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%16.2%
1 years$219,660$217,704$215,795$213,932$212,112$206,733
2 years$108,743$106,717$104,755$102,852$101,006$95,621
3 years$71,775$69,741$67,783$65,898$64,082$58,861
4 years$53,295$51,267$49,329$47,476$45,704$40,686
5 years$42,210$40,194$38,281$36,466$34,743$29,942
6 years$34,822$32,821$30,937$29,162$27,491$22,912
7 years$29,547$27,563$25,709$23,976$22,358$18,001
8 years$25,593$23,627$21,803$20,113$18,548$14,411
9 years$22,519$20,571$18,779$17,132$15,620$11,700
10 years$20,061$18,133$16,372$14,768$13,309$9,601
11 years$18,051$16,143$14,414$12,852$11,446$7,945
12 years$16,378$14,489$12,792$11,273$9,919$6,619
13 years$14,963$13,094$11,429$9,952$8,650$5,543
14 years$13,751$11,902$10,269$8,835$7,582$4,663
15 years$12,702$10,872$9,271$7,879$6,676$3,936
16 years$11,785$9,975$8,406$7,055$5,900$3,333
17 years$10,976$9,187$7,649$6,339$5,232$2,829
18 years$10,259$8,489$6,982$5,712$4,652$2,406
19 years$9,617$7,868$6,392$5,162$4,146$2,050
20 years$9,040$7,311$5,866$4,675$3,703$1,750
21 years$8,519$6,810$5,396$4,243$3,314$1,495
22 years$8,046$6,357$4,973$3,858$2,971$1,278
23 years$7,615$5,945$4,592$3,513$2,667$1,094
24 years$7,220$5,570$4,247$3,204$2,397$937
25 years$6,858$5,227$3,933$2,926$2,157$804
26 years$6,524$4,913$3,648$2,676$1,943$689
27 years$6,215$4,624$3,387$2,449$1,752$592
28 years$5,929$4,357$3,149$2,244$1,580$508
29 years$5,662$4,110$2,930$2,058$1,427$436
30 years$5,415$3,882$2,730$1,888$1,289$375
31 years$5,183$3,669$2,545$1,734$1,166$322
32 years$4,967$3,472$2,374$1,594$1,055$277
33 years$4,764$3,288$2,217$1,466$954$238
34 years$4,573$3,116$2,071$1,349$864$204
35 years$4,394$2,956$1,937$1,242$783$176
36 years$4,225$2,806$1,812$1,143$709$151
37 years$4,065$2,665$1,696$1,053$643$130
38 years$3,914$2,532$1,588$971$583$112
39 years$3,772$2,408$1,488$895$528$96
40 years$3,637$2,291$1,394$826$479$83
41 years$3,508$2,181$1,307$762$435$71
42 years$3,387$2,077$1,226$703$395$61
43 years$3,271$1,979$1,151$649$358$53
44 years$3,160$1,886$1,080$599$325$45
45 years$3,055$1,799$1,014$554$295$39
46 years$2,955$1,716$953$511$268$34
47 years$2,860$1,638$895$472$243$29
48 years$2,768$1,563$841$436$221$25
49 years$2,681$1,493$791$403$201$21
50 years$2,597$1,426$743$373$182$18

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 $2,451 every year, while hoping to spend $40,574 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: 55/26/19 Blend
44$2,660,000$2,660,000$2,660,000$2,660,000
45$2,933,848$2,792,868$2,751,638$3,080,068
46$3,189,930$2,886,548$2,800,648$3,273,890
47$3,470,773$2,983,459$2,849,939$3,480,321
48$3,778,859$3,083,715$2,899,479$3,704,229
49$4,116,922$3,187,438$2,949,232$3,947,298
50$4,487,976$3,294,750$2,999,159$4,211,378
51$4,895,338$3,405,781$3,049,219$4,498,508
52$5,342,663$3,520,664$3,099,368$4,810,932
53$5,833,976$3,639,539$3,149,559$5,151,118
54$6,373,715$3,762,549$3,199,741$5,521,784
55$6,966,763$3,889,843$3,249,863$5,925,922
56$7,618,505$4,021,578$3,299,865$6,366,826
57$8,334,871$4,157,913$3,349,688$6,848,122
58$9,122,392$4,299,016$3,399,268$7,373,803
59$9,988,268$4,445,059$3,448,535$7,948,265
60$10,940,429$4,596,224$3,497,418$8,576,350
61$11,987,610$4,752,697$3,545,839$9,263,389
62$13,139,438$4,914,671$3,593,717$10,015,254
63$14,406,520$5,082,349$3,640,965$10,838,410
64$15,800,539$5,255,938$3,687,492$11,739,980
65$17,334,372$5,435,657$3,733,201$12,727,807
66$19,022,205$5,621,731$3,777,990$13,810,532
67$20,879,668$5,814,394$3,821,751$14,997,670
68$22,923,984$6,013,890$3,864,370$16,299,705
69$25,174,130$6,220,470$3,905,725$17,728,184
70$27,651,015$6,434,397$3,945,691$19,295,828
71$30,377,681$6,655,944$3,984,134$21,016,648
72$33,379,513$6,885,394$4,020,911$22,906,083
73$36,684,487$7,123,042$4,055,875$24,981,138
74$40,323,426$7,369,192$4,088,868$27,260,549
75$44,330,296$7,624,163$4,119,726$29,764,957
76$48,742,524$7,888,285$4,148,275$32,517,103
77$53,601,352$8,161,901$4,174,332$35,542,040
78$58,952,223$8,445,368$4,197,706$38,867,373
79$64,845,214$8,739,056$4,218,193$42,523,515
80$71,335,506$9,043,350$4,235,583$46,543,973
81$78,483,905$9,358,651$4,249,652$50,965,669
82$86,357,414$9,685,375$4,260,166$55,829,281
83$95,029,867$10,023,955$4,266,879$61,179,630
84$104,582,626$10,374,842$4,269,532$67,066,101
85$115,105,348$10,738,504$4,267,856$73,543,111
86$126,696,830$11,115,426$4,261,565$80,670,617
87$139,465,940$11,506,116$4,250,361$88,514,686
88$153,532,650$11,911,100$4,233,932$97,148,113
89$169,029,162$12,330,925$4,211,950$106,651,111
90$186,101,158$12,766,162$4,184,072$117,112,068
91$204,909,174$13,217,402$4,149,936$128,628,375
92$225,630,117$13,685,262$4,109,167$141,307,350
93$248,458,934$14,170,384$4,061,368$155,267,248
94$273,610,447$14,673,436$4,006,127$170,638,375
95$301,321,390$15,195,111$3,943,008$187,564,317
96$331,852,632$15,736,132$3,871,560$206,203,299
97$365,491,650$16,297,252$3,791,307$226,729,671
98$402,555,234$16,879,253$3,701,751$249,335,556
99$443,392,482$17,482,951$3,602,374$274,232,663
100$488,388,093$18,109,193$3,492,631$301,654,284