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%17.2%
1 years$215,531$213,612$211,738$209,910$208,125$202,030
2 years$106,699$104,712$102,786$100,918$99,107$93,015
3 years$70,426$68,430$66,509$64,659$62,878$56,981
4 years$52,293$50,303$48,402$46,583$44,845$39,188
5 years$41,416$39,438$37,562$35,781$34,090$28,689
6 years$34,167$32,204$30,355$28,614$26,975$21,833
7 years$28,992$27,045$25,225$23,525$21,938$17,056
8 years$25,112$23,183$21,393$19,735$18,199$13,575
9 years$22,095$20,185$18,426$16,810$15,326$10,955
10 years$19,684$17,792$16,064$14,490$13,059$8,934
11 years$17,712$15,839$14,143$12,611$11,231$7,346
12 years$16,070$14,216$12,551$11,061$9,733$6,079
13 years$14,682$12,847$11,214$9,765$8,487$5,057
14 years$13,493$11,678$10,076$8,669$7,440$4,225
15 years$12,463$10,668$9,097$7,731$6,550$3,541
16 years$11,563$9,788$8,248$6,922$5,789$2,977
17 years$10,770$9,014$7,505$6,220$5,133$2,509
18 years$10,066$8,329$6,851$5,605$4,564$2,118
19 years$9,436$7,720$6,272$5,065$4,068$1,791
20 years$8,871$7,173$5,756$4,587$3,634$1,517
21 years$8,359$6,682$5,294$4,163$3,252$1,286
22 years$7,895$6,237$4,880$3,785$2,915$1,091
23 years$7,472$5,834$4,505$3,447$2,617$927
24 years$7,085$5,466$4,167$3,144$2,352$788
25 years$6,729$5,129$3,859$2,871$2,116$670
26 years$6,401$4,821$3,579$2,625$1,906$570
27 years$6,098$4,537$3,324$2,403$1,719$485
28 years$5,817$4,275$3,090$2,202$1,551$413
29 years$5,556$4,033$2,875$2,019$1,400$352
30 years$5,313$3,809$2,678$1,853$1,265$300
31 years$5,086$3,600$2,497$1,702$1,144$255
32 years$4,873$3,407$2,330$1,564$1,035$218
33 years$4,674$3,226$2,175$1,438$936$186
34 years$4,487$3,058$2,032$1,323$848$158
35 years$4,311$2,900$1,900$1,218$768$135
36 years$4,145$2,753$1,778$1,122$696$115
37 years$3,989$2,615$1,664$1,034$631$98
38 years$3,841$2,485$1,558$953$572$84
39 years$3,701$2,363$1,460$879$518$71
40 years$3,568$2,248$1,368$810$470$61
41 years$3,442$2,140$1,283$748$427$52
42 years$3,323$2,038$1,203$690$387$44
43 years$3,209$1,942$1,129$637$351$38
44 years$3,101$1,851$1,060$588$319$32
45 years$2,998$1,765$995$543$290$28
46 years$2,900$1,684$935$502$263$23
47 years$2,806$1,607$878$463$239$20
48 years$2,716$1,534$825$428$217$17
49 years$2,630$1,465$776$396$197$15
50 years$2,548$1,399$729$366$179$12

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 $6,006 every year, while hoping to spend $57,050 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: 57/14/29 Blend
44$2,610,000$2,610,000$2,610,000$2,610,000
45$2,882,415$2,744,085$2,703,630$3,023,412
46$3,115,721$2,817,845$2,733,501$3,194,744
47$3,370,911$2,893,306$2,762,460$3,374,944
48$3,650,159$2,970,493$2,790,418$3,570,213
49$3,955,856$3,049,428$2,817,277$3,782,028
50$4,290,635$3,130,131$2,842,938$4,012,016
51$4,657,397$3,212,625$2,867,294$4,261,971
52$5,059,336$3,296,928$2,890,232$4,533,867
53$5,499,970$3,383,059$2,911,637$4,829,883
54$5,983,173$3,471,035$2,931,382$5,152,418
55$6,513,211$3,560,871$2,949,339$5,504,115
56$7,094,786$3,652,581$2,965,369$5,887,887
57$7,733,075$3,746,177$2,979,329$6,306,946
58$8,433,779$3,841,671$2,991,067$6,764,829
59$9,203,181$3,939,069$3,000,424$7,265,437
60$10,048,200$4,038,378$3,007,233$7,813,067
61$10,976,460$4,139,602$3,011,319$8,412,454
62$11,996,357$4,242,741$3,012,496$9,068,820
63$13,117,143$4,347,793$3,010,573$9,787,917
64$14,349,010$4,454,753$3,005,345$10,576,085
65$15,703,186$4,563,613$2,996,601$11,440,313
66$17,192,041$4,674,360$2,984,117$12,388,303
67$18,829,204$4,786,978$2,967,660$13,428,542
68$20,629,689$4,901,447$2,946,983$14,570,388
69$22,610,042$5,017,742$2,921,832$15,824,150
70$24,788,488$5,135,834$2,891,935$17,201,193
71$27,185,111$5,255,686$2,857,012$18,714,043
72$29,822,038$5,377,260$2,816,767$20,376,505
73$32,723,649$5,500,509$2,770,892$22,203,793
74$35,916,806$5,625,379$2,719,062$24,212,677
75$39,431,109$5,751,811$2,660,939$26,421,639
76$43,299,171$5,879,739$2,596,169$28,851,050
77$47,556,926$6,009,086$2,524,381$31,523,359
78$52,243,972$6,139,771$2,445,187$34,463,310
79$57,403,938$6,271,700$2,358,182$37,698,175
80$63,084,900$6,404,774$2,262,941$41,258,010
81$69,339,831$6,538,879$2,159,021$45,175,940
82$76,227,104$6,673,894$2,045,958$49,488,477
83$83,811,038$6,809,685$1,923,267$54,235,856
84$92,162,511$6,946,106$1,790,443$59,462,425
85$101,359,620$7,082,998$1,646,956$65,217,060
86$111,488,424$7,220,188$1,492,253$71,553,627
87$122,643,756$7,357,490$1,325,756$78,531,494
88$134,930,113$7,494,701$1,146,862$86,216,089
89$148,462,643$7,631,600$954,941$94,679,522
90$163,368,236$7,767,952$749,335$104,001,264
91$179,786,715$7,903,500$529,356$114,268,903
92$197,872,159$8,037,971$294,289$125,578,965
93$217,794,355$8,171,067$43,383$138,037,835
94$239,740,401$8,302,471$0$151,762,755
95$263,916,471$8,431,841$0$166,952,366
96$290,549,760$8,558,811$0$183,698,480
97$319,890,630$8,682,986$0$202,144,862
98$352,214,969$8,803,948$0$222,464,745
99$387,826,800$8,921,245$0$244,849,028
100$427,061,142$9,034,395$0$269,508,079