Can I retire at age 45 with 2,450,000?

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 $2,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$202,319$200,517$198,758$197,042$195,366$189,950
2 years$100,158$98,292$96,485$94,732$93,032$87,616
3 years$66,109$64,235$62,432$60,696$59,023$53,776
4 years$49,087$47,220$45,434$43,728$42,096$37,059
5 years$38,877$37,021$35,259$33,587$32,001$27,187
6 years$32,073$30,230$28,495$26,860$25,321$20,736
7 years$27,214$25,387$23,679$22,083$20,593$16,236
8 years$23,572$21,762$20,082$18,525$17,084$12,953
9 years$20,741$18,947$17,296$15,779$14,387$10,478
10 years$18,477$16,701$15,079$13,602$12,258$8,566
11 years$16,626$14,868$13,276$11,838$10,543$7,061
12 years$15,085$13,345$11,782$10,383$9,136$5,859
13 years$13,782$12,060$10,526$9,167$7,967$4,887
14 years$12,666$10,962$9,458$8,137$6,984$4,094
15 years$11,699$10,014$8,539$7,257$6,149$3,442
16 years$10,854$9,188$7,742$6,498$5,434$2,902
17 years$10,110$8,462$7,045$5,838$4,819$2,452
18 years$9,449$7,819$6,431$5,261$4,284$2,077
19 years$8,858$7,246$5,887$4,754$3,819$1,761
20 years$8,327$6,734$5,403$4,306$3,411$1,496
21 years$7,847$6,272$4,970$3,908$3,052$1,272
22 years$7,411$5,855$4,580$3,553$2,736$1,083
23 years$7,014$5,476$4,229$3,236$2,456$923
24 years$6,650$5,131$3,911$2,951$2,208$787
25 years$6,316$4,815$3,623$2,695$1,987$671
26 years$6,009$4,525$3,360$2,464$1,789$573
27 years$5,724$4,259$3,120$2,256$1,613$489
28 years$5,461$4,013$2,900$2,067$1,456$418
29 years$5,215$3,786$2,699$1,895$1,314$357
30 years$4,987$3,575$2,514$1,739$1,188$305
31 years$4,774$3,380$2,344$1,597$1,074$261
32 years$4,575$3,198$2,187$1,468$971$223
33 years$4,388$3,029$2,042$1,350$879$191
34 years$4,212$2,870$1,908$1,242$796$163
35 years$4,047$2,722$1,784$1,143$721$140
36 years$3,891$2,584$1,669$1,053$653$120
37 years$3,744$2,454$1,562$970$592$102
38 years$3,605$2,332$1,462$894$537$88
39 years$3,474$2,218$1,370$825$487$75
40 years$3,350$2,110$1,284$761$441$64
41 years$3,231$2,009$1,204$702$400$55
42 years$3,119$1,913$1,130$648$363$47
43 years$3,013$1,823$1,060$598$330$40
44 years$2,911$1,737$995$552$299$34
45 years$2,814$1,657$934$510$272$29
46 years$2,722$1,580$877$471$247$25
47 years$2,634$1,508$824$435$224$22
48 years$2,550$1,440$775$402$203$18
49 years$2,469$1,375$728$372$185$16
50 years$2,392$1,313$685$343$168$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,450,000, adding $5,110 every year, while hoping to spend $41,700 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: 72/18/10 Blend
44$2,450,000$2,450,000$2,450,000$2,450,000
45$2,705,171$2,575,321$2,537,346$2,894,446
46$2,936,730$2,657,143$2,577,979$3,102,073
47$3,190,510$2,741,577$2,618,575$3,323,691
48$3,468,735$2,828,707$2,659,089$3,565,208
49$3,773,851$2,918,619$2,699,474$3,828,577
50$4,108,555$3,011,402$2,739,678$4,115,951
51$4,475,817$3,107,150$2,779,646$4,429,696
52$4,878,907$3,205,958$2,819,321$4,772,421
53$5,321,429$3,307,923$2,858,642$5,146,997
54$5,807,352$3,413,149$2,897,544$5,556,586
55$6,341,048$3,521,739$2,935,958$6,004,669
56$6,927,334$3,633,802$2,973,811$6,495,081
57$7,571,514$3,749,451$3,011,026$7,032,046
58$8,279,435$3,868,801$3,047,522$7,620,215
59$9,057,537$3,991,972$3,083,213$8,264,711
60$9,912,913$4,119,086$3,118,008$8,971,177
61$10,853,380$4,250,271$3,151,811$9,745,830
62$11,887,549$4,385,658$3,184,521$10,595,516
63$13,024,908$4,525,384$3,216,032$11,527,778
64$14,275,909$4,669,589$3,246,230$12,550,925
65$15,652,071$4,818,417$3,274,997$13,674,111
66$17,166,081$4,972,019$3,302,208$14,907,418
67$18,831,921$5,130,548$3,327,732$16,261,956
68$20,664,997$5,294,164$3,351,431$17,749,964
69$22,682,281$5,463,033$3,373,158$19,384,926
70$24,902,476$5,637,324$3,392,762$21,181,698
71$27,346,189$5,817,213$3,410,079$23,156,645
72$30,036,126$6,002,882$3,424,943$25,327,803
73$32,997,306$6,194,519$3,437,173$27,715,039
74$36,257,297$6,392,316$3,446,585$30,340,244
75$39,846,477$6,596,476$3,452,982$33,227,538
76$43,798,318$6,807,203$3,456,157$36,403,499
77$48,149,703$7,024,713$3,455,894$39,897,408
78$52,941,274$7,249,225$3,451,968$43,741,532
79$58,217,815$7,480,967$3,444,140$47,971,421
80$64,028,673$7,720,176$3,432,160$52,626,251
81$70,428,227$7,967,094$3,415,767$57,749,186
82$77,476,398$8,221,973$3,394,686$63,387,788
83$85,239,214$8,485,073$3,368,631$69,594,467
84$93,789,433$8,756,662$3,337,300$76,426,974
85$103,207,234$9,037,016$3,300,378$83,948,943
86$113,580,965$9,326,423$3,257,534$92,230,495
87$125,007,985$9,625,179$3,208,423$101,348,899
88$137,595,576$9,933,590$3,152,681$111,389,297
89$151,461,959$10,251,971$3,089,931$122,445,512
90$166,737,411$10,580,649$3,019,776$134,620,931
91$183,565,488$10,919,962$2,941,799$148,029,479
92$202,104,386$11,270,258$2,855,568$162,796,696
93$222,528,431$11,631,898$2,760,627$179,060,921
94$245,029,724$12,005,255$2,656,501$196,974,598
95$269,819,957$12,390,713$2,542,695$216,705,710
96$297,132,405$12,788,670$2,418,687$238,439,372
97$327,224,133$13,199,538$2,283,936$262,379,570
98$360,378,420$13,623,741$2,137,874$288,751,092
99$396,907,434$14,061,719$1,979,907$317,801,647
100$437,155,175$14,513,927$1,809,417$349,804,199