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%13.4%
1 years$212,228$210,338$208,493$206,693$204,935$202,040
2 years$105,063$103,107$101,210$99,372$97,588$94,677
3 years$69,347$67,381$65,490$63,668$61,914$59,077
4 years$51,492$49,532$47,660$45,870$44,158$41,417
5 years$40,781$38,834$36,986$35,232$33,568$30,931
6 years$33,644$31,711$29,890$28,175$26,561$24,032
7 years$28,547$26,631$24,839$23,165$21,601$19,180
8 years$24,727$22,828$21,065$19,432$17,920$15,607
9 years$21,757$19,875$18,144$16,552$15,092$12,885
10 years$19,382$17,519$15,818$14,268$12,859$10,758
11 years$17,440$15,596$13,926$12,417$11,059$9,061
12 years$15,824$13,998$12,359$10,892$9,583$7,686
13 years$14,457$12,650$11,042$9,616$8,357$6,558
14 years$13,286$11,499$9,921$8,536$7,326$5,622
15 years$12,272$10,505$8,957$7,612$6,450$4,839
16 years$11,386$9,638$8,121$6,816$5,701$4,179
17 years$10,605$8,876$7,390$6,124$5,055$3,619
18 years$9,912$8,202$6,746$5,519$4,494$3,142
19 years$9,292$7,601$6,176$4,987$4,006$2,733
20 years$8,735$7,064$5,668$4,517$3,578$2,382
21 years$8,231$6,579$5,213$4,099$3,202$2,079
22 years$7,774$6,142$4,805$3,727$2,870$1,817
23 years$7,358$5,744$4,436$3,394$2,576$1,589
24 years$6,976$5,382$4,103$3,096$2,316$1,392
25 years$6,626$5,051$3,800$2,827$2,084$1,220
26 years$6,303$4,747$3,524$2,585$1,877$1,070
27 years$6,005$4,467$3,273$2,366$1,692$939
28 years$5,728$4,209$3,042$2,168$1,527$825
29 years$5,471$3,971$2,831$1,988$1,379$725
30 years$5,231$3,750$2,637$1,825$1,246$637
31 years$5,008$3,545$2,459$1,676$1,126$560
32 years$4,799$3,355$2,294$1,540$1,019$493
33 years$4,602$3,177$2,142$1,416$922$434
34 years$4,418$3,011$2,001$1,303$835$382
35 years$4,245$2,856$1,871$1,199$756$336
36 years$4,082$2,711$1,750$1,105$685$296
37 years$3,928$2,574$1,638$1,018$621$261
38 years$3,782$2,447$1,534$938$563$230
39 years$3,644$2,327$1,437$865$510$202
40 years$3,514$2,213$1,347$798$463$178
41 years$3,390$2,107$1,263$736$420$157
42 years$3,272$2,007$1,185$679$381$138
43 years$3,160$1,912$1,112$627$346$122
44 years$3,054$1,822$1,044$579$314$107
45 years$2,952$1,738$980$535$285$95
46 years$2,855$1,658$920$494$259$83
47 years$2,763$1,582$865$456$235$74
48 years$2,674$1,510$813$422$213$65
49 years$2,590$1,442$764$390$194$57
50 years$2,509$1,378$718$360$176$50

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 $6,035 every year, while hoping to spend $36,609 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: 63/16/21 Blend
44$2,570,000$2,570,000$2,570,000$2,570,000
45$2,838,365$2,702,155$2,662,320$3,001,417
46$3,088,927$2,795,609$2,712,556$3,205,535
47$3,363,818$2,892,415$2,763,248$3,423,729
48$3,665,484$2,992,699$2,814,373$3,661,190
49$3,996,613$3,096,592$2,865,904$3,919,805
50$4,360,171$3,204,228$2,917,816$4,201,648
51$4,759,423$3,315,750$2,970,077$4,509,003
52$5,197,966$3,431,304$3,022,656$4,844,385
53$5,679,763$3,551,041$3,075,519$5,210,564
54$6,209,178$3,675,122$3,128,628$5,610,589
55$6,791,021$3,803,709$3,181,944$6,047,817
56$7,430,590$3,936,976$3,235,424$6,525,947
57$8,133,722$4,075,100$3,289,023$7,049,051
58$8,906,847$4,218,265$3,342,691$7,621,615
59$9,757,051$4,366,666$3,396,377$8,248,577
60$10,692,140$4,520,502$3,450,025$8,935,381
61$11,720,713$4,679,982$3,503,576$9,688,018
62$12,852,248$4,845,322$3,556,967$10,513,090
63$14,097,183$5,016,749$3,610,132$11,417,869
64$15,467,023$5,194,497$3,662,998$12,410,366
65$16,974,443$5,378,811$3,715,492$13,499,405
66$18,633,407$5,569,944$3,767,532$14,694,707
67$20,459,304$5,768,161$3,819,034$16,006,981
68$22,469,090$5,973,737$3,869,908$17,448,026
69$24,681,446$6,186,959$3,920,059$19,030,840
70$27,116,958$6,408,125$3,969,386$20,769,743
71$29,798,310$6,637,545$4,017,782$22,680,513
72$32,750,495$6,875,543$4,065,136$24,780,531
73$36,001,056$7,122,454$4,111,328$27,088,949
74$39,580,338$7,378,629$4,156,232$29,626,868
75$43,521,784$7,644,433$4,199,717$32,417,538
76$47,862,241$7,920,245$4,241,643$35,486,574
77$52,642,313$8,206,461$4,281,861$38,862,201
78$57,906,744$8,503,493$4,320,219$42,575,517
79$63,704,836$8,811,768$4,356,550$46,660,789
80$70,090,920$9,131,735$4,390,685$51,155,773
81$77,124,862$9,463,858$4,422,441$56,102,072
82$84,872,633$9,808,623$4,451,628$61,545,526
83$93,406,929$10,166,533$4,478,045$67,536,649
84$102,807,858$10,538,115$4,501,482$74,131,097
85$113,163,695$10,923,918$4,521,717$81,390,200
86$124,571,714$11,324,512$4,538,517$89,381,539
87$137,139,108$11,740,493$4,551,637$98,179,580
88$150,984,001$12,172,481$4,560,821$107,866,380
89$166,236,560$12,621,123$4,565,798$118,532,358
90$183,040,223$13,087,092$4,566,287$130,277,152
91$201,553,057$13,571,091$4,561,989$143,210,554
92$221,949,247$14,073,852$4,552,593$157,453,549
93$244,420,737$14,596,139$4,537,773$173,139,454
94$269,179,049$15,138,746$4,517,184$190,415,180
95$296,457,272$15,702,504$4,490,470$209,442,612
96$326,512,265$16,288,278$4,457,252$230,400,142
97$359,627,082$16,896,970$4,417,136$253,484,349
98$396,113,644$17,529,521$4,369,709$278,911,856
99$436,315,679$18,186,911$4,314,538$306,921,371
100$480,611,973$18,870,165$4,251,170$337,775,943