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

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 $2,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$223,789$221,796$219,851$217,953$216,099$212,083
2 years$110,787$108,723$106,724$104,785$102,904$98,873
3 years$73,124$71,052$69,057$67,137$65,287$61,366
4 years$54,297$52,231$50,256$48,368$46,563$42,783
5 years$43,003$40,950$39,001$37,151$35,397$31,768
6 years$35,476$33,438$31,518$29,710$28,008$24,535
7 years$30,102$28,081$26,192$24,426$22,778$19,462
8 years$26,074$24,071$22,213$20,491$18,897$15,736
9 years$22,942$20,958$19,132$17,454$15,914$12,907
10 years$20,438$18,474$16,680$15,045$13,559$10,704
11 years$18,391$16,446$14,684$13,094$11,661$8,953
12 years$16,686$14,761$13,032$11,485$10,106$7,542
13 years$15,244$13,340$11,643$10,140$8,812$6,388
14 years$14,010$12,125$10,462$9,001$7,725$5,436
15 years$12,941$11,077$9,445$8,027$6,801$4,644
16 years$12,006$10,163$8,564$7,187$6,011$3,980
17 years$11,183$9,359$7,793$6,458$5,330$3,420
18 years$10,451$8,649$7,114$5,820$4,739$2,945
19 years$9,798$8,015$6,512$5,259$4,224$2,541
20 years$9,210$7,448$5,977$4,763$3,773$2,196
21 years$8,680$6,938$5,497$4,322$3,376$1,901
22 years$8,198$6,476$5,067$3,930$3,026$1,647
23 years$7,758$6,057$4,678$3,579$2,717$1,429
24 years$7,356$5,675$4,326$3,264$2,442$1,241
25 years$6,987$5,326$4,007$2,981$2,197$1,078
26 years$6,646$5,005$3,716$2,726$1,979$938
27 years$6,332$4,711$3,451$2,495$1,784$816
28 years$6,040$4,439$3,208$2,286$1,610$710
29 years$5,769$4,187$2,985$2,096$1,454$618
30 years$5,516$3,955$2,781$1,924$1,314$539
31 years$5,281$3,738$2,593$1,767$1,188$469
32 years$5,060$3,537$2,419$1,624$1,074$409
33 years$4,853$3,350$2,259$1,493$972$357
34 years$4,659$3,175$2,110$1,374$880$311
35 years$4,476$3,011$1,973$1,265$797$271
36 years$4,304$2,858$1,846$1,165$722$237
37 years$4,142$2,715$1,727$1,073$655$207
38 years$3,988$2,580$1,618$989$594$180
39 years$3,843$2,453$1,516$912$538$157
40 years$3,705$2,334$1,421$841$488$137
41 years$3,574$2,222$1,332$776$443$120
42 years$3,450$2,116$1,250$716$402$105
43 years$3,332$2,016$1,172$661$365$91
44 years$3,220$1,922$1,101$611$331$80
45 years$3,113$1,833$1,033$564$301$70
46 years$3,011$1,748$971$521$273$61
47 years$2,913$1,668$912$481$248$53
48 years$2,820$1,593$857$445$225$46
49 years$2,731$1,521$805$411$204$40
50 years$2,646$1,453$757$380$186$35

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 $4,286 every year, while hoping to spend $24,706 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: 54/26/20 Blend
44$2,710,000$2,710,000$2,710,000$2,710,000
45$2,990,841$2,847,211$2,805,206$3,135,845
46$3,269,620$2,960,437$2,872,893$3,348,901
47$3,576,006$3,078,384$2,942,020$3,577,744
48$3,912,789$3,201,255$3,012,609$3,826,324
49$4,283,044$3,329,267$3,084,681$4,096,531
50$4,690,155$3,462,642$3,158,259$4,390,448
51$5,137,855$3,601,615$3,233,364$4,710,363
52$5,630,253$3,746,431$3,310,019$5,058,793
53$6,171,878$3,897,345$3,388,244$5,438,507
54$6,767,720$4,054,626$3,468,060$5,852,552
55$7,423,276$4,218,551$3,549,489$6,304,280
56$8,144,605$4,389,415$3,632,552$6,797,380
57$8,938,380$4,567,522$3,717,268$7,335,912
58$9,811,956$4,753,191$3,803,657$7,924,342
59$10,773,435$4,946,757$3,891,739$8,567,588
60$11,831,745$5,148,568$3,981,533$9,271,062
61$12,996,725$5,358,990$4,073,056$10,040,722
62$14,279,215$5,578,404$4,166,327$10,883,126
63$15,691,158$5,807,209$4,261,362$11,805,495
64$17,245,716$6,045,823$4,358,178$12,815,777
65$18,957,393$6,294,681$4,456,790$13,922,727
66$20,842,168$6,554,241$4,557,213$15,135,979
67$22,917,650$6,824,980$4,659,461$16,466,148
68$25,203,243$7,107,397$4,763,545$17,924,917
69$27,720,328$7,402,014$4,869,479$19,525,157
70$30,492,466$7,709,377$4,977,271$21,281,038
71$33,545,619$8,030,058$5,086,931$23,208,167
72$36,908,396$8,364,655$5,198,467$25,323,735
73$40,612,321$8,713,792$5,311,885$27,646,672
74$44,692,134$9,078,124$5,427,189$30,197,831
75$49,186,115$9,458,335$5,544,382$33,000,178
76$54,136,446$9,855,140$5,663,466$36,079,012
77$59,589,611$10,269,290$5,784,440$39,462,199
78$65,596,833$10,701,567$5,907,301$43,180,433
79$72,214,558$11,152,792$6,032,044$47,267,526
80$79,504,987$11,623,823$6,158,661$51,760,727
81$87,536,662$12,115,557$6,287,143$56,701,067
82$96,385,117$12,628,934$6,417,478$62,133,747
83$106,133,585$13,164,938$6,549,649$68,108,563
84$116,873,789$13,724,598$6,683,640$74,680,375
85$128,706,802$14,308,990$6,819,429$81,909,620
86$141,744,007$14,919,242$6,956,991$89,862,881
87$156,108,144$15,556,533$7,096,299$98,613,514
88$171,934,470$16,222,098$7,237,320$108,242,340
89$189,372,034$16,917,230$7,380,019$118,838,399
90$208,585,089$17,643,281$7,524,356$130,499,795
91$229,754,633$18,401,667$7,670,288$143,334,615
92$253,080,128$19,193,871$7,817,764$157,461,949
93$278,781,375$20,021,444$7,966,733$173,013,008
94$307,100,592$20,886,012$8,117,136$190,132,363
95$338,304,700$21,789,274$8,268,907$208,979,304
96$372,687,842$22,733,011$8,421,978$229,729,341
97$410,574,160$23,719,087$8,576,273$252,575,857
98$452,320,856$24,749,454$8,731,709$277,731,932
99$498,321,561$25,826,155$8,888,199$305,432,347
100$549,010,053$26,951,329$9,045,647$335,935,799