Can I retire at age 45 with 3,800,000?

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 $3,800,000?

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$313,800$311,005$308,278$305,616$303,017$301,487
2 years$155,347$152,454$149,650$146,931$144,294$142,749
3 years$102,536$99,630$96,833$94,140$91,546$90,035
4 years$76,135$73,239$70,470$67,823$65,291$63,826
5 years$60,299$57,420$54,687$52,094$49,633$48,218
6 years$49,745$46,888$44,196$41,660$39,273$37,909
7 years$42,210$39,376$36,727$34,251$31,940$30,628
8 years$36,561$33,753$31,147$28,732$26,497$25,237
9 years$32,169$29,388$26,827$24,474$22,314$21,106
10 years$28,658$25,904$23,388$21,097$19,013$17,856
11 years$25,787$23,061$20,591$18,360$16,352$15,246
12 years$23,397$20,698$18,274$16,104$14,170$13,114
13 years$21,376$18,705$16,326$14,218$12,357$11,349
14 years$19,645$17,002$14,669$12,621$10,832$9,872
15 years$18,146$15,532$13,244$11,256$9,537$8,624
16 years$16,835$14,250$12,008$10,078$8,429$7,561
17 years$15,681$13,124$10,927$9,055$7,474$6,649
18 years$14,655$12,127$9,975$8,161$6,645$5,863
19 years$13,739$11,239$9,131$7,374$5,923$5,182
20 years$12,915$10,444$8,380$6,678$5,291$4,589
21 years$12,171$9,728$7,708$6,061$4,734$4,071
22 years$11,495$9,081$7,104$5,511$4,244$3,617
23 years$10,879$8,493$6,560$5,019$3,809$3,218
24 years$10,315$7,958$6,067$4,578$3,424$2,867
25 years$9,797$7,468$5,619$4,180$3,081$2,556
26 years$9,320$7,019$5,211$3,822$2,775$2,281
27 years$8,878$6,605$4,839$3,499$2,502$2,038
28 years$8,469$6,224$4,499$3,206$2,258$1,821
29 years$8,089$5,872$4,186$2,940$2,039$1,629
30 years$7,735$5,545$3,899$2,698$1,842$1,458
31 years$7,405$5,242$3,635$2,478$1,665$1,305
32 years$7,095$4,960$3,392$2,277$1,507$1,169
33 years$6,805$4,697$3,167$2,094$1,363$1,048
34 years$6,533$4,452$2,959$1,927$1,234$939
35 years$6,277$4,223$2,766$1,774$1,118$842
36 years$6,035$4,008$2,588$1,633$1,013$756
37 years$5,807$3,807$2,422$1,505$918$678
38 years$5,592$3,618$2,268$1,387$832$609
39 years$5,388$3,440$2,125$1,279$755$546
40 years$5,195$3,273$1,992$1,180$685$490
41 years$5,012$3,115$1,868$1,088$621$440
42 years$4,838$2,967$1,752$1,005$564$395
43 years$4,672$2,827$1,644$927$512$355
44 years$4,515$2,695$1,543$856$464$319
45 years$4,365$2,570$1,449$791$421$287
46 years$4,222$2,451$1,361$730$383$258
47 years$4,085$2,339$1,279$675$348$231
48 years$3,954$2,233$1,202$624$316$208
49 years$3,830$2,133$1,129$576$287$187
50 years$3,710$2,037$1,062$533$260$168

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,800,000, adding $5,210 every year, while hoping to spend $20,531 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: 57/36/7 Blend
44$3,800,000$3,800,000$3,800,000$3,800,000
45$4,192,974$3,991,574$3,932,674$4,425,242
46$4,598,813$4,165,316$4,042,574$4,755,855
47$5,045,359$4,346,884$4,155,467$5,113,136
48$5,536,742$4,536,639$4,271,433$5,501,898
49$6,077,515$4,734,959$4,390,551$5,925,148
50$6,672,692$4,942,242$4,512,904$6,386,191
51$7,327,797$5,158,903$4,638,577$6,888,661
52$8,048,920$5,385,376$4,767,657$7,436,554
53$8,842,768$5,622,118$4,900,232$8,034,261
54$9,716,734$5,869,606$5,036,393$8,686,612
55$10,678,963$6,128,338$5,176,234$9,398,920
56$11,738,429$6,398,839$5,319,850$10,177,026
57$12,905,023$6,681,655$5,467,339$11,027,356
58$14,189,641$6,977,362$5,618,801$11,956,980
59$15,604,292$7,286,561$5,774,338$12,973,675
60$17,162,207$7,609,880$5,934,056$14,085,998
61$18,877,968$7,947,979$6,098,062$15,303,363
62$20,767,640$8,301,550$6,266,467$16,636,133
63$22,848,929$8,671,315$6,439,383$18,095,710
64$25,141,343$9,058,033$6,616,926$19,694,643
65$27,666,381$9,462,498$6,799,214$21,446,744
66$30,447,733$9,885,541$6,986,368$23,367,217
67$33,511,502$10,328,034$7,178,513$25,472,797
68$36,886,457$10,790,889$7,375,774$27,781,907
69$40,604,295$11,275,062$7,578,283$30,314,830
70$44,699,949$11,781,556$7,786,171$33,093,896
71$49,211,911$12,311,419$7,999,574$36,143,689
72$54,182,599$12,865,752$8,218,633$39,491,280
73$59,658,756$13,445,705$8,443,489$43,166,474
74$65,691,891$14,052,487$8,674,288$47,202,094
75$72,338,766$14,687,361$8,911,179$51,634,282
76$79,661,931$15,351,653$9,154,314$56,502,840
77$87,730,314$16,046,749$9,403,850$61,851,599
78$96,619,873$16,774,106$9,659,945$67,728,833
79$106,414,309$17,535,248$9,922,763$74,187,707
80$117,205,864$18,331,770$10,192,471$81,286,774
81$129,096,182$19,165,346$10,469,238$89,090,527
82$142,197,275$20,037,730$10,753,240$97,670,000
83$156,632,577$20,950,760$11,044,654$107,103,434
84$172,538,113$21,906,360$11,343,663$117,477,011
85$190,063,777$22,906,548$11,650,452$128,885,663
86$209,374,753$23,953,440$11,965,213$141,433,958
87$230,653,069$25,049,249$12,288,139$155,237,089
88$254,099,319$26,196,299$12,619,428$170,421,948
89$279,934,555$27,397,024$12,959,285$187,128,319
90$308,402,374$28,653,972$13,307,915$205,510,194
91$339,771,217$29,969,818$13,665,531$225,737,218
92$374,336,904$31,347,361$14,032,349$247,996,278
93$412,425,425$32,789,539$14,408,590$272,493,269
94$454,396,019$34,299,427$14,794,478$299,455,020
95$500,644,565$35,880,251$15,190,245$329,131,434
96$551,607,317$37,535,389$15,596,124$361,797,832
97$607,765,025$39,268,386$16,012,357$397,757,550
98$669,647,473$41,082,952$16,439,186$437,344,784
99$737,838,479$42,982,981$16,876,863$480,927,743
100$812,981,407$44,972,550$17,325,641$528,912,107