Can I retire at age 45 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$272,511$270,084$267,715$265,404$263,147$260,942
2 years$134,906$132,394$129,959$127,598$125,308$123,086
3 years$89,044$86,521$84,092$81,753$79,500$77,330
4 years$66,118$63,602$61,197$58,899$56,700$54,598
5 years$52,365$49,865$47,492$45,240$43,103$41,075
6 years$43,200$40,718$38,380$36,179$34,106$32,155
7 years$36,656$34,195$31,894$29,744$27,737$25,864
8 years$31,750$29,312$27,049$24,952$23,011$21,215
9 years$27,937$25,521$23,297$21,253$19,378$17,660
10 years$24,887$22,496$20,311$18,321$16,511$14,870
11 years$22,394$20,026$17,881$15,944$14,200$12,634
12 years$20,318$17,975$15,869$13,985$12,306$10,813
13 years$18,563$16,244$14,178$12,347$10,731$9,310
14 years$17,060$14,765$12,739$10,960$9,406$8,056
15 years$15,758$13,488$11,502$9,775$8,282$7,000
16 years$14,620$12,375$10,428$8,752$7,320$6,103
17 years$13,617$11,397$9,489$7,864$6,490$5,338
18 years$12,727$10,531$8,662$7,087$5,771$4,681
19 years$11,931$9,760$7,930$6,404$5,144$4,113
20 years$11,216$9,070$7,278$5,800$4,594$3,622
21 years$10,569$8,448$6,694$5,264$4,112$3,194
22 years$9,982$7,886$6,170$4,786$3,685$2,821
23 years$9,447$7,376$5,697$4,359$3,308$2,495
24 years$8,958$6,911$5,268$3,975$2,973$2,208
25 years$8,508$6,485$4,880$3,630$2,676$1,957
26 years$8,093$6,095$4,526$3,319$2,410$1,736
27 years$7,710$5,736$4,202$3,038$2,173$1,541
28 years$7,355$5,405$3,907$2,784$1,961$1,368
29 years$7,025$5,099$3,635$2,553$1,770$1,216
30 years$6,717$4,816$3,386$2,343$1,600$1,081
31 years$6,430$4,552$3,157$2,152$1,446$962
32 years$6,162$4,307$2,945$1,977$1,308$856
33 years$5,910$4,079$2,750$1,818$1,184$762
34 years$5,673$3,866$2,570$1,673$1,072$679
35 years$5,451$3,667$2,402$1,540$971$605
36 years$5,241$3,481$2,247$1,418$880$539
37 years$5,043$3,306$2,104$1,307$797$480
38 years$4,856$3,142$1,970$1,205$723$428
39 years$4,679$2,987$1,846$1,111$655$381
40 years$4,512$2,842$1,730$1,025$595$340
41 years$4,353$2,706$1,622$945$539$303
42 years$4,201$2,577$1,522$872$489$271
43 years$4,058$2,455$1,428$805$444$241
44 years$3,921$2,340$1,340$744$403$215
45 years$3,791$2,232$1,258$687$366$192
46 years$3,666$2,129$1,182$634$332$171
47 years$3,548$2,032$1,110$586$302$153
48 years$3,434$1,939$1,043$541$274$137
49 years$3,326$1,852$981$500$249$122
50 years$3,222$1,769$922$463$226$109

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,300,000, adding $5,040 every year, while hoping to spend $22,653 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: 36/37/27 Blend
44$3,300,000$3,300,000$3,300,000$3,300,000
45$3,641,799$3,466,899$3,415,749$3,743,197
46$3,989,160$3,612,674$3,506,074$3,964,659
47$4,371,192$3,764,833$3,598,665$4,201,162
48$4,791,409$3,923,665$3,693,576$4,456,052
49$5,253,680$4,089,472$3,790,858$4,730,997
50$5,762,269$4,262,570$3,890,565$5,027,825
51$6,321,875$4,443,290$3,992,754$5,348,545
52$6,937,674$4,631,979$4,097,479$5,695,360
53$7,615,370$4,829,000$4,204,798$6,070,690
54$8,361,247$5,034,731$4,314,768$6,477,192
55$9,182,231$5,249,569$4,427,450$6,917,784
56$10,085,952$5,473,932$4,542,903$7,395,670
57$11,080,817$5,708,252$4,661,188$7,914,373
58$12,176,091$5,952,987$4,782,368$8,477,762
59$13,381,981$6,208,612$4,906,506$9,090,088
60$14,709,735$6,475,626$5,033,666$9,756,027
61$16,171,748$6,754,552$5,163,914$10,480,717
62$17,781,678$7,045,936$5,297,316$11,269,805
63$19,554,573$7,350,351$5,433,940$12,129,505
64$21,507,017$7,668,396$5,573,855$13,066,646
65$23,657,284$8,000,698$5,717,131$14,088,742
66$26,025,509$8,347,915$5,863,837$15,204,054
67$28,633,882$8,710,733$6,014,046$16,421,674
68$31,506,852$9,089,874$6,167,831$17,751,600
69$34,671,364$9,486,090$6,325,265$19,204,836
70$38,157,106$9,900,171$6,486,425$20,793,487
71$41,996,795$10,332,944$6,651,385$22,530,874
72$46,226,484$10,785,275$6,820,222$24,431,658
73$50,885,901$11,258,069$6,993,015$26,511,973
74$56,018,825$11,752,276$7,169,843$28,789,578
75$61,673,497$12,268,889$7,350,785$31,284,019
76$67,903,080$12,808,951$7,535,922$34,016,814
77$74,766,155$13,373,550$7,725,336$37,011,649
78$82,327,277$13,963,829$7,919,110$40,294,601
79$90,657,587$14,580,984$8,117,327$43,894,380
80$99,835,474$15,226,266$8,320,072$47,842,595
81$109,947,328$15,900,988$8,527,429$52,174,050
82$121,088,342$16,606,523$8,739,484$56,927,069
83$133,363,420$17,344,310$8,956,325$62,143,853
84$146,888,165$18,115,857$9,178,038$67,870,871
85$161,789,967$18,922,743$9,404,711$74,159,300
86$178,209,207$19,766,621$9,636,432$81,065,498
87$196,300,585$20,649,225$9,873,291$88,651,537
88$216,234,576$21,572,368$10,115,378$96,985,775
89$238,199,040$22,537,952$10,362,781$106,143,505
90$262,400,999$23,547,968$10,615,591$116,207,653
91$289,068,586$24,604,504$10,873,898$127,269,560
92$318,453,202$25,709,744$11,137,793$139,429,836
93$350,831,886$26,865,979$11,407,367$152,799,303
94$386,509,934$28,075,608$11,682,710$167,500,033
95$425,823,779$29,341,144$11,963,912$183,666,497
96$469,144,166$30,665,222$12,251,065$201,446,825
97$516,879,653$32,050,600$12,544,257$221,004,197
98$569,480,467$33,500,168$12,843,579$242,518,373
99$627,442,755$35,016,957$13,149,120$266,187,387
100$691,313,268$36,604,140$13,460,968$292,229,400