Can I retire at age 45 with 2,790,000?

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 $2,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$230,396$228,343$226,341$224,387$222,479$217,631
2 years$114,057$111,933$109,874$107,878$105,942$101,083
3 years$75,283$73,149$71,096$69,119$67,214$62,494
4 years$55,899$53,773$51,740$49,796$47,938$43,394
5 years$44,272$42,158$40,152$38,248$36,441$32,087
6 years$36,524$34,425$32,449$30,587$28,835$24,674
7 years$30,991$28,910$26,965$25,148$23,450$19,484
8 years$26,843$24,782$22,869$21,096$19,454$15,681
9 years$23,619$21,577$19,697$17,969$16,383$12,800
10 years$21,041$19,019$17,172$15,489$13,960$10,563
11 years$18,933$16,931$15,118$13,480$12,006$8,791
12 years$17,178$15,197$13,417$11,824$10,404$7,366
13 years$15,694$13,733$11,987$10,439$9,072$6,207
14 years$14,423$12,483$10,770$9,266$7,953$5,253
15 years$13,323$11,404$9,724$8,264$7,002$4,463
16 years$12,361$10,463$8,816$7,400$6,189$3,803
17 years$11,513$9,636$8,023$6,648$5,487$3,249
18 years$10,760$8,904$7,324$5,992$4,879$2,782
19 years$10,087$8,252$6,704$5,414$4,349$2,386
20 years$9,482$7,668$6,153$4,903$3,884$2,050
21 years$8,936$7,143$5,660$4,450$3,476$1,764
22 years$8,440$6,667$5,216$4,046$3,116$1,519
23 years$7,987$6,236$4,816$3,685$2,797$1,309
24 years$7,573$5,843$4,454$3,361$2,514$1,130
25 years$7,193$5,483$4,125$3,069$2,262$975
26 years$6,843$5,153$3,826$2,806$2,038$843
27 years$6,519$4,850$3,553$2,569$1,837$728
28 years$6,218$4,570$3,303$2,354$1,658$630
29 years$5,939$4,311$3,074$2,158$1,497$545
30 years$5,679$4,071$2,863$1,981$1,353$472
31 years$5,436$3,849$2,669$1,819$1,223$408
32 years$5,209$3,642$2,490$1,672$1,106$354
33 years$4,996$3,449$2,325$1,537$1,001$306
34 years$4,797$3,269$2,173$1,415$906$265
35 years$4,608$3,100$2,031$1,302$821$230
36 years$4,431$2,943$1,900$1,199$744$199
37 years$4,264$2,795$1,778$1,105$674$173
38 years$4,106$2,656$1,665$1,018$611$150
39 years$3,956$2,526$1,560$939$554$130
40 years$3,814$2,403$1,463$866$503$112
41 years$3,680$2,287$1,371$799$456$97
42 years$3,552$2,178$1,286$738$414$84
43 years$3,431$2,076$1,207$681$376$73
44 years$3,315$1,978$1,133$629$341$63
45 years$3,205$1,887$1,064$581$309$55
46 years$3,100$1,800$999$536$281$48
47 years$2,999$1,718$939$495$255$41
48 years$2,903$1,640$882$458$232$36
49 years$2,812$1,566$829$423$210$31
50 years$2,724$1,496$780$391$191$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,790,000, adding $3,213 every year, while hoping to spend $21,043 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: 80/14/6 Blend
44$2,790,000$2,790,000$2,790,000$2,790,000
45$3,077,894$2,930,024$2,886,779$3,322,484
46$3,369,450$3,051,206$2,961,097$3,604,250
47$3,690,039$3,177,620$3,037,199$3,910,230
48$4,042,600$3,309,501$3,115,122$4,245,314
49$4,430,373$3,447,094$3,194,906$4,612,396
50$4,856,924$3,590,655$3,276,589$5,014,662
51$5,326,185$3,740,452$3,360,209$5,455,620
52$5,842,487$3,896,765$3,445,808$5,939,130
53$6,410,603$4,059,888$3,533,424$6,469,447
54$7,035,790$4,230,128$3,623,099$7,051,253
55$7,723,842$4,407,806$3,714,874$7,689,706
56$8,481,143$4,593,257$3,808,792$8,390,487
57$9,314,727$4,786,834$3,904,894$9,159,849
58$10,232,344$4,988,905$4,003,223$10,004,684
59$11,242,536$5,199,853$4,103,823$10,932,579
60$12,354,711$5,420,083$4,206,738$11,951,893
61$13,579,239$5,650,015$4,312,012$13,071,832
62$14,927,547$5,890,090$4,419,689$14,302,536
63$16,412,223$6,140,771$4,529,815$15,655,175
64$18,047,141$6,402,541$4,642,435$17,142,054
65$19,847,589$6,675,904$4,757,596$18,776,728
66$21,830,411$6,961,391$4,875,343$20,574,126
67$24,014,169$7,259,556$4,995,723$22,550,699
68$26,419,317$7,570,977$5,118,784$24,724,567
69$29,068,396$7,896,264$5,244,571$27,115,693
70$31,986,241$8,236,049$5,373,133$29,746,068
71$35,200,222$8,591,000$5,504,517$32,639,923
72$38,740,498$8,961,812$5,638,772$35,823,951
73$42,640,302$9,349,214$5,775,944$39,327,561
74$46,936,256$9,753,969$5,916,082$43,183,155
75$51,668,718$10,176,877$6,059,233$47,426,430
76$56,882,156$10,618,773$6,205,447$52,096,718
77$62,625,577$11,080,534$6,354,771$57,237,353
78$68,952,983$11,563,077$6,507,252$62,896,082
79$75,923,881$12,067,362$6,662,939$69,125,512
80$83,603,848$12,594,394$6,821,879$75,983,604
81$92,065,147$13,145,226$6,984,118$83,534,224
82$101,387,411$13,720,960$7,149,705$91,847,741
83$111,658,391$14,322,752$7,318,685$101,001,690
84$122,974,790$14,951,809$7,491,103$111,081,503
85$135,443,169$15,609,399$7,667,006$122,181,315
86$149,180,959$16,296,846$7,846,437$134,404,849
87$164,317,565$17,015,540$8,029,441$147,866,397
88$180,995,589$17,766,934$8,216,060$162,691,893
89$199,372,178$18,552,552$8,406,337$179,020,103
90$219,620,502$19,373,989$8,600,311$197,003,932
91$241,931,395$20,232,916$8,798,023$216,811,867
92$266,515,151$21,131,083$8,999,510$238,629,563
93$293,603,513$22,070,322$9,204,811$262,661,596
94$323,451,858$23,052,555$9,413,959$289,133,391
95$356,341,609$24,079,792$9,626,988$318,293,349
96$392,582,891$25,154,140$9,843,930$350,415,186
97$432,517,459$26,277,805$10,064,814$385,800,520
98$476,521,922$27,453,101$10,289,668$424,781,713
99$525,011,303$28,682,447$10,518,517$467,725,004
100$578,442,951$29,968,383$10,751,383$515,033,967