Can I retire at age 45 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$129,649$128,494$127,368$126,268$125,194$124,614
2 years$64,183$62,987$61,829$60,706$59,616$59,031
3 years$42,363$41,163$40,007$38,895$37,823$37,250
4 years$31,456$30,259$29,115$28,021$26,976$26,420
5 years$24,913$23,724$22,595$21,523$20,506$19,970
6 years$20,553$19,372$18,260$17,212$16,226$15,709
7 years$17,439$16,269$15,174$14,151$13,196$12,698
8 years$15,105$13,945$12,869$11,871$10,947$10,469
9 years$13,291$12,142$11,084$10,111$9,219$8,761
10 years$11,840$10,702$9,663$8,716$7,855$7,416
11 years$10,654$9,528$8,507$7,586$6,756$6,336
12 years$9,667$8,552$7,550$6,654$5,854$5,453
13 years$8,831$7,728$6,745$5,874$5,105$4,722
14 years$8,116$7,025$6,061$5,214$4,475$4,110
15 years$7,497$6,417$5,472$4,650$3,940$3,593
16 years$6,956$5,888$4,961$4,164$3,482$3,152
17 years$6,479$5,422$4,515$3,741$3,088$2,774
18 years$6,055$5,010$4,121$3,372$2,746$2,448
19 years$5,676$4,644$3,773$3,047$2,447$2,165
20 years$5,336$4,315$3,462$2,759$2,186$1,919
21 years$5,028$4,019$3,185$2,504$1,956$1,703
22 years$4,749$3,752$2,935$2,277$1,753$1,515
23 years$4,495$3,509$2,710$2,074$1,574$1,349
24 years$4,262$3,288$2,506$1,891$1,415$1,202
25 years$4,048$3,085$2,321$1,727$1,273$1,073
26 years$3,850$2,900$2,153$1,579$1,147$958
27 years$3,668$2,729$1,999$1,446$1,034$856
28 years$3,499$2,572$1,859$1,324$933$766
29 years$3,342$2,426$1,730$1,215$842$686
30 years$3,196$2,291$1,611$1,115$761$614
31 years$3,059$2,166$1,502$1,024$688$550
32 years$2,931$2,049$1,401$941$622$493
33 years$2,812$1,941$1,308$865$563$443
34 years$2,699$1,839$1,223$796$510$397
35 years$2,593$1,745$1,143$733$462$356
36 years$2,494$1,656$1,069$675$419$320
37 years$2,399$1,573$1,001$622$379$287
38 years$2,310$1,495$937$573$344$258
39 years$2,226$1,421$878$528$312$232
40 years$2,146$1,352$823$487$283$208
41 years$2,071$1,287$772$450$257$187
42 years$1,999$1,226$724$415$233$168
43 years$1,930$1,168$679$383$211$151
44 years$1,865$1,113$638$354$192$136
45 years$1,803$1,062$599$327$174$122
46 years$1,744$1,013$562$302$158$110
47 years$1,688$967$528$279$144$99
48 years$1,634$923$496$258$130$89
49 years$1,582$881$467$238$118$80
50 years$1,533$842$439$220$108$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,570,000, adding $3,194 every year, while hoping to spend $24,711 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: 71/19/10 Blend
44$1,570,000$1,570,000$1,570,000$1,570,000
45$1,733,435$1,650,225$1,625,890$1,852,936
46$1,883,953$1,704,793$1,654,065$1,987,009
47$2,048,995$1,761,208$1,682,355$2,130,380
48$2,230,018$1,819,532$1,710,739$2,286,647
49$2,428,624$1,879,833$1,739,193$2,457,074
50$2,646,578$1,942,180$1,767,691$2,643,055
51$2,885,827$2,006,644$1,796,206$2,846,123
52$3,148,511$2,073,300$1,824,709$3,067,966
53$3,436,992$2,142,224$1,853,170$3,310,443
54$3,753,869$2,213,497$1,881,555$3,575,600
55$4,102,006$2,287,201$1,909,829$3,865,692
56$4,484,558$2,363,421$1,937,956$4,183,199
57$4,905,001$2,442,246$1,965,895$4,530,857
58$5,367,164$2,523,770$1,993,606$4,911,674
59$5,875,266$2,608,086$2,021,043$5,328,966
60$6,433,956$2,695,294$2,048,160$5,786,385
61$7,048,352$2,785,497$2,074,907$6,287,953
62$7,724,099$2,878,801$2,101,231$6,838,100
63$8,467,411$2,975,316$2,127,076$7,441,706
64$9,285,138$3,075,158$2,152,384$8,104,146
65$10,184,826$3,178,444$2,177,093$8,831,343
66$11,174,789$3,285,299$2,201,136$9,629,819
67$12,264,189$3,395,849$2,224,445$10,506,760
68$13,463,118$3,510,228$2,246,946$11,470,084
69$14,782,700$3,628,573$2,268,562$12,528,512
70$16,235,189$3,751,026$2,289,213$13,691,652
71$17,834,088$3,877,737$2,308,811$14,970,092
72$19,594,277$4,008,858$2,327,268$16,375,493
73$21,532,150$4,144,548$2,344,489$17,920,705
74$23,665,772$4,284,975$2,360,372$19,619,887
75$26,015,051$4,430,308$2,374,814$21,488,636
76$28,601,919$4,580,727$2,387,705$23,544,140
77$31,450,549$4,736,416$2,398,926$25,805,333
78$34,587,573$4,897,568$2,408,358$28,293,082
79$38,042,338$5,064,382$2,415,871$31,030,374
80$41,847,186$5,237,066$2,421,332$34,042,540
81$46,037,750$5,415,833$2,424,597$37,357,491
82$50,653,299$5,600,908$2,425,520$41,005,981
83$55,737,105$5,792,522$2,423,945$45,021,895
84$61,336,850$5,990,916$2,419,707$49,442,574
85$67,505,078$6,196,340$2,412,637$54,309,160
86$74,299,689$6,409,053$2,402,553$59,666,989
87$81,784,486$6,629,326$2,389,267$65,566,017
88$90,029,779$6,857,438$2,372,583$72,061,292
89$99,113,045$7,093,682$2,352,294$79,213,469
90$109,119,662$7,338,358$2,328,181$87,089,387
91$120,143,711$7,591,782$2,300,019$95,762,699
92$132,288,870$7,854,279$2,267,570$105,314,564
93$145,669,386$8,126,190$2,230,585$115,834,412
94$160,411,156$8,407,866$2,188,802$127,420,794
95$176,652,917$8,699,674$2,141,950$140,182,303
96$194,547,552$9,001,996$2,089,743$154,238,605
97$214,263,535$9,315,226$2,031,882$169,721,567
98$235,986,520$9,639,777$1,968,055$186,776,497
99$259,921,096$9,976,076$1,897,935$205,563,522
100$286,292,712$10,324,569$1,821,181$226,259,092