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%17.2%
1 years$182,500$180,874$179,288$177,740$176,229$171,067
2 years$90,346$88,664$87,033$85,452$83,918$78,760
3 years$59,633$57,943$56,316$54,750$53,241$48,248
4 years$44,279$42,594$40,984$39,444$37,972$33,182
5 years$35,069$33,394$31,805$30,297$28,866$24,292
6 years$28,931$27,269$25,703$24,229$22,841$18,487
7 years$24,548$22,900$21,359$19,920$18,575$14,442
8 years$21,263$19,630$18,115$16,710$15,410$11,495
9 years$18,709$17,091$15,602$14,233$12,978$9,276
10 years$16,667$15,065$13,602$12,269$11,058$7,565
11 years$14,997$13,412$11,975$10,678$9,510$6,220
12 years$13,607$12,038$10,628$9,366$8,241$5,147
13 years$12,432$10,878$9,495$8,269$7,186$4,282
14 years$11,425$9,888$8,531$7,340$6,300$3,577
15 years$10,553$9,033$7,703$6,546$5,547$2,999
16 years$9,791$8,288$6,984$5,861$4,902$2,521
17 years$9,119$7,633$6,355$5,266$4,347$2,124
18 years$8,523$7,053$5,801$4,746$3,865$1,793
19 years$7,990$6,537$5,311$4,288$3,445$1,517
20 years$7,511$6,074$4,874$3,884$3,077$1,284
21 years$7,078$5,658$4,483$3,525$2,753$1,089
22 years$6,685$5,281$4,132$3,205$2,468$924
23 years$6,327$4,940$3,815$2,919$2,216$785
24 years$5,999$4,628$3,528$2,662$1,991$667
25 years$5,698$4,343$3,268$2,431$1,792$567
26 years$5,420$4,082$3,031$2,223$1,614$483
27 years$5,163$3,842$2,814$2,035$1,455$411
28 years$4,926$3,620$2,616$1,864$1,313$350
29 years$4,705$3,415$2,435$1,710$1,186$298
30 years$4,499$3,225$2,268$1,569$1,071$254
31 years$4,306$3,049$2,114$1,441$969$216
32 years$4,126$2,885$1,973$1,324$876$184
33 years$3,958$2,732$1,842$1,218$793$157
34 years$3,799$2,589$1,721$1,120$718$134
35 years$3,650$2,456$1,609$1,031$650$114
36 years$3,510$2,331$1,505$950$589$97
37 years$3,377$2,214$1,409$875$534$83
38 years$3,252$2,104$1,319$807$484$71
39 years$3,134$2,001$1,236$744$439$60
40 years$3,021$1,903$1,158$686$398$52
41 years$2,915$1,812$1,086$633$361$44
42 years$2,814$1,726$1,019$584$328$38
43 years$2,717$1,644$956$539$297$32
44 years$2,626$1,567$898$498$270$27
45 years$2,539$1,494$843$460$245$23
46 years$2,455$1,426$792$425$223$20
47 years$2,376$1,361$744$392$202$17
48 years$2,300$1,299$699$363$184$14
49 years$2,227$1,240$657$335$167$12
50 years$2,158$1,185$618$310$151$11

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 $6,890 every year, while hoping to spend $46,965 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: 23/50/27 Blend
44$2,210,000$2,210,000$2,210,000$2,210,000
45$2,442,527$2,325,397$2,291,142$2,477,680
46$2,641,694$2,389,371$2,317,925$2,572,443
47$2,859,603$2,454,906$2,344,031$2,669,421
48$3,098,114$2,522,028$2,369,388$2,772,248
49$3,359,279$2,590,765$2,393,919$2,881,436
50$3,645,355$2,661,142$2,417,545$2,997,549
51$3,958,829$2,733,185$2,440,181$3,121,207
52$4,302,439$2,806,921$2,461,736$3,253,092
53$4,679,201$2,882,373$2,482,118$3,393,957
54$5,092,437$2,959,567$2,501,226$3,544,628
55$5,545,806$3,038,526$2,518,958$3,706,015
56$6,043,338$3,119,274$2,535,203$3,879,123
57$6,589,471$3,201,831$2,549,845$4,065,056
58$7,189,096$3,286,220$2,562,764$4,265,030
59$7,847,600$3,372,460$2,573,832$4,480,386
60$8,570,914$3,460,570$2,582,915$4,712,600
61$9,365,577$3,550,568$2,589,872$4,963,299
62$10,238,789$3,642,469$2,594,556$5,234,275
63$11,198,484$3,736,288$2,596,811$5,527,504
64$12,253,400$3,832,037$2,596,475$5,845,162
65$13,413,167$3,929,726$2,593,377$6,189,647
66$14,688,392$4,029,365$2,587,338$6,563,603
67$16,090,764$4,130,960$2,578,169$6,969,942
68$17,633,158$4,234,514$2,565,674$7,411,877
69$19,329,763$4,340,027$2,549,647$7,892,945
70$21,196,208$4,447,498$2,529,870$8,417,048
71$23,249,718$4,556,922$2,506,117$8,988,484
72$25,509,268$4,668,290$2,478,151$9,611,993
73$27,995,767$4,781,590$2,445,722$10,292,798
74$30,732,251$4,896,804$2,408,570$11,036,658
75$33,744,106$5,013,913$2,366,423$11,849,919
76$37,059,301$5,132,891$2,318,994$12,739,578
77$40,708,655$5,253,707$2,265,986$13,713,348
78$44,726,126$5,376,327$2,207,084$14,779,728
79$49,149,132$5,500,709$2,141,963$15,948,092
80$54,018,905$5,626,805$2,070,280$17,228,769
81$59,380,876$5,754,561$1,991,677$18,633,146
82$65,285,108$5,883,917$1,905,781$20,173,776
83$71,786,764$6,014,803$1,812,199$21,864,497
84$78,946,629$6,147,145$1,710,524$23,720,560
85$86,831,686$6,280,855$1,600,327$25,758,779
86$95,515,743$6,415,842$1,481,162$27,997,689
87$105,080,131$6,552,000$1,352,563$30,457,719
88$115,614,472$6,689,217$1,214,042$33,161,390
89$127,217,526$6,827,366$1,065,090$36,133,525
90$139,998,118$6,966,311$905,175$39,401,488
91$154,076,169$7,105,903$733,742$42,995,440
92$169,583,827$7,245,981$550,210$46,948,630
93$186,666,709$7,386,366$353,974$51,297,705
94$205,485,284$7,526,868$144,403$56,083,060
95$226,216,378$7,667,280$0$61,349,221
96$249,054,849$7,807,377$0$67,168,099
97$274,215,423$7,946,918$0$73,616,839
98$301,934,720$8,085,640$0$80,713,632
99$332,473,489$8,223,264$0$88,524,419
100$366,119,067$8,359,487$0$97,121,868