Can I retire at age 45 with 7,800,000?

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 $7,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$644,117$638,379$632,782$627,318$621,983$608,678
2 years$318,870$312,931$307,176$301,595$296,182$282,843
3 years$210,468$204,504$198,763$193,235$187,910$174,953
4 years$156,278$150,332$144,648$139,215$134,019$121,543
5 years$123,772$117,862$112,253$106,930$101,879$89,920
6 years$102,109$96,243$90,717$85,513$80,614$69,183
7 years$86,641$80,825$75,386$70,305$65,560$54,662
8 years$75,046$69,282$63,934$58,977$54,389$44,018
9 years$66,032$60,322$55,066$50,235$45,803$35,953
10 years$58,825$53,171$48,008$43,303$39,027$29,687
11 years$52,932$47,335$42,265$37,687$33,564$24,723
12 years$48,025$42,486$37,509$33,057$29,086$20,730
13 years$43,876$38,395$33,512$29,184$25,364$17,478
14 years$40,323$34,900$30,111$25,906$22,234$14,803
15 years$37,246$31,881$27,186$23,104$19,576$12,584
16 years$34,557$29,251$24,648$20,687$17,301$10,731
17 years$32,186$26,939$22,429$18,587$15,341$9,175
18 years$30,082$24,893$20,475$16,751$13,640$7,861
19 years$28,201$23,070$18,744$15,136$12,158$6,749
20 years$26,510$21,438$17,202$13,708$10,860$5,802
21 years$24,982$19,969$15,822$12,441$9,718$4,995
22 years$23,595$18,640$14,583$11,312$8,711$4,306
23 years$22,330$17,434$13,465$10,302$7,819$3,715
24 years$21,173$16,334$12,453$9,396$7,028$3,208
25 years$20,110$15,329$11,534$8,581$6,324$2,772
26 years$19,130$14,407$10,697$7,846$5,697$2,396
27 years$18,224$13,558$9,933$7,182$5,136$2,073
28 years$17,384$12,776$9,234$6,580$4,634$1,794
29 years$16,604$12,053$8,593$6,034$4,185$1,554
30 years$15,877$11,382$8,004$5,538$3,781$1,346
31 years$15,199$10,760$7,462$5,086$3,419$1,166
32 years$14,564$10,181$6,962$4,674$3,092$1,010
33 years$13,969$9,642$6,501$4,298$2,799$876
34 years$13,410$9,138$6,074$3,955$2,534$759
35 years$12,884$8,667$5,678$3,640$2,295$658
36 years$12,388$8,227$5,312$3,353$2,079$571
37 years$11,921$7,813$4,972$3,089$1,885$495
38 years$11,479$7,426$4,656$2,847$1,709$430
39 years$11,060$7,061$4,362$2,625$1,549$373
40 years$10,664$6,718$4,089$2,422$1,405$323
41 years$10,288$6,395$3,834$2,234$1,275$281
42 years$9,931$6,090$3,596$2,062$1,157$243
43 years$9,591$5,803$3,375$1,903$1,050$211
44 years$9,268$5,531$3,168$1,757$953$183
45 years$8,959$5,275$2,974$1,623$865$159
46 years$8,666$5,032$2,794$1,499$786$138
47 years$8,385$4,802$2,625$1,385$713$120
48 years$8,117$4,584$2,466$1,280$648$104
49 years$7,861$4,377$2,318$1,183$588$90
50 years$7,616$4,182$2,179$1,093$534$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $7,800,000, adding $3,425 every year, while hoping to spend $52,623 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: 49/38/13 Blend
44$7,800,000$7,800,000$7,800,000$7,800,000
45$8,599,133$8,185,733$8,064,833$8,989,650
46$9,420,254$8,530,843$8,279,014$9,603,725
47$10,323,366$8,891,100$8,498,607$10,264,625
48$11,316,776$9,267,191$8,723,737$10,981,344
49$12,409,637$9,659,833$8,954,532$11,759,128
50$13,612,034$10,069,780$9,191,123$12,603,739
51$14,935,079$10,497,816$9,433,644$13,521,511
52$16,391,015$10,944,768$9,682,229$14,519,400
53$17,993,333$11,411,495$9,937,017$15,605,053
54$19,756,895$11,898,901$10,198,150$16,786,875
55$21,698,080$12,407,929$10,465,770$18,074,107
56$23,834,935$12,939,568$10,740,024$19,476,905
57$26,187,344$13,494,852$11,021,060$21,006,440
58$28,777,218$14,074,864$11,309,030$22,674,996
59$31,628,700$14,680,739$11,604,088$24,496,082
60$34,768,393$15,313,661$11,906,392$26,484,558
61$38,225,613$15,974,874$12,216,099$28,656,769
62$42,032,661$16,665,678$12,533,374$31,030,699
63$46,225,130$17,387,435$12,858,380$33,626,133
64$50,842,244$18,141,569$13,191,286$36,464,841
65$55,927,220$18,929,574$13,532,262$39,570,778
66$61,527,685$19,753,011$13,881,481$42,970,307
67$67,696,118$20,613,518$14,239,120$46,692,442
68$74,490,349$21,512,806$14,605,357$50,769,117
69$81,974,101$22,452,671$14,980,373$55,235,483
70$90,217,597$23,434,989$15,364,353$60,130,229
71$99,298,216$24,461,728$15,757,483$65,495,951
72$109,301,230$25,534,948$16,159,954$71,379,539
73$120,320,600$26,656,806$16,571,958$77,832,616
74$132,459,872$27,829,559$16,993,689$84,912,022
75$145,833,146$29,055,575$17,425,344$92,680,338
76$160,566,158$30,337,330$17,867,125$101,206,476
77$176,797,466$31,677,419$18,319,234$110,566,313
78$194,679,755$33,078,560$18,781,875$120,843,408
79$214,381,279$34,543,598$19,255,257$132,129,779
80$236,087,450$36,075,515$19,739,588$144,526,760
81$260,002,588$37,677,433$20,235,083$158,145,955
82$286,351,848$39,352,623$20,741,954$173,110,274
83$315,383,345$41,104,511$21,260,419$189,555,091
84$347,370,499$42,936,685$21,790,696$207,629,507
85$382,614,612$44,852,904$22,333,006$227,497,746
86$421,447,712$46,857,106$22,887,571$249,340,698
87$464,235,691$48,953,416$23,454,617$273,357,612
88$511,381,753$51,146,155$24,034,368$299,767,964
89$563,330,225$53,439,850$24,627,052$328,813,516
90$620,570,748$55,839,243$25,232,899$360,760,587
91$683,642,901$58,349,303$25,852,138$395,902,550
92$753,141,293$60,975,235$26,485,001$434,562,588
93$829,721,176$63,722,492$27,131,719$477,096,730
94$914,104,630$66,596,788$27,792,526$523,897,195
95$1,007,087,381$69,604,110$28,467,654$575,396,077
96$1,109,546,311$72,750,728$29,157,337$632,069,405
97$1,222,447,736$76,043,216$29,861,810$694,441,624
98$1,346,856,530$79,488,457$30,581,305$763,090,520
99$1,483,946,173$83,093,669$31,316,055$838,652,658
100$1,635,009,833$86,866,409$32,066,294$921,829,367