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

Use the below retirement simulation to view the chances of a successful retirement.
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%11%
1 years$202,319$200,517$198,758$197,042$195,366$194,543
2 years$100,158$98,292$96,485$94,732$93,032$92,201
3 years$66,109$64,235$62,432$60,696$59,023$58,210
4 years$49,087$47,220$45,434$43,728$42,096$41,307
5 years$38,877$37,021$35,259$33,587$32,001$31,238
6 years$32,073$30,230$28,495$26,860$25,321$24,586
7 years$27,214$25,387$23,679$22,083$20,593$19,885
8 years$23,572$21,762$20,082$18,525$17,084$16,404
9 years$20,741$18,947$17,296$15,779$14,387$13,735
10 years$18,477$16,701$15,079$13,602$12,258$11,634
11 years$16,626$14,868$13,276$11,838$10,543$9,945
12 years$15,085$13,345$11,782$10,383$9,136$8,565
13 years$13,782$12,060$10,526$9,167$7,967$7,422
14 years$12,666$10,962$9,458$8,137$6,984$6,464
15 years$11,699$10,014$8,539$7,257$6,149$5,654
16 years$10,854$9,188$7,742$6,498$5,434$4,964
17 years$10,110$8,462$7,045$5,838$4,819$4,372
18 years$9,449$7,819$6,431$5,261$4,284$3,860
19 years$8,858$7,246$5,887$4,754$3,819$3,417
20 years$8,327$6,734$5,403$4,306$3,411$3,030
21 years$7,847$6,272$4,970$3,908$3,052$2,692
22 years$7,411$5,855$4,580$3,553$2,736$2,395
23 years$7,014$5,476$4,229$3,236$2,456$2,134
24 years$6,650$5,131$3,911$2,951$2,208$1,904
25 years$6,316$4,815$3,623$2,695$1,987$1,700
26 years$6,009$4,525$3,360$2,464$1,789$1,520
27 years$5,724$4,259$3,120$2,256$1,613$1,360
28 years$5,461$4,013$2,900$2,067$1,456$1,217
29 years$5,215$3,786$2,699$1,895$1,314$1,091
30 years$4,987$3,575$2,514$1,739$1,188$978
31 years$4,774$3,380$2,344$1,597$1,074$877
32 years$4,575$3,198$2,187$1,468$971$787
33 years$4,388$3,029$2,042$1,350$879$706
34 years$4,212$2,870$1,908$1,242$796$634
35 years$4,047$2,722$1,784$1,143$721$570
36 years$3,891$2,584$1,669$1,053$653$512
37 years$3,744$2,454$1,562$970$592$460
38 years$3,605$2,332$1,462$894$537$413
39 years$3,474$2,218$1,370$825$487$372
40 years$3,350$2,110$1,284$761$441$334
41 years$3,231$2,009$1,204$702$400$301
42 years$3,119$1,913$1,130$648$363$271
43 years$3,013$1,823$1,060$598$330$243
44 years$2,911$1,737$995$552$299$219
45 years$2,814$1,657$934$510$272$197
46 years$2,722$1,580$877$471$247$177
47 years$2,634$1,508$824$435$224$160
48 years$2,550$1,440$775$402$203$144
49 years$2,469$1,375$728$372$185$129
50 years$2,392$1,313$685$343$168$117

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 $5,311 every year, while hoping to spend $45,181 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: 50/32/18 Blend
44$2,450,000$2,450,000$2,450,000$2,450,000
45$2,705,378$2,575,528$2,537,553$2,826,879
46$2,933,255$2,653,657$2,574,489$2,989,430
47$3,182,860$2,734,100$2,611,148$3,160,896
48$3,456,363$2,816,922$2,647,473$3,346,269
49$3,756,153$2,902,192$2,683,404$3,546,878
50$4,084,859$2,989,977$2,718,876$3,764,182
51$4,445,378$3,080,350$2,753,823$3,999,791
52$4,840,903$3,173,383$2,788,171$4,255,473
53$5,274,947$3,269,151$2,821,847$4,533,175
54$5,751,382$3,367,730$2,854,769$4,835,043
55$6,274,473$3,469,198$2,886,854$5,163,437
56$6,848,917$3,573,637$2,918,011$5,520,956
57$7,479,889$3,681,128$2,948,148$5,910,460
58$8,173,091$3,791,757$2,977,164$6,335,103
59$8,934,802$3,905,609$3,004,955$6,798,354
60$9,771,942$4,022,773$3,031,411$7,304,034
61$10,692,132$4,143,341$3,056,415$7,856,352
62$11,703,771$4,267,406$3,079,846$8,459,945
63$12,816,109$4,395,063$3,101,574$9,119,919
64$14,039,340$4,526,409$3,121,465$9,841,896
65$15,384,695$4,661,545$3,139,376$10,632,073
66$16,864,546$4,800,572$3,155,157$11,497,274
67$18,492,526$4,943,597$3,168,651$12,445,017
68$20,283,655$5,090,725$3,179,693$13,483,582
69$22,254,484$5,242,067$3,188,109$14,622,095
70$24,423,247$5,397,734$3,193,716$15,870,605
71$26,810,036$5,557,841$3,196,324$17,240,188
72$29,436,990$5,722,505$3,195,731$18,743,043
73$32,328,502$5,891,846$3,191,726$20,392,611
74$35,511,449$6,065,987$3,184,089$22,203,705
75$39,015,448$6,245,051$3,172,588$24,192,639
76$42,873,133$6,429,168$3,156,978$26,377,395
77$47,120,462$6,618,467$3,137,007$28,777,781
78$51,797,058$6,813,081$3,112,406$31,415,625
79$56,946,582$7,013,145$3,082,895$34,314,977
80$62,617,143$7,218,799$3,048,182$37,502,339
81$68,861,755$7,430,184$3,007,959$41,006,911
82$75,738,833$7,647,442$2,961,905$44,860,869
83$83,312,749$7,870,721$2,909,684$49,099,669
84$91,654,434$8,100,171$2,850,942$53,762,377
85$100,842,049$8,335,943$2,785,312$58,892,046
86$110,961,726$8,578,191$2,712,407$64,536,113
87$122,108,374$8,827,075$2,631,825$70,746,851
88$134,386,579$9,082,752$2,543,142$77,581,863
89$147,911,590$9,345,388$2,445,918$85,104,624
90$162,810,407$9,615,146$2,339,691$93,385,081
91$179,222,975$9,892,195$2,223,977$102,500,311
92$197,303,512$10,176,706$2,098,274$112,535,251
93$217,221,957$10,468,851$1,962,052$123,583,498
94$239,165,578$10,768,806$1,814,763$135,748,195
95$263,340,738$11,076,749$1,655,828$149,143,000
96$289,974,843$11,392,860$1,484,649$163,893,163
97$319,318,488$11,717,320$1,300,595$180,136,705
98$351,647,820$12,050,315$1,103,011$198,025,726
99$387,267,147$12,392,030$891,211$217,727,833
100$426,511,810$12,742,654$664,481$239,427,731