Can I retire at age 45 with 2,780,000?

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 $2,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$229,570$227,525$225,530$223,583$221,681$220,192
2 years$113,648$111,532$109,481$107,492$105,562$104,060
3 years$75,013$72,887$70,841$68,871$66,973$65,505
4 years$55,699$53,580$51,554$49,618$47,766$46,343
5 years$44,114$42,007$40,008$38,111$36,311$34,937
6 years$36,393$34,302$32,333$30,478$28,732$27,409
7 years$30,880$28,807$26,869$25,057$23,366$22,095
8 years$26,747$24,693$22,787$21,020$19,385$18,165
9 years$23,534$21,500$19,626$17,904$16,325$15,157
10 years$20,966$18,951$17,110$15,434$13,909$12,792
11 years$18,866$16,871$15,064$13,432$11,963$10,895
12 years$17,117$15,142$13,369$11,782$10,367$9,348
13 years$15,638$13,684$11,944$10,401$9,040$8,070
14 years$14,372$12,439$10,732$9,233$7,924$7,001
15 years$13,275$11,363$9,689$8,234$6,977$6,100
16 years$12,316$10,425$8,785$7,373$6,166$5,333
17 years$11,472$9,601$7,994$6,625$5,468$4,677
18 years$10,721$8,872$7,297$5,970$4,862$4,113
19 years$10,051$8,222$6,680$5,395$4,333$3,625
20 years$9,448$7,641$6,131$4,886$3,870$3,201
21 years$8,904$7,117$5,639$4,434$3,464$2,831
22 years$8,409$6,643$5,197$4,032$3,105$2,508
23 years$7,959$6,213$4,799$3,672$2,787$2,225
24 years$7,546$5,822$4,438$3,349$2,505$1,975
25 years$7,167$5,463$4,111$3,058$2,254$1,756
26 years$6,818$5,135$3,812$2,796$2,030$1,562
27 years$6,495$4,832$3,540$2,560$1,831$1,391
28 years$6,196$4,553$3,291$2,345$1,652$1,239
29 years$5,918$4,296$3,063$2,151$1,491$1,105
30 years$5,659$4,057$2,853$1,974$1,348$986
31 years$5,417$3,835$2,659$1,813$1,218$880
32 years$5,191$3,629$2,481$1,666$1,102$786
33 years$4,979$3,436$2,317$1,532$997$702
34 years$4,779$3,257$2,165$1,409$903$627
35 years$4,592$3,089$2,024$1,298$818$560
36 years$4,415$2,932$1,893$1,195$741$501
37 years$4,249$2,785$1,772$1,101$672$448
38 years$4,091$2,647$1,659$1,015$609$401
39 years$3,942$2,517$1,555$936$552$358
40 years$3,801$2,394$1,457$863$501$321
41 years$3,667$2,279$1,366$796$454$287
42 years$3,539$2,171$1,282$735$412$257
43 years$3,418$2,068$1,203$678$374$230
44 years$3,303$1,971$1,129$626$340$206
45 years$3,193$1,880$1,060$578$308$184
46 years$3,088$1,793$996$534$280$165
47 years$2,989$1,711$935$494$254$148
48 years$2,893$1,634$879$456$231$132
49 years$2,802$1,560$826$422$210$119
50 years$2,714$1,490$777$390$190$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,780,000, adding $5,972 every year, while hoping to spend $38,264 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: 51/30/19 Blend
44$2,780,000$2,780,000$2,780,000$2,780,000
45$3,069,720$2,922,380$2,879,290$3,209,859
46$3,342,119$3,024,864$2,935,034$3,409,576
47$3,641,020$3,131,087$2,991,362$3,622,147
48$3,969,086$3,241,193$3,048,255$3,852,446
49$4,329,251$3,355,329$3,105,689$4,102,162
50$4,724,744$3,473,650$3,163,640$4,373,155
51$5,159,126$3,596,317$3,222,080$4,667,472
52$5,636,318$3,723,497$3,280,980$4,987,362
53$6,160,638$3,855,365$3,340,309$5,335,302
54$6,736,846$3,992,100$3,400,032$5,714,017
55$7,370,183$4,133,892$3,460,112$6,126,505
56$8,066,426$4,280,936$3,520,510$6,576,066
57$8,831,936$4,433,437$3,581,182$7,066,331
58$9,673,725$4,591,607$3,642,082$7,601,300
59$10,599,515$4,755,666$3,703,162$8,185,372
60$11,617,816$4,925,844$3,764,369$8,823,392
61$12,738,005$5,102,382$3,825,647$9,520,694
62$13,970,411$5,285,528$3,886,935$10,283,151
63$15,326,415$5,475,542$3,948,170$11,117,228
64$16,818,560$5,672,693$4,009,284$12,030,046
65$18,460,661$5,877,264$4,070,204$13,029,445
66$20,267,946$6,089,547$4,130,853$14,124,059
67$22,257,188$6,309,847$4,191,148$15,323,396
68$24,446,874$6,538,482$4,251,004$16,637,928
69$26,857,371$6,775,783$4,310,328$18,079,188
70$29,511,121$7,022,094$4,369,022$19,659,880
71$32,432,853$7,277,775$4,426,983$21,393,994
72$35,649,818$7,543,200$4,484,101$23,296,941
73$39,192,041$7,818,758$4,540,260$25,385,697
74$43,092,608$8,104,856$4,595,337$27,678,960
75$47,387,977$8,401,917$4,649,204$30,197,329
76$52,118,320$8,710,381$4,701,722$32,963,493
77$57,327,907$9,030,707$4,752,748$36,002,450
78$63,065,518$9,363,376$4,802,129$39,341,734
79$69,384,905$9,708,886$4,849,705$43,011,683
80$76,345,301$10,067,757$4,895,305$47,045,717
81$84,011,976$10,440,531$4,938,752$51,480,654
82$92,456,854$10,827,774$4,979,857$56,357,059
83$101,759,194$11,230,075$5,018,423$61,719,623
84$112,006,331$11,648,049$5,054,240$67,617,584
85$123,294,510$12,082,336$5,087,090$74,105,192
86$135,729,784$12,533,604$5,116,741$81,242,215
87$149,429,021$13,002,551$5,142,952$89,094,509
88$164,521,008$13,489,902$5,165,466$97,734,632
89$181,147,658$13,996,415$5,184,018$107,242,529
90$199,465,361$14,522,881$5,198,324$117,706,288
91$219,646,450$15,070,124$5,208,089$129,222,966
92$241,880,831$15,639,004$5,213,004$141,899,503
93$266,377,779$16,230,418$5,212,743$155,853,734
94$293,367,906$16,845,302$5,206,963$171,215,497
95$323,105,343$17,484,632$5,195,307$188,127,856
96$355,870,137$18,149,428$5,177,399$206,748,448
97$391,970,894$18,840,753$5,152,844$227,250,976
98$431,747,691$19,559,715$5,121,230$249,826,836
99$475,575,287$20,307,474$5,082,124$274,686,933
100$523,866,663$21,085,236$5,035,071$302,063,659