Can I retire at age 45 with 3,200,000?

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 $3,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$264,253$261,899$259,603$257,361$255,172$246,021
2 years$130,818$128,382$126,021$123,731$121,511$112,390
3 years$86,346$83,899$81,544$79,276$77,091$68,288
4 years$64,114$61,675$59,343$57,114$54,982$46,563
5 years$50,778$48,354$46,053$43,869$41,797$33,784
6 years$41,891$39,484$37,217$35,082$33,072$25,472
7 years$35,545$33,159$30,928$28,843$26,897$19,707
8 years$30,788$28,423$26,229$24,196$22,313$15,528
9 years$27,090$24,748$22,591$20,609$18,791$12,402
10 years$24,133$21,814$19,696$17,766$16,011$10,006
11 years$21,716$19,420$17,340$15,461$13,770$8,137
12 years$19,703$17,430$15,388$13,562$11,933$6,658
13 years$18,000$15,752$13,749$11,973$10,406$5,475
14 years$16,543$14,318$12,353$10,628$9,121$4,520
15 years$15,281$13,080$11,153$9,478$8,031$3,744
16 years$14,177$12,000$10,112$8,487$7,098$3,109
17 years$13,205$11,052$9,202$7,625$6,294$2,587
18 years$12,341$10,212$8,400$6,872$5,596$2,157
19 years$11,569$9,465$7,690$6,210$4,988$1,801
20 years$10,876$8,795$7,057$5,624$4,455$1,505
21 years$10,249$8,192$6,491$5,104$3,987$1,260
22 years$9,680$7,647$5,983$4,641$3,574$1,055
23 years$9,161$7,152$5,524$4,226$3,208$884
24 years$8,686$6,701$5,109$3,855$2,883$741
25 years$8,250$6,289$4,732$3,520$2,595$622
26 years$7,848$5,910$4,388$3,219$2,337$522
27 years$7,477$5,562$4,075$2,946$2,107$438
28 years$7,132$5,241$3,788$2,699$1,901$368
29 years$6,812$4,945$3,525$2,475$1,717$309
30 years$6,514$4,670$3,284$2,272$1,551$260
31 years$6,235$4,414$3,061$2,087$1,402$218
32 years$5,975$4,177$2,856$1,918$1,269$183
33 years$5,731$3,956$2,667$1,763$1,148$154
34 years$5,501$3,749$2,492$1,622$1,039$130
35 years$5,286$3,556$2,330$1,494$942$109
36 years$5,082$3,375$2,179$1,376$853$92
37 years$4,890$3,206$2,040$1,267$773$77
38 years$4,709$3,046$1,910$1,168$701$65
39 years$4,538$2,897$1,790$1,077$636$54
40 years$4,375$2,756$1,677$993$577$46
41 years$4,221$2,624$1,573$917$523$38
42 years$4,074$2,499$1,475$846$475$32
43 years$3,935$2,381$1,384$781$431$27
44 years$3,802$2,269$1,300$721$391$23
45 years$3,676$2,164$1,220$666$355$19
46 years$3,555$2,064$1,146$615$322$16
47 years$3,440$1,970$1,077$568$293$14
48 years$3,330$1,881$1,012$525$266$11
49 years$3,225$1,796$951$485$241$10
50 years$3,124$1,715$894$449$219$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,200,000, adding $3,906 every year, while hoping to spend $20,257 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: 42/33/25 Blend
44$3,200,000$3,200,000$3,200,000$3,200,000
45$3,530,429$3,360,829$3,311,229$3,652,709
46$3,868,980$3,503,956$3,400,602$3,883,766
47$4,241,383$3,653,418$3,492,290$4,131,604
48$4,651,072$3,809,503$3,586,349$4,399,606
49$5,101,826$3,972,514$3,682,837$4,689,641
50$5,597,812$4,142,767$3,781,812$5,003,763
51$6,143,621$4,320,594$3,883,334$5,344,226
52$6,744,308$4,506,341$3,987,464$5,713,506
53$7,405,449$4,700,373$4,094,265$6,114,326
54$8,133,182$4,903,068$4,203,800$6,549,675
55$8,934,273$5,114,826$4,316,134$7,022,840
56$9,816,179$5,336,062$4,431,334$7,537,431
57$10,787,113$5,567,213$4,549,468$8,097,421
58$11,856,127$5,808,735$4,670,604$8,707,174
59$13,033,196$6,061,107$4,794,813$9,371,491
60$14,329,309$6,324,829$4,922,167$10,095,650
61$15,756,579$6,600,425$5,052,739$10,885,458
62$17,328,348$6,888,444$5,186,604$11,747,300
63$19,059,323$7,189,461$5,323,839$12,688,201
64$20,965,707$7,504,078$5,464,521$13,715,888
65$23,065,356$7,832,924$5,608,729$14,838,866
66$25,377,945$8,176,660$5,756,544$16,066,490
67$27,925,156$8,535,977$5,908,048$17,409,056
68$30,730,880$8,911,598$6,063,326$18,877,894
69$33,821,444$9,304,281$6,222,462$20,485,473
70$37,225,861$9,714,820$6,385,544$22,245,519
71$40,976,099$10,144,047$6,552,660$24,173,139
72$45,107,387$10,592,831$6,723,900$26,284,964
73$49,658,546$11,062,085$6,899,356$28,599,300
74$54,672,354$11,552,764$7,079,121$31,136,302
75$60,195,953$12,065,868$7,263,291$33,918,159
76$66,281,290$12,602,446$7,451,961$36,969,304
77$72,985,610$13,163,594$7,645,230$40,316,636
78$80,371,995$13,750,463$7,843,198$43,989,777
79$88,509,960$14,364,257$8,045,966$48,021,343
80$97,476,107$15,006,237$8,253,638$52,447,253
81$107,354,853$15,677,726$8,466,318$57,307,064
82$118,239,221$16,380,107$8,684,112$62,644,336
83$130,231,721$17,114,831$8,907,129$68,507,046
84$143,445,317$17,883,418$9,135,478$74,948,032
85$158,004,493$18,687,460$9,369,271$82,025,491
86$174,046,430$19,528,624$9,608,620$89,803,522
87$191,722,296$20,408,657$9,853,639$98,352,726
88$211,198,680$21,329,391$10,104,446$107,750,871
89$232,659,157$22,292,743$10,361,156$118,083,618
90$256,306,027$23,300,723$10,623,891$129,445,325
91$282,362,219$24,355,436$10,892,769$141,939,934
92$311,073,402$25,459,089$11,167,914$155,681,945
93$342,710,299$26,613,994$11,449,448$170,797,491
94$377,571,242$27,822,572$11,737,497$187,425,525
95$415,984,993$29,087,363$12,032,187$205,719,121
96$458,313,843$30,411,024$12,333,647$225,846,917
97$504,957,035$31,796,344$12,642,004$247,994,696
98$556,354,530$33,246,243$12,957,389$272,367,134
99$612,991,165$34,763,782$13,279,934$299,189,727
100$675,401,223$36,352,166$13,609,771$328,710,908