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%13.8%
1 years$220,486$218,522$216,606$214,736$212,910$209,555
2 years$109,152$107,119$105,149$103,238$101,385$98,014
3 years$72,045$70,003$68,038$66,146$64,323$61,041
4 years$53,495$51,460$49,514$47,654$45,876$42,707
5 years$42,368$40,345$38,425$36,603$34,874$31,828
6 years$34,953$32,945$31,053$29,272$27,595$24,675
7 years$29,658$27,667$25,805$24,066$22,442$19,650
8 years$25,689$23,716$21,885$20,188$18,618$15,952
9 years$22,603$20,649$18,850$17,196$15,679$13,139
10 years$20,136$18,201$16,433$14,823$13,359$10,943
11 years$18,119$16,203$14,468$12,901$11,489$9,194
12 years$16,439$14,543$12,840$11,316$9,956$7,779
13 years$15,019$13,143$11,471$9,990$8,682$6,620
14 years$13,803$11,946$10,307$8,868$7,611$5,660
15 years$12,750$10,913$9,306$7,909$6,701$4,858
16 years$11,829$10,013$8,437$7,081$5,922$4,184
17 years$11,018$9,221$7,678$6,362$5,251$3,613
18 years$10,297$8,521$7,009$5,734$4,669$3,128
19 years$9,653$7,897$6,416$5,181$4,162$2,713
20 years$9,074$7,338$5,888$4,692$3,717$2,357
21 years$8,552$6,835$5,416$4,259$3,327$2,051
22 years$8,077$6,381$4,992$3,872$2,982$1,787
23 years$7,644$5,968$4,609$3,526$2,677$1,558
24 years$7,248$5,591$4,263$3,216$2,406$1,361
25 years$6,884$5,247$3,948$2,937$2,165$1,189
26 years$6,548$4,931$3,662$2,686$1,950$1,039
27 years$6,238$4,641$3,400$2,458$1,758$909
28 years$5,951$4,373$3,161$2,252$1,586$796
29 years$5,684$4,126$2,941$2,065$1,432$697
30 years$5,435$3,896$2,740$1,896$1,294$611
31 years$5,203$3,683$2,554$1,741$1,170$535
32 years$4,985$3,485$2,383$1,600$1,059$469
33 years$4,782$3,300$2,225$1,471$958$412
34 years$4,590$3,128$2,079$1,354$867$361
35 years$4,410$2,967$1,944$1,246$786$317
36 years$4,241$2,816$1,818$1,148$712$278
37 years$4,080$2,675$1,702$1,057$645$244
38 years$3,929$2,542$1,594$975$585$214
39 years$3,786$2,417$1,493$899$530$188
40 years$3,650$2,300$1,400$829$481$165
41 years$3,522$2,189$1,312$765$436$145
42 years$3,399$2,085$1,231$706$396$127
43 years$3,283$1,986$1,155$652$359$112
44 years$3,172$1,893$1,084$602$326$98
45 years$3,067$1,806$1,018$556$296$86
46 years$2,966$1,722$956$513$269$76
47 years$2,870$1,644$898$474$244$67
48 years$2,779$1,569$844$438$222$59
49 years$2,691$1,498$794$405$201$51
50 years$2,607$1,431$746$374$183$45

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 $5,371 every year, while hoping to spend $53,109 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: 52/40/8 Blend
44$2,670,000$2,670,000$2,670,000$2,670,000
45$2,947,880$2,806,370$2,764,985$3,094,998
46$3,192,056$2,887,375$2,801,105$3,276,570
47$3,459,359$2,970,569$2,836,654$3,467,726
48$3,752,090$3,056,003$2,871,558$3,674,345
49$4,072,785$3,143,729$2,905,738$3,897,895
50$4,424,238$3,233,801$2,939,109$4,139,992
51$4,809,524$3,326,271$2,971,583$4,402,414
52$5,232,031$3,421,194$3,003,067$4,687,116
53$5,695,490$3,518,624$3,033,461$4,996,252
54$6,204,009$3,618,616$3,062,661$5,332,192
55$6,762,117$3,721,226$3,090,559$5,697,544
56$7,374,798$3,826,512$3,117,038$6,095,179
57$8,047,545$3,934,529$3,141,977$6,528,259
58$8,786,409$4,045,335$3,165,247$7,000,265
59$9,598,055$4,158,989$3,186,715$7,515,028
60$10,489,825$4,275,547$3,206,238$8,076,771
61$11,469,807$4,395,069$3,223,667$8,690,139
62$12,546,913$4,517,613$3,238,846$9,360,252
63$13,730,960$4,643,239$3,251,609$10,092,747
64$15,032,765$4,772,004$3,261,785$10,893,831
65$16,464,243$4,903,968$3,269,190$11,770,343
66$18,038,522$5,039,189$3,273,635$12,729,817
67$19,770,069$5,177,727$3,274,919$13,780,548
68$21,674,819$5,319,638$3,272,832$14,931,677
69$23,770,332$5,464,982$3,267,153$16,193,271
70$26,075,955$5,613,815$3,257,652$17,576,424
71$28,613,004$5,766,194$3,244,085$19,093,353
72$31,404,968$5,922,175$3,226,199$20,757,522
73$34,477,725$6,081,812$3,203,727$22,583,761
74$37,859,790$6,245,158$3,176,390$24,588,409
75$41,582,585$6,412,267$3,143,895$26,789,471
76$45,680,730$6,583,189$3,105,936$29,206,782
77$50,192,371$6,757,973$3,062,193$31,862,196
78$55,159,545$6,936,665$3,012,328$34,779,792
79$60,628,568$7,119,311$2,955,991$37,986,103
80$66,650,479$7,305,954$2,892,813$41,510,364
81$73,281,515$7,496,633$2,822,409$45,384,785
82$80,583,646$7,691,384$2,744,376$49,644,861
83$88,625,158$7,890,243$2,658,293$54,329,702
84$97,481,297$8,093,237$2,563,719$59,482,404
85$107,234,977$8,300,394$2,460,192$65,150,452
86$117,977,567$8,511,735$2,347,230$71,386,174
87$129,809,746$8,727,278$2,224,330$78,247,230
88$142,842,459$8,947,034$2,090,964$85,797,157
89$157,197,961$9,171,009$1,946,582$94,105,969
90$173,010,970$9,399,205$1,790,609$103,250,820
91$190,429,938$9,631,615$1,622,444$113,316,725
92$209,618,454$9,868,227$1,441,458$124,397,372
93$230,756,786$10,109,019$1,246,996$136,595,999
94$254,043,580$10,353,964$1,038,373$150,026,369
95$279,697,741$10,603,023$814,874$164,813,850
96$307,960,489$10,856,151$575,751$181,096,590
97$339,097,646$11,113,289$320,226$199,026,826
98$373,402,136$11,374,370$47,484$218,772,323
99$411,196,755$11,639,315$0$240,517,951
100$452,837,215$11,908,032$0$264,488,228