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

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 $4,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$371,606$368,296$365,066$361,914$358,836$349,878
2 years$183,963$180,537$177,217$173,997$170,874$161,905
3 years$121,424$117,983$114,671$111,482$108,410$99,711
4 years$90,160$86,730$83,451$80,316$77,319$68,957
5 years$71,407$67,997$64,761$61,691$58,776$50,775
6 years$58,909$55,525$52,337$49,334$46,508$38,875
7 years$49,985$46,630$43,492$40,561$37,823$30,559
8 years$43,296$39,970$36,885$34,025$31,378$24,480
9 years$38,095$34,801$31,769$28,982$26,425$19,887
10 years$33,937$30,676$27,697$24,983$22,515$16,329
11 years$30,538$27,309$24,384$21,742$19,364$13,521
12 years$27,707$24,511$21,640$19,071$16,780$11,271
13 years$25,313$22,151$19,334$16,837$14,633$9,446
14 years$23,263$20,134$17,372$14,946$12,827$7,951
15 years$21,488$18,393$15,684$13,329$11,294$6,717
16 years$19,937$16,875$14,220$11,935$9,982$5,692
17 years$18,569$15,542$12,940$10,723$8,850$4,835
18 years$17,355$14,361$11,812$9,664$7,869$4,115
19 years$16,270$13,310$10,814$8,732$7,014$3,509
20 years$15,294$12,368$9,924$7,909$6,265$2,996
21 years$14,413$11,520$9,128$7,178$5,607$2,562
22 years$13,612$10,754$8,413$6,526$5,026$2,193
23 years$12,883$10,058$7,768$5,943$4,511$1,879
24 years$12,215$9,424$7,184$5,421$4,055$1,611
25 years$11,602$8,844$6,654$4,951$3,649$1,382
26 years$11,036$8,311$6,171$4,527$3,287$1,186
27 years$10,514$7,822$5,731$4,143$2,963$1,019
28 years$10,030$7,371$5,327$3,796$2,674$875
29 years$9,579$6,953$4,957$3,481$2,414$752
30 years$9,160$6,567$4,618$3,195$2,181$647
31 years$8,769$6,208$4,305$2,934$1,972$556
32 years$8,402$5,874$4,017$2,697$1,784$478
33 years$8,059$5,563$3,750$2,480$1,615$412
34 years$7,736$5,272$3,504$2,282$1,462$354
35 years$7,433$5,000$3,276$2,100$1,324$305
36 years$7,147$4,746$3,065$1,934$1,200$262
37 years$6,877$4,508$2,868$1,782$1,087$226
38 years$6,622$4,284$2,686$1,643$986$194
39 years$6,381$4,074$2,517$1,515$894$167
40 years$6,152$3,876$2,359$1,397$811$144
41 years$5,935$3,689$2,212$1,289$736$124
42 years$5,729$3,514$2,075$1,190$667$107
43 years$5,533$3,348$1,947$1,098$606$92
44 years$5,347$3,191$1,828$1,014$550$79
45 years$5,169$3,043$1,716$936$499$68
46 years$4,999$2,903$1,612$865$453$59
47 years$4,838$2,770$1,514$799$412$51
48 years$4,683$2,645$1,423$738$374$44
49 years$4,535$2,525$1,337$682$339$38
50 years$4,394$2,412$1,257$631$308$32

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 $2,450 every year, while hoping to spend $29,228 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: 65/29/6 Blend
44$4,500,000$4,500,000$4,500,000$4,500,000
45$4,961,527$4,723,027$4,653,277$5,279,075
46$5,436,505$4,923,357$4,778,064$5,690,757
47$5,958,950$5,132,524$4,906,051$6,136,632
48$6,533,675$5,350,929$5,037,315$6,622,972
49$7,165,979$5,578,994$5,171,934$7,153,704
50$7,861,703$5,817,159$5,309,988$7,733,153
51$8,627,282$6,065,885$5,451,558$8,366,072
52$9,469,806$6,325,654$5,596,727$9,057,693
53$10,397,087$6,596,973$5,745,578$9,813,770
54$11,417,734$6,880,368$5,898,199$10,640,636
55$12,541,232$7,176,395$6,054,678$11,545,259
56$13,778,031$7,485,632$6,215,103$12,535,306
57$15,139,648$7,808,686$6,379,567$13,619,217
58$16,638,772$8,146,192$6,548,163$14,806,281
59$18,289,386$8,498,814$6,720,985$16,106,720
60$20,106,896$8,867,249$6,898,131$17,531,790
61$22,108,280$9,252,225$7,079,699$19,093,879
62$24,312,245$9,654,504$7,265,789$20,806,625
63$26,739,406$10,074,887$7,456,505$22,685,044
64$29,412,477$10,514,208$7,651,950$24,745,667
65$32,356,490$10,973,344$7,852,230$27,006,698
66$35,599,026$11,453,212$8,057,454$29,488,179
67$39,170,480$11,954,772$8,267,731$32,212,180
68$43,104,342$12,479,030$8,483,174$35,203,005
69$47,437,521$13,027,038$8,703,896$38,487,417
70$52,210,684$13,599,899$8,930,013$42,094,891
71$57,468,649$14,198,769$9,161,643$46,057,886
72$63,260,798$14,824,856$9,398,905$50,412,153
73$69,641,553$15,479,427$9,641,922$55,197,065
74$76,670,881$16,163,809$9,890,816$60,455,990
75$84,414,867$16,879,391$10,145,714$66,236,693
76$92,946,331$17,627,629$10,406,743$72,591,787
77$102,345,521$18,410,047$10,674,033$79,579,225
78$112,700,865$19,228,241$10,947,715$87,262,844
79$124,109,813$20,083,884$11,227,922$95,712,962
80$136,679,746$20,978,727$11,514,791$105,007,039
81$150,529,001$21,914,605$11,808,457$115,230,407
82$165,787,980$22,893,442$12,109,061$126,477,065
83$182,600,383$23,917,249$12,416,743$138,850,567
84$201,124,564$24,988,137$12,731,647$152,464,995
85$221,535,029$26,108,314$13,053,916$167,446,027
86$244,024,078$27,280,098$13,383,698$183,932,121
87$268,803,622$28,505,911$13,721,140$202,075,818
88$296,107,187$29,788,295$14,066,393$222,045,173
89$326,192,111$31,129,913$14,419,609$244,025,338
90$359,341,980$32,533,553$14,780,939$268,220,303
91$395,869,301$34,002,136$15,150,540$294,854,817
92$436,118,455$35,538,725$15,528,568$324,176,499
93$480,468,941$37,146,528$15,915,180$356,458,172
94$529,338,970$38,828,904$16,310,534$392,000,433
95$583,189,400$40,589,376$16,714,793$431,134,475
96$642,528,097$42,431,633$17,128,116$474,225,217
97$707,914,722$44,359,542$17,550,668$521,674,729
98$779,966,019$46,377,155$17,982,610$573,926,029
99$859,361,635$48,488,717$18,424,109$631,467,249
100$946,850,534$50,698,676$18,875,329$694,836,238