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%12.8%
1 years$219,660$217,704$215,795$213,932$212,112$209,635
2 years$108,743$106,717$104,755$102,852$101,006$98,513
3 years$71,775$69,741$67,783$65,898$64,082$61,651
4 years$53,295$51,267$49,329$47,476$45,704$43,352
5 years$42,210$40,194$38,281$36,466$34,743$32,478
6 years$34,822$32,821$30,937$29,162$27,491$25,316
7 years$29,547$27,563$25,709$23,976$22,358$20,273
8 years$25,593$23,627$21,803$20,113$18,548$16,553
9 years$22,519$20,571$18,779$17,132$15,620$13,715
10 years$20,061$18,133$16,372$14,768$13,309$11,492
11 years$18,051$16,143$14,414$12,852$11,446$9,716
12 years$16,378$14,489$12,792$11,273$9,919$8,273
13 years$14,963$13,094$11,429$9,952$8,650$7,087
14 years$13,751$11,902$10,269$8,835$7,582$6,100
15 years$12,702$10,872$9,271$7,879$6,676$5,271
16 years$11,785$9,975$8,406$7,055$5,900$4,571
17 years$10,976$9,187$7,649$6,339$5,232$3,976
18 years$10,259$8,489$6,982$5,712$4,652$3,466
19 years$9,617$7,868$6,392$5,162$4,146$3,029
20 years$9,040$7,311$5,866$4,675$3,703$2,651
21 years$8,519$6,810$5,396$4,243$3,314$2,324
22 years$8,046$6,357$4,973$3,858$2,971$2,040
23 years$7,615$5,945$4,592$3,513$2,667$1,793
24 years$7,220$5,570$4,247$3,204$2,397$1,578
25 years$6,858$5,227$3,933$2,926$2,157$1,390
26 years$6,524$4,913$3,648$2,676$1,943$1,225
27 years$6,215$4,624$3,387$2,449$1,752$1,080
28 years$5,929$4,357$3,149$2,244$1,580$953
29 years$5,662$4,110$2,930$2,058$1,427$842
30 years$5,415$3,882$2,730$1,888$1,289$743
31 years$5,183$3,669$2,545$1,734$1,166$657
32 years$4,967$3,472$2,374$1,594$1,055$581
33 years$4,764$3,288$2,217$1,466$954$514
34 years$4,573$3,116$2,071$1,349$864$454
35 years$4,394$2,956$1,937$1,242$783$402
36 years$4,225$2,806$1,812$1,143$709$356
37 years$4,065$2,665$1,696$1,053$643$315
38 years$3,914$2,532$1,588$971$583$279
39 years$3,772$2,408$1,488$895$528$247
40 years$3,637$2,291$1,394$826$479$219
41 years$3,508$2,181$1,307$762$435$194
42 years$3,387$2,077$1,226$703$395$172
43 years$3,271$1,979$1,151$649$358$152
44 years$3,160$1,886$1,080$599$325$135
45 years$3,055$1,799$1,014$554$295$119
46 years$2,955$1,716$953$511$268$106
47 years$2,860$1,638$895$472$243$94
48 years$2,768$1,563$841$436$221$83
49 years$2,681$1,493$791$403$201$74
50 years$2,597$1,426$743$373$182$65

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 $4,289 every year, while hoping to spend $57,559 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: 71/13/16 Blend
44$2,660,000$2,660,000$2,660,000$2,660,000
45$2,935,744$2,794,764$2,753,534$3,133,059
46$3,173,948$2,870,465$2,784,535$3,340,410
47$3,434,519$2,947,947$2,814,646$3,559,993
48$3,719,678$3,027,235$2,843,775$3,798,905
49$4,031,872$3,108,355$2,871,827$4,059,045
50$4,373,791$3,191,333$2,898,702$4,342,508
51$4,748,403$3,276,194$2,924,294$4,651,599
52$5,158,972$3,362,959$2,948,490$4,988,860
53$5,609,096$3,451,653$2,971,173$5,357,087
54$6,102,735$3,542,295$2,992,219$5,759,363
55$6,644,253$3,634,907$3,011,497$6,199,083
56$7,238,456$3,729,506$3,028,871$6,679,987
57$7,890,637$3,826,110$3,044,197$7,206,196
58$8,606,627$3,924,735$3,057,322$7,782,249
59$9,392,849$4,025,393$3,068,088$8,413,147
60$10,256,378$4,128,096$3,076,328$9,104,401
61$11,205,010$4,232,853$3,081,866$9,862,081
62$12,247,330$4,339,672$3,084,517$10,692,877
63$13,392,798$4,448,556$3,084,089$11,604,159
64$14,651,835$4,559,507$3,080,378$12,604,046
65$16,035,922$4,672,524$3,073,171$13,701,488
66$17,557,709$4,787,600$3,062,245$14,906,344
67$19,231,132$4,904,728$3,047,366$16,229,477
68$21,071,543$5,023,896$3,028,289$17,682,859
69$23,095,859$5,145,086$3,004,755$19,279,681
70$25,322,719$5,268,277$2,976,497$21,034,478
71$27,772,657$5,393,444$2,943,231$22,963,269
72$30,468,301$5,520,555$2,904,661$25,083,703
73$33,434,579$5,649,573$2,860,479$27,415,230
74$36,698,960$5,780,457$2,810,360$29,979,284
75$40,291,712$5,913,157$2,753,964$32,799,482
76$44,246,182$6,047,617$2,690,937$35,901,852
77$48,599,116$6,183,774$2,620,907$39,315,074
78$53,391,004$6,321,557$2,543,486$43,070,754
79$58,666,460$6,460,887$2,458,266$47,203,723
80$64,474,645$6,601,676$2,364,824$51,752,362
81$70,869,726$6,743,826$2,262,713$56,758,968
82$77,911,394$6,887,229$2,151,470$62,270,151
83$85,665,420$7,031,768$2,030,608$68,337,277
84$94,204,280$7,177,311$1,899,620$75,016,951
85$103,607,834$7,323,717$1,757,975$82,371,550
86$113,964,084$7,470,830$1,605,118$90,469,817
87$125,370,002$7,618,482$1,440,471$99,387,505
88$137,932,443$7,766,488$1,263,428$109,208,097
89$151,769,156$7,914,650$1,073,356$120,023,590
90$167,009,894$8,062,751$869,597$131,935,367
91$183,797,635$8,210,559$651,461$145,055,153
92$202,289,938$8,357,820$418,229$159,506,070
93$222,660,420$8,504,262$169,149$175,423,802
94$245,100,405$8,649,593$0$192,957,873
95$269,820,720$8,793,496$0$212,289,564
96$297,053,689$8,935,633$0$233,615,851
97$327,055,326$9,075,640$0$257,108,085
98$360,107,747$9,213,124$0$282,986,948
99$396,521,838$9,347,668$0$311,495,623
100$436,640,184$9,478,823$0$342,902,094