Can I retire at age 45 with 2,450,000?

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 $2,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$202,319$200,517$198,758$197,042$195,366$194,461
2 years$100,158$98,292$96,485$94,732$93,032$92,118
3 years$66,109$64,235$62,432$60,696$59,023$58,129
4 years$49,087$47,220$45,434$43,728$42,096$41,229
5 years$38,877$37,021$35,259$33,587$32,001$31,163
6 years$32,073$30,230$28,495$26,860$25,321$24,513
7 years$27,214$25,387$23,679$22,083$20,593$19,816
8 years$23,572$21,762$20,082$18,525$17,084$16,338
9 years$20,741$18,947$17,296$15,779$14,387$13,671
10 years$18,477$16,701$15,079$13,602$12,258$11,573
11 years$16,626$14,868$13,276$11,838$10,543$9,887
12 years$15,085$13,345$11,782$10,383$9,136$8,510
13 years$13,782$12,060$10,526$9,167$7,967$7,369
14 years$12,666$10,962$9,458$8,137$6,984$6,414
15 years$11,699$10,014$8,539$7,257$6,149$5,607
16 years$10,854$9,188$7,742$6,498$5,434$4,919
17 years$10,110$8,462$7,045$5,838$4,819$4,329
18 years$9,449$7,819$6,431$5,261$4,284$3,820
19 years$8,858$7,246$5,887$4,754$3,819$3,379
20 years$8,327$6,734$5,403$4,306$3,411$2,994
21 years$7,847$6,272$4,970$3,908$3,052$2,658
22 years$7,411$5,855$4,580$3,553$2,736$2,364
23 years$7,014$5,476$4,229$3,236$2,456$2,104
24 years$6,650$5,131$3,911$2,951$2,208$1,876
25 years$6,316$4,815$3,623$2,695$1,987$1,674
26 years$6,009$4,525$3,360$2,464$1,789$1,495
27 years$5,724$4,259$3,120$2,256$1,613$1,336
28 years$5,461$4,013$2,900$2,067$1,456$1,196
29 years$5,215$3,786$2,699$1,895$1,314$1,070
30 years$4,987$3,575$2,514$1,739$1,188$959
31 years$4,774$3,380$2,344$1,597$1,074$859
32 years$4,575$3,198$2,187$1,468$971$770
33 years$4,388$3,029$2,042$1,350$879$691
34 years$4,212$2,870$1,908$1,242$796$620
35 years$4,047$2,722$1,784$1,143$721$556
36 years$3,891$2,584$1,669$1,053$653$499
37 years$3,744$2,454$1,562$970$592$448
38 years$3,605$2,332$1,462$894$537$403
39 years$3,474$2,218$1,370$825$487$362
40 years$3,350$2,110$1,284$761$441$325
41 years$3,231$2,009$1,204$702$400$292
42 years$3,119$1,913$1,130$648$363$263
43 years$3,013$1,823$1,060$598$330$236
44 years$2,911$1,737$995$552$299$212
45 years$2,814$1,657$934$510$272$191
46 years$2,722$1,580$877$471$247$172
47 years$2,634$1,508$824$435$224$154
48 years$2,550$1,440$775$402$203$139
49 years$2,469$1,375$728$372$185$125
50 years$2,392$1,313$685$343$168$112

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,450,000, adding $4,408 every year, while hoping to spend $30,141 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: 45/43/12 Blend
44$2,450,000$2,450,000$2,450,000$2,450,000
45$2,704,447$2,574,597$2,536,622$2,816,728
46$2,948,231$2,668,682$2,589,529$2,989,220
47$3,215,870$2,766,368$2,643,198$3,172,733
48$3,509,767$2,867,798$2,697,623$3,371,053
49$3,832,566$2,973,123$2,752,797$3,585,557
50$4,187,183$3,082,500$2,808,710$3,817,761
51$4,576,826$3,196,094$2,865,353$4,069,330
52$5,005,033$3,314,074$2,922,713$4,342,092
53$5,475,701$3,436,618$2,980,778$4,638,060
54$5,993,122$3,563,911$3,039,534$4,959,443
55$6,562,025$3,696,147$3,098,962$5,308,672
56$7,187,621$3,833,528$3,159,047$5,688,420
57$7,875,649$3,976,262$3,219,766$6,101,625
58$8,632,436$4,124,569$3,281,099$6,551,520
59$9,464,950$4,278,678$3,343,021$7,041,661
60$10,380,868$4,438,827$3,405,505$7,575,959
61$11,388,650$4,605,263$3,468,524$8,158,719
62$12,497,617$4,778,246$3,532,044$8,794,675
63$13,718,040$4,958,046$3,596,033$9,489,039
64$15,061,235$5,144,944$3,660,455$10,247,545
65$16,539,669$5,339,235$3,725,269$11,076,503
66$18,167,083$5,541,226$3,790,433$11,982,860
67$19,958,615$5,751,235$3,855,902$12,974,263
68$21,930,946$5,969,598$3,921,627$14,059,127
69$24,102,456$6,196,661$3,987,554$15,246,718
70$26,493,398$6,432,789$4,053,629$16,547,238
71$29,126,089$6,678,361$4,119,791$17,971,916
72$32,025,122$6,933,772$4,185,975$19,533,118
73$35,217,593$7,199,436$4,252,115$21,244,461
74$38,733,363$7,475,783$4,318,136$23,120,937
75$42,605,334$7,763,265$4,383,961$25,179,056
76$46,869,762$8,062,349$4,449,508$27,437,000
77$51,566,601$8,373,527$4,514,690$29,914,791
78$56,739,876$8,697,311$4,579,413$32,634,481
79$62,438,099$9,034,235$4,643,579$35,620,358
80$68,714,729$9,384,857$4,707,083$38,899,169
81$75,628,676$9,749,760$4,769,815$42,500,378
82$83,244,855$10,129,552$4,831,658$46,456,436
83$91,634,798$10,524,868$4,892,486$50,803,087
84$100,877,333$10,936,372$4,952,170$55,579,705
85$111,059,324$11,364,757$5,010,571$60,829,662
86$122,276,492$11,810,747$5,067,542$66,600,735
87$134,634,319$12,275,098$5,122,929$72,945,552
88$148,249,041$12,758,599$5,176,568$79,922,094
89$163,248,748$13,262,075$5,228,288$87,594,230
90$179,774,591$13,786,389$5,277,907$96,032,323
91$197,982,117$14,332,439$5,325,235$105,313,893
92$218,042,732$14,901,167$5,370,069$115,524,337
93$240,145,322$15,493,556$5,412,197$126,757,744
94$264,498,036$16,110,632$5,451,398$139,117,769
95$291,330,251$16,753,468$5,487,435$152,718,616
96$320,894,735$17,423,186$5,520,062$167,686,107
97$353,470,033$18,120,957$5,549,019$184,158,871
98$389,363,098$18,848,006$5,574,033$202,289,643
99$428,912,189$19,605,613$5,594,818$222,246,708
100$472,490,059$20,395,115$5,611,072$244,215,482