Can I retire at age 45 with 2,580,000?

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$213,054$211,156$209,305$207,497$205,733$198,750
2 years$105,472$103,508$101,604$99,758$97,968$91,003
3 years$69,616$67,644$65,745$63,916$62,155$55,426
4 years$51,692$49,725$47,845$46,048$44,329$37,888
5 years$40,940$38,985$37,130$35,369$33,699$27,563
6 years$33,775$31,834$30,006$28,285$26,664$20,838
7 years$28,658$26,734$24,936$23,255$21,685$16,168
8 years$24,823$22,916$21,147$19,508$17,990$12,778
9 years$21,841$19,953$18,214$16,616$15,150$10,236
10 years$19,457$17,587$15,880$14,323$12,909$8,285
11 years$17,508$15,657$13,980$12,466$11,102$6,759
12 years$15,885$14,053$12,407$10,934$9,621$5,550
13 years$14,513$12,700$11,085$9,653$8,389$4,579
14 years$13,338$11,544$9,960$8,569$7,354$3,794
15 years$12,320$10,545$8,992$7,642$6,475$3,153
16 years$11,430$9,675$8,153$6,843$5,723$2,628
17 years$10,646$8,910$7,419$6,148$5,074$2,195
18 years$9,950$8,234$6,772$5,541$4,512$1,837
19 years$9,328$7,631$6,200$5,006$4,021$1,539
20 years$8,769$7,091$5,690$4,534$3,592$1,292
21 years$8,263$6,605$5,234$4,115$3,214$1,085
22 years$7,804$6,166$4,824$3,742$2,881$912
23 years$7,386$5,766$4,454$3,408$2,586$767
24 years$7,003$5,403$4,119$3,108$2,325$646
25 years$6,652$5,070$3,815$2,838$2,092$544
26 years$6,328$4,765$3,538$2,595$1,884$459
27 years$6,028$4,485$3,285$2,375$1,699$387
28 years$5,750$4,226$3,054$2,176$1,533$326
29 years$5,492$3,987$2,842$1,996$1,384$275
30 years$5,252$3,765$2,647$1,832$1,251$232
31 years$5,027$3,559$2,468$1,682$1,131$196
32 years$4,817$3,368$2,303$1,546$1,023$165
33 years$4,620$3,189$2,150$1,422$926$139
34 years$4,436$3,023$2,009$1,308$838$118
35 years$4,262$2,867$1,878$1,204$759$99
36 years$4,098$2,721$1,757$1,109$688$84
37 years$3,943$2,584$1,645$1,022$623$71
38 years$3,797$2,456$1,540$942$565$60
39 years$3,658$2,336$1,443$868$512$50
40 years$3,527$2,222$1,352$801$465$43
41 years$3,403$2,115$1,268$739$422$36
42 years$3,285$2,014$1,190$682$383$30
43 years$3,172$1,919$1,116$630$347$26
44 years$3,065$1,830$1,048$581$315$22
45 years$2,963$1,745$984$537$286$18
46 years$2,866$1,664$924$496$260$15
47 years$2,774$1,588$868$458$236$13
48 years$2,685$1,516$816$423$214$11
49 years$2,600$1,448$767$391$195$9
50 years$2,519$1,383$721$362$177$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,580,000, adding $4,352 every year, while hoping to spend $26,623 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: 72/19/9 Blend
44$2,580,000$2,580,000$2,580,000$2,580,000
45$2,847,649$2,710,909$2,670,919$3,047,801
46$3,109,783$2,815,417$2,732,068$3,285,119
47$3,397,762$2,924,153$2,794,374$3,541,158
48$3,714,194$3,037,298$2,857,846$3,820,761
49$4,061,953$3,155,036$2,922,495$4,126,248
50$4,444,204$3,277,565$2,988,330$4,460,171
51$4,864,435$3,405,088$3,055,361$4,825,336
52$5,326,487$3,537,817$3,123,596$5,224,838
53$5,834,594$3,675,975$3,193,041$5,662,078
54$6,393,419$3,819,794$3,263,705$6,140,804
55$7,008,100$3,969,517$3,335,591$6,665,143
56$7,684,300$4,125,397$3,408,707$7,239,637
57$8,428,255$4,287,698$3,483,055$7,869,289
58$9,246,838$4,456,696$3,558,639$8,559,607
59$10,147,622$4,632,681$3,635,460$9,316,657
60$11,138,951$4,815,954$3,713,520$10,147,121
61$12,230,019$5,006,830$3,792,817$11,058,355
62$13,430,954$5,205,638$3,873,349$12,058,461
63$14,752,919$5,412,722$3,955,114$13,156,366
64$16,208,212$5,628,441$4,038,106$14,361,898
65$17,810,386$5,853,171$4,122,319$15,685,885
66$19,574,373$6,087,304$4,207,745$17,140,252
67$21,516,628$6,331,251$4,294,373$18,738,136
68$23,655,282$6,585,440$4,382,192$20,494,007
69$26,010,313$6,850,318$4,471,188$22,423,805
70$28,603,736$7,126,355$4,561,343$24,545,089
71$31,459,809$7,414,039$4,652,641$26,877,204
72$34,605,265$7,713,882$4,745,060$29,441,459
73$38,069,559$8,026,419$4,838,576$32,261,329
74$41,885,149$8,352,209$4,933,164$35,362,679
75$46,087,803$8,691,836$5,028,794$38,774,002
76$50,716,935$9,045,911$5,125,434$42,526,688
77$55,815,975$9,415,074$5,223,049$46,655,322
78$61,432,784$9,799,992$5,321,600$51,198,008
79$67,620,100$10,201,364$5,421,046$56,196,725
80$74,436,039$10,619,920$5,521,340$61,697,728
81$81,944,643$11,056,423$5,622,433$67,751,977
82$90,216,483$11,511,674$5,724,270$74,415,620
83$99,329,324$11,986,506$5,826,794$81,750,522
84$109,368,865$12,481,795$5,929,941$89,824,847
85$120,429,539$12,998,453$6,033,643$98,713,698
86$132,615,411$13,537,436$6,137,829$108,499,828
87$146,041,157$14,099,744$6,242,421$119,274,418
88$160,833,146$14,686,423$6,347,333$131,137,937
89$177,130,636$15,298,566$6,452,478$144,201,085
90$195,087,084$15,937,319$6,557,759$158,585,842
91$214,871,596$16,603,878$6,663,074$174,426,613
92$236,670,527$17,299,496$6,768,315$191,871,498
93$260,689,232$18,025,483$6,873,365$211,083,686
94$287,154,012$18,783,210$6,978,101$232,242,994
95$316,314,246$19,574,111$7,082,391$255,547,565
96$348,444,745$20,399,689$7,186,098$281,215,729
97$383,848,348$21,261,512$7,289,071$309,488,073
98$422,858,779$22,161,226$7,391,154$340,629,699
99$465,843,798$23,100,549$7,492,181$374,932,730
100$513,208,671$24,081,283$7,591,976$412,719,063