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%12.9%
1 years$140,384$139,134$137,914$136,723$135,560$133,922
2 years$69,497$68,203$66,949$65,732$64,553$62,904
3 years$45,871$44,571$43,320$42,115$40,955$39,347
4 years$34,061$32,765$31,526$30,342$29,209$27,654
5 years$26,976$25,688$24,465$23,305$22,204$20,707
6 years$22,255$20,976$19,772$18,637$17,570$16,132
7 years$18,883$17,616$16,430$15,323$14,289$12,911
8 years$16,356$15,100$13,934$12,854$11,854$10,536
9 years$14,392$13,147$12,002$10,949$9,983$8,724
10 years$12,821$11,589$10,463$9,438$8,506$7,306
11 years$11,537$10,317$9,212$8,214$7,315$6,173
12 years$10,467$9,260$8,175$7,205$6,339$5,253
13 years$9,563$8,368$7,304$6,361$5,528$4,497
14 years$8,788$7,606$6,563$5,646$4,846$3,868
15 years$8,118$6,949$5,925$5,035$4,267$3,340
16 years$7,532$6,375$5,372$4,509$3,771$2,895
17 years$7,015$5,871$4,888$4,051$3,343$2,516
18 years$6,556$5,425$4,462$3,651$2,973$2,192
19 years$6,146$5,028$4,085$3,299$2,650$1,914
20 years$5,778$4,672$3,749$2,988$2,367$1,674
21 years$5,445$4,352$3,448$2,712$2,118$1,466
22 years$5,142$4,063$3,178$2,465$1,899$1,286
23 years$4,867$3,800$2,935$2,245$1,704$1,130
24 years$4,615$3,560$2,714$2,048$1,532$993
25 years$4,383$3,341$2,514$1,870$1,378$874
26 years$4,169$3,140$2,331$1,710$1,242$770
27 years$3,972$2,955$2,165$1,565$1,119$678
28 years$3,789$2,784$2,013$1,434$1,010$598
29 years$3,619$2,627$1,873$1,315$912$528
30 years$3,460$2,481$1,744$1,207$824$466
31 years$3,313$2,345$1,626$1,108$745$411
32 years$3,174$2,219$1,517$1,019$674$363
33 years$3,044$2,101$1,417$937$610$321
34 years$2,923$1,992$1,324$862$552$284
35 years$2,808$1,889$1,238$793$500$251
36 years$2,700$1,793$1,158$731$453$222
37 years$2,598$1,703$1,084$673$411$196
38 years$2,502$1,618$1,015$621$372$174
39 years$2,411$1,539$951$572$338$154
40 years$2,324$1,464$891$528$306$136
41 years$2,242$1,394$836$487$278$120
42 years$2,164$1,327$784$449$252$106
43 years$2,090$1,265$736$415$229$94
44 years$2,020$1,206$690$383$208$83
45 years$1,953$1,150$648$354$189$74
46 years$1,889$1,097$609$327$171$65
47 years$1,828$1,047$572$302$155$58
48 years$1,769$999$538$279$141$51
49 years$1,713$954$505$258$128$45
50 years$1,660$911$475$238$116$40

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 $3,161 every year, while hoping to spend $44,190 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: 78/16/6 Blend
44$1,700,000$1,700,000$1,700,000$1,700,000
45$1,876,661$1,786,561$1,760,211$2,021,818
46$2,021,062$1,827,084$1,772,160$2,157,977
47$2,178,712$1,868,112$1,783,028$2,301,179
48$2,350,914$1,909,623$1,792,733$2,456,903
49$2,539,104$1,951,593$1,801,187$2,626,373
50$2,744,865$1,993,993$1,808,299$2,810,940
51$2,969,937$2,036,794$1,813,973$3,012,088
52$3,216,236$2,079,962$1,818,107$3,231,453
53$3,485,874$2,123,463$1,820,595$3,470,838
54$3,781,175$2,167,254$1,821,327$3,732,227
55$4,104,699$2,211,293$1,820,185$4,017,805
56$4,459,264$2,255,532$1,817,047$4,329,981
57$4,847,975$2,299,919$1,811,784$4,671,405
58$5,274,251$2,344,398$1,804,262$5,045,001
59$5,741,859$2,388,908$1,794,338$5,453,985
60$6,254,946$2,433,382$1,781,866$5,901,903
61$6,818,081$2,477,749$1,766,690$6,392,662
62$7,436,299$2,521,931$1,748,647$6,930,564
63$8,115,141$2,565,846$1,727,567$7,520,351
64$8,860,716$2,609,404$1,703,271$8,167,246
65$9,679,752$2,652,507$1,675,573$8,877,005
66$10,579,659$2,695,052$1,644,278$9,655,968
67$11,568,603$2,736,929$1,609,180$10,511,123
68$12,655,579$2,778,016$1,570,065$11,450,169
69$13,850,496$2,818,187$1,526,710$12,481,587
70$15,164,272$2,857,303$1,478,880$13,614,726
71$16,608,935$2,895,219$1,426,331$14,859,885
72$18,197,738$2,931,776$1,368,804$16,228,412
73$19,945,282$2,966,808$1,306,034$17,732,815
74$21,867,654$3,000,134$1,237,739$19,386,873
75$23,982,578$3,031,564$1,163,626$21,205,772
76$26,309,583$3,060,893$1,083,390$23,206,246
77$28,870,188$3,087,904$996,711$25,406,734
78$31,688,101$3,112,365$903,255$27,827,556
79$34,789,445$3,134,029$802,672$30,491,103
80$38,203,005$3,152,633$694,598$33,422,052
81$41,960,497$3,167,897$578,652$36,647,594
82$46,096,867$3,179,524$454,437$40,197,694
83$50,650,624$3,187,197$321,537$44,105,372
84$55,664,199$3,190,581$179,519$48,407,018
85$61,184,345$3,189,317$27,931$53,142,733
86$67,262,581$3,183,027$0$58,356,708
87$73,955,677$3,171,307$0$64,106,208
88$81,326,186$3,153,732$0$70,438,798
89$89,443,038$3,129,846$0$77,411,860
90$98,382,190$3,099,170$0$85,090,602
91$108,227,337$3,061,194$0$93,546,882
92$119,070,710$3,015,377$0$102,859,886
93$131,013,939$2,961,146$0$113,116,875
94$144,169,015$2,897,896$0$124,414,010
95$158,659,345$2,824,984$0$136,857,260
96$174,620,919$2,741,730$0$150,563,403
97$192,203,592$2,647,413$0$165,661,126
98$211,572,493$2,541,271$0$182,292,242
99$232,909,593$2,422,500$0$200,613,029
100$256,415,414$2,290,244$0$220,795,704