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%13.3%
1 years$190,758$189,058$187,401$185,783$184,203$181,675
2 years$94,434$92,676$90,971$89,319$87,716$85,173
3 years$62,331$60,565$58,864$57,227$55,650$53,173
4 years$46,282$44,521$42,838$41,229$39,690$37,296
5 years$36,656$34,905$33,244$31,668$30,172$27,869
6 years$30,240$28,503$26,866$25,325$23,874$21,664
7 years$25,659$23,937$22,326$20,821$19,416$17,300
8 years$22,225$20,518$18,934$17,466$16,107$14,086
9 years$19,556$17,865$16,308$14,877$13,565$11,636
10 years$17,421$15,747$14,218$12,824$11,558$9,720
11 years$15,676$14,019$12,517$11,161$9,940$8,192
12 years$14,223$12,582$11,109$9,790$8,614$6,954
13 years$12,994$11,371$9,925$8,643$7,512$5,937
14 years$11,942$10,336$8,917$7,672$6,585$5,093
15 years$11,031$9,442$8,051$6,842$5,798$4,387
16 years$10,234$8,663$7,300$6,127$5,124$3,791
17 years$9,532$7,978$6,642$5,505$4,543$3,286
18 years$8,909$7,372$6,064$4,961$4,040$2,854
19 years$8,352$6,832$5,551$4,482$3,601$2,485
20 years$7,851$6,349$5,094$4,060$3,216$2,167
21 years$7,398$5,914$4,686$3,684$2,878$1,893
22 years$6,988$5,520$4,319$3,350$2,580$1,655
23 years$6,613$5,163$3,988$3,051$2,316$1,449
24 years$6,270$4,837$3,688$2,783$2,081$1,270
25 years$5,956$4,540$3,416$2,541$1,873$1,114
26 years$5,665$4,267$3,168$2,324$1,687$978
27 years$5,397$4,015$2,942$2,127$1,521$859
28 years$5,148$3,784$2,735$1,949$1,372$755
29 years$4,917$3,569$2,545$1,787$1,239$664
30 years$4,702$3,371$2,370$1,640$1,120$584
31 years$4,501$3,187$2,210$1,506$1,012$514
32 years$4,313$3,015$2,062$1,384$916$453
33 years$4,137$2,855$1,925$1,273$829$399
34 years$3,971$2,706$1,799$1,171$750$351
35 years$3,816$2,567$1,682$1,078$680$309
36 years$3,669$2,436$1,573$993$616$273
37 years$3,530$2,314$1,472$915$558$240
38 years$3,399$2,199$1,379$843$506$212
39 years$3,276$2,091$1,292$778$459$187
40 years$3,158$1,990$1,211$717$416$165
41 years$3,047$1,894$1,135$662$378$145
42 years$2,941$1,804$1,065$611$343$128
43 years$2,840$1,719$999$564$311$113
44 years$2,745$1,638$938$520$282$100
45 years$2,653$1,562$881$481$256$88
46 years$2,566$1,490$827$444$233$78
47 years$2,483$1,422$777$410$211$68
48 years$2,404$1,358$730$379$192$60
49 years$2,328$1,296$687$350$174$53
50 years$2,255$1,238$645$324$158$47

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 $3,327 every year, while hoping to spend $54,841 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: 46/41/13 Blend
44$2,310,000$2,310,000$2,310,000$2,310,000
45$2,549,052$2,426,622$2,390,817$2,656,804
46$2,750,705$2,487,176$2,412,559$2,792,400
47$2,971,088$2,548,859$2,433,191$2,933,550
48$3,212,055$2,611,669$2,452,619$3,085,460
49$3,475,644$2,675,601$2,470,741$3,249,149
50$3,764,103$2,740,648$2,487,454$3,425,740
51$4,079,903$2,806,801$2,502,645$3,616,467
52$4,425,769$2,874,050$2,516,200$3,822,691
53$4,804,699$2,942,380$2,527,994$4,045,909
54$5,219,996$3,011,775$2,537,900$4,287,771
55$5,675,298$3,082,214$2,545,781$4,550,095
56$6,174,611$3,153,675$2,551,498$4,834,882
57$6,722,347$3,226,131$2,554,899$5,144,339
58$7,323,367$3,299,552$2,555,829$5,480,896
59$7,983,024$3,373,904$2,554,123$5,847,228
60$8,707,216$3,449,148$2,549,609$6,246,287
61$9,502,438$3,525,243$2,542,107$6,681,323
62$10,375,845$3,602,138$2,531,426$7,155,917
63$11,335,322$3,679,783$2,517,369$7,674,015
64$12,389,550$3,758,118$2,499,727$8,239,968
65$13,548,098$3,837,080$2,478,281$8,858,568
66$14,821,504$3,916,597$2,452,804$9,535,096
67$16,221,381$3,996,593$2,423,055$10,275,373
68$17,760,519$4,076,983$2,388,785$11,085,815
69$19,453,012$4,157,676$2,349,730$11,973,492
70$21,314,389$4,238,572$2,305,616$12,946,194
71$23,361,757$4,319,562$2,256,154$14,012,510
72$25,613,966$4,400,531$2,201,045$15,181,904
73$28,091,783$4,481,349$2,139,973$16,464,807
74$30,818,092$4,561,882$2,072,608$17,872,716
75$33,818,103$4,641,980$1,998,607$19,418,301
76$37,119,598$4,721,485$1,917,608$21,115,529
77$40,753,184$4,800,226$1,829,236$22,979,791
78$44,752,589$4,878,017$1,733,095$25,028,053
79$49,154,975$4,954,661$1,628,776$27,279,012
80$54,001,289$5,029,946$1,515,846$29,753,278
81$59,336,651$5,103,644$1,393,858$32,473,563
82$65,210,778$5,175,511$1,262,340$35,464,903
83$71,678,452$5,245,286$1,120,803$38,754,890
84$78,800,038$5,312,689$968,734$42,373,936
85$86,642,053$5,377,422$805,598$46,355,559
86$95,277,793$5,439,166$630,836$50,736,703
87$104,788,023$5,497,580$443,864$55,558,085
88$115,261,741$5,552,301$244,073$60,864,582
89$126,797,016$5,602,942$30,827$66,705,656
90$139,501,915$5,649,089$0$73,135,821
91$153,495,519$5,690,303$0$80,242,451
92$168,909,050$5,726,115$0$88,070,813
93$185,887,106$5,756,028$0$96,689,712
94$204,589,027$5,779,510$0$106,179,692
95$225,190,400$5,795,998$0$116,629,518
96$247,884,711$5,804,892$0$128,137,015
97$272,885,176$5,805,557$0$140,809,990
98$300,426,750$5,797,315$0$154,767,257
99$330,768,343$5,779,448$0$170,139,753
100$364,195,269$5,751,195$0$187,071,779