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

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$146,165$144,863$143,593$142,353$141,142$136,789
2 years$72,359$71,011$69,705$68,439$67,211$62,862
3 years$47,760$46,407$45,104$43,849$42,641$38,435
4 years$35,463$34,114$32,824$31,591$30,412$26,380
5 years$28,087$26,746$25,473$24,265$23,119$19,271
6 years$23,171$21,840$20,586$19,405$18,293$14,634
7 years$19,661$18,341$17,107$15,954$14,877$11,406
8 years$17,030$15,722$14,508$13,383$12,342$9,057
9 years$14,984$13,689$12,496$11,400$10,394$7,291
10 years$13,349$12,066$10,894$9,827$8,856$5,931
11 years$12,012$10,741$9,591$8,552$7,616$4,864
12 years$10,898$9,641$8,512$7,501$6,600$4,015
13 years$9,957$8,713$7,605$6,623$5,756$3,331
14 years$9,150$7,920$6,833$5,879$5,045$2,775
15 years$8,452$7,235$6,169$5,243$4,442$2,320
16 years$7,842$6,638$5,593$4,694$3,926$1,944
17 years$7,304$6,113$5,090$4,218$3,481$1,634
18 years$6,826$5,649$4,646$3,801$3,095$1,375
19 years$6,399$5,235$4,253$3,435$2,759$1,159
20 years$6,016$4,865$3,904$3,111$2,464$979
21 years$5,669$4,531$3,590$2,823$2,205$827
22 years$5,354$4,230$3,309$2,567$1,977$700
23 years$5,067$3,956$3,055$2,338$1,774$593
24 years$4,805$3,707$2,826$2,132$1,595$502
25 years$4,563$3,478$2,617$1,947$1,435$426
26 years$4,341$3,269$2,427$1,780$1,293$361
27 years$4,135$3,077$2,254$1,630$1,166$306
28 years$3,945$2,899$2,095$1,493$1,052$260
29 years$3,768$2,735$1,950$1,369$950$221
30 years$3,603$2,583$1,816$1,257$858$187
31 years$3,449$2,442$1,693$1,154$776$159
32 years$3,305$2,310$1,580$1,061$702$135
33 years$3,170$2,188$1,475$975$635$115
34 years$3,043$2,074$1,378$897$575$98
35 years$2,924$1,967$1,289$826$521$83
36 years$2,811$1,867$1,205$761$472$70
37 years$2,705$1,773$1,128$701$428$60
38 years$2,605$1,685$1,057$646$388$51
39 years$2,510$1,602$990$596$352$43
40 years$2,420$1,524$928$550$319$37
41 years$2,335$1,451$870$507$289$31
42 years$2,253$1,382$816$468$263$27
43 years$2,176$1,317$766$432$238$23
44 years$2,103$1,255$719$399$216$19
45 years$2,033$1,197$675$368$196$16
46 years$1,966$1,142$634$340$178$14
47 years$1,903$1,090$596$314$162$12
48 years$1,842$1,040$560$290$147$10
49 years$1,784$993$526$268$134$9
50 years$1,728$949$495$248$121$7

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 $6,695 every year, while hoping to spend $50,252 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: 23/50/27 Blend
44$1,770,000$1,770,000$1,770,000$1,770,000
45$1,957,446$1,863,636$1,836,201$1,985,600
46$2,103,638$1,901,486$1,844,246$2,048,193
47$2,263,057$1,939,507$1,850,876$2,110,488
48$2,436,999$1,977,654$1,855,991$2,176,109
49$2,626,892$2,015,878$1,859,486$2,245,365
50$2,834,305$2,054,126$1,861,249$2,318,595
51$3,060,968$2,092,342$1,861,164$2,396,174
52$3,308,783$2,130,463$1,859,110$2,478,519
53$3,579,847$2,168,424$1,854,958$2,566,090
54$3,876,467$2,206,152$1,848,575$2,659,398
55$4,201,184$2,243,571$1,839,819$2,759,007
56$4,556,795$2,280,596$1,828,544$2,865,540
57$4,946,382$2,317,139$1,814,594$2,979,690
58$5,373,338$2,353,104$1,797,807$3,102,221
59$5,841,400$2,388,387$1,778,015$3,233,978
60$6,354,683$2,422,879$1,755,039$3,375,898
61$6,917,722$2,456,461$1,728,694$3,529,016
62$7,535,508$2,489,006$1,698,784$3,694,477
63$8,213,542$2,520,380$1,665,106$3,873,547
64$8,957,882$2,550,437$1,627,445$4,067,626
65$9,775,202$2,579,024$1,585,580$4,278,263
66$10,672,852$2,605,976$1,539,277$4,507,170
67$11,658,930$2,631,116$1,488,290$4,756,239
68$12,742,359$2,654,258$1,432,365$5,027,561
69$13,932,964$2,675,202$1,371,234$5,323,449
70$15,241,575$2,693,734$1,304,619$5,646,457
71$16,680,118$2,709,630$1,232,226$5,999,408
72$18,261,735$2,722,647$1,153,751$6,385,423
73$20,000,906$2,732,530$1,068,875$6,807,947
74$21,913,580$2,739,006$977,264$7,270,789
75$24,017,334$2,741,786$878,571$7,778,153
76$26,331,530$2,740,562$772,432$8,334,686
77$28,877,504$2,735,008$658,466$8,945,517
78$31,678,762$2,724,776$536,277$9,616,312
79$34,761,205$2,709,499$405,452$10,353,328
80$38,153,370$2,688,786$265,557$11,163,473
81$41,886,701$2,662,225$116,140$12,054,373
82$45,995,846$2,629,374$0$13,034,449
83$50,518,979$2,589,771$0$14,125,474
84$55,498,166$2,542,920$0$15,361,747
85$60,979,756$2,488,301$0$16,721,248
86$67,014,824$2,425,360$0$18,216,630
87$73,659,645$2,353,512$0$19,861,849
88$80,976,230$2,272,136$0$21,672,296
89$89,032,912$2,180,577$0$23,664,944
90$97,904,984$2,078,140$0$25,858,512
91$107,675,415$1,964,091$0$28,273,643
92$118,435,630$1,837,654$0$30,933,101
93$130,286,372$1,698,007$0$33,861,988
94$143,338,655$1,544,283$0$37,087,984
95$157,714,807$1,375,562$0$40,641,613
96$173,549,629$1,190,876$0$44,556,530
97$190,991,662$989,199$0$48,869,845
98$210,204,591$769,449$0$53,622,476
99$231,368,790$530,483$0$58,859,540
100$254,683,022$271,092$0$64,630,780