Can I retire at age 45 with 2,270,000?

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$187,454$185,785$184,156$182,566$181,013$179,797
2 years$92,799$91,071$89,396$87,772$86,197$84,970
3 years$61,252$59,516$57,845$56,236$54,687$53,488
4 years$45,481$43,750$42,096$40,515$39,003$37,841
5 years$36,021$34,301$32,669$31,119$29,649$28,528
6 years$29,716$28,009$26,401$24,887$23,461$22,380
7 years$25,215$23,522$21,939$20,461$19,080$18,042
8 years$21,840$20,163$18,606$17,164$15,829$14,833
9 years$19,217$17,555$16,026$14,620$13,330$12,376
10 years$17,120$15,474$13,972$12,602$11,358$10,446
11 years$15,405$13,776$12,300$10,968$9,768$8,897
12 years$13,977$12,364$10,916$9,620$8,465$7,633
13 years$12,769$11,174$9,753$8,493$7,381$6,589
14 years$11,735$10,157$8,763$7,539$6,471$5,717
15 years$10,840$9,278$7,912$6,724$5,697$4,981
16 years$10,057$8,513$7,173$6,020$5,035$4,355
17 years$9,367$7,840$6,527$5,409$4,465$3,819
18 years$8,755$7,244$5,959$4,875$3,970$3,358
19 years$8,207$6,714$5,455$4,405$3,538$2,960
20 years$7,715$6,239$5,006$3,989$3,160$2,614
21 years$7,270$5,811$4,605$3,621$2,828$2,312
22 years$6,867$5,425$4,244$3,292$2,535$2,048
23 years$6,499$5,074$3,919$2,998$2,276$1,816
24 years$6,162$4,754$3,624$2,734$2,045$1,613
25 years$5,852$4,461$3,357$2,497$1,841$1,434
26 years$5,567$4,193$3,113$2,283$1,658$1,276
27 years$5,304$3,946$2,891$2,090$1,495$1,136
28 years$5,059$3,718$2,687$1,915$1,349$1,012
29 years$4,832$3,508$2,501$1,756$1,218$902
30 years$4,621$3,313$2,329$1,612$1,100$805
31 years$4,423$3,131$2,172$1,480$995$718
32 years$4,238$2,963$2,026$1,360$900$641
33 years$4,065$2,806$1,892$1,251$814$573
34 years$3,903$2,659$1,768$1,151$737$512
35 years$3,750$2,522$1,653$1,059$668$458
36 years$3,605$2,394$1,546$976$605$409
37 years$3,469$2,274$1,447$899$548$366
38 years$3,341$2,161$1,355$829$497$327
39 years$3,219$2,055$1,270$764$451$293
40 years$3,103$1,955$1,190$705$409$262
41 years$2,994$1,861$1,116$650$371$234
42 years$2,890$1,772$1,047$600$337$210
43 years$2,791$1,689$982$554$306$188
44 years$2,697$1,610$922$511$277$168
45 years$2,607$1,535$866$472$252$150
46 years$2,522$1,464$813$436$229$135
47 years$2,440$1,397$764$403$208$121
48 years$2,362$1,334$718$372$189$108
49 years$2,288$1,274$675$344$171$97
50 years$2,216$1,217$634$318$156$87

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,270,000, adding $3,325 every year, while hoping to spend $51,192 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: 67/28/5 Blend
44$2,270,000$2,270,000$2,270,000$2,270,000
45$2,504,970$2,384,660$2,349,475$2,671,064
46$2,706,009$2,447,040$2,373,714$2,843,922
47$2,925,838$2,510,762$2,397,050$3,026,296
48$3,166,320$2,575,835$2,419,398$3,224,270
49$3,429,506$2,642,272$2,440,669$3,439,357
50$3,717,653$2,710,082$2,460,769$3,673,221
51$4,033,250$2,779,271$2,479,601$3,927,696
52$4,379,033$2,849,848$2,497,059$4,204,802
53$4,758,020$2,921,816$2,513,036$4,506,760
54$5,173,532$2,995,179$2,527,417$4,836,019
55$5,629,227$3,069,937$2,540,080$5,195,273
56$6,129,135$3,146,091$2,550,899$5,587,492
57$6,677,694$3,223,636$2,559,742$6,015,945
58$7,279,792$3,302,568$2,566,467$6,484,232
59$7,940,815$3,382,878$2,570,928$6,996,319
60$8,666,695$3,464,556$2,572,970$7,556,576
61$9,463,966$3,547,588$2,572,433$8,169,815
62$10,339,827$3,631,955$2,569,146$8,841,338
63$11,302,207$3,717,639$2,562,930$9,576,983
64$12,359,843$3,804,614$2,553,599$10,383,186
65$13,522,360$3,892,853$2,540,957$11,267,034
66$14,800,360$3,982,322$2,524,799$12,236,335
67$16,205,526$4,072,986$2,504,909$13,299,695
68$17,750,728$4,164,800$2,481,062$14,466,590
69$19,450,147$4,257,720$2,453,021$15,747,466
70$21,319,404$4,351,690$2,420,540$17,153,830
71$23,375,714$4,446,654$2,383,359$18,698,360
72$25,638,043$4,542,546$2,341,207$20,395,026
73$28,127,286$4,639,293$2,293,800$22,259,222
74$30,866,467$4,736,817$2,240,841$24,307,910
75$33,880,957$4,835,031$2,182,019$26,559,778
76$37,198,707$4,933,840$2,117,009$29,035,422
77$40,850,517$5,033,140$2,045,471$31,757,533
78$44,870,324$5,132,818$1,967,049$34,751,119
79$49,295,523$5,232,752$1,881,371$38,043,733
80$54,167,318$5,332,809$1,788,048$41,665,739
81$59,531,111$5,432,842$1,686,674$45,650,598
82$65,436,930$5,532,698$1,576,824$50,035,179
83$71,939,903$5,632,206$1,458,053$54,860,113
84$79,100,774$5,731,185$1,329,899$60,170,173
85$86,986,478$5,829,438$1,191,876$66,014,697
86$95,670,773$5,926,755$1,043,478$72,448,056
87$105,234,934$6,022,908$884,176$79,530,165
88$115,768,520$6,117,653$713,419$87,327,050
89$127,370,220$6,210,729$530,629$95,911,471
90$140,148,782$6,301,855$335,206$105,363,607
91$154,224,043$6,390,730$126,519$115,771,817
92$169,728,052$6,477,033$0$127,233,474
93$186,806,325$6,560,419$0$139,861,010
94$205,619,211$6,640,520$0$153,775,080
95$226,343,408$6,716,944$0$169,099,275
96$249,173,632$6,789,270$0$185,977,237
97$274,324,449$6,857,051$0$204,567,259
98$302,032,305$6,919,809$0$225,043,778
99$332,557,755$6,977,034$0$247,599,023
100$366,187,923$7,028,186$0$272,444,831