Can I retire at age 45 with 2,700,000?

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 $2,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$222,963$220,977$219,040$217,149$215,302$207,087
2 years$110,378$108,322$106,330$104,398$102,525$94,345
3 years$72,854$70,790$68,803$66,889$65,046$57,158
4 years$54,096$52,038$50,071$48,190$46,391$38,857
5 years$42,844$40,798$38,857$37,014$35,266$28,103
6 years$35,345$33,315$31,402$29,601$27,905$21,119
7 years$29,991$27,978$26,095$24,336$22,694$16,283
8 years$25,977$23,982$22,131$20,415$18,827$12,785
9 years$22,857$20,881$19,061$17,389$15,855$10,173
10 years$20,362$18,405$16,618$14,990$13,509$8,177
11 years$18,323$16,385$14,630$13,045$11,618$6,624
12 years$16,624$14,707$12,984$11,443$10,068$5,398
13 years$15,188$13,290$11,600$10,102$8,780$4,421
14 years$13,958$12,081$10,423$8,968$7,696$3,635
15 years$12,893$11,036$9,411$7,997$6,776$2,998
16 years$11,962$10,125$8,532$7,161$5,989$2,478
17 years$11,141$9,325$7,764$6,434$5,310$2,053
18 years$10,413$8,617$7,087$5,798$4,722$1,704
19 years$9,762$7,986$6,488$5,239$4,208$1,416
20 years$9,176$7,421$5,954$4,745$3,759$1,178
21 years$8,648$6,912$5,477$4,307$3,364$981
22 years$8,167$6,452$5,048$3,916$3,015$818
23 years$7,730$6,035$4,661$3,566$2,707$682
24 years$7,329$5,654$4,310$3,252$2,433$569
25 years$6,961$5,306$3,992$2,970$2,189$475
26 years$6,622$4,987$3,703$2,716$1,972$397
27 years$6,308$4,693$3,438$2,486$1,778$332
28 years$6,018$4,422$3,196$2,278$1,604$277
29 years$5,748$4,172$2,974$2,089$1,449$232
30 years$5,496$3,940$2,771$1,917$1,309$194
31 years$5,261$3,725$2,583$1,760$1,183$162
32 years$5,041$3,524$2,410$1,618$1,070$135
33 years$4,835$3,338$2,250$1,488$969$113
34 years$4,642$3,163$2,102$1,369$877$95
35 years$4,460$3,000$1,966$1,260$794$79
36 years$4,288$2,848$1,839$1,161$720$66
37 years$4,126$2,705$1,721$1,069$652$55
38 years$3,973$2,570$1,612$986$591$46
39 years$3,829$2,444$1,510$909$536$39
40 years$3,691$2,325$1,415$838$486$32
41 years$3,561$2,214$1,327$773$441$27
42 years$3,437$2,108$1,245$714$400$23
43 years$3,320$2,009$1,168$659$363$19
44 years$3,208$1,915$1,097$608$330$16
45 years$3,101$1,826$1,030$562$299$13
46 years$3,000$1,742$967$519$272$11
47 years$2,903$1,662$909$479$247$9
48 years$2,810$1,587$854$443$224$8
49 years$2,721$1,515$802$409$204$7
50 years$2,636$1,447$754$378$185$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,700,000, adding $6,148 every year, while hoping to spend $58,086 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: 39/45/16 Blend
44$2,700,000$2,700,000$2,700,000$2,700,000
45$2,981,742$2,838,642$2,796,792$3,083,525
46$3,224,076$2,915,932$2,828,681$3,234,012
47$3,489,182$2,995,063$2,859,692$3,390,562
48$3,779,321$3,076,063$2,889,734$3,558,597
49$4,096,982$3,158,961$2,918,711$3,739,184
50$4,444,908$3,243,784$2,946,521$3,933,499
51$4,826,119$3,330,559$2,973,060$4,142,834
52$5,243,940$3,419,313$2,998,214$4,368,614
53$5,702,034$3,510,072$3,021,866$4,612,405
54$6,204,434$3,602,858$3,043,892$4,875,931
55$6,755,584$3,697,696$3,064,160$5,161,092
56$7,360,378$3,794,608$3,082,534$5,469,978
57$8,024,206$3,893,613$3,098,868$5,804,893
58$8,753,007$3,994,731$3,113,012$6,168,373
59$9,553,320$4,097,980$3,124,804$6,563,210
60$10,432,352$4,203,374$3,134,078$6,992,481
61$11,398,040$4,310,927$3,140,658$7,459,574
62$12,459,128$4,420,651$3,144,358$7,968,224
63$13,625,249$4,532,553$3,144,984$8,522,541
64$14,907,017$4,646,640$3,142,333$9,127,057
65$16,316,122$4,762,915$3,136,191$9,786,763
66$17,865,447$4,881,378$3,126,334$10,507,158
67$19,569,183$5,002,026$3,112,526$11,294,302
68$21,442,966$5,124,852$3,094,522$12,154,870
69$23,504,023$5,249,844$3,072,063$13,096,219
70$25,771,335$5,376,988$3,044,879$14,126,454
71$28,265,815$5,506,264$3,012,686$15,254,508
72$31,010,505$5,637,648$2,975,188$16,490,224
73$34,030,792$5,771,108$2,932,073$17,844,447
74$37,354,651$5,906,611$2,883,015$19,329,129
75$41,012,905$6,044,114$2,827,675$20,957,442
76$45,039,515$6,183,569$2,765,696$22,743,901
77$49,471,903$6,324,921$2,696,704$24,704,501
78$54,351,302$6,468,108$2,620,309$26,856,870
79$59,723,148$6,613,059$2,536,103$29,220,435
80$65,637,505$6,759,695$2,443,658$31,816,604
81$72,149,538$6,907,927$2,342,529$34,668,971
82$79,320,035$7,057,659$2,232,247$37,803,539
83$87,215,976$7,208,782$2,112,324$41,248,963
84$95,911,170$7,361,176$1,982,252$45,036,825
85$105,486,947$7,514,712$1,841,495$49,201,929
86$116,032,928$7,669,245$1,689,498$53,782,632
87$127,647,868$7,824,620$1,525,677$58,821,208
88$140,440,589$7,980,664$1,349,425$64,364,246
89$154,531,005$8,137,193$1,160,107$70,463,090
90$170,051,256$8,294,004$957,060$77,174,327
91$187,146,953$8,450,879$739,590$84,560,319
92$205,978,550$8,607,580$506,974$92,689,797
93$226,722,863$8,763,852$258,458$101,638,506
94$249,574,732$8,919,418$0$111,489,925
95$274,748,865$9,073,980$0$122,337,207
96$302,481,861$9,227,217$0$134,327,756
97$333,034,444$9,378,784$0$147,529,292
98$366,693,923$9,528,310$0$162,065,117
99$403,776,903$9,675,396$0$178,071,113
100$444,632,273$9,819,616$0$195,697,024