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

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$221,312$219,341$217,417$215,540$213,707$206,289
2 years$109,560$107,520$105,542$103,625$101,765$94,368
3 years$72,315$70,265$68,293$66,394$64,564$57,420
4 years$53,696$51,653$49,700$47,833$46,048$39,212
5 years$42,527$40,496$38,569$36,740$35,005$28,496
6 years$35,084$33,068$31,170$29,381$27,698$21,520
7 years$29,769$27,771$25,902$24,156$22,526$16,678
8 years$25,785$23,805$21,967$20,264$18,687$13,165
9 years$22,688$20,726$18,920$17,260$15,737$10,534
10 years$20,212$18,269$16,495$14,879$13,409$8,515
11 years$18,187$16,264$14,522$12,949$11,532$6,938
12 years$16,501$14,598$12,888$11,358$9,994$5,689
13 years$15,075$13,192$11,514$10,027$8,715$4,688
14 years$13,855$11,991$10,346$8,901$7,639$3,878
15 years$12,797$10,954$9,341$7,938$6,726$3,219
16 years$11,873$10,050$8,469$7,108$5,945$2,679
17 years$11,059$9,256$7,706$6,386$5,271$2,234
18 years$10,336$8,553$7,035$5,755$4,687$1,867
19 years$9,689$7,927$6,440$5,200$4,177$1,562
20 years$9,108$7,366$5,910$4,710$3,731$1,309
21 years$8,584$6,861$5,436$4,275$3,339$1,098
22 years$8,107$6,404$5,011$3,887$2,993$921
23 years$7,672$5,990$4,626$3,540$2,687$774
24 years$7,275$5,612$4,279$3,228$2,415$651
25 years$6,909$5,267$3,963$2,948$2,173$547
26 years$6,573$4,950$3,675$2,696$1,957$460
27 years$6,262$4,658$3,413$2,468$1,765$387
28 years$5,973$4,390$3,173$2,261$1,592$326
29 years$5,705$4,141$2,952$2,073$1,438$275
30 years$5,455$3,911$2,750$1,903$1,299$231
31 years$5,222$3,697$2,564$1,747$1,175$195
32 years$5,004$3,498$2,392$1,606$1,062$164
33 years$4,799$3,313$2,234$1,477$962$138
34 years$4,607$3,140$2,087$1,359$871$117
35 years$4,427$2,978$1,951$1,251$789$98
36 years$4,256$2,827$1,825$1,152$714$83
37 years$4,096$2,685$1,708$1,061$648$70
38 years$3,944$2,551$1,600$978$587$59
39 years$3,800$2,426$1,499$902$532$50
40 years$3,664$2,308$1,405$832$483$42
41 years$3,535$2,197$1,317$768$438$35
42 years$3,412$2,093$1,236$708$397$30
43 years$3,295$1,994$1,160$654$361$25
44 years$3,184$1,900$1,088$604$327$21
45 years$3,078$1,812$1,022$558$297$18
46 years$2,977$1,729$960$515$270$15
47 years$2,881$1,650$902$476$245$13
48 years$2,789$1,575$847$440$223$11
49 years$2,701$1,504$797$406$202$9
50 years$2,617$1,437$749$376$184$8

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 $2,889 every year, while hoping to spend $55,134 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: 51/20/29 Blend
44$2,680,000$2,680,000$2,680,000$2,680,000
45$2,956,340$2,814,300$2,772,760$3,082,787
46$3,199,225$2,893,539$2,806,985$3,250,585
47$3,465,035$2,974,812$2,840,509$3,427,207
48$3,756,053$3,058,162$2,873,250$3,618,200
49$4,074,788$3,143,629$2,905,122$3,824,960
50$4,424,006$3,231,257$2,936,033$4,049,022
51$4,806,753$3,321,086$2,965,888$4,292,077
52$5,226,382$3,413,160$2,994,586$4,555,989
53$5,686,587$3,507,519$3,022,019$4,842,811
54$6,191,437$3,604,206$3,048,075$5,154,806
55$6,745,414$3,703,262$3,072,635$5,494,464
56$7,353,453$3,804,729$3,095,576$5,864,533
57$8,020,993$3,908,648$3,116,765$6,268,037
58$8,754,023$4,015,060$3,136,065$6,708,310
59$9,559,141$4,124,006$3,153,331$7,189,025
60$10,443,615$4,235,524$3,168,409$7,714,231
61$11,415,453$4,349,654$3,181,140$8,288,388
62$12,483,476$4,466,434$3,191,355$8,916,411
63$13,657,402$4,585,901$3,198,877$9,603,717
64$14,947,938$4,708,091$3,203,521$10,356,275
65$16,366,880$4,833,039$3,205,091$11,180,664
66$17,927,222$4,960,779$3,203,382$12,084,133
67$19,643,284$5,091,342$3,198,180$13,074,673
68$21,530,839$5,224,758$3,189,259$14,161,087
69$23,607,269$5,361,055$3,176,384$15,353,080
70$25,891,724$5,500,261$3,159,306$16,661,346
71$28,405,303$5,642,397$3,137,767$18,097,671
72$31,171,256$5,787,486$3,111,493$19,675,044
73$34,215,196$5,935,545$3,080,201$21,407,779
74$37,565,350$6,086,590$3,043,591$23,311,655
75$41,252,815$6,240,633$3,001,351$25,404,057
76$45,311,860$6,397,682$2,953,154$27,704,150
77$49,780,242$6,557,740$2,898,657$30,233,052
78$54,699,566$6,720,809$2,837,501$33,014,038
79$60,115,675$6,886,882$2,769,311$36,072,762
80$66,079,086$7,055,951$2,693,695$39,437,493
81$72,645,460$7,228,000$2,610,241$43,139,389
82$79,876,133$7,403,009$2,518,520$47,212,790
83$87,838,691$7,580,948$2,418,083$51,695,540
84$96,607,609$7,761,786$2,308,460$56,629,348
85$106,264,951$7,945,480$2,189,160$62,060,180
86$116,901,149$8,131,981$2,059,669$68,038,696
87$128,615,849$8,321,231$1,919,451$74,620,728
88$141,518,859$8,513,164$1,767,945$81,867,808
89$155,731,177$8,707,704$1,604,566$89,847,749
90$171,386,140$8,904,765$1,428,702$98,635,287
91$188,630,676$9,104,248$1,239,714$108,312,788
92$207,626,695$9,306,045$1,036,934$118,971,024
93$228,552,611$9,510,035$819,664$130,710,037
94$251,605,032$9,716,082$587,178$143,640,076
95$277,000,613$9,924,037$338,716$157,882,646
96$304,978,096$10,133,735$73,483$173,571,656
97$335,800,570$10,344,997$0$190,854,681
98$369,757,950$10,557,624$0$209,959,204
99$407,169,713$10,771,399$0$231,028,098
100$448,387,914$10,986,088$0$254,236,411