Can I retire at age 45 with 2,730,000?

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$225,441$223,433$221,474$219,561$217,694$216,504
2 years$111,604$109,526$107,511$105,558$103,664$102,463
3 years$73,664$71,576$69,567$67,632$65,769$64,594
4 years$54,697$52,616$50,627$48,725$46,907$45,767
5 years$43,320$41,252$39,289$37,426$35,658$34,557
6 years$35,738$33,685$31,751$29,930$28,215$27,155
7 years$30,324$28,289$26,385$24,607$22,946$21,927
8 years$26,266$24,249$22,377$20,642$19,036$18,057
9 years$23,111$21,113$19,273$17,582$16,031$15,093
10 years$20,589$18,610$16,803$15,156$13,659$12,761
11 years$18,526$16,567$14,793$13,190$11,747$10,889
12 years$16,809$14,870$13,128$11,570$10,180$9,361
13 years$15,357$13,438$11,729$10,214$8,877$8,096
14 years$14,113$12,215$10,539$9,067$7,782$7,037
15 years$13,036$11,158$9,515$8,086$6,852$6,143
16 years$12,095$10,238$8,627$7,240$6,056$5,382
17 years$11,265$9,429$7,850$6,505$5,369$4,730
18 years$10,529$8,712$7,166$5,863$4,774$4,168
19 years$9,870$8,075$6,560$5,297$4,255$3,681
20 years$9,278$7,503$6,021$4,798$3,801$3,258
21 years$8,744$6,989$5,538$4,354$3,401$2,888
22 years$8,258$6,524$5,104$3,959$3,049$2,564
23 years$7,816$6,102$4,713$3,606$2,737$2,280
24 years$7,410$5,717$4,358$3,289$2,460$2,029
25 years$7,038$5,365$4,037$3,003$2,214$1,808
26 years$6,695$5,042$3,744$2,746$1,994$1,612
27 years$6,378$4,745$3,477$2,514$1,798$1,439
28 years$6,085$4,472$3,232$2,303$1,622$1,285
29 years$5,811$4,218$3,008$2,112$1,465$1,148
30 years$5,557$3,984$2,801$1,938$1,323$1,027
31 years$5,320$3,766$2,612$1,780$1,196$919
32 years$5,097$3,563$2,437$1,636$1,082$822
33 years$4,889$3,375$2,275$1,504$979$736
34 years$4,693$3,198$2,126$1,384$887$660
35 years$4,509$3,034$1,987$1,274$803$591
36 years$4,336$2,879$1,859$1,173$728$530
37 years$4,172$2,735$1,740$1,081$660$475
38 years$4,017$2,599$1,630$997$598$426
39 years$3,871$2,471$1,527$919$542$382
40 years$3,732$2,351$1,431$848$492$343
41 years$3,601$2,238$1,342$782$446$307
42 years$3,476$2,132$1,259$722$405$276
43 years$3,357$2,031$1,181$666$367$248
44 years$3,244$1,936$1,109$615$334$222
45 years$3,136$1,846$1,041$568$303$199
46 years$3,033$1,761$978$525$275$179
47 years$2,935$1,681$919$485$250$161
48 years$2,841$1,604$863$448$227$144
49 years$2,751$1,532$811$414$206$130
50 years$2,665$1,464$763$383$187$116

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,730,000, adding $5,368 every year, while hoping to spend $57,882 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: 70/19/11 Blend
44$2,730,000$2,730,000$2,730,000$2,730,000
45$3,013,997$2,869,307$2,826,992$3,217,798
46$3,259,839$2,948,317$2,860,110$3,432,618
47$3,528,816$3,029,259$2,892,398$3,660,074
48$3,823,229$3,112,165$2,923,766$3,907,443
49$4,145,607$3,197,070$2,954,121$4,176,673
50$4,498,738$3,284,007$2,983,364$4,469,910
51$4,885,693$3,373,006$3,011,391$4,789,517
52$5,309,852$3,464,102$3,038,090$5,138,096
53$5,774,939$3,557,324$3,063,348$5,518,513
54$6,285,054$3,652,704$3,087,041$5,933,922
55$6,844,714$3,750,272$3,109,042$6,387,801
56$7,458,895$3,850,055$3,129,215$6,883,978
57$8,133,077$3,952,083$3,147,419$7,426,671
58$8,873,297$4,056,381$3,163,503$8,020,523
59$9,686,205$4,162,976$3,177,312$8,670,653
60$10,579,127$4,271,890$3,188,681$9,382,697
61$11,560,131$4,383,146$3,197,435$10,162,867
62$12,638,109$4,496,765$3,203,394$11,018,002
63$13,822,854$4,612,764$3,206,365$11,955,641
64$15,125,156$4,731,161$3,206,150$12,984,088
65$16,556,903$4,851,969$3,202,537$14,112,491
66$18,131,191$4,975,199$3,195,306$15,350,931
67$19,862,450$5,100,860$3,184,225$16,710,514
68$21,766,575$5,228,958$3,169,052$18,203,476
69$23,861,083$5,359,495$3,149,533$19,843,302
70$26,165,273$5,492,469$3,125,401$21,644,848
71$28,700,405$5,627,875$3,096,377$23,624,482
72$31,489,909$5,765,703$3,062,168$25,800,242
73$34,559,598$5,905,940$3,022,468$28,192,004
74$37,937,912$6,048,567$2,976,957$30,821,667
75$41,656,192$6,193,559$2,925,298$33,713,363
76$45,748,967$6,340,888$2,867,139$36,893,685
77$50,254,287$6,490,516$2,802,113$40,391,934
78$55,214,075$6,642,402$2,729,835$44,240,398
79$60,674,528$6,796,498$2,649,902$48,474,659
80$66,686,549$6,952,745$2,561,892$53,133,924
81$73,306,227$7,111,080$2,465,366$58,261,398
82$80,595,369$7,271,429$2,359,862$63,904,691
83$88,622,078$7,433,710$2,244,899$70,116,269
84$97,461,400$7,597,832$2,119,973$76,953,946
85$107,196,028$7,763,691$1,984,557$84,481,434
86$117,917,086$7,931,175$1,838,103$92,768,938
87$129,724,984$8,100,158$1,680,035$101,893,827
88$142,730,369$8,270,502$1,509,752$111,941,357
89$157,055,166$8,442,057$1,326,629$123,005,482
90$172,833,731$8,614,656$1,130,009$135,189,737
91$190,214,117$8,788,119$919,210$148,608,215
92$209,359,469$8,962,249$693,515$163,386,649
93$230,449,568$9,136,832$452,181$179,663,593
94$253,682,523$9,311,635$194,428$197,591,735
95$279,276,643$9,486,408$0$217,339,337
96$307,472,496$9,660,878$0$239,101,288
97$338,535,179$9,834,750$0$263,097,428
98$372,756,822$10,007,707$0$289,530,199
99$410,459,340$10,179,407$0$318,647,858
100$451,997,477$10,349,482$0$350,723,981