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

Use the below retirement simulation to view the chances of a successful retirement.
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%11%
1 years$175,893$174,327$172,798$171,306$169,849$169,133
2 years$87,076$85,454$83,883$82,359$80,881$80,158
3 years$57,474$55,845$54,278$52,768$51,314$50,607
4 years$42,676$41,052$39,500$38,016$36,598$35,911
5 years$33,799$32,185$30,654$29,200$27,821$27,158
6 years$27,884$26,282$24,773$23,352$22,014$21,375
7 years$23,660$22,071$20,586$19,199$17,903$17,288
8 years$20,493$18,919$17,459$16,105$14,852$14,262
9 years$18,032$16,473$15,037$13,718$12,508$11,941
10 years$16,064$14,520$13,110$11,825$10,657$10,114
11 years$14,455$12,926$11,542$10,291$9,166$8,646
12 years$13,115$11,602$10,243$9,027$7,943$7,446
13 years$11,982$10,485$9,151$7,969$6,926$6,453
14 years$11,011$9,530$8,223$7,074$6,071$5,620
15 years$10,171$8,706$7,424$6,309$5,346$4,916
16 years$9,437$7,988$6,731$5,649$4,725$4,316
17 years$8,789$7,356$6,125$5,076$4,189$3,801
18 years$8,215$6,798$5,591$4,574$3,725$3,356
19 years$7,701$6,300$5,118$4,133$3,320$2,970
20 years$7,239$5,854$4,697$3,743$2,966$2,634
21 years$6,822$5,453$4,321$3,397$2,654$2,340
22 years$6,443$5,090$3,982$3,089$2,379$2,083
23 years$6,098$4,761$3,677$2,813$2,135$1,856
24 years$5,782$4,460$3,400$2,566$1,919$1,655
25 years$5,491$4,186$3,150$2,343$1,727$1,478
26 years$5,224$3,934$2,921$2,143$1,556$1,321
27 years$4,977$3,702$2,712$1,961$1,403$1,182
28 years$4,747$3,489$2,522$1,797$1,266$1,058
29 years$4,534$3,291$2,347$1,648$1,143$948
30 years$4,336$3,108$2,186$1,512$1,033$850
31 years$4,150$2,938$2,038$1,389$934$762
32 years$3,977$2,780$1,901$1,276$844$684
33 years$3,815$2,633$1,775$1,174$764$614
34 years$3,662$2,495$1,659$1,080$692$551
35 years$3,518$2,367$1,551$994$627$495
36 years$3,383$2,247$1,451$916$568$445
37 years$3,255$2,134$1,358$844$515$400
38 years$3,135$2,028$1,271$778$467$359
39 years$3,020$1,928$1,191$717$423$323
40 years$2,912$1,835$1,117$661$384$291
41 years$2,809$1,746$1,047$610$348$261
42 years$2,712$1,663$982$563$316$235
43 years$2,619$1,585$922$520$287$212
44 years$2,531$1,510$865$480$260$190
45 years$2,447$1,440$812$443$236$171
46 years$2,366$1,374$763$409$215$154
47 years$2,290$1,311$717$378$195$139
48 years$2,217$1,252$674$350$177$125
49 years$2,147$1,195$633$323$161$113
50 years$2,080$1,142$595$299$146$101

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 $3,012 every year, while hoping to spend $43,207 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: 58/34/8 Blend
44$2,130,000$2,130,000$2,130,000$2,130,000
45$2,350,367$2,237,477$2,204,462$2,482,300
46$2,544,132$2,301,141$2,232,339$2,635,011
47$2,756,214$2,366,477$2,259,703$2,796,244
48$2,988,434$2,433,521$2,286,489$2,970,914
49$3,242,800$2,502,309$2,312,632$3,160,310
50$3,521,521$2,572,878$2,338,061$3,365,855
51$3,827,033$2,645,266$2,362,703$3,589,110
52$4,162,016$2,719,510$2,386,479$3,831,796
53$4,529,424$2,795,647$2,409,308$4,095,807
54$4,932,507$2,873,716$2,431,102$4,383,229
55$5,374,849$2,953,754$2,451,770$4,696,358
56$5,860,395$3,035,800$2,471,216$5,037,720
57$6,393,493$3,119,892$2,489,339$5,410,100
58$6,978,930$3,206,067$2,506,033$5,816,563
59$7,621,980$3,294,363$2,521,184$6,260,485
60$8,328,454$3,384,819$2,534,676$6,745,582
61$9,104,753$3,477,472$2,546,384$7,275,951
62$9,957,928$3,572,359$2,556,179$7,856,099
63$10,895,749$3,669,517$2,563,923$8,490,996
64$11,926,774$3,768,982$2,569,473$9,186,113
65$13,060,433$3,870,790$2,572,678$9,947,477
66$14,307,115$3,974,976$2,573,380$10,781,728
67$15,678,266$4,081,575$2,571,413$11,696,181
68$17,186,496$4,190,619$2,566,603$12,698,894
69$18,845,701$4,302,142$2,558,767$13,798,744
70$20,671,189$4,416,174$2,547,712$15,005,511
71$22,679,829$4,532,745$2,533,239$16,329,973
72$24,890,206$4,651,884$2,515,137$17,783,999
73$27,322,798$4,773,617$2,493,185$19,380,672
74$30,000,169$4,897,969$2,467,152$21,134,402
75$32,947,180$5,024,964$2,436,796$23,061,069
76$36,191,227$5,154,622$2,401,863$25,178,169
77$39,762,495$5,286,961$2,362,088$27,504,980
78$43,694,245$5,421,998$2,317,194$30,062,745
79$48,023,127$5,559,744$2,266,888$32,874,869
80$52,789,525$5,700,210$2,210,868$35,967,143
81$58,037,938$5,843,403$2,148,814$39,367,986
82$63,817,402$5,989,324$2,080,393$43,108,712
83$70,181,948$6,137,972$2,005,258$47,223,827
84$77,191,117$6,289,342$1,923,043$51,751,355
85$84,910,514$6,443,423$1,833,369$56,733,195
86$93,412,436$6,600,201$1,735,836$62,215,517
87$102,776,547$6,759,653$1,630,029$68,249,197
88$113,090,633$6,921,754$1,515,513$74,890,300
89$124,451,428$7,086,470$1,391,834$82,200,606
90$136,965,529$7,253,763$1,258,515$90,248,194
91$150,750,400$7,423,584$1,115,063$99,108,085
92$165,935,481$7,595,880$960,958$108,862,950
93$182,663,409$7,770,588$795,659$119,603,891
94$201,091,366$7,947,635$618,602$131,431,298
95$221,392,556$8,126,941$429,197$144,455,802
96$243,757,850$8,308,413$226,828$158,799,315
97$268,397,575$8,491,950$10,851$174,596,181
98$295,543,510$8,677,438$0$191,994,448
99$325,451,066$8,864,751$0$211,176,011
100$358,401,699$9,053,748$0$232,304,114