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%14.3%
1 years$363,348$360,111$356,954$353,872$350,862$344,624
2 years$179,875$176,525$173,278$170,131$167,077$160,814
3 years$118,726$115,361$112,123$109,004$106,001$99,907
4 years$88,157$84,803$81,597$78,531$75,601$69,724
5 years$69,820$66,486$63,322$60,320$57,470$51,827
6 years$57,600$54,291$51,174$48,238$45,474$40,071
7 years$48,875$45,594$42,526$39,659$36,983$31,820
8 years$42,334$39,082$36,065$33,269$30,681$25,759
9 years$37,249$34,028$31,063$28,338$25,838$21,153
10 years$33,183$29,994$27,081$24,428$22,015$17,563
11 years$29,859$26,702$23,842$21,259$18,934$14,710
12 years$27,091$23,966$21,159$18,647$16,407$12,406
13 years$24,751$21,658$18,904$16,463$14,308$10,523
14 years$22,746$19,687$16,986$14,614$12,542$8,967
15 years$21,011$17,984$15,336$13,033$11,043$7,670
16 years$19,494$16,500$13,904$11,670$9,760$6,582
17 years$18,156$15,196$12,652$10,485$8,654$5,664
18 years$16,969$14,042$11,550$9,449$7,694$4,885
19 years$15,908$13,014$10,573$8,538$6,858$4,222
20 years$14,954$12,093$9,704$7,733$6,126$3,654
21 years$14,092$11,264$8,925$7,018$5,482$3,168
22 years$13,310$10,515$8,226$6,381$4,914$2,749
23 years$12,597$9,834$7,595$5,811$4,411$2,389
24 years$11,944$9,214$7,024$5,300$3,965$2,077
25 years$11,344$8,647$6,506$4,841$3,568$1,808
26 years$10,791$8,127$6,034$4,426$3,214$1,574
27 years$10,280$7,648$5,603$4,051$2,897$1,372
28 years$9,807$7,207$5,209$3,712$2,614$1,196
29 years$9,367$6,799$4,847$3,404$2,361$1,043
30 years$8,956$6,421$4,515$3,124$2,133$910
31 years$8,574$6,070$4,209$2,869$1,928$795
32 years$8,216$5,743$3,927$2,637$1,744$694
33 years$7,880$5,439$3,667$2,425$1,579$606
34 years$7,564$5,155$3,426$2,231$1,429$529
35 years$7,268$4,889$3,203$2,054$1,295$463
36 years$6,988$4,641$2,997$1,891$1,173$404
37 years$6,724$4,408$2,805$1,743$1,063$353
38 years$6,475$4,189$2,627$1,606$964$309
39 years$6,239$3,983$2,461$1,481$874$270
40 years$6,015$3,790$2,306$1,366$793$236
41 years$5,803$3,607$2,163$1,260$719$206
42 years$5,602$3,436$2,029$1,163$653$180
43 years$5,410$3,273$1,904$1,074$592$158
44 years$5,228$3,120$1,787$991$538$138
45 years$5,054$2,975$1,678$916$488$121
46 years$4,888$2,838$1,576$846$443$106
47 years$4,730$2,709$1,481$781$402$92
48 years$4,579$2,586$1,391$722$365$81
49 years$4,434$2,469$1,308$667$332$71
50 years$4,296$2,359$1,229$617$301$62

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 $6,668 every year, while hoping to spend $53,368 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: 60/31/9 Blend
44$4,400,000$4,400,000$4,400,000$4,400,000
45$4,855,678$4,622,478$4,554,278$5,136,828
46$5,294,174$4,792,196$4,650,063$5,495,917
47$5,775,608$4,968,442$4,747,269$5,880,738
48$6,304,303$5,151,479$4,845,885$6,299,152
49$6,885,022$5,341,582$4,945,902$6,754,397
50$7,523,011$5,539,036$5,047,307$7,250,034
51$8,224,051$5,744,141$5,150,084$7,789,980
52$8,994,507$5,957,207$5,254,215$8,378,544
53$9,841,396$6,178,559$5,359,680$9,020,469
54$10,772,445$6,408,535$5,466,456$9,720,973
55$11,796,168$6,647,487$5,574,516$10,485,797
56$12,921,947$6,895,784$5,683,832$11,321,261
57$14,160,116$7,153,808$5,794,371$12,234,321
58$15,522,062$7,421,959$5,906,097$13,232,632
59$17,020,332$7,700,654$6,018,971$14,324,622
60$18,668,749$7,990,329$6,132,949$15,519,568
61$20,482,542$8,291,436$6,247,984$16,827,685
62$22,478,495$8,604,450$6,364,025$18,260,218
63$24,675,097$8,929,863$6,481,015$19,829,547
64$27,092,721$9,268,192$6,598,894$21,549,306
65$29,753,818$9,619,972$6,717,596$23,434,508
66$32,683,122$9,985,765$6,837,050$25,501,683
67$35,907,889$10,366,156$6,957,180$27,769,037
68$39,458,152$10,761,756$7,077,903$30,256,617
69$43,367,002$11,173,201$7,199,132$32,986,504
70$47,670,905$11,601,157$7,320,772$35,983,016
71$52,410,041$12,046,317$7,442,721$39,272,936
72$57,628,685$12,509,406$7,564,872$42,885,766
73$63,375,625$12,991,181$7,687,109$46,853,998
74$69,704,620$13,492,430$7,809,308$51,213,426
75$76,674,910$14,013,978$7,931,339$56,003,473
76$84,351,772$14,556,685$8,053,061$61,267,568
77$92,807,140$15,121,449$8,174,325$67,053,552
78$102,120,277$15,709,208$8,294,973$73,414,125
79$112,378,528$16,320,942$8,414,838$80,407,343
80$123,678,143$16,957,674$8,533,740$88,097,162
81$136,125,184$17,620,471$8,651,491$96,554,042
82$149,836,528$18,310,449$8,767,891$105,855,604
83$164,940,966$19,028,773$8,882,728$116,087,365
84$181,580,422$19,776,660$8,995,776$127,343,541
85$199,911,290$20,555,381$9,106,800$139,727,932
86$220,105,910$21,366,264$9,215,546$153,354,897
87$242,354,198$22,210,695$9,321,752$168,350,435
88$266,865,431$23,090,125$9,425,136$184,853,367
89$293,870,231$24,006,066$9,525,403$203,016,644
90$323,622,732$24,960,101$9,622,242$223,008,787
91$356,402,987$25,953,883$9,715,324$245,015,474
92$392,519,606$26,989,138$9,804,302$269,241,287
93$432,312,672$28,067,671$9,888,811$295,911,642
94$476,156,946$29,191,368$9,968,468$325,274,910
95$524,465,410$30,362,201$10,042,867$357,604,759
96$577,693,161$31,582,229$10,111,583$393,202,730
97$636,341,711$32,853,604$10,174,168$432,401,081
98$700,963,713$34,178,579$10,230,151$475,565,915
99$772,168,187$35,559,504$10,279,036$523,100,636
100$850,626,261$36,998,840$10,320,303$575,449,746