Can I retire at age 45 with 2,850,000?

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 $2,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$235,350$233,254$231,209$229,212$227,263$223,774
2 years$116,510$114,340$112,237$110,198$108,220$104,714
3 years$76,902$74,723$72,625$70,605$68,660$65,245
4 years$57,102$54,929$52,852$50,867$48,969$45,672
5 years$45,225$43,065$41,016$39,071$37,225$34,055
6 years$37,309$35,166$33,147$31,245$29,455$26,416
7 years$31,657$29,532$27,545$25,688$23,955$21,048
8 years$27,421$25,315$23,360$21,549$19,873$17,097
9 years$24,127$22,041$20,120$18,355$16,736$14,090
10 years$21,494$19,428$17,541$15,822$14,260$11,742
11 years$19,341$17,296$15,443$13,770$12,264$9,872
12 years$17,548$15,524$13,705$12,078$10,628$8,358
13 years$16,032$14,029$12,245$10,663$9,267$7,117
14 years$14,733$12,752$11,002$9,466$8,124$6,089
15 years$13,609$11,649$9,933$8,442$7,153$5,230
16 years$12,627$10,688$9,006$7,559$6,322$4,508
17 years$11,760$9,843$8,195$6,791$5,605$3,895
18 years$10,991$9,095$7,481$6,120$4,984$3,374
19 years$10,304$8,429$6,849$5,530$4,442$2,929
20 years$9,686$7,833$6,285$5,009$3,968$2,547
21 years$9,128$7,296$5,781$4,546$3,551$2,218
22 years$8,621$6,811$5,328$4,133$3,183$1,934
23 years$8,159$6,370$4,920$3,764$2,857$1,688
24 years$7,736$5,968$4,550$3,433$2,568$1,475
25 years$7,348$5,601$4,214$3,135$2,311$1,289
26 years$6,990$5,264$3,908$2,867$2,082$1,128
27 years$6,659$4,954$3,629$2,624$1,877$988
28 years$6,352$4,668$3,374$2,404$1,693$866
29 years$6,067$4,404$3,140$2,205$1,529$759
30 years$5,801$4,159$2,925$2,023$1,382$665
31 years$5,553$3,932$2,726$1,858$1,249$584
32 years$5,321$3,720$2,544$1,708$1,130$512
33 years$5,104$3,523$2,375$1,570$1,023$450
34 years$4,900$3,339$2,219$1,445$926$395
35 years$4,708$3,167$2,075$1,330$839$347
36 years$4,526$3,006$1,941$1,225$760$304
37 years$4,356$2,855$1,817$1,129$689$267
38 years$4,194$2,713$1,701$1,040$624$235
39 years$4,041$2,580$1,594$959$566$206
40 years$3,896$2,455$1,494$885$513$181
41 years$3,759$2,337$1,401$816$466$159
42 years$3,628$2,225$1,314$753$423$140
43 years$3,504$2,120$1,233$695$384$123
44 years$3,386$2,021$1,157$642$348$108
45 years$3,274$1,927$1,087$593$316$95
46 years$3,166$1,839$1,021$548$287$84
47 years$3,064$1,755$959$506$261$74
48 years$2,966$1,675$901$468$237$65
49 years$2,872$1,599$847$432$215$57
50 years$2,783$1,528$796$399$195$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,850,000, adding $3,550 every year, while hoping to spend $35,016 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: 68/11/21 Blend
44$2,850,000$2,850,000$2,850,000$2,850,000
45$3,144,362$2,993,312$2,949,137$3,341,424
46$3,427,830$3,102,727$3,010,676$3,583,172
47$3,739,038$3,216,331$3,073,103$3,843,132
48$4,080,779$3,334,290$3,136,412$4,126,670
49$4,456,129$3,456,781$3,200,592$4,436,107
50$4,868,477$3,583,985$3,265,634$4,774,004
51$5,321,555$3,716,094$3,331,526$5,143,177
52$5,819,477$3,853,306$3,398,256$5,546,727
53$6,366,774$3,995,828$3,465,807$5,988,071
54$6,968,436$4,143,875$3,534,163$6,470,971
55$7,629,964$4,297,673$3,603,305$6,999,570
56$8,357,417$4,457,455$3,673,212$7,578,430
57$9,157,469$4,623,466$3,743,861$8,212,577
58$10,037,476$4,795,960$3,815,225$8,907,547
59$11,005,540$4,975,205$3,887,277$9,669,436
60$12,070,591$5,161,476$3,959,987$10,504,961
61$13,242,466$5,355,062$4,033,321$11,421,519
62$14,532,003$5,556,266$4,107,242$12,427,259
63$15,951,145$5,765,401$4,181,713$13,531,160
64$17,513,051$5,982,795$4,256,690$14,743,111
65$19,232,221$6,208,790$4,332,127$16,074,006
66$21,124,631$6,443,744$4,407,977$17,535,848
67$23,207,884$6,688,028$4,484,184$19,141,860
68$25,501,377$6,942,031$4,560,694$20,906,612
69$28,026,486$7,206,158$4,637,445$22,846,152
70$30,806,760$7,480,833$4,714,373$24,978,165
71$33,868,152$7,766,496$4,791,406$27,322,133
72$37,239,258$8,063,609$4,868,473$29,899,523
73$40,951,587$8,372,651$4,945,492$32,733,986
74$45,039,863$8,694,125$5,022,380$35,851,581
75$49,542,347$9,028,555$5,099,047$39,281,020
76$54,501,199$9,376,486$5,175,398$43,053,940
77$59,962,878$9,738,491$5,251,331$47,205,199
78$65,978,579$10,115,165$5,326,738$51,773,206
79$72,604,715$10,507,129$5,401,505$56,800,282
80$79,903,452$10,915,034$5,475,511$62,333,060
81$87,943,291$11,339,557$5,548,627$68,422,924
82$96,799,718$11,781,407$5,620,718$75,126,492
83$106,555,917$12,241,323$5,691,639$82,506,152
84$117,303,550$12,720,078$5,761,239$90,630,651
85$129,143,629$13,218,479$5,829,357$99,575,738
86$142,187,462$13,737,367$5,895,823$109,424,886
87$156,557,708$14,277,623$5,960,458$120,270,074
88$172,389,533$14,840,166$6,023,073$132,212,655
89$189,831,888$15,425,956$6,083,468$145,364,312
90$209,048,909$16,035,996$6,141,433$159,848,117
91$230,221,472$16,671,335$6,196,746$175,799,681
92$253,548,899$17,333,067$6,249,173$193,368,445
93$279,250,835$18,022,336$6,298,469$212,719,081
94$307,569,328$18,740,337$6,344,375$234,033,053
95$338,771,106$19,488,321$6,386,618$257,510,320
96$373,150,101$20,267,591$6,424,913$283,371,234
97$411,030,221$21,079,512$6,458,957$311,858,610
98$452,768,405$21,925,510$6,488,433$343,240,019
99$498,757,997$22,807,074$6,513,010$377,810,319
100$549,432,455$23,725,763$6,532,338$415,894,430