Can I retire at age 45 with 2,730,000?

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$225,441$223,433$221,474$219,561$217,694$214,352
2 years$111,604$109,526$107,511$105,558$103,664$100,305
3 years$73,664$71,576$69,567$67,632$65,769$62,498
4 years$54,697$52,616$50,627$48,725$46,907$43,749
5 years$43,320$41,252$39,289$37,426$35,658$32,621
6 years$35,738$33,685$31,751$29,930$28,215$25,304
7 years$30,324$28,289$26,385$24,607$22,946$20,162
8 years$26,266$24,249$22,377$20,642$19,036$16,378
9 years$23,111$21,113$19,273$17,582$16,031$13,497
10 years$20,589$18,610$16,803$15,156$13,659$11,248
11 years$18,526$16,567$14,793$13,190$11,747$9,456
12 years$16,809$14,870$13,128$11,570$10,180$8,006
13 years$15,357$13,438$11,729$10,214$8,877$6,818
14 years$14,113$12,215$10,539$9,067$7,782$5,833
15 years$13,036$11,158$9,515$8,086$6,852$5,010
16 years$12,095$10,238$8,627$7,240$6,056$4,318
17 years$11,265$9,429$7,850$6,505$5,369$3,731
18 years$10,529$8,712$7,166$5,863$4,774$3,232
19 years$9,870$8,075$6,560$5,297$4,255$2,806
20 years$9,278$7,503$6,021$4,798$3,801$2,439
21 years$8,744$6,989$5,538$4,354$3,401$2,124
22 years$8,258$6,524$5,104$3,959$3,049$1,852
23 years$7,816$6,102$4,713$3,606$2,737$1,617
24 years$7,410$5,717$4,358$3,289$2,460$1,413
25 years$7,038$5,365$4,037$3,003$2,214$1,235
26 years$6,695$5,042$3,744$2,746$1,994$1,081
27 years$6,378$4,745$3,477$2,514$1,798$946
28 years$6,085$4,472$3,232$2,303$1,622$829
29 years$5,811$4,218$3,008$2,112$1,465$727
30 years$5,557$3,984$2,801$1,938$1,323$637
31 years$5,320$3,766$2,612$1,780$1,196$559
32 years$5,097$3,563$2,437$1,636$1,082$491
33 years$4,889$3,375$2,275$1,504$979$431
34 years$4,693$3,198$2,126$1,384$887$378
35 years$4,509$3,034$1,987$1,274$803$332
36 years$4,336$2,879$1,859$1,173$728$292
37 years$4,172$2,735$1,740$1,081$660$256
38 years$4,017$2,599$1,630$997$598$225
39 years$3,871$2,471$1,527$919$542$198
40 years$3,732$2,351$1,431$848$492$174
41 years$3,601$2,238$1,342$782$446$153
42 years$3,476$2,132$1,259$722$405$134
43 years$3,357$2,031$1,181$666$367$118
44 years$3,244$1,936$1,109$615$334$104
45 years$3,136$1,846$1,041$568$303$91
46 years$3,033$1,761$978$525$275$80
47 years$2,935$1,681$919$485$250$70
48 years$2,841$1,604$863$448$227$62
49 years$2,751$1,532$811$414$206$54
50 years$2,665$1,464$763$383$187$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,730,000, adding $4,104 every year, while hoping to spend $48,175 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: 38/33/29 Blend
44$2,730,000$2,730,000$2,730,000$2,730,000
45$3,012,693$2,868,003$2,825,688$3,101,040
46$3,268,730$2,957,278$2,869,091$3,255,757
47$3,549,268$3,049,312$2,912,333$3,418,160
48$3,856,756$3,144,190$2,955,358$3,592,770
49$4,193,889$3,242,000$2,998,107$3,780,730
50$4,563,638$3,342,830$3,040,516$3,983,296
51$4,969,273$3,446,772$3,082,517$4,201,848
52$5,414,397$3,553,923$3,124,040$4,437,907
53$5,902,980$3,664,379$3,165,009$4,693,148
54$6,439,391$3,778,241$3,205,345$4,969,410
55$7,028,448$3,895,614$3,244,962$5,268,722
56$7,675,453$4,016,603$3,283,773$5,593,315
57$8,386,252$4,141,319$3,321,681$5,945,646
58$9,167,281$4,269,874$3,358,589$6,328,420
59$10,025,632$4,402,387$3,394,390$6,744,616
60$10,969,119$4,538,976$3,428,974$7,197,516
61$12,006,348$4,679,765$3,462,224$7,690,730
62$13,146,804$4,824,882$3,494,018$8,228,237
63$14,400,935$4,974,458$3,524,224$8,814,420
64$15,780,251$5,128,627$3,552,706$9,454,105
65$17,297,436$5,287,529$3,579,321$10,152,608
66$18,966,463$5,451,307$3,603,917$10,915,784
67$20,802,729$5,620,107$3,626,334$11,750,086
68$22,823,196$5,794,082$3,646,406$12,662,617
69$25,046,557$5,973,387$3,663,956$13,661,208
70$27,493,406$6,158,183$3,678,798$14,754,483
71$30,186,435$6,348,635$3,690,739$15,951,943
72$33,150,646$6,544,913$3,699,574$17,264,057
73$36,413,591$6,747,193$3,705,088$18,702,357
74$40,005,626$6,955,654$3,707,057$20,279,552
75$43,960,200$7,170,481$3,705,244$22,009,642
76$48,314,173$7,391,867$3,699,402$23,908,054
77$53,108,156$7,620,006$3,689,270$25,991,785
78$58,386,903$7,855,101$3,674,575$28,279,565
79$64,199,726$8,097,360$3,655,032$30,792,029
80$70,600,963$8,346,996$3,630,341$33,551,918
81$77,650,493$8,604,230$3,600,189$36,584,288
82$85,414,293$8,869,288$3,564,245$39,916,749
83$93,965,070$9,142,402$3,522,166$43,579,723
84$103,382,939$9,423,811$3,473,591$47,606,735
85$113,756,184$9,713,763$3,418,142$52,034,728
86$125,182,088$10,012,511$3,355,423$56,904,409
87$137,767,852$10,320,315$3,285,020$62,260,636
88$151,631,605$10,637,442$3,206,500$68,152,840
89$166,903,520$10,964,169$3,119,410$74,635,492
90$183,727,045$11,300,778$3,023,275$81,768,619
91$202,260,248$11,647,562$2,917,600$89,618,365
92$222,677,320$12,004,818$2,801,866$98,257,623
93$245,170,208$12,372,856$2,675,530$107,766,719
94$269,950,434$12,751,991$2,538,025$118,234,168
95$297,251,089$13,142,549$2,388,760$129,757,515
96$327,329,031$13,544,865$2,227,114$142,444,253
97$360,467,310$13,959,281$2,052,440$156,412,837
98$396,977,841$14,386,151$1,864,062$171,793,805
99$437,204,347$14,825,839$1,661,274$188,731,008
100$481,525,601$15,278,716$1,443,338$207,382,970