Can I retire at age 45 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$129,649$128,494$127,368$126,268$125,194$121,478
2 years$64,183$62,987$61,829$60,706$59,616$55,904
3 years$42,363$41,163$40,007$38,895$37,823$34,230
4 years$31,456$30,259$29,115$28,021$26,976$23,529
5 years$24,913$23,724$22,595$21,523$20,506$17,216
6 years$20,553$19,372$18,260$17,212$16,226$13,095
7 years$17,439$16,269$15,174$14,151$13,196$10,224
8 years$15,105$13,945$12,869$11,871$10,947$8,133
9 years$13,291$12,142$11,084$10,111$9,219$6,559
10 years$11,840$10,702$9,663$8,716$7,855$5,345
11 years$10,654$9,528$8,507$7,586$6,756$4,392
12 years$9,667$8,552$7,550$6,654$5,854$3,633
13 years$8,831$7,728$6,745$5,874$5,105$3,020
14 years$8,116$7,025$6,061$5,214$4,475$2,521
15 years$7,497$6,417$5,472$4,650$3,940$2,112
16 years$6,956$5,888$4,961$4,164$3,482$1,774
17 years$6,479$5,422$4,515$3,741$3,088$1,494
18 years$6,055$5,010$4,121$3,372$2,746$1,260
19 years$5,676$4,644$3,773$3,047$2,447$1,065
20 years$5,336$4,315$3,462$2,759$2,186$901
21 years$5,028$4,019$3,185$2,504$1,956$763
22 years$4,749$3,752$2,935$2,277$1,753$647
23 years$4,495$3,509$2,710$2,074$1,574$549
24 years$4,262$3,288$2,506$1,891$1,415$467
25 years$4,048$3,085$2,321$1,727$1,273$396
26 years$3,850$2,900$2,153$1,579$1,147$337
27 years$3,668$2,729$1,999$1,446$1,034$287
28 years$3,499$2,572$1,859$1,324$933$244
29 years$3,342$2,426$1,730$1,215$842$208
30 years$3,196$2,291$1,611$1,115$761$177
31 years$3,059$2,166$1,502$1,024$688$150
32 years$2,931$2,049$1,401$941$622$128
33 years$2,812$1,941$1,308$865$563$109
34 years$2,699$1,839$1,223$796$510$93
35 years$2,593$1,745$1,143$733$462$79
36 years$2,494$1,656$1,069$675$419$67
37 years$2,399$1,573$1,001$622$379$58
38 years$2,310$1,495$937$573$344$49
39 years$2,226$1,421$878$528$312$42
40 years$2,146$1,352$823$487$283$36
41 years$2,071$1,287$772$450$257$30
42 years$1,999$1,226$724$415$233$26
43 years$1,930$1,168$679$383$211$22
44 years$1,865$1,113$638$354$192$19
45 years$1,803$1,062$599$327$174$16
46 years$1,744$1,013$562$302$158$14
47 years$1,688$967$528$279$144$12
48 years$1,634$923$496$258$130$10
49 years$1,582$881$467$238$118$8
50 years$1,533$842$439$220$108$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,570,000, adding $5,520 every year, while hoping to spend $51,099 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: 35/48/17 Blend
44$1,570,000$1,570,000$1,570,000$1,570,000
45$1,735,834$1,652,624$1,628,289$1,787,353
46$1,858,520$1,679,234$1,628,468$1,852,002
47$1,992,007$1,705,434$1,626,940$1,916,523
48$2,137,344$1,731,153$1,623,594$1,985,056
49$2,295,683$1,756,309$1,618,314$2,057,985
50$2,468,293$1,780,818$1,610,978$2,135,734
51$2,656,570$1,804,589$1,601,457$2,218,775
52$2,862,051$1,827,525$1,589,617$2,307,628
53$3,086,429$1,849,522$1,575,317$2,402,868
54$3,331,565$1,870,470$1,558,411$2,505,132
55$3,599,510$1,890,248$1,538,743$2,615,124
56$3,892,522$1,908,732$1,516,153$2,733,624
57$4,213,085$1,925,786$1,490,470$2,861,491
58$4,563,937$1,941,267$1,461,518$2,999,680
59$4,948,091$1,955,022$1,429,112$3,149,241
60$5,368,866$1,966,887$1,393,056$3,311,340
61$5,829,916$1,976,690$1,353,149$3,487,263
62$6,335,266$1,984,247$1,309,179$3,678,433
63$6,889,349$1,989,360$1,260,922$3,886,422
64$7,497,046$1,991,823$1,208,146$4,112,967
65$8,163,736$1,991,413$1,150,610$4,359,988
66$8,895,341$1,987,896$1,088,059$4,629,607
67$9,698,385$1,981,022$1,020,228$4,924,169
68$10,580,054$1,970,526$946,840$5,246,264
69$11,548,266$1,956,128$867,605$5,598,752
70$12,611,740$1,937,529$782,221$5,984,794
71$13,780,083$1,914,414$690,371$6,407,882
72$15,063,878$1,886,447$591,726$6,871,870
73$16,474,785$1,853,274$485,940$7,381,016
74$18,025,647$1,814,519$372,653$7,940,023
75$19,730,617$1,769,784$251,490$8,554,082
76$21,605,283$1,718,646$122,058$9,228,924
77$23,666,823$1,660,661$0$9,970,880
78$25,934,160$1,595,355$0$10,789,850
79$28,428,146$1,522,228$0$11,714,447
80$31,171,752$1,440,753$0$12,731,104
81$34,190,290$1,350,369$0$13,849,299
82$37,511,647$1,250,485$0$15,079,492
83$41,166,553$1,140,477$0$16,433,218
84$45,188,864$1,019,683$0$17,923,203
85$49,615,885$887,404$0$19,563,484
86$54,488,722$742,903$0$21,369,542
87$59,852,666$585,400$0$23,358,453
88$65,757,625$414,072$0$25,549,052
89$72,258,589$228,048$0$27,962,109
90$79,416,152$26,409$0$30,620,532
91$87,297,084$0$0$33,549,586
92$95,974,956$0$0$36,878,444
93$105,530,838$0$0$40,559,766
94$116,054,063$0$0$44,614,054
95$127,643,067$0$0$49,079,272
96$140,406,323$0$0$53,997,250
97$154,463,355$0$0$59,414,088
98$169,945,876$0$0$65,380,579
99$186,999,023$0$0$71,952,700
100$205,782,728$0$0$79,192,132