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

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 $2,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$220,486$218,522$216,606$214,736$212,910$207,342
2 years$109,152$107,119$105,149$103,238$101,385$95,814
3 years$72,045$70,003$68,038$66,146$64,323$58,922
4 years$53,495$51,460$49,514$47,654$45,876$40,687
5 years$42,368$40,345$38,425$36,603$34,874$29,912
6 years$34,953$32,945$31,053$29,272$27,595$22,864
7 years$29,658$27,667$25,805$24,066$22,442$17,943
8 years$25,689$23,716$21,885$20,188$18,618$14,348
9 years$22,603$20,649$18,850$17,196$15,679$11,635
10 years$20,136$18,201$16,433$14,823$13,359$9,536
11 years$18,119$16,203$14,468$12,901$11,489$7,881
12 years$16,439$14,543$12,840$11,316$9,956$6,556
13 years$15,019$13,143$11,471$9,990$8,682$5,484
14 years$13,803$11,946$10,307$8,868$7,611$4,606
15 years$12,750$10,913$9,306$7,909$6,701$3,883
16 years$11,829$10,013$8,437$7,081$5,922$3,283
17 years$11,018$9,221$7,678$6,362$5,251$2,783
18 years$10,297$8,521$7,009$5,734$4,669$2,364
19 years$9,653$7,897$6,416$5,181$4,162$2,011
20 years$9,074$7,338$5,888$4,692$3,717$1,713
21 years$8,552$6,835$5,416$4,259$3,327$1,461
22 years$8,077$6,381$4,992$3,872$2,982$1,248
23 years$7,644$5,968$4,609$3,526$2,677$1,067
24 years$7,248$5,591$4,263$3,216$2,406$912
25 years$6,884$5,247$3,948$2,937$2,165$781
26 years$6,548$4,931$3,662$2,686$1,950$669
27 years$6,238$4,641$3,400$2,458$1,758$573
28 years$5,951$4,373$3,161$2,252$1,586$491
29 years$5,684$4,126$2,941$2,065$1,432$421
30 years$5,435$3,896$2,740$1,896$1,294$361
31 years$5,203$3,683$2,554$1,741$1,170$310
32 years$4,985$3,485$2,383$1,600$1,059$266
33 years$4,782$3,300$2,225$1,471$958$228
34 years$4,590$3,128$2,079$1,354$867$196
35 years$4,410$2,967$1,944$1,246$786$168
36 years$4,241$2,816$1,818$1,148$712$144
37 years$4,080$2,675$1,702$1,057$645$124
38 years$3,929$2,542$1,594$975$585$106
39 years$3,786$2,417$1,493$899$530$91
40 years$3,650$2,300$1,400$829$481$78
41 years$3,522$2,189$1,312$765$436$67
42 years$3,399$2,085$1,231$706$396$58
43 years$3,283$1,986$1,155$652$359$50
44 years$3,172$1,893$1,084$602$326$43
45 years$3,067$1,806$1,018$556$296$37
46 years$2,966$1,722$956$513$269$31
47 years$2,870$1,644$898$474$244$27
48 years$2,779$1,569$844$438$222$23
49 years$2,691$1,498$794$405$201$20
50 years$2,607$1,431$746$374$183$17

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 $5,516 every year, while hoping to spend $52,625 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: 69/13/18 Blend
44$2,670,000$2,670,000$2,670,000$2,670,000
45$2,948,030$2,806,520$2,765,135$3,138,275
46$3,192,736$2,888,047$2,801,774$3,347,385
47$3,460,639$2,971,805$2,837,877$3,569,377
48$3,754,048$3,057,847$2,873,370$3,810,967
49$4,075,509$3,146,229$2,908,176$4,074,082
50$4,427,823$3,237,007$2,942,212$4,360,846
51$4,814,076$3,330,235$2,975,391$4,673,596
52$5,237,667$3,425,972$3,007,622$5,014,908
53$5,702,341$3,524,276$3,038,809$5,387,620
54$6,212,219$3,625,205$3,068,849$5,794,855
55$6,771,845$3,728,820$3,097,634$6,240,055
56$7,386,220$3,835,179$3,125,053$6,727,011
57$8,060,857$3,944,345$3,150,984$7,259,902
58$8,801,826$4,056,380$3,175,304$7,843,328
59$9,615,815$4,171,345$3,197,879$8,482,358
60$10,510,191$4,289,304$3,218,571$9,182,578
61$11,493,071$4,410,320$3,237,233$9,950,140
62$12,573,396$4,534,458$3,253,712$10,791,824
63$13,761,017$4,661,781$3,267,846$11,715,099
64$15,066,787$4,792,354$3,279,466$12,728,196
65$16,502,663$4,926,244$3,288,392$13,840,182
66$18,081,819$5,063,514$3,294,437$15,061,048
67$19,818,770$5,204,231$3,297,406$16,401,804
68$21,729,506$5,348,461$3,297,091$17,874,580
69$23,831,648$5,496,268$3,293,276$19,492,742
70$26,144,610$5,647,718$3,285,734$21,271,020
71$28,689,780$5,802,876$3,274,226$23,225,642
72$31,490,728$5,961,808$3,258,503$25,374,492
73$34,573,422$6,124,576$3,238,303$27,737,277
74$37,966,476$6,291,246$3,213,351$30,335,712
75$41,701,419$6,461,879$3,183,361$33,193,726
76$45,812,990$6,636,537$3,148,030$36,337,687
77$50,339,470$6,815,282$3,107,043$39,796,652
78$55,323,037$6,998,172$3,060,070$43,602,641
79$60,810,169$7,185,265$3,006,765$47,790,938
80$66,852,081$7,376,618$2,946,767$52,400,427
81$73,505,205$7,572,284$2,879,695$57,473,954
82$80,831,725$7,772,315$2,805,154$63,058,737
83$88,900,164$7,976,761$2,722,729$69,206,809
84$97,786,027$8,185,668$2,631,987$75,975,509
85$107,572,516$8,399,081$2,532,473$83,428,025
86$118,351,315$8,617,038$2,423,713$91,633,988
87$130,223,454$8,839,577$2,305,212$100,670,132
88$143,300,260$9,066,730$2,176,450$110,621,018
89$157,704,411$9,298,525$2,036,886$121,579,831
90$173,571,093$9,534,985$1,885,954$133,649,261
91$191,049,273$9,776,127$1,723,062$146,942,472
92$210,303,106$10,021,965$1,547,592$161,584,173
93$231,513,485$10,272,503$1,358,898$177,711,792
94$254,879,745$10,527,740$1,156,305$195,476,775
95$280,621,547$10,787,668$939,111$215,046,015
96$308,980,952$11,052,271$706,578$236,603,433
97$340,224,701$11,321,524$457,940$260,351,707
98$374,646,734$11,595,392$192,394$286,514,190
99$412,570,967$11,873,832$0$315,337,021
100$454,354,344$12,156,789$0$347,108,920