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%14.8%
1 years$297,285$294,637$292,053$289,531$287,069$281,388
2 years$147,171$144,430$141,773$139,198$136,700$131,000
3 years$97,139$94,386$91,737$89,185$86,728$81,187
4 years$72,128$69,384$66,761$64,253$61,855$56,517
5 years$57,126$54,398$51,809$49,352$47,021$41,900
6 years$47,127$44,420$41,869$39,468$37,206$32,308
7 years$39,988$37,304$34,794$32,448$30,259$25,584
8 years$34,637$31,976$29,508$27,220$25,102$20,650
9 years$30,476$27,841$25,415$23,186$21,140$16,907
10 years$27,150$24,541$22,157$19,986$18,012$13,995
11 years$24,430$21,847$19,507$17,394$15,491$11,685
12 years$22,165$19,609$17,312$15,257$13,424$9,823
13 years$20,251$17,721$15,467$13,470$11,706$8,304
14 years$18,611$16,107$13,897$11,957$10,262$7,052
15 years$17,191$14,714$12,547$10,663$9,035$6,012
16 years$15,949$13,500$11,376$9,548$7,985$5,141
17 years$14,855$12,433$10,352$8,579$7,080$4,408
18 years$13,884$11,489$9,450$7,731$6,295$3,788
19 years$13,016$10,648$8,651$6,986$5,611$3,262
20 years$12,235$9,894$7,939$6,327$5,012$2,813
21 years$11,530$9,216$7,303$5,742$4,485$2,429
22 years$10,890$8,603$6,731$5,221$4,020$2,100
23 years$10,306$8,046$6,214$4,755$3,609$1,817
24 years$9,772$7,539$5,747$4,337$3,244$1,574
25 years$9,281$7,075$5,323$3,960$2,919$1,365
26 years$8,829$6,649$4,937$3,621$2,629$1,184
27 years$8,411$6,258$4,584$3,315$2,371$1,027
28 years$8,024$5,897$4,262$3,037$2,139$892
29 years$7,664$5,563$3,966$2,785$1,931$775
30 years$7,328$5,253$3,694$2,556$1,745$673
31 years$7,015$4,966$3,444$2,347$1,578$585
32 years$6,722$4,699$3,213$2,157$1,427$509
33 years$6,447$4,450$3,000$1,984$1,292$443
34 years$6,189$4,218$2,803$1,825$1,169$385
35 years$5,946$4,000$2,621$1,680$1,059$335
36 years$5,718$3,797$2,452$1,547$960$292
37 years$5,502$3,606$2,295$1,426$870$254
38 years$5,298$3,427$2,149$1,314$789$221
39 years$5,105$3,259$2,013$1,212$715$192
40 years$4,922$3,101$1,887$1,118$649$167
41 years$4,748$2,951$1,770$1,031$588$146
42 years$4,583$2,811$1,660$952$534$127
43 years$4,427$2,678$1,558$878$485$110
44 years$4,277$2,553$1,462$811$440$96
45 years$4,135$2,434$1,373$749$399$84
46 years$3,999$2,322$1,289$692$363$73
47 years$3,870$2,216$1,211$639$329$64
48 years$3,746$2,116$1,138$591$299$55
49 years$3,628$2,020$1,070$546$272$48
50 years$3,515$1,930$1,006$505$247$42

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 $6,588 every year, while hoping to spend $23,082 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: 74/10/16 Blend
44$3,600,000$3,600,000$3,600,000$3,600,000
45$3,973,996$3,783,196$3,727,396$4,253,351
46$4,354,784$3,944,013$3,827,704$4,600,021
47$4,773,639$4,111,937$3,930,600$4,976,286
48$5,234,420$4,287,291$4,036,144$5,387,959
49$5,741,377$4,470,415$4,144,401$5,838,554
50$6,299,195$4,661,662$4,255,436$6,331,938
51$6,913,034$4,861,405$4,369,314$6,872,371
52$7,588,581$5,070,032$4,486,104$7,464,541
53$8,332,103$5,287,950$4,605,875$8,113,613
54$9,150,502$5,515,584$4,728,697$8,825,272
55$10,051,387$5,753,381$4,854,642$9,605,782
56$11,043,139$6,001,808$4,983,783$10,462,038
57$12,134,995$6,261,352$5,116,196$11,401,638
58$13,337,133$6,532,527$5,251,956$12,432,945
59$14,660,766$6,815,866$5,391,142$13,565,176
60$16,118,251$7,111,931$5,533,833$14,808,478
61$17,723,206$7,421,309$5,680,109$16,174,031
62$19,490,635$7,744,614$5,830,055$17,674,149
63$21,437,070$8,082,491$5,983,752$19,322,396
64$23,580,732$8,435,614$6,141,288$21,133,714
65$25,941,695$8,804,687$6,302,750$23,124,563
66$28,542,081$9,190,450$6,468,225$25,313,076
67$31,406,268$9,593,677$6,637,806$27,719,227
68$34,561,119$10,015,179$6,811,584$30,365,023
69$38,036,234$10,455,803$6,989,653$33,274,708
70$41,864,232$10,916,440$7,172,108$36,474,991
71$46,081,057$11,398,019$7,359,047$39,995,297
72$50,726,319$11,901,515$7,550,569$43,868,046
73$55,843,664$12,427,951$7,746,774$48,128,955
74$61,481,192$12,978,394$7,947,765$52,817,376
75$67,691,904$13,553,966$8,153,645$57,976,667
76$74,534,206$14,155,839$8,364,521$63,654,598
77$82,072,462$14,785,242$8,580,499$69,903,802
78$90,377,597$15,443,462$8,801,690$76,782,270
79$99,527,769$16,131,848$9,028,203$84,353,899
80$109,609,105$16,851,813$9,260,152$92,689,091
81$120,716,517$17,604,835$9,497,650$101,865,418
82$132,954,594$18,392,464$9,740,814$111,968,354
83$146,438,593$19,216,325$9,989,761$123,092,077
84$161,295,522$20,078,117$10,244,610$135,340,358
85$177,665,344$20,979,624$10,505,484$148,827,542
86$195,702,294$21,922,711$10,772,503$163,679,621
87$215,576,339$22,909,335$11,045,793$180,035,425
88$237,474,778$23,941,544$11,325,478$198,047,927
89$261,604,011$25,021,485$11,611,688$217,885,692
90$288,191,490$26,151,408$11,904,549$239,734,458
91$317,487,864$27,333,670$12,204,194$263,798,893
92$349,769,345$28,570,738$12,510,753$290,304,524
93$385,340,315$29,865,201$12,824,360$319,499,862
94$424,536,200$31,219,769$13,145,150$351,658,747
95$467,726,638$32,637,283$13,473,257$387,082,932
96$515,318,965$34,120,719$13,808,821$426,104,927
97$567,762,061$35,673,197$14,151,978$469,091,136
98$625,550,591$37,297,983$14,502,869$516,445,312
99$689,229,670$38,998,503$14,861,634$568,612,370
100$759,400,012$40,778,345$15,228,415$626,082,580