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%15%
1 years$255,995$253,715$251,490$249,319$247,198$242,108
2 years$126,730$124,370$122,083$119,865$117,714$112,609
3 years$83,648$81,277$78,996$76,799$74,682$69,722
4 years$62,110$59,747$57,489$55,329$53,264$48,486
5 years$49,192$46,843$44,613$42,498$40,490$35,908
6 years$40,582$38,251$36,054$33,986$32,039$27,658
7 years$34,434$32,123$29,961$27,942$26,056$21,877
8 years$29,826$27,535$25,410$23,440$21,616$17,638
9 years$26,243$23,974$21,885$19,965$18,204$14,423
10 years$23,379$21,132$19,080$17,210$15,511$11,924
11 years$21,037$18,813$16,798$14,978$13,340$9,943
12 years$19,087$16,885$14,908$13,138$11,560$8,348
13 years$17,438$15,259$13,319$11,599$10,080$7,048
14 years$16,026$13,870$11,967$10,296$8,836$5,977
15 years$14,803$12,671$10,805$9,182$7,780$5,088
16 years$13,734$11,625$9,796$8,222$6,876$4,345
17 years$12,792$10,706$8,914$7,387$6,097$3,720
18 years$11,956$9,893$8,137$6,657$5,421$3,193
19 years$11,208$9,169$7,449$6,015$4,832$2,745
20 years$10,536$8,520$6,837$5,448$4,316$2,363
21 years$9,929$7,936$6,288$4,945$3,862$2,038
22 years$9,377$7,408$5,796$4,496$3,462$1,759
23 years$8,875$6,929$5,351$4,094$3,108$1,520
24 years$8,415$6,492$4,949$3,734$2,793$1,315
25 years$7,992$6,092$4,584$3,410$2,514$1,138
26 years$7,603$5,726$4,251$3,118$2,264$985
27 years$7,243$5,389$3,948$2,854$2,041$854
28 years$6,909$5,078$3,670$2,615$1,842$740
29 years$6,599$4,790$3,415$2,398$1,663$642
30 years$6,310$4,524$3,181$2,201$1,503$557
31 years$6,041$4,276$2,966$2,021$1,359$483
32 years$5,788$4,046$2,767$1,858$1,229$420
33 years$5,552$3,832$2,584$1,708$1,112$364
34 years$5,329$3,632$2,414$1,572$1,007$316
35 years$5,120$3,445$2,257$1,447$912$275
36 years$4,924$3,270$2,111$1,333$826$239
37 years$4,738$3,105$1,976$1,228$749$207
38 years$4,562$2,951$1,850$1,132$679$180
39 years$4,396$2,806$1,734$1,043$616$157
40 years$4,238$2,670$1,625$962$559$136
41 years$4,089$2,542$1,524$888$507$118
42 years$3,947$2,420$1,429$819$460$103
43 years$3,812$2,306$1,341$756$417$89
44 years$3,683$2,198$1,259$698$379$78
45 years$3,561$2,096$1,182$645$344$68
46 years$3,444$2,000$1,110$596$312$59
47 years$3,333$1,908$1,043$550$283$51
48 years$3,226$1,822$980$509$257$44
49 years$3,124$1,740$921$470$234$39
50 years$3,027$1,662$866$435$212$34

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 $6,231 every year, while hoping to spend $47,252 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: 50/37/13 Blend
44$3,100,000$3,100,000$3,100,000$3,100,000
45$3,422,627$3,258,327$3,210,277$3,581,367
46$3,721,459$3,367,710$3,267,546$3,800,339
47$4,049,189$3,480,868$3,325,149$4,032,694
48$4,408,713$3,597,937$3,383,049$4,284,129
49$4,803,224$3,719,058$3,441,203$4,556,452
50$5,236,237$3,844,376$3,499,567$4,851,651
51$5,711,624$3,974,041$3,558,093$5,171,911
52$6,233,651$4,108,211$3,616,731$5,519,638
53$6,807,017$4,247,047$3,675,426$5,897,475
54$7,436,899$4,390,719$3,734,119$6,308,334
55$8,129,000$4,539,401$3,792,748$6,755,416
56$8,889,601$4,693,275$3,851,249$7,242,243
57$9,725,624$4,852,529$3,909,549$7,772,695
58$10,644,694$5,017,359$3,967,575$8,351,038
59$11,655,211$5,187,968$4,025,247$8,981,968
60$12,766,430$5,364,566$4,082,481$9,670,657
61$13,988,550$5,547,373$4,139,188$10,422,796
62$15,332,803$5,736,616$4,195,272$11,244,652
63$16,811,570$5,932,531$4,250,634$12,143,122
64$18,438,487$6,135,362$4,305,167$13,125,802
65$20,228,582$6,345,365$4,358,760$14,201,056
66$22,198,412$6,562,802$4,411,293$15,378,095
67$24,366,220$6,787,949$4,462,641$16,667,059
68$26,752,107$7,021,091$4,512,672$18,079,117
69$29,378,221$7,262,524$4,561,246$19,626,569
70$32,268,967$7,512,555$4,608,215$21,322,963
71$35,451,235$7,771,503$4,653,424$23,183,217
72$38,954,656$8,039,702$4,696,708$25,223,766
73$42,811,878$8,317,495$4,737,895$27,462,710
74$47,058,879$8,605,241$4,776,804$29,919,986
75$51,735,299$8,903,313$4,813,242$32,617,557
76$56,884,822$9,212,097$4,847,007$35,579,615
77$62,555,580$9,531,996$4,877,888$38,832,810
78$68,800,613$9,863,428$4,905,662$42,406,498
79$75,678,368$10,206,828$4,930,093$46,333,020
80$83,253,246$10,562,647$4,950,936$50,648,007
81$91,596,216$10,931,355$4,967,931$55,390,707
82$100,785,479$11,313,441$4,980,806$60,604,365
83$110,907,211$11,709,413$4,989,276$66,336,621
84$122,056,370$12,119,797$4,993,040$72,639,962
85$134,337,597$12,545,145$4,991,784$79,572,218
86$147,866,200$12,986,025$4,985,178$87,197,100
87$162,769,246$13,443,034$4,972,874$95,584,806
88$179,186,754$13,916,787$4,954,510$104,812,679
89$197,273,022$14,407,929$4,929,705$114,965,934
90$217,198,079$14,917,126$4,898,059$126,138,466
91$239,149,293$15,445,076$4,859,155$138,433,726
92$263,333,137$15,992,500$4,812,552$151,965,705
93$289,977,138$16,560,153$4,757,793$166,860,000
94$319,332,023$17,148,818$4,694,397$183,255,002
95$351,674,089$17,759,310$4,621,858$201,303,200
96$387,307,806$18,392,477$4,539,651$221,172,617
97$426,568,697$19,049,202$4,447,224$243,048,393
98$469,826,496$19,730,405$4,343,998$267,134,532
99$517,488,646$20,437,042$4,229,369$293,655,827
100$570,004,140$21,170,110$4,102,706$322,859,975