Can I retire at age 45 with 2,430,000?

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 $2,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$200,667$198,880$197,136$195,434$193,772$190,405
2 years$99,340$97,490$95,697$93,958$92,272$88,891
3 years$65,569$63,711$61,922$60,200$58,541$55,251
4 years$48,687$46,834$45,064$43,371$41,752$38,578
5 years$38,560$36,719$34,971$33,313$31,739$28,691
6 years$31,811$29,983$28,262$26,641$25,114$22,195
7 years$26,992$25,180$23,486$21,903$20,425$17,635
8 years$23,380$21,584$19,918$18,374$16,944$14,284
9 years$20,571$18,793$17,155$15,650$14,269$11,737
10 years$18,326$16,565$14,956$13,491$12,158$9,751
11 years$16,490$14,747$13,167$11,741$10,457$8,172
12 years$14,962$13,236$11,686$10,298$9,061$6,897
13 years$13,669$11,961$10,440$9,092$7,902$5,854
14 years$12,562$10,873$9,381$8,071$6,927$4,991
15 years$11,604$9,932$8,469$7,198$6,099$4,273
16 years$10,766$9,113$7,679$6,445$5,390$3,669
17 years$10,027$8,392$6,987$5,791$4,779$3,160
18 years$9,372$7,755$6,379$5,218$4,249$2,727
19 years$8,786$7,187$5,839$4,715$3,788$2,358
20 years$8,259$6,679$5,359$4,271$3,383$2,043
21 years$7,783$6,221$4,929$3,876$3,028$1,772
22 years$7,351$5,807$4,543$3,524$2,714$1,539
23 years$6,957$5,431$4,195$3,209$2,436$1,339
24 years$6,596$5,089$3,879$2,927$2,190$1,165
25 years$6,265$4,775$3,593$2,673$1,970$1,015
26 years$5,960$4,488$3,332$2,444$1,775$884
27 years$5,677$4,224$3,094$2,237$1,600$771
28 years$5,416$3,980$2,877$2,050$1,444$673
29 years$5,173$3,755$2,677$1,880$1,304$587
30 years$4,946$3,546$2,494$1,725$1,178$513
31 years$4,735$3,352$2,325$1,584$1,065$448
32 years$4,537$3,172$2,169$1,456$963$392
33 years$4,352$3,004$2,025$1,339$872$342
34 years$4,178$2,847$1,892$1,232$789$299
35 years$4,014$2,700$1,769$1,134$715$262
36 years$3,859$2,563$1,655$1,045$648$229
37 years$3,714$2,434$1,549$962$587$200
38 years$3,576$2,313$1,451$887$532$175
39 years$3,446$2,200$1,359$818$483$153
40 years$3,322$2,093$1,274$754$438$134
41 years$3,205$1,992$1,194$696$397$117
42 years$3,094$1,897$1,120$642$360$103
43 years$2,988$1,808$1,051$593$327$90
44 years$2,887$1,723$987$548$297$79
45 years$2,791$1,643$927$506$270$69
46 years$2,700$1,568$870$467$245$60
47 years$2,612$1,496$818$432$222$53
48 years$2,529$1,428$768$399$202$46
49 years$2,449$1,364$722$369$183$40
50 years$2,373$1,303$679$341$166$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,430,000, adding $3,666 every year, while hoping to spend $48,294 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: 48/24/28 Blend
44$2,430,000$2,430,000$2,430,000$2,430,000
45$2,681,641$2,552,851$2,515,186$2,788,767
46$2,903,784$2,626,557$2,548,061$2,938,208
47$3,146,967$2,702,255$2,580,418$3,095,376
48$3,413,285$2,779,993$2,612,189$3,265,130
49$3,705,046$2,859,818$2,643,303$3,448,681
50$4,024,789$2,941,777$2,673,682$3,647,362
51$4,375,314$3,025,921$2,703,247$3,862,644
52$4,759,702$3,112,297$2,731,912$4,096,143
53$5,181,348$3,200,956$2,759,587$4,349,644
54$5,643,991$3,291,949$2,786,179$4,625,108
55$6,151,750$3,385,325$2,811,587$4,924,698
56$6,709,159$3,481,137$2,835,706$5,250,797
57$7,321,218$3,579,437$2,858,427$5,606,029
58$7,993,429$3,680,277$2,879,632$5,993,285
59$8,731,858$3,783,710$2,899,198$6,415,751
60$9,543,185$3,889,788$2,916,998$6,876,937
61$10,434,767$3,998,566$2,932,895$7,380,711
62$11,414,714$4,110,096$2,946,748$7,931,331
63$12,491,957$4,224,433$2,958,406$8,533,495
64$13,676,336$4,341,630$2,967,712$9,192,375
65$14,978,694$4,461,741$2,974,502$9,913,672
66$16,410,974$4,584,819$2,978,601$10,703,668
67$17,986,336$4,710,919$2,979,827$11,569,285
68$19,719,282$4,840,093$2,977,990$12,518,150
69$21,625,785$4,972,394$2,972,890$13,558,671
70$23,723,448$5,107,875$2,964,315$14,700,110
71$26,031,666$5,246,587$2,952,046$15,952,675
72$28,571,808$5,388,581$2,935,851$17,327,617
73$31,367,419$5,533,908$2,915,488$18,837,332
74$34,444,442$5,682,616$2,890,704$20,495,483
75$37,831,465$5,834,754$2,861,232$22,317,127
76$41,559,985$5,990,367$2,826,794$24,318,855
77$45,664,710$6,149,502$2,787,098$26,518,955
78$50,183,884$6,312,201$2,741,839$28,937,578
79$55,159,646$6,478,505$2,690,697$31,596,933
80$60,638,432$6,648,454$2,633,338$34,521,495
81$66,671,408$6,822,084$2,569,411$37,738,237
82$73,314,955$6,999,430$2,498,549$41,276,887
83$80,631,201$7,180,522$2,420,371$45,170,203
84$88,688,604$7,365,388$2,334,474$49,454,290
85$97,562,603$7,554,053$2,240,440$54,168,935
86$107,336,324$7,746,537$2,137,830$59,357,989
87$118,101,368$7,942,857$2,026,186$65,069,777
88$129,958,673$8,143,023$1,905,029$71,357,556
89$143,019,470$8,347,043$1,773,860$78,280,018
90$157,406,325$8,554,917$1,632,153$85,901,847
91$173,254,304$8,766,642$1,479,364$94,294,328
92$190,712,242$8,982,206$1,314,922$103,536,021
93$209,944,148$9,201,592$1,138,230$113,713,504
94$231,130,756$9,424,775$948,665$124,922,192
95$254,471,225$9,651,720$745,577$137,267,235
96$280,185,023$9,882,388$528,287$150,864,519
97$308,513,998$10,116,727$296,087$165,841,751
98$339,724,656$10,354,678$48,236$182,339,676
99$374,110,681$10,596,167$0$200,513,399
100$411,995,706$10,841,115$0$220,598,467