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%13.2%
1 years$177,545$175,964$174,421$172,915$171,444$169,161
2 years$87,894$86,257$84,670$83,132$81,640$79,344
3 years$58,014$56,370$54,787$53,263$51,796$49,558
4 years$43,077$41,438$39,871$38,373$36,941$34,778
5 years$34,117$32,488$30,942$29,474$28,082$26,001
6 years$28,145$26,529$25,005$23,571$22,220$20,223
7 years$23,882$22,279$20,780$19,379$18,071$16,158
8 years$20,686$19,097$17,623$16,257$14,992$13,163
9 years$18,201$16,627$15,178$13,847$12,625$10,880
10 years$16,215$14,656$13,233$11,936$10,757$9,095
11 years$14,590$13,048$11,650$10,388$9,252$7,670
12 years$13,238$11,711$10,339$9,112$8,017$6,515
13 years$12,094$10,583$9,237$8,044$6,991$5,566
14 years$11,115$9,620$8,300$7,141$6,128$4,778
15 years$10,267$8,788$7,494$6,368$5,396$4,118
16 years$9,525$8,063$6,794$5,702$4,769$3,561
17 years$8,872$7,425$6,182$5,123$4,229$3,089
18 years$8,292$6,861$5,644$4,617$3,760$2,685
19 years$7,773$6,359$5,166$4,172$3,351$2,339
20 years$7,307$5,909$4,742$3,779$2,993$2,041
21 years$6,886$5,504$4,361$3,429$2,679$1,784
22 years$6,504$5,138$4,020$3,118$2,401$1,562
23 years$6,155$4,805$3,711$2,840$2,155$1,368
24 years$5,836$4,502$3,432$2,590$1,937$1,200
25 years$5,543$4,225$3,179$2,365$1,743$1,054
26 years$5,273$3,971$2,948$2,163$1,570$926
27 years$5,023$3,737$2,738$1,980$1,416$814
28 years$4,792$3,522$2,545$1,814$1,277$716
29 years$4,577$3,322$2,369$1,663$1,153$630
30 years$4,376$3,137$2,206$1,526$1,042$555
31 years$4,189$2,966$2,057$1,402$942$489
32 years$4,014$2,806$1,919$1,288$852$431
33 years$3,850$2,658$1,792$1,185$771$380
34 years$3,696$2,519$1,674$1,090$698$335
35 years$3,551$2,389$1,565$1,003$633$295
36 years$3,415$2,268$1,464$924$573$260
37 years$3,286$2,154$1,370$852$519$230
38 years$3,164$2,047$1,283$785$471$203
39 years$3,049$1,946$1,202$724$427$179
40 years$2,939$1,852$1,127$667$387$158
41 years$2,836$1,763$1,057$616$351$139
42 years$2,737$1,679$991$568$319$123
43 years$2,644$1,599$930$525$289$109
44 years$2,555$1,525$873$484$263$96
45 years$2,470$1,454$820$447$238$85
46 years$2,389$1,387$770$413$217$75
47 years$2,311$1,324$723$382$197$66
48 years$2,237$1,264$680$353$179$58
49 years$2,167$1,207$639$326$162$51
50 years$2,099$1,153$601$301$147$45

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 $2,146 every year, while hoping to spend $34,342 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: 55/33/12 Blend
44$2,150,000$2,150,000$2,150,000$2,150,000
45$2,371,514$2,257,564$2,224,239$2,494,556
46$2,576,868$2,331,645$2,262,211$2,652,332
47$2,802,018$2,408,205$2,300,304$2,820,111
48$3,048,946$2,487,329$2,338,487$3,001,990
49$3,319,836$2,569,105$2,376,724$3,199,321
50$3,617,094$2,653,626$2,414,978$3,413,588
51$3,943,369$2,740,985$2,453,211$3,646,425
52$4,301,579$2,831,280$2,491,381$3,899,630
53$4,694,941$2,924,613$2,529,443$4,175,182
54$5,126,996$3,021,090$2,567,350$4,475,258
55$5,601,645$3,120,819$2,605,051$4,802,255
56$6,123,187$3,223,913$2,642,495$5,158,809
57$6,696,356$3,330,489$2,679,623$5,547,825
58$7,326,370$3,440,669$2,716,376$5,972,499
59$8,018,975$3,554,577$2,752,690$6,436,349
60$8,780,504$3,672,344$2,788,498$6,943,252
61$9,617,931$3,794,105$2,823,728$7,497,471
62$10,538,944$3,920,000$2,858,307$8,103,706
63$11,552,009$4,050,173$2,892,153$8,767,129
64$12,666,457$4,184,774$2,925,183$9,493,435
65$13,892,566$4,323,959$2,957,308$10,288,900
66$15,241,664$4,467,890$2,988,434$11,160,431
67$16,726,230$4,616,732$3,018,462$12,115,639
68$18,360,014$4,770,661$3,047,289$13,162,904
69$20,158,167$4,929,854$3,074,805$14,311,459
70$22,137,383$5,094,500$3,100,893$15,571,471
71$24,316,055$5,264,790$3,125,433$16,954,142
72$26,714,453$5,440,925$3,148,295$18,471,810
73$29,354,910$5,623,112$3,169,345$20,138,066
74$32,262,034$5,811,568$3,188,442$21,967,883
75$35,462,941$6,006,515$3,205,435$23,977,754
76$38,987,512$6,208,185$3,220,168$26,185,852
77$42,868,671$6,416,819$3,232,476$28,612,194
78$47,142,698$6,632,665$3,242,186$31,278,835
79$51,849,570$6,855,983$3,249,116$34,210,072
80$57,033,340$7,087,040$3,253,075$37,432,676
81$62,742,550$7,326,115$3,253,863$40,976,139
82$69,030,693$7,573,496$3,251,270$44,872,956
83$75,956,710$7,829,484$3,245,074$49,158,930
84$83,585,555$8,094,389$3,235,044$53,873,508
85$91,988,802$8,368,535$3,220,939$59,060,153
86$101,245,322$8,652,255$3,202,502$64,766,753
87$111,442,027$8,945,898$3,179,469$71,046,074
88$122,674,691$9,249,825$3,151,558$77,956,254
89$135,048,853$9,564,409$3,118,479$85,561,353
90$148,680,812$9,890,041$3,079,923$93,931,959
91$163,698,725$10,227,123$3,035,571$103,145,847
92$180,243,818$10,576,076$2,985,086$113,288,718
93$198,471,717$10,937,333$2,928,116$124,455,004
94$218,553,917$11,311,347$2,864,293$136,748,760
95$240,679,401$11,698,588$2,793,231$150,284,643
96$265,056,423$12,099,542$2,714,528$165,188,996
97$291,914,476$12,514,717$2,627,762$181,601,035
98$321,506,451$12,944,637$2,532,491$199,674,169
99$354,111,035$13,389,850$2,428,255$219,577,439
100$390,035,330$13,850,922$2,314,571$241,497,119