Can I retire at age 45 with 2,560,000?

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 $2,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$211,402$209,519$207,682$205,889$204,138$200,839
2 years$104,655$102,706$100,817$98,985$97,209$93,894
3 years$69,077$67,119$65,235$63,421$61,673$58,446
4 years$51,291$49,340$47,474$45,691$43,986$40,871
5 years$40,623$38,683$36,842$35,095$33,437$30,444
6 years$33,513$31,588$29,774$28,066$26,458$23,589
7 years$28,436$26,527$24,742$23,074$21,517$18,774
8 years$24,630$22,739$20,983$19,357$17,851$15,233
9 years$21,672$19,798$18,073$16,488$15,033$12,539
10 years$19,307$17,451$15,756$14,212$12,809$10,437
11 years$17,373$15,536$13,872$12,369$11,016$8,763
12 years$15,762$13,944$12,311$10,849$9,546$7,410
13 years$14,400$12,601$10,999$9,578$8,324$6,302
14 years$13,234$11,454$9,883$8,503$7,297$5,384
15 years$12,224$10,464$8,923$7,583$6,425$4,618
16 years$11,342$9,600$8,090$6,790$5,678$3,975
17 years$10,564$8,841$7,361$6,100$5,035$3,430
18 years$9,873$8,170$6,720$5,498$4,477$2,967
19 years$9,256$7,572$6,152$4,968$3,990$2,571
20 years$8,701$7,036$5,646$4,499$3,564$2,233
21 years$8,199$6,554$5,193$4,083$3,190$1,941
22 years$7,744$6,118$4,786$3,713$2,859$1,690
23 years$7,329$5,722$4,419$3,381$2,566$1,473
24 years$6,949$5,361$4,087$3,084$2,307$1,285
25 years$6,600$5,031$3,785$2,816$2,076$1,122
26 years$6,278$4,728$3,511$2,575$1,870$980
27 years$5,981$4,450$3,260$2,357$1,686$857
28 years$5,706$4,193$3,031$2,160$1,521$749
29 years$5,450$3,956$2,820$1,980$1,373$656
30 years$5,211$3,736$2,627$1,817$1,241$574
31 years$4,988$3,532$2,449$1,669$1,122$503
32 years$4,780$3,342$2,285$1,534$1,015$440
33 years$4,585$3,164$2,134$1,411$918$386
34 years$4,401$2,999$1,993$1,298$832$338
35 years$4,229$2,845$1,864$1,195$753$297
36 years$4,066$2,700$1,743$1,100$682$260
37 years$3,912$2,564$1,632$1,014$619$228
38 years$3,767$2,437$1,528$935$561$200
39 years$3,630$2,317$1,432$862$509$175
40 years$3,500$2,205$1,342$795$461$154
41 years$3,376$2,099$1,258$733$418$135
42 years$3,259$1,999$1,180$677$380$118
43 years$3,148$1,905$1,108$625$345$104
44 years$3,042$1,815$1,040$577$313$91
45 years$2,941$1,731$976$533$284$80
46 years$2,844$1,651$917$492$258$70
47 years$2,752$1,576$861$455$234$62
48 years$2,664$1,504$809$420$213$54
49 years$2,580$1,437$761$388$193$48
50 years$2,499$1,372$715$359$175$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,560,000, adding $6,295 every year, while hoping to spend $37,074 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: 32/47/21 Blend
44$2,560,000$2,560,000$2,560,000$2,560,000
45$2,827,613$2,691,933$2,652,253$2,899,558
46$3,076,583$2,784,392$2,701,657$3,046,543
47$3,349,706$2,880,138$2,751,474$3,200,952
48$3,649,405$2,979,294$2,801,677$3,366,501
49$3,978,352$3,081,986$2,852,241$3,544,188
50$4,339,487$3,188,347$2,903,134$3,735,110
51$4,736,052$3,298,513$2,954,326$3,940,468
52$5,171,615$3,412,626$3,005,782$4,161,584
53$5,650,108$3,530,834$3,057,465$4,399,911
54$6,175,865$3,653,290$3,109,335$4,657,043
55$6,753,656$3,780,154$3,161,351$4,934,732
56$7,388,739$3,911,592$3,213,466$5,234,904
57$8,086,906$4,047,775$3,265,633$5,559,677
58$8,854,538$4,188,884$3,317,800$5,911,377
59$9,698,667$4,335,105$3,369,911$6,292,565
60$10,627,036$4,486,631$3,421,909$6,706,054
61$11,648,181$4,643,663$3,473,730$7,154,940
62$12,771,505$4,806,411$3,525,309$7,642,627
63$14,007,366$4,975,094$3,576,575$8,172,861
64$15,367,180$5,149,936$3,627,453$8,749,762
65$16,863,524$5,331,174$3,677,864$9,377,866
66$18,510,254$5,519,053$3,727,723$10,062,160
67$20,322,641$5,713,827$3,776,943$10,808,137
68$22,317,508$5,915,762$3,825,428$11,621,840
69$24,513,393$6,125,134$3,873,079$12,509,919
70$26,930,723$6,342,229$3,919,791$13,479,698
71$29,592,004$6,567,346$3,965,451$14,539,235
72$32,522,038$6,800,795$4,009,944$15,697,406
73$35,748,153$7,042,901$4,053,144$16,963,979
74$39,300,460$7,293,999$4,094,920$18,349,710
75$43,212,142$7,554,440$4,135,135$19,866,444
76$47,519,761$7,824,588$4,173,642$21,527,223
77$52,263,607$8,104,822$4,210,289$23,346,408
78$57,488,074$8,395,539$4,244,914$25,339,815
79$63,242,086$8,697,148$4,277,346$27,524,861
80$69,579,548$9,010,078$4,307,407$29,920,729
81$76,559,866$9,334,775$4,334,908$32,548,546
82$84,248,496$9,671,703$4,359,652$35,431,581
83$92,717,572$10,021,346$4,381,429$38,595,464
84$102,046,579$10,384,206$4,400,022$42,068,427
85$112,323,106$10,760,809$4,415,199$45,881,566
86$123,643,675$11,151,700$4,426,720$50,069,134
87$136,114,645$11,557,449$4,434,330$54,668,864
88$149,853,223$11,978,648$4,437,764$59,722,323
89$164,988,564$12,415,914$4,436,742$65,275,300
90$181,662,995$12,869,892$4,430,971$71,378,239
91$200,033,355$13,341,250$4,420,142$78,086,711
92$220,272,474$13,830,689$4,403,934$85,461,939
93$242,570,808$14,338,934$4,382,008$93,571,370
94$267,138,235$14,866,746$4,354,009$102,489,312
95$294,206,033$15,414,915$4,319,566$112,297,634
96$324,029,067$15,984,264$4,278,291$123,086,533
97$356,888,192$16,575,654$4,229,773$134,955,385
98$393,092,905$17,189,978$4,173,588$148,013,680
99$432,984,265$17,828,171$4,109,287$162,382,052
100$476,938,114$18,491,205$4,036,403$178,193,418