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%16.4%
1 years$222,138$220,159$218,229$216,344$214,504$208,895
2 years$109,969$107,921$105,936$104,012$102,145$96,532
3 years$72,585$70,528$68,548$66,641$64,805$59,364
4 years$53,896$51,845$49,885$48,011$46,219$40,992
5 years$42,686$40,647$38,713$36,877$35,135$30,136
6 years$35,215$33,192$31,286$29,491$27,801$23,035
7 years$29,880$27,874$25,999$24,246$22,610$18,077
8 years$25,881$23,893$22,049$20,340$18,757$14,455
9 years$22,773$20,803$18,991$17,325$15,796$11,722
10 years$20,287$18,337$16,557$14,934$13,459$9,607
11 years$18,255$16,325$14,576$12,997$11,575$7,940
12 years$16,562$14,652$12,936$11,400$10,031$6,606
13 years$15,132$13,241$11,557$10,065$8,747$5,525
14 years$13,906$12,036$10,384$8,934$7,668$4,641
15 years$12,845$10,995$9,376$7,968$6,751$3,912
16 years$11,918$10,088$8,500$7,134$5,967$3,308
17 years$11,100$9,290$7,735$6,410$5,291$2,804
18 years$10,374$8,585$7,061$5,777$4,704$2,381
19 years$9,726$7,956$6,464$5,220$4,193$2,026
20 years$9,142$7,393$5,932$4,728$3,745$1,726
21 years$8,616$6,887$5,457$4,291$3,352$1,472
22 years$8,137$6,428$5,029$3,901$3,004$1,257
23 years$7,701$6,012$4,644$3,553$2,697$1,075
24 years$7,302$5,633$4,295$3,240$2,424$919
25 years$6,935$5,286$3,978$2,959$2,181$787
26 years$6,597$4,968$3,689$2,706$1,965$674
27 years$6,285$4,676$3,426$2,477$1,771$577
28 years$5,995$4,406$3,185$2,269$1,598$495
29 years$5,726$4,157$2,963$2,081$1,443$424
30 years$5,476$3,925$2,760$1,910$1,304$364
31 years$5,242$3,711$2,573$1,754$1,179$312
32 years$5,023$3,511$2,401$1,612$1,066$268
33 years$4,817$3,325$2,242$1,482$965$230
34 years$4,625$3,152$2,095$1,364$874$197
35 years$4,443$2,989$1,958$1,256$791$169
36 years$4,272$2,837$1,832$1,156$717$145
37 years$4,111$2,695$1,715$1,065$650$125
38 years$3,959$2,561$1,606$982$589$107
39 years$3,814$2,435$1,504$905$534$92
40 years$3,678$2,317$1,410$835$485$79
41 years$3,548$2,205$1,322$771$440$68
42 years$3,425$2,100$1,240$711$399$58
43 years$3,308$2,001$1,164$656$362$50
44 years$3,196$1,908$1,092$606$329$43
45 years$3,090$1,819$1,026$560$298$37
46 years$2,989$1,735$963$517$271$32
47 years$2,892$1,656$905$478$246$27
48 years$2,799$1,581$851$441$223$23
49 years$2,711$1,510$799$408$203$20
50 years$2,626$1,442$752$377$184$17

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 $3,531 every year, while hoping to spend $59,935 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: 75/13/12 Blend
44$2,690,000$2,690,000$2,690,000$2,690,000
45$2,968,022$2,825,452$2,783,757$3,183,302
46$3,206,990$2,900,129$2,813,243$3,400,507
47$3,468,324$2,976,456$2,841,707$3,630,613
48$3,754,242$3,054,451$2,869,053$3,881,132
49$4,067,186$3,134,131$2,895,178$4,154,072
50$4,409,846$3,215,510$2,919,973$4,451,645
51$4,785,183$3,298,603$2,943,325$4,776,286
52$5,196,459$3,383,422$2,965,114$5,130,678
53$5,647,265$3,469,977$2,985,212$5,517,776
54$6,141,557$3,558,277$3,003,489$5,940,834
55$6,683,694$3,648,330$3,019,803$6,403,436
56$7,278,472$3,740,140$3,034,008$6,909,533
57$7,931,179$3,833,709$3,045,950$7,463,474
58$8,647,636$3,929,038$3,055,466$8,070,052
59$9,434,257$4,026,123$3,062,386$8,734,546
60$10,298,108$4,124,960$3,066,533$9,462,772
61$11,246,970$4,225,538$3,067,717$10,261,139
62$12,289,417$4,327,846$3,065,742$11,136,706
63$13,434,895$4,431,867$3,060,401$12,097,253
64$14,693,808$4,537,583$3,051,479$13,151,350
65$16,077,620$4,644,968$3,038,746$14,308,441
66$17,598,959$4,753,993$3,021,967$15,578,929
67$19,271,740$4,864,626$3,000,889$16,974,280
68$21,111,291$4,976,826$2,975,253$18,507,126
69$23,134,503$5,090,551$2,944,784$20,191,385
70$25,359,983$5,205,748$2,909,195$22,042,396
71$27,808,233$5,322,362$2,868,185$24,077,059
72$30,501,843$5,440,328$2,821,439$26,313,996
73$33,465,702$5,559,575$2,768,628$28,773,728
74$36,727,234$5,680,024$2,709,407$31,478,869
75$40,316,654$5,801,588$2,643,416$34,454,334
76$44,267,258$5,924,171$2,570,275$37,727,584
77$48,615,731$6,047,667$2,489,591$41,328,873
78$53,402,493$6,171,961$2,400,951$45,291,546
79$58,672,086$6,296,926$2,303,921$49,652,343
80$64,473,588$6,422,424$2,198,051$54,451,754
81$70,861,076$6,548,305$2,082,869$59,734,396
82$77,894,141$6,674,407$1,957,879$65,549,436
83$85,638,443$6,800,553$1,822,568$71,951,056
84$94,166,335$6,926,551$1,676,395$78,998,963
85$103,557,545$7,052,196$1,518,798$86,758,954
86$113,899,925$7,177,264$1,349,188$95,303,536
87$125,290,282$7,301,515$1,166,951$104,712,613
88$137,835,292$7,424,690$971,445$115,074,237
89$151,652,502$7,546,510$761,999$126,485,440
90$166,871,446$7,666,677$537,914$139,053,156
91$183,634,859$7,784,870$298,460$152,895,220
92$202,100,029$7,900,744$42,873$168,141,492
93$222,440,281$8,013,929$0$184,935,075
94$244,846,609$8,124,031$0$203,463,105
95$269,529,482$8,230,627$0$223,877,705
96$296,720,826$8,333,264$0$246,365,006
97$326,676,215$8,431,460$0$271,136,175
98$359,677,286$8,524,698$0$298,423,912
99$396,034,389$8,612,427$0$328,484,647
100$436,089,521$8,694,061$0$361,600,960