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%19.6%
1 years$635,859$630,195$624,669$619,275$614,009$590,347
2 years$314,782$308,919$303,237$297,729$292,385$268,828
3 years$207,770$201,882$196,215$190,758$185,501$162,791
4 years$154,274$148,405$142,794$137,430$132,301$110,610
5 years$122,186$116,351$110,814$105,559$100,573$79,957
6 years$100,800$95,009$89,554$84,417$79,580$60,053
7 years$85,531$79,789$74,420$69,404$64,720$46,276
8 years$74,084$68,394$63,114$58,221$53,691$36,312
9 years$65,185$59,549$54,360$49,591$45,216$28,876
10 years$58,071$52,490$47,392$42,748$38,526$23,195
11 years$52,254$46,728$41,723$37,204$33,134$18,777
12 years$47,409$41,941$37,029$32,633$28,713$15,293
13 years$43,314$37,902$33,083$28,810$25,038$12,516
14 years$39,806$34,452$29,725$25,574$21,948$10,283
15 years$36,769$31,473$26,838$22,808$19,325$8,474
16 years$34,114$28,876$24,332$20,422$17,080$7,001
17 years$31,774$26,593$22,141$18,349$15,144$5,796
18 years$29,696$24,573$20,212$16,536$13,465$4,807
19 years$27,839$22,774$18,503$14,942$12,002$3,992
20 years$26,170$21,163$16,981$13,533$10,720$3,319
21 years$24,662$19,713$15,620$12,282$9,594$2,762
22 years$23,292$18,401$14,396$11,167$8,599$2,301
23 years$22,044$17,210$13,292$10,170$7,719$1,917
24 years$20,901$16,125$12,293$9,275$6,938$1,599
25 years$19,852$15,132$11,386$8,471$6,243$1,334
26 years$18,885$14,222$10,560$7,745$5,624$1,113
27 years$17,990$13,384$9,806$7,090$5,070$929
28 years$17,162$12,612$9,116$6,496$4,575$776
29 years$16,391$11,898$8,483$5,957$4,131$648
30 years$15,674$11,236$7,901$5,467$3,733$541
31 years$15,004$10,622$7,366$5,021$3,375$452
32 years$14,377$10,051$6,873$4,614$3,053$378
33 years$13,790$9,518$6,417$4,243$2,763$316
34 years$13,238$9,021$5,996$3,904$2,501$264
35 years$12,719$8,556$5,606$3,594$2,266$221
36 years$12,229$8,121$5,244$3,310$2,053$184
37 years$11,768$7,713$4,908$3,050$1,860$154
38 years$11,331$7,330$4,596$2,811$1,687$129
39 years$10,918$6,970$4,306$2,592$1,529$108
40 years$10,527$6,632$4,036$2,391$1,387$90
41 years$10,156$6,313$3,785$2,206$1,259$75
42 years$9,803$6,012$3,550$2,035$1,142$63
43 years$9,468$5,728$3,331$1,879$1,036$53
44 years$9,149$5,460$3,127$1,735$941$44
45 years$8,845$5,207$2,936$1,602$854$37
46 years$8,554$4,967$2,758$1,480$775$31
47 years$8,278$4,740$2,591$1,367$704$26
48 years$8,013$4,525$2,435$1,263$639$21
49 years$7,760$4,321$2,289$1,168$581$18
50 years$7,518$4,128$2,152$1,079$528$15

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 $2,693 every year, while hoping to spend $45,308 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: 71/23/6 Blend
44$7,700,000$7,700,000$7,700,000$7,700,000
45$8,488,178$8,080,078$7,960,728$9,084,207
46$9,305,765$8,427,794$8,179,205$9,825,714
47$10,205,227$8,791,030$8,403,482$10,631,147
48$11,194,868$9,170,499$8,633,707$11,511,426
49$12,283,836$9,566,945$8,870,028$12,473,901
50$13,482,213$9,981,151$9,112,599$13,526,655
51$14,801,105$10,413,933$9,361,578$14,678,586
52$16,252,751$10,866,149$9,617,124$15,939,487
53$17,850,635$11,338,695$9,879,401$17,320,136
54$19,609,617$11,832,508$10,148,578$18,832,394
55$21,546,069$12,348,572$10,424,827$20,489,321
56$23,678,032$12,887,916$10,708,322$22,305,290
57$26,025,384$13,451,616$10,999,244$24,296,127
58$28,610,030$14,040,803$11,297,776$26,479,254
59$31,456,107$14,656,656$11,604,105$28,873,852
60$34,590,211$15,300,413$11,918,424$31,501,043
61$38,041,650$15,973,370$12,240,928$34,384,081
62$41,842,717$16,676,884$12,571,818$37,548,575
63$46,028,999$17,412,376$12,911,299$41,022,723
64$50,639,709$18,181,335$13,259,579$44,837,579
65$55,718,058$18,985,319$13,616,873$49,027,340
66$61,311,660$19,825,960$13,983,399$53,629,671
67$67,472,987$20,704,969$14,359,380$58,686,052
68$74,259,856$21,624,137$14,745,044$64,242,166
69$81,735,982$22,585,340$15,140,623$70,348,333
70$89,971,573$23,590,543$15,546,356$77,059,975
71$99,043,998$24,641,805$15,962,483$84,438,138
72$109,038,514$25,741,280$16,389,254$92,550,063
73$120,049,068$26,891,229$16,826,920$101,469,821
74$132,179,191$28,094,018$17,275,740$111,279,001
75$145,542,968$29,352,124$17,735,977$122,067,479
76$160,266,117$30,668,144$18,207,898$133,934,266
77$176,487,177$32,044,800$18,691,779$146,988,429
78$194,358,814$33,484,939$19,187,898$161,350,122
79$214,049,261$34,991,549$19,696,540$177,151,713
80$235,743,907$36,567,757$20,217,996$194,539,028
81$259,647,049$38,216,840$20,752,562$213,672,720
82$285,983,815$39,942,232$21,300,540$234,729,783
83$315,002,293$41,747,530$21,862,237$257,905,213
84$346,975,872$43,636,504$22,437,967$283,413,845
85$382,205,821$45,613,103$23,028,049$311,492,369
86$421,024,135$47,681,466$23,632,809$342,401,566
87$463,796,667$49,845,927$24,252,578$376,428,752
88$510,926,581$52,111,032$24,887,694$413,890,489
89$562,858,160$54,481,540$25,538,499$455,135,562
90$620,080,998$56,962,441$26,205,344$500,548,267
91$683,134,621$59,558,962$26,888,585$550,552,022
92$752,613,582$62,276,582$27,588,583$605,613,364
93$829,173,074$65,121,040$28,305,706$666,246,335
94$913,535,110$68,098,354$29,040,330$733,017,329
95$1,006,495,345$71,214,827$29,792,835$806,550,427
96$1,108,930,583$74,477,066$30,563,608$887,533,277
97$1,221,807,056$77,891,996$31,353,042$976,723,573
98$1,346,189,544$81,466,872$32,161,537$1,074,956,197
99$1,483,251,428$85,209,299$32,989,499$1,183,151,086
100$1,634,285,766$89,127,247$33,837,340$1,302,321,905