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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.9%
1 years$503,732$499,245$494,868$490,595$486,423$467,123
2 years$249,372$244,728$240,227$235,863$231,630$212,425
3 years$164,597$159,933$155,443$151,120$146,955$128,450
4 years$122,217$117,567$113,123$108,873$104,810$87,145
5 years$96,796$92,174$87,788$83,625$79,675$62,895
6 years$79,855$75,267$70,946$66,876$63,044$47,161
7 years$67,758$63,209$58,956$54,982$51,272$36,278
8 years$58,690$54,182$49,999$46,123$42,535$28,417
9 years$51,640$47,175$43,064$39,287$35,820$22,556
10 years$46,004$41,583$37,545$33,866$30,521$18,084
11 years$41,396$37,019$33,054$29,473$26,249$14,611
12 years$37,558$33,226$29,334$25,852$22,747$11,876
13 years$34,313$30,026$26,208$22,823$19,836$9,699
14 years$31,535$27,293$23,548$20,260$17,388$7,952
15 years$29,129$24,933$21,261$18,068$15,310$6,539
16 years$27,025$22,875$19,276$16,178$13,531$5,391
17 years$25,171$21,067$17,540$14,536$11,997$4,453
18 years$23,525$19,467$16,012$13,100$10,667$3,685
19 years$22,054$18,042$14,658$11,837$9,508$3,053
20 years$20,732$16,766$13,453$10,721$8,493$2,533
21 years$19,537$15,616$12,374$9,730$7,600$2,103
22 years$18,452$14,577$11,405$8,846$6,812$1,747
23 years$17,463$13,634$10,530$8,057$6,115$1,453
24 years$16,558$12,774$9,739$7,348$5,496$1,208
25 years$15,727$11,988$9,020$6,711$4,946$1,006
26 years$14,960$11,267$8,365$6,136$4,455$837
27 years$14,252$10,603$7,768$5,616$4,017$697
28 years$13,596$9,991$7,221$5,146$3,624$581
29 years$12,985$9,426$6,720$4,719$3,273$484
30 years$12,417$8,902$6,260$4,331$2,957$403
31 years$11,886$8,415$5,836$3,977$2,673$336
32 years$11,390$7,962$5,445$3,655$2,418$280
33 years$10,924$7,540$5,084$3,361$2,189$234
34 years$10,487$7,147$4,750$3,093$1,982$195
35 years$10,076$6,778$4,441$2,847$1,795$162
36 years$9,688$6,434$4,154$2,622$1,626$135
37 years$9,322$6,111$3,888$2,416$1,474$113
38 years$8,977$5,807$3,641$2,227$1,336$94
39 years$8,650$5,522$3,412$2,053$1,212$78
40 years$8,340$5,254$3,198$1,894$1,099$65
41 years$8,046$5,001$2,998$1,747$997$55
42 years$7,766$4,763$2,813$1,613$905$46
43 years$7,501$4,538$2,639$1,489$821$38
44 years$7,248$4,326$2,477$1,374$745$32
45 years$7,007$4,125$2,326$1,269$677$26
46 years$6,777$3,935$2,185$1,172$614$22
47 years$6,558$3,755$2,053$1,083$558$18
48 years$6,348$3,585$1,929$1,001$507$15
49 years$6,148$3,423$1,813$925$460$13
50 years$5,956$3,270$1,704$855$418$11

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 $2,218 every year, while hoping to spend $28,149 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: 26/46/28 Blend
44$6,100,000$6,100,000$6,100,000$6,100,000
45$6,724,488$6,401,188$6,306,638$6,840,411
46$7,380,435$6,684,896$6,487,960$7,219,608
47$8,102,346$6,981,562$6,674,413$7,623,614
48$8,896,918$7,291,792$6,866,139$8,056,512
49$9,771,533$7,616,219$7,063,284$8,520,764
50$10,734,324$7,955,507$7,265,998$9,019,065
51$11,794,250$8,310,353$7,474,434$9,554,362
52$12,961,188$8,681,484$7,688,752$10,129,882
53$14,246,017$9,069,665$7,909,113$10,749,159
54$15,660,726$9,475,694$8,135,684$11,416,060
55$17,218,527$9,900,409$8,368,636$12,134,825
56$18,933,976$10,344,689$8,608,144$12,910,100
57$20,823,114$10,809,451$8,854,390$13,746,976
58$22,903,617$11,295,660$9,107,557$14,651,037
59$25,194,963$11,804,324$9,367,838$15,628,404
60$27,718,615$12,336,501$9,635,425$16,685,794
61$30,498,222$12,893,298$9,910,521$17,830,576
62$33,559,847$13,475,876$10,193,329$19,070,837
63$36,932,208$14,085,451$10,484,063$20,415,453
64$40,646,952$14,723,296$10,782,937$21,874,169
65$44,738,950$15,390,747$11,090,175$23,457,685
66$49,246,632$16,089,203$11,406,005$25,177,753
67$54,212,343$16,820,128$11,730,660$27,047,281
68$59,682,747$17,585,060$12,064,383$29,080,449
69$65,709,266$18,385,606$12,407,418$31,292,840
70$72,348,564$19,223,454$12,760,020$33,701,575
71$79,663,085$20,100,371$13,122,448$36,325,474
72$87,721,638$21,018,208$13,494,968$39,185,224
73$96,600,051$21,978,905$13,877,855$42,303,565
74$106,381,882$22,984,498$14,271,390$45,705,502
75$117,159,212$24,037,116$14,675,859$49,418,530
76$129,033,510$25,138,993$15,091,559$53,472,884
77$142,116,595$26,292,470$15,518,792$57,901,821
78$156,531,686$27,500,000$15,957,871$62,741,920
79$172,414,572$28,764,154$16,409,113$68,033,418
80$189,914,887$30,087,626$16,872,847$73,820,585
81$209,197,525$31,473,240$17,349,408$80,152,126
82$230,444,200$32,923,955$17,839,140$87,081,633
83$253,855,154$34,442,875$18,342,396$94,668,080
84$279,651,052$36,033,249$18,859,540$102,976,365
85$308,075,067$37,698,485$19,390,942$112,077,913
86$339,395,169$39,442,156$19,936,983$122,051,338
87$373,906,660$41,268,005$20,498,055$132,983,169
88$411,934,957$43,179,956$21,074,559$144,968,654
89$453,838,670$45,182,121$21,666,904$158,112,647
90$500,012,982$47,278,813$22,275,513$172,530,577
91$550,893,381$49,474,549$22,900,817$188,349,526
92$606,959,772$51,774,068$23,543,260$205,709,411
93$668,741,005$54,182,334$24,203,296$224,764,285
94$736,819,871$56,704,552$24,881,390$245,683,776
95$811,838,601$59,346,178$25,578,020$268,654,668
96$894,504,929$62,112,931$26,293,674$293,882,642
97$985,598,775$65,010,807$27,028,855$321,594,198
98$1,085,979,604$68,046,091$27,784,076$352,038,773
99$1,196,594,546$71,225,372$28,559,864$385,491,071
100$1,318,487,329$74,555,555$29,356,760$422,253,628