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

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 $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%12.1%
1 years$586,311$581,089$575,993$571,020$566,164$561,186
2 years$290,253$284,847$279,608$274,529$269,602$264,586
3 years$191,580$186,151$180,925$175,893$171,047$166,147
4 years$142,253$136,841$131,667$126,721$121,992$117,248
5 years$112,665$107,285$102,179$97,334$92,736$88,161
6 years$92,945$87,606$82,576$77,839$73,379$68,978
7 years$78,866$73,571$68,621$63,996$59,677$55,452
8 years$68,311$63,064$58,196$53,684$49,508$45,460
9 years$60,106$54,909$50,124$45,727$41,693$37,820
10 years$53,546$48,399$43,699$39,417$35,524$31,824
11 years$48,182$43,087$38,472$34,305$30,552$27,022
12 years$43,715$38,673$34,143$30,090$26,476$23,113
13 years$39,939$34,949$30,505$26,565$23,087$19,887
14 years$36,704$31,768$27,409$23,581$20,238$17,197
15 years$33,904$29,020$24,746$21,030$17,819$14,933
16 years$31,456$26,625$22,436$18,830$15,749$13,012
17 years$29,298$24,521$20,416$16,919$13,964$11,372
18 years$27,382$22,659$18,637$15,247$12,416$9,965
19 years$25,670$21,000$17,061$13,777$11,067$8,750
20 years$24,131$19,514$15,658$12,478$9,885$7,699
21 years$22,740$18,177$14,402$11,325$8,846$6,785
22 years$21,477$16,967$13,274$10,297$7,929$5,988
23 years$20,326$15,869$12,256$9,377$7,118$5,291
24 years$19,273$14,868$11,335$8,553$6,398$4,681
25 years$18,305$13,953$10,498$7,811$5,757$4,145
26 years$17,413$13,114$9,737$7,142$5,186$3,673
27 years$16,589$12,341$9,041$6,537$4,675$3,258
28 years$15,824$11,629$8,405$5,989$4,218$2,891
29 years$15,114$10,971$7,822$5,492$3,809$2,567
30 years$14,453$10,361$7,286$5,041$3,442$2,281
31 years$13,835$9,794$6,792$4,629$3,112$2,027
32 years$13,257$9,268$6,337$4,255$2,815$1,803
33 years$12,715$8,777$5,917$3,912$2,547$1,603
34 years$12,206$8,318$5,529$3,600$2,306$1,427
35 years$11,728$7,890$5,169$3,314$2,089$1,270
36 years$11,276$7,488$4,835$3,052$1,893$1,130
37 years$10,851$7,112$4,526$2,812$1,715$1,007
38 years$10,448$6,759$4,238$2,592$1,555$897
39 years$10,068$6,427$3,971$2,390$1,410$799
40 years$9,707$6,115$3,722$2,204$1,279$712
41 years$9,364$5,821$3,490$2,034$1,161$634
42 years$9,039$5,544$3,274$1,877$1,053$565
43 years$8,730$5,282$3,072$1,733$956$504
44 years$8,436$5,035$2,883$1,600$867$449
45 years$8,155$4,801$2,707$1,477$788$400
46 years$7,888$4,580$2,543$1,365$715$357
47 years$7,633$4,371$2,389$1,261$649$318
48 years$7,389$4,173$2,245$1,165$590$284
49 years$7,155$3,985$2,110$1,077$536$253
50 years$6,932$3,806$1,984$995$486$225

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 $4,100 every year, while hoping to spend $45,666 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: 65/29/6 Blend
44$7,100,000$7,100,000$7,100,000$7,100,000
45$7,828,429$7,452,129$7,342,079$8,329,449
46$8,578,341$7,768,695$7,539,451$8,979,511
47$9,403,213$8,099,242$7,741,903$9,683,603
48$10,310,643$8,444,408$7,949,560$10,451,605
49$11,309,002$8,804,858$8,162,544$11,289,724
50$12,407,515$9,181,290$8,380,983$12,204,787
51$13,616,343$9,574,435$8,605,008$13,204,304
52$14,946,684$9,985,056$8,834,750$14,296,536
53$16,410,876$10,413,955$9,070,345$15,490,574
54$18,022,515$10,861,968$9,311,930$16,796,418
55$19,796,579$11,329,972$9,559,647$18,225,074
56$21,749,574$11,818,884$9,813,640$19,788,654
57$23,899,688$12,329,667$10,074,054$21,500,486
58$26,266,961$12,863,325$10,341,039$23,375,241
59$28,873,474$13,420,912$10,614,748$25,429,066
60$31,743,562$14,003,530$10,895,335$27,679,736
61$34,904,036$14,612,333$11,182,959$30,146,818
62$38,384,441$15,248,531$11,477,781$32,851,853
63$42,217,333$15,913,388$11,779,967$35,818,556
64$46,438,587$16,608,230$12,089,682$39,073,038
65$51,087,735$17,334,445$12,407,098$42,644,048
66$56,208,336$18,093,486$12,732,388$46,563,241
67$61,848,393$18,886,873$13,065,730$50,865,476
68$68,060,800$19,716,201$13,407,302$55,589,136
69$74,903,845$20,583,137$13,757,290$60,776,492
70$82,441,756$21,489,431$14,115,879$66,474,096
71$90,745,313$22,436,910$14,483,258$72,733,213
72$99,892,509$23,427,493$14,859,622$79,610,308
73$109,969,292$24,463,187$15,245,165$87,167,566
74$121,070,370$25,546,093$15,640,089$95,473,480
75$133,300,110$26,678,415$16,044,594$104,603,491
76$146,773,522$27,862,458$16,458,889$114,640,694
77$161,617,341$29,100,638$16,883,182$125,676,619
78$177,971,227$30,395,486$17,317,685$137,812,087
79$195,989,080$31,749,653$17,762,615$151,158,157
80$215,840,495$33,165,914$18,218,191$165,837,168
81$237,712,360$34,647,179$18,684,636$181,983,888
82$261,810,624$36,196,494$19,162,175$199,746,778
83$288,362,237$37,817,051$19,651,037$219,289,388
84$317,617,293$39,512,194$20,151,454$240,791,892
85$349,851,390$41,285,425$20,663,661$264,452,783
86$385,368,235$43,140,414$21,187,897$290,490,737
87$424,502,506$45,081,006$21,724,403$319,146,668
88$467,623,015$47,111,228$22,273,423$350,685,998
89$515,136,185$49,235,301$22,835,205$385,401,146
90$567,489,890$51,457,645$23,409,999$423,614,286
91$625,177,682$53,782,893$23,998,057$465,680,376
92$688,743,450$56,215,899$24,599,636$511,990,494
93$758,786,552$58,761,748$25,214,994$562,975,524
94$835,967,475$61,425,768$25,844,391$619,110,213
95$921,014,070$64,213,543$26,488,091$680,917,633
96$1,014,728,422$67,130,924$27,146,359$748,974,116
97$1,117,994,421$70,184,040$27,819,462$823,914,675
98$1,231,786,110$73,379,315$28,507,672$906,438,986
99$1,357,176,872$76,723,481$29,211,258$997,317,981
100$1,495,349,573$80,223,591$29,930,495$1,097,401,109