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%16.5%
1 years$177,545$175,964$174,421$172,915$171,444$166,893
2 years$87,894$86,257$84,670$83,132$81,640$77,087
3 years$58,014$56,370$54,787$53,263$51,796$47,383
4 years$43,077$41,438$39,871$38,373$36,941$32,702
5 years$34,117$32,488$30,942$29,474$28,082$24,029
6 years$28,145$26,529$25,005$23,571$22,220$18,357
7 years$23,882$22,279$20,780$19,379$18,071$14,398
8 years$20,686$19,097$17,623$16,257$14,992$11,507
9 years$18,201$16,627$15,178$13,847$12,625$9,325
10 years$16,215$14,656$13,233$11,936$10,757$7,638
11 years$14,590$13,048$11,650$10,388$9,252$6,308
12 years$13,238$11,711$10,339$9,112$8,017$5,245
13 years$12,094$10,583$9,237$8,044$6,991$4,384
14 years$11,115$9,620$8,300$7,141$6,128$3,680
15 years$10,267$8,788$7,494$6,368$5,396$3,100
16 years$9,525$8,063$6,794$5,702$4,769$2,619
17 years$8,872$7,425$6,182$5,123$4,229$2,218
18 years$8,292$6,861$5,644$4,617$3,760$1,883
19 years$7,773$6,359$5,166$4,172$3,351$1,601
20 years$7,307$5,909$4,742$3,779$2,993$1,363
21 years$6,886$5,504$4,361$3,429$2,679$1,162
22 years$6,504$5,138$4,020$3,118$2,401$991
23 years$6,155$4,805$3,711$2,840$2,155$846
24 years$5,836$4,502$3,432$2,590$1,937$723
25 years$5,543$4,225$3,179$2,365$1,743$619
26 years$5,273$3,971$2,948$2,163$1,570$529
27 years$5,023$3,737$2,738$1,980$1,416$453
28 years$4,792$3,522$2,545$1,814$1,277$388
29 years$4,577$3,322$2,369$1,663$1,153$332
30 years$4,376$3,137$2,206$1,526$1,042$285
31 years$4,189$2,966$2,057$1,402$942$244
32 years$4,014$2,806$1,919$1,288$852$209
33 years$3,850$2,658$1,792$1,185$771$179
34 years$3,696$2,519$1,674$1,090$698$154
35 years$3,551$2,389$1,565$1,003$633$132
36 years$3,415$2,268$1,464$924$573$113
37 years$3,286$2,154$1,370$852$519$97
38 years$3,164$2,047$1,283$785$471$83
39 years$3,049$1,946$1,202$724$427$72
40 years$2,939$1,852$1,127$667$387$61
41 years$2,836$1,763$1,057$616$351$53
42 years$2,737$1,679$991$568$319$45
43 years$2,644$1,599$930$525$289$39
44 years$2,555$1,525$873$484$263$33
45 years$2,470$1,454$820$447$238$29
46 years$2,389$1,387$770$413$217$25
47 years$2,311$1,324$723$382$197$21
48 years$2,237$1,264$680$353$179$18
49 years$2,167$1,207$639$326$162$15
50 years$2,099$1,153$601$301$147$13

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 $2,635 every year, while hoping to spend $54,218 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: 47/31/22 Blend
44$2,150,000$2,150,000$2,150,000$2,150,000
45$2,372,018$2,258,068$2,224,743$2,468,512
46$2,556,276$2,311,026$2,241,584$2,589,256
47$2,757,512$2,364,761$2,257,173$2,714,631
48$2,977,399$2,419,256$2,271,409$2,849,609
49$3,217,781$2,474,487$2,284,189$2,995,115
50$3,480,688$2,530,430$2,295,402$3,152,168
51$3,768,354$2,587,057$2,304,934$3,321,888
52$4,083,240$2,644,336$2,312,663$3,505,514
53$4,428,056$2,702,234$2,318,463$3,704,409
54$4,805,785$2,760,711$2,322,199$3,920,074
55$5,219,714$2,819,724$2,323,731$4,154,168
56$5,673,461$2,879,227$2,322,912$4,408,514
57$6,171,012$2,939,168$2,319,588$4,685,127
58$6,716,758$2,999,489$2,313,597$4,986,225
59$7,315,533$3,060,130$2,304,768$5,314,253
60$7,972,664$3,121,023$2,292,924$5,671,907
61$8,694,017$3,182,094$2,277,879$6,062,162
62$9,486,054$3,243,265$2,259,435$6,488,292
63$10,355,895$3,304,448$2,237,389$6,953,911
64$11,311,380$3,365,550$2,211,526$7,463,002
65$12,361,150$3,426,471$2,181,621$8,019,954
66$13,514,720$3,487,101$2,147,438$8,629,610
67$14,782,575$3,547,322$2,108,731$9,297,304
68$16,176,266$3,607,010$2,065,242$10,028,919
69$17,708,519$3,666,027$2,016,702$10,830,943
70$19,393,353$3,724,227$1,962,826$11,710,524
71$21,246,215$3,781,454$1,903,321$12,675,545
72$23,284,123$3,837,540$1,837,876$13,734,695
73$25,525,828$3,892,303$1,766,169$14,897,555
74$27,991,989$3,945,552$1,687,862$16,174,686
75$30,705,367$3,997,080$1,602,601$17,577,729
76$33,691,043$4,046,666$1,510,017$19,119,519
77$36,976,651$4,094,074$1,409,724$20,814,204
78$40,592,638$4,139,052$1,301,318$22,677,382
79$44,572,553$4,181,331$1,184,378$24,726,245
80$48,953,363$4,220,626$1,058,464$26,979,747
81$53,775,799$4,256,630$923,116$29,458,781
82$59,084,743$4,289,018$777,853$32,186,379
83$64,929,650$4,317,442$622,174$35,187,928
84$71,365,012$4,341,535$455,555$38,491,414
85$78,450,877$4,360,904$277,449$42,127,685
86$86,253,408$4,375,130$87,286$46,130,747
87$94,845,515$4,383,770$0$50,538,081
88$104,307,536$4,386,354$0$55,418,152
89$114,727,998$4,382,378$0$60,812,985
90$126,204,451$4,371,313$0$66,752,419
91$138,844,391$4,352,592$0$73,291,946
92$152,766,267$4,325,617$0$80,492,719
93$168,100,606$4,289,753$0$88,422,137
94$184,991,242$4,244,324$0$97,154,476
95$203,596,670$4,188,618$0$106,771,593
96$224,091,546$4,121,876$0$117,363,702
97$246,668,332$4,043,297$0$129,030,226
98$271,539,113$3,952,029$0$141,880,732
99$298,937,598$3,847,174$0$156,035,976
100$329,121,326$3,727,778$0$171,629,034