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

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$322,058$319,190$316,391$313,659$310,991$304,837
2 years$159,435$156,466$153,588$150,798$148,091$141,917
3 years$105,234$102,252$99,381$96,617$93,955$87,953
4 years$78,139$75,166$72,324$69,607$67,010$61,226
5 years$61,886$58,931$56,127$53,465$50,940$45,392
6 years$51,055$48,122$45,359$42,757$40,307$35,000
7 years$43,321$40,412$37,693$35,153$32,780$27,716
8 years$37,523$34,641$31,967$29,489$27,194$22,371
9 years$33,016$30,161$27,533$25,118$22,902$18,316
10 years$29,412$26,586$24,004$21,652$19,513$15,161
11 years$26,466$23,668$21,133$18,843$16,782$12,658
12 years$24,013$21,243$18,755$16,528$14,543$10,641
13 years$21,938$19,197$16,756$14,592$12,682$8,996
14 years$20,161$17,450$15,055$12,953$11,117$7,640
15 years$18,623$15,941$13,593$11,552$9,788$6,513
16 years$17,278$14,625$12,324$10,343$8,651$5,569
17 years$16,093$13,469$11,214$9,294$7,670$4,775
18 years$15,041$12,446$10,237$8,375$6,820$4,104
19 years$14,100$11,535$9,372$7,568$6,079$3,533
20 years$13,255$10,719$8,601$6,854$5,430$3,047
21 years$12,491$9,984$7,911$6,221$4,859$2,631
22 years$11,797$9,320$7,291$5,656$4,355$2,275
23 years$11,165$8,717$6,732$5,151$3,910$1,969
24 years$10,586$8,167$6,226$4,698$3,514$1,705
25 years$10,055$7,664$5,767$4,290$3,162$1,478
26 years$9,565$7,203$5,348$3,923$2,848$1,282
27 years$9,112$6,779$4,966$3,591$2,568$1,113
28 years$8,692$6,388$4,617$3,290$2,317$966
29 years$8,302$6,026$4,296$3,017$2,092$840
30 years$7,939$5,691$4,002$2,769$1,891$730
31 years$7,599$5,380$3,731$2,543$1,709$634
32 years$7,282$5,091$3,481$2,337$1,546$551
33 years$6,984$4,821$3,250$2,149$1,399$480
34 years$6,705$4,569$3,037$1,977$1,267$417
35 years$6,442$4,334$2,839$1,820$1,147$363
36 years$6,194$4,113$2,656$1,676$1,040$316
37 years$5,960$3,907$2,486$1,545$942$275
38 years$5,739$3,713$2,328$1,424$854$239
39 years$5,530$3,531$2,181$1,313$775$208
40 years$5,332$3,359$2,044$1,211$703$181
41 years$5,144$3,197$1,917$1,117$637$158
42 years$4,965$3,045$1,798$1,031$578$137
43 years$4,795$2,901$1,687$952$525$120
44 years$4,634$2,766$1,584$879$477$104
45 years$4,480$2,637$1,487$812$433$91
46 years$4,333$2,516$1,397$750$393$79
47 years$4,193$2,401$1,312$693$357$69
48 years$4,059$2,292$1,233$640$324$60
49 years$3,930$2,189$1,159$591$294$52
50 years$3,808$2,091$1,090$547$267$45

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 $2,096 every year, while hoping to spend $31,120 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: 79/8/13 Blend
44$3,900,000$3,900,000$3,900,000$3,900,000
45$4,299,962$4,093,262$4,032,812$4,628,604
46$4,705,447$4,260,720$4,134,800$5,012,501
47$5,151,248$4,435,341$4,239,161$5,429,374
48$5,641,445$4,617,443$4,345,943$5,885,854
49$6,180,532$4,807,357$4,455,192$6,385,887
50$6,773,462$5,005,433$4,566,956$6,933,820
51$7,425,689$5,212,034$4,681,283$7,534,440
52$8,143,226$5,427,540$4,798,223$8,193,018
53$8,932,695$5,652,349$4,917,823$8,915,360
54$9,801,394$5,886,879$5,040,135$9,707,863
55$10,757,364$6,131,563$5,165,207$10,577,567
56$11,809,464$6,386,859$5,293,090$11,532,233
57$12,967,455$6,653,241$5,423,835$12,580,405
58$14,242,095$6,931,209$5,557,493$13,731,496
59$15,645,235$7,221,285$5,694,115$14,995,875
60$17,189,934$7,524,013$5,833,753$16,384,964
61$18,890,582$7,839,964$5,976,458$17,911,345
62$20,763,036$8,169,737$6,122,284$19,588,880
63$22,824,767$8,513,955$6,271,281$21,432,839
64$25,095,027$8,873,273$6,423,503$23,460,045
65$27,595,031$9,248,374$6,579,002$25,689,031
66$30,348,155$9,639,975$6,737,829$28,140,215
67$33,380,158$10,048,826$6,900,038$30,836,093
68$36,719,425$10,475,709$7,065,680$33,801,449
69$40,397,234$10,921,446$7,234,808$37,063,589
70$44,448,051$11,386,896$7,407,473$40,652,597
71$48,909,855$11,872,957$7,583,727$44,601,620
72$53,824,499$12,380,571$7,763,620$48,947,181
73$59,238,100$12,910,721$7,947,204$53,729,517
74$65,201,479$13,464,439$8,134,528$58,992,966
75$71,770,638$14,042,804$8,325,642$64,786,378
76$79,007,286$14,646,945$8,520,594$71,163,579
77$86,979,428$15,278,044$8,719,433$78,183,878
78$95,762,000$15,937,339$8,922,205$85,912,624
79$105,437,581$16,626,125$9,128,955$94,421,822
80$116,097,169$17,345,760$9,339,730$103,790,814
81$127,841,041$18,097,663$9,554,571$114,107,025
82$140,779,699$18,883,320$9,773,522$125,466,786
83$155,034,915$19,704,290$9,996,621$137,976,245
84$170,740,877$20,562,201$10,223,909$151,752,367
85$188,045,458$21,458,760$10,455,421$166,924,034
86$207,111,610$22,395,755$10,691,193$183,633,265
87$228,118,904$23,375,056$10,931,257$202,036,552
88$251,265,221$24,398,623$11,175,644$222,306,336
89$276,768,626$25,468,507$11,424,380$244,632,634
90$304,869,420$26,586,858$11,677,491$269,224,834
91$335,832,412$27,755,926$11,934,999$296,313,664
92$369,949,419$28,978,067$12,196,921$326,153,375
93$407,542,016$30,255,749$12,463,275$359,024,133
94$448,964,578$31,591,556$12,734,071$395,234,669
95$494,607,619$32,988,197$13,009,316$435,125,185
96$544,901,483$34,448,505$13,289,015$479,070,569
97$600,320,403$35,975,451$13,573,166$527,483,928
98$661,386,981$37,572,145$13,861,764$580,820,489
99$728,677,118$39,241,845$14,154,798$639,581,893
100$802,825,451$40,987,963$14,452,251$704,320,927