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

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$145,339$144,045$142,781$141,549$140,345$135,097
2 years$71,950$70,610$69,311$68,052$66,831$61,604
3 years$47,490$46,144$44,849$43,602$42,400$37,358
4 years$35,263$33,921$32,639$31,413$30,240$25,422
5 years$27,928$26,595$25,329$24,128$22,988$18,406
6 years$23,040$21,716$20,470$19,295$18,190$13,847
7 years$19,550$18,237$17,010$15,864$14,793$10,689
8 years$16,933$15,633$14,426$13,308$12,272$8,402
9 years$14,900$13,611$12,425$11,335$10,335$6,694
10 years$13,273$11,998$10,833$9,771$8,806$5,387
11 years$11,944$10,681$9,537$8,504$7,573$4,370
12 years$10,836$9,586$8,464$7,459$6,563$3,566
13 years$9,900$8,663$7,562$6,585$5,723$2,924
14 years$9,099$7,875$6,794$5,846$5,017$2,408
15 years$8,404$7,194$6,134$5,213$4,417$1,988
16 years$7,797$6,600$5,562$4,668$3,904$1,646
17 years$7,263$6,078$5,061$4,194$3,461$1,366
18 years$6,788$5,617$4,620$3,780$3,078$1,136
19 years$6,363$5,206$4,229$3,415$2,743$945
20 years$5,982$4,837$3,881$3,093$2,450$788
21 years$5,637$4,506$3,570$2,807$2,193$657
22 years$5,324$4,206$3,290$2,552$1,966$548
23 years$5,039$3,934$3,038$2,325$1,764$458
24 years$4,777$3,686$2,810$2,120$1,586$383
25 years$4,538$3,459$2,602$1,936$1,427$320
26 years$4,316$3,251$2,414$1,770$1,285$268
27 years$4,112$3,059$2,241$1,620$1,159$224
28 years$3,923$2,883$2,084$1,485$1,046$188
29 years$3,747$2,720$1,939$1,361$944$157
30 years$3,583$2,568$1,806$1,250$853$132
31 years$3,429$2,428$1,684$1,148$771$110
32 years$3,286$2,297$1,571$1,055$698$92
33 years$3,152$2,176$1,467$970$631$77
34 years$3,026$2,062$1,370$892$572$65
35 years$2,907$1,956$1,281$821$518$54
36 years$2,795$1,856$1,199$757$469$45
37 years$2,690$1,763$1,122$697$425$38
38 years$2,590$1,676$1,051$642$386$32
39 years$2,496$1,593$984$592$350$27
40 years$2,406$1,516$923$546$317$22
41 years$2,321$1,443$865$504$288$19
42 years$2,241$1,374$811$465$261$16
43 years$2,164$1,309$761$429$237$13
44 years$2,091$1,248$715$397$215$11
45 years$2,022$1,190$671$366$195$9
46 years$1,955$1,135$630$338$177$8
47 years$1,892$1,083$592$313$161$7
48 years$1,832$1,034$557$289$146$5
49 years$1,774$988$523$267$133$5
50 years$1,718$944$492$247$121$4

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 $2,232 every year, while hoping to spend $57,958 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: 23/49/28 Blend
44$1,760,000$1,760,000$1,760,000$1,760,000
45$1,941,822$1,848,542$1,821,262$1,969,250
46$2,078,221$1,877,454$1,820,608$2,022,129
47$2,226,591$1,905,840$1,817,989$2,073,678
48$2,388,090$1,933,613$1,813,278$2,127,638
49$2,563,995$1,960,680$1,806,343$2,184,247
50$2,755,711$1,986,942$1,797,044$2,243,768
51$2,964,782$2,012,291$1,785,234$2,306,496
52$3,192,911$2,036,614$1,770,760$2,372,761
53$3,441,969$2,059,789$1,753,462$2,442,926
54$3,714,017$2,081,686$1,733,170$2,517,400
55$4,011,325$2,102,167$1,709,709$2,596,635
56$4,336,390$2,121,083$1,682,895$2,681,136
57$4,691,963$2,138,277$1,652,533$2,771,462
58$5,081,072$2,153,582$1,618,422$2,868,236
59$5,507,052$2,166,818$1,580,349$2,972,152
60$5,973,575$2,177,796$1,538,094$3,083,977
61$6,484,684$2,186,312$1,491,425$3,204,566
62$7,044,834$2,192,153$1,440,100$3,334,867
63$7,658,928$2,195,090$1,383,864$3,475,932
64$8,332,368$2,194,879$1,322,454$3,628,930
65$9,071,105$2,191,263$1,255,591$3,795,156
66$9,881,691$2,183,969$1,182,987$3,976,047
67$10,771,345$2,172,705$1,104,338$4,173,195
68$11,748,018$2,157,163$1,019,329$4,388,366
69$12,820,469$2,137,017$927,630$4,623,516
70$13,998,345$2,111,919$828,894$4,880,813
71$15,292,276$2,081,502$722,761$5,162,658
72$16,713,969$2,045,377$608,855$5,471,710
73$18,276,325$2,003,132$486,782$5,810,911
74$19,993,553$1,954,328$356,132$6,183,522
75$21,881,309$1,898,504$216,477$6,593,148
76$23,956,842$1,835,170$67,367$7,043,781
77$26,239,153$1,763,806$0$7,539,834
78$28,749,180$1,683,866$0$8,113,606
79$31,509,988$1,594,768$0$8,766,344
80$34,546,994$1,495,898$0$9,484,027
81$37,888,198$1,386,608$0$10,273,416
82$41,564,454$1,266,211$0$11,141,977
83$45,609,754$1,133,982$0$12,097,952
84$50,061,556$989,154$0$13,150,440
85$54,961,130$830,917$0$14,309,482
86$60,353,948$658,415$0$15,586,165
87$66,290,118$470,745$0$16,992,720
88$72,824,849$266,950$0$18,542,649
89$80,018,977$46,024$0$20,250,853
90$87,939,534$0$0$22,133,772
91$96,660,385$0$0$24,313,666
92$106,262,920$0$0$26,741,670
93$116,836,823$0$0$29,415,692
94$128,480,920$0$0$32,360,775
95$141,304,106$0$0$35,604,514
96$155,426,379$0$0$39,177,317
97$170,979,966$0$0$43,112,692
98$188,110,571$0$0$47,447,562
99$206,978,754$0$0$52,222,617
100$227,761,439$0$0$57,482,693