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

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$215,531$213,612$211,738$209,910$208,125$204,341
2 years$106,699$104,712$102,786$100,918$99,107$95,308
3 years$70,426$68,430$66,509$64,659$62,878$59,182
4 years$52,293$50,303$48,402$46,583$44,845$41,282
5 years$41,416$39,438$37,562$35,781$34,090$30,669
6 years$34,167$32,204$30,355$28,614$26,975$23,700
7 years$28,992$27,045$25,225$23,525$21,938$18,809
8 years$25,112$23,183$21,393$19,735$18,199$15,217
9 years$22,095$20,185$18,426$16,810$15,326$12,489
10 years$19,684$17,792$16,064$14,490$13,059$10,363
11 years$17,712$15,839$14,143$12,611$11,231$8,674
12 years$16,070$14,216$12,551$11,061$9,733$7,311
13 years$14,682$12,847$11,214$9,765$8,487$6,197
14 years$13,493$11,678$10,076$8,669$7,440$5,277
15 years$12,463$10,668$9,097$7,731$6,550$4,511
16 years$11,563$9,788$8,248$6,922$5,789$3,869
17 years$10,770$9,014$7,505$6,220$5,133$3,327
18 years$10,066$8,329$6,851$5,605$4,564$2,867
19 years$9,436$7,720$6,272$5,065$4,068$2,476
20 years$8,871$7,173$5,756$4,587$3,634$2,141
21 years$8,359$6,682$5,294$4,163$3,252$1,855
22 years$7,895$6,237$4,880$3,785$2,915$1,609
23 years$7,472$5,834$4,505$3,447$2,617$1,397
24 years$7,085$5,466$4,167$3,144$2,352$1,214
25 years$6,729$5,129$3,859$2,871$2,116$1,055
26 years$6,401$4,821$3,579$2,625$1,906$918
27 years$6,098$4,537$3,324$2,403$1,719$800
28 years$5,817$4,275$3,090$2,202$1,551$697
29 years$5,556$4,033$2,875$2,019$1,400$607
30 years$5,313$3,809$2,678$1,853$1,265$529
31 years$5,086$3,600$2,497$1,702$1,144$462
32 years$4,873$3,407$2,330$1,564$1,035$403
33 years$4,674$3,226$2,175$1,438$936$351
34 years$4,487$3,058$2,032$1,323$848$307
35 years$4,311$2,900$1,900$1,218$768$268
36 years$4,145$2,753$1,778$1,122$696$234
37 years$3,989$2,615$1,664$1,034$631$204
38 years$3,841$2,485$1,558$953$572$178
39 years$3,701$2,363$1,460$879$518$156
40 years$3,568$2,248$1,368$810$470$136
41 years$3,442$2,140$1,283$748$427$119
42 years$3,323$2,038$1,203$690$387$104
43 years$3,209$1,942$1,129$637$351$91
44 years$3,101$1,851$1,060$588$319$79
45 years$2,998$1,765$995$543$290$69
46 years$2,900$1,684$935$502$263$61
47 years$2,806$1,607$878$463$239$53
48 years$2,716$1,534$825$428$217$46
49 years$2,630$1,465$776$396$197$40
50 years$2,548$1,399$729$366$179$35

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 $5,265 every year, while hoping to spend $38,629 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: 67/27/6 Blend
44$2,610,000$2,610,000$2,610,000$2,610,000
45$2,881,651$2,743,321$2,702,866$3,071,780
46$3,134,478$2,836,643$2,752,311$3,291,839
47$3,411,799$2,933,242$2,802,118$3,527,153
48$3,716,072$3,033,240$2,852,258$3,783,353
49$4,050,003$3,136,760$2,902,700$4,062,470
50$4,416,573$3,243,932$2,953,410$4,366,742
51$4,819,069$3,354,890$3,004,354$4,698,628
52$5,261,106$3,469,772$3,055,493$5,060,838
53$5,746,673$3,588,724$3,106,786$5,456,353
54$6,280,158$3,711,897$3,158,188$5,888,454
55$6,866,400$3,839,445$3,209,653$6,360,756
56$7,510,727$3,971,532$3,261,130$6,877,234
57$8,219,009$4,108,326$3,312,567$7,442,269
58$8,997,716$4,250,001$3,363,905$8,060,681
59$9,853,972$4,396,740$3,415,085$8,737,781
60$10,795,629$4,548,732$3,466,042$9,479,414
61$11,831,336$4,706,173$3,516,707$10,292,019
62$12,970,623$4,869,267$3,567,008$11,182,685
63$14,223,992$5,038,226$3,616,868$12,159,221
64$15,603,010$5,213,270$3,666,204$13,230,226
65$17,120,426$5,394,629$3,714,931$14,405,171
66$18,790,284$5,582,540$3,762,956$15,694,490
67$20,628,061$5,777,252$3,810,182$17,109,672
68$22,650,807$5,979,022$3,856,507$18,663,374
69$24,877,312$6,188,117$3,901,823$20,369,537
70$27,328,279$6,404,815$3,946,015$22,243,521
71$30,026,518$6,629,406$3,988,961$24,302,241
72$32,997,167$6,862,191$4,030,536$26,564,334
73$36,267,922$7,103,483$4,070,603$29,050,332
74$39,869,304$7,353,607$4,109,021$31,782,850
75$43,834,940$7,612,901$4,145,641$34,786,807
76$48,201,890$7,881,719$4,180,306$38,089,653
77$53,010,985$8,160,425$4,212,848$41,721,631
78$58,307,222$8,449,403$4,243,095$45,716,060
79$64,140,182$8,749,047$4,270,863$50,109,650
80$70,564,501$9,059,771$4,295,957$54,942,846
81$77,640,385$9,382,004$4,318,176$60,260,208
82$85,434,175$9,716,193$4,337,306$66,110,834
83$94,018,977$10,062,803$4,353,122$72,548,819
84$103,475,351$10,422,319$4,365,390$79,633,765
85$113,892,068$10,795,243$4,373,861$87,431,344
86$125,366,950$11,182,101$4,378,277$96,013,915
87$138,007,793$11,583,439$4,378,364$105,461,206
88$151,933,386$11,999,825$4,373,836$115,861,065
89$167,274,625$12,431,851$4,364,394$127,310,292
90$184,175,759$12,880,133$4,349,723$139,915,542
91$202,795,740$13,345,313$4,329,492$153,794,341
92$223,309,732$13,828,060$4,303,357$169,076,186
93$245,910,759$14,329,069$4,270,954$185,903,771
94$270,811,529$14,849,066$4,231,903$204,434,328
95$298,246,440$15,388,806$4,185,808$224,841,112
96$328,473,795$15,949,076$4,132,250$247,315,036
97$361,778,236$16,530,694$4,070,795$272,066,468
98$398,473,434$17,134,516$4,000,984$299,327,218
99$438,905,047$17,761,429$3,922,339$329,352,722
100$483,453,985$18,412,363$3,834,361$362,424,453