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%15.3%
1 years$212,228$210,338$208,493$206,693$204,935$200,470
2 years$105,063$103,107$101,210$99,372$97,588$93,112
3 years$69,347$67,381$65,490$63,668$61,914$57,566
4 years$51,492$49,532$47,660$45,870$44,158$39,972
5 years$40,781$38,834$36,986$35,232$33,568$29,557
6 years$33,644$31,711$29,890$28,175$26,561$22,728
7 years$28,547$26,631$24,839$23,165$21,601$17,948
8 years$24,727$22,828$21,065$19,432$17,920$14,444
9 years$21,757$19,875$18,144$16,552$15,092$11,791
10 years$19,382$17,519$15,818$14,268$12,859$9,730
11 years$17,440$15,596$13,926$12,417$11,059$8,098
12 years$15,824$13,998$12,359$10,892$9,583$6,786
13 years$14,457$12,650$11,042$9,616$8,357$5,717
14 years$13,286$11,499$9,921$8,536$7,326$4,839
15 years$12,272$10,505$8,957$7,612$6,450$4,111
16 years$11,386$9,638$8,121$6,816$5,701$3,503
17 years$10,605$8,876$7,390$6,124$5,055$2,993
18 years$9,912$8,202$6,746$5,519$4,494$2,562
19 years$9,292$7,601$6,176$4,987$4,006$2,198
20 years$8,735$7,064$5,668$4,517$3,578$1,888
21 years$8,231$6,579$5,213$4,099$3,202$1,625
22 years$7,774$6,142$4,805$3,727$2,870$1,399
23 years$7,358$5,744$4,436$3,394$2,576$1,206
24 years$6,976$5,382$4,103$3,096$2,316$1,041
25 years$6,626$5,051$3,800$2,827$2,084$899
26 years$6,303$4,747$3,524$2,585$1,877$776
27 years$6,005$4,467$3,273$2,366$1,692$671
28 years$5,728$4,209$3,042$2,168$1,527$580
29 years$5,471$3,971$2,831$1,988$1,379$502
30 years$5,231$3,750$2,637$1,825$1,246$434
31 years$5,008$3,545$2,459$1,676$1,126$376
32 years$4,799$3,355$2,294$1,540$1,019$326
33 years$4,602$3,177$2,142$1,416$922$282
34 years$4,418$3,011$2,001$1,303$835$244
35 years$4,245$2,856$1,871$1,199$756$212
36 years$4,082$2,711$1,750$1,105$685$183
37 years$3,928$2,574$1,638$1,018$621$159
38 years$3,782$2,447$1,534$938$563$138
39 years$3,644$2,327$1,437$865$510$119
40 years$3,514$2,213$1,347$798$463$104
41 years$3,390$2,107$1,263$736$420$90
42 years$3,272$2,007$1,185$679$381$78
43 years$3,160$1,912$1,112$627$346$67
44 years$3,054$1,822$1,044$579$314$58
45 years$2,952$1,738$980$535$285$51
46 years$2,855$1,658$920$494$259$44
47 years$2,763$1,582$865$456$235$38
48 years$2,674$1,510$813$422$213$33
49 years$2,590$1,442$764$390$194$29
50 years$2,509$1,378$718$360$176$25

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 $6,370 every year, while hoping to spend $45,393 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: 54/29/17 Blend
44$2,570,000$2,570,000$2,570,000$2,570,000
45$2,838,711$2,702,501$2,662,666$2,978,712
46$3,079,961$2,786,625$2,703,567$3,159,168
47$3,344,298$2,873,351$2,744,317$3,350,126
48$3,634,028$2,962,757$2,784,864$3,556,978
49$3,951,692$3,054,924$2,825,149$3,781,251
50$4,300,087$3,149,939$2,865,115$4,024,625
51$4,682,297$3,247,886$2,904,697$4,288,951
52$5,101,716$3,348,857$2,943,828$4,576,263
53$5,562,082$3,452,943$2,982,438$4,888,803
54$6,067,516$3,560,238$3,020,451$5,229,037
55$6,622,554$3,670,841$3,057,788$5,599,682
56$7,232,195$3,784,853$3,094,364$6,003,727
57$7,901,944$3,902,376$3,130,091$6,444,466
58$8,637,869$4,023,519$3,164,875$6,925,525
59$9,446,650$4,148,390$3,198,617$7,450,895
60$10,335,649$4,277,102$3,231,212$8,024,974
61$11,312,979$4,409,773$3,262,551$8,652,605
62$12,387,573$4,546,523$3,292,517$9,339,122
63$13,569,277$4,687,474$3,320,987$10,090,398
64$14,868,937$4,832,754$3,347,834$10,912,906
65$16,298,504$4,982,494$3,372,922$11,813,772
66$17,871,144$5,136,829$3,396,108$12,800,848
67$19,601,364$5,295,897$3,417,241$13,882,783
68$21,505,149$5,459,842$3,436,164$15,069,105
69$23,600,110$5,628,810$3,452,711$16,370,309
70$25,905,652$5,802,952$3,466,708$17,797,959
71$28,443,157$5,982,425$3,477,971$19,364,793
72$31,236,184$6,167,389$3,486,308$21,084,848
73$34,310,692$6,358,009$3,491,517$22,973,585
74$37,695,285$6,554,453$3,493,385$25,048,041
75$41,421,481$6,756,899$3,491,690$27,326,986
76$45,524,009$6,965,524$3,486,199$29,831,100
77$50,041,138$7,180,514$3,476,666$32,583,169
78$55,015,034$7,402,060$3,462,835$35,608,301
79$60,492,164$7,630,357$3,444,436$38,934,156
80$66,523,727$7,865,607$3,421,187$42,591,217
81$73,166,142$8,108,017$3,392,792$46,613,068
82$80,481,579$8,357,800$3,358,941$51,036,715
83$88,538,545$8,615,176$3,319,310$55,902,935
84$97,412,527$8,880,371$3,273,558$61,256,661
85$107,186,712$9,153,616$3,221,329$67,147,401
86$117,952,765$9,435,151$3,162,251$73,629,712
87$129,811,694$9,725,221$3,095,934$80,763,709
88$142,874,808$10,024,078$3,021,969$88,615,634
89$157,264,763$10,331,983$2,939,930$97,258,482
90$173,116,720$10,649,201$2,849,369$106,772,687
91$190,579,622$10,976,008$2,749,819$117,246,885
92$209,817,597$11,312,686$2,640,792$128,778,745
93$231,011,510$11,659,526$2,521,776$141,475,895
94$254,360,666$12,016,824$2,392,237$155,456,935
95$280,084,694$12,384,889$2,251,618$170,852,558
96$308,425,619$12,764,035$2,099,333$187,806,782
97$339,650,146$13,154,586$1,934,774$206,478,308
98$374,052,175$13,556,875$1,757,304$227,042,022
99$411,955,579$13,971,245$1,566,256$249,690,642
100$453,717,258$14,398,046$1,360,936$274,636,536