Can I retire at age 45 with 1,670,000?

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 $1,670,000?

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$137,907$136,679$135,480$134,310$133,168$129,060
2 years$68,271$66,999$65,767$64,572$63,413$59,311
3 years$45,062$43,785$42,556$41,372$40,232$36,263
4 years$33,460$32,186$30,970$29,806$28,694$24,889
5 years$26,500$25,235$24,034$22,894$21,813$18,183
6 years$21,862$20,606$19,423$18,309$17,260$13,807
7 years$18,550$17,305$16,140$15,052$14,037$10,762
8 years$16,068$14,833$13,688$12,627$11,645$8,545
9 years$14,138$12,915$11,790$10,756$9,807$6,879
10 years$12,595$11,384$10,279$9,271$8,356$5,596
11 years$11,333$10,135$9,049$8,069$7,186$4,589
12 years$10,282$9,096$8,031$7,077$6,227$3,788
13 years$9,394$8,220$7,175$6,248$5,430$3,143
14 years$8,633$7,472$6,447$5,547$4,760$2,618
15 years$7,975$6,826$5,821$4,947$4,191$2,188
16 years$7,399$6,263$5,277$4,429$3,704$1,835
17 years$6,891$5,768$4,802$3,980$3,284$1,541
18 years$6,441$5,330$4,384$3,586$2,920$1,297
19 years$6,038$4,939$4,013$3,241$2,603$1,094
20 years$5,676$4,590$3,683$2,935$2,325$924
21 years$5,349$4,275$3,388$2,664$2,081$781
22 years$5,052$3,991$3,122$2,422$1,865$660
23 years$4,781$3,733$2,883$2,206$1,674$559
24 years$4,533$3,497$2,666$2,012$1,505$474
25 years$4,306$3,282$2,469$1,837$1,354$402
26 years$4,096$3,084$2,290$1,680$1,220$341
27 years$3,902$2,903$2,127$1,538$1,100$289
28 years$3,722$2,735$1,977$1,409$992$245
29 years$3,555$2,580$1,840$1,292$896$208
30 years$3,399$2,437$1,714$1,186$810$177
31 years$3,254$2,304$1,598$1,089$732$150
32 years$3,118$2,180$1,491$1,001$662$128
33 years$2,991$2,064$1,392$920$599$108
34 years$2,871$1,957$1,300$847$542$92
35 years$2,758$1,856$1,216$779$491$78
36 years$2,652$1,761$1,137$718$445$67
37 years$2,552$1,673$1,065$661$403$57
38 years$2,458$1,590$997$610$366$48
39 years$2,368$1,512$934$562$332$41
40 years$2,283$1,438$875$518$301$35
41 years$2,203$1,369$821$478$273$30
42 years$2,126$1,304$770$441$248$25
43 years$2,053$1,242$723$408$225$21
44 years$1,984$1,184$678$376$204$18
45 years$1,918$1,129$637$347$185$15
46 years$1,855$1,077$598$321$168$13
47 years$1,795$1,028$562$297$153$11
48 years$1,738$981$528$274$139$9
49 years$1,683$937$496$253$126$8
50 years$1,631$895$467$234$114$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,670,000, adding $4,305 every year, while hoping to spend $34,380 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: 40/50/10 Blend
44$1,670,000$1,670,000$1,670,000$1,670,000
45$1,844,781$1,756,271$1,730,386$1,912,874
46$1,996,368$1,805,748$1,751,773$2,010,671
47$2,162,265$1,856,497$1,772,726$2,112,661
48$2,343,896$1,908,545$1,793,191$2,222,219
49$2,542,826$1,961,916$1,813,116$2,340,044
50$2,760,783$2,016,639$1,832,444$2,466,906
51$2,999,667$2,072,738$1,851,115$2,603,649
52$3,261,571$2,130,241$1,869,065$2,751,205
53$3,548,802$2,189,173$1,886,230$2,910,595
54$3,863,898$2,249,561$1,902,537$3,082,947
55$4,209,658$2,311,432$1,917,914$3,269,500
56$4,589,162$2,374,811$1,932,283$3,471,617
57$5,005,804$2,439,724$1,945,562$3,690,800
58$5,463,323$2,506,198$1,957,666$3,928,702
59$5,965,837$2,574,256$1,968,502$4,187,141
60$6,517,883$2,643,925$1,977,978$4,468,122
61$7,124,459$2,715,229$1,985,992$4,773,850
62$7,791,071$2,788,193$1,992,439$5,106,754
63$8,523,784$2,862,838$1,997,210$5,469,509
64$9,329,282$2,939,190$2,000,189$5,865,061
65$10,214,927$3,017,268$2,001,254$6,296,654
66$11,188,831$3,097,096$2,000,277$6,767,861
67$12,259,930$3,178,692$1,997,125$7,282,621
68$13,438,072$3,262,076$1,991,657$7,845,267
69$14,734,104$3,347,267$1,983,726$8,460,577
70$16,159,980$3,434,280$1,973,179$9,133,813
71$17,728,870$3,523,132$1,959,852$9,870,772
72$19,455,284$3,613,835$1,943,576$10,677,839
73$21,355,212$3,706,402$1,924,175$11,562,050
74$23,446,271$3,800,842$1,901,462$12,531,158
75$25,747,871$3,897,164$1,875,242$13,593,703
76$28,281,402$3,995,374$1,845,311$14,759,096
77$31,070,432$4,095,474$1,811,455$16,037,704
78$34,140,929$4,197,465$1,773,452$17,440,953
79$37,521,508$4,301,345$1,731,067$18,981,430
80$41,243,700$4,407,109$1,684,056$20,673,007
81$45,342,248$4,514,748$1,632,162$22,530,967
82$49,855,435$4,624,249$1,575,118$24,572,153
83$54,825,449$4,735,596$1,512,644$26,815,121
84$60,298,774$4,848,770$1,444,446$29,280,323
85$66,326,634$4,963,744$1,370,220$31,990,294
86$72,965,473$5,080,490$1,289,645$34,969,865
87$80,277,489$5,198,972$1,202,386$38,246,401
88$88,331,222$5,319,151$1,108,095$41,850,057
89$97,202,197$5,440,979$1,006,406$45,814,063
90$106,973,638$5,564,404$896,938$50,175,038
91$117,737,256$5,689,367$779,293$54,973,335
92$129,594,111$5,815,801$653,054$60,253,423
93$142,655,566$5,943,631$517,787$66,064,309
94$157,044,340$6,072,775$373,038$72,459,997
95$172,895,662$6,203,140$218,335$79,499,998
96$190,358,553$6,334,627$53,182$87,249,898
97$209,597,226$6,467,124$0$95,781,971
98$230,792,639$6,600,510$0$105,188,995
99$254,144,204$6,734,651$0$115,552,522
100$279,871,667$6,869,403$0$126,963,657