Can I retire at age 45 with 2,470,000?

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 $2,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$203,970$202,153$200,381$198,651$196,961$195,311
2 years$100,975$99,095$97,272$95,505$93,791$92,128
3 years$66,648$64,760$62,942$61,191$59,505$57,880
4 years$49,488$47,605$45,805$44,085$42,439$40,866
5 years$39,195$37,323$35,547$33,861$32,262$30,744
6 years$32,335$30,477$28,727$27,079$25,528$24,067
7 years$27,436$25,595$23,872$22,263$20,761$19,359
8 years$23,765$21,939$20,246$18,676$17,223$15,879
9 years$20,910$19,102$17,438$15,908$14,504$13,218
10 years$18,628$16,838$15,202$13,713$12,358$11,130
11 years$16,762$14,989$13,384$11,934$10,629$9,456
12 years$15,208$13,454$11,878$10,468$9,211$8,093
13 years$13,894$12,158$10,612$9,242$8,032$6,968
14 years$12,769$11,052$9,535$8,204$7,041$6,029
15 years$11,795$10,096$8,609$7,316$6,199$5,239
16 years$10,943$9,263$7,805$6,551$5,479$4,568
17 years$10,192$8,531$7,102$5,886$4,858$3,995
18 years$9,526$7,883$6,484$5,304$4,319$3,503
19 years$8,930$7,306$5,935$4,793$3,850$3,079
20 years$8,395$6,789$5,447$4,341$3,439$2,711
21 years$7,911$6,323$5,010$3,940$3,077$2,391
22 years$7,472$5,903$4,618$3,582$2,758$2,111
23 years$7,071$5,521$4,264$3,262$2,476$1,867
24 years$6,705$5,172$3,943$2,975$2,226$1,653
25 years$6,368$4,854$3,652$2,717$2,003$1,465
26 years$6,058$4,562$3,387$2,485$1,804$1,299
27 years$5,771$4,293$3,145$2,274$1,626$1,153
28 years$5,505$4,046$2,924$2,084$1,468$1,024
29 years$5,258$3,817$2,721$1,911$1,325$910
30 years$5,028$3,604$2,535$1,754$1,197$809
31 years$4,813$3,407$2,363$1,611$1,083$720
32 years$4,612$3,224$2,205$1,480$979$641
33 years$4,423$3,053$2,058$1,361$886$570
34 years$4,246$2,894$1,923$1,252$802$508
35 years$4,080$2,745$1,798$1,153$727$452
36 years$3,923$2,605$1,682$1,062$658$403
37 years$3,775$2,474$1,574$978$597$359
38 years$3,635$2,351$1,474$902$541$320
39 years$3,502$2,236$1,381$831$491$286
40 years$3,377$2,127$1,295$767$445$255
41 years$3,258$2,025$1,214$707$404$227
42 years$3,145$1,929$1,139$653$366$203
43 years$3,037$1,838$1,069$603$332$181
44 years$2,935$1,752$1,003$557$302$161
45 years$2,837$1,670$942$514$274$144
46 years$2,744$1,593$885$475$249$128
47 years$2,655$1,521$831$439$226$114
48 years$2,570$1,452$781$405$205$102
49 years$2,489$1,386$734$375$186$91
50 years$2,412$1,324$690$346$169$81

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,470,000, adding $6,234 every year, while hoping to spend $21,543 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: 26/49/25 Blend
44$2,470,000$2,470,000$2,470,000$2,470,000
45$2,728,370$2,597,460$2,559,175$2,777,701
46$2,983,743$2,701,814$2,621,986$2,922,467
47$3,264,441$2,810,560$2,686,179$3,075,418
48$3,573,025$2,923,889$2,751,778$3,239,078
49$3,912,317$3,042,003$2,818,806$3,414,368
50$4,285,425$3,165,112$2,887,287$3,602,290
51$4,695,771$3,293,436$2,957,244$3,803,946
52$5,147,130$3,427,204$3,028,702$4,020,540
53$5,643,658$3,566,658$3,101,685$4,253,394
54$6,189,935$3,712,048$3,176,215$4,503,955
55$6,791,007$3,863,637$3,252,316$4,773,809
56$7,452,433$4,021,699$3,330,012$5,064,698
57$8,180,341$4,186,521$3,409,327$5,378,529
58$8,981,479$4,358,404$3,490,283$5,717,397
59$9,863,286$4,537,662$3,572,903$6,083,602
60$10,833,956$4,724,623$3,657,211$6,479,665
61$11,902,521$4,919,630$3,743,229$6,908,356
62$13,078,929$5,123,043$3,830,978$7,372,717
63$14,374,145$5,335,237$3,920,481$7,876,087
64$15,800,250$5,556,606$4,011,759$8,422,136
65$17,370,555$5,787,559$4,104,833$9,014,895
66$19,099,730$6,028,528$4,199,723$9,658,793
67$21,003,938$6,279,962$4,296,449$10,358,697
68$23,100,991$6,542,331$4,395,032$11,119,957
69$25,410,515$6,816,128$4,495,488$11,948,456
70$27,954,136$7,101,867$4,597,835$12,850,658
71$30,755,687$7,400,088$4,702,092$13,833,673
72$33,841,429$7,711,353$4,808,273$14,905,321
73$37,240,299$8,036,254$4,916,395$16,074,198
74$40,984,185$8,375,406$5,026,470$17,349,763
75$45,108,227$8,729,457$5,138,512$18,742,419
76$49,651,147$9,099,081$5,252,533$20,263,612
77$54,655,614$9,484,985$5,368,542$21,925,932
78$60,168,648$9,887,911$5,486,550$23,743,236
79$66,242,063$10,308,632$5,606,563$25,730,769
80$72,932,958$10,747,959$5,728,587$27,905,309
81$80,304,251$11,206,741$5,852,626$30,285,321
82$88,425,279$11,685,865$5,978,683$32,891,128
83$97,372,446$12,186,261$6,106,757$35,745,100
84$107,229,949$12,708,901$6,236,847$38,871,860
85$118,090,571$13,254,805$6,368,949$42,298,516
86$130,056,557$13,825,038$6,503,056$46,054,908
87$143,240,576$14,420,715$6,639,160$50,173,890
88$157,766,791$15,043,006$6,777,247$54,691,635
89$173,772,023$15,693,133$6,917,305$59,647,970
90$191,407,049$16,372,376$7,059,314$65,086,748
91$210,838,022$17,082,076$7,203,254$71,056,260
92$232,248,038$17,823,636$7,349,102$77,609,682
93$255,838,869$18,598,526$7,496,828$84,805,574
94$281,832,863$19,408,283$7,646,401$92,708,425
95$310,475,045$20,254,519$7,797,786$101,389,259
96$342,035,430$21,138,920$7,950,941$110,926,298
97$376,811,569$22,063,252$8,105,823$121,405,692
98$415,131,363$23,029,366$8,262,382$132,922,329
99$457,356,154$24,039,197$8,420,564$145,580,723
100$503,884,138$25,094,773$8,580,309$159,495,992