Can I retire at age 45 with 2,860,000?

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 $2,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$236,176$234,072$232,020$230,017$228,060$218,925
2 years$116,919$114,741$112,631$110,585$108,600$99,512
3 years$77,172$74,985$72,880$70,853$68,900$60,144
4 years$57,302$55,122$53,038$51,045$49,140$40,783
5 years$45,383$43,216$41,159$39,208$37,356$29,419
6 years$37,440$35,289$33,263$31,355$29,558$22,047
7 years$31,769$29,636$27,642$25,779$24,039$16,950
8 years$27,517$25,403$23,442$21,625$19,943$13,269
9 years$24,212$22,118$20,191$18,420$16,794$10,526
10 years$21,569$19,496$17,603$15,878$14,310$8,434
11 years$19,408$17,356$15,497$13,819$12,307$6,809
12 years$17,609$15,578$13,753$12,121$10,665$5,531
13 years$16,088$14,078$12,288$10,701$9,300$4,514
14 years$14,785$12,796$11,041$9,499$8,152$3,698
15 years$13,657$11,690$9,968$8,471$7,178$3,039
16 years$12,671$10,725$9,038$7,585$6,344$2,504
17 years$11,802$9,878$8,224$6,815$5,625$2,067
18 years$11,030$9,127$7,507$6,142$5,001$1,709
19 years$10,340$8,459$6,873$5,550$4,458$1,415
20 years$9,720$7,861$6,307$5,026$3,982$1,173
21 years$9,160$7,322$5,802$4,562$3,563$973
22 years$8,651$6,835$5,347$4,148$3,194$808
23 years$8,188$6,392$4,937$3,777$2,867$671
24 years$7,763$5,989$4,566$3,445$2,577$558
25 years$7,374$5,621$4,229$3,146$2,319$464
26 years$7,014$5,282$3,922$2,877$2,089$386
27 years$6,682$4,971$3,642$2,633$1,883$321
28 years$6,374$4,684$3,386$2,413$1,699$267
29 years$6,088$4,419$3,151$2,212$1,534$222
30 years$5,822$4,174$2,935$2,030$1,386$185
31 years$5,573$3,945$2,736$1,865$1,253$154
32 years$5,340$3,733$2,553$1,714$1,134$128
33 years$5,122$3,535$2,384$1,576$1,026$107
34 years$4,917$3,351$2,227$1,450$929$89
35 years$4,724$3,178$2,082$1,335$841$74
36 years$4,542$3,016$1,948$1,229$762$62
37 years$4,371$2,865$1,823$1,133$691$52
38 years$4,209$2,723$1,707$1,044$626$43
39 years$4,055$2,589$1,599$963$568$36
40 years$3,910$2,463$1,499$888$515$30
41 years$3,772$2,345$1,406$819$467$25
42 years$3,641$2,233$1,319$756$424$21
43 years$3,517$2,128$1,237$698$385$17
44 years$3,398$2,028$1,162$644$349$14
45 years$3,285$1,934$1,091$595$317$12
46 years$3,177$1,845$1,024$550$288$10
47 years$3,075$1,761$962$508$262$8
48 years$2,976$1,681$904$469$238$7
49 years$2,882$1,605$850$434$216$6
50 years$2,792$1,533$799$401$196$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,860,000, adding $3,922 every year, while hoping to spend $58,843 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: 53/18/29 Blend
44$2,860,000$2,860,000$2,860,000$2,860,000
45$3,155,766$3,004,186$2,959,856$3,297,226
46$3,415,045$3,088,782$2,996,402$3,480,427
47$3,698,799$3,175,552$3,032,201$3,673,413
48$4,009,462$3,264,539$3,067,165$3,882,288
49$4,349,713$3,355,788$3,101,201$4,108,598
50$4,722,506$3,449,344$3,134,214$4,354,048
51$5,131,092$3,545,251$3,166,100$4,620,515
52$5,579,049$3,643,555$3,196,751$4,910,064
53$6,070,324$3,744,300$3,226,053$5,224,975
54$6,609,257$3,847,532$3,253,886$5,567,757
55$7,200,635$3,953,294$3,280,125$5,941,175
56$7,849,725$4,061,631$3,304,635$6,348,274
57$8,562,334$4,172,588$3,327,277$6,792,413
58$9,344,855$4,286,208$3,347,903$7,277,289
59$10,204,332$4,402,533$3,366,359$7,806,979
60$11,148,523$4,521,607$3,382,482$8,385,973
61$12,185,978$4,643,471$3,396,101$9,019,222
62$13,326,113$4,768,166$3,407,035$9,712,179
63$14,579,302$4,895,732$3,415,097$10,470,855
64$15,956,975$5,026,207$3,420,087$11,301,874
65$17,471,724$5,159,629$3,421,797$12,212,534
66$19,137,423$5,296,034$3,420,010$13,210,880
67$20,969,355$5,435,455$3,414,496$14,305,777
68$22,984,362$5,577,925$3,405,014$15,506,996
69$25,200,998$5,723,474$3,391,313$16,825,304
70$27,639,706$5,872,131$3,373,128$18,272,567
71$30,323,011$6,023,920$3,350,183$19,861,863
72$33,275,731$6,178,864$3,322,187$21,607,605
73$36,525,210$6,336,984$3,288,835$23,525,677
74$40,101,581$6,498,295$3,249,810$25,633,585
75$44,038,041$6,662,811$3,204,778$27,950,623
76$48,371,173$6,830,540$3,153,389$30,498,052
77$53,141,283$7,001,487$3,095,278$33,299,307
78$58,392,786$7,175,652$3,030,063$36,380,215
79$64,174,623$7,353,031$2,957,342$39,769,237
80$70,540,718$7,533,614$2,876,697$43,497,744
81$77,550,494$7,717,383$2,787,689$47,600,307
82$85,269,428$7,904,319$2,689,860$52,115,028
83$93,769,669$8,094,390$2,582,730$57,083,897
84$103,130,723$8,287,562$2,465,799$62,553,194
85$113,440,195$8,483,791$2,338,541$68,573,920
86$124,794,622$8,683,025$2,200,410$75,202,286
87$137,300,382$8,885,201$2,050,832$82,500,240
88$151,074,696$9,090,251$1,889,210$90,536,053
89$166,246,735$9,298,093$1,714,919$99,384,968
90$182,958,838$9,508,636$1,527,304$109,129,906
91$201,367,856$9,721,776$1,325,685$119,862,254
92$221,646,631$9,937,397$1,109,350$131,682,728
93$243,985,628$10,155,369$877,553$144,702,324
94$268,594,730$10,375,550$629,519$159,043,366
95$295,705,221$10,597,781$364,437$174,840,666
96$325,571,968$10,821,887$81,461$192,242,796
97$358,475,825$11,047,676$0$211,413,491
98$394,726,285$11,274,937$0$232,601,435
99$434,664,397$11,503,441$0$255,968,588
100$478,665,992$11,732,936$0$281,709,175