Can I retire at age 45 with 2,590,000?

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 $2,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$213,880$211,975$210,116$208,302$206,530$200,079
2 years$105,881$103,909$101,998$100,145$98,348$91,906
3 years$69,886$67,906$65,999$64,164$62,396$56,165
4 years$51,892$49,918$48,031$46,226$44,501$38,530
5 years$41,099$39,136$37,274$35,506$33,829$28,133
6 years$33,905$31,958$30,123$28,395$26,768$21,351
7 years$28,769$26,838$25,032$23,345$21,769$16,632
8 years$24,919$23,005$21,229$19,583$18,060$13,199
9 years$21,926$20,030$18,285$16,681$15,209$10,619
10 years$19,533$17,656$15,941$14,379$12,959$8,633
11 years$17,576$15,718$14,034$12,514$11,145$7,075
12 years$15,947$14,107$12,455$10,976$9,658$5,836
13 years$14,569$12,749$11,128$9,691$8,422$4,838
14 years$13,389$11,588$9,998$8,602$7,383$4,028
15 years$12,368$10,586$9,027$7,672$6,500$3,365
16 years$11,475$9,713$8,184$6,869$5,745$2,818
17 years$10,688$8,945$7,448$6,172$5,094$2,366
18 years$9,989$8,266$6,799$5,562$4,529$1,990
19 years$9,364$7,660$6,224$5,026$4,037$1,677
20 years$8,803$7,118$5,712$4,552$3,606$1,415
21 years$8,295$6,631$5,254$4,131$3,227$1,195
22 years$7,835$6,189$4,842$3,756$2,892$1,010
23 years$7,415$5,789$4,471$3,421$2,596$854
24 years$7,030$5,424$4,135$3,120$2,334$723
25 years$6,677$5,090$3,830$2,849$2,100$613
26 years$6,352$4,784$3,552$2,605$1,892$519
27 years$6,051$4,502$3,298$2,385$1,705$440
28 years$5,773$4,242$3,066$2,185$1,539$373
29 years$5,513$4,002$2,853$2,004$1,390$317
30 years$5,272$3,780$2,658$1,839$1,256$269
31 years$5,047$3,573$2,478$1,689$1,135$228
32 years$4,836$3,381$2,312$1,552$1,027$194
33 years$4,638$3,202$2,159$1,427$929$164
34 years$4,453$3,034$2,017$1,313$841$139
35 years$4,278$2,878$1,886$1,209$762$118
36 years$4,114$2,732$1,764$1,113$690$101
37 years$3,958$2,594$1,651$1,026$626$85
38 years$3,811$2,466$1,546$945$567$73
39 years$3,673$2,345$1,448$872$514$62
40 years$3,541$2,231$1,358$804$467$52
41 years$3,416$2,123$1,273$742$423$44
42 years$3,297$2,022$1,194$685$384$38
43 years$3,185$1,927$1,121$632$349$32
44 years$3,077$1,837$1,052$584$316$27
45 years$2,975$1,751$988$539$287$23
46 years$2,877$1,671$928$498$261$20
47 years$2,784$1,594$871$460$237$17
48 years$2,695$1,522$819$425$215$14
49 years$2,610$1,454$770$393$195$12
50 years$2,529$1,388$724$363$177$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,590,000, adding $2,452 every year, while hoping to spend $53,483 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: 37/42/21 Blend
44$2,590,000$2,590,000$2,590,000$2,590,000
45$2,856,709$2,719,439$2,679,294$2,944,260
46$3,091,188$2,795,786$2,712,145$3,084,518
47$3,347,791$2,874,082$2,744,304$3,230,738
48$3,628,719$2,954,365$2,775,691$3,387,587
49$3,936,394$3,036,674$2,806,223$3,556,054
50$4,273,485$3,121,050$2,835,809$3,737,223
51$4,642,929$3,207,531$2,864,358$3,932,291
52$5,047,964$3,296,155$2,891,770$4,142,572
53$5,492,153$3,386,964$2,917,941$4,369,515
54$5,979,423$3,479,995$2,942,762$4,614,715
55$6,514,096$3,575,287$2,966,117$4,879,925
56$7,100,937$3,672,879$2,987,885$5,167,080
57$7,745,190$3,772,808$3,007,937$5,478,307
58$8,452,637$3,875,113$3,026,140$5,815,950
59$9,229,642$3,979,830$3,042,352$6,182,591
60$10,083,219$4,086,995$3,056,425$6,581,073
61$11,021,094$4,196,644$3,068,201$7,014,528
62$12,051,778$4,308,812$3,077,518$7,486,406
63$13,184,648$4,423,532$3,084,203$8,000,509
64$14,430,033$4,540,836$3,088,075$8,561,023
65$15,799,314$4,660,755$3,088,944$9,172,561
66$17,305,032$4,783,319$3,086,611$9,840,206
67$18,960,999$4,908,556$3,080,866$10,569,558
68$20,782,436$5,036,491$3,071,491$11,366,787
69$22,786,114$5,167,149$3,058,255$12,238,691
70$24,990,509$5,300,550$3,040,918$13,192,761
71$27,415,979$5,436,715$3,019,227$14,237,253
72$30,084,955$5,575,660$2,992,917$15,381,261
73$33,022,151$5,717,398$2,961,710$16,634,810
74$36,254,800$5,861,940$2,925,317$18,008,945
75$39,812,908$6,009,294$2,883,433$19,515,838
76$43,729,536$6,159,461$2,835,740$21,168,901
77$48,041,115$6,312,441$2,781,904$22,982,917
78$52,787,787$6,468,229$2,721,576$24,974,175
79$58,013,784$6,626,814$2,654,391$27,160,627
80$63,767,844$6,788,182$2,579,967$29,562,057
81$70,103,673$6,952,312$2,497,905$32,200,266
82$77,080,449$7,119,177$2,407,786$35,099,282
83$84,763,382$7,288,743$2,309,174$38,285,583
84$93,224,326$7,460,971$2,201,611$41,788,353
85$102,542,462$7,635,813$2,084,619$45,639,751
86$112,805,039$7,813,214$1,957,700$49,875,220
87$124,108,201$7,993,109$1,820,331$54,533,822
88$136,557,893$8,175,427$1,671,967$59,658,602
89$150,270,859$8,360,084$1,512,039$65,297,004
90$165,375,745$8,546,987$1,339,951$71,501,312
91$182,014,314$8,736,032$1,155,082$78,329,146
92$200,342,779$8,927,102$956,783$85,844,012
93$220,533,282$9,120,070$744,375$94,115,893
94$242,775,517$9,314,793$517,151$103,221,920
95$267,278,515$9,511,114$274,371$113,247,096
96$294,272,627$9,708,862$15,266$124,285,099
97$324,011,687$9,907,848$0$136,439,172
98$356,775,413$10,107,866$0$149,881,631
99$392,872,047$10,308,694$0$164,686,789
100$432,641,262$10,510,086$0$180,989,612