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%17.4%
1 years$222,963$220,977$219,040$217,149$215,302$208,828
2 years$110,378$108,322$106,330$104,398$102,525$96,057
3 years$72,854$70,790$68,803$66,889$65,046$58,787
4 years$54,096$52,038$50,071$48,190$46,391$40,389
5 years$42,844$40,798$38,857$37,014$35,266$29,537
6 years$35,345$33,315$31,402$29,601$27,905$22,454
7 years$29,991$27,978$26,095$24,336$22,694$17,521
8 years$25,977$23,982$22,131$20,415$18,827$13,929
9 years$22,857$20,881$19,061$17,389$15,855$11,227
10 years$20,362$18,405$16,618$14,990$13,509$9,144
11 years$18,323$16,385$14,630$13,045$11,618$7,509
12 years$16,624$14,707$12,984$11,443$10,068$6,206
13 years$15,188$13,290$11,600$10,102$8,780$5,156
14 years$13,958$12,081$10,423$8,968$7,696$4,301
15 years$12,893$11,036$9,411$7,997$6,776$3,600
16 years$11,962$10,125$8,532$7,161$5,989$3,022
17 years$11,141$9,325$7,764$6,434$5,310$2,543
18 years$10,413$8,617$7,087$5,798$4,722$2,144
19 years$9,762$7,986$6,488$5,239$4,208$1,810
20 years$9,176$7,421$5,954$4,745$3,759$1,531
21 years$8,648$6,912$5,477$4,307$3,364$1,296
22 years$8,167$6,452$5,048$3,916$3,015$1,098
23 years$7,730$6,035$4,661$3,566$2,707$931
24 years$7,329$5,654$4,310$3,252$2,433$790
25 years$6,961$5,306$3,992$2,970$2,189$671
26 years$6,622$4,987$3,703$2,716$1,972$570
27 years$6,308$4,693$3,438$2,486$1,778$484
28 years$6,018$4,422$3,196$2,278$1,604$412
29 years$5,748$4,172$2,974$2,089$1,449$350
30 years$5,496$3,940$2,771$1,917$1,309$298
31 years$5,261$3,725$2,583$1,760$1,183$253
32 years$5,041$3,524$2,410$1,618$1,070$216
33 years$4,835$3,338$2,250$1,488$969$183
34 years$4,642$3,163$2,102$1,369$877$156
35 years$4,460$3,000$1,966$1,260$794$133
36 years$4,288$2,848$1,839$1,161$720$113
37 years$4,126$2,705$1,721$1,069$652$96
38 years$3,973$2,570$1,612$986$591$82
39 years$3,829$2,444$1,510$909$536$70
40 years$3,691$2,325$1,415$838$486$59
41 years$3,561$2,214$1,327$773$441$51
42 years$3,437$2,108$1,245$714$400$43
43 years$3,320$2,009$1,168$659$363$37
44 years$3,208$1,915$1,097$608$330$31
45 years$3,101$1,826$1,030$562$299$27
46 years$3,000$1,742$967$519$272$23
47 years$2,903$1,662$909$479$247$19
48 years$2,810$1,587$854$443$224$16
49 years$2,721$1,515$802$409$204$14
50 years$2,636$1,447$754$378$185$12

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 $2,874 every year, while hoping to spend $48,173 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: 43/28/29 Blend
44$2,700,000$2,700,000$2,700,000$2,700,000
45$2,978,365$2,835,265$2,793,415$3,081,130
46$3,230,902$2,922,937$2,835,738$3,242,883
47$3,507,584$3,013,290$2,877,865$3,413,265
48$3,810,822$3,106,406$2,919,738$3,596,969
49$4,143,272$3,202,366$2,961,296$3,795,260
50$4,507,860$3,301,257$3,002,474$4,009,531
51$4,907,809$3,403,165$3,043,203$4,241,313
52$5,346,666$3,508,181$3,083,412$4,492,294
53$5,828,343$3,616,399$3,123,023$4,764,329
54$6,357,144$3,727,913$3,161,954$5,059,465
55$6,937,814$3,842,822$3,200,121$5,379,950
56$7,575,578$3,961,227$3,237,432$5,728,265
57$8,276,192$4,083,232$3,273,791$6,107,139
58$9,045,998$4,208,945$3,309,097$6,519,579
59$9,891,982$4,338,475$3,343,244$6,968,894
60$10,821,839$4,471,936$3,376,118$7,458,732
61$11,844,050$4,609,444$3,407,601$7,993,109
62$12,967,955$4,751,118$3,437,568$8,576,450
63$14,203,847$4,897,083$3,465,886$9,213,628
64$15,563,064$5,047,465$3,492,418$9,910,013
65$17,058,099$5,202,394$3,517,017$10,671,519
66$18,702,718$5,362,004$3,539,530$11,504,662
67$20,512,085$5,526,432$3,559,794$12,416,620
68$22,502,912$5,695,821$3,577,641$13,415,303
69$24,693,608$5,870,316$3,592,892$14,509,425
70$27,104,461$6,050,066$3,605,358$15,708,586
71$29,757,821$6,235,225$3,614,843$17,023,364
72$32,678,319$6,425,950$3,621,140$18,465,414
73$35,893,091$6,622,406$3,624,032$20,047,579
74$39,432,040$6,824,757$3,623,291$21,784,009
75$43,328,114$7,033,176$3,618,677$23,690,295
76$47,617,619$7,247,839$3,609,940$25,783,619
77$52,340,560$7,468,927$3,596,816$28,082,912
78$57,541,017$7,696,625$3,579,030$30,609,033
79$63,267,566$7,931,124$3,556,292$33,384,971
80$69,573,729$8,172,621$3,528,300$36,436,055
81$76,518,487$8,421,316$3,494,735$39,790,197
82$84,166,829$8,677,418$3,455,265$43,478,154
83$92,590,371$8,941,137$3,409,542$47,533,821
84$101,868,028$9,212,691$3,357,201$51,994,548
85$112,086,760$9,492,306$3,297,860$56,901,492
86$123,342,390$9,780,209$3,231,119$62,300,009
87$135,740,511$10,076,638$3,156,559$68,240,079
88$149,397,483$10,381,833$3,073,744$74,776,780
89$164,441,527$10,696,043$2,982,215$81,970,807
90$181,013,936$11,019,522$2,881,492$89,889,045
91$199,270,411$11,352,533$2,771,076$98,605,202
92$219,382,528$11,695,342$2,650,442$108,200,503
93$241,539,357$12,048,224$2,519,042$118,764,456
94$265,949,246$12,411,462$2,376,305$130,395,703
95$292,841,789$12,785,344$2,221,632$143,202,944
96$322,469,992$13,170,166$2,054,397$157,305,968
97$355,112,660$13,566,233$1,873,948$172,836,784
98$391,077,028$13,973,854$1,679,601$189,940,866
99$430,701,661$14,393,350$1,470,644$208,778,526
100$474,359,653$14,825,047$1,246,333$229,526,433