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

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 $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$222,138$220,159$218,229$216,344$214,504$206,647
2 years$109,969$107,921$105,936$104,012$102,145$94,316
3 years$72,585$70,528$68,548$66,641$64,805$57,251
4 years$53,896$51,845$49,885$48,011$46,219$38,998
5 years$42,686$40,647$38,713$36,877$35,135$28,265
6 years$35,215$33,192$31,286$29,491$27,801$21,288
7 years$29,880$27,874$25,999$24,246$22,610$16,451
8 years$25,881$23,893$22,049$20,340$18,757$12,947
9 years$22,773$20,803$18,991$17,325$15,796$10,328
10 years$20,287$18,337$16,557$14,934$13,459$8,322
11 years$18,255$16,325$14,576$12,997$11,575$6,759
12 years$16,562$14,652$12,936$11,400$10,031$5,523
13 years$15,132$13,241$11,557$10,065$8,747$4,536
14 years$13,906$12,036$10,384$8,934$7,668$3,739
15 years$12,845$10,995$9,376$7,968$6,751$3,093
16 years$11,918$10,088$8,500$7,134$5,967$2,565
17 years$11,100$9,290$7,735$6,410$5,291$2,131
18 years$10,374$8,585$7,061$5,777$4,704$1,774
19 years$9,726$7,956$6,464$5,220$4,193$1,479
20 years$9,142$7,393$5,932$4,728$3,745$1,234
21 years$8,616$6,887$5,457$4,291$3,352$1,031
22 years$8,137$6,428$5,029$3,901$3,004$862
23 years$7,701$6,012$4,644$3,553$2,697$721
24 years$7,302$5,633$4,295$3,240$2,424$604
25 years$6,935$5,286$3,978$2,959$2,181$506
26 years$6,597$4,968$3,689$2,706$1,965$424
27 years$6,285$4,676$3,426$2,477$1,771$355
28 years$5,995$4,406$3,185$2,269$1,598$298
29 years$5,726$4,157$2,963$2,081$1,443$250
30 years$5,476$3,925$2,760$1,910$1,304$210
31 years$5,242$3,711$2,573$1,754$1,179$176
32 years$5,023$3,511$2,401$1,612$1,066$147
33 years$4,817$3,325$2,242$1,482$965$124
34 years$4,625$3,152$2,095$1,364$874$104
35 years$4,443$2,989$1,958$1,256$791$87
36 years$4,272$2,837$1,832$1,156$717$73
37 years$4,111$2,695$1,715$1,065$650$61
38 years$3,959$2,561$1,606$982$589$52
39 years$3,814$2,435$1,504$905$534$43
40 years$3,678$2,317$1,410$835$485$36
41 years$3,548$2,205$1,322$771$440$30
42 years$3,425$2,100$1,240$711$399$26
43 years$3,308$2,001$1,164$656$362$21
44 years$3,196$1,908$1,092$606$329$18
45 years$3,090$1,819$1,026$560$298$15
46 years$2,989$1,735$963$517$271$13
47 years$2,892$1,656$905$478$246$11
48 years$2,799$1,581$851$441$223$9
49 years$2,711$1,510$799$408$203$8
50 years$2,626$1,442$752$377$184$6

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 $2,151 every year, while hoping to spend $31,059 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: 42/50/8 Blend
44$2,690,000$2,690,000$2,690,000$2,690,000
45$2,966,599$2,824,029$2,782,334$3,084,152
46$3,236,145$2,929,360$2,842,495$3,271,598
47$3,532,145$3,038,811$2,903,631$3,471,133
48$3,857,262$3,152,551$2,965,742$3,686,478
49$4,214,434$3,270,757$3,028,825$3,919,084
50$4,606,895$3,393,613$3,092,880$4,170,544
51$5,038,208$3,521,310$3,157,901$4,442,609
52$5,512,300$3,654,049$3,223,886$4,737,200
53$6,033,496$3,792,039$3,290,827$5,056,428
54$6,606,560$3,935,496$3,358,717$5,402,612
55$7,236,742$4,084,649$3,427,547$5,778,300
56$7,929,827$4,239,733$3,497,307$6,186,294
57$8,692,187$4,400,998$3,567,985$6,629,671
58$9,530,844$4,568,701$3,639,566$7,111,816
59$10,453,533$4,743,110$3,712,034$7,636,449
60$11,468,779$4,924,508$3,785,373$8,207,661
61$12,585,973$5,113,187$3,859,561$8,829,951
62$13,815,463$5,309,454$3,934,577$9,508,269
63$15,168,651$5,513,628$4,010,397$10,248,056
64$16,658,101$5,726,043$4,086,992$11,055,301
65$18,297,655$5,947,048$4,164,335$11,936,591
66$20,102,567$6,177,004$4,242,391$12,899,175
67$22,089,645$6,416,294$4,321,128$13,951,026
68$24,277,408$6,665,311$4,400,505$15,100,923
69$26,686,264$6,924,472$4,480,481$16,358,524
70$29,338,698$7,194,206$4,561,013$17,734,460
71$32,259,490$7,474,967$4,642,051$19,240,431
72$35,475,942$7,767,224$4,723,544$20,889,319
73$39,018,140$8,071,470$4,805,435$22,695,301
74$42,919,238$8,388,220$4,887,665$24,673,988
75$47,215,767$8,718,009$4,970,168$26,842,563
76$51,947,983$9,061,400$5,052,877$29,219,948
77$57,160,246$9,418,977$5,135,717$31,826,975
78$62,901,437$9,791,353$5,218,609$34,686,583
79$69,225,421$10,179,166$5,301,470$37,824,031
80$76,191,555$10,583,086$5,384,210$41,267,136
81$83,865,246$11,003,810$5,466,734$45,046,530
82$92,318,572$11,442,067$5,548,940$49,195,945
83$101,630,957$11,898,620$5,630,720$53,752,536
84$111,889,926$12,374,264$5,711,961$58,757,219
85$123,191,928$12,869,832$5,792,541$64,255,062
86$135,643,244$13,386,193$5,872,331$70,295,702
87$149,360,996$13,924,257$5,951,194$76,933,814
88$164,474,245$14,484,974$6,028,987$84,229,618
89$181,125,217$15,069,336$6,105,557$92,249,450
90$199,470,637$15,678,382$6,180,741$101,066,382
91$219,683,216$16,313,196$6,254,370$110,760,905
92$241,953,275$16,974,914$6,326,262$121,421,688
93$266,490,544$17,664,720$6,396,227$133,146,409
94$293,526,143$18,383,855$6,464,065$146,042,674
95$323,314,761$19,133,615$6,529,562$160,229,025
96$356,137,059$19,915,354$6,592,495$175,836,057
97$392,302,324$20,730,492$6,652,628$193,007,643
98$432,151,383$21,580,508$6,709,714$211,902,290
99$476,059,825$22,466,953$6,763,489$232,694,625
100$524,441,541$23,391,448$6,813,680$255,577,043