Can I retire at age 45 with 2,530,000?

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 $2,530,000?

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$208,925$207,064$205,248$203,476$201,746$194,743
2 years$103,428$101,502$99,635$97,825$96,069$89,086
3 years$68,267$66,333$64,471$62,677$60,950$54,207
4 years$50,690$48,762$46,918$45,156$43,470$37,018
5 years$40,147$38,230$36,410$34,684$33,045$26,901
6 years$33,120$31,217$29,425$27,737$26,148$20,316
7 years$28,103$26,216$24,452$22,804$21,265$15,745
8 years$24,342$22,472$20,737$19,130$17,641$12,428
9 years$21,418$19,566$17,861$16,294$14,857$9,944
10 years$19,080$17,247$15,572$14,046$12,659$8,038
11 years$17,169$15,354$13,709$12,224$10,887$6,550
12 years$15,577$13,781$12,167$10,722$9,434$5,370
13 years$14,232$12,454$10,870$9,466$8,227$4,425
14 years$13,079$11,320$9,767$8,403$7,212$3,661
15 years$12,081$10,341$8,818$7,494$6,350$3,039
16 years$11,209$9,488$7,995$6,710$5,612$2,529
17 years$10,440$8,738$7,275$6,029$4,976$2,109
18 years$9,757$8,074$6,641$5,433$4,424$1,762
19 years$9,147$7,483$6,080$4,909$3,943$1,475
20 years$8,599$6,954$5,580$4,446$3,522$1,236
21 years$8,103$6,477$5,132$4,035$3,152$1,036
22 years$7,653$6,046$4,730$3,669$2,825$870
23 years$7,243$5,655$4,367$3,342$2,536$731
24 years$6,868$5,298$4,039$3,048$2,280$614
25 years$6,523$4,972$3,741$2,783$2,051$516
26 years$6,205$4,673$3,470$2,545$1,848$434
27 years$5,911$4,398$3,222$2,329$1,666$366
28 years$5,639$4,144$2,995$2,134$1,503$308
29 years$5,386$3,909$2,787$1,957$1,357$259
30 years$5,150$3,692$2,596$1,796$1,226$218
31 years$4,930$3,490$2,420$1,650$1,109$184
32 years$4,724$3,302$2,258$1,516$1,003$155
33 years$4,531$3,127$2,109$1,394$908$131
34 years$4,350$2,964$1,970$1,283$822$110
35 years$4,179$2,811$1,842$1,181$744$93
36 years$4,018$2,668$1,723$1,088$674$78
37 years$3,867$2,534$1,613$1,002$611$66
38 years$3,723$2,409$1,510$924$554$56
39 years$3,587$2,290$1,415$852$503$47
40 years$3,459$2,179$1,326$785$456$39
41 years$3,337$2,074$1,244$725$414$33
42 years$3,221$1,975$1,167$669$375$28
43 years$3,111$1,882$1,095$617$341$24
44 years$3,006$1,794$1,027$570$309$20
45 years$2,906$1,711$965$526$281$17
46 years$2,811$1,632$906$486$255$14
47 years$2,720$1,558$851$449$231$12
48 years$2,633$1,487$800$415$210$10
49 years$2,550$1,420$752$384$191$8
50 years$2,470$1,356$707$355$173$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,530,000, adding $5,606 every year, while hoping to spend $51,398 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: 69/8/23 Blend
44$2,530,000$2,530,000$2,530,000$2,530,000
45$2,793,843$2,659,753$2,620,538$2,970,029
46$3,024,127$2,735,393$2,653,639$3,164,308
47$3,276,179$2,813,018$2,686,126$3,370,341
48$3,552,162$2,892,669$2,717,924$3,594,582
49$3,854,463$2,974,390$2,748,955$3,838,830
50$4,185,709$3,058,226$2,779,135$4,105,067
51$4,548,791$3,144,218$2,808,376$4,395,474
52$4,946,895$3,232,413$2,836,585$4,712,457
53$5,383,532$3,322,854$2,863,663$5,058,663
54$5,862,565$3,415,587$2,889,509$5,437,011
55$6,388,252$3,510,656$2,914,012$5,850,717
56$6,965,281$3,608,106$2,937,060$6,303,322
57$7,598,818$3,707,982$2,958,530$6,798,729
58$8,294,554$3,810,329$2,978,296$7,341,238
59$9,058,755$3,915,191$2,996,226$7,935,588
60$9,898,326$4,022,614$3,012,178$8,586,999
61$10,820,874$4,132,641$3,026,005$9,301,225
62$11,834,779$4,245,317$3,037,552$10,084,604
63$12,949,273$4,360,684$3,046,656$10,944,120
64$14,174,527$4,478,785$3,053,147$11,887,472
65$15,521,746$4,599,663$3,056,845$12,923,141
66$17,003,277$4,723,359$3,057,562$14,060,472
67$18,632,720$4,849,912$3,055,099$15,309,766
68$20,425,062$4,979,363$3,049,250$16,682,371
69$22,396,815$5,111,748$3,039,796$18,190,795
70$24,566,171$5,247,105$3,026,510$19,848,819
71$26,953,176$5,385,468$3,009,153$21,671,633
72$29,579,914$5,526,870$2,987,475$23,675,972
73$32,470,722$5,671,343$2,961,211$25,880,282
74$35,652,411$5,818,915$2,930,088$28,304,888
75$39,154,529$5,969,613$2,893,817$30,972,189
76$43,009,627$6,123,461$2,852,097$33,906,870
77$47,253,578$6,280,480$2,804,611$37,136,133
78$51,925,906$6,440,686$2,751,029$40,689,955
79$57,070,164$6,604,096$2,691,004$44,601,372
80$62,734,343$6,770,719$2,624,175$48,906,791
81$68,971,324$6,940,561$2,550,162$53,646,332
82$75,839,375$7,113,625$2,468,569$58,864,208
83$83,402,707$7,289,908$2,378,981$64,609,143
84$91,732,072$7,469,402$2,280,966$70,934,835
85$100,905,434$7,652,094$2,174,069$77,900,457
86$111,008,704$7,837,963$2,057,816$85,571,219
87$122,136,552$8,026,983$1,931,713$94,018,988
88$134,393,297$8,219,122$1,795,242$103,322,960
89$147,893,892$8,414,338$1,647,862$113,570,412
90$162,765,012$8,612,583$1,489,008$124,857,526
91$179,146,242$8,813,799$1,318,089$137,290,297
92$197,191,403$9,017,919$1,134,489$150,985,534
93$217,069,996$9,224,867$937,565$166,071,964
94$238,968,806$9,434,555$726,643$182,691,447
95$263,093,660$9,646,885$501,021$201,000,317
96$289,671,376$9,861,744$259,968$221,170,858
97$318,951,897$10,079,010$2,717$243,392,930
98$351,210,653$10,298,545$0$267,875,763
99$386,751,161$10,520,194$0$294,916,642
100$425,907,886$10,743,791$0$324,708,010