Can I retire at age 45 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$437,669$433,771$429,967$426,254$422,629$406,826
2 years$216,668$212,633$208,722$204,930$201,252$185,511
3 years$143,010$138,958$135,057$131,301$127,683$112,499
4 years$106,189$102,149$98,287$94,595$91,064$76,555
5 years$84,102$80,086$76,275$72,658$69,226$55,427
6 years$69,382$65,396$61,641$58,105$54,776$41,698
7 years$58,872$54,920$51,224$47,771$44,547$32,187
8 years$50,993$47,076$43,442$40,074$36,956$25,302
9 years$44,868$40,988$37,417$34,134$31,123$20,158
10 years$39,971$36,129$32,621$29,424$26,518$16,223
11 years$35,967$32,164$28,719$25,608$22,806$13,159
12 years$32,632$28,868$25,487$22,461$19,764$10,739
13 years$29,813$26,089$22,771$19,830$17,234$8,807
14 years$27,399$23,714$20,460$17,603$15,107$7,250
15 years$25,308$21,663$18,473$15,699$13,302$5,988
16 years$23,481$19,875$16,748$14,057$11,756$4,958
17 years$21,870$18,304$15,240$12,630$10,424$4,114
18 years$20,440$16,914$13,912$11,382$9,268$3,419
19 years$19,162$15,676$12,736$10,285$8,261$2,846
20 years$18,013$14,567$11,688$9,315$7,379$2,372
21 years$16,975$13,568$10,751$8,454$6,603$1,978
22 years$16,032$12,666$9,909$7,686$5,919$1,652
23 years$15,173$11,846$9,149$7,000$5,313$1,380
24 years$14,387$11,099$8,461$6,384$4,776$1,153
25 years$13,664$10,416$7,837$5,831$4,297$964
26 years$12,998$9,789$7,268$5,331$3,871$807
27 years$12,383$9,213$6,749$4,880$3,490$675
28 years$11,813$8,681$6,274$4,471$3,149$565
29 years$11,282$8,190$5,839$4,100$2,843$473
30 years$10,789$7,734$5,439$3,763$2,569$396
31 years$10,327$7,311$5,070$3,456$2,323$332
32 years$9,896$6,918$4,731$3,176$2,101$278
33 years$9,492$6,551$4,417$2,921$1,902$233
34 years$9,112$6,209$4,127$2,687$1,722$195
35 years$8,754$5,889$3,858$2,474$1,559$163
36 years$8,418$5,590$3,610$2,278$1,413$137
37 years$8,100$5,309$3,378$2,099$1,281$115
38 years$7,800$5,046$3,164$1,935$1,161$96
39 years$7,515$4,798$2,964$1,784$1,053$81
40 years$7,246$4,565$2,778$1,645$955$68
41 years$6,990$4,345$2,605$1,518$866$57
42 years$6,748$4,138$2,444$1,401$786$47
43 years$6,517$3,943$2,293$1,293$713$40
44 years$6,297$3,758$2,152$1,194$648$33
45 years$6,088$3,584$2,021$1,103$588$28
46 years$5,888$3,419$1,898$1,019$534$23
47 years$5,698$3,263$1,783$941$485$20
48 years$5,515$3,115$1,676$870$440$16
49 years$5,341$2,974$1,575$804$400$14
50 years$5,175$2,841$1,481$743$363$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,300,000, adding $3,457 every year, while hoping to spend $55,459 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: 69/12/19 Blend
44$5,300,000$5,300,000$5,300,000$5,300,000
45$5,844,166$5,563,266$5,481,116$6,220,095
46$6,381,263$5,776,858$5,605,725$6,685,019
47$6,971,285$5,999,057$5,732,650$7,186,708
48$7,619,572$6,230,227$5,861,910$7,734,293
49$8,332,007$6,470,747$5,993,523$8,332,298
50$9,115,070$6,721,011$6,127,504$8,985,704
51$9,975,901$6,981,435$6,263,869$9,699,997
52$10,922,366$7,252,449$6,402,632$10,481,213
53$11,963,132$7,534,504$6,543,805$11,336,002
54$13,107,747$7,828,069$6,687,398$12,271,685
55$14,366,730$8,133,638$6,833,419$13,296,326
56$15,751,672$8,451,722$6,981,874$14,418,803
57$17,275,344$8,782,857$7,132,768$15,648,896
58$18,951,816$9,127,604$7,286,102$16,997,374
59$20,796,591$9,486,547$7,441,877$18,476,099
60$22,826,751$9,860,295$7,600,088$20,098,137
61$25,061,119$10,249,489$7,760,729$21,877,878
62$27,520,432$10,654,792$7,923,793$23,831,175
63$30,227,542$11,076,903$8,089,266$25,975,488
64$33,207,628$11,516,548$8,257,133$28,330,051
65$36,488,434$11,974,487$8,427,375$30,916,054
66$40,100,532$12,451,515$8,599,970$33,756,838
67$44,077,608$12,948,461$8,774,890$36,878,116
68$48,456,780$13,466,191$8,952,105$40,308,217
69$53,278,950$14,005,614$9,131,580$44,078,347
70$58,589,189$14,567,674$9,313,273$48,222,890
71$64,437,159$15,153,363$9,497,140$52,779,725
72$70,877,586$15,763,715$9,683,131$57,790,583
73$77,970,773$16,399,810$9,871,190$63,301,445
74$85,783,171$17,062,780$10,061,254$69,362,968
75$94,388,005$17,753,806$10,253,256$76,030,966
76$103,865,962$18,474,124$10,447,121$83,366,934
77$114,305,958$19,225,024$10,642,767$91,438,629
78$125,805,972$20,007,856$10,840,106$100,320,705
79$138,473,973$20,824,033$11,039,041$110,095,418
80$152,428,937$21,675,029$11,239,468$120,853,401
81$167,801,972$22,562,389$11,441,274$132,694,519
82$184,737,553$23,487,726$11,644,337$145,728,807
83$203,394,887$24,452,728$11,848,525$160,077,509
84$223,949,413$25,459,159$12,053,698$175,874,222
85$246,594,460$26,508,865$12,259,704$193,266,151
86$271,543,072$27,603,776$12,466,381$212,415,503
87$299,030,015$28,745,911$12,673,555$233,501,009
88$329,313,997$29,937,382$12,881,040$256,719,616
89$362,680,108$31,180,396$13,088,637$282,288,340
90$399,442,508$32,477,265$13,296,136$310,446,312
91$439,947,398$33,830,405$13,503,311$341,457,036
92$484,576,282$35,242,344$13,709,921$375,610,873
93$533,749,570$36,715,726$13,915,711$413,227,777
94$587,930,549$38,253,320$14,120,410$454,660,318
95$647,629,752$39,858,019$14,323,730$500,297,002
96$713,409,777$41,532,852$14,525,365$550,565,942
97$785,890,601$43,280,989$14,724,992$605,938,890
98$865,755,429$45,105,744$14,922,266$666,935,693
99$953,757,146$47,010,589$15,116,825$734,129,195
100$1,050,725,419$48,999,152$15,308,283$808,150,642