Can I retire at age 45 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$185,803$184,148$182,533$180,957$179,418$175,294
2 years$91,982$90,269$88,608$86,999$85,437$81,305
3 years$60,712$58,991$57,335$55,741$54,205$50,194
4 years$45,080$43,365$41,726$40,158$38,659$34,800
5 years$35,704$33,999$32,381$30,845$29,388$25,692
6 years$29,455$27,762$26,168$24,667$23,254$19,724
7 years$24,993$23,315$21,746$20,280$18,912$15,549
8 years$21,648$19,985$18,442$17,013$15,689$12,492
9 years$19,048$17,401$15,884$14,491$13,212$10,179
10 years$16,969$15,338$13,848$12,491$11,258$8,384
11 years$15,269$13,654$12,192$10,871$9,682$6,964
12 years$13,853$12,255$10,820$9,536$8,390$5,824
13 years$12,657$11,075$9,667$8,418$7,316$4,898
14 years$11,632$10,067$8,686$7,473$6,414$4,137
15 years$10,744$9,197$7,842$6,665$5,647$3,507
16 years$9,968$8,438$7,110$5,967$4,991$2,982
17 years$9,285$7,771$6,470$5,362$4,425$2,542
18 years$8,677$7,181$5,906$4,832$3,935$2,172
19 years$8,135$6,655$5,407$4,366$3,507$1,859
20 years$7,647$6,184$4,962$3,954$3,133$1,593
21 years$7,206$5,760$4,564$3,589$2,803$1,368
22 years$6,806$5,377$4,207$3,263$2,513$1,175
23 years$6,441$5,029$3,884$2,972$2,256$1,011
24 years$6,108$4,712$3,592$2,710$2,027$870
25 years$5,801$4,422$3,327$2,475$1,824$749
26 years$5,518$4,156$3,086$2,263$1,643$646
27 years$5,257$3,911$2,865$2,072$1,482$557
28 years$5,015$3,685$2,664$1,898$1,337$480
29 years$4,790$3,477$2,479$1,741$1,207$415
30 years$4,580$3,283$2,309$1,597$1,091$358
31 years$4,384$3,104$2,152$1,467$986$309
32 years$4,201$2,937$2,008$1,348$892$267
33 years$4,029$2,781$1,875$1,240$807$231
34 years$3,868$2,636$1,752$1,141$731$199
35 years$3,716$2,500$1,638$1,050$662$172
36 years$3,574$2,373$1,532$967$600$149
37 years$3,439$2,254$1,434$891$544$129
38 years$3,311$2,142$1,343$821$493$111
39 years$3,190$2,037$1,258$757$447$96
40 years$3,076$1,938$1,179$699$405$83
41 years$2,968$1,845$1,106$644$368$72
42 years$2,865$1,757$1,037$595$334$62
43 years$2,767$1,674$973$549$303$54
44 years$2,673$1,596$914$507$275$47
45 years$2,584$1,522$858$468$250$40
46 years$2,500$1,451$806$432$227$35
47 years$2,419$1,385$757$400$206$30
48 years$2,341$1,322$711$369$187$26
49 years$2,268$1,263$669$341$170$23
50 years$2,197$1,206$629$315$154$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,250,000, adding $3,082 every year, while hoping to spend $29,227 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: 58/31/11 Blend
44$2,250,000$2,250,000$2,250,000$2,250,000
45$2,482,679$2,363,429$2,328,554$2,619,866
46$2,704,815$2,448,140$2,375,463$2,797,401
47$2,948,629$2,536,022$2,422,964$2,987,293
48$3,216,302$2,627,200$2,471,047$3,193,574
49$3,510,236$2,721,803$2,519,697$3,417,820
50$3,833,075$2,819,967$2,568,902$3,661,766
51$4,187,735$2,921,831$2,618,647$3,927,318
52$4,577,427$3,027,544$2,668,914$4,216,573
53$5,005,687$3,137,256$2,719,685$4,531,841
54$5,476,412$3,251,127$2,770,940$4,875,662
55$5,993,896$3,369,322$2,822,657$5,250,831
56$6,562,869$3,492,014$2,874,811$5,660,424
57$7,188,541$3,619,383$2,927,377$6,107,827
58$7,876,654$3,751,614$2,980,326$6,596,769
59$8,633,533$3,888,903$3,033,627$7,131,351
60$9,466,148$4,031,454$3,087,248$7,716,092
61$10,382,177$4,179,478$3,141,153$8,355,963
62$11,390,082$4,333,194$3,195,304$9,056,440
63$12,499,184$4,492,834$3,249,660$9,823,552
64$13,719,754$4,658,637$3,304,178$10,663,937
65$15,063,111$4,830,852$3,358,809$11,584,904
66$16,541,724$5,009,740$3,413,506$12,594,503
67$18,169,335$5,195,572$3,468,213$13,701,598
68$19,961,083$5,388,631$3,522,874$14,915,954
69$21,933,651$5,589,212$3,577,428$16,248,320
70$24,105,422$5,797,622$3,631,810$17,710,541
71$26,496,652$6,014,182$3,685,953$19,315,659
72$29,129,660$6,239,226$3,739,782$21,078,040
73$32,029,042$6,473,104$3,793,220$23,013,510
74$35,221,896$6,716,179$3,846,186$25,139,498
75$38,738,088$6,968,830$3,898,591$27,475,207
76$42,610,524$7,231,453$3,950,345$30,041,786
77$46,875,464$7,504,461$4,001,348$32,862,537
78$51,572,865$7,788,284$4,051,498$35,963,126
79$56,746,760$8,083,372$4,100,685$39,371,830
80$62,445,665$8,390,193$4,148,793$43,119,799
81$68,723,047$8,709,237$4,195,702$47,241,353
82$75,637,821$9,041,013$4,241,282$51,774,299
83$83,254,911$9,386,055$4,285,397$56,760,291
84$91,645,858$9,744,917$4,327,904$62,245,220
85$100,889,499$10,118,181$4,368,651$68,279,647
86$111,072,707$10,506,451$4,407,480$74,919,279
87$122,291,215$10,910,360$4,444,223$82,225,489
88$134,650,518$11,330,566$4,478,704$90,265,901
89$148,266,866$11,767,759$4,510,735$99,115,019
90$163,268,364$12,222,658$4,540,123$108,854,936
91$179,796,181$12,696,012$4,566,661$119,576,102
92$198,005,881$13,188,605$4,590,133$131,378,177
93$218,068,890$13,701,256$4,610,312$144,370,971
94$240,174,117$14,234,818$4,626,958$158,675,478
95$264,529,738$14,790,185$4,639,822$174,425,017
96$291,365,154$15,368,287$4,648,639$191,766,487
97$320,933,164$15,970,098$4,653,133$210,861,750
98$353,512,348$16,596,633$4,653,013$231,889,163
99$389,409,694$17,248,955$4,647,976$255,045,250
100$428,963,501$17,928,171$4,637,701$280,546,563