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%17.2%
1 years$222,963$220,977$219,040$217,149$215,302$208,996
2 years$110,378$108,322$106,330$104,398$102,525$96,223
3 years$72,854$70,790$68,803$66,889$65,046$58,945
4 years$54,096$52,038$50,071$48,190$46,391$40,539
5 years$42,844$40,798$38,857$37,014$35,266$29,678
6 years$35,345$33,315$31,402$29,601$27,905$22,586
7 years$29,991$27,978$26,095$24,336$22,694$17,644
8 years$25,977$23,982$22,131$20,415$18,827$14,043
9 years$22,857$20,881$19,061$17,389$15,855$11,333
10 years$20,362$18,405$16,618$14,990$13,509$9,242
11 years$18,323$16,385$14,630$13,045$11,618$7,599
12 years$16,624$14,707$12,984$11,443$10,068$6,289
13 years$15,188$13,290$11,600$10,102$8,780$5,231
14 years$13,958$12,081$10,423$8,968$7,696$4,370
15 years$12,893$11,036$9,411$7,997$6,776$3,664
16 years$11,962$10,125$8,532$7,161$5,989$3,080
17 years$11,141$9,325$7,764$6,434$5,310$2,595
18 years$10,413$8,617$7,087$5,798$4,722$2,191
19 years$9,762$7,986$6,488$5,239$4,208$1,853
20 years$9,176$7,421$5,954$4,745$3,759$1,569
21 years$8,648$6,912$5,477$4,307$3,364$1,330
22 years$8,167$6,452$5,048$3,916$3,015$1,129
23 years$7,730$6,035$4,661$3,566$2,707$959
24 years$7,329$5,654$4,310$3,252$2,433$815
25 years$6,961$5,306$3,992$2,970$2,189$693
26 years$6,622$4,987$3,703$2,716$1,972$590
27 years$6,308$4,693$3,438$2,486$1,778$502
28 years$6,018$4,422$3,196$2,278$1,604$427
29 years$5,748$4,172$2,974$2,089$1,449$364
30 years$5,496$3,940$2,771$1,917$1,309$310
31 years$5,261$3,725$2,583$1,760$1,183$264
32 years$5,041$3,524$2,410$1,618$1,070$225
33 years$4,835$3,338$2,250$1,488$969$192
34 years$4,642$3,163$2,102$1,369$877$164
35 years$4,460$3,000$1,966$1,260$794$140
36 years$4,288$2,848$1,839$1,161$720$119
37 years$4,126$2,705$1,721$1,069$652$102
38 years$3,973$2,570$1,612$986$591$87
39 years$3,829$2,444$1,510$909$536$74
40 years$3,691$2,325$1,415$838$486$63
41 years$3,561$2,214$1,327$773$441$54
42 years$3,437$2,108$1,245$714$400$46
43 years$3,320$2,009$1,168$659$363$39
44 years$3,208$1,915$1,097$608$330$33
45 years$3,101$1,826$1,030$562$299$28
46 years$3,000$1,742$967$519$272$24
47 years$2,903$1,662$909$479$247$21
48 years$2,810$1,587$854$443$224$18
49 years$2,721$1,515$802$409$204$15
50 years$2,636$1,447$754$378$185$13

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 $5,337 every year, while hoping to spend $37,109 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: 61/23/16 Blend
44$2,700,000$2,700,000$2,700,000$2,700,000
45$2,980,905$2,837,805$2,795,955$3,150,406
46$3,245,474$2,937,374$2,850,136$3,364,784
47$3,535,785$3,040,578$2,904,888$3,593,989
48$3,854,424$3,147,556$2,960,191$3,843,242
49$4,204,242$3,258,452$3,016,024$4,114,489
50$4,588,376$3,373,418$3,072,362$4,409,873
51$5,010,284$3,492,609$3,129,180$4,731,751
52$5,473,774$3,616,187$3,186,448$5,082,719
53$5,983,041$3,744,323$3,244,137$5,465,632
54$6,542,709$3,877,193$3,302,213$5,883,634
55$7,157,869$4,014,979$3,360,641$6,340,188
56$7,834,131$4,157,872$3,419,382$6,839,104
57$8,577,676$4,306,071$3,478,395$7,384,577
58$9,395,313$4,459,783$3,537,635$7,981,229
59$10,294,544$4,619,222$3,597,055$8,634,146
60$11,283,636$4,784,612$3,656,605$9,348,931
61$12,371,695$4,956,186$3,716,229$10,131,753
62$13,568,755$5,134,187$3,775,870$10,989,405
63$14,885,873$5,318,867$3,835,467$11,929,372
64$16,335,230$5,510,489$3,894,953$12,959,894
65$17,930,247$5,709,327$3,954,258$14,090,048
66$19,685,714$5,915,666$4,013,307$15,329,833
67$21,617,927$6,129,803$4,072,022$16,690,261
68$23,744,839$6,352,047$4,130,319$18,183,463
69$26,086,236$6,582,720$4,188,108$19,822,801
70$28,663,917$6,822,159$4,245,294$21,622,996
71$31,501,903$7,070,711$4,301,779$23,600,262
72$34,626,664$7,328,743$4,357,455$25,772,463
73$38,067,364$7,596,632$4,412,210$28,159,278
74$41,856,142$7,874,774$4,465,926$30,782,388
75$46,028,412$8,163,581$4,518,478$33,665,675
76$50,623,196$8,463,482$4,569,733$36,835,455
77$55,683,495$8,774,926$4,619,552$40,320,717
78$61,256,691$9,098,376$4,667,786$44,153,402
79$67,394,997$9,434,321$4,714,281$48,368,701
80$74,155,950$9,783,266$4,758,873$53,005,385
81$81,602,950$10,145,739$4,801,388$58,106,173
82$89,805,861$10,522,290$4,841,645$63,718,132
83$98,841,671$10,913,494$4,879,451$69,893,121
84$108,795,215$11,319,949$4,914,607$76,688,280
85$119,759,979$11,742,278$4,946,898$84,166,567
86$131,838,979$12,181,133$4,976,102$92,397,353
87$145,145,738$12,637,191$5,001,984$101,457,074
88$159,805,350$13,111,160$5,024,297$111,429,953
89$175,955,667$13,603,778$5,042,782$122,408,791
90$193,748,597$14,115,815$5,057,167$134,495,844
91$213,351,537$14,648,074$5,067,166$147,803,788
92$234,948,956$15,201,391$5,072,478$162,456,778
93$258,744,132$15,776,642$5,072,788$178,591,621
94$284,961,072$16,374,736$5,067,766$196,359,066
95$313,846,630$16,996,626$5,057,064$215,925,224
96$345,672,829$17,643,304$5,040,319$237,473,135
97$380,739,437$18,315,805$5,017,148$261,204,495
98$419,376,790$19,015,210$4,987,153$287,341,559
99$461,948,913$19,742,646$4,949,914$316,129,234
100$508,856,958$20,499,291$4,904,992$347,837,395