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

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 $2,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$235,350$233,254$231,209$229,212$227,263$221,769
2 years$116,510$114,340$112,237$110,198$108,220$102,718
3 years$76,902$74,723$72,625$70,605$68,660$63,321
4 years$57,102$54,929$52,852$50,867$48,969$43,835
5 years$45,225$43,065$41,016$39,071$37,225$32,311
6 years$37,309$35,166$33,147$31,245$29,455$24,765
7 years$31,657$29,532$27,545$25,688$23,955$19,490
8 years$27,421$25,315$23,360$21,549$19,873$15,631
9 years$24,127$22,041$20,120$18,355$16,736$12,713
10 years$21,494$19,428$17,541$15,822$14,260$10,452
11 years$19,341$17,296$15,443$13,770$12,264$8,666
12 years$17,548$15,524$13,705$12,078$10,628$7,233
13 years$16,032$14,029$12,245$10,663$9,267$6,070
14 years$14,733$12,752$11,002$9,466$8,124$5,117
15 years$13,609$11,649$9,933$8,442$7,153$4,328
16 years$12,627$10,688$9,006$7,559$6,322$3,673
17 years$11,760$9,843$8,195$6,791$5,605$3,124
18 years$10,991$9,095$7,481$6,120$4,984$2,663
19 years$10,304$8,429$6,849$5,530$4,442$2,274
20 years$9,686$7,833$6,285$5,009$3,968$1,945
21 years$9,128$7,296$5,781$4,546$3,551$1,666
22 years$8,621$6,811$5,328$4,133$3,183$1,428
23 years$8,159$6,370$4,920$3,764$2,857$1,225
24 years$7,736$5,968$4,550$3,433$2,568$1,052
25 years$7,348$5,601$4,214$3,135$2,311$904
26 years$6,990$5,264$3,908$2,867$2,082$777
27 years$6,659$4,954$3,629$2,624$1,877$669
28 years$6,352$4,668$3,374$2,404$1,693$575
29 years$6,067$4,404$3,140$2,205$1,529$495
30 years$5,801$4,159$2,925$2,023$1,382$427
31 years$5,553$3,932$2,726$1,858$1,249$367
32 years$5,321$3,720$2,544$1,708$1,130$317
33 years$5,104$3,523$2,375$1,570$1,023$273
34 years$4,900$3,339$2,219$1,445$926$235
35 years$4,708$3,167$2,075$1,330$839$203
36 years$4,526$3,006$1,941$1,225$760$175
37 years$4,356$2,855$1,817$1,129$689$151
38 years$4,194$2,713$1,701$1,040$624$130
39 years$4,041$2,580$1,594$959$566$112
40 years$3,896$2,455$1,494$885$513$97
41 years$3,759$2,337$1,401$816$466$83
42 years$3,628$2,225$1,314$753$423$72
43 years$3,504$2,120$1,233$695$384$62
44 years$3,386$2,021$1,157$642$348$53
45 years$3,274$1,927$1,087$593$316$46
46 years$3,166$1,839$1,021$548$287$40
47 years$3,064$1,755$959$506$261$34
48 years$2,966$1,675$901$468$237$30
49 years$2,872$1,599$847$432$215$26
50 years$2,783$1,528$796$399$195$22

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 $6,231 every year, while hoping to spend $45,478 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: 65/6/29 Blend
44$2,850,000$2,850,000$2,850,000$2,850,000
45$3,147,127$2,996,077$2,951,902$3,327,082
46$3,419,746$3,094,497$3,002,403$3,548,017
47$3,718,648$3,196,215$3,053,071$3,783,829
48$4,046,465$3,301,345$3,103,864$4,040,609
49$4,406,098$3,410,004$3,154,737$4,320,429
50$4,800,741$3,522,315$3,205,641$4,625,569
51$5,233,911$3,638,403$3,256,525$4,958,543
52$5,709,485$3,758,400$3,307,334$5,322,118
53$6,231,732$3,882,441$3,358,009$5,719,343
54$6,805,354$4,010,666$3,408,488$6,153,578
55$7,435,532$4,143,221$3,458,704$6,628,522
56$8,127,974$4,280,256$3,508,588$7,148,253
57$8,888,966$4,421,927$3,558,064$7,717,261
58$9,725,435$4,568,396$3,607,054$8,340,495
59$10,645,012$4,719,830$3,655,473$9,023,406
60$11,656,105$4,876,404$3,703,233$9,772,001
61$12,767,977$5,038,297$3,750,241$10,592,899
62$13,990,833$5,205,695$3,796,396$11,493,392
63$15,335,916$5,378,792$3,841,593$12,481,514
64$16,815,615$5,557,789$3,885,723$13,566,118
65$18,443,580$5,742,893$3,928,666$14,756,961
66$20,234,850$5,934,319$3,970,301$16,064,792
67$22,205,994$6,132,291$4,010,497$17,501,454
68$24,375,273$6,337,040$4,049,115$19,080,000
69$26,762,802$6,548,806$4,086,011$20,814,812
70$29,390,748$6,767,838$4,121,033$22,721,738
71$32,283,536$6,994,394$4,154,020$24,818,242
72$35,468,079$7,228,742$4,184,802$27,123,567
73$38,974,032$7,471,159$4,213,201$29,658,920
74$42,834,070$7,721,932$4,239,030$32,447,668
75$47,084,200$7,981,362$4,262,092$35,515,563
76$51,764,096$8,249,756$4,282,180$38,890,982
77$56,917,477$8,527,437$4,299,076$42,605,195
78$62,592,516$8,814,738$4,312,552$46,692,662
79$68,842,297$9,112,005$4,322,367$51,191,357
80$75,725,314$9,419,596$4,328,269$56,143,125
81$83,306,023$9,737,883$4,329,993$61,594,083
82$91,655,452$10,067,254$4,327,263$67,595,047
83$100,851,867$10,408,109$4,319,785$74,202,019
84$110,981,515$10,760,863$4,307,255$81,476,712
85$122,139,433$11,125,950$4,289,352$89,487,133
86$134,430,350$11,503,816$4,265,740$98,308,226
87$147,969,671$11,894,928$4,236,068$108,022,581
88$162,884,566$12,299,768$4,199,964$118,721,209
89$179,315,173$12,718,838$4,157,045$130,504,408
90$197,415,918$13,152,658$4,106,903$143,482,705
91$217,356,973$13,601,770$4,049,115$157,777,901
92$239,325,861$14,066,734$3,983,238$173,524,222
93$263,529,228$14,548,133$3,908,805$190,869,586
94$290,194,791$15,046,572$3,825,331$209,976,998
95$319,573,486$15,562,681$3,732,307$231,026,094
96$351,941,842$16,097,113$3,629,199$254,214,832
97$387,604,583$16,650,545$3,515,451$279,761,362
98$426,897,512$17,223,682$3,390,479$307,906,089
99$470,190,672$17,817,257$3,253,675$338,913,941
100$517,891,848$18,432,030$3,104,401$373,076,870