Can I retire at age 45 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$330,316$327,374$324,503$321,702$318,966$315,503
2 years$163,523$160,477$157,526$154,664$151,888$148,402
3 years$107,932$104,874$101,930$99,095$96,364$92,963
4 years$80,143$77,093$74,179$71,392$68,728$65,437
5 years$63,473$60,442$57,566$54,836$52,246$49,075
6 years$52,364$49,356$46,522$43,853$41,340$38,294
7 years$44,431$41,449$38,660$36,054$33,621$30,699
8 years$38,485$35,529$32,787$30,245$27,892$25,095
9 years$33,863$30,935$28,239$25,762$23,489$20,817
10 years$30,167$27,267$24,619$22,207$20,014$17,464
11 years$27,145$24,274$21,675$19,327$17,212$14,783
12 years$24,628$21,787$19,236$16,952$14,916$12,604
13 years$22,501$19,689$17,186$14,966$13,007$10,810
14 years$20,678$17,897$15,441$13,285$11,402$9,317
15 years$19,101$16,349$13,942$11,848$10,039$8,063
16 years$17,722$15,000$12,640$10,609$8,873$7,002
17 years$16,506$13,815$11,502$9,532$7,867$6,098
18 years$15,426$12,765$10,500$8,590$6,995$5,324
19 years$14,462$11,831$9,612$7,762$6,235$4,659
20 years$13,595$10,994$8,821$7,030$5,569$4,084
21 years$12,811$10,240$8,114$6,380$4,984$3,586
22 years$12,100$9,559$7,478$5,801$4,467$3,153
23 years$11,451$8,940$6,905$5,283$4,010$2,775
24 years$10,858$8,376$6,386$4,818$3,604$2,446
25 years$10,313$7,861$5,915$4,400$3,243$2,157
26 years$9,810$7,388$5,486$4,024$2,921$1,904
27 years$9,346$6,953$5,094$3,683$2,634$1,682
28 years$8,915$6,552$4,735$3,374$2,377$1,487
29 years$8,515$6,181$4,407$3,094$2,146$1,315
30 years$8,142$5,837$4,105$2,840$1,939$1,163
31 years$7,794$5,518$3,827$2,608$1,753$1,030
32 years$7,469$5,221$3,570$2,397$1,586$912
33 years$7,163$4,945$3,334$2,204$1,435$808
34 years$6,877$4,686$3,115$2,028$1,299$716
35 years$6,607$4,445$2,912$1,867$1,177$634
36 years$6,353$4,219$2,724$1,719$1,066$562
37 years$6,113$4,007$2,550$1,584$966$499
38 years$5,886$3,808$2,388$1,460$876$442
39 years$5,672$3,621$2,237$1,346$795$392
40 years$5,469$3,445$2,097$1,242$721$348
41 years$5,276$3,279$1,966$1,146$654$309
42 years$5,093$3,123$1,844$1,057$593$274
43 years$4,918$2,976$1,731$976$538$243
44 years$4,753$2,837$1,624$901$489$216
45 years$4,595$2,705$1,525$832$444$192
46 years$4,444$2,580$1,433$769$403$170
47 years$4,300$2,462$1,346$710$366$151
48 years$4,163$2,351$1,265$656$332$134
49 years$4,031$2,245$1,189$607$302$119
50 years$3,905$2,144$1,118$561$274$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,000,000, adding $4,177 every year, while hoping to spend $49,623 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: 61/14/25 Blend
44$4,000,000$4,000,000$4,000,000$4,000,000
45$4,412,309$4,200,309$4,138,309$4,651,801
46$4,809,566$4,353,325$4,224,143$4,967,918
47$5,245,680$4,512,177$4,311,191$5,307,031
48$5,724,562$4,677,096$4,399,438$5,676,099
49$6,250,520$4,848,327$4,488,873$6,078,051
50$6,828,301$5,026,123$4,579,478$6,516,109
51$7,463,133$5,210,748$4,671,235$6,993,824
52$8,160,776$5,402,478$4,764,125$7,515,101
53$8,927,574$5,601,599$4,858,123$8,084,243
54$9,770,520$5,808,410$4,953,203$8,705,987
55$10,697,315$6,023,224$5,049,337$9,385,548
56$11,716,444$6,246,365$5,146,493$10,128,671
57$12,837,257$6,478,172$5,244,636$10,941,680
58$14,070,053$6,718,999$5,343,727$11,831,542
59$15,426,181$6,969,212$5,443,724$12,805,929
60$16,918,145$7,229,197$5,544,583$13,873,290
61$18,559,722$7,499,354$5,646,253$15,042,934
62$20,366,092$7,780,101$5,748,680$16,325,112
63$22,353,980$8,071,872$5,851,807$17,731,117
64$24,541,814$8,375,122$5,955,571$19,273,387
65$26,949,901$8,690,325$6,059,905$20,965,624
66$29,600,615$9,017,975$6,164,736$22,822,923
67$32,518,609$9,358,587$6,269,986$24,861,913
68$35,731,048$9,712,699$6,375,571$27,100,911
69$39,267,866$10,080,872$6,481,404$29,560,100
70$43,162,045$10,463,692$6,587,388$32,261,713
71$47,449,930$10,861,768$6,693,421$35,230,243
72$52,171,567$11,275,739$6,799,395$38,492,679
73$57,371,086$11,706,270$6,905,194$42,078,752
74$63,097,114$12,154,054$7,010,695$46,021,220
75$69,403,233$12,619,817$7,115,767$50,356,177
76$76,348,488$13,104,313$7,220,271$55,123,387
77$83,997,942$13,608,332$7,324,058$60,366,666
78$92,423,291$14,132,699$7,426,972$66,134,290
79$101,703,538$14,678,273$7,528,847$72,479,450
80$111,925,742$15,245,951$7,629,507$79,460,756
81$123,185,837$15,836,672$7,728,765$87,142,785
82$135,589,537$16,451,414$7,826,423$95,596,695
83$149,253,335$17,091,198$7,922,273$104,900,891
84$164,305,601$17,757,093$8,016,095$115,141,766
85$180,887,794$18,450,211$8,107,655$126,414,514
86$199,155,795$19,171,718$8,196,708$138,824,031
87$219,281,382$19,922,828$8,282,994$152,485,900
88$241,453,847$20,704,811$8,366,238$167,527,485
89$265,881,785$21,518,992$8,446,153$184,089,126
90$292,795,062$22,366,758$8,522,434$202,325,469
91$322,446,983$23,249,553$8,594,760$222,406,923
92$355,116,685$24,168,891$8,662,794$244,521,262
93$391,111,769$25,126,350$8,726,181$268,875,404
94$430,771,208$26,123,580$8,784,546$295,697,359
95$474,468,540$27,162,303$8,837,497$325,238,379
96$522,615,398$28,244,323$8,884,620$357,775,329
97$575,665,394$29,371,520$8,925,480$393,613,302
98$634,118,401$30,545,861$8,959,620$433,088,493
99$698,525,271$31,769,402$8,986,561$476,571,376
100$769,493,036$33,044,291$9,005,798$524,470,194