Can I retire at age 45 with 2,010,000?

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 $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$165,984$164,505$163,063$161,655$160,280$154,778
2 years$82,170$80,640$79,157$77,719$76,324$70,837
3 years$54,236$52,699$51,220$49,795$48,423$43,123
4 years$40,272$38,739$37,275$35,875$34,536$29,463
5 years$31,895$30,372$28,927$27,555$26,253$21,422
6 years$26,313$24,801$23,377$22,036$20,773$16,187
7 years$22,327$20,828$19,427$18,117$16,894$12,552
8 years$19,339$17,853$16,475$15,198$14,016$9,914
9 years$17,016$15,545$14,190$12,945$11,803$7,937
10 years$15,159$13,702$12,371$11,159$10,057$6,420
11 years$13,640$12,198$10,891$9,712$8,649$5,235
12 years$12,376$10,948$9,666$8,518$7,495$4,295
13 years$11,307$9,894$8,636$7,520$6,536$3,541
14 years$10,391$8,993$7,759$6,676$5,729$2,932
15 years$9,598$8,216$7,006$5,954$5,045$2,435
16 years$8,905$7,538$6,352$5,331$4,458$2,028
17 years$8,294$6,942$5,780$4,790$3,953$1,693
18 years$7,752$6,415$5,276$4,317$3,515$1,415
19 years$7,267$5,945$4,830$3,900$3,133$1,185
20 years$6,831$5,524$4,433$3,533$2,798$994
21 years$6,438$5,146$4,077$3,206$2,504$834
22 years$6,080$4,803$3,758$2,915$2,245$701
23 years$5,754$4,492$3,470$2,655$2,015$589
24 years$5,456$4,209$3,209$2,421$1,811$496
25 years$5,182$3,950$2,972$2,211$1,630$417
26 years$4,930$3,712$2,756$2,022$1,468$351
27 years$4,696$3,494$2,560$1,851$1,324$296
28 years$4,480$3,292$2,380$1,696$1,194$249
29 years$4,279$3,106$2,214$1,555$1,078$210
30 years$4,091$2,933$2,063$1,427$974$177
31 years$3,917$2,773$1,923$1,311$881$149
32 years$3,753$2,624$1,794$1,204$797$126
33 years$3,600$2,485$1,675$1,108$721$106
34 years$3,456$2,355$1,565$1,019$653$89
35 years$3,320$2,234$1,463$938$591$75
36 years$3,192$2,120$1,369$864$536$64
37 years$3,072$2,013$1,281$796$486$54
38 years$2,958$1,914$1,200$734$440$45
39 years$2,850$1,820$1,124$677$399$38
40 years$2,748$1,731$1,054$624$362$32
41 years$2,651$1,648$988$576$329$27
42 years$2,559$1,569$927$531$298$23
43 years$2,471$1,495$870$490$271$19
44 years$2,388$1,425$816$453$246$16
45 years$2,309$1,359$766$418$223$14
46 years$2,233$1,297$720$386$202$12
47 years$2,161$1,237$676$357$184$10
48 years$2,092$1,181$636$330$167$8
49 years$2,026$1,128$597$305$152$7
50 years$1,962$1,078$562$282$138$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,010,000, adding $3,701 every year, while hoping to spend $26,297 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: 85/9/6 Blend
44$2,010,000$2,010,000$2,010,000$2,010,000
45$2,218,838$2,112,308$2,081,153$2,406,505
46$2,417,179$2,187,831$2,122,891$2,604,971
47$2,634,870$2,266,173$2,165,147$2,818,981
48$2,873,857$2,347,446$2,207,909$3,053,249
49$3,136,282$2,431,762$2,251,166$3,309,793
50$3,424,508$2,519,243$2,294,905$3,590,835
51$3,741,134$2,610,013$2,339,111$3,898,823
52$4,089,028$2,704,201$2,383,769$4,236,452
53$4,471,344$2,801,943$2,428,861$4,606,691
54$4,891,562$2,903,380$2,474,369$5,012,809
55$5,353,513$3,008,657$2,520,272$5,458,410
56$5,861,418$3,117,927$2,566,547$5,947,458
57$6,419,927$3,231,350$2,613,171$6,484,325
58$7,034,164$3,349,091$2,660,117$7,073,823
59$7,709,775$3,471,322$2,707,357$7,721,256
60$8,452,979$3,598,224$2,754,860$8,432,465
61$9,270,629$3,729,983$2,802,594$9,213,884
62$10,170,276$3,866,795$2,850,524$10,072,602
63$11,160,240$4,008,864$2,898,612$11,016,431
64$12,249,686$4,156,400$2,946,817$12,053,972
65$13,448,716$4,309,625$2,995,098$13,194,707
66$14,768,458$4,468,770$3,043,406$14,449,077
67$16,221,175$4,634,074$3,091,695$15,828,590
68$17,820,378$4,805,787$3,139,910$17,345,923
69$19,580,956$4,984,170$3,187,997$19,015,042
70$21,519,315$5,169,496$3,235,896$20,851,337
71$23,653,531$5,362,047$3,283,544$22,871,764
72$26,003,524$5,562,120$3,330,875$25,095,004
73$28,591,241$5,770,022$3,377,818$27,541,641
74$31,440,870$5,986,074$3,424,296$30,234,358
75$34,579,060$6,210,614$3,470,232$33,198,143
76$38,035,179$6,443,989$3,515,540$36,460,534
77$41,841,588$6,686,564$3,560,131$40,051,872
78$46,033,945$6,938,721$3,603,910$44,005,588
79$50,651,544$7,200,856$3,646,778$48,358,522
80$55,737,687$7,473,382$3,688,630$53,151,264
81$61,340,085$7,756,733$3,729,354$58,428,543
82$67,511,319$8,051,358$3,768,832$64,239,644
83$74,309,327$8,357,728$3,806,941$70,638,876
84$81,797,955$8,676,333$3,843,551$77,686,082
85$90,047,559$9,007,686$3,878,522$85,447,205
86$99,135,668$9,352,321$3,911,711$93,994,907
87$109,147,717$9,710,795$3,942,964$103,409,258
88$120,177,852$10,083,692$3,972,121$113,778,491
89$132,329,818$10,471,618$3,999,012$125,199,831
90$145,717,940$10,875,208$4,023,460$137,780,416
91$160,468,200$11,295,124$4,045,276$151,638,303
92$176,719,429$11,732,057$4,064,265$166,903,589
93$194,624,613$12,186,729$4,080,220$183,719,631
94$214,352,338$12,659,895$4,092,923$202,244,404
95$236,088,387$13,152,339$4,102,145$222,651,987
96$260,037,484$13,664,885$4,107,649$245,134,212
97$286,425,233$14,198,391$4,109,181$269,902,467
98$315,500,246$14,753,751$4,106,478$297,189,695
99$347,536,489$15,331,903$4,099,263$327,252,592
100$382,835,869$15,933,824$4,087,246$360,374,028