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%17.3%
1 years$619,343$613,826$608,444$603,190$598,061$580,311
2 years$306,605$300,895$295,361$289,995$284,791$267,055
3 years$202,373$196,638$191,118$185,803$180,683$163,517
4 years$150,267$144,550$139,085$133,860$128,865$112,400
5 years$119,012$113,329$107,936$102,818$97,961$82,243
6 years$98,182$92,542$87,228$82,224$77,513$62,555
7 years$83,309$77,716$72,487$67,601$63,039$48,841
8 years$72,160$66,617$61,475$56,709$52,297$38,850
9 years$63,492$58,002$52,948$48,303$44,041$31,332
10 years$56,562$51,126$46,161$41,638$37,526$25,536
11 years$50,896$45,515$40,640$36,237$32,273$20,982
12 years$46,178$40,851$36,067$31,785$27,967$17,353
13 years$42,189$36,918$32,223$28,062$24,388$14,426
14 years$38,772$33,557$28,953$24,910$21,378$12,043
15 years$35,814$30,655$26,140$22,215$18,823$10,088
16 years$33,228$28,126$23,700$19,891$16,636$8,475
17 years$30,948$25,903$21,566$17,872$14,751$7,136
18 years$28,925$23,935$19,687$16,106$13,116$6,021
19 years$27,116$22,183$18,023$14,554$11,690$5,088
20 years$25,490$20,613$16,540$13,181$10,442$4,305
21 years$24,021$19,201$15,214$11,963$9,344$3,647
22 years$22,687$17,923$14,022$10,877$8,376$3,093
23 years$21,471$16,763$12,947$9,906$7,519$2,625
24 years$20,358$15,706$11,974$9,035$6,758$2,229
25 years$19,336$14,739$11,090$8,251$6,081$1,894
26 years$18,394$13,852$10,285$7,544$5,478$1,610
27 years$17,523$13,037$9,551$6,905$4,939$1,369
28 years$16,716$12,284$8,879$6,327$4,456$1,165
29 years$15,966$11,589$8,262$5,802$4,024$992
30 years$15,267$10,945$7,696$5,325$3,636$844
31 years$14,614$10,346$7,175$4,890$3,287$719
32 years$14,004$9,790$6,694$4,494$2,973$612
33 years$13,431$9,271$6,251$4,133$2,691$521
34 years$12,894$8,787$5,840$3,803$2,436$444
35 years$12,388$8,334$5,460$3,500$2,207$378
36 years$11,912$7,910$5,108$3,224$1,999$322
37 years$11,462$7,513$4,781$2,970$1,812$275
38 years$11,037$7,140$4,477$2,738$1,643$234
39 years$10,635$6,789$4,194$2,524$1,490$200
40 years$10,254$6,460$3,931$2,328$1,351$170
41 years$9,892$6,149$3,686$2,148$1,226$145
42 years$9,549$5,856$3,458$1,983$1,112$124
43 years$9,222$5,580$3,245$1,830$1,010$105
44 years$8,911$5,319$3,046$1,690$916$90
45 years$8,615$5,072$2,860$1,561$832$76
46 years$8,332$4,838$2,686$1,442$755$65
47 years$8,063$4,617$2,524$1,332$686$56
48 years$7,805$4,408$2,372$1,231$623$47
49 years$7,558$4,209$2,229$1,137$566$40
50 years$7,323$4,021$2,096$1,051$514$34

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 $5,734 every year, while hoping to spend $41,121 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: 33/43/24 Blend
44$7,500,000$7,500,000$7,500,000$7,500,000
45$8,270,915$7,873,415$7,757,165$8,482,978
46$9,070,795$8,215,460$7,973,277$8,984,871
47$9,950,886$8,572,886$8,195,251$9,521,294
48$10,919,324$8,946,406$8,423,240$10,098,599
49$11,985,077$9,336,761$8,657,400$10,720,421
50$13,158,023$9,744,731$8,897,892$11,390,745
51$14,449,050$10,171,131$9,144,880$12,113,937
52$15,870,152$10,616,816$9,398,532$12,894,787
53$17,434,547$11,082,679$9,659,022$13,738,547
54$19,156,797$11,569,657$9,926,526$14,650,981
55$21,052,951$12,078,730$10,201,225$15,638,412
56$23,140,691$12,610,927$10,483,305$16,707,778
57$25,439,500$13,167,321$10,772,954$17,866,699
58$27,970,850$13,749,041$11,070,369$19,123,538
59$30,758,397$14,357,265$11,375,747$20,487,481
60$33,828,212$14,993,229$11,689,293$21,968,615
61$37,209,021$15,658,228$12,011,215$23,578,024
62$40,932,477$16,353,617$12,341,727$25,327,884
63$45,033,463$17,080,817$12,681,048$27,231,573
64$49,550,413$17,841,315$13,029,400$29,303,797
65$54,525,684$18,636,668$13,387,014$31,560,718
66$60,005,949$19,468,509$13,754,124$34,020,103
67$66,042,637$20,338,548$14,130,969$36,701,487
68$72,692,425$21,248,575$14,517,795$39,626,349
69$80,017,764$22,200,467$14,914,852$42,818,309
70$88,087,475$23,196,189$15,322,399$46,303,345
71$96,977,395$24,237,801$15,740,697$50,110,030
72$106,771,095$25,327,458$16,170,016$54,269,795
73$117,560,665$26,467,422$16,610,630$58,817,217
74$129,447,588$27,660,061$17,062,821$63,790,340
75$142,543,692$28,907,854$17,526,876$69,231,022
76$156,972,210$30,213,401$18,003,088$75,185,322
77$172,868,944$31,579,425$18,491,759$81,703,930
78$190,383,539$33,008,780$18,993,197$88,842,630
79$209,680,905$34,504,455$19,507,714$96,662,818
80$230,942,767$36,069,583$20,035,632$105,232,075
81$254,369,383$37,707,447$20,577,279$114,624,788
82$280,181,433$39,421,484$21,132,991$124,922,844
83$308,622,103$41,215,301$21,703,110$136,216,391
84$339,959,379$43,092,672$22,287,986$148,604,676
85$374,488,579$45,057,557$22,887,976$162,196,968
86$412,535,138$47,114,100$23,503,447$177,113,576
87$454,457,680$49,266,650$24,134,771$193,486,971
88$500,651,406$51,519,758$24,782,329$211,463,020
89$551,551,822$53,878,199$25,446,510$231,202,349
90$607,638,851$56,346,974$26,127,711$252,881,841
91$669,441,363$58,931,324$26,826,337$276,696,291
92$737,542,165$61,636,743$27,542,804$302,860,224
93$812,583,510$64,468,987$28,277,531$331,609,902
94$895,273,152$67,434,091$29,030,952$363,205,537
95$986,391,030$70,538,378$29,803,505$397,933,723
96$1,086,796,632$73,788,476$30,595,640$436,110,122
97$1,197,437,107$77,191,330$31,407,813$478,082,422
98$1,319,356,208$80,754,221$32,240,491$524,233,594
99$1,453,704,144$84,484,781$33,094,150$574,985,483
100$1,601,748,438$88,391,006$33,969,275$630,802,766