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

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$134,604$133,405$132,235$131,093$129,978$129,159
2 years$66,636$65,395$64,192$63,026$61,895$61,068
3 years$43,982$42,736$41,536$40,381$39,268$38,461
4 years$32,658$31,416$30,228$29,092$28,007$27,223
5 years$25,865$24,630$23,458$22,346$21,290$20,534
6 years$21,338$20,112$18,958$17,870$16,846$16,118
7 years$18,106$16,890$15,754$14,692$13,700$13,001
8 years$15,683$14,478$13,361$12,325$11,366$10,694
9 years$13,799$12,606$11,507$10,498$9,572$8,928
10 years$12,293$11,111$10,032$9,049$8,156$7,540
11 years$11,061$9,892$8,832$7,876$7,014$6,426
12 years$10,036$8,878$7,839$6,908$6,078$5,517
13 years$9,169$8,023$7,003$6,099$5,300$4,765
14 years$8,426$7,293$6,292$5,414$4,646$4,137
15 years$7,784$6,662$5,681$4,828$4,091$3,607
16 years$7,222$6,113$5,151$4,323$3,616$3,156
17 years$6,726$5,629$4,687$3,884$3,206$2,770
18 years$6,286$5,202$4,279$3,500$2,850$2,437
19 years$5,893$4,821$3,917$3,163$2,541$2,149
20 years$5,540$4,480$3,595$2,865$2,269$1,899
21 years$5,221$4,173$3,306$2,600$2,031$1,681
22 years$4,931$3,895$3,047$2,364$1,820$1,490
23 years$4,666$3,643$2,814$2,153$1,634$1,323
24 years$4,425$3,413$2,602$1,964$1,469$1,176
25 years$4,202$3,203$2,410$1,793$1,322$1,046
26 years$3,998$3,011$2,235$1,640$1,190$931
27 years$3,808$2,833$2,076$1,501$1,073$830
28 years$3,633$2,670$1,930$1,375$968$740
29 years$3,470$2,519$1,796$1,261$875$660
30 years$3,318$2,379$1,673$1,157$790$589
31 years$3,176$2,249$1,559$1,063$714$527
32 years$3,043$2,128$1,455$977$646$471
33 years$2,919$2,015$1,358$898$585$421
34 years$2,802$1,910$1,269$826$529$376
35 years$2,692$1,811$1,187$761$480$336
36 years$2,589$1,719$1,110$701$435$301
37 years$2,491$1,633$1,039$646$394$269
38 years$2,399$1,552$973$595$357$241
39 years$2,311$1,476$912$549$324$216
40 years$2,228$1,404$854$506$294$193
41 years$2,150$1,336$801$467$266$173
42 years$2,075$1,273$752$431$242$155
43 years$2,004$1,213$705$398$219$139
44 years$1,937$1,156$662$367$199$125
45 years$1,872$1,102$622$339$181$112
46 years$1,811$1,052$584$313$164$100
47 years$1,752$1,003$548$289$149$90
48 years$1,696$958$515$267$135$80
49 years$1,643$915$484$247$123$72
50 years$1,591$874$455$228$112$65

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 $5,870 every year, while hoping to spend $26,709 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: 54/23/23 Blend
44$1,630,000$1,630,000$1,630,000$1,630,000
45$1,802,315$1,715,925$1,690,660$1,887,953
46$1,957,733$1,771,587$1,718,879$2,003,129
47$2,128,108$1,829,081$1,747,148$2,125,174
48$2,314,939$1,888,470$1,775,441$2,257,475
49$2,519,873$1,949,816$1,803,729$2,401,023
50$2,744,729$2,013,185$1,831,982$2,556,908
51$2,991,506$2,078,646$1,860,168$2,726,329
52$3,262,409$2,146,269$1,888,254$2,910,607
53$3,559,866$2,216,128$1,916,202$3,111,196
54$3,886,552$2,288,297$1,943,974$3,329,696
55$4,245,412$2,362,856$1,971,529$3,567,870
56$4,639,692$2,439,884$1,998,823$3,827,659
57$5,072,969$2,519,466$2,025,812$4,111,200
58$5,549,180$2,601,689$2,052,445$4,420,846
59$6,072,667$2,686,642$2,078,672$4,759,189
60$6,648,209$2,774,417$2,104,438$5,129,084
61$7,281,075$2,865,112$2,129,685$5,533,675
62$7,977,067$2,958,825$2,154,352$5,976,426
63$8,742,581$3,055,660$2,178,375$6,461,150
64$9,584,660$3,155,724$2,201,687$6,992,051
65$10,511,067$3,259,126$2,224,215$7,573,756
66$11,530,353$3,365,981$2,245,884$8,211,364
67$12,651,943$3,476,407$2,266,614$8,910,493
68$13,886,217$3,590,527$2,286,322$9,677,330
69$15,244,617$3,708,468$2,304,919$10,518,694
70$16,739,746$3,830,362$2,322,313$11,442,095
71$18,385,494$3,956,344$2,338,404$12,455,807
72$20,197,165$4,086,555$2,353,091$13,568,947
73$22,191,621$4,221,141$2,366,265$14,791,560
74$24,387,443$4,360,255$2,377,812$16,134,711
75$26,805,107$4,504,051$2,387,613$17,610,596
76$29,467,171$4,652,693$2,395,541$19,232,648
77$32,398,496$4,806,349$2,401,466$21,015,670
78$35,626,475$4,965,192$2,405,247$22,975,972
79$39,181,293$5,129,404$2,406,740$25,131,526
80$43,096,212$5,299,171$2,405,792$27,502,134
81$47,407,882$5,474,687$2,402,243$30,109,617
82$52,156,692$5,656,153$2,395,925$32,978,015
83$57,387,147$5,843,777$2,386,660$36,133,823
84$63,148,288$6,037,774$2,374,266$39,606,231
85$69,494,157$6,238,368$2,358,547$43,427,406
86$76,484,303$6,445,791$2,339,301$47,632,795
87$84,184,349$6,660,282$2,316,315$52,261,454
88$92,666,608$6,882,091$2,289,366$57,356,423
89$102,010,764$7,111,475$2,258,221$62,965,127
90$112,304,626$7,348,702$2,222,637$69,139,828
91$123,644,959$7,594,049$2,182,356$75,938,112
92$136,138,392$7,847,804$2,137,111$83,423,441
93$149,902,426$8,110,265$2,086,623$91,665,741
94$165,066,546$8,381,741$2,030,598$100,742,072
95$181,773,440$8,662,553$1,968,729$110,737,349
96$200,180,346$8,953,032$1,900,696$121,745,145
97$220,460,535$9,253,525$1,826,163$133,868,576
98$242,804,950$9,564,388$1,744,780$147,221,270
99$267,424,005$9,885,993$1,656,180$161,928,442
100$294,549,571$10,218,725$1,559,980$178,128,078