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%15.6%
1 years$186,629$184,966$183,344$181,761$180,216$176,073
2 years$92,390$90,670$89,002$87,385$85,817$81,667
3 years$60,982$59,254$57,590$55,989$54,446$50,417
4 years$45,281$43,558$41,911$40,337$38,831$34,955
5 years$35,862$34,150$32,525$30,982$29,519$25,806
6 years$29,585$27,886$26,285$24,777$23,357$19,812
7 years$25,104$23,419$21,843$20,370$18,996$15,618
8 years$21,744$20,074$18,524$17,088$15,759$12,548
9 years$19,132$17,478$15,955$14,555$13,271$10,224
10 years$17,044$15,406$13,910$12,547$11,308$8,421
11 years$15,337$13,715$12,246$10,920$9,725$6,995
12 years$13,915$12,310$10,868$9,578$8,427$5,850
13 years$12,713$11,125$9,710$8,456$7,349$4,919
14 years$11,683$10,112$8,724$7,506$6,442$4,155
15 years$10,792$9,237$7,877$6,694$5,672$3,523
16 years$10,013$8,475$7,142$5,994$5,013$2,995
17 years$9,326$7,805$6,499$5,385$4,445$2,554
18 years$8,716$7,212$5,932$4,853$3,952$2,182
19 years$8,171$6,684$5,431$4,385$3,523$1,867
20 years$7,681$6,211$4,984$3,972$3,146$1,601
21 years$7,238$5,786$4,584$3,605$2,816$1,374
22 years$6,836$5,401$4,225$3,278$2,524$1,180
23 years$6,470$5,051$3,901$2,985$2,266$1,015
24 years$6,135$4,733$3,608$2,722$2,036$874
25 years$5,827$4,441$3,342$2,486$1,832$753
26 years$5,543$4,174$3,099$2,273$1,651$649
27 years$5,280$3,928$2,878$2,081$1,488$559
28 years$5,037$3,702$2,675$1,906$1,343$483
29 years$4,811$3,492$2,490$1,748$1,213$416
30 years$4,600$3,298$2,319$1,604$1,096$360
31 years$4,404$3,118$2,162$1,474$991$310
32 years$4,220$2,950$2,017$1,354$896$268
33 years$4,047$2,794$1,883$1,245$811$232
34 years$3,885$2,648$1,760$1,146$734$200
35 years$3,733$2,511$1,645$1,055$665$173
36 years$3,589$2,384$1,539$971$602$150
37 years$3,454$2,264$1,441$895$546$129
38 years$3,326$2,152$1,349$825$495$112
39 years$3,205$2,046$1,264$761$449$97
40 years$3,090$1,946$1,185$702$407$84
41 years$2,981$1,853$1,111$647$369$72
42 years$2,877$1,765$1,042$597$335$62
43 years$2,779$1,681$978$551$304$54
44 years$2,685$1,603$918$509$276$47
45 years$2,596$1,528$862$470$251$40
46 years$2,511$1,458$809$434$228$35
47 years$2,430$1,391$760$401$207$30
48 years$2,352$1,328$715$371$188$26
49 years$2,278$1,268$672$343$170$23
50 years$2,207$1,212$631$317$155$20

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 $4,642 every year, while hoping to spend $51,203 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: 46/31/23 Blend
44$2,260,000$2,260,000$2,260,000$2,260,000
45$2,495,308$2,375,528$2,340,498$2,593,434
46$2,695,350$2,437,450$2,364,425$2,724,800
47$2,914,080$2,500,689$2,387,438$2,861,834
48$3,153,350$2,565,257$2,409,451$3,009,478
49$3,415,200$2,631,163$2,430,376$3,168,748
50$3,701,876$2,698,414$2,450,118$3,340,763
51$4,015,849$2,767,019$2,468,579$3,526,756
52$4,359,843$2,836,980$2,485,655$3,728,083
53$4,736,858$2,908,303$2,501,235$3,946,241
54$5,150,197$2,980,989$2,515,205$4,182,877
55$5,603,496$3,055,037$2,527,444$4,439,806
56$6,100,763$3,130,444$2,537,824$4,719,028
57$6,646,412$3,207,207$2,546,212$5,022,748
58$7,245,303$3,285,317$2,552,467$5,353,393
59$7,902,790$3,364,764$2,556,441$5,713,641
60$8,624,774$3,445,536$2,557,981$6,106,440
61$9,417,750$3,527,617$2,556,922$6,535,041
62$10,288,877$3,610,987$2,553,096$7,003,025
63$11,246,041$3,695,623$2,546,323$7,514,341
64$12,297,928$3,781,499$2,536,415$8,073,337
65$13,454,108$3,868,584$2,523,177$8,684,809
66$14,725,125$3,956,843$2,506,401$9,354,042
67$16,122,594$4,046,235$2,485,872$10,086,860
68$17,659,314$4,136,716$2,461,364$10,889,682
69$19,349,384$4,228,235$2,432,640$11,769,582
70$21,208,339$4,320,736$2,399,451$12,734,360
71$23,253,295$4,414,158$2,361,538$13,792,609
72$25,503,111$4,508,431$2,318,629$14,953,802
73$27,978,564$4,603,480$2,270,439$16,228,381
74$30,702,548$4,699,221$2,216,669$17,627,853
75$33,700,289$4,795,564$2,157,009$19,164,901
76$36,999,581$4,892,409$2,091,131$20,853,507
77$40,631,050$4,989,649$2,018,696$22,709,078
78$44,628,440$5,087,165$1,939,345$24,748,597
79$49,028,934$5,184,829$1,852,706$26,990,784
80$53,873,503$5,282,503$1,758,390$29,456,269
81$59,207,292$5,380,037$1,655,987$32,167,793
82$65,080,046$5,477,270$1,545,073$35,150,418
83$71,546,580$5,574,025$1,425,202$38,431,770
84$78,667,294$5,670,115$1,295,909$42,042,293
85$86,508,744$5,765,337$1,156,708$46,015,547
86$95,144,269$5,859,472$1,007,092$50,388,516
87$104,654,685$5,952,286$846,530$55,201,966
88$115,129,042$6,043,528$674,468$60,500,826
89$126,665,471$6,132,927$490,329$66,334,614
90$139,372,104$6,220,195$293,510$72,757,908
91$153,368,095$6,305,022$83,379$79,830,861
92$168,784,749$6,387,076$0$87,619,769
93$185,766,755$6,466,004$0$96,232,271
94$204,473,553$6,541,427$0$105,738,410
95$225,080,840$6,612,942$0$116,206,635
96$247,782,227$6,680,117$0$127,734,949
97$272,791,063$6,742,492$0$140,431,354
98$300,342,455$6,799,577$0$154,414,868
99$330,695,480$6,850,852$0$169,816,652
100$364,135,634$6,895,758$0$186,781,247