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%15.3%
1 years$139,559$138,316$137,103$135,919$134,763$131,827
2 years$69,088$67,802$66,555$65,346$64,173$61,229
3 years$45,601$44,309$43,065$41,868$40,714$37,855
4 years$33,860$32,572$31,341$30,163$29,037$26,285
5 years$26,817$25,537$24,322$23,168$22,074$19,436
6 years$22,124$20,853$19,655$18,528$17,466$14,946
7 years$18,772$17,512$16,334$15,233$14,205$11,802
8 years$16,260$15,011$13,852$12,778$11,784$9,498
9 years$14,307$13,070$11,931$10,884$9,924$7,753
10 years$12,745$11,520$10,402$9,382$8,456$6,398
11 years$11,469$10,256$9,157$8,166$7,272$5,325
12 years$10,405$9,205$8,127$7,162$6,302$4,462
13 years$9,507$8,319$7,261$6,323$5,495$3,760
14 years$8,737$7,562$6,524$5,613$4,817$3,182
15 years$8,070$6,908$5,890$5,006$4,241$2,703
16 years$7,487$6,338$5,340$4,482$3,749$2,304
17 years$6,974$5,837$4,860$4,027$3,324$1,968
18 years$6,518$5,393$4,436$3,629$2,955$1,685
19 years$6,110$4,999$4,061$3,279$2,634$1,445
20 years$5,744$4,645$3,727$2,970$2,353$1,242
21 years$5,413$4,327$3,428$2,696$2,106$1,068
22 years$5,112$4,039$3,160$2,451$1,887$920
23 years$4,838$3,777$2,917$2,232$1,694$793
24 years$4,587$3,539$2,698$2,036$1,523$684
25 years$4,357$3,321$2,499$1,859$1,370$591
26 years$4,145$3,121$2,318$1,700$1,234$510
27 years$3,949$2,938$2,152$1,556$1,113$441
28 years$3,767$2,768$2,001$1,426$1,004$382
29 years$3,598$2,611$1,862$1,307$907$330
30 years$3,440$2,466$1,734$1,200$819$286
31 years$3,293$2,331$1,617$1,102$741$247
32 years$3,156$2,206$1,508$1,013$670$214
33 years$3,027$2,089$1,408$931$606$185
34 years$2,905$1,980$1,316$857$549$161
35 years$2,791$1,878$1,230$789$497$139
36 years$2,684$1,782$1,151$726$451$121
37 years$2,583$1,693$1,077$669$408$105
38 years$2,487$1,609$1,009$617$370$91
39 years$2,396$1,530$945$569$336$79
40 years$2,310$1,456$886$525$304$68
41 years$2,229$1,386$831$484$276$59
42 years$2,152$1,320$779$447$251$51
43 years$2,078$1,257$731$412$227$44
44 years$2,008$1,198$686$381$206$38
45 years$1,941$1,143$644$352$187$33
46 years$1,878$1,090$605$325$170$29
47 years$1,817$1,040$569$300$155$25
48 years$1,759$993$534$277$140$22
49 years$1,703$948$502$256$127$19
50 years$1,650$906$472$237$116$16

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 $4,732 every year, while hoping to spend $45,398 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: 59/25/16 Blend
44$1,690,000$1,690,000$1,690,000$1,690,000
45$1,867,261$1,777,691$1,751,496$1,969,503
46$2,009,419$1,816,495$1,761,868$2,077,960
47$2,164,555$1,855,678$1,771,066$2,190,741
48$2,333,945$1,895,212$1,779,003$2,312,678
49$2,518,994$1,935,065$1,785,586$2,444,659
50$2,721,249$1,975,200$1,790,720$2,587,665
51$2,942,411$2,015,579$1,794,304$2,742,776
52$3,184,354$2,056,160$1,796,231$2,911,182
53$3,449,143$2,096,897$1,796,390$3,094,195
54$3,739,051$2,137,740$1,794,663$3,293,259
55$4,056,578$2,178,634$1,790,929$3,509,968
56$4,404,482$2,219,520$1,785,058$3,746,076
57$4,785,798$2,260,334$1,776,916$4,003,519
58$5,203,867$2,301,009$1,766,360$4,284,427
59$5,662,372$2,341,469$1,753,244$4,591,151
60$6,165,368$2,381,634$1,737,411$4,926,281
61$6,717,320$2,421,419$1,718,699$5,292,671
62$7,323,148$2,460,730$1,696,937$5,693,468
63$7,988,271$2,499,468$1,671,947$6,132,139
64$8,718,660$2,537,527$1,643,542$6,612,507
65$9,520,889$2,574,791$1,611,526$7,138,786
66$10,402,202$2,611,139$1,575,695$7,715,619
67$11,370,580$2,646,438$1,535,834$8,348,125
68$12,434,814$2,680,549$1,491,720$9,041,946
69$13,604,590$2,713,320$1,443,117$9,803,303
70$14,890,578$2,744,593$1,389,781$10,639,050
71$16,304,534$2,774,195$1,331,456$11,556,743
72$17,859,410$2,801,943$1,267,872$12,564,712
73$19,569,474$2,827,643$1,198,751$13,672,137
74$21,450,451$2,851,088$1,123,799$14,889,138
75$23,519,660$2,872,055$1,042,710$16,226,868
76$25,796,189$2,890,309$955,165$17,697,624
77$28,301,066$2,905,600$860,829$19,314,955
78$31,057,461$2,917,661$759,352$21,093,800
79$34,090,904$2,926,207$650,372$23,050,624
80$37,429,523$2,930,939$533,507$25,203,572
81$41,104,314$2,931,534$408,359$27,572,649
82$45,149,428$2,927,654$274,513$30,179,902
83$49,602,497$2,918,936$131,536$33,049,631
84$54,504,986$2,904,998$0$36,208,621
85$59,902,584$2,885,432$0$39,689,988
86$65,845,636$2,859,807$0$43,546,875
87$72,389,620$2,827,666$0$47,792,753
88$79,595,663$2,788,524$0$52,467,237
89$87,531,125$2,741,866$0$57,613,990
90$96,270,230$2,687,148$0$63,281,126
91$105,894,768$2,623,793$0$69,521,672
92$116,494,866$2,551,190$0$76,394,065
93$128,169,837$2,468,693$0$83,962,708
94$141,029,119$2,375,617$0$92,298,575
95$155,193,305$2,271,239$0$101,479,881
96$170,795,283$2,154,791$0$111,592,828
97$187,981,490$2,025,463$0$122,732,411
98$206,913,290$1,882,399$0$135,003,322
99$227,768,500$1,724,691$0$148,520,936
100$250,743,069$1,551,383$0$163,412,401