Can I retire at age 45 with 4,200,000?

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 $4,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$346,832$343,743$340,729$337,787$334,914$326,685
2 years$171,699$168,501$165,402$162,397$159,483$151,243
3 years$113,329$110,117$107,026$104,050$101,182$93,189
4 years$84,150$80,948$77,888$74,962$72,164$64,479
5 years$66,647$63,464$60,444$57,578$54,858$47,503
6 years$54,982$51,823$48,848$46,046$43,407$36,389
7 years$46,653$43,521$40,593$37,857$35,302$28,622
8 years$40,409$37,306$34,426$31,757$29,286$22,941
9 years$35,556$32,481$29,651$27,050$24,663$18,648
10 years$31,675$28,631$25,850$23,317$21,014$15,322
11 years$28,502$25,488$22,758$20,293$18,073$12,695
12 years$25,860$22,877$20,197$17,800$15,662$10,589
13 years$23,626$20,674$18,045$15,714$13,657$8,881
14 years$21,712$18,792$16,214$13,950$11,972$7,480
15 years$20,056$17,167$14,639$12,441$10,541$6,324
16 years$18,608$15,750$13,272$11,139$9,316$5,362
17 years$17,331$14,505$12,077$10,008$8,260$4,558
18 years$16,198$13,404$11,025$9,020$7,345$3,883
19 years$15,185$12,422$10,093$8,150$6,547$3,313
20 years$14,274$11,543$9,263$7,381$5,847$2,831
21 years$13,452$10,752$8,520$6,699$5,233$2,423
22 years$12,705$10,037$7,852$6,091$4,690$2,075
23 years$12,024$9,387$7,250$5,547$4,210$1,779
24 years$11,401$8,795$6,705$5,059$3,784$1,527
25 years$10,828$8,254$6,210$4,621$3,405$1,311
26 years$10,301$7,757$5,760$4,225$3,067$1,126
27 years$9,813$7,301$5,348$3,867$2,766$968
28 years$9,361$6,879$4,972$3,543$2,495$832
29 years$8,941$6,490$4,627$3,249$2,253$716
30 years$8,549$6,129$4,310$2,982$2,036$616
31 years$8,184$5,794$4,018$2,739$1,841$530
32 years$7,842$5,482$3,749$2,517$1,665$456
33 years$7,522$5,192$3,500$2,314$1,507$393
34 years$7,221$4,921$3,270$2,129$1,364$338
35 years$6,937$4,667$3,058$1,960$1,236$291
36 years$6,671$4,430$2,860$1,805$1,120$251
37 years$6,419$4,207$2,677$1,663$1,015$216
38 years$6,181$3,998$2,507$1,533$920$186
39 years$5,956$3,802$2,349$1,414$834$161
40 years$5,742$3,617$2,202$1,304$757$138
41 years$5,540$3,443$2,064$1,203$687$119
42 years$5,347$3,279$1,937$1,110$623$103
43 years$5,164$3,125$1,817$1,025$565$89
44 years$4,990$2,978$1,706$946$513$76
45 years$4,824$2,840$1,602$874$466$66
46 years$4,666$2,709$1,504$807$423$57
47 years$4,515$2,586$1,413$746$384$49
48 years$4,371$2,468$1,328$689$349$42
49 years$4,233$2,357$1,248$637$317$36
50 years$4,101$2,252$1,174$589$288$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,200,000, adding $5,934 every year, while hoping to spend $42,183 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: 56/17/27 Blend
44$4,200,000$4,200,000$4,200,000$4,200,000
45$4,634,521$4,411,921$4,346,821$4,859,336
46$5,062,360$4,583,223$4,447,557$5,185,822
47$5,532,424$4,761,504$4,550,254$5,536,463
48$6,048,977$4,947,064$4,654,933$5,917,648
49$6,616,714$5,140,211$4,761,614$6,332,334
50$7,240,808$5,341,271$4,870,318$6,783,779
51$7,926,960$5,550,582$4,981,063$7,275,566
52$8,681,448$5,768,499$5,093,867$7,811,637
53$9,511,190$5,995,390$5,208,746$8,396,333
54$10,423,810$6,231,643$5,325,718$9,034,431
55$11,427,706$6,477,660$5,444,796$9,731,190
56$12,532,129$6,733,863$5,565,994$10,492,400
57$13,747,276$7,000,692$5,689,325$11,324,433
58$15,084,380$7,278,607$5,814,798$12,234,308
59$16,555,816$7,568,089$5,942,424$13,229,750
60$18,175,224$7,869,639$6,072,209$14,319,268
61$19,957,628$8,183,783$6,204,160$15,512,229
62$21,919,586$8,511,069$6,338,279$16,818,951
63$24,079,342$8,852,069$6,474,570$18,250,794
64$26,456,998$9,207,384$6,613,031$19,820,272
65$29,074,704$9,577,637$6,753,659$21,541,163
66$31,956,867$9,963,485$6,896,450$23,428,647
67$35,130,382$10,365,610$7,041,396$25,499,440
68$38,624,884$10,784,728$7,188,486$27,771,955
69$42,473,027$11,221,586$7,337,706$30,266,473
70$46,710,797$11,676,964$7,489,039$33,005,337
71$51,377,842$12,151,679$7,642,467$36,013,155
72$56,517,857$12,646,586$7,797,964$39,317,037
73$62,178,986$13,162,577$7,955,504$42,946,846
74$68,414,285$13,700,585$8,115,055$46,935,482
75$75,282,214$14,261,586$8,276,581$51,319,186
76$82,847,197$14,846,601$8,440,044$56,137,887
77$91,180,224$15,456,697$8,605,398$61,435,571
78$100,359,521$16,092,990$8,772,594$67,260,699
79$110,471,293$16,756,647$8,941,576$73,666,664
80$121,610,531$17,448,889$9,112,285$80,712,286
81$133,881,913$18,170,992$9,284,654$88,462,376
82$147,400,790$18,924,293$9,458,612$96,988,335
83$162,294,275$19,710,187$9,634,080$106,368,836
84$178,702,441$20,530,136$9,810,971$116,690,557
85$196,779,645$21,385,668$9,989,194$128,049,003
86$216,695,986$22,278,383$10,168,649$140,549,402
87$238,638,905$23,209,952$10,349,227$154,307,696
88$262,814,959$24,182,125$10,530,812$169,451,636
89$289,451,770$25,196,735$10,713,279$186,121,984
90$318,800,170$26,255,695$10,896,494$204,473,839
91$351,136,574$27,361,010$11,080,313$224,678,097
92$386,765,582$28,514,777$11,264,581$246,923,066
93$426,022,861$29,719,191$11,449,135$271,416,239
94$469,278,310$30,976,548$11,633,797$298,386,247
95$516,939,549$32,289,250$11,818,381$328,085,019
96$569,455,772$33,659,813$12,002,686$360,790,154
97$627,321,984$35,090,867$12,186,500$396,807,540
98$691,083,675$36,585,168$12,369,595$436,474,237
99$761,341,965$38,145,596$12,551,732$480,161,657
100$838,759,286$39,775,171$12,732,655$528,279,066