Can I retire at age 45 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$136,255$135,042$133,858$132,702$131,573$130,091
2 years$67,453$66,197$64,979$63,799$62,654$61,162
3 years$44,522$43,260$42,046$40,877$39,750$38,294
4 years$33,059$31,801$30,599$29,449$28,350$26,942
5 years$26,183$24,932$23,746$22,620$21,551$20,195
6 years$21,600$20,359$19,190$18,089$17,053$15,750
7 years$18,328$17,098$15,947$14,872$13,869$12,619
8 years$15,875$14,656$13,524$12,476$11,505$10,310
9 years$13,968$12,761$11,649$10,627$9,689$8,547
10 years$12,444$11,248$10,156$9,160$8,256$7,166
11 years$11,197$10,013$8,941$7,972$7,100$6,062
12 years$10,159$8,987$7,935$6,993$6,153$5,166
13 years$9,281$8,122$7,089$6,174$5,365$4,427
14 years$8,530$7,383$6,370$5,480$4,703$3,813
15 years$7,879$6,744$5,751$4,887$4,141$3,298
16 years$7,310$6,188$5,214$4,376$3,660$2,862
17 years$6,809$5,699$4,745$3,932$3,245$2,491
18 years$6,363$5,266$4,331$3,543$2,885$2,173
19 years$5,966$4,880$3,965$3,202$2,572$1,900
20 years$5,608$4,535$3,639$2,900$2,297$1,664
21 years$5,285$4,224$3,347$2,632$2,056$1,460
22 years$4,991$3,943$3,085$2,393$1,843$1,283
23 years$4,724$3,688$2,848$2,179$1,654$1,128
24 years$4,479$3,455$2,634$1,988$1,487$994
25 years$4,254$3,243$2,440$1,815$1,338$876
26 years$4,047$3,048$2,263$1,660$1,205$772
27 years$3,855$2,868$2,101$1,519$1,086$682
28 years$3,677$2,703$1,953$1,392$980$602
29 years$3,512$2,550$1,818$1,276$885$532
30 years$3,359$2,408$1,693$1,171$800$470
31 years$3,215$2,276$1,578$1,076$723$416
32 years$3,081$2,154$1,473$989$654$368
33 years$2,955$2,040$1,375$909$592$326
34 years$2,837$1,933$1,285$837$536$289
35 years$2,725$1,834$1,201$770$485$255
36 years$2,621$1,740$1,124$709$440$226
37 years$2,522$1,653$1,052$653$399$200
38 years$2,428$1,571$985$602$361$178
39 years$2,340$1,494$923$555$328$157
40 years$2,256$1,421$865$512$297$140
41 years$2,176$1,353$811$473$270$124
42 years$2,101$1,288$761$436$245$110
43 years$2,029$1,228$714$403$222$97
44 years$1,960$1,170$670$372$202$86
45 years$1,895$1,116$629$343$183$76
46 years$1,833$1,064$591$317$166$68
47 years$1,774$1,016$555$293$151$60
48 years$1,717$970$522$271$137$53
49 years$1,663$926$490$250$124$47
50 years$1,611$885$461$231$113$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,650,000, adding $6,178 every year, while hoping to spend $32,510 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: 48/23/29 Blend
44$1,650,000$1,650,000$1,650,000$1,650,000
45$1,824,673$1,737,223$1,711,648$1,896,879
46$1,976,199$1,787,756$1,734,397$1,998,906
47$2,142,091$1,839,676$1,756,820$2,105,980
48$2,323,781$1,893,016$1,778,869$2,221,643
49$2,522,843$1,947,811$1,800,498$2,346,723
50$2,741,014$2,004,095$1,821,656$2,482,131
51$2,980,205$2,061,903$1,842,289$2,628,871
52$3,242,521$2,121,271$1,862,340$2,788,048
53$3,530,280$2,182,236$1,881,751$2,960,880
54$3,846,038$2,244,834$1,900,459$3,148,708
55$4,192,606$2,309,104$1,918,397$3,353,009
56$4,573,084$2,375,082$1,935,495$3,575,410
57$4,990,884$2,442,807$1,951,680$3,817,705
58$5,449,768$2,512,318$1,966,875$4,081,869
59$5,953,877$2,583,654$1,980,998$4,370,077
60$6,507,775$2,656,855$1,993,964$4,684,728
61$7,116,488$2,731,961$2,005,681$5,028,463
62$7,785,554$2,809,012$2,016,057$5,404,194
63$8,521,076$2,888,049$2,024,990$5,815,127
64$9,329,775$2,969,113$2,032,376$6,264,798
65$10,219,058$3,052,244$2,038,106$6,757,100
66$11,197,082$3,137,485$2,042,063$7,296,326
67$12,272,840$3,224,877$2,044,127$7,887,203
68$13,456,234$3,314,461$2,044,171$8,534,945
69$14,758,179$3,406,279$2,042,060$9,245,293
70$16,190,699$3,500,372$2,037,654$10,024,575
71$17,767,042$3,596,782$2,030,808$10,879,767
72$19,501,807$3,695,551$2,021,366$11,818,554
73$21,411,077$3,796,718$2,009,167$12,849,405
74$23,512,575$3,900,326$1,994,043$13,981,653
75$25,825,829$4,006,413$1,975,815$15,225,587
76$28,372,357$4,115,021$1,954,298$16,592,540
77$31,175,869$4,226,188$1,929,298$18,095,007
78$34,262,488$4,339,952$1,900,610$19,746,754
79$37,661,003$4,456,351$1,868,022$21,562,955
80$41,403,134$4,575,421$1,831,309$23,560,330
81$45,523,836$4,697,198$1,790,240$25,757,306
82$50,061,622$4,821,716$1,744,568$28,174,194
83$55,058,935$4,949,008$1,694,039$30,833,372
84$60,562,541$5,079,104$1,638,384$33,759,508
85$66,623,975$5,212,034$1,577,324$36,979,782
86$73,300,022$5,347,825$1,510,566$40,524,154
87$80,653,258$5,486,503$1,437,804$44,425,636
88$88,752,639$5,628,090$1,358,719$48,720,614
89$97,674,148$5,772,607$1,272,976$53,449,185
90$107,501,517$5,920,070$1,180,226$58,655,539
91$118,327,012$6,070,494$1,080,104$64,388,376
92$130,252,308$6,223,889$972,229$70,701,366
93$143,389,447$6,380,263$856,201$77,653,658
94$157,861,893$6,539,618$731,607$85,310,435
95$173,805,700$6,701,954$598,010$93,743,535
96$191,370,795$6,867,263$454,957$103,032,125
97$210,722,393$7,035,536$301,975$113,263,453
98$232,042,555$7,206,755$138,568$124,533,672
99$255,531,907$7,380,897$0$136,948,743
100$281,411,535$7,557,935$0$150,636,527