Can I retire at age 45 with 6,600,000?

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 $6,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$545,022$540,167$535,431$530,807$526,293$524,076
2 years$269,813$264,788$259,918$255,196$250,616$248,377
3 years$178,088$173,042$168,184$163,506$159,001$156,810
4 years$132,235$127,204$122,395$117,797$113,401$111,275
5 years$104,731$99,729$94,983$90,480$86,206$84,151
6 years$86,400$81,437$76,761$72,357$68,211$66,231
7 years$73,312$68,390$63,789$59,489$55,474$53,569
8 years$63,500$58,623$54,098$49,904$46,021$44,191
9 years$55,873$51,042$46,594$42,507$38,757$37,001
10 years$49,775$44,991$40,622$36,641$33,022$31,340
11 years$44,789$40,053$35,763$31,889$28,400$26,791
12 years$40,637$35,949$31,739$27,971$24,611$23,074
13 years$37,126$32,488$28,356$24,694$21,461$19,994
14 years$34,119$29,530$25,478$21,921$18,813$17,414
15 years$31,516$26,977$23,004$19,549$16,564$15,232
16 years$29,240$24,750$20,856$17,504$14,640$13,373
17 years$27,235$22,794$18,978$15,728$12,981$11,777
18 years$25,454$21,063$17,325$14,174$11,542$10,399
19 years$23,862$19,521$15,860$12,807$10,287$9,204
20 years$22,431$18,140$14,555$11,599$9,189$8,163
21 years$21,139$16,896$13,388$10,527$8,223$7,252
22 years$19,965$15,772$12,339$9,572$7,371$6,453
23 years$18,895$14,751$11,393$8,717$6,616$5,750
24 years$17,915$13,821$10,537$7,950$5,947$5,129
25 years$17,016$12,970$9,759$7,261$5,351$4,581
26 years$16,187$12,190$9,051$6,639$4,820$4,094
27 years$15,420$11,472$8,405$6,077$4,346$3,663
28 years$14,710$10,810$7,813$5,568$3,921$3,279
29 years$14,050$10,198$7,271$5,106$3,541$2,938
30 years$13,435$9,631$6,773$4,686$3,199$2,633
31 years$12,861$9,105$6,314$4,303$2,893$2,362
32 years$12,323$8,615$5,891$3,955$2,617$2,119
33 years$11,820$8,158$5,500$3,637$2,368$1,902
34 years$11,347$7,732$5,139$3,346$2,144$1,708
35 years$10,902$7,334$4,805$3,080$1,942$1,534
36 years$10,482$6,961$4,495$2,837$1,759$1,379
37 years$10,087$6,611$4,207$2,614$1,595$1,239
38 years$9,713$6,283$3,940$2,409$1,446$1,114
39 years$9,359$5,975$3,691$2,221$1,311$1,002
40 years$9,023$5,684$3,460$2,049$1,189$901
41 years$8,705$5,411$3,244$1,890$1,079$810
42 years$8,403$5,153$3,043$1,745$979$729
43 years$8,115$4,910$2,856$1,611$888$656
44 years$7,842$4,680$2,680$1,487$806$590
45 years$7,581$4,463$2,517$1,373$732$531
46 years$7,332$4,258$2,364$1,269$665$478
47 years$7,095$4,063$2,221$1,172$604$430
48 years$6,868$3,879$2,087$1,083$548$387
49 years$6,651$3,704$1,962$1,001$498$349
50 years$6,444$3,538$1,844$925$452$314

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $6,600,000, adding $4,902 every year, while hoping to spend $23,110 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: 73/17/10 Blend
44$6,600,000$6,600,000$6,600,000$6,600,000
45$7,278,256$6,928,456$6,826,156$7,795,665
46$7,996,050$7,243,362$7,030,244$8,452,905
47$8,786,283$7,572,923$7,240,394$9,169,172
48$9,656,322$7,917,834$7,456,784$9,953,024
49$10,614,280$8,278,822$7,679,600$10,811,137
50$11,669,100$8,656,647$7,909,030$11,750,860
51$12,830,635$9,052,110$8,145,269$12,780,282
52$14,109,742$9,466,045$8,388,518$13,908,308
53$15,518,385$9,899,330$8,638,983$15,144,738
54$17,069,747$10,352,884$8,896,875$16,500,365
55$18,778,355$10,827,670$9,162,415$17,987,070
56$20,660,218$11,324,696$9,435,826$19,617,933
57$22,732,974$11,845,020$9,717,340$21,407,357
58$25,016,062$12,389,751$10,007,196$23,371,202
59$27,530,901$12,960,049$10,305,637$25,526,932
60$30,301,095$13,557,133$10,612,918$27,893,777
61$33,352,652$14,182,279$10,929,297$30,492,916
62$36,714,235$14,836,823$11,255,041$33,347,672
63$40,417,428$15,522,168$11,590,425$36,483,731
64$44,497,033$16,239,782$11,935,732$39,929,383
65$48,991,405$16,991,206$12,291,254$43,715,787
66$53,942,807$17,778,053$12,657,289$47,877,260
67$59,397,811$18,602,016$13,034,146$52,451,602
68$65,407,740$19,464,867$13,422,142$57,480,449
69$72,029,150$20,368,465$13,821,604$63,009,664
70$79,324,362$21,314,759$14,232,867$69,089,763
71$87,362,056$22,305,791$14,656,277$75,776,397
72$96,217,913$23,343,702$15,092,189$83,130,867
73$105,975,332$24,430,736$15,540,970$91,220,702
74$116,726,219$25,569,245$16,002,995$100,120,295
75$128,571,850$26,761,695$16,478,652$109,911,599
76$141,623,832$28,010,671$16,968,340$120,684,900
77$156,005,152$29,318,883$17,472,469$132,539,661
78$171,851,341$30,689,171$17,991,460$145,585,461
79$189,311,752$32,124,514$18,525,747$159,943,027
80$208,550,968$33,628,034$19,075,778$175,745,361
81$229,750,362$35,203,003$19,642,012$193,139,001
82$253,109,801$36,852,851$20,224,921$212,285,394
83$278,849,536$38,581,177$20,824,992$233,362,415
84$307,212,285$40,391,751$21,442,725$256,566,044
85$338,465,517$42,288,525$22,078,635$282,112,209
86$372,903,982$44,275,646$22,733,252$310,238,818
87$410,852,493$46,357,457$23,407,120$341,208,002
88$452,668,989$48,538,514$24,100,801$375,308,578
89$498,747,919$50,823,594$24,814,870$412,858,777
90$549,523,960$53,217,704$25,549,922$454,209,233
91$605,476,126$55,726,093$26,306,566$499,746,294
92$667,132,286$58,354,266$27,085,431$549,895,655
93$735,074,147$61,107,994$27,887,162$605,126,374
94$809,942,752$63,993,327$28,712,423$665,955,291
95$892,444,522$67,016,609$29,561,898$732,951,895
96$983,357,932$70,184,492$30,436,291$806,743,699
97$1,083,540,858$73,503,949$31,336,324$888,022,148
98$1,193,938,676$76,982,293$32,262,741$977,549,139
99$1,315,593,185$80,627,190$33,216,307$1,076,164,206
100$1,449,652,447$84,446,679$34,197,810$1,184,792,433