Can I retire at age 45 with 2,490,000?

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 $2,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$205,622$203,790$202,003$200,259$198,556$190,678
2 years$101,793$99,897$98,060$96,278$94,551$86,711
3 years$67,188$65,284$63,451$61,687$59,987$52,433
4 years$49,889$47,991$46,176$44,442$42,783$35,572
5 years$39,512$37,625$35,835$34,135$32,523$25,674
6 years$32,596$30,724$28,960$27,298$25,734$19,251
7 years$27,659$25,802$24,066$22,444$20,929$14,809
8 years$23,957$22,117$20,410$18,827$17,363$11,600
9 years$21,079$19,257$17,579$16,037$14,622$9,207
10 years$18,779$16,974$15,326$13,824$12,458$7,382
11 years$16,898$15,111$13,492$12,031$10,715$5,964
12 years$15,331$13,563$11,974$10,553$9,285$4,848
13 years$14,007$12,257$10,698$9,316$8,097$3,959
14 years$12,872$11,141$9,612$8,270$7,098$3,246
15 years$11,890$10,178$8,679$7,375$6,249$2,669
16 years$11,032$9,338$7,868$6,604$5,523$2,201
17 years$10,275$8,600$7,160$5,934$4,897$1,818
18 years$9,603$7,946$6,536$5,347$4,354$1,504
19 years$9,002$7,365$5,984$4,832$3,881$1,246
20 years$8,463$6,844$5,491$4,376$3,467$1,034
21 years$7,975$6,375$5,051$3,972$3,102$858
22 years$7,532$5,950$4,655$3,611$2,781$713
23 years$7,129$5,565$4,298$3,289$2,496$593
24 years$6,759$5,214$3,975$2,999$2,244$493
25 years$6,420$4,893$3,682$2,739$2,019$411
26 years$6,107$4,599$3,415$2,505$1,819$342
27 years$5,818$4,328$3,171$2,293$1,640$285
28 years$5,550$4,078$2,948$2,100$1,479$237
29 years$5,301$3,848$2,743$1,926$1,336$198
30 years$5,069$3,634$2,555$1,768$1,207$165
31 years$4,852$3,435$2,382$1,624$1,091$137
32 years$4,649$3,250$2,223$1,492$987$114
33 years$4,459$3,078$2,075$1,372$893$95
34 years$4,281$2,917$1,939$1,262$809$79
35 years$4,113$2,767$1,813$1,162$733$66
36 years$3,955$2,626$1,696$1,070$664$55
37 years$3,805$2,494$1,587$986$602$46
38 years$3,664$2,370$1,486$909$545$38
39 years$3,531$2,254$1,393$838$495$32
40 years$3,404$2,145$1,305$773$449$27
41 years$3,284$2,041$1,224$713$407$22
42 years$3,170$1,944$1,148$658$369$19
43 years$3,062$1,852$1,077$608$335$15
44 years$2,958$1,766$1,011$561$304$13
45 years$2,860$1,684$950$518$276$11
46 years$2,766$1,606$892$479$251$9
47 years$2,677$1,533$838$442$228$7
48 years$2,591$1,463$787$409$207$6
49 years$2,509$1,397$740$378$188$5
50 years$2,431$1,335$696$349$171$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,490,000, adding $3,498 every year, while hoping to spend $42,598 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: 38/35/27 Blend
44$2,490,000$2,490,000$2,490,000$2,490,000
45$2,747,588$2,615,618$2,577,023$2,829,775
46$2,982,518$2,698,460$2,618,030$2,973,191
47$3,239,983$2,783,932$2,658,982$3,123,909
48$3,522,237$2,872,121$2,699,833$3,285,979
49$3,831,762$2,963,111$2,740,534$3,460,459
50$4,171,292$3,056,993$2,781,032$3,648,511
51$4,543,837$3,153,860$2,821,270$3,851,416
52$4,952,714$3,253,805$2,861,189$4,070,580
53$5,401,578$3,356,928$2,900,725$4,307,552
54$5,894,451$3,463,330$2,939,812$4,564,035
55$6,435,768$3,573,116$2,978,379$4,841,906
56$7,030,412$3,686,394$3,016,350$5,143,227
57$7,683,763$3,803,276$3,053,646$5,470,271
58$8,401,747$3,923,877$3,090,184$5,825,539
59$9,190,895$4,048,316$3,125,874$6,211,784
60$10,058,398$4,176,716$3,160,623$6,632,037
61$11,012,183$4,309,204$3,194,333$7,089,637
62$12,060,981$4,445,910$3,226,898$7,588,258
63$13,214,411$4,586,969$3,258,209$8,131,948
64$14,483,072$4,732,522$3,288,150$8,725,164
65$15,878,642$4,882,712$3,316,599$9,372,815
66$17,413,986$5,037,687$3,343,428$10,080,308
67$19,103,280$5,197,601$3,368,500$10,853,599
68$20,962,144$5,362,613$3,391,674$11,699,245
69$23,007,787$5,532,886$3,412,800$12,624,473
70$25,259,172$5,708,588$3,431,720$13,637,240
71$27,737,193$5,889,894$3,448,268$14,746,316
72$30,464,873$6,076,985$3,462,270$15,961,358
73$33,467,578$6,270,045$3,473,544$17,293,007
74$36,773,260$6,469,267$3,481,898$18,752,983
75$40,412,720$6,674,848$3,487,128$20,354,203
76$44,419,895$6,886,993$3,489,025$22,110,894
77$48,832,181$7,105,913$3,487,365$24,038,732
78$53,690,787$7,331,826$3,481,915$26,154,988
79$59,041,119$7,564,958$3,472,431$28,478,690
80$64,933,212$7,805,539$3,458,656$31,030,807
81$71,422,200$8,053,811$3,440,321$33,834,439
82$78,568,838$8,310,021$3,417,145$36,915,040
83$86,440,072$8,574,425$3,388,832$40,300,656
84$95,109,675$8,847,287$3,355,073$44,022,192
85$104,658,937$9,128,879$3,315,544$48,113,699
86$115,177,439$9,419,484$3,269,904$52,612,698
87$126,763,891$9,719,393$3,217,800$57,560,533
88$139,527,070$10,028,905$3,158,858$63,002,762
89$153,586,840$10,348,330$3,092,689$68,989,586
90$169,075,290$10,677,990$3,018,886$75,576,321
91$186,137,972$11,018,215$2,937,022$82,823,923
92$204,935,285$11,369,347$2,846,651$90,799,560
93$225,643,977$11,731,738$2,747,307$99,577,249
94$248,458,822$12,105,753$2,638,501$109,238,549
95$273,594,455$12,491,768$2,519,724$119,873,339
96$301,287,397$12,890,172$2,390,443$131,580,658
97$331,798,288$13,301,366$2,250,099$144,469,644
98$365,414,346$13,725,766$2,098,110$158,660,562
99$402,452,080$14,163,799$1,933,867$174,285,942
100$443,260,275$14,615,909$1,756,735$191,491,825