Can I retire at age 45 with 2,490,000?

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 $2,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$205,622$203,790$202,003$200,259$198,556$192,509
2 years$101,793$99,897$98,060$96,278$94,551$88,510
3 years$67,188$65,284$63,451$61,687$59,987$54,142
4 years$49,889$47,991$46,176$44,442$42,783$37,179
5 years$39,512$37,625$35,835$34,135$32,523$27,175
6 years$32,596$30,724$28,960$27,298$25,734$20,647
7 years$27,659$25,802$24,066$22,444$20,929$16,102
8 years$23,957$22,117$20,410$18,827$17,363$12,793
9 years$21,079$19,257$17,579$16,037$14,622$10,305
10 years$18,779$16,974$15,326$13,824$12,458$8,388
11 years$16,898$15,111$13,492$12,031$10,715$6,884
12 years$15,331$13,563$11,974$10,553$9,285$5,685
13 years$14,007$12,257$10,698$9,316$8,097$4,720
14 years$12,872$11,141$9,612$8,270$7,098$3,935
15 years$11,890$10,178$8,679$7,375$6,249$3,292
16 years$11,032$9,338$7,868$6,604$5,523$2,761
17 years$10,275$8,600$7,160$5,934$4,897$2,322
18 years$9,603$7,946$6,536$5,347$4,354$1,956
19 years$9,002$7,365$5,984$4,832$3,881$1,650
20 years$8,463$6,844$5,491$4,376$3,467$1,394
21 years$7,975$6,375$5,051$3,972$3,102$1,179
22 years$7,532$5,950$4,655$3,611$2,781$998
23 years$7,129$5,565$4,298$3,289$2,496$846
24 years$6,759$5,214$3,975$2,999$2,244$717
25 years$6,420$4,893$3,682$2,739$2,019$609
26 years$6,107$4,599$3,415$2,505$1,819$517
27 years$5,818$4,328$3,171$2,293$1,640$439
28 years$5,550$4,078$2,948$2,100$1,479$373
29 years$5,301$3,848$2,743$1,926$1,336$317
30 years$5,069$3,634$2,555$1,768$1,207$269
31 years$4,852$3,435$2,382$1,624$1,091$229
32 years$4,649$3,250$2,223$1,492$987$194
33 years$4,459$3,078$2,075$1,372$893$165
34 years$4,281$2,917$1,939$1,262$809$141
35 years$4,113$2,767$1,813$1,162$733$120
36 years$3,955$2,626$1,696$1,070$664$102
37 years$3,805$2,494$1,587$986$602$87
38 years$3,664$2,370$1,486$909$545$74
39 years$3,531$2,254$1,393$838$495$63
40 years$3,404$2,145$1,305$773$449$53
41 years$3,284$2,041$1,224$713$407$45
42 years$3,170$1,944$1,148$658$369$39
43 years$3,062$1,852$1,077$608$335$33
44 years$2,958$1,766$1,011$561$304$28
45 years$2,860$1,684$950$518$276$24
46 years$2,766$1,606$892$479$251$20
47 years$2,677$1,533$838$442$228$17
48 years$2,591$1,463$787$409$207$15
49 years$2,509$1,397$740$378$188$12
50 years$2,431$1,335$696$349$171$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,490,000, adding $6,766 every year, while hoping to spend $34,814 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: 36/34/30 Blend
44$2,490,000$2,490,000$2,490,000$2,490,000
45$2,750,959$2,618,989$2,580,394$2,825,058
46$2,994,515$2,710,278$2,629,796$2,972,349
47$3,261,747$2,804,873$2,679,685$3,127,646
48$3,555,033$2,902,899$2,730,042$3,294,650
49$3,876,993$3,004,488$2,780,845$3,474,441
50$4,230,512$3,109,773$2,832,069$3,668,203
51$4,618,769$3,218,897$2,883,688$3,877,241
52$5,045,265$3,332,005$2,935,674$4,102,986
53$5,513,859$3,449,250$2,987,996$4,347,015
54$6,028,800$3,570,790$3,040,621$4,611,059
55$6,594,769$3,696,791$3,093,513$4,897,024
56$7,216,925$3,827,423$3,146,635$5,207,005
57$7,900,949$3,962,864$3,199,945$5,543,308
58$8,653,103$4,103,302$3,253,400$5,908,468
59$9,480,283$4,248,927$3,306,953$6,305,277
60$10,390,089$4,399,943$3,360,554$6,736,807
61$11,390,895$4,556,556$3,414,149$7,206,435
62$12,491,925$4,718,986$3,467,681$7,717,884
63$13,703,343$4,887,458$3,521,090$8,275,246
64$15,036,349$5,062,209$3,574,312$8,883,029
65$16,503,283$5,243,483$3,627,277$9,546,196
66$18,117,740$5,431,536$3,679,914$10,270,208
67$19,894,703$5,626,634$3,732,144$11,061,079
68$21,850,677$5,829,054$3,783,886$11,925,433
69$24,003,853$6,039,084$3,835,052$12,870,561
70$26,374,271$6,257,025$3,885,552$13,904,492
71$28,984,016$6,483,188$3,935,287$15,036,070
72$31,857,421$6,717,900$3,984,154$16,275,032
73$35,021,300$6,961,499$4,032,046$17,632,102
74$38,505,199$7,214,339$4,078,845$19,119,094
75$42,341,675$7,476,787$4,124,433$20,749,016
76$46,566,603$7,749,227$4,168,679$22,536,198
77$51,219,516$8,032,058$4,211,448$24,496,425
78$56,343,973$8,325,697$4,252,599$26,647,081
79$61,987,978$8,630,575$4,291,981$29,007,319
80$68,204,424$8,947,146$4,329,434$31,598,234
81$75,051,599$9,275,879$4,364,793$34,443,066
82$82,593,730$9,617,265$4,397,882$37,567,417
83$90,901,595$9,971,815$4,428,516$40,999,492
84$100,053,186$10,340,063$4,456,500$44,770,360
85$110,134,448$10,722,563$4,481,629$48,914,252
86$121,240,087$11,119,894$4,503,690$53,468,882
87$133,474,468$11,532,661$4,522,455$58,475,796
88$146,952,594$11,961,491$4,537,687$63,980,772
89$161,801,196$12,407,042$4,549,137$70,034,242
90$178,159,927$12,869,997$4,556,543$76,691,772
91$196,182,683$13,351,069$4,559,630$84,014,586
92$216,039,048$13,851,003$4,558,109$92,070,137
93$237,915,903$14,370,574$4,551,677$100,932,747
94$262,019,184$14,910,592$4,540,018$110,684,307
95$288,575,830$15,471,900$4,522,798$121,415,044
96$317,835,921$16,055,379$4,499,668$133,224,378
97$350,075,039$16,661,947$4,470,261$146,221,851
98$385,596,874$17,292,563$4,434,195$160,528,166
99$424,736,081$17,948,225$4,391,067$176,276,320
100$467,861,451$18,629,977$4,340,457$193,612,862