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%15.9%
1 years$211,402$209,519$207,682$205,889$204,138$199,203
2 years$104,655$102,706$100,817$98,985$97,209$92,266
3 years$69,077$67,119$65,235$63,421$61,673$56,878
4 years$51,291$49,340$47,474$45,691$43,986$39,375
5 years$40,623$38,683$36,842$35,095$33,437$29,023
6 years$33,513$31,588$29,774$28,066$26,458$22,245
7 years$28,436$26,527$24,742$23,074$21,517$17,507
8 years$24,630$22,739$20,983$19,357$17,851$14,040
9 years$21,672$19,798$18,073$16,488$15,033$11,420
10 years$19,307$17,451$15,756$14,212$12,809$9,389
11 years$17,373$15,536$13,872$12,369$11,016$7,784
12 years$15,762$13,944$12,311$10,849$9,546$6,497
13 years$14,400$12,601$10,999$9,578$8,324$5,452
14 years$13,234$11,454$9,883$8,503$7,297$4,596
15 years$12,224$10,464$8,923$7,583$6,425$3,888
16 years$11,342$9,600$8,090$6,790$5,678$3,299
17 years$10,564$8,841$7,361$6,100$5,035$2,806
18 years$9,873$8,170$6,720$5,498$4,477$2,392
19 years$9,256$7,572$6,152$4,968$3,990$2,043
20 years$8,701$7,036$5,646$4,499$3,564$1,747
21 years$8,199$6,554$5,193$4,083$3,190$1,496
22 years$7,744$6,118$4,786$3,713$2,859$1,283
23 years$7,329$5,722$4,419$3,381$2,566$1,101
24 years$6,949$5,361$4,087$3,084$2,307$945
25 years$6,600$5,031$3,785$2,816$2,076$812
26 years$6,278$4,728$3,511$2,575$1,870$698
27 years$5,981$4,450$3,260$2,357$1,686$601
28 years$5,706$4,193$3,031$2,160$1,521$517
29 years$5,450$3,956$2,820$1,980$1,373$445
30 years$5,211$3,736$2,627$1,817$1,241$383
31 years$4,988$3,532$2,449$1,669$1,122$330
32 years$4,780$3,342$2,285$1,534$1,015$284
33 years$4,585$3,164$2,134$1,411$918$245
34 years$4,401$2,999$1,993$1,298$832$211
35 years$4,229$2,845$1,864$1,195$753$182
36 years$4,066$2,700$1,743$1,100$682$157
37 years$3,912$2,564$1,632$1,014$619$135
38 years$3,767$2,437$1,528$935$561$117
39 years$3,630$2,317$1,432$862$509$101
40 years$3,500$2,205$1,342$795$461$87
41 years$3,376$2,099$1,258$733$418$75
42 years$3,259$1,999$1,180$677$380$65
43 years$3,148$1,905$1,108$625$345$56
44 years$3,042$1,815$1,040$577$313$48
45 years$2,941$1,731$976$533$284$41
46 years$2,844$1,651$917$492$258$36
47 years$2,752$1,576$861$455$234$31
48 years$2,664$1,504$809$420$213$27
49 years$2,580$1,437$761$388$193$23
50 years$2,499$1,372$715$359$175$20

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 $5,870 every year, while hoping to spend $45,149 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: 78/7/15 Blend
44$2,560,000$2,560,000$2,560,000$2,560,000
45$2,827,175$2,691,495$2,651,815$3,038,328
46$3,067,509$2,775,340$2,692,613$3,262,151
47$3,330,843$2,861,780$2,733,264$3,501,285
48$3,619,477$2,950,895$2,773,716$3,762,336
49$3,935,941$3,042,767$2,813,913$4,047,475
50$4,283,024$3,137,479$2,853,796$4,359,098
51$4,663,796$3,235,120$2,893,302$4,699,839
52$5,081,640$3,335,777$2,932,364$5,072,604
53$5,540,282$3,439,545$2,970,913$5,480,590
54$6,043,825$3,546,516$3,008,873$5,927,320
55$6,596,790$3,656,790$3,046,164$6,416,676
56$7,204,157$3,770,468$3,082,705$6,952,932
57$7,871,411$3,887,651$3,118,407$7,540,799
58$8,604,598$4,008,449$3,153,176$8,185,464
59$9,410,374$4,132,970$3,186,914$8,892,644
60$10,296,074$4,261,328$3,219,518$9,668,636
61$11,269,780$4,393,639$3,250,879$10,520,377
62$12,340,395$4,530,024$3,280,880$11,455,513
63$13,517,726$4,670,607$3,309,401$12,482,463
64$14,812,582$4,815,514$3,336,313$13,610,507
65$16,236,869$4,964,878$3,361,483$14,849,870
66$17,803,705$5,118,832$3,384,768$16,211,814
67$19,527,544$5,277,516$3,406,019$17,708,752
68$21,424,313$5,441,074$3,425,080$19,354,359
69$23,511,559$5,609,652$3,441,786$21,163,703
70$25,808,615$5,783,402$3,455,963$23,153,389
71$28,336,786$5,962,481$3,467,430$25,341,712
72$31,119,544$6,147,049$3,475,995$27,748,829
73$34,182,755$6,337,272$3,481,458$30,396,956
74$37,554,917$6,533,319$3,483,608$33,310,568
75$41,267,434$6,735,367$3,482,224$36,516,638
76$45,354,907$6,943,595$3,477,074$40,044,886
77$49,855,467$7,158,190$3,467,915$43,928,063
78$54,811,125$7,379,342$3,454,491$48,202,255
79$60,268,178$7,607,249$3,436,535$52,907,230
80$66,277,640$7,842,111$3,413,766$58,086,810
81$72,895,723$8,084,139$3,385,892$63,789,283
82$80,184,370$8,333,545$3,352,602$70,067,860
83$88,211,838$8,590,551$3,313,576$76,981,179
84$97,053,340$8,855,382$3,268,476$84,593,855
85$106,791,759$9,128,274$3,216,947$92,977,093
86$117,518,423$9,409,464$3,158,620$102,209,357
87$129,333,976$9,699,201$3,093,108$112,377,113
88$142,349,318$9,997,739$3,020,003$123,575,644
89$156,686,658$10,305,337$2,938,883$135,909,949
90$172,480,664$10,622,267$2,849,303$149,495,736
91$189,879,737$10,948,802$2,750,799$164,460,511
92$209,047,405$11,285,228$2,642,886$180,944,784
93$230,163,873$11,631,837$2,525,055$199,103,395
94$253,427,720$11,988,930$2,396,777$219,106,974
95$279,057,775$12,356,814$2,257,496$241,143,556
96$307,295,178$12,735,809$2,106,633$265,420,349
97$338,405,662$13,126,239$1,943,581$292,165,697
98$372,682,057$13,528,442$1,767,708$321,631,231
99$410,447,053$13,942,761$1,578,352$354,094,248
100$452,056,248$14,369,552$1,374,822$389,860,324