Can I retire at age 45 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$379,864$376,480$373,179$369,957$366,810$359,846
2 years$188,051$184,549$181,155$177,864$174,672$167,682
3 years$124,122$120,605$117,219$113,959$110,819$104,022
4 years$92,164$88,657$85,306$82,101$79,037$72,486
5 years$72,994$69,508$66,201$63,062$60,083$53,795
6 years$60,218$56,759$53,500$50,431$47,541$41,525
7 years$51,096$47,666$44,459$41,462$38,664$32,920
8 years$44,258$40,859$37,704$34,781$32,075$26,602
9 years$38,942$35,575$32,475$29,626$27,012$21,806
10 years$34,692$31,357$28,312$25,538$23,016$18,073
11 years$31,216$27,916$24,926$22,226$19,794$15,108
12 years$28,322$25,056$22,121$19,495$17,153$12,717
13 years$25,876$22,643$19,764$17,211$14,958$10,765
14 years$23,780$20,582$17,758$15,278$13,112$9,155
15 years$21,966$18,802$16,033$13,625$11,545$7,815
16 years$20,380$17,250$14,536$12,200$10,203$6,692
17 years$18,982$15,887$13,227$10,962$9,047$5,747
18 years$17,740$14,680$12,075$9,879$8,044$4,946
19 years$16,631$13,605$11,054$8,926$7,170$4,264
20 years$15,634$12,643$10,145$8,084$6,404$3,683
21 years$14,733$11,776$9,331$7,337$5,731$3,185
22 years$13,915$10,993$8,600$6,671$5,137$2,758
23 years$13,169$10,281$7,941$6,075$4,611$2,391
24 years$12,487$9,633$7,344$5,541$4,145$2,074
25 years$11,860$9,040$6,802$5,061$3,730$1,801
26 years$11,282$8,496$6,308$4,627$3,360$1,565
27 years$10,748$7,996$5,858$4,235$3,029$1,360
28 years$10,252$7,534$5,446$3,880$2,733$1,183
29 years$9,792$7,108$5,068$3,558$2,468$1,029
30 years$9,364$6,713$4,720$3,266$2,230$896
31 years$8,963$6,346$4,401$2,999$2,016$780
32 years$8,589$6,004$4,106$2,756$1,824$679
33 years$8,238$5,686$3,834$2,535$1,650$592
34 years$7,908$5,389$3,582$2,332$1,494$516
35 years$7,598$5,112$3,349$2,147$1,353$449
36 years$7,306$4,852$3,133$1,977$1,226$392
37 years$7,030$4,608$2,932$1,822$1,111$342
38 years$6,769$4,379$2,746$1,679$1,008$298
39 years$6,523$4,164$2,573$1,548$914$260
40 years$6,289$3,962$2,411$1,428$829$226
41 years$6,067$3,771$2,261$1,318$752$197
42 years$5,856$3,592$2,121$1,216$682$172
43 years$5,656$3,422$1,990$1,122$619$150
44 years$5,465$3,262$1,868$1,036$562$131
45 years$5,284$3,111$1,754$957$510$114
46 years$5,110$2,967$1,648$884$463$100
47 years$4,945$2,832$1,548$817$421$87
48 years$4,787$2,703$1,455$755$382$76
49 years$4,636$2,582$1,367$698$347$66
50 years$4,491$2,466$1,285$645$315$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,600,000, adding $6,837 every year, while hoping to spend $25,518 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: 77/11/12 Blend
44$4,600,000$4,600,000$4,600,000$4,600,000
45$5,076,252$4,832,452$4,761,152$5,454,878
46$5,566,879$5,042,092$4,893,500$5,914,806
47$6,106,695$5,261,148$5,029,426$6,415,071
48$6,700,689$5,490,056$5,169,023$6,962,903
49$7,354,361$5,729,270$5,312,387$7,563,033
50$8,073,769$5,979,267$5,459,615$8,220,668
51$8,865,588$6,240,546$5,610,807$8,941,543
52$9,737,174$6,513,629$5,766,065$9,731,973
53$10,696,631$6,799,063$5,925,494$10,598,910
54$11,752,891$7,097,420$6,089,202$11,550,013
55$12,915,793$7,409,301$6,257,297$12,593,713
56$14,196,181$7,735,333$6,429,893$13,739,299
57$15,606,001$8,076,174$6,607,105$14,996,998
58$17,158,421$8,432,514$6,789,050$16,378,077
59$18,867,946$8,805,074$6,975,849$17,894,943
60$20,750,563$9,194,609$7,167,627$19,561,264
61$22,823,887$9,601,911$7,364,508$21,392,094
62$25,107,327$10,027,809$7,566,624$23,404,015
63$27,622,274$10,473,171$7,774,105$25,615,294
64$30,392,297$10,938,907$7,987,088$28,046,052
65$33,443,367$11,425,969$8,205,712$30,718,454
66$36,804,104$11,935,356$8,430,117$33,656,919
67$40,506,047$12,468,112$8,660,450$36,888,346
68$44,583,947$13,025,333$8,896,858$40,442,368
69$49,076,101$13,608,166$9,139,495$44,351,634
70$54,024,709$14,217,812$9,388,514$48,652,110
71$59,476,275$14,855,530$9,644,074$53,383,421
72$65,482,044$15,522,640$9,906,340$58,589,224
73$72,098,486$16,220,522$10,175,475$64,317,614
74$79,387,828$16,950,625$10,451,650$70,621,585
75$87,418,646$17,714,465$10,735,040$77,559,519
76$96,266,504$18,513,630$11,025,820$85,195,744
77$106,014,676$19,349,786$11,324,173$93,601,134
78$116,754,924$20,224,677$11,630,284$102,853,778
79$128,588,370$21,140,130$11,944,343$113,039,717
80$141,626,447$22,098,060$12,266,542$124,253,752
81$155,991,954$23,100,474$12,597,080$136,600,336
82$171,820,210$24,149,473$12,936,159$150,194,564
83$189,260,335$25,247,262$13,283,984$165,163,249
84$208,476,660$26,396,148$13,640,768$181,646,124
85$229,650,270$27,598,550$14,006,725$199,797,155
86$252,980,721$28,857,003$14,382,074$219,785,992
87$278,687,922$30,174,163$14,767,040$241,799,571
88$307,014,207$31,552,814$15,161,853$266,043,872
89$338,226,626$32,995,872$15,566,745$292,745,864
90$372,619,467$34,506,395$15,981,956$322,155,645
91$410,517,030$36,087,585$16,407,729$354,548,795
92$452,276,691$37,742,801$16,844,312$390,228,982
93$498,292,276$39,475,561$17,291,959$429,530,820
94$548,997,776$41,289,551$17,750,928$472,823,026
95$604,871,448$43,188,638$18,221,482$520,511,898
96$666,440,325$45,176,870$18,703,891$573,045,147
97$734,285,195$47,258,493$19,198,428$630,916,119
98$809,046,082$49,437,957$19,705,373$694,668,448
99$891,428,290$51,719,924$20,225,010$764,901,185
100$982,209,057$54,109,282$20,757,629$842,274,450