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%14.1%
1 years$371,606$368,296$365,066$361,914$358,836$352,747
2 years$183,963$180,537$177,217$173,997$170,874$164,758
3 years$121,424$117,983$114,671$111,482$108,410$102,457
4 years$90,160$86,730$83,451$80,316$77,319$71,575
5 years$71,407$67,997$64,761$61,691$58,776$53,259
6 years$58,909$55,525$52,337$49,334$46,508$41,223
7 years$49,985$46,630$43,492$40,561$37,823$32,772
8 years$43,296$39,970$36,885$34,025$31,378$26,560
9 years$38,095$34,801$31,769$28,982$26,425$21,836
10 years$33,937$30,676$27,697$24,983$22,515$18,153
11 years$30,538$27,309$24,384$21,742$19,364$15,223
12 years$27,707$24,511$21,640$19,071$16,780$12,856
13 years$25,313$22,151$19,334$16,837$14,633$10,918
14 years$23,263$20,134$17,372$14,946$12,827$9,316
15 years$21,488$18,393$15,684$13,329$11,294$7,980
16 years$19,937$16,875$14,220$11,935$9,982$6,858
17 years$18,569$15,542$12,940$10,723$8,850$5,910
18 years$17,355$14,361$11,812$9,664$7,869$5,105
19 years$16,270$13,310$10,814$8,732$7,014$4,418
20 years$15,294$12,368$9,924$7,909$6,265$3,830
21 years$14,413$11,520$9,128$7,178$5,607$3,325
22 years$13,612$10,754$8,413$6,526$5,026$2,890
23 years$12,883$10,058$7,768$5,943$4,511$2,515
24 years$12,215$9,424$7,184$5,421$4,055$2,191
25 years$11,602$8,844$6,654$4,951$3,649$1,909
26 years$11,036$8,311$6,171$4,527$3,287$1,666
27 years$10,514$7,822$5,731$4,143$2,963$1,454
28 years$10,030$7,371$5,327$3,796$2,674$1,269
29 years$9,579$6,953$4,957$3,481$2,414$1,109
30 years$9,160$6,567$4,618$3,195$2,181$969
31 years$8,769$6,208$4,305$2,934$1,972$848
32 years$8,402$5,874$4,017$2,697$1,784$741
33 years$8,059$5,563$3,750$2,480$1,615$648
34 years$7,736$5,272$3,504$2,282$1,462$567
35 years$7,433$5,000$3,276$2,100$1,324$497
36 years$7,147$4,746$3,065$1,934$1,200$435
37 years$6,877$4,508$2,868$1,782$1,087$381
38 years$6,622$4,284$2,686$1,643$986$333
39 years$6,381$4,074$2,517$1,515$894$292
40 years$6,152$3,876$2,359$1,397$811$256
41 years$5,935$3,689$2,212$1,289$736$224
42 years$5,729$3,514$2,075$1,190$667$196
43 years$5,533$3,348$1,947$1,098$606$172
44 years$5,347$3,191$1,828$1,014$550$150
45 years$5,169$3,043$1,716$936$499$132
46 years$4,999$2,903$1,612$865$453$115
47 years$4,838$2,770$1,514$799$412$101
48 years$4,683$2,645$1,423$738$374$89
49 years$4,535$2,525$1,337$682$339$78
50 years$4,394$2,412$1,257$631$308$68

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 $4,274 every year, while hoping to spend $59,249 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: 69/11/20 Blend
44$4,500,000$4,500,000$4,500,000$4,500,000
45$4,963,409$4,724,909$4,655,159$5,281,142
46$5,406,636$4,893,389$4,748,066$5,662,370
47$5,893,086$5,068,138$4,842,100$6,072,022
48$6,427,107$5,249,403$4,937,236$6,518,830
49$7,013,484$5,437,436$5,033,446$7,006,458
50$7,657,493$5,632,504$5,130,699$7,538,940
51$8,364,942$5,834,881$5,228,963$8,120,719
52$9,142,232$6,044,857$5,328,199$8,756,688
53$9,996,414$6,262,729$5,428,368$9,452,233
54$10,935,256$6,488,810$5,529,426$10,213,289
55$11,967,314$6,723,424$5,631,324$11,046,389
56$13,102,017$6,966,908$5,734,010$11,958,732
57$14,349,752$7,219,616$5,837,428$12,958,245
58$15,721,962$7,481,913$5,941,518$14,053,659
59$17,231,257$7,754,182$6,046,214$15,254,592
60$18,891,529$8,036,820$6,151,445$16,571,639
61$20,718,082$8,330,241$6,257,136$18,016,470
62$22,727,782$8,634,879$6,363,205$19,601,943
63$24,939,210$8,951,181$6,469,567$21,342,221
64$27,372,838$9,279,619$6,576,127$23,252,905
65$30,051,227$9,620,679$6,682,786$25,351,186
66$32,999,231$9,974,872$6,789,438$27,656,000
67$36,244,240$10,342,727$6,895,972$30,188,211
68$39,816,430$10,724,799$7,002,265$32,970,806
69$43,749,056$11,121,664$7,108,190$36,029,108
70$48,078,756$11,533,922$7,213,611$39,391,021
71$52,845,906$11,962,201$7,318,384$43,087,287
72$58,094,994$12,407,154$7,422,355$47,151,778
73$63,875,040$12,869,462$7,525,361$51,621,813
74$70,240,064$13,349,835$7,627,230$56,538,515
75$77,249,588$13,849,014$7,727,780$61,947,191
76$84,969,202$14,367,772$7,826,816$67,897,764
77$93,471,181$14,906,913$7,924,135$74,445,242
78$102,835,169$15,467,279$8,019,521$81,650,236
79$113,148,926$16,049,746$8,112,745$89,579,532
80$124,509,160$16,655,227$8,203,566$98,306,722
81$137,022,438$17,284,677$8,291,729$107,912,894
82$150,806,191$17,939,090$8,376,966$118,487,400
83$165,989,821$18,619,505$8,458,993$130,128,697
84$182,715,926$19,327,004$8,537,513$142,945,277
85$201,141,641$20,062,717$8,612,210$157,056,688
86$221,440,122$20,827,824$8,682,753$172,594,663
87$243,802,183$21,623,556$8,748,793$189,704,363
88$268,438,091$22,451,196$8,809,963$208,545,745
89$295,579,557$23,312,085$8,865,878$229,295,071
90$325,481,917$24,207,622$8,916,130$252,146,572
91$358,426,545$25,139,268$8,960,293$277,314,280
92$394,723,507$26,108,547$8,997,917$305,034,047
93$434,714,490$27,117,050$9,028,532$335,565,772
94$478,776,022$28,166,440$9,051,642$369,195,849
95$527,323,030$29,258,450$9,066,726$406,239,874
96$580,812,757$30,394,892$9,073,239$447,045,621
97$639,749,074$31,577,657$9,070,608$491,996,325
98$704,687,237$32,808,720$9,058,232$541,514,297
99$776,239,132$34,090,143$9,035,479$596,064,908
100$855,079,044$35,424,081$9,001,688$656,160,987