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

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$225,441$223,433$221,474$219,561$217,694$211,574
2 years$111,604$109,526$107,511$105,558$103,664$97,544
3 years$73,664$71,576$69,567$67,632$65,769$59,842
4 years$54,697$52,616$50,627$48,725$46,907$41,218
5 years$43,320$41,252$39,289$37,426$35,658$30,222
6 years$35,738$33,685$31,751$29,930$28,215$23,038
7 years$30,324$28,289$26,385$24,607$22,946$18,028
8 years$26,266$24,249$22,377$20,642$19,036$14,374
9 years$23,111$21,113$19,273$17,582$16,031$11,621
10 years$20,589$18,610$16,803$15,156$13,659$9,495
11 years$18,526$16,567$14,793$13,190$11,747$7,822
12 years$16,809$14,870$13,128$11,570$10,180$6,486
13 years$15,357$13,438$11,729$10,214$8,877$5,406
14 years$14,113$12,215$10,539$9,067$7,782$4,526
15 years$13,036$11,158$9,515$8,086$6,852$3,802
16 years$12,095$10,238$8,627$7,240$6,056$3,203
17 years$11,265$9,429$7,850$6,505$5,369$2,705
18 years$10,529$8,712$7,166$5,863$4,774$2,289
19 years$9,870$8,075$6,560$5,297$4,255$1,940
20 years$9,278$7,503$6,021$4,798$3,801$1,647
21 years$8,744$6,989$5,538$4,354$3,401$1,399
22 years$8,258$6,524$5,104$3,959$3,049$1,190
23 years$7,816$6,102$4,713$3,606$2,737$1,013
24 years$7,410$5,717$4,358$3,289$2,460$863
25 years$7,038$5,365$4,037$3,003$2,214$736
26 years$6,695$5,042$3,744$2,746$1,994$628
27 years$6,378$4,745$3,477$2,514$1,798$536
28 years$6,085$4,472$3,232$2,303$1,622$457
29 years$5,811$4,218$3,008$2,112$1,465$390
30 years$5,557$3,984$2,801$1,938$1,323$333
31 years$5,320$3,766$2,612$1,780$1,196$285
32 years$5,097$3,563$2,437$1,636$1,082$243
33 years$4,889$3,375$2,275$1,504$979$208
34 years$4,693$3,198$2,126$1,384$887$178
35 years$4,509$3,034$1,987$1,274$803$152
36 years$4,336$2,879$1,859$1,173$728$130
37 years$4,172$2,735$1,740$1,081$660$111
38 years$4,017$2,599$1,630$997$598$95
39 years$3,871$2,471$1,527$919$542$81
40 years$3,732$2,351$1,431$848$492$69
41 years$3,601$2,238$1,342$782$446$59
42 years$3,476$2,132$1,259$722$405$51
43 years$3,357$2,031$1,181$666$367$43
44 years$3,244$1,936$1,109$615$334$37
45 years$3,136$1,846$1,041$568$303$32
46 years$3,033$1,761$978$525$275$27
47 years$2,935$1,681$919$485$250$23
48 years$2,841$1,604$863$448$227$20
49 years$2,751$1,532$811$414$206$17
50 years$2,665$1,464$763$383$187$15

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 $3,755 every year, while hoping to spend $29,096 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: 38/48/14 Blend
44$2,730,000$2,730,000$2,730,000$2,730,000
45$3,012,333$2,867,643$2,825,328$3,113,898
46$3,288,633$2,977,200$2,889,019$3,296,313
47$3,592,141$3,091,150$2,953,868$3,490,234
48$3,925,600$3,209,677$3,019,883$3,699,174
49$4,292,035$3,332,975$3,087,073$3,924,496
50$4,694,776$3,461,243$3,155,443$4,167,698
51$5,137,492$3,594,694$3,225,000$4,430,422
52$5,624,227$3,733,544$3,295,748$4,714,474
53$6,159,434$3,878,024$3,367,691$5,021,834
54$6,748,020$4,028,371$3,440,833$5,354,677
55$7,395,392$4,184,835$3,515,175$5,715,394
56$8,107,508$4,347,678$3,590,719$6,106,611
57$8,890,929$4,517,169$3,667,463$6,531,212
58$9,752,888$4,693,595$3,745,407$6,992,369
59$10,701,351$4,877,250$3,824,547$7,493,567
60$11,745,099$5,068,444$3,904,879$8,038,638
61$12,893,803$5,267,502$3,986,397$8,631,795
62$14,158,122$5,474,761$4,069,093$9,277,669
63$15,549,800$5,690,574$4,152,957$9,981,356
64$17,081,777$5,915,310$4,237,978$10,748,458
65$18,768,311$6,149,353$4,324,144$11,585,138
66$20,625,115$6,393,107$4,411,438$12,498,176
67$22,669,498$6,646,991$4,499,843$13,495,031
68$24,920,539$6,911,445$4,589,339$14,583,909
69$27,399,256$7,186,928$4,679,904$15,773,841
70$30,128,812$7,473,920$4,771,513$17,074,764
71$33,134,730$7,772,921$4,864,138$18,497,615
72$36,445,135$8,084,456$4,957,749$20,054,430
73$40,091,016$8,409,073$5,052,311$21,758,459
74$44,106,525$8,747,342$5,147,789$23,624,284
75$48,529,291$9,099,863$5,244,140$25,667,960
76$53,400,783$9,467,260$5,341,323$27,907,159
77$58,766,693$9,850,186$5,439,288$30,361,340
78$64,677,377$10,249,326$5,537,985$33,051,923
79$71,188,319$10,665,393$5,637,357$36,002,498
80$78,360,664$11,099,133$5,737,345$39,239,035
81$86,261,788$11,551,328$5,837,883$42,790,133
82$94,965,940$12,022,792$5,938,901$46,687,285
83$104,554,937$12,514,380$6,040,326$50,965,172
84$115,118,939$13,026,984$6,142,076$55,661,988
85$126,757,301$13,561,536$6,244,065$60,819,795
86$139,579,507$14,119,012$6,346,202$66,484,920
87$153,706,207$14,700,433$6,448,390$72,708,385
88$169,270,351$15,306,866$6,550,522$79,546,388
89$186,418,451$15,939,427$6,652,489$87,060,827
90$205,311,957$16,599,282$6,754,171$95,319,882
91$226,128,783$17,287,654$6,855,442$104,398,653
92$249,064,988$18,005,818$6,956,169$114,379,867
93$274,336,625$18,755,111$7,056,209$125,354,648
94$302,181,779$19,536,930$7,155,410$137,423,380
95$332,862,818$20,352,737$7,253,614$150,696,646
96$366,668,866$21,204,062$7,350,650$165,296,264
97$403,918,533$22,092,503$7,446,339$181,356,436
98$444,962,923$23,019,736$7,540,492$199,025,005
99$490,188,949$23,987,511$7,632,906$218,464,849
100$540,022,983$24,997,660$7,723,370$239,855,407