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%17.8%
1 years$129,649$128,494$127,368$126,268$125,194$121,235
2 years$64,183$62,987$61,829$60,706$59,616$55,663
3 years$42,363$41,163$40,007$38,895$37,823$34,000
4 years$31,456$30,259$29,115$28,021$26,976$23,313
5 years$24,913$23,724$22,595$21,523$20,506$17,013
6 years$20,553$19,372$18,260$17,212$16,226$12,905
7 years$17,439$16,269$15,174$14,151$13,196$10,047
8 years$15,105$13,945$12,869$11,871$10,947$7,968
9 years$13,291$12,142$11,084$10,111$9,219$6,407
10 years$11,840$10,702$9,663$8,716$7,855$5,205
11 years$10,654$9,528$8,507$7,586$6,756$4,263
12 years$9,667$8,552$7,550$6,654$5,854$3,514
13 years$8,831$7,728$6,745$5,874$5,105$2,912
14 years$8,116$7,025$6,061$5,214$4,475$2,422
15 years$7,497$6,417$5,472$4,650$3,940$2,022
16 years$6,956$5,888$4,961$4,164$3,482$1,692
17 years$6,479$5,422$4,515$3,741$3,088$1,420
18 years$6,055$5,010$4,121$3,372$2,746$1,193
19 years$5,676$4,644$3,773$3,047$2,447$1,005
20 years$5,336$4,315$3,462$2,759$2,186$847
21 years$5,028$4,019$3,185$2,504$1,956$715
22 years$4,749$3,752$2,935$2,277$1,753$604
23 years$4,495$3,509$2,710$2,074$1,574$510
24 years$4,262$3,288$2,506$1,891$1,415$432
25 years$4,048$3,085$2,321$1,727$1,273$365
26 years$3,850$2,900$2,153$1,579$1,147$309
27 years$3,668$2,729$1,999$1,446$1,034$262
28 years$3,499$2,572$1,859$1,324$933$222
29 years$3,342$2,426$1,730$1,215$842$188
30 years$3,196$2,291$1,611$1,115$761$160
31 years$3,059$2,166$1,502$1,024$688$135
32 years$2,931$2,049$1,401$941$622$115
33 years$2,812$1,941$1,308$865$563$97
34 years$2,699$1,839$1,223$796$510$83
35 years$2,593$1,745$1,143$733$462$70
36 years$2,494$1,656$1,069$675$419$59
37 years$2,399$1,573$1,001$622$379$50
38 years$2,310$1,495$937$573$344$43
39 years$2,226$1,421$878$528$312$36
40 years$2,146$1,352$823$487$283$31
41 years$2,071$1,287$772$450$257$26
42 years$1,999$1,226$724$415$233$22
43 years$1,930$1,168$679$383$211$19
44 years$1,865$1,113$638$354$192$16
45 years$1,803$1,062$599$327$174$14
46 years$1,744$1,013$562$302$158$12
47 years$1,688$967$528$279$144$10
48 years$1,634$923$496$258$130$8
49 years$1,582$881$467$238$118$7
50 years$1,533$842$439$220$108$6

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 $2,762 every year, while hoping to spend $37,334 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: 33/46/21 Blend
44$1,570,000$1,570,000$1,570,000$1,570,000
45$1,732,989$1,649,779$1,625,444$1,778,901
46$1,870,031$1,690,895$1,640,173$1,854,467
47$2,019,800$1,732,775$1,654,145$1,932,252
48$2,183,554$1,775,415$1,667,294$2,015,314
49$2,362,680$1,818,814$1,679,551$2,104,141
50$2,558,704$1,862,967$1,690,847$2,199,271
51$2,773,305$1,907,866$1,701,104$2,301,294
52$3,008,335$1,953,504$1,710,243$2,410,863
53$3,265,831$1,999,871$1,718,182$2,528,696
54$3,548,036$2,046,955$1,724,832$2,655,585
55$3,857,423$2,094,743$1,730,101$2,792,401
56$4,196,713$2,143,219$1,733,892$2,940,106
57$4,568,905$2,192,363$1,736,104$3,099,759
58$4,977,299$2,242,155$1,736,630$3,272,528
59$5,425,535$2,292,572$1,735,359$3,459,701
60$5,917,618$2,343,587$1,732,172$3,662,695
61$6,457,962$2,395,170$1,726,946$3,883,075
62$7,051,429$2,447,287$1,719,554$4,122,566
63$7,703,374$2,499,904$1,709,858$4,383,067
64$8,419,697$2,552,978$1,697,717$4,666,675
65$9,206,899$2,606,467$1,682,983$4,975,700
66$10,072,140$2,660,320$1,665,500$5,312,688
67$11,023,308$2,714,486$1,645,105$5,680,448
68$12,069,096$2,768,906$1,621,626$6,082,075
69$13,219,078$2,823,517$1,594,885$6,520,982
70$14,483,805$2,878,251$1,564,695$7,000,933
71$15,874,900$2,933,032$1,530,859$7,526,076
72$17,405,170$2,987,781$1,493,173$8,100,985
73$19,088,725$3,042,410$1,451,422$8,730,703
74$20,941,112$3,096,824$1,405,381$9,420,789
75$22,979,460$3,150,924$1,354,816$10,177,374
76$25,222,644$3,204,598$1,299,482$11,007,216
77$27,691,460$3,257,730$1,239,121$11,917,764
78$30,408,823$3,310,192$1,173,465$12,917,232
79$33,399,981$3,361,849$1,102,234$14,014,677
80$36,692,755$3,412,556$1,025,135$15,220,082
81$40,317,800$3,462,155$941,861$16,544,454
82$44,308,894$3,510,480$852,092$17,999,925
83$48,703,259$3,557,351$755,495$19,599,874
84$53,541,907$3,602,577$651,719$21,359,046
85$58,870,031$3,645,952$540,401$23,293,699
86$64,737,430$3,687,259$421,160$25,421,755
87$71,198,976$3,726,264$293,598$27,762,971
88$78,315,138$3,762,717$157,300$30,339,125
89$86,152,545$3,796,353$11,832$33,174,227
90$94,784,619$3,826,889$0$36,294,742
91$104,292,268$3,854,023$0$39,761,980
92$114,764,644$3,877,436$0$43,580,884
93$126,299,991$3,896,784$0$47,784,363
94$139,006,569$3,911,704$0$52,411,610
95$153,003,672$3,921,811$0$57,505,821
96$168,422,761$3,926,695$0$63,114,604
97$185,408,698$3,925,917$0$69,290,427
98$204,121,114$3,919,017$0$76,091,119
99$224,735,920$3,905,501$0$83,580,412
100$247,446,962$3,884,848$0$91,828,548