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

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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$214,706$212,793$210,927$209,106$207,328$205,935
2 years$106,290$104,310$102,392$100,532$98,727$97,323
3 years$70,156$68,168$66,254$64,412$62,637$61,264
4 years$52,093$50,111$48,216$46,405$44,673$43,342
5 years$41,257$39,287$37,418$35,643$33,960$32,675
6 years$34,036$32,081$30,239$28,504$26,871$25,634
7 years$28,880$26,942$25,129$23,435$21,853$20,665
8 years$25,015$23,094$21,311$19,659$18,130$16,989
9 years$22,011$20,107$18,355$16,745$15,268$14,175
10 years$19,608$17,724$16,003$14,434$13,009$11,964
11 years$17,644$15,778$14,088$12,562$11,188$10,190
12 years$16,008$14,162$12,503$11,019$9,695$8,743
13 years$14,625$12,798$11,171$9,728$8,455$7,547
14 years$13,441$11,633$10,037$8,635$7,411$6,548
15 years$12,415$10,627$9,062$7,701$6,525$5,705
16 years$11,519$9,750$8,216$6,896$5,767$4,988
17 years$10,729$8,980$7,476$6,196$5,114$4,374
18 years$10,027$8,298$6,825$5,584$4,547$3,847
19 years$9,400$7,690$6,248$5,045$4,053$3,390
20 years$8,837$7,146$5,734$4,569$3,620$2,993
21 years$8,327$6,656$5,274$4,147$3,239$2,648
22 years$7,865$6,213$4,861$3,771$2,904$2,346
23 years$7,443$5,811$4,488$3,434$2,606$2,081
24 years$7,058$5,445$4,151$3,132$2,343$1,848
25 years$6,703$5,110$3,845$2,860$2,108$1,642
26 years$6,377$4,802$3,566$2,615$1,899$1,461
27 years$6,075$4,519$3,311$2,394$1,712$1,301
28 years$5,795$4,259$3,078$2,193$1,545$1,159
29 years$5,535$4,018$2,864$2,011$1,395$1,034
30 years$5,292$3,794$2,668$1,846$1,260$922
31 years$5,066$3,587$2,487$1,695$1,140$823
32 years$4,855$3,394$2,321$1,558$1,031$735
33 years$4,656$3,214$2,167$1,433$933$656
34 years$4,470$3,046$2,025$1,318$845$586
35 years$4,295$2,889$1,893$1,213$765$524
36 years$4,129$2,742$1,771$1,118$693$469
37 years$3,974$2,604$1,657$1,030$628$419
38 years$3,826$2,475$1,552$949$570$375
39 years$3,687$2,354$1,454$875$516$335
40 years$3,555$2,239$1,363$807$468$300
41 years$3,429$2,132$1,278$745$425$268
42 years$3,310$2,030$1,199$687$386$240
43 years$3,197$1,934$1,125$634$350$215
44 years$3,089$1,844$1,056$586$318$193
45 years$2,986$1,758$991$541$288$172
46 years$2,889$1,677$931$500$262$154
47 years$2,795$1,601$875$462$238$138
48 years$2,706$1,528$822$427$216$124
49 years$2,620$1,459$773$394$196$111
50 years$2,539$1,394$726$364$178$99

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 $6,394 every year, while hoping to spend $49,024 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: 39/35/26 Blend
44$2,600,000$2,600,000$2,600,000$2,600,000
45$2,871,795$2,733,995$2,693,695$2,961,417
46$3,112,557$2,815,800$2,731,773$3,109,014
47$3,376,234$2,899,970$2,769,483$3,263,481
48$3,665,111$2,986,569$2,806,762$3,429,558
49$3,981,705$3,075,664$2,843,541$3,608,333
50$4,328,788$3,167,321$2,879,749$3,801,002
51$4,709,414$3,261,609$2,915,310$4,008,883
52$5,126,945$3,358,599$2,950,144$4,233,425
53$5,585,085$3,458,361$2,984,165$4,476,224
54$6,087,913$3,560,971$3,017,284$4,739,037
55$6,639,925$3,666,503$3,049,408$5,023,796
56$7,246,069$3,775,034$3,080,435$5,332,632
57$7,911,800$3,886,642$3,110,261$5,667,888
58$8,643,124$4,001,408$3,138,776$6,032,147
59$9,446,659$4,119,414$3,165,861$6,428,251
60$10,329,696$4,240,743$3,191,395$6,859,331
61$11,300,266$4,365,480$3,215,248$7,328,836
62$12,367,218$4,493,714$3,237,284$7,840,564
63$13,540,301$4,625,532$3,257,359$8,398,700
64$14,830,254$4,761,025$3,275,323$9,007,852
65$16,248,911$4,900,286$3,291,017$9,673,098
66$17,809,308$5,043,409$3,304,275$10,400,030
67$19,525,811$5,190,490$3,314,922$11,194,811
68$21,414,246$5,341,626$3,322,774$12,064,229
69$23,492,051$5,496,917$3,327,638$13,015,764
70$25,778,439$5,656,465$3,329,313$14,057,655
71$28,294,579$5,820,371$3,327,584$15,198,983
72$31,063,798$5,988,741$3,322,230$16,449,750
73$34,111,797$6,161,681$3,313,017$17,820,980
74$37,466,896$6,339,299$3,299,699$19,324,818
75$41,160,300$6,521,705$3,282,019$20,974,646
76$45,226,392$6,709,010$3,259,708$22,785,209
77$49,703,059$6,901,327$3,232,483$24,772,758
78$54,632,049$7,098,770$3,200,049$26,955,198
79$60,059,363$7,301,455$3,162,096$29,352,257
80$66,035,691$7,509,498$3,118,299$31,985,678
81$72,616,887$7,723,020$3,068,318$34,879,418
82$79,864,501$7,942,139$3,011,798$38,059,879
83$87,846,353$8,166,977$2,948,366$41,556,153
84$96,637,178$8,397,656$2,877,633$45,400,301
85$106,319,328$8,634,298$2,799,191$49,627,651
86$116,983,549$8,877,029$2,712,614$54,277,136
87$128,729,840$9,125,972$2,617,455$59,391,659
88$141,668,392$9,381,254$2,513,249$65,018,500
89$155,920,633$9,642,999$2,399,507$71,209,761
90$171,620,367$9,911,336$2,275,720$78,022,858
91$188,915,042$10,186,389$2,141,354$85,521,067
92$207,967,140$10,468,286$1,995,854$93,774,114
93$228,955,709$10,757,153$1,838,636$102,858,842
94$252,078,054$11,053,116$1,669,093$112,859,931
95$277,551,598$11,356,300$1,486,589$123,870,702
96$305,615,932$11,666,831$1,290,461$135,993,995
97$336,535,082$11,984,830$1,080,016$149,343,140
98$370,599,994$12,310,421$854,531$164,043,033
99$408,131,285$12,643,723$613,249$180,231,310
100$449,482,266$12,984,855$355,382$198,059,647