Can I retire at age 45 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$174,242$172,690$171,176$169,698$168,254$165,603
2 years$86,258$84,652$83,095$81,585$80,121$77,457
3 years$56,934$55,321$53,768$52,273$50,832$48,238
4 years$42,275$40,667$39,129$37,659$36,254$33,750
5 years$33,482$31,883$30,366$28,926$27,560$25,153
6 years$27,622$26,035$24,540$23,132$21,807$19,500
7 years$23,438$21,864$20,393$19,018$17,735$15,528
8 years$20,301$18,742$17,295$15,954$14,713$12,607
9 years$17,862$16,318$14,896$13,589$12,390$10,383
10 years$15,913$14,383$12,987$11,714$10,557$8,648
11 years$14,319$12,805$11,433$10,195$9,080$7,266
12 years$12,991$11,493$10,147$8,942$7,868$6,148
13 years$11,869$10,386$9,065$7,895$6,861$5,231
14 years$10,908$9,441$8,145$7,008$6,014$4,473
15 years$10,076$8,624$7,354$6,250$5,296$3,839
16 years$9,348$7,913$6,668$5,596$4,680$3,306
17 years$8,707$7,287$6,067$5,028$4,150$2,855
18 years$8,137$6,734$5,539$4,531$3,690$2,472
19 years$7,629$6,241$5,070$4,094$3,289$2,144
20 years$7,171$5,799$4,653$3,708$2,938$1,863
21 years$6,758$5,402$4,280$3,365$2,629$1,621
22 years$6,383$5,042$3,945$3,060$2,356$1,412
23 years$6,041$4,716$3,642$2,787$2,115$1,232
24 years$5,728$4,419$3,369$2,542$1,901$1,075
25 years$5,440$4,147$3,120$2,321$1,711$939
26 years$5,175$3,897$2,894$2,122$1,541$821
27 years$4,930$3,668$2,687$1,943$1,389$719
28 years$4,703$3,456$2,498$1,780$1,254$629
29 years$4,492$3,260$2,324$1,632$1,132$551
30 years$4,295$3,079$2,165$1,498$1,023$483
31 years$4,111$2,911$2,019$1,376$925$423
32 years$3,940$2,754$1,883$1,264$837$371
33 years$3,779$2,608$1,758$1,163$757$325
34 years$3,627$2,472$1,643$1,070$685$285
35 years$3,485$2,345$1,536$985$621$250
36 years$3,351$2,225$1,437$907$562$220
37 years$3,225$2,114$1,345$836$510$193
38 years$3,105$2,009$1,260$770$462$169
39 years$2,992$1,910$1,180$710$419$149
40 years$2,885$1,817$1,106$655$380$131
41 years$2,783$1,730$1,037$604$345$115
42 years$2,686$1,647$973$558$313$101
43 years$2,594$1,570$913$515$284$88
44 years$2,507$1,496$857$475$258$78
45 years$2,424$1,427$805$439$234$68
46 years$2,344$1,361$756$406$212$60
47 years$2,268$1,299$710$375$193$53
48 years$2,196$1,240$667$346$175$46
49 years$2,126$1,184$627$320$159$41
50 years$2,060$1,131$590$296$145$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,110,000, adding $2,113 every year, while hoping to spend $56,066 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: 61/12/27 Blend
44$2,110,000$2,110,000$2,110,000$2,110,000
45$2,327,400$2,215,570$2,182,865$2,452,370
46$2,505,141$2,264,479$2,196,337$2,586,537
47$2,699,132$2,313,905$2,208,381$2,726,670
48$2,910,972$2,363,815$2,218,891$2,878,438
49$3,142,421$2,414,172$2,227,753$3,042,988
50$3,395,415$2,464,933$2,234,850$3,221,585
51$3,672,087$2,516,055$2,240,057$3,415,622
52$3,974,786$2,567,487$2,243,245$3,626,635
53$4,306,096$2,619,176$2,244,276$3,856,318
54$4,668,865$2,671,064$2,243,006$4,106,536
55$5,066,229$2,723,085$2,239,286$4,379,348
56$5,501,639$2,775,171$2,232,958$4,677,021
57$5,978,899$2,827,247$2,223,854$5,002,058
58$6,502,197$2,879,232$2,211,803$5,357,214
59$7,076,144$2,931,038$2,196,622$5,745,528
60$7,705,822$2,982,570$2,178,120$6,170,351
61$8,396,826$3,033,726$2,156,097$6,635,376
62$9,155,320$3,084,397$2,130,344$7,144,674
63$9,988,094$3,134,464$2,100,643$7,702,734
64$10,902,628$3,183,800$2,066,762$8,314,504
65$11,907,160$3,232,271$2,028,463$8,985,438
66$13,010,767$3,279,729$1,985,493$9,721,549
67$14,223,448$3,326,018$1,937,590$10,529,467
68$15,556,218$3,370,971$1,884,477$11,416,498
69$17,021,214$3,414,410$1,825,868$12,390,697
70$18,631,803$3,456,142$1,761,461$13,460,944
71$20,402,718$3,495,963$1,690,940$14,637,028
72$22,350,185$3,533,656$1,613,977$15,929,738
73$24,492,086$3,568,987$1,530,227$17,350,968
74$26,848,119$3,601,707$1,439,330$18,913,830
75$29,439,989$3,631,553$1,340,910$20,632,776
76$32,291,611$3,658,242$1,234,573$22,523,737
77$35,429,334$3,681,475$1,119,910$24,604,273
78$38,882,190$3,700,931$996,491$26,893,740
79$42,682,168$3,716,271$863,868$29,413,476
80$46,864,514$3,727,134$721,573$32,186,997
81$51,468,066$3,733,134$569,117$35,240,226
82$56,535,616$3,733,866$405,990$38,601,736
83$62,114,318$3,728,894$231,659$42,303,021
84$68,256,127$3,717,758$45,568$46,378,795
85$75,018,294$3,699,970$0$50,867,320
86$82,463,904$3,675,013$0$55,854,853
87$90,662,468$3,642,335$0$61,360,667
88$99,690,585$3,601,354$0$67,423,036
89$109,632,657$3,551,452$0$74,098,618
90$120,581,689$3,491,975$0$81,449,850
91$132,640,168$3,422,228$0$89,545,535
92$145,921,024$3,341,476$0$98,461,496
93$160,548,702$3,248,942$0$108,281,285
94$176,660,331$3,143,801$0$119,096,979
95$194,407,019$3,025,182$0$131,010,045
96$213,955,280$2,892,161$0$144,132,298
97$235,488,604$2,743,763$0$158,586,961
98$259,209,189$2,578,955$0$174,509,821
99$285,339,848$2,396,644$0$192,050,520
100$314,126,109$2,195,677$0$211,373,960