Can I retire at age 45 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$140,384$139,134$137,914$136,723$135,560$132,661
2 years$69,497$68,203$66,949$65,732$64,553$61,645
3 years$45,871$44,571$43,320$42,115$40,955$38,131
4 years$34,061$32,765$31,526$30,342$29,209$26,490
5 years$26,976$25,688$24,465$23,305$22,204$19,598
6 years$22,255$20,976$19,772$18,637$17,570$15,078
7 years$18,883$17,616$16,430$15,323$14,289$11,913
8 years$16,356$15,100$13,934$12,854$11,854$9,594
9 years$14,392$13,147$12,002$10,949$9,983$7,836
10 years$12,821$11,589$10,463$9,438$8,506$6,470
11 years$11,537$10,317$9,212$8,214$7,315$5,388
12 years$10,467$9,260$8,175$7,205$6,339$4,518
13 years$9,563$8,368$7,304$6,361$5,528$3,809
14 years$8,788$7,606$6,563$5,646$4,846$3,226
15 years$8,118$6,949$5,925$5,035$4,267$2,743
16 years$7,532$6,375$5,372$4,509$3,771$2,339
17 years$7,015$5,871$4,888$4,051$3,343$2,000
18 years$6,556$5,425$4,462$3,651$2,973$1,713
19 years$6,146$5,028$4,085$3,299$2,650$1,471
20 years$5,778$4,672$3,749$2,988$2,367$1,265
21 years$5,445$4,352$3,448$2,712$2,118$1,089
22 years$5,142$4,063$3,178$2,465$1,899$938
23 years$4,867$3,800$2,935$2,245$1,704$810
24 years$4,615$3,560$2,714$2,048$1,532$699
25 years$4,383$3,341$2,514$1,870$1,378$604
26 years$4,169$3,140$2,331$1,710$1,242$522
27 years$3,972$2,955$2,165$1,565$1,119$452
28 years$3,789$2,784$2,013$1,434$1,010$391
29 years$3,619$2,627$1,873$1,315$912$339
30 years$3,460$2,481$1,744$1,207$824$293
31 years$3,313$2,345$1,626$1,108$745$254
32 years$3,174$2,219$1,517$1,019$674$220
33 years$3,044$2,101$1,417$937$610$191
34 years$2,923$1,992$1,324$862$552$165
35 years$2,808$1,889$1,238$793$500$143
36 years$2,700$1,793$1,158$731$453$124
37 years$2,598$1,703$1,084$673$411$108
38 years$2,502$1,618$1,015$621$372$94
39 years$2,411$1,539$951$572$338$81
40 years$2,324$1,464$891$528$306$70
41 years$2,242$1,394$836$487$278$61
42 years$2,164$1,327$784$449$252$53
43 years$2,090$1,265$736$415$229$46
44 years$2,020$1,206$690$383$208$40
45 years$1,953$1,150$648$354$189$35
46 years$1,889$1,097$609$327$171$30
47 years$1,828$1,047$572$302$155$26
48 years$1,769$999$538$279$141$23
49 years$1,713$954$505$258$128$20
50 years$1,660$911$475$238$116$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,700,000, adding $4,230 every year, while hoping to spend $33,454 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: 53/38/9 Blend
44$1,700,000$1,700,000$1,700,000$1,700,000
45$1,877,763$1,787,663$1,761,313$1,972,823
46$2,033,700$1,839,664$1,784,722$2,089,830
47$2,204,422$1,893,091$1,807,795$2,213,070
48$2,391,400$1,947,980$1,830,483$2,346,354
49$2,596,257$2,004,366$1,852,739$2,490,640
50$2,820,779$2,062,284$1,874,509$2,646,980
51$3,066,934$2,121,770$1,895,740$2,816,532
52$3,336,886$2,182,862$1,916,372$3,000,571
53$3,633,023$2,245,597$1,936,346$3,200,500
54$3,957,973$2,310,013$1,955,595$3,417,864
55$4,314,631$2,376,148$1,974,052$3,654,362
56$4,706,185$2,444,041$1,991,645$3,911,865
57$5,136,150$2,513,733$2,008,298$4,192,435
58$5,608,393$2,585,262$2,023,933$4,498,341
59$6,127,179$2,658,669$2,038,464$4,832,079
60$6,697,203$2,733,996$2,051,804$5,196,401
61$7,323,638$2,811,282$2,063,860$5,594,338
62$8,012,184$2,890,570$2,074,535$6,029,224
63$8,769,121$2,971,902$2,083,725$6,504,735
64$9,601,365$3,055,319$2,091,324$7,024,918
65$10,516,539$3,140,864$2,097,218$7,594,230
66$11,523,039$3,228,580$2,101,288$8,217,584
67$12,630,117$3,318,508$2,103,409$8,900,386
68$13,847,967$3,410,693$2,103,451$9,648,597
69$15,187,819$3,505,177$2,101,276$10,468,780
70$16,662,048$3,602,001$2,096,740$11,368,165
71$18,284,288$3,701,211$2,089,692$12,354,721
72$20,069,561$3,802,846$2,079,973$13,437,222
73$22,034,422$3,906,951$2,067,418$14,625,339
74$24,197,108$4,013,566$2,051,851$15,929,724
75$26,577,715$4,122,734$2,033,091$17,362,116
76$29,198,389$4,234,495$2,010,946$18,935,445
77$32,083,528$4,348,888$1,985,216$20,663,961
78$35,260,019$4,465,955$1,955,692$22,563,364
79$38,757,488$4,585,733$1,922,154$24,650,950
80$42,608,577$4,708,260$1,884,372$26,945,781
81$46,849,260$4,833,572$1,842,106$29,468,858
82$51,519,172$4,961,705$1,795,104$32,243,323
83$56,661,991$5,092,692$1,743,103$35,294,674
84$62,325,844$5,226,564$1,685,828$38,651,009
85$68,563,768$5,363,353$1,622,991$42,343,288
86$75,434,201$5,503,087$1,554,290$46,405,628
87$83,001,542$5,645,790$1,479,411$50,875,622
88$91,336,753$5,791,487$1,398,025$55,794,696
89$100,518,030$5,940,199$1,309,787$61,208,497
90$110,631,543$6,091,942$1,214,339$67,167,327
91$121,772,245$6,246,733$1,111,304$73,726,617
92$134,044,772$6,404,580$1,000,291$80,947,447
93$147,564,428$6,565,493$880,889$88,897,127
94$162,458,271$6,729,474$752,670$97,649,830
95$178,866,318$6,896,522$615,188$107,287,290
96$196,942,860$7,066,629$467,975$117,899,579
97$216,857,924$7,239,786$310,544$129,585,951
98$238,798,871$7,415,975$142,386$142,455,785
99$262,972,171$7,595,172$0$156,629,611
100$289,605,344$7,777,348$0$172,243,813