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%19.3%
1 years$182,500$180,874$179,288$177,740$176,229$169,639
2 years$90,346$88,664$87,033$85,452$83,918$77,355
3 years$59,633$57,943$56,316$54,750$53,241$46,910
4 years$44,279$42,594$40,984$39,444$37,972$31,922
5 years$35,069$33,394$31,805$30,297$28,866$23,112
6 years$28,931$27,269$25,703$24,229$22,841$17,387
7 years$24,548$22,900$21,359$19,920$18,575$13,421
8 years$21,263$19,630$18,115$16,710$15,410$10,550
9 years$18,709$17,091$15,602$14,233$12,978$8,405
10 years$16,667$15,065$13,602$12,269$11,058$6,765
11 years$14,997$13,412$11,975$10,678$9,510$5,487
12 years$13,607$12,038$10,628$9,366$8,241$4,478
13 years$12,432$10,878$9,495$8,269$7,186$3,672
14 years$11,425$9,888$8,531$7,340$6,300$3,023
15 years$10,553$9,033$7,703$6,546$5,547$2,497
16 years$9,791$8,288$6,984$5,861$4,902$2,067
17 years$9,119$7,633$6,355$5,266$4,347$1,715
18 years$8,523$7,053$5,801$4,746$3,865$1,426
19 years$7,990$6,537$5,311$4,288$3,445$1,187
20 years$7,511$6,074$4,874$3,884$3,077$989
21 years$7,078$5,658$4,483$3,525$2,753$825
22 years$6,685$5,281$4,132$3,205$2,468$689
23 years$6,327$4,940$3,815$2,919$2,216$575
24 years$5,999$4,628$3,528$2,662$1,991$481
25 years$5,698$4,343$3,268$2,431$1,792$402
26 years$5,420$4,082$3,031$2,223$1,614$336
27 years$5,163$3,842$2,814$2,035$1,455$282
28 years$4,926$3,620$2,616$1,864$1,313$236
29 years$4,705$3,415$2,435$1,710$1,186$197
30 years$4,499$3,225$2,268$1,569$1,071$165
31 years$4,306$3,049$2,114$1,441$969$138
32 years$4,126$2,885$1,973$1,324$876$116
33 years$3,958$2,732$1,842$1,218$793$97
34 years$3,799$2,589$1,721$1,120$718$81
35 years$3,650$2,456$1,609$1,031$650$68
36 years$3,510$2,331$1,505$950$589$57
37 years$3,377$2,214$1,409$875$534$48
38 years$3,252$2,104$1,319$807$484$40
39 years$3,134$2,001$1,236$744$439$34
40 years$3,021$1,903$1,158$686$398$28
41 years$2,915$1,812$1,086$633$361$24
42 years$2,814$1,726$1,019$584$328$20
43 years$2,717$1,644$956$539$297$17
44 years$2,626$1,567$898$498$270$14
45 years$2,539$1,494$843$460$245$12
46 years$2,455$1,426$792$425$223$10
47 years$2,376$1,361$744$392$202$8
48 years$2,300$1,299$699$363$184$7
49 years$2,227$1,240$657$335$167$6
50 years$2,158$1,185$618$310$151$5

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 $4,147 every year, while hoping to spend $38,577 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: 23/47/30 Blend
44$2,210,000$2,210,000$2,210,000$2,210,000
45$2,439,698$2,322,568$2,288,313$2,472,711
46$2,647,501$2,395,328$2,323,925$2,574,858
47$2,875,208$2,470,360$2,359,438$2,680,650
48$3,124,807$2,547,736$2,394,807$2,793,103
49$3,398,489$2,627,527$2,429,986$2,912,795
50$3,698,668$2,709,809$2,464,923$3,040,358
51$4,028,002$2,794,659$2,499,567$3,176,489
52$4,389,417$2,882,157$2,533,862$3,321,951
53$4,786,140$2,972,384$2,567,749$3,477,584
54$5,221,722$3,065,427$2,601,164$3,644,310
55$5,700,076$3,161,372$2,634,042$3,823,145
56$6,225,514$3,260,308$2,666,312$4,015,203
57$6,802,782$3,362,330$2,697,900$4,221,711
58$7,437,114$3,467,532$2,728,727$4,444,017
59$8,134,272$3,576,013$2,758,712$4,683,606
60$8,900,604$3,687,875$2,787,765$4,942,109
61$9,743,107$3,803,221$2,815,797$5,221,323
62$10,669,486$3,922,161$2,842,708$5,523,225
63$11,688,232$4,044,806$2,868,397$5,849,988
64$12,808,700$4,171,269$2,892,756$6,204,009
65$14,041,196$4,301,670$2,915,672$6,587,921
66$15,397,075$4,436,129$2,937,025$7,004,627
67$16,888,850$4,574,773$2,956,689$7,457,321
68$18,530,307$4,717,731$2,974,532$7,949,519
69$20,336,634$4,865,135$2,990,414$8,485,095
70$22,324,568$5,017,124$3,004,190$9,068,312
71$24,512,549$5,173,838$3,015,706$9,703,867
72$26,920,897$5,335,424$3,024,800$10,396,932
73$29,572,000$5,502,032$3,031,303$11,153,203
74$32,490,529$5,673,817$3,035,036$11,978,955
75$35,703,667$5,850,938$3,035,814$12,881,098
76$39,241,367$6,033,559$3,033,439$13,867,245
77$43,136,633$6,221,851$3,027,707$14,945,781
78$47,425,836$6,415,987$3,018,400$16,125,943
79$52,149,048$6,616,148$3,005,294$17,417,907
80$57,350,431$6,822,519$2,988,151$18,832,885
81$63,078,643$7,035,291$2,966,723$20,383,226
82$69,387,305$7,254,660$2,940,748$22,082,538
83$76,335,501$7,480,829$2,909,954$23,945,812
84$83,988,340$7,714,008$2,874,055$25,989,564
85$92,417,567$7,954,410$2,832,752$28,231,993
86$101,702,241$8,202,259$2,785,732$30,693,150
87$111,929,481$8,457,782$2,732,666$33,395,126
88$123,195,289$8,721,214$2,673,211$36,362,265
89$135,605,453$8,992,798$2,607,008$39,621,386
90$149,276,547$9,272,783$2,533,681$43,202,045
91$164,337,032$9,561,426$2,452,836$47,136,806
92$180,928,466$9,858,993$2,364,063$51,461,551
93$199,206,842$10,165,756$2,266,931$56,215,820
94$219,344,058$10,481,996$2,160,991$61,443,182
95$241,529,540$10,808,002$2,045,773$67,191,646
96$265,972,032$11,144,073$1,920,785$73,514,115
97$292,901,563$11,490,515$1,785,515$80,468,884
98$322,571,617$11,847,646$1,639,424$88,120,192
99$355,261,531$12,215,789$1,481,954$96,538,826
100$391,279,126$12,595,281$1,312,518$105,802,792