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%16.8%
1 years$330,316$327,374$324,503$321,702$318,966$310,123
2 years$163,523$160,477$157,526$154,664$151,888$143,046
3 years$107,932$104,874$101,930$99,095$96,364$87,798
4 years$80,143$77,093$74,179$71,392$68,728$60,504
5 years$63,473$60,442$57,566$54,836$52,246$44,387
6 years$52,364$49,356$46,522$43,853$41,340$33,854
7 years$44,431$41,449$38,660$36,054$33,621$26,507
8 years$38,485$35,529$32,787$30,245$27,892$21,147
9 years$33,863$30,935$28,239$25,762$23,489$17,107
10 years$30,167$27,267$24,619$22,207$20,014$13,986
11 years$27,145$24,274$21,675$19,327$17,212$11,529
12 years$24,628$21,787$19,236$16,952$14,916$9,566
13 years$22,501$19,689$17,186$14,966$13,007$7,979
14 years$20,678$17,897$15,441$13,285$11,402$6,684
15 years$19,101$16,349$13,942$11,848$10,039$5,619
16 years$17,722$15,000$12,640$10,609$8,873$4,738
17 years$16,506$13,815$11,502$9,532$7,867$4,004
18 years$15,426$12,765$10,500$8,590$6,995$3,390
19 years$14,462$11,831$9,612$7,762$6,235$2,876
20 years$13,595$10,994$8,821$7,030$5,569$2,443
21 years$12,811$10,240$8,114$6,380$4,984$2,077
22 years$12,100$9,559$7,478$5,801$4,467$1,768
23 years$11,451$8,940$6,905$5,283$4,010$1,507
24 years$10,858$8,376$6,386$4,818$3,604$1,285
25 years$10,313$7,861$5,915$4,400$3,243$1,096
26 years$9,810$7,388$5,486$4,024$2,921$936
27 years$9,346$6,953$5,094$3,683$2,634$799
28 years$8,915$6,552$4,735$3,374$2,377$682
29 years$8,515$6,181$4,407$3,094$2,146$583
30 years$8,142$5,837$4,105$2,840$1,939$499
31 years$7,794$5,518$3,827$2,608$1,753$426
32 years$7,469$5,221$3,570$2,397$1,586$365
33 years$7,163$4,945$3,334$2,204$1,435$312
34 years$6,877$4,686$3,115$2,028$1,299$267
35 years$6,607$4,445$2,912$1,867$1,177$228
36 years$6,353$4,219$2,724$1,719$1,066$195
37 years$6,113$4,007$2,550$1,584$966$167
38 years$5,886$3,808$2,388$1,460$876$143
39 years$5,672$3,621$2,237$1,346$795$122
40 years$5,469$3,445$2,097$1,242$721$105
41 years$5,276$3,279$1,966$1,146$654$90
42 years$5,093$3,123$1,844$1,057$593$77
43 years$4,918$2,976$1,731$976$538$66
44 years$4,753$2,837$1,624$901$489$56
45 years$4,595$2,705$1,525$832$444$48
46 years$4,444$2,580$1,433$769$403$41
47 years$4,300$2,462$1,346$710$366$35
48 years$4,163$2,351$1,265$656$332$30
49 years$4,031$2,245$1,189$607$302$26
50 years$3,905$2,144$1,118$561$274$22

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 $4,139 every year, while hoping to spend $49,892 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: 73/8/19 Blend
44$4,000,000$4,000,000$4,000,000$4,000,000
45$4,412,269$4,200,269$4,138,269$4,714,230
46$4,809,236$4,352,998$4,223,817$5,068,050
47$5,245,021$4,511,538$4,310,558$5,449,101
48$5,723,532$4,676,122$4,398,480$5,865,267
49$6,249,071$4,846,991$4,487,568$6,320,026
50$6,826,380$5,024,397$4,577,805$6,817,211
51$7,460,682$5,208,603$4,669,173$7,361,042
52$8,157,730$5,399,883$4,761,648$7,956,165
53$8,923,862$5,598,521$4,855,207$8,607,700
54$9,766,063$5,804,815$4,949,823$9,321,284
55$10,692,024$6,019,075$5,045,466$10,103,127
56$11,710,224$6,241,622$5,142,102$10,960,067
57$12,829,999$6,472,794$5,239,695$11,899,638
58$14,061,640$6,712,942$5,338,205$12,930,140
59$15,416,481$6,962,431$5,437,589$14,060,715
60$16,907,015$7,221,642$5,537,801$15,301,432
61$18,547,001$7,490,973$5,638,787$16,663,386
62$20,351,603$7,770,838$5,740,495$18,158,800
63$22,337,527$8,061,671$5,842,863$19,801,138
64$24,523,183$8,363,921$5,945,827$21,605,235
65$26,928,854$8,678,059$6,049,318$23,587,433
66$29,576,889$9,004,575$6,153,262$25,765,738
67$32,491,914$9,343,982$6,257,578$28,159,990
68$35,701,064$9,696,812$6,362,182$30,792,045
69$39,234,239$10,063,623$6,466,982$33,685,985
70$43,124,386$10,444,994$6,571,880$36,868,345
71$47,407,808$10,841,533$6,676,773$40,368,359
72$52,124,508$11,253,872$6,781,548$44,218,241
73$57,318,565$11,682,670$6,886,088$48,453,483
74$63,038,554$12,128,616$6,990,267$53,113,193
75$69,337,997$12,592,428$7,093,951$58,240,463
76$76,275,872$13,074,856$7,196,998$63,882,775
77$83,917,171$13,576,684$7,299,257$70,092,447
78$92,333,508$14,098,728$7,400,568$76,927,128
79$101,603,801$14,641,840$7,500,762$84,450,343
80$111,815,010$15,206,912$7,599,659$92,732,088
81$123,062,963$15,794,873$7,697,070$101,849,492
82$135,453,256$16,406,692$7,792,792$111,887,547
83$149,102,252$17,043,383$7,886,614$122,939,905
84$164,138,177$17,706,005$7,978,311$135,109,766
85$180,702,333$18,395,661$8,067,647$148,510,845
86$198,950,427$19,113,505$8,154,369$163,268,453
87$219,054,046$19,860,741$8,238,216$179,520,673
88$241,202,270$20,638,629$8,318,907$197,419,664
89$265,603,461$21,448,482$8,396,150$217,133,098
90$292,487,228$22,291,671$8,469,636$238,845,741
91$322,106,595$23,169,632$8,539,038$262,761,198
92$354,740,385$24,083,862$8,604,013$289,103,830
93$390,695,858$25,035,925$8,664,201$318,120,876
94$430,311,605$26,027,455$8,719,222$350,084,783
95$473,960,749$27,060,161$8,768,676$385,295,777
96$522,054,463$28,135,826$8,812,144$424,084,699
97$575,045,851$29,256,315$8,849,184$466,816,124
98$633,434,229$30,423,575$8,879,333$513,891,804
99$697,769,833$31,639,643$8,902,103$565,754,459
100$768,659,016$32,906,646$8,916,983$622,891,953