Can I retire at age 45 with 4,300,000?

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 $4,300,000?

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$355,090$351,927$348,841$345,829$342,888$331,647
2 years$175,787$172,513$169,340$166,264$163,280$152,062
3 years$116,027$112,739$109,574$106,527$103,592$92,749
4 years$86,153$82,875$79,742$76,747$73,882$63,498
5 years$68,234$64,975$61,883$58,949$56,164$46,266
6 years$56,291$53,057$50,011$47,142$44,441$35,036
7 years$47,764$44,557$41,559$38,758$36,142$27,231
8 years$41,371$38,194$35,245$32,513$29,984$21,559
9 years$36,402$33,255$30,357$27,694$25,250$17,302
10 years$32,429$29,312$26,466$23,872$21,515$14,031
11 years$29,181$26,095$23,300$20,776$18,503$11,469
12 years$26,475$23,422$20,678$18,223$16,035$9,435
13 years$24,188$21,166$18,475$16,089$13,982$7,801
14 years$22,229$19,239$16,600$14,282$12,257$6,477
15 years$20,533$17,576$14,987$12,737$10,792$5,395
16 years$19,051$16,125$13,588$11,404$9,538$4,506
17 years$17,744$14,851$12,365$10,247$8,457$3,772
18 years$16,583$13,723$11,287$9,234$7,520$3,163
19 years$15,546$12,718$10,333$8,344$6,702$2,657
20 years$14,614$11,818$9,483$7,557$5,987$2,235
21 years$13,772$11,008$8,723$6,859$5,357$1,882
22 years$13,007$10,276$8,039$6,236$4,802$1,586
23 years$12,310$9,611$7,423$5,679$4,311$1,337
24 years$11,672$9,005$6,865$5,180$3,875$1,128
25 years$11,086$8,450$6,358$4,731$3,487$953
26 years$10,546$7,942$5,897$4,325$3,141$805
27 years$10,047$7,474$5,476$3,959$2,831$680
28 years$9,584$7,043$5,090$3,627$2,555$575
29 years$9,154$6,644$4,737$3,326$2,307$486
30 years$8,753$6,275$4,412$3,053$2,085$411
31 years$8,379$5,932$4,114$2,804$1,885$348
32 years$8,029$5,613$3,838$2,577$1,705$294
33 years$7,701$5,315$3,584$2,369$1,543$249
34 years$7,393$5,038$3,348$2,180$1,397$211
35 years$7,103$4,778$3,130$2,007$1,265$178
36 years$6,829$4,535$2,928$1,848$1,146$151
37 years$6,572$4,307$2,741$1,703$1,039$128
38 years$6,328$4,094$2,567$1,570$942$108
39 years$6,097$3,893$2,405$1,447$854$91
40 years$5,879$3,704$2,254$1,335$775$77
41 years$5,671$3,525$2,114$1,232$703$66
42 years$5,475$3,357$1,983$1,137$638$55
43 years$5,287$3,199$1,860$1,049$579$47
44 years$5,109$3,049$1,746$969$525$40
45 years$4,939$2,908$1,640$895$477$34
46 years$4,777$2,774$1,540$826$433$29
47 years$4,623$2,647$1,447$764$393$24
48 years$4,475$2,527$1,360$706$357$20
49 years$4,334$2,413$1,278$652$324$17
50 years$4,198$2,305$1,202$603$295$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,300,000, adding $5,873 every year, while hoping to spend $28,221 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: 57/16/27 Blend
44$4,300,000$4,300,000$4,300,000$4,300,000
45$4,744,658$4,516,758$4,450,108$4,979,728
46$5,198,586$4,708,052$4,569,160$5,332,893
47$5,697,869$4,907,774$4,691,254$5,714,175
48$6,247,103$5,116,307$4,816,462$6,129,183
49$6,851,353$5,334,051$4,944,859$6,581,187
50$7,516,198$5,561,426$5,076,519$7,073,782
51$8,247,787$5,798,873$5,211,519$7,610,927
52$9,052,893$6,046,849$5,349,936$8,196,974
53$9,938,981$6,305,837$5,491,852$8,836,716
54$10,914,274$6,576,341$5,637,346$9,535,426
55$11,987,835$6,858,887$5,786,503$10,298,907
56$13,169,649$7,154,027$5,939,405$11,133,549
57$14,470,718$7,462,339$6,096,140$12,046,382
58$15,903,166$7,784,428$6,256,796$13,045,149
59$17,480,352$8,120,928$6,421,460$14,138,372
60$19,216,994$8,472,500$6,590,226$15,335,434
61$21,129,314$8,839,839$6,763,185$16,646,666
62$23,235,185$9,223,672$6,940,433$18,083,443
63$25,554,301$9,624,759$7,122,064$19,658,291
64$28,108,364$10,043,896$7,308,178$21,385,003
65$30,921,288$10,481,919$7,498,873$23,278,767
66$34,019,426$10,939,699$7,694,252$25,356,313
67$37,431,815$11,418,152$7,894,417$27,636,062
68$41,190,454$11,918,235$8,099,473$30,138,303
69$45,330,603$12,440,951$8,309,528$32,885,383
70$49,891,116$12,987,349$8,524,689$35,901,916
71$54,914,811$13,558,530$8,745,067$39,215,012
72$60,448,868$14,155,645$8,970,774$42,854,531
73$66,545,282$14,779,900$9,201,923$46,853,367
74$73,261,344$15,432,559$9,438,631$51,247,753
75$80,660,190$16,114,944$9,681,015$56,077,601
76$88,811,394$16,828,440$9,929,193$61,386,878
77$97,791,622$17,574,500$10,183,287$67,224,021
78$107,685,360$18,354,643$10,443,420$73,642,387
79$118,585,708$19,170,461$10,709,715$80,700,758
80$130,595,258$20,023,622$10,982,299$88,463,892
81$143,827,068$20,915,873$11,261,299$97,003,134
82$158,405,722$21,849,043$11,546,845$106,397,083
83$174,468,509$22,825,051$11,839,069$116,732,336
84$192,166,722$23,845,902$12,138,102$128,104,298
85$211,667,078$24,913,702$12,444,079$140,618,083
86$233,153,300$26,030,654$12,757,136$154,389,503
87$256,827,847$27,199,066$13,077,410$169,546,155
88$282,913,823$28,421,357$13,405,040$186,228,626
89$311,657,090$29,700,060$13,740,165$204,591,816
90$343,328,581$31,037,831$14,082,929$224,806,393
91$378,226,862$32,437,450$14,433,472$247,060,407
92$416,680,949$33,901,832$14,791,940$271,561,054
93$459,053,413$35,434,029$15,158,478$298,536,633
94$505,743,805$37,037,240$15,533,231$328,238,697
95$557,192,426$38,714,818$15,916,347$360,944,420
96$613,884,483$40,470,274$16,307,974$396,959,210
97$676,354,671$42,307,287$16,708,261$436,619,590
98$745,192,217$44,229,714$17,117,358$480,296,369
99$821,046,449$46,241,596$17,535,415$528,398,133
100$904,632,917$48,347,165$17,962,582$581,375,102