Can I retire at age 45 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$146,165$144,863$143,593$142,353$141,142$140,077
2 years$72,359$71,011$69,705$68,439$67,211$66,136
3 years$47,760$46,407$45,104$43,849$42,641$41,591
4 years$35,463$34,114$32,824$31,591$30,412$29,395
5 years$28,087$26,746$25,473$24,265$23,119$22,137
6 years$23,171$21,840$20,586$19,405$18,293$17,348
7 years$19,661$18,341$17,107$15,954$14,877$13,970
8 years$17,030$15,722$14,508$13,383$12,342$11,472
9 years$14,984$13,689$12,496$11,400$10,394$9,561
10 years$13,349$12,066$10,894$9,827$8,856$8,060
11 years$12,012$10,741$9,591$8,552$7,616$6,856
12 years$10,898$9,641$8,512$7,501$6,600$5,875
13 years$9,957$8,713$7,605$6,623$5,756$5,065
14 years$9,150$7,920$6,833$5,879$5,045$4,389
15 years$8,452$7,235$6,169$5,243$4,442$3,818
16 years$7,842$6,638$5,593$4,694$3,926$3,334
17 years$7,304$6,113$5,090$4,218$3,481$2,920
18 years$6,826$5,649$4,646$3,801$3,095$2,564
19 years$6,399$5,235$4,253$3,435$2,759$2,256
20 years$6,016$4,865$3,904$3,111$2,464$1,990
21 years$5,669$4,531$3,590$2,823$2,205$1,757
22 years$5,354$4,230$3,309$2,567$1,977$1,554
23 years$5,067$3,956$3,055$2,338$1,774$1,377
24 years$4,805$3,707$2,826$2,132$1,595$1,221
25 years$4,563$3,478$2,617$1,947$1,435$1,083
26 years$4,341$3,269$2,427$1,780$1,293$962
27 years$4,135$3,077$2,254$1,630$1,166$856
28 years$3,945$2,899$2,095$1,493$1,052$761
29 years$3,768$2,735$1,950$1,369$950$677
30 years$3,603$2,583$1,816$1,257$858$603
31 years$3,449$2,442$1,693$1,154$776$538
32 years$3,305$2,310$1,580$1,061$702$479
33 years$3,170$2,188$1,475$975$635$427
34 years$3,043$2,074$1,378$897$575$381
35 years$2,924$1,967$1,289$826$521$340
36 years$2,811$1,867$1,205$761$472$304
37 years$2,705$1,773$1,128$701$428$271
38 years$2,605$1,685$1,057$646$388$242
39 years$2,510$1,602$990$596$352$216
40 years$2,420$1,524$928$550$319$193
41 years$2,335$1,451$870$507$289$172
42 years$2,253$1,382$816$468$263$154
43 years$2,176$1,317$766$432$238$138
44 years$2,103$1,255$719$399$216$123
45 years$2,033$1,197$675$368$196$110
46 years$1,966$1,142$634$340$178$98
47 years$1,903$1,090$596$314$162$88
48 years$1,842$1,040$560$290$147$79
49 years$1,784$993$526$268$134$70
50 years$1,728$949$495$248$121$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,770,000, adding $3,828 every year, while hoping to spend $28,440 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: 63/27/10 Blend
44$1,770,000$1,770,000$1,770,000$1,770,000
45$1,954,489$1,860,679$1,833,244$2,073,070
46$2,123,586$1,921,592$1,864,397$2,213,705
47$2,308,979$1,984,537$1,895,641$2,363,550
48$2,512,299$2,049,583$1,926,949$2,526,445
49$2,735,343$2,116,802$1,958,291$2,703,655
50$2,980,091$2,186,268$1,989,638$2,896,573
51$3,248,724$2,258,060$2,020,955$3,106,732
52$3,543,646$2,332,256$2,052,208$3,335,818
53$3,867,500$2,408,939$2,083,360$3,585,689
54$4,223,204$2,488,196$2,114,371$3,858,389
55$4,613,968$2,570,115$2,145,200$4,156,167
56$5,043,330$2,654,788$2,175,801$4,481,503
57$5,515,187$2,742,310$2,206,127$4,837,122
58$6,033,832$2,832,779$2,236,129$5,226,030
59$6,603,997$2,926,299$2,265,753$5,651,533
60$7,230,892$3,022,975$2,294,943$6,117,275
61$7,920,258$3,122,916$2,323,639$6,627,265
62$8,678,422$3,226,237$2,351,779$7,185,923
63$9,512,354$3,333,054$2,379,296$7,798,112
64$10,429,731$3,443,491$2,406,119$8,469,193
65$11,439,015$3,557,674$2,432,176$9,205,066
66$12,549,528$3,675,733$2,457,387$10,012,232
67$13,771,540$3,797,805$2,481,670$10,897,854
68$15,116,370$3,924,030$2,504,938$11,869,819
69$16,596,486$4,054,554$2,527,100$12,936,816
70$18,225,629$4,189,528$2,548,060$14,108,417
71$20,018,938$4,329,110$2,567,715$15,395,167
72$21,993,095$4,473,462$2,585,958$16,808,682
73$24,166,481$4,622,752$2,602,678$18,361,761
74$26,559,350$4,777,155$2,617,756$20,068,503
75$29,194,021$4,936,852$2,631,067$21,944,439
76$32,095,084$5,102,031$2,642,482$24,006,685
77$35,289,640$5,272,887$2,651,862$26,274,093
78$38,807,547$5,449,623$2,659,063$28,767,437
79$42,681,708$5,632,446$2,663,933$31,509,606
80$46,948,382$5,821,576$2,666,315$34,525,814
81$51,647,521$6,017,236$2,666,040$37,843,848
82$56,823,149$6,219,662$2,662,933$41,494,320
83$62,523,780$6,429,095$2,656,811$45,510,960
84$68,802,873$6,645,788$2,647,482$49,930,936
85$75,719,336$6,870,001$2,634,742$54,795,197
86$83,338,082$7,102,006$2,618,380$60,148,866
87$91,730,646$7,342,083$2,598,175$66,041,662
88$100,975,851$7,590,525$2,573,893$72,528,369
89$111,160,560$7,847,633$2,545,291$79,669,354
90$122,380,493$8,113,723$2,512,114$87,531,133
91$134,741,128$8,389,120$2,474,095$96,187,000
92$148,358,699$8,674,163$2,430,953$105,717,720
93$163,361,293$8,969,203$2,382,396$116,212,288
94$179,890,057$9,274,606$2,328,118$127,768,768
95$198,100,530$9,590,749$2,267,798$140,495,220
96$218,164,115$9,918,027$2,201,100$154,510,718
97$240,269,692$10,256,847$2,127,674$169,946,475
98$264,625,402$10,607,634$2,047,152$186,947,076
99$291,460,612$10,970,828$1,959,152$205,671,848
100$321,028,082$11,346,886$1,863,271$226,296,360