Can I retire at age 45 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$470,701$466,508$462,417$458,425$454,526$449,967
2 years$233,020$228,680$224,474$220,396$216,441$211,849
3 years$153,804$149,445$145,250$141,210$137,319$132,836
4 years$114,203$109,858$105,705$101,734$97,937$93,599
5 years$90,449$86,130$82,031$78,141$74,450$70,269
6 years$74,618$70,332$66,293$62,490$58,910$54,890
7 years$63,315$59,064$55,090$51,377$47,910$44,054
8 years$54,841$50,629$46,721$43,099$39,746$36,053
9 years$48,254$44,082$40,241$36,711$33,472$29,941
10 years$42,987$38,856$35,083$31,645$28,519$25,149
11 years$38,681$34,591$30,886$27,540$24,528$21,315
12 years$35,095$31,047$27,411$24,157$21,255$18,197
13 years$32,063$28,058$24,490$21,327$18,535$15,627
14 years$29,467$25,504$22,004$18,931$16,248$13,486
15 years$27,218$23,298$19,867$16,884$14,306$11,687
16 years$25,253$21,375$18,012$15,117$12,643$10,163
17 years$23,521$19,686$16,390$13,583$11,210$8,863
18 years$21,983$18,191$14,962$12,241$9,968$7,750
19 years$20,608$16,859$13,697$11,061$8,885$6,791
20 years$19,372$15,666$12,571$10,018$7,936$5,962
21 years$18,256$14,592$11,563$9,092$7,102$5,242
22 years$17,242$13,621$10,657$8,266$6,366$4,616
23 years$16,318$12,740$9,840$7,528$5,714$4,070
24 years$15,472$11,936$9,100$6,866$5,136$3,592
25 years$14,695$11,202$8,428$6,271$4,622$3,173
26 years$13,979$10,528$7,817$5,734$4,163$2,805
27 years$13,318$9,908$7,259$5,248$3,753$2,482
28 years$12,704$9,336$6,748$4,808$3,387$2,197
29 years$12,134$8,808$6,279$4,409$3,058$1,947
30 years$11,603$8,318$5,849$4,047$2,763$1,725
31 years$11,107$7,863$5,453$3,717$2,498$1,530
32 years$10,643$7,440$5,088$3,416$2,260$1,357
33 years$10,208$7,046$4,750$3,141$2,045$1,204
34 years$9,799$6,678$4,438$2,890$1,852$1,069
35 years$9,415$6,334$4,150$2,660$1,677$949
36 years$9,053$6,012$3,882$2,450$1,520$842
37 years$8,711$5,710$3,633$2,257$1,377$748
38 years$8,388$5,426$3,403$2,081$1,249$665
39 years$8,082$5,160$3,188$1,919$1,132$591
40 years$7,793$4,909$2,988$1,770$1,027$525
41 years$7,518$4,673$2,802$1,633$932$466
42 years$7,257$4,451$2,628$1,507$845$415
43 years$7,009$4,241$2,466$1,391$767$369
44 years$6,772$4,042$2,315$1,284$696$328
45 years$6,547$3,855$2,174$1,186$632$291
46 years$6,333$3,677$2,042$1,096$574$259
47 years$6,128$3,509$1,918$1,012$521$230
48 years$5,932$3,350$1,802$935$473$205
49 years$5,744$3,199$1,694$864$430$182
50 years$5,565$3,056$1,593$799$391$162

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,700,000, adding $2,583 every year, while hoping to spend $40,969 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: 64/30/6 Blend
44$5,700,000$5,700,000$5,700,000$5,700,000
45$6,284,064$5,981,964$5,893,614$6,679,794
46$6,881,448$6,231,490$6,047,460$7,192,975
47$7,538,392$6,491,869$6,205,086$7,748,132
48$8,260,928$6,763,591$6,366,576$8,353,363
49$9,055,701$7,047,165$6,532,015$9,013,521
50$9,930,035$7,343,128$6,701,490$9,733,943
51$10,891,996$7,652,039$6,875,087$10,520,501
52$11,950,473$7,974,483$7,052,896$11,379,655
53$13,115,262$8,311,073$7,235,008$12,318,510
54$14,397,152$8,662,449$7,421,515$13,344,885
55$15,808,036$9,029,283$7,612,510$14,467,384
56$17,361,015$9,412,277$7,808,088$15,695,473
57$19,070,525$9,812,165$8,008,346$17,039,573
58$20,952,474$10,229,717$8,213,380$18,511,150
59$23,024,389$10,665,736$8,423,292$20,122,825
60$25,305,585$11,121,065$8,638,180$21,888,493
61$27,817,343$11,596,585$8,858,147$23,823,446
62$30,583,114$12,093,220$9,083,297$25,944,520
63$33,628,738$12,611,934$9,313,734$28,270,252
64$36,982,689$13,153,739$9,549,565$30,821,047
65$40,676,344$13,719,693$9,790,895$33,619,376
66$44,744,276$14,310,903$10,037,836$36,689,976
67$49,224,585$14,928,530$10,290,495$40,060,092
68$54,159,251$15,573,786$10,548,985$43,759,720
69$59,594,536$16,247,943$10,813,418$47,821,896
70$65,581,418$16,952,332$11,083,907$52,282,998
71$72,176,072$17,688,345$11,360,567$57,183,092
72$79,440,399$18,457,442$11,643,514$62,566,301
73$87,442,612$19,261,149$11,932,864$68,481,223
74$96,257,878$20,101,065$12,228,734$74,981,382
75$105,969,029$20,978,865$12,531,245$82,125,734
76$116,667,343$21,896,302$12,840,514$89,979,212
77$128,453,403$22,855,211$13,156,662$98,613,343
78$141,438,049$23,857,516$13,479,809$108,106,913
79$155,743,425$24,905,229$13,810,078$118,546,707
80$171,504,128$26,000,459$14,147,590$130,028,327
81$188,868,482$27,145,414$14,492,466$142,657,085
82$207,999,934$28,342,407$14,844,831$156,548,992
83$229,078,600$29,593,858$15,204,806$171,831,852
84$252,302,965$30,902,304$15,572,514$188,646,456
85$277,891,753$32,270,402$15,948,079$207,147,911
86$306,085,994$33,700,935$16,331,622$227,507,095
87$337,151,301$35,196,816$16,723,267$249,912,264
88$371,380,371$36,761,098$17,123,134$274,570,819
89$409,095,756$38,396,978$17,531,346$301,711,265
90$450,652,899$40,107,806$17,948,022$331,585,349
91$496,443,496$41,897,090$18,373,282$364,470,440
92$546,899,190$43,768,504$18,807,244$400,672,131
93$602,495,646$45,725,900$19,250,026$440,527,118
94$663,757,042$47,773,309$19,701,742$484,406,369
95$731,261,016$49,914,957$20,162,505$532,718,619
96$805,644,119$52,155,269$20,632,429$585,914,215
97$887,607,825$54,498,883$21,111,621$644,489,358
98$977,925,151$56,950,656$21,600,187$708,990,778
99$1,077,447,955$59,515,677$22,098,233$780,020,883
100$1,187,114,981$62,199,280$22,605,858$858,243,433