Can I retire at age 45 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$227,092$225,070$223,096$221,170$219,289$214,598
2 years$112,422$110,328$108,299$106,332$104,423$99,720
3 years$74,204$72,101$70,077$68,128$66,250$61,682
4 years$55,098$53,002$50,998$49,082$47,250$42,852
5 years$43,638$41,554$39,576$37,700$35,919$31,702
6 years$36,000$33,932$31,984$30,149$28,421$24,392
7 years$30,547$28,496$26,579$24,787$23,114$19,272
8 years$26,458$24,426$22,541$20,793$19,175$15,519
9 years$23,280$21,268$19,414$17,711$16,149$12,676
10 years$20,740$18,746$16,926$15,267$13,759$10,467
11 years$18,662$16,689$14,901$13,287$11,834$8,717
12 years$16,932$14,979$13,224$11,655$10,255$7,309
13 years$15,469$13,537$11,815$10,289$8,942$6,162
14 years$14,216$12,304$10,616$9,134$7,839$5,219
15 years$13,132$11,240$9,585$8,146$6,902$4,437
16 years$12,184$10,313$8,690$7,293$6,100$3,783
17 years$11,348$9,498$7,908$6,553$5,409$3,235
18 years$10,606$8,776$7,219$5,906$4,809$2,772
19 years$9,943$8,134$6,608$5,336$4,286$2,379
20 years$9,346$7,558$6,065$4,833$3,829$2,046
21 years$8,808$7,040$5,578$4,386$3,426$1,761
22 years$8,319$6,572$5,141$3,988$3,071$1,518
23 years$7,873$6,146$4,747$3,632$2,757$1,310
24 years$7,465$5,759$4,390$3,313$2,478$1,131
25 years$7,090$5,404$4,066$3,025$2,230$977
26 years$6,744$5,079$3,771$2,766$2,008$845
27 years$6,425$4,780$3,502$2,532$1,811$731
28 years$6,129$4,504$3,256$2,320$1,634$633
29 years$5,854$4,249$3,030$2,127$1,475$548
30 years$5,598$4,013$2,822$1,952$1,333$474
31 years$5,359$3,794$2,631$1,793$1,205$411
32 years$5,135$3,590$2,455$1,648$1,090$356
33 years$4,925$3,399$2,292$1,515$987$309
34 years$4,728$3,222$2,141$1,394$893$268
35 years$4,542$3,056$2,002$1,284$809$232
36 years$4,368$2,900$1,873$1,182$733$201
37 years$4,203$2,755$1,753$1,089$664$175
38 years$4,047$2,618$1,642$1,004$602$151
39 years$3,899$2,489$1,538$926$546$131
40 years$3,760$2,369$1,442$854$495$114
41 years$3,627$2,255$1,352$788$449$99
42 years$3,501$2,147$1,268$727$408$86
43 years$3,381$2,046$1,190$671$370$74
44 years$3,267$1,950$1,117$620$336$65
45 years$3,159$1,860$1,049$572$305$56
46 years$3,055$1,774$985$529$277$49
47 years$2,956$1,693$925$488$251$42
48 years$2,862$1,616$870$451$228$37
49 years$2,771$1,543$817$417$207$32
50 years$2,685$1,474$768$385$188$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,750,000, adding $3,478 every year, while hoping to spend $32,431 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: 78/13/9 Blend
44$2,750,000$2,750,000$2,750,000$2,750,000
45$3,034,088$2,888,338$2,845,713$3,266,238
46$3,309,058$2,995,360$2,906,538$3,526,232
47$3,610,989$3,106,539$2,968,313$3,806,764
48$3,942,595$3,222,045$3,031,037$4,113,485
49$4,306,869$3,342,054$3,094,706$4,448,991
50$4,707,106$3,466,751$3,159,315$4,816,139
51$5,146,936$3,596,327$3,224,857$5,218,076
52$5,630,360$3,730,984$3,291,327$5,658,266
53$6,161,784$3,870,929$3,358,713$6,140,525
54$6,746,062$4,016,381$3,427,006$6,669,055
55$7,388,544$4,167,567$3,496,195$7,248,484
56$8,095,122$4,324,725$3,566,264$7,883,907
57$8,872,289$4,488,101$3,637,198$8,580,938
58$9,727,198$4,657,953$3,708,980$9,345,759
59$10,667,730$4,834,551$3,781,589$10,185,180
60$11,702,571$5,018,176$3,855,004$11,106,701
61$12,841,287$5,209,120$3,929,200$12,118,586
62$14,094,421$5,407,690$4,004,152$13,229,935
63$15,473,590$5,614,205$4,079,829$14,450,773
64$16,991,592$5,828,997$4,156,199$15,792,146
65$18,662,531$6,052,415$4,233,228$17,266,219
66$20,501,946$6,284,820$4,310,879$18,886,397
67$22,526,961$6,526,592$4,389,109$20,667,445
68$24,756,442$6,778,127$4,467,875$22,625,632
69$27,211,180$7,039,836$4,547,130$24,778,879
70$29,914,083$7,312,150$4,626,821$27,146,931
71$32,890,394$7,595,520$4,706,895$29,751,544
72$36,167,928$7,890,415$4,787,290$32,616,684
73$39,777,337$8,197,325$4,867,944$35,768,759
74$43,752,394$8,516,763$4,948,789$39,236,864
75$48,130,316$8,849,262$5,029,752$43,053,055
76$52,952,115$9,195,383$5,110,755$47,252,653
77$58,262,981$9,555,707$5,191,715$51,874,575
78$64,112,713$9,930,844$5,272,545$56,961,699
79$70,556,185$10,321,431$5,353,151$62,561,272
80$77,653,866$10,728,131$5,433,432$68,725,353
81$85,472,391$11,151,640$5,513,282$75,511,303
82$94,085,187$11,592,682$5,592,589$82,982,326
83$103,573,168$12,052,016$5,671,233$91,208,065
84$114,025,499$12,530,433$5,749,087$100,265,258
85$125,540,436$13,028,760$5,826,018$110,238,464
86$138,226,253$13,547,862$5,901,882$121,220,855
87$152,202,265$14,088,641$5,976,529$133,315,100
88$167,599,954$14,652,042$6,049,800$146,634,328
89$184,564,208$15,239,051$6,121,528$161,303,200
90$203,254,691$15,850,699$6,191,533$177,459,081
91$223,847,350$16,488,063$6,259,629$195,253,336
92$246,536,071$17,152,269$6,325,618$214,852,759
93$271,534,514$17,844,495$6,389,290$236,441,145
94$299,078,129$18,565,970$6,450,427$260,221,025
95$329,426,377$19,317,981$6,508,794$286,415,574
96$362,865,178$20,101,872$6,564,149$315,270,719
97$399,709,611$20,919,049$6,616,234$347,057,459
98$440,306,891$21,770,982$6,664,777$382,074,421
99$485,039,640$22,659,206$6,709,493$420,650,674
100$534,329,506$23,585,330$6,750,083$463,148,842