Can I retire at age 45 with 2,630,000?

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 $2,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$217,183$215,248$213,361$211,519$209,720$203,660
2 years$107,516$105,514$103,573$101,692$99,867$93,809
3 years$70,966$68,955$67,019$65,155$63,359$57,495
4 years$52,694$50,689$48,773$46,940$45,189$39,561
5 years$41,734$39,741$37,849$36,055$34,352$28,977
6 years$34,429$32,451$30,588$28,833$27,181$22,065
7 years$29,214$27,253$25,419$23,705$22,106$17,247
8 years$25,304$23,360$21,557$19,886$18,339$13,735
9 years$22,265$20,339$18,567$16,938$15,444$11,091
10 years$19,835$17,928$16,187$14,601$13,159$9,050
11 years$17,848$15,960$14,251$12,707$11,317$7,446
12 years$16,193$14,325$12,647$11,146$9,807$6,166
13 years$14,794$12,946$11,300$9,840$8,552$5,133
14 years$13,596$11,767$10,153$8,735$7,497$4,291
15 years$12,559$10,750$9,167$7,790$6,601$3,600
16 years$11,652$9,863$8,311$6,975$5,834$3,028
17 years$10,853$9,083$7,563$6,267$5,173$2,554
18 years$10,143$8,393$6,904$5,648$4,599$2,158
19 years$9,509$7,779$6,320$5,103$4,099$1,826
20 years$8,939$7,228$5,800$4,622$3,662$1,548
21 years$8,423$6,733$5,335$4,195$3,277$1,313
22 years$7,956$6,285$4,917$3,814$2,937$1,115
23 years$7,529$5,878$4,540$3,474$2,637$948
24 years$7,139$5,508$4,199$3,168$2,370$806
25 years$6,781$5,169$3,889$2,893$2,132$686
26 years$6,450$4,858$3,607$2,645$1,921$584
27 years$6,145$4,572$3,349$2,421$1,732$498
28 years$5,862$4,308$3,113$2,219$1,563$424
29 years$5,599$4,064$2,897$2,035$1,411$362
30 years$5,354$3,838$2,699$1,867$1,275$308
31 years$5,125$3,628$2,516$1,715$1,153$263
32 years$4,911$3,433$2,347$1,576$1,043$224
33 years$4,710$3,251$2,192$1,449$944$191
34 years$4,521$3,081$2,048$1,333$854$163
35 years$4,344$2,922$1,915$1,227$774$139
36 years$4,177$2,774$1,791$1,130$701$119
37 years$4,019$2,635$1,676$1,042$635$102
38 years$3,870$2,504$1,570$960$576$87
39 years$3,729$2,381$1,471$885$522$74
40 years$3,596$2,265$1,379$816$474$63
41 years$3,469$2,156$1,293$753$430$54
42 years$3,348$2,054$1,213$695$390$46
43 years$3,234$1,957$1,138$642$354$39
44 years$3,125$1,865$1,068$593$321$34
45 years$3,021$1,778$1,003$547$292$29
46 years$2,922$1,697$942$506$265$24
47 years$2,827$1,619$885$467$241$21
48 years$2,737$1,546$832$432$218$18
49 years$2,650$1,476$782$399$198$15
50 years$2,568$1,410$735$369$180$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,630,000, adding $5,236 every year, while hoping to spend $22,900 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: 37/43/20 Blend
44$2,630,000$2,630,000$2,630,000$2,630,000
45$2,903,661$2,764,271$2,723,506$2,993,413
46$3,175,469$2,875,355$2,790,378$3,170,119
47$3,474,234$2,991,114$2,858,723$3,358,330
48$3,802,681$3,111,754$2,928,565$3,561,157
49$4,163,813$3,237,489$2,999,931$3,779,925
50$4,560,939$3,368,542$3,072,845$4,016,090
51$4,997,702$3,505,148$3,147,333$4,271,248
52$5,478,119$3,647,552$3,223,420$4,547,153
53$6,006,614$3,796,009$3,301,131$4,845,729
54$6,588,061$3,950,786$3,380,492$5,169,091
55$7,227,833$4,112,164$3,461,528$5,519,559
56$7,931,847$4,280,435$3,544,264$5,899,683
57$8,706,624$4,455,905$3,628,726$6,312,267
58$9,559,348$4,638,893$3,714,937$6,760,387
59$10,497,937$4,829,734$3,802,922$7,247,430
60$11,531,113$5,028,778$3,892,707$7,777,113
61$12,668,488$5,236,389$3,984,314$8,353,527
62$13,920,654$5,452,952$4,077,768$8,981,167
63$15,299,279$5,678,866$4,173,092$9,664,977
64$16,817,224$5,914,549$4,270,309$10,410,393
65$18,488,658$6,160,439$4,369,442$11,223,396
66$20,329,195$6,416,994$4,470,512$12,110,562
67$22,356,040$6,684,693$4,573,541$13,079,129
68$24,588,150$6,964,038$4,678,549$14,137,055
69$27,046,418$7,255,552$4,785,556$15,293,100
70$29,753,862$7,559,783$4,894,582$16,556,901
71$32,735,850$7,877,307$5,005,644$17,939,065
72$36,020,334$8,208,722$5,118,761$19,451,262
73$39,638,117$8,554,658$5,233,948$21,106,340
74$43,623,140$8,915,771$5,351,221$22,918,437
75$48,012,806$9,292,750$5,470,593$24,903,118
76$52,848,332$9,686,315$5,592,077$27,077,514
77$58,175,135$10,097,218$5,715,685$29,460,489
78$64,043,265$10,526,247$5,841,427$32,072,805
79$70,507,874$10,974,229$5,969,310$34,937,324
80$77,629,737$11,442,026$6,099,341$38,079,219
81$85,475,826$11,930,542$6,231,526$41,526,205
82$94,119,944$12,440,722$6,365,866$45,308,802
83$103,643,419$12,973,558$6,502,362$49,460,617
84$114,135,869$13,530,084$6,641,014$54,018,659
85$125,696,056$14,111,386$6,781,815$59,023,684
86$138,432,809$14,718,599$6,924,761$64,520,579
87$152,466,057$15,352,912$7,069,842$70,558,777
88$167,927,959$16,015,569$7,217,046$77,192,724
89$184,964,151$16,707,872$7,366,358$84,482,386
90$203,735,123$17,431,186$7,517,759$92,493,813
91$224,417,729$18,186,938$7,671,228$101,299,754
92$247,206,862$18,976,623$7,826,739$110,980,346
93$272,317,291$19,801,806$7,984,264$121,623,857
94$299,985,686$20,664,126$8,143,768$133,327,521
95$330,472,857$21,565,299$8,305,215$146,198,446
96$364,066,210$22,507,121$8,468,562$160,354,621
97$401,082,468$23,491,473$8,633,762$175,926,026
98$441,870,650$24,520,327$8,800,764$193,055,848
99$486,815,378$25,595,744$8,969,511$211,901,831
100$536,340,496$26,719,884$9,139,939$232,637,757