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%13.1%
1 years$222,963$220,977$219,040$217,149$215,302$212,523
2 years$110,378$108,322$106,330$104,398$102,525$99,729
3 years$72,854$70,790$68,803$66,889$65,046$62,321
4 years$54,096$52,038$50,071$48,190$46,391$43,757
5 years$42,844$40,798$38,857$37,014$35,266$32,730
6 years$35,345$33,315$31,402$29,601$27,905$25,471
7 years$29,991$27,978$26,095$24,336$22,694$20,363
8 years$25,977$23,982$22,131$20,415$18,827$16,598
9 years$22,857$20,881$19,061$17,389$15,855$13,728
10 years$20,362$18,405$16,618$14,990$13,509$11,482
11 years$18,323$16,385$14,630$13,045$11,618$9,689
12 years$16,624$14,707$12,984$11,443$10,068$8,235
13 years$15,188$13,290$11,600$10,102$8,780$7,040
14 years$13,958$12,081$10,423$8,968$7,696$6,047
15 years$12,893$11,036$9,411$7,997$6,776$5,216
16 years$11,962$10,125$8,532$7,161$5,989$4,514
17 years$11,141$9,325$7,764$6,434$5,310$3,917
18 years$10,413$8,617$7,087$5,798$4,722$3,408
19 years$9,762$7,986$6,488$5,239$4,208$2,971
20 years$9,176$7,421$5,954$4,745$3,759$2,595
21 years$8,648$6,912$5,477$4,307$3,364$2,270
22 years$8,167$6,452$5,048$3,916$3,015$1,988
23 years$7,730$6,035$4,661$3,566$2,707$1,743
24 years$7,329$5,654$4,310$3,252$2,433$1,530
25 years$6,961$5,306$3,992$2,970$2,189$1,345
26 years$6,622$4,987$3,703$2,716$1,972$1,182
27 years$6,308$4,693$3,438$2,486$1,778$1,040
28 years$6,018$4,422$3,196$2,278$1,604$916
29 years$5,748$4,172$2,974$2,089$1,449$807
30 years$5,496$3,940$2,771$1,917$1,309$711
31 years$5,261$3,725$2,583$1,760$1,183$627
32 years$5,041$3,524$2,410$1,618$1,070$553
33 years$4,835$3,338$2,250$1,488$969$487
34 years$4,642$3,163$2,102$1,369$877$430
35 years$4,460$3,000$1,966$1,260$794$380
36 years$4,288$2,848$1,839$1,161$720$335
37 years$4,126$2,705$1,721$1,069$652$296
38 years$3,973$2,570$1,612$986$591$261
39 years$3,829$2,444$1,510$909$536$231
40 years$3,691$2,325$1,415$838$486$204
41 years$3,561$2,214$1,327$773$441$180
42 years$3,437$2,108$1,245$714$400$159
43 years$3,320$2,009$1,168$659$363$141
44 years$3,208$1,915$1,097$608$330$124
45 years$3,101$1,826$1,030$562$299$110
46 years$3,000$1,742$967$519$272$97
47 years$2,903$1,662$909$479$247$86
48 years$2,810$1,587$854$443$224$76
49 years$2,721$1,515$802$409$204$67
50 years$2,636$1,447$754$378$185$59

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 $2,733 every year, while hoping to spend $23,026 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: 35/43/22 Blend
44$2,700,000$2,700,000$2,700,000$2,700,000
45$2,978,219$2,835,119$2,793,269$3,062,461
46$3,257,498$2,949,540$2,862,344$3,239,249
47$3,564,492$3,068,797$2,932,961$3,427,555
48$3,902,002$3,193,100$3,005,148$3,630,267
49$4,273,118$3,322,674$3,078,932$3,848,682
50$4,681,241$3,457,750$3,154,341$4,084,223
51$5,130,119$3,598,570$3,231,403$4,338,453
52$5,623,880$3,745,390$3,310,145$4,613,084
53$6,167,076$3,898,474$3,390,595$4,909,998
54$6,764,720$4,058,101$3,472,781$5,231,260
55$7,422,333$4,224,560$3,556,731$5,579,138
56$8,146,003$4,398,156$3,642,474$5,956,122
57$8,942,435$4,579,205$3,730,037$6,364,948
58$9,819,018$4,768,041$3,819,447$6,808,623
59$10,783,892$4,965,009$3,910,733$7,290,449
60$11,846,029$5,170,474$4,003,922$7,814,057
61$13,015,312$5,384,816$4,099,042$8,383,436
62$14,302,634$5,608,431$4,196,119$9,002,973
63$15,719,994$5,841,736$4,295,181$9,677,491
64$17,280,618$6,085,165$4,396,254$10,412,292
65$18,999,076$6,339,174$4,499,364$11,213,208
66$20,891,426$6,604,238$4,604,537$12,086,652
67$22,975,361$6,880,855$4,711,798$13,039,680
68$25,270,377$7,169,546$4,821,173$14,080,051
69$27,797,958$7,470,856$4,932,684$15,216,303
70$30,581,777$7,785,356$5,046,357$16,457,830
71$33,647,922$8,113,641$5,162,213$17,814,968
72$37,025,137$8,456,337$5,280,274$19,299,090
73$40,745,100$8,814,096$5,400,562$20,922,715
74$44,842,715$9,187,602$5,523,097$22,699,618
75$49,356,449$9,577,571$5,647,897$24,644,963
76$54,328,687$9,984,752$5,774,981$26,775,438
77$59,806,135$10,409,928$5,904,366$29,109,418
78$65,840,266$10,853,919$6,036,067$31,667,127
79$72,487,795$11,317,583$6,170,097$34,470,833
80$79,811,225$11,801,819$6,306,470$37,545,049
81$87,879,430$12,307,568$6,445,197$40,916,768
82$96,768,306$12,835,814$6,586,285$44,615,709
83$106,561,491$13,387,586$6,729,743$48,674,598
84$117,351,149$13,963,964$6,875,576$53,129,470
85$129,238,845$14,566,077$7,023,786$58,020,008
86$142,336,499$15,195,106$7,174,375$63,389,915
87$156,767,445$15,852,290$7,327,340$69,287,317
88$172,667,595$16,538,923$7,482,677$75,765,220
89$190,186,722$17,256,362$7,640,378$82,882,002
90$209,489,871$18,006,027$7,800,434$90,701,957
91$230,758,921$18,789,405$7,962,831$99,295,906
92$254,194,297$19,608,053$8,127,553$108,741,851
93$280,016,868$20,463,600$8,294,579$119,125,711
94$308,470,026$21,357,754$8,463,885$130,542,128
95$339,821,987$22,292,301$8,635,442$143,095,352
96$374,368,320$23,269,114$8,809,220$156,900,221
97$412,434,740$24,290,153$8,985,181$172,083,241
98$454,380,182$25,357,469$9,163,283$188,783,768
99$500,600,188$26,473,212$9,343,480$207,155,322
100$551,530,640$27,639,633$9,525,720$227,367,028