Can I retire at age 45 with 2,290,000?

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$189,106$187,422$185,778$184,174$182,608$175,989
2 years$93,617$91,873$90,184$88,545$86,956$80,360
3 years$61,791$60,040$58,355$56,732$55,169$48,803
4 years$45,882$44,136$42,467$40,872$39,347$33,260
5 years$36,338$34,603$32,956$31,394$29,911$24,119
6 years$29,978$28,256$26,634$25,106$23,667$18,175
7 years$25,437$23,729$22,133$20,641$19,248$14,054
8 years$22,033$20,340$18,770$17,315$15,968$11,067
9 years$19,386$17,710$16,167$14,749$13,447$8,833
10 years$17,270$15,611$14,095$12,713$11,458$7,122
11 years$15,540$13,897$12,409$11,065$9,854$5,788
12 years$14,100$12,473$11,012$9,705$8,539$4,733
13 years$12,882$11,272$9,839$8,568$7,446$3,890
14 years$11,838$10,246$8,840$7,606$6,528$3,209
15 years$10,935$9,360$7,982$6,783$5,747$2,656
16 years$10,146$8,588$7,236$6,073$5,080$2,204
17 years$9,450$7,909$6,585$5,457$4,504$1,833
18 years$8,832$7,308$6,011$4,918$4,005$1,527
19 years$8,279$6,773$5,503$4,444$3,569$1,274
20 years$7,783$6,294$5,050$4,025$3,188$1,064
21 years$7,334$5,863$4,645$3,653$2,853$890
22 years$6,927$5,472$4,281$3,321$2,557$744
23 years$6,556$5,118$3,953$3,025$2,296$623
24 years$6,216$4,796$3,656$2,759$2,063$522
25 years$5,904$4,500$3,386$2,519$1,857$438
26 years$5,616$4,230$3,140$2,303$1,673$367
27 years$5,350$3,981$2,916$2,108$1,508$308
28 years$5,104$3,751$2,711$1,932$1,361$258
29 years$4,875$3,539$2,523$1,771$1,229$217
30 years$4,661$3,342$2,350$1,626$1,110$182
31 years$4,462$3,159$2,191$1,493$1,004$153
32 years$4,276$2,989$2,044$1,372$908$128
33 years$4,101$2,831$1,908$1,262$822$108
34 years$3,937$2,683$1,783$1,161$744$91
35 years$3,783$2,545$1,667$1,069$674$76
36 years$3,637$2,415$1,560$984$610$64
37 years$3,500$2,294$1,460$907$553$54
38 years$3,370$2,180$1,367$836$502$45
39 years$3,247$2,073$1,281$771$455$38
40 years$3,131$1,972$1,200$711$413$32
41 years$3,020$1,877$1,126$656$374$27
42 years$2,916$1,788$1,056$605$340$22
43 years$2,816$1,704$991$559$308$19
44 years$2,721$1,624$930$516$280$16
45 years$2,630$1,549$873$477$254$13
46 years$2,544$1,477$820$440$231$11
47 years$2,462$1,410$771$407$209$9
48 years$2,383$1,346$724$376$190$8
49 years$2,308$1,285$681$347$173$7
50 years$2,236$1,228$640$321$157$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,290,000, adding $5,226 every year, while hoping to spend $53,792 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: 30/43/27 Blend
44$2,290,000$2,290,000$2,290,000$2,290,000
45$2,528,971$2,407,601$2,372,106$2,583,671
46$2,729,691$2,468,339$2,394,337$2,687,432
47$2,949,083$2,530,250$2,415,510$2,793,907
48$3,188,992$2,593,336$2,435,533$2,907,377
49$3,451,454$2,657,594$2,454,308$3,028,488
50$3,738,709$2,723,022$2,471,734$3,157,950
51$4,053,223$2,789,616$2,487,702$3,296,546
52$4,397,711$2,857,367$2,502,100$3,445,140
53$4,775,166$2,926,266$2,514,809$3,604,683
54$5,188,882$2,996,302$2,525,703$3,776,224
55$5,642,485$3,067,458$2,534,652$3,960,920
56$6,139,973$3,139,718$2,541,517$4,160,044
57$6,685,746$3,213,060$2,546,154$4,375,002
58$7,284,652$3,287,460$2,548,410$4,607,344
59$7,942,031$3,362,890$2,548,126$4,858,777
60$8,663,765$3,439,318$2,545,135$5,131,185
61$9,456,332$3,516,707$2,539,260$5,426,646
62$10,326,870$3,595,018$2,530,317$5,747,448
63$11,283,241$3,674,205$2,518,114$6,096,118
64$12,334,109$3,754,218$2,502,447$6,475,439
65$13,489,013$3,835,000$2,483,104$6,888,483
66$14,758,468$3,916,491$2,459,864$7,338,635
67$16,154,055$3,998,622$2,432,493$7,829,629
68$17,688,534$4,081,320$2,400,747$8,365,582
69$19,375,963$4,164,503$2,364,370$8,951,033
70$21,231,831$4,248,083$2,323,096$9,590,989
71$23,273,202$4,331,963$2,276,644$10,290,970
72$25,518,878$4,416,039$2,224,721$11,057,064
73$27,989,575$4,500,196$2,167,020$11,895,981
74$30,708,117$4,584,312$2,103,222$12,815,124
75$33,699,655$4,668,253$2,032,989$13,822,652
76$36,991,898$4,751,875$1,955,972$14,927,565
77$40,615,378$4,835,024$1,871,804$16,139,784
78$44,603,738$4,917,531$1,780,101$17,470,250
79$48,994,047$4,999,218$1,680,462$18,931,024
80$53,827,150$5,079,890$1,572,468$20,535,406
81$59,148,055$5,159,340$1,455,681$22,298,060
82$65,006,354$5,237,344$1,329,643$24,235,153
83$71,456,693$5,313,665$1,193,877$26,364,510
84$78,559,287$5,388,046$1,047,883$28,705,785
85$86,380,486$5,460,213$891,140$31,280,643
86$94,993,405$5,529,872$723,102$34,112,972
87$104,478,608$5,596,712$543,202$37,229,108
88$114,924,872$5,660,396$350,845$40,658,083
89$126,430,022$5,720,569$145,411$44,431,905
90$139,101,857$5,776,849$0$48,585,861
91$153,059,161$5,828,830$0$53,180,116
92$168,432,831$5,876,078$0$58,282,375
93$185,367,108$5,918,133$0$63,898,177
94$204,020,935$5,954,504$0$70,079,847
95$224,569,464$5,984,669$0$76,885,053
96$247,205,702$6,008,070$0$84,377,350
97$272,142,336$6,024,119$0$92,626,784
98$299,613,739$6,032,185$0$101,710,554
99$329,878,181$6,031,603$0$111,713,741
100$363,220,268$6,021,663$0$122,730,115