Can I retire at age 45 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$218,835$216,885$214,983$213,127$211,315$207,473
2 years$108,334$106,316$104,361$102,465$100,626$96,769
3 years$71,505$69,479$67,528$65,650$63,841$60,089
4 years$53,094$51,074$49,143$47,297$45,532$41,914
5 years$42,051$40,043$38,137$36,329$34,613$31,139
6 years$34,691$32,698$30,821$29,053$27,388$24,063
7 years$29,436$27,460$25,612$23,886$22,274$19,098
8 years$25,496$23,538$21,721$20,037$18,478$15,451
9 years$22,434$20,494$18,708$17,067$15,561$12,680
10 years$19,985$18,065$16,310$14,712$13,259$10,522
11 years$17,983$16,082$14,359$12,804$11,403$8,807
12 years$16,316$14,434$12,744$11,231$9,882$7,423
13 years$14,907$13,044$11,386$9,915$8,617$6,292
14 years$13,699$11,857$10,230$8,801$7,554$5,358
15 years$12,654$10,831$9,236$7,849$6,651$4,580
16 years$11,740$9,938$8,374$7,028$5,878$3,928
17 years$10,935$9,152$7,620$6,315$5,212$3,378
18 years$10,220$8,457$6,956$5,691$4,634$2,911
19 years$9,581$7,838$6,368$5,142$4,131$2,514
20 years$9,007$7,283$5,844$4,657$3,689$2,174
21 years$8,487$6,784$5,376$4,227$3,302$1,883
22 years$8,016$6,333$4,954$3,843$2,959$1,633
23 years$7,587$5,923$4,575$3,500$2,657$1,418
24 years$7,193$5,549$4,231$3,192$2,388$1,232
25 years$6,832$5,208$3,918$2,915$2,149$1,071
26 years$6,499$4,895$3,634$2,666$1,935$932
27 years$6,192$4,606$3,375$2,440$1,745$812
28 years$5,906$4,341$3,137$2,235$1,575$707
29 years$5,641$4,095$2,919$2,050$1,422$616
30 years$5,394$3,867$2,719$1,881$1,285$537
31 years$5,164$3,656$2,535$1,728$1,161$469
32 years$4,948$3,459$2,365$1,588$1,051$409
33 years$4,746$3,276$2,209$1,460$951$357
34 years$4,556$3,105$2,064$1,344$861$311
35 years$4,377$2,945$1,929$1,237$780$272
36 years$4,209$2,795$1,805$1,139$706$237
37 years$4,050$2,655$1,689$1,050$640$207
38 years$3,900$2,523$1,582$967$580$181
39 years$3,758$2,399$1,482$892$526$158
40 years$3,623$2,282$1,389$823$477$138
41 years$3,495$2,173$1,303$759$433$121
42 years$3,374$2,069$1,222$701$393$105
43 years$3,258$1,971$1,147$647$357$92
44 years$3,149$1,879$1,076$597$324$80
45 years$3,044$1,792$1,011$551$294$70
46 years$2,944$1,710$949$509$267$61
47 years$2,849$1,631$892$471$242$54
48 years$2,758$1,557$838$435$220$47
49 years$2,671$1,487$788$402$200$41
50 years$2,587$1,421$740$371$182$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,650,000, adding $2,828 every year, while hoping to spend $20,673 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: 54/27/19 Blend
44$2,650,000$2,650,000$2,650,000$2,650,000
45$2,923,217$2,782,767$2,741,692$3,065,866
46$3,199,389$2,897,127$2,811,543$3,278,177
47$3,503,038$3,016,397$2,883,041$3,506,745
48$3,836,945$3,140,797$2,956,219$3,755,103
49$4,204,172$3,270,556$3,031,112$4,025,145
50$4,608,097$3,405,912$3,107,753$4,318,956
51$5,052,437$3,547,116$3,186,177$4,638,826
52$5,541,291$3,694,430$3,266,419$4,987,274
53$6,079,174$3,848,128$3,348,515$5,367,072
54$6,671,059$4,008,496$3,432,501$5,781,268
55$7,322,429$4,175,834$3,518,411$6,233,217
56$8,039,323$4,350,456$3,606,284$6,726,608
57$8,828,395$4,532,690$3,696,156$7,265,501
58$9,696,978$4,722,878$3,788,064$7,854,365
59$10,653,151$4,921,380$3,882,045$8,498,116
60$11,705,817$5,128,573$3,978,138$9,202,166
61$12,864,785$5,344,847$4,076,380$9,972,472
62$14,140,865$5,570,616$4,176,811$10,815,589
63$15,545,967$5,806,310$4,279,467$11,738,736
64$17,093,215$6,052,379$4,384,389$12,749,857
65$18,797,072$6,309,294$4,491,615$13,857,700
66$20,673,473$6,577,549$4,601,184$15,071,895
67$22,739,978$6,857,661$4,713,135$16,403,046
68$25,015,938$7,150,168$4,827,507$17,862,830
69$27,522,675$7,455,638$4,944,340$19,464,101
70$30,283,686$7,774,662$5,063,673$21,221,019
71$33,324,861$8,107,859$5,185,545$23,149,173
72$36,674,731$8,455,879$5,309,996$25,265,734
73$40,364,737$8,819,400$5,437,063$27,589,610
74$44,429,522$9,199,133$5,566,787$30,141,627
75$48,907,264$9,595,821$5,699,205$32,944,721
76$53,840,033$10,010,244$5,834,356$36,024,156
77$59,274,187$10,443,217$5,972,278$39,407,758
78$65,260,812$10,895,593$6,113,008$43,126,175
79$71,856,205$11,368,266$6,256,583$47,213,169
80$79,122,399$11,862,173$6,403,040$51,705,928
81$87,127,756$12,378,291$6,552,414$56,645,417
82$95,947,608$12,917,649$6,704,741$62,076,761
83$105,664,969$13,481,318$6,860,054$68,049,672
84$116,371,317$14,070,425$7,018,388$74,618,913
85$128,167,462$14,686,146$7,179,774$81,844,812
86$141,164,491$15,329,715$7,344,245$89,793,832
87$155,484,821$16,002,423$7,511,829$98,539,192
88$171,263,354$16,705,623$7,682,556$108,161,558
89$188,648,749$17,440,731$7,856,454$118,749,801
90$207,804,824$18,209,229$8,033,548$130,401,832
91$228,912,107$19,012,673$8,213,863$143,225,523
92$252,169,535$19,852,687$8,397,421$157,339,724
93$277,796,336$20,730,976$8,584,242$172,875,379
94$306,034,093$21,649,326$8,774,346$189,976,760
95$337,149,032$22,609,604$8,967,748$208,802,823
96$371,434,527$23,613,768$9,164,461$229,528,710
97$409,213,876$24,663,870$9,364,498$252,347,389
98$450,843,349$25,762,058$9,567,866$277,471,482
99$496,715,553$26,910,580$9,774,572$305,135,258
100$547,263,136$28,111,795$9,984,617$335,596,847