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

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 $4,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$346,832$343,743$340,729$337,787$334,914$321,880
2 years$171,699$168,501$165,402$162,397$159,483$146,509
3 years$113,329$110,117$107,026$104,050$101,182$88,677
4 years$84,150$80,948$77,888$74,962$72,164$60,222
5 years$66,647$63,464$60,444$57,578$54,858$43,510
6 years$54,982$51,823$48,848$46,046$43,407$32,661
7 years$46,653$43,521$40,593$37,857$35,302$25,153
8 years$40,409$37,306$34,426$31,757$29,286$19,726
9 years$35,556$32,481$29,651$27,050$24,663$15,677
10 years$31,675$28,631$25,850$23,317$21,014$12,585
11 years$28,502$25,488$22,758$20,293$18,073$10,181
12 years$25,860$22,877$20,197$17,800$15,662$8,286
13 years$23,626$20,674$18,045$15,714$13,657$6,777
14 years$21,712$18,792$16,214$13,950$11,972$5,564
15 years$20,056$17,167$14,639$12,441$10,541$4,582
16 years$18,608$15,750$13,272$11,139$9,316$3,783
17 years$17,331$14,505$12,077$10,008$8,260$3,130
18 years$16,198$13,404$11,025$9,020$7,345$2,593
19 years$15,185$12,422$10,093$8,150$6,547$2,152
20 years$14,274$11,543$9,263$7,381$5,847$1,788
21 years$13,452$10,752$8,520$6,699$5,233$1,487
22 years$12,705$10,037$7,852$6,091$4,690$1,237
23 years$12,024$9,387$7,250$5,547$4,210$1,030
24 years$11,401$8,795$6,705$5,059$3,784$859
25 years$10,828$8,254$6,210$4,621$3,405$716
26 years$10,301$7,757$5,760$4,225$3,067$597
27 years$9,813$7,301$5,348$3,867$2,766$498
28 years$9,361$6,879$4,972$3,543$2,495$415
29 years$8,941$6,490$4,627$3,249$2,253$347
30 years$8,549$6,129$4,310$2,982$2,036$289
31 years$8,184$5,794$4,018$2,739$1,841$241
32 years$7,842$5,482$3,749$2,517$1,665$202
33 years$7,522$5,192$3,500$2,314$1,507$168
34 years$7,221$4,921$3,270$2,129$1,364$141
35 years$6,937$4,667$3,058$1,960$1,236$117
36 years$6,671$4,430$2,860$1,805$1,120$98
37 years$6,419$4,207$2,677$1,663$1,015$82
38 years$6,181$3,998$2,507$1,533$920$68
39 years$5,956$3,802$2,349$1,414$834$57
40 years$5,742$3,617$2,202$1,304$757$48
41 years$5,540$3,443$2,064$1,203$687$40
42 years$5,347$3,279$1,937$1,110$623$33
43 years$5,164$3,125$1,817$1,025$565$28
44 years$4,990$2,978$1,706$946$513$23
45 years$4,824$2,840$1,602$874$466$19
46 years$4,666$2,709$1,504$807$423$16
47 years$4,515$2,586$1,413$746$384$14
48 years$4,371$2,468$1,328$689$349$11
49 years$4,233$2,357$1,248$637$317$9
50 years$4,101$2,252$1,174$589$288$8

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 $6,642 every year, while hoping to spend $24,037 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: 46/47/7 Blend
44$4,200,000$4,200,000$4,200,000$4,200,000
45$4,635,251$4,412,651$4,347,551$4,839,299
46$5,082,472$4,603,296$4,467,619$5,171,028
47$5,574,503$4,802,477$4,590,903$5,527,628
48$6,115,890$5,010,586$4,717,487$5,913,890
49$6,711,642$5,228,036$4,847,454$6,332,563
50$7,367,277$5,455,257$4,980,890$6,786,661
51$8,088,874$5,692,699$5,117,885$7,279,496
52$8,883,133$5,940,835$5,258,528$7,814,703
53$9,757,436$6,200,160$5,402,913$8,396,275
54$10,719,918$6,471,191$5,551,133$9,028,598
55$11,779,539$6,754,469$5,703,286$9,716,489
56$12,946,178$7,050,563$5,859,471$10,465,240
57$14,230,714$7,360,068$6,019,790$11,280,670
58$15,645,141$7,683,605$6,184,347$12,169,172
59$17,202,670$8,021,826$6,353,247$13,137,771
60$18,917,861$8,375,414$6,526,600$14,194,194
61$20,806,758$8,745,085$6,704,517$15,346,934
62$22,887,040$9,131,587$6,887,110$16,605,330
63$25,178,188$9,535,704$7,074,498$17,979,652
64$27,701,667$9,958,258$7,266,798$19,481,197
65$30,481,134$10,400,109$7,464,132$21,122,388
66$33,542,654$10,862,158$7,666,625$22,916,892
67$36,914,951$11,345,350$7,874,403$24,879,745
68$40,629,677$11,850,673$8,087,596$27,027,488
69$44,721,711$12,379,164$8,306,338$29,378,324
70$49,229,488$12,931,906$8,530,763$31,952,280
71$54,195,363$13,510,036$8,761,011$34,771,397
72$59,666,008$14,114,746$8,997,223$37,859,931
73$65,692,855$14,747,282$9,239,544$41,244,581
74$72,332,578$15,408,951$9,488,121$44,954,730
75$79,647,634$16,101,122$9,743,105$49,022,725
76$87,706,844$16,825,229$10,004,651$53,484,171
77$96,586,052$17,582,775$10,272,917$58,378,267
78$106,368,832$18,375,333$10,548,062$63,748,166
79$117,147,281$19,204,554$10,830,251$69,641,381
80$129,022,891$20,072,164$11,119,651$76,110,221
81$142,107,501$20,979,974$11,416,434$83,212,287
82$156,524,355$21,929,882$11,720,774$91,011,002
83$172,409,268$22,923,875$12,032,848$99,576,206
84$189,911,904$23,964,036$12,352,839$108,984,805
85$209,197,191$25,052,546$12,680,932$119,321,497
86$230,446,877$26,191,694$13,017,316$130,679,552
87$253,861,245$27,383,873$13,362,183$143,161,695
88$279,661,006$28,631,597$13,715,730$156,881,060
89$308,089,378$29,937,495$14,078,157$171,962,251
90$339,414,387$31,304,325$14,449,668$188,542,511
91$373,931,395$32,734,977$14,830,471$206,773,004
92$411,965,884$34,232,477$15,220,779$226,820,232
93$453,876,535$35,800,000$15,620,806$248,867,598
94$500,058,613$37,440,871$16,030,774$273,117,124
95$550,947,692$39,158,575$16,450,906$299,791,348
96$607,023,775$40,956,764$16,881,430$329,135,410
97$668,815,821$42,839,265$17,322,578$361,419,353
98$736,906,737$44,810,092$17,774,587$396,940,660
99$811,938,885$46,873,447$18,237,696$436,027,049
100$894,620,143$49,033,738$18,712,152$479,039,546