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%17.9%
1 years$217,183$215,248$213,361$211,519$209,720$203,007
2 years$107,516$105,514$103,573$101,692$99,867$93,165
3 years$70,966$68,955$67,019$65,155$63,359$56,880
4 years$52,694$50,689$48,773$46,940$45,189$38,981
5 years$41,734$39,741$37,849$36,055$34,352$28,432
6 years$34,429$32,451$30,588$28,833$27,181$21,555
7 years$29,214$27,253$25,419$23,705$22,106$16,772
8 years$25,304$23,360$21,557$19,886$18,339$13,294
9 years$22,265$20,339$18,567$16,938$15,444$10,682
10 years$19,835$17,928$16,187$14,601$13,159$8,673
11 years$17,848$15,960$14,251$12,707$11,317$7,099
12 years$16,193$14,325$12,647$11,146$9,807$5,848
13 years$14,794$12,946$11,300$9,840$8,552$4,842
14 years$13,596$11,767$10,153$8,735$7,497$4,025
15 years$12,559$10,750$9,167$7,790$6,601$3,358
16 years$11,652$9,863$8,311$6,975$5,834$2,808
17 years$10,853$9,083$7,563$6,267$5,173$2,354
18 years$10,143$8,393$6,904$5,648$4,599$1,978
19 years$9,509$7,779$6,320$5,103$4,099$1,664
20 years$8,939$7,228$5,800$4,622$3,662$1,401
21 years$8,423$6,733$5,335$4,195$3,277$1,182
22 years$7,956$6,285$4,917$3,814$2,937$997
23 years$7,529$5,878$4,540$3,474$2,637$842
24 years$7,139$5,508$4,199$3,168$2,370$712
25 years$6,781$5,169$3,889$2,893$2,132$602
26 years$6,450$4,858$3,607$2,645$1,921$509
27 years$6,145$4,572$3,349$2,421$1,732$431
28 years$5,862$4,308$3,113$2,219$1,563$365
29 years$5,599$4,064$2,897$2,035$1,411$309
30 years$5,354$3,838$2,699$1,867$1,275$262
31 years$5,125$3,628$2,516$1,715$1,153$222
32 years$4,911$3,433$2,347$1,576$1,043$188
33 years$4,710$3,251$2,192$1,449$944$159
34 years$4,521$3,081$2,048$1,333$854$135
35 years$4,344$2,922$1,915$1,227$774$114
36 years$4,177$2,774$1,791$1,130$701$97
37 years$4,019$2,635$1,676$1,042$635$82
38 years$3,870$2,504$1,570$960$576$70
39 years$3,729$2,381$1,471$885$522$59
40 years$3,596$2,265$1,379$816$474$50
41 years$3,469$2,156$1,293$753$430$43
42 years$3,348$2,054$1,213$695$390$36
43 years$3,234$1,957$1,138$642$354$31
44 years$3,125$1,865$1,068$593$321$26
45 years$3,021$1,778$1,003$547$292$22
46 years$2,922$1,697$942$506$265$19
47 years$2,827$1,619$885$467$241$16
48 years$2,737$1,546$832$432$218$13
49 years$2,650$1,476$782$399$198$11
50 years$2,568$1,410$735$369$180$10

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 $2,841 every year, while hoping to spend $56,354 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: 49/45/6 Blend
44$2,630,000$2,630,000$2,630,000$2,630,000
45$2,901,190$2,761,800$2,721,035$3,038,807
46$3,137,152$2,837,168$2,752,230$3,208,390
47$3,395,292$2,914,341$2,782,581$3,386,232
48$3,677,815$2,993,346$2,812,000$3,578,051
49$3,987,145$3,074,213$2,840,395$3,785,166
50$4,325,954$3,156,970$2,867,669$4,009,026
51$4,697,184$3,241,644$2,893,718$4,251,227
52$5,104,073$3,328,261$2,918,434$4,513,522
53$5,550,190$3,416,847$2,941,703$4,797,845
54$6,039,464$3,507,427$2,963,404$5,106,321
55$6,576,223$3,600,025$2,983,413$5,441,291
56$7,165,235$3,694,664$3,001,594$5,805,332
57$7,811,751$3,791,364$3,017,809$6,201,281
58$8,521,554$3,890,146$3,031,911$6,632,262
59$9,301,018$3,991,028$3,043,745$7,101,715
60$10,157,160$4,094,026$3,053,148$7,613,427
61$11,097,712$4,199,156$3,059,951$8,171,571
62$12,131,194$4,306,429$3,063,974$8,780,741
63$13,266,988$4,415,857$3,065,030$9,445,997
64$14,515,433$4,527,446$3,062,921$10,172,915
65$15,887,919$4,641,203$3,057,440$10,967,633
66$17,396,994$4,757,129$3,048,371$11,836,916
67$19,056,482$4,875,223$3,035,487$12,788,214
68$20,881,616$4,995,481$3,018,548$13,829,735
69$22,889,176$5,117,895$2,997,305$14,970,522
70$25,097,653$5,242,453$2,971,495$16,220,538
71$27,527,418$5,369,138$2,940,846$17,590,759
72$30,200,919$5,497,930$2,905,068$19,093,277
73$33,142,886$5,628,802$2,863,861$20,741,416
74$36,380,571$5,761,724$2,816,911$22,549,858
75$39,943,998$5,896,657$2,763,886$24,534,778
76$43,866,252$6,033,559$2,704,443$26,714,000
77$48,183,787$6,172,381$2,638,218$29,107,161
78$52,936,770$6,313,065$2,564,836$31,735,902
79$58,169,462$6,455,547$2,483,900$34,624,068
80$63,930,633$6,599,754$2,394,996$37,797,934
81$70,274,022$6,745,606$2,297,692$41,286,454
82$77,258,844$6,893,013$2,191,537$45,121,533
83$84,950,349$7,041,873$2,076,056$49,338,328
84$93,420,437$7,192,078$1,950,757$53,975,581
85$102,748,337$7,343,505$1,815,123$59,075,985
86$113,021,352$7,496,021$1,668,613$64,686,587
87$124,335,683$7,649,479$1,510,666$70,859,229
88$136,797,341$7,803,722$1,340,690$77,651,043
89$150,523,139$7,958,573$1,158,073$85,124,987
90$165,641,801$8,113,845$962,170$93,350,441
91$182,295,173$8,269,333$752,312$102,403,861
92$200,639,564$8,424,813$527,797$112,369,503
93$220,847,217$8,580,046$287,896$123,340,215
94$243,107,936$8,734,771$31,843$135,418,319
95$267,630,879$8,888,709$0$148,716,575
96$294,646,530$9,041,556$0$163,374,700
97$324,408,871$9,192,988$0$179,517,360
98$357,197,786$9,342,654$0$197,293,479
99$393,321,695$9,490,180$0$216,869,421
100$433,120,470$9,635,160$0$238,428,519