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%18.5%
1 years$180,022$178,419$176,854$175,327$173,836$167,869
2 years$89,120$87,460$85,852$84,292$82,779$76,828
3 years$58,823$57,156$55,552$54,007$52,519$46,770
4 years$43,678$42,016$40,427$38,909$37,457$31,955
5 years$34,593$32,941$31,373$29,886$28,474$23,234
6 years$28,538$26,899$25,354$23,900$22,530$17,556
7 years$24,215$22,590$21,070$19,649$18,323$13,614
8 years$20,974$19,363$17,869$16,483$15,201$10,753
9 years$18,455$16,859$15,390$14,040$12,801$8,609
10 years$16,441$14,861$13,418$12,103$10,907$6,963
11 years$14,794$13,230$11,813$10,533$9,381$5,678
12 years$13,422$11,874$10,483$9,239$8,129$4,658
13 years$12,263$10,731$9,366$8,157$7,089$3,841
14 years$11,270$9,754$8,416$7,240$6,214$3,180
15 years$10,410$8,910$7,598$6,457$5,471$2,641
16 years$9,658$8,175$6,889$5,782$4,836$2,200
17 years$8,996$7,529$6,269$5,195$4,288$1,836
18 years$8,407$6,957$5,722$4,682$3,812$1,535
19 years$7,882$6,448$5,239$4,230$3,398$1,286
20 years$7,409$5,992$4,808$3,831$3,035$1,078
21 years$6,982$5,581$4,422$3,477$2,716$905
22 years$6,594$5,210$4,076$3,162$2,435$760
23 years$6,241$4,872$3,763$2,879$2,185$639
24 years$5,918$4,565$3,480$2,626$1,964$537
25 years$5,620$4,284$3,223$2,398$1,768$452
26 years$5,347$4,026$2,990$2,193$1,592$381
27 years$5,093$3,789$2,776$2,007$1,435$321
28 years$4,859$3,571$2,581$1,839$1,295$270
29 years$4,641$3,369$2,402$1,686$1,170$228
30 years$4,438$3,181$2,237$1,548$1,057$192
31 years$4,248$3,007$2,086$1,421$955$162
32 years$4,070$2,846$1,946$1,306$864$136
33 years$3,904$2,695$1,817$1,201$782$115
34 years$3,748$2,554$1,698$1,105$708$97
35 years$3,601$2,422$1,587$1,017$641$82
36 years$3,462$2,299$1,485$937$581$69
37 years$3,332$2,184$1,390$863$527$58
38 years$3,208$2,075$1,301$796$478$49
39 years$3,091$1,973$1,219$734$433$41
40 years$2,980$1,878$1,143$677$393$35
41 years$2,875$1,787$1,072$624$356$30
42 years$2,775$1,702$1,005$576$323$25
43 years$2,681$1,622$943$532$293$21
44 years$2,590$1,546$885$491$266$18
45 years$2,504$1,474$831$454$242$15
46 years$2,422$1,406$781$419$220$13
47 years$2,344$1,342$734$387$199$11
48 years$2,269$1,281$689$358$181$9
49 years$2,197$1,223$648$331$164$8
50 years$2,128$1,169$609$306$149$6

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 $5,473 every year, while hoping to spend $48,523 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: 40/30/30 Blend
44$2,180,000$2,180,000$2,180,000$2,180,000
45$2,408,005$2,292,465$2,258,675$2,482,820
46$2,601,994$2,353,168$2,282,713$2,598,640
47$2,814,143$2,415,219$2,305,929$2,718,988
48$3,046,254$2,478,633$2,328,246$2,848,288
49$3,300,309$2,543,424$2,349,580$2,987,393
50$3,578,494$2,609,604$2,369,844$3,137,244
51$3,883,212$2,677,187$2,388,946$3,298,875
52$4,217,112$2,746,181$2,406,788$3,473,427
53$4,583,111$2,816,598$2,423,269$3,662,158
54$4,984,422$2,888,445$2,438,282$3,866,453
55$5,424,582$2,961,728$2,451,713$4,087,839
56$5,907,488$3,036,451$2,463,445$4,327,998
57$6,437,434$3,112,619$2,473,352$4,588,785
58$7,019,146$3,190,231$2,481,303$4,872,243
59$7,657,833$3,269,287$2,487,161$5,180,626
60$8,359,232$3,349,782$2,490,781$5,516,417
61$9,129,664$3,431,712$2,492,013$5,882,353
62$9,976,090$3,515,066$2,490,695$6,281,451
63$10,906,181$3,599,833$2,486,663$6,717,036
64$11,928,385$3,685,999$2,479,740$7,192,774
65$13,052,012$3,773,545$2,469,743$7,712,706
66$14,287,317$3,862,449$2,456,480$8,281,286
67$15,645,600$3,952,685$2,439,748$8,903,425
68$17,139,308$4,044,223$2,419,336$9,584,535
69$18,782,157$4,137,029$2,395,023$10,330,581
70$20,589,257$4,231,064$2,366,577$11,148,142
71$22,577,259$4,326,284$2,333,754$12,044,466
72$24,764,505$4,422,637$2,296,301$13,027,546
73$27,171,208$4,520,070$2,253,950$14,106,190
74$29,819,637$4,618,520$2,206,424$15,290,111
75$32,734,330$4,717,918$2,153,430$16,590,011
76$35,942,325$4,818,188$2,094,663$18,017,692
77$39,473,412$4,919,249$2,029,803$19,586,159
78$43,360,415$5,021,008$1,958,517$21,309,751
79$47,639,506$5,123,366$1,880,456$23,204,271
80$52,350,539$5,226,214$1,795,254$25,287,140
81$57,537,428$5,329,433$1,702,530$27,577,561
82$63,248,565$5,432,894$1,601,884$30,096,700
83$69,537,271$5,536,459$1,492,899$32,867,888
84$76,462,302$5,639,974$1,375,141$35,916,842
85$84,088,401$5,743,277$1,248,152$39,271,910
86$92,486,911$5,846,190$1,111,458$42,964,335
87$101,736,446$5,948,524$964,562$47,028,558
88$111,923,633$6,050,071$806,945$51,502,538
89$123,143,931$6,150,612$638,064$56,428,116
90$135,502,527$6,249,908$457,355$61,851,410
91$149,115,335$6,347,703$264,227$67,823,249
92$164,110,084$6,443,725$58,062$74,399,662
93$180,627,523$6,537,678$0$81,642,397
94$198,822,755$6,629,249$0$89,671,360
95$218,866,694$6,718,100$0$98,532,927
96$240,947,682$6,803,872$0$108,291,402
97$265,273,263$6,886,179$0$119,038,145
98$292,072,143$6,964,610$0$130,873,840
99$321,596,352$7,038,726$0$143,909,441
100$354,123,614$7,108,058$0$158,267,219