Can I retire at age 45 with 2,540,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$209,751$207,882$206,060$204,280$202,543$195,357
2 years$103,837$101,903$100,029$98,212$96,449$89,286
3 years$68,537$66,595$64,725$62,925$61,191$54,276
4 years$50,891$48,954$47,103$45,334$43,642$37,027
5 years$40,305$38,381$36,554$34,821$33,176$26,879
6 years$33,251$31,341$29,541$27,847$26,251$20,277
7 years$28,214$26,320$24,549$22,894$21,349$15,697
8 years$24,438$22,561$20,819$19,205$17,711$12,376
9 years$21,503$19,643$17,932$16,359$14,915$9,890
10 years$19,156$17,315$15,633$14,101$12,709$7,985
11 years$17,237$15,414$13,763$12,272$10,930$6,498
12 years$15,639$13,835$12,215$10,765$9,472$5,320
13 years$14,288$12,503$10,913$9,503$8,259$4,378
14 years$13,131$11,365$9,805$8,436$7,240$3,617
15 years$12,129$10,382$8,853$7,524$6,375$2,998
16 years$11,253$9,525$8,026$6,737$5,634$2,491
17 years$10,481$8,772$7,304$6,053$4,996$2,075
18 years$9,796$8,106$6,667$5,455$4,442$1,731
19 years$9,183$7,513$6,104$4,929$3,959$1,446
20 years$8,633$6,981$5,602$4,464$3,536$1,210
21 years$8,135$6,503$5,152$4,051$3,165$1,013
22 years$7,683$6,070$4,749$3,684$2,837$849
23 years$7,272$5,677$4,385$3,355$2,546$712
24 years$6,895$5,319$4,055$3,060$2,289$598
25 years$6,549$4,992$3,756$2,794$2,059$502
26 years$6,229$4,691$3,483$2,555$1,855$421
27 years$5,934$4,415$3,235$2,339$1,673$354
28 years$5,661$4,160$3,007$2,143$1,509$298
29 years$5,407$3,925$2,798$1,965$1,363$250
30 years$5,170$3,707$2,606$1,803$1,231$210
31 years$4,949$3,504$2,430$1,656$1,113$177
32 years$4,743$3,315$2,267$1,522$1,007$149
33 years$4,549$3,140$2,117$1,400$911$125
34 years$4,367$2,976$1,978$1,288$825$105
35 years$4,195$2,822$1,849$1,185$747$89
36 years$4,034$2,679$1,730$1,092$677$75
37 years$3,882$2,544$1,619$1,006$614$63
38 years$3,738$2,418$1,516$927$556$53
39 years$3,602$2,299$1,421$855$505$44
40 years$3,473$2,188$1,331$789$458$37
41 years$3,350$2,082$1,248$728$415$31
42 years$3,234$1,983$1,171$671$377$26
43 years$3,123$1,890$1,099$620$342$22
44 years$3,018$1,801$1,032$572$310$19
45 years$2,918$1,718$969$529$282$16
46 years$2,822$1,639$910$488$256$13
47 years$2,731$1,564$855$451$232$11
48 years$2,643$1,493$803$417$211$9
49 years$2,560$1,425$755$385$192$8
50 years$2,480$1,362$710$356$174$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,540,000, adding $6,724 every year, while hoping to spend $48,378 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: 52/31/17 Blend
44$2,540,000$2,540,000$2,540,000$2,540,000
45$2,806,016$2,671,396$2,632,026$2,938,592
46$3,040,756$2,750,820$2,668,725$3,109,701
47$3,297,817$2,832,515$2,705,032$3,290,073
48$3,579,427$2,916,541$2,740,883$3,485,193
49$3,888,036$3,002,958$2,776,209$3,696,474
50$4,226,343$3,091,831$2,810,940$3,925,472
51$4,597,322$3,183,223$2,844,998$4,173,897
52$5,004,247$3,277,199$2,878,304$4,443,633
53$5,450,726$3,373,827$2,910,773$4,736,755
54$5,940,731$3,473,176$2,942,315$5,055,545
55$6,478,638$3,575,314$2,972,835$5,402,518
56$7,069,269$3,680,314$3,002,235$5,780,442
57$7,717,933$3,788,248$3,030,408$6,192,364
58$8,430,480$3,899,190$3,057,245$6,641,643
59$9,213,354$4,013,216$3,082,628$7,131,975
60$10,073,655$4,130,402$3,106,434$7,667,432
61$11,019,203$4,250,827$3,128,536$8,252,498
62$12,058,616$4,374,572$3,148,795$8,892,114
63$13,201,385$4,501,716$3,167,071$9,591,720
64$14,457,970$4,632,344$3,183,211$10,357,311
65$15,839,893$4,766,539$3,197,058$11,195,490
66$17,359,849$4,904,386$3,208,447$12,113,529
67$19,031,826$5,045,973$3,217,202$13,119,442
68$20,871,234$5,191,388$3,223,140$14,222,057
69$22,895,054$5,340,720$3,226,070$15,431,100
70$25,121,995$5,494,060$3,225,788$16,757,286
71$27,572,670$5,651,501$3,222,084$18,212,421
72$30,269,794$5,813,136$3,214,735$19,809,512
73$33,238,393$5,979,060$3,203,509$21,562,891
74$36,506,043$6,149,367$3,188,160$23,488,347
75$40,103,129$6,324,156$3,168,433$25,603,281
76$44,063,132$6,503,524$3,144,060$27,926,862
77$48,422,944$6,687,570$3,114,759$30,480,215
78$53,223,217$6,876,393$3,080,235$33,286,614
79$58,508,743$7,070,094$3,040,181$36,371,707
80$64,328,880$7,268,774$2,994,273$39,763,755
81$70,738,017$7,472,535$2,942,172$43,493,899
82$77,796,086$7,681,480$2,883,525$47,596,452
83$85,569,125$7,895,711$2,817,962$52,109,227
84$94,129,906$8,115,331$2,745,094$57,073,890
85$103,558,617$8,340,444$2,664,516$62,536,356
86$113,943,623$8,571,152$2,575,804$68,547,219
87$125,382,292$8,807,558$2,478,513$75,162,232
88$137,981,924$9,049,766$2,372,181$82,442,834
89$151,860,752$9,297,877$2,256,321$90,456,726
90$167,149,069$9,551,993$2,130,428$99,278,515
91$183,990,447$9,812,214$1,993,970$108,990,414
92$202,543,099$10,078,639$1,846,395$119,683,020
93$222,981,369$10,351,366$1,687,123$131,456,170
94$245,497,377$10,630,491$1,515,550$144,419,882
95$270,302,833$10,916,108$1,331,044$158,695,395
96$297,631,034$11,208,310$1,132,946$174,416,312
97$327,739,067$11,507,184$920,567$191,729,861
98$360,910,234$11,812,818$693,188$210,798,289
99$397,456,726$12,125,295$450,058$231,800,390
100$437,722,570$12,444,692$190,393$254,933,192