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%11.2%
1 years$208,925$207,064$205,248$203,476$201,746$200,727
2 years$103,428$101,502$99,635$97,825$96,069$95,041
3 years$68,267$66,333$64,471$62,677$60,950$59,945
4 years$50,690$48,762$46,918$45,156$43,470$42,495
5 years$40,147$38,230$36,410$34,684$33,045$32,103
6 years$33,120$31,217$29,425$27,737$26,148$25,239
7 years$28,103$26,216$24,452$22,804$21,265$20,392
8 years$24,342$22,472$20,737$19,130$17,641$16,803
9 years$21,418$19,566$17,861$16,294$14,857$14,052
10 years$19,080$17,247$15,572$14,046$12,659$11,889
11 years$17,169$15,354$13,709$12,224$10,887$10,151
12 years$15,577$13,781$12,167$10,722$9,434$8,731
13 years$14,232$12,454$10,870$9,466$8,227$7,556
14 years$13,079$11,320$9,767$8,403$7,212$6,573
15 years$12,081$10,341$8,818$7,494$6,350$5,742
16 years$11,209$9,488$7,995$6,710$5,612$5,034
17 years$10,440$8,738$7,275$6,029$4,976$4,427
18 years$9,757$8,074$6,641$5,433$4,424$3,904
19 years$9,147$7,483$6,080$4,909$3,943$3,450
20 years$8,599$6,954$5,580$4,446$3,522$3,055
21 years$8,103$6,477$5,132$4,035$3,152$2,711
22 years$7,653$6,046$4,730$3,669$2,825$2,408
23 years$7,243$5,655$4,367$3,342$2,536$2,143
24 years$6,868$5,298$4,039$3,048$2,280$1,909
25 years$6,523$4,972$3,741$2,783$2,051$1,702
26 years$6,205$4,673$3,470$2,545$1,848$1,519
27 years$5,911$4,398$3,222$2,329$1,666$1,357
28 years$5,639$4,144$2,995$2,134$1,503$1,213
29 years$5,386$3,909$2,787$1,957$1,357$1,085
30 years$5,150$3,692$2,596$1,796$1,226$971
31 years$4,930$3,490$2,420$1,650$1,109$869
32 years$4,724$3,302$2,258$1,516$1,003$778
33 years$4,531$3,127$2,109$1,394$908$698
34 years$4,350$2,964$1,970$1,283$822$625
35 years$4,179$2,811$1,842$1,181$744$561
36 years$4,018$2,668$1,723$1,088$674$503
37 years$3,867$2,534$1,613$1,002$611$451
38 years$3,723$2,409$1,510$924$554$405
39 years$3,587$2,290$1,415$852$503$364
40 years$3,459$2,179$1,326$785$456$327
41 years$3,337$2,074$1,244$725$414$293
42 years$3,221$1,975$1,167$669$375$263
43 years$3,111$1,882$1,095$617$341$237
44 years$3,006$1,794$1,027$570$309$212
45 years$2,906$1,711$965$526$281$191
46 years$2,811$1,632$906$486$255$172
47 years$2,720$1,558$851$449$231$154
48 years$2,633$1,487$800$415$210$139
49 years$2,550$1,420$752$384$191$124
50 years$2,470$1,356$707$355$173$112

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 $3,565 every year, while hoping to spend $42,533 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: 61/15/24 Blend
44$2,530,000$2,530,000$2,530,000$2,530,000
45$2,791,737$2,657,647$2,618,432$2,944,033
46$3,031,240$2,742,617$2,660,895$3,132,731
47$3,293,746$2,830,325$2,703,355$3,333,636
48$3,581,557$2,920,860$2,745,766$3,551,989
49$3,897,209$3,014,315$2,788,082$3,789,495
50$4,243,492$3,110,784$2,830,251$4,048,034
51$4,623,482$3,210,367$2,872,218$4,329,675
52$5,040,567$3,313,165$2,913,927$4,636,697
53$5,498,477$3,419,282$2,955,316$4,971,611
54$6,001,323$3,528,828$2,996,321$5,337,179
55$6,553,632$3,641,915$3,036,872$5,736,447
56$7,160,393$3,758,659$3,076,897$6,172,767
57$7,827,099$3,879,179$3,116,319$6,649,833
58$8,559,804$4,003,600$3,155,056$7,171,714
59$9,365,176$4,132,049$3,193,023$7,742,890
60$10,250,563$4,264,658$3,230,129$8,368,301
61$11,224,059$4,401,565$3,266,276$9,053,383
62$12,294,582$4,542,910$3,301,365$9,804,130
63$13,471,957$4,688,840$3,335,288$10,627,143
64$14,767,008$4,839,505$3,367,932$11,529,694
65$16,191,664$4,995,062$3,399,179$12,519,797
66$17,759,064$5,155,671$3,428,902$13,606,279
67$19,483,689$5,321,499$3,456,971$14,798,867
68$21,381,492$5,492,718$3,483,245$16,108,278
69$23,470,049$5,669,507$3,507,580$17,546,321
70$25,768,731$5,852,050$3,529,820$19,126,007
71$28,298,878$6,040,536$3,549,805$20,861,670
72$31,084,004$6,235,163$3,567,364$22,769,107
73$34,150,020$6,436,133$3,582,319$24,865,724
74$37,525,476$6,643,658$3,594,480$27,170,700
75$41,241,831$6,857,955$3,603,653$29,705,167
76$45,333,751$7,079,247$3,609,628$32,492,411
77$49,839,432$7,307,769$3,612,189$35,558,094
78$54,800,964$7,543,760$3,611,107$38,930,489
79$60,264,727$7,787,468$3,606,144$42,640,755
80$66,281,826$8,039,151$3,597,047$46,723,223
81$72,908,578$8,299,075$3,583,553$51,215,728
82$80,207,037$8,567,514$3,565,387$56,159,958
83$88,245,586$8,844,753$3,542,258$61,601,856
84$97,099,575$9,131,086$3,513,863$67,592,045
85$106,852,040$9,426,816$3,479,885$74,186,311
86$117,594,477$9,732,259$3,439,990$81,446,129
87$129,427,713$10,047,740$3,393,830$89,439,241
88$142,462,856$10,373,595$3,341,039$98,240,299
89$156,822,339$10,710,174$3,281,236$107,931,564
90$172,641,080$11,057,834$3,214,020$118,603,690
91$190,067,753$11,416,951$3,138,972$130,356,574
92$209,266,191$11,787,908$3,055,655$143,300,298
93$230,416,933$12,171,106$2,963,609$157,556,176
94$253,718,926$12,566,956$2,862,356$173,257,889
95$279,391,406$12,975,887$2,751,395$190,552,756
96$307,675,963$13,398,339$2,630,200$209,603,118
97$338,838,824$13,834,770$2,498,224$230,587,875
98$373,173,363$14,285,653$2,354,894$253,704,173
99$411,002,875$14,751,479$2,199,612$279,169,264
100$452,683,620$15,232,754$2,031,751$307,222,559