Can I retire at age 45 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$212,228$210,338$208,493$206,693$204,935$199,254
2 years$105,063$103,107$101,210$99,372$97,588$91,907
3 years$69,347$67,381$65,490$63,668$61,914$56,410
4 years$51,492$49,532$47,660$45,870$44,158$38,874
5 years$40,781$38,834$36,986$35,232$33,568$28,519
6 years$33,644$31,711$29,890$28,175$26,561$21,751
7 years$28,547$26,631$24,839$23,165$21,601$17,031
8 years$24,727$22,828$21,065$19,432$17,920$13,587
9 years$21,757$19,875$18,144$16,552$15,092$10,991
10 years$19,382$17,519$15,818$14,268$12,859$8,986
11 years$17,440$15,596$13,926$12,417$11,059$7,407
12 years$15,824$13,998$12,359$10,892$9,583$6,146
13 years$14,457$12,650$11,042$9,616$8,357$5,127
14 years$13,286$11,499$9,921$8,536$7,326$4,295
15 years$12,272$10,505$8,957$7,612$6,450$3,610
16 years$11,386$9,638$8,121$6,816$5,701$3,044
17 years$10,605$8,876$7,390$6,124$5,055$2,572
18 years$9,912$8,202$6,746$5,519$4,494$2,178
19 years$9,292$7,601$6,176$4,987$4,006$1,848
20 years$8,735$7,064$5,668$4,517$3,578$1,569
21 years$8,231$6,579$5,213$4,099$3,202$1,335
22 years$7,774$6,142$4,805$3,727$2,870$1,136
23 years$7,358$5,744$4,436$3,394$2,576$968
24 years$6,976$5,382$4,103$3,096$2,316$825
25 years$6,626$5,051$3,800$2,827$2,084$704
26 years$6,303$4,747$3,524$2,585$1,877$601
27 years$6,005$4,467$3,273$2,366$1,692$513
28 years$5,728$4,209$3,042$2,168$1,527$438
29 years$5,471$3,971$2,831$1,988$1,379$375
30 years$5,231$3,750$2,637$1,825$1,246$320
31 years$5,008$3,545$2,459$1,676$1,126$274
32 years$4,799$3,355$2,294$1,540$1,019$234
33 years$4,602$3,177$2,142$1,416$922$200
34 years$4,418$3,011$2,001$1,303$835$171
35 years$4,245$2,856$1,871$1,199$756$147
36 years$4,082$2,711$1,750$1,105$685$125
37 years$3,928$2,574$1,638$1,018$621$107
38 years$3,782$2,447$1,534$938$563$92
39 years$3,644$2,327$1,437$865$510$79
40 years$3,514$2,213$1,347$798$463$67
41 years$3,390$2,107$1,263$736$420$58
42 years$3,272$2,007$1,185$679$381$49
43 years$3,160$1,912$1,112$627$346$42
44 years$3,054$1,822$1,044$579$314$36
45 years$2,952$1,738$980$535$285$31
46 years$2,855$1,658$920$494$259$26
47 years$2,763$1,582$865$456$235$23
48 years$2,674$1,510$813$422$213$19
49 years$2,590$1,442$764$390$194$17
50 years$2,509$1,378$718$360$176$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,570,000, adding $4,307 every year, while hoping to spend $59,253 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: 56/36/8 Blend
44$2,570,000$2,570,000$2,570,000$2,570,000
45$2,836,583$2,700,373$2,660,538$2,989,910
46$3,062,869$2,769,646$2,686,621$3,163,099
47$3,310,251$2,840,328$2,711,592$3,344,674
48$3,580,818$2,912,425$2,735,351$3,540,996
49$3,876,869$2,985,942$2,757,794$3,753,477
50$4,200,938$3,060,881$2,778,808$3,983,673
51$4,555,814$3,137,245$2,798,278$4,233,296
52$4,944,568$3,215,031$2,816,082$4,504,231
53$5,370,583$3,294,236$2,832,089$4,798,553
54$5,837,584$3,374,856$2,846,166$5,118,549
55$6,349,674$3,456,880$2,858,169$5,466,735
56$6,911,372$3,540,298$2,867,949$5,845,884
57$7,527,656$3,625,096$2,875,348$6,259,049
58$8,204,006$3,711,256$2,880,202$6,709,593
59$8,946,463$3,798,756$2,882,337$7,201,222
60$9,761,679$3,887,571$2,881,572$7,738,015
61$10,656,981$3,977,673$2,877,716$8,324,468
62$11,640,442$4,069,027$2,870,568$8,965,534
63$12,720,953$4,161,596$2,859,918$9,666,669
64$13,908,312$4,255,336$2,845,547$10,433,885
65$15,213,312$4,350,199$2,827,225$11,273,804
66$16,647,841$4,446,130$2,804,708$12,193,724
67$18,224,999$4,543,069$2,777,744$13,201,684
68$19,959,219$4,640,950$2,746,069$14,306,546
69$21,866,400$4,739,697$2,709,403$15,518,069
70$23,964,061$4,839,230$2,667,456$16,847,010
71$26,271,503$4,939,460$2,619,923$18,305,223
72$28,809,991$5,040,289$2,566,486$19,905,768
73$31,602,958$5,141,610$2,506,810$21,663,037
74$34,676,219$5,243,308$2,440,548$23,592,890
75$38,058,220$5,345,257$2,367,333$25,712,804
76$41,780,304$5,447,320$2,286,784$28,042,037
77$45,877,004$5,549,349$2,198,501$30,601,814
78$50,386,374$5,651,182$2,102,066$33,415,522
79$55,350,343$5,752,648$1,997,044$36,508,935
80$60,815,109$5,853,560$1,882,976$39,910,457
81$66,831,581$5,953,715$1,759,387$43,651,388
82$73,455,854$6,052,898$1,625,778$47,766,223
83$80,749,737$6,150,876$1,481,627$52,292,976
84$88,781,339$6,247,398$1,326,391$57,273,539
85$97,625,712$6,342,197$1,159,501$62,754,079
86$107,365,554$6,434,984$980,363$68,785,475
87$118,091,993$6,525,451$788,358$75,423,796
88$129,905,446$6,613,268$582,839$82,730,834
89$142,916,566$6,698,083$363,128$90,774,685
90$157,247,285$6,779,517$128,521$99,630,397
91$173,031,963$6,857,169$0$109,380,675
92$190,418,660$6,930,607$0$120,127,062
93$209,570,530$6,999,373$0$131,971,989
94$230,667,359$7,062,978$0$145,015,239
95$253,907,264$7,120,898$0$159,378,877
96$279,508,563$7,172,580$0$175,197,420
97$307,711,831$7,217,431$0$192,619,110
98$338,782,175$7,254,822$0$211,807,310
99$373,011,731$7,284,083$0$232,942,051
100$410,722,426$7,304,501$0$256,221,732