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%20%
1 years$313,800$311,005$308,278$305,616$303,017$290,880
2 years$155,347$152,454$149,650$146,931$144,294$132,218
3 years$102,536$99,630$96,833$94,140$91,546$79,912
4 years$76,135$73,239$70,470$67,823$65,291$54,188
5 years$60,299$57,420$54,687$52,094$49,633$39,088
6 years$49,745$46,888$44,196$41,660$39,273$29,293
7 years$42,210$39,376$36,727$34,251$31,940$22,521
8 years$36,561$33,753$31,147$28,732$26,497$17,630
9 years$32,169$29,388$26,827$24,474$22,314$13,985
10 years$28,658$25,904$23,388$21,097$19,013$11,205
11 years$25,787$23,061$20,591$18,360$16,352$9,047
12 years$23,397$20,698$18,274$16,104$14,170$7,349
13 years$21,376$18,705$16,326$14,218$12,357$5,998
14 years$19,645$17,002$14,669$12,621$10,832$4,914
15 years$18,146$15,532$13,244$11,256$9,537$4,038
16 years$16,835$14,250$12,008$10,078$8,429$3,327
17 years$15,681$13,124$10,927$9,055$7,474$2,746
18 years$14,655$12,127$9,975$8,161$6,645$2,270
19 years$13,739$11,239$9,131$7,374$5,923$1,880
20 years$12,915$10,444$8,380$6,678$5,291$1,558
21 years$12,171$9,728$7,708$6,061$4,734$1,293
22 years$11,495$9,081$7,104$5,511$4,244$1,073
23 years$10,879$8,493$6,560$5,019$3,809$892
24 years$10,315$7,958$6,067$4,578$3,424$741
25 years$9,797$7,468$5,619$4,180$3,081$616
26 years$9,320$7,019$5,211$3,822$2,775$513
27 years$8,878$6,605$4,839$3,499$2,502$427
28 years$8,469$6,224$4,499$3,206$2,258$355
29 years$8,089$5,872$4,186$2,940$2,039$296
30 years$7,735$5,545$3,899$2,698$1,842$246
31 years$7,405$5,242$3,635$2,478$1,665$205
32 years$7,095$4,960$3,392$2,277$1,507$171
33 years$6,805$4,697$3,167$2,094$1,363$142
34 years$6,533$4,452$2,959$1,927$1,234$118
35 years$6,277$4,223$2,766$1,774$1,118$99
36 years$6,035$4,008$2,588$1,633$1,013$82
37 years$5,807$3,807$2,422$1,505$918$68
38 years$5,592$3,618$2,268$1,387$832$57
39 years$5,388$3,440$2,125$1,279$755$48
40 years$5,195$3,273$1,992$1,180$685$40
41 years$5,012$3,115$1,868$1,088$621$33
42 years$4,838$2,967$1,752$1,005$564$28
43 years$4,672$2,827$1,644$927$512$23
44 years$4,515$2,695$1,543$856$464$19
45 years$4,365$2,570$1,449$791$421$16
46 years$4,222$2,451$1,361$730$383$13
47 years$4,085$2,339$1,279$675$348$11
48 years$3,954$2,233$1,202$624$316$9
49 years$3,830$2,133$1,129$576$287$8
50 years$3,710$2,037$1,062$533$260$6

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 $4,819 every year, while hoping to spend $22,613 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: 46/43/11 Blend
44$3,800,000$3,800,000$3,800,000$3,800,000
45$4,192,571$3,991,171$3,932,271$4,372,279
46$4,596,153$4,162,678$4,039,942$4,668,546
47$5,040,143$4,341,831$4,150,462$4,987,043
48$5,528,637$4,528,981$4,263,903$5,332,041
49$6,066,152$4,724,495$4,380,337$5,706,003
50$6,657,662$4,928,758$4,499,841$6,111,633
51$7,308,648$5,142,171$4,622,489$6,551,900
52$8,025,149$5,365,156$4,748,362$7,030,064
53$8,813,820$5,598,155$4,877,538$7,549,707
54$9,681,994$5,841,629$5,010,100$8,114,764
55$10,637,751$6,096,063$5,146,132$8,729,557
56$11,689,993$6,361,961$5,285,719$9,398,839
57$12,848,530$6,639,855$5,428,948$10,127,832
58$14,124,172$6,930,300$5,575,910$10,922,275
59$15,528,830$7,233,876$5,726,695$11,788,479
60$17,075,628$7,551,194$5,881,397$12,733,383
61$18,779,030$7,882,891$6,040,112$13,764,618
62$20,654,972$8,229,634$6,202,937$14,890,573
63$22,721,016$8,592,122$6,369,971$16,120,478
64$24,996,512$8,971,088$6,541,318$17,464,484
65$27,502,784$9,367,299$6,717,080$18,933,759
66$30,263,329$9,781,558$6,897,363$20,540,588
67$33,304,041$10,214,707$7,082,277$22,298,489
68$36,653,452$10,667,626$7,271,932$24,222,335
69$40,343,003$11,141,239$7,466,441$26,328,495
70$44,407,342$11,636,512$7,665,919$28,634,981
71$48,884,648$12,154,458$7,870,484$31,161,618
72$53,816,993$12,696,138$8,080,257$33,930,224
73$59,250,740$13,262,663$8,295,360$36,964,817
74$65,236,979$13,855,196$8,515,917$40,291,835
75$71,832,008$14,474,958$8,742,057$43,940,380
76$79,097,866$15,123,225$8,973,910$47,942,495
77$87,102,921$15,801,335$9,211,608$52,333,453
78$95,922,509$16,510,690$9,455,287$57,152,092
79$105,639,650$17,252,759$9,705,084$62,441,175
80$116,345,830$18,029,081$9,961,141$68,247,788
81$128,141,866$18,841,266$10,223,600$74,623,781
82$141,138,853$19,691,005$10,492,607$81,626,248
83$155,459,217$20,580,066$10,768,311$89,318,065
84$171,237,872$21,510,304$11,050,864$97,768,476
85$188,623,486$22,483,660$11,340,419$107,053,738
86$207,779,893$23,502,170$11,637,134$117,257,837
87$228,887,632$24,567,967$11,941,169$128,473,274
88$252,145,659$25,683,285$12,252,686$140,801,927
89$277,773,215$26,850,466$12,571,850$154,356,012
90$306,011,906$28,071,962$12,898,830$169,259,129
91$337,127,978$29,350,345$13,233,798$185,647,422
92$371,414,828$30,688,309$13,576,927$203,670,855
93$409,195,781$32,088,676$13,928,395$223,494,622
94$450,827,136$33,554,406$14,288,381$245,300,694
95$496,701,530$35,088,598$14,657,068$269,289,525
96$547,251,648$36,694,501$15,034,641$295,681,938
97$602,954,305$38,375,521$15,421,291$324,721,199
98$664,334,947$40,135,224$15,817,207$356,675,297
99$731,972,612$41,977,351$16,222,584$391,839,468
100$806,505,398$43,905,821$16,637,620$430,538,967