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%11.4%
1 years$179,197$177,600$176,043$174,523$173,039$172,020
2 years$88,711$87,059$85,458$83,905$82,399$81,372
3 years$58,553$56,894$55,297$53,759$52,278$51,273
4 years$43,477$41,823$40,242$38,730$37,285$36,311
5 years$34,434$32,790$31,229$29,749$28,343$27,403
6 years$28,407$26,775$25,238$23,790$22,427$21,521
7 years$24,104$22,486$20,973$19,559$18,239$17,368
8 years$20,878$19,275$17,787$16,408$15,131$14,295
9 years$18,370$16,782$15,320$13,976$12,743$11,941
10 years$16,365$14,793$13,356$12,047$10,857$10,091
11 years$14,726$13,169$11,758$10,485$9,338$8,605
12 years$13,361$11,820$10,435$9,196$8,092$7,392
13 years$12,207$10,682$9,323$8,119$7,056$6,389
14 years$11,218$9,709$8,377$7,207$6,185$5,551
15 years$10,362$8,870$7,563$6,428$5,446$4,842
16 years$9,614$8,138$6,857$5,755$4,813$4,240
17 years$8,954$7,494$6,240$5,171$4,268$3,723
18 years$8,369$6,925$5,696$4,660$3,795$3,279
19 years$7,846$6,418$5,215$4,211$3,382$2,894
20 years$7,375$5,964$4,786$3,814$3,021$2,559
21 years$6,950$5,555$4,402$3,461$2,704$2,267
22 years$6,564$5,186$4,057$3,147$2,423$2,011
23 years$6,212$4,850$3,746$2,866$2,175$1,786
24 years$5,890$4,544$3,464$2,614$1,955$1,589
25 years$5,595$4,265$3,209$2,387$1,759$1,414
26 years$5,322$4,008$2,976$2,183$1,585$1,260
27 years$5,070$3,772$2,763$1,998$1,429$1,124
28 years$4,836$3,554$2,569$1,831$1,289$1,003
29 years$4,619$3,353$2,391$1,679$1,164$896
30 years$4,417$3,167$2,227$1,541$1,052$800
31 years$4,228$2,994$2,076$1,415$951$715
32 years$4,052$2,832$1,937$1,300$860$640
33 years$3,886$2,682$1,808$1,196$779$572
34 years$3,731$2,542$1,690$1,100$705$512
35 years$3,584$2,411$1,580$1,013$638$459
36 years$3,446$2,289$1,478$933$578$411
37 years$3,316$2,174$1,383$859$524$368
38 years$3,193$2,066$1,295$792$475$330
39 years$3,077$1,964$1,214$730$431$295
40 years$2,967$1,869$1,138$674$391$265
41 years$2,862$1,779$1,067$622$355$237
42 years$2,763$1,694$1,001$574$322$213
43 years$2,668$1,614$939$530$292$191
44 years$2,578$1,539$881$489$265$171
45 years$2,493$1,467$827$452$241$153
46 years$2,411$1,400$777$417$219$138
47 years$2,333$1,336$730$385$198$123
48 years$2,258$1,275$686$356$180$111
49 years$2,187$1,218$645$329$164$99
50 years$2,119$1,163$606$304$149$89

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 $3,419 every year, while hoping to spend $33,849 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: 50/31/19 Blend
44$2,170,000$2,170,000$2,170,000$2,170,000
45$2,394,867$2,279,857$2,246,222$2,501,782
46$2,603,128$2,355,555$2,285,455$2,651,723
47$2,831,498$2,433,827$2,324,868$2,810,830
48$3,081,991$2,514,765$2,364,432$2,983,025
49$3,356,827$2,598,462$2,404,113$3,169,557
50$3,658,451$2,685,014$2,443,879$3,371,797
51$3,989,557$2,774,524$2,483,693$3,591,255
52$4,353,111$2,867,094$2,523,515$3,829,592
53$4,752,380$2,962,835$2,563,306$4,088,636
54$5,190,966$3,061,856$2,603,019$4,370,398
55$5,672,834$3,164,276$2,642,610$4,677,093
56$6,202,352$3,270,215$2,682,026$5,011,157
57$6,784,334$3,379,798$2,721,216$5,375,272
58$7,424,083$3,493,155$2,760,124$5,772,391
59$8,127,440$3,610,420$2,798,688$6,205,767
60$8,900,841$3,731,733$2,836,847$6,678,977
61$9,751,379$3,857,239$2,874,533$7,195,964
62$10,686,864$3,987,089$2,911,675$7,761,067
63$11,715,906$4,121,438$2,948,197$8,379,064
64$12,847,988$4,260,448$2,984,021$9,055,220
65$14,093,559$4,404,287$3,019,063$9,795,330
66$15,464,134$4,553,128$3,053,233$10,605,777
67$16,972,398$4,707,154$3,086,439$11,493,591
68$18,632,329$4,866,551$3,118,581$12,466,517
69$20,459,328$5,031,513$3,149,555$13,533,083
70$22,470,366$5,202,244$3,179,252$14,702,684
71$24,684,142$5,378,953$3,207,555$15,985,669
72$27,121,260$5,561,857$3,234,343$17,393,439
73$29,804,423$5,751,182$3,259,488$18,938,550
74$32,758,647$5,947,163$3,282,854$20,634,837
75$36,011,499$6,150,044$3,304,300$22,497,540
76$39,593,352$6,360,077$3,323,675$24,543,450
77$43,537,679$6,577,525$3,340,822$26,791,061
78$47,881,359$6,802,661$3,355,577$29,260,754
79$52,665,035$7,035,768$3,367,765$31,974,978
80$57,933,488$7,277,140$3,377,205$34,958,471
81$63,736,067$7,527,083$3,383,705$38,238,483
82$70,127,149$7,785,914$3,387,063$41,845,042
83$77,166,658$8,053,963$3,387,068$45,811,231
84$84,920,622$8,331,572$3,383,500$50,173,499
85$93,461,804$8,619,098$3,376,126$54,972,011
86$102,870,384$8,916,910$3,364,702$60,251,016
87$113,234,716$9,225,392$3,348,973$66,059,274
88$124,652,165$9,544,943$3,328,671$72,450,510
89$137,230,019$9,875,979$3,303,515$79,483,921
90$151,086,510$10,218,931$3,273,212$87,224,734
91$166,351,922$10,574,247$3,237,453$95,744,821
92$183,169,826$10,942,392$3,195,915$105,123,379
93$201,698,431$11,323,853$3,148,261$115,447,673
94$222,112,081$11,719,131$3,094,137$126,813,860
95$244,602,895$12,128,750$3,033,173$139,327,896
96$269,382,587$12,553,256$2,964,981$153,106,537
97$296,684,459$12,993,213$2,889,156$168,278,437
98$326,765,605$13,449,211$2,805,273$184,985,363
99$359,909,336$13,921,862$2,712,890$203,383,532
100$396,427,857$14,411,803$2,611,541$223,645,086