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%12.4%
1 years$297,285$294,637$292,053$289,531$287,069$284,189
2 years$147,171$144,430$141,773$139,198$136,700$133,799
3 years$97,139$94,386$91,737$89,185$86,728$83,897
4 years$72,128$69,384$66,761$64,253$61,855$59,115
5 years$57,126$54,398$51,809$49,352$47,021$44,380
6 years$47,127$44,420$41,869$39,468$37,206$34,668
7 years$39,988$37,304$34,794$32,448$30,259$27,823
8 years$34,637$31,976$29,508$27,220$25,102$22,770
9 years$30,476$27,841$25,415$23,186$21,140$18,910
10 years$27,150$24,541$22,157$19,986$18,012$15,884
11 years$24,430$21,847$19,507$17,394$15,491$13,462
12 years$22,165$19,609$17,312$15,257$13,424$11,493
13 years$20,251$17,721$15,467$13,470$11,706$9,870
14 years$18,611$16,107$13,897$11,957$10,262$8,518
15 years$17,191$14,714$12,547$10,663$9,035$7,381
16 years$15,949$13,500$11,376$9,548$7,985$6,419
17 years$14,855$12,433$10,352$8,579$7,080$5,598
18 years$13,884$11,489$9,450$7,731$6,295$4,895
19 years$13,016$10,648$8,651$6,986$5,611$4,289
20 years$12,235$9,894$7,939$6,327$5,012$3,765
21 years$11,530$9,216$7,303$5,742$4,485$3,311
22 years$10,890$8,603$6,731$5,221$4,020$2,915
23 years$10,306$8,046$6,214$4,755$3,609$2,570
24 years$9,772$7,539$5,747$4,337$3,244$2,268
25 years$9,281$7,075$5,323$3,960$2,919$2,004
26 years$8,829$6,649$4,937$3,621$2,629$1,772
27 years$8,411$6,258$4,584$3,315$2,371$1,568
28 years$8,024$5,897$4,262$3,037$2,139$1,388
29 years$7,664$5,563$3,966$2,785$1,931$1,229
30 years$7,328$5,253$3,694$2,556$1,745$1,090
31 years$7,015$4,966$3,444$2,347$1,578$966
32 years$6,722$4,699$3,213$2,157$1,427$857
33 years$6,447$4,450$3,000$1,984$1,292$760
34 years$6,189$4,218$2,803$1,825$1,169$675
35 years$5,946$4,000$2,621$1,680$1,059$599
36 years$5,718$3,797$2,452$1,547$960$532
37 years$5,502$3,606$2,295$1,426$870$473
38 years$5,298$3,427$2,149$1,314$789$420
39 years$5,105$3,259$2,013$1,212$715$373
40 years$4,922$3,101$1,887$1,118$649$331
41 years$4,748$2,951$1,770$1,031$588$295
42 years$4,583$2,811$1,660$952$534$262
43 years$4,427$2,678$1,558$878$485$233
44 years$4,277$2,553$1,462$811$440$207
45 years$4,135$2,434$1,373$749$399$184
46 years$3,999$2,322$1,289$692$363$164
47 years$3,870$2,216$1,211$639$329$145
48 years$3,746$2,116$1,138$591$299$129
49 years$3,628$2,020$1,070$546$272$115
50 years$3,515$1,930$1,006$505$247$102

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 $6,470 every year, while hoping to spend $51,067 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: 60/23/17 Blend
44$3,600,000$3,600,000$3,600,000$3,600,000
45$3,973,874$3,783,074$3,727,274$4,194,609
46$4,324,874$3,914,110$3,797,803$4,475,466
47$4,709,965$4,049,854$3,868,983$4,775,479
48$5,132,569$4,190,485$3,940,782$5,101,588
49$5,596,458$4,336,186$4,013,165$5,456,324
50$6,105,786$4,487,148$4,086,094$5,842,474
51$6,665,127$4,643,569$4,159,529$6,263,104
52$7,279,522$4,805,656$4,233,426$6,721,588
53$7,954,524$4,973,624$4,307,737$7,221,642
54$8,696,250$5,147,696$4,382,410$7,767,355
55$9,511,438$5,328,104$4,457,391$8,363,230
56$10,407,512$5,515,089$4,532,622$9,014,223
57$11,392,653$5,708,902$4,608,039$9,725,792
58$12,475,870$5,909,805$4,683,575$10,503,947
59$13,667,092$6,118,069$4,759,158$11,355,304
60$14,977,258$6,333,977$4,834,712$12,287,152
61$16,418,418$6,557,821$4,910,155$13,307,516
62$18,003,851$6,789,909$4,985,399$14,425,233
63$19,748,187$7,030,558$5,060,353$15,650,038
64$21,667,546$7,280,099$5,134,919$16,992,652
65$23,779,688$7,538,876$5,208,991$18,464,884
66$26,104,183$7,807,248$5,282,459$20,079,739
67$28,662,594$8,085,587$5,355,206$21,851,545
68$31,478,680$8,374,283$5,427,107$23,796,084
69$34,578,621$8,673,738$5,498,030$25,930,740
70$37,991,262$8,984,374$5,567,837$28,274,664
71$41,748,391$9,306,627$5,636,379$30,848,952
72$45,885,030$9,640,956$5,703,501$33,676,844
73$50,439,773$9,987,832$5,769,038$36,783,945
74$55,455,145$10,347,752$5,832,816$40,198,462
75$60,978,007$10,721,228$5,894,653$43,951,470
76$67,059,994$11,108,798$5,954,353$48,077,206
77$73,758,003$11,511,019$6,011,714$52,613,391
78$81,134,732$11,928,472$6,066,520$57,601,583
79$89,259,271$12,361,764$6,118,544$63,087,569
80$98,207,750$12,811,523$6,167,548$69,121,799
81$108,064,060$13,278,408$6,213,281$75,759,856
82$118,920,647$13,763,102$6,255,478$83,062,983
83$130,879,378$14,266,319$6,293,862$91,098,659
84$144,052,507$14,788,802$6,328,139$99,941,236
85$158,563,734$15,331,324$6,358,003$109,672,635
86$174,549,369$15,894,693$6,383,130$120,383,124
87$192,159,621$16,479,749$6,403,181$132,172,164
88$211,560,014$17,087,369$6,417,800$145,149,350
89$232,932,951$17,718,465$6,426,612$159,435,442
90$256,479,433$18,373,991$6,429,224$175,163,501
91$282,420,957$19,054,938$6,425,225$192,480,149
92$311,001,605$19,762,341$6,414,181$211,546,949
93$342,490,352$20,497,278$6,395,638$232,541,926
94$377,183,598$21,260,875$6,369,123$255,661,249
95$415,407,971$22,054,304$6,334,134$281,121,081
96$457,523,407$22,878,788$6,290,150$309,159,614
97$503,926,548$23,735,602$6,236,624$340,039,320
98$555,054,485$24,626,076$6,172,980$374,049,426
99$611,388,886$25,551,597$6,098,618$411,508,639
100$673,460,539$26,513,612$6,012,909$452,768,155