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%16.9%
1 years$223,789$221,796$219,851$217,953$216,099$210,024
2 years$110,787$108,723$106,724$104,785$102,904$96,830
3 years$73,124$71,052$69,057$67,137$65,287$59,403
4 years$54,297$52,231$50,256$48,368$46,563$40,916
5 years$43,003$40,950$39,001$37,151$35,397$30,001
6 years$35,476$33,438$31,518$29,710$28,008$22,869
7 years$30,102$28,081$26,192$24,426$22,778$17,896
8 years$26,074$24,071$22,213$20,491$18,897$14,269
9 years$22,942$20,958$19,132$17,454$15,914$11,536
10 years$20,438$18,474$16,680$15,045$13,559$9,425
11 years$18,391$16,446$14,684$13,094$11,661$7,764
12 years$16,686$14,761$13,032$11,485$10,106$6,438
13 years$15,244$13,340$11,643$10,140$8,812$5,367
14 years$14,010$12,125$10,462$9,001$7,725$4,493
15 years$12,941$11,077$9,445$8,027$6,801$3,774
16 years$12,006$10,163$8,564$7,187$6,011$3,180
17 years$11,183$9,359$7,793$6,458$5,330$2,685
18 years$10,451$8,649$7,114$5,820$4,739$2,272
19 years$9,798$8,015$6,512$5,259$4,224$1,926
20 years$9,210$7,448$5,977$4,763$3,773$1,635
21 years$8,680$6,938$5,497$4,322$3,376$1,389
22 years$8,198$6,476$5,067$3,930$3,026$1,182
23 years$7,758$6,057$4,678$3,579$2,717$1,006
24 years$7,356$5,675$4,326$3,264$2,442$857
25 years$6,987$5,326$4,007$2,981$2,197$731
26 years$6,646$5,005$3,716$2,726$1,979$623
27 years$6,332$4,711$3,451$2,495$1,784$532
28 years$6,040$4,439$3,208$2,286$1,610$454
29 years$5,769$4,187$2,985$2,096$1,454$387
30 years$5,516$3,955$2,781$1,924$1,314$331
31 years$5,281$3,738$2,593$1,767$1,188$283
32 years$5,060$3,537$2,419$1,624$1,074$242
33 years$4,853$3,350$2,259$1,493$972$206
34 years$4,659$3,175$2,110$1,374$880$176
35 years$4,476$3,011$1,973$1,265$797$151
36 years$4,304$2,858$1,846$1,165$722$129
37 years$4,142$2,715$1,727$1,073$655$110
38 years$3,988$2,580$1,618$989$594$94
39 years$3,843$2,453$1,516$912$538$81
40 years$3,705$2,334$1,421$841$488$69
41 years$3,574$2,222$1,332$776$443$59
42 years$3,450$2,116$1,250$716$402$50
43 years$3,332$2,016$1,172$661$365$43
44 years$3,220$1,922$1,101$611$331$37
45 years$3,113$1,833$1,033$564$301$32
46 years$3,011$1,748$971$521$273$27
47 years$2,913$1,668$912$481$248$23
48 years$2,820$1,593$857$445$225$20
49 years$2,731$1,521$805$411$204$17
50 years$2,646$1,453$757$380$186$14

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 $6,624 every year, while hoping to spend $33,659 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: 70/21/9 Blend
44$2,710,000$2,710,000$2,710,000$2,710,000
45$2,993,253$2,849,623$2,807,618$3,197,310
46$3,262,752$2,953,441$2,865,860$3,437,102
47$3,558,611$3,061,219$2,924,925$3,694,660
48$3,883,485$3,173,114$2,984,806$3,975,585
49$4,240,295$3,289,292$3,045,492$4,282,168
50$4,632,262$3,409,924$3,106,972$4,616,929
51$5,062,933$3,535,190$3,169,236$4,982,642
52$5,536,215$3,665,277$3,232,268$5,382,363
53$6,056,412$3,800,379$3,296,052$5,819,453
54$6,628,268$3,940,699$3,360,572$6,297,614
55$7,257,008$4,086,450$3,425,808$6,820,922
56$7,948,388$4,237,851$3,491,737$7,393,863
57$8,708,750$4,395,132$3,558,337$8,021,379
58$9,545,082$4,558,534$3,625,581$8,708,910
59$10,465,083$4,728,305$3,693,441$9,462,449
60$11,477,237$4,904,706$3,761,886$10,288,593
61$12,590,888$5,088,010$3,830,883$11,194,609
62$13,816,336$5,278,500$3,900,394$12,188,500
63$15,164,926$5,476,470$3,970,381$13,279,080
64$16,649,161$5,682,230$4,040,802$14,476,058
65$18,282,817$5,896,101$4,111,610$15,790,127
66$20,081,072$6,118,417$4,182,757$17,233,065
67$22,060,651$6,349,530$4,254,189$18,817,846
68$24,239,984$6,589,803$4,325,851$20,558,762
69$26,639,377$6,839,618$4,397,681$22,471,556
70$29,281,205$7,099,371$4,469,615$24,573,569
71$32,190,126$7,369,478$4,541,585$26,883,908
72$35,393,306$7,650,370$4,613,516$29,423,617
73$38,920,685$7,942,500$4,685,330$32,215,884
74$42,805,250$8,246,337$4,756,944$35,286,251
75$47,083,352$8,562,374$4,828,268$38,662,861
76$51,795,047$8,891,124$4,899,208$42,376,717
77$56,984,475$9,233,122$4,969,665$46,461,976
78$62,700,274$9,588,928$5,039,531$50,956,272
79$68,996,041$9,959,125$5,108,695$55,901,069
80$75,930,838$10,344,322$5,177,036$61,342,048
81$83,569,745$10,745,155$5,244,428$67,329,544
82$91,984,480$11,162,289$5,310,738$73,919,012
83$101,254,073$11,596,417$5,375,824$81,171,556
84$111,465,611$12,048,264$5,439,536$89,154,500
85$122,715,059$12,518,585$5,501,717$97,942,026
86$135,108,170$13,008,171$5,562,199$107,615,869
87$148,761,478$13,517,845$5,620,807$118,266,088
88$163,803,399$14,048,471$5,677,355$129,991,919
89$180,375,447$14,600,947$5,731,648$142,902,703
90$198,633,563$15,176,213$5,783,478$157,118,922
91$218,749,591$15,775,252$5,832,629$172,773,334
92$240,912,898$16,399,089$5,878,871$190,012,222
93$265,332,165$17,048,795$5,921,965$208,996,775
94$292,237,351$17,725,492$5,961,656$229,904,607
95$321,881,868$18,430,347$5,997,678$252,931,433
96$354,544,968$19,164,584$6,029,750$278,292,914
97$390,534,386$19,929,480$6,057,578$306,226,689
98$430,189,238$20,726,369$6,080,851$336,994,618
99$473,883,226$21,556,647$6,099,245$370,885,253
100$522,028,163$22,421,771$6,112,418$408,216,555