Can I retire at age 45 with 7,600,000?

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 $7,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$627,601$622,011$616,556$611,233$606,035$582,219
2 years$310,694$304,907$299,299$293,862$288,588$264,886
3 years$205,072$199,260$193,666$188,280$183,092$160,250
4 years$152,271$146,477$140,940$135,645$130,583$108,774
5 years$120,599$114,840$109,375$104,189$99,267$78,547
6 years$99,491$93,775$88,391$83,320$78,547$58,929
7 years$84,420$78,753$73,453$68,502$63,879$45,357
8 years$73,122$67,505$62,294$57,465$52,994$35,549
9 years$64,339$58,776$53,654$48,947$44,629$28,235
10 years$57,317$51,808$46,777$42,193$38,026$22,651
11 years$51,575$46,121$41,182$36,721$32,704$18,313
12 years$46,794$41,396$36,548$32,209$28,340$14,895
13 years$42,751$37,410$32,653$28,436$24,713$12,173
14 years$39,289$34,005$29,339$25,242$21,663$9,987
15 years$36,291$31,064$26,489$22,511$19,074$8,219
16 years$33,671$28,501$24,016$20,157$16,858$6,781
17 years$31,361$26,248$21,854$18,110$14,947$5,605
18 years$29,310$24,254$19,950$16,321$13,290$4,642
19 years$27,477$22,479$18,263$14,748$11,846$3,849
20 years$25,830$20,888$16,761$13,357$10,581$3,195
21 years$24,341$19,457$15,417$12,122$9,469$2,655
22 years$22,990$18,162$14,209$11,022$8,488$2,208
23 years$21,758$16,987$13,119$10,038$7,619$1,837
24 years$20,630$15,915$12,133$9,155$6,848$1,529
25 years$19,594$14,936$11,238$8,361$6,162$1,274
26 years$18,639$14,037$10,422$7,645$5,551$1,061
27 years$17,757$13,211$9,678$6,997$5,004$885
28 years$16,939$12,448$8,997$6,411$4,516$737
29 years$16,179$11,744$8,373$5,879$4,077$615
30 years$15,470$11,091$7,799$5,396$3,684$513
31 years$14,809$10,484$7,271$4,955$3,331$428
32 years$14,190$9,920$6,784$4,554$3,013$357
33 years$13,610$9,395$6,334$4,188$2,727$298
34 years$13,066$8,904$5,918$3,853$2,469$248
35 years$12,553$8,445$5,533$3,547$2,236$207
36 years$12,071$8,016$5,176$3,267$2,026$173
37 years$11,615$7,613$4,845$3,010$1,836$144
38 years$11,184$7,235$4,537$2,774$1,665$120
39 years$10,777$6,880$4,250$2,558$1,510$101
40 years$10,390$6,546$3,984$2,359$1,369$84
41 years$10,024$6,231$3,736$2,177$1,242$70
42 years$9,676$5,934$3,504$2,009$1,127$58
43 years$9,345$5,654$3,288$1,855$1,023$49
44 years$9,030$5,389$3,087$1,712$929$41
45 years$8,730$5,139$2,898$1,581$843$34
46 years$8,443$4,903$2,722$1,461$765$28
47 years$8,170$4,679$2,557$1,350$695$24
48 years$7,909$4,466$2,403$1,247$631$20
49 years$7,659$4,265$2,259$1,153$573$16
50 years$7,420$4,074$2,124$1,065$521$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $7,600,000, adding $2,885 every year, while hoping to spend $39,761 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: 69/18/13 Blend
44$7,600,000$7,600,000$7,600,000$7,600,000
45$8,378,176$7,975,376$7,857,576$8,931,964
46$9,190,444$8,323,864$8,078,499$9,648,864
47$10,084,232$8,688,095$8,305,491$10,427,865
48$11,067,811$9,068,799$8,538,712$11,279,092
49$12,150,297$9,466,740$8,778,329$12,209,644
50$13,341,734$9,882,717$9,024,510$13,227,332
51$14,653,189$10,317,569$9,277,429$14,340,752
52$16,096,857$10,772,172$9,537,265$15,559,366
53$17,686,173$11,247,445$9,804,200$16,893,590
54$19,435,944$11,744,351$10,078,422$18,354,888
55$21,362,484$12,263,897$10,360,123$19,955,882
56$23,483,769$12,807,140$10,649,499$21,710,466
57$25,819,608$13,375,184$10,946,751$23,633,938
58$28,391,828$13,969,189$11,252,087$25,743,143
59$31,224,481$14,590,365$11,565,719$28,056,626
60$34,344,070$15,239,985$11,887,863$30,594,808
61$37,779,800$15,919,380$12,218,741$33,380,179
62$41,563,853$16,629,942$12,558,582$36,437,502
63$45,731,690$17,373,134$12,907,619$39,794,049
64$50,322,388$18,150,484$13,266,090$43,479,855
65$55,379,010$18,963,595$13,634,242$47,527,998
66$60,949,004$19,814,146$14,012,324$51,974,909
67$67,084,659$20,703,897$14,400,594$56,860,715
68$73,843,596$21,634,689$14,799,315$62,229,611
69$81,289,307$22,608,453$15,208,757$68,130,278
70$89,491,762$23,627,213$15,629,196$74,616,338
71$98,528,062$24,693,086$16,060,914$81,746,855
72$108,483,170$25,808,294$16,504,201$89,586,894
73$119,450,715$26,975,162$16,959,353$98,208,125
74$131,533,871$28,196,128$17,426,674$107,689,502
75$144,846,333$29,473,745$17,906,475$118,118,001
76$159,513,390$30,810,690$18,399,073$129,589,437
77$175,673,109$32,209,766$18,904,795$142,209,365
78$193,477,633$33,673,912$19,423,972$156,094,075
79$213,094,623$35,206,205$19,956,947$171,371,678
80$234,708,838$36,809,873$20,504,068$188,183,317
81$258,523,878$38,488,294$21,065,693$206,684,493
82$284,764,106$40,245,013$21,642,186$227,046,526
83$313,676,767$42,083,741$22,233,921$249,458,166
84$345,534,321$44,008,369$22,841,282$274,127,374
85$380,637,015$46,022,972$23,464,658$301,283,274
86$419,315,718$48,131,825$24,104,451$331,178,312
87$461,935,040$50,339,403$24,761,069$364,090,632
88$508,896,780$52,650,400$25,434,932$400,326,697
89$560,643,716$55,069,734$26,126,466$440,224,171
90$617,663,782$57,602,558$26,836,109$484,155,103
91$680,494,679$60,254,274$27,564,310$532,529,430
92$749,728,946$63,030,544$28,311,524$585,798,840
93$826,019,559$65,937,301$29,078,221$644,461,023
94$910,086,089$68,980,764$29,864,877$709,064,368
95$1,002,721,501$72,167,452$30,671,981$780,213,124
96$1,104,799,633$75,504,196$31,500,031$858,573,100
97$1,217,283,452$78,998,158$32,349,539$944,877,937
98$1,341,234,140$82,656,843$33,221,023$1,039,936,023
99$1,477,821,112$86,488,119$34,115,018$1,144,638,118
100$1,628,333,060$90,500,231$35,032,066$1,259,965,746