Can I retire at age 45 with 4,300,000?

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 $4,300,000?

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$355,090$351,927$348,841$345,829$342,888$332,980
2 years$175,787$172,513$169,340$166,264$163,280$153,376
3 years$116,027$112,739$109,574$106,527$103,592$94,003
4 years$86,153$82,875$79,742$76,747$73,882$64,682
5 years$68,234$64,975$61,883$58,949$56,164$47,377
6 years$56,291$53,057$50,011$47,142$44,441$36,075
7 years$47,764$44,557$41,559$38,758$36,142$28,198
8 years$41,371$38,194$35,245$32,513$29,984$22,457
9 years$36,402$33,255$30,357$27,694$25,250$18,133
10 years$32,429$29,312$26,466$23,872$21,515$14,797
11 years$29,181$26,095$23,300$20,776$18,503$12,174
12 years$26,475$23,422$20,678$18,223$16,035$10,082
13 years$24,188$21,166$18,475$16,089$13,982$8,392
14 years$22,229$19,239$16,600$14,282$12,257$7,016
15 years$20,533$17,576$14,987$12,737$10,792$5,885
16 years$19,051$16,125$13,588$11,404$9,538$4,951
17 years$17,744$14,851$12,365$10,247$8,457$4,175
18 years$16,583$13,723$11,287$9,234$7,520$3,528
19 years$15,546$12,718$10,333$8,344$6,702$2,986
20 years$14,614$11,818$9,483$7,557$5,987$2,530
21 years$13,772$11,008$8,723$6,859$5,357$2,147
22 years$13,007$10,276$8,039$6,236$4,802$1,823
23 years$12,310$9,611$7,423$5,679$4,311$1,550
24 years$11,672$9,005$6,865$5,180$3,875$1,318
25 years$11,086$8,450$6,358$4,731$3,487$1,122
26 years$10,546$7,942$5,897$4,325$3,141$955
27 years$10,047$7,474$5,476$3,959$2,831$814
28 years$9,584$7,043$5,090$3,627$2,555$694
29 years$9,154$6,644$4,737$3,326$2,307$591
30 years$8,753$6,275$4,412$3,053$2,085$504
31 years$8,379$5,932$4,114$2,804$1,885$430
32 years$8,029$5,613$3,838$2,577$1,705$367
33 years$7,701$5,315$3,584$2,369$1,543$313
34 years$7,393$5,038$3,348$2,180$1,397$267
35 years$7,103$4,778$3,130$2,007$1,265$228
36 years$6,829$4,535$2,928$1,848$1,146$194
37 years$6,572$4,307$2,741$1,703$1,039$166
38 years$6,328$4,094$2,567$1,570$942$142
39 years$6,097$3,893$2,405$1,447$854$121
40 years$5,879$3,704$2,254$1,335$775$103
41 years$5,671$3,525$2,114$1,232$703$88
42 years$5,475$3,357$1,983$1,137$638$75
43 years$5,287$3,199$1,860$1,049$579$64
44 years$5,109$3,049$1,746$969$525$55
45 years$4,939$2,908$1,640$895$477$47
46 years$4,777$2,774$1,540$826$433$40
47 years$4,623$2,647$1,447$764$393$34
48 years$4,475$2,527$1,360$706$357$29
49 years$4,334$2,413$1,278$652$324$25
50 years$4,198$2,305$1,202$603$295$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,300,000, adding $3,898 every year, while hoping to spend $49,550 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: 57/29/14 Blend
44$4,300,000$4,300,000$4,300,000$4,300,000
45$4,742,621$4,514,721$4,448,071$4,995,735
46$5,173,647$4,683,221$4,544,360$5,336,043
47$5,646,978$4,858,318$4,642,215$5,700,913
48$6,166,875$5,040,281$4,741,635$6,097,353
49$6,738,035$5,229,393$4,842,618$6,528,399
50$7,365,630$5,425,949$4,945,161$6,997,388
51$8,055,360$5,630,256$5,049,260$7,507,995
52$8,813,503$5,842,635$5,154,907$8,064,258
53$9,646,977$6,063,421$5,262,092$8,670,624
54$10,563,401$6,292,961$5,370,805$9,331,984
55$11,571,173$6,531,621$5,481,032$10,053,721
56$12,679,541$6,779,779$5,592,755$10,841,758
57$13,898,699$7,037,833$5,705,957$11,702,616
58$15,239,875$7,306,195$5,820,615$12,643,470
59$16,715,441$7,585,298$5,936,705$13,672,221
60$18,339,030$7,875,591$6,054,198$14,797,564
61$20,125,661$8,177,545$6,173,064$16,029,072
62$22,091,884$8,491,650$6,293,267$17,377,285
63$24,255,934$8,818,419$6,414,769$18,853,808
64$26,637,903$9,158,386$6,537,528$20,471,418
65$29,259,932$9,512,108$6,661,497$22,244,186
66$32,146,413$9,880,170$6,786,626$24,187,603
67$35,324,227$10,263,178$6,912,858$26,318,733
68$38,822,993$10,661,769$7,040,134$28,656,364
69$42,675,348$11,076,605$7,168,387$31,221,190
70$46,917,254$11,508,379$7,297,549$34,036,000
71$51,588,338$11,957,814$7,427,541$37,125,895
72$56,732,267$12,425,665$7,558,282$40,518,523
73$62,397,157$12,912,722$7,689,683$44,244,333
74$68,636,029$13,419,807$7,821,650$48,336,869
75$75,507,309$13,947,783$7,954,080$52,833,076
76$83,075,376$14,497,546$8,086,864$57,773,652
77$91,411,176$15,070,037$8,219,885$63,203,430
78$100,592,884$15,666,237$8,353,019$69,171,796
79$110,706,646$16,287,170$8,486,133$75,733,154
80$121,847,390$16,933,908$8,619,084$82,947,438
81$134,119,723$17,607,568$8,751,723$90,880,674
82$147,638,917$18,309,321$8,883,887$99,605,602
83$162,531,996$19,040,388$9,015,408$109,202,359
84$178,938,938$19,802,045$9,146,102$119,759,233
85$197,013,991$20,595,627$9,275,778$131,373,490
86$216,927,133$21,422,527$9,404,231$144,152,298
87$238,865,673$22,284,204$9,531,246$158,213,723
88$263,036,022$23,182,180$9,656,592$173,687,852
89$289,665,636$24,118,047$9,780,029$190,718,009
90$319,005,170$25,093,470$9,901,298$209,462,109
91$351,330,836$26,110,188$10,020,130$230,094,143
92$386,947,014$27,170,021$10,136,237$252,805,817
93$426,189,126$28,274,868$10,249,318$277,808,358
94$469,426,800$29,426,720$10,359,053$305,334,502
95$517,067,357$30,627,652$10,465,105$335,640,689
96$569,559,660$31,879,840$10,567,119$369,009,477
97$627,398,348$33,185,555$10,664,720$405,752,208
98$691,128,506$34,547,174$10,757,515$446,211,936
99$761,350,810$35,967,181$10,845,087$490,766,666
100$838,727,194$37,448,175$10,927,000$539,832,916