Can I retire at age 45 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$212,228$210,338$208,493$206,693$204,935$200,962
2 years$105,063$103,107$101,210$99,372$97,588$93,601
3 years$69,347$67,381$65,490$63,668$61,914$58,038
4 years$51,492$49,532$47,660$45,870$44,158$40,422
5 years$40,781$38,834$36,986$35,232$33,568$29,983
6 years$33,644$31,711$29,890$28,175$26,561$23,132
7 years$28,547$26,631$24,839$23,165$21,601$18,328
8 years$24,727$22,828$21,065$19,432$17,920$14,802
9 years$21,757$19,875$18,144$16,552$15,092$12,126
10 years$19,382$17,519$15,818$14,268$12,859$10,044
11 years$17,440$15,596$13,926$12,417$11,059$8,391
12 years$15,824$13,998$12,359$10,892$9,583$7,059
13 years$14,457$12,650$11,042$9,616$8,357$5,971
14 years$13,286$11,499$9,921$8,536$7,326$5,074
15 years$12,272$10,505$8,957$7,612$6,450$4,329
16 years$11,386$9,638$8,121$6,816$5,701$3,704
17 years$10,605$8,876$7,390$6,124$5,055$3,179
18 years$9,912$8,202$6,746$5,519$4,494$2,734
19 years$9,292$7,601$6,176$4,987$4,006$2,355
20 years$8,735$7,064$5,668$4,517$3,578$2,033
21 years$8,231$6,579$5,213$4,099$3,202$1,757
22 years$7,774$6,142$4,805$3,727$2,870$1,520
23 years$7,358$5,744$4,436$3,394$2,576$1,316
24 years$6,976$5,382$4,103$3,096$2,316$1,141
25 years$6,626$5,051$3,800$2,827$2,084$990
26 years$6,303$4,747$3,524$2,585$1,877$859
27 years$6,005$4,467$3,273$2,366$1,692$747
28 years$5,728$4,209$3,042$2,168$1,527$649
29 years$5,471$3,971$2,831$1,988$1,379$564
30 years$5,231$3,750$2,637$1,825$1,246$491
31 years$5,008$3,545$2,459$1,676$1,126$427
32 years$4,799$3,355$2,294$1,540$1,019$371
33 years$4,602$3,177$2,142$1,416$922$323
34 years$4,418$3,011$2,001$1,303$835$281
35 years$4,245$2,856$1,871$1,199$756$245
36 years$4,082$2,711$1,750$1,105$685$213
37 years$3,928$2,574$1,638$1,018$621$186
38 years$3,782$2,447$1,534$938$563$162
39 years$3,644$2,327$1,437$865$510$141
40 years$3,514$2,213$1,347$798$463$123
41 years$3,390$2,107$1,263$736$420$107
42 years$3,272$2,007$1,185$679$381$93
43 years$3,160$1,912$1,112$627$346$81
44 years$3,054$1,822$1,044$579$314$71
45 years$2,952$1,738$980$535$285$62
46 years$2,855$1,658$920$494$259$54
47 years$2,763$1,582$865$456$235$47
48 years$2,674$1,510$813$422$213$41
49 years$2,590$1,442$764$390$194$36
50 years$2,509$1,378$718$360$176$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $2,570,000, adding $5,789 every year, while hoping to spend $47,511 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: 88/5/7 Blend
44$2,570,000$2,570,000$2,570,000$2,570,000
45$2,838,111$2,701,901$2,662,066$3,086,024
46$3,077,047$2,783,743$2,700,694$3,330,166
47$3,338,763$2,868,003$2,739,024$3,591,310
48$3,625,530$2,954,749$2,776,995$3,876,858
49$3,939,854$3,044,051$2,814,544$4,189,237
50$4,284,491$3,135,981$2,851,603$4,531,120
51$4,662,478$3,230,614$2,888,101$4,905,451
52$5,077,160$3,328,023$2,923,962$5,315,473
53$5,532,222$3,428,288$2,959,106$5,764,757
54$6,031,722$3,531,488$2,993,449$6,257,236
55$6,580,130$3,637,703$3,026,902$6,797,245
56$7,182,371$3,747,018$3,059,371$7,389,555
57$7,843,869$3,859,518$3,090,756$8,039,426
58$8,570,599$3,975,290$3,120,952$8,752,649
59$9,369,146$4,094,425$3,149,850$9,535,605
60$10,246,762$4,217,015$3,177,333$10,395,325
61$11,211,436$4,343,153$3,203,278$11,339,553
62$12,271,972$4,472,937$3,227,557$12,376,822
63$13,438,067$4,606,464$3,250,034$13,516,530
64$14,720,405$4,743,836$3,270,565$14,769,037
65$16,130,759$4,885,157$3,289,002$16,145,751
66$17,682,099$5,030,532$3,305,186$17,659,245
67$19,388,714$5,180,070$3,318,951$19,323,372
68$21,266,350$5,333,880$3,330,123$21,153,392
69$23,332,355$5,492,077$3,338,519$23,166,124
70$25,605,842$5,654,776$3,343,946$25,380,094
71$28,107,873$5,822,095$3,346,204$27,815,720
72$30,861,654$5,994,155$3,345,079$30,495,496
73$33,892,753$6,171,080$3,340,350$33,444,210
74$37,229,346$6,352,995$3,331,784$36,689,174
75$40,902,477$6,540,029$3,319,136$40,260,483
76$44,946,353$6,732,314$3,302,151$44,191,299
77$49,398,666$6,929,982$3,280,558$48,518,162
78$54,300,951$7,133,172$3,254,078$53,281,337
79$59,698,973$7,342,023$3,222,414$58,525,192
80$65,643,162$7,556,675$3,185,259$64,298,619
81$72,189,087$7,777,275$3,142,288$70,655,489
82$79,397,982$8,003,970$3,093,162$77,655,169
83$87,337,321$8,236,909$3,037,528$85,363,075
84$96,081,456$8,476,245$2,975,013$93,851,292
85$105,712,318$8,722,135$2,905,229$103,199,254
86$116,320,190$8,974,735$2,827,770$113,494,494
87$128,004,560$9,234,208$2,742,211$124,833,468
88$140,875,056$9,500,715$2,648,106$137,322,468
89$155,052,484$9,774,423$2,544,991$151,078,621
90$170,669,968$10,055,500$2,432,378$166,230,999
91$187,874,203$10,344,117$2,309,760$182,921,834
92$206,826,840$10,640,447$2,176,606$201,307,861
93$227,706,014$10,944,666$2,032,359$221,561,797
94$250,708,023$11,256,951$1,876,439$243,873,972
95$276,049,182$11,577,481$1,708,239$268,454,124
96$303,967,860$11,906,439$1,527,127$295,533,380
97$334,726,735$12,244,009$1,332,439$325,366,438
98$368,615,272$12,590,375$1,123,486$358,233,968
99$405,952,451$12,945,724$899,544$394,445,263
100$447,089,783$13,310,247$659,861$434,341,161