Can I retire at age 45 with 2,500,000?

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 $2,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$206,448$204,609$202,815$201,063$199,354$193,827
2 years$102,202$100,298$98,454$96,665$94,930$89,404
3 years$67,458$65,546$63,706$61,934$60,228$54,874
4 years$50,089$48,183$46,362$44,620$42,955$37,815
5 years$39,671$37,776$35,979$34,273$32,654$27,742
6 years$32,727$30,847$29,076$27,408$25,838$21,159
7 years$27,770$25,905$24,162$22,534$21,013$16,567
8 years$24,053$22,206$20,492$18,903$17,432$13,217
9 years$21,164$19,334$17,649$16,101$14,680$10,692
10 years$18,854$17,042$15,387$13,879$12,509$8,741
11 years$16,965$15,172$13,547$12,079$10,758$7,206
12 years$15,393$13,617$12,022$10,595$9,322$5,979
13 years$14,063$12,306$10,741$9,354$8,129$4,987
14 years$12,924$11,186$9,651$8,303$7,126$4,178
15 years$11,938$10,218$8,713$7,405$6,274$3,512
16 years$11,076$9,375$7,900$6,630$5,545$2,961
17 years$10,316$8,634$7,189$5,957$4,917$2,502
18 years$9,642$7,978$6,562$5,369$4,372$2,119
19 years$9,039$7,394$6,008$4,851$3,897$1,797
20 years$8,497$6,871$5,513$4,394$3,481$1,527
21 years$8,007$6,400$5,071$3,988$3,115$1,298
22 years$7,562$5,974$4,674$3,626$2,792$1,105
23 years$7,157$5,588$4,316$3,302$2,506$942
24 years$6,786$5,235$3,991$3,012$2,253$803
25 years$6,445$4,913$3,697$2,750$2,027$685
26 years$6,131$4,617$3,428$2,515$1,826$585
27 years$5,841$4,346$3,184$2,302$1,646$499
28 years$5,572$4,095$2,960$2,109$1,485$427
29 years$5,322$3,863$2,754$1,934$1,341$365
30 years$5,089$3,648$2,565$1,775$1,212$312
31 years$4,871$3,449$2,392$1,630$1,096$266
32 years$4,668$3,263$2,231$1,498$991$228
33 years$4,477$3,090$2,084$1,378$897$195
34 years$4,298$2,929$1,947$1,268$812$167
35 years$4,129$2,778$1,820$1,167$736$143
36 years$3,971$2,637$1,703$1,075$666$122
37 years$3,821$2,504$1,594$990$604$104
38 years$3,679$2,380$1,492$913$548$89
39 years$3,545$2,263$1,398$841$497$76
40 years$3,418$2,153$1,310$776$450$65
41 years$3,297$2,050$1,229$716$409$56
42 years$3,183$1,952$1,153$661$371$48
43 years$3,074$1,860$1,082$610$337$41
44 years$2,970$1,773$1,015$563$305$35
45 years$2,872$1,691$953$520$277$30
46 years$2,777$1,613$895$481$252$26
47 years$2,688$1,539$841$444$229$22
48 years$2,602$1,469$791$410$208$19
49 years$2,519$1,403$743$379$189$16
50 years$2,441$1,340$699$350$171$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,500,000, adding $2,720 every year, while hoping to spend $32,883 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: 85/9/6 Blend
44$2,500,000$2,500,000$2,500,000$2,500,000
45$2,757,806$2,625,306$2,586,556$2,991,223
46$3,004,115$2,718,958$2,638,218$3,237,505
47$3,274,445$2,816,098$2,690,509$3,503,239
48$3,571,212$2,916,861$2,743,415$3,794,121
49$3,897,077$3,021,388$2,796,920$4,112,654
50$4,254,970$3,129,828$2,851,009$4,461,597
51$4,648,121$3,242,333$2,905,662$4,843,989
52$5,080,087$3,359,065$2,960,858$5,263,174
53$5,554,785$3,480,188$3,016,577$5,722,838
54$6,076,534$3,605,878$3,072,792$6,227,039
55$6,650,088$3,736,313$3,129,478$6,780,248
56$7,280,687$3,871,684$3,186,607$7,387,390
57$7,974,105$4,012,184$3,244,146$8,053,887
58$8,736,702$4,158,019$3,302,063$8,785,715
59$9,575,484$4,309,400$3,360,321$9,589,456
60$10,498,173$4,466,550$3,418,881$10,472,360
61$11,513,275$4,629,699$3,477,701$11,442,415
62$12,630,162$4,799,088$3,536,737$12,508,419
63$13,859,161$4,974,966$3,595,941$13,680,067
64$15,211,652$5,157,595$3,655,261$14,968,039
65$16,700,170$5,347,247$3,714,642$16,384,101
66$18,338,530$5,544,205$3,774,025$17,941,215
67$20,141,954$5,748,765$3,833,348$19,653,664
68$22,127,213$5,961,234$3,892,545$21,537,183
69$24,312,788$6,181,934$3,951,545$23,609,109
70$26,719,042$6,411,199$4,010,272$25,888,543
71$29,368,415$6,649,378$4,068,646$28,396,533
72$32,285,630$6,896,834$4,126,583$31,156,267
73$35,497,933$7,153,948$4,183,993$34,193,295
74$39,035,345$7,421,114$4,240,779$37,535,770
75$42,930,947$7,698,745$4,296,841$41,214,712
76$47,221,190$7,987,270$4,352,072$45,264,300
77$51,946,244$8,287,139$4,406,359$49,722,195
78$57,150,371$8,598,819$4,459,583$54,629,896
79$62,882,346$8,922,798$4,511,616$60,033,127
80$69,195,915$9,259,585$4,562,325$65,982,273
81$76,150,305$9,609,711$4,611,569$72,532,854
82$83,810,779$9,973,730$4,659,200$79,746,044
83$92,249,256$10,352,220$4,705,060$87,689,256
84$101,544,985$10,745,784$4,748,985$96,436,769
85$111,785,298$11,155,051$4,790,799$106,070,435
86$123,066,428$11,580,678$4,830,321$116,680,448
87$135,494,422$12,023,351$4,867,355$128,366,194
88$149,186,142$12,483,783$4,901,700$141,237,193
89$164,270,362$12,962,723$4,933,141$155,414,126
90$180,888,991$13,460,948$4,961,453$171,029,978
91$199,198,406$13,979,272$4,986,400$188,231,291
92$219,370,932$14,518,545$5,007,733$207,179,546
93$241,596,465$15,079,652$5,025,190$228,052,687
94$266,084,268$15,663,519$5,038,498$251,046,801
95$293,064,944$16,271,111$5,047,368$276,377,968
96$322,792,611$16,903,439$5,051,497$304,284,296
97$355,547,304$17,561,554$5,050,569$335,028,176
98$391,637,615$18,246,556$5,044,250$368,898,749
99$431,403,610$18,959,596$5,032,190$406,214,642
100$475,220,034$19,701,871$5,014,024$447,326,968