Can I retire at age 45 with 2,520,000?

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 $2,520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$208,099$206,246$204,437$202,672$200,948$197,701
2 years$103,019$101,101$99,241$97,438$95,690$92,427
3 years$67,997$66,070$64,216$62,430$60,709$57,533
4 years$50,490$48,569$46,733$44,977$43,299$40,232
5 years$39,988$38,079$36,266$34,547$32,915$29,968
6 years$32,989$31,094$29,309$27,627$26,044$23,221
7 years$27,992$26,113$24,356$22,714$21,181$18,481
8 years$24,246$22,383$20,655$19,054$17,572$14,995
9 years$21,333$19,489$17,791$16,230$14,798$12,343
10 years$19,005$17,178$15,510$13,990$12,609$10,274
11 years$17,101$15,293$13,655$12,176$10,844$8,626
12 years$15,516$13,726$12,118$10,680$9,397$7,294
13 years$14,175$12,404$10,827$9,429$8,194$6,203
14 years$13,027$11,275$9,728$8,370$7,183$5,300
15 years$12,033$10,300$8,783$7,464$6,325$4,546
16 years$11,165$9,450$7,963$6,683$5,590$3,912
17 years$10,399$8,703$7,246$6,005$4,956$3,376
18 years$9,719$8,042$6,615$5,412$4,407$2,921
19 years$9,111$7,453$6,056$4,890$3,928$2,531
20 years$8,565$6,926$5,558$4,429$3,508$2,198
21 years$8,071$6,451$5,112$4,019$3,140$1,911
22 years$7,623$6,022$4,711$3,655$2,814$1,664
23 years$7,214$5,632$4,350$3,328$2,526$1,450
24 years$6,840$5,277$4,023$3,036$2,271$1,265
25 years$6,497$4,952$3,726$2,772$2,043$1,104
26 years$6,180$4,654$3,456$2,535$1,840$965
27 years$5,888$4,380$3,209$2,320$1,659$843
28 years$5,617$4,128$2,983$2,126$1,497$738
29 years$5,364$3,894$2,776$1,949$1,352$646
30 years$5,130$3,677$2,586$1,789$1,222$565
31 years$4,910$3,476$2,411$1,643$1,104$495
32 years$4,705$3,289$2,249$1,510$999$434
33 years$4,513$3,115$2,100$1,389$904$380
34 years$4,332$2,952$1,962$1,278$819$333
35 years$4,162$2,800$1,835$1,176$741$292
36 years$4,002$2,658$1,716$1,083$672$256
37 years$3,851$2,524$1,606$998$609$224
38 years$3,708$2,399$1,504$920$552$197
39 years$3,573$2,281$1,409$848$501$173
40 years$3,445$2,170$1,321$782$454$152
41 years$3,324$2,066$1,239$722$412$133
42 years$3,208$1,968$1,162$666$374$117
43 years$3,099$1,875$1,090$615$339$102
44 years$2,994$1,787$1,023$568$308$90
45 years$2,895$1,704$961$524$280$79
46 years$2,800$1,626$903$484$254$69
47 years$2,709$1,551$848$447$230$61
48 years$2,622$1,481$797$414$209$53
49 years$2,540$1,414$749$382$190$47
50 years$2,460$1,351$704$353$173$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,520,000, adding $6,495 every year, while hoping to spend $51,665 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: 56/34/10 Blend
44$2,520,000$2,520,000$2,520,000$2,520,000
45$2,783,740$2,650,180$2,611,120$2,932,457
46$3,012,710$2,725,067$2,643,621$3,108,584
47$3,263,304$2,801,893$2,675,479$3,294,057
48$3,537,672$2,880,697$2,706,619$3,494,837
49$3,838,183$2,961,519$2,736,960$3,712,393
50$4,167,446$3,044,402$2,766,416$3,948,340
51$4,528,333$3,129,386$2,794,899$4,204,456
52$4,924,009$3,216,512$2,822,314$4,482,699
53$5,357,958$3,305,821$2,848,562$4,785,224
54$5,834,019$3,397,355$2,873,537$5,114,404
55$6,356,418$3,491,155$2,897,130$5,472,852
56$6,929,813$3,587,262$2,919,225$5,863,443
57$7,559,333$3,685,717$2,939,698$6,289,345
58$8,250,629$3,786,561$2,958,421$6,754,047
59$9,009,924$3,889,833$2,975,260$7,261,391
60$9,844,076$3,995,575$2,990,071$7,815,607
61$10,760,639$4,103,825$3,002,705$8,421,357
62$11,767,933$4,214,622$3,013,005$9,083,772
63$12,875,128$4,328,003$3,020,805$9,808,508
64$14,092,322$4,444,007$3,025,934$10,601,793
65$15,430,644$4,562,669$3,028,208$11,470,489
66$16,902,354$4,684,023$3,027,437$12,422,154
67$18,520,958$4,808,104$3,023,420$13,465,115
68$20,301,339$4,934,944$3,015,947$14,608,546
69$22,259,892$5,064,573$3,004,799$15,862,554
70$24,414,684$5,197,021$2,989,743$17,238,275
71$26,785,620$5,332,313$2,970,537$18,747,976
72$29,394,632$5,470,474$2,946,928$20,405,176
73$32,265,884$5,611,528$2,918,650$22,224,768
74$35,426,004$5,755,492$2,885,424$24,223,162
75$38,904,329$5,902,384$2,846,959$26,418,439
76$42,733,187$6,052,217$2,802,948$28,830,523
77$46,948,198$6,205,001$2,753,073$31,481,367
78$51,588,611$6,360,743$2,696,998$34,395,159
79$56,697,674$6,519,445$2,634,372$37,598,555
80$62,323,044$6,681,104$2,564,830$41,120,925
81$68,517,230$6,845,715$2,487,988$44,994,633
82$75,338,097$7,013,264$2,403,445$49,255,342
83$82,849,403$7,183,734$2,310,781$53,942,351
84$91,121,407$7,357,102$2,209,558$59,098,963
85$100,231,529$7,533,339$2,099,316$64,772,898
86$110,265,079$7,712,406$1,979,577$71,016,742
87$121,316,065$7,894,261$1,849,840$77,888,440
88$133,488,075$8,078,851$1,709,581$85,451,847
89$146,895,259$8,266,116$1,558,253$93,777,330
90$161,663,406$8,455,986$1,395,285$102,942,432
91$177,931,126$8,648,382$1,220,080$113,032,602
92$195,851,162$8,843,214$1,032,013$124,142,006
93$215,591,830$9,040,381$830,435$136,374,412
94$237,338,607$9,239,770$614,666$149,844,172
95$261,295,883$9,441,257$383,995$164,677,300
96$287,688,886$9,644,701$137,681$181,012,664
97$316,765,811$9,849,951$0$199,003,297
98$348,800,162$10,056,836$0$218,831,196
99$384,093,329$10,265,172$0$240,685,393
100$422,977,440$10,474,756$0$264,756,071