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

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$305,543$302,821$300,166$297,574$295,043$286,980
2 years$151,259$148,442$145,711$143,064$140,497$132,432
3 years$99,837$97,008$94,285$91,663$89,137$81,323
4 years$74,132$71,311$68,615$66,038$63,573$56,070
5 years$58,713$55,909$53,248$50,723$48,327$41,156
6 years$48,436$45,654$43,033$40,564$38,240$31,407
7 years$41,099$38,340$35,760$33,350$31,099$24,605
8 years$35,599$32,864$30,328$27,976$25,800$19,641
9 years$31,323$28,614$26,121$23,830$21,727$15,898
10 years$27,904$25,222$22,773$20,541$18,513$13,006
11 years$25,109$22,454$20,049$17,877$15,921$10,728
12 years$22,781$20,153$17,793$15,681$13,797$8,907
13 years$20,813$18,213$15,897$13,844$12,031$7,435
14 years$19,128$16,555$14,283$12,289$10,547$6,233
15 years$17,668$15,123$12,896$10,960$9,286$5,243
16 years$16,392$13,875$11,692$9,813$8,207$4,424
17 years$15,268$12,779$10,639$8,817$7,277$3,741
18 years$14,269$11,808$9,712$7,946$6,470$3,170
19 years$13,377$10,944$8,891$7,180$5,767$2,691
20 years$12,575$10,169$8,160$6,503$5,151$2,288
21 years$11,850$9,472$7,506$5,902$4,610$1,947
22 years$11,192$8,842$6,917$5,366$4,132$1,659
23 years$10,593$8,270$6,387$4,887$3,709$1,414
24 years$10,044$7,748$5,907$4,457$3,334$1,207
25 years$9,539$7,271$5,471$4,070$3,000$1,030
26 years$9,074$6,834$5,074$3,722$2,702$880
27 years$8,645$6,431$4,712$3,407$2,436$752
28 years$8,246$6,060$4,380$3,121$2,198$643
29 years$7,876$5,717$4,076$2,862$1,985$550
30 years$7,532$5,399$3,797$2,627$1,794$471
31 years$7,210$5,104$3,540$2,413$1,622$403
32 years$6,909$4,830$3,303$2,217$1,467$345
33 years$6,626$4,574$3,084$2,039$1,328$295
34 years$6,361$4,335$2,881$1,876$1,202$253
35 years$6,112$4,111$2,694$1,727$1,089$216
36 years$5,876$3,902$2,520$1,590$986$185
37 years$5,655$3,706$2,359$1,465$894$159
38 years$5,445$3,522$2,209$1,351$810$136
39 years$5,247$3,349$2,069$1,245$735$116
40 years$5,058$3,187$1,940$1,149$667$100
41 years$4,880$3,033$1,819$1,060$605$85
42 years$4,711$2,889$1,706$978$549$73
43 years$4,550$2,753$1,601$903$498$63
44 years$4,396$2,624$1,503$834$452$54
45 years$4,250$2,502$1,411$770$410$46
46 years$4,111$2,387$1,325$711$373$39
47 years$3,978$2,278$1,245$657$338$34
48 years$3,850$2,174$1,170$607$307$29
49 years$3,729$2,076$1,100$561$279$25
50 years$3,612$1,984$1,034$519$253$21

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 $3,253 every year, while hoping to spend $46,540 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: 44/48/8 Blend
44$3,700,000$3,700,000$3,700,000$3,700,000
45$4,080,755$3,884,655$3,827,305$4,250,882
46$4,447,474$4,025,485$3,906,002$4,509,872
47$4,850,039$4,171,656$3,985,775$4,785,374
48$5,292,056$4,323,380$4,066,612$5,082,893
49$5,777,499$4,480,879$4,148,496$5,404,467
50$6,310,745$4,644,384$4,231,412$5,752,332
51$6,896,617$4,814,134$4,315,340$6,128,947
52$7,540,426$4,990,381$4,400,258$6,537,011
53$8,248,024$5,173,385$4,486,142$6,979,492
54$9,025,860$5,363,418$4,572,965$7,459,651
55$9,881,036$5,560,764$4,660,698$7,981,072
56$10,821,378$5,765,717$4,749,308$8,547,696
57$11,855,508$5,978,587$4,838,759$9,163,856
58$12,992,925$6,199,693$4,929,012$9,834,316
59$14,244,095$6,429,370$5,020,026$10,564,316
60$15,620,550$6,667,966$5,111,755$11,359,620
61$17,134,996$6,915,846$5,204,148$12,226,568
62$18,801,432$7,173,389$5,297,153$13,172,133
63$20,635,282$7,440,989$5,390,711$14,203,989
64$22,653,541$7,719,058$5,484,761$15,330,581
65$24,874,938$8,008,027$5,579,236$16,561,198
66$27,320,105$8,308,344$5,674,064$17,906,066
67$30,011,779$8,620,476$5,769,168$19,376,439
68$32,975,011$8,944,910$5,864,466$20,984,702
69$36,237,407$9,282,156$5,959,871$22,744,491
70$39,829,385$9,632,744$6,055,289$24,670,812
71$43,784,461$9,997,227$6,150,619$26,780,189
72$48,139,567$10,376,182$6,245,756$29,090,811
73$52,935,401$10,770,213$6,340,587$31,622,706
74$58,216,806$11,179,948$6,434,991$34,397,925
75$64,033,197$11,606,042$6,528,840$37,440,747
76$70,439,026$12,049,181$6,621,999$40,777,910
77$77,494,294$12,510,078$6,714,324$44,438,854
78$85,265,120$12,989,480$6,805,662$48,456,002
79$93,824,362$13,488,165$6,895,851$52,865,061
80$103,252,307$14,006,944$6,984,721$57,705,355
81$113,637,424$14,546,666$7,072,091$63,020,193
82$125,077,204$15,108,216$7,157,770$68,857,278
83$137,679,078$15,692,518$7,241,554$75,269,148
84$151,561,430$16,300,537$7,323,232$82,313,675
85$166,854,712$16,933,279$7,402,577$90,054,601
86$183,702,680$17,591,798$7,479,351$98,562,140
87$202,263,749$18,277,191$7,553,304$107,913,638
88$222,712,483$18,990,605$7,624,171$118,194,293
89$245,241,250$19,733,238$7,691,675$129,497,961
90$270,062,032$20,506,342$7,755,520$141,928,035
91$297,408,428$21,311,221$7,815,399$155,598,413
92$327,537,858$22,149,242$7,870,986$170,634,575
93$360,733,995$23,021,830$7,921,939$187,174,758
94$397,309,436$23,930,474$7,967,898$205,371,254
95$437,608,661$24,876,729$8,008,485$225,391,848
96$482,011,277$25,862,221$8,043,301$247,421,389
97$530,935,605$26,888,648$8,071,930$271,663,533
98$584,842,630$27,957,784$8,093,932$298,342,661
99$644,240,345$29,071,483$8,108,847$327,705,984
100$709,688,557$30,231,682$8,116,189$360,025,877