Can I retire at age 45 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$227,092$225,070$223,096$221,170$219,289$212,781
2 years$112,422$110,328$108,299$106,332$104,423$97,920
3 years$74,204$72,101$70,077$68,128$66,250$59,956
4 years$55,098$53,002$50,998$49,082$47,250$41,213
5 years$43,638$41,554$39,576$37,700$35,919$30,156
6 years$36,000$33,932$31,984$30,149$28,421$22,937
7 years$30,547$28,496$26,579$24,787$23,114$17,908
8 years$26,458$24,426$22,541$20,793$19,175$14,245
9 years$23,280$21,268$19,414$17,711$16,149$11,488
10 years$20,740$18,746$16,926$15,267$13,759$9,363
11 years$18,662$16,689$14,901$13,287$11,834$7,694
12 years$16,932$14,979$13,224$11,655$10,255$6,363
13 years$15,469$13,537$11,815$10,289$8,942$5,289
14 years$14,216$12,304$10,616$9,134$7,839$4,416
15 years$13,132$11,240$9,585$8,146$6,902$3,699
16 years$12,184$10,313$8,690$7,293$6,100$3,107
17 years$11,348$9,498$7,908$6,553$5,409$2,617
18 years$10,606$8,776$7,219$5,906$4,809$2,208
19 years$9,943$8,134$6,608$5,336$4,286$1,865
20 years$9,346$7,558$6,065$4,833$3,829$1,579
21 years$8,808$7,040$5,578$4,386$3,426$1,337
22 years$8,319$6,572$5,141$3,988$3,071$1,134
23 years$7,873$6,146$4,747$3,632$2,757$962
24 years$7,465$5,759$4,390$3,313$2,478$817
25 years$7,090$5,404$4,066$3,025$2,230$694
26 years$6,744$5,079$3,771$2,766$2,008$590
27 years$6,425$4,780$3,502$2,532$1,811$502
28 years$6,129$4,504$3,256$2,320$1,634$427
29 years$5,854$4,249$3,030$2,127$1,475$364
30 years$5,598$4,013$2,822$1,952$1,333$310
31 years$5,359$3,794$2,631$1,793$1,205$264
32 years$5,135$3,590$2,455$1,648$1,090$224
33 years$4,925$3,399$2,292$1,515$987$191
34 years$4,728$3,222$2,141$1,394$893$163
35 years$4,542$3,056$2,002$1,284$809$139
36 years$4,368$2,900$1,873$1,182$733$118
37 years$4,203$2,755$1,753$1,089$664$101
38 years$4,047$2,618$1,642$1,004$602$86
39 years$3,899$2,489$1,538$926$546$73
40 years$3,760$2,369$1,442$854$495$62
41 years$3,627$2,255$1,352$788$449$53
42 years$3,501$2,147$1,268$727$408$45
43 years$3,381$2,046$1,190$671$370$39
44 years$3,267$1,950$1,117$620$336$33
45 years$3,159$1,860$1,049$572$305$28
46 years$3,055$1,774$985$529$277$24
47 years$2,956$1,693$925$488$251$20
48 years$2,862$1,616$870$451$228$17
49 years$2,771$1,543$817$417$207$15
50 years$2,685$1,474$768$385$188$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,750,000, adding $4,021 every year, while hoping to spend $27,664 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: 82/13/5 Blend
44$2,750,000$2,750,000$2,750,000$2,750,000
45$3,034,648$2,888,898$2,846,273$3,282,889
46$3,314,747$3,001,019$2,912,189$3,557,773
47$3,622,490$3,117,708$2,979,385$3,855,332
48$3,960,666$3,239,158$3,047,877$4,181,111
49$4,332,350$3,365,572$3,117,676$4,537,916
50$4,740,928$3,497,163$3,188,797$4,928,836
51$5,190,131$3,634,153$3,261,250$5,357,276
52$5,684,070$3,776,772$3,335,047$5,826,980
53$6,227,274$3,925,262$3,410,200$6,342,077
54$6,824,733$4,079,877$3,486,719$6,907,109
55$7,481,944$4,240,880$3,564,613$7,527,082
56$8,204,965$4,408,546$3,643,890$8,207,506
57$9,000,470$4,583,163$3,724,559$8,954,453
58$9,875,813$4,765,033$3,806,626$9,774,610
59$10,839,095$4,954,468$3,890,097$10,675,340
60$11,899,244$5,151,799$3,974,977$11,664,757
61$13,066,097$5,357,368$4,061,269$12,751,796
62$14,350,493$5,571,533$4,148,976$13,946,301
63$15,764,375$5,794,669$4,238,098$15,259,114
64$17,320,901$6,027,168$4,328,634$16,702,182
65$19,034,573$6,269,439$4,420,583$18,288,663
66$20,921,368$6,521,909$4,513,941$20,033,053
67$22,998,891$6,785,027$4,608,702$21,951,323
68$25,286,544$7,059,260$4,704,860$24,061,067
69$27,805,703$7,345,095$4,802,404$26,381,668
70$30,579,925$7,643,044$4,901,324$28,934,482
71$33,635,165$7,953,641$5,001,606$31,743,036
72$37,000,026$8,277,444$5,103,235$34,833,253
73$40,706,027$8,615,037$5,206,191$38,233,691
74$44,787,897$8,967,029$5,310,454$41,975,818
75$49,283,909$9,334,060$5,416,001$46,094,303
76$54,236,235$9,716,796$5,522,804$50,627,344
77$59,691,347$10,115,935$5,630,834$55,617,030
78$65,700,455$10,532,207$5,740,058$61,109,734
79$72,319,991$10,966,375$5,850,440$67,156,553
80$79,612,140$11,419,237$5,961,939$73,813,785
81$87,645,427$11,891,628$6,074,512$81,143,465
82$96,495,363$12,384,420$6,188,111$89,213,946
83$106,245,161$12,898,528$6,302,684$98,100,543
84$116,986,518$13,434,906$6,418,174$107,886,244
85$128,820,480$13,994,554$6,534,520$118,662,493
86$141,858,398$14,578,516$6,651,656$130,530,050
87$156,222,978$15,187,887$6,769,510$143,599,943
88$172,049,438$15,823,810$6,888,005$157,994,513
89$189,486,787$16,487,483$7,007,059$173,848,569
90$208,699,227$17,180,157$7,126,583$191,310,657
91$229,867,706$17,903,143$7,246,482$210,544,464
92$253,191,627$18,657,812$7,366,654$231,730,359
93$278,890,726$19,445,598$7,486,990$255,067,096
94$307,207,151$20,268,002$7,607,374$280,773,687
95$338,407,742$21,126,596$7,727,683$309,091,469
96$372,786,555$22,023,023$7,847,784$340,286,380
97$410,667,636$22,959,003$7,967,537$374,651,469
98$452,408,078$23,936,338$8,086,793$412,509,657
99$498,401,394$24,956,910$8,205,393$454,216,788
100$549,081,231$26,022,693$8,323,168$500,164,982