Can I retire at age 45 with 7,700,000?

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 $7,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$635,859$630,195$624,669$619,275$614,009$596,266
2 years$314,782$308,919$303,237$297,729$292,385$274,650
3 years$207,770$201,882$196,215$190,758$185,501$168,330
4 years$154,274$148,405$142,794$137,430$132,301$115,826
5 years$122,186$116,351$110,814$105,559$100,573$84,838
6 years$100,800$95,009$89,554$84,417$79,580$64,600
7 years$85,531$79,789$74,420$69,404$64,720$50,495
8 years$74,084$68,394$63,114$58,221$53,691$40,213
9 years$65,185$59,549$54,360$49,591$45,216$32,471
10 years$58,071$52,490$47,392$42,748$38,526$26,497
11 years$52,254$46,728$41,723$37,204$33,134$21,800
12 years$47,409$41,941$37,029$32,633$28,713$18,053
13 years$43,314$37,902$33,083$28,810$25,038$15,028
14 years$39,806$34,452$29,725$25,574$21,948$12,563
15 years$36,769$31,473$26,838$22,808$19,325$10,539
16 years$34,114$28,876$24,332$20,422$17,080$8,866
17 years$31,774$26,593$22,141$18,349$15,144$7,477
18 years$29,696$24,573$20,212$16,536$13,465$6,317
19 years$27,839$22,774$18,503$14,942$12,002$5,346
20 years$26,170$21,163$16,981$13,533$10,720$4,531
21 years$24,662$19,713$15,620$12,282$9,594$3,844
22 years$23,292$18,401$14,396$11,167$8,599$3,265
23 years$22,044$17,210$13,292$10,170$7,719$2,775
24 years$20,901$16,125$12,293$9,275$6,938$2,361
25 years$19,852$15,132$11,386$8,471$6,243$2,009
26 years$18,885$14,222$10,560$7,745$5,624$1,711
27 years$17,990$13,384$9,806$7,090$5,070$1,457
28 years$17,162$12,612$9,116$6,496$4,575$1,242
29 years$16,391$11,898$8,483$5,957$4,131$1,059
30 years$15,674$11,236$7,901$5,467$3,733$903
31 years$15,004$10,622$7,366$5,021$3,375$770
32 years$14,377$10,051$6,873$4,614$3,053$657
33 years$13,790$9,518$6,417$4,243$2,763$560
34 years$13,238$9,021$5,996$3,904$2,501$478
35 years$12,719$8,556$5,606$3,594$2,266$408
36 years$12,229$8,121$5,244$3,310$2,053$348
37 years$11,768$7,713$4,908$3,050$1,860$297
38 years$11,331$7,330$4,596$2,811$1,687$254
39 years$10,918$6,970$4,306$2,592$1,529$217
40 years$10,527$6,632$4,036$2,391$1,387$185
41 years$10,156$6,313$3,785$2,206$1,259$158
42 years$9,803$6,012$3,550$2,035$1,142$135
43 years$9,468$5,728$3,331$1,879$1,036$115
44 years$9,149$5,460$3,127$1,735$941$98
45 years$8,845$5,207$2,936$1,602$854$84
46 years$8,554$4,967$2,758$1,480$775$72
47 years$8,278$4,740$2,591$1,367$704$61
48 years$8,013$4,525$2,435$1,263$639$52
49 years$7,760$4,321$2,289$1,168$581$45
50 years$7,518$4,128$2,152$1,079$528$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $7,700,000, adding $6,282 every year, while hoping to spend $25,843 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: 40/36/24 Blend
44$7,700,000$7,700,000$7,700,000$7,700,000
45$8,491,880$8,083,780$7,964,430$8,771,046
46$9,330,555$8,452,388$8,203,742$9,341,553
47$10,253,909$8,838,192$8,450,204$9,955,452
48$11,270,551$9,242,008$8,704,029$10,619,103
49$12,389,969$9,664,688$8,965,437$11,337,064
50$13,622,618$10,107,129$9,234,650$12,114,338
51$14,980,015$10,570,270$9,511,902$12,956,414
52$16,474,857$11,055,092$9,797,430$13,869,318
53$18,121,128$11,562,628$10,091,480$14,859,666
54$19,934,243$12,093,957$10,394,305$15,934,722
55$21,931,186$12,650,211$10,706,164$17,102,466
56$24,130,672$13,232,576$11,027,326$18,371,661
57$26,553,324$13,842,296$11,358,065$19,751,936
58$29,221,869$14,480,674$11,698,666$21,253,871
59$32,161,349$15,149,076$12,049,420$22,889,093
60$35,399,359$15,848,933$12,410,628$24,670,383
61$38,966,309$16,581,747$12,782,600$26,611,787
62$42,895,709$17,349,089$13,165,653$28,728,749
63$47,224,485$18,152,608$13,560,116$31,038,252
64$51,993,329$18,994,032$13,966,326$33,558,968
65$57,247,081$19,875,172$14,384,631$36,311,432
66$63,035,154$20,797,926$14,815,387$39,318,232
67$69,412,000$21,764,285$15,258,963$42,604,214
68$76,437,624$22,776,335$15,715,738$46,196,708
69$84,178,147$23,836,261$16,186,100$50,125,783
70$92,706,436$24,946,356$16,670,453$54,424,526
71$102,102,787$26,109,022$17,169,208$59,129,339
72$112,455,686$27,326,778$17,682,790$64,280,284
73$123,862,640$28,602,264$18,211,638$69,921,449
74$136,431,102$29,938,248$18,756,201$76,101,354
75$150,279,483$31,337,631$19,316,943$82,873,407
76$165,538,271$32,803,455$19,894,340$90,296,394
77$182,351,258$34,338,908$20,488,884$98,435,023
78$200,876,905$35,947,333$21,101,080$107,360,534
79$221,289,830$37,632,234$21,731,448$117,151,349
80$243,782,464$39,397,284$22,380,522$127,893,813
81$268,566,861$41,246,336$23,048,855$139,682,989
82$295,876,701$43,183,427$23,737,012$152,623,551
83$325,969,499$45,212,790$24,445,577$166,830,753
84$359,129,035$47,338,863$25,175,150$182,431,511
85$395,668,028$49,566,299$25,926,349$199,565,583
86$435,931,095$51,899,976$26,699,810$218,386,875
87$480,298,001$54,345,009$27,496,188$239,064,882
88$529,187,241$56,906,759$28,316,155$261,786,268
89$583,059,998$59,590,848$29,160,404$286,756,618
90$642,424,489$62,403,171$30,029,649$314,202,358
91$707,840,768$65,349,908$30,924,623$344,372,874
92$779,926,011$68,437,537$31,846,082$377,542,852
93$859,360,340$71,672,853$32,794,803$414,014,850
94$946,893,251$75,062,979$33,771,585$454,122,132
95$1,043,350,680$78,615,383$34,777,250$498,231,798
96$1,149,642,809$82,337,895$35,812,647$546,748,220
97$1,266,772,650$86,238,727$36,878,646$600,116,847
98$1,395,845,523$90,326,488$37,976,143$658,828,374
99$1,538,079,484$94,610,203$39,106,062$723,423,360
100$1,694,816,828$99,099,339$40,269,351$794,497,299