Can I retire at age 45 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$132,952$131,768$130,613$129,485$128,384$126,049
2 years$65,818$64,592$63,404$62,252$61,135$58,792
3 years$43,443$42,212$41,027$39,886$38,787$36,507
4 years$32,257$31,030$29,857$28,735$27,663$25,465
5 years$25,548$24,328$23,170$22,072$21,029$18,919
6 years$21,076$19,866$18,725$17,651$16,639$14,619
7 years$17,884$16,683$15,561$14,512$13,532$11,603
8 years$15,490$14,300$13,197$12,173$11,226$9,387
9 years$13,630$12,451$11,366$10,369$9,454$7,704
10 years$12,142$10,975$9,909$8,938$8,055$6,393
11 years$10,926$9,770$8,724$7,779$6,928$5,351
12 years$9,913$8,769$7,742$6,823$6,004$4,510
13 years$9,056$7,925$6,917$6,024$5,235$3,823
14 years$8,323$7,204$6,215$5,347$4,589$3,255
15 years$7,688$6,581$5,611$4,769$4,041$2,783
16 years$7,133$6,038$5,088$4,270$3,571$2,386
17 years$6,644$5,560$4,630$3,837$3,166$2,052
18 years$6,209$5,138$4,226$3,458$2,815$1,769
19 years$5,821$4,762$3,869$3,124$2,509$1,527
20 years$5,472$4,425$3,551$2,830$2,242$1,321
21 years$5,157$4,122$3,266$2,568$2,006$1,144
22 years$4,870$3,847$3,010$2,335$1,798$992
23 years$4,609$3,598$2,779$2,126$1,614$861
24 years$4,370$3,372$2,570$1,939$1,451$749
25 years$4,151$3,164$2,381$1,771$1,305$651
26 years$3,949$2,974$2,208$1,619$1,176$566
27 years$3,762$2,799$2,050$1,482$1,060$493
28 years$3,588$2,637$1,906$1,358$957$430
29 years$3,427$2,488$1,774$1,245$864$374
30 years$3,277$2,349$1,652$1,143$780$326
31 years$3,137$2,221$1,540$1,050$706$285
32 years$3,006$2,102$1,437$965$638$248
33 years$2,883$1,990$1,342$887$578$217
34 years$2,768$1,886$1,254$816$523$189
35 years$2,659$1,789$1,172$751$474$165
36 years$2,557$1,698$1,096$692$429$144
37 years$2,461$1,613$1,026$638$389$126
38 years$2,369$1,533$961$588$353$110
39 years$2,283$1,457$900$542$320$96
40 years$2,201$1,387$844$500$290$84
41 years$2,123$1,320$791$461$263$73
42 years$2,050$1,257$742$426$239$64
43 years$1,980$1,198$697$393$217$56
44 years$1,913$1,142$654$363$197$49
45 years$1,849$1,089$614$335$179$43
46 years$1,789$1,039$577$309$162$37
47 years$1,731$991$542$286$147$33
48 years$1,675$946$509$264$134$29
49 years$1,623$904$479$244$121$25
50 years$1,572$863$450$226$110$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,610,000, adding $2,108 every year, while hoping to spend $31,626 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: 85/9/6 Blend
44$1,610,000$1,610,000$1,610,000$1,610,000
45$1,776,394$1,691,064$1,666,109$1,926,715
46$1,923,937$1,740,277$1,688,274$2,074,274
47$2,085,469$1,790,841$1,710,122$2,231,808
48$2,262,383$1,842,789$1,731,608$2,403,863
49$2,456,215$1,896,154$1,752,685$2,591,876
50$2,668,655$1,950,972$1,773,306$2,797,430
51$2,901,564$2,007,275$1,793,418$3,022,270
52$3,156,991$2,065,099$1,812,965$3,268,316
53$3,437,195$2,124,480$1,831,891$3,537,682
54$3,744,664$2,185,454$1,850,133$3,832,698
55$4,082,135$2,248,057$1,867,629$4,155,929
56$4,452,627$2,312,327$1,884,309$4,510,202
57$4,859,465$2,378,300$1,900,102$4,898,629
58$5,306,308$2,446,015$1,914,934$5,324,639
59$5,797,192$2,515,510$1,928,724$5,792,009
60$6,336,560$2,586,824$1,941,391$6,304,900
61$6,929,306$2,659,996$1,952,845$6,867,897
62$7,580,826$2,735,066$1,962,995$7,486,049
63$8,297,059$2,812,073$1,971,744$8,164,919
64$9,084,552$2,891,057$1,978,991$8,910,638
65$9,950,516$2,972,060$1,984,628$9,729,956
66$10,902,899$3,055,120$1,988,543$10,630,315
67$11,950,454$3,140,280$1,990,618$11,619,912
68$13,102,826$3,227,580$1,990,729$12,707,777
69$14,370,643$3,317,060$1,988,747$13,903,861
70$15,765,614$3,408,761$1,984,536$15,219,129
71$17,300,641$3,502,725$1,977,952$16,665,659
72$18,989,939$3,598,991$1,968,846$18,256,763
73$20,849,171$3,697,600$1,957,061$20,007,106
74$22,895,596$3,798,593$1,942,433$21,932,848
75$25,148,231$3,902,007$1,924,788$24,051,795
76$27,628,029$4,007,884$1,903,947$26,383,568
77$30,358,078$4,116,261$1,879,719$28,949,785
78$33,363,821$4,227,176$1,851,908$31,774,269
79$36,673,289$4,340,667$1,820,306$34,883,269
80$40,317,374$4,456,768$1,784,695$38,305,711
81$44,330,112$4,575,516$1,744,849$42,073,466
82$48,749,012$4,696,944$1,700,529$46,221,658
83$53,615,401$4,821,085$1,651,488$50,788,985
84$58,974,824$4,947,970$1,597,464$55,818,096
85$64,877,462$5,077,627$1,538,186$61,355,984
86$71,378,617$5,210,085$1,473,369$67,454,433
87$78,539,225$5,345,368$1,402,716$74,170,506
88$86,426,435$5,483,500$1,325,915$81,567,086
89$95,114,240$5,624,500$1,242,642$89,713,465
90$104,684,180$5,768,388$1,152,558$98,686,000
91$115,226,104$5,915,177$1,055,307$108,568,835
92$126,839,025$6,064,878$950,518$119,454,692
93$139,632,049$6,217,501$837,804$131,445,748
94$153,725,409$6,373,049$716,760$144,654,601
95$169,251,594$6,531,522$586,965$159,205,329
96$186,356,605$6,692,915$447,977$175,234,663
97$205,201,329$6,857,219$299,335$192,893,276
98$225,963,061$7,024,418$140,559$212,347,210
99$248,837,172$7,194,494$0$233,779,436
100$274,038,957$7,367,418$0$257,393,437