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

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$137,907$136,679$135,480$134,310$133,168$129,791
2 years$68,271$66,999$65,767$64,572$63,413$60,033
3 years$45,062$43,785$42,556$41,372$40,232$36,954
4 years$33,460$32,186$30,970$29,806$28,694$25,543
5 years$26,500$25,235$24,034$22,894$21,813$18,798
6 years$21,862$20,606$19,423$18,309$17,260$14,385
7 years$18,550$17,305$16,140$15,052$14,037$11,301
8 years$16,068$14,833$13,688$12,627$11,645$9,048
9 years$14,138$12,915$11,790$10,756$9,807$7,346
10 years$12,595$11,384$10,279$9,271$8,356$6,028
11 years$11,333$10,135$9,049$8,069$7,186$4,988
12 years$10,282$9,096$8,031$7,077$6,227$4,155
13 years$9,394$8,220$7,175$6,248$5,430$3,480
14 years$8,633$7,472$6,447$5,547$4,760$2,927
15 years$7,975$6,826$5,821$4,947$4,191$2,471
16 years$7,399$6,263$5,277$4,429$3,704$2,092
17 years$6,891$5,768$4,802$3,980$3,284$1,776
18 years$6,441$5,330$4,384$3,586$2,920$1,511
19 years$6,038$4,939$4,013$3,241$2,603$1,287
20 years$5,676$4,590$3,683$2,935$2,325$1,098
21 years$5,349$4,275$3,388$2,664$2,081$938
22 years$5,052$3,991$3,122$2,422$1,865$803
23 years$4,781$3,733$2,883$2,206$1,674$687
24 years$4,533$3,497$2,666$2,012$1,505$589
25 years$4,306$3,282$2,469$1,837$1,354$505
26 years$4,096$3,084$2,290$1,680$1,220$433
27 years$3,902$2,903$2,127$1,538$1,100$371
28 years$3,722$2,735$1,977$1,409$992$319
29 years$3,555$2,580$1,840$1,292$896$274
30 years$3,399$2,437$1,714$1,186$810$235
31 years$3,254$2,304$1,598$1,089$732$202
32 years$3,118$2,180$1,491$1,001$662$174
33 years$2,991$2,064$1,392$920$599$149
34 years$2,871$1,957$1,300$847$542$128
35 years$2,758$1,856$1,216$779$491$110
36 years$2,652$1,761$1,137$718$445$95
37 years$2,552$1,673$1,065$661$403$82
38 years$2,458$1,590$997$610$366$70
39 years$2,368$1,512$934$562$332$60
40 years$2,283$1,438$875$518$301$52
41 years$2,203$1,369$821$478$273$45
42 years$2,126$1,304$770$441$248$38
43 years$2,053$1,242$723$408$225$33
44 years$1,984$1,184$678$376$204$28
45 years$1,918$1,129$637$347$185$24
46 years$1,855$1,077$598$321$168$21
47 years$1,795$1,028$562$297$153$18
48 years$1,738$981$528$274$139$16
49 years$1,683$937$496$253$126$13
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 $5,891 every year, while hoping to spend $34,642 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: 47/40/13 Blend
44$1,670,000$1,670,000$1,670,000$1,670,000
45$1,846,417$1,757,907$1,732,022$1,926,219
46$1,997,892$1,807,185$1,753,185$2,031,282
47$2,163,657$1,857,717$1,773,897$2,141,208
48$2,345,133$1,909,528$1,794,105$2,259,743
49$2,543,884$1,962,642$1,813,755$2,387,699
50$2,761,633$2,017,084$1,832,789$2,525,973
51$3,000,278$2,072,880$1,851,146$2,675,549
52$3,261,909$2,130,054$1,868,762$2,837,513
53$3,548,828$2,188,631$1,885,569$3,013,057
54$3,863,569$2,248,635$1,901,498$3,203,496
55$4,208,927$2,310,092$1,916,471$3,410,277
56$4,587,976$2,373,025$1,930,412$3,634,992
57$5,004,105$2,437,459$1,943,236$3,879,395
58$5,461,047$2,503,417$1,954,857$4,145,418
59$5,962,911$2,570,922$1,965,182$4,435,187
60$6,514,228$2,639,997$1,974,116$4,751,045
61$7,119,987$2,710,665$1,981,557$5,095,573
62$7,785,685$2,782,946$1,987,398$5,471,612
63$8,517,377$2,856,863$1,991,528$5,882,291
64$9,321,735$2,932,434$1,993,829$6,331,061
65$10,206,107$3,009,679$1,994,178$6,821,717
66$11,178,593$3,088,616$1,992,446$7,358,446
67$12,248,114$3,169,262$1,988,497$7,945,858
68$13,424,498$3,251,633$1,982,188$8,589,030
69$14,718,577$3,335,743$1,973,372$9,293,558
70$16,142,282$3,421,605$1,961,890$10,065,607
71$17,708,761$3,509,230$1,947,580$10,911,970
72$19,432,500$3,598,628$1,930,269$11,840,130
73$21,329,460$3,689,806$1,909,778$12,858,334
74$23,417,228$3,782,768$1,885,918$13,975,666
75$25,715,181$3,877,520$1,858,492$15,202,140
76$28,244,671$3,974,060$1,827,293$16,548,785
77$31,029,225$4,072,386$1,792,105$18,027,759
78$34,094,767$4,172,494$1,752,702$19,652,456
79$37,469,862$4,274,375$1,708,846$21,437,634
80$41,185,985$4,378,017$1,660,290$23,399,560
81$45,277,821$4,483,405$1,606,774$25,556,156
82$49,783,585$4,590,519$1,548,028$27,927,171
83$54,745,392$4,699,335$1,483,768$30,534,370
84$60,209,645$4,809,826$1,413,698$33,401,736
85$66,227,480$4,921,958$1,337,507$36,555,698
86$72,855,241$5,035,692$1,254,872$40,025,381
87$80,155,020$5,150,986$1,165,455$43,842,880
88$88,195,235$5,267,787$1,068,901$48,043,564
89$97,051,281$5,386,041$964,841$52,666,410
90$106,806,238$5,505,683$852,889$57,754,370
91$117,551,656$5,626,643$732,642$63,354,777
92$129,388,418$5,748,842$603,680$69,519,795
93$142,427,695$5,872,194$465,561$76,306,907
94$156,791,991$5,996,602$317,828$83,779,462
95$172,616,299$6,121,961$160,001$92,007,270
96$190,049,381$6,248,156$0$101,067,265
97$209,255,162$6,375,060$0$111,045,397
98$230,414,287$6,502,536$0$122,057,691
99$253,725,817$6,630,434$0$134,184,967
100$279,409,117$6,758,591$0$147,540,774