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%18.5%
1 years$363,348$360,111$356,954$353,872$350,862$338,818
2 years$179,875$176,525$173,278$170,131$167,077$155,065
3 years$118,726$115,361$112,123$109,004$106,001$94,399
4 years$88,157$84,803$81,597$78,531$75,601$64,497
5 years$69,820$66,486$63,322$60,320$57,470$46,895
6 years$57,600$54,291$51,174$48,238$45,474$35,435
7 years$48,875$45,594$42,526$39,659$36,983$27,478
8 years$42,334$39,082$36,065$33,269$30,681$21,703
9 years$37,249$34,028$31,063$28,338$25,838$17,375
10 years$33,183$29,994$27,081$24,428$22,015$14,054
11 years$29,859$26,702$23,842$21,259$18,934$11,459
12 years$27,091$23,966$21,159$18,647$16,407$9,402
13 years$24,751$21,658$18,904$16,463$14,308$7,753
14 years$22,746$19,687$16,986$14,614$12,542$6,418
15 years$21,011$17,984$15,336$13,033$11,043$5,331
16 years$19,494$16,500$13,904$11,670$9,760$4,440
17 years$18,156$15,196$12,652$10,485$8,654$3,706
18 years$16,969$14,042$11,550$9,449$7,694$3,099
19 years$15,908$13,014$10,573$8,538$6,858$2,595
20 years$14,954$12,093$9,704$7,733$6,126$2,176
21 years$14,092$11,264$8,925$7,018$5,482$1,826
22 years$13,310$10,515$8,226$6,381$4,914$1,534
23 years$12,597$9,834$7,595$5,811$4,411$1,290
24 years$11,944$9,214$7,024$5,300$3,965$1,085
25 years$11,344$8,647$6,506$4,841$3,568$913
26 years$10,791$8,127$6,034$4,426$3,214$769
27 years$10,280$7,648$5,603$4,051$2,897$647
28 years$9,807$7,207$5,209$3,712$2,614$545
29 years$9,367$6,799$4,847$3,404$2,361$460
30 years$8,956$6,421$4,515$3,124$2,133$387
31 years$8,574$6,070$4,209$2,869$1,928$327
32 years$8,216$5,743$3,927$2,637$1,744$275
33 years$7,880$5,439$3,667$2,425$1,579$232
34 years$7,564$5,155$3,426$2,231$1,429$196
35 years$7,268$4,889$3,203$2,054$1,295$165
36 years$6,988$4,641$2,997$1,891$1,173$139
37 years$6,724$4,408$2,805$1,743$1,063$118
38 years$6,475$4,189$2,627$1,606$964$99
39 years$6,239$3,983$2,461$1,481$874$84
40 years$6,015$3,790$2,306$1,366$793$71
41 years$5,803$3,607$2,163$1,260$719$60
42 years$5,602$3,436$2,029$1,163$653$50
43 years$5,410$3,273$1,904$1,074$592$42
44 years$5,228$3,120$1,787$991$538$36
45 years$5,054$2,975$1,678$916$488$30
46 years$4,888$2,838$1,576$846$443$25
47 years$4,730$2,709$1,481$781$402$22
48 years$4,579$2,586$1,391$722$365$18
49 years$4,434$2,469$1,308$667$332$15
50 years$4,296$2,359$1,229$617$301$13

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 $5,785 every year, while hoping to spend $33,207 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: 73/5/22 Blend
44$4,400,000$4,400,000$4,400,000$4,400,000
45$4,854,767$4,621,567$4,553,367$5,182,663
46$5,314,621$4,812,692$4,670,573$5,592,752
47$5,820,268$5,012,069$4,790,592$6,037,364
48$6,376,342$5,220,067$4,913,484$6,523,652
49$6,987,952$5,437,074$5,039,309$7,055,758
50$7,660,725$5,663,492$5,168,127$7,638,245
51$8,400,860$5,899,744$5,300,001$8,276,136
52$9,215,189$6,146,273$5,434,992$8,974,964
53$10,111,240$6,403,542$5,573,166$9,740,824
54$11,097,305$6,672,034$5,714,585$10,580,428
55$12,182,522$6,952,255$5,859,316$11,501,167
56$13,376,960$7,244,737$6,007,424$12,511,184
57$14,691,713$7,550,032$6,158,975$13,619,449
58$16,139,005$7,868,721$6,314,039$14,835,842
59$17,732,306$8,201,411$6,472,682$16,171,245
60$19,486,459$8,548,738$6,634,974$17,637,649
61$21,417,817$8,911,365$6,800,985$19,248,259
62$23,544,401$9,289,989$6,970,785$21,017,627
63$25,886,069$9,685,337$7,144,445$22,961,780
64$28,464,701$10,098,172$7,322,037$25,098,378
65$31,304,409$10,529,290$7,503,633$27,446,875
66$34,431,760$10,979,527$7,689,307$30,028,705
67$37,876,032$11,449,757$7,879,131$32,867,482
68$41,669,485$11,940,892$8,073,180$35,989,224
69$45,847,668$12,453,892$8,271,527$39,422,596
70$50,449,755$12,989,757$8,474,248$43,199,181
71$55,518,912$13,549,537$8,681,417$47,353,777
72$61,102,706$14,134,329$8,893,109$51,924,724
73$67,253,554$14,745,284$9,109,401$56,954,269
74$74,029,218$15,383,604$9,330,367$62,488,956
75$81,493,347$16,050,549$9,556,083$68,580,076
76$89,716,081$16,747,439$9,786,625$75,284,137
77$98,774,713$17,475,655$10,022,068$82,663,409
78$108,754,413$18,236,642$10,262,487$90,786,503
79$119,749,041$19,031,915$10,507,958$99,729,019
80$131,862,024$19,863,059$10,758,555$109,574,261
81$145,207,336$20,731,735$11,014,352$120,414,023
82$159,910,574$21,639,680$11,275,423$132,349,449
83$176,110,144$22,588,715$11,541,841$145,491,994
84$193,958,564$23,580,747$11,813,677$159,964,469
85$213,623,905$24,617,772$12,091,004$175,902,202
86$235,291,381$25,701,881$12,373,890$193,454,316
87$259,165,092$26,835,262$12,662,405$212,785,131
88$285,469,951$28,020,210$12,956,616$234,075,718
89$314,453,812$29,259,126$13,256,588$257,525,605
90$346,389,804$30,554,526$13,562,386$283,354,662
91$381,578,910$31,909,044$13,874,072$311,805,170
92$420,352,811$33,325,440$14,191,706$343,144,112
93$463,077,015$34,806,604$14,515,346$377,665,689
94$510,154,307$36,355,563$14,845,046$415,694,097
95$562,028,551$37,975,491$15,180,860$457,586,585
96$619,188,880$39,669,707$15,522,836$503,736,830
97$682,174,316$41,441,693$15,871,021$554,578,643
98$751,578,854$43,295,093$16,225,458$610,590,073
99$828,057,071$45,233,727$16,586,185$672,297,910
100$912,330,308$47,261,595$16,953,237$740,282,661