Can I retire at age 45 with 2,700,000?

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 $2,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$222,963$220,977$219,040$217,149$215,302$213,409
2 years$110,378$108,322$106,330$104,398$102,525$100,617
3 years$72,854$70,790$68,803$66,889$65,046$63,183
4 years$54,096$52,038$50,071$48,190$46,391$44,587
5 years$42,844$40,798$38,857$37,014$35,266$33,526
6 years$35,345$33,315$31,402$29,601$27,905$26,231
7 years$29,991$27,978$26,095$24,336$22,694$21,088
8 years$25,977$23,982$22,131$20,415$18,827$17,288
9 years$22,857$20,881$19,061$17,389$15,855$14,382
10 years$20,362$18,405$16,618$14,990$13,509$12,102
11 years$18,323$16,385$14,630$13,045$11,618$10,276
12 years$16,624$14,707$12,984$11,443$10,068$8,789
13 years$15,188$13,290$11,600$10,102$8,780$7,563
14 years$13,958$12,081$10,423$8,968$7,696$6,540
15 years$12,893$11,036$9,411$7,997$6,776$5,679
16 years$11,962$10,125$8,532$7,161$5,989$4,948
17 years$11,141$9,325$7,764$6,434$5,310$4,325
18 years$10,413$8,617$7,087$5,798$4,722$3,789
19 years$9,762$7,986$6,488$5,239$4,208$3,328
20 years$9,176$7,421$5,954$4,745$3,759$2,928
21 years$8,648$6,912$5,477$4,307$3,364$2,580
22 years$8,167$6,452$5,048$3,916$3,015$2,277
23 years$7,730$6,035$4,661$3,566$2,707$2,012
24 years$7,329$5,654$4,310$3,252$2,433$1,780
25 years$6,961$5,306$3,992$2,970$2,189$1,576
26 years$6,622$4,987$3,703$2,716$1,972$1,397
27 years$6,308$4,693$3,438$2,486$1,778$1,239
28 years$6,018$4,422$3,196$2,278$1,604$1,099
29 years$5,748$4,172$2,974$2,089$1,449$976
30 years$5,496$3,940$2,771$1,917$1,309$867
31 years$5,261$3,725$2,583$1,760$1,183$771
32 years$5,041$3,524$2,410$1,618$1,070$685
33 years$4,835$3,338$2,250$1,488$969$610
34 years$4,642$3,163$2,102$1,369$877$543
35 years$4,460$3,000$1,966$1,260$794$483
36 years$4,288$2,848$1,839$1,161$720$430
37 years$4,126$2,705$1,721$1,069$652$383
38 years$3,973$2,570$1,612$986$591$341
39 years$3,829$2,444$1,510$909$536$304
40 years$3,691$2,325$1,415$838$486$271
41 years$3,561$2,214$1,327$773$441$241
42 years$3,437$2,108$1,245$714$400$215
43 years$3,320$2,009$1,168$659$363$191
44 years$3,208$1,915$1,097$608$330$171
45 years$3,101$1,826$1,030$562$299$152
46 years$3,000$1,742$967$519$272$136
47 years$2,903$1,662$909$479$247$121
48 years$2,810$1,587$854$443$224$108
49 years$2,721$1,515$802$409$204$96
50 years$2,636$1,447$754$378$185$86

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,700,000, adding $6,697 every year, while hoping to spend $45,485 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: 89/6/5 Blend
44$2,700,000$2,700,000$2,700,000$2,700,000
45$2,982,308$2,839,208$2,797,358$3,247,582
46$3,238,108$2,929,933$2,842,674$3,511,793
47$3,518,475$3,023,580$2,887,983$3,795,152
48$3,825,866$3,120,243$2,933,238$4,105,208
49$4,162,990$3,220,020$2,978,387$4,444,620
50$4,532,827$3,323,013$3,023,375$4,816,316
51$4,938,662$3,429,327$3,068,144$5,223,520
52$5,384,112$3,539,071$3,112,634$5,669,784
53$5,873,161$3,652,355$3,156,777$6,159,021
54$6,410,199$3,769,296$3,200,505$6,695,538
55$7,000,062$3,890,014$3,243,744$7,284,082
56$7,648,075$4,014,632$3,286,416$7,929,881
57$8,360,107$4,143,277$3,328,439$8,638,694
58$9,142,621$4,276,081$3,369,725$9,416,866
59$10,002,741$4,413,181$3,410,183$10,271,384
60$10,948,311$4,554,717$3,449,715$11,209,949
61$11,987,976$4,700,835$3,488,217$12,241,042
62$13,131,259$4,851,686$3,525,582$13,374,009
63$14,388,653$5,007,424$3,561,695$14,619,143
64$15,771,719$5,168,211$3,596,435$15,987,787
65$17,293,193$5,334,212$3,629,674$17,492,438
66$18,967,109$5,505,599$3,661,279$19,146,864
67$20,808,930$5,682,549$3,691,107$20,966,235
68$22,835,693$5,865,246$3,719,012$22,967,263
69$25,066,169$6,053,879$3,744,834$25,168,364
70$27,521,043$6,248,644$3,768,411$27,589,830
71$30,223,106$6,449,744$3,789,569$30,254,015
72$33,197,468$6,657,387$3,808,125$33,185,554
73$36,471,801$6,871,790$3,823,888$36,411,589
74$40,076,594$7,093,177$3,836,658$39,962,027
75$44,045,443$7,321,779$3,846,222$43,869,824
76$48,415,367$7,557,835$3,852,360$48,171,290
77$53,227,158$7,801,592$3,854,837$52,906,437
78$58,525,764$8,053,307$3,853,411$58,119,354
79$64,360,716$8,313,242$3,847,824$63,858,622
80$70,786,590$8,581,673$3,837,807$70,177,773
81$77,863,528$8,858,880$3,823,079$77,135,796
82$85,657,799$9,145,157$3,803,344$84,797,691
83$94,242,430$9,440,805$3,778,291$93,235,083
84$103,697,891$9,746,138$3,747,597$102,526,899
85$114,112,855$10,061,477$3,710,921$112,760,113
86$125,585,036$10,387,159$3,667,906$124,030,561
87$138,222,108$10,723,528$3,618,179$136,443,853
88$152,142,724$11,070,942$3,561,349$150,116,363
89$167,477,635$11,429,772$3,497,008$165,176,332
90$184,370,922$11,800,399$3,424,725$181,765,074
91$202,981,357$12,183,219$3,344,055$200,038,311
92$223,483,902$12,578,643$3,254,527$220,167,646
93$246,071,357$12,987,094$3,155,650$242,342,174
94$270,956,183$13,409,009$3,046,913$266,770,275
95$298,372,507$13,844,844$2,927,777$293,681,577
96$328,578,327$14,295,066$2,797,683$323,329,120
97$361,857,954$14,760,161$2,656,043$355,991,752
98$398,524,689$15,240,633$2,502,243$391,976,753
99$438,923,783$15,737,000$2,335,645$431,622,738
100$483,435,697$16,249,800$2,155,576$475,302,856