Can I retire at age 45 with 2,150,000?

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$177,545$175,964$174,421$172,915$171,444$164,772
2 years$87,894$86,257$84,670$83,132$81,640$74,999
3 years$58,014$56,370$54,787$53,263$51,796$45,394
4 years$43,077$41,438$39,871$38,373$36,941$30,828
5 years$34,117$32,488$30,942$29,474$28,082$22,273
6 years$28,145$26,529$25,005$23,571$22,220$16,719
7 years$23,882$22,279$20,780$19,379$18,071$12,876
8 years$20,686$19,097$17,623$16,257$14,992$10,098
9 years$18,201$16,627$15,178$13,847$12,625$8,025
10 years$16,215$14,656$13,233$11,936$10,757$6,442
11 years$14,590$13,048$11,650$10,388$9,252$5,212
12 years$13,238$11,711$10,339$9,112$8,017$4,242
13 years$12,094$10,583$9,237$8,044$6,991$3,469
14 years$11,115$9,620$8,300$7,141$6,128$2,848
15 years$10,267$8,788$7,494$6,368$5,396$2,346
16 years$9,525$8,063$6,794$5,702$4,769$1,936
17 years$8,872$7,425$6,182$5,123$4,229$1,602
18 years$8,292$6,861$5,644$4,617$3,760$1,328
19 years$7,773$6,359$5,166$4,172$3,351$1,102
20 years$7,307$5,909$4,742$3,779$2,993$915
21 years$6,886$5,504$4,361$3,429$2,679$761
22 years$6,504$5,138$4,020$3,118$2,401$633
23 years$6,155$4,805$3,711$2,840$2,155$527
24 years$5,836$4,502$3,432$2,590$1,937$439
25 years$5,543$4,225$3,179$2,365$1,743$366
26 years$5,273$3,971$2,948$2,163$1,570$305
27 years$5,023$3,737$2,738$1,980$1,416$255
28 years$4,792$3,522$2,545$1,814$1,277$213
29 years$4,577$3,322$2,369$1,663$1,153$177
30 years$4,376$3,137$2,206$1,526$1,042$148
31 years$4,189$2,966$2,057$1,402$942$124
32 years$4,014$2,806$1,919$1,288$852$103
33 years$3,850$2,658$1,792$1,185$771$86
34 years$3,696$2,519$1,674$1,090$698$72
35 years$3,551$2,389$1,565$1,003$633$60
36 years$3,415$2,268$1,464$924$573$50
37 years$3,286$2,154$1,370$852$519$42
38 years$3,164$2,047$1,283$785$471$35
39 years$3,049$1,946$1,202$724$427$29
40 years$2,939$1,852$1,127$667$387$24
41 years$2,836$1,763$1,057$616$351$20
42 years$2,737$1,679$991$568$319$17
43 years$2,644$1,599$930$525$289$14
44 years$2,555$1,525$873$484$263$12
45 years$2,470$1,454$820$447$238$10
46 years$2,389$1,387$770$413$217$8
47 years$2,311$1,324$723$382$197$7
48 years$2,237$1,264$680$353$179$6
49 years$2,167$1,207$639$326$162$5
50 years$2,099$1,153$601$301$147$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,150,000, adding $2,910 every year, while hoping to spend $23,372 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: 68/21/11 Blend
44$2,150,000$2,150,000$2,150,000$2,150,000
45$2,372,302$2,258,352$2,225,027$2,527,902
46$2,589,409$2,344,143$2,274,697$2,717,462
47$2,827,878$2,433,355$2,325,249$2,921,626
48$3,089,862$2,526,131$2,376,686$3,144,299
49$3,377,736$2,622,619$2,429,012$3,387,293
50$3,694,113$2,722,975$2,482,232$3,652,603
51$4,041,873$2,827,362$2,536,348$3,942,422
52$4,424,190$2,935,949$2,591,362$4,259,167
53$4,844,561$3,048,913$2,647,275$4,605,495
54$5,306,835$3,166,439$2,704,089$4,984,335
55$5,815,258$3,288,721$2,761,801$5,398,909
56$6,374,505$3,415,958$2,820,412$5,852,765
57$6,989,726$3,548,362$2,879,917$6,349,808
58$7,666,598$3,686,152$2,940,315$6,894,341
59$8,411,375$3,829,557$3,001,599$7,491,099
60$9,230,946$3,978,816$3,063,764$8,145,299
61$10,132,905$4,134,180$3,126,802$8,862,683
62$11,125,616$4,295,910$3,190,704$9,649,577
63$12,218,297$4,464,278$3,255,461$10,512,947
64$13,421,104$4,639,568$3,321,060$11,460,465
65$14,745,229$4,822,079$3,387,487$12,500,583
66$16,203,002$5,012,121$3,454,728$13,642,606
67$17,808,012$5,210,018$3,522,765$14,896,787
68$19,575,230$5,416,110$3,591,578$16,274,417
69$21,521,154$5,630,750$3,661,147$17,787,937
70$23,663,964$5,854,309$3,731,448$19,451,046
71$26,023,692$6,087,174$3,802,455$21,278,840
72$28,622,411$6,329,748$3,874,140$23,287,944
73$31,484,446$6,582,454$3,946,472$25,496,675
74$34,636,598$6,845,733$4,019,417$27,925,213
75$38,108,402$7,120,046$4,092,940$30,595,787
76$41,932,406$7,405,874$4,166,999$33,532,887
77$46,144,471$7,703,722$4,241,554$36,763,495
78$50,784,118$8,014,115$4,316,557$40,317,335
79$55,894,896$8,337,605$4,391,960$44,227,157
80$61,524,794$8,674,766$4,467,708$48,529,044
81$67,726,692$9,026,199$4,543,746$53,262,747
82$74,558,865$9,392,533$4,620,012$58,472,067
83$82,085,527$9,774,425$4,696,440$64,205,262
84$90,377,441$10,172,561$4,772,961$70,515,501
85$99,512,584$10,587,661$4,849,499$77,461,368
86$109,576,886$11,020,476$4,925,976$85,107,411
87$120,665,039$11,471,789$5,002,307$93,524,752
88$132,881,390$11,942,424$5,078,401$102,791,756
89$146,340,926$12,433,237$5,154,162$112,994,769
90$161,170,363$12,945,128$5,229,489$124,228,932
91$177,509,337$13,479,036$5,304,273$136,599,077
92$195,511,723$14,035,942$5,378,400$150,220,716
93$215,347,090$14,616,875$5,451,747$165,221,131
94$237,202,299$15,222,908$5,524,187$181,740,569
95$261,283,268$15,855,165$5,595,582$199,933,570
96$287,816,916$16,514,823$5,665,789$219,970,420
97$317,053,303$17,203,110$5,734,654$242,038,759
98$349,267,992$17,921,314$5,802,017$266,345,347
99$384,764,649$18,670,781$5,867,707$293,118,017
100$423,877,912$19,452,918$5,931,544$322,607,824