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%14.3%
1 years$355,090$351,927$348,841$345,829$342,888$336,792
2 years$175,787$172,513$169,340$166,264$163,280$157,159
3 years$116,027$112,739$109,574$106,527$103,592$97,636
4 years$86,153$82,875$79,742$76,747$73,882$68,139
5 years$68,234$64,975$61,883$58,949$56,164$50,649
6 years$56,291$53,057$50,011$47,142$44,441$39,160
7 years$47,764$44,557$41,559$38,758$36,142$31,097
8 years$41,371$38,194$35,245$32,513$29,984$25,173
9 years$36,402$33,255$30,357$27,694$25,250$20,672
10 years$32,429$29,312$26,466$23,872$21,515$17,164
11 years$29,181$26,095$23,300$20,776$18,503$14,376
12 years$26,475$23,422$20,678$18,223$16,035$12,124
13 years$24,188$21,166$18,475$16,089$13,982$10,284
14 years$22,229$19,239$16,600$14,282$12,257$8,763
15 years$20,533$17,576$14,987$12,737$10,792$7,496
16 years$19,051$16,125$13,588$11,404$9,538$6,433
17 years$17,744$14,851$12,365$10,247$8,457$5,536
18 years$16,583$13,723$11,287$9,234$7,520$4,774
19 years$15,546$12,718$10,333$8,344$6,702$4,126
20 years$14,614$11,818$9,483$7,557$5,987$3,571
21 years$13,772$11,008$8,723$6,859$5,357$3,096
22 years$13,007$10,276$8,039$6,236$4,802$2,687
23 years$12,310$9,611$7,423$5,679$4,311$2,334
24 years$11,672$9,005$6,865$5,180$3,875$2,030
25 years$11,086$8,450$6,358$4,731$3,487$1,767
26 years$10,546$7,942$5,897$4,325$3,141$1,539
27 years$10,047$7,474$5,476$3,959$2,831$1,341
28 years$9,584$7,043$5,090$3,627$2,555$1,169
29 years$9,154$6,644$4,737$3,326$2,307$1,020
30 years$8,753$6,275$4,412$3,053$2,085$890
31 years$8,379$5,932$4,114$2,804$1,885$777
32 years$8,029$5,613$3,838$2,577$1,705$678
33 years$7,701$5,315$3,584$2,369$1,543$592
34 years$7,393$5,038$3,348$2,180$1,397$517
35 years$7,103$4,778$3,130$2,007$1,265$452
36 years$6,829$4,535$2,928$1,848$1,146$395
37 years$6,572$4,307$2,741$1,703$1,039$345
38 years$6,328$4,094$2,567$1,570$942$302
39 years$6,097$3,893$2,405$1,447$854$264
40 years$5,879$3,704$2,254$1,335$775$231
41 years$5,671$3,525$2,114$1,232$703$202
42 years$5,475$3,357$1,983$1,137$638$176
43 years$5,287$3,199$1,860$1,049$579$154
44 years$5,109$3,049$1,746$969$525$135
45 years$4,939$2,908$1,640$895$477$118
46 years$4,777$2,774$1,540$826$433$103
47 years$4,623$2,647$1,447$764$393$90
48 years$4,475$2,527$1,360$706$357$79
49 years$4,334$2,413$1,278$652$324$69
50 years$4,198$2,305$1,202$603$295$60

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 $2,880 every year, while hoping to spend $23,517 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: 63/31/6 Blend
44$4,300,000$4,300,000$4,300,000$4,300,000
45$4,741,571$4,513,671$4,447,021$5,035,201
46$5,200,189$4,709,819$4,570,974$5,427,354
47$5,704,798$4,914,790$4,698,292$5,852,297
48$6,260,065$5,128,991$4,829,061$6,315,628
49$6,871,129$5,352,850$4,963,373$6,821,059
50$7,543,658$5,586,813$5,101,319$7,372,676
51$8,283,892$5,831,348$5,242,994$7,974,969
52$9,098,709$6,086,944$5,388,495$8,632,879
53$9,995,689$6,354,116$5,537,921$9,351,841
54$10,983,181$6,633,399$5,691,373$10,137,832
55$12,070,387$6,925,357$5,848,956$10,997,432
56$13,267,446$7,230,580$6,010,775$11,937,877
57$14,585,531$7,549,683$6,176,941$12,967,131
58$16,036,951$7,883,314$6,347,565$14,093,958
59$17,635,273$8,232,149$6,522,761$15,328,004
60$19,395,444$8,596,897$6,702,647$16,679,883
61$21,333,935$8,978,302$6,887,342$18,161,281
62$23,468,898$9,377,140$7,076,969$19,785,060
63$25,820,332$9,794,226$7,271,654$21,565,377
64$28,410,277$10,230,415$7,471,526$23,517,819
65$31,263,019$10,686,599$7,676,716$25,659,546
66$34,405,320$11,163,715$7,887,359$28,009,451
67$37,866,670$11,662,744$8,103,593$30,588,336
68$41,679,566$12,184,715$8,325,559$33,419,104
69$45,879,819$12,730,702$8,553,401$36,526,976
70$50,506,888$13,301,834$8,787,268$39,939,724
71$55,604,259$13,899,292$9,027,310$43,687,933
72$61,219,850$14,524,315$9,273,682$47,805,282
73$67,406,467$15,178,198$9,526,542$52,328,862
74$74,222,297$15,862,301$9,786,052$57,299,524
75$81,731,464$16,578,046$10,052,378$62,762,259
76$90,004,628$17,326,925$10,325,687$68,766,620
77$99,119,657$18,110,501$10,606,154$75,367,186
78$109,162,357$18,930,410$10,893,955$82,624,071
79$120,227,286$19,788,369$11,189,272$90,603,494
80$132,418,645$20,686,174$11,492,287$99,378,393
81$145,851,259$21,625,710$11,803,192$109,029,111
82$160,651,666$22,608,948$12,122,178$119,644,151
83$176,959,308$23,637,959$12,449,442$131,321,008
84$194,927,846$24,714,907$12,785,187$144,167,080
85$214,726,614$25,842,065$13,129,618$158,300,680
86$236,542,214$27,021,812$13,482,946$173,852,145
87$260,580,280$28,256,641$13,845,385$190,965,064
88$287,067,417$29,549,165$14,217,154$209,797,622
89$316,253,344$30,902,124$14,598,478$230,524,094
90$348,413,243$32,318,386$14,989,586$253,336,477
91$383,850,367$33,800,960$15,390,710$278,446,298
92$422,898,896$35,352,999$15,802,090$306,086,605
93$465,927,092$36,977,804$16,223,969$336,514,159
94$513,340,777$38,678,839$16,656,594$370,011,847
95$565,587,167$40,459,732$17,100,220$406,891,348
96$623,159,085$42,324,286$17,555,104$447,496,063
97$686,599,622$44,276,487$18,021,511$492,204,351
98$756,507,262$46,320,512$18,499,710$541,433,091
99$833,541,526$48,460,741$18,989,974$595,641,604
100$918,429,207$50,701,763$19,492,584$655,335,982