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%15.5%
1 years$208,925$207,064$205,248$203,476$201,746$197,189
2 years$103,428$101,502$99,635$97,825$96,069$91,503
3 years$68,267$66,333$64,471$62,677$60,950$56,517
4 years$50,690$48,762$46,918$45,156$43,470$39,204
5 years$40,147$38,230$36,410$34,684$33,045$28,958
6 years$33,120$31,217$29,425$27,737$26,148$22,244
7 years$28,103$26,216$24,452$22,804$21,265$17,545
8 years$24,342$22,472$20,737$19,130$17,641$14,104
9 years$21,418$19,566$17,861$16,294$14,857$11,499
10 years$19,080$17,247$15,572$14,046$12,659$9,477
11 years$17,169$15,354$13,709$12,224$10,887$7,878
12 years$15,577$13,781$12,167$10,722$9,434$6,593
13 years$14,232$12,454$10,870$9,466$8,227$5,547
14 years$13,079$11,320$9,767$8,403$7,212$4,689
15 years$12,081$10,341$8,818$7,494$6,350$3,978
16 years$11,209$9,488$7,995$6,710$5,612$3,385
17 years$10,440$8,738$7,275$6,029$4,976$2,888
18 years$9,757$8,074$6,641$5,433$4,424$2,469
19 years$9,147$7,483$6,080$4,909$3,943$2,115
20 years$8,599$6,954$5,580$4,446$3,522$1,814
21 years$8,103$6,477$5,132$4,035$3,152$1,558
22 years$7,653$6,046$4,730$3,669$2,825$1,340
23 years$7,243$5,655$4,367$3,342$2,536$1,153
24 years$6,868$5,298$4,039$3,048$2,280$993
25 years$6,523$4,972$3,741$2,783$2,051$856
26 years$6,205$4,673$3,470$2,545$1,848$739
27 years$5,911$4,398$3,222$2,329$1,666$637
28 years$5,639$4,144$2,995$2,134$1,503$550
29 years$5,386$3,909$2,787$1,957$1,357$475
30 years$5,150$3,692$2,596$1,796$1,226$411
31 years$4,930$3,490$2,420$1,650$1,109$355
32 years$4,724$3,302$2,258$1,516$1,003$307
33 years$4,531$3,127$2,109$1,394$908$265
34 years$4,350$2,964$1,970$1,283$822$229
35 years$4,179$2,811$1,842$1,181$744$198
36 years$4,018$2,668$1,723$1,088$674$172
37 years$3,867$2,534$1,613$1,002$611$149
38 years$3,723$2,409$1,510$924$554$129
39 years$3,587$2,290$1,415$852$503$111
40 years$3,459$2,179$1,326$785$456$96
41 years$3,337$2,074$1,244$725$414$83
42 years$3,221$1,975$1,167$669$375$72
43 years$3,111$1,882$1,095$617$341$62
44 years$3,006$1,794$1,027$570$309$54
45 years$2,906$1,711$965$526$281$47
46 years$2,811$1,632$906$486$255$40
47 years$2,720$1,558$851$449$231$35
48 years$2,633$1,487$800$415$210$30
49 years$2,550$1,420$752$384$191$26
50 years$2,470$1,356$707$355$173$23

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 $5,446 every year, while hoping to spend $58,359 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: 54/22/24 Blend
44$2,530,000$2,530,000$2,530,000$2,530,000
45$2,793,678$2,659,588$2,620,373$2,925,783
46$3,016,539$2,727,814$2,646,062$3,085,525
47$3,260,177$2,797,427$2,670,655$3,252,819
48$3,526,648$2,868,434$2,694,055$3,433,730
49$3,818,218$2,940,839$2,716,158$3,629,584
50$4,137,381$3,014,646$2,736,854$3,841,837
51$4,486,885$3,089,854$2,756,030$4,072,096
52$4,869,754$3,166,464$2,773,564$4,322,132
53$5,289,320$3,244,471$2,789,329$4,593,894
54$5,749,251$3,323,871$2,803,192$4,889,532
55$6,253,588$3,404,655$2,815,013$5,211,414
56$6,806,783$3,486,811$2,824,644$5,562,149
57$7,413,736$3,570,326$2,831,931$5,944,612
58$8,079,847$3,655,182$2,836,710$6,361,973
59$8,811,063$3,741,358$2,838,812$6,817,724
60$9,613,936$3,828,829$2,838,057$7,315,714
61$10,495,683$3,917,567$2,834,258$7,860,183
62$11,464,254$4,007,539$2,827,216$8,455,807
63$12,528,406$4,098,706$2,816,726$9,107,738
64$13,697,787$4,191,027$2,802,571$9,821,653
65$14,983,028$4,284,454$2,784,523$10,603,811
66$16,395,837$4,378,932$2,762,344$11,461,109
67$17,949,115$4,474,403$2,735,786$12,401,148
68$19,657,077$4,570,800$2,704,587$13,432,307
69$21,535,380$4,668,052$2,668,472$14,563,819
70$23,601,279$4,766,076$2,627,156$15,805,864
71$25,873,783$4,864,787$2,580,339$17,169,657
72$28,373,834$4,964,087$2,527,706$18,667,563
73$31,124,511$5,063,873$2,468,929$20,313,209
74$34,151,237$5,164,029$2,403,665$22,121,613
75$37,482,028$5,264,431$2,331,552$24,109,329
76$41,147,752$5,364,945$2,252,216$26,294,601
77$45,182,420$5,465,425$2,165,263$28,697,539
78$49,623,509$5,565,713$2,070,282$31,340,305
79$54,512,312$5,665,638$1,966,841$34,247,327
80$59,894,330$5,765,016$1,854,492$37,445,528
81$65,819,699$5,863,650$1,732,765$40,964,581
82$72,343,665$5,961,325$1,601,169$44,837,191
83$79,527,101$6,057,812$1,459,191$49,099,403
84$87,437,085$6,152,865$1,306,294$53,790,944
85$96,147,533$6,246,220$1,141,919$58,955,599
86$105,739,889$6,337,593$965,482$64,641,627
87$116,303,903$6,426,680$776,371$70,902,212
88$127,938,471$6,513,157$573,949$77,795,975
89$140,752,569$6,596,676$357,550$85,387,519
90$154,866,282$6,676,865$126,479$93,748,047
91$170,411,939$6,753,327$0$102,956,035
92$187,535,355$6,825,638$0$113,128,727
93$206,397,214$6,893,347$0$124,367,249
94$227,174,580$6,955,971$0$136,744,433
95$250,062,570$7,012,997$0$150,376,270
96$275,276,195$7,063,876$0$165,390,578
97$303,052,387$7,108,027$0$181,928,218
98$333,652,239$7,144,828$0$200,144,415
99$367,363,464$7,173,621$0$220,210,227
100$404,503,112$7,193,704$0$242,314,161