Can I retire at age 45 with 2,870,000?

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 $2,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$237,002$234,891$232,831$230,821$228,858$225,904
2 years$117,328$115,143$113,025$110,972$108,980$106,009
3 years$77,441$75,247$73,135$71,101$69,141$66,244
4 years$57,502$55,314$53,223$51,224$49,312$46,512
5 years$45,542$43,367$41,303$39,345$37,486$34,791
6 years$37,571$35,413$33,379$31,464$29,662$27,075
7 years$31,880$29,739$27,738$25,869$24,123$21,645
8 years$27,613$25,492$23,524$21,701$20,012$17,643
9 years$24,296$22,196$20,261$18,484$16,853$14,592
10 years$21,645$19,564$17,664$15,933$14,360$12,205
11 years$19,476$17,417$15,551$13,867$12,350$10,299
12 years$17,671$15,632$13,802$12,163$10,702$8,753
13 years$16,144$14,127$12,331$10,738$9,332$7,483
14 years$14,837$12,841$11,079$9,532$8,181$6,428
15 years$13,705$11,731$10,003$8,501$7,203$5,544
16 years$12,715$10,763$9,069$7,612$6,366$4,798
17 years$11,843$9,912$8,253$6,839$5,645$4,164
18 years$11,068$9,159$7,534$6,163$5,019$3,623
19 years$10,376$8,489$6,897$5,569$4,473$3,158
20 years$9,754$7,888$6,329$5,044$3,996$2,758
21 years$9,192$7,347$5,822$4,578$3,576$2,413
22 years$8,682$6,859$5,366$4,162$3,205$2,113
23 years$8,216$6,415$4,954$3,791$2,877$1,853
24 years$7,791$6,010$4,582$3,457$2,586$1,627
25 years$7,399$5,640$4,244$3,157$2,327$1,429
26 years$7,039$5,301$3,936$2,887$2,096$1,257
27 years$6,706$4,989$3,655$2,642$1,890$1,106
28 years$6,397$4,701$3,398$2,421$1,705$973
29 years$6,110$4,435$3,162$2,220$1,540$857
30 years$5,842$4,188$2,945$2,038$1,391$756
31 years$5,592$3,959$2,746$1,871$1,258$666
32 years$5,359$3,746$2,562$1,720$1,138$587
33 years$5,140$3,548$2,392$1,581$1,030$518
34 years$4,934$3,362$2,235$1,455$932$457
35 years$4,741$3,189$2,089$1,340$844$404
36 years$4,558$3,027$1,955$1,234$765$356
37 years$4,386$2,875$1,829$1,137$693$315
38 years$4,224$2,732$1,713$1,048$629$278
39 years$4,070$2,598$1,605$966$570$245
40 years$3,924$2,472$1,504$891$517$217
41 years$3,785$2,353$1,411$822$469$191
42 years$3,654$2,241$1,323$759$426$169
43 years$3,529$2,135$1,242$700$386$149
44 years$3,410$2,035$1,166$647$351$132
45 years$3,297$1,941$1,094$597$318$117
46 years$3,188$1,851$1,028$552$289$103
47 years$3,085$1,767$966$510$262$91
48 years$2,987$1,687$907$471$238$81
49 years$2,892$1,611$853$435$216$71
50 years$2,802$1,539$802$402$197$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,870,000, adding $3,790 every year, while hoping to spend $59,023 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: 63/24/13 Blend
44$2,870,000$2,870,000$2,870,000$2,870,000
45$3,166,649$3,014,539$2,970,054$3,356,146
46$3,426,848$3,099,452$3,006,751$3,568,461
47$3,711,608$3,186,547$3,042,699$3,793,074
48$4,023,373$3,275,869$3,077,811$4,036,890
49$4,364,834$3,367,463$3,111,994$4,301,774
50$4,738,952$3,461,374$3,145,151$4,589,781
51$5,148,991$3,557,647$3,177,180$4,903,176
52$5,598,544$3,656,328$3,207,971$5,244,449
53$6,091,569$3,757,461$3,237,411$5,616,345
54$6,632,424$3,861,092$3,265,380$6,021,884
55$7,225,911$3,967,265$3,291,750$6,464,396
56$7,877,319$4,076,026$3,316,388$6,947,544
57$8,592,473$4,187,419$3,339,155$7,475,367
58$9,377,790$4,301,487$3,359,901$8,052,310
59$10,240,339$4,418,275$3,378,473$8,683,271
60$11,187,908$4,537,824$3,394,706$9,373,647
61$12,229,075$4,660,178$3,408,429$10,129,381
62$13,373,291$4,785,377$3,419,462$10,957,020
63$14,630,968$4,913,462$3,427,615$11,863,778
64$16,013,576$5,044,471$3,432,689$12,857,602
65$17,533,754$5,178,443$3,434,477$13,947,247
66$19,205,423$5,315,413$3,432,759$15,142,359
67$21,043,924$5,455,416$3,427,304$16,453,567
68$23,066,158$5,598,486$3,417,873$17,892,580
69$25,290,747$5,744,652$3,404,211$19,472,301
70$27,738,206$5,893,943$3,386,056$21,206,945
71$30,431,142$6,046,385$3,363,127$23,112,175
72$33,394,462$6,202,001$3,335,136$25,205,252
73$36,655,610$6,360,812$3,301,776$27,505,193
74$40,244,825$6,522,834$3,262,728$30,032,953
75$44,195,425$6,688,081$3,217,657$32,811,623
76$48,544,124$6,856,563$3,166,215$35,866,647
77$53,331,375$7,028,284$3,108,033$39,226,062
78$58,601,751$7,203,246$3,042,728$42,920,764
79$64,404,368$7,381,444$2,969,898$46,984,796
80$70,793,348$7,562,869$2,889,124$51,455,675
81$77,828,325$7,747,506$2,799,965$56,374,740
82$85,575,013$7,935,332$2,701,962$61,787,546
83$94,105,821$8,126,320$2,594,635$67,744,293
84$103,500,539$8,320,434$2,477,480$74,300,301
85$113,847,090$8,517,632$2,349,971$81,516,529
86$125,242,359$8,717,861$2,211,561$89,460,155
87$137,793,105$8,921,062$2,061,674$98,205,206
88$151,616,972$9,127,164$1,899,710$107,833,259
89$166,843,597$9,336,088$1,725,044$118,434,211
90$183,615,830$9,547,743$1,537,019$130,107,129
91$202,091,088$9,762,026$1,334,952$142,961,183
92$222,442,835$9,978,821$1,118,129$157,116,678
93$244,862,222$10,198,001$885,804$172,706,191
94$269,559,888$10,419,422$637,198$189,875,819
95$296,767,950$10,642,928$371,498$208,786,564
96$326,742,192$10,868,343$87,855$229,615,850
97$359,764,481$11,095,476$0$252,559,198
98$396,145,422$11,324,119$0$277,861,875
99$436,227,296$11,554,042$0$305,746,466
100$480,387,284$11,784,994$0$336,462,572