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%12.6%
1 years$213,054$211,156$209,305$207,497$205,733$203,500
2 years$105,472$103,508$101,604$99,758$97,968$95,719
3 years$69,616$67,644$65,745$63,916$62,155$59,961
4 years$51,692$49,725$47,845$46,048$44,329$42,207
5 years$40,940$38,985$37,130$35,369$33,699$31,653
6 years$33,775$31,834$30,006$28,285$26,664$24,699
7 years$28,658$26,734$24,936$23,255$21,685$19,801
8 years$24,823$22,916$21,147$19,508$17,990$16,187
9 years$21,841$19,953$18,214$16,616$15,150$13,427
10 years$19,457$17,587$15,880$14,323$12,909$11,264
11 years$17,508$15,657$13,980$12,466$11,102$9,535
12 years$15,885$14,053$12,407$10,934$9,621$8,130
13 years$14,513$12,700$11,085$9,653$8,389$6,973
14 years$13,338$11,544$9,960$8,569$7,354$6,010
15 years$12,320$10,545$8,992$7,642$6,475$5,201
16 years$11,430$9,675$8,153$6,843$5,723$4,516
17 years$10,646$8,910$7,419$6,148$5,074$3,933
18 years$9,950$8,234$6,772$5,541$4,512$3,434
19 years$9,328$7,631$6,200$5,006$4,021$3,005
20 years$8,769$7,091$5,690$4,534$3,592$2,634
21 years$8,263$6,605$5,234$4,115$3,214$2,313
22 years$7,804$6,166$4,824$3,742$2,881$2,033
23 years$7,386$5,766$4,454$3,408$2,586$1,790
24 years$7,003$5,403$4,119$3,108$2,325$1,577
25 years$6,652$5,070$3,815$2,838$2,092$1,391
26 years$6,328$4,765$3,538$2,595$1,884$1,228
27 years$6,028$4,485$3,285$2,375$1,699$1,085
28 years$5,750$4,226$3,054$2,176$1,533$959
29 years$5,492$3,987$2,842$1,996$1,384$848
30 years$5,252$3,765$2,647$1,832$1,251$750
31 years$5,027$3,559$2,468$1,682$1,131$664
32 years$4,817$3,368$2,303$1,546$1,023$588
33 years$4,620$3,189$2,150$1,422$926$521
34 years$4,436$3,023$2,009$1,308$838$462
35 years$4,262$2,867$1,878$1,204$759$409
36 years$4,098$2,721$1,757$1,109$688$363
37 years$3,943$2,584$1,645$1,022$623$322
38 years$3,797$2,456$1,540$942$565$285
39 years$3,658$2,336$1,443$868$512$253
40 years$3,527$2,222$1,352$801$465$224
41 years$3,403$2,115$1,268$739$422$199
42 years$3,285$2,014$1,190$682$383$177
43 years$3,172$1,919$1,116$630$347$157
44 years$3,065$1,830$1,048$581$315$139
45 years$2,963$1,745$984$537$286$124
46 years$2,866$1,664$924$496$260$110
47 years$2,774$1,588$868$458$236$97
48 years$2,685$1,516$816$423$214$86
49 years$2,600$1,448$767$391$195$77
50 years$2,519$1,383$721$362$177$68

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 $6,557 every year, while hoping to spend $57,595 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: 78/17/5 Blend
44$2,580,000$2,580,000$2,580,000$2,580,000
45$2,849,924$2,713,184$2,673,194$3,071,054
46$3,079,335$2,784,849$2,701,465$3,288,582
47$3,330,216$2,858,096$2,728,753$3,518,875
48$3,604,696$2,932,940$2,754,964$3,769,687
49$3,905,119$3,009,398$2,779,999$4,043,031
50$4,234,067$3,087,484$2,803,755$4,341,123
51$4,594,382$3,167,211$2,826,121$4,666,405
52$4,989,195$3,248,590$2,846,982$5,021,562
53$5,421,954$3,331,632$2,866,217$5,409,556
54$5,896,455$3,416,345$2,883,697$5,833,643
55$6,416,882$3,502,734$2,899,290$6,297,415
56$6,987,841$3,590,805$2,912,853$6,804,823
57$7,614,405$3,680,559$2,924,238$7,360,222
58$8,302,164$3,771,995$2,933,289$7,968,409
59$9,057,273$3,865,112$2,939,843$8,634,666
60$9,886,515$3,959,902$2,943,727$9,364,812
61$10,797,359$4,056,357$2,944,762$10,165,259
62$11,798,036$4,154,464$2,942,757$11,043,067
63$12,897,611$4,254,209$2,937,515$12,006,019
64$14,106,072$4,355,570$2,928,827$13,062,683
65$15,434,423$4,458,524$2,916,474$14,222,504
66$16,894,786$4,563,043$2,900,228$15,495,885
67$18,500,516$4,669,095$2,879,848$16,894,287
68$20,266,329$4,776,640$2,855,082$18,430,339
69$22,208,435$4,885,637$2,825,668$20,117,956
70$24,344,697$4,996,034$2,791,330$21,972,466
71$26,694,794$5,107,778$2,751,777$24,010,763
72$29,280,410$5,220,806$2,706,708$26,251,458
73$32,125,435$5,335,048$2,655,806$28,715,057
74$35,256,192$5,450,429$2,598,739$31,424,157
75$38,701,687$5,566,863$2,535,160$34,403,657
76$42,493,878$5,684,258$2,464,706$37,680,991
77$46,667,977$5,802,510$2,386,997$41,286,391
78$51,262,785$5,921,508$2,301,637$45,253,167
79$56,321,057$6,041,129$2,208,209$49,618,025
80$61,889,900$6,161,240$2,106,279$54,421,413
81$68,021,224$6,281,695$1,995,394$59,707,901
82$74,772,228$6,402,337$1,875,079$65,526,602
83$82,205,938$6,522,995$1,744,837$71,931,637
84$90,391,806$6,643,483$1,604,151$78,982,643
85$99,406,359$6,763,603$1,452,479$86,745,338
86$109,333,927$6,883,138$1,289,256$95,292,140
87$120,267,432$7,001,857$1,113,891$104,702,850
88$132,309,270$7,119,508$925,766$115,065,408
89$145,572,274$7,235,822$724,238$126,476,720
90$160,180,779$7,350,511$508,633$139,043,575
91$176,271,797$7,463,264$278,250$152,883,648
92$193,996,304$7,573,748$32,356$168,126,620
93$213,520,671$7,681,606$0$184,915,392
94$235,028,232$7,786,457$0$203,419,715
95$258,721,010$7,887,892$0$223,803,492
96$284,821,628$7,985,474$0$246,256,276
97$313,575,409$8,078,736$0$270,988,851
98$345,252,686$8,167,180$0$298,233,500
99$380,151,363$8,250,275$0$328,246,192
100$418,599,716$8,327,452$0$361,309,000