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%16.3%
1 years$478,959$474,692$470,530$466,467$462,500$450,588
2 years$237,108$232,692$228,413$224,263$220,238$208,316
3 years$156,502$152,067$147,798$143,688$139,728$128,169
4 years$116,207$111,785$107,559$103,519$99,655$88,548
5 years$92,036$87,641$83,470$79,512$75,756$65,132
6 years$75,927$71,566$67,456$63,587$59,943$49,812
7 years$64,426$60,101$56,057$52,278$48,750$39,113
8 years$55,803$51,517$47,540$43,855$40,443$31,295
9 years$49,101$44,855$40,947$37,355$34,059$25,393
10 years$43,742$39,538$35,698$32,200$29,020$20,825
11 years$39,360$35,198$31,428$28,024$24,958$17,222
12 years$35,711$31,592$27,892$24,580$21,628$14,337
13 years$32,626$28,550$24,919$21,701$18,860$11,999
14 years$29,984$25,951$22,390$19,264$16,533$10,086
15 years$27,696$23,707$20,215$17,180$14,557$8,509
16 years$25,696$21,750$18,328$15,383$12,865$7,200
17 years$23,933$20,031$16,678$13,821$11,407$6,107
18 years$22,368$18,510$15,225$12,456$10,143$5,190
19 years$20,970$17,155$13,938$11,255$9,040$4,419
20 years$19,712$15,941$12,791$10,193$8,075$3,768
21 years$18,576$14,848$11,765$9,251$7,226$3,217
22 years$17,545$13,860$10,844$8,411$6,477$2,749
23 years$16,605$12,963$10,012$7,660$5,814$2,351
24 years$15,744$12,146$9,260$6,987$5,226$2,013
25 years$14,953$11,398$8,576$6,381$4,703$1,724
26 years$14,225$10,713$7,954$5,834$4,236$1,478
27 years$13,551$10,082$7,386$5,340$3,819$1,267
28 years$12,927$9,500$6,866$4,893$3,446$1,087
29 years$12,347$8,962$6,390$4,487$3,112$932
30 years$11,806$8,464$5,952$4,118$2,812$800
31 years$11,302$8,001$5,549$3,782$2,542$687
32 years$10,830$7,571$5,177$3,476$2,299$590
33 years$10,387$7,170$4,834$3,196$2,081$507
34 years$9,971$6,795$4,516$2,941$1,884$435
35 years$9,580$6,445$4,222$2,707$1,706$374
36 years$9,212$6,117$3,950$2,493$1,546$321
37 years$8,864$5,810$3,697$2,297$1,401$276
38 years$8,535$5,522$3,462$2,117$1,270$237
39 years$8,224$5,250$3,244$1,952$1,152$204
40 years$7,930$4,995$3,040$1,801$1,045$175
41 years$7,650$4,755$2,851$1,661$948$151
42 years$7,384$4,529$2,674$1,533$860$130
43 years$7,132$4,315$2,509$1,415$781$111
44 years$6,891$4,113$2,355$1,307$709$96
45 years$6,662$3,922$2,212$1,207$643$82
46 years$6,444$3,742$2,077$1,115$584$71
47 years$6,235$3,571$1,952$1,030$530$61
48 years$6,036$3,409$1,834$952$482$52
49 years$5,845$3,255$1,724$880$437$45
50 years$5,663$3,109$1,621$813$397$39

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 $2,043 every year, while hoping to spend $22,786 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: 43/44/13 Blend
44$5,800,000$5,800,000$5,800,000$5,800,000
45$6,393,707$6,086,307$5,996,407$6,644,418
46$7,021,621$6,360,292$6,173,043$7,093,993
47$7,712,819$6,646,939$6,354,832$7,578,306
48$8,473,731$6,946,843$6,541,923$8,102,487
49$9,311,443$7,260,630$6,734,470$8,670,203
50$10,233,764$7,588,955$6,932,628$9,285,478
51$11,249,297$7,932,503$7,136,560$9,952,726
52$12,367,523$8,291,993$7,346,432$10,676,794
53$13,598,888$8,668,178$7,562,415$11,463,003
54$14,954,903$9,061,848$7,784,685$12,317,196
55$16,448,253$9,473,828$8,013,422$13,245,789
56$18,092,915$9,904,986$8,248,812$14,255,830
57$19,904,292$10,356,229$8,491,046$15,355,063
58$21,899,354$10,828,509$8,740,321$16,551,995
59$24,096,805$11,322,823$8,996,838$17,855,976
60$26,517,253$11,840,215$9,260,806$19,277,282
61$29,183,407$12,381,780$9,532,438$20,827,208
62$32,120,294$12,948,666$9,811,953$22,518,172
63$35,355,488$13,542,075$10,099,578$24,363,827
64$38,919,379$14,163,267$10,395,545$26,379,184
65$42,845,451$14,813,564$10,700,091$28,580,754
66$47,170,606$15,494,347$11,013,463$30,986,694
67$51,935,507$16,207,070$11,335,914$33,616,976
68$57,184,963$16,953,250$11,667,701$36,493,570
69$62,968,353$17,734,483$12,009,093$39,640,646
70$69,340,090$18,552,438$12,360,362$43,084,796
71$76,360,137$19,408,865$12,721,792$46,855,280
72$84,094,570$20,305,598$13,093,671$50,984,294
73$92,616,205$21,244,561$13,476,298$55,507,271
74$102,005,282$22,227,769$13,869,978$60,463,204
75$112,350,225$23,257,334$14,275,027$65,895,012
76$123,748,475$24,335,471$14,691,767$71,849,934
77$136,307,411$25,464,499$15,120,532$78,379,967
78$150,145,360$26,646,853$15,561,663$85,542,353
79$165,392,719$27,885,082$16,015,512$93,400,104
80$182,193,185$29,181,859$16,482,439$102,022,595
81$200,705,105$30,539,986$16,962,817$111,486,205
82$221,102,980$31,962,399$17,457,026$121,875,029
83$243,579,106$33,452,179$17,965,458$133,281,661
84$268,345,391$35,012,552$18,488,517$145,808,062
85$295,635,356$36,646,901$19,026,617$159,566,505
86$325,706,336$38,358,774$19,580,183$174,680,625
87$358,841,917$40,151,888$20,149,653$191,286,576
88$395,354,603$42,030,141$20,735,477$209,534,302
89$435,588,773$43,997,619$21,338,116$229,588,939
90$479,923,931$46,058,605$21,958,046$251,632,358
91$528,778,286$48,217,590$22,595,754$275,864,872
92$582,612,701$50,479,283$23,251,742$302,507,105
93$641,935,046$52,848,617$23,926,525$331,802,064
94$707,304,990$55,330,768$24,620,633$364,017,413
95$779,339,284$57,931,161$25,334,609$399,447,983
96$858,717,585$60,655,482$26,069,013$438,418,537
97$946,188,872$63,509,694$26,824,418$481,286,815
98$1,042,578,517$66,500,049$27,601,416$528,446,893
99$1,148,796,074$69,633,100$28,400,612$580,332,879
100$1,265,843,870$72,915,718$29,222,629$637,422,991