Can I retire at age 45 with 2,680,000?

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$221,312$219,341$217,417$215,540$213,707$209,221
2 years$109,560$107,520$105,542$103,625$101,765$97,267
3 years$72,315$70,265$68,293$66,394$64,564$60,194
4 years$53,696$51,653$49,700$47,833$46,048$41,839
5 years$42,527$40,496$38,569$36,740$35,005$30,969
6 years$35,084$33,068$31,170$29,381$27,698$23,841
7 years$29,769$27,771$25,902$24,156$22,526$18,847
8 years$25,785$23,805$21,967$20,264$18,687$15,186
9 years$22,688$20,726$18,920$17,260$15,737$12,411
10 years$20,212$18,269$16,495$14,879$13,409$10,254
11 years$18,187$16,264$14,522$12,949$11,532$8,545
12 years$16,501$14,598$12,888$11,358$9,994$7,170
13 years$15,075$13,192$11,514$10,027$8,715$6,049
14 years$13,855$11,991$10,346$8,901$7,639$5,127
15 years$12,797$10,954$9,341$7,938$6,726$4,361
16 years$11,873$10,050$8,469$7,108$5,945$3,722
17 years$11,059$9,256$7,706$6,386$5,271$3,184
18 years$10,336$8,553$7,035$5,755$4,687$2,730
19 years$9,689$7,927$6,440$5,200$4,177$2,346
20 years$9,108$7,366$5,910$4,710$3,731$2,018
21 years$8,584$6,861$5,436$4,275$3,339$1,739
22 years$8,107$6,404$5,011$3,887$2,993$1,500
23 years$7,672$5,990$4,626$3,540$2,687$1,295
24 years$7,275$5,612$4,279$3,228$2,415$1,119
25 years$6,909$5,267$3,963$2,948$2,173$968
26 years$6,573$4,950$3,675$2,696$1,957$838
27 years$6,262$4,658$3,413$2,468$1,765$725
28 years$5,973$4,390$3,173$2,261$1,592$628
29 years$5,705$4,141$2,952$2,073$1,438$544
30 years$5,455$3,911$2,750$1,903$1,299$472
31 years$5,222$3,697$2,564$1,747$1,175$409
32 years$5,004$3,498$2,392$1,606$1,062$355
33 years$4,799$3,313$2,234$1,477$962$308
34 years$4,607$3,140$2,087$1,359$871$267
35 years$4,427$2,978$1,951$1,251$789$232
36 years$4,256$2,827$1,825$1,152$714$201
37 years$4,096$2,685$1,708$1,061$648$175
38 years$3,944$2,551$1,600$978$587$152
39 years$3,800$2,426$1,499$902$532$132
40 years$3,664$2,308$1,405$832$483$114
41 years$3,535$2,197$1,317$768$438$99
42 years$3,412$2,093$1,236$708$397$86
43 years$3,295$1,994$1,160$654$361$75
44 years$3,184$1,900$1,088$604$327$65
45 years$3,078$1,812$1,022$558$297$56
46 years$2,977$1,729$960$515$270$49
47 years$2,881$1,650$902$476$245$43
48 years$2,789$1,575$847$440$223$37
49 years$2,701$1,504$797$406$202$32
50 years$2,617$1,437$749$376$184$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,680,000, adding $3,373 every year, while hoping to spend $44,321 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: 56/28/16 Blend
44$2,680,000$2,680,000$2,680,000$2,680,000
45$2,956,839$2,814,799$2,773,259$3,109,809
46$3,211,280$2,905,567$2,819,006$3,304,912
47$3,490,188$2,999,297$2,864,800$3,512,248
48$3,796,012$3,096,088$2,910,596$3,737,097
49$4,131,450$3,196,041$2,956,346$3,981,146
50$4,499,472$3,299,261$3,001,998$4,246,251
51$4,903,350$3,405,858$3,047,497$4,534,454
52$5,346,690$3,515,943$3,092,786$4,848,004
53$5,833,461$3,629,633$3,137,804$5,189,373
54$6,368,038$3,747,048$3,182,483$5,561,287
55$6,955,237$3,868,313$3,226,756$5,966,743
56$7,600,367$3,993,556$3,270,548$6,409,043
57$8,309,274$4,122,910$3,313,781$6,891,821
58$9,088,401$4,256,513$3,356,373$7,419,080
59$9,944,843$4,394,508$3,398,237$7,995,227
60$10,886,419$4,537,041$3,439,281$8,625,113
61$11,921,743$4,684,265$3,479,406$9,314,085
62$13,060,305$4,836,338$3,518,510$10,068,028
63$14,312,560$4,993,423$3,556,484$10,893,424
64$15,690,029$5,155,688$3,593,213$11,797,413
65$17,205,403$5,323,308$3,628,577$12,787,859
66$18,872,668$5,496,463$3,662,448$13,873,426
67$20,707,231$5,675,341$3,694,692$15,063,654
68$22,726,071$5,860,135$3,725,166$16,369,055
69$24,947,894$6,051,045$3,753,722$17,801,206
70$27,393,311$6,248,278$3,780,204$19,372,863
71$30,085,033$6,452,049$3,804,446$21,098,077
72$33,048,086$6,662,579$3,826,274$22,992,329
73$36,310,044$6,880,098$3,845,507$25,072,671
74$39,901,289$7,104,843$3,861,952$27,357,894
75$43,855,301$7,337,061$3,875,408$29,868,695
76$48,208,971$7,577,007$3,885,664$32,627,883
77$53,002,948$7,824,943$3,892,496$35,660,583
78$58,282,027$8,081,142$3,895,672$38,994,480
79$64,095,564$8,345,889$3,894,948$42,660,077
80$70,497,948$8,619,474$3,890,065$46,690,981
81$77,549,111$8,902,200$3,880,754$51,124,223
82$85,315,094$9,194,382$3,866,734$56,000,603
83$93,868,671$9,496,344$3,847,707$61,365,078
84$103,290,033$9,808,423$3,823,363$67,267,183
85$113,667,547$10,130,966$3,793,376$73,761,501
86$125,098,588$10,464,335$3,757,405$80,908,174
87$137,690,459$10,808,902$3,715,093$88,773,471
88$151,561,404$11,165,056$3,666,067$97,430,414
89$166,841,720$11,533,196$3,609,933$106,959,467
90$183,674,991$11,913,739$3,546,281$117,449,292
91$202,219,442$12,307,114$3,474,683$128,997,589
92$222,649,429$12,713,766$3,394,689$141,712,014
93$245,157,088$13,134,158$3,305,829$155,711,196
94$269,954,147$13,568,768$3,207,610$171,125,855
95$297,273,924$14,018,092$3,099,519$188,100,039
96$327,373,528$14,482,642$2,981,017$206,792,476
97$360,536,288$14,962,952$2,851,541$227,378,079
98$397,074,426$15,459,573$2,710,504$250,049,591
99$437,332,002$15,973,077$2,557,291$275,019,405
100$481,688,164$16,504,056$2,391,258$302,521,569