Can I retire at age 45 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$134,604$133,405$132,235$131,093$129,978$124,920
2 years$66,636$65,395$64,192$63,026$61,895$56,859
3 years$43,982$42,736$41,536$40,381$39,268$34,415
4 years$32,658$31,416$30,228$29,092$28,007$23,372
5 years$25,865$24,630$23,458$22,346$21,290$16,886
6 years$21,338$20,112$18,958$17,870$16,846$12,676
7 years$18,106$16,890$15,754$14,692$13,700$9,762
8 years$15,683$14,478$13,361$12,325$11,366$7,656
9 years$13,799$12,606$11,507$10,498$9,572$6,084
10 years$12,293$11,111$10,032$9,049$8,156$4,884
11 years$11,061$9,892$8,832$7,876$7,014$3,951
12 years$10,036$8,878$7,839$6,908$6,078$3,216
13 years$9,169$8,023$7,003$6,099$5,300$2,630
14 years$8,426$7,293$6,292$5,414$4,646$2,159
15 years$7,784$6,662$5,681$4,828$4,091$1,778
16 years$7,222$6,113$5,151$4,323$3,616$1,468
17 years$6,726$5,629$4,687$3,884$3,206$1,215
18 years$6,286$5,202$4,279$3,500$2,850$1,006
19 years$5,893$4,821$3,917$3,163$2,541$835
20 years$5,540$4,480$3,595$2,865$2,269$694
21 years$5,221$4,173$3,306$2,600$2,031$577
22 years$4,931$3,895$3,047$2,364$1,820$480
23 years$4,666$3,643$2,814$2,153$1,634$400
24 years$4,425$3,413$2,602$1,964$1,469$333
25 years$4,202$3,203$2,410$1,793$1,322$278
26 years$3,998$3,011$2,235$1,640$1,190$232
27 years$3,808$2,833$2,076$1,501$1,073$193
28 years$3,633$2,670$1,930$1,375$968$161
29 years$3,470$2,519$1,796$1,261$875$135
30 years$3,318$2,379$1,673$1,157$790$112
31 years$3,176$2,249$1,559$1,063$714$94
32 years$3,043$2,128$1,455$977$646$78
33 years$2,919$2,015$1,358$898$585$65
34 years$2,802$1,910$1,269$826$529$55
35 years$2,692$1,811$1,187$761$480$46
36 years$2,589$1,719$1,110$701$435$38
37 years$2,491$1,633$1,039$646$394$32
38 years$2,399$1,552$973$595$357$27
39 years$2,311$1,476$912$549$324$22
40 years$2,228$1,404$854$506$294$19
41 years$2,150$1,336$801$467$266$15
42 years$2,075$1,273$752$431$242$13
43 years$2,004$1,213$705$398$219$11
44 years$1,937$1,156$662$367$199$9
45 years$1,872$1,102$622$339$181$8
46 years$1,811$1,052$584$313$164$6
47 years$1,752$1,003$548$289$149$5
48 years$1,696$958$515$267$135$4
49 years$1,643$915$484$247$123$4
50 years$1,591$874$455$228$112$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,630,000, adding $3,611 every year, while hoping to spend $51,107 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: 64/15/21 Blend
44$1,630,000$1,630,000$1,630,000$1,630,000
45$1,799,985$1,713,595$1,688,330$1,905,257
46$1,929,206$1,743,183$1,690,511$2,006,152
47$2,069,894$1,772,509$1,691,053$2,110,246
48$2,223,166$1,801,505$1,689,846$2,222,787
49$2,390,250$1,830,099$1,686,776$2,344,605
50$2,572,496$1,858,214$1,681,724$2,476,617
51$2,771,391$1,885,768$1,674,563$2,619,830
52$2,988,574$1,912,672$1,665,162$2,775,357
53$3,225,847$1,938,830$1,653,382$2,944,424
54$3,485,193$1,964,143$1,639,080$3,128,384
55$3,768,797$1,988,500$1,622,104$3,328,728
56$4,079,064$2,011,787$1,602,295$3,547,098
57$4,418,643$2,033,878$1,579,486$3,785,308
58$4,790,450$2,054,643$1,553,503$4,045,356
59$5,197,695$2,073,941$1,524,166$4,329,445
60$5,643,916$2,091,620$1,491,281$4,640,005
61$6,133,008$2,107,522$1,454,651$4,979,715
62$6,669,259$2,121,475$1,414,067$5,351,527
63$7,257,395$2,133,298$1,369,309$5,758,697
64$7,902,618$2,142,799$1,320,150$6,204,817
65$8,610,661$2,149,771$1,266,351$6,693,845
66$9,387,836$2,153,998$1,207,661$7,230,144
67$10,241,098$2,155,247$1,143,821$7,818,528
68$11,178,108$2,153,271$1,074,556$8,464,300
69$12,207,303$2,147,810$999,582$9,173,310
70$13,337,981$2,138,586$918,601$9,952,005
71$14,580,382$2,125,304$831,302$10,807,496
72$15,945,789$2,107,652$737,358$11,747,620
73$17,446,631$2,085,298$636,431$12,781,018
74$19,096,602$2,057,892$528,166$13,917,215
75$20,910,788$2,025,061$412,192$15,166,712
76$22,905,810$1,986,410$288,122$16,541,088
77$25,099,981$1,941,523$155,552$18,053,103
78$27,513,477$1,889,956$14,062$19,716,829
79$30,168,530$1,831,242$0$21,547,773
80$33,089,630$1,764,883$0$23,593,717
81$36,303,767$1,690,357$0$25,848,181
82$39,840,673$1,607,107$0$28,328,894
83$43,733,113$1,514,546$0$31,058,871
84$48,017,185$1,412,053$0$34,063,473
85$52,732,666$1,298,972$0$37,370,650
86$57,923,385$1,174,609$0$41,011,202
87$63,637,635$1,038,229$0$45,019,076
88$69,928,629$889,058$0$49,431,677
89$76,855,003$726,276$0$54,290,231
90$84,481,368$549,017$0$59,640,168
91$92,878,917$356,369$0$65,531,558
92$102,126,100$147,364$0$72,019,574
93$112,309,363$0$0$79,165,025
94$123,523,959$0$0$87,047,963
95$135,874,855$0$0$95,756,565
96$149,477,712$0$0$105,348,081
97$164,459,985$0$0$115,912,398
98$180,962,119$0$0$127,548,569
99$199,138,879$0$0$140,365,741
100$219,160,804$0$0$154,484,193