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%13.4%
1 years$210,577$208,701$206,871$205,085$203,341$200,467
2 years$104,246$102,304$100,423$98,598$96,829$93,940
3 years$68,807$66,857$64,980$63,173$61,432$58,617
4 years$51,091$49,147$47,289$45,513$43,814$41,094
5 years$40,464$38,532$36,698$34,958$33,307$30,690
6 years$33,382$31,464$29,658$27,956$26,354$23,845
7 years$28,325$26,424$24,646$22,984$21,433$19,031
8 years$24,534$22,650$20,901$19,281$17,781$15,486
9 years$21,587$19,721$18,002$16,423$14,974$12,785
10 years$19,231$17,383$15,695$14,157$12,759$10,674
11 years$17,305$15,475$13,818$12,321$10,973$8,990
12 years$15,701$13,889$12,263$10,807$9,509$7,627
13 years$14,344$12,552$10,956$9,541$8,292$6,507
14 years$13,183$11,409$9,844$8,469$7,269$5,578
15 years$12,177$10,423$8,888$7,553$6,400$4,801
16 years$11,297$9,563$8,058$6,763$5,656$4,146
17 years$10,522$8,807$7,332$6,077$5,015$3,591
18 years$9,834$8,138$6,694$5,476$4,459$3,117
19 years$9,219$7,542$6,128$4,948$3,975$2,712
20 years$8,667$7,009$5,624$4,482$3,550$2,363
21 years$8,167$6,528$5,173$4,067$3,177$2,063
22 years$7,714$6,094$4,767$3,698$2,848$1,802
23 years$7,300$5,699$4,402$3,368$2,556$1,577
24 years$6,922$5,340$4,071$3,072$2,298$1,381
25 years$6,574$5,011$3,771$2,805$2,068$1,210
26 years$6,254$4,710$3,497$2,565$1,862$1,062
27 years$5,958$4,433$3,247$2,348$1,679$932
28 years$5,683$4,177$3,019$2,151$1,515$818
29 years$5,428$3,940$2,809$1,973$1,368$719
30 years$5,191$3,721$2,617$1,810$1,236$632
31 years$4,969$3,518$2,439$1,663$1,118$556
32 years$4,761$3,328$2,276$1,528$1,011$489
33 years$4,567$3,152$2,125$1,405$915$430
34 years$4,384$2,988$1,986$1,293$828$379
35 years$4,212$2,834$1,856$1,190$750$333
36 years$4,050$2,690$1,737$1,096$680$294
37 years$3,897$2,554$1,625$1,010$616$259
38 years$3,753$2,428$1,522$931$559$228
39 years$3,616$2,308$1,426$858$507$201
40 years$3,486$2,196$1,337$792$459$177
41 years$3,363$2,091$1,253$730$417$156
42 years$3,247$1,991$1,176$674$378$137
43 years$3,135$1,897$1,103$622$343$121
44 years$3,030$1,808$1,036$575$312$107
45 years$2,929$1,724$972$531$283$94
46 years$2,833$1,645$913$490$257$83
47 years$2,741$1,570$858$453$233$73
48 years$2,654$1,499$806$418$212$64
49 years$2,570$1,431$758$387$192$57
50 years$2,490$1,367$713$357$175$50

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 $6,904 every year, while hoping to spend $20,840 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: 58/24/18 Blend
44$2,550,000$2,550,000$2,550,000$2,550,000
45$2,817,221$2,682,071$2,642,546$2,966,939
46$3,082,404$2,791,319$2,708,898$3,178,535
47$3,373,938$2,905,222$2,776,774$3,406,228
48$3,694,487$3,023,985$2,846,204$3,653,981
49$4,046,989$3,147,825$2,917,216$3,923,732
50$4,434,679$3,276,966$2,989,840$4,217,610
51$4,861,124$3,411,644$3,064,107$4,537,960
52$5,330,250$3,552,106$3,140,046$4,887,359
53$5,846,385$3,698,610$3,217,687$5,268,644
54$6,414,299$3,851,424$3,297,062$5,684,937
55$7,039,244$4,010,830$3,378,201$6,139,672
56$7,727,011$4,177,125$3,461,134$6,636,631
57$8,483,977$4,350,615$3,545,893$7,179,972
58$9,317,172$4,531,624$3,632,510$7,774,276
59$10,234,338$4,720,489$3,721,014$8,424,584
60$11,244,011$4,917,563$3,811,438$9,136,444
61$12,355,592$5,123,216$3,903,813$9,915,964
62$13,579,442$5,337,833$3,998,171$10,769,871
63$14,926,978$5,561,819$4,094,542$11,705,569
64$16,410,778$5,795,598$4,192,958$12,731,211
65$18,044,706$6,039,610$4,293,451$13,855,773
66$19,844,036$6,294,320$4,396,051$15,089,142
67$21,825,598$6,560,213$4,500,789$16,442,203
68$24,007,940$6,837,794$4,607,696$17,926,943
69$26,411,498$7,127,595$4,716,803$19,556,565
70$29,058,795$7,430,170$4,828,139$21,345,609
71$31,974,645$7,746,102$4,941,735$23,310,089
72$35,186,395$8,075,998$5,057,620$25,467,640
73$38,724,180$8,420,494$5,175,822$27,837,691
74$42,621,205$8,780,257$5,296,371$30,441,637
75$46,914,062$9,155,983$5,419,293$33,303,047
76$51,643,073$9,548,403$5,544,617$36,447,884
77$56,852,673$9,958,281$5,672,368$39,904,744
78$62,591,825$10,386,416$5,802,571$43,705,130
79$68,914,486$10,833,646$5,935,252$47,883,745
80$75,880,115$11,300,846$6,070,435$52,478,816
81$83,554,233$11,788,933$6,208,140$57,532,457
82$92,009,042$12,298,869$6,348,391$63,091,065
83$101,324,110$12,831,659$6,491,207$69,205,751
84$111,587,113$13,388,355$6,636,607$75,932,824
85$122,894,674$13,970,059$6,784,608$83,334,322
86$135,353,264$14,577,925$6,935,226$91,478,590
87$149,080,215$15,213,162$7,088,475$100,440,930
88$164,204,825$15,877,034$7,244,366$110,304,305
89$180,869,575$16,570,867$7,402,910$121,160,117
90$199,231,479$17,296,047$7,564,115$133,109,076
91$219,463,563$18,054,027$7,727,987$146,262,139
92$241,756,500$18,846,327$7,894,528$160,741,561
93$266,320,408$19,674,542$8,063,739$176,682,042
94$293,386,833$20,540,338$8,235,618$194,231,997
95$323,210,939$21,445,464$8,410,160$213,554,955
96$356,073,911$22,391,748$8,587,357$234,831,098
97$392,285,614$23,381,107$8,767,197$258,258,960
98$432,187,512$24,415,547$8,949,664$284,057,294
99$476,155,901$25,497,172$9,134,740$312,467,139
100$524,605,451$26,628,181$9,322,402$343,754,085