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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.6%
1 years$228,744$226,706$224,719$222,778$220,884$217,583
2 years$113,240$111,131$109,087$107,105$105,183$101,865
3 years$74,743$72,625$70,586$68,623$66,732$63,500
4 years$55,499$53,387$51,369$49,439$47,594$44,473
5 years$43,955$41,856$39,864$37,974$36,180$33,179
6 years$36,262$34,179$32,216$30,368$28,628$25,750
7 years$30,769$28,703$26,772$24,967$23,282$20,529
8 years$26,651$24,604$22,705$20,944$19,315$16,685
9 years$23,450$21,422$19,556$17,840$16,266$13,759
10 years$20,890$18,883$17,049$15,378$13,859$11,473
11 years$18,798$16,810$15,010$13,384$11,920$9,652
12 years$17,055$15,088$13,321$11,739$10,329$8,177
13 years$15,582$13,635$11,901$10,364$9,007$6,967
14 years$14,320$12,394$10,693$9,200$7,896$5,965
15 years$13,227$11,322$9,655$8,205$6,952$5,127
16 years$12,272$10,388$8,753$7,347$6,144$4,422
17 years$11,430$9,567$7,965$6,601$5,448$3,824
18 years$10,683$8,840$7,271$5,949$4,844$3,315
19 years$10,015$8,193$6,656$5,375$4,318$2,879
20 years$9,414$7,613$6,109$4,868$3,857$2,506
21 years$8,872$7,091$5,619$4,418$3,451$2,183
22 years$8,379$6,620$5,179$4,017$3,093$1,905
23 years$7,930$6,191$4,782$3,659$2,777$1,664
24 years$7,519$5,801$4,422$3,337$2,496$1,455
25 years$7,141$5,444$4,096$3,047$2,246$1,274
26 years$6,794$5,116$3,799$2,786$2,023$1,115
27 years$6,472$4,815$3,527$2,550$1,824$977
28 years$6,174$4,537$3,279$2,337$1,646$857
29 years$5,897$4,280$3,052$2,143$1,486$752
30 years$5,639$4,042$2,842$1,967$1,343$660
31 years$5,398$3,821$2,650$1,806$1,214$579
32 years$5,172$3,616$2,472$1,660$1,098$509
33 years$4,961$3,424$2,309$1,526$994$447
34 years$4,762$3,245$2,157$1,404$900$393
35 years$4,575$3,078$2,017$1,293$815$345
36 years$4,399$2,922$1,886$1,191$738$303
37 years$4,233$2,775$1,766$1,097$669$267
38 years$4,076$2,637$1,654$1,011$607$235
39 years$3,928$2,508$1,549$932$550$206
40 years$3,787$2,386$1,452$860$499$181
41 years$3,653$2,271$1,362$793$453$160
42 years$3,527$2,163$1,277$732$411$140
43 years$3,406$2,061$1,198$676$373$124
44 years$3,291$1,964$1,125$624$338$109
45 years$3,182$1,873$1,056$576$307$96
46 years$3,077$1,787$992$532$279$84
47 years$2,978$1,705$932$492$253$74
48 years$2,883$1,628$876$455$230$65
49 years$2,792$1,555$823$420$209$57
50 years$2,704$1,485$774$388$190$50

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 $4,716 every year, while hoping to spend $52,183 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: 32/42/26 Blend
44$2,770,000$2,770,000$2,770,000$2,770,000
45$3,057,405$2,910,595$2,867,660$3,130,780
46$3,313,738$2,997,691$2,908,204$3,274,181
47$3,594,467$3,087,307$2,948,357$3,423,559
48$3,902,028$3,179,510$2,988,052$3,583,418
49$4,239,099$3,274,370$3,027,216$3,754,714
50$4,608,631$3,371,958$3,065,772$3,938,501
51$5,013,876$3,472,348$3,103,639$4,135,935
52$5,458,413$3,575,615$3,140,733$4,348,288
53$5,946,187$3,681,836$3,176,963$4,576,961
54$6,481,540$3,791,088$3,212,234$4,823,494
55$7,069,258$3,903,453$3,246,445$5,089,584
56$7,714,611$4,019,011$3,279,490$5,377,097
57$8,423,405$4,137,846$3,311,256$5,688,086
58$9,202,037$4,260,044$3,341,627$6,024,814
59$10,057,551$4,385,693$3,370,478$6,389,771
60$10,997,710$4,514,881$3,397,678$6,785,697
61$12,031,065$4,647,699$3,423,090$7,215,612
62$13,167,038$4,784,241$3,446,567$7,682,840
63$14,416,008$4,924,600$3,467,959$8,191,042
64$15,789,409$5,068,873$3,487,104$8,744,250
65$17,299,840$5,217,160$3,503,833$9,346,906
66$18,961,183$5,369,560$3,517,971$10,003,900
67$20,788,730$5,526,175$3,529,330$10,720,622
68$22,799,333$5,687,110$3,537,715$11,503,006
69$25,011,557$5,852,471$3,542,920$12,357,593
70$27,445,859$6,022,365$3,544,731$13,291,584
71$30,124,778$6,196,902$3,542,921$14,312,917
72$33,073,149$6,376,194$3,537,253$15,430,336
73$36,318,337$6,560,354$3,527,477$16,653,472
74$39,890,494$6,749,498$3,513,334$17,992,939
75$43,822,842$6,943,741$3,494,548$19,460,433
76$48,151,991$7,143,203$3,470,834$21,068,837
77$52,918,278$7,348,004$3,441,892$22,832,349
78$58,166,152$7,558,266$3,407,405$24,766,613
79$63,944,592$7,774,113$3,367,045$26,888,867
80$70,307,564$7,995,669$3,320,465$29,218,104
81$77,314,540$8,223,061$3,267,305$31,775,254
82$85,031,049$8,456,417$3,207,186$34,583,382
83$93,529,300$8,695,866$3,139,710$37,667,901
84$102,888,863$8,941,537$3,064,465$41,056,817
85$113,197,418$9,193,564$2,981,016$44,780,992
86$124,551,583$9,452,077$2,888,908$48,874,434
87$137,057,826$9,717,210$2,787,668$53,374,618
88$150,833,468$9,989,097$2,676,798$58,322,843
89$166,007,792$10,267,872$2,555,781$63,764,619
90$182,723,259$10,553,671$2,424,073$69,750,098
91$201,136,859$10,846,628$2,281,106$76,334,548
92$221,421,584$11,146,879$2,126,289$83,578,875
93$243,768,068$11,454,558$1,959,002$91,550,195
94$268,386,379$11,769,799$1,778,597$100,322,474
95$295,508,009$12,092,738$1,584,398$109,977,223
96$325,388,050$12,423,507$1,375,700$120,604,267
97$358,307,609$12,762,237$1,151,764$132,302,595
98$394,576,458$13,109,059$911,821$145,181,296
99$434,535,956$13,464,103$655,066$159,360,589
100$478,562,273$13,827,493$380,660$174,972,957