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

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$182,500$180,874$179,288$177,740$176,229$173,523
2 years$90,346$88,664$87,033$85,452$83,918$81,200
3 years$59,633$57,943$56,316$54,750$53,241$50,593
4 years$44,279$42,594$40,984$39,444$37,972$35,415
5 years$35,069$33,394$31,805$30,297$28,866$26,408
6 years$28,931$27,269$25,703$24,229$22,841$20,484
7 years$24,548$22,900$21,359$19,920$18,575$16,321
8 years$21,263$19,630$18,115$16,710$15,410$13,258
9 years$18,709$17,091$15,602$14,233$12,978$10,926
10 years$16,667$15,065$13,602$12,269$11,058$9,105
11 years$14,997$13,412$11,975$10,678$9,510$7,655
12 years$13,607$12,038$10,628$9,366$8,241$6,481
13 years$12,432$10,878$9,495$8,269$7,186$5,519
14 years$11,425$9,888$8,531$7,340$6,300$4,722
15 years$10,553$9,033$7,703$6,546$5,547$4,056
16 years$9,791$8,288$6,984$5,861$4,902$3,495
17 years$9,119$7,633$6,355$5,266$4,347$3,021
18 years$8,523$7,053$5,801$4,746$3,865$2,617
19 years$7,990$6,537$5,311$4,288$3,445$2,271
20 years$7,511$6,074$4,874$3,884$3,077$1,975
21 years$7,078$5,658$4,483$3,525$2,753$1,720
22 years$6,685$5,281$4,132$3,205$2,468$1,499
23 years$6,327$4,940$3,815$2,919$2,216$1,309
24 years$5,999$4,628$3,528$2,662$1,991$1,143
25 years$5,698$4,343$3,268$2,431$1,792$1,000
26 years$5,420$4,082$3,031$2,223$1,614$875
27 years$5,163$3,842$2,814$2,035$1,455$766
28 years$4,926$3,620$2,616$1,864$1,313$671
29 years$4,705$3,415$2,435$1,710$1,186$588
30 years$4,499$3,225$2,268$1,569$1,071$516
31 years$4,306$3,049$2,114$1,441$969$453
32 years$4,126$2,885$1,973$1,324$876$397
33 years$3,958$2,732$1,842$1,218$793$349
34 years$3,799$2,589$1,721$1,120$718$306
35 years$3,650$2,456$1,609$1,031$650$269
36 years$3,510$2,331$1,505$950$589$236
37 years$3,377$2,214$1,409$875$534$207
38 years$3,252$2,104$1,319$807$484$182
39 years$3,134$2,001$1,236$744$439$160
40 years$3,021$1,903$1,158$686$398$141
41 years$2,915$1,812$1,086$633$361$124
42 years$2,814$1,726$1,019$584$328$109
43 years$2,717$1,644$956$539$297$96
44 years$2,626$1,567$898$498$270$84
45 years$2,539$1,494$843$460$245$74
46 years$2,455$1,426$792$425$223$65
47 years$2,376$1,361$744$392$202$57
48 years$2,300$1,299$699$363$184$50
49 years$2,227$1,240$657$335$167$44
50 years$2,158$1,185$618$310$151$39

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 $6,761 every year, while hoping to spend $22,454 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: 67/14/19 Blend
44$2,210,000$2,210,000$2,210,000$2,210,000
45$2,442,394$2,325,264$2,291,009$2,594,111
46$2,667,627$2,415,311$2,343,867$2,786,531
47$2,915,082$2,509,018$2,397,743$2,993,639
48$3,187,000$2,606,540$2,452,648$3,219,574
49$3,485,854$2,708,040$2,508,591$3,466,186
50$3,814,365$2,813,688$2,565,582$3,735,513
51$4,175,532$2,923,660$2,623,631$4,029,796
52$4,572,659$3,038,142$2,682,746$4,351,503
53$5,009,386$3,157,327$2,742,934$4,703,353
54$5,489,725$3,281,418$2,804,204$5,088,337
55$6,018,094$3,410,624$2,866,561$5,509,752
56$6,599,361$3,545,167$2,930,013$5,971,225
57$7,238,892$3,685,276$2,994,564$6,476,752
58$7,942,596$3,831,192$3,060,219$7,030,733
59$8,716,987$3,983,165$3,126,982$7,638,014
60$9,569,238$4,141,459$3,194,855$8,303,932
61$10,507,258$4,306,348$3,263,840$9,034,366
62$11,539,757$4,478,118$3,333,938$9,835,790
63$12,676,336$4,657,069$3,405,148$10,715,336
64$13,927,570$4,843,513$3,477,468$11,680,859
65$15,305,114$5,037,778$3,550,896$12,741,011
66$16,821,812$5,240,206$3,625,427$13,905,324
67$18,491,814$5,451,152$3,701,055$15,184,297
68$20,330,712$5,670,992$3,777,774$16,589,498
69$22,355,689$5,900,115$3,855,574$18,133,667
70$24,585,678$6,138,929$3,934,444$19,830,842
71$27,041,542$6,387,861$4,014,373$21,696,487
72$29,746,269$6,647,357$4,095,344$23,747,638
73$32,725,193$6,917,882$4,177,343$26,003,065
74$36,006,229$7,199,925$4,260,350$28,483,448
75$39,620,137$7,493,994$4,344,345$31,211,567
76$43,600,814$7,800,622$4,429,303$34,212,526
77$47,985,612$8,120,367$4,515,199$37,513,977
78$52,815,691$8,453,811$4,602,005$41,146,394
79$58,136,407$8,801,564$4,689,688$45,143,346
80$63,997,742$9,164,263$4,778,214$49,541,824
81$70,454,774$9,542,573$4,867,546$54,382,585
82$77,568,194$9,937,193$4,957,642$59,710,535
83$85,404,884$10,348,850$5,048,458$65,575,154
84$94,038,547$10,778,308$5,139,946$72,030,961
85$103,550,397$11,226,363$5,232,052$79,138,028
86$114,029,933$11,693,851$5,324,722$86,962,547
87$125,575,780$12,181,643$5,417,894$95,577,453
88$138,296,620$12,690,654$5,511,503$105,063,111
89$152,312,217$13,221,837$5,605,480$115,508,076
90$167,754,548$13,776,193$5,699,749$127,009,924
91$184,769,052$14,354,766$5,794,231$139,676,175
92$203,515,997$14,958,651$5,888,839$153,625,306
93$224,171,996$15,588,992$5,983,482$168,987,869
94$246,931,674$16,246,987$6,078,063$185,907,718
95$272,009,504$16,933,889$6,172,478$204,543,374
96$299,641,833$17,651,009$6,266,616$225,069,510
97$330,089,111$18,399,720$6,360,359$247,678,606
98$363,638,352$19,181,458$6,453,582$272,582,763
99$400,605,841$19,997,726$6,546,154$300,015,701
100$441,340,119$20,850,097$6,637,932$330,234,967