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%12.1%
1 years$129,649$128,494$127,368$126,268$125,194$124,093
2 years$64,183$62,987$61,829$60,706$59,616$58,507
3 years$42,363$41,163$40,007$38,895$37,823$36,740
4 years$31,456$30,259$29,115$28,021$26,976$25,927
5 years$24,913$23,724$22,595$21,523$20,506$19,495
6 years$20,553$19,372$18,260$17,212$16,226$15,253
7 years$17,439$16,269$15,174$14,151$13,196$12,262
8 years$15,105$13,945$12,869$11,871$10,947$10,052
9 years$13,291$12,142$11,084$10,111$9,219$8,363
10 years$11,840$10,702$9,663$8,716$7,855$7,037
11 years$10,654$9,528$8,507$7,586$6,756$5,975
12 years$9,667$8,552$7,550$6,654$5,854$5,111
13 years$8,831$7,728$6,745$5,874$5,105$4,398
14 years$8,116$7,025$6,061$5,214$4,475$3,803
15 years$7,497$6,417$5,472$4,650$3,940$3,302
16 years$6,956$5,888$4,961$4,164$3,482$2,877
17 years$6,479$5,422$4,515$3,741$3,088$2,515
18 years$6,055$5,010$4,121$3,372$2,746$2,203
19 years$5,676$4,644$3,773$3,047$2,447$1,935
20 years$5,336$4,315$3,462$2,759$2,186$1,702
21 years$5,028$4,019$3,185$2,504$1,956$1,500
22 years$4,749$3,752$2,935$2,277$1,753$1,324
23 years$4,495$3,509$2,710$2,074$1,574$1,170
24 years$4,262$3,288$2,506$1,891$1,415$1,035
25 years$4,048$3,085$2,321$1,727$1,273$916
26 years$3,850$2,900$2,153$1,579$1,147$812
27 years$3,668$2,729$1,999$1,446$1,034$720
28 years$3,499$2,572$1,859$1,324$933$639
29 years$3,342$2,426$1,730$1,215$842$568
30 years$3,196$2,291$1,611$1,115$761$504
31 years$3,059$2,166$1,502$1,024$688$448
32 years$2,931$2,049$1,401$941$622$399
33 years$2,812$1,941$1,308$865$563$355
34 years$2,699$1,839$1,223$796$510$315
35 years$2,593$1,745$1,143$733$462$281
36 years$2,494$1,656$1,069$675$419$250
37 years$2,399$1,573$1,001$622$379$223
38 years$2,310$1,495$937$573$344$198
39 years$2,226$1,421$878$528$312$177
40 years$2,146$1,352$823$487$283$157
41 years$2,071$1,287$772$450$257$140
42 years$1,999$1,226$724$415$233$125
43 years$1,930$1,168$679$383$211$111
44 years$1,865$1,113$638$354$192$99
45 years$1,803$1,062$599$327$174$88
46 years$1,744$1,013$562$302$158$79
47 years$1,688$967$528$279$144$70
48 years$1,634$923$496$258$130$63
49 years$1,582$881$467$238$118$56
50 years$1,533$842$439$220$108$50

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 $4,287 every year, while hoping to spend $23,500 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: 32/41/27 Blend
44$1,570,000$1,570,000$1,570,000$1,570,000
45$1,734,562$1,651,352$1,627,017$1,775,644
46$1,886,484$1,707,264$1,656,518$1,863,315
47$2,053,113$1,765,129$1,686,220$1,955,299
48$2,235,927$1,825,016$1,716,105$2,053,913
49$2,436,550$1,887,000$1,746,152$2,159,755
50$2,656,772$1,951,157$1,776,342$2,273,485
51$2,898,564$2,017,566$1,806,652$2,395,825
52$3,164,100$2,086,309$1,837,057$2,527,571
53$3,455,772$2,157,472$1,867,532$2,669,595
54$3,776,216$2,231,143$1,898,049$2,822,858
55$4,128,335$2,307,414$1,928,579$2,988,414
56$4,515,330$2,386,382$1,959,091$3,167,426
57$4,940,724$2,468,145$1,989,551$3,361,168
58$5,408,400$2,552,807$2,019,924$3,571,045
59$5,922,637$2,640,474$2,050,171$3,798,602
60$6,488,147$2,731,258$2,080,252$4,045,535
61$7,110,123$2,825,275$2,110,126$4,313,716
62$7,794,287$2,922,645$2,139,746$4,605,200
63$8,546,941$3,023,491$2,169,065$4,922,251
64$9,375,032$3,127,945$2,198,032$5,267,359
65$10,286,212$3,236,141$2,226,592$5,643,266
66$11,288,912$3,348,219$2,254,690$6,052,989
67$12,392,423$3,464,324$2,282,264$6,499,852
68$13,606,982$3,584,607$2,309,251$6,987,511
69$14,943,867$3,709,226$2,335,584$7,519,992
70$16,415,507$3,838,344$2,361,192$8,101,728
71$18,035,597$3,972,130$2,386,000$8,737,602
72$19,819,226$4,110,762$2,409,929$9,432,988
73$21,783,020$4,254,423$2,432,895$10,193,805
74$23,945,302$4,403,304$2,454,811$11,026,572
75$26,326,260$4,557,603$2,475,584$11,938,468
76$28,948,139$4,717,526$2,495,117$12,937,399
77$31,835,453$4,883,289$2,513,307$14,032,073
78$35,015,213$5,055,114$2,530,047$15,232,083
79$38,517,184$5,233,233$2,545,222$16,547,991
80$42,374,164$5,417,889$2,558,714$17,991,435
81$46,622,295$5,609,332$2,570,397$19,575,234
82$51,301,403$5,807,823$2,580,140$21,313,506
83$56,455,375$6,013,635$2,587,803$23,221,808
84$62,132,571$6,227,051$2,593,242$25,317,273
85$68,386,281$6,448,364$2,596,304$27,618,778
86$75,275,230$6,677,882$2,596,828$30,147,120
87$82,864,128$6,915,923$2,594,646$32,925,207
88$91,224,284$7,162,819$2,589,582$35,978,281
89$100,434,280$7,418,915$2,581,452$39,334,148
90$110,580,705$7,684,571$2,570,060$43,023,445
91$121,758,984$7,960,161$2,555,203$47,079,927
92$134,074,267$8,246,076$2,536,669$51,540,782
93$147,642,428$8,542,719$2,514,233$56,446,984
94$162,591,158$8,850,515$2,487,663$61,843,678
95$179,061,169$9,169,903$2,456,712$67,780,607
96$197,207,520$9,501,341$2,421,124$74,312,577
97$217,201,086$9,845,306$2,380,631$81,499,974
98$239,230,166$10,202,294$2,334,950$89,409,335
99$263,502,260$10,572,824$2,283,789$98,113,975
100$290,246,033$10,957,434$2,226,838$107,694,676