Can I retire at age 45 with 7,500,000?

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 $7,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$619,343$613,826$608,444$603,190$598,061$589,123
2 years$306,605$300,895$295,361$289,995$284,791$275,807
3 years$202,373$196,638$191,118$185,803$180,683$171,932
4 years$150,267$144,550$139,085$133,860$128,865$120,414
5 years$119,012$113,329$107,936$102,818$97,961$89,834
6 years$98,182$92,542$87,228$82,224$77,513$69,721
7 years$83,309$77,716$72,487$67,601$63,039$55,583
8 years$72,160$66,617$61,475$56,709$52,297$45,177
9 years$63,492$58,002$52,948$48,303$44,041$37,254
10 years$56,562$51,126$46,161$41,638$37,526$31,064
11 years$50,896$45,515$40,640$36,237$32,273$26,132
12 years$46,178$40,851$36,067$31,785$27,967$22,139
13 years$42,189$36,918$32,223$28,062$24,388$18,865
14 years$38,772$33,557$28,953$24,910$21,378$16,151
15 years$35,814$30,655$26,140$22,215$18,823$13,883
16 years$33,228$28,126$23,700$19,891$16,636$11,972
17 years$30,948$25,903$21,566$17,872$14,751$10,354
18 years$28,925$23,935$19,687$16,106$13,116$8,975
19 years$27,116$22,183$18,023$14,554$11,690$7,796
20 years$25,490$20,613$16,540$13,181$10,442$6,784
21 years$24,021$19,201$15,214$11,963$9,344$5,912
22 years$22,687$17,923$14,022$10,877$8,376$5,158
23 years$21,471$16,763$12,947$9,906$7,519$4,506
24 years$20,358$15,706$11,974$9,035$6,758$3,940
25 years$19,336$14,739$11,090$8,251$6,081$3,448
26 years$18,394$13,852$10,285$7,544$5,478$3,020
27 years$17,523$13,037$9,551$6,905$4,939$2,646
28 years$16,716$12,284$8,879$6,327$4,456$2,320
29 years$15,966$11,589$8,262$5,802$4,024$2,035
30 years$15,267$10,945$7,696$5,325$3,636$1,786
31 years$14,614$10,346$7,175$4,890$3,287$1,568
32 years$14,004$9,790$6,694$4,494$2,973$1,377
33 years$13,431$9,271$6,251$4,133$2,691$1,210
34 years$12,894$8,787$5,840$3,803$2,436$1,063
35 years$12,388$8,334$5,460$3,500$2,207$934
36 years$11,912$7,910$5,108$3,224$1,999$821
37 years$11,462$7,513$4,781$2,970$1,812$722
38 years$11,037$7,140$4,477$2,738$1,643$635
39 years$10,635$6,789$4,194$2,524$1,490$558
40 years$10,254$6,460$3,931$2,328$1,351$491
41 years$9,892$6,149$3,686$2,148$1,226$432
42 years$9,549$5,856$3,458$1,983$1,112$380
43 years$9,222$5,580$3,245$1,830$1,010$334
44 years$8,911$5,319$3,046$1,690$916$294
45 years$8,615$5,072$2,860$1,561$832$259
46 years$8,332$4,838$2,686$1,442$755$228
47 years$8,063$4,617$2,524$1,332$686$200
48 years$7,805$4,408$2,372$1,231$623$176
49 years$7,558$4,209$2,229$1,137$566$155
50 years$7,323$4,021$2,096$1,051$514$137

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $7,500,000, adding $3,527 every year, while hoping to spend $40,256 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: 35/44/21 Blend
44$7,500,000$7,500,000$7,500,000$7,500,000
45$8,268,638$7,871,138$7,754,888$8,505,064
46$9,069,207$8,213,992$7,971,845$9,022,166
47$9,950,085$8,572,296$8,194,720$9,575,759
48$10,919,421$8,946,766$8,423,670$10,172,251
49$11,986,193$9,338,149$8,658,855$10,815,487
50$13,160,295$9,747,229$8,900,437$11,509,681
51$14,452,629$10,174,826$9,148,585$12,259,451
52$15,875,205$10,621,800$9,403,470$13,069,864
53$17,441,258$11,089,051$9,665,269$13,946,479
54$19,165,373$11,577,521$9,934,162$14,895,395
55$21,063,618$12,088,196$10,210,334$15,923,306
56$23,153,700$12,622,112$10,493,973$17,037,559
57$25,455,131$13,180,349$10,785,275$18,246,222
58$27,989,411$13,764,042$11,084,438$19,558,153
59$30,780,229$14,374,378$11,391,665$20,983,084
60$33,853,691$15,012,602$11,707,165$22,531,701
61$37,238,564$15,680,016$12,031,151$24,215,748
62$40,966,546$16,377,984$12,363,842$26,048,129
63$45,072,565$17,107,937$12,705,463$28,043,024
64$49,595,113$17,871,372$13,056,242$30,216,020
65$54,576,603$18,669,858$13,416,414$32,584,251
66$60,063,772$19,505,036$13,786,220$35,166,554
67$66,108,124$20,378,630$14,165,905$37,983,643
68$72,766,412$21,292,442$14,555,722$41,058,294
69$80,101,176$22,248,362$14,955,929$44,415,558
70$88,181,332$23,248,368$15,366,789$48,082,985
71$97,082,824$24,294,535$15,788,573$52,090,883
72$106,889,339$25,389,034$16,221,557$56,472,594
73$117,693,097$26,534,141$16,666,024$61,264,798
74$129,595,720$27,732,242$17,122,264$66,507,856
75$142,709,196$28,985,834$17,590,572$72,246,178
76$157,156,930$30,297,536$18,071,252$78,528,636
77$173,074,912$31,670,090$18,564,614$85,409,014
78$190,612,999$33,106,371$19,070,975$92,946,509
79$209,936,331$34,609,389$19,590,658$101,206,275
80$231,226,888$36,182,301$20,123,997$110,260,030
81$254,685,210$37,828,412$20,671,330$120,186,723
82$280,532,285$39,551,188$21,233,003$131,073,264
83$309,011,641$41,354,260$21,809,372$143,015,335
84$340,391,641$43,241,431$22,400,798$156,118,277
85$374,968,017$45,216,689$23,007,653$170,498,076
86$413,066,660$47,284,213$23,630,315$186,282,439
87$455,046,700$49,448,380$24,269,172$203,611,988
88$501,303,892$51,713,779$24,924,618$222,641,569
89$552,274,354$54,085,220$25,597,058$243,541,700
90$608,438,684$56,567,741$26,286,905$266,500,165
91$670,326,494$59,166,625$26,994,580$291,723,764
92$738,521,414$61,887,406$27,720,515$319,440,252
93$813,666,596$64,735,887$28,465,151$349,900,466
94$896,470,790$67,718,147$29,228,935$383,380,677
95$987,715,034$70,840,559$30,012,327$420,185,170
96$1,088,260,023$74,109,803$30,815,796$460,649,102
97$1,199,054,240$77,532,878$31,639,820$505,141,637
98$1,321,142,906$81,117,123$32,484,888$554,069,410
99$1,455,677,848$84,870,227$33,351,496$607,880,340
100$1,603,928,372$88,800,251$34,240,155$667,067,828