Can I retire at age 45 with 2,380,000?

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 $2,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$196,538$194,788$193,080$191,412$189,785$183,051
2 years$97,296$95,484$93,728$92,025$90,374$83,661
3 years$64,220$62,400$60,648$58,961$57,337$50,857
4 years$47,685$45,871$44,136$42,478$40,893$34,695
5 years$37,766$35,963$34,252$32,627$31,086$25,186
6 years$31,156$29,367$27,680$26,092$24,597$19,000
7 years$26,437$24,662$23,003$21,452$20,004$14,708
8 years$22,899$21,140$19,508$17,996$16,596$11,596
9 years$20,148$18,406$16,802$15,328$13,976$9,267
10 years$17,949$16,224$14,649$13,213$11,908$7,482
11 years$16,151$14,443$12,896$11,499$10,241$6,088
12 years$14,654$12,964$11,445$10,086$8,875$4,985
13 years$13,388$11,715$10,226$8,905$7,739$4,102
14 years$12,304$10,649$9,188$7,905$6,784$3,389
15 years$11,365$9,728$8,295$7,050$5,973$2,809
16 years$10,544$8,925$7,521$6,312$5,279$2,334
17 years$9,821$8,220$6,844$5,671$4,681$1,944
18 years$9,179$7,595$6,247$5,111$4,162$1,622
19 years$8,605$7,039$5,719$4,618$3,710$1,355
20 years$8,089$6,541$5,249$4,183$3,314$1,134
21 years$7,623$6,093$4,828$3,796$2,965$949
22 years$7,199$5,688$4,450$3,452$2,658$796
23 years$6,814$5,319$4,108$3,143$2,386$667
24 years$6,460$4,984$3,800$2,867$2,145$560
25 years$6,136$4,677$3,519$2,618$1,930$470
26 years$5,837$4,396$3,264$2,394$1,738$395
27 years$5,561$4,137$3,031$2,191$1,567$332
28 years$5,305$3,898$2,818$2,008$1,414$279
29 years$5,066$3,678$2,622$1,841$1,277$234
30 years$4,845$3,473$2,442$1,690$1,154$197
31 years$4,638$3,283$2,277$1,552$1,043$166
32 years$4,444$3,107$2,124$1,426$944$139
33 years$4,262$2,942$1,983$1,311$854$117
34 years$4,092$2,788$1,853$1,207$773$99
35 years$3,931$2,645$1,733$1,111$700$83
36 years$3,780$2,510$1,621$1,023$634$70
37 years$3,637$2,384$1,517$943$575$59
38 years$3,502$2,266$1,421$869$521$49
39 years$3,375$2,155$1,331$801$473$42
40 years$3,254$2,050$1,248$739$429$35
41 years$3,139$1,951$1,170$682$389$29
42 years$3,030$1,858$1,097$629$353$25
43 years$2,926$1,771$1,030$581$320$21
44 years$2,828$1,688$967$536$291$18
45 years$2,734$1,609$908$495$264$15
46 years$2,644$1,535$852$457$240$12
47 years$2,559$1,465$801$423$218$10
48 years$2,477$1,399$753$391$198$9
49 years$2,399$1,336$707$361$180$7
50 years$2,324$1,276$665$334$163$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,380,000, adding $2,456 every year, while hoping to spend $34,187 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: 40/43/17 Blend
44$2,380,000$2,380,000$2,380,000$2,380,000
45$2,625,293$2,499,153$2,462,263$2,716,959
46$2,856,699$2,585,237$2,508,374$2,868,522
47$3,110,561$2,674,393$2,554,885$3,028,890
48$3,389,136$2,766,736$2,601,771$3,201,656
49$3,694,907$2,862,385$2,649,009$3,387,966
50$4,030,608$2,961,462$2,696,571$3,589,075
51$4,399,254$3,064,098$2,744,430$3,806,366
52$4,804,163$3,170,425$2,792,554$4,041,357
53$5,248,994$3,280,581$2,840,911$4,295,716
54$5,737,773$3,394,712$2,889,463$4,571,277
55$6,274,940$3,512,966$2,938,174$4,870,058
56$6,865,382$3,635,500$2,987,001$5,194,278
57$7,514,488$3,762,476$3,035,902$5,546,376
58$8,228,190$3,894,062$3,084,830$5,929,036
59$9,013,028$4,030,434$3,133,734$6,345,210
60$9,876,204$4,171,772$3,182,562$6,798,146
61$10,825,656$4,318,268$3,231,256$7,291,419
62$11,870,127$4,470,117$3,279,758$7,828,962
63$13,019,252$4,627,525$3,328,002$8,415,101
64$14,283,647$4,790,705$3,375,921$9,054,602
65$15,675,008$4,959,878$3,423,443$9,752,708
66$17,206,221$5,135,275$3,470,491$10,515,189
67$18,891,488$5,317,136$3,516,985$11,348,399
68$20,746,455$5,505,711$3,562,839$12,259,333
69$22,788,361$5,701,258$3,607,962$13,255,693
70$25,036,204$5,904,049$3,652,258$14,345,955
71$27,510,914$6,114,365$3,695,626$15,539,457
72$30,235,557$6,332,499$3,737,959$16,846,479
73$33,235,547$6,558,755$3,779,144$18,278,341
74$36,538,889$6,793,450$3,819,062$19,847,511
75$40,176,442$7,036,915$3,857,586$21,567,716
76$44,182,208$7,289,493$3,894,584$23,454,079
77$48,593,657$7,551,542$3,929,917$25,523,252
78$53,452,077$7,823,434$3,963,436$27,793,578
79$58,802,964$8,105,558$3,994,987$30,285,259
80$64,696,454$8,398,318$4,024,406$33,020,549
81$71,187,791$8,702,134$4,051,522$36,023,959
82$78,337,851$9,017,444$4,076,154$39,322,489
83$86,213,718$9,344,705$4,098,111$42,945,883
84$94,889,314$9,684,392$4,117,194$46,926,905
85$104,446,097$10,037,001$4,133,194$51,301,649
86$114,973,831$10,403,046$4,145,888$56,109,876
87$126,571,433$10,783,066$4,155,046$61,395,391
88$139,347,903$11,177,620$4,160,424$67,206,452
89$153,423,358$11,587,293$4,161,768$73,596,224
90$168,930,162$12,012,691$4,158,808$80,623,282
91$186,014,175$12,454,449$4,151,264$88,352,156
92$204,836,131$12,913,227$4,138,841$96,853,945
93$225,573,154$13,389,713$4,121,230$106,206,982
94$248,420,431$13,884,625$4,098,107$116,497,571
95$273,593,054$14,398,710$4,069,133$127,820,804
96$301,328,046$14,932,748$4,033,950$140,281,450
97$331,886,606$15,487,552$3,992,186$153,994,945
98$365,556,567$16,063,969$3,943,451$169,088,482
99$402,655,115$16,662,882$3,887,335$185,702,203
100$443,531,787$17,285,213$3,823,411$203,990,524