Can I retire at age 45 with 2,180,000?

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 $2,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$180,022$178,419$176,854$175,327$173,836$167,071
2 years$89,120$87,460$85,852$84,292$82,779$76,045
3 years$58,823$57,156$55,552$54,007$52,519$46,028
4 years$43,678$42,016$40,427$38,909$37,457$31,258
5 years$34,593$32,941$31,373$29,886$28,474$22,584
6 years$28,538$26,899$25,354$23,900$22,530$16,953
7 years$24,215$22,590$21,070$19,649$18,323$13,056
8 years$20,974$19,363$17,869$16,483$15,201$10,239
9 years$18,455$16,859$15,390$14,040$12,801$8,137
10 years$16,441$14,861$13,418$12,103$10,907$6,532
11 years$14,794$13,230$11,813$10,533$9,381$5,284
12 years$13,422$11,874$10,483$9,239$8,129$4,301
13 years$12,263$10,731$9,366$8,157$7,089$3,518
14 years$11,270$9,754$8,416$7,240$6,214$2,888
15 years$10,410$8,910$7,598$6,457$5,471$2,378
16 years$9,658$8,175$6,889$5,782$4,836$1,963
17 years$8,996$7,529$6,269$5,195$4,288$1,624
18 years$8,407$6,957$5,722$4,682$3,812$1,346
19 years$7,882$6,448$5,239$4,230$3,398$1,117
20 years$7,409$5,992$4,808$3,831$3,035$928
21 years$6,982$5,581$4,422$3,477$2,716$772
22 years$6,594$5,210$4,076$3,162$2,435$642
23 years$6,241$4,872$3,763$2,879$2,185$535
24 years$5,918$4,565$3,480$2,626$1,964$446
25 years$5,620$4,284$3,223$2,398$1,768$371
26 years$5,347$4,026$2,990$2,193$1,592$310
27 years$5,093$3,789$2,776$2,007$1,435$258
28 years$4,859$3,571$2,581$1,839$1,295$216
29 years$4,641$3,369$2,402$1,686$1,170$180
30 years$4,438$3,181$2,237$1,548$1,057$150
31 years$4,248$3,007$2,086$1,421$955$125
32 years$4,070$2,846$1,946$1,306$864$105
33 years$3,904$2,695$1,817$1,201$782$87
34 years$3,748$2,554$1,698$1,105$708$73
35 years$3,601$2,422$1,587$1,017$641$61
36 years$3,462$2,299$1,485$937$581$51
37 years$3,332$2,184$1,390$863$527$43
38 years$3,208$2,075$1,301$796$478$36
39 years$3,091$1,973$1,219$734$433$30
40 years$2,980$1,878$1,143$677$393$25
41 years$2,875$1,787$1,072$624$356$21
42 years$2,775$1,702$1,005$576$323$17
43 years$2,681$1,622$943$532$293$14
44 years$2,590$1,546$885$491$266$12
45 years$2,504$1,474$831$454$242$10
46 years$2,422$1,406$781$419$220$8
47 years$2,344$1,342$734$387$199$7
48 years$2,269$1,281$689$358$181$6
49 years$2,197$1,223$648$331$164$5
50 years$2,128$1,169$609$306$149$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,180,000, adding $5,266 every year, while hoping to spend $25,870 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: 72/6/22 Blend
44$2,180,000$2,180,000$2,180,000$2,180,000
45$2,407,792$2,292,252$2,258,462$2,567,764
46$2,625,861$2,377,047$2,306,595$2,759,830
47$2,865,306$2,465,129$2,355,473$2,966,546
48$3,128,281$2,556,634$2,405,095$3,192,317
49$3,417,156$2,651,700$2,455,456$3,439,033
50$3,734,545$2,750,472$2,506,553$3,708,777
51$4,083,326$2,853,102$2,558,380$4,003,839
52$4,466,670$2,959,749$2,610,930$4,326,745
53$4,888,071$3,070,577$2,664,197$4,680,276
54$5,351,377$3,185,759$2,718,171$5,067,493
55$5,860,830$3,305,473$2,772,841$5,491,772
56$6,421,100$3,429,907$2,828,197$5,956,827
57$7,037,336$3,559,256$2,884,226$6,466,752
58$7,715,208$3,693,724$2,940,911$7,026,057
59$8,460,965$3,833,522$2,998,237$7,639,710
60$9,281,492$3,978,873$3,056,187$8,313,181
61$10,184,374$4,130,007$3,114,739$9,052,501
62$11,177,969$4,287,167$3,173,872$9,864,312
63$12,271,487$4,450,603$3,233,561$10,755,930
64$13,475,075$4,620,579$3,293,782$11,735,419
65$14,799,914$4,797,368$3,354,504$12,811,659
66$16,258,322$4,981,257$3,415,698$13,994,437
67$17,863,877$5,172,544$3,477,329$15,294,536
68$19,631,535$5,371,541$3,539,362$16,723,835
69$21,577,778$5,578,573$3,601,758$18,295,424
70$23,720,769$5,793,981$3,664,474$20,023,725
71$26,080,520$6,018,118$3,727,467$21,924,628
72$28,679,083$6,251,356$3,790,686$24,015,644
73$31,540,757$6,494,080$3,854,082$26,316,064
74$34,692,319$6,746,695$3,917,599$28,847,149
75$38,163,274$7,009,621$3,981,176$31,632,320
76$41,986,135$7,283,299$4,044,753$34,697,390
77$46,196,729$7,568,190$4,108,261$38,070,799
78$50,834,536$7,864,772$4,171,628$41,783,885
79$55,943,061$8,173,547$4,234,779$45,871,182
80$61,570,242$8,495,040$4,297,633$50,370,740
81$67,768,906$8,829,797$4,360,104$55,324,491
82$74,597,267$9,178,389$4,422,100$60,778,637
83$82,119,473$9,541,415$4,483,525$66,784,093
84$90,406,212$9,919,497$4,544,276$73,396,961
85$99,535,381$10,313,288$4,604,245$80,679,066
86$109,592,819$10,723,468$4,663,316$88,698,530
87$120,673,118$11,150,749$4,721,368$97,530,426
88$132,880,515$11,595,875$4,778,273$107,257,477
89$146,329,877$12,059,622$4,833,894$117,970,840
90$161,147,783$12,542,803$4,888,089$129,770,969
91$177,473,722$13,046,265$4,940,705$142,768,558
92$195,461,406$13,570,896$4,991,583$157,085,587
93$215,280,223$14,117,624$5,040,554$172,856,477
94$237,116,834$14,687,416$5,087,441$190,229,354
95$261,176,938$15,281,286$5,132,057$209,367,446
96$287,687,209$15,900,292$5,174,204$230,450,631
97$316,897,440$16,545,542$5,213,676$253,677,126
98$349,082,897$17,218,192$5,250,252$279,265,361
99$384,546,922$17,919,453$5,283,705$307,456,045
100$423,623,790$18,650,588$5,313,792$338,514,429