Can I retire at age 45 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$363,348$360,111$356,954$353,872$350,862$346,334
2 years$179,875$176,525$173,278$170,131$167,077$162,522
3 years$118,726$115,361$112,123$109,004$106,001$101,560
4 years$88,157$84,803$81,597$78,531$75,601$71,308
5 years$69,820$66,486$63,322$60,320$57,470$53,338
6 years$57,600$54,291$51,174$48,238$45,474$41,508
7 years$48,875$45,594$42,526$39,659$36,983$33,184
8 years$42,334$39,082$36,065$33,269$30,681$27,049
9 years$37,249$34,028$31,063$28,338$25,838$22,371
10 years$33,183$29,994$27,081$24,428$22,015$18,711
11 years$29,859$26,702$23,842$21,259$18,934$15,790
12 years$27,091$23,966$21,159$18,647$16,407$13,420
13 years$24,751$21,658$18,904$16,463$14,308$11,472
14 years$22,746$19,687$16,986$14,614$12,542$9,855
15 years$21,011$17,984$15,336$13,033$11,043$8,500
16 years$19,494$16,500$13,904$11,670$9,760$7,356
17 years$18,156$15,196$12,652$10,485$8,654$6,384
18 years$16,969$14,042$11,550$9,449$7,694$5,554
19 years$15,908$13,014$10,573$8,538$6,858$4,842
20 years$14,954$12,093$9,704$7,733$6,126$4,229
21 years$14,092$11,264$8,925$7,018$5,482$3,699
22 years$13,310$10,515$8,226$6,381$4,914$3,240
23 years$12,597$9,834$7,595$5,811$4,411$2,841
24 years$11,944$9,214$7,024$5,300$3,965$2,494
25 years$11,344$8,647$6,506$4,841$3,568$2,191
26 years$10,791$8,127$6,034$4,426$3,214$1,927
27 years$10,280$7,648$5,603$4,051$2,897$1,695
28 years$9,807$7,207$5,209$3,712$2,614$1,492
29 years$9,367$6,799$4,847$3,404$2,361$1,314
30 years$8,956$6,421$4,515$3,124$2,133$1,158
31 years$8,574$6,070$4,209$2,869$1,928$1,021
32 years$8,216$5,743$3,927$2,637$1,744$901
33 years$7,880$5,439$3,667$2,425$1,579$794
34 years$7,564$5,155$3,426$2,231$1,429$701
35 years$7,268$4,889$3,203$2,054$1,295$619
36 years$6,988$4,641$2,997$1,891$1,173$546
37 years$6,724$4,408$2,805$1,743$1,063$482
38 years$6,475$4,189$2,627$1,606$964$426
39 years$6,239$3,983$2,461$1,481$874$376
40 years$6,015$3,790$2,306$1,366$793$332
41 years$5,803$3,607$2,163$1,260$719$293
42 years$5,602$3,436$2,029$1,163$653$259
43 years$5,410$3,273$1,904$1,074$592$229
44 years$5,228$3,120$1,787$991$538$202
45 years$5,054$2,975$1,678$916$488$179
46 years$4,888$2,838$1,576$846$443$158
47 years$4,730$2,709$1,481$781$402$140
48 years$4,579$2,586$1,391$722$365$124
49 years$4,434$2,469$1,308$667$332$109
50 years$4,296$2,359$1,229$617$301$97

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,400,000, adding $3,509 every year, while hoping to spend $36,516 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: 52/40/8 Blend
44$4,400,000$4,400,000$4,400,000$4,400,000
45$4,852,420$4,619,220$4,551,020$5,094,861
46$5,308,514$4,806,709$4,664,626$5,447,483
47$5,809,905$5,002,161$4,780,814$5,826,511
48$6,361,177$5,205,928$4,899,633$6,237,831
49$6,967,376$5,418,377$5,021,129$6,684,494
50$7,634,063$5,639,893$5,145,353$7,169,853
51$8,367,368$5,870,878$5,272,352$7,697,592
52$9,174,040$6,111,752$5,402,177$8,271,760
53$10,061,519$6,362,954$5,534,876$8,896,808
54$11,038,001$6,624,945$5,670,501$9,577,630
55$12,112,514$6,898,205$5,809,100$10,319,607
56$13,295,010$7,183,237$5,950,725$11,128,655
57$14,596,452$7,480,566$6,095,425$12,011,283
58$16,028,920$7,790,744$6,243,251$12,974,646
59$17,605,724$8,114,344$6,394,254$14,026,619
60$19,341,530$8,451,969$6,548,484$15,175,862
61$21,252,498$8,804,248$6,705,991$16,431,905
62$23,356,437$9,171,840$6,866,825$17,805,233
63$25,672,968$9,555,434$7,031,038$19,307,382
64$28,223,711$9,955,751$7,198,678$20,951,049
65$31,032,491$10,373,544$7,369,795$22,750,208
66$34,125,560$10,809,603$7,544,438$24,720,236
67$37,531,847$11,264,753$7,722,657$26,878,062
68$41,283,227$11,739,858$7,904,498$29,242,319
69$45,414,827$12,235,822$8,090,009$31,833,517
70$49,965,353$12,753,591$8,279,238$34,674,240
71$54,977,456$13,294,153$8,472,229$37,789,346
72$60,498,135$13,858,546$8,669,028$41,206,207
73$66,579,184$14,447,854$8,869,679$44,954,961
74$73,277,671$15,063,209$9,074,224$49,068,790
75$80,656,488$15,705,801$9,282,705$53,584,235
76$88,784,936$16,376,871$9,495,161$58,541,534
77$97,739,382$17,077,720$9,711,632$63,984,998
78$107,603,980$17,809,710$9,932,153$69,963,425
79$118,471,466$18,574,266$10,156,760$76,530,555
80$130,444,030$19,372,879$10,385,486$83,745,579
81$143,634,282$20,207,111$10,618,361$91,673,684
82$158,166,316$21,078,597$10,855,413$100,386,668
83$174,176,880$21,989,048$11,096,669$109,963,615
84$191,816,665$22,940,255$11,342,151$120,491,632
85$211,251,732$23,934,094$11,591,880$132,066,664
86$232,665,073$24,972,529$11,845,873$144,794,402
87$256,258,344$26,057,616$12,104,142$158,791,264
88$282,253,763$27,191,507$12,366,699$174,185,497
89$310,896,212$28,376,457$12,633,549$191,118,373
90$342,455,547$29,614,825$12,904,695$209,745,522
91$377,229,144$30,909,082$13,180,133$230,238,388
92$415,544,706$32,261,817$13,459,857$252,785,845
93$457,763,359$33,675,738$13,743,855$277,595,968
94$504,283,057$35,153,684$14,032,109$304,897,991
95$555,542,340$36,698,627$14,324,596$334,944,460
96$612,024,477$38,313,677$14,621,288$368,013,611
97$674,262,021$40,002,095$14,922,149$404,411,983
98$742,841,843$41,767,293$15,227,137$444,477,306
99$818,410,667$43,612,847$15,536,202$488,581,675
100$901,681,178$45,542,499$15,849,288$537,135,054