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%11.5%
1 years$179,197$177,600$176,043$174,523$173,039$171,948
2 years$88,711$87,059$85,458$83,905$82,399$81,299
3 years$58,553$56,894$55,297$53,759$52,278$51,202
4 years$43,477$41,823$40,242$38,730$37,285$36,242
5 years$34,434$32,790$31,229$29,749$28,343$27,337
6 years$28,407$26,775$25,238$23,790$22,427$21,458
7 years$24,104$22,486$20,973$19,559$18,239$17,307
8 years$20,878$19,275$17,787$16,408$15,131$14,237
9 years$18,370$16,782$15,320$13,976$12,743$11,886
10 years$16,365$14,793$13,356$12,047$10,857$10,038
11 years$14,726$13,169$11,758$10,485$9,338$8,555
12 years$13,361$11,820$10,435$9,196$8,092$7,345
13 years$12,207$10,682$9,323$8,119$7,056$6,344
14 years$11,218$9,709$8,377$7,207$6,185$5,508
15 years$10,362$8,870$7,563$6,428$5,446$4,802
16 years$9,614$8,138$6,857$5,755$4,813$4,201
17 years$8,954$7,494$6,240$5,171$4,268$3,687
18 years$8,369$6,925$5,696$4,660$3,795$3,244
19 years$7,846$6,418$5,215$4,211$3,382$2,861
20 years$7,375$5,964$4,786$3,814$3,021$2,528
21 years$6,950$5,555$4,402$3,461$2,704$2,238
22 years$6,564$5,186$4,057$3,147$2,423$1,984
23 years$6,212$4,850$3,746$2,866$2,175$1,761
24 years$5,890$4,544$3,464$2,614$1,955$1,565
25 years$5,595$4,265$3,209$2,387$1,759$1,392
26 years$5,322$4,008$2,976$2,183$1,585$1,240
27 years$5,070$3,772$2,763$1,998$1,429$1,105
28 years$4,836$3,554$2,569$1,831$1,289$985
29 years$4,619$3,353$2,391$1,679$1,164$879
30 years$4,417$3,167$2,227$1,541$1,052$785
31 years$4,228$2,994$2,076$1,415$951$701
32 years$4,052$2,832$1,937$1,300$860$626
33 years$3,886$2,682$1,808$1,196$779$560
34 years$3,731$2,542$1,690$1,100$705$501
35 years$3,584$2,411$1,580$1,013$638$448
36 years$3,446$2,289$1,478$933$578$401
37 years$3,316$2,174$1,383$859$524$359
38 years$3,193$2,066$1,295$792$475$321
39 years$3,077$1,964$1,214$730$431$288
40 years$2,967$1,869$1,138$674$391$257
41 years$2,862$1,779$1,067$622$355$231
42 years$2,763$1,694$1,001$574$322$207
43 years$2,668$1,614$939$530$292$185
44 years$2,578$1,539$881$489$265$166
45 years$2,493$1,467$827$452$241$149
46 years$2,411$1,400$777$417$219$133
47 years$2,333$1,336$730$385$198$119
48 years$2,258$1,275$686$356$180$107
49 years$2,187$1,218$645$329$164$96
50 years$2,119$1,163$606$304$149$86

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 $2,132 every year, while hoping to spend $35,693 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: 25/50/25 Blend
44$2,170,000$2,170,000$2,170,000$2,170,000
45$2,393,539$2,278,529$2,244,894$2,434,405
46$2,599,703$2,352,200$2,282,121$2,541,807
47$2,825,699$2,428,284$2,319,399$2,653,677
48$3,073,513$2,506,863$2,356,691$2,772,872
49$3,345,332$2,588,019$2,393,960$2,900,028
50$3,643,562$2,671,839$2,431,165$3,035,843
51$3,970,858$2,758,412$2,468,262$3,181,084
52$4,330,142$2,847,830$2,505,204$3,336,593
53$4,724,631$2,940,188$2,541,943$3,503,294
54$5,157,872$3,035,586$2,578,427$3,682,201
55$5,633,770$3,134,125$2,614,599$3,874,430
56$6,156,628$3,235,911$2,650,402$4,081,207
57$6,731,187$3,341,053$2,685,773$4,303,879
58$7,362,668$3,449,664$2,720,646$4,543,928
59$8,056,824$3,561,862$2,754,952$4,802,980
60$8,819,994$3,677,767$2,788,617$5,082,829
61$9,659,161$3,797,505$2,821,563$5,385,442
62$10,582,018$3,921,205$2,853,708$5,712,986
63$11,597,041$4,049,002$2,884,964$6,067,845
64$12,713,570$4,181,034$2,915,241$6,452,640
65$13,941,894$4,317,444$2,944,442$6,870,258
66$15,293,351$4,458,382$2,972,464$7,323,872
67$16,780,431$4,604,002$2,999,201$7,816,979
68$18,416,900$4,754,463$3,024,539$8,353,423
69$20,217,922$4,909,929$3,048,359$8,937,439
70$22,200,206$5,070,573$3,070,535$9,573,688
71$24,382,165$5,236,569$3,090,936$10,267,301
72$26,784,087$5,408,102$3,109,423$11,023,928
73$29,428,325$5,585,360$3,125,851$11,849,788
74$32,339,512$5,768,540$3,140,064$12,751,732
75$35,544,789$5,957,845$3,151,903$13,737,302
76$39,074,064$6,153,486$3,161,198$14,814,804
77$42,960,291$6,355,680$3,167,771$15,993,385
78$47,239,785$6,564,652$3,171,435$17,283,121
79$51,952,560$6,780,637$3,171,995$18,695,108
80$57,142,709$7,003,876$3,169,245$20,241,566
81$62,858,819$7,234,619$3,162,968$21,935,958
82$69,154,430$7,473,128$3,152,940$23,793,112
83$76,088,540$7,719,669$3,138,921$25,829,362
84$83,726,161$7,974,522$3,120,665$28,062,700
85$92,138,931$8,237,976$3,097,909$30,512,947
86$101,405,794$8,510,329$3,070,381$33,201,938
87$111,613,741$8,791,891$3,037,795$36,153,729
88$122,858,632$9,082,983$2,999,850$39,394,819
89$135,246,101$9,383,938$2,956,234$42,954,405
90$148,892,552$9,695,099$2,906,616$46,864,652
91$163,926,259$10,016,826$2,850,655$51,160,998
92$180,488,574$10,349,487$2,787,988$55,882,487
93$198,735,263$10,693,466$2,718,240$61,072,137
94$218,837,975$11,049,161$2,641,016$66,777,343
95$240,985,863$11,416,984$2,555,905$73,050,329
96$265,387,367$11,797,363$2,462,474$79,948,631
97$292,272,185$12,190,740$2,360,273$87,535,647
98$321,893,436$12,597,575$2,248,830$95,881,232
99$354,530,054$13,018,343$2,127,653$105,062,355
100$390,489,417$13,453,539$1,996,227$115,163,823