Can I retire at age 45 with 4,200,000?

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 $4,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$346,832$343,743$340,729$337,787$334,914$330,866
2 years$171,699$168,501$165,402$162,397$159,483$155,409
3 years$113,329$110,117$107,026$104,050$101,182$97,209
4 years$84,150$80,948$77,888$74,962$72,164$68,322
5 years$66,647$63,464$60,444$57,578$54,858$51,159
6 years$54,982$51,823$48,848$46,046$43,407$39,855
7 years$46,653$43,521$40,593$37,857$35,302$31,898
8 years$40,409$37,306$34,426$31,757$29,286$26,030
9 years$35,556$32,481$29,651$27,050$24,663$21,554
10 years$31,675$28,631$25,850$23,317$21,014$18,050
11 years$28,502$25,488$22,758$20,293$18,073$15,251
12 years$25,860$22,877$20,197$17,800$15,662$12,978
13 years$23,626$20,674$18,045$15,714$13,657$11,109
14 years$21,712$18,792$16,214$13,950$11,972$9,556
15 years$20,056$17,167$14,639$12,441$10,541$8,253
16 years$18,608$15,750$13,272$11,139$9,316$7,152
17 years$17,331$14,505$12,077$10,008$8,260$6,216
18 years$16,198$13,404$11,025$9,020$7,345$5,415
19 years$15,185$12,422$10,093$8,150$6,547$4,728
20 years$14,274$11,543$9,263$7,381$5,847$4,135
21 years$13,452$10,752$8,520$6,699$5,233$3,623
22 years$12,705$10,037$7,852$6,091$4,690$3,178
23 years$12,024$9,387$7,250$5,547$4,210$2,791
24 years$11,401$8,795$6,705$5,059$3,784$2,454
25 years$10,828$8,254$6,210$4,621$3,405$2,159
26 years$10,301$7,757$5,760$4,225$3,067$1,902
27 years$9,813$7,301$5,348$3,867$2,766$1,676
28 years$9,361$6,879$4,972$3,543$2,495$1,478
29 years$8,941$6,490$4,627$3,249$2,253$1,304
30 years$8,549$6,129$4,310$2,982$2,036$1,151
31 years$8,184$5,794$4,018$2,739$1,841$1,016
32 years$7,842$5,482$3,749$2,517$1,665$898
33 years$7,522$5,192$3,500$2,314$1,507$793
34 years$7,221$4,921$3,270$2,129$1,364$701
35 years$6,937$4,667$3,058$1,960$1,236$620
36 years$6,671$4,430$2,860$1,805$1,120$548
37 years$6,419$4,207$2,677$1,663$1,015$485
38 years$6,181$3,998$2,507$1,533$920$429
39 years$5,956$3,802$2,349$1,414$834$379
40 years$5,742$3,617$2,202$1,304$757$336
41 years$5,540$3,443$2,064$1,203$687$297
42 years$5,347$3,279$1,937$1,110$623$263
43 years$5,164$3,125$1,817$1,025$565$233
44 years$4,990$2,978$1,706$946$513$206
45 years$4,824$2,840$1,602$874$466$182
46 years$4,666$2,709$1,504$807$423$161
47 years$4,515$2,586$1,413$746$384$143
48 years$4,371$2,468$1,328$689$349$127
49 years$4,233$2,357$1,248$637$317$112
50 years$4,101$2,252$1,174$589$288$99

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,200,000, adding $5,021 every year, while hoping to spend $51,420 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: 60/12/28 Blend
44$4,200,000$4,200,000$4,200,000$4,200,000
45$4,633,579$4,410,979$4,345,879$4,876,191
46$5,051,494$4,572,407$4,436,756$5,203,714
47$5,510,312$4,740,021$4,528,953$5,554,996
48$6,014,153$4,914,070$4,622,461$5,937,240
49$6,567,551$5,094,814$4,717,269$6,353,474
50$7,175,505$5,282,524$4,813,361$6,807,034
51$7,843,518$5,477,480$4,910,721$7,301,589
52$8,577,657$5,679,976$5,009,330$7,841,181
53$9,384,602$5,890,319$5,109,166$8,430,260
54$10,271,715$6,108,828$5,210,206$9,073,727
55$11,247,104$6,335,834$5,312,422$9,776,978
56$12,319,704$6,571,686$5,415,784$10,545,956
57$13,499,360$6,816,744$5,520,259$11,387,205
58$14,796,916$7,071,387$5,625,809$12,307,933
59$16,224,323$7,336,006$5,732,395$13,316,080
60$17,794,746$7,611,013$5,839,973$14,420,389
61$19,522,692$7,896,834$5,948,494$15,630,493
62$21,424,144$8,193,916$6,057,906$16,957,002
63$23,516,714$8,502,725$6,168,152$18,411,601
64$25,819,805$8,823,746$6,279,173$20,007,166
65$28,354,801$9,157,485$6,390,900$21,757,878
66$31,145,259$9,504,470$6,503,264$23,679,361
67$34,217,140$9,865,253$6,616,187$25,788,826
68$37,599,046$10,240,409$6,729,588$28,105,236
69$41,322,498$10,630,538$6,843,378$30,649,481
70$45,422,225$11,036,266$6,957,463$33,444,577
71$49,936,496$11,458,247$7,071,742$36,515,879
72$54,907,480$11,897,163$7,186,108$39,891,326
73$60,381,645$12,353,727$7,300,444$43,601,698
74$66,410,194$12,828,680$7,414,630$47,680,909
75$73,049,547$13,322,799$7,528,534$52,166,324
76$80,361,878$13,836,893$7,642,017$57,099,116
77$88,415,698$14,371,808$7,754,932$62,524,646
78$97,286,499$14,928,427$7,867,122$68,492,897
79$107,057,473$15,507,671$7,978,422$75,058,943
80$117,820,290$16,110,502$8,088,654$82,283,468
81$129,675,967$16,737,924$8,197,632$90,233,336
82$142,735,821$17,390,988$8,305,157$98,982,225
83$157,122,516$18,070,788$8,411,022$108,611,319
84$172,971,226$18,778,469$8,515,004$119,210,073
85$190,430,903$19,515,226$8,616,868$130,877,061
86$209,665,690$20,282,307$8,716,369$143,720,898
87$230,856,467$21,081,017$8,813,244$157,861,270
88$254,202,557$21,912,717$8,907,218$173,430,064
89$279,923,608$22,778,831$8,998,000$190,572,604
90$308,261,667$23,680,844$9,085,284$209,449,032
91$339,483,462$24,620,310$9,168,746$230,235,811
92$373,882,922$25,598,852$9,248,045$253,127,393
93$411,783,950$26,618,166$9,322,824$278,338,051
94$453,543,478$27,680,022$9,392,705$306,103,906
95$499,554,842$28,786,272$9,457,290$336,685,149
96$550,251,488$29,938,851$9,516,161$370,368,496
97$606,111,067$31,139,782$9,568,879$407,469,899
98$667,659,941$32,391,176$9,614,982$448,337,522
99$735,478,155$33,695,244$9,653,984$493,355,029
100$810,204,909$35,054,293$9,685,374$542,945,202