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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.3%
1 years$181,674$180,056$178,477$176,936$175,431$168,871
2 years$89,938$88,263$86,639$85,065$83,539$77,005
3 years$59,363$57,681$56,061$54,502$53,000$46,698
4 years$44,078$42,401$40,798$39,266$37,800$31,777
5 years$34,910$33,243$31,661$30,160$28,735$23,008
6 years$28,800$27,146$25,587$24,119$22,737$17,309
7 years$24,437$22,797$21,263$19,830$18,491$13,361
8 years$21,167$19,541$18,033$16,635$15,340$10,503
9 years$18,624$17,014$15,531$14,169$12,919$8,367
10 years$16,592$14,997$13,541$12,214$11,007$6,734
11 years$14,930$13,351$11,921$10,630$9,467$5,462
12 years$13,546$11,983$10,580$9,324$8,204$4,458
13 years$12,375$10,829$9,452$8,231$7,154$3,656
14 years$11,373$9,843$8,493$7,307$6,271$3,010
15 years$10,505$8,992$7,668$6,516$5,521$2,486
16 years$9,747$8,250$6,952$5,835$4,880$2,058
17 years$9,078$7,598$6,326$5,243$4,327$1,708
18 years$8,485$7,021$5,775$4,725$3,847$1,419
19 years$7,954$6,507$5,287$4,269$3,429$1,181
20 years$7,477$6,047$4,852$3,866$3,063$985
21 years$7,046$5,632$4,463$3,509$2,741$821
22 years$6,655$5,257$4,113$3,191$2,457$686
23 years$6,298$4,917$3,798$2,906$2,205$573
24 years$5,972$4,607$3,512$2,650$1,982$479
25 years$5,672$4,323$3,253$2,420$1,784$400
26 years$5,396$4,063$3,017$2,213$1,607$335
27 years$5,140$3,824$2,802$2,026$1,449$280
28 years$4,903$3,603$2,604$1,856$1,307$235
29 years$4,683$3,399$2,424$1,702$1,180$196
30 years$4,478$3,210$2,258$1,562$1,066$164
31 years$4,287$3,035$2,105$1,434$964$138
32 years$4,108$2,872$1,964$1,318$872$115
33 years$3,940$2,719$1,833$1,212$789$97
34 years$3,782$2,577$1,713$1,115$715$81
35 years$3,634$2,445$1,602$1,027$647$68
36 years$3,494$2,320$1,498$946$586$57
37 years$3,362$2,204$1,402$871$532$48
38 years$3,238$2,094$1,313$803$482$40
39 years$3,120$1,992$1,230$740$437$33
40 years$3,008$1,895$1,153$683$396$28
41 years$2,902$1,804$1,081$630$360$24
42 years$2,801$1,718$1,014$582$326$20
43 years$2,705$1,637$952$537$296$17
44 years$2,614$1,560$893$496$269$14
45 years$2,527$1,488$839$458$244$12
46 years$2,444$1,419$788$423$222$10
47 years$2,365$1,354$740$391$201$8
48 years$2,289$1,293$696$361$183$7
49 years$2,217$1,235$654$334$166$6
50 years$2,148$1,179$615$308$151$5

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 $2,713 every year, while hoping to spend $31,778 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: 56/32/12 Blend
44$2,200,000$2,200,000$2,200,000$2,200,000
45$2,427,198$2,310,598$2,276,498$2,555,611
46$2,640,961$2,390,006$2,318,950$2,722,261
47$2,875,463$2,472,240$2,361,758$2,899,971
48$3,132,785$2,557,404$2,404,901$3,092,793
49$3,415,220$2,645,609$2,448,357$3,302,175
50$3,725,295$2,736,966$2,492,100$3,529,710
51$4,065,792$2,831,595$2,536,102$3,777,152
52$4,439,776$2,929,616$2,580,335$4,046,430
53$4,850,624$3,031,157$2,624,766$4,339,666
54$5,302,054$3,136,351$2,669,363$4,659,197
55$5,798,166$3,245,334$2,714,089$5,007,593
56$6,343,473$3,358,250$2,758,904$5,387,682
57$6,942,949$3,475,246$2,803,769$5,802,580
58$7,602,073$3,596,476$2,848,639$6,255,713
59$8,326,883$3,722,102$2,893,467$6,750,856
60$9,124,029$3,852,289$2,938,203$7,292,163
61$10,000,840$3,987,212$2,982,793$7,884,208
62$10,965,390$4,127,049$3,027,180$8,532,027
63$12,026,575$4,271,989$3,071,306$9,241,165
64$13,194,196$4,422,227$3,115,105$10,017,730
65$14,479,053$4,577,965$3,158,510$10,868,445
66$15,893,046$4,739,415$3,201,449$11,800,716
67$17,449,285$4,906,795$3,243,846$12,822,699
68$19,162,218$5,080,334$3,285,621$13,943,376
69$21,047,763$5,260,269$3,326,688$15,172,639
70$23,123,460$5,446,847$3,366,957$16,521,385
71$25,408,636$5,640,326$3,406,333$18,001,615
72$27,924,587$5,840,972$3,444,716$19,626,550
73$30,694,780$6,049,065$3,481,999$21,410,751
74$33,745,072$6,264,893$3,518,070$23,370,259
75$37,103,955$6,488,759$3,552,812$25,522,744
76$40,802,827$6,720,977$3,586,099$27,887,672
77$44,876,283$6,961,872$3,617,801$30,486,486
78$49,362,446$7,211,786$3,647,780$33,342,810
79$54,303,324$7,471,072$3,675,889$36,482,669
80$59,745,208$7,740,099$3,701,976$39,934,734
81$65,739,107$8,019,252$3,725,880$43,730,594
82$72,341,229$8,308,929$3,747,431$47,905,050
83$79,613,516$8,609,548$3,766,451$52,496,444
84$87,624,220$8,921,541$3,782,753$57,547,019
85$96,448,556$9,245,362$3,796,140$63,103,319
86$106,169,403$9,581,479$3,806,405$69,216,624
87$116,878,094$9,930,384$3,813,332$75,943,434
88$128,675,273$10,292,586$3,816,692$83,346,002
89$141,671,847$10,668,618$3,816,247$91,492,919
90$155,990,029$11,059,035$3,811,745$100,459,763
91$171,764,497$11,464,412$3,802,923$110,329,806
92$189,143,660$11,885,353$3,789,506$121,194,803
93$208,291,063$12,322,485$3,771,203$133,155,855
94$229,386,925$12,776,460$3,747,712$146,324,362
95$252,629,845$13,247,961$3,718,715$160,823,073
96$278,238,675$13,737,697$3,683,878$176,787,242
97$306,454,585$14,246,408$3,642,852$194,365,906
98$337,543,337$14,774,867$3,595,272$213,723,287
99$371,797,799$15,323,877$3,540,756$235,040,342
100$409,540,705$15,894,278$3,478,902$258,516,468