Can I retire at age 45 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$272,511$270,084$267,715$265,404$263,147$252,606
2 years$134,906$132,394$129,959$127,598$125,308$114,821
3 years$89,044$86,521$84,092$81,753$79,500$69,397
4 years$66,118$63,602$61,197$58,899$56,700$47,058
5 years$52,365$49,865$47,492$45,240$43,103$33,945
6 years$43,200$40,718$38,380$36,179$34,106$25,439
7 years$36,656$34,195$31,894$29,744$27,737$19,558
8 years$31,750$29,312$27,049$24,952$23,011$15,310
9 years$27,937$25,521$23,297$21,253$19,378$12,145
10 years$24,887$22,496$20,311$18,321$16,511$9,731
11 years$22,394$20,026$17,881$15,944$14,200$7,857
12 years$20,318$17,975$15,869$13,985$12,306$6,382
13 years$18,563$16,244$14,178$12,347$10,731$5,209
14 years$17,060$14,765$12,739$10,960$9,406$4,267
15 years$15,758$13,488$11,502$9,775$8,282$3,507
16 years$14,620$12,375$10,428$8,752$7,320$2,889
17 years$13,617$11,397$9,489$7,864$6,490$2,385
18 years$12,727$10,531$8,662$7,087$5,771$1,972
19 years$11,931$9,760$7,930$6,404$5,144$1,632
20 years$11,216$9,070$7,278$5,800$4,594$1,353
21 years$10,569$8,448$6,694$5,264$4,112$1,123
22 years$9,982$7,886$6,170$4,786$3,685$932
23 years$9,447$7,376$5,697$4,359$3,308$774
24 years$8,958$6,911$5,268$3,975$2,973$644
25 years$8,508$6,485$4,880$3,630$2,676$535
26 years$8,093$6,095$4,526$3,319$2,410$445
27 years$7,710$5,736$4,202$3,038$2,173$370
28 years$7,355$5,405$3,907$2,784$1,961$308
29 years$7,025$5,099$3,635$2,553$1,770$257
30 years$6,717$4,816$3,386$2,343$1,600$214
31 years$6,430$4,552$3,157$2,152$1,446$178
32 years$6,162$4,307$2,945$1,977$1,308$148
33 years$5,910$4,079$2,750$1,818$1,184$123
34 years$5,673$3,866$2,570$1,673$1,072$103
35 years$5,451$3,667$2,402$1,540$971$86
36 years$5,241$3,481$2,247$1,418$880$71
37 years$5,043$3,306$2,104$1,307$797$59
38 years$4,856$3,142$1,970$1,205$723$50
39 years$4,679$2,987$1,846$1,111$655$41
40 years$4,512$2,842$1,730$1,025$595$34
41 years$4,353$2,706$1,622$945$539$29
42 years$4,201$2,577$1,522$872$489$24
43 years$4,058$2,455$1,428$805$444$20
44 years$3,921$2,340$1,340$744$403$17
45 years$3,791$2,232$1,258$687$366$14
46 years$3,666$2,129$1,182$634$332$12
47 years$3,548$2,032$1,110$586$302$10
48 years$3,434$1,939$1,043$541$274$8
49 years$3,326$1,852$981$500$249$7
50 years$3,222$1,769$922$463$226$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,300,000, adding $6,697 every year, while hoping to spend $51,335 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: 40/48/12 Blend
44$3,300,000$3,300,000$3,300,000$3,300,000
45$3,643,508$3,468,608$3,417,458$3,775,933
46$3,960,526$3,583,950$3,477,323$3,985,380
47$4,308,159$3,703,223$3,537,472$4,206,251
48$4,689,476$3,826,565$3,597,863$4,444,052
49$5,107,856$3,954,121$3,658,445$4,700,339
50$5,567,023$4,086,039$3,719,169$4,976,823
51$6,071,078$4,222,473$3,779,979$5,275,382
52$6,624,537$4,363,583$3,840,817$5,598,081
53$7,232,376$4,509,535$3,901,621$5,947,189
54$7,900,077$4,660,501$3,962,324$6,325,200
55$8,633,678$4,816,659$4,022,855$6,734,859
56$9,439,833$4,978,194$4,083,140$7,179,180
57$10,325,869$5,145,299$4,143,098$7,661,481
58$11,299,860$5,318,171$4,202,645$8,185,412
59$12,370,703$5,497,019$4,261,691$8,754,986
60$13,548,196$5,682,054$4,320,139$9,374,619
61$14,843,138$5,873,501$4,377,889$10,049,170
62$16,267,424$6,071,588$4,434,835$10,783,986
63$17,834,162$6,276,556$4,490,862$11,584,951
64$19,557,791$6,488,653$4,545,851$12,458,541
65$21,454,224$6,708,135$4,599,675$13,411,883
66$23,540,992$6,935,270$4,652,201$14,452,823
67$25,837,410$7,170,336$4,703,287$15,589,999
68$28,364,764$7,413,620$4,752,785$16,832,919
69$31,146,503$7,665,421$4,800,537$18,192,051
70$34,208,469$7,926,049$4,846,377$19,678,922
71$37,579,133$8,195,826$4,890,131$21,306,223
72$41,289,869$8,475,086$4,931,615$23,087,929
73$45,375,247$8,764,176$4,970,635$25,039,429
74$49,873,358$9,063,457$5,006,988$27,177,670
75$54,826,176$9,373,302$5,040,458$29,521,317
76$60,279,953$9,694,100$5,070,820$32,090,924
77$66,285,652$10,026,255$5,097,836$34,909,132
78$72,899,433$10,370,186$5,121,258$38,000,875
79$80,183,178$10,726,328$5,140,822$41,393,617
80$88,205,076$11,095,132$5,156,254$45,117,612
81$97,040,270$11,477,069$5,167,265$49,206,181
82$106,771,559$11,872,627$5,173,549$53,696,032
83$117,490,184$12,282,313$5,174,790$58,627,600
84$129,296,689$12,706,652$5,170,652$64,045,428
85$142,301,867$13,146,194$5,160,784$69,998,587
86$156,627,806$13,601,505$5,144,818$76,541,133
87$172,409,041$14,073,178$5,122,369$83,732,621
88$189,793,826$14,561,827$5,093,031$91,638,660
89$208,945,530$15,068,090$5,056,381$100,331,531
90$230,044,179$15,592,631$5,011,975$109,890,872
91$253,288,155$16,136,140$4,959,346$120,404,417
92$278,896,070$16,699,334$4,898,008$131,968,833
93$307,108,828$17,282,960$4,827,449$144,690,623
94$338,191,895$17,887,791$4,747,135$158,687,128
95$372,437,811$18,514,636$4,656,507$174,087,638
96$410,168,946$19,164,331$4,554,978$191,034,603
97$451,740,545$19,837,750$4,441,936$209,684,978
98$497,544,079$20,535,799$4,316,740$230,211,703
99$548,010,943$21,259,421$4,178,719$252,805,327
100$603,616,524$22,009,598$4,027,171$277,675,810