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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.6%
1 years$363,348$360,111$356,954$353,872$350,862$340,039
2 years$179,875$176,525$173,278$170,131$167,077$156,268
3 years$118,726$115,361$112,123$109,004$106,001$95,544
4 years$88,157$84,803$81,597$78,531$75,601$65,577
5 years$69,820$66,486$63,322$60,320$57,470$47,907
6 years$57,600$54,291$51,174$48,238$45,474$36,379
7 years$48,875$45,594$42,526$39,659$36,983$28,355
8 years$42,334$39,082$36,065$33,269$30,681$22,515
9 years$37,249$34,028$31,063$28,338$25,838$18,125
10 years$33,183$29,994$27,081$24,428$22,015$14,744
11 years$29,859$26,702$23,842$21,259$18,934$12,092
12 years$27,091$23,966$21,159$18,647$16,407$9,980
13 years$24,751$21,658$18,904$16,463$14,308$8,280
14 years$22,746$19,687$16,986$14,614$12,542$6,898
15 years$21,011$17,984$15,336$13,033$11,043$5,766
16 years$19,494$16,500$13,904$11,670$9,760$4,833
17 years$18,156$15,196$12,652$10,485$8,654$4,061
18 years$16,969$14,042$11,550$9,449$7,694$3,418
19 years$15,908$13,014$10,573$8,538$6,858$2,882
20 years$14,954$12,093$9,704$7,733$6,126$2,433
21 years$14,092$11,264$8,925$7,018$5,482$2,057
22 years$13,310$10,515$8,226$6,381$4,914$1,740
23 years$12,597$9,834$7,595$5,811$4,411$1,473
24 years$11,944$9,214$7,024$5,300$3,965$1,248
25 years$11,344$8,647$6,506$4,841$3,568$1,058
26 years$10,791$8,127$6,034$4,426$3,214$897
27 years$10,280$7,648$5,603$4,051$2,897$761
28 years$9,807$7,207$5,209$3,712$2,614$646
29 years$9,367$6,799$4,847$3,404$2,361$549
30 years$8,956$6,421$4,515$3,124$2,133$466
31 years$8,574$6,070$4,209$2,869$1,928$396
32 years$8,216$5,743$3,927$2,637$1,744$336
33 years$7,880$5,439$3,667$2,425$1,579$286
34 years$7,564$5,155$3,426$2,231$1,429$243
35 years$7,268$4,889$3,203$2,054$1,295$206
36 years$6,988$4,641$2,997$1,891$1,173$175
37 years$6,724$4,408$2,805$1,743$1,063$149
38 years$6,475$4,189$2,627$1,606$964$127
39 years$6,239$3,983$2,461$1,481$874$108
40 years$6,015$3,790$2,306$1,366$793$91
41 years$5,803$3,607$2,163$1,260$719$78
42 years$5,602$3,436$2,029$1,163$653$66
43 years$5,410$3,273$1,904$1,074$592$56
44 years$5,228$3,120$1,787$991$538$48
45 years$5,054$2,975$1,678$916$488$41
46 years$4,888$2,838$1,576$846$443$35
47 years$4,730$2,709$1,481$781$402$29
48 years$4,579$2,586$1,391$722$365$25
49 years$4,434$2,469$1,308$667$332$21
50 years$4,296$2,359$1,229$617$301$18

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 $4,384 every year, while hoping to spend $55,642 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: 44/47/9 Blend
44$4,400,000$4,400,000$4,400,000$4,400,000
45$4,853,322$4,620,122$4,551,922$5,054,214
46$5,289,158$4,787,305$4,645,209$5,361,165
47$5,767,585$4,960,816$4,739,756$5,687,617
48$6,292,887$5,140,905$4,835,546$6,040,161
49$6,869,787$5,327,834$4,932,562$6,421,215
50$7,503,483$5,521,875$5,030,781$6,833,430
51$8,199,705$5,723,314$5,130,178$7,279,725
52$8,964,763$5,932,445$5,230,728$7,763,302
53$9,805,612$6,149,578$5,332,400$8,287,682
54$10,729,910$6,375,033$5,435,162$8,856,734
55$11,746,096$6,609,145$5,538,975$9,474,713
56$12,863,469$6,852,263$5,643,801$10,146,294
57$14,092,270$7,104,751$5,749,596$10,876,620
58$15,443,785$7,366,988$5,856,311$11,671,346
59$16,930,450$7,639,369$5,963,896$12,536,691
60$18,565,963$7,922,306$6,072,294$13,479,495
61$20,365,420$8,216,228$6,181,445$14,507,285
62$22,345,452$8,521,582$6,291,282$15,628,339
63$24,524,384$8,838,835$6,401,736$16,851,766
64$26,922,408$9,168,475$6,512,731$18,187,590
65$29,561,771$9,511,007$6,624,185$19,646,841
66$32,466,987$9,866,962$6,736,010$21,241,659
67$35,665,068$10,236,892$6,848,115$22,985,404
68$39,185,776$10,621,370$6,960,397$24,892,782
69$43,061,906$11,020,999$7,072,752$26,979,981
70$47,329,596$11,436,404$7,185,065$29,264,823
71$52,028,665$11,868,237$7,297,215$31,766,924
72$57,202,990$12,317,182$7,409,072$34,507,885
73$62,900,919$12,783,947$7,520,500$37,511,487
74$69,175,728$13,269,276$7,631,352$40,803,915
75$76,086,123$13,773,942$7,741,474$44,414,001
76$83,696,795$14,298,752$7,850,700$48,373,495
77$92,079,026$14,844,549$7,958,857$52,717,362
78$101,311,368$15,412,213$8,065,760$57,484,104
79$111,480,377$16,002,662$8,171,212$62,716,128
80$122,681,436$16,616,852$8,275,008$68,460,134
81$135,019,649$17,255,785$8,376,928$74,767,560
82$148,610,839$17,920,504$8,476,741$81,695,058
83$163,582,634$18,612,098$8,574,201$89,305,028
84$180,075,678$19,331,706$8,669,052$97,666,202
85$198,244,951$20,080,514$8,761,019$106,854,289
86$218,261,240$20,859,763$8,849,817$116,952,682
87$240,312,742$21,670,746$8,935,141$128,053,248
88$264,606,846$22,514,817$9,016,673$140,257,181
89$291,372,088$23,393,387$9,094,075$153,675,959
90$320,860,308$24,307,931$9,166,994$168,432,389
91$353,349,027$25,259,987$9,235,056$184,661,760
92$389,144,066$26,251,164$9,297,869$202,513,115
93$428,582,433$27,283,143$9,355,019$222,150,653
94$472,035,501$28,357,677$9,406,072$243,755,271
95$519,912,518$29,476,600$9,450,572$267,526,267
96$572,664,468$30,641,825$9,488,038$293,683,213
97$630,788,323$31,855,355$9,517,967$322,468,022
98$694,831,742$33,119,277$9,539,830$354,147,224
99$765,398,235$34,435,777$9,553,069$389,014,474
100$843,152,861$35,807,136$9,557,102$427,393,317