Can I retire at age 45 with 2,090,000?

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 $2,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$172,590$171,053$169,553$168,089$166,660$162,763
2 years$85,441$83,849$82,307$80,812$79,362$75,458
3 years$56,395$54,797$53,258$51,777$50,350$46,562
4 years$41,874$40,281$38,758$37,302$35,910$32,266
5 years$33,165$31,581$30,078$28,652$27,298$23,808
6 years$27,360$25,788$24,308$22,913$21,600$18,268
7 years$23,215$21,657$20,200$18,838$17,567$14,393
8 years$20,108$18,564$17,131$15,803$14,573$11,557
9 years$17,693$16,163$14,755$13,461$12,273$9,411
10 years$15,762$14,247$12,864$11,603$10,457$7,747
11 years$14,183$12,683$11,325$10,098$8,993$6,431
12 years$12,868$11,384$10,051$8,857$7,794$5,375
13 years$11,757$10,288$8,980$7,820$6,796$4,517
14 years$10,804$9,351$8,068$6,942$5,957$3,812
15 years$9,980$8,543$7,284$6,191$5,245$3,230
16 years$9,259$7,838$6,604$5,543$4,636$2,744
17 years$8,624$7,218$6,010$4,980$4,111$2,338
18 years$8,060$6,670$5,486$4,488$3,655$1,996
19 years$7,556$6,182$5,022$4,056$3,258$1,707
20 years$7,103$5,744$4,609$3,673$2,910$1,462
21 years$6,694$5,351$4,240$3,334$2,604$1,254
22 years$6,322$4,995$3,907$3,031$2,334$1,077
23 years$5,983$4,671$3,608$2,760$2,095$925
24 years$5,673$4,377$3,337$2,518$1,883$796
25 years$5,388$4,107$3,090$2,299$1,695$685
26 years$5,126$3,860$2,866$2,102$1,526$590
27 years$4,883$3,633$2,662$1,924$1,376$508
28 years$4,658$3,423$2,474$1,763$1,242$438
29 years$4,449$3,229$2,302$1,617$1,121$378
30 years$4,254$3,050$2,145$1,484$1,013$326
31 years$4,072$2,883$1,999$1,363$916$281
32 years$3,902$2,728$1,865$1,252$829$243
33 years$3,743$2,584$1,742$1,152$750$209
34 years$3,593$2,449$1,627$1,060$679$181
35 years$3,452$2,322$1,522$975$615$156
36 years$3,319$2,204$1,423$898$557$135
37 years$3,194$2,094$1,332$828$505$116
38 years$3,076$1,990$1,248$763$458$101
39 years$2,964$1,892$1,169$703$415$87
40 years$2,857$1,800$1,096$649$377$75
41 years$2,757$1,714$1,027$599$342$65
42 years$2,661$1,632$964$552$310$56
43 years$2,570$1,555$904$510$281$48
44 years$2,483$1,482$849$471$255$42
45 years$2,401$1,413$797$435$232$36
46 years$2,322$1,348$749$402$210$31
47 years$2,247$1,287$703$371$191$27
48 years$2,175$1,228$661$343$174$23
49 years$2,106$1,173$621$317$158$20
50 years$2,041$1,120$584$293$143$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,090,000, adding $4,404 every year, while hoping to spend $56,730 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: 82/7/11 Blend
44$2,090,000$2,090,000$2,090,000$2,090,000
45$2,307,723$2,196,953$2,164,558$2,492,338
46$2,482,750$2,244,243$2,176,710$2,661,244
47$2,673,729$2,291,949$2,187,368$2,838,708
48$2,882,227$2,340,032$2,196,422$3,031,853
49$3,109,968$2,388,448$2,203,757$3,242,221
50$3,358,852$2,437,149$2,209,250$3,471,513
51$3,630,970$2,486,084$2,212,774$3,721,599
52$3,928,623$2,535,197$2,214,197$3,994,540
53$4,254,347$2,584,426$2,213,377$4,292,607
54$4,610,932$2,633,705$2,210,167$4,618,299
55$5,001,453$2,682,962$2,204,413$4,974,373
56$5,429,293$2,732,119$2,195,953$5,363,862
57$5,898,180$2,781,091$2,184,616$5,790,110
58$6,412,219$2,829,789$2,170,225$6,256,799
59$6,975,931$2,878,115$2,152,594$6,767,986
60$7,594,296$2,925,963$2,131,526$7,328,142
61$8,272,800$2,973,221$2,106,818$7,942,193
62$9,017,483$3,019,766$2,078,254$8,615,564
63$9,835,001$3,065,470$2,045,610$9,354,234
64$10,732,685$3,110,191$2,008,651$10,164,791
65$11,718,609$3,153,781$1,967,132$11,054,494
66$12,801,670$3,196,079$1,920,793$12,031,341
67$13,991,668$3,236,915$1,869,368$13,104,143
68$15,299,399$3,276,104$1,812,572$14,282,613
69$16,736,757$3,313,452$1,750,112$15,577,450
70$18,316,845$3,348,750$1,681,680$17,000,445
71$20,054,099$3,381,775$1,606,953$18,564,591
72$21,964,425$3,412,290$1,525,594$20,284,204
73$24,065,346$3,440,042$1,437,250$22,175,061
74$26,376,168$3,464,761$1,341,555$24,254,547
75$28,918,162$3,486,159$1,238,122$26,541,819
76$31,714,767$3,503,933$1,126,551$29,057,988
77$34,791,804$3,517,757$1,006,422$31,826,317
78$38,177,726$3,527,285$877,295$34,872,443
79$41,903,882$3,532,150$738,712$38,224,615
80$46,004,815$3,531,963$590,197$41,913,964
81$50,518,586$3,526,308$431,248$45,974,798
82$55,487,132$3,514,747$261,344$50,444,921
83$60,956,662$3,496,812$79,942$55,365,995
84$66,978,094$3,472,009$0$60,783,930
85$73,607,534$3,439,812$0$66,762,658
86$80,906,803$3,399,663$0$73,355,476
87$88,944,024$3,350,974$0$80,614,504
88$97,794,260$3,293,117$0$88,607,527
89$107,540,226$3,225,431$0$97,409,241
90$118,273,065$3,147,213$0$107,101,955
91$130,093,212$3,057,720$0$117,776,370
92$143,111,336$2,956,166$0$129,532,435
93$157,449,391$2,841,716$0$142,480,289
94$173,241,759$2,713,491$0$156,741,302
95$190,636,524$2,570,557$0$172,449,218
96$209,796,864$2,411,929$0$189,751,420
97$230,902,594$2,236,563$0$208,810,319
98$254,151,861$2,043,358$0$229,804,889
99$279,763,016$1,831,148$0$252,932,351
100$307,976,670$1,598,700$0$278,410,044