Can I retire at age 45 with 2,850,000?

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 $2,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$235,350$233,254$231,209$229,212$227,263$220,963
2 years$116,510$114,340$112,237$110,198$108,220$101,920
3 years$76,902$74,723$72,625$70,605$68,660$62,556
4 years$57,102$54,929$52,852$50,867$48,969$43,109
5 years$45,225$43,065$41,016$39,071$37,225$31,626
6 years$37,309$35,166$33,147$31,245$29,455$24,121
7 years$31,657$29,532$27,545$25,688$23,955$18,887
8 years$27,421$25,315$23,360$21,549$19,873$15,067
9 years$24,127$22,041$20,120$18,355$16,736$12,189
10 years$21,494$19,428$17,541$15,822$14,260$9,965
11 years$19,341$17,296$15,443$13,770$12,264$8,214
12 years$17,548$15,524$13,705$12,078$10,628$6,816
13 years$16,032$14,029$12,245$10,663$9,267$5,685
14 years$14,733$12,752$11,002$9,466$8,124$4,763
15 years$13,609$11,649$9,933$8,442$7,153$4,004
16 years$12,627$10,688$9,006$7,559$6,322$3,376
17 years$11,760$9,843$8,195$6,791$5,605$2,853
18 years$10,991$9,095$7,481$6,120$4,984$2,416
19 years$10,304$8,429$6,849$5,530$4,442$2,049
20 years$9,686$7,833$6,285$5,009$3,968$1,740
21 years$9,128$7,296$5,781$4,546$3,551$1,480
22 years$8,621$6,811$5,328$4,133$3,183$1,260
23 years$8,159$6,370$4,920$3,764$2,857$1,074
24 years$7,736$5,968$4,550$3,433$2,568$915
25 years$7,348$5,601$4,214$3,135$2,311$781
26 years$6,990$5,264$3,908$2,867$2,082$667
27 years$6,659$4,954$3,629$2,624$1,877$569
28 years$6,352$4,668$3,374$2,404$1,693$486
29 years$6,067$4,404$3,140$2,205$1,529$416
30 years$5,801$4,159$2,925$2,023$1,382$355
31 years$5,553$3,932$2,726$1,858$1,249$304
32 years$5,321$3,720$2,544$1,708$1,130$260
33 years$5,104$3,523$2,375$1,570$1,023$222
34 years$4,900$3,339$2,219$1,445$926$190
35 years$4,708$3,167$2,075$1,330$839$163
36 years$4,526$3,006$1,941$1,225$760$139
37 years$4,356$2,855$1,817$1,129$689$119
38 years$4,194$2,713$1,701$1,040$624$102
39 years$4,041$2,580$1,594$959$566$87
40 years$3,896$2,455$1,494$885$513$75
41 years$3,759$2,337$1,401$816$466$64
42 years$3,628$2,225$1,314$753$423$55
43 years$3,504$2,120$1,233$695$384$47
44 years$3,386$2,021$1,157$642$348$40
45 years$3,274$1,927$1,087$593$316$34
46 years$3,166$1,839$1,021$548$287$29
47 years$3,064$1,755$959$506$261$25
48 years$2,966$1,675$901$468$237$22
49 years$2,872$1,599$847$432$215$18
50 years$2,783$1,528$796$399$195$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,850,000, adding $4,903 every year, while hoping to spend $58,876 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: 47/34/19 Blend
44$2,850,000$2,850,000$2,850,000$2,850,000
45$3,145,757$2,994,707$2,950,532$3,276,428
46$3,403,981$3,078,805$2,986,732$3,452,079
47$3,686,570$3,165,049$3,022,170$3,636,303
48$3,995,948$3,253,484$3,056,761$3,835,020
49$4,334,783$3,344,153$3,090,410$4,049,611
50$4,706,013$3,437,099$3,123,022$4,281,593
51$5,112,875$3,532,365$3,154,491$4,532,639
52$5,558,933$3,629,996$3,184,711$4,804,588
53$6,048,111$3,730,033$3,213,566$5,099,468
54$6,584,734$3,832,520$3,240,936$5,419,508
55$7,173,564$3,937,500$3,266,695$5,767,166
56$7,819,846$4,045,016$3,290,707$6,145,148
57$8,529,357$4,155,109$3,312,833$6,556,434
58$9,308,464$4,267,821$3,332,925$7,004,306
59$10,164,176$4,383,193$3,350,826$7,492,381
60$11,104,217$4,501,265$3,366,375$8,024,640
61$12,137,097$4,622,077$3,379,398$8,605,472
62$13,272,188$4,745,666$3,389,715$9,239,709
63$14,519,817$4,872,070$3,397,137$9,932,677
64$15,891,362$5,001,324$3,401,464$10,690,242
65$17,399,355$5,133,463$3,402,487$11,518,866
66$19,057,607$5,268,520$3,399,988$12,425,672
67$20,881,331$5,406,526$3,393,735$13,418,505
68$22,887,290$5,547,509$3,383,489$14,506,011
69$25,093,953$5,691,496$3,368,995$15,697,716
70$27,521,668$5,838,512$3,349,989$17,004,115
71$30,192,857$5,988,578$3,326,192$18,436,775
72$33,132,222$6,141,712$3,297,313$20,008,440
73$36,366,983$6,297,930$3,263,047$21,733,153
74$39,927,130$6,457,244$3,223,075$23,626,391
75$43,845,710$6,619,661$3,177,061$25,705,207
76$48,159,135$6,785,187$3,124,654$27,988,392
77$52,907,526$6,953,820$3,065,489$30,496,655
78$58,135,091$7,125,555$2,999,181$33,252,817
79$63,890,545$7,300,382$2,925,328$36,282,026
80$70,227,563$7,478,283$2,843,509$39,611,995
81$77,205,294$7,659,238$2,753,286$43,273,265
82$84,888,910$7,843,217$2,654,197$47,299,492
83$93,350,228$8,030,184$2,545,762$51,727,766
84$102,668,384$8,220,096$2,427,478$56,598,960
85$112,930,580$8,412,901$2,298,819$61,958,119
86$124,232,905$8,608,540$2,159,235$67,854,882
87$136,681,245$8,806,941$2,008,153$74,343,954
88$150,392,278$9,008,027$1,844,972$81,485,622
89$165,494,577$9,211,707$1,669,065$89,346,324
90$182,129,822$9,417,880$1,479,778$97,999,278
91$200,454,139$9,626,430$1,276,425$107,525,173
92$220,639,569$9,837,233$1,058,293$118,012,932
93$242,875,694$10,050,147$824,635$129,560,549
94$267,371,427$10,265,017$574,673$142,276,023
95$294,356,982$10,481,671$307,593$156,278,368
96$324,086,043$10,699,922$22,546$171,698,746
97$356,838,165$10,919,564$0$188,681,702
98$392,921,406$11,140,371$0$207,443,631
99$432,675,240$11,362,099$0$228,111,572
100$476,473,753$11,584,481$0$250,874,608