Can I retire at age 45 with 5,900,000?

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 $5,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$487,216$482,877$478,642$474,510$470,474$459,101
2 years$241,196$236,704$232,351$228,130$224,035$212,645
3 years$159,200$154,689$150,346$146,165$142,137$131,086
4 years$118,210$113,713$109,414$105,304$101,373$90,747
5 years$93,623$89,152$84,909$80,883$77,063$66,890
6 years$77,236$72,799$68,619$64,683$60,977$51,268
7 years$65,536$61,137$57,023$53,179$49,591$40,347
8 years$56,765$52,406$48,360$44,611$41,140$32,359
9 years$49,947$45,628$41,653$37,999$34,646$26,319
10 years$44,496$40,219$36,314$32,755$29,520$21,638
11 years$40,038$35,805$31,970$28,507$25,388$17,940
12 years$36,327$32,136$28,373$25,004$22,001$14,974
13 years$33,188$29,042$25,349$22,075$19,185$12,566
14 years$30,501$26,398$22,776$19,596$16,818$10,592
15 years$28,174$24,115$20,564$17,476$14,808$8,961
16 years$26,139$22,125$18,644$15,648$13,087$7,603
17 years$24,346$20,377$16,965$14,059$11,604$6,468
18 years$22,754$18,829$15,487$12,670$10,318$5,513
19 years$21,331$17,450$14,178$11,449$9,196$4,708
20 years$20,052$16,216$13,012$10,369$8,214$4,027
21 years$18,897$15,104$11,968$9,411$7,351$3,448
22 years$17,847$14,099$11,031$8,556$6,589$2,956
23 years$16,891$13,187$10,185$7,792$5,915$2,536
24 years$16,015$12,355$9,419$7,107$5,316$2,178
25 years$15,211$11,595$8,724$6,491$4,784$1,872
26 years$14,470$10,897$8,091$5,935$4,309$1,609
27 years$13,785$10,256$7,513$5,432$3,885$1,384
28 years$13,150$9,664$6,985$4,977$3,506$1,191
29 years$12,560$9,117$6,500$4,564$3,165$1,026
30 years$12,010$8,610$6,054$4,189$2,860$883
31 years$11,497$8,139$5,644$3,847$2,586$761
32 years$11,016$7,701$5,266$3,535$2,339$655
33 years$10,566$7,293$4,917$3,251$2,117$565
34 years$10,143$6,912$4,594$2,991$1,917$487
35 years$9,745$6,556$4,295$2,754$1,736$420
36 years$9,371$6,223$4,018$2,536$1,573$362
37 years$9,017$5,910$3,761$2,337$1,426$312
38 years$8,682$5,617$3,522$2,154$1,292$269
39 years$8,366$5,341$3,300$1,986$1,172$232
40 years$8,066$5,082$3,093$1,832$1,063$200
41 years$7,782$4,837$2,900$1,690$964$173
42 years$7,512$4,607$2,720$1,560$875$149
43 years$7,255$4,389$2,553$1,440$794$128
44 years$7,010$4,184$2,396$1,329$721$111
45 years$6,777$3,990$2,250$1,228$654$96
46 years$6,555$3,806$2,113$1,134$594$82
47 years$6,343$3,632$1,985$1,048$540$71
48 years$6,140$3,467$1,866$968$490$61
49 years$5,946$3,311$1,754$895$445$53
50 years$5,760$3,163$1,649$827$404$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,900,000, adding $3,560 every year, while hoping to spend $43,129 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: 74/20/6 Blend
44$5,900,000$5,900,000$5,900,000$5,900,000
45$6,505,472$6,192,772$6,101,322$6,982,348
46$7,123,141$6,450,329$6,259,828$7,554,236
47$7,802,367$6,719,061$6,422,197$8,174,706
48$8,549,383$6,999,469$6,588,515$8,853,156
49$9,371,057$7,292,080$6,758,867$9,595,302
50$10,274,955$7,597,442$6,933,339$10,407,435
51$11,269,414$7,916,130$7,112,020$11,296,480
52$12,363,620$8,248,746$7,294,998$12,270,059
53$13,567,694$8,595,919$7,482,365$13,336,565
54$14,892,787$8,958,308$7,674,213$14,505,235
55$16,351,187$9,336,601$7,870,635$15,786,239
56$17,956,434$9,731,520$8,071,727$17,190,775
57$19,723,444$10,143,818$8,277,584$18,731,174
58$21,668,656$10,574,286$8,488,303$20,421,012
59$23,810,182$11,023,749$8,703,985$22,275,239
60$26,167,981$11,493,073$8,924,729$24,310,318
61$28,764,044$11,983,163$9,150,636$26,544,379
62$31,622,604$12,494,965$9,381,809$28,997,390
63$34,770,362$13,029,471$9,618,353$31,691,338
64$38,236,743$13,587,719$9,860,371$34,650,444
65$42,054,168$14,170,795$10,107,971$37,901,382
66$46,258,365$14,779,835$10,361,260$41,473,531
67$50,888,702$15,416,031$10,620,346$45,399,253
68$55,988,561$16,080,628$10,885,339$49,714,192
69$61,605,746$16,774,931$11,156,350$54,457,614
70$67,792,934$17,500,304$11,433,489$59,672,768
71$74,608,172$18,258,178$11,716,870$65,407,298
72$82,115,426$19,050,049$12,006,605$71,713,689
73$90,385,182$19,877,484$12,302,809$78,649,755
74$99,495,113$20,742,123$12,605,597$86,279,191
75$109,530,813$21,645,686$12,915,082$94,672,163
76$120,586,601$22,589,969$13,231,383$103,905,972
77$132,766,414$23,576,858$13,554,614$114,065,778
78$146,184,788$24,608,323$13,884,893$125,245,405
79$160,967,935$25,686,430$14,222,336$137,548,219
80$177,254,942$26,813,342$14,567,061$151,088,101
81$195,199,074$27,991,324$14,919,186$165,990,519
82$214,969,227$29,222,746$15,278,826$182,393,711
83$236,751,521$30,510,094$15,646,100$200,449,982
84$260,751,055$31,855,968$16,021,123$220,327,139
85$287,193,844$33,263,092$16,404,012$242,210,072
86$316,328,953$34,734,320$16,794,883$266,302,495
87$348,430,845$36,272,640$17,193,850$292,828,862
88$383,801,974$37,881,182$17,601,027$322,036,482
89$422,775,641$39,563,226$18,016,527$354,197,849
90$465,719,136$41,322,204$18,440,461$389,613,212
91$513,037,211$43,161,714$18,872,939$428,613,396
92$565,175,892$45,085,524$19,314,068$471,562,927
93$622,626,699$47,097,581$19,763,956$518,863,464
94$685,931,278$49,202,019$20,222,704$570,957,582
95$755,686,520$51,403,168$20,690,416$628,332,949
96$832,550,188$53,705,567$21,167,188$691,526,919
97$917,247,136$56,113,969$21,653,118$761,131,596
98$1,010,576,143$58,633,352$22,148,296$837,799,420
99$1,113,417,456$61,268,933$22,652,811$922,249,318
100$1,226,741,104$64,026,178$23,166,748$1,015,273,478