Can I retire at age 45 with 7,100,000?

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 $7,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$586,311$581,089$575,993$571,020$566,164$544,993
2 years$290,253$284,847$279,608$274,529$269,602$248,515
3 years$191,580$186,151$180,925$175,893$171,047$150,707
4 years$142,253$136,841$131,667$126,721$121,992$102,554
5 years$112,665$107,285$102,179$97,334$92,736$74,251
6 years$92,945$87,606$82,576$77,839$73,379$55,860
7 years$78,866$73,571$68,621$63,996$59,677$43,119
8 years$68,311$63,064$58,196$53,684$49,508$33,895
9 years$60,106$54,909$50,124$45,727$41,693$27,004
10 years$53,546$48,399$43,699$39,417$35,524$21,733
11 years$48,182$43,087$38,472$34,305$30,552$17,628
12 years$43,715$38,673$34,143$30,090$26,476$14,386
13 years$39,939$34,949$30,505$26,565$23,087$11,797
14 years$36,704$31,768$27,409$23,581$20,238$9,713
15 years$33,904$29,020$24,746$21,030$17,819$8,022
16 years$31,456$26,625$22,436$18,830$15,749$6,642
17 years$29,298$24,521$20,416$16,919$13,964$5,511
18 years$27,382$22,659$18,637$15,247$12,416$4,581
19 years$25,670$21,000$17,061$13,777$11,067$3,813
20 years$24,131$19,514$15,658$12,478$9,885$3,177
21 years$22,740$18,177$14,402$11,325$8,846$2,650
22 years$21,477$16,967$13,274$10,297$7,929$2,213
23 years$20,326$15,869$12,256$9,377$7,118$1,848
24 years$19,273$14,868$11,335$8,553$6,398$1,545
25 years$18,305$13,953$10,498$7,811$5,757$1,292
26 years$17,413$13,114$9,737$7,142$5,186$1,081
27 years$16,589$12,341$9,041$6,537$4,675$904
28 years$15,824$11,629$8,405$5,989$4,218$757
29 years$15,114$10,971$7,822$5,492$3,809$634
30 years$14,453$10,361$7,286$5,041$3,442$531
31 years$13,835$9,794$6,792$4,629$3,112$445
32 years$13,257$9,268$6,337$4,255$2,815$372
33 years$12,715$8,777$5,917$3,912$2,547$312
34 years$12,206$8,318$5,529$3,600$2,306$261
35 years$11,728$7,890$5,169$3,314$2,089$219
36 years$11,276$7,488$4,835$3,052$1,893$184
37 years$10,851$7,112$4,526$2,812$1,715$154
38 years$10,448$6,759$4,238$2,592$1,555$129
39 years$10,068$6,427$3,971$2,390$1,410$108
40 years$9,707$6,115$3,722$2,204$1,279$91
41 years$9,364$5,821$3,490$2,034$1,161$76
42 years$9,039$5,544$3,274$1,877$1,053$64
43 years$8,730$5,282$3,072$1,733$956$53
44 years$8,436$5,035$2,883$1,600$867$45
45 years$8,155$4,801$2,707$1,477$788$37
46 years$7,888$4,580$2,543$1,365$715$31
47 years$7,633$4,371$2,389$1,261$649$26
48 years$7,389$4,173$2,245$1,165$590$22
49 years$7,155$3,985$2,110$1,077$536$18
50 years$6,932$3,806$1,984$995$486$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $7,100,000, adding $5,398 every year, while hoping to spend $35,636 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: 63/27/10 Blend
44$7,100,000$7,100,000$7,100,000$7,100,000
45$7,829,768$7,453,468$7,343,418$8,305,433
46$8,590,488$7,780,772$7,551,506$8,951,293
47$9,427,607$8,122,919$7,765,371$9,651,577
48$10,348,880$8,480,599$7,985,168$10,415,302
49$11,362,852$8,854,535$8,211,057$11,248,620
50$12,478,939$9,245,482$8,443,203$12,158,301
51$13,707,514$9,654,234$8,681,774$13,151,788
52$15,060,009$10,081,621$8,926,942$14,237,271
53$16,549,020$10,528,510$9,178,885$15,423,759
54$18,188,426$10,995,813$9,437,784$16,721,164
55$19,993,521$11,484,484$9,703,825$18,140,395
56$21,981,157$11,995,520$9,977,200$19,693,453
57$24,169,903$12,529,968$10,258,104$21,393,546
58$26,580,221$13,088,925$10,546,738$23,255,213
59$29,234,659$13,673,537$10,843,309$25,294,453
60$32,158,061$14,285,008$11,148,027$27,528,879
61$35,377,807$14,924,597$11,461,110$29,977,877
62$38,924,066$15,593,624$11,782,779$32,662,789
63$42,830,080$16,293,472$12,113,263$35,607,110
64$47,132,485$17,025,589$12,452,793$38,836,710
65$51,871,648$17,791,492$12,801,611$42,380,067
66$57,092,052$18,592,771$13,159,962$46,268,540
67$62,842,717$19,431,092$13,528,096$50,536,661
68$69,177,659$20,308,200$13,906,271$55,222,450
69$76,156,402$21,225,924$14,294,753$60,367,780
70$83,844,539$22,186,178$14,693,812$66,018,759
71$92,314,352$23,190,971$15,103,724$72,226,166
72$101,645,492$24,242,405$15,524,776$79,045,927
73$111,925,734$25,342,684$15,957,257$86,539,633
74$123,251,801$26,494,118$16,401,467$94,775,121
75$135,730,280$27,699,126$16,857,712$103,827,107
76$149,478,629$28,960,243$17,326,306$113,777,888
77$164,626,281$30,280,126$17,807,568$124,718,111
78$181,315,869$31,661,560$18,301,830$136,747,622
79$199,704,573$33,107,462$18,809,427$149,976,408
80$219,965,602$34,620,890$19,330,704$164,525,620
81$242,289,826$36,205,047$19,866,016$180,528,719
82$266,887,586$37,863,291$20,415,725$198,132,722
83$293,990,668$39,599,142$20,980,201$217,499,586
84$323,854,503$41,416,286$21,559,824$238,807,730
85$356,760,568$43,318,589$22,154,983$262,253,708
86$393,019,048$45,310,102$22,766,077$288,054,056
87$432,971,763$47,395,069$23,393,513$316,447,333
88$476,995,395$49,577,940$24,037,708$347,696,356
89$525,505,044$51,863,378$24,699,090$382,090,679
90$578,958,145$54,256,270$25,378,096$419,949,309
91$637,858,787$56,761,738$26,075,173$461,623,713
92$702,762,472$59,385,153$26,790,781$507,501,124
93$774,281,359$62,132,140$27,525,387$558,008,179
94$853,090,042$65,008,599$28,279,471$613,614,944
95$939,931,918$68,020,712$29,053,525$674,839,332
96$1,035,626,206$71,174,959$29,848,051$742,251,981
97$1,141,075,680$74,478,133$30,663,562$816,481,629
98$1,257,275,192$77,937,354$31,500,583$898,221,033
99$1,385,321,063$81,560,086$32,359,654$988,233,495
100$1,526,421,432$85,354,151$33,241,323$1,087,360,050