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

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 $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$165,984$164,505$163,063$161,655$160,280$159,070
2 years$82,170$80,640$79,157$77,719$76,324$75,104
3 years$54,236$52,699$51,220$49,795$48,423$47,231
4 years$40,272$38,739$37,275$35,875$34,536$33,381
5 years$31,895$30,372$28,927$27,555$26,253$25,139
6 years$26,313$24,801$23,377$22,036$20,773$19,701
7 years$22,327$20,828$19,427$18,117$16,894$15,864
8 years$19,339$17,853$16,475$15,198$14,016$13,028
9 years$17,016$15,545$14,190$12,945$11,803$10,857
10 years$15,159$13,702$12,371$11,159$10,057$9,153
11 years$13,640$12,198$10,891$9,712$8,649$7,786
12 years$12,376$10,948$9,666$8,518$7,495$6,672
13 years$11,307$9,894$8,636$7,520$6,536$5,752
14 years$10,391$8,993$7,759$6,676$5,729$4,984
15 years$9,598$8,216$7,006$5,954$5,045$4,336
16 years$8,905$7,538$6,352$5,331$4,458$3,786
17 years$8,294$6,942$5,780$4,790$3,953$3,316
18 years$7,752$6,415$5,276$4,317$3,515$2,912
19 years$7,267$5,945$4,830$3,900$3,133$2,562
20 years$6,831$5,524$4,433$3,533$2,798$2,259
21 years$6,438$5,146$4,077$3,206$2,504$1,996
22 years$6,080$4,803$3,758$2,915$2,245$1,765
23 years$5,754$4,492$3,470$2,655$2,015$1,563
24 years$5,456$4,209$3,209$2,421$1,811$1,386
25 years$5,182$3,950$2,972$2,211$1,630$1,230
26 years$4,930$3,712$2,756$2,022$1,468$1,093
27 years$4,696$3,494$2,560$1,851$1,324$972
28 years$4,480$3,292$2,380$1,696$1,194$864
29 years$4,279$3,106$2,214$1,555$1,078$769
30 years$4,091$2,933$2,063$1,427$974$685
31 years$3,917$2,773$1,923$1,311$881$610
32 years$3,753$2,624$1,794$1,204$797$544
33 years$3,600$2,485$1,675$1,108$721$485
34 years$3,456$2,355$1,565$1,019$653$433
35 years$3,320$2,234$1,463$938$591$386
36 years$3,192$2,120$1,369$864$536$345
37 years$3,072$2,013$1,281$796$486$308
38 years$2,958$1,914$1,200$734$440$275
39 years$2,850$1,820$1,124$677$399$245
40 years$2,748$1,731$1,054$624$362$219
41 years$2,651$1,648$988$576$329$196
42 years$2,559$1,569$927$531$298$175
43 years$2,471$1,495$870$490$271$156
44 years$2,388$1,425$816$453$246$140
45 years$2,309$1,359$766$418$223$125
46 years$2,233$1,297$720$386$202$112
47 years$2,161$1,237$676$357$184$100
48 years$2,092$1,181$636$330$167$89
49 years$2,026$1,128$597$305$152$80
50 years$1,962$1,078$562$282$138$71

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 $4,735 every year, while hoping to spend $21,821 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: 81/5/14 Blend
44$2,010,000$2,010,000$2,010,000$2,010,000
45$2,219,904$2,113,374$2,082,219$2,393,215
46$2,423,117$2,193,712$2,128,756$2,588,077
47$2,646,326$2,277,255$2,176,121$2,798,618
48$2,891,548$2,364,138$2,224,318$3,029,107
49$3,161,005$2,454,499$2,273,351$3,281,533
50$3,457,144$2,548,486$2,323,224$3,558,090
51$3,782,660$2,646,250$2,373,941$3,861,193
52$4,140,526$2,747,950$2,425,502$4,193,502
53$4,534,013$2,853,753$2,477,909$4,557,948
54$4,966,727$2,963,831$2,531,164$4,957,757
55$5,442,640$3,078,366$2,585,265$5,396,487
56$5,966,130$3,197,546$2,640,212$5,878,052
57$6,542,018$3,321,569$2,696,002$6,406,768
58$7,175,618$3,450,641$2,752,632$6,987,388
59$7,872,785$3,584,975$2,810,099$7,625,149
60$8,639,967$3,724,798$2,868,396$8,325,819
61$9,484,274$3,870,343$2,927,517$9,095,753
62$10,413,535$4,021,855$2,987,454$9,941,954
63$11,436,380$4,179,590$3,048,198$10,872,135
64$12,562,315$4,343,815$3,109,737$11,894,797
65$13,801,818$4,514,808$3,172,060$13,019,303
66$15,166,432$4,692,863$3,235,153$14,255,971
67$16,668,877$4,878,281$3,298,999$15,616,168
68$18,323,168$5,071,383$3,363,581$17,112,420
69$20,144,750$5,272,500$3,428,880$18,758,527
70$22,150,641$5,481,978$3,494,874$20,569,695
71$24,359,593$5,700,182$3,561,539$22,562,679
72$26,792,271$5,927,490$3,628,850$24,755,939
73$29,471,443$6,164,298$3,696,777$27,169,818
74$32,422,201$6,411,019$3,765,290$29,826,729
75$35,672,194$6,668,088$3,834,355$32,751,371
76$39,251,889$6,935,955$3,903,937$35,970,956
77$43,194,857$7,215,092$3,973,995$39,515,473
78$47,538,096$7,505,995$4,044,487$43,417,964
79$52,322,372$7,809,179$4,115,368$47,714,839
80$57,592,609$8,125,184$4,186,588$52,446,220
81$63,398,311$8,454,574$4,258,094$57,656,317
82$69,794,029$8,797,938$4,329,831$63,393,846
83$76,839,877$9,155,894$4,401,737$69,712,490
84$84,602,097$9,529,086$4,473,747$76,671,403
85$93,153,687$9,918,187$4,545,794$84,335,769
86$102,575,088$10,323,903$4,617,803$92,777,419
87$112,954,943$10,746,970$4,689,695$102,075,504
88$124,390,934$11,188,159$4,761,387$112,317,247
89$136,990,707$11,648,276$4,832,791$123,598,761
90$150,872,881$12,128,163$4,903,811$136,025,963
91$166,168,174$12,628,702$4,974,348$149,715,563
92$183,020,634$13,150,815$5,044,295$164,796,177
93$201,588,999$13,695,466$5,113,540$181,409,530
94$222,048,196$14,263,662$5,181,962$199,711,802
95$244,590,990$14,856,460$5,249,436$219,875,097
96$269,429,806$15,474,961$5,315,827$242,089,068
97$296,798,733$16,120,322$5,380,994$266,562,707
98$326,955,734$16,793,748$5,444,788$293,526,320
99$360,185,080$17,496,503$5,507,050$323,233,697
100$396,800,036$18,229,908$5,567,613$355,964,508