Can I retire at age 45 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$136,255$135,042$133,858$132,702$131,573$128,340
2 years$67,453$66,197$64,979$63,799$62,654$59,417
3 years$44,522$43,260$42,046$40,877$39,750$36,610
4 years$33,059$31,801$30,599$29,449$28,350$25,331
5 years$26,183$24,932$23,746$22,620$21,551$18,662
6 years$21,600$20,359$19,190$18,089$17,053$14,296
7 years$18,328$17,098$15,947$14,872$13,869$11,244
8 years$15,875$14,656$13,524$12,476$11,505$9,013
9 years$13,968$12,761$11,649$10,627$9,689$7,326
10 years$12,444$11,248$10,156$9,160$8,256$6,019
11 years$11,197$10,013$8,941$7,972$7,100$4,987
12 years$10,159$8,987$7,935$6,993$6,153$4,160
13 years$9,281$8,122$7,089$6,174$5,365$3,489
14 years$8,530$7,383$6,370$5,480$4,703$2,939
15 years$7,879$6,744$5,751$4,887$4,141$2,484
16 years$7,310$6,188$5,214$4,376$3,660$2,107
17 years$6,809$5,699$4,745$3,932$3,245$1,791
18 years$6,363$5,266$4,331$3,543$2,885$1,525
19 years$5,966$4,880$3,965$3,202$2,572$1,302
20 years$5,608$4,535$3,639$2,900$2,297$1,112
21 years$5,285$4,224$3,347$2,632$2,056$952
22 years$4,991$3,943$3,085$2,393$1,843$815
23 years$4,724$3,688$2,848$2,179$1,654$699
24 years$4,479$3,455$2,634$1,988$1,487$600
25 years$4,254$3,243$2,440$1,815$1,338$515
26 years$4,047$3,048$2,263$1,660$1,205$442
27 years$3,855$2,868$2,101$1,519$1,086$380
28 years$3,677$2,703$1,953$1,392$980$327
29 years$3,512$2,550$1,818$1,276$885$281
30 years$3,359$2,408$1,693$1,171$800$242
31 years$3,215$2,276$1,578$1,076$723$208
32 years$3,081$2,154$1,473$989$654$179
33 years$2,955$2,040$1,375$909$592$154
34 years$2,837$1,933$1,285$837$536$133
35 years$2,725$1,834$1,201$770$485$115
36 years$2,621$1,740$1,124$709$440$99
37 years$2,522$1,653$1,052$653$399$85
38 years$2,428$1,571$985$602$361$73
39 years$2,340$1,494$923$555$328$63
40 years$2,256$1,421$865$512$297$54
41 years$2,176$1,353$811$473$270$47
42 years$2,101$1,288$761$436$245$40
43 years$2,029$1,228$714$403$222$35
44 years$1,960$1,170$670$372$202$30
45 years$1,895$1,116$629$343$183$26
46 years$1,833$1,064$591$317$166$22
47 years$1,774$1,016$555$293$151$19
48 years$1,717$970$522$271$137$17
49 years$1,663$926$490$250$124$14
50 years$1,611$885$461$231$113$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,650,000, adding $2,514 every year, while hoping to spend $37,312 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: 42/44/14 Blend
44$1,650,000$1,650,000$1,650,000$1,650,000
45$1,820,893$1,733,443$1,707,868$1,889,803
46$1,966,925$1,778,682$1,725,382$1,983,728
47$2,126,601$1,824,887$1,742,232$2,081,484
48$2,301,274$1,872,067$1,758,357$2,186,528
49$2,492,433$1,920,227$1,773,691$2,299,543
50$2,701,718$1,969,375$1,788,167$2,421,283
51$2,930,934$2,019,516$1,801,711$2,552,574
52$3,182,070$2,070,653$1,814,249$2,694,328
53$3,457,316$2,122,789$1,825,701$2,847,547
54$3,759,083$2,175,927$1,835,983$3,013,338
55$4,090,028$2,230,065$1,845,006$3,192,917
56$4,453,075$2,285,203$1,852,679$3,387,624
57$4,851,449$2,341,338$1,858,903$3,598,935
58$5,288,697$2,398,464$1,863,577$3,828,476
59$5,768,730$2,456,575$1,866,593$4,078,038
60$6,295,855$2,515,662$1,867,839$4,349,594
61$6,874,817$2,575,713$1,867,196$4,645,319
62$7,510,841$2,636,716$1,864,540$4,967,606
63$8,209,686$2,698,654$1,859,741$5,319,095
64$8,977,694$2,761,509$1,852,662$5,702,693
65$9,821,854$2,825,257$1,843,161$6,121,604
66$10,749,863$2,889,875$1,831,087$6,579,358
67$11,770,204$2,955,334$1,816,284$7,079,844
68$12,892,222$3,021,602$1,798,586$7,627,350
69$14,126,211$3,088,643$1,777,821$8,226,600
70$15,483,514$3,156,417$1,753,808$8,882,798
71$16,976,631$3,224,879$1,726,359$9,601,682
72$18,619,330$3,293,981$1,695,274$10,389,573
73$20,426,783$3,363,668$1,660,347$11,253,439
74$22,415,707$3,433,880$1,621,362$12,200,959
75$24,604,522$3,504,552$1,578,090$13,240,594
76$27,013,521$3,575,614$1,530,294$14,381,671
77$29,665,068$3,646,986$1,477,726$15,634,469
78$32,583,802$3,718,585$1,420,127$17,010,315
79$35,796,873$3,790,319$1,357,224$18,521,694
80$39,334,197$3,862,088$1,288,734$20,182,365
81$43,228,738$3,933,783$1,214,360$22,007,493
82$47,516,820$4,005,290$1,133,792$24,013,792
83$52,238,467$4,076,480$1,046,705$26,219,681
84$57,437,782$4,147,219$952,762$28,645,462
85$63,163,364$4,217,361$851,607$31,313,509
86$69,468,763$4,286,748$742,872$34,248,483
87$76,412,989$4,355,211$626,171$37,477,562
88$84,061,066$4,422,568$501,100$41,030,699
89$92,484,647$4,488,626$367,238$44,940,908
90$101,762,687$4,553,175$224,147$49,244,574
91$111,982,193$4,615,992$71,368$53,981,796
92$123,239,039$4,676,838$0$59,196,771
93$135,638,875$4,735,457$0$64,951,901
94$149,298,123$4,791,577$0$71,299,444
95$164,345,072$4,844,904$0$78,287,969
96$180,921,094$4,895,129$0$85,982,765
97$199,181,974$4,941,919$0$94,455,781
98$219,299,382$4,984,920$0$103,786,310
99$241,462,493$5,023,755$0$114,061,734
100$265,879,770$5,058,022$0$125,378,354