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%18.4%
1 years$181,674$180,056$178,477$176,936$175,431$169,476
2 years$89,938$88,263$86,639$85,065$83,539$77,599
3 years$59,363$57,681$56,061$54,502$53,000$47,262
4 years$44,078$42,401$40,798$39,266$37,800$32,308
5 years$34,910$33,243$31,661$30,160$28,735$23,503
6 years$28,800$27,146$25,587$24,119$22,737$17,769
7 years$24,437$22,797$21,263$19,830$18,491$13,787
8 years$21,167$19,541$18,033$16,635$15,340$10,896
9 years$18,624$17,014$15,531$14,169$12,919$8,729
10 years$16,592$14,997$13,541$12,214$11,007$7,065
11 years$14,930$13,351$11,921$10,630$9,467$5,764
12 years$13,546$11,983$10,580$9,324$8,204$4,732
13 years$12,375$10,829$9,452$8,231$7,154$3,905
14 years$11,373$9,843$8,493$7,307$6,271$3,235
15 years$10,505$8,992$7,668$6,516$5,521$2,689
16 years$9,747$8,250$6,952$5,835$4,880$2,241
17 years$9,078$7,598$6,326$5,243$4,327$1,872
18 years$8,485$7,021$5,775$4,725$3,847$1,566
19 years$7,954$6,507$5,287$4,269$3,429$1,313
20 years$7,477$6,047$4,852$3,866$3,063$1,101
21 years$7,046$5,632$4,463$3,509$2,741$925
22 years$6,655$5,257$4,113$3,191$2,457$778
23 years$6,298$4,917$3,798$2,906$2,205$654
24 years$5,972$4,607$3,512$2,650$1,982$551
25 years$5,672$4,323$3,253$2,420$1,784$464
26 years$5,396$4,063$3,017$2,213$1,607$391
27 years$5,140$3,824$2,802$2,026$1,449$330
28 years$4,903$3,603$2,604$1,856$1,307$278
29 years$4,683$3,399$2,424$1,702$1,180$234
30 years$4,478$3,210$2,258$1,562$1,066$198
31 years$4,287$3,035$2,105$1,434$964$167
32 years$4,108$2,872$1,964$1,318$872$141
33 years$3,940$2,719$1,833$1,212$789$119
34 years$3,782$2,577$1,713$1,115$715$100
35 years$3,634$2,445$1,602$1,027$647$85
36 years$3,494$2,320$1,498$946$586$71
37 years$3,362$2,204$1,402$871$532$60
38 years$3,238$2,094$1,313$803$482$51
39 years$3,120$1,992$1,230$740$437$43
40 years$3,008$1,895$1,153$683$396$36
41 years$2,902$1,804$1,081$630$360$31
42 years$2,801$1,718$1,014$582$326$26
43 years$2,705$1,637$952$537$296$22
44 years$2,614$1,560$893$496$269$18
45 years$2,527$1,488$839$458$244$16
46 years$2,444$1,419$788$423$222$13
47 years$2,365$1,354$740$391$201$11
48 years$2,289$1,293$696$361$183$9
49 years$2,217$1,235$654$334$166$8
50 years$2,148$1,179$615$308$151$7

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 $4,887 every year, while hoping to spend $33,614 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: 54/31/15 Blend
44$2,200,000$2,200,000$2,200,000$2,200,000
45$2,429,441$2,312,841$2,278,741$2,550,707
46$2,641,479$2,390,405$2,319,314$2,711,472
47$2,874,018$2,470,643$2,360,119$2,882,354
48$3,129,114$2,553,651$2,401,129$3,067,595
49$3,409,031$2,639,528$2,442,315$3,268,570
50$3,716,264$2,728,376$2,483,643$3,486,790
51$4,053,558$2,820,302$2,525,081$3,723,921
52$4,423,942$2,915,417$2,566,592$3,981,793
53$4,830,747$3,013,835$2,608,136$4,262,422
54$5,277,646$3,115,677$2,649,672$4,568,025
55$5,768,686$3,221,064$2,691,155$4,901,044
56$6,308,322$3,330,127$2,732,539$5,264,164
57$6,901,465$3,442,997$2,773,773$5,660,344
58$7,553,523$3,559,813$2,814,804$6,092,838
59$8,270,458$3,680,719$2,855,574$6,565,232
60$9,058,833$3,805,862$2,896,025$7,081,472
61$9,925,883$3,935,399$2,936,091$7,645,903
62$10,879,579$4,069,489$2,975,706$8,263,309
63$11,928,701$4,208,300$3,014,797$8,938,960
64$13,082,925$4,352,003$3,053,289$9,678,657
65$14,352,911$4,500,778$3,091,102$10,488,791
66$15,750,405$4,654,813$3,128,151$11,376,399
67$17,288,348$4,814,301$3,164,346$12,349,230
68$18,981,001$4,979,443$3,199,592$13,415,823
69$20,844,075$5,150,447$3,233,791$14,585,580
70$22,894,883$5,327,532$3,266,835$15,868,857
71$25,152,503$5,510,923$3,298,616$17,277,064
72$27,637,953$5,700,853$3,329,015$18,822,766
73$30,374,396$5,897,567$3,357,909$20,519,807
74$33,387,354$6,101,317$3,385,168$22,383,437
75$36,704,948$6,312,365$3,410,655$24,430,455
76$40,358,168$6,530,986$3,434,227$26,679,369
77$44,381,160$6,757,463$3,455,732$29,150,568
78$48,811,550$6,992,091$3,475,011$31,866,513
79$53,690,800$7,235,175$3,491,896$34,851,953
80$59,064,599$7,487,036$3,506,212$38,134,151
81$64,983,292$7,748,005$3,517,773$41,743,147
82$71,502,355$8,018,425$3,526,387$45,712,036
83$78,682,922$8,298,654$3,531,847$50,077,281
84$86,592,358$8,589,066$3,533,942$54,879,059
85$95,304,895$8,890,047$3,532,446$60,161,635
86$104,902,335$9,202,000$3,527,123$65,973,783
87$115,474,818$9,525,343$3,517,727$72,369,241
88$127,121,677$9,860,512$3,503,998$79,407,221
89$139,952,370$10,207,959$3,485,664$87,152,967
90$154,087,519$10,568,157$3,462,441$95,678,366
91$169,660,044$10,941,594$3,434,031$105,062,629
92$186,816,418$11,328,781$3,400,120$115,393,039
93$205,718,049$11,730,248$3,360,381$126,765,768
94$226,542,808$12,146,548$3,314,471$139,286,789
95$249,486,699$12,578,254$3,262,031$153,072,873
96$274,765,718$13,025,964$3,202,685$168,252,690
97$302,617,885$13,490,300$3,136,039$184,968,023
98$333,305,495$13,971,910$3,061,681$203,375,105
99$367,117,589$14,471,467$2,979,181$223,646,093
100$404,372,687$14,989,673$2,888,087$245,970,689