Can I retire at age 45 with 2,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$214,706$212,793$210,927$209,106$207,328$199,496
2 years$106,290$104,310$102,392$100,532$98,727$90,928
3 years$70,156$68,168$66,254$64,412$62,637$55,115
4 years$52,093$50,111$48,216$46,405$44,673$37,486
5 years$41,257$39,287$37,418$35,643$33,960$27,126
6 years$34,036$32,081$30,239$28,504$26,871$20,396
7 years$28,880$26,942$25,129$23,435$21,853$15,735
8 years$25,015$23,094$21,311$19,659$18,130$12,362
9 years$22,011$20,107$18,355$16,745$15,268$9,842
10 years$19,608$17,724$16,003$14,434$13,009$7,916
11 years$17,644$15,778$14,088$12,562$11,188$6,417
12 years$16,008$14,162$12,503$11,019$9,695$5,233
13 years$14,625$12,798$11,171$9,728$8,455$4,289
14 years$13,441$11,633$10,037$8,635$7,411$3,528
15 years$12,415$10,627$9,062$7,701$6,525$2,912
16 years$11,519$9,750$8,216$6,896$5,767$2,409
17 years$10,729$8,980$7,476$6,196$5,114$1,998
18 years$10,027$8,298$6,825$5,584$4,547$1,659
19 years$9,400$7,690$6,248$5,045$4,053$1,380
20 years$8,837$7,146$5,734$4,569$3,620$1,149
21 years$8,327$6,656$5,274$4,147$3,239$958
22 years$7,865$6,213$4,861$3,771$2,904$799
23 years$7,443$5,811$4,488$3,434$2,606$667
24 years$7,058$5,445$4,151$3,132$2,343$557
25 years$6,703$5,110$3,845$2,860$2,108$465
26 years$6,377$4,802$3,566$2,615$1,899$389
27 years$6,075$4,519$3,311$2,394$1,712$325
28 years$5,795$4,259$3,078$2,193$1,545$272
29 years$5,535$4,018$2,864$2,011$1,395$228
30 years$5,292$3,794$2,668$1,846$1,260$190
31 years$5,066$3,587$2,487$1,695$1,140$159
32 years$4,855$3,394$2,321$1,558$1,031$133
33 years$4,656$3,214$2,167$1,433$933$112
34 years$4,470$3,046$2,025$1,318$845$93
35 years$4,295$2,889$1,893$1,213$765$78
36 years$4,129$2,742$1,771$1,118$693$66
37 years$3,974$2,604$1,657$1,030$628$55
38 years$3,826$2,475$1,552$949$570$46
39 years$3,687$2,354$1,454$875$516$38
40 years$3,555$2,239$1,363$807$468$32
41 years$3,429$2,132$1,278$745$425$27
42 years$3,310$2,030$1,199$687$386$23
43 years$3,197$1,934$1,125$634$350$19
44 years$3,089$1,844$1,056$586$318$16
45 years$2,986$1,758$991$541$288$13
46 years$2,889$1,677$931$500$262$11
47 years$2,795$1,601$875$462$238$9
48 years$2,706$1,528$822$427$216$8
49 years$2,620$1,459$773$394$196$7
50 years$2,539$1,394$726$364$178$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,600,000, adding $5,097 every year, while hoping to spend $40,930 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: 60/35/5 Blend
44$2,600,000$2,600,000$2,600,000$2,600,000
45$2,870,458$2,732,658$2,692,358$3,039,949
46$3,119,695$2,823,009$2,739,002$3,244,233
47$3,392,983$2,916,415$2,785,838$3,461,755
48$3,692,731$3,012,983$2,832,827$3,697,945
49$4,021,594$3,112,824$2,879,932$3,954,597
50$4,382,496$3,216,051$2,927,108$4,233,683
51$4,778,656$3,322,783$2,974,312$4,537,374
52$5,213,623$3,433,144$3,021,496$4,868,060
53$5,691,304$3,547,259$3,068,607$5,228,367
54$6,216,004$3,665,262$3,115,593$5,621,188
55$6,792,466$3,787,289$3,162,394$6,049,705
56$7,425,913$3,913,482$3,208,950$6,517,423
57$8,122,101$4,043,988$3,255,195$7,028,197
58$8,887,370$4,178,958$3,301,059$7,586,272
59$9,728,707$4,318,552$3,346,470$8,196,322
60$10,653,808$4,462,934$3,391,349$8,863,492
61$11,671,150$4,612,272$3,435,613$9,593,445
62$12,790,078$4,766,743$3,479,176$10,392,420
63$14,020,883$4,926,530$3,521,946$11,267,284
64$15,374,905$5,091,823$3,563,823$12,225,601
65$16,864,641$5,262,818$3,604,707$13,275,700
66$18,503,857$5,439,718$3,644,487$14,426,752
67$20,307,722$5,622,736$3,683,049$15,688,859
68$22,292,950$5,812,091$3,720,271$17,073,147
69$24,477,957$6,008,010$3,756,027$18,591,871
70$26,883,036$6,210,729$3,790,181$20,258,526
71$29,530,545$6,420,494$3,822,591$22,087,980
72$32,445,121$6,637,559$3,853,108$24,096,608
73$35,653,911$6,862,187$3,881,576$26,302,450
74$39,186,829$7,094,653$3,907,827$28,725,375
75$43,076,835$7,335,241$3,931,689$31,387,274
76$47,360,250$7,584,245$3,952,978$34,312,259
77$52,077,095$7,841,972$3,971,502$37,526,897
78$57,271,470$8,108,740$3,987,059$41,060,453
79$62,991,970$8,384,879$3,999,436$44,945,168
80$69,292,144$8,670,731$4,008,410$49,216,563
81$76,230,998$8,966,653$4,013,747$53,913,772
82$83,873,554$9,273,012$4,015,202$59,079,909
83$92,291,460$9,590,194$4,012,515$64,762,479
84$101,563,671$9,918,595$4,005,416$71,013,816
85$111,777,190$10,258,631$3,993,622$77,891,586
86$123,027,889$10,610,730$3,976,834$85,459,323
87$135,421,417$10,975,339$3,954,742$93,787,027
88$149,074,192$11,352,921$3,927,016$102,951,830
89$164,114,504$11,743,958$3,893,315$113,038,716
90$180,683,722$12,148,951$3,853,280$124,141,324
91$198,937,631$12,568,418$3,806,533$136,362,830
92$219,047,899$13,002,901$3,752,682$149,816,920
93$241,203,702$13,452,960$3,691,314$164,628,862
94$265,613,503$13,919,179$3,621,997$180,936,685
95$292,507,026$14,402,164$3,544,280$198,892,480
96$322,137,418$14,902,545$3,457,688$218,663,837
97$354,783,642$15,420,977$3,361,728$240,435,422
98$390,753,109$15,958,141$3,255,881$264,410,717
99$430,384,580$16,514,744$3,139,608$290,813,945
100$474,051,363$17,091,522$3,012,340$319,892,178