Can I retire at age 45 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$297,285$294,637$292,053$289,531$287,069$277,104
2 years$147,171$144,430$141,773$139,198$136,700$126,763
3 years$97,139$94,386$91,737$89,185$86,728$77,132
4 years$72,128$69,384$66,761$64,253$61,855$52,673
5 years$57,126$54,398$51,809$49,352$47,021$38,278
6 years$47,127$44,420$41,869$39,468$37,206$28,908
7 years$39,988$37,304$34,794$32,448$30,259$22,403
8 years$34,637$31,976$29,508$27,220$25,102$17,684
9 years$30,476$27,841$25,415$23,186$21,140$14,150
10 years$27,150$24,541$22,157$19,986$18,012$11,438
11 years$24,430$21,847$19,507$17,394$15,491$9,320
12 years$22,165$19,609$17,312$15,257$13,424$7,642
13 years$20,251$17,721$15,467$13,470$11,706$6,297
14 years$18,611$16,107$13,897$11,957$10,262$5,209
15 years$17,191$14,714$12,547$10,663$9,035$4,324
16 years$15,949$13,500$11,376$9,548$7,985$3,598
17 years$14,855$12,433$10,352$8,579$7,080$3,001
18 years$13,884$11,489$9,450$7,731$6,295$2,508
19 years$13,016$10,648$8,651$6,986$5,611$2,098
20 years$12,235$9,894$7,939$6,327$5,012$1,758
21 years$11,530$9,216$7,303$5,742$4,485$1,474
22 years$10,890$8,603$6,731$5,221$4,020$1,238
23 years$10,306$8,046$6,214$4,755$3,609$1,040
24 years$9,772$7,539$5,747$4,337$3,244$874
25 years$9,281$7,075$5,323$3,960$2,919$735
26 years$8,829$6,649$4,937$3,621$2,629$618
27 years$8,411$6,258$4,584$3,315$2,371$520
28 years$8,024$5,897$4,262$3,037$2,139$438
29 years$7,664$5,563$3,966$2,785$1,931$369
30 years$7,328$5,253$3,694$2,556$1,745$311
31 years$7,015$4,966$3,444$2,347$1,578$262
32 years$6,722$4,699$3,213$2,157$1,427$220
33 years$6,447$4,450$3,000$1,984$1,292$186
34 years$6,189$4,218$2,803$1,825$1,169$157
35 years$5,946$4,000$2,621$1,680$1,059$132
36 years$5,718$3,797$2,452$1,547$960$111
37 years$5,502$3,606$2,295$1,426$870$94
38 years$5,298$3,427$2,149$1,314$789$79
39 years$5,105$3,259$2,013$1,212$715$67
40 years$4,922$3,101$1,887$1,118$649$56
41 years$4,748$2,951$1,770$1,031$588$47
42 years$4,583$2,811$1,660$952$534$40
43 years$4,427$2,678$1,558$878$485$34
44 years$4,277$2,553$1,462$811$440$28
45 years$4,135$2,434$1,373$749$399$24
46 years$3,999$2,322$1,289$692$363$20
47 years$3,870$2,216$1,211$639$329$17
48 years$3,746$2,116$1,138$591$299$14
49 years$3,628$2,020$1,070$546$272$12
50 years$3,515$1,930$1,006$505$247$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,600,000, adding $6,593 every year, while hoping to spend $24,028 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: 77/18/5 Blend
44$3,600,000$3,600,000$3,600,000$3,600,000
45$3,974,001$3,783,201$3,727,401$4,278,450
46$4,353,783$3,943,012$3,826,703$4,638,900
47$4,771,498$4,109,849$3,928,527$5,030,183
48$5,230,989$4,284,030$4,032,931$5,458,438
49$5,736,492$4,465,889$4,139,975$5,927,323
50$6,292,672$4,655,775$4,249,722$6,440,868
51$6,904,670$4,854,054$4,362,234$7,003,508
52$7,578,152$5,061,108$4,477,574$7,620,124
53$8,319,359$5,277,338$4,595,809$8,296,093
54$9,135,169$5,503,162$4,717,003$9,037,332
55$10,033,159$5,739,020$4,841,226$9,850,358
56$11,021,680$5,985,371$4,968,545$10,742,347
57$12,109,931$6,242,694$5,099,032$11,721,201
58$13,308,051$6,511,493$5,232,757$12,795,619
59$14,627,212$6,792,296$5,369,793$13,975,186
60$16,079,721$7,085,652$5,510,215$15,270,454
61$17,679,143$7,392,139$5,654,098$16,693,044
62$19,440,424$7,712,363$5,801,518$18,255,758
63$21,380,033$8,046,954$5,952,555$19,972,694
64$23,516,117$8,396,576$6,107,286$21,859,380
65$25,868,675$8,761,922$6,265,794$23,932,920
66$28,459,742$9,143,718$6,428,160$26,212,154
67$31,313,600$9,542,725$6,594,468$28,717,835
68$34,457,007$9,959,738$6,764,803$31,472,821
69$37,919,449$10,395,592$6,939,251$34,502,296
70$41,733,416$10,851,159$7,117,899$37,833,998
71$45,934,712$11,327,354$7,300,836$41,498,485
72$50,562,792$11,825,134$7,488,154$45,529,422
73$55,661,133$12,345,501$7,679,942$49,963,895
74$61,277,644$12,889,506$7,876,296$54,842,760
75$67,465,119$13,458,247$8,077,308$60,211,029
76$74,281,738$14,052,878$8,283,074$66,118,290
77$81,791,609$14,674,603$8,493,691$72,619,176
78$90,065,382$15,324,687$8,709,258$79,773,878
79$99,180,906$16,004,452$8,929,874$87,648,713
80$109,223,973$16,715,285$9,155,639$96,316,742
81$120,289,121$17,458,637$9,386,656$105,858,466
82$132,480,530$18,236,029$9,623,027$116,362,578
83$145,913,003$19,049,053$9,864,858$127,926,799
84$160,713,051$19,899,378$10,112,252$140,658,801
85$177,020,088$20,788,753$10,365,318$154,677,215
86$194,987,742$21,719,007$10,624,161$170,112,755
87$214,785,313$22,692,059$10,888,892$187,109,446
88$236,599,364$23,709,919$11,159,618$205,825,978
89$260,635,485$24,774,692$11,436,452$226,437,208
90$287,120,235$25,888,582$11,719,503$249,135,801
91$316,303,277$27,053,901$12,008,885$274,134,050
92$348,459,738$28,273,068$12,304,709$301,665,872
93$383,892,804$29,548,621$12,607,090$331,989,020
94$422,936,583$30,883,217$12,916,141$365,387,505
95$465,959,259$32,279,639$13,231,976$402,174,278
96$513,366,567$33,740,806$13,554,711$442,694,178
97$565,605,624$35,269,772$13,884,461$487,327,184
98$623,169,148$36,869,741$14,221,340$536,492,000
99$686,600,112$38,544,069$14,565,466$590,649,999
100$756,496,866$40,296,272$14,916,952$650,309,576