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%19.6%
1 years$228,744$226,706$224,719$222,778$220,884$212,371
2 years$113,240$111,131$109,087$107,105$105,183$96,708
3 years$74,743$72,625$70,586$68,623$66,732$58,562
4 years$55,499$53,387$51,369$49,439$47,594$39,791
5 years$43,955$41,856$39,864$37,974$36,180$28,764
6 years$36,262$34,179$32,216$30,368$28,628$21,604
7 years$30,769$28,703$26,772$24,967$23,282$16,647
8 years$26,651$24,604$22,705$20,944$19,315$13,063
9 years$23,450$21,422$19,556$17,840$16,266$10,388
10 years$20,890$18,883$17,049$15,378$13,859$8,344
11 years$18,798$16,810$15,010$13,384$11,920$6,755
12 years$17,055$15,088$13,321$11,739$10,329$5,502
13 years$15,582$13,635$11,901$10,364$9,007$4,502
14 years$14,320$12,394$10,693$9,200$7,896$3,699
15 years$13,227$11,322$9,655$8,205$6,952$3,048
16 years$12,272$10,388$8,753$7,347$6,144$2,519
17 years$11,430$9,567$7,965$6,601$5,448$2,085
18 years$10,683$8,840$7,271$5,949$4,844$1,729
19 years$10,015$8,193$6,656$5,375$4,318$1,436
20 years$9,414$7,613$6,109$4,868$3,857$1,194
21 years$8,872$7,091$5,619$4,418$3,451$994
22 years$8,379$6,620$5,179$4,017$3,093$828
23 years$7,930$6,191$4,782$3,659$2,777$690
24 years$7,519$5,801$4,422$3,337$2,496$575
25 years$7,141$5,444$4,096$3,047$2,246$480
26 years$6,794$5,116$3,799$2,786$2,023$400
27 years$6,472$4,815$3,527$2,550$1,824$334
28 years$6,174$4,537$3,279$2,337$1,646$279
29 years$5,897$4,280$3,052$2,143$1,486$233
30 years$5,639$4,042$2,842$1,967$1,343$195
31 years$5,398$3,821$2,650$1,806$1,214$163
32 years$5,172$3,616$2,472$1,660$1,098$136
33 years$4,961$3,424$2,309$1,526$994$114
34 years$4,762$3,245$2,157$1,404$900$95
35 years$4,575$3,078$2,017$1,293$815$79
36 years$4,399$2,922$1,886$1,191$738$66
37 years$4,233$2,775$1,766$1,097$669$55
38 years$4,076$2,637$1,654$1,011$607$46
39 years$3,928$2,508$1,549$932$550$39
40 years$3,787$2,386$1,452$860$499$32
41 years$3,653$2,271$1,362$793$453$27
42 years$3,527$2,163$1,277$732$411$23
43 years$3,406$2,061$1,198$676$373$19
44 years$3,291$1,964$1,125$624$338$16
45 years$3,182$1,873$1,056$576$307$13
46 years$3,077$1,787$992$532$279$11
47 years$2,978$1,705$932$492$253$9
48 years$2,883$1,628$876$455$230$8
49 years$2,792$1,555$823$420$209$6
50 years$2,704$1,485$774$388$190$5

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 $5,310 every year, while hoping to spend $30,432 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: 58/13/29 Blend
44$2,770,000$2,770,000$2,770,000$2,770,000
45$3,058,017$2,911,207$2,868,272$3,210,816
46$3,337,556$3,021,477$2,931,980$3,426,466
47$3,644,587$3,136,130$2,996,802$3,657,848
48$3,981,883$3,255,349$3,062,743$3,909,535
49$4,352,499$3,379,324$3,129,809$4,183,506
50$4,759,798$3,508,255$3,198,001$4,481,940
51$5,207,486$3,642,349$3,267,323$4,807,235
52$5,699,648$3,781,822$3,337,777$5,162,031
53$6,240,782$3,926,901$3,409,362$5,549,234
54$6,835,844$4,077,822$3,482,078$5,972,044
55$7,490,295$4,234,830$3,555,923$6,433,985
56$8,210,152$4,398,184$3,630,893$6,938,937
57$9,002,044$4,568,151$3,706,984$7,491,171
58$9,873,274$4,745,012$3,784,190$8,095,392
59$10,831,889$4,929,059$3,862,502$8,756,782
60$11,886,757$5,120,598$3,941,911$9,481,047
61$13,047,647$5,319,948$4,022,405$10,274,470
62$14,325,324$5,527,442$4,103,973$11,143,975
63$15,731,648$5,743,428$4,186,597$12,097,185
64$17,279,689$5,968,269$4,270,261$13,142,498
65$18,983,848$6,202,345$4,354,946$14,289,165
66$20,859,993$6,446,052$4,440,628$15,547,374
67$22,925,608$6,699,804$4,527,285$16,928,352
68$25,199,959$6,964,034$4,614,888$18,444,462
69$27,704,276$7,239,193$4,703,408$20,109,328
70$30,461,952$7,525,753$4,792,812$21,937,955
71$33,498,764$7,824,208$4,883,064$23,946,875
72$36,843,116$8,135,072$4,974,125$26,154,303
73$40,526,307$8,458,884$5,065,952$28,580,303
74$44,582,828$8,796,207$5,158,499$31,246,985
75$49,050,683$9,147,628$5,251,715$34,178,703
76$53,971,752$9,513,761$5,345,547$37,402,295
77$59,392,184$9,895,248$5,439,936$40,947,326
78$65,362,833$10,292,761$5,534,820$44,846,374
79$71,939,736$10,707,001$5,630,130$49,135,330
80$79,184,645$11,138,699$5,725,795$53,853,742
81$87,165,606$11,588,624$5,821,737$59,045,185
82$95,957,606$12,057,574$5,917,873$64,757,671
83$105,643,275$12,546,388$6,014,115$71,044,102
84$116,313,668$13,055,941$6,110,367$77,962,769
85$128,069,128$13,587,147$6,206,530$85,577,900
86$141,020,225$14,140,964$6,302,495$93,960,267
87$155,288,808$14,718,391$6,398,148$103,187,852
88$171,009,149$15,320,474$6,493,369$113,346,583
89$188,329,212$15,948,307$6,588,026$124,531,145
90$207,412,051$16,603,034$6,681,985$136,845,870
91$228,437,347$17,285,850$6,775,099$150,405,722
92$251,603,106$17,998,005$6,867,214$165,337,383
93$277,127,524$18,740,809$6,958,167$181,780,446
94$305,251,051$19,515,629$7,047,785$199,888,731
95$336,238,659$20,323,894$7,135,886$219,831,739
96$370,382,340$21,167,103$7,222,276$241,796,246
97$408,003,868$22,046,821$7,306,752$265,988,069
98$449,457,831$22,964,684$7,389,097$292,634,007
99$495,134,983$23,922,406$7,469,084$321,983,978
100$545,465,925$24,921,778$7,546,473$354,313,379