Can I retire at age 45 with 6,100,000?

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 $6,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$503,732$499,245$494,868$490,595$486,423$469,538
2 years$249,372$244,728$240,227$235,863$231,630$214,793
3 years$164,597$159,933$155,443$151,120$146,955$130,696
4 years$122,217$117,567$113,123$108,873$104,810$89,252
5 years$96,796$92,174$87,788$83,625$79,675$64,859
6 years$79,855$75,267$70,946$66,876$63,044$48,982
7 years$67,758$63,209$58,956$54,982$51,272$37,961
8 years$58,690$54,182$49,999$46,123$42,535$29,965
9 years$51,640$47,175$43,064$39,287$35,820$23,976
10 years$46,004$41,583$37,545$33,866$30,521$19,381
11 years$41,396$37,019$33,054$29,473$26,249$15,792
12 years$37,558$33,226$29,334$25,852$22,747$12,948
13 years$34,313$30,026$26,208$22,823$19,836$10,669
14 years$31,535$27,293$23,548$20,260$17,388$8,827
15 years$29,129$24,933$21,261$18,068$15,310$7,327
16 years$27,025$22,875$19,276$16,178$13,531$6,097
17 years$25,171$21,067$17,540$14,536$11,997$5,085
18 years$23,525$19,467$16,012$13,100$10,667$4,249
19 years$22,054$18,042$14,658$11,837$9,508$3,556
20 years$20,732$16,766$13,453$10,721$8,493$2,979
21 years$19,537$15,616$12,374$9,730$7,600$2,498
22 years$18,452$14,577$11,405$8,846$6,812$2,097
23 years$17,463$13,634$10,530$8,057$6,115$1,762
24 years$16,558$12,774$9,739$7,348$5,496$1,481
25 years$15,727$11,988$9,020$6,711$4,946$1,245
26 years$14,960$11,267$8,365$6,136$4,455$1,048
27 years$14,252$10,603$7,768$5,616$4,017$882
28 years$13,596$9,991$7,221$5,146$3,624$742
29 years$12,985$9,426$6,720$4,719$3,273$625
30 years$12,417$8,902$6,260$4,331$2,957$526
31 years$11,886$8,415$5,836$3,977$2,673$443
32 years$11,390$7,962$5,445$3,655$2,418$374
33 years$10,924$7,540$5,084$3,361$2,189$315
34 years$10,487$7,147$4,750$3,093$1,982$265
35 years$10,076$6,778$4,441$2,847$1,795$224
36 years$9,688$6,434$4,154$2,622$1,626$188
37 years$9,322$6,111$3,888$2,416$1,474$159
38 years$8,977$5,807$3,641$2,227$1,336$134
39 years$8,650$5,522$3,412$2,053$1,212$113
40 years$8,340$5,254$3,198$1,894$1,099$95
41 years$8,046$5,001$2,998$1,747$997$80
42 years$7,766$4,763$2,813$1,613$905$68
43 years$7,501$4,538$2,639$1,489$821$57
44 years$7,248$4,326$2,477$1,374$745$48
45 years$7,007$4,125$2,326$1,269$677$41
46 years$6,777$3,935$2,185$1,172$614$34
47 years$6,558$3,755$2,053$1,083$558$29
48 years$6,348$3,585$1,929$1,001$507$24
49 years$6,148$3,423$1,813$925$460$20
50 years$5,956$3,270$1,704$855$418$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $6,100,000, adding $3,546 every year, while hoping to spend $53,225 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: 69/17/14 Blend
44$6,100,000$6,100,000$6,100,000$6,100,000
45$6,725,858$6,402,558$6,308,008$7,168,376
46$7,355,264$6,659,652$6,462,695$7,720,222
47$8,047,086$6,927,560$6,620,780$8,317,068
48$8,807,634$7,206,756$6,782,322$8,968,689
49$9,643,860$7,497,734$6,947,376$9,680,468
50$10,563,423$7,801,012$7,116,003$10,458,331
51$11,574,762$8,117,131$7,288,259$11,308,799
52$12,687,174$8,446,657$7,464,202$12,239,050
53$13,910,904$8,790,181$7,643,891$13,256,989
54$15,257,237$9,148,322$7,827,382$14,371,315
55$16,738,611$9,521,725$8,014,735$15,591,610
56$18,368,726$9,911,066$8,206,006$16,928,420
57$20,162,681$10,317,053$8,401,251$18,393,360
58$22,137,109$10,740,424$8,600,529$19,999,218
59$24,310,342$11,181,952$8,803,893$21,760,079
60$26,702,574$11,642,445$9,011,401$23,691,451
61$29,336,060$12,122,749$9,223,107$25,810,415
62$32,235,322$12,623,746$9,439,064$28,135,782
63$35,427,378$13,146,363$9,659,326$30,688,270
64$38,942,001$13,691,566$9,883,944$33,490,697
65$42,811,998$14,260,365$10,112,969$36,568,198
66$47,073,519$14,853,821$10,346,451$39,948,455
67$51,766,399$15,473,039$10,584,438$43,661,962
68$56,934,530$16,119,176$10,826,975$47,742,310
69$62,626,282$16,793,446$11,074,109$52,226,499
70$68,894,952$17,497,114$11,325,881$57,155,288
71$75,799,271$18,231,506$11,582,332$62,573,577
72$83,403,957$18,998,011$11,843,500$68,530,831
73$91,780,326$19,798,078$12,109,423$75,081,540
74$101,006,963$20,633,228$12,380,132$82,285,735
75$111,170,466$21,505,049$12,655,659$90,209,552
76$122,366,262$22,415,204$12,936,032$98,925,851
77$134,699,505$23,365,434$13,221,273$108,514,906
78$148,286,073$24,357,559$13,511,405$119,065,155
79$163,253,659$25,393,485$13,806,443$130,674,035
80$179,742,974$26,475,208$14,106,401$143,448,899
81$197,909,079$27,604,815$14,411,287$157,508,026
82$217,922,845$28,784,491$14,721,105$172,981,733
83$239,972,567$30,016,522$15,035,854$190,013,604
84$264,265,740$31,303,303$15,355,526$208,761,841
85$291,031,020$32,647,340$15,680,111$229,400,754
86$320,520,380$34,051,255$16,009,590$252,122,404
87$353,011,486$35,517,794$16,343,938$277,138,411
88$388,810,322$37,049,831$16,683,126$304,681,946
89$428,254,078$38,650,375$17,027,113$335,009,932
90$471,714,327$40,322,577$17,375,855$368,405,464
91$519,600,539$42,069,734$17,729,296$405,180,475
92$572,363,943$43,895,299$18,087,376$445,678,676
93$630,501,784$45,802,888$18,450,023$490,278,799
94$694,562,022$47,796,285$18,817,154$539,398,164
95$765,148,499$49,879,454$19,188,680$593,496,617
96$842,926,643$52,056,544$19,564,498$653,080,859
97$928,629,747$54,331,902$19,944,495$718,709,234
98$1,023,065,892$56,710,076$20,328,547$790,996,982
99$1,127,125,576$59,195,832$20,716,515$870,622,050
100$1,241,790,116$61,794,160$21,108,250$958,331,483