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

Use the below retirement simulation to view the chances of a successful retirement.
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%11%
1 years$338,574$335,558$332,616$329,744$326,940$325,562
2 years$167,611$164,489$161,464$158,531$155,686$154,295
3 years$110,631$107,496$104,478$101,572$98,773$97,412
4 years$82,146$79,021$76,033$73,177$70,446$69,125
5 years$65,060$61,953$59,005$56,207$53,552$52,276
6 years$53,673$50,589$47,685$44,949$42,374$41,143
7 years$45,542$42,485$39,626$36,955$34,461$33,277
8 years$39,447$36,417$33,606$31,001$28,589$27,452
9 years$34,709$31,708$28,945$26,406$24,076$22,985
10 years$30,921$27,949$25,235$22,762$20,514$19,469
11 years$27,823$24,881$22,216$19,810$17,643$16,643
12 years$25,244$22,332$19,716$17,376$15,289$14,334
13 years$23,063$20,182$17,615$15,340$13,332$12,421
14 years$21,195$18,345$15,827$13,617$11,687$10,818
15 years$19,578$16,758$14,290$12,144$10,290$9,463
16 years$18,165$15,375$12,956$10,874$9,094$8,307
17 years$16,918$14,160$11,790$9,770$8,064$7,316
18 years$15,812$13,085$10,762$8,805$7,170$6,460
19 years$14,823$12,127$9,852$7,956$6,391$5,718
20 years$13,935$11,269$9,042$7,206$5,708$5,071
21 years$13,132$10,496$8,317$6,540$5,108$4,505
22 years$12,402$9,798$7,665$5,946$4,579$4,009
23 years$11,738$9,164$7,078$5,415$4,110$3,572
24 years$11,129$8,586$6,546$4,939$3,694$3,186
25 years$10,570$8,057$6,062$4,510$3,324$2,845
26 years$10,055$7,573$5,623$4,124$2,994$2,543
27 years$9,579$7,127$5,221$3,775$2,700$2,275
28 years$9,138$6,716$4,854$3,459$2,436$2,037
29 years$8,728$6,335$4,517$3,172$2,200$1,825
30 years$8,346$5,983$4,207$2,911$1,988$1,636
31 years$7,989$5,656$3,922$2,673$1,797$1,467
32 years$7,655$5,352$3,660$2,457$1,625$1,316
33 years$7,342$5,068$3,417$2,259$1,471$1,182
34 years$7,049$4,803$3,193$2,079$1,332$1,061
35 years$6,772$4,556$2,985$1,914$1,206$953
36 years$6,512$4,324$2,792$1,762$1,093$856
37 years$6,266$4,107$2,614$1,624$991$770
38 years$6,034$3,903$2,447$1,497$898$692
39 years$5,814$3,712$2,293$1,380$814$622
40 years$5,605$3,531$2,149$1,273$739$560
41 years$5,408$3,361$2,015$1,174$670$503
42 years$5,220$3,201$1,890$1,084$608$453
43 years$5,041$3,050$1,774$1,000$552$407
44 years$4,871$2,907$1,665$924$501$367
45 years$4,709$2,773$1,563$853$455$330
46 years$4,555$2,645$1,468$788$413$297
47 years$4,408$2,524$1,380$728$375$267
48 years$4,267$2,410$1,296$673$341$241
49 years$4,132$2,301$1,219$622$309$217
50 years$4,003$2,198$1,146$575$281$195

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 $4,924 every year, while hoping to spend $23,908 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: 48/37/15 Blend
44$4,100,000$4,100,000$4,100,000$4,100,000
45$4,523,279$4,305,979$4,242,429$4,721,230
46$4,959,216$4,491,534$4,359,113$5,044,132
47$5,438,816$4,685,380$4,478,904$5,391,687
48$5,966,510$4,887,898$4,601,881$5,768,543
49$6,547,176$5,099,487$4,728,126$6,177,449
50$7,186,190$5,320,564$4,857,720$6,621,422
51$7,889,476$5,551,566$4,990,749$7,103,780
52$8,663,562$5,792,953$5,127,299$7,628,166
53$9,515,640$6,045,202$5,267,457$8,198,584
54$10,453,634$6,308,815$5,411,316$8,819,435
55$11,486,276$6,584,319$5,558,966$9,495,556
56$12,623,189$6,872,263$5,710,504$10,232,266
57$13,874,974$7,173,223$5,866,026$11,035,410
58$15,253,314$7,487,804$6,025,630$11,911,419
59$16,771,082$7,816,637$6,189,419$12,867,363
60$18,442,463$8,160,383$6,357,496$13,911,017
61$20,283,088$8,519,735$6,529,966$15,050,936
62$22,310,181$8,895,420$6,706,938$16,296,529
63$24,542,721$9,288,198$6,888,522$17,658,147
64$27,001,623$9,698,864$7,074,832$19,147,180
65$29,709,933$10,128,252$7,265,982$20,776,160
66$32,693,045$10,577,236$7,462,092$22,558,878
67$35,978,945$11,046,730$7,663,282$24,510,509
68$39,598,470$11,537,692$7,869,674$26,647,757
69$43,585,602$12,051,126$8,081,395$28,989,005
70$47,977,785$12,588,083$8,298,574$31,554,490
71$52,816,284$13,149,665$8,521,342$34,366,485
72$58,146,571$13,737,024$8,749,832$37,449,512
73$64,018,752$14,351,368$8,984,182$40,830,566
74$70,488,044$14,993,965$9,224,531$44,539,368
75$77,615,294$15,666,139$9,471,023$48,608,639
76$85,467,554$16,369,280$9,723,803$53,074,410
77$94,118,713$17,104,843$9,983,018$57,976,352
78$103,650,194$17,874,353$10,248,822$63,358,152
79$114,151,725$18,679,407$10,521,369$69,267,915
80$125,722,182$19,521,679$10,800,815$75,758,617
81$138,470,526$20,402,922$11,087,324$82,888,599
82$152,516,828$21,324,974$11,381,057$90,722,114
83$167,993,405$22,289,759$11,682,184$99,329,925
84$185,046,069$23,299,294$11,990,874$108,789,970
85$203,835,501$24,355,692$12,307,301$119,188,090
86$224,538,769$25,461,168$12,631,643$130,618,833
87$247,351,000$26,618,041$12,964,079$143,186,344
88$272,487,220$27,828,744$13,304,794$157,005,335
89$300,184,388$29,095,823$13,653,976$172,202,164
90$330,703,625$30,421,949$14,011,814$188,916,023
91$364,332,689$31,809,918$14,378,503$207,300,237
92$401,388,682$33,262,662$14,754,242$227,523,710
93$442,221,048$34,783,254$15,139,230$249,772,510
94$487,214,874$36,374,913$15,533,673$274,251,611
95$536,794,520$38,041,012$15,937,780$301,186,826
96$591,427,627$39,785,087$16,351,761$330,826,924
97$651,629,532$41,610,844$16,775,833$363,445,969
98$717,968,135$43,522,166$17,210,214$399,345,899
99$791,069,256$45,523,124$17,655,127$438,859,362
100$871,622,545$47,617,981$18,110,799$482,352,847