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%18.8%
1 years$202,319$200,517$198,758$197,042$195,366$188,435
2 years$100,158$98,292$96,485$94,732$93,032$86,122
3 years$66,109$64,235$62,432$60,696$59,023$52,353
4 years$49,087$47,220$45,434$43,728$42,096$35,715
5 years$38,877$37,021$35,259$33,587$32,001$25,927
6 years$32,073$30,230$28,495$26,860$25,321$19,559
7 years$27,214$25,387$23,679$22,083$20,593$15,141
8 years$23,572$21,762$20,082$18,525$17,084$11,937
9 years$20,741$18,947$17,296$15,779$14,387$9,540
10 years$18,477$16,701$15,079$13,602$12,258$7,702
11 years$16,626$14,868$13,276$11,838$10,543$6,267
12 years$15,085$13,345$11,782$10,383$9,136$5,132
13 years$13,782$12,060$10,526$9,167$7,967$4,223
14 years$12,666$10,962$9,458$8,137$6,984$3,489
15 years$11,699$10,014$8,539$7,257$6,149$2,892
16 years$10,854$9,188$7,742$6,498$5,434$2,403
17 years$10,110$8,462$7,045$5,838$4,819$2,001
18 years$9,449$7,819$6,431$5,261$4,284$1,670
19 years$8,858$7,246$5,887$4,754$3,819$1,395
20 years$8,327$6,734$5,403$4,306$3,411$1,167
21 years$7,847$6,272$4,970$3,908$3,052$977
22 years$7,411$5,855$4,580$3,553$2,736$819
23 years$7,014$5,476$4,229$3,236$2,456$687
24 years$6,650$5,131$3,911$2,951$2,208$576
25 years$6,316$4,815$3,623$2,695$1,987$484
26 years$6,009$4,525$3,360$2,464$1,789$406
27 years$5,724$4,259$3,120$2,256$1,613$342
28 years$5,461$4,013$2,900$2,067$1,456$287
29 years$5,215$3,786$2,699$1,895$1,314$241
30 years$4,987$3,575$2,514$1,739$1,188$203
31 years$4,774$3,380$2,344$1,597$1,074$171
32 years$4,575$3,198$2,187$1,468$971$144
33 years$4,388$3,029$2,042$1,350$879$121
34 years$4,212$2,870$1,908$1,242$796$102
35 years$4,047$2,722$1,784$1,143$721$85
36 years$3,891$2,584$1,669$1,053$653$72
37 years$3,744$2,454$1,562$970$592$61
38 years$3,605$2,332$1,462$894$537$51
39 years$3,474$2,218$1,370$825$487$43
40 years$3,350$2,110$1,284$761$441$36
41 years$3,231$2,009$1,204$702$400$30
42 years$3,119$1,913$1,130$648$363$26
43 years$3,013$1,823$1,060$598$330$22
44 years$2,911$1,737$995$552$299$18
45 years$2,814$1,657$934$510$272$15
46 years$2,722$1,580$877$471$247$13
47 years$2,634$1,508$824$435$224$11
48 years$2,550$1,440$775$402$203$9
49 years$2,469$1,375$728$372$185$8
50 years$2,392$1,313$685$343$168$6

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 $4,128 every year, while hoping to spend $36,105 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: 44/27/29 Blend
44$2,450,000$2,450,000$2,450,000$2,450,000
45$2,704,158$2,574,308$2,536,333$2,800,202
46$2,941,567$2,662,034$2,582,885$2,957,009
47$3,201,981$2,752,848$2,629,786$3,123,139
48$3,487,709$2,846,864$2,677,010$3,302,550
49$3,801,294$2,944,199$2,724,529$3,496,499
50$4,145,537$3,044,975$2,772,311$3,706,369
51$4,523,523$3,149,320$2,820,324$3,933,683
52$4,938,650$3,257,364$2,868,533$4,180,116
53$5,394,662$3,369,245$2,916,899$4,447,510
54$5,895,684$3,485,105$2,965,381$4,737,894
55$6,446,260$3,605,090$3,013,937$5,053,499
56$7,051,394$3,729,356$3,062,520$5,396,782
57$7,716,602$3,858,060$3,111,081$5,770,447
58$8,447,960$3,991,369$3,159,566$6,177,472
59$9,252,160$4,129,454$3,207,919$6,621,134
60$10,136,577$4,272,495$3,256,082$7,105,041
61$11,109,338$4,420,676$3,303,990$7,633,168
62$12,179,392$4,574,192$3,351,576$8,209,889
63$13,356,605$4,733,242$3,398,768$8,840,023
64$14,651,843$4,898,035$3,445,492$9,528,875
65$16,077,081$5,068,789$3,491,665$10,282,289
66$17,645,512$5,245,728$3,537,205$11,106,701
67$19,371,672$5,429,087$3,582,019$12,009,199
68$21,271,580$5,619,109$3,626,014$12,997,590
69$23,362,884$5,816,049$3,669,089$14,080,473
70$25,665,032$6,020,169$3,711,137$15,267,322
71$28,199,452$6,231,744$3,752,047$16,568,569
72$30,989,755$6,451,058$3,791,699$17,995,711
73$34,061,959$6,678,409$3,829,970$19,561,407
74$37,444,732$6,914,104$3,866,727$21,279,608
75$41,169,663$7,158,464$3,901,831$23,165,680
76$45,271,564$7,411,823$3,935,137$25,236,553
77$49,788,790$7,674,529$3,966,491$27,510,877
78$54,763,608$7,946,943$3,995,730$30,009,200
79$60,242,592$8,229,440$4,022,683$32,754,162
80$66,277,066$8,522,412$4,047,173$35,770,704
81$72,923,583$8,826,266$4,069,009$39,086,308
82$80,244,461$9,141,426$4,087,994$42,731,251
83$88,308,373$9,468,333$4,103,918$46,738,894
84$97,190,993$9,807,446$4,116,565$51,145,994
85$106,975,706$10,159,243$4,125,702$55,993,051
86$117,754,405$10,524,223$4,131,090$61,324,690
87$129,628,347$10,902,902$4,132,474$67,190,079
88$142,709,115$11,295,821$4,129,588$73,643,396
89$157,119,670$11,703,541$4,122,155$80,744,338
90$172,995,509$12,126,648$4,109,880$88,558,684
91$190,485,948$12,565,750$4,092,458$97,158,915
92$209,755,525$13,021,483$4,069,566$106,624,895
93$230,985,560$13,494,507$4,040,867$117,044,629
94$254,375,860$13,985,510$4,006,009$128,515,090
95$280,146,608$14,495,211$3,964,621$141,143,132
96$308,540,442$15,024,356$3,916,316$155,046,501
97$339,824,741$15,573,724$3,860,686$170,354,943
98$374,294,154$16,144,125$3,797,309$187,211,431
99$412,273,376$16,736,407$3,725,737$205,773,509
100$454,120,218$17,351,448$3,645,507$226,214,782