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

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 $2,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$217,183$215,248$213,361$211,519$209,720$208,311
2 years$107,516$105,514$103,573$101,692$99,867$98,446
3 years$70,966$68,955$67,019$65,155$63,359$61,970
4 years$52,694$50,689$48,773$46,940$45,189$43,842
5 years$41,734$39,741$37,849$36,055$34,352$33,052
6 years$34,429$32,451$30,588$28,833$27,181$25,930
7 years$29,214$27,253$25,419$23,705$22,106$20,903
8 years$25,304$23,360$21,557$19,886$18,339$17,185
9 years$22,265$20,339$18,567$16,938$15,444$14,339
10 years$19,835$17,928$16,187$14,601$13,159$12,102
11 years$17,848$15,960$14,251$12,707$11,317$10,308
12 years$16,193$14,325$12,647$11,146$9,807$8,844
13 years$14,794$12,946$11,300$9,840$8,552$7,634
14 years$13,596$11,767$10,153$8,735$7,497$6,623
15 years$12,559$10,750$9,167$7,790$6,601$5,770
16 years$11,652$9,863$8,311$6,975$5,834$5,045
17 years$10,853$9,083$7,563$6,267$5,173$4,425
18 years$10,143$8,393$6,904$5,648$4,599$3,891
19 years$9,509$7,779$6,320$5,103$4,099$3,429
20 years$8,939$7,228$5,800$4,622$3,662$3,028
21 years$8,423$6,733$5,335$4,195$3,277$2,678
22 years$7,956$6,285$4,917$3,814$2,937$2,373
23 years$7,529$5,878$4,540$3,474$2,637$2,105
24 years$7,139$5,508$4,199$3,168$2,370$1,869
25 years$6,781$5,169$3,889$2,893$2,132$1,661
26 years$6,450$4,858$3,607$2,645$1,921$1,478
27 years$6,145$4,572$3,349$2,421$1,732$1,316
28 years$5,862$4,308$3,113$2,219$1,563$1,173
29 years$5,599$4,064$2,897$2,035$1,411$1,045
30 years$5,354$3,838$2,699$1,867$1,275$933
31 years$5,125$3,628$2,516$1,715$1,153$832
32 years$4,911$3,433$2,347$1,576$1,043$743
33 years$4,710$3,251$2,192$1,449$944$664
34 years$4,521$3,081$2,048$1,333$854$593
35 years$4,344$2,922$1,915$1,227$774$530
36 years$4,177$2,774$1,791$1,130$701$474
37 years$4,019$2,635$1,676$1,042$635$424
38 years$3,870$2,504$1,570$960$576$379
39 years$3,729$2,381$1,471$885$522$339
40 years$3,596$2,265$1,379$816$474$303
41 years$3,469$2,156$1,293$753$430$272
42 years$3,348$2,054$1,213$695$390$243
43 years$3,234$1,957$1,138$642$354$218
44 years$3,125$1,865$1,068$593$321$195
45 years$3,021$1,778$1,003$547$292$174
46 years$2,922$1,697$942$506$265$156
47 years$2,827$1,619$885$467$241$140
48 years$2,737$1,546$832$432$218$125
49 years$2,650$1,476$782$399$198$112
50 years$2,568$1,410$735$369$180$100

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 $5,449 every year, while hoping to spend $29,184 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: 50/38/12 Blend
44$2,630,000$2,630,000$2,630,000$2,630,000
45$2,903,881$2,764,491$2,723,726$3,039,402
46$3,169,025$2,868,899$2,783,919$3,237,282
47$3,460,236$2,977,446$2,845,151$3,448,673
48$3,780,141$3,090,302$2,907,424$3,677,726
49$4,131,636$3,207,647$2,970,744$3,926,105
50$4,517,910$3,329,669$3,035,111$4,195,644
51$4,942,477$3,456,563$3,100,527$4,488,357
52$5,409,207$3,588,532$3,166,992$4,806,459
53$5,922,366$3,725,790$3,234,506$5,152,382
54$6,486,652$3,868,557$3,303,066$5,528,806
55$7,107,241$4,017,067$3,372,670$5,938,674
56$7,789,837$4,171,561$3,443,312$6,385,225
57$8,540,724$4,332,292$3,514,986$6,872,022
58$9,366,826$4,499,522$3,587,686$7,402,983
59$10,275,771$4,673,527$3,661,403$7,982,421
60$11,275,965$4,854,595$3,736,125$8,615,079
61$12,376,668$5,043,025$3,811,840$9,306,180
62$13,588,086$5,239,131$3,888,534$10,061,470
63$14,921,462$5,443,240$3,966,191$10,887,271
64$16,389,185$5,655,692$4,044,792$11,790,544
65$18,004,906$5,876,845$4,124,317$12,778,951
66$19,783,667$6,107,072$4,204,743$13,860,926
67$21,742,044$6,346,761$4,286,044$15,045,753
68$23,898,299$6,596,319$4,368,193$16,343,654
69$26,272,556$6,856,169$4,451,159$17,765,884
70$28,886,992$7,126,757$4,534,908$19,324,833
71$31,766,041$7,408,544$4,619,403$21,034,146
72$34,936,630$7,702,015$4,704,605$22,908,847
73$38,428,427$8,007,675$4,790,471$24,965,480
74$42,274,129$8,326,053$4,876,954$27,222,265
75$46,509,760$8,657,700$4,964,002$29,699,267
76$51,175,022$9,003,194$5,051,563$32,418,583
77$56,313,661$9,363,137$5,139,576$35,404,552
78$61,973,882$9,738,158$5,227,980$38,683,977
79$68,208,808$10,128,917$5,316,707$42,286,383
80$75,076,973$10,536,101$5,405,684$46,244,290
81$82,642,884$10,960,430$5,494,834$50,593,516
82$90,977,622$11,402,655$5,584,074$55,373,516
83$100,159,515$11,863,561$5,673,317$60,627,754
84$110,274,881$12,343,970$5,762,467$66,404,104
85$121,418,835$12,844,741$5,851,426$72,755,307
86$133,696,193$13,366,770$5,940,087$79,739,460
87$147,222,461$13,910,998$6,028,335$87,420,567
88$162,124,919$14,478,404$6,116,051$95,869,136
89$178,543,829$15,070,014$6,203,108$105,162,846
90$196,633,757$15,686,902$6,289,369$115,387,271
91$216,565,029$16,330,189$6,374,692$126,636,692
92$238,525,341$17,001,047$6,458,923$139,014,979
93$262,721,531$17,700,705$6,541,903$152,636,569
94$289,381,531$18,430,443$6,623,460$167,627,541
95$318,756,517$19,191,604$6,703,416$184,126,807
96$351,123,281$19,985,591$6,781,579$202,287,416
97$386,786,842$20,813,872$6,857,749$222,277,994
98$426,083,330$21,677,982$6,931,714$244,284,334
99$469,383,153$22,579,527$7,003,249$268,511,144
100$517,094,497$23,520,186$7,072,120$295,183,974