Can I retire at age 45 with 8,200,000?

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 $8,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$677,148$671,117$665,232$659,488$653,880$643,312
2 years$335,222$328,979$322,928$317,062$311,371$300,754
3 years$221,261$214,991$208,956$203,144$197,547$187,209
4 years$164,292$158,041$152,066$146,354$140,892$130,915
5 years$130,120$123,906$118,010$112,414$107,104$97,516
6 years$107,345$101,179$95,369$89,898$84,748$75,559
7 years$91,085$84,970$79,252$73,910$68,922$60,137
8 years$78,894$72,835$67,212$62,002$57,178$48,793
9 years$69,418$63,416$57,890$52,812$48,152$40,164
10 years$61,842$55,898$50,470$45,524$41,028$33,430
11 years$55,647$49,763$44,433$39,620$35,285$28,070
12 years$50,488$44,664$39,433$34,752$30,578$23,735
13 years$46,126$40,363$35,231$30,681$26,664$20,185
14 years$42,391$36,689$31,655$27,235$23,374$17,246
15 years$39,156$33,516$28,580$24,289$20,580$14,793
16 years$36,329$30,751$25,912$21,748$18,189$12,731
17 years$33,837$28,320$23,579$19,540$16,127$10,987
18 years$31,624$26,169$21,525$17,610$14,340$9,503
19 years$29,647$24,253$19,705$15,912$12,781$8,237
20 years$27,869$22,537$18,084$14,411$11,416$7,151
21 years$26,263$20,993$16,634$13,079$10,216$6,218
22 years$24,805$19,596$15,331$11,892$9,158$5,413
23 years$23,475$18,328$14,155$10,830$8,220$4,718
24 years$22,259$17,172$13,091$9,878$7,389$4,115
25 years$21,141$16,115$12,125$9,021$6,649$3,593
26 years$20,111$15,145$11,245$8,248$5,989$3,139
27 years$19,159$14,254$10,442$7,550$5,400$2,744
28 years$18,276$13,431$9,707$6,917$4,872$2,400
29 years$17,456$12,671$9,034$6,343$4,399$2,101
30 years$16,692$11,966$8,414$5,822$3,975$1,839
31 years$15,978$11,312$7,845$5,347$3,594$1,610
32 years$15,311$10,703$7,319$4,914$3,251$1,411
33 years$14,685$10,136$6,834$4,519$2,942$1,236
34 years$14,097$9,607$6,385$4,157$2,664$1,084
35 years$13,544$9,112$5,970$3,827$2,413$950
36 years$13,023$8,649$5,585$3,525$2,186$833
37 years$12,532$8,214$5,227$3,248$1,981$730
38 years$12,067$7,806$4,895$2,993$1,796$641
39 years$11,627$7,423$4,586$2,760$1,629$562
40 years$11,211$7,062$4,298$2,546$1,477$493
41 years$10,815$6,723$4,031$2,349$1,340$433
42 years$10,440$6,403$3,781$2,168$1,216$380
43 years$10,083$6,100$3,548$2,001$1,104$333
44 years$9,743$5,815$3,330$1,848$1,002$292
45 years$9,419$5,545$3,127$1,706$910$257
46 years$9,110$5,290$2,937$1,576$826$225
47 years$8,815$5,048$2,759$1,456$750$198
48 years$8,533$4,819$2,593$1,346$681$173
49 years$8,264$4,602$2,437$1,244$619$152
50 years$8,006$4,396$2,291$1,149$562$134

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $8,200,000, adding $2,297 every year, while hoping to spend $27,369 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: 65/16/19 Blend
44$8,200,000$8,200,000$8,200,000$8,200,000
45$9,038,769$8,604,169$8,477,069$9,583,003
46$9,931,603$8,996,653$8,731,931$10,340,996
47$10,914,589$9,407,452$8,994,413$11,165,673
48$11,996,894$9,837,433$9,264,742$12,066,255
49$13,188,617$10,287,507$9,543,151$13,050,175
50$14,500,889$10,758,628$9,829,880$14,125,613
51$15,945,975$11,251,796$10,125,176$15,301,571
52$17,537,388$11,768,058$10,429,293$16,587,954
53$19,290,020$12,308,512$10,742,493$17,995,665
54$21,220,282$12,874,308$11,065,046$19,536,704
55$23,346,254$13,466,653$11,397,228$21,224,280
56$25,687,863$14,086,809$11,739,326$23,072,936
57$28,267,065$14,736,103$12,091,634$25,098,677
58$31,108,055$15,415,922$12,454,453$27,319,128
59$34,237,496$16,127,721$12,828,096$29,753,693
60$37,684,767$16,873,026$13,212,884$32,423,734
61$41,482,243$17,653,434$13,609,146$35,352,776
62$45,665,601$18,470,622$14,017,221$38,566,722
63$50,274,155$19,326,345$14,437,461$42,094,095
64$55,351,228$20,222,445$14,870,225$45,966,308
65$60,944,559$21,160,850$15,315,883$50,217,954
66$67,106,756$22,143,584$15,774,817$54,887,129
67$73,895,791$23,172,766$16,247,420$60,015,793
68$81,375,549$24,250,618$16,734,095$65,650,158
69$89,616,427$25,379,471$17,235,260$71,841,123
70$98,696,003$26,561,765$17,751,341$78,644,751
71$108,699,764$27,800,061$18,282,780$86,122,792
72$119,721,918$29,097,041$18,830,031$94,343,267
73$131,866,277$30,455,519$19,393,560$103,381,101
74$145,247,240$31,878,444$19,973,848$113,318,828
75$159,990,877$33,368,905$20,571,390$124,247,366
76$176,236,109$34,930,145$21,186,694$136,266,870
77$194,136,029$36,565,559$21,820,286$149,487,673
78$213,859,342$38,278,709$22,472,703$164,031,322
79$235,591,959$40,073,329$23,144,502$180,031,721
80$259,538,749$41,953,333$23,836,253$197,636,388
81$285,925,479$43,922,824$24,548,545$217,007,844
82$315,000,939$45,986,103$25,281,983$238,325,137
83$347,039,295$48,147,682$26,037,190$261,785,532
84$382,342,673$50,412,289$26,814,806$287,606,363
85$421,244,015$52,784,880$27,615,491$316,027,076
86$464,110,219$55,270,654$28,439,924$347,311,488
87$511,345,604$57,875,059$29,288,805$381,750,264
88$563,395,728$60,603,809$30,162,851$419,663,656
89$620,751,589$63,462,892$31,062,804$461,404,518
90$683,954,267$66,458,590$31,989,424$507,361,630
91$753,600,028$69,597,486$32,943,495$557,963,357
92$830,345,952$72,886,485$33,925,824$613,681,681
93$914,916,141$76,332,825$34,937,241$675,036,656
94$1,008,108,549$79,944,094$35,978,600$742,601,296
95$1,110,802,517$83,728,251$37,050,779$817,006,984
96$1,223,967,078$87,693,639$38,154,684$898,949,416
97$1,348,670,098$91,849,006$39,291,245$989,195,155
98$1,486,088,366$96,203,525$40,461,419$1,088,588,863
99$1,637,518,695$100,766,814$41,666,193$1,198,061,256
100$1,804,390,172$105,548,958$42,906,580$1,318,637,881