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%15.4%
1 years$227,092$225,070$223,096$221,170$219,289$214,423
2 years$112,422$110,328$108,299$106,332$104,423$99,547
3 years$74,204$72,101$70,077$68,128$66,250$61,515
4 years$55,098$53,002$50,998$49,082$47,250$42,692
5 years$43,638$41,554$39,576$37,700$35,919$31,551
6 years$36,000$33,932$31,984$30,149$28,421$24,249
7 years$30,547$28,496$26,579$24,787$23,114$19,138
8 years$26,458$24,426$22,541$20,793$19,175$15,393
9 years$23,280$21,268$19,414$17,711$16,149$12,558
10 years$20,740$18,746$16,926$15,267$13,759$10,356
11 years$18,662$16,689$14,901$13,287$11,834$8,614
12 years$16,932$14,979$13,224$11,655$10,255$7,213
13 years$15,469$13,537$11,815$10,289$8,942$6,074
14 years$14,216$12,304$10,616$9,134$7,839$5,137
15 years$13,132$11,240$9,585$8,146$6,902$4,361
16 years$12,184$10,313$8,690$7,293$6,100$3,713
17 years$11,348$9,498$7,908$6,553$5,409$3,170
18 years$10,606$8,776$7,219$5,906$4,809$2,713
19 years$9,943$8,134$6,608$5,336$4,286$2,325
20 years$9,346$7,558$6,065$4,833$3,829$1,996
21 years$8,808$7,040$5,578$4,386$3,426$1,716
22 years$8,319$6,572$5,141$3,988$3,071$1,477
23 years$7,873$6,146$4,747$3,632$2,757$1,272
24 years$7,465$5,759$4,390$3,313$2,478$1,097
25 years$7,090$5,404$4,066$3,025$2,230$946
26 years$6,744$5,079$3,771$2,766$2,008$817
27 years$6,425$4,780$3,502$2,532$1,811$705
28 years$6,129$4,504$3,256$2,320$1,634$609
29 years$5,854$4,249$3,030$2,127$1,475$527
30 years$5,598$4,013$2,822$1,952$1,333$456
31 years$5,359$3,794$2,631$1,793$1,205$394
32 years$5,135$3,590$2,455$1,648$1,090$341
33 years$4,925$3,399$2,292$1,515$987$295
34 years$4,728$3,222$2,141$1,394$893$255
35 years$4,542$3,056$2,002$1,284$809$221
36 years$4,368$2,900$1,873$1,182$733$191
37 years$4,203$2,755$1,753$1,089$664$166
38 years$4,047$2,618$1,642$1,004$602$144
39 years$3,899$2,489$1,538$926$546$124
40 years$3,760$2,369$1,442$854$495$108
41 years$3,627$2,255$1,352$788$449$93
42 years$3,501$2,147$1,268$727$408$81
43 years$3,381$2,046$1,190$671$370$70
44 years$3,267$1,950$1,117$620$336$61
45 years$3,159$1,860$1,049$572$305$53
46 years$3,055$1,774$985$529$277$45
47 years$2,956$1,693$925$488$251$39
48 years$2,862$1,616$870$451$228$34
49 years$2,771$1,543$817$417$207$30
50 years$2,685$1,474$768$385$188$26

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 $5,372 every year, while hoping to spend $29,972 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: 25/49/26 Blend
44$2,750,000$2,750,000$2,750,000$2,750,000
45$3,036,041$2,890,291$2,847,666$3,086,942
46$3,313,827$3,000,026$2,911,173$3,239,121
47$3,618,943$3,114,132$2,975,803$3,399,257
48$3,954,145$3,232,794$3,041,562$3,570,329
49$4,322,468$3,356,201$3,108,454$3,753,272
50$4,727,258$3,484,553$3,176,486$3,949,110
51$5,172,199$3,618,057$3,245,659$4,158,967
52$5,661,351$3,756,930$3,315,976$4,384,074
53$6,199,187$3,901,397$3,387,439$4,625,779
54$6,790,633$4,051,695$3,460,048$4,885,560
55$7,441,120$4,208,071$3,533,802$5,165,041
56$8,156,629$4,370,780$3,608,698$5,466,001
57$8,943,749$4,540,093$3,684,734$5,790,393
58$9,809,743$4,716,289$3,761,904$6,140,359
59$10,762,611$4,899,661$3,840,202$6,518,254
60$11,811,168$5,090,516$3,919,620$6,926,660
61$12,965,128$5,289,171$4,000,147$7,368,415
62$14,235,191$5,495,961$4,081,772$7,846,637
63$15,633,151$5,711,233$4,164,482$8,364,748
64$17,172,001$5,935,352$4,248,261$8,926,512
65$18,866,058$6,168,697$4,333,091$9,536,063
66$20,731,098$6,411,666$4,418,951$10,197,947
67$22,784,504$6,664,672$4,505,821$10,917,159
68$25,045,432$6,928,148$4,593,673$11,699,193
69$27,534,986$7,202,548$4,682,481$12,550,089
70$30,276,424$7,488,343$4,772,215$13,476,488
71$33,295,375$7,786,027$4,862,839$14,485,697
72$36,620,078$8,096,117$4,954,319$15,585,750
73$40,281,650$8,419,151$5,046,613$16,785,487
74$44,314,382$8,755,693$5,139,678$18,094,633
75$48,756,059$9,106,332$5,233,467$19,523,889
76$53,648,317$9,471,682$5,327,929$21,085,026
77$59,037,039$9,852,388$5,423,008$22,791,003
78$64,972,783$10,249,121$5,518,645$24,656,076
79$71,511,263$10,662,584$5,614,775$26,695,941
80$78,713,873$11,093,511$5,711,331$28,927,869
81$86,648,265$11,542,671$5,808,237$31,370,874
82$95,388,991$12,010,864$5,905,416$34,045,886
83$105,018,202$12,498,931$6,002,782$36,975,947
84$115,626,429$13,007,749$6,100,246$40,186,425
85$127,313,431$13,538,235$6,197,710$43,705,248
86$140,189,139$14,091,347$6,295,072$47,563,169
87$154,374,697$14,668,088$6,392,222$51,794,048
88$170,003,599$15,269,507$6,489,044$56,435,172
89$187,222,953$15,896,700$6,585,414$61,527,598
90$206,194,869$16,550,814$6,681,201$67,116,543
91$227,097,989$17,233,047$6,776,265$73,251,801
92$250,129,172$17,944,654$6,870,457$79,988,211
93$275,505,351$18,686,946$6,963,621$87,386,172
94$303,465,586$19,461,295$7,055,591$95,512,204
95$334,273,313$20,269,135$7,146,191$104,439,575
96$368,218,836$21,111,969$7,235,234$114,248,986
97$405,622,067$21,991,365$7,322,524$125,029,326
98$446,835,542$22,908,966$7,407,852$136,878,507
99$492,247,752$23,866,490$7,491,000$149,904,384
100$542,286,810$24,865,735$7,571,736$164,225,764