Can I retire at age 45 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$207,273$205,427$203,626$201,868$200,151$193,203
2 years$102,611$100,700$98,848$97,052$95,310$88,382
3 years$67,728$65,808$63,961$62,182$60,469$53,778
4 years$50,289$48,376$46,547$44,799$43,127$36,725
5 years$39,829$37,927$36,122$34,410$32,784$26,688
6 years$32,858$30,971$29,192$27,518$25,941$20,155
7 years$27,881$26,009$24,259$22,624$21,097$15,620
8 years$24,149$22,295$20,574$18,979$17,502$12,330
9 years$21,249$19,411$17,720$16,166$14,739$9,865
10 years$18,930$17,110$15,449$13,935$12,559$7,975
11 years$17,033$15,232$13,601$12,127$10,801$6,498
12 years$15,454$13,672$12,070$10,637$9,360$5,328
13 years$14,119$12,355$10,784$9,391$8,162$4,390
14 years$12,976$11,230$9,690$8,337$7,155$3,632
15 years$11,986$10,259$8,748$7,435$6,300$3,015
16 years$11,120$9,413$7,932$6,657$5,568$2,509
17 years$10,357$8,669$7,217$5,981$4,937$2,093
18 years$9,680$8,010$6,589$5,390$4,389$1,748
19 years$9,075$7,424$6,032$4,871$3,912$1,463
20 years$8,531$6,899$5,535$4,411$3,495$1,226
21 years$8,039$6,426$5,092$4,003$3,127$1,028
22 years$7,593$5,998$4,693$3,640$2,803$863
23 years$7,186$5,610$4,333$3,315$2,516$725
24 years$6,813$5,256$4,007$3,024$2,262$609
25 years$6,471$4,933$3,711$2,761$2,035$512
26 years$6,156$4,636$3,442$2,525$1,833$431
27 years$5,864$4,363$3,196$2,311$1,653$363
28 years$5,594$4,111$2,971$2,117$1,491$305
29 years$5,343$3,878$2,765$1,942$1,347$257
30 years$5,109$3,663$2,576$1,782$1,217$217
31 years$4,891$3,463$2,401$1,637$1,100$182
32 years$4,687$3,276$2,240$1,504$995$154
33 years$4,495$3,103$2,092$1,383$901$130
34 years$4,315$2,941$1,954$1,273$815$109
35 years$4,146$2,789$1,827$1,171$738$92
36 years$3,986$2,647$1,709$1,079$669$78
37 years$3,836$2,514$1,600$994$606$65
38 years$3,694$2,390$1,498$916$550$55
39 years$3,559$2,272$1,404$845$499$46
40 years$3,432$2,162$1,316$779$452$39
41 years$3,311$2,058$1,234$719$410$33
42 years$3,196$1,960$1,157$664$372$28
43 years$3,086$1,867$1,086$612$338$23
44 years$2,982$1,780$1,019$566$307$20
45 years$2,883$1,697$957$522$278$17
46 years$2,789$1,619$899$482$253$14
47 years$2,698$1,545$845$446$230$12
48 years$2,612$1,475$794$412$208$10
49 years$2,530$1,409$746$381$189$8
50 years$2,451$1,346$701$352$172$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,510,000, adding $5,499 every year, while hoping to spend $38,649 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: 68/12/20 Blend
44$2,510,000$2,510,000$2,510,000$2,510,000
45$2,771,692$2,638,662$2,599,757$2,946,055
46$3,013,283$2,726,834$2,645,727$3,151,529
47$3,278,220$2,818,032$2,691,941$3,371,201
48$3,568,845$2,912,362$2,738,367$3,610,563
49$3,887,735$3,009,935$2,784,971$3,871,555
50$4,237,730$3,110,868$2,831,714$4,156,311
51$4,621,958$3,215,281$2,878,556$4,467,183
52$5,043,865$3,323,297$2,925,455$4,806,758
53$5,507,247$3,435,046$2,972,365$5,177,888
54$6,016,283$3,550,660$3,019,236$5,583,714
55$6,575,582$3,670,280$3,066,018$6,027,693
56$7,190,216$3,794,049$3,112,655$6,513,636
57$7,865,777$3,922,116$3,159,087$7,045,737
58$8,608,423$4,054,636$3,205,254$7,628,620
59$9,424,939$4,191,771$3,251,087$8,267,375
60$10,322,802$4,333,686$3,296,517$8,967,611
61$11,310,246$4,480,556$3,341,469$9,735,506
62$12,396,348$4,632,559$3,385,865$10,577,867
63$13,591,104$4,789,884$3,429,620$11,502,192
64$14,905,531$4,952,722$3,472,646$12,516,742
65$16,351,765$5,121,276$3,514,850$13,630,619
66$17,943,180$5,295,753$3,556,133$14,853,849
67$19,694,511$5,476,372$3,596,390$16,197,482
68$21,621,994$5,663,356$3,635,511$17,673,687
69$23,743,516$5,856,940$3,673,380$19,295,877
70$26,078,791$6,057,366$3,709,874$21,078,828
71$28,649,537$6,264,886$3,744,864$23,038,820
72$31,479,686$6,479,762$3,778,213$25,193,793
73$34,595,609$6,702,265$3,809,779$27,563,512
74$38,026,363$6,932,678$3,839,409$30,169,757
75$41,803,968$7,171,295$3,866,944$33,036,524
76$45,963,704$7,418,420$3,892,218$36,190,257
77$50,544,449$7,674,370$3,915,055$39,660,092
78$55,589,041$7,939,473$3,935,268$43,478,135
79$61,144,688$8,214,071$3,952,664$47,679,763
80$67,263,406$8,498,520$3,967,038$52,303,958
81$74,002,514$8,793,189$3,978,175$57,393,676
82$81,425,177$9,098,461$3,985,850$62,996,251
83$89,600,995$9,414,736$3,989,825$69,163,840
84$98,606,665$9,742,427$3,989,853$75,953,919
85$108,526,704$10,081,965$3,985,673$83,429,822
86$119,454,246$10,433,799$3,977,010$91,661,339
87$131,491,917$10,798,394$3,963,579$100,725,374
88$144,752,812$11,176,234$3,945,078$110,706,675
89$159,361,552$11,567,823$3,921,192$121,698,627
90$175,455,469$11,973,685$3,891,590$133,804,138
91$193,185,895$12,394,363$3,855,926$147,136,609
92$212,719,594$12,830,425$3,813,837$161,821,002
93$234,240,335$13,282,459$3,764,944$177,995,023
94$257,950,628$13,751,077$3,708,848$195,810,418
95$284,073,630$14,236,919$3,645,133$215,434,410
96$312,855,258$14,740,645$3,573,362$237,051,270
97$344,566,505$15,262,947$3,493,080$260,864,063
98$379,505,999$15,804,542$3,403,809$287,096,562
99$418,002,824$16,366,177$3,305,049$315,995,360
100$460,419,621$16,948,630$3,196,278$347,832,197