Can I retire at age 45 with 4,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $4,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$404,637$401,033$397,517$394,084$390,733$377,923
2 years$200,316$196,585$192,969$189,464$186,063$173,280
3 years$132,217$128,470$124,864$121,391$118,046$105,690
4 years$98,175$94,439$90,869$87,456$84,192$72,358
5 years$77,754$74,042$70,518$67,174$64,001$52,721
6 years$64,145$60,461$56,989$53,720$50,642$39,925
7 years$54,429$50,775$47,358$44,166$41,185$31,030
8 years$47,144$43,523$40,163$37,050$34,167$24,567
9 years$41,482$37,895$34,593$31,558$28,774$19,716
10 years$36,954$33,402$30,159$27,203$24,517$15,988
11 years$33,252$29,736$26,551$23,675$21,085$13,070
12 years$30,170$26,690$23,564$20,766$18,272$10,752
13 years$27,563$24,120$21,053$18,334$15,934$8,890
14 years$25,331$21,924$18,916$16,274$13,967$7,380
15 years$23,398$20,028$17,078$14,514$12,298$6,148
16 years$21,709$18,375$15,484$12,996$10,869$5,135
17 years$20,220$16,923$14,090$11,676$9,637$4,298
18 years$18,897$15,638$12,862$10,523$8,569$3,605
19 years$17,716$14,493$11,775$9,508$7,638$3,028
20 years$16,654$13,467$10,806$8,612$6,822$2,547
21 years$15,694$12,544$9,940$7,816$6,105$2,144
22 years$14,822$11,710$9,161$7,106$5,472$1,807
23 years$14,028$10,952$8,459$6,472$4,912$1,524
24 years$13,301$10,261$7,823$5,903$4,415$1,286
25 years$12,633$9,630$7,245$5,391$3,973$1,086
26 years$12,017$9,050$6,720$4,929$3,579$917
27 years$11,448$8,517$6,240$4,512$3,227$775
28 years$10,921$8,026$5,801$4,134$2,911$655
29 years$10,431$7,571$5,398$3,791$2,629$554
30 years$9,974$7,150$5,028$3,479$2,375$468
31 years$9,548$6,760$4,688$3,195$2,148$396
32 years$9,149$6,396$4,374$2,936$1,943$335
33 years$8,775$6,057$4,084$2,700$1,758$284
34 years$8,424$5,741$3,816$2,484$1,592$240
35 years$8,094$5,445$3,567$2,287$1,442$203
36 years$7,782$5,168$3,337$2,106$1,306$172
37 years$7,489$4,908$3,123$1,941$1,184$145
38 years$7,211$4,665$2,925$1,789$1,073$123
39 years$6,948$4,436$2,740$1,649$973$104
40 years$6,699$4,220$2,569$1,521$883$88
41 years$6,463$4,017$2,408$1,404$801$75
42 years$6,238$3,826$2,259$1,295$727$63
43 years$6,025$3,645$2,120$1,196$660$54
44 years$5,822$3,475$1,990$1,104$599$45
45 years$5,628$3,314$1,869$1,020$544$38
46 years$5,444$3,161$1,755$942$493$32
47 years$5,268$3,017$1,649$870$448$28
48 years$5,099$2,880$1,549$804$407$23
49 years$4,938$2,750$1,456$743$370$20
50 years$4,784$2,627$1,369$687$336$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,900,000, adding $2,317 every year, while hoping to spend $26,748 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: 68/12/20 Blend
44$4,900,000$4,900,000$4,900,000$4,900,000
45$5,402,190$5,142,490$5,066,540$5,742,580
46$5,924,754$5,366,012$5,207,809$6,194,033
47$6,499,722$5,599,591$5,352,915$6,684,361
48$7,132,413$5,843,690$5,501,957$7,220,085
49$7,828,685$6,098,796$5,655,038$7,805,675
50$8,594,992$6,365,418$5,812,263$8,446,057
51$9,438,448$6,644,090$5,973,740$9,146,648
52$10,366,889$6,935,370$6,139,580$9,913,416
53$11,388,951$7,239,843$6,309,896$10,752,929
54$12,514,150$7,558,122$6,484,803$11,672,418
55$13,752,971$7,890,847$6,664,421$12,679,845
56$15,116,966$8,238,690$6,848,871$13,783,977
57$16,618,866$8,602,355$7,038,278$14,994,470
58$18,272,699$8,982,579$7,232,769$16,321,953
59$20,093,922$9,380,134$7,432,474$17,778,135
60$22,099,568$9,795,826$7,637,528$19,375,908
61$24,308,406$10,230,504$7,848,068$21,129,472
62$26,741,118$10,685,054$8,064,233$23,054,466
63$29,420,495$11,160,403$8,286,167$25,168,115
64$32,371,648$11,657,527$8,514,017$27,489,391
65$35,622,253$12,177,442$8,747,933$30,039,190
66$39,202,804$12,721,217$8,988,069$32,840,530
67$43,146,903$13,289,971$9,234,583$35,918,766
68$47,491,582$13,884,874$9,487,636$39,301,828
69$52,277,644$14,507,153$9,747,393$43,020,481
70$57,550,055$15,158,095$10,014,021$47,108,617
71$63,358,364$15,839,045$10,287,695$51,603,573
72$69,757,175$16,551,416$10,568,590$56,546,479
73$76,806,656$17,296,685$10,856,888$61,982,649
74$84,573,113$18,076,401$11,152,772$67,962,001
75$93,129,613$18,892,186$11,456,432$74,539,532
76$102,556,672$19,745,742$11,768,060$81,775,832
77$112,943,017$20,638,848$12,087,855$89,737,657
78$124,386,425$21,573,372$12,416,019$98,498,550
79$136,994,643$22,551,269$12,752,758$108,139,544
80$150,886,404$23,574,589$13,098,282$118,749,914
81$166,192,551$24,645,478$13,452,809$130,428,023
82$183,057,270$25,766,186$13,816,557$143,282,248
83$201,639,453$26,939,070$14,189,754$157,432,000
84$222,114,195$28,166,602$14,572,628$173,008,845
85$244,674,447$29,451,369$14,965,415$190,157,750
86$269,532,840$30,796,086$15,368,355$209,038,442
87$296,923,689$32,203,593$15,781,695$229,826,917
88$327,105,207$33,676,872$16,205,683$252,717,096
89$360,361,943$35,219,043$16,640,578$277,922,655
90$397,007,463$36,833,378$17,086,640$305,679,035
91$437,387,318$38,523,307$17,544,136$336,245,663
92$481,882,298$40,292,423$18,013,338$369,908,398
93$530,912,032$42,144,492$18,494,525$406,982,226
94$584,938,949$44,083,461$18,987,981$447,814,226
95$644,472,638$46,113,467$19,493,994$492,786,847
96$710,074,666$48,238,845$20,012,862$542,321,511
97$782,363,874$50,464,141$20,544,885$596,882,588
98$862,022,222$52,794,116$21,090,371$656,981,773
99$949,801,223$55,233,763$21,649,634$723,182,917
100$1,046,529,045$57,788,314$22,222,993$796,107,337