Can I retire at age 45 with 2,260,000?

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 $2,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$186,629$184,966$183,344$181,761$180,216$173,339
2 years$92,390$90,670$89,002$87,385$85,817$78,970
3 years$60,982$59,254$57,590$55,989$54,446$47,844
4 years$45,281$43,558$41,911$40,337$38,831$32,524
5 years$35,862$34,150$32,525$30,982$29,519$23,523
6 years$29,585$27,886$26,285$24,777$23,357$17,677
7 years$25,104$23,419$21,843$20,370$18,996$13,630
8 years$21,744$20,074$18,524$17,088$15,759$10,701
9 years$19,132$17,478$15,955$14,555$13,271$8,515
10 years$17,044$15,406$13,910$12,547$11,308$6,844
11 years$15,337$13,715$12,246$10,920$9,725$5,544
12 years$13,915$12,310$10,868$9,578$8,427$4,519
13 years$12,713$11,125$9,710$8,456$7,349$3,701
14 years$11,683$10,112$8,724$7,506$6,442$3,042
15 years$10,792$9,237$7,877$6,694$5,672$2,509
16 years$10,013$8,475$7,142$5,994$5,013$2,074
17 years$9,326$7,805$6,499$5,385$4,445$1,719
18 years$8,716$7,212$5,932$4,853$3,952$1,426
19 years$8,171$6,684$5,431$4,385$3,523$1,186
20 years$7,681$6,211$4,984$3,972$3,146$986
21 years$7,238$5,786$4,584$3,605$2,816$822
22 years$6,836$5,401$4,225$3,278$2,524$685
23 years$6,470$5,051$3,901$2,985$2,266$571
24 years$6,135$4,733$3,608$2,722$2,036$477
25 years$5,827$4,441$3,342$2,486$1,832$398
26 years$5,543$4,174$3,099$2,273$1,651$332
27 years$5,280$3,928$2,878$2,081$1,488$278
28 years$5,037$3,702$2,675$1,906$1,343$232
29 years$4,811$3,492$2,490$1,748$1,213$194
30 years$4,600$3,298$2,319$1,604$1,096$162
31 years$4,404$3,118$2,162$1,474$991$136
32 years$4,220$2,950$2,017$1,354$896$113
33 years$4,047$2,794$1,883$1,245$811$95
34 years$3,885$2,648$1,760$1,146$734$79
35 years$3,733$2,511$1,645$1,055$665$66
36 years$3,589$2,384$1,539$971$602$56
37 years$3,454$2,264$1,441$895$546$46
38 years$3,326$2,152$1,349$825$495$39
39 years$3,205$2,046$1,264$761$449$33
40 years$3,090$1,946$1,185$702$407$27
41 years$2,981$1,853$1,111$647$369$23
42 years$2,877$1,765$1,042$597$335$19
43 years$2,779$1,681$978$551$304$16
44 years$2,685$1,603$918$509$276$13
45 years$2,596$1,528$862$470$251$11
46 years$2,511$1,458$809$434$228$9
47 years$2,430$1,391$760$401$207$8
48 years$2,352$1,328$715$371$188$7
49 years$2,278$1,268$672$343$170$5
50 years$2,207$1,212$631$317$155$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,260,000, adding $6,391 every year, while hoping to spend $35,484 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: 45/43/12 Blend
44$2,260,000$2,260,000$2,260,000$2,260,000
45$2,497,112$2,377,332$2,342,302$2,600,686
46$2,714,063$2,456,067$2,383,015$2,751,984
47$2,951,954$2,537,470$2,423,902$2,911,827
48$3,212,882$2,621,636$2,464,932$3,084,362
49$3,499,160$2,708,660$2,506,071$3,270,773
50$3,813,333$2,798,643$2,547,283$3,472,364
51$4,158,205$2,891,688$2,588,529$3,690,567
52$4,536,866$2,987,905$2,629,769$3,926,958
53$4,952,717$3,087,403$2,670,957$4,183,269
54$5,409,508$3,190,299$2,712,047$4,461,406
55$5,911,367$3,296,713$2,752,990$4,763,464
56$6,462,843$3,406,769$2,793,732$5,091,749
57$7,068,949$3,520,596$2,834,218$5,448,796
58$7,735,204$3,638,328$2,874,387$5,837,398
59$8,467,692$3,760,103$2,914,176$6,260,625
60$9,273,113$3,886,065$2,953,518$6,721,857
61$10,158,852$4,016,364$2,992,342$7,224,814
62$11,133,043$4,151,153$3,030,573$7,773,591
63$12,204,647$4,290,594$3,068,131$8,372,693
64$13,383,541$4,434,852$3,104,933$9,027,084
65$14,680,603$4,584,101$3,140,889$9,742,226
66$16,107,821$4,738,519$3,175,906$10,524,132
67$17,678,404$4,898,292$3,209,884$11,379,424
68$19,406,906$5,063,613$3,242,720$12,315,393
69$21,309,362$5,234,681$3,274,303$13,340,069
70$23,403,442$5,411,705$3,304,516$14,462,293
71$25,708,614$5,594,900$3,333,239$15,691,801
72$28,246,332$5,784,489$3,360,341$17,039,318
73$31,040,233$5,980,704$3,385,688$18,516,653
74$34,116,364$6,183,786$3,409,136$20,136,813
75$37,503,426$6,393,985$3,430,535$21,914,127
76$41,233,046$6,611,560$3,449,728$23,864,375
77$45,340,071$6,836,781$3,466,549$26,004,940
78$49,862,902$7,069,928$3,480,822$28,354,968
79$54,843,854$7,311,290$3,492,365$30,935,552
80$60,329,553$7,561,169$3,500,985$33,769,928
81$66,371,380$7,819,879$3,506,481$36,883,689
82$73,025,952$8,087,744$3,508,639$40,305,035
83$80,355,657$8,365,102$3,507,237$44,065,028
84$88,429,246$8,652,304$3,502,041$48,197,891
85$97,322,477$8,949,714$3,492,807$52,741,326
86$107,118,831$9,257,711$3,479,277$57,736,871
87$117,910,300$9,576,688$3,461,182$63,230,289
88$129,798,258$9,907,053$3,438,239$69,272,001
89$142,894,413$10,249,231$3,410,153$75,917,558
90$157,321,863$10,603,663$3,376,612$83,228,164
91$173,216,257$10,970,807$3,337,293$91,271,256
92$190,727,078$11,351,139$3,291,855$100,121,134
93$210,019,050$11,745,154$3,239,942$109,859,665
94$231,273,693$12,153,368$3,181,180$120,577,051
95$254,691,041$12,576,313$3,115,181$132,372,680
96$280,491,522$13,014,548$3,041,534$145,356,065
97$308,918,045$13,468,648$2,959,813$159,647,872
98$340,238,289$13,939,216$2,869,571$175,381,059
99$374,747,233$14,426,875$2,770,339$192,702,129
100$412,769,934$14,932,276$2,661,630$211,772,513