Can I retire at age 45 with 2,410,000?

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 $2,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$199,016$197,243$195,513$193,825$192,177$190,249
2 years$98,523$96,688$94,909$93,185$91,513$89,571
3 years$65,029$63,186$61,413$59,705$58,059$56,164
4 years$48,286$46,449$44,693$43,014$41,408$39,574
5 years$38,243$36,416$34,683$33,039$31,478$29,710
6 years$31,549$29,737$28,029$26,421$24,908$23,208
7 years$26,770$24,973$23,292$21,722$20,256$18,626
8 years$23,187$21,406$19,754$18,222$16,805$15,244
9 years$20,402$18,638$17,014$15,521$14,152$12,659
10 years$18,175$16,429$14,833$13,380$12,058$10,633
11 years$16,355$14,625$13,059$11,644$10,370$9,012
12 years$14,839$13,127$11,589$10,214$8,987$7,694
13 years$13,557$11,863$10,354$9,017$7,837$6,607
14 years$12,459$10,783$9,303$8,004$6,870$5,702
15 years$11,508$9,851$8,400$7,138$6,049$4,941
16 years$10,677$9,038$7,616$6,392$5,346$4,297
17 years$9,945$8,323$6,930$5,743$4,740$3,748
18 years$9,294$7,691$6,326$5,176$4,214$3,277
19 years$8,713$7,128$5,791$4,677$3,756$2,871
20 years$8,191$6,624$5,315$4,236$3,355$2,521
21 years$7,719$6,170$4,889$3,844$3,003$2,216
22 years$7,290$5,759$4,506$3,495$2,691$1,952
23 years$6,899$5,387$4,160$3,183$2,416$1,721
24 years$6,542$5,047$3,848$2,903$2,172$1,519
25 years$6,213$4,736$3,564$2,651$1,954$1,342
26 years$5,911$4,451$3,305$2,424$1,760$1,186
27 years$5,631$4,189$3,069$2,219$1,587$1,049
28 years$5,371$3,947$2,853$2,033$1,432$929
29 years$5,130$3,724$2,655$1,864$1,293$823
30 years$4,906$3,517$2,473$1,711$1,168$729
31 years$4,696$3,325$2,306$1,571$1,056$647
32 years$4,500$3,146$2,151$1,444$955$574
33 years$4,316$2,979$2,008$1,328$865$509
34 years$4,143$2,823$1,877$1,222$783$452
35 years$3,981$2,678$1,755$1,125$709$401
36 years$3,828$2,542$1,641$1,036$642$356
37 years$3,683$2,414$1,536$954$582$316
38 years$3,547$2,294$1,439$880$528$281
39 years$3,417$2,182$1,348$811$479$250
40 years$3,295$2,076$1,263$748$434$222
41 years$3,179$1,976$1,185$690$394$197
42 years$3,068$1,882$1,111$637$357$175
43 years$2,963$1,793$1,043$588$324$156
44 years$2,863$1,709$979$543$294$139
45 years$2,768$1,630$919$501$267$123
46 years$2,677$1,555$863$463$243$110
47 years$2,591$1,484$811$428$220$97
48 years$2,508$1,416$762$395$200$87
49 years$2,429$1,353$716$365$182$77
50 years$2,353$1,292$673$338$165$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,410,000, adding $2,700 every year, while hoping to spend $45,652 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: 63/23/14 Blend
44$2,410,000$2,410,000$2,410,000$2,410,000
45$2,658,605$2,530,875$2,493,520$2,816,951
46$2,881,209$2,606,315$2,528,480$2,998,876
47$3,124,989$2,683,921$2,563,080$3,191,976
48$3,392,057$2,763,751$2,597,262$3,401,723
49$3,684,737$2,845,865$2,630,960$3,629,737
50$4,005,591$2,930,324$2,664,109$3,877,802
51$4,357,440$3,017,188$2,696,635$4,147,880
52$4,743,391$3,106,523$2,728,465$4,442,133
53$5,166,866$3,198,392$2,759,517$4,762,940
54$5,631,635$3,292,861$2,789,709$5,112,924
55$6,141,849$3,389,998$2,818,952$5,494,970
56$6,702,082$3,489,873$2,847,151$5,912,257
57$7,317,372$3,592,555$2,874,209$6,368,285
58$7,993,270$3,698,116$2,900,021$6,866,910
59$8,735,890$3,806,630$2,924,478$7,412,379
60$9,551,967$3,918,171$2,947,464$8,009,369
61$10,448,922$4,032,815$2,968,858$8,663,034
62$11,434,929$4,150,641$2,988,533$9,379,050
63$12,518,997$4,271,727$3,006,353$10,163,669
64$13,711,047$4,396,154$3,022,178$11,023,780
65$15,022,012$4,524,004$3,035,860$11,966,971
66$16,463,938$4,655,360$3,047,241$13,001,603
67$18,050,094$4,790,308$3,056,159$14,136,886
68$19,795,105$4,928,934$3,062,441$15,382,967
69$21,715,078$5,071,325$3,065,906$16,751,027
70$23,827,767$5,217,570$3,066,365$18,253,384
71$26,152,730$5,367,761$3,063,618$19,903,609
72$28,711,516$5,521,989$3,057,457$21,716,658
73$31,527,871$5,680,348$3,047,662$23,709,006
74$34,627,960$5,842,930$3,034,005$25,898,807
75$38,040,611$6,009,833$3,016,243$28,306,066
76$41,797,592$6,181,154$2,994,126$30,952,823
77$45,933,905$6,356,989$2,967,388$33,863,366
78$50,488,120$6,537,439$2,935,752$37,064,456
79$55,502,738$6,722,602$2,898,929$40,585,582
80$61,024,588$6,912,581$2,856,615$44,459,238
81$67,105,275$7,107,477$2,808,491$48,721,227
82$73,801,663$7,307,392$2,754,224$53,411,006
83$81,176,408$7,512,430$2,693,466$58,572,050
84$89,298,557$7,722,695$2,625,853$64,252,268
85$98,244,194$7,938,291$2,551,003$70,504,451
86$108,097,156$8,159,322$2,468,516$77,386,773
87$118,949,831$8,385,893$2,377,976$84,963,340
88$130,904,021$8,618,109$2,278,946$93,304,792
89$144,071,910$8,856,075$2,170,969$102,488,973
90$158,577,117$9,099,896$2,053,569$112,601,664
91$174,555,867$9,349,674$1,926,248$123,737,393
92$192,158,272$9,605,515$1,788,483$136,000,328
93$211,549,749$9,867,518$1,639,731$149,505,257
94$232,912,584$10,135,788$1,479,423$164,378,676
95$256,447,648$10,410,422$1,306,964$180,759,982
96$282,376,296$10,691,520$1,121,735$198,802,785
97$310,942,451$10,979,178$923,086$218,676,364
98$342,414,913$11,273,489$710,341$240,567,259
99$377,089,891$11,574,547$482,794$264,681,037
100$415,293,799$11,882,439$239,707$291,244,230