Can I retire at age 45 with 2,550,000?

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 $2,550,000?

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$210,577$208,701$206,871$205,085$203,341$198,748
2 years$104,246$102,304$100,423$98,598$96,829$92,226
3 years$68,807$66,857$64,980$63,173$61,432$56,964
4 years$51,091$49,147$47,289$45,513$43,814$39,514
5 years$40,464$38,532$36,698$34,958$33,307$29,187
6 years$33,382$31,464$29,658$27,956$26,354$22,420
7 years$28,325$26,424$24,646$22,984$21,433$17,684
8 years$24,534$22,650$20,901$19,281$17,781$14,216
9 years$21,587$19,721$18,002$16,423$14,974$11,590
10 years$19,231$17,383$15,695$14,157$12,759$9,552
11 years$17,305$15,475$13,818$12,321$10,973$7,940
12 years$15,701$13,889$12,263$10,807$9,509$6,645
13 years$14,344$12,552$10,956$9,541$8,292$5,591
14 years$13,183$11,409$9,844$8,469$7,269$4,726
15 years$12,177$10,423$8,888$7,553$6,400$4,009
16 years$11,297$9,563$8,058$6,763$5,656$3,411
17 years$10,522$8,807$7,332$6,077$5,015$2,910
18 years$9,834$8,138$6,694$5,476$4,459$2,488
19 years$9,219$7,542$6,128$4,948$3,975$2,131
20 years$8,667$7,009$5,624$4,482$3,550$1,828
21 years$8,167$6,528$5,173$4,067$3,177$1,570
22 years$7,714$6,094$4,767$3,698$2,848$1,350
23 years$7,300$5,699$4,402$3,368$2,556$1,162
24 years$6,922$5,340$4,071$3,072$2,298$1,001
25 years$6,574$5,011$3,771$2,805$2,068$863
26 years$6,254$4,710$3,497$2,565$1,862$745
27 years$5,958$4,433$3,247$2,348$1,679$643
28 years$5,683$4,177$3,019$2,151$1,515$555
29 years$5,428$3,940$2,809$1,973$1,368$479
30 years$5,191$3,721$2,617$1,810$1,236$414
31 years$4,969$3,518$2,439$1,663$1,118$358
32 years$4,761$3,328$2,276$1,528$1,011$309
33 years$4,567$3,152$2,125$1,405$915$267
34 years$4,384$2,988$1,986$1,293$828$231
35 years$4,212$2,834$1,856$1,190$750$200
36 years$4,050$2,690$1,737$1,096$680$173
37 years$3,897$2,554$1,625$1,010$616$150
38 years$3,753$2,428$1,522$931$559$130
39 years$3,616$2,308$1,426$858$507$112
40 years$3,486$2,196$1,337$792$459$97
41 years$3,363$2,091$1,253$730$417$84
42 years$3,247$1,991$1,176$674$378$73
43 years$3,135$1,897$1,103$622$343$63
44 years$3,030$1,808$1,036$575$312$54
45 years$2,929$1,724$972$531$283$47
46 years$2,833$1,645$913$490$257$41
47 years$2,741$1,570$858$453$233$35
48 years$2,654$1,499$806$418$212$31
49 years$2,570$1,431$758$387$192$26
50 years$2,490$1,367$713$357$175$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,550,000, adding $5,699 every year, while hoping to spend $59,752 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: 65/18/17 Blend
44$2,550,000$2,550,000$2,550,000$2,550,000
45$2,815,979$2,680,829$2,641,304$2,986,868
46$3,039,633$2,748,613$2,666,212$3,169,860
47$3,284,097$2,817,717$2,689,951$3,362,351
48$3,551,431$2,888,141$2,712,421$3,571,254
49$3,843,902$2,959,885$2,733,512$3,798,176
50$4,164,007$3,032,947$2,753,112$4,044,884
51$4,514,496$3,107,322$2,771,101$4,313,326
52$4,898,396$3,183,002$2,787,355$4,605,649
53$5,319,042$3,259,979$2,801,741$4,924,214
54$5,780,106$3,338,239$2,814,120$5,271,627
55$6,285,631$3,417,767$2,824,348$5,650,756
56$6,840,072$3,498,545$2,832,270$6,064,761
57$7,448,336$3,580,550$2,837,728$6,517,124
58$8,115,826$3,663,756$2,840,551$7,011,682
59$8,848,494$3,748,134$2,840,564$7,552,661
60$9,652,897$3,833,649$2,837,579$8,144,720
61$10,536,258$3,920,264$2,831,403$8,792,991
62$11,506,533$4,007,933$2,821,832$9,503,128
63$12,572,486$4,096,609$2,808,650$10,281,364
64$13,743,774$4,186,237$2,791,634$11,134,566
65$15,031,033$4,276,757$2,770,548$12,070,300
66$16,445,983$4,368,102$2,745,146$13,096,904
67$18,001,533$4,460,199$2,715,169$14,223,569
68$19,711,909$4,552,968$2,680,346$15,460,420
69$21,592,781$4,646,321$2,640,395$16,818,617
70$23,661,415$4,740,161$2,595,018$18,310,456
71$25,936,834$4,834,383$2,543,906$19,949,490
72$28,439,997$4,928,874$2,486,733$21,750,654
73$31,193,998$5,023,510$2,423,160$23,730,407
74$34,224,280$5,118,156$2,352,830$25,906,886
75$37,558,878$5,212,668$2,275,371$28,300,081
76$41,228,682$5,306,887$2,190,395$30,932,021
77$45,267,729$5,400,646$2,097,494$33,826,981
78$49,713,521$5,493,761$1,996,244$37,011,718
79$54,607,380$5,586,036$1,886,198$40,515,715
80$59,994,841$5,677,259$1,766,894$44,371,467
81$65,926,074$5,767,204$1,637,844$48,614,784
82$72,456,363$5,855,626$1,498,541$53,285,130
83$79,646,625$5,942,265$1,348,455$58,425,999
84$87,563,985$6,026,840$1,187,033$64,085,322
85$96,282,407$6,109,052$1,013,694$70,315,923
86$105,883,396$6,188,579$827,837$77,176,016
87$116,456,762$6,265,078$628,829$84,729,757
88$128,101,469$6,338,184$416,011$93,047,850
89$140,926,568$6,407,505$188,697$102,208,216
90$155,052,229$6,472,623$0$112,296,725
91$170,610,867$6,533,093$0$123,417,788
92$187,748,402$6,588,441$0$135,703,088
93$206,625,624$6,638,160$0$149,233,439
94$227,419,720$6,681,712$0$164,135,657
95$250,325,940$6,718,524$0$180,549,491
96$275,559,440$6,747,986$0$198,628,942
97$303,357,316$6,769,450$0$218,543,717
98$333,980,835$6,782,226$0$240,480,833
99$367,717,908$6,785,582$0$264,646,378
100$404,885,799$6,778,740$0$291,267,463