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%12.4%
1 years$206,448$204,609$202,815$201,063$199,354$197,354
2 years$102,202$100,298$98,454$96,665$94,930$92,916
3 years$67,458$65,546$63,706$61,934$60,228$58,262
4 years$50,089$48,183$46,362$44,620$42,955$41,052
5 years$39,671$37,776$35,979$34,273$32,654$30,820
6 years$32,727$30,847$29,076$27,408$25,838$24,075
7 years$27,770$25,905$24,162$22,534$21,013$19,322
8 years$24,053$22,206$20,492$18,903$17,432$15,813
9 years$21,164$19,334$17,649$16,101$14,680$13,132
10 years$18,854$17,042$15,387$13,879$12,509$11,030
11 years$16,965$15,172$13,547$12,079$10,758$9,349
12 years$15,393$13,617$12,022$10,595$9,322$7,981
13 years$14,063$12,306$10,741$9,354$8,129$6,854
14 years$12,924$11,186$9,651$8,303$7,126$5,915
15 years$11,938$10,218$8,713$7,405$6,274$5,126
16 years$11,076$9,375$7,900$6,630$5,545$4,457
17 years$10,316$8,634$7,189$5,957$4,917$3,887
18 years$9,642$7,978$6,562$5,369$4,372$3,399
19 years$9,039$7,394$6,008$4,851$3,897$2,978
20 years$8,497$6,871$5,513$4,394$3,481$2,615
21 years$8,007$6,400$5,071$3,988$3,115$2,299
22 years$7,562$5,974$4,674$3,626$2,792$2,025
23 years$7,157$5,588$4,316$3,302$2,506$1,785
24 years$6,786$5,235$3,991$3,012$2,253$1,575
25 years$6,445$4,913$3,697$2,750$2,027$1,392
26 years$6,131$4,617$3,428$2,515$1,826$1,230
27 years$5,841$4,346$3,184$2,302$1,646$1,089
28 years$5,572$4,095$2,960$2,109$1,485$964
29 years$5,322$3,863$2,754$1,934$1,341$854
30 years$5,089$3,648$2,565$1,775$1,212$757
31 years$4,871$3,449$2,392$1,630$1,096$671
32 years$4,668$3,263$2,231$1,498$991$595
33 years$4,477$3,090$2,084$1,378$897$528
34 years$4,298$2,929$1,947$1,268$812$469
35 years$4,129$2,778$1,820$1,167$736$416
36 years$3,971$2,637$1,703$1,075$666$369
37 years$3,821$2,504$1,594$990$604$328
38 years$3,679$2,380$1,492$913$548$292
39 years$3,545$2,263$1,398$841$497$259
40 years$3,418$2,153$1,310$776$450$230
41 years$3,297$2,050$1,229$716$409$205
42 years$3,183$1,952$1,153$661$371$182
43 years$3,074$1,860$1,082$610$337$162
44 years$2,970$1,773$1,015$563$305$144
45 years$2,872$1,691$953$520$277$128
46 years$2,777$1,613$895$481$252$114
47 years$2,688$1,539$841$444$229$101
48 years$2,602$1,469$791$410$208$90
49 years$2,519$1,403$743$379$189$80
50 years$2,441$1,340$699$350$171$71

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 $6,172 every year, while hoping to spend $59,329 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: 21/50/29 Blend
44$2,500,000$2,500,000$2,500,000$2,500,000
45$2,761,366$2,628,866$2,590,116$2,793,818
46$2,979,900$2,694,555$2,613,760$2,889,798
47$3,218,736$2,761,474$2,636,207$2,987,007
48$3,479,882$2,829,622$2,657,354$3,089,636
49$3,765,549$2,898,992$2,677,095$3,198,165
50$4,078,172$2,969,580$2,695,314$3,313,117
51$4,420,431$3,041,375$2,711,893$3,435,073
52$4,795,279$3,114,366$2,726,705$3,564,673
53$5,205,966$3,188,538$2,739,618$3,702,621
54$5,656,072$3,263,875$2,750,494$3,849,696
55$6,149,541$3,340,354$2,759,185$4,006,754
56$6,690,715$3,417,952$2,765,538$4,174,744
57$7,284,378$3,496,641$2,769,393$4,354,708
58$7,935,797$3,576,389$2,770,580$4,547,798
59$8,650,775$3,657,160$2,768,922$4,755,286
60$9,435,706$3,738,912$2,764,233$4,978,574
61$10,297,630$3,821,601$2,756,317$5,219,209
62$11,244,304$3,905,175$2,744,969$5,478,898
63$12,284,272$3,989,578$2,729,975$5,759,525
64$13,426,949$4,074,748$2,711,110$6,063,168
65$14,682,703$4,160,616$2,688,138$6,392,121
66$16,062,960$4,247,108$2,660,811$6,748,914
67$17,580,306$4,334,140$2,628,872$7,136,339
68$19,248,606$4,421,622$2,592,049$7,557,478
69$21,083,140$4,509,457$2,550,058$8,015,728
70$23,100,738$4,597,538$2,502,603$8,514,842
71$25,319,945$4,685,750$2,449,372$9,058,957
72$27,761,194$4,773,966$2,390,040$9,652,637
73$30,446,996$4,862,051$2,324,267$10,300,921
74$33,402,157$4,949,858$2,251,697$11,009,364
75$36,654,005$5,037,229$2,171,957$11,784,097
76$40,232,653$5,123,993$2,084,658$12,631,883
77$44,171,282$5,209,967$1,989,392$13,560,182
78$48,506,451$5,294,953$1,885,734$14,577,223
79$53,278,441$5,378,739$1,773,239$15,692,085
80$58,531,642$5,461,097$1,651,442$16,914,781
81$64,314,961$5,541,782$1,519,857$18,256,356
82$70,682,291$5,620,533$1,377,976$19,728,992
83$77,693,016$5,697,070$1,225,270$21,346,127
84$85,412,570$5,771,094$1,061,183$23,122,581
85$93,913,057$5,842,282$885,137$25,074,698
86$103,273,929$5,910,294$696,529$27,220,505
87$113,582,734$5,974,762$494,727$29,579,882
88$124,935,946$6,035,298$279,073$32,174,753
89$137,439,870$6,091,486$48,880$35,029,296
90$151,211,648$6,142,880$0$38,170,172
91$166,380,365$6,189,010$0$41,687,671
92$183,088,263$6,229,372$0$45,573,423
93$201,492,084$6,263,430$0$49,848,277
94$221,764,554$6,290,615$0$54,551,906
95$244,096,004$6,310,320$0$59,728,035
96$268,696,173$6,321,903$0$65,424,862
97$295,796,184$6,324,677$0$71,695,514
98$325,650,725$6,317,918$0$78,598,546
99$358,540,455$6,300,851$0$86,198,501
100$394,774,648$6,272,660$0$94,566,520