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%11.8%
1 years$137,907$136,679$135,480$134,310$133,168$132,163
2 years$68,271$66,999$65,767$64,572$63,413$62,400
3 years$45,062$43,785$42,556$41,372$40,232$39,242
4 years$33,460$32,186$30,970$29,806$28,694$27,734
5 years$26,500$25,235$24,034$22,894$21,813$20,887
6 years$21,862$20,606$19,423$18,309$17,260$16,368
7 years$18,550$17,305$16,140$15,052$14,037$13,181
8 years$16,068$14,833$13,688$12,627$11,645$10,824
9 years$14,138$12,915$11,790$10,756$9,807$9,021
10 years$12,595$11,384$10,279$9,271$8,356$7,604
11 years$11,333$10,135$9,049$8,069$7,186$6,469
12 years$10,282$9,096$8,031$7,077$6,227$5,543
13 years$9,394$8,220$7,175$6,248$5,430$4,779
14 years$8,633$7,472$6,447$5,547$4,760$4,141
15 years$7,975$6,826$5,821$4,947$4,191$3,603
16 years$7,399$6,263$5,277$4,429$3,704$3,146
17 years$6,891$5,768$4,802$3,980$3,284$2,755
18 years$6,441$5,330$4,384$3,586$2,920$2,419
19 years$6,038$4,939$4,013$3,241$2,603$2,129
20 years$5,676$4,590$3,683$2,935$2,325$1,877
21 years$5,349$4,275$3,388$2,664$2,081$1,658
22 years$5,052$3,991$3,122$2,422$1,865$1,467
23 years$4,781$3,733$2,883$2,206$1,674$1,299
24 years$4,533$3,497$2,666$2,012$1,505$1,152
25 years$4,306$3,282$2,469$1,837$1,354$1,022
26 years$4,096$3,084$2,290$1,680$1,220$908
27 years$3,902$2,903$2,127$1,538$1,100$807
28 years$3,722$2,735$1,977$1,409$992$718
29 years$3,555$2,580$1,840$1,292$896$639
30 years$3,399$2,437$1,714$1,186$810$569
31 years$3,254$2,304$1,598$1,089$732$507
32 years$3,118$2,180$1,491$1,001$662$452
33 years$2,991$2,064$1,392$920$599$403
34 years$2,871$1,957$1,300$847$542$360
35 years$2,758$1,856$1,216$779$491$321
36 years$2,652$1,761$1,137$718$445$286
37 years$2,552$1,673$1,065$661$403$256
38 years$2,458$1,590$997$610$366$228
39 years$2,368$1,512$934$562$332$204
40 years$2,283$1,438$875$518$301$182
41 years$2,203$1,369$821$478$273$163
42 years$2,126$1,304$770$441$248$145
43 years$2,053$1,242$723$408$225$130
44 years$1,984$1,184$678$376$204$116
45 years$1,918$1,129$637$347$185$104
46 years$1,855$1,077$598$321$168$93
47 years$1,795$1,028$562$297$153$83
48 years$1,738$981$528$274$139$74
49 years$1,683$937$496$253$126$66
50 years$1,631$895$467$234$114$59

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 $5,130 every year, while hoping to spend $28,579 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: 62/13/25 Blend
44$1,670,000$1,670,000$1,670,000$1,670,000
45$1,845,632$1,757,122$1,731,237$1,947,524
46$2,003,478$1,812,813$1,758,825$2,072,878
47$2,176,467$1,870,275$1,786,380$2,206,101
48$2,366,113$1,929,565$1,813,870$2,350,940
49$2,574,084$1,990,740$1,841,262$2,508,533
50$2,802,216$2,053,863$1,868,520$2,680,135
51$3,052,534$2,118,993$1,895,607$2,867,127
52$3,327,266$2,186,197$1,922,483$3,071,031
53$3,628,866$2,255,540$1,949,106$3,293,521
54$3,960,039$2,327,091$1,975,430$3,536,444
55$4,323,765$2,400,920$2,001,408$3,801,831
56$4,723,325$2,477,100$2,026,991$4,091,924
57$5,162,333$2,555,707$2,052,124$4,409,187
58$5,644,773$2,636,819$2,076,752$4,756,339
59$6,175,032$2,720,515$2,100,816$5,136,373
60$6,757,944$2,806,879$2,124,252$5,552,586
61$7,398,834$2,895,997$2,146,994$6,008,612
62$8,103,570$2,987,955$2,168,974$6,508,454
63$8,878,616$3,082,847$2,190,116$7,056,522
64$9,731,093$3,180,765$2,210,343$7,657,675
65$10,668,850$3,281,807$2,229,575$8,317,266
66$11,700,531$3,386,074$2,247,724$9,041,194
67$12,835,662$3,493,669$2,264,699$9,835,959
68$14,084,739$3,604,698$2,280,407$10,708,722
69$15,459,327$3,719,273$2,294,745$11,667,372
70$16,972,169$3,837,508$2,307,609$12,720,606
71$18,637,304$3,959,520$2,318,888$13,878,003
72$20,470,203$4,085,430$2,328,465$15,150,120
73$22,487,912$4,215,365$2,336,217$16,548,589
74$24,709,215$4,349,453$2,342,016$18,086,228
75$27,154,808$4,487,830$2,345,727$19,777,163
76$29,847,497$4,630,632$2,347,207$21,636,955
77$32,812,412$4,778,003$2,346,308$23,682,758
78$36,077,242$4,930,089$2,342,874$25,933,469
79$39,672,501$5,087,044$2,336,741$28,409,915
80$43,631,812$5,249,025$2,327,737$31,135,044
81$47,992,222$5,416,192$2,315,682$34,134,148
82$52,794,558$5,588,715$2,300,387$37,435,092
83$58,083,807$5,766,766$2,281,654$41,068,587
84$63,909,542$5,950,524$2,259,275$45,068,475
85$70,326,389$6,140,174$2,233,035$49,472,047
86$77,394,544$6,335,906$2,202,705$54,320,399
87$85,180,339$6,537,917$2,168,047$59,658,817
88$93,756,869$6,746,410$2,128,812$65,537,206
89$103,204,681$6,961,595$2,084,738$72,010,562
90$113,612,535$7,183,690$2,035,554$79,139,486
91$125,078,241$7,412,919$1,980,972$86,990,765
92$137,709,582$7,649,512$1,920,695$95,637,994
93$151,625,330$7,893,709$1,854,410$105,162,276
94$166,956,370$8,145,757$1,781,789$115,652,985
95$183,846,932$8,405,911$1,702,490$127,208,612
96$202,455,953$8,674,434$1,616,157$139,937,693
97$222,958,577$8,951,599$1,522,416$153,959,835
98$245,547,812$9,237,687$1,420,877$169,406,845
99$270,436,343$9,532,988$1,311,130$186,423,974
100$297,858,548$9,837,802$1,192,751$205,171,289