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%14.3%
1 years$229,570$227,525$225,530$223,583$221,681$217,740
2 years$113,648$111,532$109,481$107,492$105,562$101,605
3 years$75,013$72,887$70,841$68,871$66,973$63,123
4 years$55,699$53,580$51,554$49,618$47,766$44,053
5 years$44,114$42,007$40,008$38,111$36,311$32,745
6 years$36,393$34,302$32,333$30,478$28,732$25,317
7 years$30,880$28,807$26,869$25,057$23,366$20,105
8 years$26,747$24,693$22,787$21,020$19,385$16,275
9 years$23,534$21,500$19,626$17,904$16,325$13,365
10 years$20,966$18,951$17,110$15,434$13,909$11,097
11 years$18,866$16,871$15,064$13,432$11,963$9,294
12 years$17,117$15,142$13,369$11,782$10,367$7,839
13 years$15,638$13,684$11,944$10,401$9,040$6,648
14 years$14,372$12,439$10,732$9,233$7,924$5,665
15 years$13,275$11,363$9,689$8,234$6,977$4,846
16 years$12,316$10,425$8,785$7,373$6,166$4,159
17 years$11,472$9,601$7,994$6,625$5,468$3,579
18 years$10,721$8,872$7,297$5,970$4,862$3,087
19 years$10,051$8,222$6,680$5,395$4,333$2,667
20 years$9,448$7,641$6,131$4,886$3,870$2,309
21 years$8,904$7,117$5,639$4,434$3,464$2,002
22 years$8,409$6,643$5,197$4,032$3,105$1,737
23 years$7,959$6,213$4,799$3,672$2,787$1,509
24 years$7,546$5,822$4,438$3,349$2,505$1,312
25 years$7,167$5,463$4,111$3,058$2,254$1,142
26 years$6,818$5,135$3,812$2,796$2,030$995
27 years$6,495$4,832$3,540$2,560$1,831$867
28 years$6,196$4,553$3,291$2,345$1,652$756
29 years$5,918$4,296$3,063$2,151$1,491$659
30 years$5,659$4,057$2,853$1,974$1,348$575
31 years$5,417$3,835$2,659$1,813$1,218$502
32 years$5,191$3,629$2,481$1,666$1,102$438
33 years$4,979$3,436$2,317$1,532$997$383
34 years$4,779$3,257$2,165$1,409$903$334
35 years$4,592$3,089$2,024$1,298$818$292
36 years$4,415$2,932$1,893$1,195$741$255
37 years$4,249$2,785$1,772$1,101$672$223
38 years$4,091$2,647$1,659$1,015$609$195
39 years$3,942$2,517$1,555$936$552$171
40 years$3,801$2,394$1,457$863$501$149
41 years$3,667$2,279$1,366$796$454$130
42 years$3,539$2,171$1,282$735$412$114
43 years$3,418$2,068$1,203$678$374$100
44 years$3,303$1,971$1,129$626$340$87
45 years$3,193$1,880$1,060$578$308$76
46 years$3,088$1,793$996$534$280$67
47 years$2,989$1,711$935$494$254$58
48 years$2,893$1,634$879$456$231$51
49 years$2,802$1,560$826$422$210$45
50 years$2,714$1,490$777$390$190$39

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 $3,624 every year, while hoping to spend $45,824 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: 28/49/23 Blend
44$2,780,000$2,780,000$2,780,000$2,780,000
45$3,067,298$2,919,958$2,876,868$3,130,954
46$3,331,406$3,014,280$2,924,487$3,275,413
47$3,620,917$3,111,687$2,972,165$3,426,238
48$3,938,375$3,212,283$3,019,856$3,587,332
49$4,286,578$3,316,175$3,067,511$3,759,602
50$4,668,613$3,423,471$3,115,076$3,944,042
51$5,087,877$3,534,287$3,162,497$4,141,747
52$5,548,112$3,648,738$3,209,712$4,353,918
53$6,053,441$3,766,948$3,256,659$4,581,875
54$6,608,406$3,889,043$3,303,271$4,827,067
55$7,218,009$4,015,151$3,349,476$5,091,089
56$7,887,761$4,145,408$3,395,198$5,375,692
57$8,623,733$4,279,954$3,440,358$5,682,802
58$9,432,614$4,418,932$3,484,870$6,014,538
59$10,321,773$4,562,492$3,528,646$6,373,228
60$11,299,328$4,710,788$3,571,589$6,761,434
61$12,374,222$4,863,979$3,613,600$7,181,974
62$13,556,310$5,022,232$3,654,573$7,637,949
63$14,856,448$5,185,715$3,694,396$8,132,770
64$16,286,598$5,354,608$3,732,950$8,670,192
65$17,859,939$5,529,092$3,770,113$9,254,344
66$19,590,993$5,709,358$3,805,752$9,889,775
67$21,495,759$5,895,600$3,839,728$10,581,488
68$23,591,864$6,088,023$3,871,898$11,334,994
69$25,898,734$6,286,836$3,902,106$12,156,358
70$28,437,771$6,492,257$3,930,192$13,052,256
71$31,232,556$6,704,510$3,955,986$14,030,041
72$34,309,074$6,923,829$3,979,309$15,097,809
73$37,695,958$7,150,454$3,999,974$16,264,473
74$41,424,755$7,384,636$4,017,783$17,539,850
75$45,530,230$7,626,633$4,032,528$18,934,750
76$50,050,688$7,876,712$4,043,993$20,461,078
77$55,028,338$8,135,152$4,051,946$22,131,947
78$60,509,692$8,402,237$4,056,150$23,961,800
79$66,546,001$8,678,267$4,056,351$25,966,543
80$73,193,739$8,963,548$4,052,285$28,163,697
81$80,515,137$9,258,399$4,043,674$30,572,563
82$88,578,771$9,563,151$4,030,227$33,214,401
83$97,460,205$9,878,144$4,011,639$36,112,631
84$107,242,707$10,203,734$3,987,589$39,293,051
85$118,018,034$10,540,288$3,957,744$42,784,084
86$129,887,295$10,888,184$3,921,750$46,617,040
87$142,961,911$11,247,817$3,879,241$50,826,413
88$157,364,660$11,619,594$3,829,830$55,450,208
89$173,230,840$12,003,938$3,773,113$60,530,292
90$190,709,542$12,401,288$3,708,669$66,112,794
91$209,965,060$12,812,096$3,636,054$72,248,538
92$231,178,440$13,236,832$3,554,806$78,993,518
93$254,549,189$13,675,985$3,464,440$86,409,430
94$280,297,156$14,130,058$3,364,448$94,564,250
95$308,664,610$14,599,575$3,254,301$103,532,876
96$339,918,524$15,085,078$3,133,445$113,397,832
97$374,353,097$15,587,130$3,001,298$124,250,048
98$412,292,527$16,106,314$2,857,256$136,189,715
99$454,094,074$16,643,232$2,700,683$149,327,228
100$500,151,432$17,198,513$2,530,919$163,784,232