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%12%
1 years$230,396$228,343$226,341$224,387$222,479$220,614
2 years$114,057$111,933$109,874$107,878$105,942$104,063
3 years$75,283$73,149$71,096$69,119$67,214$65,379
4 years$55,899$53,773$51,740$49,796$47,938$46,160
5 years$44,272$42,158$40,152$38,248$36,441$34,727
6 years$36,524$34,425$32,449$30,587$28,835$27,185
7 years$30,991$28,910$26,965$25,148$23,450$21,867
8 years$26,843$24,782$22,869$21,096$19,454$17,937
9 years$23,619$21,577$19,697$17,969$16,383$14,931
10 years$21,041$19,019$17,172$15,489$13,960$12,572
11 years$18,933$16,931$15,118$13,480$12,006$10,681
12 years$17,178$15,197$13,417$11,824$10,404$9,142
13 years$15,694$13,733$11,987$10,439$9,072$7,871
14 years$14,423$12,483$10,770$9,266$7,953$6,811
15 years$13,323$11,404$9,724$8,264$7,002$5,918
16 years$12,361$10,463$8,816$7,400$6,189$5,160
17 years$11,513$9,636$8,023$6,648$5,487$4,513
18 years$10,760$8,904$7,324$5,992$4,879$3,957
19 years$10,087$8,252$6,704$5,414$4,349$3,478
20 years$9,482$7,668$6,153$4,903$3,884$3,062
21 years$8,936$7,143$5,660$4,450$3,476$2,700
22 years$8,440$6,667$5,216$4,046$3,116$2,385
23 years$7,987$6,236$4,816$3,685$2,797$2,109
24 years$7,573$5,843$4,454$3,361$2,514$1,867
25 years$7,193$5,483$4,125$3,069$2,262$1,655
26 years$6,843$5,153$3,826$2,806$2,038$1,467
27 years$6,519$4,850$3,553$2,569$1,837$1,303
28 years$6,218$4,570$3,303$2,354$1,658$1,157
29 years$5,939$4,311$3,074$2,158$1,497$1,028
30 years$5,679$4,071$2,863$1,981$1,353$914
31 years$5,436$3,849$2,669$1,819$1,223$813
32 years$5,209$3,642$2,490$1,672$1,106$724
33 years$4,996$3,449$2,325$1,537$1,001$644
34 years$4,797$3,269$2,173$1,415$906$574
35 years$4,608$3,100$2,031$1,302$821$511
36 years$4,431$2,943$1,900$1,199$744$455
37 years$4,264$2,795$1,778$1,105$674$406
38 years$4,106$2,656$1,665$1,018$611$362
39 years$3,956$2,526$1,560$939$554$323
40 years$3,814$2,403$1,463$866$503$288
41 years$3,680$2,287$1,371$799$456$256
42 years$3,552$2,178$1,286$738$414$229
43 years$3,431$2,076$1,207$681$376$204
44 years$3,315$1,978$1,133$629$341$182
45 years$3,205$1,887$1,064$581$309$162
46 years$3,100$1,800$999$536$281$145
47 years$2,999$1,718$939$495$255$129
48 years$2,903$1,640$882$458$232$115
49 years$2,812$1,566$829$423$210$103
50 years$2,724$1,496$780$391$191$92

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 $4,769 every year, while hoping to spend $56,535 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: 36/38/26 Blend
44$2,790,000$2,790,000$2,790,000$2,790,000
45$3,079,499$2,931,629$2,888,384$3,166,128
46$3,333,455$3,015,126$2,924,992$3,314,165
47$3,611,420$3,100,820$2,960,932$3,468,378
48$3,915,783$3,188,758$2,996,121$3,633,759
49$4,249,175$3,278,989$3,030,473$3,811,350
50$4,614,493$3,371,562$3,063,896$4,002,295
51$5,014,928$3,466,525$3,096,294$4,207,853
52$5,453,995$3,563,929$3,127,564$4,429,411
53$5,935,565$3,663,824$3,157,600$4,668,496
54$6,463,900$3,766,259$3,186,287$4,926,790
55$7,043,698$3,871,286$3,213,507$5,206,143
56$7,680,130$3,978,953$3,239,134$5,508,593
57$8,378,894$4,089,313$3,263,036$5,836,386
58$9,146,267$4,202,415$3,285,074$6,191,996
59$9,989,162$4,318,310$3,305,100$6,578,144
60$10,915,198$4,437,048$3,322,962$6,997,834
61$11,932,763$4,558,679$3,338,497$7,454,369
62$13,051,104$4,683,252$3,351,535$7,951,391
63$14,280,403$4,810,818$3,361,897$8,492,913
64$15,631,880$4,941,424$3,369,397$9,083,354
65$17,117,896$5,075,118$3,373,836$9,727,584
66$18,752,070$5,211,948$3,375,009$10,430,971
67$20,549,407$5,351,959$3,372,697$11,199,426
68$22,526,437$5,495,196$3,366,673$12,039,465
69$24,701,376$5,641,703$3,356,699$12,958,267
70$27,094,292$5,791,522$3,342,524$13,963,744
71$29,727,297$5,944,694$3,323,886$15,064,614
72$32,624,754$6,101,257$3,300,509$16,270,484
73$35,813,508$6,261,247$3,272,104$17,591,941
74$39,323,137$6,424,699$3,238,371$19,040,652
75$43,186,232$6,591,645$3,198,992$20,629,475
76$47,438,706$6,762,113$3,153,636$22,372,580
77$52,120,127$6,936,130$3,101,956$24,285,581
78$57,274,098$7,113,718$3,043,590$26,385,688
79$62,948,662$7,294,896$2,978,156$28,691,866
80$69,196,758$7,479,679$2,905,257$31,225,018
81$76,076,721$7,668,077$2,824,477$34,008,179
82$83,652,830$7,860,096$2,735,380$37,066,733
83$91,995,915$8,055,738$2,637,512$40,428,661
84$101,184,026$8,254,996$2,530,395$44,124,796
85$111,303,166$8,457,860$2,413,533$48,189,119
86$122,448,107$8,664,314$2,286,405$52,659,083
87$134,723,281$8,874,332$2,148,466$57,575,961
88$148,243,764$9,087,883$1,999,149$62,985,243
89$163,136,367$9,304,928$1,837,859$68,937,061
90$179,540,824$9,525,417$1,663,975$75,486,665
91$197,611,120$9,749,294$1,476,850$82,694,947
92$217,516,935$9,976,491$1,275,806$90,629,015
93$239,445,252$10,206,929$1,060,135$99,362,826
94$263,602,118$10,440,518$829,099$108,977,891
95$290,214,587$10,677,157$581,927$119,564,039
96$319,532,868$10,916,730$317,815$131,220,271
97$351,832,679$11,159,109$35,920$144,055,694
98$387,417,857$11,404,149$0$158,190,552
99$426,623,217$11,651,691$0$173,830,857
100$469,817,719$11,901,558$0$191,064,575