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%15.5%
1 years$668,890$662,932$657,119$651,446$645,905$631,317
2 years$331,134$324,967$318,990$313,195$307,574$292,954
3 years$218,563$212,369$206,408$200,667$195,138$180,944
4 years$162,289$156,114$150,212$144,569$139,174$125,515
5 years$128,533$122,395$116,571$111,043$105,798$92,712
6 years$106,036$99,945$94,206$88,802$83,714$71,215
7 years$89,974$83,934$78,286$73,009$68,082$56,172
8 years$77,932$71,947$66,393$61,245$56,481$45,155
9 years$68,572$62,642$57,184$52,168$47,565$36,816
10 years$61,087$55,216$49,854$44,969$40,528$30,343
11 years$54,968$49,156$43,891$39,136$34,855$25,221
12 years$49,872$44,120$38,952$34,328$30,205$21,107
13 years$45,564$39,871$34,801$30,306$26,339$17,760
14 years$41,874$36,242$31,269$26,903$23,089$15,011
15 years$38,679$33,108$28,232$23,992$20,329$12,734
16 years$35,886$30,376$25,596$21,483$17,967$10,836
17 years$33,424$27,975$23,291$19,302$15,931$9,245
18 years$31,239$25,850$21,262$17,395$14,165$7,904
19 years$29,285$23,957$19,464$15,718$12,625$6,770
20 years$27,529$22,262$17,863$14,236$11,277$5,807
21 years$25,943$20,737$16,431$12,920$10,092$4,988
22 years$24,502$19,357$15,144$11,747$9,046$4,290
23 years$23,189$18,104$13,983$10,698$8,120$3,692
24 years$21,987$16,962$12,931$9,757$7,299$3,181
25 years$20,883$15,918$11,977$8,911$6,568$2,742
26 years$19,866$14,961$11,108$8,148$5,916$2,365
27 years$18,925$14,080$10,315$7,458$5,334$2,041
28 years$18,053$13,267$9,589$6,833$4,813$1,762
29 years$17,243$12,516$8,923$6,266$4,346$1,522
30 years$16,488$11,820$8,312$5,751$3,927$1,315
31 years$15,783$11,174$7,749$5,281$3,550$1,136
32 years$15,124$10,573$7,230$4,854$3,211$982
33 years$14,506$10,013$6,751$4,463$2,906$849
34 years$13,925$9,490$6,307$4,107$2,631$735
35 years$13,379$9,001$5,897$3,781$2,383$635
36 years$12,865$8,543$5,516$3,482$2,159$550
37 years$12,379$8,114$5,163$3,208$1,957$476
38 years$11,920$7,711$4,835$2,957$1,774$411
39 years$11,486$7,333$4,530$2,726$1,609$356
40 years$11,074$6,976$4,246$2,515$1,459$308
41 years$10,683$6,641$3,981$2,320$1,324$267
42 years$10,312$6,325$3,735$2,141$1,201$231
43 years$9,960$6,026$3,504$1,977$1,090$200
44 years$9,624$5,744$3,290$1,825$990$173
45 years$9,304$5,477$3,089$1,685$898$150
46 years$8,999$5,225$2,901$1,557$816$130
47 years$8,708$4,987$2,726$1,438$741$112
48 years$8,429$4,760$2,561$1,329$673$97
49 years$8,163$4,546$2,407$1,228$611$84
50 years$7,908$4,342$2,263$1,135$555$73

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 $3,044 every year, while hoping to spend $27,513 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: 52/24/24 Blend
44$8,100,000$8,100,000$8,100,000$8,100,000
45$8,929,340$8,500,040$8,374,490$9,333,819
46$9,810,859$8,887,268$8,625,762$10,001,139
47$10,781,371$9,292,549$8,884,529$10,723,567
48$11,849,924$9,716,737$9,151,014$11,508,852
49$13,026,488$10,160,729$9,425,445$12,362,991
50$14,322,050$10,625,464$9,708,057$13,292,575
51$15,748,715$11,111,928$9,999,093$14,304,847
52$17,319,823$11,621,152$10,298,802$15,407,776
53$19,050,073$12,154,217$10,607,440$16,610,118
54$20,955,664$12,712,256$10,925,272$17,921,508
55$23,054,442$13,296,458$11,252,570$19,352,540
56$25,366,077$13,908,066$11,589,613$20,914,867
57$27,912,242$14,548,386$11,936,690$22,621,308
58$30,716,818$15,218,784$12,294,096$24,485,968
59$33,806,123$15,920,695$12,662,138$26,524,363
60$37,209,157$16,655,618$13,041,129$28,753,567
61$40,957,878$17,425,130$13,431,393$31,192,371
62$45,087,499$18,230,879$13,833,263$33,861,451
63$49,636,827$19,074,595$14,247,080$36,783,566
64$54,648,624$19,958,091$14,673,199$39,983,763
65$60,170,014$20,883,267$15,111,980$43,489,615
66$66,252,922$21,852,114$15,563,799$47,331,472
67$72,954,573$22,866,721$16,029,038$51,542,746
68$80,338,023$23,929,274$16,508,095$56,160,221
69$88,472,761$25,042,068$17,001,376$61,224,395
70$97,435,360$26,207,507$17,509,300$66,779,856
71$107,310,203$27,428,111$18,032,298$72,875,701
72$118,190,278$28,706,523$18,570,814$79,565,992
73$130,178,056$30,045,512$19,125,305$86,910,258
74$143,386,456$31,447,980$19,696,242$94,974,056
75$157,939,916$32,916,972$20,284,107$103,829,578
76$173,975,562$34,455,679$20,889,399$113,556,331
77$191,644,506$36,067,443$21,512,630$124,241,877
78$211,113,270$37,755,772$22,154,328$135,982,653
79$232,565,360$39,524,342$22,815,035$148,884,877
80$256,202,998$41,377,006$23,495,309$163,065,538
81$282,249,027$43,317,803$24,195,726$178,653,494
82$310,949,022$45,350,969$24,916,876$195,790,682
83$342,573,599$47,480,944$25,659,369$214,633,445
84$377,420,978$49,712,382$26,423,830$235,354,003
85$415,819,794$52,050,164$27,210,904$258,142,064
86$458,132,198$54,499,407$28,021,254$283,206,610
87$504,757,278$57,065,475$28,855,563$310,777,853
88$556,134,829$59,753,991$29,714,532$341,109,404
89$612,749,497$62,570,852$30,598,884$374,480,648
90$675,135,362$65,522,240$31,509,363$411,199,375
91$743,880,975$68,614,637$32,446,734$451,604,672
92$819,634,919$71,854,838$33,411,783$496,070,107
93$903,111,924$75,249,969$34,405,322$545,007,245
94$995,099,622$78,807,499$35,428,182$598,869,519
95$1,096,465,980$82,535,263$36,481,222$658,156,492
96$1,208,167,491$86,441,472$37,565,325$723,418,561
97$1,331,258,209$90,534,738$38,681,397$795,262,133
98$1,466,899,696$94,824,089$39,830,372$874,355,336
99$1,616,371,988$99,318,993$41,013,213$961,434,304
100$1,781,085,682$104,029,375$42,230,908$1,057,310,110