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

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$207,273$205,427$203,626$201,868$200,151$193,280
2 years$102,611$100,700$98,848$97,052$95,310$88,458
3 years$67,728$65,808$63,961$62,182$60,469$53,850
4 years$50,289$48,376$46,547$44,799$43,127$36,793
5 years$39,829$37,927$36,122$34,410$32,784$26,751
6 years$32,858$30,971$29,192$27,518$25,941$20,214
7 years$27,881$26,009$24,259$22,624$21,097$15,675
8 years$24,149$22,295$20,574$18,979$17,502$12,380
9 years$21,249$19,411$17,720$16,166$14,739$9,912
10 years$18,930$17,110$15,449$13,935$12,559$8,017
11 years$17,033$15,232$13,601$12,127$10,801$6,537
12 years$15,454$13,672$12,070$10,637$9,360$5,363
13 years$14,119$12,355$10,784$9,391$8,162$4,422
14 years$12,976$11,230$9,690$8,337$7,155$3,661
15 years$11,986$10,259$8,748$7,435$6,300$3,041
16 years$11,120$9,413$7,932$6,657$5,568$2,533
17 years$10,357$8,669$7,217$5,981$4,937$2,114
18 years$9,680$8,010$6,589$5,390$4,389$1,768
19 years$9,075$7,424$6,032$4,871$3,912$1,480
20 years$8,531$6,899$5,535$4,411$3,495$1,241
21 years$8,039$6,426$5,092$4,003$3,127$1,042
22 years$7,593$5,998$4,693$3,640$2,803$875
23 years$7,186$5,610$4,333$3,315$2,516$736
24 years$6,813$5,256$4,007$3,024$2,262$619
25 years$6,471$4,933$3,711$2,761$2,035$521
26 years$6,156$4,636$3,442$2,525$1,833$439
27 years$5,864$4,363$3,196$2,311$1,653$369
28 years$5,594$4,111$2,971$2,117$1,491$311
29 years$5,343$3,878$2,765$1,942$1,347$262
30 years$5,109$3,663$2,576$1,782$1,217$221
31 years$4,891$3,463$2,401$1,637$1,100$186
32 years$4,687$3,276$2,240$1,504$995$157
33 years$4,495$3,103$2,092$1,383$901$133
34 years$4,315$2,941$1,954$1,273$815$112
35 years$4,146$2,789$1,827$1,171$738$94
36 years$3,986$2,647$1,709$1,079$669$80
37 years$3,836$2,514$1,600$994$606$67
38 years$3,694$2,390$1,498$916$550$57
39 years$3,559$2,272$1,404$845$499$48
40 years$3,432$2,162$1,316$779$452$40
41 years$3,311$2,058$1,234$719$410$34
42 years$3,196$1,960$1,157$664$372$29
43 years$3,086$1,867$1,086$612$338$24
44 years$2,982$1,780$1,019$566$307$20
45 years$2,883$1,697$957$522$278$17
46 years$2,789$1,619$899$482$253$15
47 years$2,698$1,545$845$446$230$12
48 years$2,612$1,475$794$412$208$10
49 years$2,530$1,409$746$381$189$9
50 years$2,451$1,346$701$352$172$7

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 $6,102 every year, while hoping to spend $49,687 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: 40/40/20 Blend
44$2,510,000$2,510,000$2,510,000$2,510,000
45$2,772,314$2,639,284$2,600,379$2,866,556
46$3,002,224$2,715,743$2,634,625$3,011,030
47$3,253,919$2,794,282$2,668,353$3,162,016
48$3,529,569$2,874,952$2,701,494$3,324,337
49$3,831,563$2,957,803$2,733,972$3,499,053
50$4,162,533$3,042,887$2,765,711$3,687,328
51$4,525,377$3,130,254$2,796,628$3,890,446
52$4,923,287$3,219,957$2,826,636$4,109,817
53$5,359,777$3,312,050$2,855,643$4,346,995
54$5,838,720$3,406,586$2,883,553$4,603,688
55$6,364,382$3,503,621$2,910,264$4,881,780
56$6,941,459$3,603,208$2,935,668$5,183,341
57$7,575,127$3,705,405$2,959,652$5,510,654
58$8,271,087$3,810,267$2,982,098$5,866,230
59$9,035,619$3,917,851$3,002,879$6,252,835
60$9,875,641$4,028,214$3,021,864$6,673,517
61$10,798,774$4,141,415$3,038,915$7,131,629
62$11,813,415$4,257,510$3,053,884$7,630,869
63$12,928,814$4,376,559$3,066,620$8,175,306
64$14,155,163$4,498,620$3,076,962$8,769,424
65$15,503,689$4,623,752$3,084,739$9,418,162
66$16,986,762$4,752,013$3,089,775$10,126,962
67$18,618,012$4,883,462$3,091,883$10,901,817
68$20,412,456$5,018,158$3,090,868$11,749,330
69$22,386,639$5,156,160$3,086,524$12,676,779
70$24,558,789$5,297,525$3,078,636$13,692,177
71$26,948,994$5,442,312$3,066,978$14,804,357
72$29,579,383$5,590,577$3,051,314$16,023,050
73$32,474,342$5,742,377$3,031,395$17,358,976
74$35,660,740$5,897,768$3,006,961$18,823,950
75$39,168,181$6,056,805$2,977,740$20,430,989
76$43,029,288$6,219,541$2,943,447$22,194,435
77$47,280,006$6,386,029$2,903,783$24,130,094
78$51,959,941$6,556,319$2,858,434$26,255,382
79$57,112,737$6,730,461$2,807,074$28,589,490
80$62,786,484$6,908,501$2,749,359$31,153,564
81$69,034,173$7,090,485$2,684,930$33,970,909
82$75,914,196$7,276,456$2,613,412$37,067,205
83$83,490,894$7,466,453$2,534,412$40,470,748
84$91,835,170$7,660,513$2,447,519$44,212,724
85$101,025,150$7,858,671$2,352,304$48,327,496
86$111,146,926$8,060,957$2,248,317$52,852,935
87$122,295,365$8,267,397$2,135,088$57,830,771
88$134,575,006$8,478,013$2,012,127$63,306,994
89$148,101,044$8,692,823$1,878,921$69,332,283
90$163,000,419$8,911,840$1,734,933$75,962,488
91$179,413,011$9,135,069$1,579,603$83,259,157
92$197,492,965$9,362,514$1,412,346$91,290,115
93$217,410,138$9,594,168$1,232,550$100,130,108
94$239,351,708$9,830,018$1,039,577$109,861,508
95$263,523,940$10,070,047$832,760$120,575,090
96$290,154,127$10,314,225$611,403$132,370,890
97$319,492,742$10,562,516$374,779$145,359,151
98$351,815,797$10,814,874$122,129$159,661,364
99$387,427,450$11,071,244$0$175,411,415
100$426,662,874$11,331,559$0$192,788,325