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%12%
1 years$205,622$203,790$202,003$200,259$198,556$196,892
2 years$101,793$99,897$98,060$96,278$94,551$92,874
3 years$67,188$65,284$63,451$61,687$59,987$58,349
4 years$49,889$47,991$46,176$44,442$42,783$41,197
5 years$39,512$37,625$35,835$34,135$32,523$30,993
6 years$32,596$30,724$28,960$27,298$25,734$24,262
7 years$27,659$25,802$24,066$22,444$20,929$19,516
8 years$23,957$22,117$20,410$18,827$17,363$16,008
9 years$21,079$19,257$17,579$16,037$14,622$13,325
10 years$18,779$16,974$15,326$13,824$12,458$11,220
11 years$16,898$15,111$13,492$12,031$10,715$9,533
12 years$15,331$13,563$11,974$10,553$9,285$8,159
13 years$14,007$12,257$10,698$9,316$8,097$7,025
14 years$12,872$11,141$9,612$8,270$7,098$6,078
15 years$11,890$10,178$8,679$7,375$6,249$5,281
16 years$11,032$9,338$7,868$6,604$5,523$4,605
17 years$10,275$8,600$7,160$5,934$4,897$4,028
18 years$9,603$7,946$6,536$5,347$4,354$3,532
19 years$9,002$7,365$5,984$4,832$3,881$3,104
20 years$8,463$6,844$5,491$4,376$3,467$2,733
21 years$7,975$6,375$5,051$3,972$3,102$2,410
22 years$7,532$5,950$4,655$3,611$2,781$2,129
23 years$7,129$5,565$4,298$3,289$2,496$1,882
24 years$6,759$5,214$3,975$2,999$2,244$1,666
25 years$6,420$4,893$3,682$2,739$2,019$1,477
26 years$6,107$4,599$3,415$2,505$1,819$1,310
27 years$5,818$4,328$3,171$2,293$1,640$1,162
28 years$5,550$4,078$2,948$2,100$1,479$1,032
29 years$5,301$3,848$2,743$1,926$1,336$918
30 years$5,069$3,634$2,555$1,768$1,207$816
31 years$4,852$3,435$2,382$1,624$1,091$726
32 years$4,649$3,250$2,223$1,492$987$646
33 years$4,459$3,078$2,075$1,372$893$575
34 years$4,281$2,917$1,939$1,262$809$512
35 years$4,113$2,767$1,813$1,162$733$456
36 years$3,955$2,626$1,696$1,070$664$406
37 years$3,805$2,494$1,587$986$602$362
38 years$3,664$2,370$1,486$909$545$323
39 years$3,531$2,254$1,393$838$495$288
40 years$3,404$2,145$1,305$773$449$257
41 years$3,284$2,041$1,224$713$407$229
42 years$3,170$1,944$1,148$658$369$204
43 years$3,062$1,852$1,077$608$335$182
44 years$2,958$1,766$1,011$561$304$162
45 years$2,860$1,684$950$518$276$145
46 years$2,766$1,606$892$479$251$129
47 years$2,677$1,533$838$442$228$115
48 years$2,591$1,463$787$409$207$103
49 years$2,509$1,397$740$378$188$92
50 years$2,431$1,335$696$349$171$82

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 $3,612 every year, while hoping to spend $29,540 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: 40/49/11 Blend
44$2,490,000$2,490,000$2,490,000$2,490,000
45$2,747,706$2,615,736$2,577,141$2,848,430
46$2,996,541$2,712,477$2,632,045$3,016,492
47$3,269,768$2,812,967$2,687,798$3,194,990
48$3,569,843$2,917,361$2,744,397$3,387,427
49$3,899,472$3,025,817$2,801,840$3,595,077
50$4,261,636$3,138,500$2,860,120$3,819,340
51$4,659,621$3,255,584$2,919,231$4,061,751
52$5,097,044$3,377,249$2,979,167$4,323,997
53$5,577,891$3,503,683$3,039,918$4,607,931
54$6,106,555$3,635,083$3,101,474$4,915,588
55$6,687,873$3,771,652$3,163,823$5,249,206
56$7,327,177$3,913,604$3,226,952$5,611,243
57$8,030,340$4,061,161$3,290,846$6,004,400
58$8,803,834$4,214,557$3,355,488$6,431,646
59$9,654,787$4,374,032$3,420,859$6,896,248
60$10,591,055$4,539,840$3,486,938$7,401,796
61$11,621,295$4,712,244$3,553,702$7,952,238
62$12,755,042$4,891,519$3,621,127$8,551,916
63$14,002,806$5,077,953$3,689,184$9,205,607
64$15,376,164$5,271,844$3,757,843$9,918,566
65$16,887,874$5,473,506$3,827,072$10,696,573
66$18,551,994$5,683,265$3,896,836$11,545,989
67$20,384,013$5,901,461$3,967,096$12,473,811
68$22,400,999$6,128,449$4,037,811$13,487,743
69$24,621,759$6,364,602$4,108,936$14,596,258
70$27,067,017$6,610,305$4,180,423$15,808,687
71$29,759,606$6,865,963$4,252,220$17,135,296
72$32,724,690$7,131,999$4,324,274$18,587,389
73$35,989,994$7,408,854$4,396,523$20,177,407
74$39,586,073$7,696,987$4,468,906$21,919,047
75$43,546,592$7,996,879$4,541,354$23,827,389
76$47,908,650$8,309,032$4,613,795$25,919,036
77$52,713,128$8,633,970$4,686,153$28,212,269
78$58,005,073$8,972,240$4,758,345$30,727,218
79$63,834,126$9,324,415$4,830,285$33,486,047
80$70,254,986$9,691,092$4,901,879$36,513,166
81$77,327,933$10,072,893$4,973,030$39,835,454
82$85,119,389$10,470,471$5,043,633$43,482,514
83$93,702,549$10,884,507$5,113,578$47,486,949
84$103,158,073$11,315,712$5,182,746$51,884,664
85$113,574,843$11,764,828$5,251,015$56,715,208
86$125,050,805$12,232,633$5,318,252$62,022,139
87$137,693,892$12,719,937$5,384,318$67,853,436
88$151,623,042$13,227,587$5,449,066$74,261,946
89$166,969,324$13,756,470$5,512,341$81,305,881
90$183,877,170$14,307,512$5,573,979$89,049,365
91$202,505,740$14,881,679$5,633,807$97,563,034
92$223,030,428$15,479,983$5,691,641$106,924,699
93$245,644,510$16,103,481$5,747,290$117,220,079
94$270,560,975$16,753,277$5,800,549$128,543,605
95$298,014,533$17,430,526$5,851,206$140,999,305
96$328,263,828$18,136,434$5,899,034$154,701,786
97$361,593,883$18,872,264$5,943,797$169,777,307
98$398,318,789$19,639,335$5,985,244$186,364,969
99$438,784,669$20,439,026$6,023,113$204,618,023
100$483,372,946$21,272,779$6,057,127$224,705,311