Can I retire at age 45 with 2,530,000?

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 $2,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$208,925$207,064$205,248$203,476$201,746$198,649
2 years$103,428$101,502$99,635$97,825$96,069$92,957
3 years$68,267$66,333$64,471$62,677$60,950$57,919
4 years$50,690$48,762$46,918$45,156$43,470$40,544
5 years$40,147$38,230$36,410$34,684$33,045$30,232
6 years$33,120$31,217$29,425$27,737$26,148$23,450
7 years$28,103$26,216$24,452$22,804$21,265$18,685
8 years$24,342$22,472$20,737$19,130$17,641$15,178
9 years$21,418$19,566$17,861$16,294$14,857$12,508
10 years$19,080$17,247$15,572$14,046$12,659$10,424
11 years$17,169$15,354$13,709$12,224$10,887$8,763
12 years$15,577$13,781$12,167$10,722$9,434$7,420
13 years$14,232$12,454$10,870$9,466$8,227$6,318
14 years$13,079$11,320$9,767$8,403$7,212$5,406
15 years$12,081$10,341$8,818$7,494$6,350$4,643
16 years$11,209$9,488$7,995$6,710$5,612$4,001
17 years$10,440$8,738$7,275$6,029$4,976$3,458
18 years$9,757$8,074$6,641$5,433$4,424$2,995
19 years$9,147$7,483$6,080$4,909$3,943$2,600
20 years$8,599$6,954$5,580$4,446$3,522$2,261
21 years$8,103$6,477$5,132$4,035$3,152$1,969
22 years$7,653$6,046$4,730$3,669$2,825$1,716
23 years$7,243$5,655$4,367$3,342$2,536$1,498
24 years$6,868$5,298$4,039$3,048$2,280$1,309
25 years$6,523$4,972$3,741$2,783$2,051$1,145
26 years$6,205$4,673$3,470$2,545$1,848$1,002
27 years$5,911$4,398$3,222$2,329$1,666$877
28 years$5,639$4,144$2,995$2,134$1,503$768
29 years$5,386$3,909$2,787$1,957$1,357$674
30 years$5,150$3,692$2,596$1,796$1,226$591
31 years$4,930$3,490$2,420$1,650$1,109$518
32 years$4,724$3,302$2,258$1,516$1,003$455
33 years$4,531$3,127$2,109$1,394$908$399
34 years$4,350$2,964$1,970$1,283$822$350
35 years$4,179$2,811$1,842$1,181$744$308
36 years$4,018$2,668$1,723$1,088$674$270
37 years$3,867$2,534$1,613$1,002$611$237
38 years$3,723$2,409$1,510$924$554$209
39 years$3,587$2,290$1,415$852$503$183
40 years$3,459$2,179$1,326$785$456$161
41 years$3,337$2,074$1,244$725$414$142
42 years$3,221$1,975$1,167$669$375$124
43 years$3,111$1,882$1,095$617$341$109
44 years$3,006$1,794$1,027$570$309$96
45 years$2,906$1,711$965$526$281$85
46 years$2,811$1,632$906$486$255$74
47 years$2,720$1,558$851$449$231$65
48 years$2,633$1,487$800$415$210$57
49 years$2,550$1,420$752$384$191$51
50 years$2,470$1,356$707$355$173$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,530,000, adding $3,549 every year, while hoping to spend $29,207 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: 46/35/19 Blend
44$2,530,000$2,530,000$2,530,000$2,530,000
45$2,791,721$2,657,631$2,618,416$2,904,836
46$3,045,400$2,756,779$2,675,057$3,083,402
47$3,323,976$2,859,806$2,732,616$3,273,816
48$3,629,957$2,966,872$2,791,094$3,479,787
49$3,966,107$3,078,142$2,850,490$3,702,777
50$4,335,469$3,193,791$2,910,801$3,944,393
51$4,741,398$3,313,998$2,972,024$4,206,401
52$5,187,589$3,438,952$3,034,155$4,490,742
53$5,678,112$3,568,850$3,097,188$4,799,551
54$6,217,452$3,703,896$3,161,117$5,135,174
55$6,810,551$3,844,305$3,225,932$5,500,195
56$7,462,851$3,990,300$3,291,625$5,897,452
57$8,180,351$4,142,115$3,358,184$6,330,070
58$8,969,660$4,299,991$3,425,596$6,801,484
59$9,838,057$4,464,182$3,493,845$7,315,477
60$10,793,566$4,634,955$3,562,916$7,876,209
61$11,845,026$4,812,583$3,632,790$8,488,259
62$13,002,176$4,997,357$3,703,446$9,156,665
63$14,275,747$5,189,577$3,774,861$9,886,974
64$15,677,565$5,389,558$3,847,010$10,685,291
65$17,220,657$5,597,626$3,919,865$11,558,334
66$18,919,379$5,814,126$3,993,396$12,513,501
67$20,789,551$6,039,413$4,067,570$13,558,937
68$22,848,604$6,273,863$4,142,352$14,703,606
69$25,115,742$6,517,863$4,217,702$15,957,382
70$27,612,132$6,771,822$4,293,578$17,331,132
71$30,361,092$7,036,164$4,369,936$18,836,828
72$33,388,321$7,311,334$4,446,727$20,487,648
73$36,722,134$7,597,794$4,523,897$22,298,106
74$40,393,736$7,896,029$4,601,391$24,284,188
75$44,437,507$8,206,545$4,679,148$26,463,496
76$48,891,337$8,529,870$4,757,104$28,855,417
77$53,796,976$8,866,556$4,835,189$31,481,306
78$59,200,429$9,217,179$4,913,330$34,364,680
79$65,152,394$9,582,342$4,991,447$37,531,445
80$71,708,736$9,962,674$5,069,458$41,010,135
81$78,931,014$10,358,832$5,147,272$44,832,180
82$86,887,066$10,771,504$5,224,794$49,032,201
83$95,651,646$11,201,406$5,301,924$53,648,337
84$105,307,129$11,649,290$5,378,554$58,722,599
85$115,944,290$12,115,940$5,454,569$64,301,270
86$127,663,160$12,602,174$5,529,850$70,435,334
87$140,573,971$13,108,849$5,604,268$77,180,960
88$154,798,193$13,636,859$5,677,689$84,600,025
89$170,469,685$14,187,141$5,749,967$92,760,700
90$187,735,954$14,760,673$5,820,952$101,738,090
91$206,759,551$15,358,475$5,890,484$111,614,938
92$227,719,603$15,981,618$5,958,393$122,482,408
93$250,813,503$16,631,218$6,024,499$134,440,936
94$276,258,776$17,308,443$6,088,615$147,601,183
95$304,295,128$18,014,514$6,150,542$162,085,071
96$335,186,715$18,750,709$6,210,068$178,026,932
97$369,224,628$19,518,362$6,266,973$195,574,774
98$406,729,647$20,318,869$6,321,024$214,891,674
99$448,055,268$21,153,690$6,371,976$236,157,313
100$493,591,037$22,024,352$6,419,568$259,569,671