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

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$313,800$311,005$308,278$305,616$303,017$294,736
2 years$155,347$152,454$149,650$146,931$144,294$136,011
3 years$102,536$99,630$96,833$94,140$91,546$83,521
4 years$76,135$73,239$70,470$67,823$65,291$57,586
5 years$60,299$57,420$54,687$52,094$49,633$42,268
6 years$49,745$46,888$44,196$41,660$39,273$32,256
7 years$42,210$39,376$36,727$34,251$31,940$25,270
8 years$36,561$33,753$31,147$28,732$26,497$20,172
9 years$32,169$29,388$26,827$24,474$22,314$16,328
10 years$28,658$25,904$23,388$21,097$19,013$13,357
11 years$25,787$23,061$20,591$18,360$16,352$11,018
12 years$23,397$20,698$18,274$16,104$14,170$9,148
13 years$21,376$18,705$16,326$14,218$12,357$7,636
14 years$19,645$17,002$14,669$12,621$10,832$6,401
15 years$18,146$15,532$13,244$11,256$9,537$5,385
16 years$16,835$14,250$12,008$10,078$8,429$4,543
17 years$15,681$13,124$10,927$9,055$7,474$3,842
18 years$14,655$12,127$9,975$8,161$6,645$3,256
19 years$13,739$11,239$9,131$7,374$5,923$2,764
20 years$12,915$10,444$8,380$6,678$5,291$2,350
21 years$12,171$9,728$7,708$6,061$4,734$2,000
22 years$11,495$9,081$7,104$5,511$4,244$1,704
23 years$10,879$8,493$6,560$5,019$3,809$1,453
24 years$10,315$7,958$6,067$4,578$3,424$1,240
25 years$9,797$7,468$5,619$4,180$3,081$1,058
26 years$9,320$7,019$5,211$3,822$2,775$904
27 years$8,878$6,605$4,839$3,499$2,502$773
28 years$8,469$6,224$4,499$3,206$2,258$661
29 years$8,089$5,872$4,186$2,940$2,039$565
30 years$7,735$5,545$3,899$2,698$1,842$483
31 years$7,405$5,242$3,635$2,478$1,665$414
32 years$7,095$4,960$3,392$2,277$1,507$354
33 years$6,805$4,697$3,167$2,094$1,363$303
34 years$6,533$4,452$2,959$1,927$1,234$259
35 years$6,277$4,223$2,766$1,774$1,118$222
36 years$6,035$4,008$2,588$1,633$1,013$190
37 years$5,807$3,807$2,422$1,505$918$163
38 years$5,592$3,618$2,268$1,387$832$140
39 years$5,388$3,440$2,125$1,279$755$120
40 years$5,195$3,273$1,992$1,180$685$102
41 years$5,012$3,115$1,868$1,088$621$88
42 years$4,838$2,967$1,752$1,005$564$75
43 years$4,672$2,827$1,644$927$512$64
44 years$4,515$2,695$1,543$856$464$55
45 years$4,365$2,570$1,449$791$421$47
46 years$4,222$2,451$1,361$730$383$40
47 years$4,085$2,339$1,279$675$348$35
48 years$3,954$2,233$1,202$624$316$30
49 years$3,830$2,133$1,129$576$287$25
50 years$3,710$2,037$1,062$533$260$22

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 $2,429 every year, while hoping to spend $54,448 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: 41/44/15 Blend
44$3,800,000$3,800,000$3,800,000$3,800,000
45$4,190,106$3,988,706$3,929,806$4,343,247
46$4,559,564$4,126,220$4,003,522$4,589,209
47$4,964,882$4,268,647$4,077,883$4,849,732
48$5,409,661$4,416,172$4,152,852$5,130,534
49$5,897,865$4,568,983$4,228,392$5,433,489
50$6,433,864$4,727,279$4,304,459$5,760,656
51$7,022,468$4,891,266$4,381,008$6,114,298
52$7,668,979$5,061,157$4,457,991$6,496,899
53$8,379,236$5,237,175$4,535,355$6,911,194
54$9,159,672$5,419,551$4,613,043$7,360,187
55$10,017,373$5,608,524$4,690,995$7,847,180
56$10,960,148$5,804,344$4,769,146$8,375,808
57$11,996,597$6,007,271$4,847,427$8,950,065
58$13,136,198$6,217,575$4,925,763$9,574,347
59$14,389,389$6,435,536$5,004,076$10,253,487
60$15,767,676$6,661,446$5,082,281$10,992,806
61$17,283,730$6,895,608$5,160,289$11,798,156
62$18,951,517$7,138,339$5,238,005$12,675,976
63$20,786,420$7,389,966$5,315,326$13,633,355
64$22,805,391$7,650,830$5,392,146$14,678,092
65$25,027,109$7,921,289$5,468,351$15,818,773
66$27,472,151$8,201,710$5,543,818$17,064,848
67$30,163,196$8,492,478$5,618,421$18,426,720
68$33,125,226$8,793,994$5,692,022$19,915,841
69$36,385,773$9,106,674$5,764,479$21,544,822
70$39,975,172$9,430,951$5,835,639$23,327,544
71$43,926,848$9,767,276$5,905,342$25,279,293
72$48,277,632$10,116,118$5,973,417$27,416,900
73$53,068,110$10,477,967$6,039,685$29,758,901
74$58,343,000$10,853,330$6,103,957$32,325,707
75$64,151,580$11,242,737$6,166,034$35,139,795
76$70,548,149$11,646,740$6,225,704$38,225,922
77$77,592,542$12,065,911$6,282,747$41,611,352
78$85,350,689$12,500,849$6,336,927$45,326,114
79$93,895,245$12,952,176$6,387,999$49,403,283
80$103,306,267$13,420,539$6,435,704$53,879,292
81$113,671,974$13,906,615$6,479,769$58,794,268
82$125,089,581$14,411,104$6,519,906$64,192,415
83$137,666,211$14,934,740$6,555,815$70,122,426
84$151,519,907$15,478,285$6,587,178$76,637,937
85$166,780,750$16,042,534$6,613,661$83,798,037
86$183,592,083$16,628,314$6,634,915$91,667,819
87$202,111,862$17,236,488$6,650,571$100,318,993
88$222,514,150$17,867,954$6,660,243$109,830,559
89$244,990,758$18,523,649$6,663,526$120,289,550
90$269,753,055$19,204,547$6,659,994$131,791,853
91$297,033,963$19,911,667$6,649,201$144,443,107
92$327,090,157$20,646,068$6,630,678$158,359,699
93$360,204,482$21,408,854$6,603,935$173,669,859
94$396,688,628$22,201,177$6,568,456$190,514,867
95$436,886,072$23,024,238$6,523,703$209,050,383
96$481,175,313$23,879,288$6,469,109$229,447,912
97$529,973,453$24,767,631$6,404,082$251,896,419
98$583,740,129$25,690,629$6,328,002$276,604,110
99$642,981,851$26,649,698$6,240,219$303,800,390
100$708,256,786$27,646,320$6,140,053$333,738,030