Can I retire at age 45 with 3,100,000?

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 $3,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$255,995$253,715$251,490$249,319$247,198$242,207
2 years$126,730$124,370$122,083$119,865$117,714$112,707
3 years$83,648$81,277$78,996$76,799$74,682$69,816
4 years$62,110$59,747$57,489$55,329$53,264$48,576
5 years$49,192$46,843$44,613$42,498$40,490$35,994
6 years$40,582$38,251$36,054$33,986$32,039$27,739
7 years$34,434$32,123$29,961$27,942$26,056$21,954
8 years$29,826$27,535$25,410$23,440$21,616$17,710
9 years$26,243$23,974$21,885$19,965$18,204$14,491
10 years$23,379$21,132$19,080$17,210$15,511$11,988
11 years$21,037$18,813$16,798$14,978$13,340$10,002
12 years$19,087$16,885$14,908$13,138$11,560$8,403
13 years$17,438$15,259$13,319$11,599$10,080$7,099
14 years$16,026$13,870$11,967$10,296$8,836$6,025
15 years$14,803$12,671$10,805$9,182$7,780$5,132
16 years$13,734$11,625$9,796$8,222$6,876$4,386
17 years$12,792$10,706$8,914$7,387$6,097$3,758
18 years$11,956$9,893$8,137$6,657$5,421$3,227
19 years$11,208$9,169$7,449$6,015$4,832$2,776
20 years$10,536$8,520$6,837$5,448$4,316$2,392
21 years$9,929$7,936$6,288$4,945$3,862$2,064
22 years$9,377$7,408$5,796$4,496$3,462$1,784
23 years$8,875$6,929$5,351$4,094$3,108$1,542
24 years$8,415$6,492$4,949$3,734$2,793$1,335
25 years$7,992$6,092$4,584$3,410$2,514$1,156
26 years$7,603$5,726$4,251$3,118$2,264$1,002
27 years$7,243$5,389$3,948$2,854$2,041$869
28 years$6,909$5,078$3,670$2,615$1,842$754
29 years$6,599$4,790$3,415$2,398$1,663$654
30 years$6,310$4,524$3,181$2,201$1,503$568
31 years$6,041$4,276$2,966$2,021$1,359$494
32 years$5,788$4,046$2,767$1,858$1,229$429
33 years$5,552$3,832$2,584$1,708$1,112$373
34 years$5,329$3,632$2,414$1,572$1,007$324
35 years$5,120$3,445$2,257$1,447$912$282
36 years$4,924$3,270$2,111$1,333$826$245
37 years$4,738$3,105$1,976$1,228$749$213
38 years$4,562$2,951$1,850$1,132$679$185
39 years$4,396$2,806$1,734$1,043$616$161
40 years$4,238$2,670$1,625$962$559$140
41 years$4,089$2,542$1,524$888$507$122
42 years$3,947$2,420$1,429$819$460$106
43 years$3,812$2,306$1,341$756$417$92
44 years$3,683$2,198$1,259$698$379$80
45 years$3,561$2,096$1,182$645$344$70
46 years$3,444$2,000$1,110$596$312$61
47 years$3,333$1,908$1,043$550$283$53
48 years$3,226$1,822$980$509$257$46
49 years$3,124$1,740$921$470$234$40
50 years$3,027$1,662$866$435$212$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,100,000, adding $3,598 every year, while hoping to spend $31,168 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: 86/7/7 Blend
44$3,100,000$3,100,000$3,100,000$3,100,000
45$3,419,911$3,255,611$3,207,561$3,711,882
46$3,735,580$3,381,974$3,281,852$4,029,148
47$4,082,402$3,513,483$3,357,587$4,373,072
48$4,463,522$3,650,359$3,434,782$4,750,003
49$4,882,405$3,792,831$3,513,451$5,163,244
50$5,342,868$3,941,137$3,593,609$5,616,430
51$5,849,115$4,095,528$3,675,269$6,113,566
52$6,405,780$4,256,263$3,758,446$6,659,063
53$7,017,966$4,423,617$3,843,150$7,257,778
54$7,691,298$4,597,873$3,929,395$7,915,064
55$8,431,970$4,779,329$4,017,190$8,636,815
56$9,246,810$4,968,295$4,106,544$9,429,525
57$10,143,339$5,165,096$4,197,468$10,300,345
58$11,129,845$5,370,071$4,289,969$11,257,157
59$12,215,459$5,583,574$4,384,052$12,308,641
60$13,410,242$5,805,975$4,479,724$13,464,359
61$14,725,280$6,037,662$4,576,989$14,734,848
62$16,172,789$6,279,038$4,675,848$16,131,713
63$17,766,228$6,530,525$4,776,304$17,667,741
64$19,520,428$6,792,565$4,878,354$19,357,021
65$21,451,731$7,065,620$4,981,998$21,215,075
66$23,578,144$7,350,171$5,087,231$23,259,002
67$25,919,508$7,646,723$5,194,047$25,507,645
68$28,497,687$7,955,803$5,302,437$27,981,762
69$31,336,775$8,277,960$5,412,392$30,704,226
70$34,463,317$8,613,772$5,523,899$33,700,237
71$37,906,568$8,963,839$5,636,942$36,997,564
72$41,698,762$9,328,791$5,751,504$40,626,801
73$45,875,420$9,709,286$5,867,563$44,621,658
74$50,475,684$10,106,013$5,985,098$49,019,281
75$55,542,686$10,519,689$6,104,080$53,860,596
76$61,123,953$10,951,068$6,224,481$59,190,702
77$67,271,862$11,400,935$6,346,266$65,059,290
78$74,044,125$11,870,114$6,469,399$71,521,114
79$81,504,340$12,359,464$6,593,839$78,636,508
80$89,722,591$12,869,886$6,719,540$86,471,955
81$98,776,104$13,402,319$6,846,454$95,100,709
82$108,749,983$13,957,749$6,974,527$104,603,493
83$119,738,007$14,537,205$7,103,699$115,069,256
84$131,843,519$15,141,763$7,233,908$126,596,012
85$145,180,398$15,772,549$7,365,084$139,291,765
86$159,874,138$16,430,743$7,497,153$153,275,529
87$176,063,027$17,117,576$7,630,035$168,678,448
88$193,899,457$17,834,339$7,763,642$185,645,035
89$213,551,360$18,582,380$7,897,882$204,334,536
90$235,203,793$19,363,111$8,032,656$224,922,430
91$259,060,685$20,178,009$8,167,855$247,602,085
92$285,346,763$21,028,619$8,303,366$272,586,585
93$314,309,670$21,916,559$8,439,066$300,110,737
94$346,222,305$22,843,520$8,574,825$330,433,288
95$381,385,401$23,811,273$8,710,502$363,839,368
96$420,130,358$24,821,671$8,845,950$400,643,177
97$462,822,376$25,876,654$8,981,010$441,190,955
98$509,863,899$26,978,251$9,115,514$485,864,243
99$561,698,416$28,128,585$9,249,284$535,083,488
100$618,814,650$29,329,881$9,382,130$589,312,012