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%16.6%
1 years$330,316$327,374$324,503$321,702$318,966$310,374
2 years$163,523$160,477$157,526$154,664$151,888$143,293
3 years$107,932$104,874$101,930$99,095$96,364$88,035
4 years$80,143$77,093$74,179$71,392$68,728$60,729
5 years$63,473$60,442$57,566$54,836$52,246$44,599
6 years$52,364$49,356$46,522$43,853$41,340$34,053
7 years$44,431$41,449$38,660$36,054$33,621$26,693
8 years$38,485$35,529$32,787$30,245$27,892$21,320
9 years$33,863$30,935$28,239$25,762$23,489$17,268
10 years$30,167$27,267$24,619$22,207$20,014$14,135
11 years$27,145$24,274$21,675$19,327$17,212$11,667
12 years$24,628$21,787$19,236$16,952$14,916$9,693
13 years$22,501$19,689$17,186$14,966$13,007$8,097
14 years$20,678$17,897$15,441$13,285$11,402$6,792
15 years$19,101$16,349$13,942$11,848$10,039$5,718
16 years$17,722$15,000$12,640$10,609$8,873$4,827
17 years$16,506$13,815$11,502$9,532$7,867$4,086
18 years$15,426$12,765$10,500$8,590$6,995$3,465
19 years$14,462$11,831$9,612$7,762$6,235$2,943
20 years$13,595$10,994$8,821$7,030$5,569$2,504
21 years$12,811$10,240$8,114$6,380$4,984$2,133
22 years$12,100$9,559$7,478$5,801$4,467$1,818
23 years$11,451$8,940$6,905$5,283$4,010$1,552
24 years$10,858$8,376$6,386$4,818$3,604$1,325
25 years$10,313$7,861$5,915$4,400$3,243$1,132
26 years$9,810$7,388$5,486$4,024$2,921$968
27 years$9,346$6,953$5,094$3,683$2,634$828
28 years$8,915$6,552$4,735$3,374$2,377$709
29 years$8,515$6,181$4,407$3,094$2,146$606
30 years$8,142$5,837$4,105$2,840$1,939$519
31 years$7,794$5,518$3,827$2,608$1,753$445
32 years$7,469$5,221$3,570$2,397$1,586$381
33 years$7,163$4,945$3,334$2,204$1,435$326
34 years$6,877$4,686$3,115$2,028$1,299$280
35 years$6,607$4,445$2,912$1,867$1,177$240
36 years$6,353$4,219$2,724$1,719$1,066$205
37 years$6,113$4,007$2,550$1,584$966$176
38 years$5,886$3,808$2,388$1,460$876$151
39 years$5,672$3,621$2,237$1,346$795$129
40 years$5,469$3,445$2,097$1,242$721$111
41 years$5,276$3,279$1,966$1,146$654$95
42 years$5,093$3,123$1,844$1,057$593$82
43 years$4,918$2,976$1,731$976$538$70
44 years$4,753$2,837$1,624$901$489$60
45 years$4,595$2,705$1,525$832$444$51
46 years$4,444$2,580$1,433$769$403$44
47 years$4,300$2,462$1,346$710$366$38
48 years$4,163$2,351$1,265$656$332$32
49 years$4,031$2,245$1,189$607$302$28
50 years$3,905$2,144$1,118$561$274$24

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 $5,386 every year, while hoping to spend $28,537 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: 49/45/6 Blend
44$4,000,000$4,000,000$4,000,000$4,000,000
45$4,413,556$4,201,556$4,139,556$4,622,859
46$4,833,375$4,377,069$4,247,868$4,941,780
47$5,295,060$4,560,226$4,358,852$5,284,492
48$5,802,850$4,751,370$4,472,567$5,656,043
49$6,361,417$4,950,864$4,589,074$6,059,129
50$6,975,908$5,159,083$4,708,435$6,496,711
51$7,651,994$5,376,421$4,830,711$6,972,041
52$8,395,924$5,603,293$4,955,967$7,488,693
53$9,214,583$5,840,129$5,084,266$8,050,592
54$10,115,557$6,087,382$5,215,676$8,662,052
55$11,107,205$6,345,524$5,350,262$9,327,815
56$12,198,736$6,615,051$5,488,092$10,053,091
57$13,400,299$6,896,481$5,629,235$10,843,608
58$14,723,077$7,190,355$5,773,761$11,705,667
59$16,179,390$7,497,242$5,921,741$12,646,191
60$17,782,815$7,817,734$6,073,247$13,672,798
61$19,548,313$8,152,455$6,228,352$14,793,864
62$21,492,370$8,502,053$6,387,130$16,018,602
63$23,633,149$8,867,211$6,549,656$17,357,148
64$25,990,667$9,248,641$6,716,007$18,820,650
65$28,586,980$9,647,090$6,886,258$20,421,376
66$31,446,393$10,063,339$7,060,489$22,172,824
67$34,595,688$10,498,205$7,238,778$24,089,846
68$38,064,377$10,952,545$7,421,206$26,188,788
69$41,884,979$11,427,256$7,607,852$28,487,638
70$46,093,331$11,923,276$7,798,799$31,006,195
71$50,728,922$12,441,587$7,994,130$33,766,252
72$55,835,266$12,983,219$8,193,927$36,791,796
73$61,460,315$13,549,249$8,398,276$40,109,234
74$67,656,909$14,140,804$8,607,260$43,747,638
75$74,483,277$14,759,066$8,820,966$47,739,011
76$82,003,583$15,405,272$9,039,481$52,118,592
77$90,288,535$16,080,718$9,262,890$56,925,177
78$99,416,051$16,786,758$9,491,282$62,201,488
79$109,471,993$17,524,814$9,724,745$67,994,563
80$120,550,979$18,296,373$9,963,367$74,356,202
81$132,757,277$19,102,993$10,207,238$81,343,450
82$146,205,785$19,946,306$10,456,446$89,019,124
83$161,023,120$20,828,020$10,711,082$97,452,408
84$177,348,810$21,749,925$10,971,235$106,719,494
85$195,336,613$22,713,894$11,236,995$116,904,300
86$215,155,965$23,721,893$11,508,452$128,099,250
87$236,993,584$24,775,977$11,785,696$140,406,144
88$261,055,229$25,878,299$12,068,817$153,937,111
89$287,567,644$27,031,117$12,357,903$168,815,659
90$316,780,695$28,236,793$12,653,045$185,177,833
91$348,969,734$29,497,804$12,954,329$203,173,490
92$384,438,193$30,816,743$13,261,846$222,967,709
93$423,520,452$32,196,326$13,575,681$244,742,335
94$466,584,992$33,639,400$13,895,920$268,697,691
95$514,037,878$35,148,947$14,222,650$295,054,456
96$566,326,586$36,728,090$14,555,953$324,055,738
97$623,944,232$38,380,101$14,895,912$355,969,362
98$687,434,227$40,108,410$15,242,609$391,090,381
99$757,395,404$41,916,607$15,596,122$429,743,853
100$834,487,672$43,808,458$15,956,528$472,287,899