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

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$177,545$175,964$174,421$172,915$171,444$166,356
2 years$87,894$86,257$84,670$83,132$81,640$76,556
3 years$58,014$56,370$54,787$53,263$51,796$46,875
4 years$43,077$41,438$39,871$38,373$36,941$32,221
5 years$34,117$32,488$30,942$29,474$28,082$23,576
6 years$28,145$26,529$25,005$23,571$22,220$17,933
7 years$23,882$22,279$20,780$19,379$18,071$14,001
8 years$20,686$19,097$17,623$16,257$14,992$11,137
9 years$18,201$16,627$15,178$13,847$12,625$8,982
10 years$16,215$14,656$13,233$11,936$10,757$7,320
11 years$14,590$13,048$11,650$10,388$9,252$6,015
12 years$13,238$11,711$10,339$9,112$8,017$4,975
13 years$12,094$10,583$9,237$8,044$6,991$4,135
14 years$11,115$9,620$8,300$7,141$6,128$3,452
15 years$10,267$8,788$7,494$6,368$5,396$2,892
16 years$9,525$8,063$6,794$5,702$4,769$2,429
17 years$8,872$7,425$6,182$5,123$4,229$2,046
18 years$8,292$6,861$5,644$4,617$3,760$1,726
19 years$7,773$6,359$5,166$4,172$3,351$1,458
20 years$7,307$5,909$4,742$3,779$2,993$1,234
21 years$6,886$5,504$4,361$3,429$2,679$1,045
22 years$6,504$5,138$4,020$3,118$2,401$887
23 years$6,155$4,805$3,711$2,840$2,155$752
24 years$5,836$4,502$3,432$2,590$1,937$639
25 years$5,543$4,225$3,179$2,365$1,743$543
26 years$5,273$3,971$2,948$2,163$1,570$462
27 years$5,023$3,737$2,738$1,980$1,416$393
28 years$4,792$3,522$2,545$1,814$1,277$334
29 years$4,577$3,322$2,369$1,663$1,153$284
30 years$4,376$3,137$2,206$1,526$1,042$242
31 years$4,189$2,966$2,057$1,402$942$206
32 years$4,014$2,806$1,919$1,288$852$175
33 years$3,850$2,658$1,792$1,185$771$149
34 years$3,696$2,519$1,674$1,090$698$127
35 years$3,551$2,389$1,565$1,003$633$108
36 years$3,415$2,268$1,464$924$573$92
37 years$3,286$2,154$1,370$852$519$79
38 years$3,164$2,047$1,283$785$471$67
39 years$3,049$1,946$1,202$724$427$57
40 years$2,939$1,852$1,127$667$387$49
41 years$2,836$1,763$1,057$616$351$42
42 years$2,737$1,679$991$568$319$35
43 years$2,644$1,599$930$525$289$30
44 years$2,555$1,525$873$484$263$26
45 years$2,470$1,454$820$447$238$22
46 years$2,389$1,387$770$413$217$19
47 years$2,311$1,324$723$382$197$16
48 years$2,237$1,264$680$353$179$14
49 years$2,167$1,207$639$326$162$12
50 years$2,099$1,153$601$301$147$10

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 $4,854 every year, while hoping to spend $29,384 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: 62/29/9 Blend
44$2,150,000$2,150,000$2,150,000$2,150,000
45$2,374,307$2,260,357$2,227,032$2,516,589
46$2,585,222$2,339,850$2,270,373$2,691,827
47$2,816,665$2,422,254$2,314,181$2,879,181
48$3,070,700$2,507,679$2,358,441$3,082,933
49$3,349,599$2,596,242$2,403,136$3,304,671
50$3,655,864$2,688,064$2,448,248$3,546,140
51$3,992,254$2,783,271$2,493,755$3,809,260
52$4,361,805$2,881,993$2,539,638$4,096,145
53$4,767,864$2,984,365$2,585,871$4,409,120
54$5,214,118$3,090,531$2,632,429$4,750,743
55$5,704,627$3,200,636$2,679,284$5,123,834
56$6,243,866$3,314,835$2,726,408$5,531,492
57$6,836,765$3,433,286$2,773,767$5,977,132
58$7,488,754$3,556,156$2,821,327$6,464,511
59$8,205,818$3,683,618$2,869,052$6,997,766
60$8,994,548$3,815,852$2,916,902$7,581,454
61$9,862,208$3,953,045$2,964,834$8,220,591
62$10,816,801$4,095,392$3,012,804$8,920,698
63$11,867,145$4,243,097$3,060,764$9,687,860
64$13,022,956$4,396,371$3,108,661$10,528,773
65$14,294,938$4,555,434$3,156,442$11,450,813
66$15,694,887$4,720,515$3,204,049$12,462,105
67$17,235,800$4,891,855$3,251,419$13,571,595
68$18,931,997$5,069,701$3,298,486$14,789,137
69$20,799,257$5,254,313$3,345,183$16,125,585
70$22,854,969$5,445,962$3,391,433$17,592,895
71$25,118,290$5,644,928$3,437,160$19,204,234
72$27,610,331$5,851,505$3,482,281$20,974,108
73$30,354,354$6,065,999$3,526,707$22,918,495
74$33,375,993$6,288,727$3,570,346$25,054,998
75$36,703,492$6,520,022$3,613,101$27,403,006
76$40,367,975$6,760,230$3,654,866$29,983,881
77$44,403,738$7,009,711$3,695,534$32,821,154
78$48,848,573$7,268,841$3,734,988$35,940,750
79$53,744,125$7,538,011$3,773,107$39,371,230
80$59,136,282$7,817,630$3,809,763$43,144,061
81$65,075,612$8,108,124$3,844,820$47,293,908
82$71,617,838$8,409,935$3,878,135$51,858,966
83$78,824,363$8,723,528$3,909,558$56,881,315
84$86,762,852$9,049,384$3,938,931$62,407,318
85$95,507,865$9,388,007$3,966,088$68,488,058
86$105,141,569$9,739,921$3,990,854$75,179,814
87$115,754,506$10,105,674$4,013,044$82,544,601
88$127,446,450$10,485,836$4,032,465$90,650,743
89$140,327,349$10,881,003$4,048,914$99,573,524
90$154,518,363$11,291,796$4,062,177$109,395,894
91$170,153,005$11,718,864$4,072,029$120,209,252
92$187,378,405$12,162,881$4,078,235$132,114,306
93$206,356,694$12,624,554$4,080,548$145,222,022
94$227,266,537$13,104,618$4,078,707$159,654,673
95$250,304,821$13,603,841$4,072,441$175,546,987
96$275,688,508$14,123,025$4,061,463$193,047,419
97$303,656,688$14,663,005$4,045,474$212,319,553
98$334,472,833$15,224,655$4,024,160$233,543,638
99$368,427,284$15,808,885$3,997,192$256,918,295
100$405,839,993$16,416,647$3,964,224$282,662,385