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%15.3%
1 years$142,862$141,589$140,348$139,136$137,953$134,947
2 years$70,724$69,406$68,130$66,892$65,692$62,678
3 years$46,681$45,358$44,085$42,859$41,678$38,751
4 years$34,662$33,343$32,082$30,877$29,725$26,907
5 years$27,452$26,141$24,897$23,717$22,596$19,896
6 years$22,647$21,346$20,121$18,966$17,880$15,300
7 years$19,217$17,927$16,720$15,593$14,541$12,081
8 years$16,645$15,366$14,180$13,081$12,063$9,723
9 years$14,646$13,379$12,213$11,142$10,159$7,937
10 years$13,047$11,793$10,648$9,604$8,656$6,550
11 years$11,740$10,499$9,374$8,359$7,444$5,451
12 years$10,652$9,423$8,319$7,332$6,451$4,568
13 years$9,732$8,516$7,433$6,473$5,626$3,849
14 years$8,943$7,741$6,678$5,746$4,931$3,257
15 years$8,261$7,071$6,030$5,124$4,342$2,767
16 years$7,665$6,488$5,467$4,588$3,837$2,358
17 years$7,139$5,975$4,975$4,123$3,402$2,015
18 years$6,672$5,521$4,541$3,715$3,025$1,725
19 years$6,255$5,117$4,157$3,357$2,697$1,480
20 years$5,880$4,755$3,815$3,040$2,409$1,271
21 years$5,541$4,429$3,509$2,759$2,155$1,094
22 years$5,233$4,134$3,234$2,509$1,932$942
23 years$4,953$3,867$2,986$2,285$1,734$812
24 years$4,696$3,623$2,762$2,084$1,559$701
25 years$4,460$3,400$2,558$1,903$1,403$605
26 years$4,243$3,195$2,372$1,740$1,264$523
27 years$4,042$3,007$2,203$1,593$1,139$452
28 years$3,856$2,834$2,048$1,459$1,028$391
29 years$3,683$2,673$1,906$1,338$928$338
30 years$3,522$2,525$1,775$1,228$839$292
31 years$3,371$2,387$1,655$1,128$758$253
32 years$3,230$2,258$1,544$1,037$686$219
33 years$3,098$2,139$1,442$953$621$190
34 years$2,974$2,027$1,347$877$562$164
35 years$2,858$1,922$1,259$807$509$143
36 years$2,748$1,825$1,178$744$461$123
37 years$2,644$1,733$1,103$685$418$107
38 years$2,546$1,647$1,033$632$379$93
39 years$2,453$1,566$968$582$344$80
40 years$2,365$1,490$907$537$312$70
41 years$2,282$1,418$850$496$283$60
42 years$2,203$1,351$798$457$257$52
43 years$2,127$1,287$748$422$233$45
44 years$2,055$1,227$703$390$211$39
45 years$1,987$1,170$660$360$192$34
46 years$1,922$1,116$620$333$174$30
47 years$1,860$1,065$582$307$158$26
48 years$1,800$1,017$547$284$144$22
49 years$1,743$971$514$262$130$19
50 years$1,689$927$483$242$119$17

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 $2,253 every year, while hoping to spend $31,618 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: 61/26/13 Blend
44$1,730,000$1,730,000$1,730,000$1,730,000
45$1,908,784$1,817,094$1,790,279$2,019,066
46$2,069,839$1,872,490$1,816,612$2,148,829
47$2,246,261$1,929,541$1,842,768$2,286,582
48$2,439,586$1,988,295$1,868,706$2,436,135
49$2,651,502$2,048,800$1,894,386$2,598,631
50$2,883,870$2,111,106$1,919,763$2,775,329
51$3,138,741$2,175,266$1,944,791$2,967,615
52$3,418,371$2,241,332$1,969,420$3,177,014
53$3,725,246$2,309,359$1,993,597$3,405,205
54$4,062,107$2,379,403$2,017,268$3,654,037
55$4,431,969$2,451,521$2,040,374$3,925,547
56$4,838,155$2,525,772$2,062,852$4,221,977
57$5,284,328$2,602,216$2,084,639$4,545,794
58$5,774,521$2,680,915$2,105,665$4,899,719
59$6,313,175$2,761,933$2,125,858$5,286,745
60$6,905,186$2,845,334$2,145,141$5,710,170
61$7,555,946$2,931,187$2,163,435$6,173,627
62$8,271,396$3,019,559$2,180,654$6,681,117
63$9,058,082$3,110,521$2,196,709$7,237,047
64$9,923,214$3,204,144$2,211,506$7,846,271
65$10,874,738$3,300,503$2,224,948$8,514,138
66$11,921,407$3,399,674$2,236,929$9,246,539
67$13,072,866$3,501,733$2,247,342$10,049,964
68$14,339,741$3,606,760$2,256,070$10,931,561
69$15,733,740$3,714,838$2,262,995$11,899,210
70$17,267,765$3,826,048$2,267,988$12,961,586
71$18,956,030$3,940,477$2,270,919$14,128,251
72$20,814,197$4,058,213$2,271,646$15,409,740
73$22,859,523$4,179,343$2,270,025$16,817,657
74$25,111,025$4,303,961$2,265,901$18,364,789
75$27,589,654$4,432,160$2,259,113$20,065,227
76$30,318,499$4,564,036$2,249,493$21,934,492
77$33,322,998$4,699,686$2,236,864$23,989,691
78$36,631,185$4,839,212$2,221,040$26,249,669
79$40,273,949$4,982,716$2,201,828$28,735,192
80$44,285,325$5,130,303$2,179,022$31,469,142
81$48,702,820$5,282,079$2,152,411$34,476,731
82$53,567,761$5,438,155$2,121,771$37,785,743
83$58,925,690$5,598,642$2,086,868$41,426,788
84$64,826,790$5,763,654$2,047,457$45,433,600
85$71,326,358$5,933,309$2,003,282$49,843,350
86$78,485,329$6,107,724$1,954,075$54,696,994
87$86,370,852$6,287,022$1,899,556$60,039,668
88$95,056,919$6,471,326$1,839,431$65,921,104
89$104,625,066$6,660,762$1,773,393$72,396,108
90$115,165,143$6,855,460$1,701,122$79,525,069
91$126,776,160$7,055,550$1,622,282$87,374,536
92$139,567,222$7,261,165$1,536,522$96,017,840
93$153,658,559$7,472,443$1,443,476$105,535,792
94$169,182,660$7,689,521$1,342,761$116,017,438
95$186,285,524$7,912,539$1,233,976$127,560,908
96$205,128,036$8,141,642$1,116,702$140,274,335
97$225,887,488$8,376,975$990,504$154,276,879
98$248,759,250$8,618,686$854,925$169,699,852
99$273,958,617$8,866,924$709,487$186,687,956
100$301,722,835$9,121,842$553,694$205,400,649