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

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$189,106$187,422$185,778$184,174$182,608$177,474
2 years$93,617$91,873$90,184$88,545$86,956$81,823
3 years$61,791$60,040$58,355$56,732$55,169$50,197
4 years$45,882$44,136$42,467$40,872$39,347$34,575
5 years$36,338$34,603$32,956$31,394$29,911$25,351
6 years$29,978$28,256$26,634$25,106$23,667$19,325
7 years$25,437$23,729$22,133$20,641$19,248$15,123
8 years$22,033$20,340$18,770$17,315$15,968$12,057
9 years$19,386$17,710$16,167$14,749$13,447$9,748
10 years$17,270$15,611$14,095$12,713$11,458$7,964
11 years$15,540$13,897$12,409$11,065$9,854$6,561
12 years$14,100$12,473$11,012$9,705$8,539$5,441
13 years$12,882$11,272$9,839$8,568$7,446$4,535
14 years$11,838$10,246$8,840$7,606$6,528$3,796
15 years$10,935$9,360$7,982$6,783$5,747$3,189
16 years$10,146$8,588$7,236$6,073$5,080$2,687
17 years$9,450$7,909$6,585$5,457$4,504$2,269
18 years$8,832$7,308$6,011$4,918$4,005$1,920
19 years$8,279$6,773$5,503$4,444$3,569$1,627
20 years$7,783$6,294$5,050$4,025$3,188$1,381
21 years$7,334$5,863$4,645$3,653$2,853$1,174
22 years$6,927$5,472$4,281$3,321$2,557$998
23 years$6,556$5,118$3,953$3,025$2,296$850
24 years$6,216$4,796$3,656$2,759$2,063$724
25 years$5,904$4,500$3,386$2,519$1,857$617
26 years$5,616$4,230$3,140$2,303$1,673$527
27 years$5,350$3,981$2,916$2,108$1,508$449
28 years$5,104$3,751$2,711$1,932$1,361$383
29 years$4,875$3,539$2,523$1,771$1,229$327
30 years$4,661$3,342$2,350$1,626$1,110$280
31 years$4,462$3,159$2,191$1,493$1,004$239
32 years$4,276$2,989$2,044$1,372$908$204
33 years$4,101$2,831$1,908$1,262$822$174
34 years$3,937$2,683$1,783$1,161$744$149
35 years$3,783$2,545$1,667$1,069$674$127
36 years$3,637$2,415$1,560$984$610$109
37 years$3,500$2,294$1,460$907$553$93
38 years$3,370$2,180$1,367$836$502$80
39 years$3,247$2,073$1,281$771$455$68
40 years$3,131$1,972$1,200$711$413$58
41 years$3,020$1,877$1,126$656$374$50
42 years$2,916$1,788$1,056$605$340$43
43 years$2,816$1,704$991$559$308$36
44 years$2,721$1,624$930$516$280$31
45 years$2,630$1,549$873$477$254$27
46 years$2,544$1,477$820$440$231$23
47 years$2,462$1,410$771$407$209$19
48 years$2,383$1,346$724$376$190$17
49 years$2,308$1,285$681$347$173$14
50 years$2,236$1,228$640$321$157$12

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 $6,891 every year, while hoping to spend $56,959 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: 46/39/15 Blend
44$2,290,000$2,290,000$2,290,000$2,290,000
45$2,530,688$2,409,318$2,373,823$2,636,029
46$2,728,214$2,466,771$2,392,742$2,767,408
47$2,943,979$2,525,130$2,410,386$2,903,530
48$3,179,783$2,584,379$2,426,652$3,049,964
49$3,437,608$2,644,500$2,441,431$3,207,692
50$3,719,635$2,705,472$2,454,611$3,377,794
51$4,028,268$2,767,271$2,466,071$3,561,459
52$4,366,153$2,829,868$2,475,685$3,759,997
53$4,736,202$2,893,233$2,483,322$3,974,853
54$5,141,624$2,957,331$2,488,843$4,207,618
55$5,585,953$3,022,124$2,492,103$4,460,043
56$6,073,080$3,087,567$2,492,948$4,734,061
57$6,607,290$3,153,614$2,491,218$5,031,801
58$7,193,305$3,220,212$2,486,745$5,355,607
59$7,836,323$3,287,304$2,479,352$5,708,064
60$8,542,073$3,354,826$2,468,855$6,092,022
61$9,316,861$3,422,710$2,455,059$6,510,621
62$10,167,639$3,490,881$2,437,761$6,967,320
63$11,102,060$3,559,256$2,416,747$7,465,935
64$12,128,557$3,627,747$2,391,796$8,010,670
65$13,256,421$3,696,258$2,362,672$8,606,157
66$14,495,886$3,764,684$2,329,132$9,257,506
67$15,858,227$3,832,914$2,290,918$9,970,345
68$17,355,865$3,900,825$2,247,763$10,750,881
69$19,002,485$3,968,288$2,199,384$11,605,953
70$20,813,164$4,035,160$2,145,490$12,543,103
71$22,804,514$4,101,290$2,085,771$13,570,640
72$24,994,837$4,166,515$2,019,907$14,697,727
73$27,404,297$4,230,661$1,947,560$15,934,461
74$30,055,111$4,293,539$1,868,379$17,291,974
75$32,971,759$4,354,949$1,781,996$18,782,537
76$36,181,213$4,414,676$1,688,027$20,419,674
77$39,713,190$4,472,489$1,586,070$22,218,293
78$43,600,436$4,528,141$1,475,704$24,194,829
79$47,879,031$4,581,370$1,356,490$26,367,396
80$52,588,730$4,631,895$1,227,970$28,755,961
81$57,773,338$4,679,416$1,089,665$31,382,532
82$63,481,124$4,723,613$941,075$34,271,371
83$69,765,274$4,764,146$781,676$37,449,218
84$76,684,393$4,800,650$610,923$40,945,548
85$84,303,059$4,832,739$428,247$44,792,852
86$92,692,429$4,860,002$233,051$49,026,939
87$101,930,915$4,882,000$24,716$53,687,284
88$112,104,918$4,898,267$0$58,817,394
89$123,309,646$4,908,309$0$64,496,853
90$135,650,012$4,911,598$0$70,753,169
91$149,241,623$4,907,576$0$77,640,756
92$164,211,871$4,895,650$0$85,223,947
93$180,701,134$4,875,189$0$93,573,646
94$198,864,100$4,845,523$0$102,767,992
95$218,871,229$4,805,946$0$112,893,104
96$240,910,361$4,755,703$0$124,043,892
97$265,188,482$4,693,997$0$136,324,958
98$291,933,688$4,619,984$0$149,851,578
99$321,397,329$4,532,767$0$164,750,802
100$353,856,383$4,431,399$0$181,162,645