Can I retire at age 45 with 6,000,000?

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 $6,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$495,474$491,061$486,755$482,552$478,448$474,638
2 years$245,284$240,716$236,289$231,996$227,833$223,991
3 years$161,899$157,311$152,895$148,642$144,546$140,794
4 years$120,214$115,640$111,268$107,088$103,092$99,456
5 years$95,210$90,663$86,349$82,254$78,369$74,861
6 years$78,545$74,033$69,782$65,779$62,010$58,635
7 years$66,647$62,173$57,990$54,081$50,431$47,190
8 years$57,728$53,294$49,180$45,367$41,837$38,730
9 years$50,794$46,402$42,359$38,643$35,233$32,259
10 years$45,250$40,901$36,929$33,310$30,020$27,178
11 years$40,717$36,412$32,512$28,990$25,819$23,105
12 years$36,942$32,681$28,853$25,428$22,374$19,787
13 years$33,751$29,534$25,779$22,449$19,510$17,048
14 years$31,018$26,846$23,162$19,928$17,103$14,761
15 years$28,651$24,524$20,912$17,772$15,059$12,835
16 years$26,582$22,500$18,960$15,913$13,309$11,199
17 years$24,759$20,722$17,253$14,298$11,801$9,802
18 years$23,140$19,148$15,750$12,885$10,492$8,600
19 years$21,693$17,746$14,418$11,643$9,352$7,563
20 years$20,392$16,491$13,232$10,545$8,354$6,664
21 years$19,217$15,360$12,171$9,570$7,475$5,882
22 years$18,150$14,338$11,218$8,701$6,701$5,199
23 years$17,177$13,410$10,357$7,925$6,015$4,601
24 years$16,287$12,565$9,579$7,228$5,406$4,076
25 years$15,469$11,791$8,872$6,601$4,865$3,615
26 years$14,715$11,082$8,228$6,035$4,382$3,209
27 years$14,018$10,429$7,641$5,524$3,951$2,850
28 years$13,373$9,828$7,103$5,061$3,565$2,534
29 years$12,773$9,271$6,610$4,641$3,219$2,253
30 years$12,213$8,756$6,157$4,260$2,909$2,005
31 years$11,691$8,277$5,740$3,912$2,630$1,785
32 years$11,203$7,832$5,355$3,595$2,379$1,590
33 years$10,745$7,417$5,000$3,306$2,153$1,417
34 years$10,315$7,029$4,672$3,042$1,949$1,263
35 years$9,911$6,667$4,368$2,800$1,765$1,126
36 years$9,529$6,328$4,086$2,579$1,599$1,004
37 years$9,170$6,010$3,825$2,376$1,450$895
38 years$8,830$5,712$3,582$2,190$1,314$799
39 years$8,508$5,432$3,356$2,020$1,192$713
40 years$8,203$5,168$3,145$1,863$1,081$636
41 years$7,914$4,919$2,949$1,719$981$568
42 years$7,639$4,685$2,766$1,586$890$507
43 years$7,378$4,464$2,596$1,464$808$453
44 years$7,129$4,255$2,437$1,352$733$404
45 years$6,892$4,057$2,288$1,248$666$361
46 years$6,666$3,871$2,149$1,153$604$322
47 years$6,450$3,694$2,019$1,065$549$288
48 years$6,244$3,526$1,897$985$498$257
49 years$6,047$3,367$1,783$910$453$230
50 years$5,858$3,217$1,677$841$411$205

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $6,000,000, adding $2,673 every year, while hoping to spend $21,400 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: 43/38/19 Blend
44$6,000,000$6,000,000$6,000,000$6,000,000
45$6,614,757$6,296,757$6,203,757$6,862,493
46$7,266,693$6,582,529$6,388,814$7,323,430
47$7,984,409$6,881,586$6,579,352$7,820,201
48$8,774,592$7,194,557$6,775,534$8,357,968
49$9,644,611$7,522,101$6,977,525$8,940,517
50$10,602,585$7,864,907$7,185,495$9,572,004
51$11,657,459$8,223,699$7,399,620$10,256,991
52$12,819,094$8,599,234$7,620,081$11,000,488
53$14,098,351$8,992,306$7,847,064$11,807,994
54$15,507,202$9,403,748$8,080,759$12,685,552
55$17,058,836$9,834,431$8,321,364$13,639,797
56$18,767,788$10,285,269$8,569,081$14,678,023
57$20,650,076$10,757,220$8,824,118$15,808,241
58$22,723,348$11,251,288$9,086,690$17,039,256
59$25,007,053$11,768,525$9,357,018$18,380,748
60$27,522,623$12,310,033$9,635,329$19,843,357
61$30,293,673$12,876,968$9,921,855$21,438,778
62$33,346,229$13,470,540$10,216,838$23,179,875
63$36,708,967$14,092,020$10,520,525$25,080,791
64$40,413,489$14,742,737$10,833,171$27,157,081
65$44,494,620$15,424,085$11,155,036$29,425,854
66$48,990,732$16,137,526$11,486,391$31,905,929
67$53,944,115$16,884,593$11,827,513$34,618,011
68$59,401,366$17,666,890$12,178,687$37,584,876
69$65,413,839$18,486,101$12,540,206$40,831,588
70$72,038,120$19,343,989$12,912,372$44,385,722
71$79,336,567$20,242,404$13,295,496$48,277,627
72$87,377,899$21,183,284$13,689,897$52,540,699
73$96,237,841$22,168,660$14,095,905$57,211,698
74$105,999,839$23,200,663$14,513,856$62,331,081
75$116,755,852$24,281,525$14,944,100$67,943,381
76$128,607,215$25,413,586$15,386,993$74,097,620
77$141,665,599$26,599,300$15,842,905$80,847,765
78$156,054,062$27,841,237$16,312,214$88,253,229
79$171,908,213$29,142,095$16,795,310$96,379,421
80$189,377,491$30,504,698$17,292,594$105,298,361
81$208,626,577$31,932,010$17,804,478$115,089,346
82$229,836,947$33,427,137$18,331,387$125,839,691
83$253,208,583$34,993,335$18,873,756$137,645,546
84$278,961,867$36,634,017$19,432,035$150,612,787
85$307,339,655$38,352,761$20,006,686$164,858,014
86$338,609,573$40,153,320$20,598,183$180,509,631
87$373,066,543$42,039,626$21,207,016$197,709,054
88$411,035,566$44,015,803$21,833,686$216,612,031
89$452,874,791$46,086,174$22,478,712$237,390,100
90$498,978,895$48,255,272$23,142,624$260,232,193
91$549,782,810$50,527,848$23,825,969$285,346,409
92$605,765,828$52,908,884$24,529,311$312,961,962
93$667,456,128$55,403,605$25,253,228$343,331,330
94$735,435,756$58,017,485$25,998,315$376,732,623
95$810,346,129$60,756,267$26,765,184$413,472,190
96$892,894,081$63,625,971$27,554,465$453,887,497
97$983,858,543$66,632,909$28,366,805$498,350,290
98$1,084,097,891$69,783,699$29,202,870$547,270,090
99$1,194,558,056$73,085,280$30,063,345$601,098,035
100$1,316,281,445$76,544,927$30,948,935$660,331,119