Can I retire at age 45 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$379,864$376,480$373,179$369,957$366,810$356,642
2 years$188,051$184,549$181,155$177,864$174,672$164,503
3 years$124,122$120,605$117,219$113,959$110,819$100,968
4 years$92,164$88,657$85,306$82,101$79,037$69,580
5 years$72,994$69,508$66,201$63,062$60,083$51,045
6 years$60,218$56,759$53,500$50,431$47,541$38,932
7 years$51,096$47,666$44,459$41,462$38,664$30,484
8 years$44,258$40,859$37,704$34,781$32,075$24,319
9 years$38,942$35,575$32,475$29,626$27,012$19,673
10 years$34,692$31,357$28,312$25,538$23,016$16,084
11 years$31,216$27,916$24,926$22,226$19,794$13,258
12 years$28,322$25,056$22,121$19,495$17,153$11,001
13 years$25,876$22,643$19,764$17,211$14,958$9,176
14 years$23,780$20,582$17,758$15,278$13,112$7,687
15 years$21,966$18,802$16,033$13,625$11,545$6,462
16 years$20,380$17,250$14,536$12,200$10,203$5,448
17 years$18,982$15,887$13,227$10,962$9,047$4,604
18 years$17,740$14,680$12,075$9,879$8,044$3,899
19 years$16,631$13,605$11,054$8,926$7,170$3,307
20 years$15,634$12,643$10,145$8,084$6,404$2,809
21 years$14,733$11,776$9,331$7,337$5,731$2,389
22 years$13,915$10,993$8,600$6,671$5,137$2,034
23 years$13,169$10,281$7,941$6,075$4,611$1,733
24 years$12,487$9,633$7,344$5,541$4,145$1,477
25 years$11,860$9,040$6,802$5,061$3,730$1,260
26 years$11,282$8,496$6,308$4,627$3,360$1,076
27 years$10,748$7,996$5,858$4,235$3,029$919
28 years$10,252$7,534$5,446$3,880$2,733$785
29 years$9,792$7,108$5,068$3,558$2,468$671
30 years$9,364$6,713$4,720$3,266$2,230$573
31 years$8,963$6,346$4,401$2,999$2,016$490
32 years$8,589$6,004$4,106$2,756$1,824$419
33 years$8,238$5,686$3,834$2,535$1,650$359
34 years$7,908$5,389$3,582$2,332$1,494$307
35 years$7,598$5,112$3,349$2,147$1,353$262
36 years$7,306$4,852$3,133$1,977$1,226$225
37 years$7,030$4,608$2,932$1,822$1,111$192
38 years$6,769$4,379$2,746$1,679$1,008$164
39 years$6,523$4,164$2,573$1,548$914$141
40 years$6,289$3,962$2,411$1,428$829$120
41 years$6,067$3,771$2,261$1,318$752$103
42 years$5,856$3,592$2,121$1,216$682$88
43 years$5,656$3,422$1,990$1,122$619$76
44 years$5,465$3,262$1,868$1,036$562$65
45 years$5,284$3,111$1,754$957$510$55
46 years$5,110$2,967$1,648$884$463$47
47 years$4,945$2,832$1,548$817$421$41
48 years$4,787$2,703$1,455$755$382$35
49 years$4,636$2,582$1,367$698$347$30
50 years$4,491$2,466$1,285$645$315$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,600,000, adding $6,456 every year, while hoping to spend $33,048 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: 73/10/17 Blend
44$4,600,000$4,600,000$4,600,000$4,600,000
45$5,075,859$4,832,059$4,760,759$5,426,084
46$5,558,434$5,033,667$4,885,082$5,860,845
47$6,089,124$5,244,047$5,012,462$6,332,307
48$6,672,802$5,463,592$5,142,966$6,847,909
49$7,314,836$5,692,717$5,276,664$7,412,025
50$8,021,142$5,931,853$5,413,625$8,029,472
51$8,798,238$6,181,452$5,553,921$8,705,553
52$9,653,303$6,441,989$5,697,623$9,446,107
53$10,594,252$6,713,958$5,844,804$10,257,565
54$11,629,801$6,997,877$5,995,541$11,147,006
55$12,769,556$7,294,289$6,149,907$12,122,230
56$14,024,102$7,603,760$6,307,980$13,191,822
57$15,405,102$7,926,885$6,469,838$14,365,243
58$16,925,405$8,264,286$6,635,561$15,652,909
59$18,599,172$8,616,612$6,805,228$17,066,293
60$20,442,006$8,984,544$6,978,922$18,618,034
61$22,471,099$9,368,795$7,156,724$20,322,050
62$24,705,396$9,770,111$7,338,719$22,193,676
63$27,165,772$10,189,272$7,524,992$24,249,802
64$29,875,230$10,627,095$7,715,628$26,509,034
65$32,859,116$11,084,436$7,910,715$28,991,867
66$36,145,363$11,562,190$8,110,340$31,720,880
67$39,764,747$12,061,294$8,314,593$34,720,947
68$43,751,183$12,582,730$8,523,565$38,019,470
69$48,142,045$13,127,525$8,737,345$41,646,638
70$52,978,514$13,696,754$8,956,027$45,635,710
71$58,305,972$14,291,544$9,179,703$50,023,327
72$64,174,425$14,913,074$9,408,467$54,849,859
73$70,638,980$15,562,578$9,642,414$60,159,781
74$77,760,360$16,241,348$9,881,639$66,002,098
75$85,605,481$16,950,739$10,126,238$72,430,799
76$94,248,082$17,692,167$10,376,309$79,505,369
77$103,769,420$18,467,117$10,631,949$87,291,351
78$114,259,037$19,277,142$10,893,256$95,860,956
79$125,815,607$20,123,870$11,160,328$105,293,754
80$138,547,865$21,009,006$11,433,265$115,677,413
81$152,575,634$21,934,334$11,712,166$127,108,531
82$168,030,956$22,901,723$11,997,131$139,693,544
83$185,059,337$23,913,132$12,288,259$153,549,730
84$203,821,124$24,970,610$12,585,650$168,806,313
85$224,493,014$26,076,305$12,889,405$185,605,684
86$247,269,724$27,232,467$13,199,622$204,104,737
87$272,365,829$28,441,450$13,516,403$224,476,354
88$300,017,786$29,705,724$13,839,845$246,911,033
89$330,486,168$31,027,872$14,170,047$271,618,682
90$364,058,122$32,410,603$14,507,109$298,830,602
91$401,050,080$33,856,751$14,851,126$328,801,664
92$441,810,745$35,369,289$15,202,196$361,812,716
93$486,724,385$36,951,329$15,560,413$398,173,228
94$536,214,458$38,606,130$15,925,873$438,224,215
95$590,747,611$40,337,108$16,298,668$482,341,450
96$650,838,082$42,147,841$16,678,888$530,939,010
97$717,052,559$44,042,078$17,066,623$584,473,181
98$790,015,526$46,023,746$17,461,961$643,446,764
99$870,415,160$48,096,959$17,864,987$708,413,815
100$959,009,824$50,266,028$18,275,782$779,984,876