Can I retire at age 45 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$363,348$360,111$356,954$353,872$350,862$341,135
2 years$179,875$176,525$173,278$170,131$167,077$157,350
3 years$118,726$115,361$112,123$109,004$106,001$96,578
4 years$88,157$84,803$81,597$78,531$75,601$66,555
5 years$69,820$66,486$63,322$60,320$57,470$48,826
6 years$57,600$54,291$51,174$48,238$45,474$37,240
7 years$48,875$45,594$42,526$39,659$36,983$29,158
8 years$42,334$39,082$36,065$33,269$30,681$23,262
9 years$37,249$34,028$31,063$28,338$25,838$18,817
10 years$33,183$29,994$27,081$24,428$22,015$15,384
11 years$29,859$26,702$23,842$21,259$18,934$12,682
12 years$27,091$23,966$21,159$18,647$16,407$10,523
13 years$24,751$21,658$18,904$16,463$14,308$8,777
14 years$22,746$19,687$16,986$14,614$12,542$7,353
15 years$21,011$17,984$15,336$13,033$11,043$6,181
16 years$19,494$16,500$13,904$11,670$9,760$5,211
17 years$18,156$15,196$12,652$10,485$8,654$4,404
18 years$16,969$14,042$11,550$9,449$7,694$3,729
19 years$15,908$13,014$10,573$8,538$6,858$3,163
20 years$14,954$12,093$9,704$7,733$6,126$2,687
21 years$14,092$11,264$8,925$7,018$5,482$2,285
22 years$13,310$10,515$8,226$6,381$4,914$1,945
23 years$12,597$9,834$7,595$5,811$4,411$1,657
24 years$11,944$9,214$7,024$5,300$3,965$1,413
25 years$11,344$8,647$6,506$4,841$3,568$1,206
26 years$10,791$8,127$6,034$4,426$3,214$1,029
27 years$10,280$7,648$5,603$4,051$2,897$879
28 years$9,807$7,207$5,209$3,712$2,614$751
29 years$9,367$6,799$4,847$3,404$2,361$642
30 years$8,956$6,421$4,515$3,124$2,133$548
31 years$8,574$6,070$4,209$2,869$1,928$469
32 years$8,216$5,743$3,927$2,637$1,744$401
33 years$7,880$5,439$3,667$2,425$1,579$343
34 years$7,564$5,155$3,426$2,231$1,429$293
35 years$7,268$4,889$3,203$2,054$1,295$251
36 years$6,988$4,641$2,997$1,891$1,173$215
37 years$6,724$4,408$2,805$1,743$1,063$184
38 years$6,475$4,189$2,627$1,606$964$157
39 years$6,239$3,983$2,461$1,481$874$135
40 years$6,015$3,790$2,306$1,366$793$115
41 years$5,803$3,607$2,163$1,260$719$99
42 years$5,602$3,436$2,029$1,163$653$84
43 years$5,410$3,273$1,904$1,074$592$72
44 years$5,228$3,120$1,787$991$538$62
45 years$5,054$2,975$1,678$916$488$53
46 years$4,888$2,838$1,576$846$443$45
47 years$4,730$2,709$1,481$781$402$39
48 years$4,579$2,586$1,391$722$365$33
49 years$4,434$2,469$1,308$667$332$28
50 years$4,296$2,359$1,229$617$301$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,400,000, adding $2,649 every year, while hoping to spend $45,574 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: 69/26/5 Blend
44$4,400,000$4,400,000$4,400,000$4,400,000
45$4,851,532$4,618,332$4,550,132$5,183,509
46$5,297,898$4,796,140$4,654,071$5,581,126
47$5,788,266$4,981,133$4,759,965$6,010,049
48$6,327,076$5,173,616$4,867,831$6,477,954
49$6,919,219$5,373,904$4,977,684$6,988,649
50$7,570,084$5,582,330$5,089,542$7,546,323
51$8,285,609$5,799,240$5,203,417$8,155,584
52$9,072,333$6,024,995$5,319,324$8,821,507
53$9,937,464$6,259,973$5,437,274$9,549,673
54$10,888,939$6,504,566$5,557,277$10,346,229
55$11,935,508$6,759,186$5,679,342$11,217,938
56$13,086,808$7,024,264$5,803,478$12,172,246
57$14,353,457$7,300,248$5,929,689$13,217,351
58$15,747,156$7,587,607$6,057,980$14,362,278
59$17,280,796$7,886,830$6,188,353$15,616,962
60$18,968,582$8,198,429$6,320,807$16,992,344
61$20,826,163$8,522,938$6,455,341$18,500,471
62$22,870,786$8,860,916$6,591,949$20,154,607
63$25,121,451$9,212,946$6,730,624$21,969,359
64$27,599,097$9,579,638$6,871,357$23,960,815
65$30,326,793$9,961,628$7,014,136$26,146,689
66$33,329,960$10,359,582$7,158,944$28,546,492
67$36,636,610$10,774,196$7,305,763$31,181,712
68$40,277,609$11,206,197$7,454,571$34,076,016
69$44,286,968$11,656,343$7,605,341$37,255,473
70$48,702,164$12,125,429$7,758,046$40,748,794
71$53,564,495$12,614,285$7,912,651$44,587,605
72$58,919,467$13,123,779$8,069,118$48,806,745
73$64,817,225$13,654,816$8,227,406$53,444,587
74$71,313,026$14,208,346$8,387,467$58,543,404
75$78,467,758$14,785,359$8,549,251$64,149,762
76$86,348,518$15,386,890$8,712,700$70,314,961
77$95,029,243$16,014,023$8,877,751$77,095,512
78$104,591,407$16,667,892$9,044,337$84,553,673
79$115,124,790$17,349,678$9,212,382$92,758,031
80$126,728,328$18,060,622$9,381,807$101,784,148
81$139,511,043$18,802,018$9,552,522$111,715,270
82$153,593,072$19,575,219$9,724,434$122,643,113
83$169,106,802$20,381,642$9,897,440$134,668,723
84$186,198,122$21,222,768$10,071,430$147,903,428
85$205,027,792$22,100,145$10,246,284$162,469,885
86$225,772,968$23,015,394$10,421,876$178,503,235
87$248,628,872$23,970,209$10,598,070$196,152,376
88$273,810,629$24,966,362$10,774,718$215,581,362
89$301,555,307$26,005,707$10,951,665$236,970,951
90$332,124,146$27,090,185$11,128,743$260,520,307
91$365,805,028$28,221,822$11,305,775$286,448,874
92$402,915,192$29,402,743$11,482,570$314,998,444
93$443,804,232$30,635,168$11,658,926$346,435,436
94$488,857,392$31,921,420$11,834,629$381,053,407
95$538,499,207$33,263,929$12,009,449$419,175,813
96$593,197,504$34,665,240$12,183,144$461,159,066
97$653,467,826$36,128,014$12,355,456$507,395,885
98$719,878,293$37,655,035$12,526,112$558,319,004
99$793,054,965$39,249,218$12,694,823$614,405,247
100$873,687,753$40,913,612$12,861,282$676,180,026