Can I retire at age 45 with 2,500,000?

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 $2,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$206,448$204,609$202,815$201,063$199,354$193,282
2 years$102,202$100,298$98,454$96,665$94,930$88,865
3 years$67,458$65,546$63,706$61,934$60,228$54,359
4 years$50,089$48,183$46,362$44,620$42,955$37,329
5 years$39,671$37,776$35,979$34,273$32,654$27,284
6 years$32,727$30,847$29,076$27,408$25,838$20,730
7 years$27,770$25,905$24,162$22,534$21,013$16,167
8 years$24,053$22,206$20,492$18,903$17,432$12,845
9 years$21,164$19,334$17,649$16,101$14,680$10,347
10 years$18,854$17,042$15,387$13,879$12,509$8,422
11 years$16,965$15,172$13,547$12,079$10,758$6,911
12 years$15,393$13,617$12,022$10,595$9,322$5,708
13 years$14,063$12,306$10,741$9,354$8,129$4,739
14 years$12,924$11,186$9,651$8,303$7,126$3,951
15 years$11,938$10,218$8,713$7,405$6,274$3,305
16 years$11,076$9,375$7,900$6,630$5,545$2,772
17 years$10,316$8,634$7,189$5,957$4,917$2,331
18 years$9,642$7,978$6,562$5,369$4,372$1,964
19 years$9,039$7,394$6,008$4,851$3,897$1,657
20 years$8,497$6,871$5,513$4,394$3,481$1,400
21 years$8,007$6,400$5,071$3,988$3,115$1,184
22 years$7,562$5,974$4,674$3,626$2,792$1,002
23 years$7,157$5,588$4,316$3,302$2,506$849
24 years$6,786$5,235$3,991$3,012$2,253$720
25 years$6,445$4,913$3,697$2,750$2,027$611
26 years$6,131$4,617$3,428$2,515$1,826$519
27 years$5,841$4,346$3,184$2,302$1,646$440
28 years$5,572$4,095$2,960$2,109$1,485$374
29 years$5,322$3,863$2,754$1,934$1,341$318
30 years$5,089$3,648$2,565$1,775$1,212$270
31 years$4,871$3,449$2,392$1,630$1,096$230
32 years$4,668$3,263$2,231$1,498$991$195
33 years$4,477$3,090$2,084$1,378$897$166
34 years$4,298$2,929$1,947$1,268$812$141
35 years$4,129$2,778$1,820$1,167$736$120
36 years$3,971$2,637$1,703$1,075$666$102
37 years$3,821$2,504$1,594$990$604$87
38 years$3,679$2,380$1,492$913$548$74
39 years$3,545$2,263$1,398$841$497$63
40 years$3,418$2,153$1,310$776$450$54
41 years$3,297$2,050$1,229$716$409$46
42 years$3,183$1,952$1,153$661$371$39
43 years$3,074$1,860$1,082$610$337$33
44 years$2,970$1,773$1,015$563$305$28
45 years$2,872$1,691$953$520$277$24
46 years$2,777$1,613$895$481$252$20
47 years$2,688$1,539$841$444$229$17
48 years$2,602$1,469$791$410$208$15
49 years$2,519$1,403$743$379$189$13
50 years$2,441$1,340$699$350$171$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,500,000, adding $6,379 every year, while hoping to spend $59,044 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: 44/50/6 Blend
44$2,500,000$2,500,000$2,500,000$2,500,000
45$2,761,580$2,629,080$2,590,330$2,878,144
46$2,980,439$2,695,082$2,614,284$3,025,323
47$3,219,642$2,762,340$2,637,061$3,178,138
48$3,481,203$2,830,852$2,658,560$3,342,377
49$3,767,338$2,900,616$2,678,674$3,519,107
50$4,080,486$2,971,626$2,697,289$3,709,501
51$4,423,336$3,043,876$2,714,288$3,914,850
52$4,798,845$3,117,355$2,729,546$4,136,578
53$5,210,273$3,192,051$2,742,931$4,376,249
54$5,661,207$3,267,948$2,754,306$4,635,587
55$6,155,601$3,345,028$2,763,526$4,916,490
56$6,697,806$3,423,268$2,770,438$5,221,047
57$7,292,618$3,502,644$2,774,884$5,551,561
58$7,945,318$3,583,126$2,776,695$5,910,565
59$8,661,722$3,664,681$2,775,695$6,300,854
60$9,448,237$3,747,270$2,771,701$6,725,501
61$10,311,922$3,830,851$2,764,518$7,187,895
62$11,260,552$3,915,376$2,753,943$7,691,770
63$12,302,692$4,000,793$2,739,763$8,241,236
64$13,447,777$4,087,043$2,721,756$8,840,826
65$14,706,202$4,174,060$2,699,687$9,495,530
66$16,089,420$4,261,774$2,673,311$10,210,850
67$17,610,046$4,350,106$2,642,372$10,992,845
68$19,281,980$4,438,971$2,606,601$11,848,195
69$21,120,537$4,528,275$2,565,717$12,784,259
70$23,142,587$4,617,917$2,519,425$13,809,145
71$25,366,722$4,707,785$2,467,416$14,931,792
72$27,813,421$4,797,760$2,409,368$16,162,046
73$30,505,251$4,887,711$2,344,943$17,510,762
74$33,467,076$4,977,498$2,273,788$18,989,899
75$36,726,291$5,066,969$2,195,533$20,612,639
76$40,313,082$5,155,960$2,109,792$22,393,508
77$44,260,707$5,244,293$2,016,162$24,348,516
78$48,605,815$5,331,779$1,914,219$26,495,306
79$53,388,785$5,418,213$1,803,522$28,853,324
80$58,654,111$5,503,375$1,683,610$31,444,000
81$64,450,820$5,587,030$1,554,000$34,290,954
82$70,832,934$5,668,925$1,414,190$37,420,216
83$77,859,979$5,748,789$1,263,651$40,860,474
84$85,597,549$5,826,331$1,101,836$44,643,349
85$94,117,920$5,901,243$928,168$48,803,688
86$103,500,736$5,973,192$742,050$53,379,898
87$113,833,758$6,041,824$542,855$58,414,307
88$125,213,689$6,106,762$329,929$63,953,568
89$137,747,094$6,167,602$102,590$70,049,098
90$151,551,396$6,223,913$0$76,757,565
91$166,755,991$6,275,238$0$84,150,387
92$183,503,466$6,321,088$0$92,295,025
93$201,950,941$6,360,943$0$101,260,818
94$222,271,557$6,394,249$0$111,131,428
95$244,656,108$6,420,419$0$121,999,057
96$269,314,837$6,438,826$0$133,965,320
97$296,479,426$6,448,804$0$147,142,208
98$326,405,180$6,449,648$0$161,653,140
99$359,373,433$6,440,606$0$177,634,137
100$395,694,209$6,420,880$0$195,235,105