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

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 $2,280,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$188,280$186,603$184,967$183,370$181,810$179,987
2 years$93,208$91,472$89,790$88,159$86,576$84,739
3 years$61,521$59,778$58,100$56,484$54,928$53,135
4 years$45,681$43,943$42,282$40,694$39,175$37,439
5 years$36,180$34,452$32,812$31,257$29,780$28,107
6 years$29,847$28,133$26,517$24,996$23,564$21,956
7 years$25,326$23,626$22,036$20,551$19,164$17,621
8 years$21,936$20,252$18,688$17,239$15,898$14,421
9 years$19,302$17,633$16,096$14,684$13,389$11,977
10 years$17,195$15,542$14,033$12,658$11,408$10,060
11 years$15,472$13,836$12,354$11,016$9,811$8,526
12 years$14,038$12,419$10,964$9,663$8,502$7,279
13 years$12,825$11,223$9,796$8,531$7,414$6,251
14 years$11,787$10,201$8,802$7,573$6,499$5,395
15 years$10,887$9,319$7,947$6,753$5,722$4,675
16 years$10,101$8,550$7,205$6,047$5,057$4,065
17 years$9,408$7,874$6,556$5,433$4,484$3,545
18 years$8,793$7,276$5,985$4,896$3,987$3,100
19 years$8,243$6,744$5,479$4,424$3,554$2,716
20 years$7,749$6,266$5,028$4,007$3,174$2,385
21 years$7,302$5,837$4,625$3,637$2,841$2,097
22 years$6,897$5,449$4,263$3,307$2,546$1,846
23 years$6,527$5,096$3,936$3,011$2,286$1,628
24 years$6,189$4,775$3,640$2,747$2,054$1,437
25 years$5,878$4,481$3,371$2,508$1,849$1,269
26 years$5,592$4,211$3,127$2,293$1,665$1,122
27 years$5,327$3,963$2,903$2,099$1,501$993
28 years$5,082$3,734$2,699$1,923$1,355$879
29 years$4,854$3,523$2,512$1,764$1,223$779
30 years$4,641$3,327$2,340$1,619$1,105$690
31 years$4,443$3,145$2,181$1,487$999$612
32 years$4,257$2,976$2,035$1,366$904$543
33 years$4,083$2,818$1,900$1,256$818$482
34 years$3,920$2,671$1,775$1,156$741$427
35 years$3,766$2,534$1,660$1,064$671$379
36 years$3,621$2,405$1,553$980$608$337
37 years$3,484$2,284$1,453$903$551$299
38 years$3,355$2,171$1,361$832$499$266
39 years$3,233$2,064$1,275$767$453$236
40 years$3,117$1,964$1,195$708$411$210
41 years$3,007$1,869$1,121$653$373$187
42 years$2,903$1,780$1,051$603$338$166
43 years$2,803$1,696$986$556$307$147
44 years$2,709$1,617$926$514$279$131
45 years$2,619$1,542$869$474$253$117
46 years$2,533$1,471$817$438$230$104
47 years$2,451$1,404$767$405$209$92
48 years$2,373$1,340$721$374$189$82
49 years$2,298$1,280$678$346$172$73
50 years$2,226$1,222$637$320$156$65

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 $6,968 every year, while hoping to spend $51,370 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: 45/26/29 Blend
44$2,280,000$2,280,000$2,280,000$2,280,000
45$2,519,747$2,398,907$2,363,567$2,611,726
46$2,722,104$2,461,797$2,388,090$2,740,804
47$2,943,380$2,526,046$2,411,712$2,875,256
48$3,185,450$2,591,667$2,434,349$3,020,102
49$3,450,379$2,658,672$2,455,913$3,176,344
50$3,740,441$2,727,070$2,476,310$3,345,083
51$4,058,141$2,796,871$2,495,441$3,527,535
52$4,406,235$2,868,082$2,513,202$3,725,037
53$4,787,761$2,940,708$2,529,484$3,939,066
54$5,206,064$3,014,754$2,544,173$4,171,246
55$5,664,827$3,090,221$2,557,147$4,423,369
56$6,168,108$3,167,111$2,568,280$4,697,409
57$6,720,376$3,245,420$2,577,438$4,995,542
58$7,326,553$3,325,144$2,584,481$5,320,166
59$7,992,062$3,406,277$2,589,262$5,673,924
60$8,722,877$3,488,809$2,591,627$6,059,729
61$9,525,577$3,572,727$2,591,413$6,480,794
62$10,407,410$3,658,016$2,588,450$6,940,656
63$11,376,363$3,744,656$2,582,560$7,443,218
64$12,441,232$3,832,624$2,573,556$7,992,780
65$13,611,709$3,921,894$2,561,242$8,594,081
66$14,898,471$4,012,434$2,545,411$9,252,348
67$16,313,281$4,104,209$2,525,848$9,973,339
68$17,869,100$4,197,179$2,502,328$10,763,402
69$19,580,205$4,291,299$2,474,613$11,629,536
70$21,462,330$4,386,516$2,442,457$12,579,454
71$23,532,808$4,482,775$2,405,599$13,621,658
72$25,810,735$4,580,012$2,363,767$14,765,521
73$28,317,155$4,678,158$2,316,679$16,021,373
74$31,075,252$4,777,135$2,264,035$17,400,602
75$34,110,573$4,876,859$2,205,524$18,915,760
76$37,451,263$4,977,237$2,140,821$20,580,683
77$41,128,339$5,078,169$2,069,586$22,410,620
78$45,175,973$5,179,543$1,991,460$24,422,383
79$49,631,821$5,281,239$1,906,073$26,634,501
80$54,537,374$5,383,127$1,813,034$29,067,396
81$59,938,352$5,485,066$1,711,936$31,743,581
82$65,885,132$5,586,902$1,602,354$34,687,868
83$72,433,224$5,688,469$1,483,842$37,927,609
84$79,643,798$5,789,590$1,355,936$41,492,948
85$87,584,256$5,890,070$1,218,150$45,417,112
86$96,328,870$5,989,703$1,069,978$49,736,724
87$105,959,481$6,088,265$910,888$54,492,152
88$116,566,274$6,185,516$740,329$59,727,885
89$128,248,626$6,281,198$557,723$65,492,963
90$141,116,045$6,375,036$362,465$71,841,434
91$155,289,201$6,466,732$153,927$78,832,871
92$170,901,068$6,555,971$0$86,532,930
93$188,098,175$6,642,411$0$95,035,213
94$207,041,991$6,725,691$0$104,450,453
95$227,910,446$6,805,422$0$114,819,101
96$250,899,615$6,881,191$0$126,238,274
97$276,225,561$6,952,554$0$138,814,996
98$304,126,380$7,019,042$0$152,667,209
99$334,864,446$7,080,150$0$167,924,885
100$368,728,886$7,135,344$0$184,731,253