Can I retire at age 45 with 2,560,000?

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 $2,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$211,402$209,519$207,682$205,889$204,138$198,961
2 years$104,655$102,706$100,817$98,985$97,209$92,026
3 years$69,077$67,119$65,235$63,421$61,673$56,648
4 years$51,291$49,340$47,474$45,691$43,986$39,156
5 years$40,623$38,683$36,842$35,095$33,437$28,817
6 years$33,513$31,588$29,774$28,066$26,458$22,051
7 years$28,436$26,527$24,742$23,074$21,517$17,324
8 years$24,630$22,739$20,983$19,357$17,851$13,870
9 years$21,672$19,798$18,073$16,488$15,033$11,260
10 years$19,307$17,451$15,756$14,212$12,809$9,240
11 years$17,373$15,536$13,872$12,369$11,016$7,647
12 years$15,762$13,944$12,311$10,849$9,546$6,370
13 years$14,400$12,601$10,999$9,578$8,324$5,335
14 years$13,234$11,454$9,883$8,503$7,297$4,488
15 years$12,224$10,464$8,923$7,583$6,425$3,788
16 years$11,342$9,600$8,090$6,790$5,678$3,208
17 years$10,564$8,841$7,361$6,100$5,035$2,723
18 years$9,873$8,170$6,720$5,498$4,477$2,316
19 years$9,256$7,572$6,152$4,968$3,990$1,973
20 years$8,701$7,036$5,646$4,499$3,564$1,684
21 years$8,199$6,554$5,193$4,083$3,190$1,439
22 years$7,744$6,118$4,786$3,713$2,859$1,230
23 years$7,329$5,722$4,419$3,381$2,566$1,053
24 years$6,949$5,361$4,087$3,084$2,307$902
25 years$6,600$5,031$3,785$2,816$2,076$773
26 years$6,278$4,728$3,511$2,575$1,870$663
27 years$5,981$4,450$3,260$2,357$1,686$569
28 years$5,706$4,193$3,031$2,160$1,521$489
29 years$5,450$3,956$2,820$1,980$1,373$420
30 years$5,211$3,736$2,627$1,817$1,241$361
31 years$4,988$3,532$2,449$1,669$1,122$310
32 years$4,780$3,342$2,285$1,534$1,015$266
33 years$4,585$3,164$2,134$1,411$918$229
34 years$4,401$2,999$1,993$1,298$832$197
35 years$4,229$2,845$1,864$1,195$753$169
36 years$4,066$2,700$1,743$1,100$682$145
37 years$3,912$2,564$1,632$1,014$619$125
38 years$3,767$2,437$1,528$935$561$108
39 years$3,630$2,317$1,432$862$509$93
40 years$3,500$2,205$1,342$795$461$80
41 years$3,376$2,099$1,258$733$418$69
42 years$3,259$1,999$1,180$677$380$59
43 years$3,148$1,905$1,108$625$345$51
44 years$3,042$1,815$1,040$577$313$44
45 years$2,941$1,731$976$533$284$38
46 years$2,844$1,651$917$492$258$32
47 years$2,752$1,576$861$455$234$28
48 years$2,664$1,504$809$420$213$24
49 years$2,580$1,437$761$388$193$21
50 years$2,499$1,372$715$359$175$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,560,000, adding $3,277 every year, while hoping to spend $48,870 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: 39/40/21 Blend
44$2,560,000$2,560,000$2,560,000$2,560,000
45$2,824,500$2,688,820$2,649,140$2,916,874
46$3,060,602$2,768,575$2,685,889$3,063,465
47$3,319,148$2,850,600$2,722,231$3,216,997
48$3,602,377$2,934,955$2,758,101$3,382,015
49$3,912,751$3,021,700$2,793,430$3,559,590
50$4,252,987$3,110,898$2,828,145$3,750,898
51$4,626,072$3,202,613$2,862,169$3,957,233
52$5,035,300$3,296,909$2,895,419$4,180,021
53$5,484,295$3,393,853$2,927,811$4,420,829
54$5,977,054$3,493,512$2,959,253$4,681,383
55$6,517,974$3,595,954$2,989,648$4,963,581
56$7,111,903$3,701,252$3,018,897$5,269,514
57$7,764,179$3,809,475$3,046,892$5,601,485
58$8,480,684$3,920,698$3,073,522$5,962,025
59$9,267,895$4,034,994$3,098,666$6,353,927
60$10,132,951$4,152,439$3,122,202$6,780,262
61$11,083,714$4,273,111$3,143,998$7,244,413
62$12,128,847$4,397,087$3,163,916$7,750,107
63$13,277,893$4,524,448$3,181,811$8,301,447
64$14,541,367$4,655,275$3,197,530$8,902,953
65$15,930,853$4,789,650$3,210,914$9,559,605
66$17,459,113$4,927,656$3,221,793$10,276,885
67$19,140,211$5,069,379$3,229,991$11,060,836
68$20,989,639$5,214,905$3,235,322$11,918,112
69$23,024,468$5,364,321$3,237,591$12,856,043
70$25,263,507$5,517,716$3,236,594$13,882,707
71$27,727,480$5,675,180$3,232,115$15,007,002
72$30,439,222$5,836,803$3,223,930$16,238,731
73$33,423,893$6,002,676$3,211,802$17,588,695
74$36,709,216$6,172,894$3,195,484$19,068,795
75$40,325,739$6,347,548$3,174,715$20,692,141
76$44,307,121$6,526,735$3,149,225$22,473,181
77$48,690,452$6,710,549$3,118,728$24,427,834
78$53,516,597$6,899,086$3,082,925$26,573,639
79$58,830,591$7,092,442$3,041,504$28,929,923
80$64,682,055$7,290,715$2,994,138$31,517,983
81$71,125,666$7,494,001$2,940,483$34,361,284
82$78,221,675$7,702,399$2,880,180$37,485,685
83$86,036,476$7,916,005$2,812,856$40,919,680
84$94,643,225$8,134,919$2,738,116$44,694,666
85$104,122,541$8,359,237$2,655,549$48,845,244
86$114,563,256$8,589,056$2,564,726$53,409,540
87$126,063,262$8,824,473$2,465,198$58,429,568
88$138,730,426$9,065,583$2,356,494$63,951,627
89$152,683,616$9,312,483$2,238,122$70,026,738
90$168,053,815$9,565,265$2,109,570$76,711,122
91$184,985,364$9,824,023$1,970,300$84,066,737
92$203,637,317$10,088,846$1,819,752$92,161,858
93$224,184,948$10,359,825$1,657,338$101,071,725
94$246,821,402$10,637,045$1,482,448$110,879,252
95$271,759,515$10,920,590$1,294,440$121,675,808
96$299,233,830$11,210,543$1,092,648$133,562,084
97$329,502,802$11,506,982$876,373$146,649,042
98$362,851,244$11,809,980$644,888$161,058,962
99$399,593,010$12,119,608$397,431$176,926,598
100$440,073,961$12,435,933$133,209$194,400,448