Can I retire at age 45 with 8,200,000?

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 $8,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$677,148$671,117$665,232$659,488$653,880$645,441
2 years$335,222$328,979$322,928$317,062$311,371$302,882
3 years$221,261$214,991$208,956$203,144$197,547$189,270
4 years$164,292$158,041$152,066$146,354$140,892$132,892
5 years$130,120$123,906$118,010$112,414$107,104$99,403
6 years$107,345$101,179$95,369$89,898$84,748$77,356
7 years$91,085$84,970$79,252$73,910$68,922$61,843
8 years$78,894$72,835$67,212$62,002$57,178$50,409
9 years$69,418$63,416$57,890$52,812$48,152$41,692
10 years$61,842$55,898$50,470$45,524$41,028$34,871
11 years$55,647$49,763$44,433$39,620$35,285$29,426
12 years$50,488$44,664$39,433$34,752$30,578$25,010
13 years$46,126$40,363$35,231$30,681$26,664$21,381
14 years$42,391$36,689$31,655$27,235$23,374$18,366
15 years$39,156$33,516$28,580$24,289$20,580$15,840
16 years$36,329$30,751$25,912$21,748$18,189$13,708
17 years$33,837$28,320$23,579$19,540$16,127$11,897
18 years$31,624$26,169$21,525$17,610$14,340$10,350
19 years$29,647$24,253$19,705$15,912$12,781$9,024
20 years$27,869$22,537$18,084$14,411$11,416$7,881
21 years$26,263$20,993$16,634$13,079$10,216$6,894
22 years$24,805$19,596$15,331$11,892$9,158$6,038
23 years$23,475$18,328$14,155$10,830$8,220$5,295
24 years$22,259$17,172$13,091$9,878$7,389$4,648
25 years$21,141$16,115$12,125$9,021$6,649$4,084
26 years$20,111$15,145$11,245$8,248$5,989$3,591
27 years$19,159$14,254$10,442$7,550$5,400$3,159
28 years$18,276$13,431$9,707$6,917$4,872$2,781
29 years$17,456$12,671$9,034$6,343$4,399$2,450
30 years$16,692$11,966$8,414$5,822$3,975$2,159
31 years$15,978$11,312$7,845$5,347$3,594$1,903
32 years$15,311$10,703$7,319$4,914$3,251$1,678
33 years$14,685$10,136$6,834$4,519$2,942$1,480
34 years$14,097$9,607$6,385$4,157$2,664$1,306
35 years$13,544$9,112$5,970$3,827$2,413$1,153
36 years$13,023$8,649$5,585$3,525$2,186$1,018
37 years$12,532$8,214$5,227$3,248$1,981$899
38 years$12,067$7,806$4,895$2,993$1,796$794
39 years$11,627$7,423$4,586$2,760$1,629$701
40 years$11,211$7,062$4,298$2,546$1,477$619
41 years$10,815$6,723$4,031$2,349$1,340$547
42 years$10,440$6,403$3,781$2,168$1,216$483
43 years$10,083$6,100$3,548$2,001$1,104$427
44 years$9,743$5,815$3,330$1,848$1,002$377
45 years$9,419$5,545$3,127$1,706$910$333
46 years$9,110$5,290$2,937$1,576$826$295
47 years$8,815$5,048$2,759$1,456$750$260
48 years$8,533$4,819$2,593$1,346$681$230
49 years$8,264$4,602$2,437$1,244$619$203
50 years$8,006$4,396$2,291$1,149$562$180

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $8,200,000, adding $4,100 every year, while hoping to spend $26,832 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: 71/8/21 Blend
44$8,200,000$8,200,000$8,200,000$8,200,000
45$9,040,629$8,606,029$8,478,929$9,635,659
46$9,934,224$8,999,176$8,734,424$10,426,003
47$10,918,067$9,410,687$8,997,579$11,287,504
48$12,001,334$9,841,435$9,268,622$12,230,125
49$13,194,137$10,292,332$9,547,788$13,261,906
50$14,507,619$10,764,336$9,835,319$14,391,698
51$15,954,058$11,258,451$10,131,465$15,629,246
52$17,546,984$11,775,727$10,436,481$16,985,279
53$19,301,306$12,317,267$10,750,631$18,471,613
54$21,233,450$12,884,224$11,074,189$20,101,257
55$23,361,521$13,477,810$11,407,433$21,888,538
56$25,705,466$14,099,293$11,750,652$23,849,232
57$28,287,267$14,750,002$12,104,143$26,000,715
58$31,131,148$15,431,331$12,468,211$28,362,121
59$34,263,799$16,144,740$12,843,170$30,954,528
60$37,714,634$16,891,761$13,229,344$33,801,146
61$41,516,067$17,673,997$13,627,067$36,927,544
62$45,703,814$18,493,131$14,036,682$40,361,882
63$50,317,234$19,350,925$14,458,541$44,135,182
64$55,399,699$20,249,227$14,893,010$48,281,612
65$60,999,004$21,189,975$15,340,461$52,838,811
66$67,167,816$22,175,198$15,801,281$57,848,243
67$73,964,176$23,207,025$16,275,866$63,355,582
68$81,452,039$24,287,687$16,764,625$69,411,147
69$89,701,885$25,419,522$17,267,978$76,070,369
70$98,791,381$26,604,981$17,786,359$83,394,315
71$108,806,111$27,846,635$18,320,212$91,450,263
72$119,840,392$29,147,178$18,869,996$100,312,332
73$131,998,155$30,509,432$19,436,184$110,062,179
74$145,393,932$31,936,360$20,019,261$120,789,773
75$160,153,936$33,431,064$20,619,729$132,594,231
76$176,417,249$34,996,798$21,238,102$145,584,762
77$194,337,140$36,636,972$21,874,909$159,881,686
78$214,082,507$38,355,163$22,530,698$175,617,572
79$235,839,476$40,155,119$23,206,030$192,938,485
80$259,813,153$42,040,771$23,901,483$212,005,360
81$286,229,564$44,016,238$24,617,651$232,995,518
82$315,337,786$46,085,840$25,355,149$256,104,339
83$347,412,301$48,254,106$26,114,607$281,547,099
84$382,755,582$50,525,784$26,896,673$309,561,001
85$421,700,956$52,905,852$27,702,016$340,407,407
86$464,615,744$55,399,529$28,531,324$374,374,304
87$511,904,730$58,012,287$29,385,304$411,779,019
88$564,013,986$60,749,862$30,264,685$452,971,204
89$621,435,078$63,618,271$31,170,217$498,336,139
90$684,709,708$66,623,818$32,102,672$548,298,361
91$754,434,831$69,773,118$33,062,843$603,325,665
92$831,268,285$73,073,102$34,051,550$663,933,518
93$915,935,006$76,531,041$35,069,633$730,689,916
94$1,009,233,870$80,154,554$36,117,959$804,220,744
95$1,112,045,233$83,951,636$37,197,419$885,215,674
96$1,225,339,244$87,930,663$38,308,930$974,434,674
97$1,350,185,004$92,100,423$39,453,436$1,072,715,171
98$1,487,760,659$96,470,128$40,631,911$1,180,979,955
99$1,639,364,519$101,049,437$41,845,352$1,300,245,878
100$1,806,427,319$105,848,479$43,094,791$1,431,633,450