Can I retire at age 45 with 2,200,000?

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$181,674$180,056$178,477$176,936$175,431$170,430
2 years$89,938$88,263$86,639$85,065$83,539$78,539
3 years$59,363$57,681$56,061$54,502$53,000$48,159
4 years$44,078$42,401$40,798$39,266$37,800$33,154
5 years$34,910$33,243$31,661$30,160$28,735$24,297
6 years$28,800$27,146$25,587$24,119$22,737$18,511
7 years$24,437$22,797$21,263$19,830$18,491$14,478
8 years$21,167$19,541$18,033$16,635$15,340$11,536
9 years$18,624$17,014$15,531$14,169$12,919$9,321
10 years$16,592$14,997$13,541$12,214$11,007$7,611
11 years$14,930$13,351$11,921$10,630$9,467$6,266
12 years$13,546$11,983$10,580$9,324$8,204$5,192
13 years$12,375$10,829$9,452$8,231$7,154$4,325
14 years$11,373$9,843$8,493$7,307$6,271$3,618
15 years$10,505$8,992$7,668$6,516$5,521$3,037
16 years$9,747$8,250$6,952$5,835$4,880$2,557
17 years$9,078$7,598$6,326$5,243$4,327$2,158
18 years$8,485$7,021$5,775$4,725$3,847$1,825
19 years$7,954$6,507$5,287$4,269$3,429$1,545
20 years$7,477$6,047$4,852$3,866$3,063$1,311
21 years$7,046$5,632$4,463$3,509$2,741$1,113
22 years$6,655$5,257$4,113$3,191$2,457$946
23 years$6,298$4,917$3,798$2,906$2,205$805
24 years$5,972$4,607$3,512$2,650$1,982$685
25 years$5,672$4,323$3,253$2,420$1,784$583
26 years$5,396$4,063$3,017$2,213$1,607$497
27 years$5,140$3,824$2,802$2,026$1,449$424
28 years$4,903$3,603$2,604$1,856$1,307$362
29 years$4,683$3,399$2,424$1,702$1,180$308
30 years$4,478$3,210$2,258$1,562$1,066$263
31 years$4,287$3,035$2,105$1,434$964$225
32 years$4,108$2,872$1,964$1,318$872$192
33 years$3,940$2,719$1,833$1,212$789$164
34 years$3,782$2,577$1,713$1,115$715$140
35 years$3,634$2,445$1,602$1,027$647$119
36 years$3,494$2,320$1,498$946$586$102
37 years$3,362$2,204$1,402$871$532$87
38 years$3,238$2,094$1,313$803$482$74
39 years$3,120$1,992$1,230$740$437$64
40 years$3,008$1,895$1,153$683$396$54
41 years$2,902$1,804$1,081$630$360$46
42 years$2,801$1,718$1,014$582$326$40
43 years$2,705$1,637$952$537$296$34
44 years$2,614$1,560$893$496$269$29
45 years$2,527$1,488$839$458$244$25
46 years$2,444$1,419$788$423$222$21
47 years$2,365$1,354$740$391$201$18
48 years$2,289$1,293$696$361$183$15
49 years$2,217$1,235$654$334$166$13
50 years$2,148$1,179$615$308$151$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,200,000, adding $4,036 every year, while hoping to spend $30,600 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: 65/30/5 Blend
44$2,200,000$2,200,000$2,200,000$2,200,000
45$2,428,563$2,311,963$2,277,863$2,584,519
46$2,643,718$2,392,691$2,321,613$2,769,337
47$2,879,794$2,476,349$2,365,804$2,967,133
48$3,138,891$2,563,049$2,410,416$3,182,402
49$3,423,325$2,652,905$2,455,433$3,416,836
50$3,735,646$2,746,039$2,500,831$3,672,300
51$4,078,663$2,842,576$2,546,590$3,950,843
52$4,455,469$2,942,645$2,592,683$4,254,722
53$4,869,474$3,046,382$2,639,086$4,586,420
54$5,324,434$3,153,928$2,685,768$4,948,670
55$5,824,485$3,265,429$2,732,701$5,344,480
56$6,374,186$3,381,039$2,779,849$5,777,162
57$6,978,558$3,500,914$2,827,179$6,250,359
58$7,643,133$3,625,221$2,874,651$6,768,086
59$8,374,006$3,754,131$2,922,226$7,334,760
60$9,177,894$3,887,823$2,969,860$7,955,246
61$10,062,195$4,026,482$3,017,506$8,634,900
62$11,035,062$4,170,303$3,065,116$9,379,620
63$12,105,477$4,319,486$3,112,636$10,195,901
64$13,283,336$4,474,241$3,160,010$11,090,895
65$14,579,545$4,634,788$3,207,178$12,072,479
66$16,006,119$4,801,352$3,254,079$13,149,328
67$17,576,295$4,974,171$3,300,643$14,330,996
68$19,304,663$5,153,491$3,346,800$15,628,005
69$21,207,295$5,339,568$3,392,474$17,051,947
70$23,301,903$5,532,671$3,437,586$18,615,588
71$25,608,002$5,733,076$3,482,050$20,332,990
72$28,147,096$5,941,075$3,525,776$22,219,644
73$30,942,880$6,156,968$3,568,670$24,292,613
74$34,021,465$6,381,071$3,610,632$26,570,693
75$37,411,622$6,613,711$3,651,556$29,074,591
76$41,145,054$6,855,229$3,691,329$31,827,117
77$45,256,695$7,105,981$3,729,834$34,853,402
78$49,785,041$7,366,337$3,766,947$38,181,130
79$54,772,512$7,636,685$3,802,536$41,840,802
80$60,265,851$7,917,425$3,836,464$45,866,018
81$66,316,566$8,208,977$3,868,584$50,293,801
82$72,981,418$8,511,779$3,898,744$55,164,935
83$80,322,953$8,826,286$3,926,781$60,524,360
84$88,410,093$9,152,973$3,952,527$66,421,584
85$97,318,788$9,492,334$3,975,803$72,911,158
86$107,132,733$9,844,887$3,996,421$80,053,184
87$117,944,154$10,211,169$4,014,183$87,913,885
88$129,854,682$10,591,741$4,028,883$96,566,225
89$142,976,311$10,987,188$4,040,302$106,090,597
90$157,432,455$11,398,120$4,048,212$116,575,583
91$173,359,111$11,825,173$4,052,373$128,118,788
92$190,906,145$12,269,012$4,052,532$140,827,754
93$210,238,705$12,730,327$4,048,425$154,820,984
94$231,538,781$13,209,840$4,039,775$170,229,048
95$255,006,919$13,708,305$4,026,291$187,195,822
96$280,864,121$14,226,508$4,007,667$205,879,839
97$309,353,921$14,765,267$3,983,584$226,455,785
98$340,744,693$15,325,437$3,953,706$249,116,150
99$375,332,179$15,907,911$3,917,683$274,073,034
100$413,442,282$16,513,619$3,875,146$301,560,158