Can I retire at age 45 with 2,680,000?

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$221,312$219,341$217,417$215,540$213,707$207,281
2 years$109,560$107,520$105,542$103,625$101,765$95,346
3 years$72,315$70,265$68,293$66,394$64,564$58,352
4 years$53,696$51,653$49,700$47,833$46,048$40,090
5 years$42,527$40,496$38,569$36,740$35,005$29,318
6 years$35,084$33,068$31,170$29,381$27,698$22,288
7 years$29,769$27,771$25,902$24,156$22,526$17,392
8 years$25,785$23,805$21,967$20,264$18,687$13,826
9 years$22,688$20,726$18,920$17,260$15,737$11,144
10 years$20,212$18,269$16,495$14,879$13,409$9,076
11 years$18,187$16,264$14,522$12,949$11,532$7,453
12 years$16,501$14,598$12,888$11,358$9,994$6,160
13 years$15,075$13,192$11,514$10,027$8,715$5,117
14 years$13,855$11,991$10,346$8,901$7,639$4,269
15 years$12,797$10,954$9,341$7,938$6,726$3,574
16 years$11,873$10,050$8,469$7,108$5,945$3,000
17 years$11,059$9,256$7,706$6,386$5,271$2,524
18 years$10,336$8,553$7,035$5,755$4,687$2,128
19 years$9,689$7,927$6,440$5,200$4,177$1,797
20 years$9,108$7,366$5,910$4,710$3,731$1,519
21 years$8,584$6,861$5,436$4,275$3,339$1,286
22 years$8,107$6,404$5,011$3,887$2,993$1,090
23 years$7,672$5,990$4,626$3,540$2,687$924
24 years$7,275$5,612$4,279$3,228$2,415$784
25 years$6,909$5,267$3,963$2,948$2,173$666
26 years$6,573$4,950$3,675$2,696$1,957$566
27 years$6,262$4,658$3,413$2,468$1,765$481
28 years$5,973$4,390$3,173$2,261$1,592$409
29 years$5,705$4,141$2,952$2,073$1,438$347
30 years$5,455$3,911$2,750$1,903$1,299$296
31 years$5,222$3,697$2,564$1,747$1,175$251
32 years$5,004$3,498$2,392$1,606$1,062$214
33 years$4,799$3,313$2,234$1,477$962$182
34 years$4,607$3,140$2,087$1,359$871$155
35 years$4,427$2,978$1,951$1,251$789$132
36 years$4,256$2,827$1,825$1,152$714$112
37 years$4,096$2,685$1,708$1,061$648$96
38 years$3,944$2,551$1,600$978$587$81
39 years$3,800$2,426$1,499$902$532$69
40 years$3,664$2,308$1,405$832$483$59
41 years$3,535$2,197$1,317$768$438$50
42 years$3,412$2,093$1,236$708$397$43
43 years$3,295$1,994$1,160$654$361$36
44 years$3,184$1,900$1,088$604$327$31
45 years$3,078$1,812$1,022$558$297$26
46 years$2,977$1,729$960$515$270$23
47 years$2,881$1,650$902$476$245$19
48 years$2,789$1,575$847$440$223$16
49 years$2,701$1,504$797$406$202$14
50 years$2,617$1,437$749$376$184$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,680,000, adding $4,443 every year, while hoping to spend $39,608 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: 82/11/7 Blend
44$2,680,000$2,680,000$2,680,000$2,680,000
45$2,957,943$2,815,903$2,774,363$3,198,135
46$3,217,511$2,911,740$2,825,162$3,451,694
47$3,502,227$3,010,945$2,876,334$3,724,245
48$3,814,614$3,113,642$2,927,852$4,022,234
49$4,157,453$3,219,958$2,979,683$4,348,183
50$4,533,804$3,330,027$3,031,794$4,704,873
51$4,947,041$3,443,987$3,084,147$5,095,365
52$5,400,877$3,561,981$3,136,705$5,523,029
53$5,899,406$3,684,157$3,189,423$5,991,577
54$6,447,135$3,810,671$3,242,259$6,505,099
55$7,049,032$3,941,682$3,295,163$7,068,097
56$7,710,566$4,077,358$3,348,085$7,685,531
57$8,437,768$4,217,872$3,400,969$8,362,864
58$9,237,276$4,363,404$3,453,758$9,106,115
59$10,116,409$4,514,141$3,506,389$9,921,911
60$11,083,226$4,670,277$3,558,796$10,817,555
61$12,146,609$4,832,015$3,610,910$11,801,091
62$13,316,344$4,999,564$3,662,656$12,881,380
63$14,603,211$5,173,143$3,713,955$14,068,185
64$16,019,089$5,352,978$3,764,724$15,372,258
65$17,577,067$5,539,305$3,814,873$16,805,450
66$19,291,566$5,732,369$3,864,309$18,380,812
67$21,178,475$5,932,424$3,912,933$20,112,727
68$23,255,303$6,139,736$3,960,639$22,017,037
69$25,541,341$6,354,580$4,007,318$24,111,200
70$28,057,845$6,577,243$4,052,851$26,414,449
71$30,828,239$6,808,021$4,097,115$28,947,975
72$33,878,330$7,047,225$4,139,979$31,735,125
73$37,236,558$7,295,177$4,181,306$34,801,627
74$40,934,257$7,552,211$4,220,951$38,175,823
75$45,005,959$7,818,677$4,258,760$41,888,948
76$49,489,711$8,094,936$4,294,572$45,975,412
77$54,427,440$8,381,366$4,328,219$50,473,134
78$59,865,345$8,678,359$4,359,520$55,423,894
79$65,854,335$8,986,324$4,388,289$60,873,730
80$72,450,508$9,305,684$4,414,327$66,873,368
81$79,715,679$9,636,883$4,437,427$73,478,704
82$87,717,968$9,980,380$4,457,371$80,751,330
83$96,532,436$10,336,654$4,473,928$88,759,115
84$106,241,798$10,706,203$4,486,858$97,576,842
85$116,937,201$11,089,546$4,495,907$107,286,919
86$128,719,085$11,487,223$4,500,809$117,980,150
87$141,698,131$11,899,797$4,501,286$129,756,596
88$155,996,305$12,327,852$4,497,044$142,726,517
89$171,748,010$12,771,999$4,487,777$157,011,414
90$189,101,352$13,232,871$4,473,162$172,745,170
91$208,219,537$13,711,130$4,452,861$190,075,320
92$229,282,419$14,207,463$4,426,520$209,164,438
93$252,488,185$14,722,589$4,393,768$230,191,673
94$278,055,237$15,257,252$4,354,216$253,354,438
95$306,224,245$15,812,232$4,307,457$278,870,275
96$337,260,425$16,388,338$4,253,063$306,978,904
97$371,456,037$16,986,415$4,190,589$337,944,491
98$409,133,144$17,607,341$4,119,566$372,058,133
99$450,646,658$18,252,034$4,039,504$409,640,612
100$496,387,680$18,921,447$3,949,890$451,045,417