Can I retire at age 45 with 2,760,000?

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 $2,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$227,918$225,888$223,907$221,974$220,086$212,531
2 years$112,831$110,729$108,693$106,718$104,803$97,268
3 years$74,473$72,363$70,331$68,375$66,491$59,214
4 years$55,298$53,194$51,183$49,261$47,422$40,457
5 years$43,796$41,705$39,720$37,837$36,050$29,416
6 years$36,131$34,055$32,100$30,258$28,525$22,227
7 years$30,658$28,600$26,675$24,877$23,198$17,236
8 years$26,555$24,515$22,623$20,869$19,245$13,613
9 years$23,365$21,345$19,485$17,776$16,207$10,899
10 years$20,815$18,814$16,987$15,323$13,809$8,816
11 years$18,730$16,749$14,955$13,335$11,877$7,188
12 years$16,993$15,033$13,273$11,697$10,292$5,898
13 years$15,525$13,586$11,858$10,327$8,975$4,863
14 years$14,268$12,349$10,655$9,167$7,867$4,026
15 years$13,179$11,281$9,620$8,175$6,927$3,344
16 years$12,228$10,350$8,722$7,320$6,122$2,785
17 years$11,389$9,532$7,936$6,577$5,428$2,324
18 years$10,644$8,808$7,245$5,927$4,827$1,944
19 years$9,979$8,163$6,632$5,356$4,302$1,628
20 years$9,380$7,586$6,087$4,851$3,843$1,365
21 years$8,840$7,066$5,599$4,402$3,439$1,145
22 years$8,349$6,596$5,160$4,003$3,082$962
23 years$7,901$6,169$4,764$3,645$2,767$809
24 years$7,492$5,780$4,406$3,325$2,487$680
25 years$7,116$5,424$4,081$3,036$2,238$573
26 years$6,769$5,098$3,785$2,776$2,016$482
27 years$6,449$4,798$3,515$2,541$1,817$406
28 years$6,151$4,521$3,267$2,328$1,640$342
29 years$5,875$4,265$3,041$2,135$1,481$288
30 years$5,618$4,028$2,832$1,959$1,338$243
31 years$5,378$3,807$2,640$1,800$1,210$205
32 years$5,153$3,603$2,464$1,654$1,094$173
33 years$4,943$3,412$2,300$1,521$990$146
34 years$4,745$3,234$2,149$1,399$897$123
35 years$4,559$3,067$2,009$1,288$812$104
36 years$4,384$2,911$1,880$1,186$736$87
37 years$4,218$2,765$1,759$1,093$667$74
38 years$4,062$2,628$1,648$1,008$605$62
39 years$3,914$2,499$1,544$929$548$52
40 years$3,773$2,377$1,447$857$497$44
41 years$3,640$2,263$1,357$791$451$37
42 years$3,514$2,155$1,273$730$409$32
43 years$3,394$2,053$1,194$673$372$27
44 years$3,279$1,957$1,121$622$337$22
45 years$3,170$1,866$1,052$574$306$19
46 years$3,066$1,780$989$530$278$16
47 years$2,967$1,699$929$490$252$13
48 years$2,872$1,622$873$453$229$11
49 years$2,782$1,549$820$419$208$10
50 years$2,695$1,480$771$387$189$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,760,000, adding $4,354 every year, while hoping to spend $20,026 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: 38/47/15 Blend
44$2,760,000$2,760,000$2,760,000$2,760,000
45$3,046,011$2,899,731$2,856,951$3,147,801
46$3,335,397$3,020,510$2,931,352$3,341,789
47$3,653,629$3,146,537$3,007,573$3,549,048
48$4,003,628$3,278,046$3,085,656$3,772,603
49$4,388,613$3,415,285$3,165,640$4,013,929
50$4,812,129$3,558,512$3,247,567$4,274,646
51$5,278,085$3,707,998$3,331,479$4,556,530
52$5,790,784$3,864,024$3,417,418$4,861,529
53$6,354,970$4,026,888$3,505,428$5,191,781
54$6,975,869$4,196,897$3,595,552$5,549,636
55$7,659,240$4,374,377$3,687,835$5,937,671
56$8,411,427$4,559,667$3,782,322$6,358,717
57$9,239,422$4,753,120$3,879,059$6,815,885
58$10,150,929$4,955,108$3,978,093$7,312,589
59$11,154,435$5,166,020$4,079,471$7,852,585
60$12,259,294$5,386,262$4,183,240$8,439,995
61$13,475,813$5,616,260$4,289,450$9,079,355
62$14,815,349$5,856,459$4,398,149$9,775,647
63$16,290,414$6,107,325$4,509,387$10,534,348
64$17,914,799$6,369,347$4,623,214$11,361,482
65$19,703,698$6,643,034$4,739,681$12,263,671
66$21,673,855$6,928,923$4,858,840$13,248,199
67$23,843,720$7,227,572$4,980,743$14,323,076
68$26,233,624$7,539,567$5,105,442$15,497,113
69$28,865,970$7,865,522$5,232,991$16,780,002
70$31,765,445$8,206,079$5,363,443$18,182,406
71$34,959,255$8,561,911$5,496,852$19,716,057
72$38,477,375$8,933,721$5,633,273$21,393,865
73$42,352,840$9,322,247$5,772,761$23,230,034
74$46,622,053$9,728,259$5,915,371$25,240,198
75$51,325,125$10,152,567$6,061,159$27,441,560
76$56,506,261$10,596,016$6,210,181$29,853,059
77$62,214,171$11,059,492$6,362,493$32,495,537
78$68,502,532$11,543,923$6,518,152$35,391,938
79$75,430,496$12,050,280$6,677,216$38,567,521
80$83,063,243$12,579,581$6,839,740$42,050,092
81$91,472,605$13,132,892$7,005,782$45,870,264
82$100,737,734$13,711,327$7,175,399$50,061,743
83$110,945,856$14,316,055$7,348,648$54,661,641
84$122,193,093$14,948,301$7,525,587$59,710,821
85$134,585,366$15,609,345$7,706,272$65,254,280
86$148,239,401$16,300,531$7,890,760$71,341,570
87$163,283,828$17,023,265$8,079,108$78,027,257
88$179,860,392$17,779,019$8,271,371$85,371,434
89$198,125,296$18,569,335$8,467,607$93,440,281
90$218,250,674$19,395,830$8,667,869$102,306,687
91$240,426,213$20,260,196$8,872,213$112,050,928
92$264,860,947$21,164,206$9,080,693$122,761,422
93$291,785,229$22,109,717$9,293,361$134,535,556
94$321,452,904$23,098,675$9,510,271$147,480,596
95$354,143,708$24,133,118$9,731,472$161,714,699
96$390,165,906$25,215,180$9,957,016$177,368,014
97$429,859,204$26,347,099$10,186,952$194,583,906
98$473,597,954$27,531,218$10,421,325$213,520,303
99$521,794,689$28,769,992$10,660,184$234,351,175
100$574,904,018$30,065,993$10,903,571$257,268,168