Can I retire at age 45 with 2,770,000?

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$228,744$226,706$224,719$222,778$220,884$218,395
2 years$113,240$111,131$109,087$107,105$105,183$102,678
3 years$74,743$72,625$70,586$68,623$66,732$64,288
4 years$55,499$53,387$51,369$49,439$47,594$45,230
5 years$43,955$41,856$39,864$37,974$36,180$33,903
6 years$36,262$34,179$32,216$30,368$28,628$26,440
7 years$30,769$28,703$26,772$24,967$23,282$21,185
8 years$26,651$24,604$22,705$20,944$19,315$17,308
9 years$23,450$21,422$19,556$17,840$16,266$14,349
10 years$20,890$18,883$17,049$15,378$13,859$12,030
11 years$18,798$16,810$15,010$13,384$11,920$10,177
12 years$17,055$15,088$13,321$11,739$10,329$8,672
13 years$15,582$13,635$11,901$10,364$9,007$7,433
14 years$14,320$12,394$10,693$9,200$7,896$6,402
15 years$13,227$11,322$9,655$8,205$6,952$5,536
16 years$12,272$10,388$8,753$7,347$6,144$4,804
17 years$11,430$9,567$7,965$6,601$5,448$4,181
18 years$10,683$8,840$7,271$5,949$4,844$3,648
19 years$10,015$8,193$6,656$5,375$4,318$3,190
20 years$9,414$7,613$6,109$4,868$3,857$2,794
21 years$8,872$7,091$5,619$4,418$3,451$2,451
22 years$8,379$6,620$5,179$4,017$3,093$2,154
23 years$7,930$6,191$4,782$3,659$2,777$1,894
24 years$7,519$5,801$4,422$3,337$2,496$1,668
25 years$7,141$5,444$4,096$3,047$2,246$1,470
26 years$6,794$5,116$3,799$2,786$2,023$1,297
27 years$6,472$4,815$3,527$2,550$1,824$1,145
28 years$6,174$4,537$3,279$2,337$1,646$1,011
29 years$5,897$4,280$3,052$2,143$1,486$893
30 years$5,639$4,042$2,842$1,967$1,343$790
31 years$5,398$3,821$2,650$1,806$1,214$699
32 years$5,172$3,616$2,472$1,660$1,098$618
33 years$4,961$3,424$2,309$1,526$994$547
34 years$4,762$3,245$2,157$1,404$900$484
35 years$4,575$3,078$2,017$1,293$815$429
36 years$4,399$2,922$1,886$1,191$738$380
37 years$4,233$2,775$1,766$1,097$669$337
38 years$4,076$2,637$1,654$1,011$607$298
39 years$3,928$2,508$1,549$932$550$264
40 years$3,787$2,386$1,452$860$499$234
41 years$3,653$2,271$1,362$793$453$208
42 years$3,527$2,163$1,277$732$411$184
43 years$3,406$2,061$1,198$676$373$163
44 years$3,291$1,964$1,125$624$338$145
45 years$3,182$1,873$1,056$576$307$128
46 years$3,077$1,787$992$532$279$114
47 years$2,978$1,705$932$492$253$101
48 years$2,883$1,628$876$455$230$90
49 years$2,792$1,555$823$420$209$79
50 years$2,704$1,485$774$388$190$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,770,000, adding $3,899 every year, while hoping to spend $48,966 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: 55/27/18 Blend
44$2,770,000$2,770,000$2,770,000$2,770,000
45$3,056,562$2,909,752$2,866,817$3,209,722
46$3,316,232$3,000,230$2,910,756$3,405,137
47$3,600,747$3,093,501$2,954,525$3,612,265
48$3,912,589$3,189,649$2,998,069$3,836,733
49$4,254,494$3,288,762$3,041,324$4,080,212
50$4,629,472$3,390,931$3,084,228$4,344,540
51$5,040,839$3,496,248$3,126,711$4,631,742
52$5,492,250$3,604,809$3,168,701$4,944,045
53$5,987,728$3,716,713$3,210,121$5,283,903
54$6,531,705$3,832,061$3,250,889$5,654,016
55$7,129,065$3,950,958$3,290,919$6,057,356
56$7,785,186$4,073,511$3,330,122$6,497,198
57$8,505,993$4,199,832$3,368,399$6,977,146
58$9,298,014$4,330,033$3,405,650$7,501,171
59$10,168,441$4,464,234$3,441,769$8,073,645
60$11,125,195$4,602,554$3,476,641$8,699,382
61$12,177,004$4,745,119$3,510,148$9,383,687
62$13,333,485$4,892,056$3,542,164$10,132,400
63$14,605,231$5,043,497$3,572,557$10,951,955
64$16,003,914$5,199,579$3,601,188$11,849,440
65$17,542,396$5,360,440$3,627,910$12,832,661
66$19,234,844$5,526,226$3,652,568$13,910,219
67$21,096,870$5,697,083$3,675,002$15,091,589
68$23,145,675$5,873,164$3,695,038$16,387,205
69$25,400,211$6,054,627$3,712,500$17,808,569
70$27,881,361$6,241,632$3,727,197$19,368,345
71$30,612,133$6,434,345$3,738,931$21,080,492
72$33,617,881$6,632,938$3,747,496$22,960,385
73$36,926,539$6,837,587$3,752,671$25,024,965
74$40,568,889$7,048,471$3,754,229$27,292,898
75$44,578,848$7,265,778$3,751,927$29,784,748
76$48,993,788$7,489,699$3,745,515$32,523,176
77$53,854,891$7,720,431$3,734,726$35,533,147
78$59,207,534$7,958,176$3,719,283$38,842,171
79$65,101,719$8,203,144$3,698,896$42,480,560
80$71,592,544$8,455,548$3,673,259$46,481,712
81$78,740,723$8,715,609$3,642,052$50,882,430
82$86,613,156$8,983,553$3,604,941$55,723,264
83$95,283,566$9,259,615$3,561,574$61,048,898
84$104,833,187$9,544,033$3,511,584$66,908,569
85$115,351,536$9,837,055$3,454,586$73,356,532
86$126,937,256$10,138,934$3,390,178$80,452,571
87$139,699,045$10,449,931$3,317,938$88,262,564
88$153,756,683$10,770,313$3,237,425$96,859,103
89$169,242,163$11,100,357$3,148,177$106,322,183
90$186,300,935$11,440,345$3,049,711$116,739,951
91$205,093,277$11,790,569$2,941,524$128,209,542
92$225,795,812$12,151,328$2,823,086$140,837,993
93$248,603,171$12,522,929$2,693,845$154,743,254
94$273,729,831$12,905,689$2,553,225$170,055,303
95$301,412,137$13,299,931$2,400,622$186,917,370
96$331,910,538$13,705,990$2,235,405$205,487,288
97$365,512,038$14,124,209$2,056,916$225,938,988
98$402,532,909$14,554,939$1,864,467$248,464,134
99$443,321,677$14,998,541$1,657,337$273,273,936
100$488,262,407$15,455,389$1,434,777$300,601,142