Can I retire at age 45 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$182,500$180,874$179,288$177,740$176,229$170,383
2 years$90,346$88,664$87,033$85,452$83,918$78,086
3 years$59,633$57,943$56,316$54,750$53,241$47,605
4 years$44,279$42,594$40,984$39,444$37,972$32,575
5 years$35,069$33,394$31,805$30,297$28,866$23,722
6 years$28,931$27,269$25,703$24,229$22,841$17,955
7 years$24,548$22,900$21,359$19,920$18,575$13,947
8 years$21,263$19,630$18,115$16,710$15,410$11,035
9 years$18,709$17,091$15,602$14,233$12,978$8,851
10 years$16,667$15,065$13,602$12,269$11,058$7,173
11 years$14,997$13,412$11,975$10,678$9,510$5,860
12 years$13,607$12,038$10,628$9,366$8,241$4,817
13 years$12,432$10,878$9,495$8,269$7,186$3,980
14 years$11,425$9,888$8,531$7,340$6,300$3,302
15 years$10,553$9,033$7,703$6,546$5,547$2,749
16 years$9,791$8,288$6,984$5,861$4,902$2,294
17 years$9,119$7,633$6,355$5,266$4,347$1,919
18 years$8,523$7,053$5,801$4,746$3,865$1,608
19 years$7,990$6,537$5,311$4,288$3,445$1,350
20 years$7,511$6,074$4,874$3,884$3,077$1,134
21 years$7,078$5,658$4,483$3,525$2,753$954
22 years$6,685$5,281$4,132$3,205$2,468$804
23 years$6,327$4,940$3,815$2,919$2,216$677
24 years$5,999$4,628$3,528$2,662$1,991$571
25 years$5,698$4,343$3,268$2,431$1,792$482
26 years$5,420$4,082$3,031$2,223$1,614$407
27 years$5,163$3,842$2,814$2,035$1,455$343
28 years$4,926$3,620$2,616$1,864$1,313$290
29 years$4,705$3,415$2,435$1,710$1,186$245
30 years$4,499$3,225$2,268$1,569$1,071$207
31 years$4,306$3,049$2,114$1,441$969$175
32 years$4,126$2,885$1,973$1,324$876$148
33 years$3,958$2,732$1,842$1,218$793$125
34 years$3,799$2,589$1,721$1,120$718$106
35 years$3,650$2,456$1,609$1,031$650$89
36 years$3,510$2,331$1,505$950$589$76
37 years$3,377$2,214$1,409$875$534$64
38 years$3,252$2,104$1,319$807$484$54
39 years$3,134$2,001$1,236$744$439$46
40 years$3,021$1,903$1,158$686$398$39
41 years$2,915$1,812$1,086$633$361$33
42 years$2,814$1,726$1,019$584$328$28
43 years$2,717$1,644$956$539$297$23
44 years$2,626$1,567$898$498$270$20
45 years$2,539$1,494$843$460$245$17
46 years$2,455$1,426$792$425$223$14
47 years$2,376$1,361$744$392$202$12
48 years$2,300$1,299$699$363$184$10
49 years$2,227$1,240$657$335$167$9
50 years$2,158$1,185$618$310$151$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,210,000, adding $3,341 every year, while hoping to spend $30,407 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: 59/31/10 Blend
44$2,210,000$2,210,000$2,210,000$2,210,000
45$2,438,866$2,321,736$2,287,481$2,576,847
46$2,655,278$2,403,149$2,331,759$2,751,422
47$2,892,744$2,487,531$2,376,501$2,937,963
48$3,153,381$2,574,997$2,421,691$3,140,620
49$3,439,518$2,665,664$2,467,310$3,360,945
50$3,753,723$2,759,656$2,513,339$3,600,645
51$4,098,823$2,857,099$2,559,756$3,861,598
52$4,477,934$2,958,127$2,606,538$4,145,870
53$4,894,486$3,062,878$2,653,660$4,455,734
54$5,352,260$3,171,496$2,701,094$4,793,693
55$5,855,420$3,284,129$2,748,811$5,162,500
56$6,408,557$3,400,935$2,796,779$5,565,185
57$7,016,723$3,522,074$2,844,965$6,005,086
58$7,685,489$3,647,716$2,893,331$6,485,873
59$8,420,990$3,778,035$2,941,839$7,011,589
60$9,229,987$3,913,215$2,990,447$7,586,686
61$10,119,929$4,053,446$3,039,110$8,216,063
62$11,099,022$4,198,925$3,087,780$8,905,116
63$12,176,308$4,349,859$3,136,407$9,659,785
64$13,361,751$4,506,461$3,184,937$10,486,614
65$14,666,329$4,668,957$3,233,311$11,392,805
66$16,102,136$4,837,577$3,281,468$12,386,294
67$17,682,500$5,012,565$3,329,344$13,475,816
68$19,422,107$5,194,172$3,376,869$14,670,996
69$21,337,137$5,382,663$3,423,970$15,982,433
70$23,445,421$5,578,309$3,470,568$17,421,799
71$25,766,605$5,781,397$3,516,583$19,001,952
72$28,322,336$5,992,223$3,561,926$20,737,057
73$31,136,469$6,211,097$3,606,506$22,642,713
74$34,235,290$6,438,341$3,650,225$24,736,105
75$37,647,762$6,674,292$3,692,979$27,036,165
76$41,405,800$6,919,299$3,734,661$29,563,745
77$45,544,575$7,173,728$3,775,155$32,341,820
78$50,102,839$7,437,958$3,814,340$35,395,696
79$55,123,297$7,712,386$3,852,089$38,753,256
80$60,653,005$7,997,425$3,888,266$42,445,216
81$66,743,818$8,293,505$3,922,729$46,505,415
82$73,452,877$8,601,076$3,955,330$50,971,137
83$80,843,147$8,920,606$3,985,910$55,883,456
84$88,984,014$9,252,581$4,014,304$61,287,627
85$97,951,937$9,597,512$4,040,338$67,233,511
86$107,831,173$9,955,929$4,063,827$73,776,043
87$118,714,568$10,328,384$4,084,580$80,975,749
88$130,704,434$10,715,455$4,102,394$88,899,319
89$143,913,517$11,117,743$4,117,055$97,620,231
90$158,466,059$11,535,876$4,128,340$107,219,447
91$174,498,972$11,970,508$4,136,014$117,786,171
92$192,163,127$12,422,323$4,139,830$129,418,695
93$211,624,782$12,892,033$4,139,530$142,225,322
94$233,067,147$13,380,380$4,134,842$156,325,385
95$256,692,118$13,888,140$4,125,481$171,850,375
96$282,722,177$14,416,123$4,111,148$188,945,179
97$311,402,498$14,965,171$4,091,530$207,769,446
98$343,003,255$15,536,167$4,066,299$228,499,091
99$377,822,177$16,130,029$4,035,110$251,327,955
100$416,187,356$16,747,718$3,997,602$276,469,631