Can I retire at age 45 with 8,100,000?

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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$668,890$662,932$657,119$651,446$645,905$629,270
2 years$331,134$324,967$318,990$313,195$307,574$290,924
3 years$218,563$212,369$206,408$200,667$195,138$178,995
4 years$162,289$156,114$150,212$144,569$139,174$123,662
5 years$128,533$122,395$116,571$111,043$105,798$90,961
6 years$106,036$99,945$94,206$88,802$83,714$69,566
7 years$89,974$83,934$78,286$73,009$68,082$54,623
8 years$77,932$71,947$66,393$61,245$56,481$43,706
9 years$68,572$62,642$57,184$52,168$47,565$35,462
10 years$61,087$55,216$49,854$44,969$40,528$29,083
11 years$54,968$49,156$43,891$39,136$34,855$24,051
12 years$49,872$44,120$38,952$34,328$30,205$20,022
13 years$45,564$39,871$34,801$30,306$26,339$16,757
14 years$41,874$36,242$31,269$26,903$23,089$14,086
15 years$38,679$33,108$28,232$23,992$20,329$11,883
16 years$35,886$30,376$25,596$21,483$17,967$10,055
17 years$33,424$27,975$23,291$19,302$15,931$8,528
18 years$31,239$25,850$21,262$17,395$14,165$7,248
19 years$29,285$23,957$19,464$15,718$12,625$6,171
20 years$27,529$22,262$17,863$14,236$11,277$5,262
21 years$25,943$20,737$16,431$12,920$10,092$4,492
22 years$24,502$19,357$15,144$11,747$9,046$3,839
23 years$23,189$18,104$13,983$10,698$8,120$3,284
24 years$21,987$16,962$12,931$9,757$7,299$2,811
25 years$20,883$15,918$11,977$8,911$6,568$2,408
26 years$19,866$14,961$11,108$8,148$5,916$2,063
27 years$18,925$14,080$10,315$7,458$5,334$1,769
28 years$18,053$13,267$9,589$6,833$4,813$1,518
29 years$17,243$12,516$8,923$6,266$4,346$1,302
30 years$16,488$11,820$8,312$5,751$3,927$1,118
31 years$15,783$11,174$7,749$5,281$3,550$960
32 years$15,124$10,573$7,230$4,854$3,211$824
33 years$14,506$10,013$6,751$4,463$2,906$708
34 years$13,925$9,490$6,307$4,107$2,631$608
35 years$13,379$9,001$5,897$3,781$2,383$522
36 years$12,865$8,543$5,516$3,482$2,159$449
37 years$12,379$8,114$5,163$3,208$1,957$386
38 years$11,920$7,711$4,835$2,957$1,774$331
39 years$11,486$7,333$4,530$2,726$1,609$285
40 years$11,074$6,976$4,246$2,515$1,459$245
41 years$10,683$6,641$3,981$2,320$1,324$210
42 years$10,312$6,325$3,735$2,141$1,201$181
43 years$9,960$6,026$3,504$1,977$1,090$156
44 years$9,624$5,744$3,290$1,825$990$134
45 years$9,304$5,477$3,089$1,685$898$115
46 years$8,999$5,225$2,901$1,557$816$99
47 years$8,708$4,987$2,726$1,438$741$85
48 years$8,429$4,760$2,561$1,329$673$73
49 years$8,163$4,546$2,407$1,228$611$63
50 years$7,908$4,342$2,263$1,135$555$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $8,100,000, adding $5,371 every year, while hoping to spend $23,070 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: 56/29/15 Blend
44$8,100,000$8,100,000$8,100,000$8,100,000
45$8,931,740$8,502,440$8,376,890$9,396,687
46$9,818,231$8,894,513$8,632,970$10,105,027
47$10,794,371$9,305,025$8,896,855$10,873,272
48$11,869,280$9,734,854$9,168,782$11,709,595
49$13,053,007$10,184,922$9,448,997$12,620,515
50$14,356,625$10,656,195$9,737,750$13,613,198
51$15,792,338$11,149,685$10,035,301$14,695,524
52$17,373,589$11,666,453$10,341,917$15,876,154
53$19,115,198$12,207,611$10,657,873$17,164,614
54$21,033,489$12,774,326$10,983,453$18,571,376
55$23,146,455$13,367,818$11,318,949$20,107,962
56$25,473,922$13,989,369$11,664,662$21,787,043
57$28,037,736$14,640,322$12,020,902$23,622,557
58$30,861,971$15,322,084$12,387,989$25,629,838
59$33,973,157$16,036,131$12,766,251$27,825,759
60$37,400,526$16,784,009$13,156,028$30,228,883
61$41,176,294$17,567,339$13,557,668$32,859,636
62$45,335,958$18,387,821$13,971,533$35,740,501
63$49,918,638$19,247,237$14,397,991$38,896,216
64$54,967,442$20,147,454$14,837,427$42,354,012
65$60,529,872$21,090,430$15,290,232$46,143,861
66$66,658,277$22,078,219$15,756,812$50,298,755
67$73,410,340$23,112,971$16,237,584$54,855,013
68$80,849,632$24,196,943$16,732,980$59,852,615
69$89,046,201$25,332,500$17,243,442$65,335,581
70$98,077,242$26,522,122$17,769,426$71,352,373
71$108,027,822$27,768,407$18,311,403$77,956,352
72$118,991,683$29,074,081$18,869,857$85,206,271
73$131,072,125$30,442,002$19,445,288$93,166,827
74$144,382,986$31,875,164$20,038,210$101,909,262
75$159,049,712$33,376,709$20,649,151$111,512,029
76$175,210,544$34,949,928$21,278,659$122,061,525
77$193,017,819$36,598,275$21,927,294$133,652,899
78$212,639,415$38,325,369$22,595,637$146,390,941
79$234,260,328$40,135,004$23,284,283$160,391,065
80$258,084,422$42,031,160$23,993,846$175,780,383
81$284,336,354$44,018,007$24,724,961$192,698,905
82$313,263,693$46,099,921$25,478,279$211,300,842
83$345,139,260$48,281,487$26,254,472$231,756,055
84$380,263,699$50,567,515$27,054,230$254,251,650
85$418,968,317$52,963,044$27,878,269$278,993,727
86$461,618,216$55,473,363$28,727,321$306,209,318
87$508,615,730$58,104,014$29,602,142$336,148,518
88$560,404,233$60,860,810$30,503,513$369,086,829
89$617,472,319$63,749,844$31,432,235$405,327,752
90$680,358,416$66,777,506$32,389,135$445,205,632
91$749,655,868$69,950,498$33,375,064$489,088,807
92$826,018,538$73,275,844$34,390,901$537,383,060
93$910,166,981$76,760,912$35,437,547$590,535,441
94$1,002,895,243$80,413,427$36,515,935$649,038,469
95$1,105,078,361$84,241,488$37,627,023$713,434,757
96$1,217,680,623$88,253,591$38,771,798$784,322,126
97$1,341,764,671$92,458,641$39,951,277$862,359,219
98$1,478,501,531$96,865,978$41,166,508$948,271,704
99$1,629,181,672$101,485,395$42,418,571$1,042,859,103
100$1,795,227,187$106,327,164$43,708,577$1,147,002,314