Can I retire at age 45 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$185,803$184,148$182,533$180,957$179,418$176,883
2 years$91,982$90,269$88,608$86,999$85,437$82,888
3 years$60,712$58,991$57,335$55,741$54,205$51,721
4 years$45,080$43,365$41,726$40,158$38,659$36,260
5 years$35,704$33,999$32,381$30,845$29,388$27,080
6 years$29,455$27,762$26,168$24,667$23,254$21,039
7 years$24,993$23,315$21,746$20,280$18,912$16,792
8 years$21,648$19,985$18,442$17,013$15,689$13,664
9 years$19,048$17,401$15,884$14,491$13,212$11,281
10 years$16,969$15,338$13,848$12,491$11,258$9,418
11 years$15,269$13,654$12,192$10,871$9,682$7,933
12 years$13,853$12,255$10,820$9,536$8,390$6,729
13 years$12,657$11,075$9,667$8,418$7,316$5,741
14 years$11,632$10,067$8,686$7,473$6,414$4,922
15 years$10,744$9,197$7,842$6,665$5,647$4,237
16 years$9,968$8,438$7,110$5,967$4,991$3,659
17 years$9,285$7,771$6,470$5,362$4,425$3,169
18 years$8,677$7,181$5,906$4,832$3,935$2,751
19 years$8,135$6,655$5,407$4,366$3,507$2,393
20 years$7,647$6,184$4,962$3,954$3,133$2,085
21 years$7,206$5,760$4,564$3,589$2,803$1,820
22 years$6,806$5,377$4,207$3,263$2,513$1,590
23 years$6,441$5,029$3,884$2,972$2,256$1,391
24 years$6,108$4,712$3,592$2,710$2,027$1,219
25 years$5,801$4,422$3,327$2,475$1,824$1,068
26 years$5,518$4,156$3,086$2,263$1,643$937
27 years$5,257$3,911$2,865$2,072$1,482$822
28 years$5,015$3,685$2,664$1,898$1,337$722
29 years$4,790$3,477$2,479$1,741$1,207$635
30 years$4,580$3,283$2,309$1,597$1,091$558
31 years$4,384$3,104$2,152$1,467$986$491
32 years$4,201$2,937$2,008$1,348$892$432
33 years$4,029$2,781$1,875$1,240$807$380
34 years$3,868$2,636$1,752$1,141$731$334
35 years$3,716$2,500$1,638$1,050$662$294
36 years$3,574$2,373$1,532$967$600$259
37 years$3,439$2,254$1,434$891$544$228
38 years$3,311$2,142$1,343$821$493$201
39 years$3,190$2,037$1,258$757$447$177
40 years$3,076$1,938$1,179$699$405$156
41 years$2,968$1,845$1,106$644$368$137
42 years$2,865$1,757$1,037$595$334$121
43 years$2,767$1,674$973$549$303$107
44 years$2,673$1,596$914$507$275$94
45 years$2,584$1,522$858$468$250$83
46 years$2,500$1,451$806$432$227$73
47 years$2,419$1,385$757$400$206$64
48 years$2,341$1,322$711$369$187$57
49 years$2,268$1,263$669$341$170$50
50 years$2,197$1,206$629$315$154$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,250,000, adding $5,971 every year, while hoping to spend $25,760 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: 57/21/22 Blend
44$2,250,000$2,250,000$2,250,000$2,250,000
45$2,485,659$2,366,409$2,331,534$2,612,292
46$2,711,788$2,454,955$2,382,232$2,787,910
47$2,960,118$2,546,976$2,433,765$2,975,950
48$3,232,888$2,642,615$2,486,134$3,180,331
49$3,532,562$2,742,022$2,539,338$3,402,633
50$3,861,855$2,845,353$2,593,378$3,644,596
51$4,223,758$2,952,769$2,648,250$3,908,135
52$4,621,567$3,064,441$2,703,952$4,195,357
53$5,058,913$3,180,544$2,760,480$4,508,579
54$5,539,795$3,301,264$2,817,830$4,850,355
55$6,068,621$3,426,793$2,875,994$5,223,493
56$6,650,246$3,557,331$2,934,965$5,631,086
57$7,290,019$3,693,088$2,994,734$6,076,538
58$7,993,834$3,834,283$3,055,292$6,563,597
59$8,768,186$3,981,144$3,116,625$7,096,391
60$9,620,230$4,133,909$3,178,721$7,679,463
61$10,557,850$4,292,827$3,241,564$8,317,818
62$11,589,732$4,458,157$3,305,138$9,016,963
63$12,725,448$4,630,170$3,369,423$9,782,969
64$13,975,545$4,809,149$3,434,400$10,622,516
65$15,351,642$4,995,389$3,500,044$11,542,965
66$16,866,545$5,189,198$3,566,331$12,552,420
67$18,534,362$5,390,899$3,633,233$13,659,808
68$20,370,641$5,600,827$3,700,720$14,874,964
69$22,392,512$5,819,334$3,768,760$16,208,716
70$24,618,853$6,046,785$3,837,317$17,672,997
71$27,070,462$6,283,564$3,906,354$19,280,945
72$29,770,261$6,530,071$3,975,829$21,047,038
73$32,743,506$6,786,722$4,045,697$22,987,223
74$36,018,027$7,053,955$4,115,912$25,119,065
75$39,624,492$7,332,225$4,186,421$27,461,918
76$43,596,694$7,622,008$4,257,170$30,037,100
77$47,971,871$7,923,801$4,328,099$32,868,099
78$52,791,059$8,238,123$4,399,147$35,980,791
79$58,099,474$8,565,519$4,470,246$39,403,683
80$63,946,945$8,906,554$4,541,324$43,168,183
81$70,388,380$9,261,822$4,612,305$47,308,895
82$77,484,285$9,631,941$4,683,107$51,863,942
83$85,301,335$10,017,559$4,753,644$56,875,330
84$93,913,004$10,419,353$4,823,825$62,389,338
85$103,400,259$10,838,029$4,893,551$68,456,958
86$113,852,319$11,274,326$4,962,718$75,134,373
87$125,367,504$11,729,017$5,031,218$82,483,487
88$138,054,159$12,202,908$5,098,933$90,572,505
89$152,031,676$12,696,844$5,165,741$99,476,583
90$167,431,624$13,211,706$5,231,510$109,278,528
91$184,398,988$13,748,418$5,296,104$120,069,582
92$203,093,536$14,307,942$5,359,375$131,950,284
93$223,691,333$14,891,287$5,421,170$145,031,412
94$246,386,396$15,499,508$5,481,327$159,435,033
95$271,392,530$16,133,705$5,539,672$175,295,649
96$298,945,343$16,795,032$5,596,027$192,761,469
97$329,304,473$17,484,693$5,650,198$211,995,804
98$362,756,035$18,203,949$5,701,986$233,178,606
99$399,615,325$18,954,117$5,751,177$256,508,168
100$440,229,795$19,736,576$5,797,549$282,202,992