Can I retire at age 45 with 2,870,000?

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 $2,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$237,002$234,891$232,831$230,821$228,858$223,598
2 years$117,328$115,143$113,025$110,972$108,980$103,710
3 years$77,441$75,247$73,135$71,101$69,141$64,025
4 years$57,502$55,314$53,223$51,224$49,312$44,390
5 years$45,542$43,367$41,303$39,345$37,486$32,771
6 years$37,571$35,413$33,379$31,464$29,662$25,159
7 years$31,880$29,739$27,738$25,869$24,123$19,834
8 years$27,613$25,492$23,524$21,701$20,012$15,934
9 years$24,296$22,196$20,261$18,484$16,853$12,984
10 years$21,645$19,564$17,664$15,933$14,360$10,694
11 years$19,476$17,417$15,551$13,867$12,350$8,884
12 years$17,671$15,632$13,802$12,163$10,702$7,429
13 years$16,144$14,127$12,331$10,738$9,332$6,247
14 years$14,837$12,841$11,079$9,532$8,181$5,277
15 years$13,705$11,731$10,003$8,501$7,203$4,473
16 years$12,715$10,763$9,069$7,612$6,366$3,804
17 years$11,843$9,912$8,253$6,839$5,645$3,243
18 years$11,068$9,159$7,534$6,163$5,019$2,770
19 years$10,376$8,489$6,897$5,569$4,473$2,371
20 years$9,754$7,888$6,329$5,044$3,996$2,033
21 years$9,192$7,347$5,822$4,578$3,576$1,745
22 years$8,682$6,859$5,366$4,162$3,205$1,499
23 years$8,216$6,415$4,954$3,791$2,877$1,289
24 years$7,791$6,010$4,582$3,457$2,586$1,110
25 years$7,399$5,640$4,244$3,157$2,327$956
26 years$7,039$5,301$3,936$2,887$2,096$824
27 years$6,706$4,989$3,655$2,642$1,890$710
28 years$6,397$4,701$3,398$2,421$1,705$613
29 years$6,110$4,435$3,162$2,220$1,540$529
30 years$5,842$4,188$2,945$2,038$1,391$457
31 years$5,592$3,959$2,746$1,871$1,258$394
32 years$5,359$3,746$2,562$1,720$1,138$341
33 years$5,140$3,548$2,392$1,581$1,030$294
34 years$4,934$3,362$2,235$1,455$932$254
35 years$4,741$3,189$2,089$1,340$844$220
36 years$4,558$3,027$1,955$1,234$765$190
37 years$4,386$2,875$1,829$1,137$693$164
38 years$4,224$2,732$1,713$1,048$629$142
39 years$4,070$2,598$1,605$966$570$123
40 years$3,924$2,472$1,504$891$517$106
41 years$3,785$2,353$1,411$822$469$92
42 years$3,654$2,241$1,323$759$426$79
43 years$3,529$2,135$1,242$700$386$69
44 years$3,410$2,035$1,166$647$351$59
45 years$3,297$1,941$1,094$597$318$51
46 years$3,188$1,851$1,028$552$289$44
47 years$3,085$1,767$966$510$262$38
48 years$2,987$1,687$907$471$238$33
49 years$2,892$1,611$853$435$216$29
50 years$2,802$1,539$802$402$197$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,870,000, adding $3,410 every year, while hoping to spend $34,803 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: 42/49/9 Blend
44$2,870,000$2,870,000$2,870,000$2,870,000
45$3,166,257$3,014,147$2,969,662$3,290,750
46$3,452,186$3,124,811$3,032,116$3,488,613
47$3,766,112$3,239,730$3,095,495$3,698,957
48$4,110,856$3,359,077$3,159,795$3,925,928
49$4,489,522$3,483,031$3,225,007$4,171,056
50$4,905,532$3,611,778$3,291,124$4,436,019
51$5,362,655$3,745,514$3,358,135$4,722,661
52$5,865,042$3,884,440$3,426,029$5,033,005
53$6,417,268$4,028,769$3,494,792$5,369,278
54$7,024,371$4,178,721$3,564,409$5,733,923
55$7,691,904$4,334,525$3,634,864$6,129,627
56$8,425,983$4,496,422$3,706,137$6,559,342
57$9,233,348$4,664,661$3,778,207$7,026,314
58$10,121,423$4,839,503$3,851,051$7,534,112
59$11,098,390$5,021,220$3,924,643$8,086,659
60$12,173,262$5,210,096$3,998,954$8,688,270
61$13,355,969$5,406,426$4,073,954$9,343,692
62$14,657,456$5,610,518$4,149,609$10,058,145
63$16,089,778$5,822,696$4,225,883$10,837,370
64$17,666,221$6,043,293$4,302,736$11,687,687
65$19,401,423$6,272,662$4,380,124$12,616,046
66$21,311,512$6,511,166$4,458,003$13,630,097
67$23,414,262$6,759,189$4,536,321$14,738,256
68$25,729,254$7,017,127$4,615,026$15,949,787
69$28,278,069$7,285,397$4,694,060$17,274,886
70$31,084,482$7,564,431$4,773,361$18,724,775
71$34,174,693$7,854,683$4,852,863$20,311,807
72$37,577,574$8,156,624$4,932,495$22,049,581
73$41,324,935$8,470,748$5,012,183$23,953,067
74$45,451,833$8,797,568$5,091,845$26,038,748
75$49,996,895$9,137,624$5,171,397$28,324,770
76$55,002,685$9,491,475$5,250,746$30,831,114
77$60,516,109$9,859,707$5,329,795$33,579,781
78$66,588,850$10,242,931$5,408,442$36,594,998
79$73,277,865$10,641,787$5,486,577$39,903,445
80$80,645,913$11,056,940$5,564,083$43,534,502
81$88,762,154$11,489,088$5,640,838$47,520,524
82$97,702,798$11,938,957$5,716,710$51,897,147
83$107,551,825$12,407,307$5,791,561$56,703,619
84$118,401,777$12,894,932$5,865,245$61,983,165
85$130,354,635$13,402,660$5,937,607$67,783,399
86$143,522,774$13,931,356$6,008,483$74,156,761
87$158,030,030$14,481,926$6,077,700$81,161,018
88$174,012,866$15,055,314$6,145,076$88,859,798
89$191,621,660$15,652,506$6,210,418$97,323,193
90$211,022,125$16,274,534$6,273,523$106,628,412
91$232,396,872$16,922,476$6,334,176$116,860,509
92$255,947,133$17,597,458$6,392,151$128,113,181
93$281,894,663$18,300,656$6,447,211$140,489,647
94$310,483,830$19,033,299$6,499,104$154,103,620
95$341,983,923$19,796,674$6,547,566$169,080,374
96$376,691,695$20,592,122$6,592,321$185,557,923
97$414,934,159$21,421,047$6,633,075$203,688,316
98$457,071,682$22,284,917$6,669,522$223,639,071
99$503,501,381$23,185,265$6,701,338$245,594,749
100$554,660,873$24,123,695$6,728,184$269,758,690