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%12.6%
1 years$187,454$185,785$184,156$182,566$181,013$179,048
2 years$92,799$91,071$89,396$87,772$86,197$84,218
3 years$61,252$59,516$57,845$56,236$54,687$52,756
4 years$45,481$43,750$42,096$40,515$39,003$37,135
5 years$36,021$34,301$32,669$31,119$29,649$27,850
6 years$29,716$28,009$26,401$24,887$23,461$21,732
7 years$25,215$23,522$21,939$20,461$19,080$17,422
8 years$21,840$20,163$18,606$17,164$15,829$14,242
9 years$19,217$17,555$16,026$14,620$13,330$11,814
10 years$17,120$15,474$13,972$12,602$11,358$9,911
11 years$15,405$13,776$12,300$10,968$9,768$8,389
12 years$13,977$12,364$10,916$9,620$8,465$7,153
13 years$12,769$11,174$9,753$8,493$7,381$6,135
14 years$11,735$10,157$8,763$7,539$6,471$5,287
15 years$10,840$9,278$7,912$6,724$5,697$4,576
16 years$10,057$8,513$7,173$6,020$5,035$3,974
17 years$9,367$7,840$6,527$5,409$4,465$3,461
18 years$8,755$7,244$5,959$4,875$3,970$3,022
19 years$8,207$6,714$5,455$4,405$3,538$2,644
20 years$7,715$6,239$5,006$3,989$3,160$2,318
21 years$7,270$5,811$4,605$3,621$2,828$2,035
22 years$6,867$5,425$4,244$3,292$2,535$1,789
23 years$6,499$5,074$3,919$2,998$2,276$1,575
24 years$6,162$4,754$3,624$2,734$2,045$1,388
25 years$5,852$4,461$3,357$2,497$1,841$1,224
26 years$5,567$4,193$3,113$2,283$1,658$1,081
27 years$5,304$3,946$2,891$2,090$1,495$955
28 years$5,059$3,718$2,687$1,915$1,349$844
29 years$4,832$3,508$2,501$1,756$1,218$746
30 years$4,621$3,313$2,329$1,612$1,100$660
31 years$4,423$3,131$2,172$1,480$995$584
32 years$4,238$2,963$2,026$1,360$900$518
33 years$4,065$2,806$1,892$1,251$814$458
34 years$3,903$2,659$1,768$1,151$737$406
35 years$3,750$2,522$1,653$1,059$668$360
36 years$3,605$2,394$1,546$976$605$319
37 years$3,469$2,274$1,447$899$548$283
38 years$3,341$2,161$1,355$829$497$251
39 years$3,219$2,055$1,270$764$451$223
40 years$3,103$1,955$1,190$705$409$198
41 years$2,994$1,861$1,116$650$371$175
42 years$2,890$1,772$1,047$600$337$155
43 years$2,791$1,689$982$554$306$138
44 years$2,697$1,610$922$511$277$122
45 years$2,607$1,535$866$472$252$109
46 years$2,522$1,464$813$436$229$96
47 years$2,440$1,397$764$403$208$86
48 years$2,362$1,334$718$372$189$76
49 years$2,288$1,274$675$344$171$67
50 years$2,216$1,217$634$318$156$60

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 $4,766 every year, while hoping to spend $52,727 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: 76/6/18 Blend
44$2,270,000$2,270,000$2,270,000$2,270,000
45$2,506,456$2,386,146$2,350,961$2,686,315
46$2,706,014$2,446,966$2,373,617$2,866,769
47$2,924,159$2,508,999$2,395,265$3,057,554
48$3,162,732$2,572,249$2,415,815$3,265,325
49$3,423,759$2,636,718$2,435,174$3,491,762
50$3,709,471$2,702,406$2,453,241$3,738,715
51$4,022,326$2,769,312$2,469,913$4,008,223
52$4,365,028$2,837,434$2,485,080$4,302,530
53$4,740,557$2,906,764$2,498,627$4,624,111
54$5,152,194$2,977,296$2,510,431$4,975,691
55$5,603,554$3,049,019$2,520,366$5,360,272
56$6,098,616$3,121,921$2,528,298$5,781,163
57$6,641,765$3,195,985$2,534,086$6,242,007
58$7,237,829$3,271,192$2,537,582$6,746,822
59$7,892,128$3,347,521$2,538,631$7,300,031
60$8,610,520$3,424,945$2,537,071$7,906,511
61$9,399,461$3,503,434$2,532,730$8,571,632
62$10,266,059$3,582,956$2,525,430$9,301,316
63$11,218,148$3,663,472$2,514,983$10,102,085
64$12,264,356$3,744,939$2,501,191$10,981,126
65$13,414,188$3,827,309$2,483,849$11,946,359
66$14,678,118$3,910,530$2,462,741$13,006,512
67$16,067,683$3,994,543$2,437,640$14,171,203
68$17,595,594$4,079,282$2,408,308$15,451,029
69$19,275,855$4,164,678$2,374,497$16,857,669
70$21,123,897$4,250,652$2,335,947$18,403,993
71$23,156,719$4,337,119$2,292,386$20,104,182
72$25,393,052$4,423,985$2,243,529$21,973,866
73$27,853,533$4,511,149$2,189,076$24,030,266
74$30,560,900$4,598,502$2,128,717$26,292,363
75$33,540,207$4,685,924$2,062,124$28,781,070
76$36,819,059$4,773,286$1,988,956$31,519,437
77$40,427,873$4,860,447$1,908,857$34,532,864
78$44,400,165$4,947,257$1,821,452$37,849,342
79$48,772,863$5,033,554$1,726,351$41,499,716
80$53,586,658$5,119,161$1,623,147$45,517,980
81$58,886,387$5,203,890$1,511,413$49,941,595
82$64,721,457$5,287,539$1,390,703$54,811,844
83$71,146,306$5,369,889$1,260,553$60,174,222
84$78,220,922$5,450,707$1,120,475$66,078,864
85$86,011,407$5,529,742$969,961$72,581,022
86$94,590,598$5,606,727$808,482$79,741,584
87$104,038,756$5,681,374$635,483$87,627,649
88$114,444,324$5,753,375$450,387$96,313,163
89$125,904,758$5,822,404$252,588$105,879,616
90$138,527,451$5,888,109$41,457$116,416,813
91$152,430,741$5,950,117$0$128,023,718
92$167,745,032$6,008,028$0$140,844,707
93$184,614,020$6,061,416$0$154,975,450
94$203,196,054$6,109,830$0$170,540,566
95$223,665,624$6,152,784$0$187,686,165
96$246,215,013$6,189,766$0$206,573,253
97$271,056,108$6,220,228$0$227,379,255
98$298,422,401$6,243,588$0$250,299,687
99$328,571,190$6,259,228$0$275,550,002
100$361,786,011$6,266,490$0$303,367,626