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%20%
1 years$207,273$205,427$203,626$201,868$200,151$192,134
2 years$102,611$100,700$98,848$97,052$95,310$87,334
3 years$67,728$65,808$63,961$62,182$60,469$52,784
4 years$50,289$48,376$46,547$44,799$43,127$35,792
5 years$39,829$37,927$36,122$34,410$32,784$25,819
6 years$32,858$30,971$29,192$27,518$25,941$19,349
7 years$27,881$26,009$24,259$22,624$21,097$14,876
8 years$24,149$22,295$20,574$18,979$17,502$11,645
9 years$21,249$19,411$17,720$16,166$14,739$9,238
10 years$18,930$17,110$15,449$13,935$12,559$7,402
11 years$17,033$15,232$13,601$12,127$10,801$5,976
12 years$15,454$13,672$12,070$10,637$9,360$4,854
13 years$14,119$12,355$10,784$9,391$8,162$3,962
14 years$12,976$11,230$9,690$8,337$7,155$3,246
15 years$11,986$10,259$8,748$7,435$6,300$2,667
16 years$11,120$9,413$7,932$6,657$5,568$2,197
17 years$10,357$8,669$7,217$5,981$4,937$1,814
18 years$9,680$8,010$6,589$5,390$4,389$1,500
19 years$9,075$7,424$6,032$4,871$3,912$1,242
20 years$8,531$6,899$5,535$4,411$3,495$1,029
21 years$8,039$6,426$5,092$4,003$3,127$854
22 years$7,593$5,998$4,693$3,640$2,803$709
23 years$7,186$5,610$4,333$3,315$2,516$589
24 years$6,813$5,256$4,007$3,024$2,262$490
25 years$6,471$4,933$3,711$2,761$2,035$407
26 years$6,156$4,636$3,442$2,525$1,833$339
27 years$5,864$4,363$3,196$2,311$1,653$282
28 years$5,594$4,111$2,971$2,117$1,491$235
29 years$5,343$3,878$2,765$1,942$1,347$195
30 years$5,109$3,663$2,576$1,782$1,217$163
31 years$4,891$3,463$2,401$1,637$1,100$135
32 years$4,687$3,276$2,240$1,504$995$113
33 years$4,495$3,103$2,092$1,383$901$94
34 years$4,315$2,941$1,954$1,273$815$78
35 years$4,146$2,789$1,827$1,171$738$65
36 years$3,986$2,647$1,709$1,079$669$54
37 years$3,836$2,514$1,600$994$606$45
38 years$3,694$2,390$1,498$916$550$38
39 years$3,559$2,272$1,404$845$499$31
40 years$3,432$2,162$1,316$779$452$26
41 years$3,311$2,058$1,234$719$410$22
42 years$3,196$1,960$1,157$664$372$18
43 years$3,086$1,867$1,086$612$338$15
44 years$2,982$1,780$1,019$566$307$13
45 years$2,883$1,697$957$522$278$11
46 years$2,789$1,619$899$482$253$9
47 years$2,698$1,545$845$446$230$7
48 years$2,612$1,475$794$412$208$6
49 years$2,530$1,409$746$381$189$5
50 years$2,451$1,346$701$352$172$4

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 $4,327 every year, while hoping to spend $31,440 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: 56/17/27 Blend
44$2,510,000$2,510,000$2,510,000$2,510,000
45$2,770,483$2,637,453$2,598,548$2,904,837
46$3,019,621$2,733,237$2,652,148$3,093,447
47$3,293,116$2,832,660$2,706,489$3,295,199
48$3,593,422$2,935,867$2,761,564$3,514,378
49$3,923,237$3,043,011$2,817,362$3,752,674
50$4,285,537$3,154,248$2,873,874$4,011,949
51$4,683,598$3,269,743$2,931,086$4,294,250
52$5,121,032$3,389,667$2,988,983$4,601,833
53$5,601,814$3,514,198$3,047,551$4,937,179
54$6,130,327$3,643,522$3,106,772$5,303,020
55$6,711,398$3,777,832$3,166,626$5,702,364
56$7,350,345$3,917,330$3,227,093$6,138,525
57$8,053,028$4,062,226$3,288,148$6,615,148
58$8,825,902$4,212,741$3,349,766$7,136,250
59$9,676,080$4,369,102$3,411,920$7,706,253
60$10,611,400$4,531,547$3,474,579$8,330,029
61$11,640,496$4,700,326$3,537,710$9,012,940
62$12,772,881$4,875,697$3,601,278$9,760,895
63$14,019,039$5,057,930$3,665,245$10,580,401
64$15,390,520$5,247,307$3,729,570$11,478,623
65$16,900,050$5,444,123$3,794,208$12,463,457
66$18,561,653$5,648,683$3,859,112$13,543,597
67$20,390,781$5,861,307$3,924,230$14,728,622
68$22,404,458$6,082,328$3,989,509$16,029,083
69$24,621,445$6,312,095$4,054,891$17,456,604
70$27,062,414$6,550,969$4,120,312$19,023,990
71$29,750,145$6,799,331$4,185,706$20,745,345
72$32,709,735$7,057,574$4,251,003$22,636,212
73$35,968,844$7,326,111$4,316,128$24,713,710
74$39,557,948$7,605,372$4,380,999$26,996,701
75$43,510,629$7,895,806$4,445,533$29,505,968
76$47,863,893$8,197,880$4,509,639$32,264,404
77$52,658,518$8,512,084$4,573,220$35,297,237
78$57,939,439$8,838,929$4,636,175$38,632,257
79$63,756,172$9,178,946$4,698,396$42,300,089
80$70,163,278$9,532,691$4,759,769$46,334,470
81$77,220,885$9,900,745$4,820,174$50,772,576
82$84,995,248$10,283,714$4,879,482$55,655,368
83$93,559,377$10,682,230$4,937,559$61,027,977
84$102,993,728$11,096,954$4,994,262$66,940,131
85$113,386,958$11,528,575$5,049,440$73,446,624
86$124,836,766$11,977,813$5,102,934$80,607,833
87$137,450,811$12,445,421$5,154,577$88,490,283
88$151,347,730$12,932,183$5,204,192$97,167,279
89$166,658,259$13,438,920$5,251,592$106,719,594
90$183,526,463$13,966,489$5,296,582$117,236,234
91$202,111,099$14,515,784$5,338,955$128,815,271
92$222,587,114$15,087,740$5,378,492$141,564,776
93$245,147,293$15,683,333$5,414,966$155,603,831
94$270,004,084$16,303,584$5,448,134$171,063,656
95$297,391,599$16,949,557$5,477,745$188,088,846
96$327,567,824$17,622,367$5,503,531$206,838,734
97$360,817,055$18,323,176$5,525,212$227,488,895
98$397,452,583$19,053,201$5,542,496$250,232,802
99$437,819,649$19,813,710$5,555,072$275,283,651
100$482,298,704$20,606,032$5,562,617$302,876,371