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%14.5%
1 years$220,486$218,522$216,606$214,736$212,910$208,953
2 years$109,152$107,119$105,149$103,238$101,385$97,414
3 years$72,045$70,003$68,038$66,146$64,323$60,460
4 years$53,495$51,460$49,514$47,654$45,876$42,152
5 years$42,368$40,345$38,425$36,603$34,874$31,299
6 years$34,953$32,945$31,053$29,272$27,595$24,173
7 years$29,658$27,667$25,805$24,066$22,442$19,175
8 years$25,689$23,716$21,885$20,188$18,618$15,504
9 years$22,603$20,649$18,850$17,196$15,679$12,716
10 years$20,136$18,201$16,433$14,823$13,359$10,546
11 years$18,119$16,203$14,468$12,901$11,489$8,821
12 years$16,439$14,543$12,840$11,316$9,956$7,430
13 years$15,019$13,143$11,471$9,990$8,682$6,294
14 years$13,803$11,946$10,307$8,868$7,611$5,356
15 years$12,750$10,913$9,306$7,909$6,701$4,575
16 years$11,829$10,013$8,437$7,081$5,922$3,921
17 years$11,018$9,221$7,678$6,362$5,251$3,369
18 years$10,297$8,521$7,009$5,734$4,669$2,902
19 years$9,653$7,897$6,416$5,181$4,162$2,504
20 years$9,074$7,338$5,888$4,692$3,717$2,164
21 years$8,552$6,835$5,416$4,259$3,327$1,873
22 years$8,077$6,381$4,992$3,872$2,982$1,623
23 years$7,644$5,968$4,609$3,526$2,677$1,408
24 years$7,248$5,591$4,263$3,216$2,406$1,223
25 years$6,884$5,247$3,948$2,937$2,165$1,062
26 years$6,548$4,931$3,662$2,686$1,950$924
27 years$6,238$4,641$3,400$2,458$1,758$804
28 years$5,951$4,373$3,161$2,252$1,586$699
29 years$5,684$4,126$2,941$2,065$1,432$609
30 years$5,435$3,896$2,740$1,896$1,294$531
31 years$5,203$3,683$2,554$1,741$1,170$462
32 years$4,985$3,485$2,383$1,600$1,059$403
33 years$4,782$3,300$2,225$1,471$958$351
34 years$4,590$3,128$2,079$1,354$867$306
35 years$4,410$2,967$1,944$1,246$786$267
36 years$4,241$2,816$1,818$1,148$712$233
37 years$4,080$2,675$1,702$1,057$645$203
38 years$3,929$2,542$1,594$975$585$178
39 years$3,786$2,417$1,493$899$530$155
40 years$3,650$2,300$1,400$829$481$135
41 years$3,522$2,189$1,312$765$436$118
42 years$3,399$2,085$1,231$706$396$103
43 years$3,283$1,986$1,155$652$359$90
44 years$3,172$1,893$1,084$602$326$79
45 years$3,067$1,806$1,018$556$296$69
46 years$2,966$1,722$956$513$269$60
47 years$2,870$1,644$898$474$244$52
48 years$2,779$1,569$844$438$222$46
49 years$2,691$1,498$794$405$201$40
50 years$2,607$1,431$746$374$183$35

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 $6,206 every year, while hoping to spend $27,814 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: 53/31/16 Blend
44$2,670,000$2,670,000$2,670,000$2,670,000
45$2,948,741$2,807,231$2,765,846$3,092,008
46$3,219,919$2,915,192$2,828,908$3,298,614
47$3,517,825$3,027,510$2,893,151$3,519,826
48$3,845,155$3,144,371$2,958,584$3,759,900
49$4,204,882$3,265,965$3,025,217$4,020,636
50$4,600,277$3,392,495$3,093,059$4,304,011
51$5,034,947$3,524,169$3,162,118$4,612,202
52$5,512,865$3,661,207$3,232,403$4,947,602
53$6,038,408$3,803,837$3,303,919$5,312,842
54$6,616,398$3,952,297$3,376,673$5,710,817
55$7,252,149$4,106,837$3,450,669$6,144,714
56$7,951,513$4,267,718$3,525,911$6,618,035
57$8,720,941$4,435,210$3,602,404$7,134,638
58$9,567,540$4,609,598$3,680,147$7,698,765
59$10,499,140$4,791,179$3,759,142$8,315,087
60$11,524,367$4,980,262$3,839,389$8,988,743
61$12,652,729$5,177,171$3,920,885$9,725,391
62$13,894,699$5,382,244$4,003,626$10,531,256
63$15,261,819$5,595,835$4,087,608$11,413,195
64$16,766,806$5,818,312$4,172,824$12,378,754
65$18,423,672$6,050,061$4,259,266$13,436,242
66$20,247,859$6,291,486$4,346,923$14,594,805
67$22,256,378$6,543,007$4,435,783$15,864,517
68$24,467,979$6,805,064$4,525,832$17,256,467
69$26,903,319$7,078,118$4,617,053$18,782,868
70$29,585,161$7,362,650$4,709,428$20,457,168
71$32,538,589$7,659,161$4,802,935$22,294,178
72$35,791,242$7,968,177$4,897,551$24,310,208
73$39,373,578$8,290,246$4,993,248$26,523,222
74$43,319,158$8,625,944$5,089,997$28,953,002
75$47,664,966$8,975,869$5,187,766$31,621,339
76$52,451,755$9,340,649$5,286,518$34,552,235
77$57,724,433$9,720,940$5,386,215$37,772,124
78$63,532,485$10,117,426$5,486,814$41,310,126
79$69,930,445$10,530,826$5,588,268$45,198,315
80$76,978,401$10,961,888$5,690,527$49,472,025
81$84,742,574$11,411,396$5,793,535$54,170,176
82$93,295,932$11,880,170$5,897,234$59,335,644
83$102,718,885$12,369,066$6,001,559$65,015,663
84$113,100,043$12,878,982$6,106,443$71,262,264
85$124,537,050$13,410,854$6,211,811$78,132,771
86$137,137,506$13,965,664$6,317,584$85,690,336
87$151,019,986$14,544,436$6,423,678$94,004,532
88$166,315,154$15,148,242$6,530,000$103,152,010
89$183,167,000$15,778,207$6,636,456$113,217,216
90$201,734,197$16,435,501$6,742,940$124,293,191
91$222,191,599$17,121,355$6,849,342$136,482,441
92$244,731,892$17,837,051$6,955,545$149,897,904
93$269,567,413$18,583,935$7,061,424$164,664,015
94$296,932,152$19,363,411$7,166,844$180,917,874
95$327,083,964$20,176,950$7,271,666$198,810,537
96$360,307,000$21,026,092$7,375,738$218,508,443
97$396,914,390$21,912,446$7,478,901$240,194,976
98$437,251,200$22,837,699$7,580,987$264,072,196
99$481,697,689$23,803,612$7,681,816$290,362,739
100$530,672,895$24,812,032$7,781,200$319,311,920