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%11.2%
1 years$371,606$368,296$365,066$361,914$358,836$357,024
2 years$183,963$180,537$177,217$173,997$170,874$169,045
3 years$121,424$117,983$114,671$111,482$108,410$106,621
4 years$90,160$86,730$83,451$80,316$77,319$75,583
5 years$71,407$67,997$64,761$61,691$58,776$57,100
6 years$58,909$55,525$52,337$49,334$46,508$44,892
7 years$49,985$46,630$43,492$40,561$37,823$36,270
8 years$43,296$39,970$36,885$34,025$31,378$29,886
9 years$38,095$34,801$31,769$28,982$26,425$24,995
10 years$33,937$30,676$27,697$24,983$22,515$21,146
11 years$30,538$27,309$24,384$21,742$19,364$18,054
12 years$27,707$24,511$21,640$19,071$16,780$15,530
13 years$25,313$22,151$19,334$16,837$14,633$13,440
14 years$23,263$20,134$17,372$14,946$12,827$11,690
15 years$21,488$18,393$15,684$13,329$11,294$10,212
16 years$19,937$16,875$14,220$11,935$9,982$8,953
17 years$18,569$15,542$12,940$10,723$8,850$7,874
18 years$17,355$14,361$11,812$9,664$7,869$6,943
19 years$16,270$13,310$10,814$8,732$7,014$6,137
20 years$15,294$12,368$9,924$7,909$6,265$5,435
21 years$14,413$11,520$9,128$7,178$5,607$4,821
22 years$13,612$10,754$8,413$6,526$5,026$4,284
23 years$12,883$10,058$7,768$5,943$4,511$3,811
24 years$12,215$9,424$7,184$5,421$4,055$3,395
25 years$11,602$8,844$6,654$4,951$3,649$3,027
26 years$11,036$8,311$6,171$4,527$3,287$2,701
27 years$10,514$7,822$5,731$4,143$2,963$2,413
28 years$10,030$7,371$5,327$3,796$2,674$2,157
29 years$9,579$6,953$4,957$3,481$2,414$1,929
30 years$9,160$6,567$4,618$3,195$2,181$1,726
31 years$8,769$6,208$4,305$2,934$1,972$1,546
32 years$8,402$5,874$4,017$2,697$1,784$1,385
33 years$8,059$5,563$3,750$2,480$1,615$1,241
34 years$7,736$5,272$3,504$2,282$1,462$1,112
35 years$7,433$5,000$3,276$2,100$1,324$998
36 years$7,147$4,746$3,065$1,934$1,200$895
37 years$6,877$4,508$2,868$1,782$1,087$803
38 years$6,622$4,284$2,686$1,643$986$721
39 years$6,381$4,074$2,517$1,515$894$647
40 years$6,152$3,876$2,359$1,397$811$581
41 years$5,935$3,689$2,212$1,289$736$521
42 years$5,729$3,514$2,075$1,190$667$468
43 years$5,533$3,348$1,947$1,098$606$421
44 years$5,347$3,191$1,828$1,014$550$378
45 years$5,169$3,043$1,716$936$499$340
46 years$4,999$2,903$1,612$865$453$305
47 years$4,838$2,770$1,514$799$412$274
48 years$4,683$2,645$1,423$738$374$246
49 years$4,535$2,525$1,337$682$339$221
50 years$4,394$2,412$1,257$631$308$199

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 $3,242 every year, while hoping to spend $22,393 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: 54/23/23 Blend
44$4,500,000$4,500,000$4,500,000$4,500,000
45$4,962,344$4,723,844$4,654,094$5,198,767
46$5,444,677$4,931,487$4,786,180$5,569,302
47$5,975,458$5,148,553$4,921,941$5,969,857
48$6,559,604$5,375,481$5,061,475$6,405,447
49$7,202,534$5,612,731$5,204,885$6,879,431
50$7,910,220$5,860,782$5,352,276$7,395,505
51$8,689,240$6,120,137$5,503,755$7,957,729
52$9,546,843$6,391,325$5,659,432$8,570,571
53$10,491,018$6,674,897$5,819,420$9,238,945
54$11,530,567$6,971,432$5,983,835$9,968,256
55$12,675,187$7,281,534$6,152,796$10,764,449
56$13,935,567$7,605,840$6,326,425$11,634,067
57$15,323,482$7,945,013$6,504,847$12,584,307
58$16,851,908$8,299,750$6,688,191$13,623,091
59$18,535,145$8,670,781$6,876,588$14,759,133
60$20,388,949$9,058,868$7,070,173$16,002,028
61$22,430,683$9,464,813$7,269,085$17,362,334
62$24,679,478$9,889,455$7,473,465$18,851,671
63$27,156,418$10,333,671$7,683,459$20,482,832
64$29,884,734$10,798,382$7,899,216$22,269,900
65$32,890,026$11,284,553$8,120,889$24,228,378
66$36,200,506$11,793,193$8,348,636$26,375,334
67$39,847,259$12,325,360$8,582,616$28,729,561
68$43,864,541$12,882,165$8,822,996$31,311,752
69$48,290,101$13,464,767$9,069,943$34,144,689
70$53,165,536$14,074,386$9,323,631$37,253,462
71$58,536,686$14,712,297$9,584,238$40,665,700
72$64,454,064$15,379,835$9,851,946$44,411,826
73$70,973,333$16,078,401$10,126,941$48,525,348
74$78,155,834$16,809,464$10,409,414$53,043,168
75$86,069,161$17,574,560$10,699,562$58,005,927
76$94,787,803$18,375,301$10,997,584$63,458,389
77$104,393,843$19,213,375$11,303,688$69,449,857
78$114,977,737$20,090,552$11,618,083$76,034,636
79$126,639,163$21,008,685$11,940,985$83,272,540
80$139,487,965$21,969,719$12,272,616$91,229,460
81$153,645,192$22,975,689$12,613,203$99,977,971
82$169,244,233$24,028,729$12,962,976$109,598,023
83$186,432,084$25,131,076$13,322,176$120,177,686
84$205,370,731$26,285,074$13,691,043$131,813,978
85$226,238,682$27,493,179$14,069,829$144,613,777
86$249,232,648$28,757,965$14,458,789$158,694,825
87$274,569,403$30,082,130$14,858,184$174,186,833
88$302,487,831$31,468,503$15,268,282$191,232,702
89$333,251,178$32,920,048$15,689,357$209,989,865
90$367,149,537$34,439,870$16,121,690$230,631,767
91$404,502,592$36,031,225$16,565,568$253,349,499
92$445,662,628$37,697,527$17,021,287$278,353,592
93$491,017,862$39,442,352$17,489,146$305,876,003
94$540,996,106$41,269,449$17,969,454$336,172,290
95$596,068,805$43,182,748$18,462,527$369,524,026
96$656,755,489$45,186,369$18,968,687$406,241,442
97$723,628,676$47,284,628$19,488,266$446,666,354
98$797,319,278$49,482,052$20,021,600$491,175,376
99$878,522,557$51,783,385$20,569,035$540,183,473
100$968,004,686$54,193,599$21,130,927$594,147,863