Can I retire at age 45 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$182,500$180,874$179,288$177,740$176,229$174,461
2 years$90,346$88,664$87,033$85,452$83,918$82,138
3 years$59,633$57,943$56,316$54,750$53,241$51,503
4 years$44,279$42,594$40,984$39,444$37,972$36,290
5 years$35,069$33,394$31,805$30,297$28,866$27,244
6 years$28,931$27,269$25,703$24,229$22,841$21,282
7 years$24,548$22,900$21,359$19,920$18,575$17,080
8 years$21,263$19,630$18,115$16,710$15,410$13,979
9 years$18,709$17,091$15,602$14,233$12,978$11,609
10 years$16,667$15,065$13,602$12,269$11,058$9,751
11 years$14,997$13,412$11,975$10,678$9,510$8,264
12 years$13,607$12,038$10,628$9,366$8,241$7,055
13 years$12,432$10,878$9,495$8,269$7,186$6,059
14 years$11,425$9,888$8,531$7,340$6,300$5,229
15 years$10,553$9,033$7,703$6,546$5,547$4,531
16 years$9,791$8,288$6,984$5,861$4,902$3,940
17 years$9,119$7,633$6,355$5,266$4,347$3,437
18 years$8,523$7,053$5,801$4,746$3,865$3,005
19 years$7,990$6,537$5,311$4,288$3,445$2,633
20 years$7,511$6,074$4,874$3,884$3,077$2,311
21 years$7,078$5,658$4,483$3,525$2,753$2,032
22 years$6,685$5,281$4,132$3,205$2,468$1,790
23 years$6,327$4,940$3,815$2,919$2,216$1,578
24 years$5,999$4,628$3,528$2,662$1,991$1,393
25 years$5,698$4,343$3,268$2,431$1,792$1,230
26 years$5,420$4,082$3,031$2,223$1,614$1,088
27 years$5,163$3,842$2,814$2,035$1,455$962
28 years$4,926$3,620$2,616$1,864$1,313$852
29 years$4,705$3,415$2,435$1,710$1,186$755
30 years$4,499$3,225$2,268$1,569$1,071$669
31 years$4,306$3,049$2,114$1,441$969$593
32 years$4,126$2,885$1,973$1,324$876$526
33 years$3,958$2,732$1,842$1,218$793$467
34 years$3,799$2,589$1,721$1,120$718$414
35 years$3,650$2,456$1,609$1,031$650$368
36 years$3,510$2,331$1,505$950$589$327
37 years$3,377$2,214$1,409$875$534$290
38 years$3,252$2,104$1,319$807$484$258
39 years$3,134$2,001$1,236$744$439$229
40 years$3,021$1,903$1,158$686$398$203
41 years$2,915$1,812$1,086$633$361$181
42 years$2,814$1,726$1,019$584$328$161
43 years$2,717$1,644$956$539$297$143
44 years$2,626$1,567$898$498$270$127
45 years$2,539$1,494$843$460$245$113
46 years$2,455$1,426$792$425$223$100
47 years$2,376$1,361$744$392$202$89
48 years$2,300$1,299$699$363$184$79
49 years$2,227$1,240$657$335$167$71
50 years$2,158$1,185$618$310$151$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,210,000, adding $4,786 every year, while hoping to spend $54,702 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: 75/20/5 Blend
44$2,210,000$2,210,000$2,210,000$2,210,000
45$2,440,357$2,323,227$2,288,972$2,622,216
46$2,631,071$2,378,862$2,307,450$2,798,023
47$2,839,404$2,435,391$2,324,713$2,983,124
48$3,067,096$2,492,798$2,340,664$3,184,346
49$3,316,062$2,551,067$2,355,199$3,403,264
50$3,588,411$2,610,180$2,368,208$3,641,611
51$3,886,463$2,670,113$2,379,578$3,901,296
52$4,212,776$2,730,842$2,389,187$4,184,419
53$4,570,165$2,792,339$2,396,910$4,493,296
54$4,961,729$2,854,571$2,402,614$4,830,475
55$5,390,883$2,917,503$2,406,160$5,198,764
56$5,861,387$2,981,094$2,407,400$5,601,255
57$6,377,383$3,045,302$2,406,182$6,041,353
58$6,943,431$3,110,077$2,402,345$6,522,810
59$7,564,556$3,175,366$2,395,718$7,049,760
60$8,246,293$3,241,111$2,386,126$7,626,753
61$8,994,736$3,307,246$2,373,383$8,258,807
62$9,816,601$3,373,703$2,357,293$8,951,447
63$10,719,284$3,440,405$2,337,653$9,710,759
64$11,710,936$3,507,270$2,314,249$10,543,451
65$12,800,532$3,574,206$2,286,856$11,456,911
66$13,997,961$3,641,118$2,255,241$12,459,282
67$15,314,119$3,707,899$2,219,158$13,559,533
68$16,761,009$3,774,435$2,178,350$14,767,547
69$18,351,855$3,840,605$2,132,547$16,094,216
70$20,101,225$3,906,276$2,081,468$17,551,538
71$22,025,172$3,971,305$2,024,819$19,152,735
72$24,141,380$4,035,540$1,962,292$20,912,377
73$26,469,335$4,098,816$1,893,563$22,846,517
74$29,030,506$4,160,957$1,818,296$24,972,845
75$31,848,548$4,221,773$1,736,139$27,310,854
76$34,949,522$4,281,063$1,646,722$29,882,025
77$38,362,148$4,338,610$1,549,662$32,710,026
78$42,118,066$4,394,181$1,444,555$35,820,942
79$46,252,142$4,447,529$1,330,980$39,243,515
80$50,802,792$4,498,389$1,208,499$43,009,416
81$55,812,345$4,546,478$1,076,652$47,153,551
82$61,327,444$4,591,495$934,960$51,714,381
83$67,399,484$4,633,119$782,922$56,734,291
84$74,085,096$4,671,007$620,015$62,259,988
85$81,446,683$4,704,793$445,692$68,342,944
86$89,553,006$4,734,090$259,384$75,039,879
87$98,479,836$4,758,483$60,496$82,413,301
88$108,310,663$4,777,532$0$90,532,092
89$119,137,489$4,790,770$0$99,480,256
90$131,061,695$4,797,700$0$109,337,318
91$144,194,994$4,797,793$0$120,192,270
92$158,660,487$4,790,489$0$132,146,736
93$174,593,825$4,775,191$0$145,312,707
94$192,144,487$4,751,267$0$159,813,596
95$211,477,192$4,718,047$0$175,785,403
96$232,773,454$4,674,819$0$193,377,998
97$256,233,290$4,620,829$0$212,756,539
98$282,077,113$4,555,277$0$234,103,030
99$310,547,809$4,477,316$0$257,618,038
100$341,913,029$4,386,049$0$283,522,589