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

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$165,158$163,687$162,252$160,851$159,483$154,812
2 years$81,761$80,239$78,763$77,332$75,944$71,276
3 years$53,966$52,437$50,965$49,547$48,182$43,663
4 years$40,071$38,547$37,089$35,696$34,364$30,029
5 years$31,737$30,221$28,783$27,418$26,123$21,984
6 years$26,182$24,678$23,261$21,926$20,670$16,730
7 years$22,216$20,724$19,330$18,027$16,810$13,070
8 years$19,243$17,765$16,393$15,122$13,946$10,402
9 years$16,931$15,467$14,120$12,881$11,744$8,394
10 years$15,083$13,634$12,310$11,103$10,007$6,846
11 years$13,572$12,137$10,837$9,663$8,606$5,629
12 years$12,314$10,894$9,618$8,476$7,458$4,658
13 years$11,250$9,845$8,593$7,483$6,503$3,875
14 years$10,339$8,949$7,721$6,643$5,701$3,237
15 years$9,550$8,175$6,971$5,924$5,020$2,714
16 years$8,861$7,500$6,320$5,304$4,436$2,281
17 years$8,253$6,907$5,751$4,766$3,934$1,922
18 years$7,713$6,383$5,250$4,295$3,497$1,623
19 years$7,231$5,915$4,806$3,881$3,117$1,373
20 years$6,797$5,497$4,411$3,515$2,785$1,162
21 years$6,406$5,120$4,057$3,190$2,492$985
22 years$6,050$4,779$3,739$2,900$2,234$836
23 years$5,726$4,470$3,452$2,642$2,005$710
24 years$5,429$4,188$3,193$2,409$1,802$604
25 years$5,156$3,930$2,957$2,200$1,622$513
26 years$4,905$3,694$2,743$2,012$1,461$437
27 years$4,673$3,476$2,547$1,841$1,317$372
28 years$4,458$3,276$2,368$1,687$1,188$317
29 years$4,258$3,090$2,203$1,547$1,073$270
30 years$4,071$2,919$2,052$1,420$970$230
31 years$3,897$2,759$1,913$1,304$877$196
32 years$3,734$2,611$1,785$1,198$793$167
33 years$3,582$2,472$1,667$1,102$718$142
34 years$3,438$2,343$1,557$1,014$650$121
35 years$3,304$2,222$1,456$933$588$103
36 years$3,176$2,109$1,362$860$533$88
37 years$3,057$2,003$1,275$792$483$75
38 years$2,943$1,904$1,194$730$438$64
39 years$2,836$1,811$1,119$673$397$55
40 years$2,734$1,723$1,048$621$360$47
41 years$2,638$1,640$983$573$327$40
42 years$2,546$1,562$922$529$297$34
43 years$2,459$1,488$865$488$269$29
44 years$2,376$1,418$812$451$244$25
45 years$2,297$1,352$763$416$222$21
46 years$2,222$1,290$716$384$201$18
47 years$2,150$1,231$673$355$183$15
48 years$2,081$1,175$632$328$166$13
49 years$2,016$1,122$594$303$151$11
50 years$1,953$1,072$559$280$137$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,000,000, adding $4,321 every year, while hoping to spend $49,032 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: 68/27/5 Blend
44$2,000,000$2,000,000$2,000,000$2,000,000
45$2,208,457$2,102,457$2,071,457$2,357,075
46$2,381,550$2,153,308$2,088,681$2,506,848
47$2,570,655$2,205,007$2,104,839$2,664,172
48$2,777,354$2,257,544$2,119,843$2,834,862
49$3,003,387$2,310,907$2,133,601$3,020,215
50$3,250,673$2,365,081$2,146,017$3,221,658
51$3,521,321$2,420,050$2,156,988$3,440,763
52$3,817,656$2,475,793$2,166,407$3,679,261
53$4,142,238$2,532,287$2,174,163$3,939,059
54$4,497,885$2,589,509$2,180,136$4,222,254
55$4,887,702$2,647,428$2,184,204$4,531,160
56$5,315,108$2,706,012$2,186,235$4,868,322
57$5,783,869$2,765,226$2,186,094$5,236,545
58$6,298,132$2,825,031$2,183,636$5,638,919
59$6,862,465$2,885,381$2,178,712$6,078,848
60$7,481,901$2,946,229$2,171,163$6,560,079
61$8,161,983$3,007,522$2,160,825$7,086,745
62$8,908,816$3,069,202$2,147,523$7,663,394
63$9,729,127$3,131,204$2,131,077$8,295,041
64$10,630,325$3,193,460$2,111,295$8,987,208
65$11,620,574$3,255,896$2,087,979$9,745,982
66$12,708,866$3,318,427$2,060,920$10,578,066
67$13,905,107$3,380,968$2,029,898$11,490,849
68$15,220,214$3,443,421$1,994,685$12,492,472
69$16,666,209$3,505,682$1,955,041$13,591,903
70$18,256,343$3,567,641$1,910,715$14,799,027
71$20,005,211$3,629,177$1,861,445$16,124,733
72$21,928,896$3,690,159$1,806,957$17,581,022
73$24,045,115$3,750,449$1,746,962$19,181,118
74$26,373,393$3,809,897$1,681,161$20,939,593
75$28,935,238$3,868,341$1,609,239$22,872,504
76$31,754,352$3,925,610$1,530,868$24,997,546
77$34,856,849$3,981,517$1,445,705$27,334,218
78$38,271,502$4,035,867$1,353,391$29,904,008
79$42,030,017$4,088,445$1,253,551$32,730,595
80$46,167,327$4,139,027$1,145,793$35,840,072
81$50,721,925$4,187,371$1,029,708$39,261,197
82$55,736,227$4,233,217$904,869$43,025,658
83$61,256,968$4,276,291$770,828$47,168,377
84$67,335,648$4,316,298$627,120$51,727,838
85$74,029,013$4,352,926$473,257$56,746,451
86$81,399,593$4,385,840$308,732$62,270,954
87$89,516,290$4,414,684$133,013$68,352,850
88$98,455,029$4,439,081$0$75,048,900
89$108,299,474$4,458,628$0$82,424,563
90$119,141,816$4,472,897$0$90,553,625
91$131,083,645$4,481,433$0$99,504,981
92$144,236,905$4,483,751$0$109,362,381
93$158,724,954$4,479,340$0$120,218,119
94$174,683,724$4,467,652$0$132,173,902
95$192,263,006$4,448,110$0$145,341,816
96$211,627,864$4,420,099$0$159,845,377
97$232,960,190$4,382,967$0$175,820,704
98$256,460,421$4,336,023$0$193,417,802
99$282,349,431$4,278,536$0$212,801,977
100$310,870,617$4,209,728$0$234,155,402