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%12.1%
1 years$181,674$180,056$178,477$176,936$175,431$173,889
2 years$89,938$88,263$86,639$85,065$83,539$81,984
3 years$59,363$57,681$56,061$54,502$53,000$51,482
4 years$44,078$42,401$40,798$39,266$37,800$36,330
5 years$34,910$33,243$31,661$30,160$28,735$27,317
6 years$28,800$27,146$25,587$24,119$22,737$21,374
7 years$24,437$22,797$21,263$19,830$18,491$17,182
8 years$21,167$19,541$18,033$16,635$15,340$14,086
9 years$18,624$17,014$15,531$14,169$12,919$11,719
10 years$16,592$14,997$13,541$12,214$11,007$9,861
11 years$14,930$13,351$11,921$10,630$9,467$8,373
12 years$13,546$11,983$10,580$9,324$8,204$7,162
13 years$12,375$10,829$9,452$8,231$7,154$6,162
14 years$11,373$9,843$8,493$7,307$6,271$5,329
15 years$10,505$8,992$7,668$6,516$5,521$4,627
16 years$9,747$8,250$6,952$5,835$4,880$4,032
17 years$9,078$7,598$6,326$5,243$4,327$3,524
18 years$8,485$7,021$5,775$4,725$3,847$3,088
19 years$7,954$6,507$5,287$4,269$3,429$2,711
20 years$7,477$6,047$4,852$3,866$3,063$2,386
21 years$7,046$5,632$4,463$3,509$2,741$2,102
22 years$6,655$5,257$4,113$3,191$2,457$1,855
23 years$6,298$4,917$3,798$2,906$2,205$1,640
24 years$5,972$4,607$3,512$2,650$1,982$1,450
25 years$5,672$4,323$3,253$2,420$1,784$1,284
26 years$5,396$4,063$3,017$2,213$1,607$1,138
27 years$5,140$3,824$2,802$2,026$1,449$1,009
28 years$4,903$3,603$2,604$1,856$1,307$896
29 years$4,683$3,399$2,424$1,702$1,180$795
30 years$4,478$3,210$2,258$1,562$1,066$707
31 years$4,287$3,035$2,105$1,434$964$628
32 years$4,108$2,872$1,964$1,318$872$559
33 years$3,940$2,719$1,833$1,212$789$497
34 years$3,782$2,577$1,713$1,115$715$442
35 years$3,634$2,445$1,602$1,027$647$393
36 years$3,494$2,320$1,498$946$586$350
37 years$3,362$2,204$1,402$871$532$312
38 years$3,238$2,094$1,313$803$482$278
39 years$3,120$1,992$1,230$740$437$247
40 years$3,008$1,895$1,153$683$396$220
41 years$2,902$1,804$1,081$630$360$196
42 years$2,801$1,718$1,014$582$326$175
43 years$2,705$1,637$952$537$296$156
44 years$2,614$1,560$893$496$269$139
45 years$2,527$1,488$839$458$244$124
46 years$2,444$1,419$788$423$222$111
47 years$2,365$1,354$740$391$201$99
48 years$2,289$1,293$696$361$183$88
49 years$2,217$1,235$654$334$166$78
50 years$2,148$1,179$615$308$151$70

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 $3,551 every year, while hoping to spend $26,939 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: 66/25/9 Blend
44$2,200,000$2,200,000$2,200,000$2,200,000
45$2,428,063$2,311,463$2,277,363$2,583,686
46$2,647,062$2,396,062$2,324,992$2,772,255
47$2,887,497$2,483,903$2,373,313$2,974,733
48$3,151,525$2,575,117$2,422,322$3,195,322
49$3,441,522$2,669,840$2,472,012$3,435,786
50$3,760,109$2,768,214$2,522,376$3,698,065
51$4,110,169$2,870,385$2,573,405$3,984,296
52$4,494,881$2,976,509$2,625,088$4,296,830
53$4,917,747$3,086,745$2,677,416$4,638,255
54$5,382,622$3,201,261$2,730,375$5,011,419
55$5,893,758$3,320,231$2,783,951$5,419,457
56$6,455,836$3,443,838$2,838,128$5,865,822
57$7,074,015$3,572,269$2,892,889$6,354,312
58$7,753,978$3,705,724$2,948,215$6,889,112
59$8,501,988$3,844,408$3,004,084$7,474,829
60$9,324,943$3,988,537$3,060,473$8,116,535
61$10,230,446$4,138,334$3,117,357$8,819,816
62$11,226,872$4,294,033$3,174,710$9,590,823
63$12,323,451$4,455,879$3,232,501$10,436,328
64$13,530,352$4,624,125$3,290,698$11,363,793
65$14,858,778$4,799,037$3,349,266$12,381,433
66$16,321,076$4,980,893$3,408,169$13,498,297
67$17,930,850$5,169,981$3,467,367$14,724,350
68$19,703,089$5,366,602$3,526,816$16,070,572
69$21,654,310$5,571,071$3,586,470$17,549,052
70$23,802,712$5,783,717$3,646,280$19,173,110
71$26,168,352$6,004,882$3,706,193$20,957,417
72$28,773,326$6,234,923$3,766,153$22,918,135
73$31,641,985$6,474,215$3,826,099$25,073,065
74$34,801,162$6,723,145$3,885,968$27,441,820
75$38,280,423$6,982,122$3,945,690$30,046,006
76$42,112,349$7,251,569$4,005,194$32,909,423
77$46,332,842$7,531,929$4,064,401$36,058,292
78$50,981,464$7,823,666$4,123,231$39,521,503
79$56,101,810$8,127,262$4,181,596$43,330,881
80$61,741,918$8,443,222$4,239,403$47,521,490
81$67,954,726$8,772,072$4,296,555$52,131,960
82$74,798,567$9,114,362$4,352,949$57,204,854
83$82,337,722$9,470,667$4,408,474$62,787,066
84$90,643,027$9,841,587$4,463,014$68,930,262
85$99,792,539$10,227,747$4,516,448$75,691,368
86$109,872,274$10,629,803$4,568,646$83,133,105
87$120,977,021$11,048,439$4,619,470$91,324,582
88$133,211,231$11,484,367$4,668,777$100,341,942
89$146,690,010$11,938,334$4,716,414$110,269,086
90$161,540,198$12,411,119$4,762,221$121,198,456
91$177,901,571$12,903,537$4,806,028$133,231,913
92$195,928,158$13,416,437$4,847,657$146,481,692
93$215,789,698$13,950,710$4,886,921$161,071,462
94$237,673,235$14,507,283$4,923,621$177,137,492
95$261,784,893$15,087,128$4,957,550$194,829,934
96$288,351,813$15,691,258$4,988,489$214,314,238
97$317,624,302$16,320,733$5,016,207$235,772,714
98$349,878,193$16,976,662$5,040,463$259,406,250
99$385,417,453$17,660,202$5,061,002$285,436,207
100$424,577,044$18,372,563$5,077,557$314,106,504