Can I retire at age 45 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$140,384$139,134$137,914$136,723$135,560$133,315
2 years$69,497$68,203$66,949$65,732$64,553$62,297
3 years$45,871$44,571$43,320$42,115$40,955$38,759
4 years$34,061$32,765$31,526$30,342$29,209$27,090
5 years$26,976$25,688$24,465$23,305$22,204$20,168
6 years$22,255$20,976$19,772$18,637$17,570$15,619
7 years$18,883$17,616$16,430$15,323$14,289$12,424
8 years$16,356$15,100$13,934$12,854$11,854$10,075
9 years$14,392$13,147$12,002$10,949$9,983$8,288
10 years$12,821$11,589$10,463$9,438$8,506$6,894
11 years$11,537$10,317$9,212$8,214$7,315$5,785
12 years$10,467$9,260$8,175$7,205$6,339$4,889
13 years$9,563$8,368$7,304$6,361$5,528$4,155
14 years$8,788$7,606$6,563$5,646$4,846$3,547
15 years$8,118$6,949$5,925$5,035$4,267$3,041
16 years$7,532$6,375$5,372$4,509$3,771$2,615
17 years$7,015$5,871$4,888$4,051$3,343$2,255
18 years$6,556$5,425$4,462$3,651$2,973$1,949
19 years$6,146$5,028$4,085$3,299$2,650$1,688
20 years$5,778$4,672$3,749$2,988$2,367$1,465
21 years$5,445$4,352$3,448$2,712$2,118$1,272
22 years$5,142$4,063$3,178$2,465$1,899$1,107
23 years$4,867$3,800$2,935$2,245$1,704$964
24 years$4,615$3,560$2,714$2,048$1,532$840
25 years$4,383$3,341$2,514$1,870$1,378$733
26 years$4,169$3,140$2,331$1,710$1,242$640
27 years$3,972$2,955$2,165$1,565$1,119$559
28 years$3,789$2,784$2,013$1,434$1,010$489
29 years$3,619$2,627$1,873$1,315$912$427
30 years$3,460$2,481$1,744$1,207$824$374
31 years$3,313$2,345$1,626$1,108$745$327
32 years$3,174$2,219$1,517$1,019$674$286
33 years$3,044$2,101$1,417$937$610$251
34 years$2,923$1,992$1,324$862$552$219
35 years$2,808$1,889$1,238$793$500$192
36 years$2,700$1,793$1,158$731$453$168
37 years$2,598$1,703$1,084$673$411$148
38 years$2,502$1,618$1,015$621$372$129
39 years$2,411$1,539$951$572$338$113
40 years$2,324$1,464$891$528$306$99
41 years$2,242$1,394$836$487$278$87
42 years$2,164$1,327$784$449$252$76
43 years$2,090$1,265$736$415$229$67
44 years$2,020$1,206$690$383$208$59
45 years$1,953$1,150$648$354$189$51
46 years$1,889$1,097$609$327$171$45
47 years$1,828$1,047$572$302$155$40
48 years$1,769$999$538$279$141$35
49 years$1,713$954$505$258$128$30
50 years$1,660$911$475$238$116$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,700,000, adding $3,342 every year, while hoping to spend $20,150 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: 63/31/6 Blend
44$1,700,000$1,700,000$1,700,000$1,700,000
45$1,876,847$1,786,747$1,760,397$1,992,934
46$2,046,846$1,852,858$1,797,931$2,136,811
47$2,233,510$1,921,534$1,836,047$2,291,155
48$2,438,516$1,992,877$1,874,743$2,459,139
49$2,663,715$2,066,999$1,914,017$2,642,083
50$2,911,143$2,144,010$1,953,866$2,841,437
51$3,183,044$2,224,031$1,994,284$3,058,798
52$3,481,890$2,307,184$2,035,269$3,295,921
53$3,810,405$2,393,599$2,076,812$3,554,739
54$4,171,589$2,483,408$2,118,909$3,837,379
55$4,568,749$2,576,753$2,161,550$4,146,180
56$5,005,526$2,673,778$2,204,726$4,483,719
57$5,485,934$2,774,637$2,248,429$4,852,830
58$6,014,393$2,879,489$2,292,645$5,256,634
59$6,595,775$2,988,498$2,337,363$5,698,566
60$7,235,448$3,101,837$2,382,568$6,182,408
61$7,939,324$3,219,688$2,428,245$6,712,322
62$8,713,921$3,342,239$2,474,376$7,292,894
63$9,566,417$3,469,685$2,520,944$7,929,170
64$10,504,724$3,602,231$2,567,928$8,626,708
65$11,537,557$3,740,092$2,615,306$9,391,629
66$12,674,523$3,883,491$2,663,053$10,230,670
67$13,926,203$4,032,661$2,711,144$11,151,254
68$15,304,259$4,187,845$2,759,550$12,161,555
69$16,821,540$4,349,296$2,808,242$13,270,573
70$18,492,206$4,517,281$2,857,187$14,488,224
71$20,331,859$4,692,075$2,906,351$15,825,427
72$22,357,689$4,873,968$2,955,694$17,294,209
73$24,588,642$5,063,260$3,005,178$18,907,818
74$27,045,592$5,260,268$3,054,760$20,680,847
75$29,751,541$5,465,320$3,104,393$22,629,369
76$32,731,836$5,678,759$3,154,029$24,771,090
77$36,014,410$5,900,945$3,203,615$27,125,516
78$39,630,040$6,132,251$3,253,096$29,714,134
79$43,612,642$6,373,069$3,302,413$32,560,614
80$47,999,590$6,623,808$3,351,502$35,691,031
81$52,832,068$6,884,895$3,400,298$39,134,114
82$58,155,459$7,156,775$3,448,728$42,921,511
83$64,019,774$7,439,915$3,496,718$47,088,088
84$70,480,121$7,734,801$3,544,188$51,672,259
85$77,597,229$8,041,942$3,591,054$56,716,347
86$85,438,019$8,361,869$3,637,227$62,266,978
87$94,076,233$8,695,137$3,682,611$68,375,525
88$103,593,137$9,042,328$3,727,106$75,098,589
89$114,078,281$9,404,045$3,770,608$82,498,532
90$125,630,347$9,780,925$3,813,005$90,644,064
91$138,358,080$10,173,628$3,854,178$99,610,892
92$152,381,315$10,582,846$3,894,004$109,482,428
93$167,832,108$11,009,304$3,932,351$120,350,582
94$184,855,980$11,453,757$3,969,082$132,316,622
95$203,613,294$11,916,996$4,004,051$145,492,127
96$224,280,768$12,399,846$4,037,105$160,000,047
97$247,053,140$12,903,172$4,068,081$175,975,851
98$272,145,009$13,427,877$4,096,811$193,568,810
99$299,792,862$13,974,904$4,123,116$212,943,403
100$330,257,300$14,545,242$4,146,807$234,280,866