,624
4 years$116,207$111,785$107,559$103,519$99,655$87,084
5 years$92,036$87,641$83,470$79,512$75,756$63,752
6 years$75,927$71,566$67,456$63,587$59,943$48,518
7 years$64,426$60,101$56,057$52,278$48,750$37,902
8 years$55,803$51,517$47,540$43,855$40,443$30,167
9 years$49,101$44,855$40,947$37,355$34,059$24,344
10 years$43,742$39,538$35,698$32,200$29,020$19,853
11 years$39,360$35,198$31,428$28,024$24,958$16,323
12 years$35,711$31,592$27,892$24,580$21,628$13,509
13 years$32,626$28,550$24,919$21,701$18,860$11,238
14 years$29,984$25,951$22,390$19,264$16,533$9,388
15 years$27,696$23,707$20,215$17,180$14,557$7,870
16 years$25,696$21,750$18,328$15,383$12,865$6,616
17 years$23,933$20,031$16,678$13,821$11,407$5,575
18 years$22,368$18,510$15,225$12,456$10,143$4,707
19 years$20,970$17,155$13,938$11,255$9,040$3,980
20 years$19,712$15,941$12,791$10,193$8,075$3,371
21 years$18,576$14,848$11,765$9,251$7,226$2,858
22 years$17,545$13,860$10,844$8,411$6,477$2,425
23 years$16,605$12,963$10,012$7,660$5,814$2,060
24 years$15,744$12,146$9,260$6,987$5,226$1,751
25 years$14,953$11,398$8,576$6,381$4,703$1,489
26 years$14,225$10,713$7,954$5,834$4,236$1,267
27 years$13,551$10,082$7,386$5,340$3,819$1,078
28 years$12,927$9,500$6,866$4,893$3,446$918
29 years$12,347$8,962$6,390$4,487$3,112$782
30 years$11,806$8,464$5,952$4,118$2,812$666
31 years$11,302$8,001$5,549$3,782$2,542$568
32 years$10,830$7,571$5,177$3,476$2,299$484
33 years$10,387$7,170$4,834$3,196$2,081$413
34 years$9,971$6,795$4,516$2,941$1,884$352
35 years$9,580$6,445$4,222$2,707$1,706$300
36 years$9,212$6,117$3,950$2,493$1,546$256
37 years$8,864$5,810$3,697$2,297$1,401$218
38 years$8,535$5,522$3,462$2,117$1,270$186
39 years$8,224$5,250$3,244$1,952$1,152$159
40 years$7,930$4,995$3,040$1,801$1,045$135
41 years$7,650$4,755$2,851$1,661$948$115
42 years$7,384$4,529$2,674$1,533$860$98
43 years$7,132$4,315$2,509$1,415$781$84
44 years$6,891$4,113$2,355$1,307$709$72
45 years$6,662$3,922$2,212$1,207$643$61
46 years$6,444$3,742$2,077$1,115$584$52
47 years$6,235$3,571$1,952$1,030$530$45
48 years$6,036$3,409$1,834$952$482$38
49 years$5,845$3,255$1,724$880$437$32
50 years$5,663$3,109$1,621$813$397$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,800,000, adding $2,376 every year, while hoping to spend $31,780 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: 71/14/15 Blend
44$5,800,000$5,800,000$5,800,000$5,800,000
45$6,394,051$6,086,651$5,996,751$6,826,158
46$7,012,430$6,351,083$6,163,828$7,377,784
47$7,692,819$6,627,407$6,335,438$7,977,409
48$8,441,510$6,916,173$6,511,697$8,633,024
49$9,265,433$7,217,954$6,692,729$9,350,158
50$10,172,227$7,533,354$6,878,655$10,134,893
51$11,170,309$7,863,003$7,069,605$10,993,928
52$12,268,951$8,207,561$7,265,707$11,934,635
53$13,478,371$8,567,719$7,467,096$12,965,131
54$14,809,830$8,944,202$7,673,908$14,094,353
55$16,275,731$9,337,767$7,886,283$15,332,142
56$17,889,747$9,749,208$8,104,364$16,689,331
57$19,666,940$10,179,358$8,328,299$18,177,852
58$21,623,908$10,629,087$8,558,238$19,810,843
59$23,778,942$11,099,308$8,794,334$21,602,772
60$26,152,195$11,590,975$9,036,745$23,569,573
61$28,765,876$12,105,090$9,285,633$25,728,795
62$31,644,456$12,642,700$9,541,162$28,099,763
63$34,814,902$13,204,903$9,803,503$30,703,765
64$38,306,929$13,792,850$10,072,827$33,564,247
65$42,153,280$14,407,745$10,349,311$36,707,032
66$46,390,040$15,050,850$10,633,139$40,160,566
67$51,056,969$15,723,486$10,924,493$43,956,182
68$56,197,881$16,427,038$11,223,565$48,128,394
69$61,861,060$17,162,958$11,530,549$52,715,223
70$68,099,708$17,932,763$11,845,643$57,758,551
71$74,972,457$18,738,047$12,169,051$63,304,516
72$82,543,914$19,580,477$12,500,980$69,403,947
73$90,885,273$20,461,801$12,841,643$76,112,837
74$100,074,990$21,383,848$13,191,257$83,492,874
75$110,199,520$22,348,538$13,550,045$91,612,018
76$121,354,134$23,357,879$13,918,235$100,545,142
77$133,643,818$24,413,977$14,296,057$110,374,734
78$147,184,263$25,519,038$14,683,752$121,191,676
79$162,102,961$26,675,374$15,081,560$133,096,096
80$178,540,402$27,885,406$15,489,731$146,198,310
81$196,651,404$29,151,672$15,908,518$160,619,864
82$216,606,574$30,476,831$16,338,181$176,494,676
83$238,593,919$31,863,670$16,778,985$193,970,296
84$262,820,618$33,315,109$17,231,199$213,209,295
85$289,514,979$34,834,207$17,695,102$234,390,800
86$318,928,594$36,424,170$18,170,975$257,712,176
87$351,338,715$38,088,359$18,659,108$283,390,889
88$387,050,870$39,830,295$19,159,794$311,666,553
89$426,401,746$41,653,667$19,673,334$342,803,187
90$469,762,369$43,562,342$20,200,036$377,091,707
91$517,541,607$45,560,373$20,740,214$414,852,662
92$570,190,027$47,652,007$21,294,187$456,439,258
93$628,204,150$49,841,695$21,862,282$502,240,689
94$692,131,137$52,134,103$22,444,833$552,685,801
95$762,573,958$54,534,118$23,042,179$608,247,140
96$840,197,077$57,046,866$23,654,668$669,445,405
97$925,732,733$59,677,716$24,282,653$736,854,357
98$1,019,987,846$62,432,298$24,926,496$811,106,228
99$1,123,851,637$65,316,512$25,586,565$892,897,689
100$1,238,304,023$68,336,540$26,263,234$982,996,411