Can I retire at age 45 with 2,670,000?

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 $2,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$220,486$218,522$216,606$214,736$212,910$204,786
2 years$109,152$107,119$105,149$103,238$101,385$93,296
3 years$72,045$70,003$68,038$66,146$64,323$56,523
4 years$53,495$51,460$49,514$47,654$45,876$38,425
5 years$42,368$40,345$38,425$36,603$34,874$27,791
6 years$34,953$32,945$31,053$29,272$27,595$20,884
7 years$29,658$27,667$25,805$24,066$22,442$16,102
8 years$25,689$23,716$21,885$20,188$18,618$12,643
9 years$22,603$20,649$18,850$17,196$15,679$10,060
10 years$20,136$18,201$16,433$14,823$13,359$8,086
11 years$18,119$16,203$14,468$12,901$11,489$6,550
12 years$16,439$14,543$12,840$11,316$9,956$5,338
13 years$15,019$13,143$11,471$9,990$8,682$4,372
14 years$13,803$11,946$10,307$8,868$7,611$3,594
15 years$12,750$10,913$9,306$7,909$6,701$2,964
16 years$11,829$10,013$8,437$7,081$5,922$2,451
17 years$11,018$9,221$7,678$6,362$5,251$2,031
18 years$10,297$8,521$7,009$5,734$4,669$1,685
19 years$9,653$7,897$6,416$5,181$4,162$1,401
20 years$9,074$7,338$5,888$4,692$3,717$1,165
21 years$8,552$6,835$5,416$4,259$3,327$971
22 years$8,077$6,381$4,992$3,872$2,982$809
23 years$7,644$5,968$4,609$3,526$2,677$675
24 years$7,248$5,591$4,263$3,216$2,406$563
25 years$6,884$5,247$3,948$2,937$2,165$470
26 years$6,548$4,931$3,662$2,686$1,950$393
27 years$6,238$4,641$3,400$2,458$1,758$328
28 years$5,951$4,373$3,161$2,252$1,586$274
29 years$5,684$4,126$2,941$2,065$1,432$229
30 years$5,435$3,896$2,740$1,896$1,294$192
31 years$5,203$3,683$2,554$1,741$1,170$160
32 years$4,985$3,485$2,383$1,600$1,059$134
33 years$4,782$3,300$2,225$1,471$958$112
34 years$4,590$3,128$2,079$1,354$867$94
35 years$4,410$2,967$1,944$1,246$786$78
36 years$4,241$2,816$1,818$1,148$712$66
37 years$4,080$2,675$1,702$1,057$645$55
38 years$3,929$2,542$1,594$975$585$46
39 years$3,786$2,417$1,493$899$530$38
40 years$3,650$2,300$1,400$829$481$32
41 years$3,522$2,189$1,312$765$436$27
42 years$3,399$2,085$1,231$706$396$22
43 years$3,283$1,986$1,155$652$359$19
44 years$3,172$1,893$1,084$602$326$16
45 years$3,067$1,806$1,018$556$296$13
46 years$2,966$1,722$956$513$269$11
47 years$2,870$1,644$898$474$244$9
48 years$2,779$1,569$844$438$222$8
49 years$2,691$1,498$794$405$201$6
50 years$2,607$1,431$746$374$183$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,670,000, adding $4,991 every year, while hoping to spend $33,964 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: 31/43/26 Blend
44$2,670,000$2,670,000$2,670,000$2,670,000
45$2,947,488$2,805,978$2,764,593$3,015,171
46$3,211,995$2,907,334$2,821,070$3,168,961
47$3,502,342$3,012,517$2,878,300$3,331,043
48$3,821,131$3,121,681$2,936,273$3,504,838
49$4,171,225$3,234,982$2,994,977$3,691,393
50$4,555,780$3,352,586$3,054,398$3,891,856
51$4,978,270$3,474,663$3,114,521$4,107,487
52$5,442,526$3,601,393$3,175,329$4,339,671
53$5,952,764$3,732,962$3,236,803$4,589,929
54$6,513,632$3,869,563$3,298,922$4,859,928
55$7,130,249$4,011,399$3,361,664$5,151,503
56$7,808,257$4,158,680$3,425,002$5,466,671
57$8,553,870$4,311,626$3,488,909$5,807,644
58$9,373,933$4,470,464$3,553,357$6,176,857
59$10,275,992$4,635,434$3,618,312$6,576,987
60$11,268,357$4,806,784$3,683,739$7,010,975
61$12,360,186$4,984,773$3,749,601$7,482,057
62$13,561,569$5,169,671$3,815,856$7,993,790
63$14,883,623$5,361,759$3,882,462$8,550,088
64$16,338,598$5,561,331$3,949,370$9,155,255
65$17,939,992$5,768,693$4,016,530$9,814,026
66$19,702,675$5,984,163$4,083,888$10,531,612
67$21,643,035$6,208,074$4,151,386$11,313,745
68$23,779,129$6,440,774$4,218,962$12,166,733
69$26,130,853$6,682,624$4,286,549$13,097,520
70$28,720,129$6,934,002$4,354,077$14,113,745
71$31,571,115$7,195,301$4,421,472$15,223,820
72$34,710,429$7,466,932$4,488,652$16,437,001
73$38,167,405$7,749,323$4,555,533$17,763,479
74$41,974,362$8,042,921$4,622,025$19,214,474
75$46,166,915$8,348,193$4,688,032$20,802,337
76$50,784,311$8,665,626$4,753,452$22,540,666
77$55,869,796$8,995,726$4,818,177$24,444,437
78$61,471,022$9,339,023$4,882,093$26,530,137
79$67,640,502$9,696,072$4,945,079$28,815,922
80$74,436,102$10,067,448$5,007,008$31,321,787
81$81,921,585$10,453,753$5,067,743$34,069,750
82$90,167,217$10,855,618$5,127,143$37,084,060
83$99,250,427$11,273,697$5,185,056$40,391,424
84$109,256,538$11,708,675$5,241,323$44,021,257
85$120,279,573$12,161,269$5,295,776$48,005,957
86$132,423,143$12,632,224$5,348,237$52,381,208
87$145,801,420$13,122,320$5,398,520$57,186,316
88$160,540,222$13,632,370$5,446,428$62,464,576
89$176,778,194$14,163,226$5,491,752$68,263,682
90$194,668,120$14,715,774$5,534,276$74,636,168
91$214,378,362$15,290,941$5,573,768$81,639,907
92$236,094,453$15,889,695$5,609,988$89,338,653
93$260,020,845$16,513,048$5,642,679$97,802,638
94$286,382,838$17,162,054$5,671,576$107,109,234
95$315,428,711$17,837,818$5,696,397$117,343,681
96$347,432,059$18,541,491$5,716,846$128,599,885
97$382,694,382$19,274,276$5,732,614$140,981,304
98$421,547,926$20,037,433$5,743,373$154,601,920
99$464,358,821$20,832,274$5,748,782$169,587,311
100$511,530,536$21,660,171$5,748,483$186,075,833