Can I retire at age 45 with 2,710,000?

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 $2,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$223,789$221,796$219,851$217,953$216,099$214,737
2 years$110,787$108,723$106,724$104,785$102,904$101,531
3 years$73,124$71,052$69,057$67,137$65,287$63,944
4 years$54,297$52,231$50,256$48,368$46,563$45,261
5 years$43,003$40,950$39,001$37,151$35,397$34,139
6 years$35,476$33,438$31,518$29,710$28,008$26,797
7 years$30,102$28,081$26,192$24,426$22,778$21,614
8 years$26,074$24,071$22,213$20,491$18,897$17,780
9 years$22,942$20,958$19,132$17,454$15,914$14,844
10 years$20,438$18,474$16,680$15,045$13,559$12,536
11 years$18,391$16,446$14,684$13,094$11,661$10,683
12 years$16,686$14,761$13,032$11,485$10,106$9,172
13 years$15,244$13,340$11,643$10,140$8,812$7,923
14 years$14,010$12,125$10,462$9,001$7,725$6,878
15 years$12,941$11,077$9,445$8,027$6,801$5,996
16 years$12,006$10,163$8,564$7,187$6,011$5,247
17 years$11,183$9,359$7,793$6,458$5,330$4,605
18 years$10,451$8,649$7,114$5,820$4,739$4,052
19 years$9,798$8,015$6,512$5,259$4,224$3,573
20 years$9,210$7,448$5,977$4,763$3,773$3,158
21 years$8,680$6,938$5,497$4,322$3,376$2,795
22 years$8,198$6,476$5,067$3,930$3,026$2,478
23 years$7,758$6,057$4,678$3,579$2,717$2,200
24 years$7,356$5,675$4,326$3,264$2,442$1,955
25 years$6,987$5,326$4,007$2,981$2,197$1,739
26 years$6,646$5,005$3,716$2,726$1,979$1,548
27 years$6,332$4,711$3,451$2,495$1,784$1,380
28 years$6,040$4,439$3,208$2,286$1,610$1,230
29 years$5,769$4,187$2,985$2,096$1,454$1,098
30 years$5,516$3,955$2,781$1,924$1,314$980
31 years$5,281$3,738$2,593$1,767$1,188$875
32 years$5,060$3,537$2,419$1,624$1,074$782
33 years$4,853$3,350$2,259$1,493$972$699
34 years$4,659$3,175$2,110$1,374$880$625
35 years$4,476$3,011$1,973$1,265$797$559
36 years$4,304$2,858$1,846$1,165$722$501
37 years$4,142$2,715$1,727$1,073$655$448
38 years$3,988$2,580$1,618$989$594$401
39 years$3,843$2,453$1,516$912$538$359
40 years$3,705$2,334$1,421$841$488$322
41 years$3,574$2,222$1,332$776$443$288
42 years$3,450$2,116$1,250$716$402$258
43 years$3,332$2,016$1,172$661$365$231
44 years$3,220$1,922$1,101$611$331$207
45 years$3,113$1,833$1,033$564$301$186
46 years$3,011$1,748$971$521$273$166
47 years$2,913$1,668$912$481$248$149
48 years$2,820$1,593$857$445$225$134
49 years$2,731$1,521$805$411$204$120
50 years$2,646$1,453$757$380$186$107

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,710,000, adding $3,568 every year, while hoping to spend $40,477 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: 44/35/21 Blend
44$2,710,000$2,710,000$2,710,000$2,710,000
45$2,990,100$2,846,470$2,804,465$3,103,334
46$3,252,023$2,942,880$2,855,348$3,280,004
47$3,539,306$3,042,658$2,906,578$3,467,148
48$3,854,492$3,145,925$2,958,125$3,669,174
49$4,200,384$3,252,808$3,009,956$3,887,481
50$4,580,067$3,363,440$3,062,034$4,123,606
51$4,996,943$3,477,958$3,114,321$4,379,240
52$5,454,755$3,596,502$3,166,775$4,656,241
53$5,957,631$3,719,221$3,219,352$4,956,656
54$6,510,114$3,846,268$3,272,006$5,282,733
55$7,117,212$3,977,801$3,324,684$5,636,948
56$7,784,440$4,113,986$3,377,334$6,022,025
57$8,517,876$4,254,995$3,429,897$6,440,961
58$9,324,214$4,401,004$3,482,314$6,897,053
59$10,210,831$4,552,200$3,534,518$7,393,933
60$11,185,852$4,708,774$3,586,440$7,935,597
61$12,258,230$4,870,925$3,638,008$8,526,442
62$13,437,832$5,038,862$3,689,143$9,171,313
63$14,735,524$5,212,800$3,739,762$9,875,539
64$16,163,282$5,392,962$3,789,780$10,644,992
65$17,734,301$5,579,582$3,839,101$11,486,133
66$19,463,119$5,772,900$3,887,630$12,406,080
67$21,365,753$5,973,168$3,935,262$13,412,670
68$23,459,854$6,180,647$3,981,887$14,514,532
69$25,764,869$6,395,609$4,027,390$15,721,172
70$28,302,227$6,618,336$4,071,649$17,043,058
71$31,095,540$6,849,120$4,114,535$18,491,717
72$34,170,825$7,088,267$4,155,912$20,079,847
73$37,556,751$7,336,093$4,195,637$21,821,436
74$41,284,907$7,592,929$4,233,558$23,731,888
75$45,390,102$7,859,117$4,269,517$25,828,174
76$49,910,692$8,135,014$4,303,345$28,128,985
77$54,888,943$8,420,990$4,334,867$30,654,914
78$60,371,427$8,717,430$4,363,897$33,428,645
79$66,409,464$9,024,736$4,390,240$36,475,166
80$73,059,606$9,343,324$4,413,689$39,822,006
81$80,384,168$9,673,630$4,434,030$43,499,495
82$88,451,819$10,016,103$4,451,036$47,541,045
83$97,338,227$10,371,215$4,464,468$51,983,467
84$107,126,775$10,739,453$4,474,076$56,867,317
85$117,909,346$11,121,326$4,479,598$62,237,278
86$129,787,192$11,517,363$4,480,757$68,142,579
87$142,871,888$11,928,116$4,477,264$74,637,460
88$157,286,384$12,354,158$4,468,816$81,781,683
89$173,166,168$12,796,084$4,455,095$89,641,093
90$190,660,542$13,254,518$4,435,766$98,288,239
91$209,934,032$13,730,104$4,410,479$107,803,059
92$231,167,941$14,223,517$4,378,867$118,273,631
93$254,562,059$14,735,457$4,340,547$129,797,003
94$280,336,549$15,266,654$4,295,115$142,480,108
95$308,734,025$15,817,868$4,242,150$156,440,775
96$340,021,843$16,389,891$4,181,209$171,808,832
97$374,494,622$16,983,547$4,111,831$188,727,339
98$412,477,028$17,599,695$4,033,531$207,353,928
99$454,326,833$18,239,228$3,945,803$227,862,296
100$500,438,298$18,903,078$3,848,115$250,443,839