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%14.9%
1 years$137,907$136,679$135,480$134,310$133,168$130,479
2 years$68,271$66,999$65,767$64,572$63,413$60,716
3 years$45,062$43,785$42,556$41,372$40,232$37,611
4 years$33,460$32,186$30,970$29,806$28,694$26,169
5 years$26,500$25,235$24,034$22,894$21,813$19,390
6 years$21,862$20,606$19,423$18,309$17,260$14,943
7 years$18,550$17,305$16,140$15,052$14,037$11,827
8 years$16,068$14,833$13,688$12,627$11,645$9,540
9 years$14,138$12,915$11,790$10,756$9,807$7,806
10 years$12,595$11,384$10,279$9,271$8,356$6,458
11 years$11,333$10,135$9,049$8,069$7,186$5,388
12 years$10,282$9,096$8,031$7,077$6,227$4,527
13 years$9,394$8,220$7,175$6,248$5,430$3,824
14 years$8,633$7,472$6,447$5,547$4,760$3,246
15 years$7,975$6,826$5,821$4,947$4,191$2,765
16 years$7,399$6,263$5,277$4,429$3,704$2,363
17 years$6,891$5,768$4,802$3,980$3,284$2,024
18 years$6,441$5,330$4,384$3,586$2,920$1,738
19 years$6,038$4,939$4,013$3,241$2,603$1,496
20 years$5,676$4,590$3,683$2,935$2,325$1,289
21 years$5,349$4,275$3,388$2,664$2,081$1,112
22 years$5,052$3,991$3,122$2,422$1,865$961
23 years$4,781$3,733$2,883$2,206$1,674$831
24 years$4,533$3,497$2,666$2,012$1,505$719
25 years$4,306$3,282$2,469$1,837$1,354$623
26 years$4,096$3,084$2,290$1,680$1,220$540
27 years$3,902$2,903$2,127$1,538$1,100$468
28 years$3,722$2,735$1,977$1,409$992$406
29 years$3,555$2,580$1,840$1,292$896$353
30 years$3,399$2,437$1,714$1,186$810$306
31 years$3,254$2,304$1,598$1,089$732$266
32 years$3,118$2,180$1,491$1,001$662$231
33 years$2,991$2,064$1,392$920$599$201
34 years$2,871$1,957$1,300$847$542$174
35 years$2,758$1,856$1,216$779$491$152
36 years$2,652$1,761$1,137$718$445$132
37 years$2,552$1,673$1,065$661$403$115
38 years$2,458$1,590$997$610$366$100
39 years$2,368$1,512$934$562$332$87
40 years$2,283$1,438$875$518$301$75
41 years$2,203$1,369$821$478$273$66
42 years$2,126$1,304$770$441$248$57
43 years$2,053$1,242$723$408$225$50
44 years$1,984$1,184$678$376$204$43
45 years$1,918$1,129$637$347$185$38
46 years$1,855$1,077$598$321$168$33
47 years$1,795$1,028$562$297$153$28
48 years$1,738$981$528$274$139$25
49 years$1,683$937$496$253$126$22
50 years$1,631$895$467$234$114$19

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 $6,798 every year, while hoping to spend $30,636 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: 52/19/29 Blend
44$1,670,000$1,670,000$1,670,000$1,670,000
45$1,847,352$1,758,842$1,732,957$1,928,049
46$2,003,186$1,812,429$1,758,415$2,038,513
47$2,173,887$1,867,615$1,783,698$2,154,983
48$2,360,941$1,924,445$1,808,770$2,281,090
49$2,565,983$1,982,968$1,833,589$2,417,768
50$2,790,811$2,043,232$1,858,112$2,566,046
51$3,037,409$2,105,286$1,882,295$2,727,057
52$3,307,962$2,169,182$1,906,088$2,902,047
53$3,604,874$2,234,972$1,929,442$3,092,391
54$3,930,796$2,302,710$1,952,303$3,299,601
55$4,288,645$2,372,451$1,974,613$3,525,345
56$4,681,638$2,444,252$1,996,314$3,771,458
57$5,113,315$2,518,171$2,017,341$4,039,962
58$5,587,580$2,594,268$2,037,629$4,333,087
59$6,108,730$2,672,604$2,057,106$4,653,284
60$6,681,501$2,753,241$2,075,699$5,003,260
61$7,311,109$2,836,245$2,093,330$5,385,993
62$8,003,302$2,921,681$2,109,917$5,804,764
63$8,764,412$3,009,617$2,125,372$6,263,191
64$9,601,416$3,100,122$2,139,606$6,765,258
65$10,522,000$3,193,268$2,152,522$7,315,355
66$11,534,632$3,289,126$2,164,020$7,918,319
67$12,648,644$3,387,773$2,173,994$8,579,480
68$13,874,316$3,489,283$2,182,333$9,304,712
69$15,222,974$3,593,737$2,188,919$10,100,487
70$16,707,101$3,701,213$2,193,631$10,973,935
71$18,340,446$3,811,794$2,196,339$11,932,914
72$20,138,164$3,925,564$2,196,909$12,986,085
73$22,116,949$4,042,608$2,195,197$14,142,989
74$24,295,198$4,163,016$2,191,056$15,414,141
75$26,693,181$4,286,877$2,184,330$16,811,129
76$29,333,234$4,414,283$2,174,854$18,346,720
77$32,239,970$4,545,329$2,162,457$20,034,987
78$35,440,507$4,680,110$2,146,960$21,891,434
79$38,964,729$4,818,725$2,128,173$23,933,151
80$42,845,564$4,961,276$2,105,899$26,178,966
81$47,119,296$5,107,863$2,079,932$28,649,632
82$51,825,910$5,258,594$2,050,055$31,368,016
83$57,009,461$5,413,574$2,016,041$34,359,319
84$62,718,501$5,572,913$1,977,653$37,651,313
85$69,006,525$5,736,724$1,934,642$41,274,601
86$75,932,487$5,905,119$1,886,748$45,262,910
87$83,561,346$6,078,215$1,833,700$49,653,408
88$91,964,687$6,256,132$1,775,212$54,487,054
89$101,221,392$6,438,988$1,710,988$59,808,984
90$111,418,384$6,626,909$1,640,716$65,668,942
91$122,651,450$6,820,018$1,564,071$72,121,745
92$135,026,143$7,018,444$1,480,713$79,227,802
93$148,658,778$7,222,317$1,390,286$87,053,687
94$163,677,532$7,431,768$1,292,418$95,672,765
95$180,223,648$7,646,933$1,186,722$105,165,885
96$198,452,775$7,867,948$1,072,792$115,622,146
97$218,536,431$8,094,951$950,204$127,139,736
98$240,663,627$8,328,083$818,516$139,826,861
99$265,042,647$8,567,489$677,266$153,802,766
100$291,903,013$8,813,312$525,970$169,198,863