Can I retire at age 45 with 3,800,000?

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$313,800$311,005$308,278$305,616$303,017$294,024
2 years$155,347$152,454$149,650$146,931$144,294$135,308
3 years$102,536$99,630$96,833$94,140$91,546$82,849
4 years$76,135$73,239$70,470$67,823$65,291$56,950
5 years$60,299$57,420$54,687$52,094$49,633$41,670
6 years$49,745$46,888$44,196$41,660$39,273$31,695
7 years$42,210$39,376$36,727$34,251$31,940$24,746
8 years$36,561$33,753$31,147$28,732$26,497$19,684
9 years$32,169$29,388$26,827$24,474$22,314$15,875
10 years$28,658$25,904$23,388$21,097$19,013$12,938
11 years$25,787$23,061$20,591$18,360$16,352$10,631
12 years$23,397$20,698$18,274$16,104$14,170$8,792
13 years$21,376$18,705$16,326$14,218$12,357$7,309
14 years$19,645$17,002$14,669$12,621$10,832$6,102
15 years$18,146$15,532$13,244$11,256$9,537$5,111
16 years$16,835$14,250$12,008$10,078$8,429$4,294
17 years$15,681$13,124$10,927$9,055$7,474$3,616
18 years$14,655$12,127$9,975$8,161$6,645$3,050
19 years$13,739$11,239$9,131$7,374$5,923$2,578
20 years$12,915$10,444$8,380$6,678$5,291$2,181
21 years$12,171$9,728$7,708$6,061$4,734$1,848
22 years$11,495$9,081$7,104$5,511$4,244$1,567
23 years$10,879$8,493$6,560$5,019$3,809$1,330
24 years$10,315$7,958$6,067$4,578$3,424$1,129
25 years$9,797$7,468$5,619$4,180$3,081$960
26 years$9,320$7,019$5,211$3,822$2,775$816
27 years$8,878$6,605$4,839$3,499$2,502$694
28 years$8,469$6,224$4,499$3,206$2,258$590
29 years$8,089$5,872$4,186$2,940$2,039$502
30 years$7,735$5,545$3,899$2,698$1,842$428
31 years$7,405$5,242$3,635$2,478$1,665$364
32 years$7,095$4,960$3,392$2,277$1,507$310
33 years$6,805$4,697$3,167$2,094$1,363$264
34 years$6,533$4,452$2,959$1,927$1,234$225
35 years$6,277$4,223$2,766$1,774$1,118$192
36 years$6,035$4,008$2,588$1,633$1,013$163
37 years$5,807$3,807$2,422$1,505$918$139
38 years$5,592$3,618$2,268$1,387$832$119
39 years$5,388$3,440$2,125$1,279$755$101
40 years$5,195$3,273$1,992$1,180$685$86
41 years$5,012$3,115$1,868$1,088$621$73
42 years$4,838$2,967$1,752$1,005$564$63
43 years$4,672$2,827$1,644$927$512$53
44 years$4,515$2,695$1,543$856$464$45
45 years$4,365$2,570$1,449$791$421$39
46 years$4,222$2,451$1,361$730$383$33
47 years$4,085$2,339$1,279$675$348$28
48 years$3,954$2,233$1,202$624$316$24
49 years$3,830$2,133$1,129$576$287$20
50 years$3,710$2,037$1,062$533$260$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,800,000, adding $6,713 every year, while hoping to spend $27,434 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: 62/11/27 Blend
44$3,800,000$3,800,000$3,800,000$3,800,000
45$4,194,524$3,993,124$3,934,224$4,423,921
46$4,593,176$4,159,598$4,036,831$4,746,943
47$5,031,571$4,333,309$4,141,956$5,095,922
48$5,513,734$4,514,584$4,249,654$5,476,399
49$6,044,099$4,703,763$4,359,982$5,891,457
50$6,627,552$4,901,202$4,472,996$6,344,493
51$7,269,477$5,107,275$4,588,756$6,839,243
52$7,975,804$5,322,372$4,707,320$7,379,822
53$8,753,069$5,546,901$4,828,748$7,970,759
54$9,608,473$5,781,290$4,953,102$8,617,040
55$10,549,949$6,025,986$5,080,443$9,324,155
56$11,586,240$6,281,455$5,210,834$10,098,149
57$12,726,980$6,548,190$5,344,340$10,945,678
58$13,982,781$6,826,700$5,481,025$11,874,071
59$15,365,340$7,117,524$5,620,954$12,891,399
60$16,887,545$7,421,222$5,764,196$14,006,551
61$18,563,594$7,738,382$5,910,816$15,229,316
62$20,409,137$8,069,619$6,060,885$16,570,475
63$22,441,414$8,415,576$6,214,470$18,041,903
64$24,679,426$8,776,927$6,371,643$19,656,678
65$27,144,109$9,154,377$6,532,474$21,429,206
66$29,858,531$9,548,665$6,697,035$23,375,353
67$32,848,115$9,960,563$6,865,399$25,512,600
68$36,140,873$10,390,881$7,037,640$27,860,198
69$39,767,673$10,840,465$7,213,832$30,439,357
70$43,762,531$11,310,203$7,394,050$33,273,441
71$48,162,928$11,801,022$7,578,370$36,388,188
72$53,010,169$12,313,895$7,766,868$39,811,952
73$58,349,769$12,849,839$7,959,621$43,575,970
74$64,231,885$13,409,920$8,156,708$47,714,655
75$70,711,785$13,995,254$8,358,205$52,265,921
76$77,850,375$14,607,009$8,564,193$57,271,537
77$85,714,769$15,246,408$8,774,749$62,777,522
78$94,378,927$15,914,734$8,989,955$68,834,578
79$103,924,348$16,613,326$9,209,889$75,498,566
80$114,440,844$17,343,591$9,434,632$82,831,034
81$126,027,382$18,107,000$9,664,265$90,899,794
82$138,793,026$18,905,093$9,898,868$99,779,560
83$152,857,956$19,739,485$10,138,523$109,552,656
84$168,354,613$20,611,865$10,383,308$120,309,787
85$185,428,941$21,524,004$10,633,307$132,150,896
86$204,241,769$22,477,756$10,888,598$145,186,102
87$224,970,325$23,475,062$11,149,262$159,536,745
88$247,809,916$24,517,957$11,415,380$175,336,519
89$272,975,762$25,608,571$11,687,029$192,732,743
90$300,705,035$26,749,137$11,964,290$211,887,741
91$331,259,095$27,941,991$12,247,240$232,980,376
92$364,925,956$29,189,582$12,535,957$256,207,735
93$402,023,008$30,494,477$12,830,516$281,786,989
94$442,900,010$31,859,361$13,130,993$309,957,439
95$487,942,391$33,287,050$13,437,461$340,982,772
96$537,574,893$34,780,493$13,749,994$375,153,548
97$592,265,574$36,342,779$14,068,661$412,789,940
98$652,530,233$37,977,146$14,393,532$454,244,757
99$718,937,275$39,686,985$14,724,674$499,906,764
100$792,113,078$41,475,847$15,062,151$550,204,357