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%18.8%
1 years$165,158$163,687$162,252$160,851$159,483$153,824
2 years$81,761$80,239$78,763$77,332$75,944$70,304
3 years$53,966$52,437$50,965$49,547$48,182$42,737
4 years$40,071$38,547$37,089$35,696$34,364$29,155
5 years$31,737$30,221$28,783$27,418$26,123$21,165
6 years$26,182$24,678$23,261$21,926$20,670$15,966
7 years$22,216$20,724$19,330$18,027$16,810$12,360
8 years$19,243$17,765$16,393$15,122$13,946$9,745
9 years$16,931$15,467$14,120$12,881$11,744$7,787
10 years$15,083$13,634$12,310$11,103$10,007$6,287
11 years$13,572$12,137$10,837$9,663$8,606$5,116
12 years$12,314$10,894$9,618$8,476$7,458$4,189
13 years$11,250$9,845$8,593$7,483$6,503$3,447
14 years$10,339$8,949$7,721$6,643$5,701$2,848
15 years$9,550$8,175$6,971$5,924$5,020$2,361
16 years$8,861$7,500$6,320$5,304$4,436$1,962
17 years$8,253$6,907$5,751$4,766$3,934$1,634
18 years$7,713$6,383$5,250$4,295$3,497$1,363
19 years$7,231$5,915$4,806$3,881$3,117$1,139
20 years$6,797$5,497$4,411$3,515$2,785$953
21 years$6,406$5,120$4,057$3,190$2,492$798
22 years$6,050$4,779$3,739$2,900$2,234$669
23 years$5,726$4,470$3,452$2,642$2,005$561
24 years$5,429$4,188$3,193$2,409$1,802$471
25 years$5,156$3,930$2,957$2,200$1,622$395
26 years$4,905$3,694$2,743$2,012$1,461$332
27 years$4,673$3,476$2,547$1,841$1,317$279
28 years$4,458$3,276$2,368$1,687$1,188$234
29 years$4,258$3,090$2,203$1,547$1,073$197
30 years$4,071$2,919$2,052$1,420$970$166
31 years$3,897$2,759$1,913$1,304$877$139
32 years$3,734$2,611$1,785$1,198$793$117
33 years$3,582$2,472$1,667$1,102$718$99
34 years$3,438$2,343$1,557$1,014$650$83
35 years$3,304$2,222$1,456$933$588$70
36 years$3,176$2,109$1,362$860$533$59
37 years$3,057$2,003$1,275$792$483$49
38 years$2,943$1,904$1,194$730$438$42
39 years$2,836$1,811$1,119$673$397$35
40 years$2,734$1,723$1,048$621$360$29
41 years$2,638$1,640$983$573$327$25
42 years$2,546$1,562$922$529$297$21
43 years$2,459$1,488$865$488$269$18
44 years$2,376$1,418$812$451$244$15
45 years$2,297$1,352$763$416$222$12
46 years$2,222$1,290$716$384$201$10
47 years$2,150$1,231$673$355$183$9
48 years$2,081$1,175$632$328$166$7
49 years$2,016$1,122$594$303$151$6
50 years$1,953$1,072$559$280$137$5

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 $6,742 every year, while hoping to spend $53,953 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: 45/31/24 Blend
44$2,000,000$2,000,000$2,000,000$2,000,000
45$2,210,954$2,104,954$2,073,954$2,294,865
46$2,379,066$2,150,692$2,086,026$2,400,549
47$2,562,517$2,196,862$2,096,694$2,509,307
48$2,762,815$2,243,429$2,105,854$2,626,179
49$2,981,619$2,290,354$2,113,398$2,751,947
50$3,220,756$2,337,593$2,119,209$2,887,476
51$3,482,238$2,385,101$2,123,167$3,033,717
52$3,768,280$2,432,824$2,125,147$3,191,722
53$4,081,321$2,480,708$2,125,015$3,362,648
54$4,424,044$2,528,692$2,122,632$3,547,772
55$4,799,408$2,576,709$2,117,851$3,748,504
56$5,210,668$2,624,688$2,110,520$3,966,398
57$5,661,411$2,672,553$2,100,478$4,203,166
58$6,155,587$2,720,220$2,087,555$4,460,699
59$6,697,545$2,767,598$2,071,576$4,741,081
60$7,292,076$2,814,592$2,052,356$5,046,610
61$7,944,458$2,861,098$2,029,700$5,379,823
62$8,660,504$2,907,002$2,003,406$5,743,515
63$9,446,616$2,952,186$1,973,260$6,140,769
64$10,309,847$2,996,520$1,939,042$6,574,987
65$11,257,969$3,039,867$1,900,516$7,049,919
66$12,299,539$3,082,077$1,857,441$7,569,701
67$13,443,986$3,122,994$1,809,560$8,138,894
68$14,701,700$3,162,447$1,756,607$8,762,529
69$16,084,122$3,200,256$1,698,302$9,446,153
70$17,603,861$3,236,227$1,634,354$10,195,882
71$19,274,807$3,270,154$1,564,457$11,018,463
72$21,112,263$3,301,817$1,488,292$11,921,333
73$23,133,089$3,330,982$1,405,525$12,912,696
74$25,355,862$3,357,398$1,315,808$14,001,595
75$27,801,049$3,380,799$1,218,776$15,198,003
76$30,491,200$3,400,902$1,114,049$16,512,916
77$33,451,161$3,417,405$1,001,228$17,958,461
78$36,708,308$3,429,987$879,899$19,548,004
79$40,292,807$3,438,307$749,626$21,296,287
80$44,237,891$3,442,003$609,957$23,219,561
81$48,580,184$3,440,689$460,419$25,335,744
82$53,360,037$3,433,957$300,517$27,664,591
83$58,621,912$3,421,372$129,735$30,227,884
84$64,414,802$3,402,474$0$33,049,633
85$70,792,690$3,376,773$0$36,169,762
86$77,815,061$3,343,752$0$39,640,333
87$85,547,462$3,302,861$0$43,460,415
88$94,062,119$3,253,517$0$47,665,633
89$103,438,618$3,195,102$0$52,295,253
90$113,764,659$3,126,964$0$57,392,551
91$125,136,877$3,048,408$0$63,005,222
92$137,661,761$2,958,703$0$69,185,835
93$151,456,653$2,857,071$0$75,992,324
94$166,650,855$2,742,691$0$83,488,544
95$183,386,852$2,614,693$0$91,744,868
96$201,821,656$2,472,158$0$100,838,858
97$222,128,285$2,314,114$0$110,855,995
98$244,497,395$2,139,531$0$121,890,491
99$269,139,084$1,947,322$0$134,046,177
100$296,284,868$1,736,338$0$147,437,487