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

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$297,285$294,637$292,053$289,531$287,069$285,619
2 years$147,171$144,430$141,773$139,198$136,700$135,236
3 years$97,139$94,386$91,737$89,185$86,728$85,297
4 years$72,128$69,384$66,761$64,253$61,855$60,467
5 years$57,126$54,398$51,809$49,352$47,021$45,680
6 years$47,127$44,420$41,869$39,468$37,206$35,914
7 years$39,988$37,304$34,794$32,448$30,259$29,016
8 years$34,637$31,976$29,508$27,220$25,102$23,909
9 years$30,476$27,841$25,415$23,186$21,140$19,996
10 years$27,150$24,541$22,157$19,986$18,012$16,917
11 years$24,430$21,847$19,507$17,394$15,491$14,444
12 years$22,165$19,609$17,312$15,257$13,424$12,424
13 years$20,251$17,721$15,467$13,470$11,706$10,752
14 years$18,611$16,107$13,897$11,957$10,262$9,352
15 years$17,191$14,714$12,547$10,663$9,035$8,170
16 years$15,949$13,500$11,376$9,548$7,985$7,163
17 years$14,855$12,433$10,352$8,579$7,080$6,299
18 years$13,884$11,489$9,450$7,731$6,295$5,555
19 years$13,016$10,648$8,651$6,986$5,611$4,909
20 years$12,235$9,894$7,939$6,327$5,012$4,348
21 years$11,530$9,216$7,303$5,742$4,485$3,857
22 years$10,890$8,603$6,731$5,221$4,020$3,427
23 years$10,306$8,046$6,214$4,755$3,609$3,049
24 years$9,772$7,539$5,747$4,337$3,244$2,716
25 years$9,281$7,075$5,323$3,960$2,919$2,421
26 years$8,829$6,649$4,937$3,621$2,629$2,161
27 years$8,411$6,258$4,584$3,315$2,371$1,930
28 years$8,024$5,897$4,262$3,037$2,139$1,725
29 years$7,664$5,563$3,966$2,785$1,931$1,543
30 years$7,328$5,253$3,694$2,556$1,745$1,381
31 years$7,015$4,966$3,444$2,347$1,578$1,237
32 years$6,722$4,699$3,213$2,157$1,427$1,108
33 years$6,447$4,450$3,000$1,984$1,292$993
34 years$6,189$4,218$2,803$1,825$1,169$890
35 years$5,946$4,000$2,621$1,680$1,059$798
36 years$5,718$3,797$2,452$1,547$960$716
37 years$5,502$3,606$2,295$1,426$870$642
38 years$5,298$3,427$2,149$1,314$789$576
39 years$5,105$3,259$2,013$1,212$715$517
40 years$4,922$3,101$1,887$1,118$649$465
41 years$4,748$2,951$1,770$1,031$588$417
42 years$4,583$2,811$1,660$952$534$375
43 years$4,427$2,678$1,558$878$485$337
44 years$4,277$2,553$1,462$811$440$302
45 years$4,135$2,434$1,373$749$399$272
46 years$3,999$2,322$1,289$692$363$244
47 years$3,870$2,216$1,211$639$329$219
48 years$3,746$2,116$1,138$591$299$197
49 years$3,628$2,020$1,070$546$272$177
50 years$3,515$1,930$1,006$505$247$159

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 $5,793 every year, while hoping to spend $39,584 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: 56/27/17 Blend
44$3,600,000$3,600,000$3,600,000$3,600,000
45$3,973,175$3,782,375$3,726,575$4,177,495
46$4,336,322$3,925,595$3,809,299$4,460,355
47$4,735,183$4,074,505$3,893,466$4,763,565
48$5,173,360$4,229,344$3,979,085$5,092,974
49$5,654,819$4,390,358$4,066,161$5,451,102
50$6,183,930$4,557,805$4,154,697$5,840,720
51$6,765,510$4,731,956$4,244,698$6,264,875
52$7,404,861$4,913,091$4,336,164$6,726,922
53$8,107,827$5,101,503$4,429,097$7,230,551
54$8,880,848$5,297,500$4,523,494$7,779,820
55$9,731,017$5,501,399$4,619,353$8,379,198
56$10,666,149$5,713,536$4,716,670$9,033,602
57$11,694,856$5,934,259$4,815,438$9,748,443
58$12,826,624$6,163,931$4,915,649$10,529,678
59$14,071,909$6,402,932$5,017,291$11,383,865
60$15,442,226$6,651,659$5,120,353$12,318,221
61$16,950,268$6,910,525$5,224,820$13,340,692
62$18,610,018$7,179,963$5,330,674$14,460,028
63$20,436,883$7,460,424$5,437,895$15,685,862
64$22,447,840$7,752,381$5,546,460$17,028,801
65$24,661,597$8,056,324$5,656,343$18,500,522
66$27,098,765$8,372,770$5,767,516$20,113,889
67$29,782,058$8,702,254$5,879,946$21,883,063
68$32,736,502$9,045,338$5,993,598$23,823,643
69$35,989,674$9,402,609$6,108,433$25,952,806
70$39,571,962$9,774,678$6,224,407$28,289,471
71$43,516,851$10,162,186$6,341,474$30,854,475
72$47,861,238$10,565,802$6,459,581$33,670,769
73$52,645,781$10,986,223$6,578,674$36,763,632
74$57,915,283$11,424,179$6,698,691$40,160,909
75$63,719,112$11,880,434$6,819,567$43,893,270
76$70,111,670$12,355,784$6,941,232$47,994,503
77$77,152,905$12,851,063$7,063,608$52,501,825
78$84,908,877$13,367,140$7,186,614$57,456,234
79$93,452,378$13,904,925$7,310,161$62,902,895
80$102,863,625$14,465,371$7,434,156$68,891,565
81$113,231,010$15,049,470$7,558,496$75,477,055
82$124,651,941$15,658,261$7,683,073$82,719,754
83$137,233,754$16,292,832$7,807,772$90,686,190
84$151,094,733$16,954,317$7,932,468$99,449,656
85$166,365,221$17,643,903$8,057,031$109,090,903
86$183,188,851$18,362,832$8,181,319$119,698,900
87$201,723,905$19,112,401$8,305,184$131,371,664
88$222,144,803$19,893,968$8,428,467$144,217,191
89$244,643,751$20,708,951$8,550,999$158,354,469
90$269,432,558$21,558,834$8,672,601$173,914,598
91$296,744,630$22,445,168$8,793,085$191,042,023
92$326,837,177$23,369,576$8,912,248$209,895,900
93$359,993,638$24,333,755$9,029,877$230,651,586
94$396,526,359$25,339,479$9,145,748$253,502,302
95$436,779,539$26,388,604$9,259,622$278,660,942
96$481,132,479$27,483,073$9,371,247$306,362,088
97$530,003,164$28,624,916$9,480,356$336,864,215
98$583,852,207$29,816,257$9,586,668$370,452,129
99$643,187,197$31,059,318$9,689,886$407,439,651
100$708,567,491$32,356,425$9,789,697$448,172,576