Can I retire at age 45 with 6,400,000?

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 $6,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$528,506$523,798$519,205$514,722$510,345$501,272
2 years$261,637$256,764$252,041$247,463$243,021$233,911
3 years$172,692$167,798$163,088$158,552$154,183$145,319
4 years$128,228$123,349$118,686$114,228$109,964$101,416
5 years$101,557$96,707$92,105$87,738$83,593$75,385
6 years$83,782$78,969$74,435$70,165$66,144$58,285
7 years$71,090$66,318$61,856$57,686$53,793$46,284
8 years$61,576$56,847$52,458$48,392$44,627$37,467
9 years$54,180$49,495$45,182$41,219$37,582$30,768
10 years$48,267$43,628$39,391$35,531$32,022$25,546
11 years$43,432$38,839$34,679$30,923$27,540$21,396
12 years$39,405$34,860$30,777$27,123$23,865$18,046
13 years$36,001$31,503$27,497$23,946$20,811$15,306
14 years$33,086$28,636$24,706$21,256$18,243$13,043
15 years$30,561$26,159$22,306$18,957$16,062$11,157
16 years$28,354$24,000$20,224$16,974$14,196$9,575
17 years$26,409$22,104$18,403$15,251$12,587$8,239
18 years$24,682$20,425$16,800$13,744$11,192$7,106
19 years$23,139$18,929$15,379$12,419$9,976$6,141
20 years$21,752$17,590$14,114$11,248$8,910$5,316
21 years$20,498$16,384$12,982$10,208$7,974$4,608
22 years$19,360$15,294$11,965$9,282$7,147$3,999
23 years$18,322$14,304$11,048$8,453$6,416$3,475
24 years$17,373$13,402$10,217$7,709$5,767$3,022
25 years$16,500$12,577$9,463$7,041$5,189$2,630
26 years$15,696$11,821$8,777$6,438$4,674$2,290
27 years$14,953$11,125$8,150$5,893$4,214$1,996
28 years$14,264$10,483$7,577$5,399$3,803$1,740
29 years$13,624$9,889$7,051$4,951$3,434$1,518
30 years$13,028$9,339$6,567$4,544$3,103$1,324
31 years$12,471$8,829$6,123$4,173$2,805$1,156
32 years$11,950$8,354$5,712$3,835$2,537$1,009
33 years$11,461$7,911$5,334$3,527$2,296$881
34 years$11,003$7,498$4,984$3,245$2,079$770
35 years$10,571$7,112$4,659$2,987$1,883$673
36 years$10,165$6,750$4,359$2,751$1,706$588
37 years$9,781$6,411$4,080$2,535$1,546$514
38 years$9,418$6,093$3,820$2,336$1,402$449
39 years$9,075$5,794$3,579$2,154$1,271$393
40 years$8,750$5,512$3,355$1,987$1,153$343
41 years$8,441$5,247$3,146$1,833$1,046$300
42 years$8,148$4,997$2,951$1,692$949$262
43 years$7,869$4,761$2,769$1,562$861$230
44 years$7,604$4,538$2,599$1,442$782$201
45 years$7,351$4,328$2,441$1,332$710$176
46 years$7,110$4,129$2,292$1,230$645$154
47 years$6,880$3,940$2,153$1,137$585$134
48 years$6,660$3,761$2,024$1,050$532$117
49 years$6,450$3,592$1,902$971$483$103
50 years$6,249$3,431$1,788$897$438$90

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $6,400,000, adding $5,232 every year, while hoping to spend $54,112 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: 46/47/7 Blend
44$6,400,000$6,400,000$6,400,000$6,400,000
45$7,058,197$6,718,997$6,619,797$7,369,127
46$7,720,558$6,990,653$6,783,985$7,855,257
47$8,448,667$7,273,807$6,951,860$8,376,229
48$9,249,172$7,568,964$7,123,489$8,940,094
49$10,129,398$7,876,654$7,298,937$9,550,831
50$11,097,418$8,197,431$7,478,272$10,212,810
51$12,162,122$8,531,873$7,661,562$10,930,829
52$13,333,308$8,880,585$7,848,874$11,710,156
53$14,621,771$9,244,199$8,040,276$12,556,581
54$16,039,404$9,623,376$8,235,838$13,476,464
55$17,599,311$10,018,810$8,435,626$14,476,794
56$19,315,930$10,431,221$8,639,709$15,565,252
57$21,205,172$10,861,368$8,848,157$16,750,281
58$23,284,566$11,310,041$9,061,036$18,041,162
59$25,573,427$11,778,068$9,278,416$19,448,099
60$28,093,037$12,266,314$9,500,363$20,982,312
61$30,866,847$12,775,684$9,726,946$22,656,142
62$33,920,699$13,307,126$9,958,232$24,483,158
63$37,283,064$13,861,629$10,194,287$26,478,288
64$40,985,318$14,440,230$10,435,177$28,657,951
65$45,062,032$15,044,013$10,680,967$31,040,213
66$49,551,302$15,674,113$10,931,722$33,644,949
67$54,495,105$16,331,715$11,187,505$36,494,028
68$59,939,698$17,018,060$11,448,378$39,611,514
69$65,936,051$17,734,449$11,714,402$43,023,891
70$72,540,330$18,482,239$11,985,637$46,760,306
71$79,814,429$19,262,854$12,262,141$50,852,838
72$87,826,547$20,077,781$12,543,970$55,336,798
73$96,651,840$20,928,577$12,831,177$60,251,055
74$106,373,122$21,816,872$13,123,817$65,638,397
75$117,081,654$22,744,371$13,421,937$71,545,931
76$128,877,997$23,712,860$13,725,587$78,025,517
77$141,872,969$24,724,207$14,034,810$85,134,256
78$156,188,685$25,780,365$14,349,649$92,935,016
79$171,959,710$26,883,383$14,670,143$101,497,025
80$189,334,334$28,035,402$14,996,325$110,896,512
81$208,475,963$29,238,664$15,328,230$121,217,419
82$229,564,669$30,495,516$15,665,882$132,552,187
83$252,798,883$31,808,414$16,009,308$145,002,619
84$278,397,274$33,179,931$16,358,524$158,680,831
85$306,600,807$34,612,759$16,713,546$173,710,303
86$337,675,022$36,109,716$17,074,382$190,227,033
87$371,912,535$37,673,754$17,441,035$208,380,810
88$409,635,807$39,307,961$17,813,503$228,336,618
89$451,200,181$41,015,573$18,191,777$250,276,182
90$496,997,238$42,799,975$18,575,840$274,399,673
91$547,458,497$44,664,714$18,965,671$300,927,582
92$603,059,482$46,613,503$19,361,239$330,102,792
93$664,324,213$48,650,229$19,762,506$362,192,852
94$731,830,157$50,778,964$20,169,423$397,492,497
95$806,213,670$53,003,971$20,581,936$436,326,407
96$888,176,012$55,329,713$20,999,979$479,052,261
97$978,489,962$57,760,866$21,423,475$526,064,096
98$1,078,007,115$60,302,325$21,852,338$577,796,010
99$1,187,665,920$62,959,218$22,286,470$634,726,244
100$1,308,500,538$65,736,914$22,725,761$697,381,675