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%16.4%
1 years$346,832$343,743$340,729$337,787$334,914$326,156
2 years$171,699$168,501$165,402$162,397$159,483$150,719
3 years$113,329$110,117$107,026$104,050$101,182$92,687
4 years$84,150$80,948$77,888$74,962$72,164$64,002
5 years$66,647$63,464$60,444$57,578$54,858$47,053
6 years$54,982$51,823$48,848$46,046$43,407$35,966
7 years$46,653$43,521$40,593$37,857$35,302$28,224
8 years$40,409$37,306$34,426$31,757$29,286$22,570
9 years$35,556$32,481$29,651$27,050$24,663$18,302
10 years$31,675$28,631$25,850$23,317$21,014$15,000
11 years$28,502$25,488$22,758$20,293$18,073$12,397
12 years$25,860$22,877$20,197$17,800$15,662$10,313
13 years$23,626$20,674$18,045$15,714$13,657$8,626
14 years$21,712$18,792$16,214$13,950$11,972$7,246
15 years$20,056$17,167$14,639$12,441$10,541$6,109
16 years$18,608$15,750$13,272$11,139$9,316$5,165
17 years$17,331$14,505$12,077$10,008$8,260$4,378
18 years$16,198$13,404$11,025$9,020$7,345$3,718
19 years$15,185$12,422$10,093$8,150$6,547$3,163
20 years$14,274$11,543$9,263$7,381$5,847$2,695
21 years$13,452$10,752$8,520$6,699$5,233$2,299
22 years$12,705$10,037$7,852$6,091$4,690$1,963
23 years$12,024$9,387$7,250$5,547$4,210$1,678
24 years$11,401$8,795$6,705$5,059$3,784$1,435
25 years$10,828$8,254$6,210$4,621$3,405$1,228
26 years$10,301$7,757$5,760$4,225$3,067$1,052
27 years$9,813$7,301$5,348$3,867$2,766$901
28 years$9,361$6,879$4,972$3,543$2,495$772
29 years$8,941$6,490$4,627$3,249$2,253$662
30 years$8,549$6,129$4,310$2,982$2,036$568
31 years$8,184$5,794$4,018$2,739$1,841$487
32 years$7,842$5,482$3,749$2,517$1,665$418
33 years$7,522$5,192$3,500$2,314$1,507$359
34 years$7,221$4,921$3,270$2,129$1,364$308
35 years$6,937$4,667$3,058$1,960$1,236$264
36 years$6,671$4,430$2,860$1,805$1,120$227
37 years$6,419$4,207$2,677$1,663$1,015$195
38 years$6,181$3,998$2,507$1,533$920$167
39 years$5,956$3,802$2,349$1,414$834$144
40 years$5,742$3,617$2,202$1,304$757$123
41 years$5,540$3,443$2,064$1,203$687$106
42 years$5,347$3,279$1,937$1,110$623$91
43 years$5,164$3,125$1,817$1,025$565$78
44 years$4,990$2,978$1,706$946$513$67
45 years$4,824$2,840$1,602$874$466$58
46 years$4,666$2,709$1,504$807$423$50
47 years$4,515$2,586$1,413$746$384$43
48 years$4,371$2,468$1,328$689$349$37
49 years$4,233$2,357$1,248$637$317$31
50 years$4,101$2,252$1,174$589$288$27

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 $3,763 every year, while hoping to spend $40,806 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: 42/43/15 Blend
44$4,200,000$4,200,000$4,200,000$4,200,000
45$4,632,282$4,409,682$4,344,582$4,806,331
46$5,061,357$4,582,339$4,446,708$5,101,898
47$5,532,830$4,762,088$4,550,888$5,417,439
48$6,050,984$4,949,235$4,657,147$5,758,247
49$6,620,533$5,144,097$4,765,510$6,126,653
50$7,246,676$5,347,006$4,876,003$6,525,216
51$7,935,136$5,558,309$4,988,649$6,956,745
52$8,692,223$5,778,369$5,103,472$7,424,328
53$9,524,886$6,007,564$5,220,493$7,931,356
54$10,440,780$6,246,291$5,339,736$8,481,554
55$11,448,343$6,494,963$5,461,221$9,079,017
56$12,556,870$6,754,012$5,584,967$9,728,245
57$13,776,601$7,023,889$5,710,994$10,434,184
58$15,118,821$7,305,066$5,839,319$11,202,274
59$16,595,963$7,598,037$5,969,959$12,038,494
60$18,221,727$7,903,317$6,102,929$12,949,420
61$20,011,208$8,221,444$6,238,241$13,942,283
62$21,981,038$8,552,981$6,375,909$15,025,038
63$24,149,544$8,898,518$6,515,942$16,206,434
64$26,536,921$9,258,668$6,658,350$17,496,097
65$29,165,420$9,634,076$6,803,138$18,904,618
66$32,059,561$10,025,414$6,950,310$20,443,648
67$35,246,361$10,433,384$7,099,871$22,126,010
68$38,755,591$10,858,721$7,251,818$23,965,816
69$42,620,057$11,302,194$7,406,149$25,978,594
70$46,875,908$11,764,606$7,562,860$28,181,439
71$51,562,976$12,246,798$7,721,941$30,593,164
72$56,725,156$12,749,647$7,883,383$33,234,479
73$62,410,814$13,274,072$8,047,169$36,128,184
74$68,673,251$13,821,035$8,213,282$39,299,378
75$75,571,196$14,391,540$8,381,701$42,775,695
76$83,169,370$14,986,637$8,552,400$46,587,559
77$91,539,090$15,607,427$8,725,350$50,768,470
78$100,758,945$16,255,058$8,900,517$55,355,316
79$110,915,535$16,930,734$9,077,861$60,388,717
80$122,104,291$17,635,712$9,257,342$65,913,401
81$134,430,375$18,371,308$9,438,909$71,978,629
82$148,009,670$19,138,898$9,622,509$78,638,649
83$162,969,876$19,939,924$9,808,082$85,953,206
84$179,451,714$20,775,891$9,995,564$93,988,101
85$197,610,256$21,648,376$10,184,882$102,815,807
86$217,616,384$22,559,029$10,375,958$112,516,150
87$239,658,409$23,509,575$10,568,706$123,177,050
88$263,943,842$24,501,820$10,763,034$134,895,354
89$290,701,359$25,537,654$10,958,840$147,777,738
90$320,182,953$26,619,054$11,156,016$161,941,711
91$352,666,315$27,748,089$11,354,444$177,516,715
92$388,457,459$28,926,925$11,553,998$194,645,342
93$427,893,604$30,157,828$11,754,540$213,484,672
94$471,346,360$31,443,171$11,955,926$234,207,750
95$519,225,237$32,785,434$12,157,998$257,005,208
96$571,981,508$34,187,218$12,360,588$282,087,061
97$630,112,471$35,651,240$12,563,516$309,684,676
98$694,166,141$37,180,349$12,766,592$340,052,952
99$764,746,424$38,777,523$12,969,610$373,472,713
100$842,518,819$40,445,881$13,172,352$410,253,353