Can I retire at age 45 with 2,660,000?

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 $2,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$219,660$217,704$215,795$213,932$212,112$209,548
2 years$108,743$106,717$104,755$102,852$101,006$98,426
3 years$71,775$69,741$67,783$65,898$64,082$61,566
4 years$53,295$51,267$49,329$47,476$45,704$43,271
5 years$42,210$40,194$38,281$36,466$34,743$32,401
6 years$34,822$32,821$30,937$29,162$27,491$25,242
7 years$29,547$27,563$25,709$23,976$22,358$20,202
8 years$25,593$23,627$21,803$20,113$18,548$16,486
9 years$22,519$20,571$18,779$17,132$15,620$13,651
10 years$20,061$18,133$16,372$14,768$13,309$11,432
11 years$18,051$16,143$14,414$12,852$11,446$9,659
12 years$16,378$14,489$12,792$11,273$9,919$8,220
13 years$14,963$13,094$11,429$9,952$8,650$7,036
14 years$13,751$11,902$10,269$8,835$7,582$6,052
15 years$12,702$10,872$9,271$7,879$6,676$5,227
16 years$11,785$9,975$8,406$7,055$5,900$4,530
17 years$10,976$9,187$7,649$6,339$5,232$3,937
18 years$10,259$8,489$6,982$5,712$4,652$3,430
19 years$9,617$7,868$6,392$5,162$4,146$2,994
20 years$9,040$7,311$5,866$4,675$3,703$2,619
21 years$8,519$6,810$5,396$4,243$3,314$2,294
22 years$8,046$6,357$4,973$3,858$2,971$2,013
23 years$7,615$5,945$4,592$3,513$2,667$1,768
24 years$7,220$5,570$4,247$3,204$2,397$1,554
25 years$6,858$5,227$3,933$2,926$2,157$1,368
26 years$6,524$4,913$3,648$2,676$1,943$1,204
27 years$6,215$4,624$3,387$2,449$1,752$1,061
28 years$5,929$4,357$3,149$2,244$1,580$936
29 years$5,662$4,110$2,930$2,058$1,427$826
30 years$5,415$3,882$2,730$1,888$1,289$729
31 years$5,183$3,669$2,545$1,734$1,166$644
32 years$4,967$3,472$2,374$1,594$1,055$568
33 years$4,764$3,288$2,217$1,466$954$502
34 years$4,573$3,116$2,071$1,349$864$444
35 years$4,394$2,956$1,937$1,242$783$393
36 years$4,225$2,806$1,812$1,143$709$347
37 years$4,065$2,665$1,696$1,053$643$307
38 years$3,914$2,532$1,588$971$583$272
39 years$3,772$2,408$1,488$895$528$240
40 years$3,637$2,291$1,394$826$479$213
41 years$3,508$2,181$1,307$762$435$188
42 years$3,387$2,077$1,226$703$395$166
43 years$3,271$1,979$1,151$649$358$147
44 years$3,160$1,886$1,080$599$325$130
45 years$3,055$1,799$1,014$554$295$115
46 years$2,955$1,716$953$511$268$102
47 years$2,860$1,638$895$472$243$91
48 years$2,768$1,563$841$436$221$80
49 years$2,681$1,493$791$403$201$71
50 years$2,597$1,426$743$373$182$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,660,000, adding $5,206 every year, while hoping to spend $54,959 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: 63/9/28 Blend
44$2,660,000$2,660,000$2,660,000$2,660,000
45$2,936,690$2,795,710$2,754,480$3,099,442
46$3,177,756$2,874,224$2,788,279$3,288,981
47$3,441,570$2,954,743$2,821,369$3,489,457
48$3,730,392$3,037,307$2,853,666$3,707,264
49$4,046,714$3,121,958$2,885,086$3,944,111
50$4,393,279$3,208,734$2,915,537$4,201,880
51$4,773,109$3,297,677$2,944,923$4,482,644
52$5,189,531$3,388,828$2,973,142$4,788,688
53$5,646,208$3,482,226$3,000,088$5,122,530
54$6,147,178$3,577,912$3,025,648$5,486,942
55$6,696,887$3,675,926$3,049,704$5,884,982
56$7,300,231$3,776,308$3,072,130$6,320,016
57$7,962,604$3,879,096$3,092,796$6,795,756
58$8,689,948$3,984,330$3,111,563$7,316,290
59$9,488,808$4,092,049$3,128,286$7,886,124
60$10,366,396$4,202,288$3,142,813$8,510,225
61$11,330,655$4,315,086$3,154,983$9,194,064
62$12,390,334$4,430,478$3,164,628$9,943,671
63$13,555,075$4,548,499$3,171,570$10,765,692
64$14,835,500$4,669,182$3,175,625$11,667,450
65$16,243,308$4,792,559$3,176,595$12,657,015
66$17,791,392$4,918,661$3,174,278$13,743,282
67$19,493,956$5,047,518$3,168,458$14,936,052
68$21,366,648$5,179,155$3,158,910$16,246,128
69$23,426,711$5,313,598$3,145,398$17,685,414
70$25,693,141$5,450,869$3,127,675$19,267,030
71$28,186,869$5,590,990$3,105,480$21,005,435
72$30,930,958$5,733,977$3,078,542$22,916,562
73$33,950,818$5,879,845$3,046,575$25,017,974
74$37,274,449$6,028,604$3,009,283$27,329,022
75$40,932,700$6,180,263$2,966,351$29,871,037
76$44,959,565$6,334,826$2,917,454$32,667,524
77$49,392,500$6,492,291$2,862,248$35,744,389
78$54,272,777$6,652,655$2,800,375$39,130,181
79$59,645,872$6,815,907$2,731,459$42,856,364
80$65,561,897$6,982,033$2,655,109$46,957,613
81$72,076,070$7,151,011$2,570,914$51,472,144
82$79,249,234$7,322,816$2,478,445$56,442,072
83$87,148,435$7,497,413$2,377,252$61,913,811
84$95,847,551$7,674,762$2,266,866$67,938,512
85$105,427,992$7,854,816$2,146,796$74,572,549
86$115,979,463$8,037,518$2,016,530$81,878,048
87$127,600,816$8,222,804$1,875,531$89,923,476
88$140,400,977$8,410,599$1,723,239$98,784,288
89$154,499,978$8,600,820$1,559,069$108,543,641
90$170,030,087$8,793,372$1,382,410$119,293,177
91$187,137,058$8,988,149$1,192,622$131,133,894
92$205,981,502$9,185,033$989,040$144,177,093
93$226,740,409$9,383,893$770,966$158,545,439
94$249,608,811$9,584,584$537,674$174,374,110
95$274,801,628$9,786,947$288,404$191,812,083
96$302,555,693$9,990,806$22,364$211,023,537
97$333,131,987$10,195,969$0$232,189,404
98$366,818,106$10,402,228$0$255,587,220
99$403,930,968$10,609,352$0$281,370,798
100$444,819,811$10,817,095$0$309,775,884