Can I retire at age 45 with 4,900,000?

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 $4,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$404,637$401,033$397,517$394,084$390,733$376,570
2 years$200,316$196,585$192,969$189,464$186,063$171,950
3 years$132,217$128,470$124,864$121,391$118,046$104,426
4 years$98,175$94,439$90,869$87,456$84,192$71,168
5 years$77,754$74,042$70,518$67,174$64,001$51,609
6 years$64,145$60,461$56,989$53,720$50,642$38,890
7 years$54,429$50,775$47,358$44,166$41,185$30,071
8 years$47,144$43,523$40,163$37,050$34,167$23,681
9 years$41,482$37,895$34,593$31,558$28,774$18,901
10 years$36,954$33,402$30,159$27,203$24,517$15,240
11 years$33,252$29,736$26,551$23,675$21,085$12,386
12 years$30,170$26,690$23,564$20,766$18,272$10,128
13 years$27,563$24,120$21,053$18,334$15,934$8,323
14 years$25,331$21,924$18,916$16,274$13,967$6,867
15 years$23,398$20,028$17,078$14,514$12,298$5,683
16 years$21,709$18,375$15,484$12,996$10,869$4,716
17 years$20,220$16,923$14,090$11,676$9,637$3,922
18 years$18,897$15,638$12,862$10,523$8,569$3,267
19 years$17,716$14,493$11,775$9,508$7,638$2,725
20 years$16,654$13,467$10,806$8,612$6,822$2,276
21 years$15,694$12,544$9,940$7,816$6,105$1,903
22 years$14,822$11,710$9,161$7,106$5,472$1,593
23 years$14,028$10,952$8,459$6,472$4,912$1,334
24 years$13,301$10,261$7,823$5,903$4,415$1,117
25 years$12,633$9,630$7,245$5,391$3,973$937
26 years$12,017$9,050$6,720$4,929$3,579$785
27 years$11,448$8,517$6,240$4,512$3,227$659
28 years$10,921$8,026$5,801$4,134$2,911$553
29 years$10,431$7,571$5,398$3,791$2,629$464
30 years$9,974$7,150$5,028$3,479$2,375$390
31 years$9,548$6,760$4,688$3,195$2,148$327
32 years$9,149$6,396$4,374$2,936$1,943$275
33 years$8,775$6,057$4,084$2,700$1,758$231
34 years$8,424$5,741$3,816$2,484$1,592$194
35 years$8,094$5,445$3,567$2,287$1,442$163
36 years$7,782$5,168$3,337$2,106$1,306$137
37 years$7,489$4,908$3,123$1,941$1,184$115
38 years$7,211$4,665$2,925$1,789$1,073$96
39 years$6,948$4,436$2,740$1,649$973$81
40 years$6,699$4,220$2,569$1,521$883$68
41 years$6,463$4,017$2,408$1,404$801$57
42 years$6,238$3,826$2,259$1,295$727$48
43 years$6,025$3,645$2,120$1,196$660$40
44 years$5,822$3,475$1,990$1,104$599$34
45 years$5,628$3,314$1,869$1,020$544$29
46 years$5,444$3,161$1,755$942$493$24
47 years$5,268$3,017$1,649$870$448$20
48 years$5,099$2,880$1,549$804$407$17
49 years$4,938$2,750$1,456$743$370$14
50 years$4,784$2,627$1,369$687$336$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $4,900,000, adding $6,622 every year, while hoping to spend $46,083 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: 43/41/16 Blend
44$4,900,000$4,900,000$4,900,000$4,900,000
45$5,406,631$5,146,931$5,070,981$5,613,693
46$5,909,075$5,350,098$5,191,826$5,963,017
47$6,461,224$5,561,677$5,315,176$6,336,160
48$7,068,099$5,782,029$5,441,065$6,739,433
49$7,735,233$6,011,536$5,569,528$7,175,626
50$8,468,718$6,250,593$5,700,599$7,647,803
51$9,275,271$6,499,615$5,834,312$8,159,330
52$10,162,288$6,759,036$5,970,702$8,713,905
53$11,137,921$7,029,308$6,109,800$9,315,589
54$12,211,150$7,310,905$6,251,638$9,968,849
55$13,391,868$7,604,320$6,396,249$10,678,589
56$14,690,978$7,910,071$6,543,663$11,450,203
57$16,120,490$8,228,698$6,693,909$12,289,621
58$17,693,641$8,560,765$6,847,015$13,203,361
59$19,425,012$8,906,862$7,003,010$14,198,592
60$21,330,672$9,267,606$7,161,919$15,283,198
61$23,428,324$9,643,643$7,323,767$16,465,850
62$25,737,478$10,035,646$7,488,578$17,756,085
63$28,279,628$10,444,321$7,656,373$19,164,398
64$31,078,461$10,870,403$7,827,172$20,702,332
65$34,160,076$11,314,665$8,000,995$22,382,588
66$37,553,231$11,777,911$8,177,855$24,219,145
67$41,289,617$12,260,984$8,357,769$26,227,383
68$45,404,151$12,764,765$8,540,747$28,424,230
69$49,935,312$13,290,176$8,726,800$30,828,318
70$54,925,499$13,838,180$8,915,933$33,460,152
71$60,421,434$14,409,785$9,108,151$36,342,308
72$66,474,601$15,006,045$9,303,455$39,499,635
73$73,141,731$15,628,063$9,501,842$42,959,490
74$80,485,341$16,276,991$9,703,307$46,751,992
75$88,574,318$16,954,036$9,907,840$50,910,302
76$97,484,574$17,660,459$10,115,428$55,470,931
77$107,299,760$18,397,581$10,326,054$60,474,085
78$118,112,055$19,166,783$10,539,697$65,964,033
79$130,023,038$19,969,508$10,756,330$71,989,526
80$143,144,643$20,807,269$10,975,922$78,604,252
81$157,600,218$21,681,646$11,198,437$85,867,334
82$173,525,688$22,594,295$11,423,833$93,843,887
83$191,070,840$23,546,947$11,652,062$102,605,626
84$210,400,731$24,541,413$11,883,072$112,231,535
85$231,697,252$25,579,589$12,116,801$122,808,610
86$255,160,841$26,663,458$12,353,183$134,432,675
87$281,012,375$27,795,096$12,592,144$147,209,274
88$309,495,258$28,976,676$12,833,601$161,254,668
89$340,877,713$30,210,472$13,077,465$176,696,921
90$375,455,318$31,498,863$13,323,638$193,677,102
91$413,553,792$32,844,339$13,572,012$212,350,611
92$455,532,075$34,249,508$13,822,471$232,888,637
93$501,785,711$35,717,098$14,074,887$255,479,766
94$552,750,582$37,249,964$14,329,125$280,331,751
95$608,907,026$38,851,097$14,585,035$307,673,467
96$670,784,368$40,523,626$14,842,459$337,757,058
97$738,965,916$42,270,827$15,101,224$370,860,315
98$814,094,471$44,096,129$15,361,147$407,289,277
99$896,878,391$46,003,123$15,622,029$447,381,121
100$988,098,278$47,995,567$15,883,658$491,507,324