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%19.2%
1 years$503,732$499,245$494,868$490,595$486,423$468,419
2 years$249,372$244,728$240,227$235,863$231,630$213,695
3 years$164,597$159,933$155,443$151,120$146,955$129,653
4 years$122,217$117,567$113,123$108,873$104,810$88,272
5 years$96,796$92,174$87,788$83,625$79,675$63,945
6 years$79,855$75,267$70,946$66,876$63,044$48,133
7 years$67,758$63,209$58,956$54,982$51,272$37,175
8 years$58,690$54,182$49,999$46,123$42,535$29,240
9 years$51,640$47,175$43,064$39,287$35,820$23,310
10 years$46,004$41,583$37,545$33,866$30,521$18,771
11 years$41,396$37,019$33,054$29,473$26,249$15,236
12 years$37,558$33,226$29,334$25,852$22,747$12,442
13 years$34,313$30,026$26,208$22,823$19,836$10,210
14 years$31,535$27,293$23,548$20,260$17,388$8,412
15 years$29,129$24,933$21,261$18,068$15,310$6,952
16 years$27,025$22,875$19,276$16,178$13,531$5,761
17 years$25,171$21,067$17,540$14,536$11,997$4,783
18 years$23,525$19,467$16,012$13,100$10,667$3,979
19 years$22,054$18,042$14,658$11,837$9,508$3,314
20 years$20,732$16,766$13,453$10,721$8,493$2,764
21 years$19,537$15,616$12,374$9,730$7,600$2,307
22 years$18,452$14,577$11,405$8,846$6,812$1,928
23 years$17,463$13,634$10,530$8,057$6,115$1,612
24 years$16,558$12,774$9,739$7,348$5,496$1,348
25 years$15,727$11,988$9,020$6,711$4,946$1,128
26 years$14,960$11,267$8,365$6,136$4,455$945
27 years$14,252$10,603$7,768$5,616$4,017$791
28 years$13,596$9,991$7,221$5,146$3,624$663
29 years$12,985$9,426$6,720$4,719$3,273$555
30 years$12,417$8,902$6,260$4,331$2,957$465
31 years$11,886$8,415$5,836$3,977$2,673$390
32 years$11,390$7,962$5,445$3,655$2,418$327
33 years$10,924$7,540$5,084$3,361$2,189$274
34 years$10,487$7,147$4,750$3,093$1,982$230
35 years$10,076$6,778$4,441$2,847$1,795$193
36 years$9,688$6,434$4,154$2,622$1,626$162
37 years$9,322$6,111$3,888$2,416$1,474$136
38 years$8,977$5,807$3,641$2,227$1,336$114
39 years$8,650$5,522$3,412$2,053$1,212$95
40 years$8,340$5,254$3,198$1,894$1,099$80
41 years$8,046$5,001$2,998$1,747$997$67
42 years$7,766$4,763$2,813$1,613$905$56
43 years$7,501$4,538$2,639$1,489$821$47
44 years$7,248$4,326$2,477$1,374$745$40
45 years$7,007$4,125$2,326$1,269$677$33
46 years$6,777$3,935$2,185$1,172$614$28
47 years$6,558$3,755$2,053$1,083$558$23
48 years$6,348$3,585$1,929$1,001$507$20
49 years$6,148$3,423$1,813$925$460$16
50 years$5,956$3,270$1,704$855$418$14

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 $2,588 every year, while hoping to spend $48,636 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: 50/44/6 Blend
44$6,100,000$6,100,000$6,100,000$6,100,000
45$6,724,870$6,401,570$6,307,020$7,051,011
46$7,359,058$6,663,498$6,466,556$7,535,295
47$8,056,303$6,936,631$6,629,808$8,055,789
48$8,822,987$7,221,466$6,796,846$8,620,184
49$9,666,137$7,518,524$6,967,746$9,232,596
50$10,593,500$7,828,348$7,142,583$9,897,551
51$11,613,608$8,151,509$7,321,431$10,620,017
52$12,735,864$8,488,601$7,504,367$11,405,453
53$13,970,627$8,840,246$7,691,467$12,259,862
54$15,329,310$9,207,098$7,882,811$13,189,836
55$16,824,489$9,589,836$8,078,475$14,202,626
56$18,470,022$9,989,173$8,278,539$15,306,199
57$20,281,177$10,405,854$8,483,082$16,509,318
58$22,274,776$10,840,661$8,692,185$17,821,618
59$24,469,358$11,294,408$8,905,928$19,253,695
60$26,885,347$11,767,948$9,124,391$20,817,201
61$29,545,252$12,262,177$9,347,657$22,524,957
62$32,473,870$12,778,026$9,575,806$24,391,062
63$35,698,530$13,316,475$9,808,921$26,431,031
64$39,249,344$13,878,546$10,047,084$28,661,934
65$43,159,492$14,465,310$10,290,376$31,102,551
66$47,465,537$15,077,886$10,538,880$33,773,552
67$52,207,767$15,717,448$10,792,678$36,697,681
68$57,430,579$16,385,222$11,051,852$39,899,972
69$63,182,892$17,082,492$11,316,483$43,407,978
70$69,518,614$17,810,602$11,586,653$47,252,029
71$76,497,149$18,570,957$11,862,441$51,465,509
72$84,183,954$19,365,031$12,143,930$56,085,170
73$92,651,163$20,194,363$12,431,197$61,151,475
74$101,978,261$21,060,566$12,724,322$66,708,968
75$112,252,839$21,965,329$13,023,382$72,806,697
76$123,571,417$22,910,418$13,328,453$79,498,665
77$136,040,356$23,897,683$13,639,611$86,844,336
78$149,776,864$24,929,062$13,956,929$94,909,190
79$164,910,098$26,006,579$14,280,480$103,765,332
80$181,582,386$27,132,359$14,610,334$113,492,170
81$199,950,568$28,308,624$14,946,559$124,177,153
82$220,187,478$29,537,698$15,289,221$135,916,591
83$242,483,574$30,822,019$15,638,383$148,816,554
84$267,048,737$32,164,136$15,994,107$162,993,867
85$294,114,249$33,566,720$16,356,451$178,577,205
86$323,934,980$35,032,567$16,725,470$195,708,294
87$356,791,789$36,564,604$17,101,214$214,543,243
88$392,994,179$38,165,897$17,483,732$235,254,007
89$432,883,216$39,839,657$17,873,068$258,029,996
90$476,834,750$41,589,245$18,269,261$283,079,860
91$525,262,959$43,418,183$18,672,346$310,633,439
92$578,624,264$45,330,157$19,082,353$340,943,925
93$637,421,633$47,329,029$19,499,306$374,290,236
94$702,209,332$49,418,843$19,923,225$410,979,642
95$773,598,152$51,603,835$20,354,122$451,350,646
96$852,261,182$53,888,441$20,792,003$495,776,166
97$938,940,155$56,277,307$21,236,867$544,667,044
98$1,034,452,456$58,775,300$21,688,707$598,475,906
99$1,139,698,834$61,387,518$22,147,507$657,701,415
100$1,255,671,908$64,119,299$22,613,241$722,892,969