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

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$187,454$185,785$184,156$182,566$181,013$174,244
2 years$92,799$91,071$89,396$87,772$86,197$79,455
3 years$61,252$59,516$57,845$56,236$54,687$48,184
4 years$45,481$43,750$42,096$40,515$39,003$32,789
5 years$36,021$34,301$32,669$31,119$29,649$23,740
6 years$29,716$28,009$26,401$24,887$23,461$17,859
7 years$25,215$23,522$21,939$20,461$19,080$13,786
8 years$21,840$20,163$18,606$17,164$15,829$10,837
9 years$19,217$17,555$16,026$14,620$13,330$8,634
10 years$17,120$15,474$13,972$12,602$11,358$6,948
11 years$15,405$13,776$12,300$10,968$9,768$5,636
12 years$13,977$12,364$10,916$9,620$8,465$4,599
13 years$12,769$11,174$9,753$8,493$7,381$3,772
14 years$11,735$10,157$8,763$7,539$6,471$3,105
15 years$10,840$9,278$7,912$6,724$5,697$2,565
16 years$10,057$8,513$7,173$6,020$5,035$2,124
17 years$9,367$7,840$6,527$5,409$4,465$1,762
18 years$8,755$7,244$5,959$4,875$3,970$1,465
19 years$8,207$6,714$5,455$4,405$3,538$1,219
20 years$7,715$6,239$5,006$3,989$3,160$1,016
21 years$7,270$5,811$4,605$3,621$2,828$847
22 years$6,867$5,425$4,244$3,292$2,535$707
23 years$6,499$5,074$3,919$2,998$2,276$591
24 years$6,162$4,754$3,624$2,734$2,045$494
25 years$5,852$4,461$3,357$2,497$1,841$413
26 years$5,567$4,193$3,113$2,283$1,658$346
27 years$5,304$3,946$2,891$2,090$1,495$289
28 years$5,059$3,718$2,687$1,915$1,349$242
29 years$4,832$3,508$2,501$1,756$1,218$203
30 years$4,621$3,313$2,329$1,612$1,100$170
31 years$4,423$3,131$2,172$1,480$995$142
32 years$4,238$2,963$2,026$1,360$900$119
33 years$4,065$2,806$1,892$1,251$814$100
34 years$3,903$2,659$1,768$1,151$737$84
35 years$3,750$2,522$1,653$1,059$668$70
36 years$3,605$2,394$1,546$976$605$59
37 years$3,469$2,274$1,447$899$548$49
38 years$3,341$2,161$1,355$829$497$41
39 years$3,219$2,055$1,270$764$451$35
40 years$3,103$1,955$1,190$705$409$29
41 years$2,994$1,861$1,116$650$371$24
42 years$2,890$1,772$1,047$600$337$20
43 years$2,791$1,689$982$554$306$17
44 years$2,697$1,610$922$511$277$14
45 years$2,607$1,535$866$472$252$12
46 years$2,522$1,464$813$436$229$10
47 years$2,440$1,397$764$403$208$8
48 years$2,362$1,334$718$372$189$7
49 years$2,288$1,274$675$344$171$6
50 years$2,216$1,217$634$318$156$5

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 $6,897 every year, while hoping to spend $56,004 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: 45/29/26 Blend
44$2,270,000$2,270,000$2,270,000$2,270,000
45$2,508,654$2,388,344$2,353,159$2,602,428
46$2,704,949$2,445,785$2,372,402$2,727,006
47$2,919,389$2,504,164$2,390,413$2,856,075
48$3,153,766$2,563,467$2,407,091$2,994,957
49$3,410,052$2,623,679$2,422,330$3,144,599
50$3,690,419$2,684,781$2,436,020$3,306,041
51$3,997,259$2,746,752$2,448,044$3,480,433
52$4,333,204$2,809,568$2,458,278$3,669,038
53$4,701,155$2,873,201$2,466,595$3,873,253
54$5,104,305$2,937,620$2,472,858$4,094,615
55$5,546,170$3,002,790$2,476,925$4,334,820
56$6,030,625$3,068,671$2,478,647$4,595,736
57$6,561,934$3,135,222$2,477,867$4,879,425
58$7,144,797$3,202,393$2,474,421$5,188,156
59$7,784,388$3,270,132$2,468,136$5,524,435
60$8,486,408$3,338,382$2,458,831$5,891,022
61$9,257,138$3,407,078$2,446,318$6,290,962
62$10,103,492$3,476,151$2,430,396$6,727,609
63$11,033,092$3,545,526$2,410,858$7,204,664
64$12,054,330$3,615,120$2,387,485$7,726,206
65$13,176,455$3,684,844$2,360,048$8,296,731
66$14,409,653$3,754,601$2,328,309$8,921,199
67$15,765,147$3,824,285$2,292,017$9,605,075
68$17,255,301$3,893,784$2,250,908$10,354,386
69$18,893,737$3,962,975$2,204,709$11,175,777
70$20,695,463$4,031,726$2,153,132$12,076,572
71$22,677,014$4,099,894$2,095,876$13,064,847
72$24,856,607$4,167,327$2,032,625$14,149,506
73$27,254,315$4,233,860$1,963,052$15,340,363
74$29,892,252$4,299,316$1,886,812$16,648,241
75$32,794,787$4,363,507$1,803,545$18,085,068
76$35,988,765$4,426,230$1,712,874$19,663,996
77$39,503,771$4,487,266$1,614,406$21,399,524
78$43,372,397$4,546,384$1,507,731$23,307,633
79$47,630,559$4,603,335$1,392,418$25,405,943
80$52,317,831$4,657,853$1,268,018$27,713,878
81$57,477,817$4,709,654$1,134,064$30,252,849
82$63,158,563$4,758,436$990,064$33,046,460
83$69,413,013$4,803,876$835,507$36,120,728
84$76,299,503$4,845,629$669,860$39,504,336
85$83,882,316$4,883,328$492,563$43,228,900
86$92,232,283$4,916,583$303,036$47,329,271
87$101,427,458$4,944,977$100,670$51,843,864
88$111,553,847$4,968,069$0$56,815,027
89$122,706,221$4,985,386$0$62,321,421
90$134,989,015$4,996,430$0$68,414,394
91$148,517,307$5,000,667$0$75,122,895
92$163,417,907$4,997,534$0$82,509,634
93$179,830,550$4,986,430$0$90,643,723
94$197,909,220$4,966,719$0$99,601,327
95$217,823,596$4,937,724$0$109,466,383
96$239,760,659$4,898,728$0$120,331,395
97$263,926,453$4,848,973$0$132,298,307
98$290,548,030$4,787,651$0$145,479,468
99$319,875,591$4,713,908$0$159,998,690
100$352,184,850$4,626,839$0$175,992,423