Can I retire at age 45 with 2,810,000?

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 $2,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$232,047$229,980$227,964$225,995$224,073$220,999
2 years$114,875$112,735$110,662$108,652$106,702$103,609
3 years$75,822$73,674$71,606$69,614$67,696$64,682
4 years$56,300$54,158$52,111$50,153$48,281$45,369
5 years$44,590$42,461$40,440$38,522$36,703$33,901
6 years$36,785$34,672$32,681$30,807$29,042$26,353
7 years$31,213$29,118$27,158$25,328$23,619$21,045
8 years$27,036$24,959$23,033$21,247$19,594$17,134
9 years$23,788$21,732$19,838$18,098$16,501$14,154
10 years$21,192$19,155$17,295$15,600$14,060$11,824
11 years$19,069$17,053$15,226$13,577$12,092$9,966
12 years$17,301$15,306$13,513$11,909$10,478$8,459
13 years$15,807$13,832$12,073$10,514$9,137$7,222
14 years$14,527$12,573$10,848$9,333$8,010$6,196
15 years$13,418$11,485$9,794$8,323$7,052$5,336
16 years$12,449$10,538$8,880$7,453$6,233$4,612
17 years$11,595$9,705$8,080$6,696$5,527$3,997
18 years$10,837$8,968$7,376$6,035$4,914$3,472
19 years$10,159$8,311$6,752$5,453$4,380$3,023
20 years$9,550$7,723$6,197$4,938$3,912$2,636
21 years$9,000$7,194$5,700$4,482$3,501$2,302
22 years$8,500$6,715$5,254$4,075$3,138$2,014
23 years$8,045$6,281$4,851$3,711$2,817$1,763
24 years$7,628$5,884$4,486$3,385$2,532$1,545
25 years$7,245$5,522$4,155$3,091$2,278$1,355
26 years$6,892$5,190$3,854$2,827$2,052$1,190
27 years$6,565$4,884$3,578$2,587$1,850$1,045
28 years$6,263$4,603$3,327$2,370$1,670$919
29 years$5,982$4,342$3,096$2,174$1,508$808
30 years$5,720$4,101$2,883$1,995$1,362$711
31 years$5,475$3,876$2,688$1,832$1,232$626
32 years$5,247$3,668$2,508$1,684$1,114$551
33 years$5,032$3,474$2,342$1,548$1,008$485
34 years$4,831$3,292$2,188$1,425$913$427
35 years$4,641$3,123$2,046$1,312$827$376
36 years$4,463$2,964$1,914$1,208$749$332
37 years$4,294$2,815$1,791$1,113$679$292
38 years$4,135$2,675$1,677$1,026$616$258
39 years$3,985$2,544$1,572$946$558$227
40 years$3,842$2,420$1,473$872$506$200
41 years$3,706$2,304$1,381$805$459$177
42 years$3,578$2,194$1,296$743$417$156
43 years$3,455$2,090$1,216$686$378$138
44 years$3,339$1,993$1,141$633$343$121
45 years$3,228$1,900$1,072$585$312$107
46 years$3,122$1,813$1,006$540$283$94
47 years$3,021$1,730$946$499$257$83
48 years$2,924$1,651$889$461$233$74
49 years$2,832$1,577$835$426$212$65
50 years$2,744$1,506$785$394$193$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,810,000, adding $4,983 every year, while hoping to spend $52,731 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: 36/39/25 Blend
44$2,810,000$2,810,000$2,810,000$2,810,000
45$3,101,760$2,952,830$2,909,275$3,189,916
46$3,362,034$3,041,413$2,950,630$3,344,030
47$3,647,089$3,132,570$2,991,604$3,505,110
48$3,959,396$3,226,370$3,032,127$3,677,970
49$4,301,679$3,322,886$3,072,127$3,863,702
50$4,676,934$3,422,192$3,111,527$4,063,505
51$5,088,465$3,524,363$3,150,247$4,278,699
52$5,539,908$3,629,476$3,188,200$4,510,737
53$6,035,270$3,737,611$3,225,296$4,761,218
54$6,578,962$3,848,850$3,261,438$5,031,899
55$7,175,846$3,963,273$3,296,527$5,324,719
56$7,831,277$4,080,967$3,330,454$5,641,807
57$8,551,151$4,202,019$3,363,108$5,985,510
58$9,341,966$4,326,516$3,394,370$6,358,412
59$10,210,880$4,454,549$3,424,115$6,763,358
60$11,165,779$4,586,210$3,452,212$7,203,479
61$12,215,349$4,721,595$3,478,522$7,682,224
62$13,369,161$4,860,800$3,502,899$8,203,394
63$14,637,759$5,003,923$3,525,189$8,771,170
64$16,032,760$5,151,064$3,545,233$9,390,163
65$17,566,962$5,302,327$3,562,859$10,065,447
66$19,254,467$5,457,816$3,577,889$10,802,614
67$21,110,811$5,617,637$3,590,137$11,607,823
68$23,153,113$5,781,901$3,599,405$12,487,859
69$25,400,232$5,950,716$3,605,488$13,450,197
70$27,872,952$6,124,197$3,608,167$14,503,071
71$30,594,168$6,302,458$3,607,216$15,655,553
72$33,589,111$6,485,616$3,602,396$16,917,640
73$36,885,580$6,673,791$3,593,455$18,300,343
74$40,514,206$6,867,103$3,580,133$19,815,797
75$44,508,739$7,065,676$3,562,152$21,477,371
76$48,906,371$7,269,634$3,539,224$23,299,796
77$53,748,080$7,479,105$3,511,048$25,299,304
78$59,079,021$7,694,219$3,477,305$27,493,778
79$64,948,951$7,915,104$3,437,663$29,902,927
80$71,412,694$8,141,895$3,391,776$32,548,465
81$78,530,667$8,374,726$3,339,278$35,454,322
82$86,369,440$8,613,732$3,279,789$38,646,866
83$95,002,370$8,859,053$3,212,909$42,155,151
84$104,510,292$9,110,826$3,138,221$46,011,197
85$114,982,278$9,369,193$3,055,288$50,250,284
86$126,516,483$9,634,296$2,963,653$54,911,295
87$139,221,066$9,906,278$2,862,837$60,037,072
88$153,215,213$10,185,284$2,752,341$65,674,829
89$168,630,262$10,471,461$2,631,642$71,876,597
90$185,610,940$10,764,953$2,500,192$78,699,709
91$204,316,729$11,065,909$2,357,422$86,207,350
92$224,923,372$11,374,476$2,202,733$94,469,145
93$247,624,533$11,690,802$2,035,502$103,561,826
94$272,633,621$12,015,036$1,855,076$113,569,949
95$300,185,803$12,347,326$1,660,774$124,586,694
96$330,540,231$12,687,821$1,451,886$136,714,749
97$363,982,477$13,036,667$1,227,667$150,067,276
98$400,827,238$13,394,011$987,341$164,768,981
99$441,421,298$13,760,000$730,099$180,957,290
100$486,146,808$14,134,777$455,095$198,783,652