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%14.4%
1 years$213,054$211,156$209,305$207,497$205,733$201,992
2 years$105,472$103,508$101,604$99,758$97,968$94,213
3 years$69,616$67,644$65,745$63,916$62,155$58,502
4 years$51,692$49,725$47,845$46,048$44,329$40,807
5 years$40,940$38,985$37,130$35,369$33,699$30,317
6 years$33,775$31,834$30,006$28,285$26,664$23,427
7 years$28,658$26,734$24,936$23,255$21,685$18,593
8 years$24,823$22,916$21,147$19,508$17,990$15,042
9 years$21,841$19,953$18,214$16,616$15,150$12,345
10 years$19,457$17,587$15,880$14,323$12,909$10,244
11 years$17,508$15,657$13,980$12,466$11,102$8,575
12 years$15,885$14,053$12,407$10,934$9,621$7,227
13 years$14,513$12,700$11,085$9,653$8,389$6,126
14 years$13,338$11,544$9,960$8,569$7,354$5,216
15 years$12,320$10,545$8,992$7,642$6,475$4,459
16 years$11,430$9,675$8,153$6,843$5,723$3,824
17 years$10,646$8,910$7,419$6,148$5,074$3,288
18 years$9,950$8,234$6,772$5,541$4,512$2,834
19 years$9,328$7,631$6,200$5,006$4,021$2,447
20 years$8,769$7,091$5,690$4,534$3,592$2,117
21 years$8,263$6,605$5,234$4,115$3,214$1,834
22 years$7,804$6,166$4,824$3,742$2,881$1,590
23 years$7,386$5,766$4,454$3,408$2,586$1,381
24 years$7,003$5,403$4,119$3,108$2,325$1,200
25 years$6,652$5,070$3,815$2,838$2,092$1,043
26 years$6,328$4,765$3,538$2,595$1,884$908
27 years$6,028$4,485$3,285$2,375$1,699$790
28 years$5,750$4,226$3,054$2,176$1,533$689
29 years$5,492$3,987$2,842$1,996$1,384$600
30 years$5,252$3,765$2,647$1,832$1,251$523
31 years$5,027$3,559$2,468$1,682$1,131$456
32 years$4,817$3,368$2,303$1,546$1,023$398
33 years$4,620$3,189$2,150$1,422$926$347
34 years$4,436$3,023$2,009$1,308$838$303
35 years$4,262$2,867$1,878$1,204$759$265
36 years$4,098$2,721$1,757$1,109$688$231
37 years$3,943$2,584$1,645$1,022$623$202
38 years$3,797$2,456$1,540$942$565$176
39 years$3,658$2,336$1,443$868$512$154
40 years$3,527$2,222$1,352$801$465$134
41 years$3,403$2,115$1,268$739$422$117
42 years$3,285$2,014$1,190$682$383$103
43 years$3,172$1,919$1,116$630$347$90
44 years$3,065$1,830$1,048$581$315$78
45 years$2,963$1,745$984$537$286$68
46 years$2,866$1,664$924$496$260$60
47 years$2,774$1,588$868$458$236$52
48 years$2,685$1,516$816$423$214$46
49 years$2,600$1,448$767$391$195$40
50 years$2,519$1,383$721$362$177$35

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 $2,964 every year, while hoping to spend $58,320 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: 70/18/12 Blend
44$2,580,000$2,580,000$2,580,000$2,580,000
45$2,846,217$2,709,477$2,669,487$3,037,988
46$3,074,480$2,780,190$2,696,863$3,236,301
47$3,324,070$2,852,412$2,723,201$3,445,903
48$3,597,102$2,926,158$2,748,406$3,673,741
49$3,895,904$3,001,437$2,772,375$3,921,598
50$4,223,038$3,078,259$2,795,002$4,191,442
51$4,581,327$3,156,633$2,816,173$4,485,437
52$4,973,880$3,236,565$2,835,772$4,805,968
53$5,404,118$3,318,060$2,853,673$5,155,660
54$5,875,812$3,401,118$2,869,745$5,537,405
55$6,393,113$3,485,742$2,883,850$5,954,391
56$6,960,596$3,571,928$2,895,844$6,410,126
57$7,583,296$3,659,672$2,905,574$6,908,476
58$8,266,762$3,748,966$2,912,881$7,453,700
59$9,017,106$3,839,799$2,917,597$8,050,490
60$9,841,060$3,932,159$2,919,545$8,704,015
61$10,746,039$4,026,026$2,918,541$9,419,970
62$11,740,214$4,121,380$2,914,391$10,204,629
63$12,832,585$4,218,196$2,906,892$11,064,905
64$14,033,065$4,316,445$2,895,830$12,008,414
65$15,352,579$4,416,091$2,880,981$13,043,548
66$16,803,159$4,517,097$2,862,111$14,179,554
67$18,398,064$4,619,418$2,838,974$15,426,621
68$20,151,900$4,723,003$2,811,314$16,795,974
69$22,080,761$4,827,796$2,778,859$18,299,985
70$24,202,376$4,933,736$2,741,329$19,952,284
71$26,536,281$5,040,752$2,698,426$21,767,891
72$29,104,001$5,148,768$2,649,842$23,763,358
73$31,929,250$5,257,698$2,595,253$25,956,922
74$35,038,158$5,367,451$2,534,319$28,368,681
75$38,459,518$5,477,923$2,466,686$31,020,781
76$42,225,051$5,589,003$2,391,982$33,937,627
77$46,369,712$5,700,571$2,309,820$37,146,113
78$50,932,016$5,812,492$2,219,792$40,675,873
79$55,954,402$5,924,625$2,121,476$44,559,566
80$61,483,633$6,036,813$2,014,427$48,833,179
81$67,571,234$6,148,887$1,898,180$53,536,372
82$74,273,982$6,260,666$1,772,252$58,712,848
83$81,654,442$6,371,951$1,636,136$64,410,770
84$89,781,550$6,482,532$1,489,302$70,683,209
85$98,731,272$6,592,180$1,331,197$77,588,655
86$108,587,313$6,700,648$1,161,243$85,191,561
87$119,441,912$6,807,673$978,838$93,562,954
88$131,396,709$6,912,971$783,352$102,781,110
89$144,563,705$7,016,238$574,125$112,932,287
90$159,066,317$7,117,148$350,473$124,111,543
91$175,040,545$7,215,352$111,677$136,423,634
92$192,636,252$7,310,475$0$149,984,002
93$212,018,580$7,402,119$0$164,938,197
94$233,369,509$7,489,857$0$181,424,536
95$256,889,572$7,573,233$0$199,583,311
96$282,799,746$7,651,759$0$219,584,891
97$311,343,543$7,724,918$0$241,617,023
98$342,789,301$7,792,156$0$265,886,599
99$377,432,721$7,852,882$0$292,621,609
100$415,599,655$7,906,470$0$322,073,298