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%14.6%
1 years$205,622$203,790$202,003$200,259$198,556$194,786
2 years$101,793$99,897$98,060$96,278$94,551$90,767
3 years$67,188$65,284$63,451$61,687$59,987$56,308
4 years$49,889$47,991$46,176$44,442$42,783$39,237
5 years$39,512$37,625$35,835$34,135$32,523$29,120
6 years$32,596$30,724$28,960$27,298$25,734$22,478
7 years$27,659$25,802$24,066$22,444$20,929$17,820
8 years$23,957$22,117$20,410$18,827$17,363$14,400
9 years$21,079$19,257$17,579$16,037$14,622$11,804
10 years$18,779$16,974$15,326$13,824$12,458$9,783
11 years$16,898$15,111$13,492$12,031$10,715$8,178
12 years$15,331$13,563$11,974$10,553$9,285$6,884
13 years$14,007$12,257$10,698$9,316$8,097$5,827
14 years$12,872$11,141$9,612$8,270$7,098$4,955
15 years$11,890$10,178$8,679$7,375$6,249$4,230
16 years$11,032$9,338$7,868$6,604$5,523$3,623
17 years$10,275$8,600$7,160$5,934$4,897$3,111
18 years$9,603$7,946$6,536$5,347$4,354$2,677
19 years$9,002$7,365$5,984$4,832$3,881$2,308
20 years$8,463$6,844$5,491$4,376$3,467$1,994
21 years$7,975$6,375$5,051$3,972$3,102$1,724
22 years$7,532$5,950$4,655$3,611$2,781$1,493
23 years$7,129$5,565$4,298$3,289$2,496$1,294
24 years$6,759$5,214$3,975$2,999$2,244$1,123
25 years$6,420$4,893$3,682$2,739$2,019$975
26 years$6,107$4,599$3,415$2,505$1,819$847
27 years$5,818$4,328$3,171$2,293$1,640$736
28 years$5,550$4,078$2,948$2,100$1,479$640
29 years$5,301$3,848$2,743$1,926$1,336$557
30 years$5,069$3,634$2,555$1,768$1,207$485
31 years$4,852$3,435$2,382$1,624$1,091$422
32 years$4,649$3,250$2,223$1,492$987$368
33 years$4,459$3,078$2,075$1,372$893$320
34 years$4,281$2,917$1,939$1,262$809$279
35 years$4,113$2,767$1,813$1,162$733$243
36 years$3,955$2,626$1,696$1,070$664$212
37 years$3,805$2,494$1,587$986$602$185
38 years$3,664$2,370$1,486$909$545$161
39 years$3,531$2,254$1,393$838$495$141
40 years$3,404$2,145$1,305$773$449$123
41 years$3,284$2,041$1,224$713$407$107
42 years$3,170$1,944$1,148$658$369$93
43 years$3,062$1,852$1,077$608$335$81
44 years$2,958$1,766$1,011$561$304$71
45 years$2,860$1,684$950$518$276$62
46 years$2,766$1,606$892$479$251$54
47 years$2,677$1,533$838$442$228$47
48 years$2,591$1,463$787$409$207$41
49 years$2,509$1,397$740$378$188$36
50 years$2,431$1,335$696$349$171$31

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 $3,068 every year, while hoping to spend $35,111 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: 50/45/5 Blend
44$2,490,000$2,490,000$2,490,000$2,490,000
45$2,747,145$2,615,175$2,576,580$2,881,078
46$2,989,996$2,705,960$2,625,537$3,063,302
47$3,256,441$2,800,018$2,674,958$3,257,155
48$3,548,849$2,897,470$2,724,821$3,466,942
49$3,869,831$2,998,446$2,775,102$3,694,160
50$4,222,262$3,103,078$2,825,776$3,940,456
51$4,609,308$3,211,504$2,876,815$4,207,639
52$5,034,459$3,323,869$2,928,190$4,497,696
53$5,501,558$3,440,323$2,979,868$4,812,816
54$6,014,839$3,561,021$3,031,816$5,155,403
55$6,578,967$3,686,125$3,083,996$5,528,102
56$7,199,080$3,815,803$3,136,368$5,933,821
57$7,880,839$3,950,231$3,188,890$6,375,762
58$8,630,483$4,089,591$3,241,516$6,857,443
59$9,454,884$4,234,072$3,294,198$7,382,740
60$10,361,612$4,383,871$3,346,883$7,955,914
61$11,359,009$4,539,194$3,399,517$8,581,656
62$12,456,268$4,700,254$3,452,040$9,265,128
63$13,663,514$4,867,273$3,504,390$10,012,011
64$14,991,905$5,040,483$3,556,500$10,828,560
65$16,453,735$5,220,122$3,608,299$11,721,658
66$18,062,551$5,406,443$3,659,712$12,698,884
67$19,833,278$5,599,706$3,710,659$13,768,580
68$21,782,363$5,800,181$3,761,056$14,939,933
69$23,927,925$6,008,152$3,810,813$16,223,055
70$26,289,933$6,223,911$3,859,835$17,629,084
71$28,890,390$6,447,766$3,908,023$19,170,281
72$31,753,537$6,680,034$3,955,269$20,860,150
73$34,906,090$6,921,048$4,001,463$22,713,561
74$38,377,484$7,171,152$4,046,485$24,746,891
75$42,200,157$7,430,708$4,090,211$26,978,176
76$46,409,849$7,700,089$4,132,509$29,427,279
77$51,045,946$7,979,686$4,173,241$32,116,080
78$56,151,847$8,269,905$4,212,259$35,068,676
79$61,775,376$8,571,170$4,249,410$38,311,610
80$67,969,229$8,883,923$4,284,530$41,874,117
81$74,791,478$9,208,622$4,317,450$45,788,404
82$82,306,112$9,545,748$4,347,987$50,089,946
83$90,583,644$9,895,799$4,375,954$54,817,822
84$99,701,778$10,259,295$4,401,150$60,015,080
85$109,746,137$10,636,778$4,423,366$65,729,147
86$120,811,076$11,028,813$4,442,382$72,012,266
87$133,000,570$11,435,989$4,457,966$78,921,994
88$146,429,195$11,858,920$4,469,876$86,521,740
89$161,223,212$12,298,246$4,477,855$94,881,363
90$177,521,752$12,754,633$4,481,636$104,077,825
91$195,478,138$13,228,776$4,480,938$114,195,921
92$215,261,323$13,721,402$4,475,464$125,329,073
93$237,057,493$14,233,265$4,464,907$137,580,208
94$261,071,816$14,765,154$4,448,941$151,062,731
95$287,530,386$15,317,892$4,427,225$165,901,590
96$316,682,352$15,892,334$4,399,403$182,234,453
97$348,802,270$16,489,376$4,365,101$200,213,003
98$384,192,696$17,109,951$4,323,926$220,004,370
99$423,187,042$17,755,030$4,275,469$241,792,702
100$466,152,723$18,425,628$4,219,300$265,780,900