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

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 $2,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$219,660$217,704$215,795$213,932$212,112$209,375
2 years$108,743$106,717$104,755$102,852$101,006$98,252
3 years$71,775$69,741$67,783$65,898$64,082$61,397
4 years$53,295$51,267$49,329$47,476$45,704$43,109
5 years$42,210$40,194$38,281$36,466$34,743$32,246
6 years$34,822$32,821$30,937$29,162$27,491$25,094
7 years$29,547$27,563$25,709$23,976$22,358$20,061
8 years$25,593$23,627$21,803$20,113$18,548$16,352
9 years$22,519$20,571$18,779$17,132$15,620$13,524
10 years$20,061$18,133$16,372$14,768$13,309$11,312
11 years$18,051$16,143$14,414$12,852$11,446$9,546
12 years$16,378$14,489$12,792$11,273$9,919$8,113
13 years$14,963$13,094$11,429$9,952$8,650$6,936
14 years$13,751$11,902$10,269$8,835$7,582$5,958
15 years$12,702$10,872$9,271$7,879$6,676$5,138
16 years$11,785$9,975$8,406$7,055$5,900$4,447
17 years$10,976$9,187$7,649$6,339$5,232$3,859
18 years$10,259$8,489$6,982$5,712$4,652$3,358
19 years$9,617$7,868$6,392$5,162$4,146$2,927
20 years$9,040$7,311$5,866$4,675$3,703$2,557
21 years$8,519$6,810$5,396$4,243$3,314$2,236
22 years$8,046$6,357$4,973$3,858$2,971$1,959
23 years$7,615$5,945$4,592$3,513$2,667$1,718
24 years$7,220$5,570$4,247$3,204$2,397$1,508
25 years$6,858$5,227$3,933$2,926$2,157$1,325
26 years$6,524$4,913$3,648$2,676$1,943$1,165
27 years$6,215$4,624$3,387$2,449$1,752$1,025
28 years$5,929$4,357$3,149$2,244$1,580$902
29 years$5,662$4,110$2,930$2,058$1,427$795
30 years$5,415$3,882$2,730$1,888$1,289$700
31 years$5,183$3,669$2,545$1,734$1,166$617
32 years$4,967$3,472$2,374$1,594$1,055$544
33 years$4,764$3,288$2,217$1,466$954$480
34 years$4,573$3,116$2,071$1,349$864$424
35 years$4,394$2,956$1,937$1,242$783$374
36 years$4,225$2,806$1,812$1,143$709$330
37 years$4,065$2,665$1,696$1,053$643$292
38 years$3,914$2,532$1,588$971$583$257
39 years$3,772$2,408$1,488$895$528$227
40 years$3,637$2,291$1,394$826$479$201
41 years$3,508$2,181$1,307$762$435$177
42 years$3,387$2,077$1,226$703$395$157
43 years$3,271$1,979$1,151$649$358$139
44 years$3,160$1,886$1,080$599$325$122
45 years$3,055$1,799$1,014$554$295$108
46 years$2,955$1,716$953$511$268$96
47 years$2,860$1,638$895$472$243$84
48 years$2,768$1,563$841$436$221$75
49 years$2,681$1,493$791$403$201$66
50 years$2,597$1,426$743$373$182$58

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 $2,829 every year, while hoping to spend $46,188 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: 67/23/10 Blend
44$2,660,000$2,660,000$2,660,000$2,660,000
45$2,934,238$2,793,258$2,752,028$3,124,575
46$3,184,387$2,880,984$2,795,077$3,339,203
47$3,458,502$2,971,461$2,838,021$3,567,990
48$3,758,981$3,064,774$2,880,806$3,816,913
49$4,088,462$3,161,012$2,923,377$4,087,938
50$4,449,850$3,260,267$2,965,676$4,383,225
51$4,846,348$3,362,633$3,007,639$4,705,155
52$5,281,481$3,468,207$3,049,200$5,056,349
53$5,759,132$3,577,090$3,090,289$5,439,689
54$6,283,581$3,689,385$3,130,831$5,858,354
55$6,859,540$3,805,198$3,170,747$6,315,839
56$7,492,200$3,924,640$3,209,954$6,815,997
57$8,187,280$4,047,823$3,248,364$7,363,068
58$8,951,081$4,174,865$3,285,882$7,961,722
59$9,790,544$4,305,886$3,322,412$8,617,104
60$10,713,315$4,441,010$3,357,848$9,334,879
61$11,727,820$4,580,366$3,392,083$10,121,287
62$12,843,338$4,724,084$3,424,998$10,983,200
63$14,070,097$4,872,303$3,456,474$11,928,190
64$15,419,363$5,025,162$3,486,382$12,964,596
65$16,903,548$5,182,805$3,514,586$14,101,603
66$18,536,330$5,345,382$3,540,944$15,349,332
67$20,332,777$5,513,047$3,565,307$16,718,929
68$22,309,492$5,685,959$3,587,517$18,222,677
69$24,484,770$5,864,280$3,607,408$19,874,105
70$26,878,767$6,048,180$3,624,807$21,688,119
71$29,513,692$6,237,832$3,639,530$23,681,139
72$32,414,019$6,433,417$3,651,384$25,871,259
73$35,606,712$6,635,117$3,660,169$28,278,412
74$39,121,484$6,843,125$3,665,671$30,924,560
75$42,991,073$7,057,635$3,667,669$33,833,900
76$47,251,555$7,278,852$3,665,928$37,033,093
77$51,942,680$7,506,983$3,660,204$40,551,514
78$57,108,252$7,742,243$3,650,239$44,421,529
79$62,796,536$7,984,856$3,635,764$48,678,802
80$69,060,717$8,235,048$3,616,497$53,362,628
81$75,959,401$8,493,056$3,592,140$58,516,303
82$83,557,167$8,759,123$3,562,384$64,187,536
83$91,925,177$9,033,499$3,526,903$70,428,897
84$101,141,848$9,316,443$3,485,357$77,298,310
85$111,293,588$9,608,220$3,437,388$84,859,603
86$122,475,617$9,909,106$3,382,623$93,183,108
87$134,792,861$10,219,383$3,320,672$102,346,323
88$148,360,942$10,539,342$3,251,124$112,434,647
89$163,307,273$10,869,285$3,173,551$123,542,181
90$179,772,255$11,209,520$3,087,506$135,772,619
91$197,910,606$11,560,368$2,992,518$149,240,224
92$217,892,819$11,922,157$2,888,098$164,070,907
93$239,906,770$12,295,226$2,773,734$180,403,413
94$264,159,494$12,679,926$2,648,887$198,390,635
95$290,879,137$13,076,616$2,512,999$218,201,050
96$320,317,107$13,485,669$2,365,483$240,020,315
97$352,750,451$13,907,466$2,205,726$264,053,012
98$388,484,469$14,342,403$2,033,089$290,524,586
99$427,855,590$14,790,886$1,846,903$319,683,467
100$471,234,555$15,253,335$1,646,470$351,803,417