Can I retire at age 45 with 2,760,000?

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 $2,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$227,918$225,888$223,907$221,974$220,086$217,156
2 years$112,831$110,729$108,693$106,718$104,803$101,856
3 years$74,473$72,363$70,331$68,375$66,491$63,618
4 years$55,298$53,194$51,183$49,261$47,422$44,646
5 years$43,796$41,705$39,720$37,837$36,050$33,378
6 years$36,131$34,055$32,100$30,258$28,525$25,961
7 years$30,658$28,600$26,675$24,877$23,198$20,743
8 years$26,555$24,515$22,623$20,869$19,245$16,898
9 years$23,365$21,345$19,485$17,776$16,207$13,968
10 years$20,815$18,814$16,987$15,323$13,809$11,675
11 years$18,730$16,749$14,955$13,335$11,877$9,846
12 years$16,993$15,033$13,273$11,697$10,292$8,363
13 years$15,525$13,586$11,858$10,327$8,975$7,145
14 years$14,268$12,349$10,655$9,167$7,867$6,133
15 years$13,179$11,281$9,620$8,175$6,927$5,286
16 years$12,228$10,350$8,722$7,320$6,122$4,572
17 years$11,389$9,532$7,936$6,577$5,428$3,965
18 years$10,644$8,808$7,245$5,927$4,827$3,447
19 years$9,979$8,163$6,632$5,356$4,302$3,003
20 years$9,380$7,586$6,087$4,851$3,843$2,621
21 years$8,840$7,066$5,599$4,402$3,439$2,291
22 years$8,349$6,596$5,160$4,003$3,082$2,005
23 years$7,901$6,169$4,764$3,645$2,767$1,757
24 years$7,492$5,780$4,406$3,325$2,487$1,541
25 years$7,116$5,424$4,081$3,036$2,238$1,353
26 years$6,769$5,098$3,785$2,776$2,016$1,188
27 years$6,449$4,798$3,515$2,541$1,817$1,045
28 years$6,151$4,521$3,267$2,328$1,640$919
29 years$5,875$4,265$3,041$2,135$1,481$809
30 years$5,618$4,028$2,832$1,959$1,338$712
31 years$5,378$3,807$2,640$1,800$1,210$627
32 years$5,153$3,603$2,464$1,654$1,094$553
33 years$4,943$3,412$2,300$1,521$990$487
34 years$4,745$3,234$2,149$1,399$897$430
35 years$4,559$3,067$2,009$1,288$812$379
36 years$4,384$2,911$1,880$1,186$736$334
37 years$4,218$2,765$1,759$1,093$667$295
38 years$4,062$2,628$1,648$1,008$605$260
39 years$3,914$2,499$1,544$929$548$230
40 years$3,773$2,377$1,447$857$497$203
41 years$3,640$2,263$1,357$791$451$179
42 years$3,514$2,155$1,273$730$409$158
43 years$3,394$2,053$1,194$673$372$139
44 years$3,279$1,957$1,121$622$337$123
45 years$3,170$1,866$1,052$574$306$109
46 years$3,066$1,780$989$530$278$96
47 years$2,967$1,699$929$490$252$85
48 years$2,872$1,622$873$453$229$75
49 years$2,782$1,549$820$419$208$66
50 years$2,695$1,480$771$387$189$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,760,000, adding $4,890 every year, while hoping to spend $22,771 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: 76/13/11 Blend
44$2,760,000$2,760,000$2,760,000$2,760,000
45$3,046,564$2,900,284$2,857,504$3,271,484
46$3,333,085$3,018,170$2,929,002$3,538,219
47$3,648,069$3,141,069$3,002,132$3,827,164
48$3,994,393$3,269,203$3,076,925$4,143,263
49$4,375,231$3,402,803$3,153,412$4,489,208
50$4,794,076$3,542,112$3,231,623$4,867,961
51$5,254,780$3,687,383$3,311,590$5,282,787
52$5,761,584$3,838,882$3,393,345$5,737,278
53$6,319,163$3,996,884$3,476,919$6,235,390
54$6,932,666$4,161,681$3,562,345$6,781,479
55$7,607,769$4,333,574$3,649,655$7,380,344
56$8,350,724$4,512,881$3,738,880$8,037,268
57$9,168,419$4,699,934$3,830,054$8,758,068
58$10,068,445$4,895,078$3,923,209$9,549,155
59$11,059,167$5,098,678$4,018,377$10,417,585
60$12,149,801$5,311,111$4,115,591$11,371,134
61$13,350,501$5,532,776$4,214,883$12,418,364
62$14,672,457$5,764,087$4,316,287$13,568,707
63$16,127,999$6,005,479$4,419,834$14,832,553
64$17,730,713$6,257,406$4,525,557$16,221,346
65$19,495,571$6,520,343$4,633,488$17,747,693
66$21,439,068$6,794,789$4,743,659$19,425,482
67$23,579,383$7,081,264$4,856,101$21,270,012
68$25,936,546$7,380,311$4,970,846$23,298,138
69$28,532,630$7,692,503$5,087,926$25,528,426
70$31,391,957$8,018,434$5,207,370$27,981,332
71$34,541,328$8,358,729$5,329,209$30,679,391
72$38,010,279$8,714,042$5,453,472$33,647,433
73$41,831,352$9,085,056$5,580,189$36,912,809
74$46,040,413$9,472,486$5,709,388$40,505,658
75$50,676,978$9,877,081$5,841,096$44,459,181
76$55,784,598$10,299,626$5,975,340$48,809,963
77$61,411,259$10,740,940$6,112,147$53,598,309
78$67,609,844$11,201,882$6,251,540$58,868,628
79$74,438,626$11,683,352$6,393,544$64,669,851
80$81,961,819$12,186,290$6,538,181$71,055,891
81$90,250,188$12,711,681$6,685,473$78,086,150
82$99,381,710$13,260,557$6,835,440$85,826,079
83$109,442,317$13,833,996$6,988,099$94,347,798
84$120,526,701$14,433,130$7,143,469$103,730,769
85$132,739,212$15,059,141$7,301,563$114,062,551
86$146,194,842$15,713,269$7,462,395$125,439,621
87$161,020,307$16,396,810$7,625,976$137,968,287
88$177,355,247$17,111,123$7,792,315$151,765,685
89$195,353,544$17,857,629$7,961,419$166,960,890
90$215,184,771$18,637,818$8,133,292$183,696,127
91$237,035,795$19,453,250$8,307,936$202,128,113
92$261,112,543$20,305,556$8,485,348$222,429,539
93$287,641,941$21,196,446$8,665,526$244,790,693
94$316,874,059$22,127,712$8,848,461$269,421,257
95$349,084,470$23,101,227$9,034,142$296,552,285
96$384,576,856$24,118,957$9,222,555$326,438,380
97$423,685,866$25,182,957$9,413,682$359,360,100
98$466,780,284$26,295,382$9,607,500$395,626,597
99$514,266,504$27,458,486$9,803,982$435,578,541
100$566,592,370$28,674,634$10,003,097$479,591,329