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%13.1%
1 years$134,604$133,405$132,235$131,093$129,978$128,301
2 years$66,636$65,395$64,192$63,026$61,895$60,207
3 years$43,982$42,736$41,536$40,381$39,268$37,623
4 years$32,658$31,416$30,228$29,092$28,007$26,416
5 years$25,865$24,630$23,458$22,346$21,290$19,759
6 years$21,338$20,112$18,958$17,870$16,846$15,377
7 years$18,106$16,890$15,754$14,692$13,700$12,293
8 years$15,683$14,478$13,361$12,325$11,366$10,020
9 years$13,799$12,606$11,507$10,498$9,572$8,287
10 years$12,293$11,111$10,032$9,049$8,156$6,932
11 years$11,061$9,892$8,832$7,876$7,014$5,849
12 years$10,036$8,878$7,839$6,908$6,078$4,971
13 years$9,169$8,023$7,003$6,099$5,300$4,250
14 years$8,426$7,293$6,292$5,414$4,646$3,651
15 years$7,784$6,662$5,681$4,828$4,091$3,149
16 years$7,222$6,113$5,151$4,323$3,616$2,725
17 years$6,726$5,629$4,687$3,884$3,206$2,365
18 years$6,286$5,202$4,279$3,500$2,850$2,057
19 years$5,893$4,821$3,917$3,163$2,541$1,794
20 years$5,540$4,480$3,595$2,865$2,269$1,567
21 years$5,221$4,173$3,306$2,600$2,031$1,370
22 years$4,931$3,895$3,047$2,364$1,820$1,200
23 years$4,666$3,643$2,814$2,153$1,634$1,053
24 years$4,425$3,413$2,602$1,964$1,469$924
25 years$4,202$3,203$2,410$1,793$1,322$812
26 years$3,998$3,011$2,235$1,640$1,190$714
27 years$3,808$2,833$2,076$1,501$1,073$628
28 years$3,633$2,670$1,930$1,375$968$553
29 years$3,470$2,519$1,796$1,261$875$487
30 years$3,318$2,379$1,673$1,157$790$429
31 years$3,176$2,249$1,559$1,063$714$378
32 years$3,043$2,128$1,455$977$646$334
33 years$2,919$2,015$1,358$898$585$294
34 years$2,802$1,910$1,269$826$529$260
35 years$2,692$1,811$1,187$761$480$229
36 years$2,589$1,719$1,110$701$435$202
37 years$2,491$1,633$1,039$646$394$179
38 years$2,399$1,552$973$595$357$158
39 years$2,311$1,476$912$549$324$139
40 years$2,228$1,404$854$506$294$123
41 years$2,150$1,336$801$467$266$109
42 years$2,075$1,273$752$431$242$96
43 years$2,004$1,213$705$398$219$85
44 years$1,937$1,156$662$367$199$75
45 years$1,872$1,102$622$339$181$66
46 years$1,811$1,052$584$313$164$59
47 years$1,752$1,003$548$289$149$52
48 years$1,696$958$515$267$135$46
49 years$1,643$915$484$247$123$40
50 years$1,591$874$455$228$112$36

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 $4,577 every year, while hoping to spend $28,020 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: 54/16/30 Blend
44$1,630,000$1,630,000$1,630,000$1,630,000
45$1,800,981$1,714,591$1,689,326$1,882,936
46$1,954,868$1,768,793$1,716,106$1,994,431
47$2,123,513$1,824,712$1,742,843$2,112,532
48$2,308,390$1,882,402$1,769,507$2,240,569
49$2,511,126$1,941,919$1,796,066$2,379,510
50$2,733,510$2,003,323$1,822,483$2,530,418
51$2,977,514$2,066,672$1,848,722$2,694,466
52$3,245,310$2,132,028$1,874,744$2,872,943
53$3,539,290$2,199,456$1,900,506$3,067,272
54$3,862,089$2,269,020$1,925,965$3,279,017
55$4,216,609$2,340,790$1,951,072$3,509,904
56$4,606,050$2,414,835$1,975,780$3,761,831
57$5,033,933$2,491,228$2,000,034$4,036,891
58$5,504,139$2,570,043$2,023,780$4,337,389
59$6,020,944$2,651,358$2,046,959$4,665,862
60$6,589,057$2,735,251$2,069,509$5,025,110
61$7,213,668$2,821,806$2,091,365$5,418,213
62$7,900,494$2,911,106$2,112,457$5,848,566
63$8,655,833$3,003,239$2,132,714$6,319,911
64$9,486,626$3,098,296$2,152,058$6,836,367
65$10,400,519$3,196,370$2,170,409$7,402,477
66$11,405,936$3,297,556$2,187,682$8,023,242
67$12,512,160$3,401,954$2,203,787$8,704,177
68$13,729,417$3,509,666$2,218,631$9,451,354
69$15,068,976$3,620,799$2,232,113$10,271,467
70$16,543,253$3,735,460$2,244,131$11,171,891
71$18,165,931$3,853,763$2,254,575$12,160,752
72$19,952,082$3,975,823$2,263,329$13,247,005
73$21,918,317$4,101,761$2,270,274$14,440,516
74$24,082,938$4,231,701$2,275,281$15,752,159
75$26,466,113$4,365,769$2,278,218$17,193,914
76$29,090,063$4,504,099$2,278,945$18,778,985
77$31,979,275$4,646,825$2,277,315$20,521,921
78$35,160,730$4,794,089$2,273,174$22,438,754
79$38,664,160$4,946,035$2,266,361$24,547,150
80$42,522,327$5,102,813$2,256,707$26,866,579
81$46,771,331$5,264,577$2,244,033$29,418,494
82$51,450,953$5,431,487$2,228,154$32,226,537
83$56,605,028$5,603,708$2,208,875$35,316,762
84$62,281,860$5,781,409$2,185,992$38,717,877
85$68,534,677$5,964,766$2,159,290$42,461,522
86$75,422,134$6,153,959$2,128,546$46,582,561
87$83,008,864$6,349,175$2,093,525$51,119,416
88$91,366,091$6,550,608$2,053,981$56,114,428
89$100,572,301$6,758,456$2,009,658$61,614,254
90$110,713,981$6,972,926$1,960,286$67,670,314
91$121,886,436$7,194,228$1,905,585$74,339,270
92$134,194,690$7,422,582$1,845,259$81,683,565
93$147,754,474$7,658,215$1,779,002$89,772,012
94$162,693,322$7,901,359$1,706,490$98,680,443
95$179,151,771$8,152,256$1,627,388$108,492,426
96$197,284,690$8,411,155$1,541,343$119,300,052
97$217,262,739$8,678,312$1,447,988$131,204,807
98$239,273,981$8,953,992$1,346,939$144,318,530
99$263,525,659$9,238,470$1,237,793$158,764,469
100$290,246,149$9,532,027$1,120,132$174,678,442