How much do I need to retire at 45?

A 50-year retirement starting at 45 is not a 30-year 4% problem. This page sizes the number at 3.5% and checks a worked example from age 36.

The answer on these inputs

$80,000 a year at 3.5% needs $2,285,714 at age 45. Starting from $420,000 and adding $42,000 a year at 5.0% real, the portfolio at 45 is $1,114,674 — short by $1,171,041. Across 1,000 seeded paths, that projected nest egg funds the spend for 50 years in 3% of worlds.

What a nest egg funds from 45

Retiring at 45 means funding 50 years to 95. The 3.5% rule of thumb says $2,285,714 covers $80,000 a year. Across 1,000 paths that nest egg lasts to 95 in 39% of them on cautious returns and 61% on Trinity-style returns. For $80,000 a year to last in 9 of 10 paths, the nest egg at 45 needs to be about $3,510,000 on Trinity-style returns and $5,820,000 on cautious ones.

Highest yearly spending that lasts from 45 to 95 in 9 of 10 simulated paths
Nest egg at 45Cautious returnsTrinity-style returnsPer month, Trinity-style
$500,000$6,500$11,000$917
$1,000,000$13,500$22,500$1,875
$1,500,000$20,500$34,000$2,833
$2,000,000$27,500$45,500$3,792
$3,000,000$41,000$68,000$5,667

Cautious is 5% return, 15% volatility and 2% inflation, a stress case below long-run market history. Trinity-style is the Trinity study calculator's 7%, 12% and 3%.

Change the inputs

Number at retirement$2,285,714
Projected nest egg$1,114,674
Years of saving to the number18.6 years
1,000-path success3%

Why this age is different

The 4% rule was a 30-year result. Retiring at 45 with a plan to 95 is a 50-year problem. That is why the default rate here is 3.5%, not 4% borrowed from a shorter window. On Trinity-style returns, $2,000,000 supports about $45,500 a year from 45 and $47,500 from 50.

How much you need to retire at 35, 40, 50, 55, 60, 65.

Frequently asked questions

How much do I need to retire at 45?
Plan for 50 years to age 95. For $80,000 a year to last in 9 of 10 of this page’s 1,000 simulated paths, the nest egg at 45 needs to be about $3,510,000 on Trinity-style returns (7% return, 12% volatility) or $5,820,000 on cautious ones (5%, 15%). A 4% rule of thumb says $2,285,714.