Can I retire at age 45 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$322,058$319,190$316,391$313,659$310,991$306,597
2 years$159,435$156,466$153,588$150,798$148,091$143,673
3 years$105,234$102,252$99,381$96,617$93,955$89,649
4 years$78,139$75,166$72,324$69,607$67,010$62,850
5 years$61,886$58,931$56,127$53,465$50,940$46,938
6 years$51,055$48,122$45,359$42,757$40,307$36,468
7 years$43,321$40,412$37,693$35,153$32,780$29,106
8 years$37,523$34,641$31,967$29,489$27,194$23,684
9 years$33,016$30,161$27,533$25,118$22,902$19,553
10 years$29,412$26,586$24,004$21,652$19,513$16,325
11 years$26,466$23,668$21,133$18,843$16,782$13,750
12 years$24,013$21,243$18,755$16,528$14,543$11,664
13 years$21,938$19,197$16,756$14,592$12,682$9,952
14 years$20,161$17,450$15,055$12,953$11,117$8,532
15 years$18,623$15,941$13,593$11,552$9,788$7,343
16 years$17,278$14,625$12,324$10,343$8,651$6,342
17 years$16,093$13,469$11,214$9,294$7,670$5,492
18 years$15,041$12,446$10,237$8,375$6,820$4,768
19 years$14,100$11,535$9,372$7,568$6,079$4,148
20 years$13,255$10,719$8,601$6,854$5,430$3,614
21 years$12,491$9,984$7,911$6,221$4,859$3,154
22 years$11,797$9,320$7,291$5,656$4,355$2,757
23 years$11,165$8,717$6,732$5,151$3,910$2,412
24 years$10,586$8,167$6,226$4,698$3,514$2,112
25 years$10,055$7,664$5,767$4,290$3,162$1,851
26 years$9,565$7,203$5,348$3,923$2,848$1,624
27 years$9,112$6,779$4,966$3,591$2,568$1,425
28 years$8,692$6,388$4,617$3,290$2,317$1,252
29 years$8,302$6,026$4,296$3,017$2,092$1,100
30 years$7,939$5,691$4,002$2,769$1,891$967
31 years$7,599$5,380$3,731$2,543$1,709$850
32 years$7,282$5,091$3,481$2,337$1,546$748
33 years$6,984$4,821$3,250$2,149$1,399$658
34 years$6,705$4,569$3,037$1,977$1,267$579
35 years$6,442$4,334$2,839$1,820$1,147$510
36 years$6,194$4,113$2,656$1,676$1,040$449
37 years$5,960$3,907$2,486$1,545$942$396
38 years$5,739$3,713$2,328$1,424$854$348
39 years$5,530$3,531$2,181$1,313$775$307
40 years$5,332$3,359$2,044$1,211$703$270
41 years$5,144$3,197$1,917$1,117$637$238
42 years$4,965$3,045$1,798$1,031$578$210
43 years$4,795$2,901$1,687$952$525$185
44 years$4,634$2,766$1,584$879$477$163
45 years$4,480$2,637$1,487$812$433$144
46 years$4,333$2,516$1,397$750$393$127
47 years$4,193$2,401$1,312$693$357$112
48 years$4,059$2,292$1,233$640$324$98
49 years$3,930$2,189$1,159$591$294$87
50 years$3,808$2,091$1,090$547$267$77

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,900,000, adding $4,863 every year, while hoping to spend $27,447 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: 80/9/11 Blend
44$3,900,000$3,900,000$3,900,000$3,900,000
45$4,302,816$4,096,116$4,035,666$4,638,422
46$4,712,500$4,267,622$4,141,658$5,030,910
47$5,163,052$4,446,613$4,250,280$5,457,446
48$5,658,611$4,633,425$4,361,592$5,924,708
49$6,203,738$4,828,411$4,475,654$6,436,755
50$6,803,459$5,031,943$4,592,528$6,998,062
51$7,463,310$5,244,406$4,712,276$7,613,552
52$8,189,391$5,466,206$4,834,961$8,288,649
53$8,988,425$5,697,766$4,960,648$9,029,327
54$9,867,817$5,939,529$5,089,403$9,842,164
55$10,835,728$6,191,960$5,221,291$10,734,406
56$11,901,150$6,455,544$5,356,382$11,714,034
57$13,073,991$6,730,789$5,494,745$12,789,838
58$14,365,167$7,018,227$5,636,448$13,971,502
59$15,786,709$7,318,415$5,781,564$15,269,692
60$17,351,872$7,631,935$5,930,164$16,696,155
61$19,075,260$7,959,398$6,082,323$18,263,836
62$20,972,970$8,301,441$6,238,114$19,986,992
63$23,062,735$8,658,734$6,397,613$21,881,329
64$25,364,098$9,031,976$6,560,896$23,964,151
65$27,898,592$9,421,899$6,728,042$26,254,520
66$30,689,946$9,829,270$6,899,129$28,773,436
67$33,764,308$10,254,891$7,074,238$31,544,037
68$37,150,490$10,699,603$7,253,447$34,591,812
69$40,880,243$11,164,287$7,436,841$37,944,845
70$44,988,553$11,649,862$7,624,500$41,634,077
71$49,513,975$12,157,295$7,816,510$45,693,598
72$54,498,992$12,687,594$8,012,955$50,160,966
73$59,990,420$13,241,817$8,213,920$55,077,566
74$66,039,849$13,821,072$8,419,492$60,488,991
75$72,704,127$14,426,518$8,629,759$66,445,479
76$80,045,901$15,059,370$8,844,809$73,002,385
77$88,134,203$15,720,900$9,064,730$80,220,698
78$97,045,106$16,412,438$9,289,612$88,167,620
79$106,862,439$17,135,379$9,519,546$96,917,196
80$117,678,580$17,891,185$9,754,624$106,551,016
81$129,595,327$18,681,385$9,994,935$117,158,980
82$142,724,858$19,507,581$10,240,574$128,840,145
83$157,190,792$20,371,451$10,491,631$141,703,664
84$173,129,353$21,274,753$10,748,202$155,869,809
85$190,690,658$22,219,327$11,010,377$171,471,106
86$210,040,133$23,207,101$11,278,253$188,653,589
87$231,360,074$24,240,096$11,551,921$207,578,171
88$254,851,368$25,320,427$11,831,477$228,422,165
89$280,735,389$26,450,310$12,117,013$251,380,955
90$309,256,090$27,632,066$12,408,624$276,669,840
91$340,682,302$28,868,128$12,706,404$304,526,060
92$375,310,273$30,161,043$13,010,444$335,211,042
93$413,466,466$31,513,479$13,320,840$369,012,856
94$455,510,639$32,928,233$13,637,681$406,248,940
95$501,839,241$34,408,233$13,961,060$447,269,092
96$552,889,156$35,956,549$14,291,068$492,458,768
97$609,141,825$37,576,395$14,627,794$542,242,720
98$671,127,792$39,271,140$14,971,327$597,089,006
99$739,431,714$41,044,313$15,321,753$657,513,400
100$814,697,875$42,899,611$15,679,158$724,084,265