Can I retire at age 45 with 2,310,000?

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 $2,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$190,758$189,058$187,401$185,783$184,203$179,096
2 years$94,434$92,676$90,971$89,319$87,716$82,609
3 years$62,331$60,565$58,864$57,227$55,650$50,703
4 years$46,282$44,521$42,838$41,229$39,690$34,941
5 years$36,656$34,905$33,244$31,668$30,172$25,634
6 years$30,240$28,503$26,866$25,325$23,874$19,551
7 years$25,659$23,937$22,326$20,821$19,416$15,308
8 years$22,225$20,518$18,934$17,466$16,107$12,212
9 years$19,556$17,865$16,308$14,877$13,565$9,879
10 years$17,421$15,747$14,218$12,824$11,558$8,077
11 years$15,676$14,019$12,517$11,161$9,940$6,658
12 years$14,223$12,582$11,109$9,790$8,614$5,524
13 years$12,994$11,371$9,925$8,643$7,512$4,608
14 years$11,942$10,336$8,917$7,672$6,585$3,860
15 years$11,031$9,442$8,051$6,842$5,798$3,245
16 years$10,234$8,663$7,300$6,127$5,124$2,736
17 years$9,532$7,978$6,642$5,505$4,543$2,312
18 years$8,909$7,372$6,064$4,961$4,040$1,958
19 years$8,352$6,832$5,551$4,482$3,601$1,661
20 years$7,851$6,349$5,094$4,060$3,216$1,411
21 years$7,398$5,914$4,686$3,684$2,878$1,200
22 years$6,988$5,520$4,319$3,350$2,580$1,021
23 years$6,613$5,163$3,988$3,051$2,316$870
24 years$6,270$4,837$3,688$2,783$2,081$742
25 years$5,956$4,540$3,416$2,541$1,873$633
26 years$5,665$4,267$3,168$2,324$1,687$540
27 years$5,397$4,015$2,942$2,127$1,521$461
28 years$5,148$3,784$2,735$1,949$1,372$394
29 years$4,917$3,569$2,545$1,787$1,239$337
30 years$4,702$3,371$2,370$1,640$1,120$288
31 years$4,501$3,187$2,210$1,506$1,012$246
32 years$4,313$3,015$2,062$1,384$916$211
33 years$4,137$2,855$1,925$1,273$829$180
34 years$3,971$2,706$1,799$1,171$750$154
35 years$3,816$2,567$1,682$1,078$680$132
36 years$3,669$2,436$1,573$993$616$113
37 years$3,530$2,314$1,472$915$558$96
38 years$3,399$2,199$1,379$843$506$83
39 years$3,276$2,091$1,292$778$459$71
40 years$3,158$1,990$1,211$717$416$60
41 years$3,047$1,894$1,135$662$378$52
42 years$2,941$1,804$1,065$611$343$44
43 years$2,840$1,719$999$564$311$38
44 years$2,745$1,638$938$520$282$32
45 years$2,653$1,562$881$481$256$28
46 years$2,566$1,490$827$444$233$24
47 years$2,483$1,422$777$410$211$20
48 years$2,404$1,358$730$379$192$17
49 years$2,328$1,296$687$350$174$15
50 years$2,255$1,238$645$324$158$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,310,000, adding $2,029 every year, while hoping to spend $57,069 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: 77/6/17 Blend
44$2,310,000$2,310,000$2,310,000$2,310,000
45$2,547,713$2,425,283$2,389,478$2,734,120
46$2,746,859$2,483,401$2,408,804$2,915,633
47$2,964,405$2,542,454$2,426,866$3,107,286
48$3,202,167$2,602,427$2,443,559$3,315,917
49$3,462,146$2,663,305$2,458,777$3,543,202
50$3,746,544$2,725,065$2,472,405$3,790,990
51$4,057,786$2,787,687$2,484,324$4,061,315
52$4,398,540$2,851,144$2,494,409$4,356,419
53$4,771,747$2,915,407$2,502,528$4,678,773
54$5,180,645$2,980,441$2,508,542$5,031,096
55$5,628,799$3,046,211$2,512,307$5,416,387
56$6,120,137$3,112,675$2,513,669$5,837,950
57$6,658,982$3,179,788$2,512,468$6,299,422
58$7,250,100$3,247,499$2,508,537$6,804,815
59$7,898,736$3,315,753$2,501,700$7,358,545
60$8,610,671$3,384,488$2,491,770$7,965,482
61$9,392,271$3,453,639$2,478,556$8,630,988
62$10,250,547$3,523,133$2,461,852$9,360,975
63$11,193,227$3,592,890$2,441,448$10,161,956
64$12,228,819$3,662,825$2,417,120$11,041,107
65$13,366,699$3,732,843$2,388,633$12,006,337
66$14,617,195$3,802,845$2,355,745$13,066,361
67$15,991,684$3,872,720$2,318,198$14,230,781
68$17,502,703$3,942,350$2,275,725$15,510,181
69$19,164,062$4,011,609$2,228,045$16,916,222
70$20,990,976$4,080,357$2,174,864$18,461,756
71$23,000,208$4,148,448$2,115,875$20,160,943
72$25,210,230$4,215,722$2,050,757$22,029,389
73$27,641,389$4,282,008$1,979,173$24,084,294
74$30,316,108$4,347,124$1,900,773$26,344,609
75$33,259,090$4,410,872$1,815,187$28,831,220
76$36,497,554$4,473,042$1,722,033$31,567,142
77$40,061,492$4,533,408$1,620,909$34,577,741
78$43,983,949$4,591,730$1,511,394$37,890,969
79$48,301,337$4,647,749$1,393,051$41,537,628
80$53,053,775$4,701,191$1,265,420$45,551,666
81$58,285,472$4,751,761$1,128,023$49,970,491
82$64,045,138$4,799,145$980,360$54,835,331
83$70,386,448$4,843,010$821,908$60,191,617
84$77,368,547$4,882,998$652,123$66,089,419
85$85,056,604$4,918,730$470,434$72,583,911
86$93,522,431$4,949,802$276,247$79,735,902
87$102,845,160$4,975,782$68,942$87,612,399
88$113,111,985$4,996,214$0$96,287,250
89$124,418,990$5,010,611$0$105,869,461
90$136,872,051$5,018,456$0$116,436,232
91$150,587,837$5,019,197$0$128,074,010
92$165,694,911$5,012,253$0$140,891,846
93$182,334,941$4,997,002$0$155,009,912
94$200,664,038$4,972,787$0$170,560,632
95$220,854,226$4,938,910$0$187,689,932
96$243,095,071$4,894,631$0$206,558,617
97$267,595,464$4,839,163$0$227,343,891
98$294,585,595$4,771,676$0$250,241,026
99$324,319,124$4,691,287$0$275,465,206
100$357,075,576$4,597,061$0$303,253,559