Can I retire at age 45 with 7,500,000?

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 $7,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$619,343$613,826$608,444$603,190$598,061$586,225
2 years$306,605$300,895$295,361$289,995$284,791$272,917
3 years$202,373$196,638$191,118$185,803$180,683$169,141
4 years$150,267$144,550$139,085$133,860$128,865$117,743
5 years$119,012$113,329$107,936$102,818$97,961$87,291
6 years$98,182$92,542$87,228$82,224$77,513$67,307
7 years$83,309$77,716$72,487$67,601$63,039$53,300
8 years$72,160$66,617$61,475$56,709$52,297$43,021
9 years$63,492$58,002$52,948$48,303$44,041$35,223
10 years$56,562$51,126$46,161$41,638$37,526$29,156
11 years$50,896$45,515$40,640$36,237$32,273$24,343
12 years$46,178$40,851$36,067$31,785$27,967$20,464
13 years$42,189$36,918$32,223$28,062$24,388$17,300
14 years$38,772$33,557$28,953$24,910$21,378$14,692
15 years$35,814$30,655$26,140$22,215$18,823$12,524
16 years$33,228$28,126$23,700$19,891$16,636$10,710
17 years$30,948$25,903$21,566$17,872$14,751$9,184
18 years$28,925$23,935$19,687$16,106$13,116$7,892
19 years$27,116$22,183$18,023$14,554$11,690$6,795
20 years$25,490$20,613$16,540$13,181$10,442$5,860
21 years$24,021$19,201$15,214$11,963$9,344$5,060
22 years$22,687$17,923$14,022$10,877$8,376$4,375
23 years$21,471$16,763$12,947$9,906$7,519$3,786
24 years$20,358$15,706$11,974$9,035$6,758$3,280
25 years$19,336$14,739$11,090$8,251$6,081$2,843
26 years$18,394$13,852$10,285$7,544$5,478$2,466
27 years$17,523$13,037$9,551$6,905$4,939$2,140
28 years$16,716$12,284$8,879$6,327$4,456$1,858
29 years$15,966$11,589$8,262$5,802$4,024$1,614
30 years$15,267$10,945$7,696$5,325$3,636$1,403
31 years$14,614$10,346$7,175$4,890$3,287$1,220
32 years$14,004$9,790$6,694$4,494$2,973$1,060
33 years$13,431$9,271$6,251$4,133$2,691$922
34 years$12,894$8,787$5,840$3,803$2,436$802
35 years$12,388$8,334$5,460$3,500$2,207$698
36 years$11,912$7,910$5,108$3,224$1,999$607
37 years$11,462$7,513$4,781$2,970$1,812$529
38 years$11,037$7,140$4,477$2,738$1,643$460
39 years$10,635$6,789$4,194$2,524$1,490$400
40 years$10,254$6,460$3,931$2,328$1,351$349
41 years$9,892$6,149$3,686$2,148$1,226$304
42 years$9,549$5,856$3,458$1,983$1,112$264
43 years$9,222$5,580$3,245$1,830$1,010$230
44 years$8,911$5,319$3,046$1,690$916$200
45 years$8,615$5,072$2,860$1,561$832$175
46 years$8,332$4,838$2,686$1,442$755$152
47 years$8,063$4,617$2,524$1,332$686$132
48 years$7,805$4,408$2,372$1,231$623$115
49 years$7,558$4,209$2,229$1,137$566$100
50 years$7,323$4,021$2,096$1,051$514$87

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $7,500,000, adding $3,546 every year, while hoping to spend $44,078 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: 48/45/7 Blend
44$7,500,000$7,500,000$7,500,000$7,500,000
45$8,268,658$7,871,158$7,754,908$8,650,130
46$9,065,162$8,209,946$7,967,798$9,250,484
47$9,941,433$8,563,857$8,186,344$9,896,979
48$10,905,559$8,933,586$8,410,686$10,597,835
49$11,966,454$9,319,860$8,640,973$11,358,123
50$13,133,940$9,723,441$8,877,352$12,183,406
51$14,418,836$10,145,124$9,119,978$13,079,795
52$15,833,067$10,585,744$9,369,007$14,054,004
53$17,389,770$11,046,176$9,624,599$15,113,406
54$19,103,421$11,527,333$9,886,917$16,266,101
55$20,989,971$12,030,173$10,156,130$17,520,992
56$23,066,996$12,555,700$10,432,409$18,887,860
57$25,353,864$13,104,963$10,715,928$20,377,460
58$27,871,913$13,679,062$11,006,868$22,001,612
59$30,644,661$14,279,149$11,305,410$23,773,310
60$33,698,018$14,906,428$11,611,743$25,706,845
61$37,060,537$15,562,164$11,926,057$27,817,930
62$40,763,680$16,247,679$12,248,549$30,123,845
63$44,842,117$16,964,357$12,579,417$32,643,598
64$49,334,052$17,713,650$12,918,867$35,398,096
65$54,281,583$18,497,076$13,267,106$38,410,341
66$59,731,099$19,316,227$13,624,348$41,705,638
67$65,733,718$20,172,769$13,990,811$45,311,827
68$72,345,771$21,068,449$14,366,717$49,259,547
69$79,629,331$22,005,094$14,752,293$53,582,511
70$87,652,799$22,984,620$15,147,771$58,317,822
71$96,491,551$24,009,033$15,553,388$63,506,314
72$106,228,648$25,080,434$15,969,385$69,192,935
73$116,955,620$26,201,025$16,396,009$75,427,156
74$128,773,330$27,373,112$16,833,513$82,263,437
75$141,792,925$28,599,111$17,282,152$89,761,730
76$156,136,889$29,881,552$17,742,188$97,988,037
77$171,940,190$31,223,087$18,213,891$107,015,023
78$189,351,565$32,626,493$18,697,531$116,922,694
79$208,534,914$34,094,681$19,193,388$127,799,142
80$229,670,854$35,630,699$19,701,745$139,741,364
81$252,958,419$37,237,741$20,222,892$152,856,172
82$278,616,942$38,919,154$20,757,122$167,261,185
83$306,888,121$40,678,445$21,304,738$183,085,930
84$338,038,308$42,519,286$21,866,044$200,473,051
85$372,361,012$44,445,529$22,441,354$219,579,644
86$410,179,681$46,461,205$23,030,985$240,578,727
87$451,850,746$48,570,541$23,635,260$263,660,857
88$497,766,990$50,777,966$24,254,510$289,035,915
89$548,361,257$53,088,121$24,889,070$316,935,072
90$604,110,533$55,505,866$25,539,282$347,612,957
91$665,540,453$58,036,299$26,205,493$381,350,040
92$733,230,260$60,684,759$26,888,058$418,455,263
93$807,818,275$63,456,840$27,587,336$459,268,941
94$890,007,921$66,358,407$28,303,693$504,165,951
95$980,574,364$69,395,605$29,037,503$553,559,254
96$1,080,371,832$72,574,872$29,789,142$607,903,768
97$1,190,341,677$75,902,959$30,558,996$667,700,647
98$1,311,521,262$79,386,937$31,347,456$733,501,980
99$1,445,053,753$83,034,220$32,154,918$805,915,986
100$1,592,198,913$86,852,574$32,981,786$885,612,725