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%17.5%
1 years$379,864$376,480$373,179$369,957$366,810$355,638
2 years$188,051$184,549$181,155$177,864$174,672$163,512
3 years$124,122$120,605$117,219$113,959$110,819$100,021
4 years$92,164$88,657$85,306$82,101$79,037$68,684
5 years$72,994$69,508$66,201$63,062$60,083$50,203
6 years$60,218$56,759$53,500$50,431$47,541$38,144
7 years$51,096$47,666$44,459$41,462$38,664$29,747
8 years$44,258$40,859$37,704$34,781$32,075$23,634
9 years$38,942$35,575$32,475$29,626$27,012$19,038
10 years$34,692$31,357$28,312$25,538$23,016$15,496
11 years$31,216$27,916$24,926$22,226$19,794$12,717
12 years$28,322$25,056$22,121$19,495$17,153$10,503
13 years$25,876$22,643$19,764$17,211$14,958$8,720
14 years$23,780$20,582$17,758$15,278$13,112$7,269
15 years$21,966$18,802$16,033$13,625$11,545$6,081
16 years$20,380$17,250$14,536$12,200$10,203$5,101
17 years$18,982$15,887$13,227$10,962$9,047$4,289
18 years$17,740$14,680$12,075$9,879$8,044$3,613
19 years$16,631$13,605$11,054$8,926$7,170$3,049
20 years$15,634$12,643$10,145$8,084$6,404$2,576
21 years$14,733$11,776$9,331$7,337$5,731$2,179
22 years$13,915$10,993$8,600$6,671$5,137$1,845
23 years$13,169$10,281$7,941$6,075$4,611$1,563
24 years$12,487$9,633$7,344$5,541$4,145$1,325
25 years$11,860$9,040$6,802$5,061$3,730$1,124
26 years$11,282$8,496$6,308$4,627$3,360$954
27 years$10,748$7,996$5,858$4,235$3,029$810
28 years$10,252$7,534$5,446$3,880$2,733$688
29 years$9,792$7,108$5,068$3,558$2,468$585
30 years$9,364$6,713$4,720$3,266$2,230$497
31 years$8,963$6,346$4,401$2,999$2,016$422
32 years$8,589$6,004$4,106$2,756$1,824$359
33 years$8,238$5,686$3,834$2,535$1,650$305
34 years$7,908$5,389$3,582$2,332$1,494$260
35 years$7,598$5,112$3,349$2,147$1,353$221
36 years$7,306$4,852$3,133$1,977$1,226$188
37 years$7,030$4,608$2,932$1,822$1,111$160
38 years$6,769$4,379$2,746$1,679$1,008$136
39 years$6,523$4,164$2,573$1,548$914$116
40 years$6,289$3,962$2,411$1,428$829$98
41 years$6,067$3,771$2,261$1,318$752$84
42 years$5,856$3,592$2,121$1,216$682$71
43 years$5,656$3,422$1,990$1,122$619$61
44 years$5,465$3,262$1,868$1,036$562$52
45 years$5,284$3,111$1,754$957$510$44
46 years$5,110$2,967$1,648$884$463$37
47 years$4,945$2,832$1,548$817$421$32
48 years$4,787$2,703$1,455$755$382$27
49 years$4,636$2,582$1,367$698$347$23
50 years$4,491$2,466$1,285$645$315$20

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 $2,676 every year, while hoping to spend $38,207 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: 43/40/17 Blend
44$4,600,000$4,600,000$4,600,000$4,600,000
45$5,071,960$4,828,160$4,756,860$5,264,861
46$5,548,648$5,024,088$4,875,563$5,596,813
47$6,072,678$5,228,336$4,996,962$5,952,250
48$6,648,838$5,441,271$5,121,107$6,336,520
49$7,282,403$5,663,278$5,248,048$6,752,292
50$7,979,187$5,894,757$5,377,837$7,202,499
51$8,745,593$6,136,129$5,510,523$7,690,361
52$9,588,678$6,387,833$5,646,159$8,219,414
53$10,516,214$6,650,328$5,784,797$8,793,544
54$11,536,768$6,924,095$5,926,488$9,417,020
55$12,659,778$7,209,635$6,071,285$10,094,536
56$13,895,641$7,507,473$6,219,239$10,831,247
57$15,255,817$7,818,159$6,370,404$11,632,823
58$16,752,929$8,142,268$6,524,831$12,505,498
59$18,400,889$8,480,400$6,682,574$13,456,123
60$20,215,025$8,833,185$6,843,685$14,492,237
61$22,212,225$9,201,278$7,008,216$15,622,126
62$24,411,101$9,585,370$7,176,220$16,854,909
63$26,832,159$9,986,179$7,347,749$18,200,613
64$29,497,995$10,404,457$7,522,855$19,670,271
65$32,433,508$10,840,994$7,701,588$21,276,022
66$35,666,136$11,296,612$7,884,001$23,031,221
67$39,226,110$11,772,175$8,070,144$24,950,565
68$43,146,746$12,268,584$8,260,066$27,050,229
69$47,464,753$12,786,784$8,453,818$29,348,013
70$52,220,584$13,327,762$8,651,446$31,863,508
71$57,458,813$13,892,552$8,853,000$34,618,280
72$63,228,562$14,482,237$9,058,525$37,636,067
73$69,583,957$15,097,948$9,268,067$40,943,001
74$76,584,644$15,740,871$9,481,671$44,567,850
75$84,296,349$16,412,245$9,699,378$48,542,289
76$92,791,500$17,113,369$9,921,231$52,901,189
77$102,149,910$17,845,601$10,147,269$57,682,948
78$112,459,529$18,610,363$10,377,531$62,929,845
79$123,817,274$19,409,144$10,612,051$68,688,438
80$136,329,945$20,243,501$10,850,864$75,009,993
81$150,115,234$21,115,067$11,094,002$81,950,971
82$165,302,830$22,025,547$11,341,493$89,573,548
83$182,035,650$22,976,730$11,593,365$97,946,202
84$200,471,183$23,970,487$11,849,640$107,144,349
85$220,782,980$25,008,777$12,110,338$117,251,055
86$243,162,287$26,093,651$12,375,478$128,357,807
87$267,819,856$27,227,256$12,645,073$140,565,376
88$294,987,931$28,411,840$12,919,132$153,984,758
89$324,922,438$29,649,759$13,197,661$168,738,216
90$357,905,406$30,943,476$13,480,662$184,960,427
91$394,247,624$32,295,573$13,768,130$202,799,744
92$434,291,578$33,708,752$14,060,059$222,419,590
93$478,414,682$35,185,845$14,356,435$243,999,992
94$527,032,842$36,729,813$14,657,237$267,739,273
95$580,604,380$38,343,762$14,962,443$293,855,910
96$639,634,361$40,030,941$15,272,020$322,590,594
97$704,679,364$41,794,755$15,585,930$354,208,485
98$776,352,729$43,638,768$15,904,128$389,001,710
99$855,330,353$45,566,713$16,226,563$427,292,107
100$942,357,069$47,582,502$16,553,172$469,434,253