Can I retire at age 45 with 2,100,000?

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$173,416$171,871$170,364$168,893$167,457$163,542
2 years$85,850$84,251$82,701$81,199$79,741$75,819
3 years$56,665$55,059$53,513$52,025$50,591$46,784
4 years$42,075$40,474$38,944$37,481$36,082$32,420
5 years$33,323$31,732$30,222$28,789$27,429$23,922
6 years$27,491$25,912$24,424$23,023$21,704$18,355
7 years$23,327$21,761$20,296$18,928$17,651$14,462
8 years$20,205$18,653$17,213$15,878$14,643$11,612
9 years$17,778$16,241$14,825$13,525$12,332$9,456
10 years$15,837$14,315$12,925$11,659$10,507$7,784
11 years$14,251$12,744$11,379$10,146$9,037$6,462
12 years$12,930$11,438$10,099$8,900$7,831$5,400
13 years$11,813$10,337$9,023$7,857$6,829$4,538
14 years$10,856$9,396$8,107$6,975$5,986$3,830
15 years$10,028$8,583$7,319$6,220$5,271$3,245
16 years$9,304$7,875$6,636$5,570$4,658$2,757
17 years$8,666$7,253$6,039$5,004$4,130$2,349
18 years$8,099$6,702$5,512$4,510$3,672$2,005
19 years$7,592$6,211$5,046$4,075$3,273$1,715
20 years$7,137$5,772$4,631$3,691$2,924$1,469
21 years$6,726$5,376$4,260$3,350$2,616$1,260
22 years$6,352$5,018$3,926$3,045$2,345$1,082
23 years$6,012$4,694$3,625$2,774$2,105$930
24 years$5,700$4,398$3,353$2,530$1,892$800
25 years$5,414$4,127$3,105$2,310$1,703$688
26 years$5,150$3,879$2,880$2,112$1,534$593
27 years$4,906$3,650$2,674$1,934$1,383$511
28 years$4,680$3,440$2,486$1,772$1,248$440
29 years$4,470$3,245$2,313$1,625$1,127$380
30 years$4,275$3,064$2,155$1,491$1,018$327
31 years$4,092$2,897$2,009$1,369$920$282
32 years$3,921$2,741$1,874$1,258$833$244
33 years$3,761$2,596$1,750$1,157$753$210
34 years$3,610$2,460$1,635$1,065$682$182
35 years$3,469$2,334$1,529$980$618$157
36 years$3,335$2,215$1,430$903$560$135
37 years$3,209$2,104$1,339$832$507$117
38 years$3,090$1,999$1,254$767$460$101
39 years$2,978$1,901$1,174$707$417$87
40 years$2,871$1,809$1,101$652$378$75
41 years$2,770$1,722$1,032$602$343$65
42 years$2,674$1,640$968$555$311$56
43 years$2,582$1,562$909$512$283$49
44 years$2,495$1,489$853$473$257$42
45 years$2,412$1,420$801$437$233$36
46 years$2,333$1,355$752$404$211$31
47 years$2,258$1,293$707$373$192$27
48 years$2,185$1,234$664$345$174$23
49 years$2,116$1,179$624$318$158$20
50 years$2,050$1,126$587$294$144$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,100,000, adding $4,015 every year, while hoping to spend $55,085 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: 83/5/12 Blend
44$2,100,000$2,100,000$2,100,000$2,100,000
45$2,318,341$2,207,041$2,174,491$2,505,557
46$2,496,202$2,256,576$2,188,727$2,678,321
47$2,690,359$2,306,693$2,201,593$2,860,300
48$2,902,415$2,357,360$2,212,986$3,058,504
49$3,134,136$2,408,546$2,222,796$3,274,530
50$3,387,467$2,460,213$2,230,908$3,510,142
51$3,664,547$2,512,322$2,237,203$3,767,281
52$3,967,734$2,564,829$2,241,552$4,048,083
53$4,299,622$2,617,685$2,243,823$4,354,904
54$4,663,068$2,670,836$2,243,876$4,690,338
55$5,061,220$2,724,226$2,241,565$5,057,241
56$5,497,543$2,777,792$2,236,736$5,458,761
57$5,975,853$2,831,464$2,229,227$5,898,366
58$6,500,354$2,885,170$2,218,870$6,379,875
59$7,075,676$2,938,829$2,205,488$6,907,497
60$7,706,917$2,992,354$2,188,894$7,485,870
61$8,399,695$3,045,652$2,168,894$8,120,101
62$9,160,197$3,098,621$2,145,285$8,815,819
63$9,995,237$3,151,154$2,117,852$9,579,226
64$10,912,323$3,203,132$2,086,372$10,417,156
65$11,919,726$3,254,432$2,050,611$11,337,136
66$13,026,555$3,304,916$2,010,324$12,347,464
67$14,242,849$3,354,442$1,965,255$13,457,280
68$15,579,663$3,402,853$1,915,135$14,676,656
69$17,049,179$3,449,984$1,859,682$16,016,692
70$18,664,819$3,495,656$1,798,605$17,489,616
71$20,441,367$3,539,680$1,731,595$19,108,907
72$22,395,114$3,581,853$1,658,332$20,889,413
73$24,544,009$3,621,956$1,578,479$22,847,498
74$26,907,826$3,659,760$1,491,686$25,001,194
75$29,508,352$3,695,016$1,397,585$27,370,371
76$32,369,594$3,727,462$1,295,794$29,976,925
77$35,518,001$3,756,816$1,185,912$32,844,986
78$38,982,717$3,782,780$1,067,519$36,001,142
79$42,795,853$3,805,035$940,180$39,474,693
80$46,992,791$3,823,243$803,438$43,297,929
81$51,612,518$3,837,044$656,815$47,506,431
82$56,697,990$3,846,054$499,813$52,139,409
83$62,296,542$3,849,868$331,914$57,240,071
84$68,460,329$3,848,052$152,574$62,856,034
85$75,246,824$3,840,147$0$69,039,770
86$82,719,353$3,825,667$0$75,854,074
87$90,947,696$3,804,094$0$83,378,869
88$100,008,746$3,774,879$0$91,664,900
89$109,987,230$3,737,441$0$100,789,634
90$120,976,515$3,691,163$0$110,838,435
91$133,079,480$3,635,390$0$121,905,370
92$146,409,493$3,569,431$0$134,094,095
93$161,091,479$3,492,550$0$147,518,835
94$177,263,096$3,403,971$0$162,305,460
95$195,076,037$3,302,871$0$178,592,673
96$214,697,459$3,188,378$0$196,533,320
97$236,311,562$3,059,571$0$216,295,833
98$260,121,325$2,915,473$0$238,065,818
99$286,350,422$2,755,053$0$262,047,805
100$315,245,334$2,577,220$0$288,467,183