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%15.7%
1 years$129,649$128,494$127,368$126,268$125,194$122,267
2 years$64,183$62,987$61,829$60,706$59,616$56,684
3 years$42,363$41,163$40,007$38,895$37,823$34,977
4 years$31,456$30,259$29,115$28,021$26,976$24,238
5 years$24,913$23,724$22,595$21,523$20,506$17,885
6 years$20,553$19,372$18,260$17,212$16,226$13,723
7 years$17,439$16,269$15,174$14,151$13,196$10,812
8 years$15,105$13,945$12,869$11,871$10,947$8,681
9 years$13,291$12,142$11,084$10,111$9,219$7,069
10 years$11,840$10,702$9,663$8,716$7,855$5,819
11 years$10,654$9,528$8,507$7,586$6,756$4,831
12 years$9,667$8,552$7,550$6,654$5,854$4,037
13 years$8,831$7,728$6,745$5,874$5,105$3,393
14 years$8,116$7,025$6,061$5,214$4,475$2,864
15 years$7,497$6,417$5,472$4,650$3,940$2,426
16 years$6,956$5,888$4,961$4,164$3,482$2,061
17 years$6,479$5,422$4,515$3,741$3,088$1,756
18 years$6,055$5,010$4,121$3,372$2,746$1,499
19 years$5,676$4,644$3,773$3,047$2,447$1,282
20 years$5,336$4,315$3,462$2,759$2,186$1,098
21 years$5,028$4,019$3,185$2,504$1,956$942
22 years$4,749$3,752$2,935$2,277$1,753$809
23 years$4,495$3,509$2,710$2,074$1,574$695
24 years$4,262$3,288$2,506$1,891$1,415$598
25 years$4,048$3,085$2,321$1,727$1,273$514
26 years$3,850$2,900$2,153$1,579$1,147$443
27 years$3,668$2,729$1,999$1,446$1,034$382
28 years$3,499$2,572$1,859$1,324$933$329
29 years$3,342$2,426$1,730$1,215$842$284
30 years$3,196$2,291$1,611$1,115$761$245
31 years$3,059$2,166$1,502$1,024$688$211
32 years$2,931$2,049$1,401$941$622$182
33 years$2,812$1,941$1,308$865$563$157
34 years$2,699$1,839$1,223$796$510$136
35 years$2,593$1,745$1,143$733$462$117
36 years$2,494$1,656$1,069$675$419$101
37 years$2,399$1,573$1,001$622$379$87
38 years$2,310$1,495$937$573$344$76
39 years$2,226$1,421$878$528$312$65
40 years$2,146$1,352$823$487$283$56
41 years$2,071$1,287$772$450$257$49
42 years$1,999$1,226$724$415$233$42
43 years$1,930$1,168$679$383$211$36
44 years$1,865$1,113$638$354$192$31
45 years$1,803$1,062$599$327$174$27
46 years$1,744$1,013$562$302$158$23
47 years$1,688$967$528$279$144$20
48 years$1,634$923$496$258$130$18
49 years$1,582$881$467$238$118$15
50 years$1,533$842$439$220$108$13

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 $2,830 every year, while hoping to spend $20,959 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: 61/30/9 Blend
44$1,570,000$1,570,000$1,570,000$1,570,000
45$1,733,059$1,649,849$1,625,514$1,835,168
46$1,887,531$1,708,392$1,657,669$1,962,437
47$2,057,056$1,769,100$1,690,198$2,098,583
48$2,243,149$1,832,059$1,723,092$2,246,609
49$2,447,475$1,897,355$1,756,341$2,407,662
50$2,671,872$1,965,080$1,789,933$2,583,005
51$2,918,363$2,035,328$1,823,855$2,774,027
52$3,189,174$2,108,198$1,858,093$2,982,254
53$3,486,763$2,183,792$1,892,632$3,209,369
54$3,813,833$2,262,218$1,927,455$3,457,221
55$4,173,363$2,343,586$1,962,544$3,727,847
56$4,568,637$2,428,013$1,997,881$4,023,489
57$5,003,272$2,515,619$2,033,443$4,346,612
58$5,481,250$2,606,529$2,069,208$4,699,935
59$6,006,964$2,700,875$2,105,153$5,086,445
60$6,585,249$2,798,793$2,141,250$5,509,436
61$7,221,434$2,900,424$2,177,472$5,972,532
62$7,921,392$3,005,916$2,213,789$6,479,724
63$8,691,592$3,115,424$2,250,169$7,035,406
64$9,539,163$3,229,108$2,286,577$7,644,417
65$10,471,957$3,347,134$2,322,978$8,312,087
66$11,498,631$3,469,677$2,359,331$9,044,285
67$12,628,719$3,596,919$2,395,597$9,847,473
68$13,872,728$3,729,049$2,431,730$10,728,771
69$15,242,237$3,866,263$2,467,683$11,696,019
70$16,750,003$4,008,767$2,503,407$12,757,852
71$18,410,081$4,156,774$2,538,850$13,923,783
72$20,237,962$4,310,509$2,573,954$15,204,289
73$22,250,714$4,470,204$2,608,662$16,610,911
74$24,467,144$4,636,101$2,642,909$18,156,363
75$26,907,976$4,808,453$2,676,629$19,854,648
76$29,596,045$4,987,523$2,709,752$21,721,194
77$32,556,517$5,173,586$2,742,204$23,772,998
78$35,817,119$5,366,930$2,773,905$26,028,780
79$39,408,408$5,567,852$2,804,774$28,509,169
80$43,364,053$5,776,665$2,834,721$31,236,889
81$47,721,158$5,993,693$2,863,656$34,236,973
82$52,520,608$6,219,275$2,891,480$37,537,004
83$57,807,456$6,453,765$2,918,090$41,167,370
84$63,631,349$6,697,533$2,943,379$45,161,550
85$70,046,997$6,950,963$2,967,233$49,556,433
86$77,114,687$7,214,455$2,989,531$54,392,658
87$84,900,852$7,488,431$3,010,147$59,715,006
88$93,478,700$7,773,326$3,028,949$65,572,813
89$102,928,905$8,069,596$3,045,796$72,020,439
90$113,340,365$8,377,718$3,060,542$79,117,782
91$124,811,045$8,698,188$3,073,033$86,930,836
92$137,448,897$9,031,526$3,083,105$95,532,318
93$151,372,886$9,378,271$3,090,590$105,002,352
94$166,714,103$9,738,989$3,095,308$115,429,223
95$183,617,011$10,114,270$3,097,071$126,910,210
96$202,240,806$10,504,729$3,095,682$139,552,502
97$222,760,915$10,911,008$3,090,935$153,474,209
98$245,370,660$11,333,778$3,082,612$168,805,476
99$270,283,075$11,773,741$3,070,487$185,689,710
100$297,732,921$12,231,626$3,054,321$204,284,929