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%15.7%
1 years$379,864$376,480$373,179$369,957$366,810$358,234
2 years$188,051$184,549$181,155$177,864$174,672$166,080
3 years$124,122$120,605$117,219$113,959$110,819$102,480
4 years$92,164$88,657$85,306$82,101$79,037$71,015
5 years$72,994$69,508$66,201$63,062$60,083$52,401
6 years$60,218$56,759$53,500$50,431$47,541$40,207
7 years$51,096$47,666$44,459$41,462$38,664$31,678
8 years$44,258$40,859$37,704$34,781$32,075$25,435
9 years$38,942$35,575$32,475$29,626$27,012$20,713
10 years$34,692$31,357$28,312$25,538$23,016$17,050
11 years$31,216$27,916$24,926$22,226$19,794$14,154
12 years$28,322$25,056$22,121$19,495$17,153$11,830
13 years$25,876$22,643$19,764$17,211$14,958$9,941
14 years$23,780$20,582$17,758$15,278$13,112$8,391
15 years$21,966$18,802$16,033$13,625$11,545$7,108
16 years$20,380$17,250$14,536$12,200$10,203$6,040
17 years$18,982$15,887$13,227$10,962$9,047$5,145
18 years$17,740$14,680$12,075$9,879$8,044$4,393
19 years$16,631$13,605$11,054$8,926$7,170$3,757
20 years$15,634$12,643$10,145$8,084$6,404$3,218
21 years$14,733$11,776$9,331$7,337$5,731$2,760
22 years$13,915$10,993$8,600$6,671$5,137$2,369
23 years$13,169$10,281$7,941$6,075$4,611$2,036
24 years$12,487$9,633$7,344$5,541$4,145$1,751
25 years$11,860$9,040$6,802$5,061$3,730$1,507
26 years$11,282$8,496$6,308$4,627$3,360$1,298
27 years$10,748$7,996$5,858$4,235$3,029$1,118
28 years$10,252$7,534$5,446$3,880$2,733$964
29 years$9,792$7,108$5,068$3,558$2,468$831
30 years$9,364$6,713$4,720$3,266$2,230$717
31 years$8,963$6,346$4,401$2,999$2,016$619
32 years$8,589$6,004$4,106$2,756$1,824$534
33 years$8,238$5,686$3,834$2,535$1,650$461
34 years$7,908$5,389$3,582$2,332$1,494$398
35 years$7,598$5,112$3,349$2,147$1,353$344
36 years$7,306$4,852$3,133$1,977$1,226$297
37 years$7,030$4,608$2,932$1,822$1,111$256
38 years$6,769$4,379$2,746$1,679$1,008$221
39 years$6,523$4,164$2,573$1,548$914$191
40 years$6,289$3,962$2,411$1,428$829$165
41 years$6,067$3,771$2,261$1,318$752$143
42 years$5,856$3,592$2,121$1,216$682$123
43 years$5,656$3,422$1,990$1,122$619$107
44 years$5,465$3,262$1,868$1,036$562$92
45 years$5,284$3,111$1,754$957$510$80
46 years$5,110$2,967$1,648$884$463$69
47 years$4,945$2,832$1,548$817$421$59
48 years$4,787$2,703$1,455$755$382$51
49 years$4,636$2,582$1,367$698$347$44
50 years$4,491$2,466$1,285$645$315$38

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 $2,432 every year, while hoping to spend $26,127 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: 63/21/16 Blend
44$4,600,000$4,600,000$4,600,000$4,600,000
45$5,071,709$4,827,909$4,756,609$5,370,977
46$5,561,224$5,036,677$4,888,156$5,780,992
47$6,099,794$5,254,800$5,023,235$6,225,356
48$6,692,395$5,482,707$5,161,935$6,709,989
49$7,344,510$5,720,850$5,304,351$7,238,811
50$8,062,180$5,969,701$5,450,576$7,816,136
51$8,852,060$6,229,755$5,600,708$8,446,711
52$9,721,486$6,501,528$5,754,847$9,135,758
53$10,678,538$6,785,564$5,913,095$9,889,023
54$11,732,122$7,082,429$6,075,557$10,712,832
55$12,892,049$7,392,719$6,242,339$11,614,145
56$14,169,130$7,717,055$6,413,550$12,600,624
57$15,575,281$8,056,090$6,589,303$13,680,702
58$17,123,626$8,410,505$6,769,711$14,863,662
59$18,828,633$8,781,017$6,954,893$16,159,723
60$20,706,240$9,168,373$7,144,969$17,580,136
61$22,774,011$9,573,357$7,340,059$19,137,289
62$25,051,300$9,996,792$7,540,291$20,844,820
63$27,559,434$10,439,536$7,745,793$22,717,746
64$30,321,914$10,902,492$7,956,695$24,772,603
65$33,364,637$11,386,602$8,173,132$27,027,601
66$36,716,140$11,892,854$8,395,241$29,502,792
67$40,407,867$12,422,285$8,623,163$32,220,258
68$44,474,471$12,975,979$8,857,040$35,204,320
69$48,954,136$13,555,071$9,097,020$38,481,761
70$53,888,940$14,160,751$9,343,252$42,082,083
71$59,325,250$14,794,267$9,595,890$46,037,777
72$65,314,163$15,456,923$9,855,090$50,384,629
73$71,911,984$16,150,088$10,121,011$55,162,059
74$79,180,759$16,875,195$10,393,818$60,413,486
75$87,188,862$17,633,746$10,673,677$66,186,737
76$96,011,640$18,427,313$10,960,759$72,534,498
77$105,732,121$19,257,545$11,255,238$79,514,803
78$116,441,800$20,126,168$11,557,291$87,191,584
79$128,241,504$21,034,991$11,867,101$95,635,271
80$141,242,342$21,985,909$12,184,853$104,923,448
81$155,566,751$22,980,909$12,510,736$115,141,589
82$171,349,657$24,022,071$12,844,943$126,383,859
83$188,739,745$25,111,576$13,187,672$138,753,996
84$207,900,863$26,251,707$13,539,123$152,366,290
85$229,013,570$27,444,860$13,899,502$167,346,657
86$252,276,838$28,693,541$14,269,019$183,833,824
87$277,909,931$30,000,381$14,647,888$201,980,630
88$306,154,477$31,368,133$15,036,325$221,955,472
89$337,276,746$32,799,683$15,434,553$243,943,883
90$371,570,162$34,298,056$15,842,799$268,150,280
91$409,358,080$35,866,421$16,261,294$294,799,891
92$450,996,830$37,508,102$16,690,273$324,140,874
93$496,879,085$39,226,577$17,129,976$356,446,652
94$547,437,569$41,025,497$17,580,647$392,018,492
95$603,149,137$42,908,682$18,042,535$431,188,341
96$664,539,283$44,880,142$18,515,894$474,321,951
97$732,187,096$46,944,075$19,000,982$521,822,329
98$806,730,726$49,104,881$19,498,062$574,133,532
99$888,873,415$51,367,174$20,007,401$631,744,850
100$979,390,126$53,735,789$20,529,272$695,195,423