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%12.8%
1 years$214,706$212,793$210,927$209,106$207,328$204,907
2 years$106,290$104,310$102,392$100,532$98,727$96,291
3 years$70,156$68,168$66,254$64,412$62,637$60,260
4 years$52,093$50,111$48,216$46,405$44,673$42,374
5 years$41,257$39,287$37,418$35,643$33,960$31,746
6 years$34,036$32,081$30,239$28,504$26,871$24,745
7 years$28,880$26,942$25,129$23,435$21,853$19,816
8 years$25,015$23,094$21,311$19,659$18,130$16,180
9 years$22,011$20,107$18,355$16,745$15,268$13,405
10 years$19,608$17,724$16,003$14,434$13,009$11,233
11 years$17,644$15,778$14,088$12,562$11,188$9,497
12 years$16,008$14,162$12,503$11,019$9,695$8,087
13 years$14,625$12,798$11,171$9,728$8,455$6,927
14 years$13,441$11,633$10,037$8,635$7,411$5,962
15 years$12,415$10,627$9,062$7,701$6,525$5,153
16 years$11,519$9,750$8,216$6,896$5,767$4,468
17 years$10,729$8,980$7,476$6,196$5,114$3,886
18 years$10,027$8,298$6,825$5,584$4,547$3,388
19 years$9,400$7,690$6,248$5,045$4,053$2,960
20 years$8,837$7,146$5,734$4,569$3,620$2,591
21 years$8,327$6,656$5,274$4,147$3,239$2,272
22 years$7,865$6,213$4,861$3,771$2,904$1,994
23 years$7,443$5,811$4,488$3,434$2,606$1,753
24 years$7,058$5,445$4,151$3,132$2,343$1,542
25 years$6,703$5,110$3,845$2,860$2,108$1,358
26 years$6,377$4,802$3,566$2,615$1,899$1,197
27 years$6,075$4,519$3,311$2,394$1,712$1,056
28 years$5,795$4,259$3,078$2,193$1,545$932
29 years$5,535$4,018$2,864$2,011$1,395$823
30 years$5,292$3,794$2,668$1,846$1,260$727
31 years$5,066$3,587$2,487$1,695$1,140$642
32 years$4,855$3,394$2,321$1,558$1,031$568
33 years$4,656$3,214$2,167$1,433$933$502
34 years$4,470$3,046$2,025$1,318$845$444
35 years$4,295$2,889$1,893$1,213$765$393
36 years$4,129$2,742$1,771$1,118$693$348
37 years$3,974$2,604$1,657$1,030$628$308
38 years$3,826$2,475$1,552$949$570$273
39 years$3,687$2,354$1,454$875$516$241
40 years$3,555$2,239$1,363$807$468$214
41 years$3,429$2,132$1,278$745$425$189
42 years$3,310$2,030$1,199$687$386$168
43 years$3,197$1,934$1,125$634$350$149
44 years$3,089$1,844$1,056$586$318$132
45 years$2,986$1,758$991$541$288$117
46 years$2,889$1,677$931$500$262$103
47 years$2,795$1,601$875$462$238$92
48 years$2,706$1,528$822$427$216$81
49 years$2,620$1,459$773$394$196$72
50 years$2,539$1,394$726$364$178$64

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 $6,372 every year, while hoping to spend $42,233 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: 42/45/13 Blend
44$2,600,000$2,600,000$2,600,000$2,600,000
45$2,871,773$2,733,973$2,693,673$2,981,196
46$3,119,758$2,823,002$2,738,975$3,147,653
47$3,391,622$2,914,978$2,784,380$3,323,099
48$3,689,757$3,010,001$2,829,845$3,512,152
49$4,016,795$3,108,173$2,875,328$3,716,076
50$4,375,637$3,209,603$2,920,781$3,936,257
51$4,769,479$3,314,401$2,966,154$4,174,220
52$5,201,840$3,422,680$3,011,394$4,431,640
53$5,676,596$3,534,561$3,056,445$4,710,360
54$6,198,020$3,650,165$3,101,246$5,012,407
55$6,770,814$3,769,619$3,145,734$5,340,011
56$7,400,162$3,893,056$3,189,841$5,695,622
57$8,091,773$4,020,610$3,233,496$6,081,938
58$8,851,938$4,152,424$3,276,622$6,501,928
59$9,687,586$4,288,643$3,319,139$6,958,856
60$10,606,352$4,429,419$3,360,962$7,456,316
61$11,616,647$4,574,907$3,402,001$7,998,264
62$12,727,738$4,725,270$3,442,161$8,589,052
63$13,949,835$4,880,676$3,481,342$9,233,472
64$15,294,188$5,041,299$3,519,436$9,936,799
65$16,773,191$5,207,319$3,556,334$10,704,839
66$18,400,501$5,378,922$3,591,915$11,543,986
67$20,191,165$5,556,302$3,626,057$12,461,278
68$22,161,761$5,739,658$3,658,628$13,464,466
69$24,330,558$5,929,199$3,689,489$14,562,085
70$26,717,683$6,125,138$3,718,495$15,763,532
71$29,345,316$6,327,699$3,745,494$17,079,158
72$32,237,894$6,537,111$3,770,323$18,520,361
73$35,422,344$6,753,615$3,792,814$20,099,694
74$38,928,338$6,977,457$3,812,788$21,830,983
75$42,788,570$7,208,894$3,830,058$23,729,457
76$47,039,067$7,448,192$3,844,428$25,811,889
77$51,719,525$7,695,627$3,855,689$28,096,755
78$56,873,687$7,951,484$3,863,626$30,604,408
79$62,549,756$8,216,059$3,868,010$33,357,265
80$68,800,845$8,489,660$3,868,602$36,380,024
81$75,685,481$8,772,603$3,865,150$39,699,891
82$83,268,160$9,065,220$3,857,392$43,346,835
83$91,619,948$9,367,852$3,845,051$47,353,876
84$100,819,160$9,680,854$3,827,837$51,757,388
85$110,952,092$10,004,593$3,805,447$56,597,445
86$122,113,838$10,339,451$3,777,562$61,918,199
87$134,409,188$10,685,823$3,743,849$67,768,293
88$147,953,615$11,044,118$3,703,959$74,201,320
89$162,874,367$11,414,763$3,657,524$81,276,325
90$179,311,664$11,798,199$3,604,163$89,058,367
91$197,420,025$12,194,882$3,543,474$97,619,125
92$217,369,724$12,605,287$3,475,037$107,037,576
93$239,348,398$13,029,908$3,398,412$117,400,741
94$263,562,815$13,469,254$3,313,139$128,804,499
95$290,240,830$13,923,855$3,218,738$141,354,498
96$319,633,533$14,394,263$3,114,704$155,167,143
97$352,017,619$14,881,047$3,000,512$170,370,699
98$387,697,997$15,384,799$2,875,610$187,106,497
99$427,010,673$15,906,134$2,739,423$205,530,267
100$470,325,917$16,445,691$2,591,350$225,813,605