Can I retire at age 45 with 5,500,000?

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 $5,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$454,185$450,139$446,192$442,340$438,578$429,898
2 years$224,844$220,656$216,598$212,663$208,847$200,139
3 years$148,407$144,201$140,153$136,255$132,501$124,036
4 years$110,196$106,003$101,996$98,164$94,501$86,345
5 years$87,275$83,108$79,153$75,400$71,838$64,014
6 years$72,000$67,864$63,967$60,298$56,843$49,359
7 years$61,093$56,992$53,157$49,574$46,229$39,086
8 years$52,917$48,853$45,081$41,586$38,351$31,549
9 years$46,561$42,535$38,829$35,422$32,297$25,830
10 years$41,479$37,493$33,852$30,534$27,519$21,381
11 years$37,324$33,377$29,802$26,574$23,667$17,851
12 years$33,864$29,958$26,449$23,309$20,509$15,007
13 years$30,938$27,073$23,630$20,578$17,885$12,687
14 years$28,433$24,609$21,232$18,267$15,677$10,774
15 years$26,263$22,480$19,170$16,291$13,804$9,185
16 years$24,367$20,625$17,380$14,587$12,200$7,854
17 years$22,696$18,995$15,815$13,106$10,817$6,735
18 years$21,211$17,552$14,437$11,811$9,618$5,787
19 years$19,885$16,267$13,217$10,673$8,573$4,983
20 years$18,693$15,116$12,130$9,666$7,657$4,297
21 years$17,615$14,080$11,157$8,773$6,853$3,711
22 years$16,637$13,144$10,283$7,976$6,142$3,208
23 years$15,746$12,293$9,494$7,264$5,514$2,777
24 years$14,930$11,518$8,781$6,625$4,956$2,405
25 years$14,180$10,809$8,133$6,051$4,459$2,085
26 years$13,489$10,158$7,543$5,532$4,017$1,808
27 years$12,850$9,560$7,004$5,064$3,622$1,570
28 years$12,258$9,009$6,511$4,640$3,268$1,363
29 years$11,708$8,499$6,059$4,255$2,951$1,184
30 years$11,196$8,026$5,644$3,905$2,666$1,029
31 years$10,717$7,587$5,262$3,586$2,411$894
32 years$10,269$7,179$4,909$3,296$2,180$778
33 years$9,850$6,799$4,584$3,031$1,973$676
34 years$9,456$6,444$4,283$2,789$1,787$588
35 years$9,085$6,112$4,004$2,567$1,618$512
36 years$8,735$5,801$3,746$2,364$1,466$445
37 years$8,405$5,510$3,506$2,178$1,329$388
38 years$8,094$5,236$3,283$2,008$1,205$337
39 years$7,799$4,979$3,076$1,851$1,092$294
40 years$7,519$4,737$2,883$1,708$991$256
41 years$7,254$4,509$2,703$1,575$899$223
42 years$7,002$4,294$2,536$1,454$816$194
43 years$6,763$4,092$2,380$1,342$740$169
44 years$6,535$3,900$2,234$1,239$672$147
45 years$6,318$3,719$2,097$1,144$610$128
46 years$6,110$3,548$1,970$1,057$554$111
47 years$5,913$3,386$1,851$977$503$97
48 years$5,724$3,232$1,739$902$457$85
49 years$5,543$3,087$1,635$834$415$74
50 years$5,370$2,949$1,537$771$377$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,500,000, adding $6,751 every year, while hoping to spend $59,999 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: 79/8/13 Blend
44$5,500,000$5,500,000$5,500,000$5,500,000
45$6,067,964$5,776,464$5,691,214$6,531,433
46$6,623,057$5,995,672$5,818,031$7,056,412
47$7,232,760$6,223,610$5,947,085$7,623,853
48$7,902,578$6,460,644$6,078,389$8,244,701
49$8,638,578$6,707,152$6,211,952$8,924,269
50$9,447,442$6,963,532$6,347,782$9,668,412
51$10,336,535$7,230,199$6,485,886$10,483,574
52$11,313,966$7,507,583$6,626,268$11,376,854
53$12,388,674$7,796,138$6,768,931$12,356,071
54$13,570,503$8,096,333$6,913,875$13,429,836
55$14,870,301$8,408,660$7,061,097$14,607,634
56$16,300,021$8,733,634$7,210,592$15,899,912
57$17,872,829$9,071,788$7,362,354$17,318,180
58$19,603,236$9,423,684$7,516,371$18,875,113
59$21,507,227$9,789,905$7,672,630$20,584,676
60$23,602,415$10,171,062$7,831,114$22,462,252
61$25,908,208$10,567,791$7,991,803$24,524,788
62$28,445,990$10,980,757$8,154,673$26,790,953
63$31,239,323$11,410,656$8,319,697$29,281,315
64$34,314,169$11,858,213$8,486,841$32,018,533
65$37,699,135$12,324,186$8,656,071$35,027,570
66$41,425,742$12,809,366$8,827,345$38,335,930
67$45,528,724$13,314,582$9,000,617$41,973,914
68$50,046,353$13,840,696$9,175,837$45,974,907
69$55,020,802$14,388,611$9,352,949$50,375,693
70$60,498,541$14,959,270$9,531,890$55,216,799
71$66,530,776$15,553,658$9,712,592$60,542,878
72$73,173,933$16,172,805$9,894,982$66,403,129
73$80,490,187$16,817,786$10,078,977$72,851,762
74$88,548,054$17,489,725$10,264,491$79,948,506
75$97,423,032$18,189,797$10,451,427$87,759,176
76$107,198,313$18,919,230$10,639,682$96,356,287
77$117,965,575$19,679,306$10,829,145$105,819,743
78$129,825,838$20,471,366$11,019,696$116,237,590
79$142,890,423$21,296,812$11,211,205$127,706,839
80$157,281,999$22,157,109$11,403,534$140,334,392
81$173,135,744$23,053,789$11,596,533$154,238,037
82$190,600,617$23,988,451$11,790,044$169,547,571
83$209,840,765$24,962,771$11,983,895$186,406,015
84$231,037,073$25,978,496$12,177,906$204,970,966
85$254,388,870$27,037,458$12,371,881$225,416,083
86$280,115,809$28,141,568$12,565,614$247,932,727
87$308,459,944$29,292,827$12,758,884$272,731,762
88$339,688,008$30,493,326$12,951,457$300,045,547
89$374,093,937$31,745,251$13,143,083$330,130,125
90$412,001,641$33,050,890$13,333,498$363,267,644
91$453,768,058$34,412,634$13,522,421$399,769,012
92$499,786,532$35,832,985$13,709,553$439,976,834
93$550,490,514$37,314,558$13,894,579$484,268,644
94$606,357,665$38,860,089$14,077,166$533,060,468
95$667,914,354$40,472,440$14,256,958$586,810,746
96$735,740,633$42,154,605$14,433,581$646,024,663
97$810,475,712$43,909,715$14,606,641$711,258,911
98$892,823,990$45,741,046$14,775,718$783,126,945
99$983,561,704$47,652,025$14,940,372$862,304,771
100$1,083,544,259$49,646,235$15,100,136$949,537,328