Can I retire at age 45 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$338,574$335,558$332,616$329,744$326,940$316,728
2 years$167,611$164,489$161,464$158,531$155,686$145,488
3 years$110,631$107,496$104,478$101,572$98,773$88,910
4 years$82,146$79,021$76,033$73,177$70,446$60,993
5 years$65,060$61,953$59,005$56,207$53,552$44,534
6 years$53,673$50,589$47,685$44,949$42,374$33,799
7 years$45,542$42,485$39,626$36,955$34,461$26,329
8 years$39,447$36,417$33,606$31,001$28,589$20,894
9 years$34,709$31,708$28,945$26,406$24,076$16,810
10 years$30,921$27,949$25,235$22,762$20,514$13,666
11 years$27,823$24,881$22,216$19,810$17,643$11,200
12 years$25,244$22,332$19,716$17,376$15,289$9,238
13 years$23,063$20,182$17,615$15,340$13,332$7,659
14 years$21,195$18,345$15,827$13,617$11,687$6,376
15 years$19,578$16,758$14,290$12,144$10,290$5,326
16 years$18,165$15,375$12,956$10,874$9,094$4,462
17 years$16,918$14,160$11,790$9,770$8,064$3,746
18 years$15,812$13,085$10,762$8,805$7,170$3,151
19 years$14,823$12,127$9,852$7,956$6,391$2,655
20 years$13,935$11,269$9,042$7,206$5,708$2,239
21 years$13,132$10,496$8,317$6,540$5,108$1,891
22 years$12,402$9,798$7,665$5,946$4,579$1,599
23 years$11,738$9,164$7,078$5,415$4,110$1,353
24 years$11,129$8,586$6,546$4,939$3,694$1,145
25 years$10,570$8,057$6,062$4,510$3,324$970
26 years$10,055$7,573$5,623$4,124$2,994$822
27 years$9,579$7,127$5,221$3,775$2,700$697
28 years$9,138$6,716$4,854$3,459$2,436$591
29 years$8,728$6,335$4,517$3,172$2,200$501
30 years$8,346$5,983$4,207$2,911$1,988$425
31 years$7,989$5,656$3,922$2,673$1,797$361
32 years$7,655$5,352$3,660$2,457$1,625$306
33 years$7,342$5,068$3,417$2,259$1,471$260
34 years$7,049$4,803$3,193$2,079$1,332$221
35 years$6,772$4,556$2,985$1,914$1,206$187
36 years$6,512$4,324$2,792$1,762$1,093$159
37 years$6,266$4,107$2,614$1,624$991$135
38 years$6,034$3,903$2,447$1,497$898$115
39 years$5,814$3,712$2,293$1,380$814$98
40 years$5,605$3,531$2,149$1,273$739$83
41 years$5,408$3,361$2,015$1,174$670$70
42 years$5,220$3,201$1,890$1,084$608$60
43 years$5,041$3,050$1,774$1,000$552$51
44 years$4,871$2,907$1,665$924$501$43
45 years$4,709$2,773$1,563$853$455$37
46 years$4,555$2,645$1,468$788$413$31
47 years$4,408$2,524$1,380$728$375$26
48 years$4,267$2,410$1,296$673$341$22
49 years$4,132$2,301$1,219$622$309$19
50 years$4,003$2,198$1,146$575$281$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,100,000, adding $2,970 every year, while hoping to spend $56,896 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: 73/11/16 Blend
44$4,100,000$4,100,000$4,100,000$4,100,000
45$4,521,264$4,303,964$4,240,414$4,834,744
46$4,921,896$4,454,321$4,321,931$5,193,285
47$5,361,485$4,610,139$4,404,271$5,578,675
48$5,843,946$4,771,625$4,487,404$5,999,344
49$6,373,588$4,938,995$4,571,292$6,458,778
50$6,955,162$5,112,473$4,655,898$6,960,817
51$7,593,897$5,292,293$4,741,179$7,509,689
52$8,295,556$5,478,697$4,827,090$8,110,051
53$9,066,488$5,671,938$4,913,583$8,767,031
54$9,913,686$5,872,279$5,000,603$9,486,276
55$10,844,853$6,079,992$5,088,095$10,274,008
56$11,868,479$6,295,362$5,175,997$11,137,076
57$12,993,915$6,518,686$5,264,244$12,083,027
58$14,231,462$6,750,270$5,352,764$13,120,173
59$15,592,473$6,990,435$5,441,484$14,257,671
60$17,089,453$7,239,514$5,530,321$15,505,606
61$18,736,181$7,497,854$5,619,191$16,875,089
62$20,547,840$7,765,816$5,708,001$18,378,360
63$22,541,155$8,043,777$5,796,655$20,028,903
64$24,734,557$8,332,127$5,885,048$21,841,572
65$27,148,354$8,631,273$5,973,069$23,832,733
66$29,804,921$8,941,640$6,060,601$26,020,415
67$32,728,912$9,263,669$6,147,520$28,424,483
68$35,947,492$9,597,820$6,233,694$31,066,821
69$39,490,595$9,944,572$6,318,981$33,971,541
70$43,391,202$10,304,423$6,403,234$37,165,211
71$47,685,658$10,677,893$6,486,295$40,677,101
72$52,414,007$11,065,522$6,567,998$44,539,460
73$57,620,377$11,467,874$6,648,167$48,787,825
74$63,353,391$11,885,535$6,726,617$53,461,347
75$69,666,629$12,319,118$6,803,150$58,603,168
76$76,619,129$12,769,259$6,877,559$64,260,822
77$84,275,949$13,236,621$6,949,626$70,486,685
78$92,708,777$13,721,897$7,019,120$77,338,471
79$101,996,609$14,225,807$7,085,798$84,879,770
80$112,226,494$14,749,101$7,149,402$93,180,656
81$123,494,353$15,292,564$7,209,664$102,318,339
82$135,905,887$15,857,010$7,266,298$112,377,900
83$149,577,574$16,443,290$7,319,005$123,453,088
84$164,637,765$17,052,290$7,367,471$135,647,208
85$181,227,899$17,684,934$7,411,363$149,074,094
86$199,503,835$18,342,186$7,450,334$163,859,183
87$219,637,323$19,025,050$7,484,017$180,140,696
88$241,817,626$19,734,574$7,512,028$198,070,946
89$266,253,305$20,471,849$7,533,962$217,817,771
90$293,174,187$21,238,014$7,549,394$239,566,120
91$322,833,535$22,034,257$7,557,879$263,519,796
92$355,510,436$22,861,817$7,558,950$289,903,382
93$391,512,441$23,721,986$7,552,114$318,964,355
94$431,178,457$24,616,111$7,536,858$350,975,427
95$474,881,958$25,545,599$7,512,640$386,237,114
96$523,034,499$26,511,915$7,478,895$425,080,574
97$576,089,609$27,516,589$7,435,029$467,870,729
98$634,547,066$28,561,219$7,380,420$515,009,715
99$698,957,618$29,647,470$7,314,415$566,940,671
100$769,928,179$30,777,080$7,236,332$624,151,923