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

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$132,952$131,768$130,613$129,485$128,384$127,096
2 years$65,818$64,592$63,404$62,252$61,135$59,838
3 years$43,443$42,212$41,027$39,886$38,787$37,520
4 years$32,257$31,030$29,857$28,735$27,663$26,437
5 years$25,548$24,328$23,170$22,072$21,029$19,848
6 years$21,076$19,866$18,725$17,651$16,639$15,504
7 years$17,884$16,683$15,561$14,512$13,532$12,443
8 years$15,490$14,300$13,197$12,173$11,226$10,183
9 years$13,630$12,451$11,366$10,369$9,454$8,457
10 years$12,142$10,975$9,909$8,938$8,055$7,104
11 years$10,926$9,770$8,724$7,779$6,928$6,021
12 years$9,913$8,769$7,742$6,823$6,004$5,140
13 years$9,056$7,925$6,917$6,024$5,235$4,414
14 years$8,323$7,204$6,215$5,347$4,589$3,809
15 years$7,688$6,581$5,611$4,769$4,041$3,301
16 years$7,133$6,038$5,088$4,270$3,571$2,871
17 years$6,644$5,560$4,630$3,837$3,166$2,504
18 years$6,209$5,138$4,226$3,458$2,815$2,189
19 years$5,821$4,762$3,869$3,124$2,509$1,918
20 years$5,472$4,425$3,551$2,830$2,242$1,684
21 years$5,157$4,122$3,266$2,568$2,006$1,481
22 years$4,870$3,847$3,010$2,335$1,798$1,304
23 years$4,609$3,598$2,779$2,126$1,614$1,149
24 years$4,370$3,372$2,570$1,939$1,451$1,015
25 years$4,151$3,164$2,381$1,771$1,305$896
26 years$3,949$2,974$2,208$1,619$1,176$792
27 years$3,762$2,799$2,050$1,482$1,060$701
28 years$3,588$2,637$1,906$1,358$957$621
29 years$3,427$2,488$1,774$1,245$864$550
30 years$3,277$2,349$1,652$1,143$780$487
31 years$3,137$2,221$1,540$1,050$706$432
32 years$3,006$2,102$1,437$965$638$383
33 years$2,883$1,990$1,342$887$578$340
34 years$2,768$1,886$1,254$816$523$302
35 years$2,659$1,789$1,172$751$474$268
36 years$2,557$1,698$1,096$692$429$238
37 years$2,461$1,613$1,026$638$389$211
38 years$2,369$1,533$961$588$353$188
39 years$2,283$1,457$900$542$320$167
40 years$2,201$1,387$844$500$290$148
41 years$2,123$1,320$791$461$263$132
42 years$2,050$1,257$742$426$239$117
43 years$1,980$1,198$697$393$217$104
44 years$1,913$1,142$654$363$197$93
45 years$1,849$1,089$614$335$179$82
46 years$1,789$1,039$577$309$162$73
47 years$1,731$991$542$286$147$65
48 years$1,675$946$509$264$134$58
49 years$1,623$904$479$244$121$51
50 years$1,572$863$450$226$110$46

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 $5,321 every year, while hoping to spend $40,468 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: 73/18/9 Blend
44$1,610,000$1,610,000$1,610,000$1,610,000
45$1,779,709$1,694,379$1,669,424$1,906,445
46$1,918,181$1,734,346$1,682,292$2,030,773
47$2,069,422$1,774,915$1,694,234$2,161,328
48$2,234,690$1,816,072$1,705,178$2,303,190
49$2,415,372$1,857,804$1,715,046$2,457,464
50$2,612,995$1,900,091$1,723,755$2,625,367
51$2,829,241$1,942,916$1,731,221$2,808,241
52$3,065,959$1,986,255$1,737,353$3,007,562
53$3,325,190$2,030,084$1,742,056$3,224,956
54$3,609,176$2,074,375$1,745,232$3,462,216
55$3,920,391$2,119,098$1,746,777$3,721,314
56$4,261,557$2,164,220$1,746,579$4,004,425
57$4,635,672$2,209,703$1,744,526$4,313,942
58$5,046,039$2,255,507$1,740,497$4,652,505
59$5,496,296$2,301,588$1,734,364$5,023,018
60$5,990,449$2,347,896$1,725,996$5,428,686
61$6,532,912$2,394,380$1,715,254$5,873,034
62$7,128,546$2,440,983$1,701,993$6,359,951
63$7,782,708$2,487,640$1,686,059$6,893,717
64$8,501,296$2,534,287$1,667,294$7,479,053
65$9,290,809$2,580,848$1,645,530$8,121,157
66$10,158,408$2,627,246$1,620,591$8,825,758
67$11,111,980$2,673,396$1,592,295$9,599,168
68$12,160,215$2,719,205$1,560,450$10,448,344
69$13,312,687$2,764,576$1,524,855$11,380,948
70$14,579,943$2,809,401$1,485,299$12,405,429
71$15,973,603$2,853,569$1,441,564$13,531,091
72$17,506,472$2,896,955$1,393,417$14,768,191
73$19,192,656$2,939,430$1,340,621$16,128,030
74$21,047,697$2,980,852$1,282,922$17,623,061
75$23,088,721$3,021,072$1,220,058$19,267,008
76$25,334,594$3,059,928$1,151,754$21,074,995
77$27,806,108$3,097,250$1,077,722$23,063,687
78$30,526,168$3,132,852$997,664$25,251,448
79$33,520,016$3,166,541$911,264$27,658,519
80$36,815,462$3,198,105$818,195$30,307,203
81$40,443,149$3,227,323$718,115$33,222,076
82$44,436,846$3,253,957$610,667$36,430,226
83$48,833,756$3,277,753$495,477$39,961,502
84$53,674,879$3,298,443$372,155$43,848,796
85$59,005,389$3,315,739$240,295$48,128,359
86$64,875,064$3,329,336$99,470$52,840,139
87$71,338,757$3,338,909$0$58,028,160
88$78,456,909$3,344,115$0$63,745,817
89$86,296,124$3,344,586$0$70,052,206
90$94,929,791$3,339,933$0$76,996,733
91$104,438,783$3,329,744$0$84,644,377
92$114,912,216$3,313,578$0$93,066,746
93$126,448,291$3,290,973$0$102,342,751
94$139,155,219$3,261,432$0$112,559,349
95$153,152,243$3,224,435$0$123,812,369
96$168,570,765$3,179,425$0$136,207,412
97$185,555,581$3,125,814$0$149,860,852
98$204,266,252$3,062,981$0$164,900,929
99$224,878,607$2,990,265$0$181,468,969
100$247,586,405$2,906,967$0$199,720,708