Can I retire at age 45 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$207,273$205,427$203,626$201,868$200,151$197,486
2 years$102,611$100,700$98,848$97,052$95,310$92,630
3 years$67,728$65,808$63,961$62,182$60,469$57,856
4 years$50,289$48,376$46,547$44,799$43,127$40,602
5 years$39,829$37,927$36,122$34,410$32,784$30,354
6 years$32,858$30,971$29,192$27,518$25,941$23,609
7 years$27,881$26,009$24,259$22,624$21,097$18,864
8 years$24,149$22,295$20,574$18,979$17,502$15,367
9 years$21,249$19,411$17,720$16,166$14,739$12,702
10 years$18,930$17,110$15,449$13,935$12,559$10,618
11 years$17,033$15,232$13,601$12,127$10,801$8,954
12 years$15,454$13,672$12,070$10,637$9,360$7,606
13 years$14,119$12,355$10,784$9,391$8,162$6,498
14 years$12,976$11,230$9,690$8,337$7,155$5,578
15 years$11,986$10,259$8,748$7,435$6,300$4,808
16 years$11,120$9,413$7,932$6,657$5,568$4,158
17 years$10,357$8,669$7,217$5,981$4,937$3,606
18 years$9,680$8,010$6,589$5,390$4,389$3,135
19 years$9,075$7,424$6,032$4,871$3,912$2,731
20 years$8,531$6,899$5,535$4,411$3,495$2,383
21 years$8,039$6,426$5,092$4,003$3,127$2,083
22 years$7,593$5,998$4,693$3,640$2,803$1,823
23 years$7,186$5,610$4,333$3,315$2,516$1,598
24 years$6,813$5,256$4,007$3,024$2,262$1,401
25 years$6,471$4,933$3,711$2,761$2,035$1,230
26 years$6,156$4,636$3,442$2,525$1,833$1,081
27 years$5,864$4,363$3,196$2,311$1,653$950
28 years$5,594$4,111$2,971$2,117$1,491$836
29 years$5,343$3,878$2,765$1,942$1,347$736
30 years$5,109$3,663$2,576$1,782$1,217$648
31 years$4,891$3,463$2,401$1,637$1,100$571
32 years$4,687$3,276$2,240$1,504$995$503
33 years$4,495$3,103$2,092$1,383$901$443
34 years$4,315$2,941$1,954$1,273$815$391
35 years$4,146$2,789$1,827$1,171$738$344
36 years$3,986$2,647$1,709$1,079$669$304
37 years$3,836$2,514$1,600$994$606$268
38 years$3,694$2,390$1,498$916$550$237
39 years$3,559$2,272$1,404$845$499$209
40 years$3,432$2,162$1,316$779$452$184
41 years$3,311$2,058$1,234$719$410$163
42 years$3,196$1,960$1,157$664$372$144
43 years$3,086$1,867$1,086$612$338$127
44 years$2,982$1,780$1,019$566$307$112
45 years$2,883$1,697$957$522$278$99
46 years$2,789$1,619$899$482$253$87
47 years$2,698$1,545$845$446$230$77
48 years$2,612$1,475$794$412$208$68
49 years$2,530$1,409$746$381$189$60
50 years$2,451$1,346$701$352$172$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,510,000, adding $3,564 every year, while hoping to spend $56,966 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: 79/11/10 Blend
44$2,510,000$2,510,000$2,510,000$2,510,000
45$2,769,696$2,636,666$2,597,761$2,983,637
46$2,991,594$2,705,252$2,624,175$3,193,203
47$3,234,216$2,775,288$2,649,564$3,415,301
48$3,499,616$2,846,787$2,673,834$3,657,287
49$3,790,055$2,919,758$2,696,886$3,921,122
50$4,108,024$2,994,210$2,718,615$4,208,963
51$4,456,264$3,070,148$2,738,911$4,523,187
52$4,837,795$3,147,577$2,757,656$4,866,411
53$5,255,943$3,226,501$2,774,730$5,241,519
54$5,714,369$3,306,919$2,790,004$5,651,686
55$6,217,108$3,388,832$2,803,342$6,100,409
56$6,768,602$3,472,234$2,814,603$6,591,542
57$7,373,745$3,557,119$2,823,638$7,129,329
58$8,037,928$3,643,478$2,830,291$7,718,445
59$8,767,086$3,731,299$2,834,396$8,364,042
60$9,567,762$3,820,565$2,835,781$9,071,793
61$10,447,159$3,911,258$2,834,265$9,847,950
62$11,413,215$4,003,355$2,829,658$10,699,401
63$12,474,672$4,096,829$2,821,761$11,633,734
64$13,641,163$4,191,648$2,810,364$12,659,311
65$14,923,300$4,287,777$2,795,249$13,785,341
66$16,332,772$4,385,174$2,776,186$15,021,976
67$17,882,461$4,483,794$2,752,934$16,380,398
68$19,586,556$4,583,583$2,725,242$17,872,928
69$21,460,691$4,684,486$2,692,844$19,513,145
70$23,522,092$4,786,436$2,655,464$21,316,008
71$25,789,737$4,889,362$2,612,814$23,298,002
72$28,284,535$4,993,186$2,564,588$25,477,290
73$31,029,527$5,097,822$2,510,471$27,873,888
74$34,050,097$5,203,173$2,450,130$30,509,850
75$37,374,216$5,309,137$2,383,218$33,409,480
76$41,032,701$5,415,600$2,309,371$36,599,555
77$45,059,510$5,522,438$2,228,209$40,109,588
78$49,492,061$5,629,518$2,139,335$43,972,094
79$54,371,581$5,736,694$2,042,332$48,222,908
80$59,743,498$5,843,809$1,936,767$52,901,517
81$65,657,871$5,950,692$1,822,184$58,051,432
82$72,169,857$6,057,158$1,698,110$63,720,604
83$79,340,234$6,163,011$1,564,049$69,961,871
84$87,235,975$6,268,035$1,419,481$76,833,460
85$95,930,877$6,372,001$1,263,866$84,399,535
86$105,506,259$6,474,662$1,096,638$92,730,806
87$116,051,728$6,575,752$917,207$101,905,191
88$127,666,027$6,674,986$724,956$112,008,557
89$140,457,960$6,772,058$519,240$123,135,526
90$154,547,425$6,866,643$299,388$135,390,372
91$170,066,542$6,958,388$64,697$148,888,003
92$187,160,901$7,046,920$0$163,755,050
93$205,990,932$7,131,839$0$180,150,875
94$226,733,425$7,212,717$0$198,218,092
95$249,583,192$7,289,097$0$218,119,337
96$274,754,908$7,360,494$0$240,041,446
97$302,485,137$7,426,387$0$264,190,306
98$333,034,565$7,486,223$0$290,792,801
99$366,690,456$7,539,414$0$320,098,950
100$403,769,369$7,585,331$0$352,384,269