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

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$142,862$141,589$140,348$139,136$137,953$136,285
2 years$70,724$69,406$68,130$66,892$65,692$64,014
3 years$46,681$45,358$44,085$42,859$41,678$40,041
4 years$34,662$33,343$32,082$30,877$29,725$28,142
5 years$27,452$26,141$24,897$23,717$22,596$21,073
6 years$22,647$21,346$20,121$18,966$17,880$16,417
7 years$19,217$17,927$16,720$15,593$14,541$13,139
8 years$16,645$15,366$14,180$13,081$12,063$10,722
9 years$14,646$13,379$12,213$11,142$10,159$8,878
10 years$13,047$11,793$10,648$9,604$8,656$7,435
11 years$11,740$10,499$9,374$8,359$7,444$6,282
12 years$10,652$9,423$8,319$7,332$6,451$5,346
13 years$9,732$8,516$7,433$6,473$5,626$4,576
14 years$8,943$7,741$6,678$5,746$4,931$3,936
15 years$8,261$7,071$6,030$5,124$4,342$3,399
16 years$7,665$6,488$5,467$4,588$3,837$2,946
17 years$7,139$5,975$4,975$4,123$3,402$2,560
18 years$6,672$5,521$4,541$3,715$3,025$2,231
19 years$6,255$5,117$4,157$3,357$2,697$1,948
20 years$5,880$4,755$3,815$3,040$2,409$1,703
21 years$5,541$4,429$3,509$2,759$2,155$1,492
22 years$5,233$4,134$3,234$2,509$1,932$1,309
23 years$4,953$3,867$2,986$2,285$1,734$1,150
24 years$4,696$3,623$2,762$2,084$1,559$1,011
25 years$4,460$3,400$2,558$1,903$1,403$889
26 years$4,243$3,195$2,372$1,740$1,264$783
27 years$4,042$3,007$2,203$1,593$1,139$690
28 years$3,856$2,834$2,048$1,459$1,028$609
29 years$3,683$2,673$1,906$1,338$928$537
30 years$3,522$2,525$1,775$1,228$839$474
31 years$3,371$2,387$1,655$1,128$758$419
32 years$3,230$2,258$1,544$1,037$686$370
33 years$3,098$2,139$1,442$953$621$327
34 years$2,974$2,027$1,347$877$562$289
35 years$2,858$1,922$1,259$807$509$255
36 years$2,748$1,825$1,178$744$461$226
37 years$2,644$1,733$1,103$685$418$200
38 years$2,546$1,647$1,033$632$379$177
39 years$2,453$1,566$968$582$344$156
40 years$2,365$1,490$907$537$312$138
41 years$2,282$1,418$850$496$283$122
42 years$2,203$1,351$798$457$257$108
43 years$2,127$1,287$748$422$233$96
44 years$2,055$1,227$703$390$211$85
45 years$1,987$1,170$660$360$192$75
46 years$1,922$1,116$620$333$174$66
47 years$1,860$1,065$582$307$158$59
48 years$1,800$1,017$547$284$144$52
49 years$1,743$971$514$262$130$46
50 years$1,689$927$483$242$119$41

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 $6,484 every year, while hoping to spend $31,916 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: 62/15/23 Blend
44$1,730,000$1,730,000$1,730,000$1,730,000
45$1,913,148$1,821,458$1,794,643$2,019,818
46$2,074,331$1,876,751$1,820,805$2,148,046
47$2,250,885$1,933,684$1,846,774$2,283,890
48$2,444,343$1,992,303$1,872,510$2,431,496
49$2,656,397$2,052,656$1,897,969$2,592,017
50$2,888,906$2,114,793$1,923,108$2,766,721
51$3,143,920$2,178,763$1,947,877$2,957,005
52$3,423,696$2,244,619$1,972,227$3,164,408
53$3,730,721$2,312,413$1,996,105$3,390,623
54$4,067,733$2,382,200$2,019,453$3,637,519
55$4,437,750$2,454,036$2,042,213$3,907,150
56$4,844,094$2,527,978$2,064,321$4,201,781
57$5,290,427$2,604,084$2,085,711$4,523,907
58$5,780,781$2,682,414$2,106,313$4,876,277
59$6,319,599$2,763,031$2,126,053$5,261,918
60$6,911,776$2,845,997$2,144,853$5,684,166
61$7,562,703$2,931,378$2,162,632$6,146,696
62$8,278,322$3,019,238$2,179,303$6,653,556
63$9,065,177$3,109,647$2,194,776$7,209,208
64$9,930,479$3,202,673$2,208,955$7,818,567
65$10,882,172$3,298,389$2,221,739$8,487,048
66$11,929,009$3,396,866$2,233,023$9,220,618
67$13,080,635$3,498,179$2,242,697$10,025,852
68$14,347,675$3,602,405$2,250,642$10,909,993
69$15,741,837$3,709,622$2,256,738$11,881,026
70$17,276,021$3,819,910$2,260,855$12,947,745
71$18,964,439$3,933,350$2,262,858$14,119,842
72$20,822,754$4,050,026$2,262,605$15,407,997
73$22,868,220$4,170,023$2,259,948$16,823,980
74$25,119,853$4,293,428$2,254,731$18,380,756
75$27,598,604$4,420,332$2,246,790$20,092,618
76$30,327,557$4,550,824$2,235,953$21,975,311
77$33,332,152$4,684,998$2,222,041$24,046,188
78$36,640,417$4,822,948$2,204,865$26,324,370
79$40,283,240$4,964,773$2,184,228$28,830,929
80$44,294,653$5,110,570$2,159,923$31,589,084
81$48,712,161$5,260,441$2,131,734$34,624,423
82$53,577,087$5,414,488$2,099,432$37,965,144
83$58,934,968$5,572,816$2,062,782$41,642,320
84$64,835,984$5,735,533$2,021,534$45,690,192
85$71,335,427$5,902,747$1,975,427$50,146,495
86$78,494,227$6,074,568$1,924,191$55,052,812
87$86,379,527$6,251,111$1,867,540$60,454,966
88$95,065,312$6,432,488$1,805,176$66,403,456
89$104,633,112$6,618,819$1,736,788$72,953,931
90$115,172,769$6,810,220$1,662,049$80,167,715
91$126,783,283$7,006,813$1,580,620$88,112,388
92$139,573,751$7,208,720$1,492,144$96,862,425
93$153,664,392$7,416,066$1,396,249$106,499,894
94$169,187,683$7,628,976$1,292,547$117,115,238
95$186,289,610$7,847,579$1,180,630$128,808,124
96$205,131,044$8,072,004$1,060,075$141,688,385
97$225,889,260$8,302,382$930,438$155,877,058
98$248,759,613$8,538,847$791,255$171,507,529
99$273,957,375$8,781,532$642,044$188,726,786
100$301,719,775$9,030,574$482,300$207,696,816