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%19.2%
1 years$175,893$174,327$172,798$171,306$169,849$163,563
2 years$87,076$85,454$83,883$82,359$80,881$74,618
3 years$57,474$55,845$54,278$52,768$51,314$45,272
4 years$42,676$41,052$39,500$38,016$36,598$30,823
5 years$33,799$32,185$30,654$29,200$27,821$22,328
6 years$27,884$26,282$24,773$23,352$22,014$16,807
7 years$23,660$22,071$20,586$19,199$17,903$12,981
8 years$20,493$18,919$17,459$16,105$14,852$10,210
9 years$18,032$16,473$15,037$13,718$12,508$8,139
10 years$16,064$14,520$13,110$11,825$10,657$6,555
11 years$14,455$12,926$11,542$10,291$9,166$5,320
12 years$13,115$11,602$10,243$9,027$7,943$4,345
13 years$11,982$10,485$9,151$7,969$6,926$3,565
14 years$11,011$9,530$8,223$7,074$6,071$2,937
15 years$10,171$8,706$7,424$6,309$5,346$2,428
16 years$9,437$7,988$6,731$5,649$4,725$2,012
17 years$8,789$7,356$6,125$5,076$4,189$1,670
18 years$8,215$6,798$5,591$4,574$3,725$1,389
19 years$7,701$6,300$5,118$4,133$3,320$1,157
20 years$7,239$5,854$4,697$3,743$2,966$965
21 years$6,822$5,453$4,321$3,397$2,654$806
22 years$6,443$5,090$3,982$3,089$2,379$673
23 years$6,098$4,761$3,677$2,813$2,135$563
24 years$5,782$4,460$3,400$2,566$1,919$471
25 years$5,491$4,186$3,150$2,343$1,727$394
26 years$5,224$3,934$2,921$2,143$1,556$330
27 years$4,977$3,702$2,712$1,961$1,403$276
28 years$4,747$3,489$2,522$1,797$1,266$231
29 years$4,534$3,291$2,347$1,648$1,143$194
30 years$4,336$3,108$2,186$1,512$1,033$163
31 years$4,150$2,938$2,038$1,389$934$136
32 years$3,977$2,780$1,901$1,276$844$114
33 years$3,815$2,633$1,775$1,174$764$96
34 years$3,662$2,495$1,659$1,080$692$80
35 years$3,518$2,367$1,551$994$627$67
36 years$3,383$2,247$1,451$916$568$56
37 years$3,255$2,134$1,358$844$515$47
38 years$3,135$2,028$1,271$778$467$40
39 years$3,020$1,928$1,191$717$423$33
40 years$2,912$1,835$1,117$661$384$28
41 years$2,809$1,746$1,047$610$348$23
42 years$2,712$1,663$982$563$316$20
43 years$2,619$1,585$922$520$287$16
44 years$2,531$1,510$865$480$260$14
45 years$2,447$1,440$812$443$236$12
46 years$2,366$1,374$763$409$215$10
47 years$2,290$1,311$717$378$195$8
48 years$2,217$1,252$674$350$177$7
49 years$2,147$1,195$633$323$161$6
50 years$2,080$1,142$595$299$146$5

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 $4,984 every year, while hoping to spend $44,440 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: 75/13/12 Blend
44$2,130,000$2,130,000$2,130,000$2,130,000
45$2,352,401$2,239,511$2,206,496$2,522,864
46$2,545,062$2,301,963$2,233,130$2,698,474
47$2,755,885$2,365,986$2,259,166$2,884,808
48$2,986,676$2,431,610$2,284,539$3,087,786
49$3,239,422$2,498,864$2,309,177$3,309,046
50$3,516,314$2,567,780$2,333,005$3,550,392
51$3,819,763$2,638,386$2,355,945$3,813,813
52$4,152,425$2,710,712$2,377,915$4,101,497
53$4,517,223$2,784,788$2,398,827$4,415,854
54$4,917,381$2,860,644$2,418,588$4,759,540
55$5,356,446$2,938,308$2,437,103$5,135,480
56$5,838,326$3,017,808$2,454,269$5,546,896
57$6,367,328$3,099,172$2,469,979$5,997,336
58$6,948,192$3,182,429$2,484,120$6,490,710
59$7,586,144$3,267,604$2,496,574$7,031,325
60$8,286,937$3,354,723$2,507,216$7,623,925
61$9,056,913$3,443,812$2,515,916$8,273,737
62$9,903,054$3,534,895$2,522,535$8,986,520
63$10,833,054$3,627,994$2,526,929$9,768,620
64$11,855,392$3,723,132$2,528,947$10,627,025
65$12,979,405$3,820,328$2,528,430$11,569,439
66$14,215,383$3,919,602$2,525,211$12,604,346
67$15,574,660$4,020,972$2,519,114$13,741,097
68$17,069,727$4,124,451$2,509,956$14,989,994
69$18,714,344$4,230,054$2,497,544$16,362,388
70$20,523,673$4,337,792$2,481,677$17,870,786
71$22,514,417$4,447,674$2,462,144$19,528,971
72$24,704,984$4,559,706$2,438,721$21,352,129
73$27,115,652$4,673,891$2,411,178$23,356,991
74$29,768,768$4,790,231$2,379,272$25,561,999
75$32,688,952$4,908,722$2,342,747$27,987,468
76$35,903,333$5,029,357$2,301,337$30,655,787
77$39,441,804$5,152,128$2,254,764$33,591,628
78$43,337,305$5,277,018$2,202,734$36,822,176
79$47,626,127$5,404,009$2,144,944$40,377,388
80$52,348,265$5,533,079$2,081,072$44,290,275
81$57,547,786$5,664,197$2,010,786$48,597,214
82$63,273,248$5,797,330$1,933,734$53,338,291
83$69,578,157$5,932,438$1,849,553$58,557,678
84$76,521,476$6,069,474$1,757,859$64,304,054
85$84,168,172$6,208,384$1,658,254$70,631,060
86$92,589,839$6,349,108$1,550,319$77,597,806
87$101,865,367$6,491,578$1,433,618$85,269,432
88$112,081,686$6,635,717$1,307,696$93,717,721
89$123,334,590$6,781,440$1,172,076$103,021,775
90$135,729,638$6,928,651$1,026,261$113,268,765
91$149,383,152$7,077,245$869,731$124,554,751
92$164,423,310$7,227,107$701,943$136,985,592
93$180,991,361$7,378,108$522,332$150,677,942
94$199,242,955$7,530,111$330,305$165,760,354
95$219,349,611$7,682,961$125,246$182,374,491
96$241,500,339$7,836,494$0$200,676,469
97$265,903,418$7,990,526$0$220,850,305
98$292,788,368$8,144,863$0$243,091,494
99$322,408,111$8,299,291$0$267,592,993
100$355,041,361$8,453,579$0$294,585,128