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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.8%
1 years$213,054$211,156$209,305$207,497$205,733$198,433
2 years$105,472$103,508$101,604$99,758$97,968$90,692
3 years$69,616$67,644$65,745$63,916$62,155$55,130
4 years$51,692$49,725$47,845$46,048$44,329$37,610
5 years$40,940$38,985$37,130$35,369$33,699$27,303
6 years$33,775$31,834$30,006$28,285$26,664$20,597
7 years$28,658$26,734$24,936$23,255$21,685$15,944
8 years$24,823$22,916$21,147$19,508$17,990$12,571
9 years$21,841$19,953$18,214$16,616$15,150$10,046
10 years$19,457$17,587$15,880$14,323$12,909$8,110
11 years$17,508$15,657$13,980$12,466$11,102$6,600
12 years$15,885$14,053$12,407$10,934$9,621$5,404
13 years$14,513$12,700$11,085$9,653$8,389$4,447
14 years$13,338$11,544$9,960$8,569$7,354$3,674
15 years$12,320$10,545$8,992$7,642$6,475$3,045
16 years$11,430$9,675$8,153$6,843$5,723$2,531
17 years$10,646$8,910$7,419$6,148$5,074$2,107
18 years$9,950$8,234$6,772$5,541$4,512$1,758
19 years$9,328$7,631$6,200$5,006$4,021$1,469
20 years$8,769$7,091$5,690$4,534$3,592$1,229
21 years$8,263$6,605$5,234$4,115$3,214$1,029
22 years$7,804$6,166$4,824$3,742$2,881$862
23 years$7,386$5,766$4,454$3,408$2,586$723
24 years$7,003$5,403$4,119$3,108$2,325$607
25 years$6,652$5,070$3,815$2,838$2,092$510
26 years$6,328$4,765$3,538$2,595$1,884$428
27 years$6,028$4,485$3,285$2,375$1,699$360
28 years$5,750$4,226$3,054$2,176$1,533$302
29 years$5,492$3,987$2,842$1,996$1,384$254
30 years$5,252$3,765$2,647$1,832$1,251$214
31 years$5,027$3,559$2,468$1,682$1,131$180
32 years$4,817$3,368$2,303$1,546$1,023$151
33 years$4,620$3,189$2,150$1,422$926$127
34 years$4,436$3,023$2,009$1,308$838$107
35 years$4,262$2,867$1,878$1,204$759$90
36 years$4,098$2,721$1,757$1,109$688$76
37 years$3,943$2,584$1,645$1,022$623$64
38 years$3,797$2,456$1,540$942$565$54
39 years$3,658$2,336$1,443$868$512$45
40 years$3,527$2,222$1,352$801$465$38
41 years$3,403$2,115$1,268$739$422$32
42 years$3,285$2,014$1,190$682$383$27
43 years$3,172$1,919$1,116$630$347$23
44 years$3,065$1,830$1,048$581$315$19
45 years$2,963$1,745$984$537$286$16
46 years$2,866$1,664$924$496$260$14
47 years$2,774$1,588$868$458$236$11
48 years$2,685$1,516$816$423$214$10
49 years$2,600$1,448$767$391$195$8
50 years$2,519$1,383$721$362$177$7

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 $3,404 every year, while hoping to spend $36,698 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: 78/16/6 Blend
44$2,580,000$2,580,000$2,580,000$2,580,000
45$2,846,671$2,709,931$2,669,941$3,066,969
46$3,097,985$2,803,671$2,720,338$3,305,652
47$3,373,703$2,900,775$2,771,193$3,562,209
48$3,676,276$3,001,368$2,822,483$3,842,466
49$4,008,403$3,105,581$2,874,182$4,148,763
50$4,373,056$3,213,551$2,926,264$4,483,676
51$4,773,512$3,325,419$2,978,697$4,850,044
52$5,213,378$3,441,332$3,031,452$5,250,990
53$5,696,628$3,561,444$3,084,491$5,689,953
54$6,227,642$3,685,913$3,137,780$6,170,724
55$6,811,244$3,814,904$3,191,277$6,697,472
56$7,452,746$3,948,590$3,244,941$7,274,793
57$8,158,005$4,087,149$3,298,725$7,907,746
58$8,933,470$4,230,768$3,352,580$8,601,904
59$9,786,248$4,379,640$3,406,456$9,363,405
60$10,724,168$4,533,965$3,460,295$10,199,009
61$11,755,858$4,693,954$3,514,040$11,116,163
62$12,890,821$4,859,824$3,567,626$12,123,070
63$14,139,531$5,031,801$3,620,987$13,228,765
64$15,513,525$5,210,121$3,674,052$14,443,201
65$17,025,516$5,395,029$3,726,745$15,777,343
66$18,689,514$5,586,781$3,778,986$17,243,271
67$20,520,953$5,785,641$3,830,690$18,854,289
68$22,536,839$5,991,887$3,881,768$20,625,059
69$24,755,912$6,205,805$3,932,122$22,571,730
70$27,198,821$6,427,695$3,981,654$24,712,094
71$29,888,317$6,657,868$4,030,256$27,065,755
72$32,849,471$6,896,649$4,077,815$29,654,310
73$36,109,908$7,144,376$4,124,213$32,501,553
74$39,700,068$7,401,400$4,169,324$35,633,701
75$43,653,493$7,668,087$4,213,014$39,079,639
76$48,007,145$7,944,818$4,255,145$42,871,193
77$52,801,750$8,231,990$4,295,568$47,043,428
78$58,082,187$8,530,017$4,334,129$51,634,981
79$63,897,911$8,839,329$4,370,664$56,688,422
80$70,303,417$9,160,374$4,404,999$62,250,657
81$77,358,753$9,493,620$4,436,954$68,373,371
82$85,130,092$9,839,554$4,466,338$75,113,512
83$93,690,350$10,198,681$4,492,950$82,533,830
84$103,119,881$10,571,531$4,516,578$90,703,468
85$113,507,226$10,958,654$4,537,001$99,698,614
86$124,949,958$11,360,623$4,553,986$109,603,217
87$137,555,596$11,778,036$4,567,287$120,509,782
88$151,442,623$12,211,515$4,576,646$132,520,243
89$166,741,601$12,661,710$4,581,795$145,746,917
90$183,596,408$13,129,298$4,582,449$160,313,572
91$202,165,591$13,614,982$4,578,310$176,356,590
92$222,623,864$14,119,500$4,569,066$194,026,253
93$245,163,759$14,643,616$4,554,391$213,488,160
94$269,997,439$15,188,130$4,533,940$234,924,794
95$297,358,705$15,753,875$4,507,353$258,537,237
96$327,505,197$16,341,720$4,474,255$284,547,070
97$360,720,833$16,952,570$4,434,248$313,198,465
98$397,318,482$17,587,370$4,386,919$344,760,485
99$437,642,922$18,247,105$4,331,835$379,529,626
100$482,074,089$18,932,803$4,268,541$417,832,612