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

Use the below retirement simulation to view the chances of a successful retirement.
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%11%
1 years$255,995$253,715$251,490$249,319$247,198$246,157
2 years$126,730$124,370$122,083$119,865$117,714$116,662
3 years$83,648$81,277$78,996$76,799$74,682$73,653
4 years$62,110$59,747$57,489$55,329$53,264$52,266
5 years$49,192$46,843$44,613$42,498$40,490$39,525
6 years$40,582$38,251$36,054$33,986$32,039$31,108
7 years$34,434$32,123$29,961$27,942$26,056$25,161
8 years$29,826$27,535$25,410$23,440$21,616$20,756
9 years$26,243$23,974$21,885$19,965$18,204$17,379
10 years$23,379$21,132$19,080$17,210$15,511$14,721
11 years$21,037$18,813$16,798$14,978$13,340$12,584
12 years$19,087$16,885$14,908$13,138$11,560$10,838
13 years$17,438$15,259$13,319$11,599$10,080$9,391
14 years$16,026$13,870$11,967$10,296$8,836$8,179
15 years$14,803$12,671$10,805$9,182$7,780$7,155
16 years$13,734$11,625$9,796$8,222$6,876$6,281
17 years$12,792$10,706$8,914$7,387$6,097$5,532
18 years$11,956$9,893$8,137$6,657$5,421$4,884
19 years$11,208$9,169$7,449$6,015$4,832$4,323
20 years$10,536$8,520$6,837$5,448$4,316$3,834
21 years$9,929$7,936$6,288$4,945$3,862$3,406
22 years$9,377$7,408$5,796$4,496$3,462$3,031
23 years$8,875$6,929$5,351$4,094$3,108$2,701
24 years$8,415$6,492$4,949$3,734$2,793$2,409
25 years$7,992$6,092$4,584$3,410$2,514$2,151
26 years$7,603$5,726$4,251$3,118$2,264$1,923
27 years$7,243$5,389$3,948$2,854$2,041$1,720
28 years$6,909$5,078$3,670$2,615$1,842$1,540
29 years$6,599$4,790$3,415$2,398$1,663$1,380
30 years$6,310$4,524$3,181$2,201$1,503$1,237
31 years$6,041$4,276$2,966$2,021$1,359$1,109
32 years$5,788$4,046$2,767$1,858$1,229$995
33 years$5,552$3,832$2,584$1,708$1,112$893
34 years$5,329$3,632$2,414$1,572$1,007$802
35 years$5,120$3,445$2,257$1,447$912$721
36 years$4,924$3,270$2,111$1,333$826$648
37 years$4,738$3,105$1,976$1,228$749$582
38 years$4,562$2,951$1,850$1,132$679$523
39 years$4,396$2,806$1,734$1,043$616$470
40 years$4,238$2,670$1,625$962$559$423
41 years$4,089$2,542$1,524$888$507$381
42 years$3,947$2,420$1,429$819$460$342
43 years$3,812$2,306$1,341$756$417$308
44 years$3,683$2,198$1,259$698$379$277
45 years$3,561$2,096$1,182$645$344$249
46 years$3,444$2,000$1,110$596$312$225
47 years$3,333$1,908$1,043$550$283$202
48 years$3,226$1,822$980$509$257$182
49 years$3,124$1,740$921$470$234$164
50 years$3,027$1,662$866$435$212$148

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 $2,053 every year, while hoping to spend $22,427 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: 76/6/18 Blend
44$3,100,000$3,100,000$3,100,000$3,100,000
45$3,418,318$3,254,018$3,205,968$3,663,940
46$3,743,124$3,389,602$3,289,505$3,962,293
47$4,100,309$3,531,079$3,375,090$4,286,334
48$4,493,151$3,678,713$3,462,766$4,641,016
49$4,925,264$3,832,781$3,552,580$5,029,394
50$5,400,627$3,993,573$3,644,578$5,454,826
51$5,923,626$4,161,394$3,738,806$5,921,013
52$6,499,093$4,336,559$3,835,314$6,432,033
53$7,132,353$4,519,403$3,934,149$6,992,373
54$7,829,271$4,710,272$4,035,361$7,606,979
55$8,596,311$4,909,530$4,139,000$8,281,295
56$9,440,596$5,117,558$4,245,118$9,021,321
57$10,369,973$5,334,754$4,353,766$9,833,663
58$11,393,089$5,561,536$4,464,996$10,725,601
59$12,519,473$5,798,340$4,578,862$11,705,151
60$13,759,622$6,045,622$4,695,417$12,781,145
61$15,125,107$6,303,861$4,814,717$13,963,313
62$16,628,674$6,573,556$4,936,816$15,262,373
63$18,284,371$6,855,232$5,061,771$16,690,132
64$20,107,674$7,149,436$5,189,638$18,259,600
65$22,115,642$7,456,743$5,320,475$19,985,108
66$24,327,067$7,777,753$5,454,341$21,882,445
67$26,762,659$8,113,095$5,591,293$23,969,007
68$29,445,241$8,463,427$5,731,392$26,263,960
69$32,399,958$8,829,438$5,874,696$28,788,419
70$35,654,523$9,211,849$6,021,268$31,565,651
71$39,239,471$9,611,417$6,171,167$34,621,288
72$43,188,452$10,028,931$6,324,456$37,983,574
73$47,538,545$10,465,219$6,481,196$41,683,628
74$52,330,611$10,921,150$6,641,451$45,755,738
75$57,609,677$11,397,630$6,805,283$50,237,684
76$63,425,360$11,895,609$6,972,755$55,171,092
77$69,832,336$12,416,084$7,143,932$60,601,830
78$76,890,858$12,960,096$7,318,878$66,580,439
79$84,667,322$13,528,736$7,497,656$73,162,606
80$93,234,893$14,123,149$7,680,332$80,409,695
81$102,674,199$14,744,529$7,866,970$88,389,319
82$113,074,088$15,394,132$8,057,634$97,175,982
83$124,532,471$16,073,270$8,252,391$106,851,780
84$137,157,240$16,783,318$8,451,303$117,507,176
85$151,067,293$17,525,715$8,654,436$129,241,851
86$166,393,652$18,301,971$8,861,855$142,165,645
87$183,280,701$19,113,664$9,073,624$156,399,594
88$201,887,548$19,962,449$9,289,806$172,077,071
89$222,389,529$20,850,059$9,510,465$189,345,044
90$244,979,859$21,778,310$9,735,663$208,365,462
91$269,871,460$22,749,103$9,965,464$229,316,782
92$297,298,970$23,764,430$10,199,928$252,395,655
93$327,520,956$24,826,378$10,439,116$277,818,778
94$360,822,355$25,937,132$10,683,088$305,824,942
95$397,517,166$27,098,982$10,931,903$336,677,282
96$437,951,412$28,314,328$11,185,616$370,665,761
97$482,506,407$29,585,681$11,444,286$408,109,906
98$531,602,356$30,915,675$11,707,965$449,361,824
99$585,702,322$32,307,068$11,976,707$494,809,521
100$645,316,594$33,762,750$12,250,562$544,880,569