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

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 $2,260,000?

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 $6,429 every year, while hoping to spend $38,511 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: 38/37/25 Blend
44$2,260,000$2,260,000$2,260,000$2,260,000
45$2,497,152$2,377,372$2,342,342$2,573,206
46$2,710,886$2,452,887$2,379,835$2,704,814
47$2,945,130$2,530,813$2,417,293$2,842,913
48$3,201,935$2,611,225$2,454,675$2,991,409
49$3,483,562$2,694,204$2,491,935$3,151,267
50$3,792,498$2,779,833$2,529,028$3,323,548
51$4,131,484$2,868,196$2,565,902$3,509,421
52$4,503,540$2,959,382$2,602,504$3,710,170
53$4,911,990$3,053,481$2,638,777$3,927,209
54$5,360,499$3,150,587$2,674,662$4,162,093
55$5,853,101$3,250,797$2,710,094$4,416,533
56$6,394,243$3,354,212$2,745,008$4,692,411
57$6,988,821$3,460,933$2,779,331$4,991,802
58$7,642,230$3,571,069$2,812,988$5,316,985
59$8,360,415$3,684,728$2,845,900$5,670,473
60$9,149,923$3,802,025$2,877,983$6,055,029
61$10,017,967$3,923,077$2,909,148$6,473,698
62$10,972,498$4,048,006$2,939,302$6,929,830
63$12,022,270$4,176,935$2,968,346$7,427,117
64$13,176,932$4,309,996$2,996,177$7,969,622
65$14,447,114$4,447,321$3,022,684$8,561,819
66$15,844,528$4,589,048$3,047,752$9,208,637
67$17,382,078$4,735,319$3,071,260$9,915,505
68$19,073,983$4,886,282$3,093,080$10,688,399
69$20,935,908$5,042,089$3,113,077$11,533,906
70$22,985,116$5,202,896$3,131,110$12,459,277
71$25,240,625$5,368,866$3,147,030$13,472,503
72$27,723,394$5,540,166$3,160,680$14,582,384
73$30,456,515$5,716,968$3,171,898$15,798,614
74$33,465,432$5,899,452$3,180,508$17,131,875
75$36,778,182$6,087,802$3,186,332$18,593,932
76$40,425,660$6,282,208$3,189,178$20,197,747
77$44,441,909$6,482,867$3,188,846$21,957,601
78$48,864,438$6,689,982$3,185,128$23,889,227
79$53,734,584$6,903,765$3,177,802$26,009,959
80$59,097,893$7,124,430$3,166,640$28,338,896
81$65,004,554$7,352,203$3,151,398$30,897,078
82$71,509,873$7,587,316$3,131,824$33,707,692
83$78,674,792$7,830,006$3,107,653$36,796,281
84$86,566,467$8,080,523$3,078,605$40,190,992
85$95,258,898$8,339,120$3,044,390$43,922,837
86$104,833,631$8,606,062$3,004,703$48,025,989
87$115,380,524$8,881,622$2,959,223$52,538,099
88$126,998,596$9,166,080$2,907,616$57,500,656
89$139,796,964$9,459,729$2,849,532$62,959,377
90$153,895,867$9,762,869$2,784,604$68,964,635
91$169,427,806$10,075,810$2,712,449$75,571,939
92$186,538,792$10,398,874$2,632,665$82,842,452
93$205,389,723$10,732,393$2,544,833$90,843,573
94$226,157,903$11,076,709$2,448,514$99,649,572
95$249,038,719$11,432,177$2,343,249$109,342,285
96$274,247,478$11,799,164$2,228,558$120,011,895
97$302,021,445$12,178,047$2,103,939$131,757,777
98$332,622,080$12,569,219$1,968,868$144,689,435
99$366,337,504$12,973,083$1,822,797$158,927,539
100$403,485,223$13,390,057$1,665,154$174,605,063