Can I retire at age 45 with 2,010,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$165,984$164,505$163,063$161,655$160,280$154,470
2 years$82,170$80,640$79,157$77,719$76,324$70,534
3 years$54,236$52,699$51,220$49,795$48,423$42,836
4 years$40,272$38,739$37,275$35,875$34,536$29,194
5 years$31,895$30,372$28,927$27,555$26,253$21,170
6 years$26,313$24,801$23,377$22,036$20,773$15,953
7 years$22,327$20,828$19,427$18,117$16,894$12,335
8 years$19,339$17,853$16,475$15,198$14,016$9,714
9 years$17,016$15,545$14,190$12,945$11,803$7,753
10 years$15,159$13,702$12,371$11,159$10,057$6,252
11 years$13,640$12,198$10,891$9,712$8,649$5,081
12 years$12,376$10,948$9,666$8,518$7,495$4,155
13 years$11,307$9,894$8,636$7,520$6,536$3,414
14 years$10,391$8,993$7,759$6,676$5,729$2,817
15 years$9,598$8,216$7,006$5,954$5,045$2,331
16 years$8,905$7,538$6,352$5,331$4,458$1,935
17 years$8,294$6,942$5,780$4,790$3,953$1,609
18 years$7,752$6,415$5,276$4,317$3,515$1,340
19 years$7,267$5,945$4,830$3,900$3,133$1,118
20 years$6,831$5,524$4,433$3,533$2,798$934
21 years$6,438$5,146$4,077$3,206$2,504$781
22 years$6,080$4,803$3,758$2,915$2,245$653
23 years$5,754$4,492$3,470$2,655$2,015$547
24 years$5,456$4,209$3,209$2,421$1,811$458
25 years$5,182$3,950$2,972$2,211$1,630$384
26 years$4,930$3,712$2,756$2,022$1,468$322
27 years$4,696$3,494$2,560$1,851$1,324$270
28 years$4,480$3,292$2,380$1,696$1,194$227
29 years$4,279$3,106$2,214$1,555$1,078$190
30 years$4,091$2,933$2,063$1,427$974$160
31 years$3,917$2,773$1,923$1,311$881$134
32 years$3,753$2,624$1,794$1,204$797$113
33 years$3,600$2,485$1,675$1,108$721$95
34 years$3,456$2,355$1,565$1,019$653$79
35 years$3,320$2,234$1,463$938$591$67
36 years$3,192$2,120$1,369$864$536$56
37 years$3,072$2,013$1,281$796$486$47
38 years$2,958$1,914$1,200$734$440$40
39 years$2,850$1,820$1,124$677$399$33
40 years$2,748$1,731$1,054$624$362$28
41 years$2,651$1,648$988$576$329$23
42 years$2,559$1,569$927$531$298$20
43 years$2,471$1,495$870$490$271$17
44 years$2,388$1,425$816$453$246$14
45 years$2,309$1,359$766$418$223$12
46 years$2,233$1,297$720$386$202$10
47 years$2,161$1,237$676$357$184$8
48 years$2,092$1,181$636$330$167$7
49 years$2,026$1,128$597$305$152$6
50 years$1,962$1,078$562$282$138$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,010,000, adding $4,669 every year, while hoping to spend $35,546 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: 70/11/19 Blend
44$2,010,000$2,010,000$2,010,000$2,010,000
45$2,219,836$2,113,306$2,082,151$2,364,697
46$2,408,439$2,179,037$2,114,082$2,527,586
47$2,615,087$2,246,798$2,145,892$2,701,159
48$2,841,585$2,316,650$2,177,539$2,890,256
49$3,089,919$2,388,658$2,208,978$3,096,408
50$3,362,274$2,462,886$2,240,163$3,321,301
51$3,661,062$2,539,403$2,271,043$3,566,791
52$3,988,934$2,618,278$2,301,567$3,834,922
53$4,348,814$2,699,582$2,331,679$4,127,948
54$4,743,922$2,783,391$2,361,319$4,448,348
55$5,177,804$2,869,779$2,390,425$4,798,856
56$5,654,368$2,958,825$2,418,932$5,182,480
57$6,177,916$3,050,610$2,446,768$5,602,537
58$6,753,190$3,145,217$2,473,862$6,062,680
59$7,385,414$3,242,731$2,500,135$6,566,932
60$8,080,341$3,343,240$2,525,505$7,119,727
61$8,844,312$3,446,835$2,549,885$7,725,949
62$9,684,311$3,553,609$2,573,186$8,390,978
63$10,608,033$3,663,658$2,595,310$9,120,743
64$11,623,957$3,777,082$2,616,157$9,921,776
65$12,741,422$3,893,981$2,635,620$10,801,272
66$13,970,722$4,014,460$2,653,587$11,767,163
67$15,323,194$4,138,628$2,669,942$12,828,184
68$16,811,334$4,266,594$2,684,559$13,993,961
69$18,448,907$4,398,475$2,697,308$15,275,102
70$20,251,082$4,534,386$2,708,054$16,683,295
71$22,234,570$4,674,448$2,716,652$18,231,416
72$24,417,787$4,818,787$2,722,951$19,933,657
73$26,821,024$4,967,531$2,726,792$21,805,654
74$29,466,639$5,120,810$2,728,010$23,864,636
75$32,379,268$5,278,761$2,726,430$26,129,589
76$35,586,056$5,441,523$2,721,868$28,621,435
77$39,116,915$5,609,240$2,714,132$31,363,225
78$43,004,807$5,782,058$2,703,022$34,380,363
79$47,286,049$5,960,131$2,688,325$37,700,843
80$52,000,663$6,143,614$2,669,821$41,355,510
81$57,192,747$6,332,669$2,647,277$45,378,356
82$62,910,897$6,527,459$2,620,450$49,806,839
83$69,208,659$6,728,155$2,589,086$54,682,235
84$76,145,040$6,934,932$2,552,918$60,050,030
85$83,785,061$7,147,970$2,511,667$65,960,345
86$92,200,370$7,367,454$2,465,041$72,468,417
87$101,469,921$7,593,573$2,412,733$79,635,112
88$111,680,718$7,826,523$2,354,425$87,527,505
89$122,928,633$8,066,504$2,289,780$96,219,508
90$135,319,315$8,313,724$2,218,449$105,792,576
91$148,969,183$8,568,395$2,140,065$116,336,467
92$164,006,528$8,830,734$2,054,245$127,950,094
93$180,572,720$9,100,966$1,960,588$140,742,458
94$198,823,546$9,379,322$1,858,676$154,833,678
95$218,930,676$9,666,038$1,748,071$170,356,123
96$241,083,289$9,961,358$1,628,316$187,455,662
97$265,489,852$10,265,531$1,498,931$206,293,044
98$292,380,089$10,578,815$1,359,418$227,045,409
99$322,007,155$10,901,474$1,209,255$249,907,970
100$354,650,017$11,233,778$1,047,897$275,095,845