Can I retire at age 45 with 2,090,000?

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 $2,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$172,590$171,053$169,553$168,089$166,660$161,519
2 years$85,441$83,849$82,307$80,812$79,362$74,227
3 years$56,395$54,797$53,258$51,777$50,350$45,383
4 years$41,874$40,281$38,758$37,302$35,910$31,149
5 years$33,165$31,581$30,078$28,652$27,298$22,756
6 years$27,360$25,788$24,308$22,913$21,600$17,280
7 years$23,215$21,657$20,200$18,838$17,567$13,468
8 years$20,108$18,564$17,131$15,803$14,573$10,694
9 years$17,693$16,163$14,755$13,461$12,273$8,609
10 years$15,762$14,247$12,864$11,603$10,457$7,003
11 years$14,183$12,683$11,325$10,098$8,993$5,743
12 years$12,868$11,384$10,051$8,857$7,794$4,741
13 years$11,757$10,288$8,980$7,820$6,796$3,933
14 years$10,804$9,351$8,068$6,942$5,957$3,276
15 years$9,980$8,543$7,284$6,191$5,245$2,739
16 years$9,259$7,838$6,604$5,543$4,636$2,296
17 years$8,624$7,218$6,010$4,980$4,111$1,929
18 years$8,060$6,670$5,486$4,488$3,655$1,624
19 years$7,556$6,182$5,022$4,056$3,258$1,369
20 years$7,103$5,744$4,609$3,673$2,910$1,156
21 years$6,694$5,351$4,240$3,334$2,604$977
22 years$6,322$4,995$3,907$3,031$2,334$826
23 years$5,983$4,671$3,608$2,760$2,095$700
24 years$5,673$4,377$3,337$2,518$1,883$593
25 years$5,388$4,107$3,090$2,299$1,695$503
26 years$5,126$3,860$2,866$2,102$1,526$426
27 years$4,883$3,633$2,662$1,924$1,376$362
28 years$4,658$3,423$2,474$1,763$1,242$307
29 years$4,449$3,229$2,302$1,617$1,121$261
30 years$4,254$3,050$2,145$1,484$1,013$221
31 years$4,072$2,883$1,999$1,363$916$188
32 years$3,902$2,728$1,865$1,252$829$160
33 years$3,743$2,584$1,742$1,152$750$136
34 years$3,593$2,449$1,627$1,060$679$115
35 years$3,452$2,322$1,522$975$615$98
36 years$3,319$2,204$1,423$898$557$83
37 years$3,194$2,094$1,332$828$505$71
38 years$3,076$1,990$1,248$763$458$60
39 years$2,964$1,892$1,169$703$415$51
40 years$2,857$1,800$1,096$649$377$43
41 years$2,757$1,714$1,027$599$342$37
42 years$2,661$1,632$964$552$310$31
43 years$2,570$1,555$904$510$281$27
44 years$2,483$1,482$849$471$255$23
45 years$2,401$1,413$797$435$232$19
46 years$2,322$1,348$749$402$210$16
47 years$2,247$1,287$703$371$191$14
48 years$2,175$1,228$661$343$174$12
49 years$2,106$1,173$621$317$158$10
50 years$2,041$1,120$584$293$143$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,090,000, adding $5,136 every year, while hoping to spend $54,746 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: 55/17/28 Blend
44$2,090,000$2,090,000$2,090,000$2,090,000
45$2,308,478$2,197,708$2,165,313$2,417,293
46$2,485,693$2,247,146$2,179,601$2,542,345
47$2,679,150$2,297,172$2,192,534$2,672,398
48$2,890,446$2,347,757$2,204,007$2,812,945
49$3,121,343$2,398,868$2,213,912$2,965,016
50$3,373,777$2,450,469$2,222,135$3,129,747
51$3,649,882$2,502,522$2,228,557$3,308,389
52$3,952,007$2,554,983$2,233,051$3,502,321
53$4,282,739$2,607,805$2,235,485$3,713,064
54$4,644,926$2,660,934$2,235,721$3,942,297
55$5,041,704$2,714,316$2,233,614$4,191,868
56$5,476,528$2,767,888$2,229,010$4,463,815
57$5,953,202$2,821,583$2,221,750$4,760,386
58$6,475,916$2,875,327$2,211,666$5,084,060
59$7,049,285$2,929,044$2,198,582$5,437,568
60$7,678,391$2,982,646$2,182,314$5,823,923
61$8,368,834$3,036,042$2,162,668$6,246,447
62$9,126,780$3,089,134$2,139,443$6,708,800
63$9,959,023$3,141,812$2,112,425$7,215,021
64$10,873,045$3,193,964$2,081,394$7,769,560
65$11,877,092$3,245,464$2,046,116$8,377,325
66$12,980,244$3,296,180$2,006,350$9,043,725
67$14,192,505$3,345,969$1,961,839$9,774,727
68$15,524,898$3,394,679$1,912,318$10,576,906
69$16,989,564$3,442,145$1,857,507$11,457,512
70$18,599,882$3,488,192$1,797,116$12,424,538
71$20,370,590$3,532,634$1,730,840$13,486,795
72$22,317,926$3,575,269$1,658,359$14,653,998
73$24,459,781$3,615,883$1,579,340$15,936,856
74$26,815,866$3,654,249$1,493,435$17,347,175
75$29,407,899$3,690,122$1,400,280$18,897,969
76$32,259,809$3,723,242$1,299,494$20,603,585
77$35,397,962$3,753,333$1,190,679$22,479,840
78$38,851,407$3,780,099$1,073,419$24,544,168
79$42,652,153$3,803,227$947,282$26,815,788
80$46,835,469$3,822,382$811,812$29,315,887
81$51,440,217$3,837,208$666,538$32,067,818
82$56,509,216$3,847,328$510,964$35,097,324
83$62,089,649$3,852,341$344,574$38,432,782
84$68,233,506$3,851,818$166,830$42,105,471
85$74,998,074$3,845,307$0$46,149,871
86$82,446,477$3,832,327$0$50,610,813
87$90,648,273$3,812,366$0$55,576,994
88$99,680,109$3,784,884$0$61,044,878
89$109,626,441$3,749,305$0$67,065,550
90$120,580,337$3,705,019$0$73,695,308
91$132,644,348$3,651,382$0$80,996,192
92$145,931,480$3,587,708$0$89,036,571
93$160,566,258$3,513,273$0$97,891,788
94$176,685,901$3,427,308$0$107,644,875
95$194,441,617$3,329,000$0$118,387,330
96$214,000,029$3,217,488$0$130,219,990
97$235,544,748$3,091,861$0$143,253,976
98$259,278,106$2,951,155$0$157,611,748
99$285,423,061$2,794,350$0$173,428,258
100$314,225,307$2,620,367$0$190,852,226