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%11.2%
1 years$322,058$319,190$316,391$313,659$310,991$309,421
2 years$159,435$156,466$153,588$150,798$148,091$146,506
3 years$105,234$102,252$99,381$96,617$93,955$92,405
4 years$78,139$75,166$72,324$69,607$67,010$65,506
5 years$61,886$58,931$56,127$53,465$50,940$49,487
6 years$51,055$48,122$45,359$42,757$40,307$38,907
7 years$43,321$40,412$37,693$35,153$32,780$31,434
8 years$37,523$34,641$31,967$29,489$27,194$25,901
9 years$33,016$30,161$27,533$25,118$22,902$21,662
10 years$29,412$26,586$24,004$21,652$19,513$18,326
11 years$26,466$23,668$21,133$18,843$16,782$15,647
12 years$24,013$21,243$18,755$16,528$14,543$13,459
13 years$21,938$19,197$16,756$14,592$12,682$11,648
14 years$20,161$17,450$15,055$12,953$11,117$10,132
15 years$18,623$15,941$13,593$11,552$9,788$8,851
16 years$17,278$14,625$12,324$10,343$8,651$7,760
17 years$16,093$13,469$11,214$9,294$7,670$6,824
18 years$15,041$12,446$10,237$8,375$6,820$6,017
19 years$14,100$11,535$9,372$7,568$6,079$5,318
20 years$13,255$10,719$8,601$6,854$5,430$4,710
21 years$12,491$9,984$7,911$6,221$4,859$4,178
22 years$11,797$9,320$7,291$5,656$4,355$3,712
23 years$11,165$8,717$6,732$5,151$3,910$3,303
24 years$10,586$8,167$6,226$4,698$3,514$2,942
25 years$10,055$7,664$5,767$4,290$3,162$2,623
26 years$9,565$7,203$5,348$3,923$2,848$2,341
27 years$9,112$6,779$4,966$3,591$2,568$2,091
28 years$8,692$6,388$4,617$3,290$2,317$1,869
29 years$8,302$6,026$4,296$3,017$2,092$1,672
30 years$7,939$5,691$4,002$2,769$1,891$1,496
31 years$7,599$5,380$3,731$2,543$1,709$1,340
32 years$7,282$5,091$3,481$2,337$1,546$1,200
33 years$6,984$4,821$3,250$2,149$1,399$1,075
34 years$6,705$4,569$3,037$1,977$1,267$964
35 years$6,442$4,334$2,839$1,820$1,147$865
36 years$6,194$4,113$2,656$1,676$1,040$776
37 years$5,960$3,907$2,486$1,545$942$696
38 years$5,739$3,713$2,328$1,424$854$625
39 years$5,530$3,531$2,181$1,313$775$561
40 years$5,332$3,359$2,044$1,211$703$503
41 years$5,144$3,197$1,917$1,117$637$452
42 years$4,965$3,045$1,798$1,031$578$406
43 years$4,795$2,901$1,687$952$525$365
44 years$4,634$2,766$1,584$879$477$328
45 years$4,480$2,637$1,487$812$433$294
46 years$4,333$2,516$1,397$750$393$264
47 years$4,193$2,401$1,312$693$357$238
48 years$4,059$2,292$1,233$640$324$214
49 years$3,930$2,189$1,159$591$294$192
50 years$3,808$2,091$1,090$547$267$172

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 $5,655 every year, while hoping to spend $58,111 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: 45/35/20 Blend
44$3,900,000$3,900,000$3,900,000$3,900,000
45$4,303,633$4,096,933$4,036,483$4,472,295
46$4,680,774$4,235,853$4,109,876$4,730,213
47$5,094,436$4,379,633$4,183,779$5,003,548
48$5,548,282$4,528,448$4,258,150$5,298,761
49$6,046,348$4,682,484$4,332,939$5,617,910
50$6,593,080$4,841,930$4,408,096$5,963,258
51$7,193,373$5,006,983$4,483,567$6,337,297
52$7,852,621$5,177,850$4,559,291$6,742,763
53$8,576,768$5,354,743$4,635,206$7,182,668
54$9,372,357$5,537,885$4,711,244$7,660,327
55$10,246,600$5,727,504$4,787,334$8,179,385
56$11,207,441$5,923,840$4,863,397$8,743,853
57$12,263,632$6,127,140$4,939,353$9,358,145
58$13,424,816$6,337,662$5,015,114$10,027,120
59$14,701,614$6,555,675$5,090,588$10,756,125
60$16,105,730$6,781,455$5,165,675$11,551,045
61$17,650,060$7,015,292$5,240,270$12,418,360
62$19,348,811$7,257,486$5,314,263$13,365,203
63$21,217,635$7,508,348$5,387,537$14,399,425
64$23,273,779$7,768,202$5,459,964$15,529,674
65$25,536,246$8,037,386$5,531,415$16,765,468
66$28,025,974$8,316,248$5,601,748$18,117,292
67$30,766,033$8,605,154$5,670,816$19,596,687
68$33,781,842$8,904,480$5,738,462$21,216,368
69$37,101,410$9,214,620$5,804,521$22,990,333
70$40,755,600$9,535,982$5,868,818$24,934,001
71$44,778,417$9,868,991$5,931,169$27,064,354
72$49,207,332$10,214,089$5,991,381$29,400,096
73$54,083,635$10,571,734$6,049,246$31,961,829
74$59,452,821$10,942,404$6,104,551$34,772,245
75$65,365,022$11,326,595$6,157,067$37,856,341
76$71,875,480$11,724,824$6,206,555$41,241,650
77$79,045,067$12,137,628$6,252,763$44,958,504
78$86,940,857$12,565,566$6,295,424$49,040,318
79$95,636,764$13,009,218$6,334,260$53,523,899
80$105,214,234$13,469,189$6,368,977$58,449,798
81$115,763,014$13,946,108$6,399,267$63,862,690
82$127,382,004$14,440,630$6,424,804$69,811,791
83$140,180,182$14,953,434$6,445,249$76,351,325
84$154,277,639$15,485,230$6,460,243$83,541,030
85$169,806,707$16,036,756$6,469,410$91,446,723
86$186,913,211$16,608,777$6,472,355$100,140,921
87$205,757,845$17,202,094$6,468,666$109,703,518
88$226,517,686$17,817,536$6,457,906$120,222,543
89$249,387,865$18,455,971$6,439,621$131,794,987
90$274,583,412$19,118,298$6,413,333$144,527,714
91$302,341,281$19,805,456$6,378,541$158,538,471
92$332,922,589$20,518,421$6,334,720$173,956,997
93$366,615,079$21,258,209$6,281,319$190,926,244
94$403,735,836$22,025,881$6,217,762$209,603,725
95$444,634,281$22,822,538$6,143,446$230,162,997
96$489,695,464$23,649,329$6,057,738$252,795,299
97$539,343,705$24,507,450$5,959,977$277,711,354
98$594,046,595$25,398,147$5,849,468$305,143,356
99$654,319,410$26,322,718$5,725,487$335,347,155
100$720,729,973$27,282,515$5,587,274$368,604,677