Can I retire at age 45 with 2,070,000?

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 $2,070,000?

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$170,939$169,416$167,930$166,481$165,065$164,300
2 years$84,623$83,047$81,520$80,039$78,602$77,830
3 years$55,855$54,272$52,749$51,282$49,868$49,113
4 years$41,474$39,896$38,387$36,945$35,567$34,834
5 years$32,847$31,279$29,790$28,378$27,037$26,329
6 years$27,098$25,541$24,075$22,694$21,394$20,711
7 years$22,993$21,450$20,006$18,658$17,399$16,742
8 years$19,916$18,386$16,967$15,652$14,434$13,804
9 years$17,524$16,009$14,614$13,332$12,155$11,551
10 years$15,611$14,111$12,741$11,492$10,357$9,778
11 years$14,047$12,562$11,217$10,002$8,907$8,354
12 years$12,745$11,275$9,954$8,773$7,719$7,190
13 years$11,644$10,189$8,894$7,745$6,731$6,226
14 years$10,701$9,262$7,991$6,875$5,900$5,420
15 years$9,885$8,461$7,215$6,131$5,195$4,737
16 years$9,171$7,763$6,541$5,490$4,592$4,156
17 years$8,542$7,149$5,952$4,933$4,071$3,658
18 years$7,983$6,606$5,434$4,445$3,620$3,228
19 years$7,484$6,122$4,974$4,017$3,226$2,855
20 years$7,035$5,689$4,565$3,638$2,882$2,530
21 years$6,630$5,299$4,199$3,302$2,579$2,246
22 years$6,262$4,947$3,870$3,002$2,312$1,997
23 years$5,926$4,627$3,573$2,734$2,075$1,778
24 years$5,619$4,335$3,305$2,494$1,865$1,585
25 years$5,337$4,068$3,061$2,277$1,678$1,414
26 years$5,077$3,823$2,839$2,082$1,512$1,263
27 years$4,836$3,598$2,636$1,906$1,363$1,129
28 years$4,614$3,391$2,451$1,746$1,230$1,010
29 years$4,407$3,199$2,280$1,601$1,111$904
30 years$4,214$3,021$2,124$1,470$1,003$810
31 years$4,034$2,856$1,980$1,350$907$726
32 years$3,865$2,702$1,848$1,240$821$651
33 years$3,707$2,559$1,725$1,141$743$584
34 years$3,559$2,425$1,612$1,050$672$524
35 years$3,419$2,300$1,507$966$609$470
36 years$3,288$2,183$1,410$890$552$422
37 years$3,164$2,074$1,320$820$500$379
38 years$3,046$1,971$1,236$756$453$340
39 years$2,935$1,874$1,158$697$411$306
40 years$2,830$1,783$1,085$643$373$275
41 years$2,730$1,697$1,017$593$338$247
42 years$2,635$1,616$954$547$307$222
43 years$2,545$1,540$896$505$279$200
44 years$2,459$1,468$841$466$253$179
45 years$2,378$1,400$789$431$230$161
46 years$2,300$1,335$741$398$208$145
47 years$2,225$1,274$697$368$189$130
48 years$2,154$1,217$655$340$172$117
49 years$2,086$1,162$615$314$156$106
50 years$2,021$1,110$578$290$142$95

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,070,000, adding $5,700 every year, while hoping to spend $22,627 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: 73/12/15 Blend
44$2,070,000$2,070,000$2,070,000$2,070,000
45$2,287,020$2,177,310$2,145,225$2,445,957
46$2,496,221$2,259,923$2,193,015$2,634,616
47$2,726,002$2,345,826$2,241,647$2,837,883
48$2,978,438$2,435,156$2,291,127$3,059,941
49$3,255,817$2,528,056$2,341,457$3,302,646
50$3,560,655$2,624,676$2,392,641$3,568,045
51$3,895,729$2,725,172$2,444,681$3,858,389
52$4,264,094$2,829,706$2,497,579$4,176,159
53$4,669,120$2,938,449$2,551,336$4,524,086
54$5,114,515$3,051,579$2,605,951$4,905,177
55$5,604,369$3,169,280$2,661,424$5,322,744
56$6,143,186$3,291,745$2,717,753$5,780,434
57$6,735,928$3,419,178$2,774,934$6,282,265
58$7,388,063$3,551,788$2,832,965$6,832,662
59$8,105,615$3,689,795$2,891,839$7,436,497
60$8,895,222$3,833,430$2,951,551$8,099,140
61$9,764,199$3,982,932$3,012,092$8,826,501
62$10,720,604$4,138,553$3,073,454$9,625,096
63$11,773,317$4,300,553$3,135,625$10,502,099
64$12,932,122$4,469,206$3,198,595$11,465,412
65$14,207,799$4,644,798$3,262,349$12,523,744
66$15,612,228$4,827,627$3,326,871$13,686,685
67$17,158,499$5,018,005$3,392,145$14,964,802
68$18,861,035$5,216,256$3,458,151$16,369,737
69$20,735,730$5,422,721$3,524,868$17,914,314
70$22,800,095$5,637,756$3,592,272$19,612,664
71$25,073,430$5,861,730$3,660,338$21,480,352
72$27,576,998$6,095,033$3,729,038$23,534,531
73$30,334,231$6,338,070$3,798,340$25,794,097
74$33,370,950$6,591,262$3,868,212$28,279,870
75$36,715,607$6,855,054$3,938,617$31,014,787
76$40,399,555$7,129,908$4,009,517$34,024,125
77$44,457,343$7,416,307$4,080,869$37,335,731
78$48,927,042$7,714,756$4,152,628$40,980,287
79$53,850,604$8,025,783$4,224,744$44,991,602
80$59,274,259$8,349,939$4,297,167$49,406,928
81$65,248,949$8,687,803$4,369,839$54,267,310
82$71,830,813$9,039,976$4,442,699$59,617,975
83$79,081,711$9,407,090$4,515,685$65,508,757
84$87,069,812$9,789,804$4,588,726$71,994,567
85$95,870,234$10,188,805$4,661,750$79,135,912
86$105,565,758$10,604,816$4,734,678$86,999,463
87$116,247,602$11,038,590$4,807,427$95,658,685
88$128,016,290$11,490,913$4,879,909$105,194,530
89$140,982,595$11,962,611$4,952,028$115,696,199
90$155,268,585$12,454,544$5,023,686$127,261,985
91$171,008,777$12,967,614$5,094,777$140,000,200
92$188,351,407$13,502,761$5,165,186$154,030,193
93$207,459,827$14,060,973$5,234,797$169,483,481
94$228,514,048$14,643,279$5,303,481$186,504,986
95$251,712,439$15,250,758$5,371,106$205,254,404
96$277,273,600$15,884,537$5,437,530$225,907,708
97$305,438,423$16,545,796$5,502,603$248,658,815
98$336,472,371$17,235,768$5,566,169$273,721,407
99$370,667,977$17,955,745$5,628,059$301,330,954
100$408,347,610$18,707,076$5,688,099$331,746,932