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

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$227,092$225,070$223,096$221,170$219,289$217,633
2 years$112,422$110,328$108,299$106,332$104,423$102,754
3 years$74,204$72,101$70,077$68,128$66,250$64,619
4 years$55,098$53,002$50,998$49,082$47,250$45,670
5 years$43,638$41,554$39,576$37,700$35,919$34,394
6 years$36,000$33,932$31,984$30,149$28,421$26,954
7 years$30,547$28,496$26,579$24,787$23,114$21,705
8 years$26,458$24,426$22,541$20,793$19,175$17,824
9 years$23,280$21,268$19,414$17,711$16,149$14,854
10 years$20,740$18,746$16,926$15,267$13,759$12,522
11 years$18,662$16,689$14,901$13,287$11,834$10,652
12 years$16,932$14,979$13,224$11,655$10,255$9,128
13 years$15,469$13,537$11,815$10,289$8,942$7,870
14 years$14,216$12,304$10,616$9,134$7,839$6,818
15 years$13,132$11,240$9,585$8,146$6,902$5,933
16 years$12,184$10,313$8,690$7,293$6,100$5,180
17 years$11,348$9,498$7,908$6,553$5,409$4,537
18 years$10,606$8,776$7,219$5,906$4,809$3,984
19 years$9,943$8,134$6,608$5,336$4,286$3,506
20 years$9,346$7,558$6,065$4,833$3,829$3,091
21 years$8,808$7,040$5,578$4,386$3,426$2,730
22 years$8,319$6,572$5,141$3,988$3,071$2,415
23 years$7,873$6,146$4,747$3,632$2,757$2,139
24 years$7,465$5,759$4,390$3,313$2,478$1,896
25 years$7,090$5,404$4,066$3,025$2,230$1,683
26 years$6,744$5,079$3,771$2,766$2,008$1,495
27 years$6,425$4,780$3,502$2,532$1,811$1,329
28 years$6,129$4,504$3,256$2,320$1,634$1,182
29 years$5,854$4,249$3,030$2,127$1,475$1,053
30 years$5,598$4,013$2,822$1,952$1,333$937
31 years$5,359$3,794$2,631$1,793$1,205$835
32 years$5,135$3,590$2,455$1,648$1,090$745
33 years$4,925$3,399$2,292$1,515$987$664
34 years$4,728$3,222$2,141$1,394$893$592
35 years$4,542$3,056$2,002$1,284$809$528
36 years$4,368$2,900$1,873$1,182$733$472
37 years$4,203$2,755$1,753$1,089$664$421
38 years$4,047$2,618$1,642$1,004$602$376
39 years$3,899$2,489$1,538$926$546$336
40 years$3,760$2,369$1,442$854$495$300
41 years$3,627$2,255$1,352$788$449$268
42 years$3,501$2,147$1,268$727$408$239
43 years$3,381$2,046$1,190$671$370$214
44 years$3,267$1,950$1,117$620$336$191
45 years$3,159$1,860$1,049$572$305$171
46 years$3,055$1,774$985$529$277$153
47 years$2,956$1,693$925$488$251$137
48 years$2,862$1,616$870$451$228$122
49 years$2,771$1,543$817$417$207$109
50 years$2,685$1,474$768$385$188$98

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 $3,958 every year, while hoping to spend $54,113 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: 70/15/15 Blend
44$2,750,000$2,750,000$2,750,000$2,750,000
45$3,034,583$2,888,833$2,846,208$3,236,326
46$3,286,534$2,972,810$2,883,980$3,454,917
47$3,562,371$3,059,088$2,921,204$3,687,196
48$3,864,473$3,147,723$2,957,804$3,940,014
49$4,195,459$3,238,771$2,993,700$4,215,390
50$4,558,216$3,332,291$3,028,809$4,515,545
51$4,955,920$3,428,340$3,063,040$4,842,926
52$5,392,073$3,526,977$3,096,301$5,200,229
53$5,870,528$3,628,263$3,128,491$5,590,420
54$6,395,533$3,732,258$3,159,506$6,016,769
55$6,971,763$3,839,025$3,189,236$6,482,876
56$7,604,372$3,948,626$3,217,564$6,992,709
57$8,299,033$4,061,124$3,244,368$7,550,635
58$9,061,999$4,176,584$3,269,518$8,161,467
59$9,900,156$4,295,069$3,292,881$8,830,507
60$10,821,091$4,416,647$3,314,311$9,563,596
61$11,833,161$4,541,382$3,333,659$10,367,168
62$12,945,575$4,669,341$3,350,768$11,248,313
63$14,168,476$4,800,591$3,365,471$12,214,839
64$15,513,040$4,935,199$3,377,594$13,275,354
65$16,991,580$5,073,234$3,386,954$14,439,336
66$18,617,662$5,214,763$3,393,357$15,717,231
67$20,406,232$5,359,855$3,396,603$17,120,550
68$22,373,757$5,508,577$3,396,479$18,661,973
69$24,538,381$5,660,999$3,392,762$20,355,472
70$26,920,097$5,817,188$3,385,220$22,216,444
71$29,540,929$5,977,213$3,373,607$24,261,854
72$32,425,148$6,141,141$3,357,668$26,510,393
73$35,599,496$6,309,039$3,337,132$28,982,661
74$39,093,436$6,480,974$3,311,718$31,701,352
75$42,939,437$6,657,012$3,281,131$34,691,477
76$47,173,272$6,837,218$3,245,061$37,980,594
77$51,834,359$7,021,655$3,203,184$41,599,071
78$56,966,134$7,210,386$3,155,160$45,580,371
79$62,616,456$7,403,472$3,100,635$49,961,369
80$68,838,065$7,600,972$3,039,237$54,782,699
81$75,689,071$7,802,943$2,970,575$60,089,138
82$83,233,511$8,009,442$2,894,243$65,930,027
83$91,541,944$8,220,519$2,809,815$72,359,741
84$100,692,123$8,436,226$2,716,845$79,438,197
85$110,769,727$8,656,608$2,614,867$87,231,423
86$121,869,168$8,881,711$2,503,394$95,812,179
87$134,094,481$9,111,572$2,381,915$105,260,647
88$147,560,307$9,346,228$2,249,898$115,665,185
89$162,392,976$9,585,711$2,106,787$127,123,161
90$178,731,694$9,830,046$1,952,000$139,741,875
91$196,729,863$10,079,254$1,784,928$153,639,570
92$216,556,523$10,333,351$1,604,936$168,946,548
93$238,397,948$10,592,345$1,411,362$185,806,400
94$262,459,408$10,856,239$1,203,512$204,377,364
95$288,967,100$11,125,027$980,662$224,833,818
96$318,170,287$11,398,696$742,056$247,367,923
97$350,343,648$11,677,224$486,907$272,191,441
98$385,789,871$11,960,580$214,390$299,537,736
99$424,842,511$12,248,721$0$329,663,971
100$467,869,136$12,541,597$0$362,865,776