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

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 $2,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$179,197$177,600$176,043$174,523$173,039$167,366
2 years$88,711$87,059$85,458$83,905$82,399$76,738
3 years$58,553$56,894$55,297$53,759$52,278$46,806
4 years$43,477$41,823$40,242$38,730$37,285$32,044
5 years$34,434$32,790$31,229$29,749$28,343$23,348
6 years$28,407$26,775$25,238$23,790$22,427$17,681
7 years$24,104$22,486$20,973$19,559$18,239$13,742
8 years$20,878$19,275$17,787$16,408$15,131$10,880
9 years$18,370$16,782$15,320$13,976$12,743$8,732
10 years$16,365$14,793$13,356$12,047$10,857$7,081
11 years$14,726$13,169$11,758$10,485$9,338$5,788
12 years$13,361$11,820$10,435$9,196$8,092$4,762
13 years$12,207$10,682$9,323$8,119$7,056$3,937
14 years$11,218$9,709$8,377$7,207$6,185$3,268
15 years$10,362$8,870$7,563$6,428$5,446$2,723
16 years$9,614$8,138$6,857$5,755$4,813$2,274
17 years$8,954$7,494$6,240$5,171$4,268$1,904
18 years$8,369$6,925$5,696$4,660$3,795$1,596
19 years$7,846$6,418$5,215$4,211$3,382$1,341
20 years$7,375$5,964$4,786$3,814$3,021$1,128
21 years$6,950$5,555$4,402$3,461$2,704$950
22 years$6,564$5,186$4,057$3,147$2,423$800
23 years$6,212$4,850$3,746$2,866$2,175$675
24 years$5,890$4,544$3,464$2,614$1,955$569
25 years$5,595$4,265$3,209$2,387$1,759$481
26 years$5,322$4,008$2,976$2,183$1,585$406
27 years$5,070$3,772$2,763$1,998$1,429$343
28 years$4,836$3,554$2,569$1,831$1,289$290
29 years$4,619$3,353$2,391$1,679$1,164$245
30 years$4,417$3,167$2,227$1,541$1,052$207
31 years$4,228$2,994$2,076$1,415$951$175
32 years$4,052$2,832$1,937$1,300$860$148
33 years$3,886$2,682$1,808$1,196$779$126
34 years$3,731$2,542$1,690$1,100$705$106
35 years$3,584$2,411$1,580$1,013$638$90
36 years$3,446$2,289$1,478$933$578$76
37 years$3,316$2,174$1,383$859$524$64
38 years$3,193$2,066$1,295$792$475$55
39 years$3,077$1,964$1,214$730$431$46
40 years$2,967$1,869$1,138$674$391$39
41 years$2,862$1,779$1,067$622$355$33
42 years$2,763$1,694$1,001$574$322$28
43 years$2,668$1,614$939$530$292$24
44 years$2,578$1,539$881$489$265$20
45 years$2,493$1,467$827$452$241$17
46 years$2,411$1,400$777$417$219$14
47 years$2,333$1,336$730$385$198$12
48 years$2,258$1,275$686$356$180$10
49 years$2,187$1,218$645$329$164$9
50 years$2,119$1,163$606$304$149$7

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 $3,080 every year, while hoping to spend $36,039 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: 38/48/14 Blend
44$2,170,000$2,170,000$2,170,000$2,170,000
45$2,394,517$2,279,507$2,245,872$2,475,248
46$2,600,413$2,352,858$2,282,764$2,606,521
47$2,826,102$2,428,595$2,319,683$2,744,588
48$3,073,565$2,506,797$2,356,593$2,893,016
49$3,344,984$2,587,546$2,393,455$3,052,754
50$3,642,763$2,670,925$2,430,226$3,224,844
51$3,969,547$2,757,024$2,466,861$3,410,433
52$4,328,254$2,845,930$2,503,313$3,610,780
53$4,722,093$2,937,738$2,539,532$3,827,269
54$5,154,603$3,032,544$2,575,463$4,061,423
55$5,629,681$3,130,447$2,611,049$4,314,915
56$6,151,620$3,231,551$2,646,231$4,589,588
57$6,725,150$3,335,961$2,680,945$4,887,465
58$7,355,481$3,443,789$2,715,122$5,210,775
59$8,048,354$3,555,148$2,748,692$5,561,968
60$8,810,091$3,670,156$2,781,579$5,943,742
61$9,647,662$3,788,935$2,813,703$6,359,063
62$10,568,741$3,911,610$2,844,980$6,811,198
63$11,581,786$4,038,313$2,875,320$7,303,741
64$12,696,116$4,169,177$2,904,631$7,840,648
65$13,921,996$4,304,343$2,932,812$8,426,276
66$15,270,738$4,443,955$2,959,760$9,065,417
67$16,754,807$4,588,162$2,985,365$9,763,352
68$18,387,933$4,737,118$3,009,511$10,525,891
69$20,185,249$4,890,984$3,032,076$11,359,435
70$22,163,426$5,049,923$3,052,932$12,271,028
71$24,340,834$5,214,109$3,071,945$13,268,431
72$26,737,715$5,383,716$3,088,971$14,360,189
73$29,376,373$5,558,929$3,103,862$15,555,713
74$32,281,384$5,739,937$3,116,462$16,865,366
75$35,479,827$5,926,936$3,126,605$18,300,564
76$39,001,542$6,120,128$3,134,119$19,873,879
77$42,879,409$6,319,724$3,138,822$21,599,162
78$47,149,660$6,525,942$3,140,524$23,491,664
79$51,852,217$6,739,005$3,139,024$25,568,190
80$57,031,074$6,959,148$3,134,112$27,847,249
81$62,734,708$7,186,610$3,125,568$30,349,230
82$69,016,535$7,421,641$3,113,162$33,096,595
83$75,935,420$7,664,500$3,096,652$36,114,090
84$83,556,226$7,915,453$3,075,783$39,428,974
85$91,950,429$8,174,778$3,050,289$43,071,280
86$101,196,792$8,442,762$3,019,893$47,074,095
87$111,382,108$8,719,700$2,984,303$51,473,872
88$122,602,018$9,005,900$2,943,212$56,310,773
89$134,961,916$9,301,681$2,896,301$61,629,045
90$148,577,939$9,607,372$2,843,235$67,477,441
91$163,578,069$9,923,313$2,783,664$73,909,675
92$180,103,335$10,249,859$2,717,220$80,984,931
93$198,309,148$10,587,375$2,643,519$88,768,416
94$218,366,765$10,936,240$2,562,161$97,331,981
95$240,464,907$11,296,847$2,472,725$106,754,789
96$264,811,538$11,669,603$2,374,772$117,124,072
97$291,635,831$12,054,930$2,267,843$128,535,942
98$321,190,327$12,453,263$2,151,457$141,096,305
99$353,753,323$12,865,055$2,025,113$154,921,856
100$389,631,494$13,290,775$1,888,287$170,141,178