Can I retire at age 45 with 5,100,000?

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 $5,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$421,153$417,402$413,742$410,169$406,681$393,348
2 years$208,492$204,609$200,846$197,197$193,658$180,352
3 years$137,614$133,714$129,960$126,346$122,864$110,004
4 years$102,182$98,294$94,578$91,025$87,628$75,311
5 years$80,928$77,064$73,396$69,916$66,613$54,873
6 years$66,764$62,928$59,315$55,912$52,709$41,555
7 years$56,650$52,847$49,291$45,969$42,866$32,297
8 years$49,068$45,300$41,803$38,562$35,562$25,569
9 years$43,175$39,442$36,005$32,846$29,948$20,521
10 years$38,462$34,766$31,390$28,314$25,517$16,641
11 years$34,610$30,950$27,635$24,641$21,946$13,603
12 years$31,401$27,779$24,525$21,614$19,018$11,191
13 years$28,688$25,104$21,912$19,082$16,584$9,253
14 years$26,365$22,819$19,688$16,939$14,537$7,682
15 years$24,353$20,846$17,775$15,106$12,800$6,399
16 years$22,595$19,125$16,116$13,526$11,312$5,344
17 years$21,045$17,614$14,665$12,153$10,030$4,474
18 years$19,669$16,276$13,387$10,952$8,919$3,752
19 years$18,439$15,084$12,255$9,896$7,949$3,152
20 years$17,333$14,017$11,247$8,963$7,101$2,651
21 years$16,334$13,056$10,345$8,135$6,354$2,232
22 years$15,427$12,188$9,535$7,396$5,696$1,881
23 years$14,601$11,399$8,804$6,736$5,113$1,586
24 years$13,844$10,680$8,142$6,144$4,595$1,338
25 years$13,149$10,023$7,541$5,611$4,135$1,130
26 years$12,508$9,420$6,994$5,130$3,725$954
27 years$11,916$8,865$6,495$4,696$3,358$806
28 years$11,367$8,353$6,038$4,302$3,030$682
29 years$10,857$7,881$5,618$3,945$2,736$576
30 years$10,381$7,442$5,233$3,621$2,472$487
31 years$9,938$7,035$4,879$3,325$2,235$412
32 years$9,523$6,657$4,552$3,056$2,022$349
33 years$9,133$6,304$4,250$2,810$1,830$295
34 years$8,768$5,975$3,971$2,586$1,657$250
35 years$8,424$5,667$3,713$2,380$1,501$211
36 years$8,100$5,379$3,473$2,192$1,360$179
37 years$7,794$5,109$3,251$2,020$1,232$151
38 years$7,505$4,855$3,044$1,862$1,117$128
39 years$7,232$4,617$2,852$1,717$1,013$108
40 years$6,973$4,393$2,673$1,583$919$92
41 years$6,727$4,181$2,507$1,461$834$78
42 years$6,493$3,982$2,351$1,348$756$66
43 years$6,271$3,794$2,207$1,245$686$56
44 years$6,060$3,617$2,071$1,149$623$47
45 years$5,858$3,449$1,945$1,061$566$40
46 years$5,666$3,290$1,827$980$514$34
47 years$5,483$3,140$1,716$906$466$29
48 years$5,307$2,997$1,613$837$424$24
49 years$5,140$2,862$1,516$773$385$21
50 years$4,979$2,734$1,425$715$349$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,100,000, adding $3,486 every year, while hoping to spend $24,892 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: 66/6/28 Blend
44$5,100,000$5,100,000$5,100,000$5,100,000
45$5,623,796$5,353,496$5,274,446$5,953,281
46$6,170,938$5,589,332$5,424,655$6,411,935
47$6,773,055$5,835,890$5,579,062$6,910,134
48$7,435,726$6,093,669$5,737,780$7,454,331
49$8,165,103$6,363,192$5,900,929$8,049,068
50$8,967,961$6,645,005$6,068,627$8,699,341
51$9,851,765$6,939,683$6,240,998$9,410,653
52$10,824,744$7,247,826$6,418,170$10,189,061
53$11,895,961$7,570,062$6,600,272$11,041,237
54$13,075,406$7,907,052$6,787,438$11,974,526
55$14,374,085$8,259,486$6,979,805$12,997,016
56$15,804,126$8,628,085$7,177,513$14,117,614
57$17,378,894$9,013,608$7,380,707$15,346,130
58$19,113,115$9,416,849$7,589,534$16,693,367
59$21,023,016$9,838,638$7,804,147$18,171,224
60$23,126,478$10,279,846$8,024,701$19,792,808
61$25,443,206$10,741,385$8,251,355$21,572,551
62$27,994,911$11,224,211$8,484,274$23,526,354
63$30,805,520$11,729,325$8,723,625$25,671,731
64$33,901,398$12,257,777$8,969,581$28,027,972
65$37,311,597$12,810,664$9,222,318$30,616,330
66$41,068,132$13,389,140$9,482,019$33,460,215
67$45,206,283$13,994,409$9,748,868$36,585,415
68$49,764,925$14,627,736$10,023,056$40,020,340
69$54,786,898$15,290,446$10,304,779$43,796,289
70$60,319,410$15,983,926$10,594,237$47,947,742
71$66,414,481$16,709,630$10,891,636$52,512,686
72$73,129,439$17,469,082$11,197,186$57,532,973
73$80,527,454$18,263,879$11,511,104$63,054,712
74$88,678,138$19,095,694$11,833,610$69,128,703
75$97,658,205$19,966,279$12,164,932$75,810,916
76$107,552,187$20,877,472$12,505,303$83,163,017
77$118,453,240$21,831,198$12,854,961$91,252,951
78$130,464,019$22,829,475$13,214,150$100,155,578
79$143,697,646$23,874,417$13,583,121$109,953,381
80$158,278,782$24,968,239$13,962,132$120,737,241
81$174,344,798$26,113,263$14,351,444$132,607,294
82$192,047,078$27,311,924$14,751,328$145,673,875
83$211,552,443$28,566,771$15,162,060$160,058,558
84$233,044,727$29,880,478$15,583,924$175,895,298
85$256,726,512$31,255,844$16,017,209$193,331,700
86$282,821,044$32,695,808$16,462,212$212,530,404
87$311,574,333$34,203,445$16,919,239$233,670,620
88$343,257,482$35,781,981$17,388,600$256,949,822
89$378,169,243$37,434,795$17,870,616$282,585,602
90$416,638,837$39,165,432$18,365,614$310,817,729
91$459,029,065$40,977,605$18,873,929$341,910,404
92$505,739,728$42,875,206$19,395,903$376,154,755
93$557,211,404$44,862,315$19,931,890$413,871,584
94$613,929,607$46,943,208$20,482,248$455,414,387
95$676,429,369$49,122,368$21,047,346$501,172,693
96$745,300,295$51,404,493$21,627,561$551,575,738
97$821,192,121$53,794,509$22,223,281$607,096,511
98$904,820,856$56,297,579$22,834,899$668,256,219
99$996,975,537$58,919,114$23,462,822$735,629,202
100$1,098,525,678$61,664,787$24,107,463$809,848,354