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%12.4%
1 years$134,604$133,405$132,235$131,093$129,978$128,675
2 years$66,636$65,395$64,192$63,026$61,895$60,581
3 years$43,982$42,736$41,536$40,381$39,268$37,987
4 years$32,658$31,416$30,228$29,092$28,007$26,766
5 years$25,865$24,630$23,458$22,346$21,290$20,094
6 years$21,338$20,112$18,958$17,870$16,846$15,697
7 years$18,106$16,890$15,754$14,692$13,700$12,598
8 years$15,683$14,478$13,361$12,325$11,366$10,310
9 years$13,799$12,606$11,507$10,498$9,572$8,562
10 years$12,293$11,111$10,032$9,049$8,156$7,192
11 years$11,061$9,892$8,832$7,876$7,014$6,095
12 years$10,036$8,878$7,839$6,908$6,078$5,204
13 years$9,169$8,023$7,003$6,099$5,300$4,469
14 years$8,426$7,293$6,292$5,414$4,646$3,857
15 years$7,784$6,662$5,681$4,828$4,091$3,342
16 years$7,222$6,113$5,151$4,323$3,616$2,906
17 years$6,726$5,629$4,687$3,884$3,206$2,535
18 years$6,286$5,202$4,279$3,500$2,850$2,216
19 years$5,893$4,821$3,917$3,163$2,541$1,942
20 years$5,540$4,480$3,595$2,865$2,269$1,705
21 years$5,221$4,173$3,306$2,600$2,031$1,499
22 years$4,931$3,895$3,047$2,364$1,820$1,320
23 years$4,666$3,643$2,814$2,153$1,634$1,164
24 years$4,425$3,413$2,602$1,964$1,469$1,027
25 years$4,202$3,203$2,410$1,793$1,322$907
26 years$3,998$3,011$2,235$1,640$1,190$802
27 years$3,808$2,833$2,076$1,501$1,073$710
28 years$3,633$2,670$1,930$1,375$968$628
29 years$3,470$2,519$1,796$1,261$875$557
30 years$3,318$2,379$1,673$1,157$790$493
31 years$3,176$2,249$1,559$1,063$714$437
32 years$3,043$2,128$1,455$977$646$388
33 years$2,919$2,015$1,358$898$585$344
34 years$2,802$1,910$1,269$826$529$306
35 years$2,692$1,811$1,187$761$480$271
36 years$2,589$1,719$1,110$701$435$241
37 years$2,491$1,633$1,039$646$394$214
38 years$2,399$1,552$973$595$357$190
39 years$2,311$1,476$912$549$324$169
40 years$2,228$1,404$854$506$294$150
41 years$2,150$1,336$801$467$266$133
42 years$2,075$1,273$752$431$242$119
43 years$2,004$1,213$705$398$219$105
44 years$1,937$1,156$662$367$199$94
45 years$1,872$1,102$622$339$181$83
46 years$1,811$1,052$584$313$164$74
47 years$1,752$1,003$548$289$149$66
48 years$1,696$958$515$267$135$59
49 years$1,643$915$484$247$123$52
50 years$1,591$874$455$228$112$46

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 $3,506 every year, while hoping to spend $56,610 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: 38/46/16 Blend
44$1,630,000$1,630,000$1,630,000$1,630,000
45$1,799,876$1,713,486$1,688,221$1,859,465
46$1,923,231$1,737,215$1,684,544$1,926,219
47$2,057,271$1,760,208$1,678,847$1,992,629
48$2,203,026$1,782,371$1,671,001$2,063,193
49$2,361,628$1,803,602$1,660,874$2,138,314
50$2,534,326$1,823,790$1,648,325$2,218,439
51$2,722,492$1,842,820$1,633,208$2,304,061
52$2,927,634$1,860,567$1,615,369$2,395,728
53$3,151,416$1,876,897$1,594,646$2,494,044
54$3,395,666$1,891,671$1,570,873$2,599,681
55$3,662,398$1,904,737$1,543,871$2,713,380
56$3,953,828$1,915,935$1,513,457$2,835,961
57$4,272,397$1,925,094$1,479,436$2,968,331
58$4,620,792$1,932,034$1,441,607$3,111,496
59$5,001,970$1,936,560$1,399,758$3,266,566
60$5,419,188$1,938,469$1,353,667$3,434,769
61$5,876,034$1,937,543$1,303,104$3,617,465
62$6,376,457$1,933,550$1,247,825$3,816,156
63$6,924,806$1,926,245$1,187,578$4,032,503
64$7,525,873$1,915,368$1,122,099$4,268,343
65$8,184,933$1,900,641$1,051,110$4,525,707
66$8,907,797$1,881,773$974,322$4,806,840
67$9,700,864$1,858,453$891,435$5,114,220
68$10,571,186$1,830,350$802,131$5,450,591
69$11,526,526$1,797,117$706,082$5,818,980
70$12,575,440$1,758,383$602,943$6,222,736
71$13,727,348$1,713,758$492,356$6,665,555
72$14,992,631$1,662,826$373,943$7,151,522
73$16,382,724$1,605,148$247,315$7,685,150
74$17,910,223$1,540,262$112,061$8,271,421
75$19,589,005$1,467,674$0$8,915,841
76$21,434,359$1,386,865$0$9,629,996
77$23,463,129$1,297,287$0$10,435,864
78$25,693,870$1,198,356$0$11,321,781
79$28,147,028$1,089,459$0$12,296,014
80$30,845,129$969,946$0$13,367,679
81$33,812,990$839,131$0$14,546,840
82$37,077,955$696,288$0$15,844,594
83$40,670,151$540,652$0$17,273,190
84$44,622,774$371,411$0$18,846,135
85$48,972,399$187,713$0$20,578,333
86$53,759,326$0$0$22,486,225
87$59,027,960$0$0$24,593,688
88$64,827,227$0$0$27,018,256
89$71,211,040$0$0$29,687,484
90$78,238,802$0$0$32,626,245
91$85,975,969$0$0$35,861,945
92$94,494,666$0$0$39,424,782
93$103,874,369$0$0$43,348,033
94$114,202,651$0$0$47,668,367
95$125,576,010$0$0$52,426,188
96$138,100,780$0$0$57,666,020
97$151,894,130$0$0$63,436,924
98$167,085,175$0$0$69,792,963
99$183,816,189$0$0$76,793,710
100$202,243,948$0$0$84,504,812