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%13.9%
1 years$478,959$474,692$470,530$466,467$462,500$455,025
2 years$237,108$232,692$228,413$224,263$220,238$212,728
3 years$156,502$152,067$147,798$143,688$139,728$132,416
4 years$116,207$111,785$107,559$103,519$99,655$92,598
5 years$92,036$87,641$83,470$79,512$75,756$68,974
6 years$75,927$71,566$67,456$63,587$59,943$53,444
7 years$64,426$60,101$56,057$52,278$48,750$42,536
8 years$55,803$51,517$47,540$43,855$40,443$34,512
9 years$49,101$44,855$40,947$37,355$34,059$28,409
10 years$43,742$39,538$35,698$32,200$29,020$23,646
11 years$39,360$35,198$31,428$28,024$24,958$19,854
12 years$35,711$31,592$27,892$24,580$21,628$16,788
13 years$32,626$28,550$24,919$21,701$18,860$14,277
14 years$29,984$25,951$22,390$19,264$16,533$12,199
15 years$27,696$23,707$20,215$17,180$14,557$10,464
16 years$25,696$21,750$18,328$15,383$12,865$9,005
17 years$23,933$20,031$16,678$13,821$11,407$7,771
18 years$22,368$18,510$15,225$12,456$10,143$6,722
19 years$20,970$17,155$13,938$11,255$9,040$5,826
20 years$19,712$15,941$12,791$10,193$8,075$5,058
21 years$18,576$14,848$11,765$9,251$7,226$4,398
22 years$17,545$13,860$10,844$8,411$6,477$3,829
23 years$16,605$12,963$10,012$7,660$5,814$3,337
24 years$15,744$12,146$9,260$6,987$5,226$2,911
25 years$14,953$11,398$8,576$6,381$4,703$2,541
26 years$14,225$10,713$7,954$5,834$4,236$2,220
27 years$13,551$10,082$7,386$5,340$3,819$1,941
28 years$12,927$9,500$6,866$4,893$3,446$1,698
29 years$12,347$8,962$6,390$4,487$3,112$1,486
30 years$11,806$8,464$5,952$4,118$2,812$1,301
31 years$11,302$8,001$5,549$3,782$2,542$1,139
32 years$10,830$7,571$5,177$3,476$2,299$998
33 years$10,387$7,170$4,834$3,196$2,081$874
34 years$9,971$6,795$4,516$2,941$1,884$766
35 years$9,580$6,445$4,222$2,707$1,706$672
36 years$9,212$6,117$3,950$2,493$1,546$589
37 years$8,864$5,810$3,697$2,297$1,401$517
38 years$8,535$5,522$3,462$2,117$1,270$453
39 years$8,224$5,250$3,244$1,952$1,152$398
40 years$7,930$4,995$3,040$1,801$1,045$349
41 years$7,650$4,755$2,851$1,661$948$306
42 years$7,384$4,529$2,674$1,533$860$268
43 years$7,132$4,315$2,509$1,415$781$236
44 years$6,891$4,113$2,355$1,307$709$207
45 years$6,662$3,922$2,212$1,207$643$181
46 years$6,444$3,742$2,077$1,115$584$159
47 years$6,235$3,571$1,952$1,030$530$140
48 years$6,036$3,409$1,834$952$482$123
49 years$5,845$3,255$1,724$880$437$108
50 years$5,663$3,109$1,621$813$397$95

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 $3,878 every year, while hoping to spend $27,293 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: 58/37/5 Blend
44$5,800,000$5,800,000$5,800,000$5,800,000
45$6,395,600$6,088,200$5,998,300$6,760,471
46$7,018,912$6,357,482$6,170,204$7,274,876
47$7,704,887$6,639,045$6,346,951$7,831,812
48$8,459,887$6,933,460$6,528,676$8,438,115
49$9,290,924$7,241,329$6,715,516$9,098,505
50$10,205,724$7,563,279$6,907,610$9,818,172
51$11,212,797$7,899,969$7,105,105$10,602,820
52$12,321,523$8,252,088$7,308,147$11,458,718
53$13,542,238$8,620,360$7,516,889$12,392,762
54$14,886,329$9,005,540$7,731,488$13,412,530
55$16,366,345$9,408,422$7,952,103$14,526,361
56$17,996,114$9,829,836$8,178,900$15,743,422
57$19,790,871$10,270,652$8,412,047$17,073,799
58$21,767,407$10,731,781$8,651,718$18,528,587
59$23,944,223$11,214,178$8,898,090$20,119,989
60$26,341,704$11,718,844$9,151,347$21,861,435
61$28,982,317$12,246,826$9,411,676$23,767,698
62$31,890,816$12,799,223$9,679,270$25,855,039
63$35,094,479$13,377,185$9,954,325$28,141,349
64$38,623,366$13,981,917$10,237,045$30,646,319
65$42,510,600$14,614,682$10,527,637$33,391,621
66$46,792,684$15,276,804$10,826,315$36,401,112
67$51,509,839$15,969,669$11,133,299$39,701,048
68$56,706,390$16,694,730$11,448,811$43,320,336
69$62,431,179$17,453,509$11,773,083$47,290,796
70$68,738,029$18,247,601$12,106,352$51,647,463
71$75,686,253$19,078,678$12,448,860$56,428,907
72$83,341,210$19,948,492$12,800,855$61,677,596
73$91,774,923$20,858,878$13,162,594$67,440,291
74$101,066,762$21,811,760$13,534,337$73,768,481
75$111,304,188$22,809,153$13,916,354$80,718,865
76$122,583,583$23,853,169$14,308,920$88,353,881
77$135,011,157$24,946,023$14,712,317$96,742,287
78$148,703,951$26,090,034$15,126,836$105,959,808
79$163,790,942$27,287,634$15,552,773$116,089,839
80$180,414,261$28,541,371$15,990,434$127,224,229
81$198,730,533$29,853,915$16,440,130$139,464,141
82$218,912,355$31,228,065$16,902,183$152,920,994
83$241,149,930$32,666,755$17,376,921$167,717,514
84$265,652,856$34,173,059$17,864,681$183,988,878
85$292,652,108$35,750,199$18,365,808$201,883,986
86$322,402,217$37,401,553$18,880,656$221,566,852
87$355,183,675$39,130,661$19,409,590$243,218,150
88$391,305,578$40,941,232$19,952,980$267,036,900
89$431,108,551$42,837,156$20,511,208$293,242,345
90$474,967,956$44,822,509$21,084,667$322,076,005
91$523,297,440$46,901,564$21,673,755$353,803,945
92$576,552,837$49,078,800$22,278,885$388,719,277
93$635,236,476$51,358,910$22,900,476$427,144,913
94$699,901,916$53,746,816$23,538,962$469,436,597
95$771,159,177$56,247,676$24,194,783$515,986,257
96$849,680,498$58,866,897$24,868,393$567,225,682
97$936,206,681$61,610,147$25,560,256$623,630,587
98$1,031,554,086$64,483,368$26,270,848$685,725,088
99$1,136,622,337$67,492,787$27,000,656$754,086,633
100$1,252,402,816$70,644,935$27,750,179$829,351,433