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%17.6%
1 years$185,803$184,148$182,533$180,957$179,418$173,884
2 years$91,982$90,269$88,608$86,999$85,437$79,910
3 years$60,712$58,991$57,335$55,741$54,205$48,858
4 years$45,080$43,365$41,726$40,158$38,659$33,534
5 years$35,704$33,999$32,381$30,845$29,388$24,498
6 years$29,455$27,762$26,168$24,667$23,254$18,603
7 years$24,993$23,315$21,746$20,280$18,912$14,500
8 years$21,648$19,985$18,442$17,013$15,689$11,513
9 years$19,048$17,401$15,884$14,491$13,212$9,268
10 years$16,969$15,338$13,848$12,491$11,258$7,539
11 years$15,269$13,654$12,192$10,871$9,682$6,183
12 years$13,853$12,255$10,820$9,536$8,390$5,103
13 years$12,657$11,075$9,667$8,418$7,316$4,234
14 years$11,632$10,067$8,686$7,473$6,414$3,527
15 years$10,744$9,197$7,842$6,665$5,647$2,949
16 years$9,968$8,438$7,110$5,967$4,991$2,472
17 years$9,285$7,771$6,470$5,362$4,425$2,077
18 years$8,677$7,181$5,906$4,832$3,935$1,748
19 years$8,135$6,655$5,407$4,366$3,507$1,474
20 years$7,647$6,184$4,962$3,954$3,133$1,244
21 years$7,206$5,760$4,564$3,589$2,803$1,052
22 years$6,806$5,377$4,207$3,263$2,513$890
23 years$6,441$5,029$3,884$2,972$2,256$753
24 years$6,108$4,712$3,592$2,710$2,027$638
25 years$5,801$4,422$3,327$2,475$1,824$541
26 years$5,518$4,156$3,086$2,263$1,643$459
27 years$5,257$3,911$2,865$2,072$1,482$389
28 years$5,015$3,685$2,664$1,898$1,337$330
29 years$4,790$3,477$2,479$1,741$1,207$280
30 years$4,580$3,283$2,309$1,597$1,091$238
31 years$4,384$3,104$2,152$1,467$986$202
32 years$4,201$2,937$2,008$1,348$892$172
33 years$4,029$2,781$1,875$1,240$807$146
34 years$3,868$2,636$1,752$1,141$731$124
35 years$3,716$2,500$1,638$1,050$662$105
36 years$3,574$2,373$1,532$967$600$90
37 years$3,439$2,254$1,434$891$544$76
38 years$3,311$2,142$1,343$821$493$65
39 years$3,190$2,037$1,258$757$447$55
40 years$3,076$1,938$1,179$699$405$47
41 years$2,968$1,845$1,106$644$368$40
42 years$2,865$1,757$1,037$595$334$34
43 years$2,767$1,674$973$549$303$29
44 years$2,673$1,596$914$507$275$24
45 years$2,584$1,522$858$468$250$21
46 years$2,500$1,451$806$432$227$18
47 years$2,419$1,385$757$400$206$15
48 years$2,341$1,322$711$369$187$13
49 years$2,268$1,263$669$341$170$11
50 years$2,197$1,206$629$315$154$9

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 $5,040 every year, while hoping to spend $38,099 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: 51/22/27 Blend
44$2,250,000$2,250,000$2,250,000$2,250,000
45$2,484,699$2,365,449$2,330,574$2,592,310
46$2,697,601$2,440,819$2,368,111$2,743,120
47$2,930,942$2,518,605$2,405,629$2,902,775
48$3,186,767$2,598,885$2,443,086$3,075,627
49$3,467,328$2,681,741$2,480,440$3,262,951
50$3,775,104$2,767,255$2,517,643$3,466,144
51$4,112,828$2,855,514$2,554,648$3,686,750
52$4,483,509$2,946,606$2,591,401$3,926,465
53$4,890,461$3,040,624$2,627,847$4,187,158
54$5,337,335$3,137,662$2,663,927$4,470,887
55$5,828,155$3,237,819$2,699,580$4,779,918
56$6,367,349$3,341,195$2,734,739$5,116,745
57$6,959,801$3,447,895$2,769,334$5,484,118
58$7,610,886$3,558,028$2,803,293$5,885,062
59$8,326,530$3,671,704$2,836,536$6,322,912
60$9,113,258$3,789,040$2,868,982$6,801,339
61$9,978,261$3,910,154$2,900,544$7,324,387
62$10,929,461$4,035,169$2,931,129$7,896,512
63$11,975,586$4,164,212$2,960,642$8,522,623
64$13,126,253$4,297,415$2,988,981$9,208,124
65$14,392,056$4,434,914$3,016,037$9,958,973
66$15,784,669$4,576,848$3,041,697$10,781,730
67$17,316,954$4,723,363$3,065,843$11,683,626
68$19,003,083$4,874,607$3,088,349$12,672,625
69$20,858,671$5,030,737$3,109,082$13,757,501
70$22,900,923$5,191,910$3,127,904$14,947,923
71$25,148,797$5,358,294$3,144,669$16,254,542
72$27,623,182$5,530,057$3,159,222$17,689,095
73$30,347,093$5,707,377$3,171,403$19,264,514
74$33,345,894$5,890,436$3,181,042$20,995,048
75$36,647,529$6,079,421$3,187,961$22,896,397
76$40,282,792$6,274,528$3,191,973$24,985,859
77$44,285,614$6,475,957$3,192,881$27,282,497
78$48,693,385$6,683,917$3,190,481$29,807,315
79$53,547,303$6,898,622$3,184,555$32,583,458
80$58,892,767$7,120,293$3,174,877$35,636,428
81$64,779,803$7,349,162$3,161,209$38,994,327
82$71,263,536$7,585,464$3,143,303$42,688,124
83$78,404,710$7,829,445$3,120,897$46,751,940
84$86,270,261$8,081,358$3,093,717$51,223,379
85$94,933,949$8,341,466$3,061,478$56,143,874
86$104,477,053$8,610,039$3,023,878$61,559,086
87$114,989,138$8,887,356$2,980,604$67,519,329
88$126,568,902$9,173,709$2,931,326$74,080,049
89$139,325,104$9,469,395$2,875,700$81,302,343
90$153,377,594$9,774,724$2,813,364$89,253,541
91$168,858,439$10,090,016$2,743,943$98,007,836
92$185,913,175$10,415,602$2,667,040$107,646,988
93$204,702,175$10,751,823$2,582,243$118,261,096
94$225,402,169$11,099,034$2,489,119$129,949,444
95$248,207,903$11,457,600$2,387,218$142,821,444
96$273,333,986$11,827,899$2,276,067$156,997,666
97$301,016,909$12,210,322$2,155,171$172,610,975
98$331,517,280$12,605,274$2,024,016$189,807,788
99$365,122,283$13,013,174$1,882,061$208,749,456
100$402,148,389$13,434,452$1,728,743$229,613,783