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%16.1%
1 years$188,280$186,603$184,967$183,370$181,810$177,271
2 years$93,208$91,472$89,790$88,159$86,576$82,032
3 years$61,521$59,778$58,100$56,484$54,928$50,520
4 years$45,681$43,943$42,282$40,694$39,175$34,938
5 years$36,180$34,452$32,812$31,257$29,780$25,726
6 years$29,847$28,133$26,517$24,996$23,564$19,696
7 years$25,326$23,626$22,036$20,551$19,164$15,483
8 years$21,936$20,252$18,688$17,239$15,898$12,403
9 years$19,302$17,633$16,096$14,684$13,389$10,076
10 years$17,195$15,542$14,033$12,658$11,408$8,274
11 years$15,472$13,836$12,354$11,016$9,811$6,851
12 years$14,038$12,419$10,964$9,663$8,502$5,711
13 years$12,825$11,223$9,796$8,531$7,414$4,786
14 years$11,787$10,201$8,802$7,573$6,499$4,029
15 years$10,887$9,319$7,947$6,753$5,722$3,403
16 years$10,101$8,550$7,205$6,047$5,057$2,884
17 years$9,408$7,874$6,556$5,433$4,484$2,449
18 years$8,793$7,276$5,985$4,896$3,987$2,085
19 years$8,243$6,744$5,479$4,424$3,554$1,778
20 years$7,749$6,266$5,028$4,007$3,174$1,518
21 years$7,302$5,837$4,625$3,637$2,841$1,298
22 years$6,897$5,449$4,263$3,307$2,546$1,111
23 years$6,527$5,096$3,936$3,011$2,286$952
24 years$6,189$4,775$3,640$2,747$2,054$816
25 years$5,878$4,481$3,371$2,508$1,849$700
26 years$5,592$4,211$3,127$2,293$1,665$601
27 years$5,327$3,963$2,903$2,099$1,501$516
28 years$5,082$3,734$2,699$1,923$1,355$443
29 years$4,854$3,523$2,512$1,764$1,223$381
30 years$4,641$3,327$2,340$1,619$1,105$328
31 years$4,443$3,145$2,181$1,487$999$282
32 years$4,257$2,976$2,035$1,366$904$242
33 years$4,083$2,818$1,900$1,256$818$209
34 years$3,920$2,671$1,775$1,156$741$179
35 years$3,766$2,534$1,660$1,064$671$154
36 years$3,621$2,405$1,553$980$608$133
37 years$3,484$2,284$1,453$903$551$114
38 years$3,355$2,171$1,361$832$499$98
39 years$3,233$2,064$1,275$767$453$85
40 years$3,117$1,964$1,195$708$411$73
41 years$3,007$1,869$1,121$653$373$63
42 years$2,903$1,780$1,051$603$338$54
43 years$2,803$1,696$986$556$307$47
44 years$2,709$1,617$926$514$279$40
45 years$2,619$1,542$869$474$253$35
46 years$2,533$1,471$817$438$230$30
47 years$2,451$1,404$767$405$209$26
48 years$2,373$1,340$721$374$189$22
49 years$2,298$1,280$678$346$172$19
50 years$2,226$1,222$637$320$156$16

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 $6,548 every year, while hoping to spend $45,966 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: 78/15/7 Blend
44$2,280,000$2,280,000$2,280,000$2,280,000
45$2,519,314$2,398,474$2,363,134$2,713,260
46$2,727,377$2,467,092$2,393,392$2,910,056
47$2,955,121$2,537,531$2,423,122$3,119,188
48$3,204,506$2,609,833$2,452,260$3,347,176
49$3,477,690$2,684,039$2,480,734$3,595,876
50$3,777,047$2,760,190$2,508,472$3,867,332
51$4,105,195$2,838,328$2,535,394$4,163,792
52$4,465,014$2,918,496$2,561,420$4,487,737
53$4,859,680$3,000,736$2,586,461$4,841,893
54$5,292,687$3,085,092$2,610,428$5,229,267
55$5,767,887$3,171,607$2,633,223$5,653,168
56$6,289,520$3,260,325$2,654,745$6,117,242
57$6,862,259$3,351,289$2,674,887$6,625,504
58$7,491,251$3,444,543$2,693,537$7,182,376
59$8,182,165$3,540,132$2,710,576$7,792,731
60$8,941,246$3,638,099$2,725,881$8,461,935
61$9,775,375$3,738,488$2,739,320$9,195,900
62$10,692,133$3,841,343$2,750,757$10,001,138
63$11,699,869$3,946,707$2,760,045$10,884,825
64$12,807,784$4,054,624$2,767,036$11,854,864
65$14,026,014$4,165,137$2,771,567$12,919,963
66$15,365,726$4,278,288$2,773,474$14,089,716
67$16,839,225$4,394,118$2,772,580$15,374,693
68$18,460,065$4,512,670$2,768,700$16,786,540
69$20,243,183$4,633,982$2,761,643$18,338,087
70$22,205,036$4,758,095$2,751,206$20,043,472
71$24,363,754$4,885,046$2,737,176$21,918,270
72$26,739,316$5,014,872$2,719,331$23,979,644
73$29,353,735$5,147,610$2,697,437$26,246,504
74$32,231,266$5,283,292$2,671,251$28,739,687
75$35,398,633$5,421,952$2,640,516$31,482,152
76$38,885,285$5,563,619$2,604,965$34,499,196
77$42,723,669$5,708,321$2,564,316$37,818,694
78$46,949,539$5,856,085$2,518,276$41,471,362
79$51,602,291$6,006,932$2,466,538$45,491,046
80$56,725,337$6,160,884$2,408,779$49,915,040
81$62,366,512$6,317,958$2,344,663$54,784,439
82$68,578,525$6,478,166$2,273,838$60,144,529
83$75,419,458$6,641,520$2,195,935$66,045,209
84$82,953,312$6,808,024$2,110,569$72,541,466
85$91,250,614$6,977,681$2,017,337$79,693,892
86$100,389,076$7,150,487$1,915,817$87,569,256
87$110,454,335$7,326,434$1,805,570$96,241,135
88$121,540,755$7,505,508$1,686,135$105,790,606
89$133,752,323$7,687,689$1,557,032$116,307,013
90$147,203,625$7,872,951$1,417,757$127,888,811
91$162,020,930$8,061,260$1,267,787$140,644,493
92$178,343,379$8,252,576$1,106,572$154,693,613
93$196,324,303$8,446,851$933,541$170,167,919
94$216,132,662$8,644,027$748,095$187,212,593
95$237,954,647$8,844,038$549,610$205,987,620
96$261,995,433$9,046,808$337,434$226,669,302
97$288,481,116$9,252,250$110,886$249,451,921
98$317,660,846$9,460,266$0$274,549,569
99$349,809,180$9,670,747$0$302,207,950
100$385,228,672$9,883,570$0$332,686,751