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%14.4%
1 years$313,800$311,005$308,278$305,616$303,017$297,508
2 years$155,347$152,454$149,650$146,931$144,294$138,763
3 years$102,536$99,630$96,833$94,140$91,546$86,166
4 years$76,135$73,239$70,470$67,823$65,291$60,103
5 years$60,299$57,420$54,687$52,094$49,633$44,653
6 years$49,745$46,888$44,196$41,660$39,273$34,505
7 years$42,210$39,376$36,727$34,251$31,940$27,385
8 years$36,561$33,753$31,147$28,732$26,497$22,156
9 years$32,169$29,388$26,827$24,474$22,314$18,183
10 years$28,658$25,904$23,388$21,097$19,013$15,088
11 years$25,787$23,061$20,591$18,360$16,352$12,629
12 years$23,397$20,698$18,274$16,104$14,170$10,644
13 years$21,376$18,705$16,326$14,218$12,357$9,022
14 years$19,645$17,002$14,669$12,621$10,832$7,683
15 years$18,146$15,532$13,244$11,256$9,537$6,568
16 years$16,835$14,250$12,008$10,078$8,429$5,632
17 years$15,681$13,124$10,927$9,055$7,474$4,843
18 years$14,655$12,127$9,975$8,161$6,645$4,174
19 years$13,739$11,239$9,131$7,374$5,923$3,605
20 years$12,915$10,444$8,380$6,678$5,291$3,118
21 years$12,171$9,728$7,708$6,061$4,734$2,701
22 years$11,495$9,081$7,104$5,511$4,244$2,342
23 years$10,879$8,493$6,560$5,019$3,809$2,033
24 years$10,315$7,958$6,067$4,578$3,424$1,767
25 years$9,797$7,468$5,619$4,180$3,081$1,536
26 years$9,320$7,019$5,211$3,822$2,775$1,337
27 years$8,878$6,605$4,839$3,499$2,502$1,164
28 years$8,469$6,224$4,499$3,206$2,258$1,014
29 years$8,089$5,872$4,186$2,940$2,039$884
30 years$7,735$5,545$3,899$2,698$1,842$771
31 years$7,405$5,242$3,635$2,478$1,665$672
32 years$7,095$4,960$3,392$2,277$1,507$586
33 years$6,805$4,697$3,167$2,094$1,363$512
34 years$6,533$4,452$2,959$1,927$1,234$447
35 years$6,277$4,223$2,766$1,774$1,118$390
36 years$6,035$4,008$2,588$1,633$1,013$340
37 years$5,807$3,807$2,422$1,505$918$297
38 years$5,592$3,618$2,268$1,387$832$260
39 years$5,388$3,440$2,125$1,279$755$227
40 years$5,195$3,273$1,992$1,180$685$198
41 years$5,012$3,115$1,868$1,088$621$173
42 years$4,838$2,967$1,752$1,005$564$151
43 years$4,672$2,827$1,644$927$512$132
44 years$4,515$2,695$1,543$856$464$115
45 years$4,365$2,570$1,449$791$421$101
46 years$4,222$2,451$1,361$730$383$88
47 years$4,085$2,339$1,279$675$348$77
48 years$3,954$2,233$1,202$624$316$67
49 years$3,830$2,133$1,129$576$287$59
50 years$3,710$2,037$1,062$533$260$51

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 $2,189 every year, while hoping to spend $56,628 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: 72/16/12 Blend
44$3,800,000$3,800,000$3,800,000$3,800,000
45$4,189,858$3,988,458$3,929,558$4,480,975
46$4,556,972$4,123,641$4,000,946$4,809,132
47$4,959,633$4,263,549$4,072,828$5,161,179
48$5,401,408$4,408,356$4,145,161$5,545,143
49$5,886,225$4,558,239$4,217,897$5,964,165
50$6,418,410$4,713,382$4,290,987$6,421,704
51$7,002,730$4,873,980$4,364,376$6,921,566
52$7,644,434$5,040,230$4,438,008$7,467,944
53$8,349,305$5,212,341$4,511,821$8,065,454
54$9,123,715$5,390,526$4,585,748$8,719,178
55$9,974,683$5,575,011$4,659,719$9,434,715
56$10,909,940$5,766,026$4,733,659$10,218,230
57$11,938,006$5,963,813$4,807,489$11,076,512
58$13,068,265$6,168,622$4,881,122$12,017,039
59$14,311,056$6,380,713$4,954,468$13,048,048
60$15,677,772$6,600,356$5,027,430$14,178,611
61$17,180,963$6,827,831$5,099,907$15,418,721
62$18,834,457$7,063,431$5,171,790$16,779,385
63$20,653,490$7,307,458$5,242,964$18,272,729
64$22,654,849$7,560,226$5,313,306$19,912,110
65$24,857,030$7,822,064$5,382,688$21,712,243
66$27,280,412$8,093,310$5,450,973$23,689,337
67$29,947,449$8,374,317$5,518,016$25,861,252
68$32,882,885$8,665,454$5,583,665$28,247,660
69$36,113,979$8,967,102$5,647,758$30,870,238
70$39,670,773$9,279,658$5,710,126$33,752,864
71$43,586,363$9,603,533$5,770,587$36,921,849
72$47,897,223$9,939,157$5,828,953$40,406,179
73$52,643,540$10,286,976$5,885,023$44,237,791
74$57,869,597$10,647,453$5,938,586$48,451,873
75$63,624,188$11,021,070$5,989,421$53,087,194
76$69,961,082$11,408,330$6,037,294$58,186,472
77$76,939,527$11,809,753$6,081,958$63,796,774
78$84,624,810$12,225,881$6,123,154$69,969,960
79$93,088,871$12,657,280$6,160,610$76,763,172
80$102,410,984$13,104,535$6,194,039$84,239,374
81$112,678,505$13,568,258$6,223,140$92,467,941
82$123,987,694$14,049,084$6,247,597$101,525,318
83$136,444,624$14,547,674$6,267,076$111,495,738
84$150,166,181$15,064,716$6,281,229$122,472,016
85$165,281,169$15,600,925$6,289,688$134,556,424
86$181,931,525$16,157,046$6,292,068$147,861,660
87$200,273,654$16,733,855$6,287,967$162,511,902
88$220,479,912$17,332,159$6,276,959$178,643,986
89$242,740,226$17,952,798$6,258,600$196,408,696
90$267,263,889$18,596,646$6,232,424$215,972,184
91$294,281,538$19,264,613$6,197,942$237,517,536
92$324,047,324$19,957,648$6,154,642$261,246,504
93$356,841,316$20,676,738$6,101,987$287,381,404
94$392,972,141$21,422,909$6,039,415$316,167,219
95$432,779,901$22,197,233$5,966,336$347,873,905
96$476,639,377$23,000,824$5,882,135$382,798,939
97$524,963,571$23,834,842$5,786,164$421,270,130
98$578,207,603$24,700,497$5,677,748$463,648,708
99$636,873,005$25,599,048$5,556,179$510,332,733
100$701,512,457$26,531,807$5,420,717$561,760,852