Can I retire at age 45 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$445,927$441,955$438,080$434,297$430,604$424,344
2 years$220,756$216,645$212,660$208,797$205,049$198,756
3 years$145,709$141,580$137,605$133,778$130,092$123,960
4 years$108,192$104,076$100,141$96,380$92,783$86,860
5 years$85,689$81,597$77,714$74,029$70,532$64,836
6 years$70,691$66,630$62,804$59,201$55,809$50,347
7 years$59,983$55,956$52,191$48,673$45,388$40,160
8 years$51,955$47,964$44,262$40,830$37,654$32,660
9 years$45,714$41,762$38,123$34,778$31,710$26,948
10 years$40,725$36,811$33,236$29,979$27,018$22,485
11 years$36,645$32,771$29,261$26,091$23,237$18,927
12 years$33,248$29,413$25,968$22,885$20,136$16,045
13 years$30,376$26,581$23,201$20,204$17,559$13,681
14 years$27,916$24,161$20,846$17,935$15,392$11,721
15 years$25,786$22,072$18,821$15,995$13,553$10,081
16 years$23,924$20,250$17,064$14,322$11,978$8,700
17 years$22,283$18,650$15,528$12,868$10,620$7,529
18 years$20,826$17,233$14,175$11,597$9,443$6,532
19 years$19,523$15,972$12,976$10,479$8,417$5,678
20 years$18,353$14,842$11,909$9,490$7,518$4,944
21 years$17,295$13,824$10,954$8,613$6,728$4,312
22 years$16,335$12,905$10,096$7,831$6,031$3,765
23 years$15,459$12,069$9,322$7,132$5,413$3,292
24 years$14,658$11,308$8,621$6,505$4,866$2,880
25 years$13,922$10,612$7,985$5,941$4,378$2,523
26 years$13,244$9,974$7,405$5,432$3,944$2,211
27 years$12,617$9,386$6,877$4,972$3,556$1,939
28 years$12,035$8,845$6,393$4,555$3,208$1,702
29 years$11,495$8,344$5,949$4,177$2,897$1,494
30 years$10,992$7,880$5,541$3,834$2,618$1,312
31 years$10,522$7,449$5,166$3,521$2,367$1,153
32 years$10,083$7,049$4,820$3,236$2,141$1,013
33 years$9,671$6,675$4,500$2,976$1,937$891
34 years$9,284$6,326$4,205$2,738$1,754$784
35 years$8,920$6,001$3,931$2,520$1,589$689
36 years$8,576$5,695$3,678$2,321$1,440$606
37 years$8,253$5,409$3,442$2,139$1,305$534
38 years$7,947$5,141$3,223$1,971$1,183$470
39 years$7,657$4,888$3,020$1,818$1,073$413
40 years$7,383$4,651$2,831$1,676$973$364
41 years$7,122$4,427$2,654$1,547$883$320
42 years$6,875$4,216$2,490$1,427$801$282
43 years$6,640$4,017$2,336$1,318$727$248
44 years$6,416$3,829$2,193$1,217$660$219
45 years$6,203$3,652$2,059$1,124$599$193
46 years$5,999$3,484$1,934$1,038$544$170
47 years$5,805$3,324$1,817$959$494$149
48 years$5,619$3,174$1,707$886$448$132
49 years$5,442$3,031$1,605$819$407$116
50 years$5,272$2,895$1,509$757$370$102

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,400,000, adding $5,770 every year, while hoping to spend $42,011 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: 42/32/26 Blend
44$5,400,000$5,400,000$5,400,000$5,400,000
45$5,956,752$5,670,552$5,586,852$6,161,357
46$6,519,641$5,903,709$5,729,312$6,541,836
47$7,138,537$6,146,884$5,875,136$6,949,194
48$7,819,108$6,400,521$6,024,394$7,389,535
49$8,567,599$6,665,089$6,177,153$7,865,926
50$9,390,891$6,941,075$6,333,484$8,381,733
51$10,296,565$7,228,990$6,493,459$8,940,656
52$11,292,973$7,529,369$6,657,148$9,546,760
53$12,389,318$7,842,771$6,824,625$10,204,512
54$13,595,742$8,169,780$6,995,963$10,918,822
55$14,923,416$8,511,008$7,171,237$11,695,085
56$16,384,652$8,867,094$7,350,520$12,539,235
57$17,993,014$9,238,709$7,533,890$13,457,795
58$19,763,448$9,626,553$7,721,422$14,457,939
59$21,712,423$10,031,357$7,913,193$15,547,556
60$23,858,087$10,453,890$8,109,282$16,735,323
61$26,220,435$10,894,954$8,309,766$18,030,787
62$28,821,500$11,355,388$8,514,724$19,444,447
63$31,685,561$11,836,070$8,724,235$20,987,858
64$34,839,371$12,337,920$8,938,380$22,673,731
65$38,312,409$12,861,900$9,157,237$24,516,056
66$42,137,158$13,409,017$9,380,888$26,530,227
67$46,349,414$13,980,324$9,609,414$28,733,187
68$50,988,619$14,576,925$9,842,894$31,143,584
69$56,098,237$15,199,973$10,081,410$33,781,944
70$61,726,163$15,850,678$10,325,043$36,670,861
71$67,925,173$16,530,303$10,573,874$39,835,210
72$74,753,426$17,240,172$10,827,983$43,302,375
73$82,275,006$17,981,671$11,087,451$47,102,503
74$90,560,534$18,756,251$11,352,359$51,268,790
75$99,687,831$19,565,430$11,622,785$55,837,785
76$109,742,651$20,410,797$11,898,810$60,849,734
77$120,819,493$21,294,017$12,180,511$66,348,955
78$133,022,489$22,216,833$12,467,966$72,384,250
79$146,466,393$23,181,067$12,761,253$79,009,365
80$161,277,657$24,188,631$13,060,447$86,283,489
81$177,595,627$25,241,524$13,365,621$94,271,809
82$195,573,862$26,341,839$13,676,850$103,046,120
83$215,381,576$27,491,770$13,994,205$112,685,496
84$237,205,242$28,693,611$14,317,756$123,277,035
85$261,250,346$29,949,767$14,647,570$134,916,669
86$287,743,330$31,262,755$14,983,713$147,710,068
87$316,933,731$32,635,211$15,326,248$161,773,629
88$349,096,531$34,069,896$15,675,237$177,235,569
89$384,534,756$35,569,700$16,030,737$194,237,126
90$423,582,338$37,137,652$16,392,803$212,933,889
91$466,607,261$38,776,922$16,761,487$233,497,254
92$514,015,042$40,490,831$17,136,837$256,116,039
93$566,252,553$42,282,858$17,518,897$280,998,254
94$623,812,240$44,156,645$17,907,707$308,373,056
95$687,236,777$46,116,008$18,303,303$338,492,908
96$757,124,180$48,164,945$18,705,716$371,635,946
97$834,133,460$50,307,641$19,114,971$408,108,598
98$918,990,839$52,548,481$19,531,088$448,248,468
99$1,012,496,607$54,892,059$19,954,083$492,427,508
100$1,115,532,678$57,343,187$20,383,961$541,055,520