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%17.5%
1 years$174,242$172,690$171,176$169,698$168,254$163,130
2 years$86,258$84,652$83,095$81,585$80,121$75,002
3 years$56,934$55,321$53,768$52,273$50,832$45,879
4 years$42,275$40,667$39,129$37,659$36,254$31,505
5 years$33,482$31,883$30,366$28,926$27,560$23,028
6 years$27,622$26,035$24,540$23,132$21,807$17,496
7 years$23,438$21,864$20,393$19,018$17,735$13,645
8 years$20,301$18,742$17,295$15,954$14,713$10,841
9 years$17,862$16,318$14,896$13,589$12,390$8,732
10 years$15,913$14,383$12,987$11,714$10,557$7,108
11 years$14,319$12,805$11,433$10,195$9,080$5,833
12 years$12,991$11,493$10,147$8,942$7,868$4,818
13 years$11,869$10,386$9,065$7,895$6,861$4,000
14 years$10,908$9,441$8,145$7,008$6,014$3,334
15 years$10,076$8,624$7,354$6,250$5,296$2,789
16 years$9,348$7,913$6,668$5,596$4,680$2,340
17 years$8,707$7,287$6,067$5,028$4,150$1,967
18 years$8,137$6,734$5,539$4,531$3,690$1,657
19 years$7,629$6,241$5,070$4,094$3,289$1,398
20 years$7,171$5,799$4,653$3,708$2,938$1,181
21 years$6,758$5,402$4,280$3,365$2,629$999
22 years$6,383$5,042$3,945$3,060$2,356$846
23 years$6,041$4,716$3,642$2,787$2,115$717
24 years$5,728$4,419$3,369$2,542$1,901$608
25 years$5,440$4,147$3,120$2,321$1,711$516
26 years$5,175$3,897$2,894$2,122$1,541$438
27 years$4,930$3,668$2,687$1,943$1,389$372
28 years$4,703$3,456$2,498$1,780$1,254$316
29 years$4,492$3,260$2,324$1,632$1,132$268
30 years$4,295$3,079$2,165$1,498$1,023$228
31 years$4,111$2,911$2,019$1,376$925$194
32 years$3,940$2,754$1,883$1,264$837$165
33 years$3,779$2,608$1,758$1,163$757$140
34 years$3,627$2,472$1,643$1,070$685$119
35 years$3,485$2,345$1,536$985$621$101
36 years$3,351$2,225$1,437$907$562$86
37 years$3,225$2,114$1,345$836$510$73
38 years$3,105$2,009$1,260$770$462$62
39 years$2,992$1,910$1,180$710$419$53
40 years$2,885$1,817$1,106$655$380$45
41 years$2,783$1,730$1,037$604$345$38
42 years$2,686$1,647$973$558$313$33
43 years$2,594$1,570$913$515$284$28
44 years$2,507$1,496$857$475$258$24
45 years$2,424$1,427$805$439$234$20
46 years$2,344$1,361$756$406$212$17
47 years$2,268$1,299$710$375$193$15
48 years$2,196$1,240$667$346$175$12
49 years$2,126$1,184$627$320$159$11
50 years$2,060$1,131$590$296$145$9

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 $3,229 every year, while hoping to spend $54,770 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: 63/24/13 Blend
44$2,110,000$2,110,000$2,110,000$2,110,000
45$2,328,551$2,216,721$2,184,016$2,467,867
46$2,507,788$2,267,065$2,198,905$2,611,931
47$2,703,472$2,318,041$2,212,458$2,762,589
48$2,917,222$2,369,621$2,224,572$2,925,752
49$3,150,822$2,421,775$2,235,138$3,102,638
50$3,406,234$2,474,470$2,244,043$3,294,585
51$3,685,620$2,527,670$2,251,168$3,503,070
52$3,991,359$2,581,332$2,256,389$3,729,716
53$4,326,073$2,635,413$2,259,574$3,976,316
54$4,692,648$2,689,863$2,260,584$4,244,841
55$5,094,260$2,744,628$2,259,276$4,537,465
56$5,534,410$2,799,650$2,255,497$4,856,583
57$6,016,952$2,854,865$2,249,088$5,204,834
58$6,546,131$2,910,204$2,239,883$5,585,125
59$7,126,624$2,965,591$2,227,706$6,000,660
60$7,763,579$3,020,945$2,212,374$6,454,969
61$8,462,670$3,076,177$2,193,695$6,951,944
62$9,230,145$3,131,193$2,171,467$7,495,870
63$10,072,888$3,185,889$2,145,479$8,091,474
64$10,998,481$3,240,156$2,115,510$8,743,962
65$12,015,276$3,293,873$2,081,330$9,459,071
66$13,132,474$3,346,914$2,042,695$10,243,126
67$14,360,214$3,399,140$1,999,353$11,103,097
68$15,709,663$3,450,404$1,951,038$12,046,663
69$17,193,123$3,500,549$1,897,472$13,082,290
70$18,824,151$3,549,405$1,838,366$14,219,306
71$20,617,679$3,596,790$1,773,416$15,467,995
72$22,590,161$3,642,512$1,702,304$16,839,687
73$24,759,724$3,686,362$1,624,699$18,346,872
74$27,146,343$3,728,120$1,540,253$20,003,314
75$29,772,021$3,767,550$1,448,603$21,824,183
76$32,661,007$3,804,400$1,349,371$23,826,197
77$35,840,015$3,838,400$1,242,160$26,027,785
78$39,338,480$3,869,266$1,126,556$28,449,255
79$43,188,837$3,896,692$1,002,128$31,112,988
80$47,426,822$3,920,353$868,422$34,043,655
81$52,091,812$3,939,904$724,969$37,268,443
82$57,227,196$3,954,979$571,274$40,817,317
83$62,880,783$3,965,185$406,824$44,723,302
84$69,105,252$3,970,109$231,083$49,022,795
85$75,958,652$3,969,309$43,488$53,755,910
86$83,504,946$3,962,316$0$58,966,859
87$91,814,615$3,948,635$0$64,726,104
88$100,965,324$3,927,735$0$71,073,460
89$111,042,651$3,899,059$0$78,062,161
90$122,140,901$3,862,012$0$85,757,529
91$134,363,986$3,815,964$0$94,231,547
92$147,826,415$3,760,248$0$103,563,546
93$162,654,366$3,694,158$0$113,840,948
94$178,986,883$3,616,943$0$125,160,096
95$196,977,182$3,527,810$0$137,627,162
96$216,794,102$3,425,920$0$151,359,151
97$238,623,692$3,310,382$0$166,485,008
98$262,670,974$3,180,255$0$183,146,831
99$289,161,869$3,034,544$0$201,501,219
100$318,345,337$2,872,194$0$221,720,747