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

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 $2,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$205,622$203,790$202,003$200,259$198,556$192,741
2 years$101,793$99,897$98,060$96,278$94,551$88,739
3 years$67,188$65,284$63,451$61,687$59,987$54,361
4 years$49,889$47,991$46,176$44,442$42,783$37,386
5 years$39,512$37,625$35,835$34,135$32,523$27,370
6 years$32,596$30,724$28,960$27,298$25,734$20,829
7 years$27,659$25,802$24,066$22,444$20,929$16,272
8 years$23,957$22,117$20,410$18,827$17,363$12,951
9 years$21,079$19,257$17,579$16,037$14,622$10,451
10 years$18,779$16,974$15,326$13,824$12,458$8,523
11 years$16,898$15,111$13,492$12,031$10,715$7,008
12 years$15,331$13,563$11,974$10,553$9,285$5,799
13 years$14,007$12,257$10,698$9,316$8,097$4,824
14 years$12,872$11,141$9,612$8,270$7,098$4,030
15 years$11,890$10,178$8,679$7,375$6,249$3,379
16 years$11,032$9,338$7,868$6,604$5,523$2,840
17 years$10,275$8,600$7,160$5,934$4,897$2,393
18 years$9,603$7,946$6,536$5,347$4,354$2,021
19 years$9,002$7,365$5,984$4,832$3,881$1,709
20 years$8,463$6,844$5,491$4,376$3,467$1,447
21 years$7,975$6,375$5,051$3,972$3,102$1,227
22 years$7,532$5,950$4,655$3,611$2,781$1,041
23 years$7,129$5,565$4,298$3,289$2,496$884
24 years$6,759$5,214$3,975$2,999$2,244$752
25 years$6,420$4,893$3,682$2,739$2,019$639
26 years$6,107$4,599$3,415$2,505$1,819$544
27 years$5,818$4,328$3,171$2,293$1,640$463
28 years$5,550$4,078$2,948$2,100$1,479$394
29 years$5,301$3,848$2,743$1,926$1,336$336
30 years$5,069$3,634$2,555$1,768$1,207$286
31 years$4,852$3,435$2,382$1,624$1,091$244
32 years$4,649$3,250$2,223$1,492$987$208
33 years$4,459$3,078$2,075$1,372$893$177
34 years$4,281$2,917$1,939$1,262$809$151
35 years$4,113$2,767$1,813$1,162$733$129
36 years$3,955$2,626$1,696$1,070$664$110
37 years$3,805$2,494$1,587$986$602$94
38 years$3,664$2,370$1,486$909$545$80
39 years$3,531$2,254$1,393$838$495$68
40 years$3,404$2,145$1,305$773$449$58
41 years$3,284$2,041$1,224$713$407$50
42 years$3,170$1,944$1,148$658$369$42
43 years$3,062$1,852$1,077$608$335$36
44 years$2,958$1,766$1,011$561$304$31
45 years$2,860$1,684$950$518$276$26
46 years$2,766$1,606$892$479$251$22
47 years$2,677$1,533$838$442$228$19
48 years$2,591$1,463$787$409$207$16
49 years$2,509$1,397$740$378$188$14
50 years$2,431$1,335$696$349$171$12

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 $4,051 every year, while hoping to spend $34,455 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: 42/34/24 Blend
44$2,490,000$2,490,000$2,490,000$2,490,000
45$2,748,159$2,616,189$2,577,594$2,844,112
46$2,991,811$2,707,722$2,627,283$3,004,613
47$3,259,161$2,802,586$2,677,482$3,174,717
48$3,552,590$2,900,907$2,728,172$3,358,248
49$3,874,719$3,002,817$2,779,332$3,556,462
50$4,228,439$3,108,453$2,830,937$3,770,740
51$4,616,930$3,217,958$2,882,965$4,002,599
52$5,043,700$3,331,480$2,935,386$4,253,707
53$5,512,608$3,449,174$2,988,173$4,525,901
54$6,027,911$3,571,200$3,041,293$4,821,198
55$6,594,294$3,697,725$3,094,713$5,141,820
56$7,216,923$3,828,924$3,148,396$5,490,209
57$7,901,484$3,964,977$3,202,303$5,869,053
58$8,654,246$4,106,071$3,256,391$6,281,310
59$9,482,115$4,252,405$3,310,616$6,730,235
60$10,392,698$4,404,180$3,364,929$7,219,410
61$11,394,378$4,561,609$3,419,279$7,752,778
62$12,496,391$4,724,914$3,473,610$8,334,678
63$13,708,911$4,894,324$3,527,865$8,969,889
64$15,043,153$5,070,078$3,581,981$9,663,669
65$16,511,469$5,252,427$3,635,892$10,421,809
66$18,127,472$5,441,628$3,689,528$11,250,685
67$19,906,160$5,637,954$3,742,812$12,157,316
68$21,864,058$5,841,684$3,795,667$13,149,432
69$24,019,378$6,053,113$3,848,008$14,235,545
70$26,392,184$6,272,544$3,899,746$15,425,029
71$29,004,586$6,500,298$3,950,785$16,728,208
72$31,880,944$6,736,703$4,001,028$18,156,449
73$35,048,105$6,982,106$4,050,367$19,722,276
74$38,535,649$7,236,866$4,098,691$21,439,480
75$42,376,169$7,501,357$4,145,882$23,323,251
76$46,605,585$7,775,970$4,191,815$25,390,322
77$51,263,472$8,061,110$4,236,358$27,659,123
78$56,393,444$8,357,202$4,279,374$30,149,957
79$62,043,558$8,664,688$4,320,716$32,885,189
80$68,266,770$8,984,026$4,360,228$35,889,453
81$75,121,434$9,315,697$4,397,750$39,189,890
82$82,671,855$9,660,201$4,433,109$42,816,400
83$90,988,893$10,018,059$4,466,127$46,801,918
84$100,150,629$10,389,814$4,496,612$51,182,734
85$110,243,111$10,776,032$4,524,365$55,998,824
86$121,361,155$11,177,304$4,549,178$61,294,233
87$133,609,246$11,594,246$4,570,829$67,117,486
88$147,102,525$12,027,499$4,589,087$73,522,046
89$161,967,869$12,477,734$4,603,709$80,566,817
90$178,345,097$12,945,648$4,614,438$88,316,696
91$196,388,281$13,431,969$4,621,007$96,843,190
92$216,267,209$13,937,458$4,623,133$106,225,082
93$238,168,977$14,462,906$4,620,521$116,549,180
94$262,299,765$15,009,141$4,612,860$127,911,129
95$288,886,776$15,577,024$4,599,826$140,416,315
96$318,180,384$16,167,455$4,581,077$154,180,857
97$350,456,495$16,781,373$4,556,255$169,332,704
98$386,019,154$17,419,756$4,524,986$186,012,834
99$425,203,411$18,083,627$4,486,876$204,376,590
100$468,378,486$18,774,053$4,441,514$224,595,141