Can I retire at age 45 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$142,862$141,589$140,348$139,136$137,953$132,427
2 years$70,724$69,406$68,130$66,892$65,692$60,194
3 years$46,681$45,358$44,085$42,859$41,678$36,381
4 years$34,662$33,343$32,082$30,877$29,725$24,670
5 years$27,452$26,141$24,897$23,717$22,596$17,795
6 years$22,647$21,346$20,121$18,966$17,880$13,336
7 years$19,217$17,927$16,720$15,593$14,541$10,253
8 years$16,645$15,366$14,180$13,081$12,063$8,026
9 years$14,646$13,379$12,213$11,142$10,159$6,367
10 years$13,047$11,793$10,648$9,604$8,656$5,101
11 years$11,740$10,499$9,374$8,359$7,444$4,119
12 years$10,652$9,423$8,319$7,332$6,451$3,346
13 years$9,732$8,516$7,433$6,473$5,626$2,731
14 years$8,943$7,741$6,678$5,746$4,931$2,237
15 years$8,261$7,071$6,030$5,124$4,342$1,838
16 years$7,665$6,488$5,467$4,588$3,837$1,514
17 years$7,139$5,975$4,975$4,123$3,402$1,250
18 years$6,672$5,521$4,541$3,715$3,025$1,034
19 years$6,255$5,117$4,157$3,357$2,697$856
20 years$5,880$4,755$3,815$3,040$2,409$709
21 years$5,541$4,429$3,509$2,759$2,155$588
22 years$5,233$4,134$3,234$2,509$1,932$489
23 years$4,953$3,867$2,986$2,285$1,734$406
24 years$4,696$3,623$2,762$2,084$1,559$337
25 years$4,460$3,400$2,558$1,903$1,403$281
26 years$4,243$3,195$2,372$1,740$1,264$233
27 years$4,042$3,007$2,203$1,593$1,139$194
28 years$3,856$2,834$2,048$1,459$1,028$162
29 years$3,683$2,673$1,906$1,338$928$135
30 years$3,522$2,525$1,775$1,228$839$112
31 years$3,371$2,387$1,655$1,128$758$93
32 years$3,230$2,258$1,544$1,037$686$78
33 years$3,098$2,139$1,442$953$621$65
34 years$2,974$2,027$1,347$877$562$54
35 years$2,858$1,922$1,259$807$509$45
36 years$2,748$1,825$1,178$744$461$37
37 years$2,644$1,733$1,103$685$418$31
38 years$2,546$1,647$1,033$632$379$26
39 years$2,453$1,566$968$582$344$22
40 years$2,365$1,490$907$537$312$18
41 years$2,282$1,418$850$496$283$15
42 years$2,203$1,351$798$457$257$13
43 years$2,127$1,287$748$422$233$10
44 years$2,055$1,227$703$390$211$9
45 years$1,987$1,170$660$360$192$7
46 years$1,922$1,116$620$333$174$6
47 years$1,860$1,065$582$307$158$5
48 years$1,800$1,017$547$284$144$4
49 years$1,743$971$514$262$130$3
50 years$1,689$927$483$242$119$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,730,000, adding $5,081 every year, while hoping to spend $37,685 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: 55/25/20 Blend
44$1,730,000$1,730,000$1,730,000$1,730,000
45$1,911,701$1,820,011$1,793,196$2,006,240
46$2,066,598$1,869,095$1,813,172$2,120,527
47$2,236,031$1,919,321$1,832,553$2,240,493
48$2,421,444$1,970,705$1,851,281$2,370,317
49$2,624,425$2,023,264$1,869,293$2,510,951
50$2,846,724$2,077,011$1,886,522$2,663,446
51$3,090,268$2,131,962$1,902,898$2,828,961
52$3,357,178$2,188,131$1,918,348$3,008,770
53$3,649,791$2,245,531$1,932,794$3,204,276
54$3,970,682$2,304,174$1,946,155$3,417,027
55$4,322,685$2,364,072$1,958,344$3,648,725
56$4,708,923$2,425,235$1,969,272$3,901,248
57$5,132,834$2,487,673$1,978,844$4,176,663
58$5,598,208$2,551,394$1,986,960$4,477,248
59$6,109,217$2,616,405$1,993,516$4,805,512
60$6,670,460$2,682,711$1,998,401$5,164,221
61$7,286,999$2,750,316$2,001,499$5,556,422
62$7,964,414$2,819,222$2,002,691$5,985,471
63$8,708,850$2,889,431$2,001,847$6,455,068
64$9,527,080$2,960,939$1,998,836$6,969,288
65$10,426,561$3,033,745$1,993,516$7,532,623
66$11,415,513$3,107,841$1,985,741$8,150,022
67$12,502,989$3,183,219$1,975,358$8,826,939
68$13,698,965$3,259,868$1,962,203$9,569,384
69$15,014,432$3,337,774$1,946,110$10,383,981
70$16,461,499$3,416,919$1,926,899$11,278,026
71$18,053,508$3,497,285$1,904,387$12,259,565
72$19,805,160$3,578,845$1,878,377$13,337,460
73$21,732,651$3,661,573$1,848,668$14,521,479
74$23,853,828$3,745,437$1,815,045$15,822,387
75$26,188,355$3,830,401$1,777,286$17,252,047
76$28,757,900$3,916,422$1,735,157$18,823,532
77$31,586,335$4,003,456$1,688,414$20,551,250
78$34,699,967$4,091,452$1,636,802$22,451,079
79$38,127,782$4,180,352$1,580,053$24,540,517
80$41,901,720$4,270,093$1,517,889$26,838,850
81$46,056,974$4,360,606$1,450,017$29,367,329
82$50,632,324$4,451,814$1,376,131$32,149,377
83$55,670,502$4,543,634$1,295,912$35,210,804
84$61,218,595$4,635,974$1,209,027$38,580,059
85$67,328,489$4,728,734$1,115,127$42,288,491
86$74,057,359$4,821,806$1,013,848$46,370,651
87$81,468,206$4,915,071$904,809$50,864,614
88$89,630,456$5,008,402$787,612$55,812,343
89$98,620,608$5,101,660$661,843$61,260,083
90$108,522,963$5,194,694$527,067$67,258,800
91$119,430,414$5,287,343$382,833$73,864,661
92$131,445,326$5,379,432$228,668$81,139,567
93$144,680,499$5,470,774$64,078$89,151,733
94$159,260,233$5,561,165$0$97,976,340
95$175,321,503$5,650,389$0$107,720,050
96$193,015,250$5,738,212$0$118,466,501
97$212,507,804$5,824,383$0$130,302,753
98$233,982,456$5,908,633$0$143,339,825
99$257,641,187$5,990,676$0$157,700,063
100$283,706,572$6,070,204$0$173,518,289