Can I retire at age 45 with 2,200,000?

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$181,674$180,056$178,477$176,936$175,431$171,469
2 years$89,938$88,263$86,639$85,065$83,539$79,568
3 years$59,363$57,681$56,061$54,502$53,000$49,145
4 years$44,078$42,401$40,798$39,266$37,800$34,090
5 years$34,910$33,243$31,661$30,160$28,735$25,181
6 years$28,800$27,146$25,587$24,119$22,737$19,342
7 years$24,437$22,797$21,263$19,830$18,491$15,257
8 years$21,167$19,541$18,033$16,635$15,340$12,264
9 years$18,624$17,014$15,531$14,169$12,919$9,999
10 years$16,592$14,997$13,541$12,214$11,007$8,241
11 years$14,930$13,351$11,921$10,630$9,467$6,850
12 years$13,546$11,983$10,580$9,324$8,204$5,733
13 years$12,375$10,829$9,452$8,231$7,154$4,824
14 years$11,373$9,843$8,493$7,307$6,271$4,077
15 years$10,505$8,992$7,668$6,516$5,521$3,459
16 years$9,747$8,250$6,952$5,835$4,880$2,943
17 years$9,078$7,598$6,326$5,243$4,327$2,511
18 years$8,485$7,021$5,775$4,725$3,847$2,147
19 years$7,954$6,507$5,287$4,269$3,429$1,839
20 years$7,477$6,047$4,852$3,866$3,063$1,577
21 years$7,046$5,632$4,463$3,509$2,741$1,355
22 years$6,655$5,257$4,113$3,191$2,457$1,165
23 years$6,298$4,917$3,798$2,906$2,205$1,003
24 years$5,972$4,607$3,512$2,650$1,982$864
25 years$5,672$4,323$3,253$2,420$1,784$745
26 years$5,396$4,063$3,017$2,213$1,607$642
27 years$5,140$3,824$2,802$2,026$1,449$554
28 years$4,903$3,603$2,604$1,856$1,307$479
29 years$4,683$3,399$2,424$1,702$1,180$413
30 years$4,478$3,210$2,258$1,562$1,066$357
31 years$4,287$3,035$2,105$1,434$964$309
32 years$4,108$2,872$1,964$1,318$872$267
33 years$3,940$2,719$1,833$1,212$789$231
34 years$3,782$2,577$1,713$1,115$715$200
35 years$3,634$2,445$1,602$1,027$647$173
36 years$3,494$2,320$1,498$946$586$149
37 years$3,362$2,204$1,402$871$532$129
38 years$3,238$2,094$1,313$803$482$112
39 years$3,120$1,992$1,230$740$437$97
40 years$3,008$1,895$1,153$683$396$84
41 years$2,902$1,804$1,081$630$360$72
42 years$2,801$1,718$1,014$582$326$63
43 years$2,705$1,637$952$537$296$54
44 years$2,614$1,560$893$496$269$47
45 years$2,527$1,488$839$458$244$41
46 years$2,444$1,419$788$423$222$35
47 years$2,365$1,354$740$391$201$30
48 years$2,289$1,293$696$361$183$26
49 years$2,217$1,235$654$334$166$23
50 years$2,148$1,179$615$308$151$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,200,000, adding $6,207 every year, while hoping to spend $29,739 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: 73/19/8 Blend
44$2,200,000$2,200,000$2,200,000$2,200,000
45$2,430,803$2,314,203$2,280,103$2,604,692
46$2,647,102$2,395,956$2,324,844$2,801,980
47$2,884,468$2,480,719$2,370,087$3,013,652
48$3,145,017$2,568,608$2,415,818$3,244,640
49$3,431,081$2,659,742$2,462,021$3,496,843
50$3,745,230$2,754,248$2,508,677$3,772,351
51$4,090,294$2,852,257$2,555,768$4,073,466
52$4,469,390$2,953,904$2,603,273$4,402,722
53$4,885,954$3,059,331$2,651,168$4,762,907
54$5,343,768$3,168,685$2,699,430$5,157,093
55$5,847,003$3,282,121$2,748,031$5,588,663
56$6,400,249$3,399,797$2,796,942$6,061,339
57$7,008,568$3,521,880$2,846,133$6,579,224
58$7,677,533$3,648,544$2,895,570$7,146,834
59$8,413,287$3,779,967$2,945,216$7,769,142
60$9,222,595$3,916,339$2,995,034$8,451,627
61$10,112,915$4,057,855$3,044,983$9,200,321
62$11,092,460$4,204,717$3,095,017$10,021,871
63$12,170,281$4,357,139$3,145,091$10,923,596
64$13,356,352$4,515,340$3,195,153$11,913,559
65$14,661,659$4,679,552$3,245,151$13,000,640
66$16,098,312$4,850,013$3,295,027$14,194,623
67$17,679,649$5,026,974$3,344,720$15,506,285
68$19,420,372$5,210,693$3,394,166$16,947,497
69$21,336,676$5,401,444$3,443,296$18,531,338
70$23,446,409$5,599,506$3,492,039$20,272,215
71$25,769,236$5,805,176$3,540,316$22,186,002
72$28,326,828$6,018,759$3,588,046$24,290,185
73$31,143,061$6,240,575$3,635,143$26,604,030
74$34,244,248$6,470,958$3,681,515$29,148,761
75$37,659,381$6,710,254$3,727,065$31,947,764
76$41,420,406$6,958,826$3,771,690$35,026,803
77$45,562,530$7,217,050$3,815,284$38,414,265
78$50,124,543$7,485,320$3,857,731$42,141,426
79$55,149,192$7,764,047$3,898,911$46,242,745
80$60,683,582$8,053,658$3,938,696$50,756,192
81$66,779,618$8,354,598$3,976,954$55,723,600
82$73,494,499$8,667,333$4,013,542$61,191,065
83$80,891,254$8,992,348$4,048,311$67,209,375
84$89,039,337$9,330,149$4,081,105$73,834,492
85$98,015,287$9,681,263$4,111,759$81,128,079
86$107,903,442$10,046,241$4,140,099$89,158,080
87$118,796,742$10,425,656$4,165,942$97,999,361
88$130,797,605$10,820,108$4,189,095$107,734,414
89$144,018,888$11,230,221$4,209,358$118,454,140
90$158,584,961$11,656,648$4,226,517$130,258,700
91$174,632,871$12,100,068$4,240,350$143,258,461
92$192,313,644$12,561,191$4,250,622$157,575,039
93$211,793,704$13,040,759$4,257,086$173,342,444
94$233,256,449$13,539,543$4,259,486$190,708,345
95$256,903,978$14,058,351$4,257,549$209,835,461
96$282,958,998$14,598,025$4,250,992$230,903,097
97$311,666,931$15,159,443$4,239,515$254,108,834
98$343,298,226$15,743,523$4,222,807$279,670,396
99$378,150,912$16,351,224$4,200,538$307,827,701
100$416,553,416$16,983,544$4,172,367$338,845,123