Can I retire at age 45 with 5,800,000?

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 $5,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$478,959$474,692$470,530$466,467$462,500$446,623
2 years$237,108$232,692$228,413$224,263$220,238$204,404
3 years$156,502$152,067$147,798$143,688$139,728$124,435
4 years$116,207$111,785$107,559$103,519$99,655$85,019
5 years$92,036$87,641$83,470$79,512$75,756$61,816
6 years$75,927$71,566$67,456$63,587$59,943$46,710
7 years$64,426$60,101$56,057$52,278$48,750$36,221
8 years$55,803$51,517$47,540$43,855$40,443$28,608
9 years$49,101$44,855$40,947$37,355$34,059$22,904
10 years$43,742$39,538$35,698$32,200$29,020$18,526
11 years$39,360$35,198$31,428$28,024$24,958$15,105
12 years$35,711$31,592$27,892$24,580$21,628$12,393
13 years$32,626$28,550$24,919$21,701$18,860$10,219
14 years$29,984$25,951$22,390$19,264$16,533$8,460
15 years$27,696$23,707$20,215$17,180$14,557$7,027
16 years$25,696$21,750$18,328$15,383$12,865$5,852
17 years$23,933$20,031$16,678$13,821$11,407$4,885
18 years$22,368$18,510$15,225$12,456$10,143$4,084
19 years$20,970$17,155$13,938$11,255$9,040$3,420
20 years$19,712$15,941$12,791$10,193$8,075$2,868
21 years$18,576$14,848$11,765$9,251$7,226$2,407
22 years$17,545$13,860$10,844$8,411$6,477$2,022
23 years$16,605$12,963$10,012$7,660$5,814$1,700
24 years$15,744$12,146$9,260$6,987$5,226$1,430
25 years$14,953$11,398$8,576$6,381$4,703$1,203
26 years$14,225$10,713$7,954$5,834$4,236$1,013
27 years$13,551$10,082$7,386$5,340$3,819$853
28 years$12,927$9,500$6,866$4,893$3,446$719
29 years$12,347$8,962$6,390$4,487$3,112$606
30 years$11,806$8,464$5,952$4,118$2,812$511
31 years$11,302$8,001$5,549$3,782$2,542$431
32 years$10,830$7,571$5,177$3,476$2,299$363
33 years$10,387$7,170$4,834$3,196$2,081$306
34 years$9,971$6,795$4,516$2,941$1,884$258
35 years$9,580$6,445$4,222$2,707$1,706$218
36 years$9,212$6,117$3,950$2,493$1,546$184
37 years$8,864$5,810$3,697$2,297$1,401$155
38 years$8,535$5,522$3,462$2,117$1,270$131
39 years$8,224$5,250$3,244$1,952$1,152$110
40 years$7,930$4,995$3,040$1,801$1,045$93
41 years$7,650$4,755$2,851$1,661$948$79
42 years$7,384$4,529$2,674$1,533$860$66
43 years$7,132$4,315$2,509$1,415$781$56
44 years$6,891$4,113$2,355$1,307$709$47
45 years$6,662$3,922$2,212$1,207$643$40
46 years$6,444$3,742$2,077$1,115$584$34
47 years$6,235$3,571$1,952$1,030$530$28
48 years$6,036$3,409$1,834$952$482$24
49 years$5,845$3,255$1,724$880$437$20
50 years$5,663$3,109$1,621$813$397$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $5,800,000, adding $2,814 every year, while hoping to spend $22,622 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: 79/9/12 Blend
44$5,800,000$5,800,000$5,800,000$5,800,000
45$6,394,503$6,087,103$5,997,203$6,885,124
46$7,022,672$6,361,301$6,174,039$7,482,215
47$7,714,157$6,648,177$6,356,042$8,133,931
48$8,475,391$6,948,328$6,543,359$8,848,285
49$9,313,464$7,262,379$6,736,145$9,631,525
50$10,236,189$7,590,987$6,934,557$10,490,536
51$11,252,173$7,934,838$7,138,758$11,432,896
52$12,370,902$8,294,653$7,348,914$12,466,951
53$13,602,829$8,671,185$7,565,197$13,601,895
54$14,959,470$9,065,226$7,787,783$14,847,850
55$16,453,516$9,477,602$8,016,854$16,215,965
56$18,098,953$9,909,183$8,252,597$17,718,521
57$19,911,191$10,360,877$8,495,204$19,369,043
58$21,907,210$10,833,638$8,744,871$21,182,430
59$24,105,723$11,328,464$9,001,802$23,175,091
60$26,527,350$11,846,402$9,266,205$25,365,101
61$29,194,813$12,388,549$9,538,296$27,772,374
62$32,133,149$12,956,053$9,818,294$30,418,842
63$35,369,950$13,550,120$10,106,427$33,328,667
64$38,935,620$14,172,011$10,402,928$36,528,467
65$42,863,664$14,823,050$10,708,037$40,047,566
66$47,191,002$15,504,623$11,022,000$43,918,266
67$51,958,318$16,218,184$11,345,071$48,176,156
68$57,210,446$16,965,254$11,677,510$52,860,443
69$62,996,791$17,747,431$12,019,586$58,014,323
70$69,371,796$18,566,388$12,371,575$63,685,383
71$76,395,455$19,423,877$12,733,759$69,926,057
72$84,133,882$20,321,737$13,106,430$76,794,108
73$92,659,930$21,261,894$13,489,887$84,353,182
74$102,053,883$22,246,367$13,884,438$92,673,402
75$112,404,212$23,277,272$14,290,400$101,832,028
76$123,808,411$24,356,828$14,708,098$111,914,185
77$136,373,916$25,487,360$15,137,867$123,013,667
78$150,219,120$26,671,304$15,580,049$135,233,817
79$165,474,489$27,911,217$16,035,000$148,688,501
80$182,283,795$29,209,775$16,503,081$163,503,183
81$200,805,474$30,569,787$16,984,666$179,816,105
82$221,214,120$31,994,194$17,480,140$197,779,591
83$243,702,132$33,486,081$17,989,896$217,561,480
84$268,481,533$35,048,682$18,514,341$239,346,710
85$295,785,969$36,685,387$19,053,891$263,339,061
86$325,872,915$38,399,748$19,608,974$289,763,075
87$359,026,109$40,195,492$20,180,031$318,866,175
88$395,558,224$42,076,524$20,767,514$350,920,992
89$435,813,826$44,046,937$21,371,889$386,227,944
90$480,172,623$46,111,023$21,993,633$425,118,060
91$529,053,048$48,273,281$22,633,238$467,956,108
92$582,916,216$50,538,429$23,291,209$515,144,031
93$642,270,270$52,911,411$23,968,064$567,124,741
94$707,675,179$55,397,412$24,664,336$624,386,292
95$779,748,030$58,001,868$25,380,574$687,466,488
96$859,168,846$60,730,476$26,117,340$756,957,952
97$946,687,011$63,589,212$26,875,213$833,513,718
98$1,043,128,341$66,584,338$27,654,787$917,853,392
99$1,149,402,883$69,722,422$28,456,674$1,010,769,938
100$1,266,513,505$73,010,349$29,281,501$1,113,137,161