Can I retire at age 45 with 3,700,000?

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$305,543$302,821$300,166$297,574$295,043$285,484
2 years$151,259$148,442$145,711$143,064$140,497$130,956
3 years$99,837$97,008$94,285$91,663$89,137$79,914
4 years$74,132$71,311$68,615$66,038$63,573$54,738
5 years$58,713$55,909$53,248$50,723$48,327$39,904
6 years$48,436$45,654$43,033$40,564$38,240$30,236
7 years$41,099$38,340$35,760$33,350$31,099$23,513
8 years$35,599$32,864$30,328$27,976$25,800$18,626
9 years$31,323$28,614$26,121$23,830$21,727$14,958
10 years$27,904$25,222$22,773$20,541$18,513$12,137
11 years$25,109$22,454$20,049$17,877$15,921$9,928
12 years$22,781$20,153$17,793$15,681$13,797$8,173
13 years$20,813$18,213$15,897$13,844$12,031$6,762
14 years$19,128$16,555$14,283$12,289$10,547$5,618
15 years$17,668$15,123$12,896$10,960$9,286$4,683
16 years$16,392$13,875$11,692$9,813$8,207$3,914
17 years$15,268$12,779$10,639$8,817$7,277$3,279
18 years$14,269$11,808$9,712$7,946$6,470$2,752
19 years$13,377$10,944$8,891$7,180$5,767$2,313
20 years$12,575$10,169$8,160$6,503$5,151$1,947
21 years$11,850$9,472$7,506$5,902$4,610$1,641
22 years$11,192$8,842$6,917$5,366$4,132$1,384
23 years$10,593$8,270$6,387$4,887$3,709$1,168
24 years$10,044$7,748$5,907$4,457$3,334$986
25 years$9,539$7,271$5,471$4,070$3,000$833
26 years$9,074$6,834$5,074$3,722$2,702$704
27 years$8,645$6,431$4,712$3,407$2,436$596
28 years$8,246$6,060$4,380$3,121$2,198$504
29 years$7,876$5,717$4,076$2,862$1,985$426
30 years$7,532$5,399$3,797$2,627$1,794$361
31 years$7,210$5,104$3,540$2,413$1,622$306
32 years$6,909$4,830$3,303$2,217$1,467$259
33 years$6,626$4,574$3,084$2,039$1,328$219
34 years$6,361$4,335$2,881$1,876$1,202$186
35 years$6,112$4,111$2,694$1,727$1,089$157
36 years$5,876$3,902$2,520$1,590$986$133
37 years$5,655$3,706$2,359$1,465$894$113
38 years$5,445$3,522$2,209$1,351$810$96
39 years$5,247$3,349$2,069$1,245$735$81
40 years$5,058$3,187$1,940$1,149$667$69
41 years$4,880$3,033$1,819$1,060$605$58
42 years$4,711$2,889$1,706$978$549$49
43 years$4,550$2,753$1,601$903$498$42
44 years$4,396$2,624$1,503$834$452$35
45 years$4,250$2,502$1,411$770$410$30
46 years$4,111$2,387$1,325$711$373$25
47 years$3,978$2,278$1,245$657$338$22
48 years$3,850$2,174$1,170$607$307$18
49 years$3,729$2,076$1,100$561$279$15
50 years$3,612$1,984$1,034$519$253$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,700,000, adding $5,555 every year, while hoping to spend $30,771 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: 52/26/22 Blend
44$3,700,000$3,700,000$3,700,000$3,700,000
45$4,083,130$3,887,030$3,829,680$4,270,281
46$4,466,869$4,044,754$3,925,234$4,557,736
47$4,888,718$4,209,176$4,022,958$4,866,612
48$5,352,532$4,380,590$4,122,892$5,201,948
49$5,862,558$4,559,307$4,225,076$5,566,270
50$6,423,475$4,745,648$4,329,552$5,962,358
51$7,040,437$4,939,953$4,436,360$6,393,267
52$7,719,126$5,142,575$4,545,542$6,862,358
53$8,465,798$5,353,882$4,657,139$7,373,328
54$9,287,349$5,574,263$4,771,193$7,930,243
55$10,191,378$5,804,120$4,887,747$8,537,576
56$11,186,253$6,043,877$5,006,841$9,200,249
57$12,281,200$6,293,976$5,128,519$9,923,678
58$13,486,380$6,554,878$5,252,823$10,713,822
59$14,812,993$6,827,069$5,379,794$11,577,240
60$16,273,376$7,111,054$5,509,476$12,521,151
61$17,881,127$7,407,362$5,641,909$13,553,499
62$19,651,226$7,716,547$5,777,137$14,683,031
63$21,600,181$8,039,188$5,915,202$15,919,373
64$23,746,182$8,375,891$6,056,144$17,273,124
65$26,109,274$8,727,290$6,200,005$18,755,952
66$28,711,541$9,094,049$6,346,827$20,380,703
67$31,577,322$9,476,861$6,496,649$22,161,524
68$34,733,434$9,876,453$6,649,512$24,113,989
69$38,209,430$10,293,584$6,805,456$26,255,248
70$42,037,872$10,729,050$6,964,520$28,604,188
71$46,254,645$11,183,683$7,126,741$31,181,607
72$50,899,289$11,658,354$7,292,157$34,010,410
73$56,015,377$12,153,974$7,460,804$37,115,822
74$61,650,923$12,671,496$7,632,719$40,525,627
75$67,858,837$13,211,919$7,807,935$44,270,424
76$74,697,423$13,776,288$7,986,486$48,383,916
77$82,230,930$14,365,696$8,168,403$52,903,226
78$90,530,158$14,981,288$8,353,717$57,869,244
79$99,673,124$15,624,262$8,542,457$63,327,011
80$109,745,803$16,295,871$8,734,649$69,326,143
81$120,842,935$16,997,428$8,930,320$75,921,292
82$133,068,921$17,730,309$9,129,492$83,172,666
83$146,538,807$18,495,950$9,332,187$91,146,588
84$161,379,373$19,295,859$9,538,423$99,916,122
85$177,730,325$20,131,613$9,748,216$109,561,761
86$195,745,618$21,004,861$9,961,580$120,172,180
87$215,594,904$21,917,333$10,178,527$131,845,070
88$237,465,140$22,870,837$10,399,063$144,688,061
89$261,562,345$23,867,269$10,623,193$158,819,729
90$288,113,552$24,908,613$10,850,917$174,370,712
91$317,368,945$25,996,946$11,082,234$191,484,945
92$349,604,225$27,134,444$11,317,136$210,321,004
93$385,123,208$28,323,383$11,555,612$231,053,610
94$424,260,696$29,566,151$11,797,646$253,875,264
95$467,385,639$30,865,243$12,043,219$278,998,066
96$514,904,611$32,223,278$12,292,304$306,655,708
97$567,265,657$33,642,994$12,544,871$337,105,677
98$624,962,513$35,127,260$12,800,884$370,631,679
99$688,539,276$36,679,081$13,060,300$407,546,312
100$758,595,531$38,301,606$13,323,069$448,194,012