Can I retire at age 45 with 3,900,000?

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 $3,900,000?

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$322,058$319,190$316,391$313,659$310,991$300,796
2 years$159,435$156,466$153,588$150,798$148,091$137,916
3 years$105,234$102,252$99,381$96,617$93,955$84,121
4 years$78,139$75,166$72,324$69,607$67,010$57,591
5 years$61,886$58,931$56,127$53,465$50,940$41,962
6 years$51,055$48,122$45,359$42,757$40,307$31,777
7 years$43,321$40,412$37,693$35,153$32,780$24,698
8 years$37,523$34,641$31,967$29,489$27,194$19,553
9 years$33,016$30,161$27,533$25,118$22,902$15,693
10 years$29,412$26,586$24,004$21,652$19,513$12,725
11 years$26,466$23,668$21,133$18,843$16,782$10,403
12 years$24,013$21,243$18,755$16,528$14,543$8,558
13 years$21,938$19,197$16,756$14,592$12,682$7,076
14 years$20,161$17,450$15,055$12,953$11,117$5,874
15 years$18,623$15,941$13,593$11,552$9,788$4,893
16 years$17,278$14,625$12,324$10,343$8,651$4,087
17 years$16,093$13,469$11,214$9,294$7,670$3,421
18 years$15,041$12,446$10,237$8,375$6,820$2,869
19 years$14,100$11,535$9,372$7,568$6,079$2,410
20 years$13,255$10,719$8,601$6,854$5,430$2,027
21 years$12,491$9,984$7,911$6,221$4,859$1,706
22 years$11,797$9,320$7,291$5,656$4,355$1,438
23 years$11,165$8,717$6,732$5,151$3,910$1,213
24 years$10,586$8,167$6,226$4,698$3,514$1,023
25 years$10,055$7,664$5,767$4,290$3,162$864
26 years$9,565$7,203$5,348$3,923$2,848$730
27 years$9,112$6,779$4,966$3,591$2,568$617
28 years$8,692$6,388$4,617$3,290$2,317$521
29 years$8,302$6,026$4,296$3,017$2,092$441
30 years$7,939$5,691$4,002$2,769$1,891$373
31 years$7,599$5,380$3,731$2,543$1,709$315
32 years$7,282$5,091$3,481$2,337$1,546$267
33 years$6,984$4,821$3,250$2,149$1,399$226
34 years$6,705$4,569$3,037$1,977$1,267$191
35 years$6,442$4,334$2,839$1,820$1,147$162
36 years$6,194$4,113$2,656$1,676$1,040$137
37 years$5,960$3,907$2,486$1,545$942$116
38 years$5,739$3,713$2,328$1,424$854$98
39 years$5,530$3,531$2,181$1,313$775$83
40 years$5,332$3,359$2,044$1,211$703$70
41 years$5,144$3,197$1,917$1,117$637$59
42 years$4,965$3,045$1,798$1,031$578$50
43 years$4,795$2,901$1,687$952$525$43
44 years$4,634$2,766$1,584$879$477$36
45 years$4,480$2,637$1,487$812$433$31
46 years$4,333$2,516$1,397$750$393$26
47 years$4,193$2,401$1,312$693$357$22
48 years$4,059$2,292$1,233$640$324$19
49 years$3,930$2,189$1,159$591$294$16
50 years$3,808$2,091$1,090$547$267$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $3,900,000, adding $3,829 every year, while hoping to spend $35,519 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: 66/29/5 Blend
44$3,900,000$3,900,000$3,900,000$3,900,000
45$4,301,750$4,095,050$4,034,600$4,582,663
46$4,702,736$4,257,915$4,131,967$4,932,358
47$5,143,433$4,427,571$4,231,405$5,309,734
48$5,627,853$4,604,311$4,332,947$5,721,178
49$6,160,417$4,788,445$4,436,624$6,170,001
50$6,745,996$4,980,296$4,542,467$6,659,845
51$7,389,956$5,180,199$4,650,509$7,194,718
52$8,098,210$5,388,508$4,760,779$7,779,029
53$8,877,273$5,605,589$4,873,310$8,417,629
54$9,734,320$5,831,829$4,988,132$9,115,858
55$10,677,261$6,067,628$5,105,274$9,879,590
56$11,714,808$6,313,409$5,224,767$10,715,294
57$12,856,561$6,569,609$5,346,640$11,630,085
58$14,113,099$6,836,688$5,470,921$12,631,800
59$15,496,076$7,115,127$5,597,638$13,729,063
60$17,018,336$7,405,428$5,726,819$14,931,369
61$18,694,028$7,708,116$5,858,489$16,249,171
62$20,538,745$8,023,740$5,992,675$17,693,978
63$22,569,668$8,352,874$6,129,401$19,278,463
64$24,805,728$8,696,119$6,268,690$21,016,579
65$27,267,786$9,054,103$6,410,565$22,923,689
66$29,978,828$9,427,482$6,555,046$25,016,715
67$32,964,183$9,816,942$6,702,154$27,314,287
68$36,251,761$10,223,203$6,851,908$29,836,925
69$39,872,316$10,647,016$7,004,322$32,607,227
70$43,859,738$11,089,166$7,159,413$35,650,082
71$48,251,372$11,550,476$7,317,194$38,992,902
72$53,088,367$12,031,804$7,477,675$42,665,878
73$58,416,070$12,534,052$7,640,866$46,702,266
74$64,284,448$13,058,159$7,806,774$51,138,696
75$70,748,563$13,605,111$7,975,403$56,015,514
76$77,869,092$14,175,937$8,146,755$61,377,166
77$85,712,897$14,771,715$8,320,828$67,272,610
78$94,353,656$15,393,572$8,497,619$73,755,777
79$103,872,560$16,042,689$8,677,121$80,886,078
80$114,359,081$16,720,300$8,859,324$88,728,961
81$125,911,809$17,427,697$9,044,214$97,356,527
82$138,639,391$18,166,231$9,231,772$106,848,207
83$152,661,550$18,937,318$9,421,978$117,291,507
84$168,110,219$19,742,438$9,614,805$128,782,835
85$185,130,784$20,583,140$9,810,223$141,428,402
86$203,883,456$21,461,046$10,008,198$155,345,226
87$224,544,785$22,377,853$10,208,689$170,662,228
88$247,309,324$23,335,339$10,411,651$187,521,451
89$272,391,466$24,335,361$10,617,032$206,079,389
90$300,027,469$25,379,868$10,824,776$226,508,467
91$330,477,685$26,470,895$11,034,820$248,998,661
92$364,029,016$27,610,577$11,247,094$273,759,287
93$400,997,625$28,801,144$11,461,522$301,020,972
94$441,731,919$30,044,936$11,678,018$331,037,825
95$486,615,835$31,344,399$11,896,492$364,089,833
96$536,072,470$32,702,093$12,116,844$400,485,496
97$590,568,068$34,120,703$12,338,965$440,564,735
98$650,616,428$35,603,034$12,562,737$484,702,093
99$716,783,749$37,152,028$12,788,034$533,310,267
100$789,693,977$38,770,762$13,014,719$586,843,996