Can I retire at age 45 with 2,610,000?

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$215,531$213,612$211,738$209,910$208,125$205,015
2 years$106,699$104,712$102,786$100,918$99,107$95,981
3 years$70,426$68,430$66,509$64,659$62,878$59,832
4 years$52,293$50,303$48,402$46,583$44,845$41,904
5 years$41,416$39,438$37,562$35,781$34,090$31,262
6 years$34,167$32,204$30,355$28,614$26,975$24,263
7 years$28,992$27,045$25,225$23,525$21,938$19,343
8 years$25,112$23,183$21,393$19,735$18,199$15,722
9 years$22,095$20,185$18,426$16,810$15,326$12,964
10 years$19,684$17,792$16,064$14,490$13,059$10,810
11 years$17,712$15,839$14,143$12,611$11,231$9,094
12 years$16,070$14,216$12,551$11,061$9,733$7,705
13 years$14,682$12,847$11,214$9,765$8,487$6,565
14 years$13,493$11,678$10,076$8,669$7,440$5,621
15 years$12,463$10,668$9,097$7,731$6,550$4,831
16 years$11,563$9,788$8,248$6,922$5,789$4,166
17 years$10,770$9,014$7,505$6,220$5,133$3,603
18 years$10,066$8,329$6,851$5,605$4,564$3,123
19 years$9,436$7,720$6,272$5,065$4,068$2,713
20 years$8,871$7,173$5,756$4,587$3,634$2,361
21 years$8,359$6,682$5,294$4,163$3,252$2,057
22 years$7,895$6,237$4,880$3,785$2,915$1,795
23 years$7,472$5,834$4,505$3,447$2,617$1,568
24 years$7,085$5,466$4,167$3,144$2,352$1,371
25 years$6,729$5,129$3,859$2,871$2,116$1,200
26 years$6,401$4,821$3,579$2,625$1,906$1,051
27 years$6,098$4,537$3,324$2,403$1,719$921
28 years$5,817$4,275$3,090$2,202$1,551$807
29 years$5,556$4,033$2,875$2,019$1,400$708
30 years$5,313$3,809$2,678$1,853$1,265$622
31 years$5,086$3,600$2,497$1,702$1,144$546
32 years$4,873$3,407$2,330$1,564$1,035$479
33 years$4,674$3,226$2,175$1,438$936$421
34 years$4,487$3,058$2,032$1,323$848$370
35 years$4,311$2,900$1,900$1,218$768$325
36 years$4,145$2,753$1,778$1,122$696$286
37 years$3,989$2,615$1,664$1,034$631$251
38 years$3,841$2,485$1,558$953$572$221
39 years$3,701$2,363$1,460$879$518$194
40 years$3,568$2,248$1,368$810$470$171
41 years$3,442$2,140$1,283$748$427$150
42 years$3,323$2,038$1,203$690$387$132
43 years$3,209$1,942$1,129$637$351$116
44 years$3,101$1,851$1,060$588$319$102
45 years$2,998$1,765$995$543$290$90
46 years$2,900$1,684$935$502$263$79
47 years$2,806$1,607$878$463$239$70
48 years$2,716$1,534$825$428$217$61
49 years$2,630$1,465$776$396$197$54
50 years$2,548$1,399$729$366$179$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,610,000, adding $5,869 every year, while hoping to spend $37,309 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: 38/32/30 Blend
44$2,610,000$2,610,000$2,610,000$2,610,000
45$2,882,274$2,743,944$2,703,489$2,965,894
46$3,136,569$2,838,701$2,754,359$3,122,914
47$3,415,552$2,936,850$2,805,683$3,288,681
48$3,721,702$3,038,519$2,857,437$3,467,142
49$4,057,748$3,143,839$2,909,594$3,659,476
50$4,426,699$3,252,948$2,962,126$3,866,979
51$4,831,867$3,365,987$3,015,002$4,091,078
52$5,276,902$3,483,105$3,068,189$4,333,340
53$5,765,825$3,604,456$3,121,652$4,595,489
54$6,303,064$3,730,199$3,175,352$4,879,423
55$6,893,499$3,860,501$3,229,248$5,187,227
56$7,542,505$3,995,534$3,283,298$5,521,198
57$8,256,004$4,135,480$3,337,452$5,883,860
58$9,040,522$4,280,523$3,391,662$6,277,994
59$9,903,246$4,430,860$3,445,874$6,706,659
60$10,852,097$4,586,692$3,500,030$7,173,221
61$11,895,800$4,748,229$3,554,070$7,681,387
62$13,043,970$4,915,691$3,607,930$8,235,235
63$14,307,199$5,089,304$3,661,540$8,839,258
64$15,697,160$5,269,305$3,714,827$9,498,399
65$17,226,710$5,455,942$3,767,714$10,218,102
66$18,910,021$5,649,469$3,820,119$11,004,362
67$20,762,704$5,850,154$3,871,954$11,863,780
68$22,801,963$6,058,275$3,923,128$12,803,622
69$25,046,752$6,274,119$3,973,541$13,831,895
70$27,517,958$6,497,988$4,023,092$14,957,413
71$30,238,595$6,730,194$4,071,671$16,189,886
72$33,234,021$6,971,064$4,119,161$17,540,005
73$36,532,180$7,220,935$4,165,442$19,019,549
74$40,163,863$7,480,161$4,210,385$20,641,490
75$44,162,997$7,749,109$4,253,853$22,420,117
76$48,566,969$8,028,162$4,295,703$24,371,171
77$53,416,976$8,317,717$4,335,785$26,511,990
78$58,758,413$8,618,191$4,373,939$28,861,674
79$64,641,303$8,930,014$4,409,998$31,441,263
80$71,120,768$9,253,637$4,443,785$34,273,938
81$78,257,549$9,589,528$4,475,115$37,385,233
82$86,118,579$9,938,175$4,503,792$40,803,282
83$94,777,616$10,300,087$4,529,610$44,559,078
84$104,315,934$10,675,794$4,552,354$48,686,768
85$114,823,098$11,065,846$4,571,797$53,223,971
86$126,397,802$11,470,820$4,587,699$58,212,136
87$139,148,801$11,891,314$4,599,810$63,696,930
88$153,195,943$12,327,952$4,607,868$69,728,667
89$168,671,293$12,781,386$4,611,596$76,362,786
90$185,720,383$13,252,292$4,610,703$83,660,366
91$204,503,587$13,741,379$4,604,886$91,688,709
92$225,197,629$14,249,382$4,593,825$100,521,969
93$247,997,255$14,777,070$4,577,186$110,241,851
94$273,117,071$15,325,243$4,554,618$120,938,385
95$300,793,567$15,894,735$4,525,753$132,710,770
96$331,287,351$16,486,416$4,490,206$145,668,310
97$364,885,605$17,101,195$4,447,572$159,931,445
98$401,904,799$17,740,017$4,397,428$175,632,887
99$442,693,679$18,403,867$4,339,332$192,918,872
100$487,636,554$19,093,777$4,272,820$211,950,534