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%18.8%
1 years$188,280$186,603$184,967$183,370$181,810$175,360
2 years$93,208$91,472$89,790$88,159$86,576$80,146
3 years$61,521$59,778$58,100$56,484$54,928$48,720
4 years$45,681$43,943$42,282$40,694$39,175$33,237
5 years$36,180$34,452$32,812$31,257$29,780$24,128
6 years$29,847$28,133$26,517$24,996$23,564$18,202
7 years$25,326$23,626$22,036$20,551$19,164$14,090
8 years$21,936$20,252$18,688$17,239$15,898$11,109
9 years$19,302$17,633$16,096$14,684$13,389$8,878
10 years$17,195$15,542$14,033$12,658$11,408$7,167
11 years$15,472$13,836$12,354$11,016$9,811$5,832
12 years$14,038$12,419$10,964$9,663$8,502$4,776
13 years$12,825$11,223$9,796$8,531$7,414$3,930
14 years$11,787$10,201$8,802$7,573$6,499$3,247
15 years$10,887$9,319$7,947$6,753$5,722$2,691
16 years$10,101$8,550$7,205$6,047$5,057$2,236
17 years$9,408$7,874$6,556$5,433$4,484$1,862
18 years$8,793$7,276$5,985$4,896$3,987$1,554
19 years$8,243$6,744$5,479$4,424$3,554$1,298
20 years$7,749$6,266$5,028$4,007$3,174$1,086
21 years$7,302$5,837$4,625$3,637$2,841$909
22 years$6,897$5,449$4,263$3,307$2,546$762
23 years$6,527$5,096$3,936$3,011$2,286$639
24 years$6,189$4,775$3,640$2,747$2,054$536
25 years$5,878$4,481$3,371$2,508$1,849$450
26 years$5,592$4,211$3,127$2,293$1,665$378
27 years$5,327$3,963$2,903$2,099$1,501$318
28 years$5,082$3,734$2,699$1,923$1,355$267
29 years$4,854$3,523$2,512$1,764$1,223$225
30 years$4,641$3,327$2,340$1,619$1,105$189
31 years$4,443$3,145$2,181$1,487$999$159
32 years$4,257$2,976$2,035$1,366$904$134
33 years$4,083$2,818$1,900$1,256$818$112
34 years$3,920$2,671$1,775$1,156$741$95
35 years$3,766$2,534$1,660$1,064$671$80
36 years$3,621$2,405$1,553$980$608$67
37 years$3,484$2,284$1,453$903$551$56
38 years$3,355$2,171$1,361$832$499$47
39 years$3,233$2,064$1,275$767$453$40
40 years$3,117$1,964$1,195$708$411$34
41 years$3,007$1,869$1,121$653$373$28
42 years$2,903$1,780$1,051$603$338$24
43 years$2,803$1,696$986$556$307$20
44 years$2,709$1,617$926$514$279$17
45 years$2,619$1,542$869$474$253$14
46 years$2,533$1,471$817$438$230$12
47 years$2,451$1,404$767$405$209$10
48 years$2,373$1,340$721$374$189$8
49 years$2,298$1,280$678$346$172$7
50 years$2,226$1,222$637$320$156$6

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 $6,514 every year, while hoping to spend $45,839 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: 64/17/19 Blend
44$2,280,000$2,280,000$2,280,000$2,280,000
45$2,519,279$2,398,439$2,363,099$2,668,003
46$2,727,473$2,467,190$2,393,491$2,837,505
47$2,955,367$2,537,774$2,423,364$3,016,810
48$3,204,921$2,610,232$2,452,653$3,211,615
49$3,478,295$2,684,605$2,481,289$3,423,437
50$3,777,867$2,760,936$2,509,198$3,653,946
51$4,106,256$2,839,269$2,536,303$3,904,983
52$4,466,346$2,919,646$2,562,522$4,178,573
53$4,861,316$3,002,110$2,587,768$4,476,948
54$5,294,663$3,086,707$2,611,951$4,802,567
55$5,770,243$3,173,480$2,634,976$5,158,137
56$6,292,301$3,262,473$2,656,741$5,546,641
57$6,865,514$3,353,733$2,677,140$5,971,364
58$7,495,034$3,447,303$2,696,061$6,435,926
59$8,186,535$3,543,229$2,713,388$6,944,316
60$8,946,271$3,641,556$2,728,995$7,500,925
61$9,781,128$3,742,330$2,742,754$8,110,596
62$10,698,694$3,845,595$2,754,527$8,778,659
63$11,707,329$3,951,397$2,764,172$9,510,992
64$12,816,241$4,059,780$2,771,536$10,314,068
65$14,035,577$4,170,789$2,776,462$11,195,020
66$15,376,516$4,284,468$2,778,784$12,161,707
67$16,851,374$4,400,860$2,778,327$13,222,790
68$18,473,721$4,520,009$2,774,907$14,387,811
69$20,258,508$4,641,957$2,768,334$15,667,285
70$22,222,208$4,766,745$2,758,405$17,072,797
71$24,382,971$4,894,413$2,744,910$18,617,116
72$26,760,796$5,025,002$2,727,626$20,314,309
73$29,377,718$5,158,548$2,706,323$22,179,879
74$32,258,017$5,295,088$2,680,756$24,230,909
75$35,428,445$5,434,658$2,650,672$26,486,224
76$38,918,481$5,577,290$2,615,803$28,966,567
77$42,760,604$5,723,016$2,575,871$31,694,797
78$46,990,606$5,871,864$2,530,583$34,696,105
79$51,647,923$6,023,860$2,479,633$37,998,250
80$56,776,012$6,179,030$2,422,701$41,631,822
81$62,422,755$6,337,392$2,359,452$45,630,531
82$68,640,917$6,498,966$2,289,535$50,031,524
83$75,488,640$6,663,764$2,212,583$54,875,739
84$83,029,990$6,831,798$2,128,214$60,208,288
85$91,335,566$7,003,073$2,036,026$66,078,884
86$100,483,160$7,177,590$1,935,599$72,542,313
87$110,558,498$7,355,347$1,826,497$79,658,947
88$121,656,040$7,536,335$1,708,260$87,495,318
89$133,879,880$7,720,539$1,580,411$96,124,744
90$147,344,722$7,907,939$1,442,448$105,628,022
91$162,176,964$8,098,508$1,293,851$116,094,191
92$178,515,891$8,292,213$1,134,072$127,621,375
93$196,514,991$8,489,010$962,542$140,317,704
94$216,343,399$8,688,851$778,667$154,302,343
95$238,187,497$8,891,676$581,823$169,706,609
96$262,252,671$9,097,417$371,363$186,675,219
97$288,765,249$9,305,996$146,610$205,367,652
98$317,974,639$9,517,324$0$225,959,654
99$350,155,679$9,731,299$0$248,663,806
100$385,611,235$9,947,810$0$273,707,586