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

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 $2,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$230,396$228,343$226,341$224,387$222,479$220,155
2 years$114,057$111,933$109,874$107,878$105,942$103,602
3 years$75,283$73,149$71,096$69,119$67,214$64,931
4 years$55,899$53,773$51,740$49,796$47,938$45,728
5 years$44,272$42,158$40,152$38,248$36,441$34,312
6 years$36,524$34,425$32,449$30,587$28,835$26,788
7 years$30,991$28,910$26,965$25,148$23,450$21,488
8 years$26,843$24,782$22,869$21,096$19,454$17,575
9 years$23,619$21,577$19,697$17,969$16,383$14,587
10 years$21,041$19,019$17,172$15,489$13,960$12,245
11 years$18,933$16,931$15,118$13,480$12,006$10,372
12 years$17,178$15,197$13,417$11,824$10,404$8,849
13 years$15,694$13,733$11,987$10,439$9,072$7,594
14 years$14,423$12,483$10,770$9,266$7,953$6,550
15 years$13,323$11,404$9,724$8,264$7,002$5,672
16 years$12,361$10,463$8,816$7,400$6,189$4,929
17 years$11,513$9,636$8,023$6,648$5,487$4,296
18 years$10,760$8,904$7,324$5,992$4,879$3,753
19 years$10,087$8,252$6,704$5,414$4,349$3,287
20 years$9,482$7,668$6,153$4,903$3,884$2,883
21 years$8,936$7,143$5,660$4,450$3,476$2,533
22 years$8,440$6,667$5,216$4,046$3,116$2,229
23 years$7,987$6,236$4,816$3,685$2,797$1,964
24 years$7,573$5,843$4,454$3,361$2,514$1,732
25 years$7,193$5,483$4,125$3,069$2,262$1,529
26 years$6,843$5,153$3,826$2,806$2,038$1,350
27 years$6,519$4,850$3,553$2,569$1,837$1,194
28 years$6,218$4,570$3,303$2,354$1,658$1,056
29 years$5,939$4,311$3,074$2,158$1,497$935
30 years$5,679$4,071$2,863$1,981$1,353$828
31 years$5,436$3,849$2,669$1,819$1,223$733
32 years$5,209$3,642$2,490$1,672$1,106$650
33 years$4,996$3,449$2,325$1,537$1,001$576
34 years$4,797$3,269$2,173$1,415$906$511
35 years$4,608$3,100$2,031$1,302$821$453
36 years$4,431$2,943$1,900$1,199$744$402
37 years$4,264$2,795$1,778$1,105$674$357
38 years$4,106$2,656$1,665$1,018$611$317
39 years$3,956$2,526$1,560$939$554$281
40 years$3,814$2,403$1,463$866$503$250
41 years$3,680$2,287$1,371$799$456$222
42 years$3,552$2,178$1,286$738$414$197
43 years$3,431$2,076$1,207$681$376$175
44 years$3,315$1,978$1,133$629$341$155
45 years$3,205$1,887$1,064$581$309$138
46 years$3,100$1,800$999$536$281$123
47 years$2,999$1,718$939$495$255$109
48 years$2,903$1,640$882$458$232$97
49 years$2,812$1,566$829$423$210$86
50 years$2,724$1,496$780$391$191$76

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 $3,482 every year, while hoping to spend $54,003 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: 78/14/8 Blend
44$2,790,000$2,790,000$2,790,000$2,790,000
45$3,078,172$2,930,302$2,887,057$3,314,599
46$3,334,686$3,016,428$2,926,314$3,556,423
47$3,615,556$3,104,964$2,965,077$3,814,215
48$3,923,207$3,195,971$3,003,272$4,095,350
49$4,260,312$3,289,513$3,040,820$4,402,126
50$4,629,816$3,385,651$3,077,639$4,737,077
51$5,034,961$3,484,451$3,113,643$5,102,992
52$5,479,316$3,585,978$3,148,740$5,502,942
53$5,966,816$3,690,301$3,182,832$5,940,311
54$6,501,792$3,797,486$3,215,817$6,418,824
55$7,089,015$3,907,604$3,247,588$6,942,583
56$7,733,743$4,020,725$3,278,031$7,516,109
57$8,441,765$4,136,920$3,307,025$8,144,378
58$9,219,460$4,256,264$3,334,445$8,832,873
59$10,073,853$4,378,829$3,360,157$9,587,635
60$11,012,685$4,504,691$3,384,022$10,415,317
61$12,044,485$4,633,927$3,405,892$11,323,247
62$13,178,646$4,766,613$3,425,613$12,319,500
63$14,425,518$4,902,827$3,443,021$13,412,970
64$15,796,505$5,042,650$3,457,947$14,613,458
65$17,304,170$5,186,161$3,470,209$15,931,757
66$18,962,353$5,333,441$3,479,619$17,379,764
67$20,786,306$5,484,572$3,485,979$18,970,582
68$22,792,830$5,639,637$3,489,081$20,718,648
69$25,000,439$5,798,720$3,488,705$22,639,872
70$27,429,531$5,961,904$3,484,624$24,751,778
71$30,102,579$6,129,274$3,476,595$27,073,680
72$33,044,349$6,300,915$3,464,368$29,626,854
73$36,282,125$6,476,912$3,447,677$32,434,745
74$39,845,973$6,657,352$3,426,245$35,523,186
75$43,769,021$6,842,320$3,399,782$38,920,641
76$48,087,769$7,031,903$3,367,984$42,658,474
77$52,842,442$7,226,186$3,330,530$46,771,245
78$58,077,356$7,425,254$3,287,089$51,297,033
79$63,841,349$7,629,195$3,237,309$56,277,801
80$70,188,233$7,838,091$3,180,825$61,759,786
81$77,177,303$8,052,028$3,117,253$67,793,937
82$84,873,900$8,271,089$3,046,193$74,436,397
83$93,350,021$8,495,356$2,967,224$81,749,031
84$102,685,005$8,724,910$2,879,907$89,800,010
85$112,966,275$8,959,831$2,783,784$98,664,456
86$124,290,168$9,200,195$2,678,374$108,425,147
87$136,762,840$9,446,080$2,563,174$119,173,301
88$150,501,270$9,697,558$2,437,661$131,009,435
89$165,634,361$9,954,700$2,301,284$144,044,316
90$182,304,159$10,217,573$2,153,470$158,400,004
91$200,667,192$10,486,243$1,993,620$174,211,004
92$220,895,946$10,760,770$1,821,107$191,625,537
93$243,180,496$11,041,210$1,635,277$210,806,937
94$267,730,294$11,327,617$1,435,447$231,935,194
95$294,776,151$11,620,038$1,220,901$255,208,652
96$324,572,413$11,918,514$990,896$280,845,882
97$357,399,360$12,223,082$744,652$309,087,742
98$393,565,854$12,533,772$481,356$340,199,656
99$433,412,250$12,850,605$200,161$374,474,114
100$477,313,613$13,173,598$0$412,233,436