Can I retire at age 45 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$145,339$144,045$142,781$141,549$140,345$136,016
2 years$71,950$70,610$69,311$68,052$66,831$62,507
3 years$47,490$46,144$44,849$43,602$42,400$38,218
4 years$35,263$33,921$32,639$31,413$30,240$26,231
5 years$27,928$26,595$25,329$24,128$22,988$19,163
6 years$23,040$21,716$20,470$19,295$18,190$14,551
7 years$19,550$18,237$17,010$15,864$14,793$11,342
8 years$16,933$15,633$14,426$13,308$12,272$9,006
9 years$14,900$13,611$12,425$11,335$10,335$7,250
10 years$13,273$11,998$10,833$9,771$8,806$5,898
11 years$11,944$10,681$9,537$8,504$7,573$4,837
12 years$10,836$9,586$8,464$7,459$6,563$3,992
13 years$9,900$8,663$7,562$6,585$5,723$3,312
14 years$9,099$7,875$6,794$5,846$5,017$2,759
15 years$8,404$7,194$6,134$5,213$4,417$2,306
16 years$7,797$6,600$5,562$4,668$3,904$1,933
17 years$7,263$6,078$5,061$4,194$3,461$1,624
18 years$6,788$5,617$4,620$3,780$3,078$1,367
19 years$6,363$5,206$4,229$3,415$2,743$1,153
20 years$5,982$4,837$3,881$3,093$2,450$973
21 years$5,637$4,506$3,570$2,807$2,193$823
22 years$5,324$4,206$3,290$2,552$1,966$696
23 years$5,039$3,934$3,038$2,325$1,764$589
24 years$4,777$3,686$2,810$2,120$1,586$499
25 years$4,538$3,459$2,602$1,936$1,427$423
26 years$4,316$3,251$2,414$1,770$1,285$359
27 years$4,112$3,059$2,241$1,620$1,159$305
28 years$3,923$2,883$2,084$1,485$1,046$258
29 years$3,747$2,720$1,939$1,361$944$219
30 years$3,583$2,568$1,806$1,250$853$186
31 years$3,429$2,428$1,684$1,148$771$158
32 years$3,286$2,297$1,571$1,055$698$134
33 years$3,152$2,176$1,467$970$631$114
34 years$3,026$2,062$1,370$892$572$97
35 years$2,907$1,956$1,281$821$518$82
36 years$2,795$1,856$1,199$757$469$70
37 years$2,690$1,763$1,122$697$425$60
38 years$2,590$1,676$1,051$642$386$51
39 years$2,496$1,593$984$592$350$43
40 years$2,406$1,516$923$546$317$37
41 years$2,321$1,443$865$504$288$31
42 years$2,241$1,374$811$465$261$26
43 years$2,164$1,309$761$429$237$22
44 years$2,091$1,248$715$397$215$19
45 years$2,022$1,190$671$366$195$16
46 years$1,955$1,135$630$338$177$14
47 years$1,892$1,083$592$313$161$12
48 years$1,832$1,034$557$289$146$10
49 years$1,774$988$523$267$133$8
50 years$1,718$944$492$247$121$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,760,000, adding $2,438 every year, while hoping to spend $45,657 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: 38/44/18 Blend
44$1,760,000$1,760,000$1,760,000$1,760,000
45$1,942,035$1,848,755$1,821,475$2,005,240
46$2,091,544$1,890,765$1,833,916$2,092,943
47$2,254,772$1,933,304$1,845,243$2,183,139
48$2,433,072$1,976,348$1,855,371$2,279,660
49$2,627,929$2,019,874$1,864,210$2,383,101
50$2,840,983$2,063,853$1,871,667$2,494,117
51$3,074,036$2,108,254$1,877,640$2,613,430
52$3,329,074$2,153,044$1,882,027$2,741,838
53$3,608,282$2,198,186$1,884,717$2,880,218
54$3,914,068$2,243,639$1,885,597$3,029,537
55$4,249,083$2,289,357$1,884,544$3,190,864
56$4,616,247$2,335,293$1,881,434$3,365,376
57$5,018,775$2,381,393$1,876,133$3,554,368
58$5,460,208$2,427,599$1,868,501$3,759,273
59$5,944,447$2,473,850$1,858,394$3,981,668
60$6,475,789$2,520,076$1,845,658$4,223,291
61$7,058,965$2,566,206$1,830,134$4,486,062
62$7,699,189$2,612,159$1,811,652$4,772,096
63$8,402,201$2,657,851$1,790,038$5,083,725
64$9,174,329$2,703,188$1,765,108$5,423,521
65$10,022,539$2,748,073$1,736,667$5,794,322
66$10,954,509$2,792,399$1,704,516$6,199,254
67$11,978,694$2,836,052$1,668,442$6,641,768
68$13,104,410$2,878,908$1,628,225$7,125,667
69$14,341,923$2,920,837$1,583,633$7,655,146
70$15,702,538$2,961,698$1,534,424$8,234,830
71$17,198,716$3,001,339$1,480,346$8,869,820
72$18,844,180$3,039,601$1,421,133$9,565,740
73$20,654,055$3,076,310$1,356,510$10,328,792
74$22,645,002$3,111,282$1,286,186$11,165,815
75$24,835,378$3,144,321$1,209,860$12,084,349
76$27,245,412$3,175,218$1,127,215$13,092,711
77$29,897,389$3,203,748$1,037,922$14,200,067
78$32,815,865$3,229,675$941,635$15,416,528
79$36,027,898$3,252,743$837,994$16,753,240
80$39,563,300$3,272,684$726,623$18,222,493
81$43,454,920$3,289,209$607,128$19,837,837
82$47,738,954$3,302,013$479,099$21,614,212
83$52,455,287$3,310,770$342,108$23,568,092
84$57,647,864$3,315,136$195,707$25,717,636
85$63,365,112$3,314,744$39,429$28,082,867
86$69,660,390$3,309,203$0$30,685,859
87$76,592,495$3,298,099$0$33,575,409
88$84,226,218$3,280,994$0$36,763,558
89$92,632,951$3,257,421$0$40,272,408
90$101,891,364$3,226,887$0$44,134,672
91$112,088,145$3,188,867$0$48,386,411
92$123,318,819$3,142,805$0$53,067,369
93$135,688,650$3,088,113$0$58,221,353
94$149,313,629$3,024,168$0$63,896,648
95$164,321,576$2,950,309$0$70,146,473
96$180,853,339$2,865,836$0$77,029,488
97$199,064,127$2,770,009$0$84,610,344
98$219,124,973$2,662,045$0$92,960,302
99$241,224,349$2,541,114$0$102,157,901
100$265,569,944$2,406,340$0$112,289,708