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%15.9%
1 years$177,545$175,964$174,421$172,915$171,444$167,299
2 years$87,894$86,257$84,670$83,132$81,640$77,489
3 years$58,014$56,370$54,787$53,263$51,796$47,769
4 years$43,077$41,438$39,871$38,373$36,941$33,069
5 years$34,117$32,488$30,942$29,474$28,082$24,375
6 years$28,145$26,529$25,005$23,571$22,220$18,683
7 years$23,882$22,279$20,780$19,379$18,071$14,703
8 years$20,686$19,097$17,623$16,257$14,992$11,792
9 years$18,201$16,627$15,178$13,847$12,625$9,591
10 years$16,215$14,656$13,233$11,936$10,757$7,885
11 years$14,590$13,048$11,650$10,388$9,252$6,537
12 years$13,238$11,711$10,339$9,112$8,017$5,457
13 years$12,094$10,583$9,237$8,044$6,991$4,579
14 years$11,115$9,620$8,300$7,141$6,128$3,860
15 years$10,267$8,788$7,494$6,368$5,396$3,265
16 years$9,525$8,063$6,794$5,702$4,769$2,771
17 years$8,872$7,425$6,182$5,123$4,229$2,357
18 years$8,292$6,861$5,644$4,617$3,760$2,009
19 years$7,773$6,359$5,166$4,172$3,351$1,716
20 years$7,307$5,909$4,742$3,779$2,993$1,467
21 years$6,886$5,504$4,361$3,429$2,679$1,257
22 years$6,504$5,138$4,020$3,118$2,401$1,077
23 years$6,155$4,805$3,711$2,840$2,155$924
24 years$5,836$4,502$3,432$2,590$1,937$794
25 years$5,543$4,225$3,179$2,365$1,743$682
26 years$5,273$3,971$2,948$2,163$1,570$586
27 years$5,023$3,737$2,738$1,980$1,416$504
28 years$4,792$3,522$2,545$1,814$1,277$434
29 years$4,577$3,322$2,369$1,663$1,153$374
30 years$4,376$3,137$2,206$1,526$1,042$322
31 years$4,189$2,966$2,057$1,402$942$277
32 years$4,014$2,806$1,919$1,288$852$239
33 years$3,850$2,658$1,792$1,185$771$206
34 years$3,696$2,519$1,674$1,090$698$177
35 years$3,551$2,389$1,565$1,003$633$153
36 years$3,415$2,268$1,464$924$573$132
37 years$3,286$2,154$1,370$852$519$114
38 years$3,164$2,047$1,283$785$471$98
39 years$3,049$1,946$1,202$724$427$85
40 years$2,939$1,852$1,127$667$387$73
41 years$2,836$1,763$1,057$616$351$63
42 years$2,737$1,679$991$568$319$54
43 years$2,644$1,599$930$525$289$47
44 years$2,555$1,525$873$484$263$40
45 years$2,470$1,454$820$447$238$35
46 years$2,389$1,387$770$413$217$30
47 years$2,311$1,324$723$382$197$26
48 years$2,237$1,264$680$353$179$22
49 years$2,167$1,207$639$326$162$19
50 years$2,099$1,153$601$301$147$17

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 $6,497 every year, while hoping to spend $33,039 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: 51/20/29 Blend
44$2,150,000$2,150,000$2,150,000$2,150,000
45$2,376,002$2,262,052$2,228,727$2,477,442
46$2,583,201$2,337,739$2,268,236$2,624,607
47$2,810,426$2,416,028$2,307,961$2,780,723
48$3,059,687$2,497,010$2,347,875$2,949,847
49$3,333,194$2,580,783$2,387,948$3,133,234
50$3,633,384$2,667,445$2,428,148$3,332,263
51$3,962,939$2,757,100$2,468,441$3,548,456
52$4,324,816$2,849,855$2,508,791$3,783,484
53$4,722,271$2,945,821$2,549,159$4,039,189
54$5,158,890$3,045,114$2,589,503$4,317,600
55$5,638,625$3,147,852$2,629,780$4,620,948
56$6,165,829$3,254,162$2,669,942$4,951,693
57$6,745,298$3,364,170$2,709,939$5,312,542
58$7,382,315$3,478,011$2,749,719$5,706,476
59$8,082,702$3,595,824$2,789,225$6,136,780
60$8,852,871$3,717,753$2,828,397$6,607,070
61$9,699,887$3,843,946$2,867,172$7,121,329
62$10,631,536$3,974,560$2,905,483$7,683,946
63$11,656,394$4,109,755$2,943,258$8,299,753
64$12,783,912$4,249,699$2,980,423$8,974,073
65$14,024,502$4,394,565$3,016,898$9,712,773
66$15,389,635$4,544,533$3,052,598$10,522,311
67$16,891,953$4,699,790$3,087,435$11,409,805
68$18,545,384$4,860,531$3,121,316$12,383,096
69$20,365,274$5,026,958$3,154,141$13,450,822
70$22,368,532$5,199,280$3,185,805$14,622,499
71$24,573,793$5,377,714$3,216,199$15,908,611
72$27,001,585$5,562,488$3,245,208$17,320,710
73$29,674,532$5,753,835$3,272,707$18,871,524
74$32,617,561$5,952,000$3,298,570$20,575,075
75$35,858,141$6,157,236$3,322,660$22,446,813
76$39,426,537$6,369,807$3,344,836$24,503,761
77$43,356,102$6,589,986$3,364,946$26,764,677
78$47,683,587$6,818,057$3,382,834$29,250,228
79$52,449,488$7,054,317$3,398,334$31,983,187
80$57,698,429$7,299,072$3,411,272$34,988,644
81$63,479,584$7,552,642$3,421,464$38,294,250
82$69,847,138$7,815,357$3,428,720$41,930,469
83$76,860,800$8,087,564$3,432,836$45,930,872
84$84,586,367$8,369,620$3,433,602$50,332,450
85$93,096,344$8,661,899$3,430,795$55,175,964
86$102,470,627$8,964,788$3,424,182$60,506,328
87$112,797,258$9,278,690$3,413,519$66,373,036
88$124,173,256$9,604,023$3,398,550$72,830,625
89$136,705,533$9,941,225$3,379,005$79,939,193
90$150,511,899$10,290,747$3,354,604$87,764,964
91$165,722,181$10,653,061$3,325,051$96,380,913
92$182,479,440$11,028,658$3,290,038$105,867,454
93$200,941,328$11,418,048$3,249,239$116,313,200
94$221,281,572$11,821,760$3,202,317$127,815,800
95$243,691,614$12,240,348$3,148,916$140,482,857
96$268,382,419$12,674,385$3,088,665$154,432,948
97$295,586,465$13,124,469$3,021,175$169,796,739
98$325,559,938$13,591,223$2,946,038$186,718,222
99$358,585,151$14,075,292$2,862,829$205,356,068
100$394,973,206$14,577,350$2,771,104$225,885,132