Can I retire at age 45 with 1,660,000?

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 $1,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$137,081$135,860$134,669$133,506$132,371$130,825
2 years$67,862$66,598$65,373$64,186$63,034$61,478
3 years$44,792$43,523$42,301$41,124$39,991$38,474
4 years$33,259$31,994$30,784$29,628$28,522$27,054
5 years$26,341$25,083$23,890$22,757$21,682$20,269
6 years$21,731$20,483$19,306$18,199$17,156$15,799
7 years$18,439$17,201$16,044$14,962$13,953$12,651
8 years$15,971$14,745$13,606$12,552$11,575$10,330
9 years$14,053$12,838$11,719$10,691$9,748$8,559
10 years$12,519$11,316$10,217$9,216$8,306$7,172
11 years$11,265$10,074$8,995$8,021$7,143$6,063
12 years$10,221$9,042$7,983$7,035$6,190$5,163
13 years$9,338$8,171$7,132$6,211$5,398$4,422
14 years$8,582$7,427$6,408$5,513$4,732$3,807
15 years$7,927$6,785$5,786$4,917$4,166$3,290
16 years$7,354$6,225$5,246$4,403$3,682$2,853
17 years$6,850$5,733$4,773$3,956$3,265$2,481
18 years$6,402$5,298$4,357$3,565$2,903$2,163
19 years$6,002$4,910$3,989$3,221$2,587$1,890
20 years$5,642$4,562$3,661$2,917$2,311$1,654
21 years$5,317$4,250$3,367$2,648$2,068$1,450
22 years$5,021$3,967$3,104$2,407$1,854$1,273
23 years$4,752$3,710$2,866$2,192$1,664$1,119
24 years$4,506$3,476$2,650$2,000$1,496$985
25 years$4,280$3,262$2,455$1,826$1,346$867
26 years$4,071$3,066$2,276$1,670$1,212$764
27 years$3,878$2,885$2,114$1,528$1,093$674
28 years$3,700$2,719$1,965$1,400$986$595
29 years$3,534$2,565$1,829$1,284$891$525
30 years$3,379$2,422$1,703$1,179$805$464
31 years$3,235$2,290$1,588$1,082$728$410
32 years$3,099$2,167$1,482$995$658$363
33 years$2,973$2,052$1,383$915$596$321
34 years$2,854$1,945$1,293$842$539$284
35 years$2,742$1,845$1,208$775$488$251
36 years$2,636$1,751$1,131$714$443$222
37 years$2,537$1,663$1,058$657$401$197
38 years$2,443$1,580$991$606$364$174
39 years$2,354$1,503$928$559$330$154
40 years$2,269$1,430$870$515$299$136
41 years$2,189$1,361$816$475$271$121
42 years$2,113$1,296$765$439$246$107
43 years$2,041$1,235$718$405$223$95
44 years$1,972$1,177$674$374$203$84
45 years$1,907$1,123$633$345$184$74
46 years$1,844$1,071$595$319$167$66
47 years$1,785$1,022$559$295$152$58
48 years$1,727$976$525$272$138$52
49 years$1,673$932$493$252$125$46
50 years$1,621$890$464$233$114$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,660,000, adding $3,024 every year, while hoping to spend $51,848 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: 39/49/12 Blend
44$1,660,000$1,660,000$1,660,000$1,660,000
45$1,832,439$1,744,459$1,718,729$1,897,161
46$1,964,182$1,774,772$1,721,141$1,973,613
47$2,107,625$1,804,832$1,721,895$2,050,925
48$2,263,907$1,834,573$1,720,883$2,133,375
49$2,434,280$1,863,922$1,717,987$2,221,450
50$2,620,125$1,892,802$1,713,088$2,315,688
51$2,822,958$1,921,130$1,706,057$2,416,684
52$3,044,451$1,948,817$1,696,761$2,525,094
53$3,286,444$1,975,767$1,685,061$2,641,641
54$3,550,960$2,001,879$1,670,810$2,767,125
55$3,840,230$2,027,043$1,653,854$2,902,431
56$4,156,709$2,051,143$1,634,033$3,048,532
57$4,503,098$2,074,054$1,611,178$3,206,506
58$4,882,375$2,095,644$1,585,114$3,377,542
59$5,297,817$2,115,770$1,555,655$3,562,954
60$5,753,034$2,134,282$1,522,609$3,764,190
61$6,252,000$2,151,019$1,485,773$3,982,852
62$6,799,093$2,165,808$1,444,936$4,220,707
63$7,399,136$2,178,468$1,399,876$4,479,706
64$8,057,439$2,188,804$1,350,364$4,762,003
65$8,779,853$2,196,610$1,296,155$5,069,977
66$9,572,819$2,201,666$1,236,998$5,406,253
67$10,443,438$2,203,738$1,172,628$5,773,728
68$11,399,526$2,202,579$1,102,769$6,175,602
69$12,449,697$2,197,924$1,027,131$6,615,405
70$13,603,439$2,189,496$945,413$7,097,034
71$14,871,205$2,176,997$857,300$7,624,790
72$16,264,511$2,160,112$762,462$8,203,419
73$17,796,041$2,138,507$660,554$8,838,161
74$19,479,772$2,111,829$551,218$9,534,795
75$21,331,103$2,079,703$434,078$10,299,700
76$23,366,998$2,041,731$308,742$11,139,914
77$25,606,149$1,997,493$174,802$12,063,204
78$28,069,147$1,946,541$31,829$13,078,139
79$30,778,684$1,888,405$0$14,194,172
80$33,759,757$1,822,585$0$15,437,194
81$37,039,912$1,748,551$0$16,808,605
82$40,649,497$1,665,745$0$18,317,080
83$44,621,953$1,573,573$0$19,976,687
84$48,994,125$1,471,411$0$21,802,938
85$53,806,612$1,358,596$0$23,812,943
86$59,104,147$1,234,428$0$26,025,567
87$64,936,022$1,098,167$0$28,461,614
88$71,356,552$949,033$0$31,144,024
89$78,425,582$786,197$0$34,098,093
90$86,209,060$608,789$0$37,351,716
91$94,779,650$415,886$0$40,935,648
92$104,217,425$206,515$0$44,883,801
93$114,610,615$0$0$49,233,568
94$126,056,446$0$0$54,037,148
95$138,662,051$0$0$59,450,394
96$152,545,485$0$0$65,412,687
97$167,836,837$0$0$71,979,933
98$184,679,455$0$0$79,213,734
99$203,231,303$0$0$87,181,977
100$223,666,448$0$0$95,959,466