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%18.6%
1 years$202,319$200,517$198,758$197,042$195,366$188,585
2 years$100,158$98,292$96,485$94,732$93,032$86,269
3 years$66,109$64,235$62,432$60,696$59,023$52,493
4 years$49,087$47,220$45,434$43,728$42,096$35,847
5 years$38,877$37,021$35,259$33,587$32,001$26,050
6 years$32,073$30,230$28,495$26,860$25,321$19,673
7 years$27,214$25,387$23,679$22,083$20,593$15,247
8 years$23,572$21,762$20,082$18,525$17,084$12,035
9 years$20,741$18,947$17,296$15,779$14,387$9,630
10 years$18,477$16,701$15,079$13,602$12,258$7,784
11 years$16,626$14,868$13,276$11,838$10,543$6,343
12 years$15,085$13,345$11,782$10,383$9,136$5,200
13 years$13,782$12,060$10,526$9,167$7,967$4,285
14 years$12,666$10,962$9,458$8,137$6,984$3,545
15 years$11,699$10,014$8,539$7,257$6,149$2,943
16 years$10,854$9,188$7,742$6,498$5,434$2,449
17 years$10,110$8,462$7,045$5,838$4,819$2,042
18 years$9,449$7,819$6,431$5,261$4,284$1,707
19 years$8,858$7,246$5,887$4,754$3,819$1,428
20 years$8,327$6,734$5,403$4,306$3,411$1,196
21 years$7,847$6,272$4,970$3,908$3,052$1,003
22 years$7,411$5,855$4,580$3,553$2,736$842
23 years$7,014$5,476$4,229$3,236$2,456$708
24 years$6,650$5,131$3,911$2,951$2,208$595
25 years$6,316$4,815$3,623$2,695$1,987$500
26 years$6,009$4,525$3,360$2,464$1,789$421
27 years$5,724$4,259$3,120$2,256$1,613$354
28 years$5,461$4,013$2,900$2,067$1,456$298
29 years$5,215$3,786$2,699$1,895$1,314$251
30 years$4,987$3,575$2,514$1,739$1,188$211
31 years$4,774$3,380$2,344$1,597$1,074$178
32 years$4,575$3,198$2,187$1,468$971$150
33 years$4,388$3,029$2,042$1,350$879$126
34 years$4,212$2,870$1,908$1,242$796$107
35 years$4,047$2,722$1,784$1,143$721$90
36 years$3,891$2,584$1,669$1,053$653$76
37 years$3,744$2,454$1,562$970$592$64
38 years$3,605$2,332$1,462$894$537$54
39 years$3,474$2,218$1,370$825$487$45
40 years$3,350$2,110$1,284$761$441$38
41 years$3,231$2,009$1,204$702$400$32
42 years$3,119$1,913$1,130$648$363$27
43 years$3,013$1,823$1,060$598$330$23
44 years$2,911$1,737$995$552$299$19
45 years$2,814$1,657$934$510$272$16
46 years$2,722$1,580$877$471$247$14
47 years$2,634$1,508$824$435$224$12
48 years$2,550$1,440$775$402$203$10
49 years$2,469$1,375$728$372$185$8
50 years$2,392$1,313$685$343$168$7

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 $6,446 every year, while hoping to spend $21,596 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: 26/47/27 Blend
44$2,450,000$2,450,000$2,450,000$2,450,000
45$2,706,549$2,576,699$2,538,724$2,753,899
46$2,959,639$2,679,979$2,600,793$2,896,391
47$3,237,820$2,787,597$2,664,218$3,046,895
48$3,543,630$2,899,740$2,729,021$3,207,932
49$3,879,862$3,016,609$2,795,225$3,380,408
50$4,249,594$3,138,410$2,862,852$3,565,313
51$4,656,221$3,265,360$2,931,925$3,763,732
52$5,103,478$3,397,685$3,002,467$3,976,854
53$5,595,483$3,535,622$3,074,500$4,205,982
54$6,136,774$3,679,419$3,148,047$4,452,545
55$6,732,348$3,829,334$3,223,131$4,718,108
56$7,387,715$3,985,638$3,299,772$5,004,388
57$8,108,942$4,148,615$3,377,995$5,313,272
58$8,902,715$4,318,558$3,457,819$5,646,826
59$9,776,404$4,495,779$3,539,268$6,007,319
60$10,738,126$4,680,601$3,622,362$6,397,245
61$11,796,825$4,873,362$3,707,122$6,819,338
62$12,962,360$5,074,415$3,793,569$7,276,602
63$14,245,590$5,284,131$3,881,723$7,772,338
64$15,658,484$5,502,896$3,971,604$8,310,171
65$17,214,228$5,731,117$4,063,231$8,894,084
66$18,927,352$5,969,215$4,156,623$9,528,455
67$20,813,870$6,217,634$4,251,798$10,218,096
68$22,891,424$6,476,838$4,348,772$10,968,293
69$25,179,457$6,747,310$4,447,564$11,784,862
70$27,699,392$7,029,559$4,548,187$12,674,196
71$30,474,837$7,324,114$4,650,658$13,643,324
72$33,531,805$7,631,530$4,754,990$14,699,978
73$36,898,963$7,952,389$4,861,196$15,852,660
74$40,607,899$8,287,298$4,969,288$17,110,725
75$44,693,421$8,636,892$5,079,276$18,484,462
76$49,193,888$9,001,837$5,191,169$19,985,192
77$54,151,567$9,382,830$5,304,976$21,625,372
78$59,613,035$9,780,598$5,420,702$23,418,707
79$65,629,622$10,195,903$5,538,352$25,380,282
80$72,257,885$10,629,545$5,657,929$27,526,695
81$79,560,154$11,082,357$5,779,434$29,876,219
82$87,605,111$11,555,214$5,902,866$32,448,961
83$96,468,444$12,049,031$6,028,223$35,267,059
84$106,233,555$12,564,764$6,155,499$38,354,880
85$116,992,357$13,103,416$6,284,687$41,739,251
86$128,846,129$13,666,035$6,415,776$45,449,704
87$141,906,484$14,253,721$6,548,755$49,518,757
88$156,296,414$14,867,622$6,683,606$53,982,212
89$172,151,454$15,508,941$6,820,313$58,879,491
90$189,620,961$16,178,938$6,958,852$64,254,002
91$208,869,525$16,878,931$7,099,199$70,153,548
92$230,078,520$17,610,302$7,241,326$76,630,768
93$253,447,818$18,374,496$7,385,199$83,743,634
94$279,197,675$19,173,026$7,530,783$91,555,988
95$307,570,810$20,007,477$7,678,037$100,138,146
96$338,834,696$20,879,507$7,826,915$109,567,550
97$373,284,087$21,790,854$7,977,368$119,929,494
98$411,243,795$22,743,337$8,129,341$131,317,925
99$453,071,762$23,738,861$8,282,774$143,836,325
100$499,162,436$24,779,420$8,437,601$157,598,675