Can I retire at age 45 with 2,770,000?

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$228,744$226,706$224,719$222,778$220,884$217,493
2 years$113,240$111,131$109,087$107,105$105,183$101,775
3 years$74,743$72,625$70,586$68,623$66,732$63,413
4 years$55,499$53,387$51,369$49,439$47,594$44,390
5 years$43,955$41,856$39,864$37,974$36,180$33,099
6 years$36,262$34,179$32,216$30,368$28,628$25,675
7 years$30,769$28,703$26,772$24,967$23,282$20,457
8 years$26,651$24,604$22,705$20,944$19,315$16,618
9 years$23,450$21,422$19,556$17,840$16,266$13,695
10 years$20,890$18,883$17,049$15,378$13,859$11,413
11 years$18,798$16,810$15,010$13,384$11,920$9,595
12 years$17,055$15,088$13,321$11,739$10,329$8,124
13 years$15,582$13,635$11,901$10,364$9,007$6,917
14 years$14,320$12,394$10,693$9,200$7,896$5,918
15 years$13,227$11,322$9,655$8,205$6,952$5,084
16 years$12,272$10,388$8,753$7,347$6,144$4,381
17 years$11,430$9,567$7,965$6,601$5,448$3,786
18 years$10,683$8,840$7,271$5,949$4,844$3,280
19 years$10,015$8,193$6,656$5,375$4,318$2,847
20 years$9,414$7,613$6,109$4,868$3,857$2,475
21 years$8,872$7,091$5,619$4,418$3,451$2,155
22 years$8,379$6,620$5,179$4,017$3,093$1,879
23 years$7,930$6,191$4,782$3,659$2,777$1,640
24 years$7,519$5,801$4,422$3,337$2,496$1,433
25 years$7,141$5,444$4,096$3,047$2,246$1,253
26 years$6,794$5,116$3,799$2,786$2,023$1,097
27 years$6,472$4,815$3,527$2,550$1,824$960
28 years$6,174$4,537$3,279$2,337$1,646$841
29 years$5,897$4,280$3,052$2,143$1,486$737
30 years$5,639$4,042$2,842$1,967$1,343$647
31 years$5,398$3,821$2,650$1,806$1,214$567
32 years$5,172$3,616$2,472$1,660$1,098$498
33 years$4,961$3,424$2,309$1,526$994$437
34 years$4,762$3,245$2,157$1,404$900$384
35 years$4,575$3,078$2,017$1,293$815$337
36 years$4,399$2,922$1,886$1,191$738$296
37 years$4,233$2,775$1,766$1,097$669$260
38 years$4,076$2,637$1,654$1,011$607$228
39 years$3,928$2,508$1,549$932$550$201
40 years$3,787$2,386$1,452$860$499$176
41 years$3,653$2,271$1,362$793$453$155
42 years$3,527$2,163$1,277$732$411$136
43 years$3,406$2,061$1,198$676$373$120
44 years$3,291$1,964$1,125$624$338$105
45 years$3,182$1,873$1,056$576$307$93
46 years$3,077$1,787$992$532$279$81
47 years$2,978$1,705$932$492$253$72
48 years$2,883$1,628$876$455$230$63
49 years$2,792$1,555$823$420$209$55
50 years$2,704$1,485$774$388$190$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,770,000, adding $2,043 every year, while hoping to spend $59,007 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: 42/48/10 Blend
44$2,770,000$2,770,000$2,770,000$2,770,000
45$3,054,647$2,907,837$2,864,902$3,173,908
46$3,303,438$2,987,538$2,898,094$3,337,143
47$3,575,628$3,069,167$2,930,419$3,507,704
48$3,873,542$3,152,756$2,961,787$3,691,063
49$4,199,738$3,238,336$2,992,103$3,888,411
50$4,557,036$3,325,939$3,021,263$4,101,058
51$4,948,540$3,415,596$3,049,161$4,330,444
52$5,377,667$3,507,336$3,075,684$4,578,157
53$5,848,184$3,601,190$3,100,714$4,845,941
54$6,364,235$3,697,186$3,124,125$5,135,717
55$6,930,390$3,795,350$3,145,785$5,449,599
56$7,551,678$3,895,710$3,165,557$5,789,915
57$8,233,640$3,998,291$3,183,295$6,159,227
58$8,982,381$4,103,117$3,198,845$6,560,357
59$9,804,624$4,210,210$3,212,046$6,996,412
60$10,707,776$4,319,591$3,222,730$7,470,813
61$11,699,997$4,431,278$3,230,719$7,987,328
62$12,790,275$4,545,289$3,235,827$8,550,106
63$13,988,513$4,661,639$3,237,857$9,163,719
64$15,305,621$4,780,338$3,236,604$9,833,201
65$16,753,617$4,901,398$3,231,854$10,564,098
66$18,345,745$5,024,825$3,223,379$11,362,518
67$20,096,591$5,150,622$3,210,943$12,235,193
68$22,022,231$5,278,790$3,194,297$13,189,535
69$24,140,374$5,409,326$3,173,181$14,233,714
70$26,470,531$5,542,221$3,147,321$15,376,728
71$29,034,200$5,677,466$3,116,433$16,628,494
72$31,855,071$5,815,044$3,080,215$17,999,934
73$34,959,240$5,954,933$3,038,354$19,503,088
74$38,375,466$6,097,108$2,990,522$21,151,216
75$42,135,433$6,241,536$2,936,375$22,958,935
76$46,274,056$6,388,180$2,875,552$24,942,346
77$50,829,804$6,536,996$2,807,677$27,119,195
78$55,845,066$6,687,930$2,732,356$29,509,033
79$61,366,549$6,840,925$2,649,177$32,133,408
80$67,445,720$6,995,913$2,557,707$35,016,062
81$74,139,290$7,152,819$2,457,497$38,183,158
82$81,509,748$7,311,558$2,348,073$41,663,528
83$89,625,953$7,472,035$2,228,944$45,488,944
84$98,563,780$7,634,144$2,099,593$49,694,419
85$108,406,839$7,797,771$1,959,483$54,318,538
86$119,247,260$7,962,786$1,808,050$59,403,818
87$131,186,567$8,129,049$1,644,706$64,997,119
88$144,336,630$8,296,405$1,468,837$71,150,077
89$158,820,724$8,464,687$1,279,801$77,919,598
90$174,774,691$8,633,709$1,076,927$85,368,395
91$192,348,222$8,803,273$859,516$93,565,576
92$211,706,267$8,973,160$626,837$102,587,305
93$233,030,597$9,143,136$378,127$112,517,514
94$256,521,513$9,312,944$112,589$123,448,701
95$282,399,739$9,482,310$0$135,482,800
96$310,908,504$9,650,935$0$148,750,373
97$342,315,839$9,818,499$0$163,371,002
98$376,917,104$9,984,655$0$179,469,191
99$415,037,778$10,149,032$0$197,195,397
100$457,036,526$10,311,229$0$216,715,423