Can I retire at age 45 with 2,170,000?

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 $2,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$179,197$177,600$176,043$174,523$173,039$168,039
2 years$88,711$87,059$85,458$83,905$82,399$77,401
3 years$58,553$56,894$55,297$53,759$52,278$47,438
4 years$43,477$41,823$40,242$38,730$37,285$32,642
5 years$34,434$32,790$31,229$29,749$28,343$23,909
6 years$28,407$26,775$25,238$23,790$22,427$18,205
7 years$24,104$22,486$20,973$19,559$18,239$14,230
8 years$20,878$19,275$17,787$16,408$15,131$11,333
9 years$18,370$16,782$15,320$13,976$12,743$9,151
10 years$16,365$14,793$13,356$12,047$10,857$7,467
11 years$14,726$13,169$11,758$10,485$9,338$6,144
12 years$13,361$11,820$10,435$9,196$8,092$5,088
13 years$12,207$10,682$9,323$8,119$7,056$4,235
14 years$11,218$9,709$8,377$7,207$6,185$3,541
15 years$10,362$8,870$7,563$6,428$5,446$2,970
16 years$9,614$8,138$6,857$5,755$4,813$2,499
17 years$8,954$7,494$6,240$5,171$4,268$2,107
18 years$8,369$6,925$5,696$4,660$3,795$1,780
19 years$7,846$6,418$5,215$4,211$3,382$1,507
20 years$7,375$5,964$4,786$3,814$3,021$1,277
21 years$6,950$5,555$4,402$3,461$2,704$1,083
22 years$6,564$5,186$4,057$3,147$2,423$920
23 years$6,212$4,850$3,746$2,866$2,175$782
24 years$5,890$4,544$3,464$2,614$1,955$665
25 years$5,595$4,265$3,209$2,387$1,759$566
26 years$5,322$4,008$2,976$2,183$1,585$482
27 years$5,070$3,772$2,763$1,998$1,429$411
28 years$4,836$3,554$2,569$1,831$1,289$350
29 years$4,619$3,353$2,391$1,679$1,164$298
30 years$4,417$3,167$2,227$1,541$1,052$254
31 years$4,228$2,994$2,076$1,415$951$217
32 years$4,052$2,832$1,937$1,300$860$185
33 years$3,886$2,682$1,808$1,196$779$158
34 years$3,731$2,542$1,690$1,100$705$135
35 years$3,584$2,411$1,580$1,013$638$115
36 years$3,446$2,289$1,478$933$578$98
37 years$3,316$2,174$1,383$859$524$84
38 years$3,193$2,066$1,295$792$475$72
39 years$3,077$1,964$1,214$730$431$61
40 years$2,967$1,869$1,138$674$391$52
41 years$2,862$1,779$1,067$622$355$44
42 years$2,763$1,694$1,001$574$322$38
43 years$2,668$1,614$939$530$292$32
44 years$2,578$1,539$881$489$265$28
45 years$2,493$1,467$827$452$241$24
46 years$2,411$1,400$777$417$219$20
47 years$2,333$1,336$730$385$198$17
48 years$2,258$1,275$686$356$180$15
49 years$2,187$1,218$645$329$164$13
50 years$2,119$1,163$606$304$149$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,170,000, adding $5,238 every year, while hoping to spend $48,215 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: 53/20/27 Blend
44$2,170,000$2,170,000$2,170,000$2,170,000
45$2,396,743$2,281,733$2,248,098$2,505,476
46$2,589,910$2,342,238$2,272,109$2,641,825
47$2,801,165$2,404,091$2,295,308$2,784,779
48$3,032,301$2,467,308$2,317,618$2,939,386
49$3,285,293$2,531,904$2,338,955$3,106,780
50$3,562,316$2,597,891$2,359,234$3,288,211
51$3,865,767$2,665,282$2,378,363$3,485,054
52$4,198,283$2,734,088$2,396,246$3,698,826
53$4,562,769$2,804,319$2,412,781$3,931,198
54$4,962,424$2,875,984$2,427,862$4,184,011
55$5,400,774$2,949,090$2,441,378$4,459,293
56$5,881,699$3,023,641$2,453,210$4,759,281
57$6,409,474$3,099,642$2,463,235$5,086,436
58$6,988,810$3,177,094$2,471,323$5,443,475
59$7,624,893$3,255,996$2,477,337$5,833,389
60$8,323,439$3,336,346$2,481,134$6,259,475
61$9,090,742$3,418,139$2,482,564$6,725,367
62$9,933,736$3,501,367$2,481,469$7,235,069
63$10,860,061$3,586,018$2,477,682$7,792,995
64$11,878,134$3,672,080$2,471,031$8,404,010
65$12,997,226$3,759,534$2,461,333$9,073,475
66$14,227,553$3,848,361$2,448,397$9,807,298
67$15,580,368$3,938,535$2,432,023$10,611,992
68$17,068,071$4,030,028$2,412,001$11,494,734
69$18,704,322$4,122,808$2,388,111$12,463,435
70$20,504,173$4,216,836$2,360,123$13,526,813
71$22,484,208$4,312,069$2,327,796$14,694,479
72$24,662,697$4,408,461$2,290,877$15,977,024
73$27,059,772$4,505,956$2,249,102$17,386,121
74$29,697,616$4,604,495$2,202,194$18,934,637
75$32,600,669$4,704,011$2,149,864$20,636,751
76$35,795,861$4,804,431$2,091,808$22,508,092
77$39,312,866$4,905,675$2,027,710$24,565,887
78$43,184,378$5,007,653$1,957,238$26,829,121
79$47,446,425$5,110,269$1,880,046$29,318,719
80$52,138,704$5,213,415$1,795,771$32,057,743
81$57,304,956$5,316,977$1,704,035$35,071,611
82$62,993,382$5,420,830$1,604,440$38,388,338
83$69,257,092$5,524,835$1,496,574$42,038,801
84$76,154,609$5,628,846$1,380,003$46,057,029
85$83,750,422$5,732,702$1,254,275$50,480,528
86$92,115,591$5,836,230$1,118,920$55,350,634
87$101,328,420$5,939,244$973,442$60,712,903
88$111,475,194$6,041,543$817,328$66,617,548
89$122,650,995$6,142,909$650,039$73,119,905
90$134,960,595$6,243,110$471,014$80,280,963
91$148,519,449$6,341,896$279,666$88,167,939
92$163,454,781$6,438,998$75,384$96,854,913
93$179,906,788$6,534,127$0$106,423,529
94$198,029,957$6,626,976$0$117,004,856
95$217,994,529$6,717,214$0$128,682,819
96$239,988,100$6,804,487$0$141,545,172
97$264,217,397$6,888,418$0$155,712,574
98$290,910,224$6,968,603$0$171,317,989
99$320,317,612$7,044,610$0$188,507,943
100$352,716,193$7,115,980$0$207,443,908