Can I retire at age 45 with 4,500,000?

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 $4,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$371,606$368,296$365,066$361,914$358,836$351,879
2 years$183,963$180,537$177,217$173,997$170,874$163,893
3 years$121,424$117,983$114,671$111,482$108,410$101,623
4 years$90,160$86,730$83,451$80,316$77,319$70,778
5 years$71,407$67,997$64,761$61,691$58,776$52,500
6 years$58,909$55,525$52,337$49,334$46,508$40,503
7 years$49,985$46,630$43,492$40,561$37,823$32,092
8 years$43,296$39,970$36,885$34,025$31,378$25,918
9 years$38,095$34,801$31,769$28,982$26,425$21,233
10 years$33,937$30,676$27,697$24,983$22,515$17,586
11 years$30,538$27,309$24,384$21,742$19,364$14,692
12 years$27,707$24,511$21,640$19,071$16,780$12,359
13 years$25,313$22,151$19,334$16,837$14,633$10,455
14 years$23,263$20,134$17,372$14,946$12,827$8,885
15 years$21,488$18,393$15,684$13,329$11,294$7,580
16 years$19,937$16,875$14,220$11,935$9,982$6,486
17 years$18,569$15,542$12,940$10,723$8,850$5,566
18 years$17,355$14,361$11,812$9,664$7,869$4,786
19 years$16,270$13,310$10,814$8,732$7,014$4,124
20 years$15,294$12,368$9,924$7,909$6,265$3,559
21 years$14,413$11,520$9,128$7,178$5,607$3,076
22 years$13,612$10,754$8,413$6,526$5,026$2,661
23 years$12,883$10,058$7,768$5,943$4,511$2,305
24 years$12,215$9,424$7,184$5,421$4,055$1,998
25 years$11,602$8,844$6,654$4,951$3,649$1,734
26 years$11,036$8,311$6,171$4,527$3,287$1,505
27 years$10,514$7,822$5,731$4,143$2,963$1,307
28 years$10,030$7,371$5,327$3,796$2,674$1,136
29 years$9,579$6,953$4,957$3,481$2,414$988
30 years$9,160$6,567$4,618$3,195$2,181$859
31 years$8,769$6,208$4,305$2,934$1,972$747
32 years$8,402$5,874$4,017$2,697$1,784$650
33 years$8,059$5,563$3,750$2,480$1,615$566
34 years$7,736$5,272$3,504$2,282$1,462$493
35 years$7,433$5,000$3,276$2,100$1,324$429
36 years$7,147$4,746$3,065$1,934$1,200$374
37 years$6,877$4,508$2,868$1,782$1,087$326
38 years$6,622$4,284$2,686$1,643$986$284
39 years$6,381$4,074$2,517$1,515$894$247
40 years$6,152$3,876$2,359$1,397$811$215
41 years$5,935$3,689$2,212$1,289$736$188
42 years$5,729$3,514$2,075$1,190$667$163
43 years$5,533$3,348$1,947$1,098$606$142
44 years$5,347$3,191$1,828$1,014$550$124
45 years$5,169$3,043$1,716$936$499$108
46 years$4,999$2,903$1,612$865$453$94
47 years$4,838$2,770$1,514$799$412$82
48 years$4,683$2,645$1,423$738$374$72
49 years$4,535$2,525$1,337$682$339$62
50 years$4,394$2,412$1,257$631$308$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,500,000, adding $2,851 every year, while hoping to spend $22,254 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: 65/5/30 Blend
44$4,500,000$4,500,000$4,500,000$4,500,000
45$4,961,941$4,723,441$4,653,691$5,244,628
46$5,444,381$4,931,211$4,785,911$5,644,190
47$5,975,284$5,148,417$4,921,815$6,078,064
48$6,559,569$5,375,496$5,061,503$6,551,868
49$7,202,658$5,612,908$5,205,076$7,069,543
50$7,910,524$5,861,135$5,352,641$7,635,424
51$8,689,748$6,120,681$5,504,305$8,254,284
52$9,547,581$6,392,074$5,660,178$8,931,382
53$10,492,015$6,675,866$5,820,375$9,672,505
54$11,531,855$6,972,638$5,985,011$10,484,026
55$12,676,802$7,282,995$6,154,207$11,372,965
56$13,937,548$7,607,574$6,328,086$12,347,050
57$15,325,873$7,947,040$6,506,772$13,414,794
58$16,854,758$8,302,091$6,690,394$14,585,572
59$18,538,507$8,673,457$6,879,086$15,869,709
60$20,392,883$9,061,904$7,072,983$17,278,578
61$22,435,253$9,468,234$7,272,225$18,824,705
62$24,684,757$9,893,286$7,476,953$20,521,888
63$27,162,486$10,337,940$7,687,314$22,385,327
64$29,891,679$10,803,119$7,903,459$24,431,762
65$32,897,947$11,289,788$8,125,541$26,679,636
66$36,209,509$11,798,960$8,353,718$29,149,267
67$39,857,464$12,331,694$8,588,153$31,863,034
68$43,876,080$12,889,101$8,829,010$34,845,595
69$48,303,119$13,472,346$9,076,461$38,124,113
70$53,180,193$14,082,647$9,330,679$41,728,512
71$58,553,160$14,721,283$9,591,843$45,691,762
72$64,472,549$15,389,593$9,860,137$50,050,185
73$70,994,045$16,088,980$10,135,748$54,843,801
74$78,179,011$16,820,913$10,418,869$60,116,699
75$86,095,066$17,586,933$10,709,696$65,917,458
76$94,816,725$18,388,656$11,008,434$72,299,601
77$104,426,102$19,227,771$11,315,287$79,322,098
78$115,013,685$20,106,052$11,630,470$87,049,926
79$126,679,189$21,025,357$11,954,199$95,554,675
80$139,532,499$21,987,632$12,286,697$104,915,227
81$153,694,706$22,994,918$12,628,193$115,218,497
82$169,299,249$24,049,352$12,978,921$126,560,253
83$186,493,177$25,153,175$13,339,120$139,046,019
84$205,438,537$26,308,736$13,709,036$152,792,067
85$226,313,900$27,518,496$14,088,921$167,926,515
86$249,316,049$28,785,034$14,479,031$184,590,536
87$274,661,839$30,111,054$14,879,631$202,939,684
88$302,590,239$31,499,388$15,290,992$223,145,367
89$333,364,593$32,953,007$15,713,389$245,396,459
90$367,275,100$34,475,023$16,147,106$269,901,082
91$404,641,559$36,068,698$16,592,433$296,888,569
92$445,816,385$37,737,452$17,049,667$326,611,626
93$491,187,938$39,484,869$17,519,113$359,348,718
94$541,184,185$41,314,704$18,001,080$395,406,691
95$596,276,744$43,230,897$18,495,889$435,123,671
96$656,985,335$45,237,574$19,003,864$478,872,251
97$723,882,686$47,339,062$19,525,340$527,063,007
98$797,599,939$49,539,895$20,060,658$580,148,370
99$878,832,610$51,844,827$20,610,167$638,626,897
100$968,347,154$54,258,842$21,174,226$703,047,970