Can I retire at age 45 with 2,690,000?

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 $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$222,138$220,159$218,229$216,344$214,504$208,055
2 years$109,969$107,921$105,936$104,012$102,145$95,701
3 years$72,585$70,528$68,548$66,641$64,805$58,569
4 years$53,896$51,845$49,885$48,011$46,219$40,240
5 years$42,686$40,647$38,713$36,877$35,135$29,428
6 years$35,215$33,192$31,286$29,491$27,801$22,371
7 years$29,880$27,874$25,999$24,246$22,610$17,457
8 years$25,881$23,893$22,049$20,340$18,757$13,877
9 years$22,773$20,803$18,991$17,325$15,796$11,185
10 years$20,287$18,337$16,557$14,934$13,459$9,110
11 years$18,255$16,325$14,576$12,997$11,575$7,481
12 years$16,562$14,652$12,936$11,400$10,031$6,183
13 years$15,132$13,241$11,557$10,065$8,747$5,136
14 years$13,906$12,036$10,384$8,934$7,668$4,285
15 years$12,845$10,995$9,376$7,968$6,751$3,587
16 years$11,918$10,088$8,500$7,134$5,967$3,011
17 years$11,100$9,290$7,735$6,410$5,291$2,534
18 years$10,374$8,585$7,061$5,777$4,704$2,136
19 years$9,726$7,956$6,464$5,220$4,193$1,804
20 years$9,142$7,393$5,932$4,728$3,745$1,525
21 years$8,616$6,887$5,457$4,291$3,352$1,291
22 years$8,137$6,428$5,029$3,901$3,004$1,094
23 years$7,701$6,012$4,644$3,553$2,697$928
24 years$7,302$5,633$4,295$3,240$2,424$787
25 years$6,935$5,286$3,978$2,959$2,181$668
26 years$6,597$4,968$3,689$2,706$1,965$568
27 years$6,285$4,676$3,426$2,477$1,771$482
28 years$5,995$4,406$3,185$2,269$1,598$410
29 years$5,726$4,157$2,963$2,081$1,443$349
30 years$5,476$3,925$2,760$1,910$1,304$297
31 years$5,242$3,711$2,573$1,754$1,179$252
32 years$5,023$3,511$2,401$1,612$1,066$215
33 years$4,817$3,325$2,242$1,482$965$183
34 years$4,625$3,152$2,095$1,364$874$156
35 years$4,443$2,989$1,958$1,256$791$132
36 years$4,272$2,837$1,832$1,156$717$113
37 years$4,111$2,695$1,715$1,065$650$96
38 years$3,959$2,561$1,606$982$589$82
39 years$3,814$2,435$1,504$905$534$70
40 years$3,678$2,317$1,410$835$485$59
41 years$3,548$2,205$1,322$771$440$50
42 years$3,425$2,100$1,240$711$399$43
43 years$3,308$2,001$1,164$656$362$37
44 years$3,196$1,908$1,092$606$329$31
45 years$3,090$1,819$1,026$560$298$27
46 years$2,989$1,735$963$517$271$23
47 years$2,892$1,656$905$478$246$19
48 years$2,799$1,581$851$441$223$16
49 years$2,711$1,510$799$408$203$14
50 years$2,626$1,442$752$377$184$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,690,000, adding $5,770 every year, while hoping to spend $35,049 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: 59/34/7 Blend
44$2,690,000$2,690,000$2,690,000$2,690,000
45$2,970,332$2,827,762$2,786,067$3,140,887
46$3,236,014$2,929,030$2,842,108$3,357,225
47$3,527,621$3,034,086$2,898,852$3,588,489
48$3,847,760$3,143,078$2,956,285$3,839,761
49$4,199,303$3,256,161$3,014,393$4,112,962
50$4,585,415$3,373,495$3,073,158$4,410,206
51$5,009,580$3,495,249$3,132,561$4,733,818
52$5,475,638$3,621,598$3,192,583$5,086,354
53$5,987,819$3,752,722$3,253,201$5,470,628
54$6,550,783$3,888,812$3,314,390$5,889,736
55$7,169,664$4,030,065$3,376,123$6,347,084
56$7,850,118$4,176,686$3,438,371$6,846,422
57$8,598,376$4,328,890$3,501,103$7,391,875
58$9,421,305$4,486,900$3,564,284$7,987,984
59$10,326,468$4,650,948$3,627,877$8,639,748
60$11,322,199$4,821,276$3,691,843$9,352,669
61$12,417,682$4,998,137$3,756,138$10,132,804
62$13,623,033$5,181,793$3,820,716$10,986,822
63$14,949,401$5,372,520$3,885,529$11,922,066
64$16,409,068$5,570,601$3,950,522$12,946,619
65$18,015,568$5,776,336$4,015,640$14,069,384
66$19,783,813$5,990,034$4,080,821$15,300,163
67$21,730,236$6,212,019$4,146,002$16,649,750
68$23,872,940$6,442,628$4,211,113$18,130,031
69$26,231,876$6,682,213$4,276,082$19,754,099
70$28,829,026$6,931,140$4,340,829$21,536,370
71$31,688,613$7,189,792$4,405,273$23,492,725
72$34,837,327$7,458,568$4,469,325$25,640,653
73$38,304,579$7,737,882$4,532,892$27,999,418
74$42,122,776$8,028,169$4,595,875$30,590,239
75$46,327,631$8,329,880$4,658,168$33,436,488
76$50,958,493$8,643,488$4,719,660$36,563,910
77$56,058,724$8,969,484$4,780,233$40,000,866
78$61,676,106$9,308,381$4,839,764$43,778,597
79$67,863,293$9,660,715$4,898,120$47,931,518
80$74,678,303$10,027,045$4,955,161$52,497,543
81$82,185,073$10,407,953$5,010,742$57,518,437
82$90,454,055$10,804,047$5,064,706$63,040,214
83$99,562,885$11,215,962$5,116,891$69,113,566
84$109,597,116$11,644,360$5,167,123$75,794,342
85$120,651,020$12,089,933$5,215,220$83,144,069
86$132,828,486$12,553,401$5,260,991$91,230,537
87$146,243,991$13,035,517$5,304,234$100,128,432
88$161,023,688$13,537,068$5,344,736$109,920,040
89$177,306,593$14,058,873$5,382,273$120,696,024
90$195,245,897$14,601,788$5,416,611$132,556,274
91$215,010,411$15,166,709$5,447,500$145,610,850
92$236,786,163$15,754,568$5,474,682$159,981,016
93$260,778,150$16,366,340$5,497,881$175,800,386
94$287,212,273$17,003,042$5,516,812$193,216,179
95$316,337,471$17,665,738$5,531,172$212,390,609
96$348,428,070$18,355,536$5,540,643$233,502,408
97$383,786,372$19,073,596$5,544,893$256,748,518
98$422,745,507$19,821,127$5,543,573$282,345,940
99$465,672,582$20,599,395$5,536,315$310,533,784
100$512,972,139$21,409,720$5,522,736$341,575,520