Can I retire at age 45 with 1,690,000?

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$139,559$138,316$137,103$135,919$134,763$131,612
2 years$69,088$67,802$66,555$65,346$64,173$61,016
3 years$45,601$44,309$43,065$41,868$40,714$37,650
4 years$33,860$32,572$31,341$30,163$29,037$26,090
5 years$26,817$25,537$24,322$23,168$22,074$19,252
6 years$22,124$20,853$19,655$18,528$17,466$14,772
7 years$18,772$17,512$16,334$15,233$14,205$11,638
8 years$16,260$15,011$13,852$12,778$11,784$9,345
9 years$14,307$13,070$11,931$10,884$9,924$7,610
10 years$12,745$11,520$10,402$9,382$8,456$6,264
11 years$11,469$10,256$9,157$8,166$7,272$5,200
12 years$10,405$9,205$8,127$7,162$6,302$4,346
13 years$9,507$8,319$7,261$6,323$5,495$3,652
14 years$8,737$7,562$6,524$5,613$4,817$3,083
15 years$8,070$6,908$5,890$5,006$4,241$2,611
16 years$7,487$6,338$5,340$4,482$3,749$2,219
17 years$6,974$5,837$4,860$4,027$3,324$1,890
18 years$6,518$5,393$4,436$3,629$2,955$1,614
19 years$6,110$4,999$4,061$3,279$2,634$1,380
20 years$5,744$4,645$3,727$2,970$2,353$1,182
21 years$5,413$4,327$3,428$2,696$2,106$1,014
22 years$5,112$4,039$3,160$2,451$1,887$871
23 years$4,838$3,777$2,917$2,232$1,694$748
24 years$4,587$3,539$2,698$2,036$1,523$643
25 years$4,357$3,321$2,499$1,859$1,370$554
26 years$4,145$3,121$2,318$1,700$1,234$477
27 years$3,949$2,938$2,152$1,556$1,113$411
28 years$3,767$2,768$2,001$1,426$1,004$354
29 years$3,598$2,611$1,862$1,307$907$305
30 years$3,440$2,466$1,734$1,200$819$263
31 years$3,293$2,331$1,617$1,102$741$227
32 years$3,156$2,206$1,508$1,013$670$196
33 years$3,027$2,089$1,408$931$606$169
34 years$2,905$1,980$1,316$857$549$146
35 years$2,791$1,878$1,230$789$497$126
36 years$2,684$1,782$1,151$726$451$109
37 years$2,583$1,693$1,077$669$408$94
38 years$2,487$1,609$1,009$617$370$81
39 years$2,396$1,530$945$569$336$70
40 years$2,310$1,456$886$525$304$61
41 years$2,229$1,386$831$484$276$52
42 years$2,152$1,320$779$447$251$45
43 years$2,078$1,257$731$412$227$39
44 years$2,008$1,198$686$381$206$34
45 years$1,941$1,143$644$352$187$29
46 years$1,878$1,090$605$325$170$25
47 years$1,817$1,040$569$300$155$22
48 years$1,759$993$534$277$140$19
49 years$1,703$948$502$256$127$16
50 years$1,650$906$472$237$116$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,690,000, adding $5,162 every year, while hoping to spend $20,396 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: 69/8/23 Blend
44$1,690,000$1,690,000$1,690,000$1,690,000
45$1,867,705$1,778,135$1,751,940$1,985,394
46$2,036,509$1,843,562$1,788,928$2,130,249
47$2,221,848$1,911,512$1,826,473$2,285,861
48$2,425,387$1,982,086$1,864,570$2,455,664
49$2,648,959$2,055,391$1,903,216$2,641,061
50$2,894,586$2,131,538$1,942,406$2,843,598
51$3,164,492$2,210,642$1,982,135$3,064,975
52$3,461,131$2,292,823$2,022,397$3,307,066
53$3,787,203$2,378,209$2,063,184$3,571,933
54$4,145,686$2,466,929$2,104,489$3,861,849
55$4,539,857$2,559,120$2,146,301$4,179,317
56$4,973,330$2,654,925$2,188,610$4,527,092
57$5,450,086$2,754,492$2,231,404$4,908,212
58$5,974,509$2,857,976$2,274,670$5,326,021
59$6,551,431$2,965,539$2,318,394$5,784,202
60$7,186,176$3,077,350$2,362,559$6,286,815
61$7,884,611$3,193,584$2,407,149$6,838,331
62$8,653,196$3,314,426$2,452,144$7,443,674
63$9,499,055$3,440,065$2,497,524$8,108,271
64$10,430,034$3,570,703$2,543,266$8,838,099
65$11,454,777$3,706,548$2,589,345$9,639,745
66$12,582,812$3,847,816$2,635,736$10,520,464
67$13,824,635$3,994,736$2,682,410$11,488,250
68$15,191,814$4,147,543$2,729,336$12,551,911
69$16,697,092$4,306,486$2,776,482$13,721,150
70$18,354,513$4,471,822$2,823,812$15,006,660
71$20,179,552$4,643,820$2,871,289$16,420,221
72$22,189,262$4,822,762$2,918,871$17,974,813
73$24,402,430$5,008,941$2,966,517$19,684,737
74$26,839,762$5,202,663$3,014,180$21,565,752
75$29,524,073$5,404,249$3,061,810$23,635,221
76$32,480,503$5,614,032$3,109,356$25,912,277
77$35,736,756$5,832,362$3,156,761$28,417,999
78$39,323,359$6,059,601$3,203,966$31,175,618
79$43,273,952$6,296,131$3,250,909$34,210,728
80$47,625,602$6,542,349$3,297,521$37,551,535
81$52,419,158$6,798,669$3,343,733$41,229,115
82$57,699,634$7,065,525$3,389,469$45,277,715
83$63,516,629$7,343,369$3,434,650$49,735,070
84$69,924,805$7,632,673$3,479,190$54,642,761
85$76,984,394$7,933,933$3,523,002$60,046,609
86$84,761,769$8,247,662$3,565,989$65,997,104
87$93,330,073$8,574,401$3,608,053$72,549,884
88$102,769,906$8,914,712$3,649,088$79,766,257
89$113,170,086$9,269,184$3,688,983$87,713,783
90$124,628,492$9,638,430$3,727,621$96,466,910
91$137,252,979$10,023,094$3,764,877$106,107,673
92$151,162,404$10,423,847$3,800,621$116,726,476
93$166,487,743$10,841,389$3,834,716$128,422,935
94$183,373,330$11,276,454$3,867,016$141,306,827
95$201,978,218$11,729,809$3,897,369$155,499,121
96$222,477,679$12,202,253$3,925,615$171,133,120
97$245,064,863$12,694,624$3,951,584$188,355,720
98$269,952,616$13,207,797$3,975,098$207,328,796
99$297,375,490$13,742,686$3,995,971$228,230,732
100$327,591,959$14,300,247$4,014,006$251,258,099