Can I retire at age 45 with 2,670,000?

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 $2,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$220,486$218,522$216,606$214,736$212,910$211,038
2 years$109,152$107,119$105,149$103,238$101,385$99,499
3 years$72,045$70,003$68,038$66,146$64,323$62,481
4 years$53,495$51,460$49,514$47,654$45,876$44,092
5 years$42,368$40,345$38,425$36,603$34,874$33,153
6 years$34,953$32,945$31,053$29,272$27,595$25,940
7 years$29,658$27,667$25,805$24,066$22,442$20,853
8 years$25,689$23,716$21,885$20,188$18,618$17,095
9 years$22,603$20,649$18,850$17,196$15,679$14,222
10 years$20,136$18,201$16,433$14,823$13,359$11,968
11 years$18,119$16,203$14,468$12,901$11,489$10,162
12 years$16,439$14,543$12,840$11,316$9,956$8,692
13 years$15,019$13,143$11,471$9,990$8,682$7,479
14 years$13,803$11,946$10,307$8,868$7,611$6,467
15 years$12,750$10,913$9,306$7,909$6,701$5,615
16 years$11,829$10,013$8,437$7,081$5,922$4,893
17 years$11,018$9,221$7,678$6,362$5,251$4,277
18 years$10,297$8,521$7,009$5,734$4,669$3,747
19 years$9,653$7,897$6,416$5,181$4,162$3,291
20 years$9,074$7,338$5,888$4,692$3,717$2,895
21 years$8,552$6,835$5,416$4,259$3,327$2,551
22 years$8,077$6,381$4,992$3,872$2,982$2,252
23 years$7,644$5,968$4,609$3,526$2,677$1,990
24 years$7,248$5,591$4,263$3,216$2,406$1,760
25 years$6,884$5,247$3,948$2,937$2,165$1,559
26 years$6,548$4,931$3,662$2,686$1,950$1,381
27 years$6,238$4,641$3,400$2,458$1,758$1,225
28 years$5,951$4,373$3,161$2,252$1,586$1,087
29 years$5,684$4,126$2,941$2,065$1,432$965
30 years$5,435$3,896$2,740$1,896$1,294$858
31 years$5,203$3,683$2,554$1,741$1,170$762
32 years$4,985$3,485$2,383$1,600$1,059$678
33 years$4,782$3,300$2,225$1,471$958$603
34 years$4,590$3,128$2,079$1,354$867$537
35 years$4,410$2,967$1,944$1,246$786$478
36 years$4,241$2,816$1,818$1,148$712$425
37 years$4,080$2,675$1,702$1,057$645$379
38 years$3,929$2,542$1,594$975$585$337
39 years$3,786$2,417$1,493$899$530$300
40 years$3,650$2,300$1,400$829$481$268
41 years$3,522$2,189$1,312$765$436$238
42 years$3,399$2,085$1,231$706$396$212
43 years$3,283$1,986$1,155$652$359$189
44 years$3,172$1,893$1,084$602$326$169
45 years$3,067$1,806$1,018$556$296$150
46 years$2,966$1,722$956$513$269$134
47 years$2,870$1,644$898$474$244$120
48 years$2,779$1,569$844$438$222$107
49 years$2,691$1,498$794$405$201$95
50 years$2,607$1,431$746$374$183$85

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,670,000, adding $4,792 every year, while hoping to spend $30,890 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: 57/27/16 Blend
44$2,670,000$2,670,000$2,670,000$2,670,000
45$2,947,283$2,805,773$2,764,388$3,102,725
46$3,215,039$2,910,389$2,824,128$3,313,324
47$3,509,071$3,019,096$2,884,834$3,538,924
48$3,832,026$3,132,062$2,946,507$3,784,060
49$4,186,822$3,249,461$3,009,143$4,050,615
50$4,576,670$3,371,477$3,072,742$4,340,656
51$5,005,110$3,498,300$3,137,299$4,656,462
52$5,476,043$3,630,128$3,202,809$5,000,537
53$5,993,763$3,767,168$3,269,268$5,375,637
54$6,563,005$3,909,637$3,336,666$5,784,796
55$7,188,982$4,057,761$3,404,995$6,231,351
56$7,877,441$4,211,773$3,474,245$6,718,976
57$8,634,711$4,371,921$3,544,403$7,251,716
58$9,467,766$4,538,459$3,615,455$7,834,021
59$10,384,290$4,711,656$3,687,385$8,470,790
60$11,392,750$4,891,790$3,760,175$9,167,420
61$12,502,476$5,079,153$3,833,806$9,929,847
62$13,723,744$5,274,047$3,908,254$10,764,612
63$15,067,882$5,476,791$3,983,497$11,678,915
64$16,547,367$5,687,716$4,059,505$12,680,682
65$18,175,951$5,907,166$4,136,251$13,778,645
66$19,968,784$6,135,503$4,213,701$14,982,417
67$21,942,561$6,373,104$4,291,821$16,302,587
68$24,115,677$6,620,361$4,370,572$17,750,813
69$26,508,403$6,877,685$4,449,913$19,339,939
70$29,143,074$7,145,506$4,529,799$21,084,109
71$32,044,303$7,424,270$4,610,182$22,998,900
72$35,239,208$7,714,446$4,691,010$25,101,473
73$38,757,675$8,016,522$4,772,227$27,410,727
74$42,632,634$8,331,008$4,853,772$29,947,484
75$46,900,372$8,658,436$4,935,583$32,734,675
76$51,600,873$8,999,363$5,017,589$35,797,565
77$56,778,201$9,354,371$5,099,717$39,163,983
78$62,480,909$9,724,066$5,181,888$42,864,586
79$68,762,499$10,109,083$5,264,019$46,933,148
80$75,681,931$10,510,085$5,346,021$51,406,877
81$83,304,173$10,927,764$5,427,797$56,326,762
82$91,700,818$11,362,844$5,509,248$61,737,962
83$100,950,760$11,816,081$5,590,266$67,690,230
84$111,140,933$12,288,265$5,670,736$74,238,379
85$122,367,140$12,780,222$5,750,537$81,442,800
86$134,734,950$13,292,814$5,829,542$89,370,028
87$148,360,697$13,826,944$5,907,613$98,093,370
88$163,372,577$14,383,554$5,984,608$107,693,597
89$179,911,861$14,963,629$6,060,373$118,259,698
90$198,134,223$15,568,199$6,134,747$129,889,725
91$218,211,213$16,198,340$6,207,561$142,691,712
92$240,331,877$16,855,179$6,278,634$156,784,695
93$264,704,536$17,539,890$6,347,776$172,299,832
94$291,558,759$18,253,705$6,414,787$189,381,640
95$321,147,525$18,997,910$6,479,455$208,189,354
96$353,749,613$19,773,848$6,541,558$228,898,431
97$389,672,233$20,582,926$6,600,859$251,702,201
98$429,253,925$21,426,613$6,657,112$276,813,691
99$472,867,756$22,306,448$6,710,056$304,467,632
100$520,924,841$23,224,038$6,759,417$334,922,672