Can I retire at age 45 with 7,800,000?

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 $7,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$644,117$638,379$632,782$627,318$621,983$614,465
2 years$318,870$312,931$307,176$301,595$296,182$288,617
3 years$210,468$204,504$198,763$193,235$187,910$180,532
4 years$156,278$150,332$144,648$139,215$134,019$126,885
5 years$123,772$117,862$112,253$106,930$101,879$95,009
6 years$102,109$96,243$90,717$85,513$80,614$74,017
7 years$86,641$80,825$75,386$70,305$65,560$59,239
8 years$75,046$69,282$63,934$58,977$54,389$48,342
9 years$66,032$60,322$55,066$50,235$45,803$40,029
10 years$58,825$53,171$48,008$43,303$39,027$33,521
11 years$52,932$47,335$42,265$37,687$33,564$28,323
12 years$48,025$42,486$37,509$33,057$29,086$24,102
13 years$43,876$38,395$33,512$29,184$25,364$20,632
14 years$40,323$34,900$30,111$25,906$22,234$17,746
15 years$37,246$31,881$27,186$23,104$19,576$15,327
16 years$34,557$29,251$24,648$20,687$17,301$13,282
17 years$32,186$26,939$22,429$18,587$15,341$11,543
18 years$30,082$24,893$20,475$16,751$13,640$10,057
19 years$28,201$23,070$18,744$15,136$12,158$8,781
20 years$26,510$21,438$17,202$13,708$10,860$7,680
21 years$24,982$19,969$15,822$12,441$9,718$6,728
22 years$23,595$18,640$14,583$11,312$8,711$5,902
23 years$22,330$17,434$13,465$10,302$7,819$5,184
24 years$21,173$16,334$12,453$9,396$7,028$4,557
25 years$20,110$15,329$11,534$8,581$6,324$4,010
26 years$19,130$14,407$10,697$7,846$5,697$3,532
27 years$18,224$13,558$9,933$7,182$5,136$3,112
28 years$17,384$12,776$9,234$6,580$4,634$2,744
29 years$16,604$12,053$8,593$6,034$4,185$2,421
30 years$15,877$11,382$8,004$5,538$3,781$2,137
31 years$15,199$10,760$7,462$5,086$3,419$1,887
32 years$14,564$10,181$6,962$4,674$3,092$1,667
33 years$13,969$9,642$6,501$4,298$2,799$1,473
34 years$13,410$9,138$6,074$3,955$2,534$1,302
35 years$12,884$8,667$5,678$3,640$2,295$1,151
36 years$12,388$8,227$5,312$3,353$2,079$1,018
37 years$11,921$7,813$4,972$3,089$1,885$900
38 years$11,479$7,426$4,656$2,847$1,709$796
39 years$11,060$7,061$4,362$2,625$1,549$704
40 years$10,664$6,718$4,089$2,422$1,405$623
41 years$10,288$6,395$3,834$2,234$1,275$552
42 years$9,931$6,090$3,596$2,062$1,157$488
43 years$9,591$5,803$3,375$1,903$1,050$432
44 years$9,268$5,531$3,168$1,757$953$383
45 years$8,959$5,275$2,974$1,623$865$339
46 years$8,666$5,032$2,794$1,499$786$300
47 years$8,385$4,802$2,625$1,385$713$265
48 years$8,117$4,584$2,466$1,280$648$235
49 years$7,861$4,377$2,318$1,183$588$208
50 years$7,616$4,182$2,179$1,093$534$184

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $7,800,000, adding $6,995 every year, while hoping to spend $30,894 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: 41/45/14 Blend
44$7,800,000$7,800,000$7,800,000$7,800,000
45$8,602,815$8,189,415$8,068,515$8,919,676
46$9,447,432$8,557,826$8,305,940$9,512,300
47$10,377,163$8,943,253$8,550,282$10,149,737
48$11,400,659$9,346,498$8,801,742$10,838,982
49$12,527,450$9,768,400$9,060,524$11,584,766
50$13,768,038$10,209,839$9,326,839$12,392,281
51$15,133,993$10,671,736$9,600,904$13,267,220
52$16,638,066$11,155,058$9,882,940$14,215,833
53$18,294,308$11,660,814$10,173,178$15,244,979
54$20,118,200$12,190,067$10,471,851$16,362,186
55$22,126,802$12,743,925$10,779,204$17,575,724
56$24,338,912$13,323,554$11,095,484$18,894,670
57$26,775,246$13,930,173$11,420,947$20,328,996
58$29,458,629$14,565,060$11,755,857$21,889,659
59$32,414,215$15,229,554$12,100,484$23,588,693
60$35,669,721$15,925,058$12,455,107$25,439,325
61$39,255,691$16,653,044$12,820,011$27,456,091
62$43,205,780$17,415,052$13,195,490$29,654,968
63$47,557,078$18,212,698$13,581,848$32,053,519
64$52,350,454$19,047,674$13,979,394$34,671,054
65$57,630,945$19,921,755$14,388,448$37,528,805
66$63,448,180$20,836,799$14,809,339$40,650,121
67$69,856,847$21,794,755$15,242,405$44,060,681
68$76,917,212$22,797,665$15,687,992$47,788,726
69$84,695,686$23,847,668$16,146,458$51,865,327
70$93,265,451$24,947,009$16,618,169$56,324,658
71$102,707,152$26,098,038$17,103,503$61,204,324
72$113,109,659$27,303,219$17,602,848$66,545,694
73$124,570,902$28,565,135$18,116,601$72,394,294
74$137,198,800$29,886,492$18,645,173$78,800,221
75$151,112,276$31,270,129$19,188,985$85,818,607
76$166,442,381$32,719,018$19,748,469$93,510,129
77$183,333,532$34,236,278$20,324,070$101,941,575
78$201,944,871$35,825,175$20,916,246$111,186,457
79$222,451,774$37,489,134$21,525,466$121,325,698
80$245,047,500$39,231,747$22,152,214$132,448,380
81$269,945,017$41,056,775$22,796,986$144,652,577
82$297,379,016$42,968,163$23,460,292$158,046,261
83$327,608,120$44,970,047$24,142,656$172,748,312
84$360,917,330$47,066,762$24,844,617$188,889,624
85$397,620,715$49,262,851$25,566,729$206,614,324
86$438,064,375$51,563,077$26,309,561$226,081,119
87$482,629,708$53,972,435$27,073,698$247,464,773
88$531,737,012$56,496,158$27,859,741$270,957,745
89$585,849,452$59,139,734$28,668,307$296,771,980
90$645,477,431$61,908,917$29,500,030$325,140,898
91$711,183,412$64,809,736$30,355,564$356,321,571
92$783,587,222$67,848,515$31,235,577$390,597,132
93$863,371,908$71,031,882$32,140,759$428,279,423
94$951,290,184$74,366,786$33,071,816$469,711,920
95$1,048,171,536$77,860,512$34,029,475$515,272,944
96$1,154,930,053$81,520,697$35,014,483$565,379,213
97$1,272,573,058$85,355,350$36,027,607$620,489,746
98$1,402,210,612$89,372,865$37,069,634$681,110,171
99$1,545,066,004$93,582,044$38,141,376$747,797,463
100$1,702,487,287$97,992,115$39,243,663$821,165,178