Can I retire at age 45 with 2,280,000?

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 $2,280,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$188,280$186,603$184,967$183,370$181,810$176,699
2 years$93,208$91,472$89,790$88,159$86,576$81,466
3 years$61,521$59,778$58,100$56,484$54,928$49,978
4 years$45,681$43,943$42,282$40,694$39,175$34,424
5 years$36,180$34,452$32,812$31,257$29,780$25,241
6 years$29,847$28,133$26,517$24,996$23,564$19,241
7 years$25,326$23,626$22,036$20,551$19,164$15,057
8 years$21,936$20,252$18,688$17,239$15,898$12,005
9 years$19,302$17,633$16,096$14,684$13,389$9,705
10 years$17,195$15,542$14,033$12,658$11,408$7,930
11 years$15,472$13,836$12,354$11,016$9,811$6,532
12 years$14,038$12,419$10,964$9,663$8,502$5,417
13 years$12,825$11,223$9,796$8,531$7,414$4,515
14 years$11,787$10,201$8,802$7,573$6,499$3,780
15 years$10,887$9,319$7,947$6,753$5,722$3,175
16 years$10,101$8,550$7,205$6,047$5,057$2,675
17 years$9,408$7,874$6,556$5,433$4,484$2,259
18 years$8,793$7,276$5,985$4,896$3,987$1,912
19 years$8,243$6,744$5,479$4,424$3,554$1,620
20 years$7,749$6,266$5,028$4,007$3,174$1,375
21 years$7,302$5,837$4,625$3,637$2,841$1,169
22 years$6,897$5,449$4,263$3,307$2,546$994
23 years$6,527$5,096$3,936$3,011$2,286$846
24 years$6,189$4,775$3,640$2,747$2,054$721
25 years$5,878$4,481$3,371$2,508$1,849$615
26 years$5,592$4,211$3,127$2,293$1,665$524
27 years$5,327$3,963$2,903$2,099$1,501$447
28 years$5,082$3,734$2,699$1,923$1,355$382
29 years$4,854$3,523$2,512$1,764$1,223$326
30 years$4,641$3,327$2,340$1,619$1,105$278
31 years$4,443$3,145$2,181$1,487$999$238
32 years$4,257$2,976$2,035$1,366$904$203
33 years$4,083$2,818$1,900$1,256$818$174
34 years$3,920$2,671$1,775$1,156$741$148
35 years$3,766$2,534$1,660$1,064$671$127
36 years$3,621$2,405$1,553$980$608$108
37 years$3,484$2,284$1,453$903$551$93
38 years$3,355$2,171$1,361$832$499$79
39 years$3,233$2,064$1,275$767$453$68
40 years$3,117$1,964$1,195$708$411$58
41 years$3,007$1,869$1,121$653$373$50
42 years$2,903$1,780$1,051$603$338$42
43 years$2,803$1,696$986$556$307$36
44 years$2,709$1,617$926$514$279$31
45 years$2,619$1,542$869$474$253$27
46 years$2,533$1,471$817$438$230$23
47 years$2,451$1,404$767$405$209$19
48 years$2,373$1,340$721$374$189$17
49 years$2,298$1,280$678$346$172$14
50 years$2,226$1,222$637$320$156$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,280,000, adding $5,503 every year, while hoping to spend $38,464 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: 33/43/24 Blend
44$2,280,000$2,280,000$2,280,000$2,280,000
45$2,518,236$2,397,396$2,362,056$2,582,704
46$2,734,171$2,473,943$2,400,260$2,708,160
47$2,970,842$2,552,952$2,438,454$2,839,420
48$3,230,324$2,634,502$2,476,598$2,980,113
49$3,514,901$2,718,677$2,514,648$3,131,095
50$3,827,090$2,805,561$2,552,558$3,293,309
51$4,169,663$2,895,244$2,590,278$3,467,789
52$4,545,673$2,987,815$2,627,757$3,655,676
53$4,958,483$3,083,370$2,664,938$3,858,220
54$5,411,798$3,182,004$2,701,764$4,076,799
55$5,909,699$3,283,820$2,738,171$4,312,926
56$6,456,682$3,388,921$2,774,093$4,568,266
57$7,057,699$3,497,414$2,809,460$4,844,653
58$7,718,206$3,609,409$2,844,199$5,144,101
59$8,444,215$3,725,022$2,878,232$5,468,830
60$9,242,347$3,844,371$2,911,475$5,821,280
61$10,119,899$3,967,577$2,943,842$6,204,139
62$11,084,909$4,094,768$2,975,241$6,620,363
63$12,146,232$4,226,074$3,005,573$7,073,209
64$13,313,625$4,361,630$3,034,738$7,566,259
65$14,597,840$4,501,575$3,062,627$8,103,461
66$16,010,721$4,646,053$3,089,126$8,689,158
67$17,565,319$4,795,214$3,114,116$9,328,134
68$19,276,013$4,949,211$3,137,471$10,025,656
69$21,158,647$5,108,203$3,159,057$10,787,526
70$23,230,679$5,272,356$3,178,735$11,620,131
71$25,511,345$5,441,837$3,196,359$12,530,508
72$28,021,840$5,616,825$3,211,775$13,526,406
73$30,785,517$5,797,499$3,224,819$14,616,358
74$33,828,111$5,984,048$3,235,322$15,809,767
75$37,177,978$6,176,666$3,243,105$17,116,987
76$40,866,362$6,375,553$3,247,979$18,549,424
77$44,927,693$6,580,917$3,249,748$20,119,645
78$49,399,908$6,792,972$3,248,205$21,841,491
79$54,324,811$7,011,939$3,243,132$23,730,211
80$59,748,466$7,238,049$3,234,301$25,802,604
81$65,721,634$7,471,537$3,221,475$28,077,176
82$72,300,247$7,712,650$3,204,401$30,574,318
83$79,545,942$7,961,640$3,182,818$33,316,493
84$87,526,637$8,218,769$3,156,451$36,328,451
85$96,317,173$8,484,307$3,125,012$39,637,459
86$106,000,023$8,758,537$3,088,198$43,273,560
87$116,666,066$9,041,746$3,045,693$47,269,858
88$128,415,448$9,334,234$2,997,167$51,662,823
89$141,358,524$9,636,312$2,942,273$56,492,642
90$155,616,902$9,948,300$2,880,647$61,803,594
91$171,324,589$10,270,530$2,811,912$67,644,466
92$188,629,255$10,603,343$2,735,668$74,069,019
93$207,693,627$10,947,096$2,651,502$81,136,485
94$228,697,028$11,302,154$2,558,978$88,912,136
95$251,837,063$11,668,898$2,457,642$97,467,891
96$277,331,489$12,047,719$2,347,018$106,883,000
97$305,420,269$12,439,025$2,226,611$117,244,788
98$336,367,834$12,843,236$2,095,901$128,649,479
99$370,465,584$13,260,785$1,954,345$141,203,105
100$408,034,634$13,692,124$1,801,375$155,022,506