Can I retire at age 45 with 6,100,000?

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 $6,100,000?

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$503,732$499,245$494,868$490,595$486,423$481,543
2 years$249,372$244,728$240,227$235,863$231,630$226,715
3 years$164,597$159,933$155,443$151,120$146,955$142,158
4 years$122,217$117,567$113,123$108,873$104,810$100,167
5 years$96,796$92,174$87,788$83,625$79,675$75,200
6 years$79,855$75,267$70,946$66,876$63,044$58,742
7 years$67,758$63,209$58,956$54,982$51,272$47,145
8 years$58,690$54,182$49,999$46,123$42,535$38,583
9 years$51,640$47,175$43,064$39,287$35,820$32,043
10 years$46,004$41,583$37,545$33,866$30,521$26,914
11 years$41,396$37,019$33,054$29,473$26,249$22,811
12 years$37,558$33,226$29,334$25,852$22,747$19,474
13 years$34,313$30,026$26,208$22,823$19,836$16,724
14 years$31,535$27,293$23,548$20,260$17,388$14,433
15 years$29,129$24,933$21,261$18,068$15,310$12,507
16 years$27,025$22,875$19,276$16,178$13,531$10,876
17 years$25,171$21,067$17,540$14,536$11,997$9,485
18 years$23,525$19,467$16,012$13,100$10,667$8,294
19 years$22,054$18,042$14,658$11,837$9,508$7,267
20 years$20,732$16,766$13,453$10,721$8,493$6,380
21 years$19,537$15,616$12,374$9,730$7,600$5,610
22 years$18,452$14,577$11,405$8,846$6,812$4,940
23 years$17,463$13,634$10,530$8,057$6,115$4,355
24 years$16,558$12,774$9,739$7,348$5,496$3,844
25 years$15,727$11,988$9,020$6,711$4,946$3,396
26 years$14,960$11,267$8,365$6,136$4,455$3,002
27 years$14,252$10,603$7,768$5,616$4,017$2,656
28 years$13,596$9,991$7,221$5,146$3,624$2,352
29 years$12,985$9,426$6,720$4,719$3,273$2,083
30 years$12,417$8,902$6,260$4,331$2,957$1,846
31 years$11,886$8,415$5,836$3,977$2,673$1,637
32 years$11,390$7,962$5,445$3,655$2,418$1,452
33 years$10,924$7,540$5,084$3,361$2,189$1,288
34 years$10,487$7,147$4,750$3,093$1,982$1,144
35 years$10,076$6,778$4,441$2,847$1,795$1,015
36 years$9,688$6,434$4,154$2,622$1,626$902
37 years$9,322$6,111$3,888$2,416$1,474$801
38 years$8,977$5,807$3,641$2,227$1,336$711
39 years$8,650$5,522$3,412$2,053$1,212$632
40 years$8,340$5,254$3,198$1,894$1,099$562
41 years$8,046$5,001$2,998$1,747$997$499
42 years$7,766$4,763$2,813$1,613$905$444
43 years$7,501$4,538$2,639$1,489$821$394
44 years$7,248$4,326$2,477$1,374$745$351
45 years$7,007$4,125$2,326$1,269$677$312
46 years$6,777$3,935$2,185$1,172$614$277
47 years$6,558$3,755$2,053$1,083$558$247
48 years$6,348$3,585$1,929$1,001$507$219
49 years$6,148$3,423$1,813$925$460$195
50 years$5,956$3,270$1,704$855$418$173

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $6,100,000, adding $3,895 every year, while hoping to spend $58,913 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: 28/47/25 Blend
44$6,100,000$6,100,000$6,100,000$6,100,000
45$6,726,218$6,402,918$6,308,368$6,861,956
46$7,349,609$6,653,978$6,457,015$7,220,496
47$8,034,612$6,915,365$6,608,668$7,600,034
48$8,787,448$7,187,524$6,763,364$8,006,603
49$9,614,972$7,470,917$6,921,141$8,442,557
50$10,524,737$7,766,030$7,082,037$8,910,476
51$11,525,063$8,073,368$7,246,088$9,413,184
52$12,625,116$8,393,460$7,413,329$9,953,780
53$13,834,997$8,726,858$7,583,794$10,535,663
54$15,165,832$9,074,140$7,757,516$11,162,558
55$16,629,881$9,435,907$7,934,528$11,838,554
56$18,240,654$9,812,791$8,114,859$12,568,139
57$20,013,032$10,205,450$8,298,539$13,356,236
58$21,963,416$10,614,571$8,485,595$14,208,253
59$24,109,875$11,040,875$8,676,052$15,130,126
60$26,472,317$11,485,113$8,869,935$16,128,375
61$29,072,680$11,948,070$9,067,264$17,210,163
62$31,935,136$12,430,569$9,268,060$18,383,358
63$35,086,319$12,933,466$9,472,340$19,656,605
64$38,555,578$13,457,660$9,680,117$21,039,408
65$42,375,250$14,004,089$9,891,405$22,542,211
66$46,580,970$14,573,733$10,106,211$24,176,493
67$51,212,002$15,167,619$10,324,541$25,954,879
68$56,311,611$15,786,817$10,546,399$27,891,248
69$61,927,474$16,432,450$10,771,782$30,000,863
70$68,112,126$17,105,690$11,000,687$32,300,511
71$74,923,456$17,807,762$11,233,103$34,808,657
72$82,425,254$18,539,948$11,469,017$37,545,613
73$90,687,814$19,303,588$11,708,412$40,533,725
74$99,788,592$20,100,086$11,951,266$43,797,579
75$109,812,945$20,930,906$12,197,549$47,364,228
76$120,854,927$21,797,583$12,447,230$51,263,442
77$133,018,186$22,701,720$12,700,268$55,527,983
78$146,416,932$23,644,996$12,956,618$60,193,908
79$161,177,024$24,629,166$13,216,230$65,300,904
80$177,437,151$25,656,065$13,479,043$70,892,654
81$195,350,142$26,727,614$13,744,994$77,017,248
82$215,084,413$27,845,823$14,014,007$83,727,622
83$236,825,548$29,012,794$14,286,001$91,082,056
84$260,778,059$30,230,726$14,560,887$99,144,717
85$287,167,310$31,501,920$14,838,566$107,986,251
86$316,241,646$32,828,784$15,118,928$117,684,447
87$348,274,737$34,213,838$15,401,855$128,324,961
88$383,568,161$35,659,717$15,687,218$140,002,115
89$422,454,250$37,169,180$15,974,877$152,819,777
90$465,299,228$38,745,115$16,264,680$166,892,333
91$512,506,665$40,390,541$16,556,463$182,345,757
92$564,521,289$42,108,621$16,850,048$199,318,788
93$621,833,181$43,902,664$17,145,245$217,964,227
94$684,982,403$45,776,133$17,441,848$238,450,371
95$754,564,097$47,732,652$17,739,639$260,962,587
96$831,234,098$49,776,015$18,038,380$285,705,050
97$915,715,130$51,910,194$18,337,820$312,902,658
98$1,008,803,625$54,139,345$18,637,688$342,803,136
99$1,111,377,241$56,467,819$18,937,697$375,679,367
100$1,224,403,148$58,900,171$19,237,539$411,831,949