Can I retire at age 45 with 2,130,000?

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 $2,130,000?

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$175,893$174,327$172,798$171,306$169,849$165,141
2 years$87,076$85,454$83,883$82,359$80,881$76,172
3 years$57,474$55,845$54,278$52,768$51,314$46,753
4 years$42,676$41,052$39,500$38,016$36,598$32,219
5 years$33,799$32,185$30,654$29,200$27,821$23,636
6 years$27,884$26,282$24,773$23,352$22,014$18,027
7 years$23,660$22,071$20,586$19,199$17,903$14,115
8 years$20,493$18,919$17,459$16,105$14,852$11,261
9 years$18,032$16,473$15,037$13,718$12,508$9,109
10 years$16,064$14,520$13,110$11,825$10,657$7,447
11 years$14,455$12,926$11,542$10,291$9,166$6,139
12 years$13,115$11,602$10,243$9,027$7,943$5,094
13 years$11,982$10,485$9,151$7,969$6,926$4,249
14 years$11,011$9,530$8,223$7,074$6,071$3,559
15 years$10,171$8,706$7,424$6,309$5,346$2,992
16 years$9,437$7,988$6,731$5,649$4,725$2,523
17 years$8,789$7,356$6,125$5,076$4,189$2,132
18 years$8,215$6,798$5,591$4,574$3,725$1,805
19 years$7,701$6,300$5,118$4,133$3,320$1,531
20 years$7,239$5,854$4,697$3,743$2,966$1,301
21 years$6,822$5,453$4,321$3,397$2,654$1,106
22 years$6,443$5,090$3,982$3,089$2,379$942
23 years$6,098$4,761$3,677$2,813$2,135$802
24 years$5,782$4,460$3,400$2,566$1,919$684
25 years$5,491$4,186$3,150$2,343$1,727$584
26 years$5,224$3,934$2,921$2,143$1,556$498
27 years$4,977$3,702$2,712$1,961$1,403$425
28 years$4,747$3,489$2,522$1,797$1,266$363
29 years$4,534$3,291$2,347$1,648$1,143$311
30 years$4,336$3,108$2,186$1,512$1,033$265
31 years$4,150$2,938$2,038$1,389$934$227
32 years$3,977$2,780$1,901$1,276$844$194
33 years$3,815$2,633$1,775$1,174$764$166
34 years$3,662$2,495$1,659$1,080$692$142
35 years$3,518$2,367$1,551$994$627$121
36 years$3,383$2,247$1,451$916$568$104
37 years$3,255$2,134$1,358$844$515$89
38 years$3,135$2,028$1,271$778$467$76
39 years$3,020$1,928$1,191$717$423$65
40 years$2,912$1,835$1,117$661$384$56
41 years$2,809$1,746$1,047$610$348$48
42 years$2,712$1,663$982$563$316$41
43 years$2,619$1,585$922$520$287$35
44 years$2,531$1,510$865$480$260$30
45 years$2,447$1,440$812$443$236$26
46 years$2,366$1,374$763$409$215$22
47 years$2,290$1,311$717$378$195$19
48 years$2,217$1,252$674$350$177$16
49 years$2,147$1,195$633$323$161$14
50 years$2,080$1,142$595$299$146$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,130,000, adding $6,580 every year, while hoping to spend $34,569 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: 63/22/15 Blend
44$2,130,000$2,130,000$2,130,000$2,130,000
45$2,354,047$2,241,157$2,208,142$2,493,309
46$2,557,379$2,314,193$2,245,334$2,660,583
47$2,780,292$2,389,649$2,282,613$2,838,628
48$3,024,747$2,467,606$2,319,945$3,032,218
49$3,292,903$2,548,152$2,357,296$3,242,865
50$3,587,140$2,631,372$2,394,626$3,472,237
51$3,910,078$2,717,358$2,431,895$3,722,166
52$4,264,602$2,806,205$2,469,060$3,994,672
53$4,653,892$2,898,010$2,506,074$4,291,977
54$5,081,450$2,992,873$2,542,889$4,616,528
55$5,551,134$3,090,900$2,579,452$4,971,021
56$6,067,195$3,192,199$2,615,708$5,358,422
57$6,634,313$3,296,882$2,651,599$5,781,999
58$7,257,648$3,405,064$2,687,063$6,245,350
59$7,942,882$3,516,866$2,722,034$6,752,438
60$8,696,276$3,632,413$2,756,442$7,307,628
61$9,524,728$3,751,832$2,790,214$7,915,728
62$10,435,837$3,875,259$2,823,273$8,582,031
63$11,437,976$4,002,830$2,855,536$9,312,371
64$12,540,370$4,134,689$2,886,917$10,113,172
65$13,753,184$4,270,985$2,917,325$10,991,510
66$15,087,616$4,411,870$2,946,663$11,955,182
67$16,556,006$4,557,505$2,974,829$13,012,775
68$18,171,949$4,708,053$3,001,716$14,173,749
69$19,950,426$4,863,687$3,027,212$15,448,528
70$21,907,944$5,024,581$3,051,198$16,848,593
71$24,062,689$5,190,921$3,073,548$18,386,594
72$26,434,702$5,362,895$3,094,131$20,076,469
73$29,046,066$5,540,701$3,112,809$21,933,572
74$31,921,113$5,724,543$3,129,435$23,974,820
75$35,086,653$5,914,632$3,143,858$26,218,854
76$38,572,230$6,111,188$3,155,916$28,686,209
77$42,410,398$6,314,437$3,165,440$31,399,513
78$46,637,029$6,524,615$3,172,252$34,383,698
79$51,291,651$6,741,966$3,176,168$37,666,233
80$56,417,820$6,966,743$3,176,990$41,277,387
81$62,063,533$7,199,208$3,174,514$45,250,510
82$68,281,677$7,439,634$3,168,525$49,622,351
83$75,130,534$7,688,301$3,158,796$54,433,401
84$82,674,324$7,945,504$3,145,091$59,728,277
85$90,983,816$8,211,544$3,127,163$65,556,144
86$100,136,993$8,486,737$3,104,750$71,971,174
87$110,219,787$8,771,408$3,077,580$79,033,060
88$121,326,894$9,065,896$3,045,368$86,807,579
89$133,562,664$9,370,552$3,007,814$95,367,213
90$147,042,086$9,685,739$2,964,606$104,791,829
91$161,891,874$10,011,836$2,915,416$115,169,436
92$178,251,663$10,349,233$2,859,899$126,597,016
93$196,275,324$10,698,337$2,797,698$139,181,433
94$216,132,422$11,059,570$2,728,436$153,040,448
95$238,009,809$11,433,370$2,651,719$168,303,827
96$262,113,395$11,820,190$2,567,136$185,114,564
97$288,670,084$12,220,502$2,474,258$203,630,233
98$317,929,920$12,634,794$2,372,633$224,024,474
99$350,168,447$13,063,574$2,261,792$246,488,630
100$385,689,309$13,507,370$2,141,242$271,233,555