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

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$165,158$163,687$162,252$160,851$159,483$155,881
2 years$81,761$80,239$78,763$77,332$75,944$72,334
3 years$53,966$52,437$50,965$49,547$48,182$44,677
4 years$40,071$38,547$37,089$35,696$34,364$30,991
5 years$31,737$30,221$28,783$27,418$26,123$22,892
6 years$26,182$24,678$23,261$21,926$20,670$17,584
7 years$22,216$20,724$19,330$18,027$16,810$13,870
8 years$19,243$17,765$16,393$15,122$13,946$11,149
9 years$16,931$15,467$14,120$12,881$11,744$9,090
10 years$15,083$13,634$12,310$11,103$10,007$7,492
11 years$13,572$12,137$10,837$9,663$8,606$6,228
12 years$12,314$10,894$9,618$8,476$7,458$5,212
13 years$11,250$9,845$8,593$7,483$6,503$4,385
14 years$10,339$8,949$7,721$6,643$5,701$3,706
15 years$9,550$8,175$6,971$5,924$5,020$3,144
16 years$8,861$7,500$6,320$5,304$4,436$2,676
17 years$8,253$6,907$5,751$4,766$3,934$2,283
18 years$7,713$6,383$5,250$4,295$3,497$1,952
19 years$7,231$5,915$4,806$3,881$3,117$1,672
20 years$6,797$5,497$4,411$3,515$2,785$1,434
21 years$6,406$5,120$4,057$3,190$2,492$1,232
22 years$6,050$4,779$3,739$2,900$2,234$1,059
23 years$5,726$4,470$3,452$2,642$2,005$912
24 years$5,429$4,188$3,193$2,409$1,802$785
25 years$5,156$3,930$2,957$2,200$1,622$677
26 years$4,905$3,694$2,743$2,012$1,461$584
27 years$4,673$3,476$2,547$1,841$1,317$504
28 years$4,458$3,276$2,368$1,687$1,188$435
29 years$4,258$3,090$2,203$1,547$1,073$376
30 years$4,071$2,919$2,052$1,420$970$325
31 years$3,897$2,759$1,913$1,304$877$281
32 years$3,734$2,611$1,785$1,198$793$243
33 years$3,582$2,472$1,667$1,102$718$210
34 years$3,438$2,343$1,557$1,014$650$181
35 years$3,304$2,222$1,456$933$588$157
36 years$3,176$2,109$1,362$860$533$136
37 years$3,057$2,003$1,275$792$483$117
38 years$2,943$1,904$1,194$730$438$102
39 years$2,836$1,811$1,119$673$397$88
40 years$2,734$1,723$1,048$621$360$76
41 years$2,638$1,640$983$573$327$66
42 years$2,546$1,562$922$529$297$57
43 years$2,459$1,488$865$488$269$49
44 years$2,376$1,418$812$451$244$43
45 years$2,297$1,352$763$416$222$37
46 years$2,222$1,290$716$384$201$32
47 years$2,150$1,231$673$355$183$28
48 years$2,081$1,175$632$328$166$24
49 years$2,016$1,122$594$303$151$21
50 years$1,953$1,072$559$280$137$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,000,000, adding $5,157 every year, while hoping to spend $58,701 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: 44/50/6 Blend
44$2,000,000$2,000,000$2,000,000$2,000,000
45$2,209,319$2,103,319$2,072,319$2,302,571
46$2,372,213$2,143,925$2,079,285$2,408,122
47$2,549,753$2,184,552$2,084,516$2,515,982
48$2,743,374$2,225,141$2,087,893$2,631,508
49$2,954,651$2,265,625$2,089,290$2,755,422
50$3,185,318$2,305,934$2,088,574$2,888,520
51$3,437,287$2,345,991$2,085,608$3,031,679
52$3,712,659$2,385,713$2,080,244$3,185,867
53$4,013,749$2,425,012$2,072,331$3,352,150
54$4,343,105$2,463,792$2,061,708$3,531,705
55$4,703,535$2,501,951$2,048,209$3,725,827
56$5,098,128$2,539,378$2,031,656$3,935,947
57$5,530,286$2,575,957$2,011,865$4,163,642
58$6,003,757$2,611,561$1,988,645$4,410,650
59$6,522,668$2,646,055$1,961,792$4,678,891
60$7,091,563$2,679,295$1,931,095$4,970,477
61$7,715,448$2,711,126$1,896,333$5,287,744
62$8,399,837$2,741,384$1,857,273$5,633,262
63$9,150,802$2,769,894$1,813,673$6,009,870
64$9,975,032$2,796,467$1,765,280$6,420,698
65$10,879,896$2,820,904$1,711,827$6,869,196
66$11,873,509$2,842,992$1,653,036$7,359,172
67$12,964,812$2,862,504$1,588,618$7,894,823
68$14,163,654$2,879,198$1,518,269$8,480,781
69$15,480,886$2,892,818$1,441,670$9,122,153
70$16,928,461$2,903,090$1,358,490$9,824,569
71$18,519,547$2,909,724$1,268,382$10,594,242
72$20,268,652$2,912,412$1,170,984$11,438,023
73$22,191,758$2,910,824$1,065,916$12,363,466
74$24,306,477$2,904,614$952,784$13,378,902
75$26,632,208$2,893,410$831,172$14,493,520
76$29,190,327$2,876,822$700,651$15,717,452
77$32,004,387$2,854,432$560,769$17,061,872
78$35,100,334$2,825,799$411,055$18,539,101
79$38,506,761$2,790,456$251,017$20,162,726
80$42,255,168$2,747,906$80,144$21,947,731
81$46,380,265$2,697,623$0$23,910,637
82$50,920,297$2,639,052$0$26,076,206
83$55,917,404$2,571,601$0$28,463,881
84$61,418,017$2,494,648$0$31,090,714
85$67,473,299$2,407,530$0$33,981,167
86$74,139,626$2,309,549$0$37,162,206
87$81,479,115$2,199,965$0$40,663,564
88$89,560,216$2,077,994$0$44,518,020
89$98,458,351$1,942,809$0$48,761,711
90$108,256,630$1,793,534$0$53,434,476
91$119,046,633$1,629,243$0$58,580,235
92$130,929,272$1,448,959$0$64,247,404
93$144,015,747$1,251,648$0$70,489,361
94$158,428,591$1,036,216$0$77,364,946
95$174,302,827$801,510$0$84,939,024
96$191,787,242$546,311$0$93,283,100
97$211,045,792$269,331$0$102,475,997
98$232,259,146$0$0$112,604,605
99$255,626,392$0$0$123,781,645
100$281,366,917$0$0$136,257,467