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

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$140,384$139,134$137,914$136,723$135,560$131,221
2 years$69,497$68,203$66,949$65,732$64,553$60,221
3 years$45,871$44,571$43,320$42,115$40,955$36,766
4 years$34,061$32,765$31,526$30,342$29,209$25,197
5 years$26,976$25,688$24,465$23,305$22,204$18,378
6 years$22,255$20,976$19,772$18,637$17,570$13,933
7 years$18,883$17,616$16,430$15,323$14,289$10,841
8 years$16,356$15,100$13,934$12,854$11,854$8,593
9 years$14,392$13,147$12,002$10,949$9,983$6,905
10 years$12,821$11,589$10,463$9,438$8,506$5,606
11 years$11,537$10,317$9,212$8,214$7,315$4,589
12 years$10,467$9,260$8,175$7,205$6,339$3,780
13 years$9,563$8,368$7,304$6,361$5,528$3,130
14 years$8,788$7,606$6,563$5,646$4,846$2,602
15 years$8,118$6,949$5,925$5,035$4,267$2,170
16 years$7,532$6,375$5,372$4,509$3,771$1,815
17 years$7,015$5,871$4,888$4,051$3,343$1,522
18 years$6,556$5,425$4,462$3,651$2,973$1,278
19 years$6,146$5,028$4,085$3,299$2,650$1,075
20 years$5,778$4,672$3,749$2,988$2,367$906
21 years$5,445$4,352$3,448$2,712$2,118$764
22 years$5,142$4,063$3,178$2,465$1,899$645
23 years$4,867$3,800$2,935$2,245$1,704$544
24 years$4,615$3,560$2,714$2,048$1,532$460
25 years$4,383$3,341$2,514$1,870$1,378$389
26 years$4,169$3,140$2,331$1,710$1,242$329
27 years$3,972$2,955$2,165$1,565$1,119$279
28 years$3,789$2,784$2,013$1,434$1,010$236
29 years$3,619$2,627$1,873$1,315$912$200
30 years$3,460$2,481$1,744$1,207$824$169
31 years$3,313$2,345$1,626$1,108$745$143
32 years$3,174$2,219$1,517$1,019$674$122
33 years$3,044$2,101$1,417$937$610$103
34 years$2,923$1,992$1,324$862$552$87
35 years$2,808$1,889$1,238$793$500$74
36 years$2,700$1,793$1,158$731$453$63
37 years$2,598$1,703$1,084$673$411$53
38 years$2,502$1,618$1,015$621$372$45
39 years$2,411$1,539$951$572$338$38
40 years$2,324$1,464$891$528$306$32
41 years$2,242$1,394$836$487$278$27
42 years$2,164$1,327$784$449$252$23
43 years$2,090$1,265$736$415$229$20
44 years$2,020$1,206$690$383$208$17
45 years$1,953$1,150$648$354$189$14
46 years$1,889$1,097$609$327$171$12
47 years$1,828$1,047$572$302$155$10
48 years$1,769$999$538$279$141$9
49 years$1,713$954$505$258$128$7
50 years$1,660$911$475$238$116$6

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 $2,201 every year, while hoping to spend $52,155 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: 40/43/17 Blend
44$1,700,000$1,700,000$1,700,000$1,700,000
45$1,875,670$1,785,570$1,759,220$1,941,146
46$2,011,496$1,817,571$1,762,662$2,019,959
47$2,159,428$1,849,391$1,764,470$2,099,957
48$2,320,646$1,880,968$1,764,536$2,185,399
49$2,496,449$1,912,232$1,762,745$2,276,805
50$2,688,265$1,943,109$1,758,975$2,374,753
51$2,897,667$1,973,521$1,753,100$2,479,877
52$3,126,387$2,003,381$1,744,987$2,592,878
53$3,376,331$2,032,599$1,734,496$2,714,532
54$3,649,597$2,061,077$1,721,482$2,845,693
55$3,948,496$2,088,710$1,705,792$2,987,307
56$4,275,572$2,115,386$1,687,266$3,140,416
57$4,633,626$2,140,986$1,665,735$3,306,172
58$5,025,743$2,165,382$1,641,024$3,485,846
59$5,455,320$2,188,436$1,612,950$3,680,842
60$5,926,098$2,210,005$1,581,318$3,892,708
61$6,442,196$2,229,932$1,545,929$4,123,158
62$7,008,153$2,248,051$1,506,571$4,374,078
63$7,628,967$2,264,188$1,463,023$4,647,554
64$8,310,142$2,278,153$1,415,054$4,945,888
65$9,057,742$2,289,748$1,362,424$5,271,619
66$9,878,446$2,298,760$1,304,880$5,627,553
67$10,779,612$2,304,964$1,242,157$6,016,785
68$11,769,343$2,308,118$1,173,981$6,442,730
69$12,856,569$2,307,969$1,100,062$6,909,158
70$14,051,125$2,304,245$1,020,100$7,420,231
71$15,363,846$2,296,659$933,779$7,980,539
72$16,806,669$2,284,906$840,772$8,595,149
73$18,392,744$2,268,662$740,733$9,269,652
74$20,136,561$2,247,583$633,304$10,010,217
75$22,054,082$2,221,306$518,111$10,823,650
76$24,162,892$2,189,444$394,762$11,717,460
77$26,482,370$2,151,589$262,849$12,699,933
78$29,033,862$2,107,307$121,945$13,780,210
79$31,840,890$2,056,140$0$14,968,372
80$34,929,371$1,997,601$0$16,280,701
81$38,327,859$1,931,176$0$17,748,249
82$42,067,818$1,856,320$0$19,362,498
83$46,183,913$1,772,458$0$21,138,468
84$50,714,343$1,678,979$0$23,092,721
85$55,701,197$1,575,240$0$25,243,518
86$61,190,851$1,460,558$0$27,610,994
87$67,234,405$1,334,213$0$30,217,349
88$73,888,168$1,195,443$0$33,087,059
89$81,214,184$1,043,443$0$36,247,108
90$89,280,820$877,361$0$39,727,250
91$98,163,411$696,299$0$43,560,285
92$107,944,969$499,308$0$47,782,375
93$118,716,965$285,384$0$52,433,389
94$130,580,197$53,468$0$57,557,279
95$143,645,731$0$0$63,202,499
96$158,035,961$0$0$69,515,945
97$173,885,752$0$0$76,497,925
98$191,343,721$0$0$84,188,643
99$210,573,634$0$0$92,660,285
100$231,755,953$0$0$101,992,394