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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.5%
1 years$222,963$220,977$219,040$217,149$215,302$213,053
2 years$110,378$108,322$106,330$104,398$102,525$100,260
3 years$72,854$70,790$68,803$66,889$65,046$62,836
4 years$54,096$52,038$50,071$48,190$46,391$44,253
5 years$42,844$40,798$38,857$37,014$35,266$33,205
6 years$35,345$33,315$31,402$29,601$27,905$25,924
7 years$29,991$27,978$26,095$24,336$22,694$20,795
8 years$25,977$23,982$22,131$20,415$18,827$17,009
9 years$22,857$20,881$19,061$17,389$15,855$14,117
10 years$20,362$18,405$16,618$14,990$13,509$11,850
11 years$18,323$16,385$14,630$13,045$11,618$10,037
12 years$16,624$14,707$12,984$11,443$10,068$8,564
13 years$15,188$13,290$11,600$10,102$8,780$7,349
14 years$13,958$12,081$10,423$8,968$7,696$6,338
15 years$12,893$11,036$9,411$7,997$6,776$5,489
16 years$11,962$10,125$8,532$7,161$5,989$4,770
17 years$11,141$9,325$7,764$6,434$5,310$4,157
18 years$10,413$8,617$7,087$5,798$4,722$3,632
19 years$9,762$7,986$6,488$5,239$4,208$3,181
20 years$9,176$7,421$5,954$4,745$3,759$2,790
21 years$8,648$6,912$5,477$4,307$3,364$2,452
22 years$8,167$6,452$5,048$3,916$3,015$2,157
23 years$7,730$6,035$4,661$3,566$2,707$1,900
24 years$7,329$5,654$4,310$3,252$2,433$1,676
25 years$6,961$5,306$3,992$2,970$2,189$1,479
26 years$6,622$4,987$3,703$2,716$1,972$1,307
27 years$6,308$4,693$3,438$2,486$1,778$1,155
28 years$6,018$4,422$3,196$2,278$1,604$1,022
29 years$5,748$4,172$2,974$2,089$1,449$905
30 years$5,496$3,940$2,771$1,917$1,309$801
31 years$5,261$3,725$2,583$1,760$1,183$710
32 years$5,041$3,524$2,410$1,618$1,070$629
33 years$4,835$3,338$2,250$1,488$969$558
34 years$4,642$3,163$2,102$1,369$877$495
35 years$4,460$3,000$1,966$1,260$794$439
36 years$4,288$2,848$1,839$1,161$720$389
37 years$4,126$2,705$1,721$1,069$652$345
38 years$3,973$2,570$1,612$986$591$307
39 years$3,829$2,444$1,510$909$536$272
40 years$3,691$2,325$1,415$838$486$242
41 years$3,561$2,214$1,327$773$441$215
42 years$3,437$2,108$1,245$714$400$191
43 years$3,320$2,009$1,168$659$363$169
44 years$3,208$1,915$1,097$608$330$150
45 years$3,101$1,826$1,030$562$299$134
46 years$3,000$1,742$967$519$272$119
47 years$2,903$1,662$909$479$247$105
48 years$2,810$1,587$854$443$224$94
49 years$2,721$1,515$802$409$204$83
50 years$2,636$1,447$754$378$185$74

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 $5,023 every year, while hoping to spend $24,265 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: 33/37/30 Blend
44$2,700,000$2,700,000$2,700,000$2,700,000
45$2,980,581$2,837,481$2,795,631$3,051,695
46$3,258,783$2,950,700$2,863,467$3,219,759
47$3,564,548$3,068,653$2,932,762$3,398,270
48$3,900,661$3,191,547$3,003,540$3,590,196
49$4,270,194$3,319,598$3,075,823$3,796,745
50$4,676,526$3,453,031$3,149,636$4,019,242
51$5,123,383$3,592,081$3,225,000$4,259,139
52$5,614,870$3,736,994$3,301,939$4,518,033
53$6,155,509$3,888,029$3,380,476$4,797,674
54$6,750,283$4,045,455$3,460,634$5,099,986
55$7,404,681$4,209,552$3,542,435$5,427,082
56$8,124,753$4,380,614$3,625,901$5,781,283
57$8,917,163$4,558,950$3,711,054$6,165,139
58$9,789,255$4,744,880$3,797,916$6,581,451
59$10,749,121$4,938,740$3,886,508$7,033,300
60$11,805,676$5,140,883$3,976,851$7,524,070
61$12,968,744$5,351,676$4,068,964$8,057,484
62$14,249,150$5,571,502$4,162,869$8,637,633
63$15,658,822$5,800,764$4,258,583$9,269,016
64$17,210,902$6,039,882$4,356,126$9,956,583
65$18,919,873$6,289,295$4,455,515$10,705,776
66$20,801,693$6,549,463$4,556,768$11,522,582
67$22,873,947$6,820,868$4,659,901$12,413,587
68$25,156,010$7,104,012$4,764,929$13,386,040
69$27,669,235$7,399,420$4,871,866$14,447,911
70$30,437,150$7,707,644$4,980,726$15,607,977
71$33,485,680$8,029,259$5,091,520$16,875,891
72$36,843,394$8,364,868$5,204,261$18,262,282
73$40,541,773$8,715,099$5,318,957$19,778,844
74$44,615,508$9,080,613$5,435,616$21,438,451
75$49,102,826$9,462,100$5,554,245$23,255,277
76$54,045,851$9,860,279$5,674,849$25,244,920
77$59,491,003$10,275,908$5,797,432$27,424,556
78$65,489,433$10,709,775$5,921,994$29,813,094
79$72,097,509$11,162,708$6,048,534$32,431,353
80$79,377,345$11,635,572$6,177,051$35,302,257
81$87,397,391$12,129,271$6,307,538$38,451,049
82$96,233,073$12,644,754$6,439,989$41,905,522
83$105,967,511$13,183,011$6,574,393$45,696,288
84$116,692,300$13,745,081$6,710,738$49,857,052
85$128,508,374$14,332,049$6,849,007$54,424,940
86$141,526,961$14,945,053$6,989,183$59,440,835
87$155,870,633$15,585,283$7,131,242$64,949,766
88$171,674,459$16,253,983$7,275,160$71,001,329
89$189,087,283$16,952,457$7,420,907$77,650,149
90$208,273,129$17,682,071$7,568,451$84,956,396
91$229,412,749$18,444,253$7,717,754$92,986,344
92$252,705,326$19,240,498$7,868,775$101,812,996
93$278,370,358$20,072,371$8,021,469$111,516,769
94$306,649,731$20,941,514$8,175,784$122,186,247
95$337,809,995$21,849,640$8,331,664$133,919,014
96$372,144,890$22,798,547$8,489,050$146,822,568
97$409,978,109$23,790,116$8,647,874$161,015,335
98$451,666,361$24,826,317$8,808,063$176,627,777
99$497,602,736$25,909,213$8,969,539$193,803,620
100$548,220,412$27,040,961$9,132,216$212,701,209