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%14.5%
1 years$173,416$171,871$170,364$168,893$167,457$164,345
2 years$85,850$84,251$82,701$81,199$79,741$76,618
3 years$56,665$55,059$53,513$52,025$50,591$47,553
4 years$42,075$40,474$38,944$37,481$36,082$33,153
5 years$33,323$31,732$30,222$28,789$27,429$24,618
6 years$27,491$25,912$24,424$23,023$21,704$19,013
7 years$23,327$21,761$20,296$18,928$17,651$15,081
8 years$20,205$18,653$17,213$15,878$14,643$12,194
9 years$17,778$16,241$14,825$13,525$12,332$10,002
10 years$15,837$14,315$12,925$11,659$10,507$8,294
11 years$14,251$12,744$11,379$10,146$9,037$6,938
12 years$12,930$11,438$10,099$8,900$7,831$5,844
13 years$11,813$10,337$9,023$7,857$6,829$4,950
14 years$10,856$9,396$8,107$6,975$5,986$4,213
15 years$10,028$8,583$7,319$6,220$5,271$3,598
16 years$9,304$7,875$6,636$5,570$4,658$3,084
17 years$8,666$7,253$6,039$5,004$4,130$2,650
18 years$8,099$6,702$5,512$4,510$3,672$2,282
19 years$7,592$6,211$5,046$4,075$3,273$1,969
20 years$7,137$5,772$4,631$3,691$2,924$1,702
21 years$6,726$5,376$4,260$3,350$2,616$1,473
22 years$6,352$5,018$3,926$3,045$2,345$1,277
23 years$6,012$4,694$3,625$2,774$2,105$1,107
24 years$5,700$4,398$3,353$2,530$1,892$962
25 years$5,414$4,127$3,105$2,310$1,703$836
26 years$5,150$3,879$2,880$2,112$1,534$726
27 years$4,906$3,650$2,674$1,934$1,383$632
28 years$4,680$3,440$2,486$1,772$1,248$550
29 years$4,470$3,245$2,313$1,625$1,127$479
30 years$4,275$3,064$2,155$1,491$1,018$417
31 years$4,092$2,897$2,009$1,369$920$364
32 years$3,921$2,741$1,874$1,258$833$317
33 years$3,761$2,596$1,750$1,157$753$276
34 years$3,610$2,460$1,635$1,065$682$241
35 years$3,469$2,334$1,529$980$618$210
36 years$3,335$2,215$1,430$903$560$183
37 years$3,209$2,104$1,339$832$507$160
38 years$3,090$1,999$1,254$767$460$140
39 years$2,978$1,901$1,174$707$417$122
40 years$2,871$1,809$1,101$652$378$106
41 years$2,770$1,722$1,032$602$343$93
42 years$2,674$1,640$968$555$311$81
43 years$2,582$1,562$909$512$283$71
44 years$2,495$1,489$853$473$257$62
45 years$2,412$1,420$801$437$233$54
46 years$2,333$1,355$752$404$211$47
47 years$2,258$1,293$707$373$192$41
48 years$2,185$1,234$664$345$174$36
49 years$2,116$1,179$624$318$158$31
50 years$2,050$1,126$587$294$144$27

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 $2,306 every year, while hoping to spend $43,898 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: 74/5/21 Blend
44$2,100,000$2,100,000$2,100,000$2,100,000
45$2,316,579$2,205,279$2,172,729$2,476,146
46$2,506,163$2,266,630$2,198,808$2,643,797
47$2,713,613$2,329,517$2,224,290$2,821,922
48$2,940,705$2,393,967$2,249,107$3,016,007
49$3,189,396$2,460,010$2,273,191$3,227,633
50$3,461,838$2,527,674$2,296,467$3,458,542
51$3,760,403$2,596,988$2,318,856$3,710,653
52$4,087,705$2,667,981$2,340,278$3,986,080
53$4,446,619$2,740,680$2,360,646$4,287,151
54$4,840,314$2,815,113$2,379,867$4,616,432
55$5,272,280$2,891,308$2,397,847$4,976,751
56$5,746,362$2,969,292$2,414,484$5,371,222
57$6,266,794$3,049,090$2,429,673$5,803,276
58$6,838,241$3,130,729$2,443,300$6,276,695
59$7,465,840$3,214,234$2,455,250$6,795,644
60$8,155,253$3,299,629$2,465,398$7,364,715
61$8,912,715$3,386,936$2,473,615$7,988,966
62$9,745,095$3,476,179$2,479,764$8,673,969
63$10,659,961$3,567,379$2,483,703$9,425,868
64$11,665,651$3,660,554$2,485,280$10,251,429
65$12,771,350$3,755,724$2,484,340$11,158,111
66$13,987,178$3,852,905$2,480,716$12,154,130
67$15,324,285$3,952,111$2,474,234$13,248,543
68$16,794,955$4,053,358$2,464,714$14,451,329
69$18,412,722$4,156,654$2,451,964$15,773,484
70$20,192,499$4,262,009$2,435,784$17,227,125
71$22,150,716$4,369,430$2,415,965$18,825,608
72$24,305,477$4,478,920$2,392,287$20,583,648
73$26,676,727$4,590,479$2,364,521$22,517,461
74$29,286,447$4,704,106$2,332,426$24,644,917
75$32,158,851$4,819,794$2,295,749$26,985,711
76$35,320,625$4,937,534$2,254,227$29,561,545
77$38,801,168$5,057,313$2,207,584$32,396,335
78$42,632,879$5,179,114$2,155,529$35,516,437
79$46,851,456$5,302,913$2,097,762$38,950,894
80$51,496,232$5,428,684$2,033,966$42,731,715
81$56,610,553$5,556,394$1,963,809$46,894,172
82$62,242,178$5,686,006$1,886,945$51,477,136
83$68,443,736$5,817,476$1,803,013$56,523,443
84$75,273,217$5,950,753$1,711,634$62,080,300
85$82,794,524$6,085,779$1,612,413$68,199,730
86$91,078,073$6,222,489$1,504,936$74,939,062
87$100,201,457$6,360,812$1,388,772$82,361,474
88$110,250,179$6,500,665$1,263,469$90,536,592
89$121,318,458$6,641,958$1,128,556$99,541,142
90$133,510,118$6,784,591$983,540$109,459,679
91$146,939,569$6,928,455$827,907$120,385,385
92$161,732,883$7,073,428$661,120$132,420,947
93$178,028,988$7,219,376$482,619$145,679,529
94$195,980,976$7,366,156$291,817$160,285,841
95$215,757,546$7,513,609$88,104$176,377,313
96$237,544,602$7,661,562$0$194,105,399
97$261,547,001$7,809,828$0$213,665,974
98$287,990,489$7,958,203$0$235,236,947
99$317,123,832$8,106,469$0$259,001,407
100$349,221,163$8,254,386$0$285,182,892