Can I retire at age 45 with 3,100,000?

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 $3,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$255,995$253,715$251,490$249,319$247,198$239,094
2 years$126,730$124,370$122,083$119,865$117,714$109,626
3 years$83,648$81,277$78,996$76,799$74,682$66,865
4 years$62,110$59,747$57,489$55,329$53,264$45,777
5 years$49,192$46,843$44,613$42,498$40,490$33,354
6 years$40,582$38,251$36,054$33,986$32,039$25,259
7 years$34,434$32,123$29,961$27,942$26,056$19,631
8 years$29,826$27,535$25,410$23,440$21,616$15,542
9 years$26,243$23,974$21,885$19,965$18,204$12,474
10 years$23,379$21,132$19,080$17,210$15,511$10,115
11 years$21,037$18,813$16,798$14,978$13,340$8,269
12 years$19,087$16,885$14,908$13,138$11,560$6,802
13 years$17,438$15,259$13,319$11,599$10,080$5,624
14 years$16,026$13,870$11,967$10,296$8,836$4,669
15 years$14,803$12,671$10,805$9,182$7,780$3,889
16 years$13,734$11,625$9,796$8,222$6,876$3,249
17 years$12,792$10,706$8,914$7,387$6,097$2,719
18 years$11,956$9,893$8,137$6,657$5,421$2,281
19 years$11,208$9,169$7,449$6,015$4,832$1,916
20 years$10,536$8,520$6,837$5,448$4,316$1,611
21 years$9,929$7,936$6,288$4,945$3,862$1,356
22 years$9,377$7,408$5,796$4,496$3,462$1,143
23 years$8,875$6,929$5,351$4,094$3,108$964
24 years$8,415$6,492$4,949$3,734$2,793$813
25 years$7,992$6,092$4,584$3,410$2,514$687
26 years$7,603$5,726$4,251$3,118$2,264$580
27 years$7,243$5,389$3,948$2,854$2,041$490
28 years$6,909$5,078$3,670$2,615$1,842$414
29 years$6,599$4,790$3,415$2,398$1,663$350
30 years$6,310$4,524$3,181$2,201$1,503$296
31 years$6,041$4,276$2,966$2,021$1,359$251
32 years$5,788$4,046$2,767$1,858$1,229$212
33 years$5,552$3,832$2,584$1,708$1,112$179
34 years$5,329$3,632$2,414$1,572$1,007$152
35 years$5,120$3,445$2,257$1,447$912$128
36 years$4,924$3,270$2,111$1,333$826$109
37 years$4,738$3,105$1,976$1,228$749$92
38 years$4,562$2,951$1,850$1,132$679$78
39 years$4,396$2,806$1,734$1,043$616$66
40 years$4,238$2,670$1,625$962$559$56
41 years$4,089$2,542$1,524$888$507$47
42 years$3,947$2,420$1,429$819$460$40
43 years$3,812$2,306$1,341$756$417$34
44 years$3,683$2,198$1,259$698$379$29
45 years$3,561$2,096$1,182$645$344$24
46 years$3,444$2,000$1,110$596$312$21
47 years$3,333$1,908$1,043$550$283$17
48 years$3,226$1,822$980$509$257$15
49 years$3,124$1,740$921$470$234$12
50 years$3,027$1,662$866$435$212$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,100,000, adding $3,803 every year, while hoping to spend $54,130 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: 53/31/16 Blend
44$3,100,000$3,100,000$3,100,000$3,100,000
45$3,420,123$3,255,823$3,207,773$3,586,463
46$3,711,381$3,357,764$3,257,639$3,802,561
47$4,030,534$3,462,887$3,307,362$4,031,508
48$4,380,369$3,571,289$3,356,879$4,279,411
49$4,763,957$3,683,072$3,406,125$4,548,088
50$5,184,680$3,798,342$3,455,029$4,839,535
51$5,646,263$3,917,206$3,503,518$5,155,952
52$6,152,808$4,039,775$3,551,513$5,499,758
53$6,708,836$4,166,166$3,598,930$5,873,616
54$7,319,325$4,296,495$3,645,681$6,280,459
55$7,989,758$4,430,886$3,691,674$6,723,514
56$8,726,178$4,569,464$3,736,809$7,206,333
57$9,535,238$4,712,357$3,780,982$7,732,830
58$10,424,270$4,859,701$3,824,084$8,307,311
59$11,401,352$5,011,633$3,865,996$8,934,519
60$12,475,381$5,168,294$3,906,598$9,619,677
61$13,656,160$5,329,830$3,945,760$10,368,538
62$14,954,490$5,496,394$3,983,344$11,187,435
63$16,382,270$5,668,138$4,019,208$12,083,347
64$17,952,609$5,845,225$4,053,199$13,063,956
65$19,679,952$6,027,819$4,085,159$14,137,727
66$21,580,215$6,216,089$4,114,919$15,313,983
67$23,670,930$6,410,211$4,142,302$16,602,993
68$25,971,419$6,610,365$4,167,123$18,016,068
69$28,502,968$6,816,737$4,189,186$19,565,671
70$31,289,033$7,029,520$4,208,286$21,265,530
71$34,355,458$7,248,909$4,224,207$23,130,767
72$37,730,718$7,475,110$4,236,722$25,178,043
73$41,446,192$7,708,331$4,245,593$27,425,714
74$45,536,453$7,948,788$4,250,569$29,894,001
75$50,039,597$8,196,704$4,251,389$32,605,186
76$54,997,602$8,452,309$4,247,777$35,583,814
77$60,456,723$8,715,838$4,239,443$38,856,930
78$66,467,930$8,987,536$4,226,086$42,454,334
79$73,087,386$9,267,652$4,207,386$46,408,857
80$80,376,977$9,556,445$4,183,012$50,756,675
81$88,404,899$9,854,181$4,152,613$55,537,646
82$97,246,298$10,161,134$4,115,824$60,795,689
83$106,983,978$10,477,588$4,072,262$66,579,196
84$117,709,186$10,803,832$4,021,526$72,941,489
85$129,522,470$11,140,167$3,963,194$79,941,322
86$142,534,628$11,486,901$3,896,827$87,643,437
87$156,867,753$11,844,352$3,821,963$96,119,170
88$172,656,387$12,212,848$3,738,122$105,447,129
89$190,048,787$12,592,726$3,644,798$115,713,933
90$209,208,327$12,984,334$3,541,463$127,015,027
91$230,315,040$13,388,030$3,427,565$139,455,587
92$253,567,312$13,804,181$3,302,526$153,151,508
93$279,183,760$14,233,169$3,165,744$168,230,498
94$307,405,292$14,675,383$3,016,585$184,833,287
95$338,497,382$15,131,226$2,854,390$203,114,947
96$372,752,572$15,601,114$2,678,469$223,246,365
97$410,493,238$16,085,472$2,488,102$245,415,846
98$452,074,629$16,584,741$2,282,534$269,830,896
99$497,888,221$17,099,373$2,060,979$296,720,178
100$548,365,412$17,629,834$1,822,614$326,335,671