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%14.5%
1 years$165,984$164,505$163,063$161,655$160,280$157,302
2 years$82,170$80,640$79,157$77,719$76,324$73,334
3 years$54,236$52,699$51,220$49,795$48,423$45,515
4 years$40,272$38,739$37,275$35,875$34,536$31,732
5 years$31,895$30,372$28,927$27,555$26,253$23,562
6 years$26,313$24,801$23,377$22,036$20,773$18,198
7 years$22,327$20,828$19,427$18,117$16,894$14,435
8 years$19,339$17,853$16,475$15,198$14,016$11,671
9 years$17,016$15,545$14,190$12,945$11,803$9,573
10 years$15,159$13,702$12,371$11,159$10,057$7,939
11 years$13,640$12,198$10,891$9,712$8,649$6,641
12 years$12,376$10,948$9,666$8,518$7,495$5,594
13 years$11,307$9,894$8,636$7,520$6,536$4,738
14 years$10,391$8,993$7,759$6,676$5,729$4,032
15 years$9,598$8,216$7,006$5,954$5,045$3,444
16 years$8,905$7,538$6,352$5,331$4,458$2,952
17 years$8,294$6,942$5,780$4,790$3,953$2,536
18 years$7,752$6,415$5,276$4,317$3,515$2,184
19 years$7,267$5,945$4,830$3,900$3,133$1,885
20 years$6,831$5,524$4,433$3,533$2,798$1,629
21 years$6,438$5,146$4,077$3,206$2,504$1,410
22 years$6,080$4,803$3,758$2,915$2,245$1,222
23 years$5,754$4,492$3,470$2,655$2,015$1,060
24 years$5,456$4,209$3,209$2,421$1,811$920
25 years$5,182$3,950$2,972$2,211$1,630$800
26 years$4,930$3,712$2,756$2,022$1,468$695
27 years$4,696$3,494$2,560$1,851$1,324$605
28 years$4,480$3,292$2,380$1,696$1,194$527
29 years$4,279$3,106$2,214$1,555$1,078$459
30 years$4,091$2,933$2,063$1,427$974$399
31 years$3,917$2,773$1,923$1,311$881$348
32 years$3,753$2,624$1,794$1,204$797$303
33 years$3,600$2,485$1,675$1,108$721$265
34 years$3,456$2,355$1,565$1,019$653$231
35 years$3,320$2,234$1,463$938$591$201
36 years$3,192$2,120$1,369$864$536$176
37 years$3,072$2,013$1,281$796$486$153
38 years$2,958$1,914$1,200$734$440$134
39 years$2,850$1,820$1,124$677$399$117
40 years$2,748$1,731$1,054$624$362$102
41 years$2,651$1,648$988$576$329$89
42 years$2,559$1,569$927$531$298$78
43 years$2,471$1,495$870$490$271$68
44 years$2,388$1,425$816$453$246$59
45 years$2,309$1,359$766$418$223$52
46 years$2,233$1,297$720$386$202$45
47 years$2,161$1,237$676$357$184$39
48 years$2,092$1,181$636$330$167$34
49 years$2,026$1,128$597$305$152$30
50 years$1,962$1,078$562$282$138$26

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 $6,537 every year, while hoping to spend $41,787 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: 63/19/18 Blend
44$2,010,000$2,010,000$2,010,000$2,010,000
45$2,221,763$2,115,233$2,084,078$2,351,232
46$2,403,922$2,174,418$2,109,433$2,498,287
47$2,603,260$2,235,103$2,134,238$2,653,501
48$2,821,486$2,297,317$2,158,429$2,822,022
49$3,060,482$2,361,089$2,181,940$3,005,149
50$3,322,317$2,426,449$2,204,701$3,204,315
51$3,609,275$2,493,426$2,226,640$3,421,095
52$3,923,867$2,562,050$2,247,678$3,657,224
53$4,268,860$2,632,349$2,267,734$3,914,616
54$4,647,302$2,704,352$2,286,721$4,195,375
55$5,062,550$2,778,089$2,304,550$4,501,821
56$5,518,302$2,853,588$2,321,125$4,836,510
57$6,018,632$2,930,876$2,336,345$5,202,256
58$6,568,025$3,009,982$2,350,105$5,602,161
59$7,171,424$3,090,931$2,362,294$6,039,640
60$7,834,273$3,173,751$2,372,795$6,518,457
61$8,562,572$3,258,468$2,381,486$7,042,760
62$9,362,926$3,345,105$2,388,238$7,617,115
63$10,242,617$3,433,687$2,392,916$8,246,558
64$11,209,663$3,524,237$2,395,378$8,936,633
65$12,272,900$3,616,776$2,395,475$9,693,453
66$13,442,063$3,711,325$2,393,050$10,523,750
67$14,727,876$3,807,902$2,387,940$11,434,945
68$16,142,155$3,906,526$2,379,972$12,435,211
69$17,697,921$4,007,211$2,368,967$13,533,557
70$19,409,516$4,109,972$2,354,735$14,739,911
71$21,292,746$4,214,820$2,337,078$16,065,209
72$23,365,025$4,321,765$2,315,788$17,521,506
73$25,645,539$4,430,812$2,290,649$19,122,083
74$28,155,429$4,541,968$2,261,431$20,881,576
75$30,917,991$4,655,233$2,227,897$22,816,115
76$33,958,892$4,770,605$2,189,798$24,943,471
77$37,306,414$4,888,079$2,146,870$27,283,232
78$40,991,719$5,007,646$2,098,842$29,856,980
79$45,049,148$5,129,294$2,045,426$32,688,500
80$49,516,536$5,253,005$1,986,323$35,804,001
81$54,435,578$5,378,757$1,921,221$39,232,368
82$59,852,216$5,506,525$1,849,790$43,005,431
83$65,817,073$5,636,276$1,771,689$47,158,264
84$72,385,934$5,767,973$1,686,560$51,729,525
85$79,620,267$5,901,571$1,594,028$56,761,809
86$87,587,808$6,037,022$1,493,701$62,302,060
87$96,363,195$6,174,267$1,385,171$68,402,011
88$106,028,677$6,313,242$1,268,011$75,118,670
89$116,674,886$6,453,875$1,141,773$82,514,862
90$128,401,694$6,596,084$1,005,992$90,659,823
91$141,319,154$6,739,780$860,180$99,629,850
92$155,548,540$6,884,861$703,828$109,509,024
93$171,223,491$7,031,219$536,406$120,390,005
94$188,491,271$7,178,733$357,359$132,374,905
95$207,514,158$7,327,268$166,108$145,576,255
96$228,470,978$7,476,680$0$160,118,064
97$251,558,791$7,626,810$0$176,144,292
98$276,994,749$7,777,485$0$193,832,767
99$305,018,149$7,928,518$0$213,317,647
100$335,892,689$8,079,704$0$234,781,967