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%17.1%
1 years$338,574$335,558$332,616$329,744$326,940$317,492
2 years$167,611$164,489$161,464$158,531$155,686$146,242
3 years$110,631$107,496$104,478$101,572$98,773$89,630
4 years$82,146$79,021$76,033$73,177$70,446$61,673
5 years$65,060$61,953$59,005$56,207$53,552$45,174
6 years$53,673$50,589$47,685$44,949$42,374$34,397
7 years$45,542$42,485$39,626$36,955$34,461$26,887
8 years$39,447$36,417$33,606$31,001$28,589$21,412
9 years$34,709$31,708$28,945$26,406$24,076$17,290
10 years$30,921$27,949$25,235$22,762$20,514$14,109
11 years$27,823$24,881$22,216$19,810$17,643$11,608
12 years$25,244$22,332$19,716$17,376$15,289$9,613
13 years$23,063$20,182$17,615$15,340$13,332$8,002
14 years$21,195$18,345$15,827$13,617$11,687$6,690
15 years$19,578$16,758$14,290$12,144$10,290$5,612
16 years$18,165$15,375$12,956$10,874$9,094$4,721
17 years$16,918$14,160$11,790$9,770$8,064$3,981
18 years$15,812$13,085$10,762$8,805$7,170$3,364
19 years$14,823$12,127$9,852$7,956$6,391$2,847
20 years$13,935$11,269$9,042$7,206$5,708$2,413
21 years$13,132$10,496$8,317$6,540$5,108$2,047
22 years$12,402$9,798$7,665$5,946$4,579$1,738
23 years$11,738$9,164$7,078$5,415$4,110$1,478
24 years$11,129$8,586$6,546$4,939$3,694$1,257
25 years$10,570$8,057$6,062$4,510$3,324$1,070
26 years$10,055$7,573$5,623$4,124$2,994$911
27 years$9,579$7,127$5,221$3,775$2,700$776
28 years$9,138$6,716$4,854$3,459$2,436$661
29 years$8,728$6,335$4,517$3,172$2,200$564
30 years$8,346$5,983$4,207$2,911$1,988$481
31 years$7,989$5,656$3,922$2,673$1,797$410
32 years$7,655$5,352$3,660$2,457$1,625$350
33 years$7,342$5,068$3,417$2,259$1,471$298
34 years$7,049$4,803$3,193$2,079$1,332$255
35 years$6,772$4,556$2,985$1,914$1,206$217
36 years$6,512$4,324$2,792$1,762$1,093$185
37 years$6,266$4,107$2,614$1,624$991$158
38 years$6,034$3,903$2,447$1,497$898$135
39 years$5,814$3,712$2,293$1,380$814$115
40 years$5,605$3,531$2,149$1,273$739$98
41 years$5,408$3,361$2,015$1,174$670$84
42 years$5,220$3,201$1,890$1,084$608$72
43 years$5,041$3,050$1,774$1,000$552$61
44 years$4,871$2,907$1,665$924$501$52
45 years$4,709$2,773$1,563$853$455$45
46 years$4,555$2,645$1,468$788$413$38
47 years$4,408$2,524$1,380$728$375$33
48 years$4,267$2,410$1,296$673$341$28
49 years$4,132$2,301$1,219$622$309$24
50 years$4,003$2,198$1,146$575$281$20

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 $6,588 every year, while hoping to spend $56,063 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: 71/6/23 Blend
44$4,100,000$4,100,000$4,100,000$4,100,000
45$4,524,996$4,307,696$4,244,146$4,819,863
46$4,926,894$4,459,122$4,326,674$5,168,985
47$5,367,908$4,616,089$4,410,088$5,543,906
48$5,851,967$4,778,810$4,494,358$5,953,078
49$6,383,401$4,947,505$4,579,452$6,399,893
50$6,966,978$5,122,403$4,665,334$6,888,090
51$7,607,954$5,303,745$4,751,967$7,421,785
52$8,312,114$5,491,777$4,839,307$8,005,513
53$9,085,836$5,686,761$4,927,310$8,644,267
54$9,936,143$5,888,964$5,015,926$9,343,549
55$10,870,773$6,098,666$5,105,103$10,109,419
56$11,898,251$6,316,160$5,194,784$10,948,551
57$13,027,970$6,541,749$5,284,906$11,868,300
58$14,270,277$6,775,749$5,375,405$12,876,766
59$15,636,574$7,018,489$5,466,209$13,982,872
60$17,139,420$7,270,311$5,557,243$15,196,452
61$18,792,657$7,531,572$5,648,426$16,528,336
62$20,611,531$7,802,642$5,739,672$17,990,459
63$22,612,844$8,083,909$5,830,888$19,595,969
64$24,815,108$8,375,774$5,921,976$21,359,350
65$27,238,719$8,678,657$6,012,832$23,296,565
66$29,906,151$8,992,993$6,103,345$25,425,198
67$32,842,167$9,319,239$6,193,396$27,764,626
68$36,074,053$9,657,866$6,282,859$30,336,196
69$39,631,873$10,009,369$6,371,602$33,163,433
70$43,548,757$10,374,261$6,459,484$36,272,256
71$47,861,208$10,753,077$6,546,354$39,691,225
72$52,609,448$11,146,375$6,632,054$43,451,808
73$57,837,801$11,554,737$6,716,417$47,588,681
74$63,595,105$11,978,767$6,799,265$52,140,052
75$69,935,175$12,419,096$6,880,410$57,148,026
76$76,917,315$12,876,383$6,959,655$62,658,993
77$84,606,868$13,351,313$7,036,790$68,724,076
78$93,075,841$13,844,600$7,111,595$75,399,608
79$102,403,580$14,356,989$7,183,837$82,747,660
80$112,677,519$14,889,256$7,253,270$90,836,636
81$123,994,007$15,442,210$7,319,635$99,741,908
82$136,459,213$16,016,695$7,382,661$109,546,536
83$150,190,131$16,613,592$7,442,058$120,342,046
84$165,315,683$17,233,817$7,497,526$132,229,294
85$181,977,936$17,878,327$7,548,746$145,319,422
86$200,333,440$18,548,120$7,595,384$159,734,902
87$220,554,709$19,244,236$7,637,087$175,610,693
88$242,831,846$19,967,760$7,673,486$193,095,518
89$267,374,339$20,719,824$7,704,192$212,353,263
90$294,413,035$21,501,610$7,728,797$233,564,526
91$324,202,324$22,314,347$7,746,870$256,928,322
92$357,022,533$23,159,323$7,757,963$282,663,961
93$393,182,579$24,037,877$7,761,602$311,013,115
94$433,022,877$24,951,408$7,757,291$342,242,104
95$476,918,559$25,901,376$7,744,509$376,644,408
96$525,283,013$26,889,304$7,722,711$414,543,436
97$578,571,782$27,916,781$7,691,323$456,295,579
98$637,286,867$28,985,467$7,649,745$502,293,574
99$701,981,464$30,097,092$7,597,349$552,970,215
100$773,265,188$31,253,464$7,533,475$608,802,433