Can I retire at age 45 with 2,610,000?

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$215,531$213,612$211,738$209,910$208,125$201,705
2 years$106,699$104,712$102,786$100,918$99,107$92,695
3 years$70,426$68,430$66,509$64,659$62,878$56,675
4 years$52,293$50,303$48,402$46,583$44,845$38,899
5 years$41,416$39,438$37,562$35,781$34,090$28,417
6 years$34,167$32,204$30,355$28,614$26,975$21,579
7 years$28,992$27,045$25,225$23,525$21,938$16,820
8 years$25,112$23,183$21,393$19,735$18,199$13,355
9 years$22,095$20,185$18,426$16,810$15,326$10,751
10 years$19,684$17,792$16,064$14,490$13,059$8,746
11 years$17,712$15,839$14,143$12,611$11,231$7,172
12 years$16,070$14,216$12,551$11,061$9,733$5,920
13 years$14,682$12,847$11,214$9,765$8,487$4,911
14 years$13,493$11,678$10,076$8,669$7,440$4,092
15 years$12,463$10,668$9,097$7,731$6,550$3,420
16 years$11,563$9,788$8,248$6,922$5,789$2,867
17 years$10,770$9,014$7,505$6,220$5,133$2,409
18 years$10,066$8,329$6,851$5,605$4,564$2,028
19 years$9,436$7,720$6,272$5,065$4,068$1,710
20 years$8,871$7,173$5,756$4,587$3,634$1,443
21 years$8,359$6,682$5,294$4,163$3,252$1,220
22 years$7,895$6,237$4,880$3,785$2,915$1,032
23 years$7,472$5,834$4,505$3,447$2,617$874
24 years$7,085$5,466$4,167$3,144$2,352$740
25 years$6,729$5,129$3,859$2,871$2,116$628
26 years$6,401$4,821$3,579$2,625$1,906$532
27 years$6,098$4,537$3,324$2,403$1,719$452
28 years$5,817$4,275$3,090$2,202$1,551$383
29 years$5,556$4,033$2,875$2,019$1,400$325
30 years$5,313$3,809$2,678$1,853$1,265$276
31 years$5,086$3,600$2,497$1,702$1,144$235
32 years$4,873$3,407$2,330$1,564$1,035$199
33 years$4,674$3,226$2,175$1,438$936$169
34 years$4,487$3,058$2,032$1,323$848$144
35 years$4,311$2,900$1,900$1,218$768$122
36 years$4,145$2,753$1,778$1,122$696$104
37 years$3,989$2,615$1,664$1,034$631$88
38 years$3,841$2,485$1,558$953$572$75
39 years$3,701$2,363$1,460$879$518$64
40 years$3,568$2,248$1,368$810$470$54
41 years$3,442$2,140$1,283$748$427$46
42 years$3,323$2,038$1,203$690$387$39
43 years$3,209$1,942$1,129$637$351$33
44 years$3,101$1,851$1,060$588$319$28
45 years$2,998$1,765$995$543$290$24
46 years$2,900$1,684$935$502$263$20
47 years$2,806$1,607$878$463$239$17
48 years$2,716$1,534$825$428$217$15
49 years$2,630$1,465$776$396$197$13
50 years$2,548$1,399$729$366$179$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,610,000, adding $4,514 every year, while hoping to spend $29,200 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: 83/6/11 Blend
44$2,610,000$2,610,000$2,610,000$2,610,000
45$2,880,876$2,742,546$2,702,091$3,114,400
46$3,143,657$2,845,862$2,761,543$3,371,278
47$3,432,263$2,953,262$2,822,007$3,648,977
48$3,749,297$3,064,916$2,883,488$3,953,065
49$4,097,627$3,180,998$2,945,986$4,286,175
50$4,480,413$3,301,695$3,009,505$4,651,209
51$4,901,135$3,427,198$3,074,043$5,051,365
52$5,363,628$3,557,708$3,139,601$5,490,160
53$5,872,116$3,693,434$3,206,176$5,971,473
54$6,431,255$3,834,595$3,273,765$6,499,574
55$7,046,171$3,981,418$3,342,364$7,079,167
56$7,722,515$4,134,142$3,411,968$7,715,435
57$8,466,511$4,293,015$3,482,569$8,414,086
58$9,285,018$4,458,296$3,554,158$9,181,409
59$10,185,594$4,630,256$3,626,726$10,024,332
60$11,176,563$4,809,177$3,700,260$10,950,487
61$12,267,100$4,995,355$3,774,747$11,968,282
62$13,467,314$5,189,097$3,850,170$13,086,980
63$14,788,342$5,390,724$3,926,513$14,316,788
64$16,242,457$5,600,574$4,003,755$15,668,949
65$17,843,182$5,818,996$4,081,875$17,155,853
66$19,605,416$6,046,356$4,160,847$18,791,147
67$21,545,578$6,283,037$4,240,645$20,589,870
68$23,681,759$6,529,439$4,321,240$22,568,592
69$26,033,895$6,785,978$4,402,597$24,745,569
70$28,623,952$7,053,090$4,484,684$27,140,917
71$31,476,134$7,331,230$4,567,460$29,776,798
72$34,617,114$7,620,875$4,650,884$32,677,635
73$38,076,282$7,922,520$4,734,910$35,870,336
74$41,886,023$8,236,684$4,819,491$39,384,550
75$46,082,027$8,563,911$4,904,573$43,252,947
76$50,703,617$8,904,766$4,990,099$47,511,527
77$55,794,127$9,259,841$5,076,009$52,199,955
78$61,401,310$9,629,755$5,162,238$57,361,940
79$67,577,786$10,015,155$5,248,715$63,045,644
80$74,381,539$10,416,716$5,335,365$69,304,138
81$81,876,465$10,835,144$5,422,109$76,195,901
82$90,132,976$11,271,178$5,508,861$83,785,372
83$99,228,662$11,725,588$5,595,530$92,143,559
84$109,249,024$12,199,181$5,682,020$101,348,706
85$120,288,284$12,692,800$5,768,227$111,487,034
86$132,450,268$13,207,326$5,854,041$122,653,553
87$145,849,390$13,743,680$5,939,346$134,952,959
88$160,611,732$14,302,825$6,024,019$148,500,621
89$176,876,233$14,885,768$6,107,928$163,423,667
90$194,795,999$15,493,561$6,190,934$179,862,191
91$214,539,751$16,127,305$6,272,890$197,970,565
92$236,293,414$16,788,151$6,353,640$217,918,905
93$260,261,875$17,477,303$6,433,020$239,894,669
94$286,670,914$18,196,019$6,510,854$264,104,430
95$315,769,339$18,945,616$6,586,959$290,775,823
96$347,831,330$19,727,470$6,661,141$320,159,695
97$383,159,030$20,543,020$6,733,193$352,532,472
98$422,085,396$21,393,773$6,802,900$388,198,767
99$464,977,342$22,281,303$6,870,033$427,494,256
100$512,239,202$23,207,258$6,934,350$470,788,842