Can I retire at age 45 with 1,680,000?

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 $1,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$138,733$137,497$136,291$135,115$133,966$130,886
2 years$68,680$67,401$66,161$64,959$63,793$60,708
3 years$45,332$44,047$42,810$41,620$40,473$37,478
4 years$33,660$32,379$31,155$29,985$28,866$25,984
5 years$26,659$25,386$24,178$23,031$21,943$19,183
6 years$21,993$20,729$19,539$18,418$17,363$14,727
7 years$18,661$17,408$16,237$15,143$14,121$11,610
8 years$16,164$14,922$13,770$12,703$11,714$9,327
9 years$14,222$12,993$11,860$10,820$9,865$7,600
10 years$12,670$11,452$10,340$9,327$8,406$6,260
11 years$11,401$10,195$9,103$8,117$7,229$5,200
12 years$10,344$9,151$8,079$7,120$6,265$4,349
13 years$9,450$8,270$7,218$6,286$5,463$3,657
14 years$8,685$7,517$6,485$5,580$4,789$3,089
15 years$8,022$6,867$5,855$4,976$4,216$2,619
16 years$7,443$6,300$5,309$4,456$3,726$2,227
17 years$6,932$5,802$4,831$4,003$3,304$1,898
18 years$6,479$5,361$4,410$3,608$2,938$1,622
19 years$6,074$4,969$4,037$3,260$2,619$1,388
20 years$5,710$4,617$3,705$2,953$2,339$1,190
21 years$5,381$4,301$3,408$2,680$2,093$1,021
22 years$5,082$4,015$3,141$2,436$1,876$877
23 years$4,810$3,755$2,900$2,219$1,684$755
24 years$4,560$3,518$2,682$2,024$1,514$650
25 years$4,331$3,302$2,484$1,848$1,362$560
26 years$4,120$3,103$2,304$1,690$1,227$482
27 years$3,925$2,920$2,139$1,547$1,106$416
28 years$3,744$2,752$1,989$1,417$998$359
29 years$3,576$2,596$1,851$1,300$901$310
30 years$3,420$2,452$1,724$1,193$814$267
31 years$3,274$2,318$1,607$1,095$736$231
32 years$3,137$2,193$1,500$1,007$666$199
33 years$3,009$2,077$1,400$926$603$172
34 years$2,888$1,968$1,308$852$546$149
35 years$2,775$1,867$1,223$784$494$129
36 years$2,668$1,772$1,144$722$448$111
37 years$2,567$1,683$1,071$665$406$96
38 years$2,472$1,599$1,003$613$368$83
39 years$2,382$1,521$940$565$334$72
40 years$2,297$1,447$881$522$303$62
41 years$2,216$1,377$826$481$275$54
42 years$2,139$1,312$775$444$249$46
43 years$2,066$1,250$727$410$226$40
44 years$1,996$1,191$682$379$205$35
45 years$1,930$1,136$641$350$186$30
46 years$1,866$1,084$602$323$169$26
47 years$1,806$1,034$565$298$154$22
48 years$1,748$987$531$276$140$19
49 years$1,693$943$499$255$127$17
50 years$1,640$901$469$235$115$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,680,000, adding $5,445 every year, while hoping to spend $44,206 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: 49/35/16 Blend
44$1,680,000$1,680,000$1,680,000$1,680,000
45$1,856,977$1,767,937$1,741,897$1,939,461
46$1,999,353$1,807,531$1,753,215$2,036,567
47$2,154,771$1,847,583$1,763,431$2,136,991
48$2,324,513$1,888,070$1,772,462$2,245,117
49$2,509,992$1,928,964$1,780,218$2,361,684
50$2,712,764$1,970,236$1,786,608$2,487,504
51$2,934,541$2,011,853$1,791,535$2,623,475
52$3,177,210$2,053,780$1,794,897$2,770,586
53$3,442,846$2,095,976$1,796,587$2,929,925
54$3,733,737$2,138,398$1,796,492$3,102,694
55$4,052,399$2,181,001$1,794,496$3,290,214
56$4,401,606$2,223,733$1,790,474$3,493,945
57$4,784,412$2,266,538$1,784,297$3,715,493
58$5,204,180$2,309,356$1,775,829$3,956,631
59$5,664,615$2,352,123$1,764,928$4,219,312
60$6,169,797$2,394,769$1,751,445$4,505,689
61$6,724,221$2,437,216$1,735,222$4,818,134
62$7,332,836$2,479,385$1,716,097$5,159,265
63$8,001,097$2,521,186$1,693,897$5,531,965
64$8,735,010$2,562,525$1,668,444$5,939,414
65$9,541,192$2,603,301$1,639,549$6,385,117
66$10,426,935$2,643,404$1,607,015$6,872,938
67$11,400,269$2,682,717$1,570,636$7,407,136
68$12,470,040$2,721,114$1,530,196$7,992,408
69$13,645,997$2,758,462$1,485,471$8,633,931
70$14,938,879$2,794,616$1,436,224$9,337,410
71$16,360,515$2,829,423$1,382,208$10,109,139
72$17,923,941$2,862,718$1,323,166$10,956,052
73$19,643,518$2,894,326$1,258,827$11,885,796
74$21,535,069$2,924,061$1,188,910$12,906,799
75$23,616,028$2,951,721$1,113,120$14,028,354
76$25,905,602$2,977,095$1,031,149$15,260,703
77$28,424,957$2,999,955$942,675$16,615,140
78$31,197,410$3,020,061$847,362$18,104,111
79$34,248,656$3,037,154$744,860$19,741,339
80$37,607,007$3,050,963$634,800$21,541,950
81$41,303,656$3,061,195$516,801$23,522,619
82$45,372,977$3,067,541$390,461$25,701,728
83$49,852,844$3,069,673$255,365$28,099,538
84$54,784,989$3,067,243$111,075$30,738,383
85$60,215,399$3,059,878$0$33,642,886
86$66,194,744$3,047,186$0$36,847,509
87$72,778,859$3,028,750$0$40,395,555
88$80,029,270$3,004,127$0$44,301,101
89$88,013,773$2,972,846$0$48,600,582
90$96,807,073$2,934,410$0$53,334,154
91$106,491,490$2,888,292$0$58,546,074
92$117,157,735$2,833,932$0$64,285,120
93$128,905,767$2,770,737$0$70,605,047
94$141,845,734$2,698,082$0$77,565,104
95$156,099,012$2,615,301$0$85,230,586
96$171,799,352$2,521,692$0$93,673,458
97$189,094,141$2,416,510$0$102,973,033
98$208,145,794$2,298,969$0$113,216,720
99$229,133,283$2,168,237$0$124,500,855
100$252,253,829$2,023,431$0$136,931,610