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

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 $2,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$206,448$204,609$202,815$201,063$199,354$196,537
2 years$102,202$100,298$98,454$96,665$94,930$92,098
3 years$67,458$65,546$63,706$61,934$60,228$57,468
4 years$50,089$48,183$46,362$44,620$42,955$40,289
5 years$39,671$37,776$35,979$34,273$32,654$30,089
6 years$32,727$30,847$29,076$27,408$25,838$23,377
7 years$27,770$25,905$24,162$22,534$21,013$18,658
8 years$24,053$22,206$20,492$18,903$17,432$15,182
9 years$21,164$19,334$17,649$16,101$14,680$12,534
10 years$18,854$17,042$15,387$13,879$12,509$10,465
11 years$16,965$15,172$13,547$12,079$10,758$8,814
12 years$15,393$13,617$12,022$10,595$9,322$7,477
13 years$14,063$12,306$10,741$9,354$8,129$6,379
14 years$12,924$11,186$9,651$8,303$7,126$5,469
15 years$11,938$10,218$8,713$7,405$6,274$4,707
16 years$11,076$9,375$7,900$6,630$5,545$4,065
17 years$10,316$8,634$7,189$5,957$4,917$3,521
18 years$9,642$7,978$6,562$5,369$4,372$3,056
19 years$9,039$7,394$6,008$4,851$3,897$2,659
20 years$8,497$6,871$5,513$4,394$3,481$2,317
21 years$8,007$6,400$5,071$3,988$3,115$2,022
22 years$7,562$5,974$4,674$3,626$2,792$1,767
23 years$7,157$5,588$4,316$3,302$2,506$1,546
24 years$6,786$5,235$3,991$3,012$2,253$1,354
25 years$6,445$4,913$3,697$2,750$2,027$1,187
26 years$6,131$4,617$3,428$2,515$1,826$1,041
27 years$5,841$4,346$3,184$2,302$1,646$914
28 years$5,572$4,095$2,960$2,109$1,485$802
29 years$5,322$3,863$2,754$1,934$1,341$705
30 years$5,089$3,648$2,565$1,775$1,212$620
31 years$4,871$3,449$2,392$1,630$1,096$545
32 years$4,668$3,263$2,231$1,498$991$479
33 years$4,477$3,090$2,084$1,378$897$422
34 years$4,298$2,929$1,947$1,268$812$371
35 years$4,129$2,778$1,820$1,167$736$327
36 years$3,971$2,637$1,703$1,075$666$288
37 years$3,821$2,504$1,594$990$604$254
38 years$3,679$2,380$1,492$913$548$223
39 years$3,545$2,263$1,398$841$497$197
40 years$3,418$2,153$1,310$776$450$173
41 years$3,297$2,050$1,229$716$409$153
42 years$3,183$1,952$1,153$661$371$135
43 years$3,074$1,860$1,082$610$337$119
44 years$2,970$1,773$1,015$563$305$105
45 years$2,872$1,691$953$520$277$92
46 years$2,777$1,613$895$481$252$81
47 years$2,688$1,539$841$444$229$72
48 years$2,602$1,469$791$410$208$63
49 years$2,519$1,403$743$379$189$56
50 years$2,441$1,340$699$350$171$49

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 $3,092 every year, while hoping to spend $53,187 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: 48/32/20 Blend
44$2,500,000$2,500,000$2,500,000$2,500,000
45$2,758,189$2,625,689$2,586,939$2,874,856
46$2,982,934$2,697,758$2,617,011$3,028,410
47$3,228,820$2,771,575$2,646,308$3,189,435
48$3,497,948$2,847,170$2,674,747$3,363,178
49$3,792,630$2,924,573$2,702,243$3,550,855
50$4,115,413$3,003,812$2,728,703$3,753,802
51$4,469,103$3,084,915$2,754,032$3,973,494
52$4,856,786$3,167,912$2,778,127$4,211,552
53$5,281,867$3,252,827$2,800,882$4,469,764
54$5,748,090$3,339,689$2,822,185$4,750,096
55$6,259,584$3,428,523$2,841,917$5,054,718
56$6,820,894$3,519,352$2,859,953$5,386,014
57$7,437,027$3,612,202$2,876,163$5,746,615
58$8,113,497$3,707,094$2,890,409$6,139,418
59$8,856,382$3,804,049$2,902,545$6,567,613
60$9,672,373$3,903,088$2,912,420$7,034,716
61$10,568,843$4,004,227$2,919,874$7,544,601
62$11,553,914$4,107,484$2,924,740$8,101,533
63$12,636,535$4,212,872$2,926,840$8,710,216
64$13,826,563$4,320,404$2,925,991$9,375,830
65$15,134,859$4,430,090$2,921,997$10,104,082
66$16,573,387$4,541,937$2,914,657$10,901,263
67$18,155,330$4,655,950$2,903,756$11,774,302
68$19,895,213$4,772,130$2,889,071$12,730,839
69$21,809,037$4,890,477$2,870,367$13,779,287
70$23,914,433$5,010,984$2,847,398$14,928,921
71$26,230,827$5,133,645$2,819,908$16,189,961
72$28,779,622$5,258,444$2,787,626$17,573,668
73$31,584,402$5,385,367$2,750,270$19,092,453
74$34,671,151$5,514,390$2,707,544$20,759,993
75$38,068,501$5,645,487$2,659,139$22,591,359
76$41,807,998$5,778,626$2,604,731$24,603,162
77$45,924,404$5,913,769$2,543,979$26,813,707
78$50,456,022$6,050,872$2,476,531$29,243,164
79$55,445,055$6,189,883$2,402,013$31,913,767
80$60,938,008$6,330,746$2,320,039$34,850,014
81$66,986,127$6,473,394$2,230,202$38,078,907
82$73,645,875$6,617,753$2,132,076$41,630,200
83$80,979,473$6,763,742$2,025,220$45,536,686
84$89,055,482$6,911,268$1,909,168$49,834,506
85$97,949,451$7,060,230$1,783,435$54,563,488
86$107,744,630$7,210,517$1,647,515$59,767,526
87$118,532,754$7,362,003$1,500,878$65,494,993
88$130,414,909$7,514,555$1,342,972$71,799,200
89$143,502,485$7,668,025$1,173,217$78,738,901
90$157,918,231$7,822,250$991,012$86,378,844
91$173,797,404$7,977,054$795,725$94,790,389
92$191,289,056$8,132,246$586,698$104,052,176
93$210,557,433$8,287,619$363,245$114,250,874
94$231,783,526$8,442,947$124,649$125,481,997
95$255,166,781$8,597,988$0$137,850,808
96$280,926,981$8,752,477$0$151,501,051
97$309,306,316$8,906,131$0$166,563,026
98$340,571,674$9,058,646$0$183,151,172
99$375,017,156$9,209,691$0$201,420,947
100$412,966,854$9,358,913$0$221,543,661