Can I retire at age 45 with 2,780,000?

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 $2,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$229,570$227,525$225,530$223,583$221,681$212,886
2 years$113,648$111,532$109,481$107,492$105,562$96,810
3 years$75,013$72,887$70,841$68,871$66,973$58,540
4 years$55,699$53,580$51,554$49,618$47,766$39,715
5 years$44,114$42,007$40,008$38,111$36,311$28,664
6 years$36,393$34,302$32,333$30,478$28,732$21,493
7 years$30,880$28,807$26,869$25,057$23,366$16,533
8 years$26,747$24,693$22,787$21,020$19,385$12,951
9 years$23,534$21,500$19,626$17,904$16,325$10,280
10 years$20,966$18,951$17,110$15,434$13,909$8,242
11 years$18,866$16,871$15,064$13,432$11,963$6,659
12 years$17,117$15,142$13,369$11,782$10,367$5,412
13 years$15,638$13,684$11,944$10,401$9,040$4,420
14 years$14,372$12,439$10,732$9,233$7,924$3,624
15 years$13,275$11,363$9,689$8,234$6,977$2,980
16 years$12,316$10,425$8,785$7,373$6,166$2,457
17 years$11,472$9,601$7,994$6,625$5,468$2,030
18 years$10,721$8,872$7,297$5,970$4,862$1,679
19 years$10,051$8,222$6,680$5,395$4,333$1,391
20 years$9,448$7,641$6,131$4,886$3,870$1,154
21 years$8,904$7,117$5,639$4,434$3,464$958
22 years$8,409$6,643$5,197$4,032$3,105$796
23 years$7,959$6,213$4,799$3,672$2,787$662
24 years$7,546$5,822$4,438$3,349$2,505$551
25 years$7,167$5,463$4,111$3,058$2,254$458
26 years$6,818$5,135$3,812$2,796$2,030$382
27 years$6,495$4,832$3,540$2,560$1,831$318
28 years$6,196$4,553$3,291$2,345$1,652$265
29 years$5,918$4,296$3,063$2,151$1,491$221
30 years$5,659$4,057$2,853$1,974$1,348$184
31 years$5,417$3,835$2,659$1,813$1,218$153
32 years$5,191$3,629$2,481$1,666$1,102$128
33 years$4,979$3,436$2,317$1,532$997$106
34 years$4,779$3,257$2,165$1,409$903$89
35 years$4,592$3,089$2,024$1,298$818$74
36 years$4,415$2,932$1,893$1,195$741$62
37 years$4,249$2,785$1,772$1,101$672$51
38 years$4,091$2,647$1,659$1,015$609$43
39 years$3,942$2,517$1,555$936$552$36
40 years$3,801$2,394$1,457$863$501$30
41 years$3,667$2,279$1,366$796$454$25
42 years$3,539$2,171$1,282$735$412$21
43 years$3,418$2,068$1,203$678$374$17
44 years$3,303$1,971$1,129$626$340$14
45 years$3,193$1,880$1,060$578$308$12
46 years$3,088$1,793$996$534$280$10
47 years$2,989$1,711$935$494$254$8
48 years$2,893$1,634$879$456$231$7
49 years$2,802$1,560$826$422$210$6
50 years$2,714$1,490$777$390$190$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,780,000, adding $2,645 every year, while hoping to spend $38,849 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: 60/17/23 Blend
44$2,780,000$2,780,000$2,780,000$2,780,000
45$3,066,288$2,918,948$2,875,858$3,231,361
46$3,337,715$3,020,642$2,930,865$3,445,442
47$3,635,525$3,126,016$2,986,411$3,674,449
48$3,962,368$3,235,211$3,042,476$3,923,461
49$4,321,164$3,348,371$3,099,033$4,194,428
50$4,715,128$3,465,646$3,156,057$4,489,496
51$5,147,802$3,587,194$3,213,516$4,811,028
52$5,623,089$3,713,178$3,271,380$5,161,626
53$6,145,287$3,843,766$3,329,613$5,544,155
54$6,719,131$3,979,135$3,388,180$5,961,768
55$7,349,839$4,119,469$3,447,040$6,417,937
56$8,043,157$4,264,958$3,506,151$6,916,488
57$8,805,418$4,415,800$3,565,467$7,461,632
58$9,643,599$4,572,202$3,624,938$8,058,006
59$10,565,385$4,734,379$3,684,512$8,710,719
60$11,579,244$4,902,554$3,744,133$9,425,396
61$12,694,507$5,076,959$3,803,742$10,208,235
62$13,921,454$5,257,837$3,863,274$11,066,059
63$15,271,411$5,445,439$3,922,662$12,006,387
64$16,756,857$5,640,028$3,981,833$13,037,501
65$18,391,543$5,841,876$4,040,711$14,168,522
66$20,190,620$6,051,268$4,099,215$15,409,500
67$22,170,781$6,268,498$4,157,257$16,771,506
68$24,350,422$6,493,876$4,214,746$18,266,734
69$26,749,810$6,727,721$4,271,585$19,908,621
70$29,391,279$6,970,367$4,327,671$21,711,968
71$32,299,436$7,222,162$4,382,895$23,693,083
72$35,501,398$7,483,467$4,437,142$25,869,932
73$39,027,044$7,754,661$4,490,290$28,262,310
74$42,909,298$8,036,134$4,542,210$30,892,026
75$47,184,439$8,328,297$4,592,766$33,783,107
76$51,892,444$8,631,576$4,641,815$36,962,030
77$57,077,363$8,946,413$4,689,207$40,457,964
78$62,787,739$9,273,273$4,734,780$44,303,050
79$69,077,061$9,612,635$4,778,367$48,532,700
80$76,004,270$9,965,003$4,819,791$53,185,935
81$83,634,316$10,330,899$4,858,866$58,305,749
82$92,038,773$10,710,869$4,895,394$63,939,516
83$101,296,507$11,105,481$4,929,169$70,139,436
84$111,494,428$11,515,327$4,959,973$76,963,029
85$122,728,306$11,941,025$4,987,578$84,473,672
86$135,103,675$12,383,217$5,011,744$92,741,204
87$148,736,830$12,842,574$5,032,217$101,842,577
88$163,755,922$13,319,796$5,048,733$111,862,589
89$180,302,172$13,815,612$5,061,011$122,894,677
90$198,531,199$14,330,783$5,068,761$135,041,803
91$218,614,490$14,866,100$5,071,673$148,417,424
92$240,741,020$15,422,390$5,069,425$163,146,561
93$265,119,033$16,000,516$5,061,680$179,366,978
94$291,978,010$16,601,377$5,048,082$197,230,484
95$321,570,832$17,225,910$5,028,258$216,904,365
96$354,176,172$17,875,094$5,001,819$238,572,960
97$390,101,116$18,549,949$4,968,356$262,439,400
98$429,684,074$19,251,540$4,927,439$288,727,529
99$473,297,960$19,980,977$4,878,619$317,684,011
100$521,353,726$20,739,418$4,821,427$349,580,662