Can I retire at age 45 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$297,285$294,637$292,053$289,531$287,069$284,902
2 years$147,171$144,430$141,773$139,198$136,700$134,515
3 years$97,139$94,386$91,737$89,185$86,728$84,593
4 years$72,128$69,384$66,761$64,253$61,855$59,786
5 years$57,126$54,398$51,809$49,352$47,021$45,025
6 years$47,127$44,420$41,869$39,468$37,206$35,285
7 years$39,988$37,304$34,794$32,448$30,259$28,413
8 years$34,637$31,976$29,508$27,220$25,102$23,333
9 years$30,476$27,841$25,415$23,186$21,140$19,446
10 years$27,150$24,541$22,157$19,986$18,012$16,393
11 years$24,430$21,847$19,507$17,394$15,491$13,945
12 years$22,165$19,609$17,312$15,257$13,424$11,950
13 years$20,251$17,721$15,467$13,470$11,706$10,302
14 years$18,611$16,107$13,897$11,957$10,262$8,926
15 years$17,191$14,714$12,547$10,663$9,035$7,766
16 years$15,949$13,500$11,376$9,548$7,985$6,781
17 years$14,855$12,433$10,352$8,579$7,080$5,939
18 years$13,884$11,489$9,450$7,731$6,295$5,215
19 years$13,016$10,648$8,651$6,986$5,611$4,589
20 years$12,235$9,894$7,939$6,327$5,012$4,047
21 years$11,530$9,216$7,303$5,742$4,485$3,574
22 years$10,890$8,603$6,731$5,221$4,020$3,161
23 years$10,306$8,046$6,214$4,755$3,609$2,800
24 years$9,772$7,539$5,747$4,337$3,244$2,483
25 years$9,281$7,075$5,323$3,960$2,919$2,203
26 years$8,829$6,649$4,937$3,621$2,629$1,957
27 years$8,411$6,258$4,584$3,315$2,371$1,740
28 years$8,024$5,897$4,262$3,037$2,139$1,548
29 years$7,664$5,563$3,966$2,785$1,931$1,378
30 years$7,328$5,253$3,694$2,556$1,745$1,227
31 years$7,015$4,966$3,444$2,347$1,578$1,093
32 years$6,722$4,699$3,213$2,157$1,427$975
33 years$6,447$4,450$3,000$1,984$1,292$869
34 years$6,189$4,218$2,803$1,825$1,169$775
35 years$5,946$4,000$2,621$1,680$1,059$692
36 years$5,718$3,797$2,452$1,547$960$617
37 years$5,502$3,606$2,295$1,426$870$551
38 years$5,298$3,427$2,149$1,314$789$492
39 years$5,105$3,259$2,013$1,212$715$440
40 years$4,922$3,101$1,887$1,118$649$393
41 years$4,748$2,951$1,770$1,031$588$351
42 years$4,583$2,811$1,660$952$534$313
43 years$4,427$2,678$1,558$878$485$280
44 years$4,277$2,553$1,462$811$440$250
45 years$4,135$2,434$1,373$749$399$224
46 years$3,999$2,322$1,289$692$363$200
47 years$3,870$2,216$1,211$639$329$179
48 years$3,746$2,116$1,138$591$299$160
49 years$3,628$2,020$1,070$546$272$143
50 years$3,515$1,930$1,006$505$247$128

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,600,000, adding $6,931 every year, while hoping to spend $36,671 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: 29/48/23 Blend
44$3,600,000$3,600,000$3,600,000$3,600,000
45$3,974,349$3,783,549$3,727,749$4,060,885
46$4,340,715$3,929,926$3,813,611$4,274,889
47$4,743,222$4,082,245$3,901,121$4,501,094
48$5,185,516$4,240,761$3,990,294$4,743,532
49$5,671,616$4,405,736$4,081,146$5,003,624
50$6,205,950$4,577,446$4,173,694$5,282,927
51$6,793,394$4,756,178$4,267,950$5,583,147
52$7,439,323$4,942,233$4,363,928$5,906,157
53$8,149,655$5,135,924$4,461,642$6,254,010
54$8,930,915$5,337,580$4,561,102$6,628,957
55$9,790,288$5,547,541$4,662,318$7,033,471
56$10,735,692$5,766,165$4,765,301$7,470,263
57$11,775,852$5,993,826$4,870,057$7,942,312
58$12,920,379$6,230,914$4,976,594$8,452,888
59$14,179,865$6,477,835$5,084,917$9,005,582
60$15,565,978$6,735,017$5,195,029$9,604,338
61$17,091,578$7,002,903$5,306,933$10,253,491
62$18,770,833$7,281,958$5,420,629$10,957,802
63$20,619,352$7,572,669$5,536,114$11,722,504
64$22,654,338$7,875,541$5,653,386$12,553,350
65$24,894,744$8,191,107$5,772,439$13,456,663
66$27,361,457$8,519,920$5,893,264$14,439,394
67$30,077,489$8,862,559$6,015,851$15,509,188
68$33,068,198$9,219,631$6,140,188$16,674,451
69$36,361,529$9,591,767$6,266,259$17,944,427
70$39,988,271$9,979,629$6,394,045$19,329,285
71$43,982,353$10,383,910$6,523,524$20,840,213
72$48,381,164$10,805,332$6,654,672$22,489,515
73$53,225,900$11,244,650$6,787,461$24,290,734
74$58,561,959$11,702,656$6,921,859$26,258,766
75$64,439,368$12,180,175$7,057,830$28,410,008
76$70,913,251$12,678,071$7,195,335$30,762,502
77$78,044,354$13,197,248$7,334,330$33,336,105
78$85,899,615$13,738,650$7,474,767$36,152,674
79$94,552,797$14,303,265$7,616,592$39,236,267
80$104,085,183$14,892,125$7,759,749$42,613,367
81$114,586,344$15,506,312$7,904,173$46,313,128
82$126,154,985$16,146,955$8,049,797$50,367,648
83$138,899,873$16,815,236$8,196,545$54,812,263
84$152,940,868$17,512,391$8,344,337$59,685,882
85$168,410,051$18,239,712$8,493,086$65,031,345
86$185,452,970$18,998,552$8,642,699$70,895,827
87$204,230,018$19,790,326$8,793,074$77,331,273
88$224,917,941$20,616,513$8,944,103$84,394,888
89$247,711,511$21,478,662$9,095,671$92,149,670
90$272,825,361$22,378,392$9,247,651$100,664,996
91$300,496,013$23,317,399$9,399,913$110,017,277
92$330,984,109$24,297,454$9,552,313$120,290,669
93$364,576,872$25,320,413$9,704,699$131,577,859
94$401,590,817$26,388,218$9,856,911$143,980,939
95$442,374,738$27,502,898$10,008,776$157,612,358
96$487,313,002$28,666,581$10,160,110$172,595,980
97$536,829,174$29,881,489$10,310,719$189,068,242
98$591,390,018$31,149,950$10,460,396$207,179,435
99$651,509,902$32,474,400$10,608,922$227,095,115
100$717,755,655$33,857,389$10,756,064$248,997,658