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%13.2%
1 years$208,099$206,246$204,437$202,672$200,948$198,273
2 years$103,019$101,101$99,241$97,438$95,690$92,999
3 years$67,997$66,070$64,216$62,430$60,709$58,086
4 years$50,490$48,569$46,733$44,977$43,299$40,763
5 years$39,988$38,079$36,266$34,547$32,915$30,475
6 years$32,989$31,094$29,309$27,627$26,044$23,703
7 years$27,992$26,113$24,356$22,714$21,181$18,939
8 years$24,246$22,383$20,655$19,054$17,572$15,429
9 years$21,333$19,489$17,791$16,230$14,798$12,753
10 years$19,005$17,178$15,510$13,990$12,609$10,660
11 years$17,101$15,293$13,655$12,176$10,844$8,990
12 years$15,516$13,726$12,118$10,680$9,397$7,636
13 years$14,175$12,404$10,827$9,429$8,194$6,524
14 years$13,027$11,275$9,728$8,370$7,183$5,600
15 years$12,033$10,300$8,783$7,464$6,325$4,827
16 years$11,165$9,450$7,963$6,683$5,590$4,174
17 years$10,399$8,703$7,246$6,005$4,956$3,620
18 years$9,719$8,042$6,615$5,412$4,407$3,147
19 years$9,111$7,453$6,056$4,890$3,928$2,742
20 years$8,565$6,926$5,558$4,429$3,508$2,393
21 years$8,071$6,451$5,112$4,019$3,140$2,091
22 years$7,623$6,022$4,711$3,655$2,814$1,831
23 years$7,214$5,632$4,350$3,328$2,526$1,604
24 years$6,840$5,277$4,023$3,036$2,271$1,407
25 years$6,497$4,952$3,726$2,772$2,043$1,235
26 years$6,180$4,654$3,456$2,535$1,840$1,085
27 years$5,888$4,380$3,209$2,320$1,659$954
28 years$5,617$4,128$2,983$2,126$1,497$839
29 years$5,364$3,894$2,776$1,949$1,352$739
30 years$5,130$3,677$2,586$1,789$1,222$650
31 years$4,910$3,476$2,411$1,643$1,104$573
32 years$4,705$3,289$2,249$1,510$999$505
33 years$4,513$3,115$2,100$1,389$904$445
34 years$4,332$2,952$1,962$1,278$819$392
35 years$4,162$2,800$1,835$1,176$741$346
36 years$4,002$2,658$1,716$1,083$672$305
37 years$3,851$2,524$1,606$998$609$269
38 years$3,708$2,399$1,504$920$552$237
39 years$3,573$2,281$1,409$848$501$210
40 years$3,445$2,170$1,321$782$454$185
41 years$3,324$2,066$1,239$722$412$163
42 years$3,208$1,968$1,162$666$374$144
43 years$3,099$1,875$1,090$615$339$127
44 years$2,994$1,787$1,023$568$308$112
45 years$2,895$1,704$961$524$280$99
46 years$2,800$1,626$903$484$254$88
47 years$2,709$1,551$848$447$230$77
48 years$2,622$1,481$797$414$209$68
49 years$2,540$1,414$749$382$190$60
50 years$2,460$1,351$704$353$173$53

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 $2,488 every year, while hoping to spend $54,927 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: 84/8/8 Blend
44$2,520,000$2,520,000$2,520,000$2,520,000
45$2,779,606$2,646,046$2,606,986$3,010,391
46$3,004,684$2,717,261$2,635,879$3,232,736
47$3,250,879$2,790,124$2,663,898$3,469,235
48$3,520,287$2,864,658$2,690,956$3,727,288
49$3,815,216$2,940,886$2,716,963$4,009,026
50$4,138,207$3,018,828$2,741,820$4,316,795
51$4,492,059$3,098,506$2,765,426$4,653,179
52$4,879,855$3,179,938$2,787,674$5,021,025
53$5,304,988$3,263,143$2,808,449$5,423,467
54$5,771,197$3,348,138$2,827,632$5,863,958
55$6,282,601$3,434,938$2,845,099$6,346,300
56$6,843,734$3,523,557$2,860,718$6,874,682
57$7,459,592$3,614,009$2,874,349$7,453,719
58$8,135,678$3,706,303$2,885,848$8,088,494
59$8,878,054$3,800,449$2,895,061$8,784,606
60$9,693,398$3,896,453$2,901,827$9,548,223
61$10,589,064$3,994,319$2,905,978$10,386,142
62$11,573,158$4,094,050$2,907,337$11,305,850
63$12,654,605$4,195,643$2,905,718$12,315,595
64$13,843,240$4,299,095$2,900,925$13,424,464
65$15,149,900$4,404,400$2,892,755$14,642,471
66$16,586,520$4,511,546$2,880,993$15,980,647
67$18,166,252$4,620,518$2,865,413$17,451,146
68$19,903,585$4,731,300$2,845,780$19,067,360
69$21,814,485$4,843,868$2,821,848$20,844,046
70$23,916,540$4,958,194$2,793,357$22,797,461
71$26,229,129$5,074,248$2,760,036$24,945,521
72$28,773,604$5,191,990$2,721,602$27,307,963
73$31,573,493$5,311,379$2,677,757$29,906,539
74$34,654,718$5,432,365$2,628,191$32,765,214
75$38,045,840$5,554,892$2,572,576$35,910,398
76$41,778,332$5,678,898$2,510,573$39,371,188
77$45,886,870$5,804,312$2,441,826$43,179,651
78$50,409,664$5,931,057$2,365,960$47,371,120
79$55,388,817$6,059,046$2,282,587$51,984,527
80$60,870,720$6,188,183$2,191,298$57,062,778
81$66,906,493$6,318,363$2,091,666$62,653,147
82$73,552,465$6,449,472$1,983,245$68,807,731
83$80,870,702$6,581,383$1,865,570$75,583,937
84$88,929,601$6,713,957$1,738,154$83,045,024
85$97,804,525$6,847,045$1,600,486$91,260,702
86$107,578,520$6,980,485$1,452,037$100,307,788
87$118,343,098$7,114,097$1,292,248$110,270,931
88$130,199,097$7,247,691$1,120,542$121,243,412
89$143,257,635$7,381,058$936,311$133,328,025
90$157,641,159$7,513,975$738,922$146,638,045
91$173,484,597$7,646,199$527,715$161,298,297
92$190,936,632$7,777,470$302,000$177,446,337
93$210,161,108$7,907,505$61,057$195,233,748
94$231,338,572$8,036,004$0$214,827,574
95$254,667,980$8,162,642$0$236,428,629
96$280,368,573$8,287,071$0$260,229,677
97$308,681,948$8,408,917$0$286,449,110
98$339,874,333$8,527,780$0$315,333,338
99$374,239,107$8,643,233$0$347,153,900
100$412,099,561$8,754,818$0$382,210,021