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%12.1%
1 years$142,862$141,589$140,348$139,136$137,953$136,740
2 years$70,724$69,406$68,130$66,892$65,692$64,469
3 years$46,681$45,358$44,085$42,859$41,678$40,484
4 years$34,662$33,343$32,082$30,877$29,725$28,569
5 years$27,452$26,141$24,897$23,717$22,596$21,481
6 years$22,647$21,346$20,121$18,966$17,880$16,807
7 years$19,217$17,927$16,720$15,593$14,541$13,512
8 years$16,645$15,366$14,180$13,081$12,063$11,077
9 years$14,646$13,379$12,213$11,142$10,159$9,215
10 years$13,047$11,793$10,648$9,604$8,656$7,754
11 years$11,740$10,499$9,374$8,359$7,444$6,584
12 years$10,652$9,423$8,319$7,332$6,451$5,632
13 years$9,732$8,516$7,433$6,473$5,626$4,846
14 years$8,943$7,741$6,678$5,746$4,931$4,190
15 years$8,261$7,071$6,030$5,124$4,342$3,639
16 years$7,665$6,488$5,467$4,588$3,837$3,171
17 years$7,139$5,975$4,975$4,123$3,402$2,771
18 years$6,672$5,521$4,541$3,715$3,025$2,428
19 years$6,255$5,117$4,157$3,357$2,697$2,132
20 years$5,880$4,755$3,815$3,040$2,409$1,876
21 years$5,541$4,429$3,509$2,759$2,155$1,653
22 years$5,233$4,134$3,234$2,509$1,932$1,459
23 years$4,953$3,867$2,986$2,285$1,734$1,289
24 years$4,696$3,623$2,762$2,084$1,559$1,140
25 years$4,460$3,400$2,558$1,903$1,403$1,010
26 years$4,243$3,195$2,372$1,740$1,264$895
27 years$4,042$3,007$2,203$1,593$1,139$794
28 years$3,856$2,834$2,048$1,459$1,028$704
29 years$3,683$2,673$1,906$1,338$928$626
30 years$3,522$2,525$1,775$1,228$839$556
31 years$3,371$2,387$1,655$1,128$758$494
32 years$3,230$2,258$1,544$1,037$686$439
33 years$3,098$2,139$1,442$953$621$391
34 years$2,974$2,027$1,347$877$562$348
35 years$2,858$1,922$1,259$807$509$309
36 years$2,748$1,825$1,178$744$461$275
37 years$2,644$1,733$1,103$685$418$245
38 years$2,546$1,647$1,033$632$379$218
39 years$2,453$1,566$968$582$344$195
40 years$2,365$1,490$907$537$312$173
41 years$2,282$1,418$850$496$283$154
42 years$2,203$1,351$798$457$257$138
43 years$2,127$1,287$748$422$233$123
44 years$2,055$1,227$703$390$211$109
45 years$1,987$1,170$660$360$192$97
46 years$1,922$1,116$620$333$174$87
47 years$1,860$1,065$582$307$158$77
48 years$1,800$1,017$547$284$144$69
49 years$1,743$971$514$262$130$62
50 years$1,689$927$483$242$119$55

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 $2,454 every year, while hoping to spend $54,148 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: 59/17/24 Blend
44$1,730,000$1,730,000$1,730,000$1,730,000
45$1,908,991$1,817,301$1,790,486$2,009,186
46$2,046,095$1,848,736$1,792,855$2,109,125
47$2,195,369$1,879,896$1,793,487$2,212,033
48$2,357,997$1,910,711$1,792,269$2,323,107
49$2,535,282$1,941,105$1,789,080$2,443,151
50$2,728,658$1,970,997$1,783,791$2,573,051
51$2,939,704$2,000,299$1,776,271$2,713,787
52$3,170,158$2,028,917$1,766,380$2,866,435
53$3,421,932$2,056,752$1,753,971$3,032,187
54$3,697,131$2,083,695$1,738,892$3,212,353
55$3,998,076$2,109,634$1,720,982$3,408,383
56$4,327,318$2,134,443$1,700,073$3,621,871
57$4,687,667$2,157,994$1,675,989$3,854,578
58$5,082,220$2,180,147$1,648,545$4,108,447
59$5,514,383$2,200,751$1,617,548$4,385,619
60$5,987,912$2,219,649$1,582,798$4,688,456
61$6,506,939$2,236,672$1,544,081$5,019,564
62$7,076,017$2,251,639$1,501,178$5,381,815
63$7,700,160$2,264,359$1,453,857$5,778,380
64$8,384,890$2,274,627$1,401,875$6,212,751
65$9,136,292$2,282,226$1,344,981$6,688,783
66$9,961,065$2,286,927$1,282,909$7,210,727
67$10,866,591$2,288,483$1,215,384$7,783,268
68$11,860,999$2,286,635$1,142,115$8,411,576
69$12,953,246$2,281,105$1,062,801$9,101,349
70$14,153,199$2,271,601$977,127$9,858,872
71$15,471,727$2,257,811$884,762$10,691,076
72$16,920,805$2,239,405$785,363$11,605,601
73$18,513,623$2,216,032$678,569$12,610,874
74$20,264,716$2,187,321$564,004$13,716,184
75$22,190,096$2,152,879$441,277$14,931,775
76$24,307,403$2,112,287$309,978$16,268,941
77$26,636,074$2,065,106$169,678$17,740,135
78$29,197,523$2,010,865$19,932$19,359,085
79$32,015,344$1,949,071$0$21,140,929
80$35,115,532$1,879,199$0$23,138,174
81$38,526,730$1,800,693$0$25,341,173
82$42,280,497$1,712,967$0$27,765,232
83$46,411,605$1,615,400$0$30,432,846
84$50,958,369$1,507,335$0$33,368,809
85$55,963,006$1,388,077$0$36,600,445
86$61,472,032$1,256,893$0$40,157,866
87$67,536,704$1,113,005$0$44,074,259
88$74,213,500$955,595$0$48,386,198
89$81,564,653$783,795$0$53,133,988
90$89,658,737$596,690$0$58,362,052
91$98,571,314$393,314$0$64,119,345
92$108,385,646$172,645$0$70,459,820
93$119,193,482$0$0$77,442,934
94$131,095,921$0$0$85,146,639
95$144,204,368$0$0$93,666,675
96$158,641,580$0$0$103,050,560
97$174,542,832$0$0$113,386,243
98$192,057,185$0$0$124,770,637
99$211,348,899$0$0$137,310,539
100$232,598,976$0$0$151,123,629