Can I retire at age 45 with 1,670,000?

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 $1,670,000?

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$137,907$136,679$135,480$134,310$133,168$129,896
2 years$68,271$66,999$65,767$64,572$63,413$60,137
3 years$45,062$43,785$42,556$41,372$40,232$37,054
4 years$33,460$32,186$30,970$29,806$28,694$25,638
5 years$26,500$25,235$24,034$22,894$21,813$18,888
6 years$21,862$20,606$19,423$18,309$17,260$14,469
7 years$18,550$17,305$16,140$15,052$14,037$11,381
8 years$16,068$14,833$13,688$12,627$11,645$9,122
9 years$14,138$12,915$11,790$10,756$9,807$7,415
10 years$12,595$11,384$10,279$9,271$8,356$6,092
11 years$11,333$10,135$9,049$8,069$7,186$5,048
12 years$10,282$9,096$8,031$7,077$6,227$4,211
13 years$9,394$8,220$7,175$6,248$5,430$3,531
14 years$8,633$7,472$6,447$5,547$4,760$2,974
15 years$7,975$6,826$5,821$4,947$4,191$2,514
16 years$7,399$6,263$5,277$4,429$3,704$2,132
17 years$6,891$5,768$4,802$3,980$3,284$1,812
18 years$6,441$5,330$4,384$3,586$2,920$1,544
19 years$6,038$4,939$4,013$3,241$2,603$1,317
20 years$5,676$4,590$3,683$2,935$2,325$1,126
21 years$5,349$4,275$3,388$2,664$2,081$963
22 years$5,052$3,991$3,122$2,422$1,865$825
23 years$4,781$3,733$2,883$2,206$1,674$707
24 years$4,533$3,497$2,666$2,012$1,505$607
25 years$4,306$3,282$2,469$1,837$1,354$521
26 years$4,096$3,084$2,290$1,680$1,220$448
27 years$3,902$2,903$2,127$1,538$1,100$385
28 years$3,722$2,735$1,977$1,409$992$331
29 years$3,555$2,580$1,840$1,292$896$285
30 years$3,399$2,437$1,714$1,186$810$245
31 years$3,254$2,304$1,598$1,089$732$211
32 years$3,118$2,180$1,491$1,001$662$181
33 years$2,991$2,064$1,392$920$599$156
34 years$2,871$1,957$1,300$847$542$135
35 years$2,758$1,856$1,216$779$491$116
36 years$2,652$1,761$1,137$718$445$100
37 years$2,552$1,673$1,065$661$403$86
38 years$2,458$1,590$997$610$366$74
39 years$2,368$1,512$934$562$332$64
40 years$2,283$1,438$875$518$301$55
41 years$2,203$1,369$821$478$273$47
42 years$2,126$1,304$770$441$248$41
43 years$2,053$1,242$723$408$225$35
44 years$1,984$1,184$678$376$204$30
45 years$1,918$1,129$637$347$185$26
46 years$1,855$1,077$598$321$168$23
47 years$1,795$1,028$562$297$153$19
48 years$1,738$981$528$274$139$17
49 years$1,683$937$496$253$126$14
50 years$1,631$895$467$234$114$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,670,000, adding $6,856 every year, while hoping to spend $24,265 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: 34/36/30 Blend
44$1,670,000$1,670,000$1,670,000$1,670,000
45$1,847,412$1,758,902$1,733,017$1,893,301
46$2,010,030$1,819,270$1,765,255$1,989,075
47$2,188,422$1,881,784$1,797,760$2,089,651
48$2,384,171$1,946,521$1,830,515$2,197,650
49$2,599,022$2,013,565$1,863,502$2,313,750
50$2,834,894$2,083,002$1,896,702$2,438,699
51$3,093,905$2,154,921$1,930,093$2,573,314
52$3,378,385$2,229,414$1,963,653$2,718,499
53$3,690,903$2,306,578$1,997,358$2,875,245
54$4,034,287$2,386,512$2,031,181$3,044,640
55$4,411,653$2,469,320$2,065,095$3,227,884
56$4,826,436$2,555,112$2,099,070$3,426,294
57$5,282,418$2,643,997$2,133,075$3,641,320
58$5,783,767$2,736,095$2,167,074$3,874,558
59$6,335,073$2,831,525$2,201,033$4,127,762
60$6,941,394$2,930,414$2,234,912$4,402,864
61$7,608,306$3,032,894$2,268,671$4,701,987
62$8,341,947$3,139,100$2,302,265$5,027,472
63$9,149,084$3,249,174$2,335,649$5,381,893
64$10,037,171$3,363,264$2,368,774$5,768,083
65$11,014,421$3,481,523$2,401,587$6,189,161
66$12,089,886$3,604,111$2,434,033$6,648,561
67$13,273,535$3,731,193$2,466,054$7,150,064
68$14,576,356$3,862,943$2,497,588$7,697,834
69$16,010,457$3,999,539$2,528,570$8,296,453
70$17,589,176$4,141,169$2,558,929$8,950,969
71$19,327,212$4,288,026$2,588,594$9,666,940
72$21,240,763$4,440,314$2,617,486$10,450,487
73$23,347,673$4,598,243$2,645,525$11,308,352
74$25,667,610$4,762,031$2,672,624$12,247,958
75$28,222,243$4,931,906$2,698,693$13,277,483
76$31,035,448$5,108,107$2,723,636$14,405,934
77$34,133,539$5,290,879$2,747,353$15,643,230
78$37,545,508$5,480,480$2,769,737$17,000,301
79$41,303,304$5,677,177$2,790,678$18,489,182
80$45,442,131$5,881,250$2,810,056$20,123,133
81$50,000,785$6,092,987$2,827,749$21,916,761
82$55,022,013$6,312,692$2,843,627$23,886,158
83$60,552,923$6,540,678$2,857,553$26,049,048
84$66,645,424$6,777,274$2,869,383$28,424,962
85$73,356,717$7,022,820$2,878,967$31,035,414
86$80,749,835$7,277,672$2,886,146$33,904,106
87$88,894,240$7,542,199$2,890,754$37,057,151
88$97,866,474$7,816,788$2,892,615$40,523,322
89$107,750,884$8,101,841$2,891,547$44,334,315
90$118,640,417$8,397,774$2,887,358$48,525,055
91$130,637,500$8,705,025$2,879,844$53,134,021
92$143,855,001$9,024,048$2,868,795$58,203,610
93$158,417,301$9,355,316$2,853,990$63,780,533
94$174,461,461$9,699,322$2,835,194$69,916,260
95$192,138,523$10,056,581$2,812,165$76,667,501
96$211,614,927$10,427,628$2,784,647$84,096,742
97$233,074,090$10,813,022$2,752,374$92,272,834
98$256,718,132$11,213,346$2,715,064$101,271,641
99$282,769,787$11,629,205$2,672,424$111,176,754
100$311,474,503$12,061,234$2,624,147$122,080,283