Can I retire at age 45 with 2,130,000?

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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$175,893$174,327$172,798$171,306$169,849$164,346
2 years$87,076$85,454$83,883$82,359$80,881$75,388
3 years$57,474$55,845$54,278$52,768$51,314$46,004
4 years$42,676$41,052$39,500$38,016$36,598$31,512
5 years$33,799$32,185$30,654$29,200$27,821$22,972
6 years$27,884$26,282$24,773$23,352$22,014$17,406
7 years$23,660$22,071$20,586$19,199$17,903$13,536
8 years$20,493$18,919$17,459$16,105$14,852$10,723
9 years$18,032$16,473$15,037$13,718$12,508$8,611
10 years$16,064$14,520$13,110$11,825$10,657$6,987
11 years$14,455$12,926$11,542$10,291$9,166$5,715
12 years$13,115$11,602$10,243$9,027$7,943$4,705
13 years$11,982$10,485$9,151$7,969$6,926$3,893
14 years$11,011$9,530$8,223$7,074$6,071$3,234
15 years$10,171$8,706$7,424$6,309$5,346$2,696
16 years$9,437$7,988$6,731$5,649$4,725$2,253
17 years$8,789$7,356$6,125$5,076$4,189$1,888
18 years$8,215$6,798$5,591$4,574$3,725$1,584
19 years$7,701$6,300$5,118$4,133$3,320$1,332
20 years$7,239$5,854$4,697$3,743$2,966$1,121
21 years$6,822$5,453$4,321$3,397$2,654$944
22 years$6,443$5,090$3,982$3,089$2,379$796
23 years$6,098$4,761$3,677$2,813$2,135$672
24 years$5,782$4,460$3,400$2,566$1,919$568
25 years$5,491$4,186$3,150$2,343$1,727$480
26 years$5,224$3,934$2,921$2,143$1,556$406
27 years$4,977$3,702$2,712$1,961$1,403$343
28 years$4,747$3,489$2,522$1,797$1,266$290
29 years$4,534$3,291$2,347$1,648$1,143$245
30 years$4,336$3,108$2,186$1,512$1,033$208
31 years$4,150$2,938$2,038$1,389$934$176
32 years$3,977$2,780$1,901$1,276$844$149
33 years$3,815$2,633$1,775$1,174$764$126
34 years$3,662$2,495$1,659$1,080$692$107
35 years$3,518$2,367$1,551$994$627$90
36 years$3,383$2,247$1,451$916$568$77
37 years$3,255$2,134$1,358$844$515$65
38 years$3,135$2,028$1,271$778$467$55
39 years$3,020$1,928$1,191$717$423$47
40 years$2,912$1,835$1,117$661$384$39
41 years$2,809$1,746$1,047$610$348$33
42 years$2,712$1,663$982$563$316$28
43 years$2,619$1,585$922$520$287$24
44 years$2,531$1,510$865$480$260$20
45 years$2,447$1,440$812$443$236$17
46 years$2,366$1,374$763$409$215$15
47 years$2,290$1,311$717$378$195$12
48 years$2,217$1,252$674$350$177$10
49 years$2,147$1,195$633$323$161$9
50 years$2,080$1,142$595$299$146$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,130,000, adding $5,353 every year, while hoping to spend $53,624 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: 43/46/11 Blend
44$2,130,000$2,130,000$2,130,000$2,130,000
45$2,352,782$2,239,892$2,206,877$2,446,228
46$2,535,710$2,292,591$2,223,751$2,564,644
47$2,735,499$2,346,075$2,239,394$2,687,029
48$2,953,814$2,400,326$2,253,707$2,818,415
49$3,192,484$2,455,323$2,266,588$2,959,648
50$3,453,526$2,511,043$2,277,927$3,111,659
51$3,739,159$2,567,458$2,287,612$3,275,476
52$4,051,829$2,624,538$2,295,522$3,452,227
53$4,394,226$2,682,251$2,301,532$3,643,159
54$4,769,314$2,740,559$2,305,511$3,849,643
55$5,180,359$2,799,420$2,307,320$4,073,191
56$5,630,953$2,858,790$2,306,813$4,315,467
57$6,125,058$2,918,618$2,303,839$4,578,306
58$6,667,033$2,978,850$2,298,237$4,863,731
59$7,261,682$3,039,425$2,289,839$5,173,970
60$7,914,296$3,100,279$2,278,471$5,511,478
61$8,630,702$3,161,341$2,263,948$5,878,962
62$9,417,320$3,222,532$2,246,076$6,279,405
63$10,281,220$3,283,770$2,224,653$6,716,094
64$11,230,193$3,344,963$2,199,468$7,192,653
65$12,272,821$3,406,015$2,170,298$7,713,076
66$13,418,557$3,466,817$2,136,911$8,281,765
67$14,677,816$3,527,258$2,099,064$8,903,574
68$16,062,072$3,587,212$2,056,501$9,583,851
69$17,583,966$3,646,549$2,008,957$10,328,493
70$19,257,426$3,705,125$1,956,153$11,143,998
71$21,097,796$3,762,789$1,897,796$12,037,531
72$23,121,981$3,819,375$1,833,582$13,016,990
73$25,348,607$3,874,709$1,763,191$14,091,080
74$27,798,198$3,928,602$1,686,291$15,269,397
75$30,493,363$3,980,852$1,602,530$16,562,519
76$33,459,017$4,031,245$1,511,546$17,982,106
77$36,722,611$4,079,551$1,412,957$19,541,013
78$40,314,391$4,125,522$1,306,365$21,253,409
79$44,267,684$4,168,898$1,191,353$23,134,911
80$48,619,211$4,209,397$1,067,487$25,202,738
81$53,409,435$4,246,722$934,313$27,475,866
82$58,682,941$4,280,555$791,355$29,975,215
83$64,488,855$4,310,556$638,119$32,723,846
84$70,881,310$4,336,365$474,088$35,747,178
85$77,919,955$4,357,599$298,722$39,073,229
86$85,670,518$4,373,848$111,457$42,732,885
87$94,205,424$4,384,680$0$46,760,189
88$103,604,481$4,389,633$0$51,203,041
89$113,955,629$4,388,216$0$56,107,065
90$125,355,775$4,379,911$0$61,504,833
91$137,911,701$4,364,163$0$67,446,678
92$151,741,075$4,340,387$0$73,988,076
93$166,973,560$4,307,962$0$81,190,168
94$183,752,037$4,266,226$0$89,120,342
95$202,233,956$4,214,482$0$97,852,868
96$222,592,815$4,151,987$0$107,469,603
97$245,019,804$4,077,957$0$118,060,763
98$269,725,605$3,991,558$0$129,725,783
99$296,942,383$3,891,910$0$142,574,247
100$326,925,971$3,778,079$0$156,726,937