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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.3%
1 years$172,590$171,053$169,553$168,089$166,660$161,067
2 years$85,441$83,849$82,307$80,812$79,362$73,782
3 years$56,395$54,797$53,258$51,777$50,350$44,959
4 years$41,874$40,281$38,758$37,302$35,910$30,749
5 years$33,165$31,581$30,078$28,652$27,298$22,381
6 years$27,360$25,788$24,308$22,913$21,600$16,930
7 years$23,215$21,657$20,200$18,838$17,567$13,143
8 years$20,108$18,564$17,131$15,803$14,573$10,393
9 years$17,693$16,163$14,755$13,461$12,273$8,331
10 years$15,762$14,247$12,864$11,603$10,457$6,747
11 years$14,183$12,683$11,325$10,098$8,993$5,509
12 years$12,868$11,384$10,051$8,857$7,794$4,526
13 years$11,757$10,288$8,980$7,820$6,796$3,737
14 years$10,804$9,351$8,068$6,942$5,957$3,098
15 years$9,980$8,543$7,284$6,191$5,245$2,577
16 years$9,259$7,838$6,604$5,543$4,636$2,149
17 years$8,624$7,218$6,010$4,980$4,111$1,796
18 years$8,060$6,670$5,486$4,488$3,655$1,504
19 years$7,556$6,182$5,022$4,056$3,258$1,262
20 years$7,103$5,744$4,609$3,673$2,910$1,059
21 years$6,694$5,351$4,240$3,334$2,604$891
22 years$6,322$4,995$3,907$3,031$2,334$749
23 years$5,983$4,671$3,608$2,760$2,095$631
24 years$5,673$4,377$3,337$2,518$1,883$532
25 years$5,388$4,107$3,090$2,299$1,695$448
26 years$5,126$3,860$2,866$2,102$1,526$378
27 years$4,883$3,633$2,662$1,924$1,376$319
28 years$4,658$3,423$2,474$1,763$1,242$269
29 years$4,449$3,229$2,302$1,617$1,121$227
30 years$4,254$3,050$2,145$1,484$1,013$192
31 years$4,072$2,883$1,999$1,363$916$162
32 years$3,902$2,728$1,865$1,252$829$137
33 years$3,743$2,584$1,742$1,152$750$116
34 years$3,593$2,449$1,627$1,060$679$98
35 years$3,452$2,322$1,522$975$615$82
36 years$3,319$2,204$1,423$898$557$70
37 years$3,194$2,094$1,332$828$505$59
38 years$3,076$1,990$1,248$763$458$50
39 years$2,964$1,892$1,169$703$415$42
40 years$2,857$1,800$1,096$649$377$36
41 years$2,757$1,714$1,027$599$342$30
42 years$2,661$1,632$964$552$310$25
43 years$2,570$1,555$904$510$281$21
44 years$2,483$1,482$849$471$255$18
45 years$2,401$1,413$797$435$232$15
46 years$2,322$1,348$749$402$210$13
47 years$2,247$1,287$703$371$191$11
48 years$2,175$1,228$661$343$174$9
49 years$2,106$1,173$621$317$158$8
50 years$2,041$1,120$584$293$143$7

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 $2,028 every year, while hoping to spend $44,429 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: 63/7/30 Blend
44$2,090,000$2,090,000$2,090,000$2,090,000
45$2,305,272$2,194,502$2,162,107$2,431,799
46$2,493,138$2,254,760$2,187,265$2,578,289
47$2,698,676$2,316,482$2,211,778$2,733,235
48$2,923,644$2,379,693$2,235,575$2,901,560
49$3,169,974$2,444,416$2,258,585$3,084,587
50$3,439,796$2,510,677$2,280,732$3,283,773
51$3,735,454$2,578,499$2,301,935$3,500,721
52$4,059,529$2,647,905$2,322,109$3,737,201
53$4,414,867$2,718,918$2,341,166$3,995,161
54$4,804,600$2,791,561$2,359,011$4,276,747
55$5,232,176$2,865,855$2,375,545$4,584,327
56$5,701,397$2,941,821$2,390,665$4,920,507
57$6,216,448$3,019,478$2,404,261$5,288,162
58$6,781,940$3,098,847$2,416,217$5,690,458
59$7,402,952$3,179,944$2,426,414$6,130,886
60$8,085,078$3,262,786$2,434,724$6,613,292
61$8,834,482$3,347,389$2,441,014$7,141,914
62$9,657,954$3,433,766$2,445,143$7,721,425
63$10,562,975$3,521,930$2,446,964$8,356,974
64$11,557,784$3,611,891$2,446,324$9,054,234
65$12,651,463$3,703,657$2,443,060$9,819,459
66$13,854,012$3,797,236$2,437,002$10,659,543
67$15,176,452$3,892,632$2,427,973$11,582,081
68$16,630,925$3,989,846$2,415,785$12,595,445
69$18,230,808$4,088,877$2,400,243$13,708,862
70$19,990,841$4,189,722$2,381,141$14,932,501
71$21,927,262$4,292,374$2,358,265$16,277,569
72$24,057,965$4,396,823$2,331,389$17,756,419
73$26,402,664$4,503,054$2,300,277$19,382,664
74$28,983,083$4,611,050$2,264,683$21,171,307
75$31,823,155$4,720,790$2,224,348$23,138,884
76$34,949,255$4,832,247$2,179,002$25,303,619
77$38,390,441$4,945,389$2,128,361$27,685,597
78$42,178,734$5,060,181$2,072,128$30,306,955
79$46,349,415$5,176,580$2,009,995$33,192,087
80$50,941,362$5,294,539$1,941,636$36,367,881
81$55,997,413$5,414,003$1,866,713$39,863,970
82$61,564,772$5,534,913$1,784,872$43,713,011
83$67,695,454$5,657,199$1,695,740$47,950,996
84$74,446,775$5,780,786$1,598,932$52,617,592
85$81,881,891$5,905,590$1,494,041$57,756,515
86$90,070,398$6,031,518$1,380,646$63,415,944
87$99,088,984$6,158,467$1,258,303$69,648,978
88$109,022,155$6,286,327$1,126,550$76,514,133
89$119,963,032$6,414,974$984,907$84,075,902
90$132,014,227$6,544,274$832,867$92,405,358
91$145,288,816$6,674,081$669,906$101,580,833
92$159,911,401$6,804,236$495,473$111,688,650
93$176,019,287$6,934,567$308,995$122,823,947
94$193,763,782$7,064,888$109,873$135,091,568
95$213,311,616$7,194,996$0$148,607,063
96$234,846,523$7,324,673$0$163,530,621
97$258,570,970$7,453,684$0$180,009,398
98$284,708,069$7,581,774$0$198,163,063
99$313,503,682$7,708,671$0$218,162,288
100$345,228,742$7,834,081$0$240,195,148