Can I retire at age 45 with 2,190,000?

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 $2,190,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$180,848$179,237$177,666$176,132$174,634$173,679
2 years$89,529$87,861$86,245$84,679$83,159$82,195
3 years$59,093$57,418$55,807$54,254$52,759$51,817
4 years$43,878$42,209$40,613$39,087$37,628$36,715
5 years$34,751$33,092$31,517$30,023$28,605$27,722
6 years$28,669$27,022$25,471$24,009$22,634$21,783
7 years$24,326$22,693$21,166$19,739$18,407$17,590
8 years$21,071$19,452$17,951$16,559$15,271$14,486
9 years$18,540$16,937$15,461$14,105$12,860$12,108
10 years$16,516$14,929$13,479$12,158$10,957$10,237
11 years$14,862$13,290$11,867$10,581$9,424$8,735
12 years$13,484$11,929$10,531$9,281$8,166$7,509
13 years$12,319$10,780$9,409$8,194$7,121$6,494
14 years$11,321$9,799$8,454$7,274$6,242$5,645
15 years$10,458$8,951$7,633$6,487$5,496$4,928
16 years$9,703$8,213$6,920$5,808$4,858$4,318
17 years$9,037$7,564$6,297$5,219$4,307$3,795
18 years$8,446$6,989$5,749$4,703$3,830$3,344
19 years$7,918$6,477$5,263$4,250$3,414$2,953
20 years$7,443$6,019$4,830$3,849$3,049$2,613
21 years$7,014$5,607$4,442$3,493$2,729$2,317
22 years$6,625$5,234$4,094$3,176$2,446$2,057
23 years$6,270$4,895$3,780$2,892$2,195$1,829
24 years$5,945$4,586$3,496$2,638$1,973$1,628
25 years$5,646$4,304$3,238$2,409$1,776$1,450
26 years$5,371$4,045$3,003$2,203$1,599$1,293
27 years$5,117$3,807$2,789$2,016$1,442$1,154
28 years$4,881$3,587$2,593$1,847$1,301$1,031
29 years$4,662$3,384$2,413$1,694$1,175$921
30 years$4,458$3,196$2,247$1,555$1,062$824
31 years$4,267$3,021$2,095$1,428$960$737
32 years$4,089$2,859$1,955$1,312$868$660
33 years$3,922$2,707$1,825$1,207$786$591
34 years$3,765$2,566$1,705$1,110$711$529
35 years$3,617$2,434$1,594$1,022$644$474
36 years$3,478$2,310$1,491$941$584$425
37 years$3,347$2,194$1,396$867$529$381
38 years$3,223$2,085$1,307$799$480$342
39 years$3,105$1,983$1,225$737$435$306
40 years$2,994$1,886$1,148$680$395$275
41 years$2,888$1,795$1,076$627$358$247
42 years$2,788$1,710$1,010$579$325$221
43 years$2,693$1,629$948$534$295$199
44 years$2,602$1,553$889$493$268$178
45 years$2,516$1,481$835$456$243$160
46 years$2,433$1,413$784$421$221$144
47 years$2,354$1,348$737$389$200$129
48 years$2,279$1,287$692$359$182$116
49 years$2,207$1,229$651$332$165$104
50 years$2,138$1,174$612$307$150$93

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,190,000, adding $3,447 every year, while hoping to spend $51,413 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: 63/26/11 Blend
44$2,190,000$2,190,000$2,190,000$2,190,000
45$2,416,936$2,300,866$2,266,921$2,562,948
46$2,608,760$2,358,905$2,288,159$2,719,069
47$2,818,427$2,418,065$2,308,387$2,883,206
48$3,047,703$2,478,347$2,327,514$3,061,142
49$3,298,532$2,539,749$2,345,449$3,254,216
50$3,573,054$2,602,268$2,362,093$3,463,902
51$3,873,627$2,665,900$2,377,344$3,691,824
52$4,202,846$2,730,638$2,391,094$3,939,770
53$4,563,569$2,796,473$2,403,229$4,209,709
54$4,958,945$2,863,393$2,413,630$4,503,809
55$5,392,442$2,931,383$2,422,170$4,824,461
56$5,867,877$3,000,427$2,428,719$5,174,296
57$6,389,457$3,070,504$2,433,137$5,556,213
58$6,961,814$3,141,591$2,435,280$5,973,405
59$7,590,052$3,213,662$2,434,994$6,429,391
60$8,279,790$3,286,685$2,432,120$6,928,047
61$9,037,223$3,360,626$2,426,490$7,473,643
62$9,869,169$3,435,446$2,417,927$8,070,885
63$10,783,144$3,511,103$2,406,247$8,724,956
64$11,787,425$3,587,547$2,391,257$9,441,569
65$12,891,131$3,664,725$2,372,752$10,227,016
66$14,104,308$3,742,579$2,350,522$11,088,234
67$15,438,026$3,821,044$2,324,343$12,032,864
68$16,904,478$3,900,048$2,293,982$13,069,326
69$18,517,099$3,979,515$2,259,194$14,206,898
70$20,290,691$4,059,359$2,219,725$15,455,805
71$22,241,562$4,139,487$2,175,306$16,827,314
72$24,387,680$4,219,801$2,125,657$18,333,840
73$26,748,842$4,300,191$2,070,486$19,989,065
74$29,346,863$4,380,538$2,009,486$21,808,067
75$32,205,774$4,460,717$1,942,335$23,807,461
76$35,352,060$4,540,588$1,868,700$26,005,555
77$38,814,897$4,620,004$1,788,228$28,422,529
78$42,626,436$4,698,804$1,700,554$31,080,617
79$46,822,104$4,776,817$1,605,294$34,004,324
80$51,440,935$4,853,857$1,502,048$37,220,655
81$56,525,941$4,929,726$1,390,396$40,759,369
82$62,124,515$5,004,211$1,269,903$44,653,263
83$68,288,880$5,077,083$1,140,110$48,938,480
84$75,076,583$5,148,096$1,000,540$53,654,849
85$82,551,031$5,216,990$850,695$58,846,267
86$90,782,098$5,283,484$690,055$64,561,106
87$99,846,775$5,347,278$518,075$70,852,677
88$109,829,904$5,408,052$334,188$77,779,730
89$120,824,973$5,465,465$137,802$85,407,011
90$132,935,000$5,519,153$0$93,805,871
91$146,273,505$5,568,726$0$103,063,369
92$160,965,580$5,613,772$0$113,275,545
93$177,149,070$5,653,848$0$124,521,789
94$194,975,874$5,688,485$0$136,907,429
95$214,613,377$5,717,184$0$150,548,537
96$236,246,028$5,739,414$0$165,573,024
97$260,077,086$5,754,608$0$182,121,850
98$286,330,532$5,762,166$0$200,350,352
99$315,253,184$5,761,451$0$220,429,713
100$347,117,031$5,751,784$0$242,548,576