Can I retire at age 45 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$174,242$172,690$171,176$169,698$168,254$163,458
2 years$86,258$84,652$83,095$81,585$80,121$75,326
3 years$56,934$55,321$53,768$52,273$50,832$46,189
4 years$42,275$40,667$39,129$37,659$36,254$31,798
5 years$33,482$31,883$30,366$28,926$27,560$23,303
6 years$27,622$26,035$24,540$23,132$21,807$17,754
7 years$23,438$21,864$20,393$19,018$17,735$13,885
8 years$20,301$18,742$17,295$15,954$14,713$11,064
9 years$17,862$16,318$14,896$13,589$12,390$8,940
10 years$15,913$14,383$12,987$11,714$10,557$7,299
11 years$14,319$12,805$11,433$10,195$9,080$6,010
12 years$12,991$11,493$10,147$8,942$7,868$4,980
13 years$11,869$10,386$9,065$7,895$6,861$4,148
14 years$10,908$9,441$8,145$7,008$6,014$3,470
15 years$10,076$8,624$7,354$6,250$5,296$2,913
16 years$9,348$7,913$6,668$5,596$4,680$2,453
17 years$8,707$7,287$6,067$5,028$4,150$2,070
18 years$8,137$6,734$5,539$4,531$3,690$1,750
19 years$7,629$6,241$5,070$4,094$3,289$1,482
20 years$7,171$5,799$4,653$3,708$2,938$1,257
21 years$6,758$5,402$4,280$3,365$2,629$1,067
22 years$6,383$5,042$3,945$3,060$2,356$907
23 years$6,041$4,716$3,642$2,787$2,115$772
24 years$5,728$4,419$3,369$2,542$1,901$657
25 years$5,440$4,147$3,120$2,321$1,711$560
26 years$5,175$3,897$2,894$2,122$1,541$477
27 years$4,930$3,668$2,687$1,943$1,389$407
28 years$4,703$3,456$2,498$1,780$1,254$347
29 years$4,492$3,260$2,324$1,632$1,132$296
30 years$4,295$3,079$2,165$1,498$1,023$252
31 years$4,111$2,911$2,019$1,376$925$216
32 years$3,940$2,754$1,883$1,264$837$184
33 years$3,779$2,608$1,758$1,163$757$157
34 years$3,627$2,472$1,643$1,070$685$134
35 years$3,485$2,345$1,536$985$621$115
36 years$3,351$2,225$1,437$907$562$98
37 years$3,225$2,114$1,345$836$510$84
38 years$3,105$2,009$1,260$770$462$71
39 years$2,992$1,910$1,180$710$419$61
40 years$2,885$1,817$1,106$655$380$52
41 years$2,783$1,730$1,037$604$345$45
42 years$2,686$1,647$973$558$313$38
43 years$2,594$1,570$913$515$284$33
44 years$2,507$1,496$857$475$258$28
45 years$2,424$1,427$805$439$234$24
46 years$2,344$1,361$756$406$212$20
47 years$2,268$1,299$710$375$193$17
48 years$2,196$1,240$667$346$175$15
49 years$2,126$1,184$627$320$159$13
50 years$2,060$1,131$590$296$145$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,110,000, adding $4,427 every year, while hoping to spend $23,130 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: 64/11/25 Blend
44$2,110,000$2,110,000$2,110,000$2,110,000
45$2,329,786$2,217,956$2,185,251$2,463,335
46$2,542,815$2,302,026$2,233,847$2,638,143
47$2,776,796$2,389,440$2,283,296$2,826,089
48$3,033,844$2,480,338$2,333,601$3,030,930
49$3,316,287$2,574,864$2,384,767$3,254,323
50$3,626,687$2,673,172$2,436,796$3,498,097
51$3,967,871$2,775,419$2,489,690$3,764,261
52$4,342,951$2,881,771$2,543,452$4,055,031
53$4,755,354$2,992,401$2,598,080$4,372,845
54$5,208,860$3,107,488$2,653,575$4,720,388
55$5,707,630$3,227,221$2,709,936$5,100,617
56$6,256,249$3,351,796$2,767,160$5,516,789
57$6,859,771$3,481,418$2,825,244$5,972,489
58$7,523,761$3,616,301$2,884,183$6,471,666
59$8,254,354$3,756,669$2,943,972$7,018,673
60$9,058,306$3,902,755$3,004,604$7,618,299
61$9,943,066$4,054,802$3,066,071$8,275,823
62$10,916,836$4,213,064$3,128,362$8,997,057
63$11,988,658$4,377,809$3,191,466$9,788,407
64$13,168,492$4,549,313$3,255,371$10,656,925
65$14,467,314$4,727,865$3,320,062$11,610,383
66$15,897,219$4,913,769$3,385,523$12,657,342
67$17,471,532$5,107,341$3,451,735$13,807,231
68$19,204,939$5,308,911$3,518,678$15,070,442
69$21,113,619$5,518,824$3,586,331$16,458,418
70$23,215,403$5,737,441$3,654,667$17,983,772
71$25,529,936$5,965,138$3,723,661$19,660,396
72$28,078,869$6,202,309$3,793,283$21,503,596
73$30,886,057$6,449,366$3,863,501$23,530,237
74$33,977,787$6,706,737$3,934,281$25,758,899
75$37,383,026$6,974,871$4,005,584$28,210,055
76$41,133,693$7,254,239$4,077,370$30,906,261
77$45,264,963$7,545,330$4,149,595$33,872,369
78$49,815,596$7,848,657$4,222,213$37,135,762
79$54,828,301$8,164,756$4,295,171$40,726,614
80$60,350,145$8,494,186$4,368,417$44,678,168
81$66,432,991$8,837,533$4,441,891$49,027,057
82$73,133,993$9,195,409$4,515,530$53,813,642
83$80,516,129$9,568,453$4,589,270$59,082,401
84$88,648,801$9,957,334$4,663,037$64,882,337
85$97,608,487$10,362,751$4,736,756$71,267,451
86$107,479,461$10,785,435$4,810,347$78,297,245
87$118,354,595$11,226,150$4,883,722$86,037,284
88$130,336,228$11,685,695$4,956,790$94,559,814
89$143,537,135$12,164,906$5,029,455$103,944,446
90$158,081,593$12,664,657$5,101,612$114,278,904
91$174,106,551$13,185,861$5,173,152$125,659,852
92$191,762,925$13,729,474$5,243,958$138,193,809
93$211,217,021$14,296,495$5,313,908$151,998,151
94$232,652,104$14,887,971$5,382,871$167,202,219
95$256,270,131$15,504,993$5,450,709$183,948,538
96$282,293,653$16,148,706$5,517,277$202,394,165
97$310,967,919$16,820,307$5,582,419$222,712,167
98$342,563,190$17,521,045$5,645,974$245,093,257
99$377,377,290$18,252,231$5,707,768$269,747,591
100$415,738,417$19,015,233$5,767,622$296,906,751