Can I retire at age 45 with 2,290,000?

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$189,106$187,422$185,778$184,174$182,608$176,199
2 years$93,617$91,873$90,184$88,545$86,956$80,566
3 years$61,791$60,040$58,355$56,732$55,169$48,999
4 years$45,882$44,136$42,467$40,872$39,347$33,444
5 years$36,338$34,603$32,956$31,394$29,911$24,291
6 years$29,978$28,256$26,634$25,106$23,667$18,335
7 years$25,437$23,729$22,133$20,641$19,248$14,201
8 years$22,033$20,340$18,770$17,315$15,968$11,203
9 years$19,386$17,710$16,167$14,749$13,447$8,959
10 years$17,270$15,611$14,095$12,713$11,458$7,237
11 years$15,540$13,897$12,409$11,065$9,854$5,893
12 years$14,100$12,473$11,012$9,705$8,539$4,829
13 years$12,882$11,272$9,839$8,568$7,446$3,976
14 years$11,838$10,246$8,840$7,606$6,528$3,287
15 years$10,935$9,360$7,982$6,783$5,747$2,727
16 years$10,146$8,588$7,236$6,073$5,080$2,267
17 years$9,450$7,909$6,585$5,457$4,504$1,890
18 years$8,832$7,308$6,011$4,918$4,005$1,578
19 years$8,279$6,773$5,503$4,444$3,569$1,319
20 years$7,783$6,294$5,050$4,025$3,188$1,104
21 years$7,334$5,863$4,645$3,653$2,853$926
22 years$6,927$5,472$4,281$3,321$2,557$776
23 years$6,556$5,118$3,953$3,025$2,296$652
24 years$6,216$4,796$3,656$2,759$2,063$547
25 years$5,904$4,500$3,386$2,519$1,857$460
26 years$5,616$4,230$3,140$2,303$1,673$387
27 years$5,350$3,981$2,916$2,108$1,508$325
28 years$5,104$3,751$2,711$1,932$1,361$273
29 years$4,875$3,539$2,523$1,771$1,229$230
30 years$4,661$3,342$2,350$1,626$1,110$194
31 years$4,462$3,159$2,191$1,493$1,004$163
32 years$4,276$2,989$2,044$1,372$908$137
33 years$4,101$2,831$1,908$1,262$822$115
34 years$3,937$2,683$1,783$1,161$744$97
35 years$3,783$2,545$1,667$1,069$674$82
36 years$3,637$2,415$1,560$984$610$69
37 years$3,500$2,294$1,460$907$553$58
38 years$3,370$2,180$1,367$836$502$49
39 years$3,247$2,073$1,281$771$455$41
40 years$3,131$1,972$1,200$711$413$35
41 years$3,020$1,877$1,126$656$374$29
42 years$2,916$1,788$1,056$605$340$25
43 years$2,816$1,704$991$559$308$21
44 years$2,721$1,624$930$516$280$17
45 years$2,630$1,549$873$477$254$15
46 years$2,544$1,477$820$440$231$12
47 years$2,462$1,410$771$407$209$10
48 years$2,383$1,346$724$376$190$9
49 years$2,308$1,285$681$347$173$7
50 years$2,236$1,228$640$321$157$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,290,000, adding $6,021 every year, while hoping to spend $58,994 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: 60/21/19 Blend
44$2,290,000$2,290,000$2,290,000$2,290,000
45$2,529,791$2,408,421$2,372,926$2,668,725
46$2,725,060$2,463,664$2,389,650$2,818,661
47$2,938,270$2,519,637$2,404,956$2,975,125
48$3,171,188$2,576,314$2,418,737$3,144,480
49$3,425,759$2,633,663$2,430,875$3,327,984
50$3,704,127$2,691,653$2,441,249$3,527,021
51$4,008,650$2,750,246$2,449,733$3,743,119
52$4,341,925$2,809,401$2,456,192$3,977,960
53$4,706,813$2,869,073$2,460,486$4,233,398
54$5,106,462$2,929,213$2,462,467$4,511,475
55$5,544,342$2,989,765$2,461,980$4,814,442
56$6,024,272$3,050,670$2,458,864$5,144,780
57$6,550,459$3,111,864$2,452,946$5,505,222
58$7,127,535$3,173,275$2,444,050$5,898,783
59$7,760,605$3,234,826$2,431,986$6,328,782
60$8,455,288$3,296,435$2,416,560$6,798,880
61$9,217,777$3,358,009$2,397,564$7,313,109
62$10,054,891$3,419,453$2,374,783$7,875,917
63$10,974,144$3,480,660$2,347,992$8,492,201
64$11,983,810$3,541,515$2,316,953$9,167,365
65$13,093,007$3,601,898$2,281,420$9,907,359
66$14,311,777$3,661,675$2,241,131$10,718,744
67$15,651,186$3,720,704$2,195,816$11,608,753
68$17,123,422$3,778,833$2,145,191$12,585,355
69$18,741,914$3,835,899$2,088,958$13,657,335
70$20,521,457$3,891,727$2,026,806$14,834,377
71$22,478,352$3,946,127$1,958,410$16,127,153
72$24,630,556$3,998,900$1,883,429$17,547,426
73$26,997,857$4,049,830$1,801,508$19,108,163
74$29,602,054$4,098,688$1,712,275$20,823,655
75$32,467,168$4,145,228$1,615,340$22,709,653
76$35,619,663$4,189,188$1,510,298$24,783,518
77$39,088,699$4,230,288$1,396,724$27,064,387
78$42,906,406$4,268,232$1,274,173$29,573,351
79$47,108,184$4,302,700$1,142,183$32,333,657
80$51,733,042$4,333,355$1,000,268$35,370,927
81$56,823,959$4,359,836$847,924$38,713,402
82$62,428,295$4,381,761$684,623$42,392,208
83$68,598,236$4,398,721$509,811$46,441,652
84$75,391,280$4,410,284$322,915$50,899,546
85$82,870,791$4,415,987$123,332$55,807,564
86$91,106,584$4,415,343$0$61,211,638
87$100,175,591$4,407,830$0$67,180,571
88$110,162,585$4,392,898$0$73,779,847
89$121,160,979$4,369,960$0$81,046,070
90$133,273,706$4,338,395$0$89,047,162
91$146,614,192$4,297,544$0$97,857,975
92$161,307,424$4,246,709$0$107,560,996
93$177,491,131$4,185,147$0$118,247,126
94$195,317,083$4,112,076$0$130,016,541
95$214,952,520$4,026,662$0$142,979,638
96$236,581,734$3,928,026$0$157,258,075
97$260,407,806$3,815,234$0$172,985,922
98$286,654,521$3,687,299$0$190,310,928
99$315,568,482$3,543,177$0$209,395,915
100$347,421,437$3,381,762$0$230,420,318