Can I retire at age 45 with 1,610,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$132,952$131,768$130,613$129,485$128,384$127,043
2 years$65,818$64,592$63,404$62,252$61,135$59,785
3 years$43,443$42,212$41,027$39,886$38,787$37,469
4 years$32,257$31,030$29,857$28,735$27,663$26,388
5 years$25,548$24,328$23,170$22,072$21,029$19,800
6 years$21,076$19,866$18,725$17,651$16,639$15,459
7 years$17,884$16,683$15,561$14,512$13,532$12,400
8 years$15,490$14,300$13,197$12,173$11,226$10,142
9 years$13,630$12,451$11,366$10,369$9,454$8,418
10 years$12,142$10,975$9,909$8,938$8,055$7,066
11 years$10,926$9,770$8,724$7,779$6,928$5,985
12 years$9,913$8,769$7,742$6,823$6,004$5,106
13 years$9,056$7,925$6,917$6,024$5,235$4,382
14 years$8,323$7,204$6,215$5,347$4,589$3,780
15 years$7,688$6,581$5,611$4,769$4,041$3,273
16 years$7,133$6,038$5,088$4,270$3,571$2,844
17 years$6,644$5,560$4,630$3,837$3,166$2,479
18 years$6,209$5,138$4,226$3,458$2,815$2,166
19 years$5,821$4,762$3,869$3,124$2,509$1,897
20 years$5,472$4,425$3,551$2,830$2,242$1,664
21 years$5,157$4,122$3,266$2,568$2,006$1,462
22 years$4,870$3,847$3,010$2,335$1,798$1,286
23 years$4,609$3,598$2,779$2,126$1,614$1,133
24 years$4,370$3,372$2,570$1,939$1,451$999
25 years$4,151$3,164$2,381$1,771$1,305$882
26 years$3,949$2,974$2,208$1,619$1,176$779
27 years$3,762$2,799$2,050$1,482$1,060$689
28 years$3,588$2,637$1,906$1,358$957$609
29 years$3,427$2,488$1,774$1,245$864$539
30 years$3,277$2,349$1,652$1,143$780$478
31 years$3,137$2,221$1,540$1,050$706$423
32 years$3,006$2,102$1,437$965$638$375
33 years$2,883$1,990$1,342$887$578$333
34 years$2,768$1,886$1,254$816$523$295
35 years$2,659$1,789$1,172$751$474$262
36 years$2,557$1,698$1,096$692$429$232
37 years$2,461$1,613$1,026$638$389$206
38 years$2,369$1,533$961$588$353$183
39 years$2,283$1,457$900$542$320$162
40 years$2,201$1,387$844$500$290$144
41 years$2,123$1,320$791$461$263$128
42 years$2,050$1,257$742$426$239$114
43 years$1,980$1,198$697$393$217$101
44 years$1,913$1,142$654$363$197$90
45 years$1,849$1,089$614$335$179$80
46 years$1,789$1,039$577$309$162$71
47 years$1,731$991$542$286$147$63
48 years$1,675$946$509$264$134$56
49 years$1,623$904$479$244$121$50
50 years$1,572$863$450$226$110$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,610,000, adding $2,606 every year, while hoping to spend $44,567 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: 46/27/27 Blend
44$1,610,000$1,610,000$1,610,000$1,610,000
45$1,776,908$1,691,578$1,666,623$1,844,733
46$1,910,734$1,727,046$1,675,036$1,928,432
47$2,056,716$1,762,759$1,682,237$2,014,661
48$2,216,048$1,798,681$1,688,139$2,107,357
49$2,390,042$1,834,774$1,692,649$2,207,149
50$2,580,144$1,870,996$1,695,670$2,314,732
51$2,787,946$1,907,301$1,697,102$2,430,870
52$3,015,199$1,943,642$1,696,838$2,556,409
53$3,263,833$1,979,964$1,694,766$2,692,280
54$3,535,971$2,016,210$1,690,768$2,839,511
55$3,833,954$2,052,317$1,684,722$2,999,237
56$4,160,356$2,088,220$1,676,499$3,172,707
57$4,518,014$2,123,844$1,665,964$3,361,302
58$4,910,053$2,159,114$1,652,974$3,566,544
59$5,339,912$2,193,944$1,637,383$3,790,113
60$5,811,381$2,228,246$1,619,033$4,033,860
61$6,328,634$2,261,922$1,597,763$4,299,828
62$6,896,269$2,294,870$1,573,402$4,590,272
63$7,519,349$2,326,979$1,545,772$4,907,678
64$8,203,452$2,358,131$1,514,685$5,254,787
65$8,954,724$2,388,199$1,479,947$5,634,625
66$9,779,933$2,417,048$1,441,352$6,050,527
67$10,686,535$2,444,532$1,398,686$6,506,173
68$11,682,746$2,470,499$1,351,727$7,005,621
69$12,777,615$2,494,783$1,300,239$7,553,347
70$13,981,113$2,517,208$1,243,978$8,154,287
71$15,304,223$2,537,588$1,182,688$8,813,885
72$16,759,047$2,555,723$1,116,101$9,538,145
73$18,358,918$2,571,401$1,043,938$10,333,687
74$20,118,525$2,584,396$965,907$11,207,812
75$22,054,051$2,594,469$881,702$12,168,571
76$24,183,330$2,601,364$791,005$13,224,844
77$26,526,008$2,604,809$693,482$14,386,418
78$29,103,732$2,604,516$588,785$15,664,091
79$31,940,355$2,600,179$476,551$17,069,763
80$35,062,156$2,591,473$356,400$18,616,561
81$38,498,094$2,578,052$227,937$20,318,955
82$42,280,074$2,559,552$90,748$22,192,901
83$46,443,254$2,535,583$0$24,255,990
84$51,026,373$2,505,733$0$26,543,651
85$56,072,116$2,469,567$0$29,090,178
86$61,627,519$2,426,622$0$31,893,108
87$67,744,407$2,376,409$0$34,978,576
88$74,479,891$2,318,407$0$38,375,382
89$81,896,900$2,252,069$0$42,115,269
90$90,064,775$2,176,811$0$46,233,224
91$99,059,927$2,092,020$0$50,767,804
92$108,966,553$1,997,043$0$55,761,505
93$119,877,435$1,891,191$0$61,261,163
94$131,894,809$1,773,736$0$67,318,397
95$145,131,337$1,643,906$0$73,990,098
96$159,711,164$1,500,888$0$81,338,963
97$175,771,090$1,343,819$0$89,434,097
98$193,461,864$1,171,789$0$98,351,656
99$212,949,605$983,837$0$108,175,575
100$234,417,366$778,946$0$118,998,359