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%17.5%
1 years$545,022$540,167$535,431$530,807$526,293$510,264
2 years$269,813$264,788$259,918$255,196$250,616$234,604
3 years$178,088$173,042$168,184$163,506$159,001$143,509
4 years$132,235$127,204$122,395$117,797$113,401$98,547
5 years$104,731$99,729$94,983$90,480$86,206$72,031
6 years$86,400$81,437$76,761$72,357$68,211$54,728
7 years$73,312$68,390$63,789$59,489$55,474$42,681
8 years$63,500$58,623$54,098$49,904$46,021$33,910
9 years$55,873$51,042$46,594$42,507$38,757$27,315
10 years$49,775$44,991$40,622$36,641$33,022$22,234
11 years$44,789$40,053$35,763$31,889$28,400$18,246
12 years$40,637$35,949$31,739$27,971$24,611$15,070
13 years$37,126$32,488$28,356$24,694$21,461$12,511
14 years$34,119$29,530$25,478$21,921$18,813$10,430
15 years$31,516$26,977$23,004$19,549$16,564$8,725
16 years$29,240$24,750$20,856$17,504$14,640$7,319
17 years$27,235$22,794$18,978$15,728$12,981$6,154
18 years$25,454$21,063$17,325$14,174$11,542$5,184
19 years$23,862$19,521$15,860$12,807$10,287$4,374
20 years$22,431$18,140$14,555$11,599$9,189$3,696
21 years$21,139$16,896$13,388$10,527$8,223$3,126
22 years$19,965$15,772$12,339$9,572$7,371$2,647
23 years$18,895$14,751$11,393$8,717$6,616$2,243
24 years$17,915$13,821$10,537$7,950$5,947$1,901
25 years$17,016$12,970$9,759$7,261$5,351$1,613
26 years$16,187$12,190$9,051$6,639$4,820$1,369
27 years$15,420$11,472$8,405$6,077$4,346$1,163
28 years$14,710$10,810$7,813$5,568$3,921$988
29 years$14,050$10,198$7,271$5,106$3,541$839
30 years$13,435$9,631$6,773$4,686$3,199$713
31 years$12,861$9,105$6,314$4,303$2,893$606
32 years$12,323$8,615$5,891$3,955$2,617$515
33 years$11,820$8,158$5,500$3,637$2,368$438
34 years$11,347$7,732$5,139$3,346$2,144$373
35 years$10,902$7,334$4,805$3,080$1,942$317
36 years$10,482$6,961$4,495$2,837$1,759$270
37 years$10,087$6,611$4,207$2,614$1,595$229
38 years$9,713$6,283$3,940$2,409$1,446$195
39 years$9,359$5,975$3,691$2,221$1,311$166
40 years$9,023$5,684$3,460$2,049$1,189$141
41 years$8,705$5,411$3,244$1,890$1,079$120
42 years$8,403$5,153$3,043$1,745$979$102
43 years$8,115$4,910$2,856$1,611$888$87
44 years$7,842$4,680$2,680$1,487$806$74
45 years$7,581$4,463$2,517$1,373$732$63
46 years$7,332$4,258$2,364$1,269$665$54
47 years$7,095$4,063$2,221$1,172$604$46
48 years$6,868$3,879$2,087$1,083$548$39
49 years$6,651$3,704$1,962$1,001$498$33
50 years$6,444$3,538$1,844$925$452$28

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 $2,481 every year, while hoping to spend $54,747 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: 76/13/11 Blend
44$6,600,000$6,600,000$6,600,000$6,600,000
45$7,275,759$6,925,959$6,823,659$7,813,610
46$7,959,636$7,207,081$6,994,001$8,449,398
47$8,711,434$7,500,142$7,168,215$9,138,975
48$9,538,022$7,805,671$7,346,372$9,893,344
49$10,446,970$8,124,219$7,528,546$10,718,928
50$11,446,617$8,456,362$7,714,808$11,622,798
51$12,546,151$8,802,702$7,905,233$12,612,740
52$13,755,694$9,163,871$8,099,894$13,697,327
53$15,086,401$9,540,526$8,298,866$14,885,999
54$16,550,560$9,933,358$8,502,224$16,189,150
55$18,161,711$10,343,087$8,710,043$17,618,228
56$19,934,775$10,770,467$8,922,399$19,185,840
57$21,886,188$11,216,287$9,139,366$20,905,869
58$24,034,065$11,681,371$9,361,020$22,793,608
59$26,398,364$12,166,581$9,587,438$24,865,896
60$29,001,074$12,672,821$9,818,695$27,141,286
61$31,866,429$13,201,035$10,054,866$29,640,207
62$35,021,128$13,752,209$10,296,027$32,385,166
63$38,494,592$14,327,376$10,542,254$35,400,954
64$42,319,241$14,927,618$10,793,620$38,714,878
65$46,530,798$15,554,066$11,050,200$42,357,020
66$51,168,625$16,207,901$11,312,068$46,360,517
67$56,276,100$16,890,363$11,579,297$50,761,874
68$61,901,017$17,602,746$11,851,958$55,601,308
69$68,096,045$18,346,405$12,130,123$60,923,123
70$74,919,222$19,122,759$12,413,863$66,776,126
71$82,434,501$19,933,292$12,703,245$73,214,091
72$90,712,353$20,779,557$12,998,337$80,296,260
73$99,830,437$21,663,179$13,299,205$88,087,901
74$109,874,327$22,585,859$13,605,914$96,660,925
75$120,938,320$23,549,379$13,918,524$106,094,557
76$133,126,330$24,555,600$14,237,096$116,476,090
77$146,552,865$25,606,473$14,561,688$127,901,698
78$161,344,107$26,704,040$14,892,354$140,477,346
79$177,639,106$27,850,438$15,229,148$154,319,790
80$195,591,088$29,047,903$15,572,118$169,557,670
81$215,368,906$30,298,777$15,921,311$186,332,729
82$237,158,628$31,605,511$16,276,768$204,801,143
83$261,165,298$32,970,671$16,638,530$225,134,993
84$287,614,868$34,396,943$17,006,630$247,523,891
85$316,756,331$35,887,140$17,381,098$272,176,761
86$348,864,073$37,444,206$17,761,961$299,323,811
87$384,240,460$39,071,223$18,149,239$329,218,702
88$423,218,694$40,771,421$18,542,946$362,140,941
89$466,165,959$42,548,178$18,943,092$398,398,512
90$513,486,881$44,405,034$19,349,680$438,330,783
91$565,627,355$46,345,693$19,762,707$482,311,705
92$623,078,750$48,374,036$20,182,162$530,753,336
93$686,382,545$50,494,126$20,608,027$584,109,731
94$756,135,444$52,710,218$21,040,275$642,881,218
95$832,995,008$55,026,768$21,478,874$707,619,122
96$917,685,861$57,448,441$21,923,778$778,930,963
97$1,011,006,530$59,980,126$22,374,936$857,486,182
98$1,113,836,984$62,626,940$22,832,283$944,022,465
99$1,227,146,939$65,394,242$23,295,748$1,039,352,691
100$1,352,005,015$68,287,648$23,765,243$1,144,372,606