Can I retire at age 45 with 6,600,000?

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 $6,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$545,022$540,167$535,431$530,807$526,293$511,291
2 years$269,813$264,788$259,918$255,196$250,616$235,618
3 years$178,088$173,042$168,184$163,506$159,001$144,477
4 years$132,235$127,204$122,395$117,797$113,401$99,463
5 years$104,731$99,729$94,983$90,480$86,206$72,892
6 years$86,400$81,437$76,761$72,357$68,211$55,534
7 years$73,312$68,390$63,789$59,489$55,474$43,433
8 years$63,500$58,623$54,098$49,904$46,021$34,609
9 years$55,873$51,042$46,594$42,507$38,757$27,963
10 years$49,775$44,991$40,622$36,641$33,022$22,833
11 years$44,789$40,053$35,763$31,889$28,400$18,797
12 years$40,637$35,949$31,739$27,971$24,611$15,577
13 years$37,126$32,488$28,356$24,694$21,461$12,976
14 years$34,119$29,530$25,478$21,921$18,813$10,855
15 years$31,516$26,977$23,004$19,549$16,564$9,112
16 years$29,240$24,750$20,856$17,504$14,640$7,671
17 years$27,235$22,794$18,978$15,728$12,981$6,474
18 years$25,454$21,063$17,325$14,174$11,542$5,474
19 years$23,862$19,521$15,860$12,807$10,287$4,636
20 years$22,431$18,140$14,555$11,599$9,189$3,932
21 years$21,139$16,896$13,388$10,527$8,223$3,339
22 years$19,965$15,772$12,339$9,572$7,371$2,838
23 years$18,895$14,751$11,393$8,717$6,616$2,414
24 years$17,915$13,821$10,537$7,950$5,947$2,055
25 years$17,016$12,970$9,759$7,261$5,351$1,750
26 years$16,187$12,190$9,051$6,639$4,820$1,492
27 years$15,420$11,472$8,405$6,077$4,346$1,272
28 years$14,710$10,810$7,813$5,568$3,921$1,085
29 years$14,050$10,198$7,271$5,106$3,541$925
30 years$13,435$9,631$6,773$4,686$3,199$790
31 years$12,861$9,105$6,314$4,303$2,893$674
32 years$12,323$8,615$5,891$3,955$2,617$575
33 years$11,820$8,158$5,500$3,637$2,368$491
34 years$11,347$7,732$5,139$3,346$2,144$420
35 years$10,902$7,334$4,805$3,080$1,942$358
36 years$10,482$6,961$4,495$2,837$1,759$306
37 years$10,087$6,611$4,207$2,614$1,595$262
38 years$9,713$6,283$3,940$2,409$1,446$223
39 years$9,359$5,975$3,691$2,221$1,311$191
40 years$9,023$5,684$3,460$2,049$1,189$163
41 years$8,705$5,411$3,244$1,890$1,079$139
42 years$8,403$5,153$3,043$1,745$979$119
43 years$8,115$4,910$2,856$1,611$888$102
44 years$7,842$4,680$2,680$1,487$806$87
45 years$7,581$4,463$2,517$1,373$732$74
46 years$7,332$4,258$2,364$1,269$665$64
47 years$7,095$4,063$2,221$1,172$604$54
48 years$6,868$3,879$2,087$1,083$548$46
49 years$6,651$3,704$1,962$1,001$498$40
50 years$6,444$3,538$1,844$925$452$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $6,600,000, adding $6,291 every year, while hoping to spend $38,817 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: 54/22/24 Blend
44$6,600,000$6,600,000$6,600,000$6,600,000
45$7,279,689$6,929,889$6,827,589$7,624,313
46$7,980,916$7,228,153$7,015,012$8,160,453
47$8,752,368$7,539,730$7,207,413$8,739,253
48$9,601,166$7,865,233$7,404,918$9,368,563
49$10,535,156$8,205,301$7,607,654$10,053,233
50$11,562,986$8,560,605$7,815,755$10,798,593
51$12,694,182$8,931,846$8,029,354$11,610,510
52$13,939,241$9,319,758$8,248,589$12,495,434
53$15,309,728$9,725,111$8,473,602$13,460,459
54$16,818,389$10,148,710$8,704,536$14,513,391
55$18,479,266$10,591,398$8,941,539$15,662,818
56$20,307,832$11,054,058$9,184,762$16,918,190
57$22,321,138$11,537,614$9,434,359$18,289,905
58$24,537,971$12,043,035$9,690,487$19,789,404
59$26,979,034$12,571,333$9,953,308$21,429,282
60$29,667,139$13,123,571$10,222,987$23,223,400
61$32,627,421$13,700,861$10,499,691$25,187,014
62$35,887,581$14,304,366$10,783,593$27,336,919
63$39,478,140$14,935,305$11,074,870$29,691,603
64$43,432,732$15,594,957$11,373,699$32,271,421
65$47,788,419$16,284,658$11,680,266$35,098,781
66$52,586,040$17,005,809$11,994,758$38,198,357
67$57,870,600$17,759,877$12,317,366$41,597,315
68$63,691,690$18,548,400$12,648,287$45,325,570
69$70,103,957$19,372,986$12,987,719$49,416,063
70$77,167,620$20,235,322$13,335,867$53,905,068
71$84,949,038$21,137,174$13,692,939$58,832,534
72$93,521,336$22,080,391$14,059,149$64,242,456
73$102,965,094$23,066,912$14,434,712$70,183,288
74$113,369,110$24,098,768$14,819,852$76,708,393
75$124,831,235$25,178,083$15,214,793$83,876,549
76$137,459,299$26,307,087$15,619,767$91,752,495
77$151,372,127$27,488,114$16,035,008$100,407,539
78$166,700,661$28,723,608$16,460,758$109,920,224
79$183,589,196$30,016,132$16,897,260$120,377,071
80$202,196,740$31,368,369$17,344,765$131,873,385
81$222,698,520$32,783,131$17,803,526$144,514,150
82$245,287,629$34,263,365$18,273,805$158,415,018
83$270,176,853$35,812,156$18,755,864$173,703,391
84$297,600,680$37,432,740$19,249,973$190,519,622
85$327,817,510$39,128,505$19,756,407$209,018,330
86$361,112,096$40,903,001$20,275,447$229,369,855
87$397,798,231$42,759,949$20,807,375$251,761,859
88$438,221,711$44,703,248$21,352,484$276,401,090
89$482,763,601$46,736,982$21,911,067$303,515,328
90$531,843,827$48,865,433$22,483,427$333,355,525
91$585,925,144$51,093,085$23,069,867$366,198,170
92$645,517,502$53,424,640$23,670,701$402,347,885
93$711,182,862$55,865,023$24,286,245$442,140,299
94$783,540,500$58,419,395$24,916,821$485,945,202
95$863,272,853$61,093,167$25,562,756$534,170,027
96$951,131,959$63,892,007$26,224,383$587,263,689
97$1,047,946,559$66,821,856$26,902,041$645,720,812
98$1,154,629,922$69,888,941$27,596,073$710,086,385
99$1,272,188,462$73,099,787$28,306,829$780,960,898
100$1,401,731,241$76,461,232$29,034,663$859,005,999