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%14%
1 years$227,918$225,888$223,907$221,974$220,086$216,440
2 years$112,831$110,729$108,693$106,718$104,803$101,140
3 years$74,473$72,363$70,331$68,375$66,491$62,926
4 years$55,298$53,194$51,183$49,261$47,422$43,982
5 years$43,796$41,705$39,720$37,837$36,050$32,744
6 years$36,131$34,055$32,100$30,258$28,525$25,358
7 years$30,658$28,600$26,675$24,877$23,198$20,171
8 years$26,555$24,515$22,623$20,869$19,245$16,356
9 years$23,365$21,345$19,485$17,776$16,207$13,456
10 years$20,815$18,814$16,987$15,323$13,809$11,193
11 years$18,730$16,749$14,955$13,335$11,877$9,392
12 years$16,993$15,033$13,273$11,697$10,292$7,937
13 years$15,525$13,586$11,858$10,327$8,975$6,745
14 years$14,268$12,349$10,655$9,167$7,867$5,759
15 years$13,179$11,281$9,620$8,175$6,927$4,937
16 years$12,228$10,350$8,722$7,320$6,122$4,246
17 years$11,389$9,532$7,936$6,577$5,428$3,661
18 years$10,644$8,808$7,245$5,927$4,827$3,165
19 years$9,979$8,163$6,632$5,356$4,302$2,741
20 years$9,380$7,586$6,087$4,851$3,843$2,378
21 years$8,840$7,066$5,599$4,402$3,439$2,066
22 years$8,349$6,596$5,160$4,003$3,082$1,797
23 years$7,901$6,169$4,764$3,645$2,767$1,565
24 years$7,492$5,780$4,406$3,325$2,487$1,364
25 years$7,116$5,424$4,081$3,036$2,238$1,190
26 years$6,769$5,098$3,785$2,776$2,016$1,039
27 years$6,449$4,798$3,515$2,541$1,817$908
28 years$6,151$4,521$3,267$2,328$1,640$793
29 years$5,875$4,265$3,041$2,135$1,481$694
30 years$5,618$4,028$2,832$1,959$1,338$607
31 years$5,378$3,807$2,640$1,800$1,210$531
32 years$5,153$3,603$2,464$1,654$1,094$465
33 years$4,943$3,412$2,300$1,521$990$407
34 years$4,745$3,234$2,149$1,399$897$356
35 years$4,559$3,067$2,009$1,288$812$312
36 years$4,384$2,911$1,880$1,186$736$273
37 years$4,218$2,765$1,759$1,093$667$240
38 years$4,062$2,628$1,648$1,008$605$210
39 years$3,914$2,499$1,544$929$548$184
40 years$3,773$2,377$1,447$857$497$161
41 years$3,640$2,263$1,357$791$451$141
42 years$3,514$2,155$1,273$730$409$124
43 years$3,394$2,053$1,194$673$372$109
44 years$3,279$1,957$1,121$622$337$95
45 years$3,170$1,866$1,052$574$306$84
46 years$3,066$1,780$989$530$278$73
47 years$2,967$1,699$929$490$252$64
48 years$2,872$1,622$873$453$229$56
49 years$2,782$1,549$820$419$208$49
50 years$2,695$1,480$771$387$189$43

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 $6,351 every year, while hoping to spend $46,776 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: 81/10/9 Blend
44$2,760,000$2,760,000$2,760,000$2,760,000
45$3,048,071$2,901,791$2,859,011$3,290,505
46$3,309,205$2,994,210$2,905,019$3,542,671
47$3,595,407$3,089,589$2,951,000$3,812,565
48$3,909,184$3,188,024$2,996,904$4,107,391
49$4,253,299$3,289,615$3,042,678$4,429,620
50$4,630,792$3,394,464$3,088,265$4,781,973
51$5,045,016$3,502,675$3,133,604$5,167,446
52$5,499,659$3,614,358$3,178,632$5,589,340
53$5,998,788$3,729,625$3,223,279$6,051,287
54$6,546,879$3,848,592$3,267,475$6,557,292
55$7,148,867$3,971,379$3,311,141$7,111,762
56$7,810,185$4,098,110$3,354,198$7,719,555
57$8,536,820$4,228,913$3,396,560$8,386,018
58$9,335,367$4,363,921$3,438,135$9,117,046
59$10,213,091$4,503,269$3,478,829$9,919,129
60$11,177,996$4,647,100$3,518,540$10,799,416
61$12,238,901$4,795,557$3,557,161$11,765,786
62$13,405,523$4,948,793$3,594,579$12,826,917
63$14,688,564$5,106,963$3,630,676$13,992,368
64$16,099,820$5,270,226$3,665,326$15,272,673
65$17,652,285$5,438,750$3,698,397$16,679,436
66$19,360,274$5,612,705$3,729,750$18,225,442
67$21,239,563$5,792,269$3,759,238$19,924,776
68$23,307,533$5,977,624$3,786,707$21,792,958
69$25,583,334$6,168,961$3,811,994$23,847,088
70$28,088,068$6,366,473$3,834,929$26,106,005
71$30,844,984$6,570,363$3,855,332$28,590,468
72$33,879,701$6,780,840$3,873,015$31,323,349
73$37,220,448$6,998,119$3,887,779$34,329,851
74$40,898,330$7,222,423$3,899,415$37,637,741
75$44,947,619$7,453,981$3,907,705$41,277,618
76$49,406,083$7,693,032$3,912,420$45,283,195
77$54,315,334$7,939,822$3,913,317$49,691,623
78$59,721,229$8,194,604$3,910,143$54,543,835
79$65,674,295$8,457,640$3,902,634$59,884,938
80$72,230,212$8,729,203$3,890,511$65,764,635
81$79,450,331$9,009,573$3,873,481$72,237,692
82$87,402,262$9,299,038$3,851,239$79,364,460
83$96,160,501$9,597,899$3,823,464$87,211,440
84$105,807,141$9,906,465$3,789,820$95,851,911
85$116,432,644$10,225,057$3,749,953$105,366,621
86$128,136,694$10,554,005$3,703,497$115,844,551
87$141,029,136$10,893,650$3,650,063$127,383,752
88$155,231,016$11,244,347$3,589,248$140,092,271
89$170,875,720$11,606,461$3,520,629$154,089,172
90$188,110,235$11,980,369$3,443,761$169,505,657
91$207,096,534$12,366,462$3,358,182$186,486,304
92$228,013,106$12,765,144$3,263,407$205,190,433
93$251,056,639$13,176,832$3,158,927$225,793,611
94$276,443,877$13,601,958$3,044,213$248,489,303
95$304,413,667$14,040,969$2,918,708$273,490,704
96$335,229,209$14,494,325$2,781,833$301,032,748
97$369,180,546$14,962,504$2,632,982$331,374,326
98$406,587,294$15,445,999$2,471,519$364,800,728
99$447,801,667$15,945,321$2,296,784$401,626,339
100$493,211,792$16,460,998$2,108,082$442,197,602