Can I retire at age 45 with 2,790,000?

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 $2,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$230,396$228,343$226,341$224,387$222,479$215,271
2 years$114,057$111,933$109,874$107,878$105,942$98,748
3 years$75,283$73,149$71,096$69,119$67,214$60,259
4 years$55,899$53,773$51,740$49,796$47,938$41,276
5 years$44,272$42,158$40,152$38,248$36,441$30,090
6 years$36,524$34,425$32,449$30,587$28,835$22,799
7 years$30,991$28,910$26,965$25,148$23,450$17,730
8 years$26,843$24,782$22,869$21,096$19,454$14,045
9 years$23,619$21,577$19,697$17,969$16,383$11,279
10 years$21,041$19,019$17,172$15,489$13,960$9,152
11 years$18,933$16,931$15,118$13,480$12,006$7,486
12 years$17,178$15,197$13,417$11,824$10,404$6,163
13 years$15,694$13,733$11,987$10,439$9,072$5,099
14 years$14,423$12,483$10,770$9,266$7,953$4,236
15 years$13,323$11,404$9,724$8,264$7,002$3,531
16 years$12,361$10,463$8,816$7,400$6,189$2,951
17 years$11,513$9,636$8,023$6,648$5,487$2,472
18 years$10,760$8,904$7,324$5,992$4,879$2,075
19 years$10,087$8,252$6,704$5,414$4,349$1,744
20 years$9,482$7,668$6,153$4,903$3,884$1,468
21 years$8,936$7,143$5,660$4,450$3,476$1,237
22 years$8,440$6,667$5,216$4,046$3,116$1,043
23 years$7,987$6,236$4,816$3,685$2,797$881
24 years$7,573$5,843$4,454$3,361$2,514$744
25 years$7,193$5,483$4,125$3,069$2,262$628
26 years$6,843$5,153$3,826$2,806$2,038$531
27 years$6,519$4,850$3,553$2,569$1,837$449
28 years$6,218$4,570$3,303$2,354$1,658$380
29 years$5,939$4,311$3,074$2,158$1,497$322
30 years$5,679$4,071$2,863$1,981$1,353$272
31 years$5,436$3,849$2,669$1,819$1,223$230
32 years$5,209$3,642$2,490$1,672$1,106$195
33 years$4,996$3,449$2,325$1,537$1,001$165
34 years$4,797$3,269$2,173$1,415$906$140
35 years$4,608$3,100$2,031$1,302$821$118
36 years$4,431$2,943$1,900$1,199$744$100
37 years$4,264$2,795$1,778$1,105$674$85
38 years$4,106$2,656$1,665$1,018$611$72
39 years$3,956$2,526$1,560$939$554$61
40 years$3,814$2,403$1,463$866$503$52
41 years$3,680$2,287$1,371$799$456$44
42 years$3,552$2,178$1,286$738$414$37
43 years$3,431$2,076$1,207$681$376$31
44 years$3,315$1,978$1,133$629$341$27
45 years$3,205$1,887$1,064$581$309$23
46 years$3,100$1,800$999$536$281$19
47 years$2,999$1,718$939$495$255$16
48 years$2,903$1,640$882$458$232$14
49 years$2,812$1,566$829$423$210$12
50 years$2,724$1,496$780$391$191$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,790,000, adding $2,757 every year, while hoping to spend $46,552 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: 69/22/9 Blend
44$2,790,000$2,790,000$2,790,000$2,790,000
45$3,077,424$2,929,554$2,886,309$3,284,325
46$3,341,790$3,023,571$2,933,469$3,515,836
47$3,631,562$3,120,635$2,980,649$3,763,093
48$3,949,280$3,220,845$3,027,800$4,032,327
49$4,297,746$3,324,306$3,074,871$4,325,689
50$4,680,043$3,431,124$3,121,806$4,645,541
51$5,099,568$3,541,410$3,168,548$4,994,487
52$5,560,063$3,655,278$3,215,033$5,375,394
53$6,065,649$3,772,846$3,261,196$5,791,416
54$6,620,866$3,894,236$3,306,967$6,246,027
55$7,230,716$4,019,575$3,352,271$6,743,052
56$7,900,708$4,148,993$3,397,031$7,286,705
57$8,636,911$4,282,625$3,441,163$7,881,623
58$9,446,012$4,420,610$3,484,579$8,532,915
59$10,335,379$4,563,093$3,527,185$9,246,207
60$11,313,125$4,710,222$3,568,883$10,027,695
61$12,388,193$4,862,153$3,609,570$10,884,205
62$13,570,434$5,019,043$3,649,136$11,823,254
63$14,870,701$5,181,059$3,687,464$12,853,121
64$16,300,951$5,348,369$3,724,433$13,982,928
65$17,874,360$5,521,152$3,759,914$15,222,721
66$19,605,444$5,699,588$3,793,771$16,583,569
67$21,510,198$5,883,866$3,825,860$18,077,662
68$23,606,244$6,074,181$3,856,033$19,718,433
69$25,913,000$6,270,735$3,884,129$21,520,678
70$28,451,861$6,473,736$3,909,982$23,500,699
71$31,246,402$6,683,400$3,933,417$25,676,454
72$34,322,598$6,899,949$3,954,250$28,067,730
73$37,709,071$7,123,615$3,972,285$30,696,326
74$41,437,360$7,354,636$3,987,321$33,586,259
75$45,542,217$7,593,259$3,999,142$36,763,992
76$50,061,933$7,839,739$4,007,523$40,258,679
77$55,038,705$8,094,341$4,012,229$44,102,444
78$60,519,026$8,357,337$4,013,013$48,330,682
79$66,554,131$8,629,011$4,009,613$52,982,390
80$73,200,475$8,909,655$4,001,758$58,100,539
81$80,520,268$9,199,572$3,989,161$63,732,475
82$88,582,059$9,499,075$3,971,522$69,930,367
83$97,461,388$9,808,489$3,948,527$76,751,700
84$107,241,494$10,128,149$3,919,846$84,259,814
85$118,014,100$10,458,402$3,885,135$92,524,502
86$129,880,282$10,799,607$3,844,031$101,622,670
87$142,951,420$11,152,137$3,796,155$111,639,060
88$157,350,249$11,516,377$3,741,111$122,667,050
89$173,212,020$11,892,724$3,678,483$134,809,534
90$190,685,770$12,281,592$3,607,837$148,179,894
91$209,935,736$12,683,408$3,528,717$162,903,069
92$231,142,899$13,098,613$3,440,647$179,116,731
93$254,506,695$13,527,665$3,343,129$196,972,587
94$280,246,896$13,971,038$3,235,641$216,637,809
95$308,605,683$14,429,222$3,117,639$238,296,609
96$339,849,935$14,902,727$2,988,552$262,151,982
97$374,273,744$15,392,076$2,847,784$288,427,616
98$412,201,194$15,897,817$2,694,713$317,370,006
99$453,989,418$16,420,511$2,528,688$349,250,779
100$500,031,966$16,960,744$2,349,027$384,369,255