Can I retire at age 45 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$338,574$335,558$332,616$329,744$326,940$317,109
2 years$167,611$164,489$161,464$158,531$155,686$145,864
3 years$110,631$107,496$104,478$101,572$98,773$89,269
4 years$82,146$79,021$76,033$73,177$70,446$61,332
5 years$65,060$61,953$59,005$56,207$53,552$44,853
6 years$53,673$50,589$47,685$44,949$42,374$34,097
7 years$45,542$42,485$39,626$36,955$34,461$26,607
8 years$39,447$36,417$33,606$31,001$28,589$21,152
9 years$34,709$31,708$28,945$26,406$24,076$17,048
10 years$30,921$27,949$25,235$22,762$20,514$13,885
11 years$27,823$24,881$22,216$19,810$17,643$11,402
12 years$25,244$22,332$19,716$17,376$15,289$9,424
13 years$23,063$20,182$17,615$15,340$13,332$7,829
14 years$21,195$18,345$15,827$13,617$11,687$6,531
15 years$19,578$16,758$14,290$12,144$10,290$5,467
16 years$18,165$15,375$12,956$10,874$9,094$4,590
17 years$16,918$14,160$11,790$9,770$8,064$3,862
18 years$15,812$13,085$10,762$8,805$7,170$3,256
19 years$14,823$12,127$9,852$7,956$6,391$2,749
20 years$13,935$11,269$9,042$7,206$5,708$2,324
21 years$13,132$10,496$8,317$6,540$5,108$1,968
22 years$12,402$9,798$7,665$5,946$4,579$1,667
23 years$11,738$9,164$7,078$5,415$4,110$1,414
24 years$11,129$8,586$6,546$4,939$3,694$1,200
25 years$10,570$8,057$6,062$4,510$3,324$1,019
26 years$10,055$7,573$5,623$4,124$2,994$865
27 years$9,579$7,127$5,221$3,775$2,700$735
28 years$9,138$6,716$4,854$3,459$2,436$625
29 years$8,728$6,335$4,517$3,172$2,200$532
30 years$8,346$5,983$4,207$2,911$1,988$452
31 years$7,989$5,656$3,922$2,673$1,797$385
32 years$7,655$5,352$3,660$2,457$1,625$327
33 years$7,342$5,068$3,417$2,259$1,471$279
34 years$7,049$4,803$3,193$2,079$1,332$237
35 years$6,772$4,556$2,985$1,914$1,206$202
36 years$6,512$4,324$2,792$1,762$1,093$172
37 years$6,266$4,107$2,614$1,624$991$146
38 years$6,034$3,903$2,447$1,497$898$125
39 years$5,814$3,712$2,293$1,380$814$106
40 years$5,605$3,531$2,149$1,273$739$90
41 years$5,408$3,361$2,015$1,174$670$77
42 years$5,220$3,201$1,890$1,084$608$65
43 years$5,041$3,050$1,774$1,000$552$56
44 years$4,871$2,907$1,665$924$501$48
45 years$4,709$2,773$1,563$853$455$40
46 years$4,555$2,645$1,468$788$413$34
47 years$4,408$2,524$1,380$728$375$29
48 years$4,267$2,410$1,296$673$341$25
49 years$4,132$2,301$1,219$622$309$21
50 years$4,003$2,198$1,146$575$281$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,100,000, adding $2,142 every year, while hoping to spend $34,493 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: 76/8/16 Blend
44$4,100,000$4,100,000$4,100,000$4,100,000
45$4,520,409$4,303,109$4,239,559$4,847,912
46$4,944,791$4,477,262$4,344,884$5,238,749
47$5,411,303$4,658,791$4,452,582$5,662,605
48$5,924,207$4,848,023$4,562,694$6,126,365
49$6,488,198$5,045,297$4,675,266$6,633,995
50$7,108,446$5,250,969$4,790,340$7,189,864
51$7,790,651$5,465,410$4,907,960$7,798,784
52$8,541,091$5,689,009$5,028,170$8,466,052
53$9,366,684$5,922,172$5,151,015$9,197,503
54$10,275,050$6,165,323$5,276,538$9,999,565
55$11,274,589$6,418,907$5,404,786$10,879,315
56$12,374,552$6,683,388$5,535,801$11,844,548
57$13,585,134$6,959,252$5,669,629$12,903,853
58$14,917,570$7,247,008$5,806,314$14,066,686
59$16,384,238$7,547,187$5,945,900$15,343,468
60$17,998,775$7,860,344$6,088,433$16,745,675
61$19,776,210$8,187,061$6,233,955$18,285,949
62$21,733,103$8,527,946$6,382,512$19,978,218
63$23,887,700$8,883,636$6,534,147$21,837,825
64$26,260,108$9,254,797$6,688,903$23,881,672
65$28,872,480$9,642,123$6,846,823$26,128,380
66$31,749,231$10,046,345$7,007,949$28,598,463
67$34,917,260$10,468,224$7,172,324$31,314,523
68$38,406,212$10,908,557$7,339,987$34,301,459
69$42,248,749$11,368,180$7,510,980$37,586,706
70$46,480,865$11,847,965$7,685,342$41,200,490
71$51,142,224$12,348,826$7,863,112$45,176,110
72$56,276,532$12,871,719$8,044,326$49,550,260
73$61,931,949$13,417,644$8,229,022$54,363,365
74$68,161,548$13,987,649$8,417,235$59,659,969
75$75,023,811$14,582,830$8,608,998$65,489,148
76$82,583,184$15,204,332$8,804,343$71,904,979
77$90,910,681$15,853,356$9,003,300$78,967,044
78$100,084,559$16,531,159$9,205,900$86,740,996
79$110,191,053$17,239,056$9,412,167$95,299,174
80$121,325,194$17,978,423$9,622,128$104,721,285
81$133,591,698$18,750,699$9,835,803$115,095,158
82$147,105,962$19,557,395$10,053,214$126,517,571
83$161,995,151$20,400,088$10,274,377$139,095,161
84$178,399,395$21,280,431$10,499,307$152,945,432
85$196,473,115$22,200,154$10,728,016$168,197,863
86$216,386,479$23,161,068$10,960,511$184,995,125
87$238,327,009$24,165,070$11,196,798$203,494,433
88$262,501,351$25,214,145$11,436,877$223,869,024
89$289,137,222$26,310,371$11,680,746$246,309,789
90$318,485,566$27,455,926$11,928,397$271,027,081
91$350,822,915$28,653,088$12,179,820$298,252,692
92$386,454,006$29,904,243$12,434,998$328,242,042
93$425,714,654$31,211,891$12,693,910$361,276,589
94$468,974,922$32,578,646$12,956,529$397,666,484
95$516,642,614$34,007,250$13,222,823$437,753,497
96$569,167,127$35,500,572$13,492,754$481,914,241
97$627,043,690$37,061,615$13,766,277$530,563,726
98$690,818,039$38,693,528$14,043,340$584,159,272
99$761,091,573$40,399,605$14,323,886$643,204,831
100$838,527,026$42,183,297$14,607,848$708,255,734