Can I retire at age 45 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$145,339$144,045$142,781$141,549$140,345$139,111
2 years$71,950$70,610$69,311$68,052$66,831$65,587
3 years$47,490$46,144$44,849$43,602$42,400$41,186
4 years$35,263$33,921$32,639$31,413$30,240$29,064
5 years$27,928$26,595$25,329$24,128$22,988$21,854
6 years$23,040$21,716$20,470$19,295$18,190$17,099
7 years$19,550$18,237$17,010$15,864$14,793$13,746
8 years$16,933$15,633$14,426$13,308$12,272$11,269
9 years$14,900$13,611$12,425$11,335$10,335$9,375
10 years$13,273$11,998$10,833$9,771$8,806$7,889
11 years$11,944$10,681$9,537$8,504$7,573$6,698
12 years$10,836$9,586$8,464$7,459$6,563$5,729
13 years$9,900$8,663$7,562$6,585$5,723$4,930
14 years$9,099$7,875$6,794$5,846$5,017$4,263
15 years$8,404$7,194$6,134$5,213$4,417$3,702
16 years$7,797$6,600$5,562$4,668$3,904$3,225
17 years$7,263$6,078$5,061$4,194$3,461$2,819
18 years$6,788$5,617$4,620$3,780$3,078$2,470
19 years$6,363$5,206$4,229$3,415$2,743$2,169
20 years$5,982$4,837$3,881$3,093$2,450$1,908
21 years$5,637$4,506$3,570$2,807$2,193$1,682
22 years$5,324$4,206$3,290$2,552$1,966$1,484
23 years$5,039$3,934$3,038$2,325$1,764$1,312
24 years$4,777$3,686$2,810$2,120$1,586$1,160
25 years$4,538$3,459$2,602$1,936$1,427$1,027
26 years$4,316$3,251$2,414$1,770$1,285$910
27 years$4,112$3,059$2,241$1,620$1,159$808
28 years$3,923$2,883$2,084$1,485$1,046$717
29 years$3,747$2,720$1,939$1,361$944$636
30 years$3,583$2,568$1,806$1,250$853$565
31 years$3,429$2,428$1,684$1,148$771$503
32 years$3,286$2,297$1,571$1,055$698$447
33 years$3,152$2,176$1,467$970$631$397
34 years$3,026$2,062$1,370$892$572$354
35 years$2,907$1,956$1,281$821$518$315
36 years$2,795$1,856$1,199$757$469$280
37 years$2,690$1,763$1,122$697$425$250
38 years$2,590$1,676$1,051$642$386$222
39 years$2,496$1,593$984$592$350$198
40 years$2,406$1,516$923$546$317$176
41 years$2,321$1,443$865$504$288$157
42 years$2,241$1,374$811$465$261$140
43 years$2,164$1,309$761$429$237$125
44 years$2,091$1,248$715$397$215$111
45 years$2,022$1,190$671$366$195$99
46 years$1,955$1,135$630$338$177$88
47 years$1,892$1,083$592$313$161$79
48 years$1,832$1,034$557$289$146$70
49 years$1,774$988$523$267$133$63
50 years$1,718$944$492$247$121$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,760,000, adding $4,959 every year, while hoping to spend $39,068 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: 43/49/8 Blend
44$1,760,000$1,760,000$1,760,000$1,760,000
45$1,944,635$1,851,355$1,824,075$2,023,554
46$2,101,420$1,900,504$1,843,614$2,128,019
47$2,272,887$1,950,751$1,862,497$2,236,752
48$2,460,494$2,002,110$1,880,663$2,353,647
49$2,665,843$2,054,592$1,898,044$2,479,466
50$2,890,701$2,108,208$1,914,570$2,615,044
51$3,137,011$2,162,970$1,930,167$2,761,303
52$3,406,917$2,218,886$1,944,758$2,919,256
53$3,702,775$2,275,964$1,958,261$3,090,018
54$4,027,185$2,334,213$1,970,589$3,274,817
55$4,383,006$2,393,637$1,981,652$3,475,004
56$4,773,389$2,454,242$1,991,354$3,692,067
57$5,201,807$2,516,032$1,999,596$3,927,645
58$5,672,081$2,579,007$2,006,272$4,183,541
59$6,188,423$2,643,169$2,011,272$4,461,742
60$6,755,473$2,708,514$2,014,481$4,764,436
61$7,378,340$2,775,041$2,015,775$5,094,033
62$8,062,655$2,842,742$2,015,027$5,453,187
63$8,814,619$2,911,610$2,012,104$5,844,821
64$9,641,065$2,981,634$2,006,865$6,272,157
65$10,549,520$3,052,800$1,999,161$6,738,743
66$11,548,278$3,125,094$1,988,839$7,248,487
67$12,646,473$3,198,495$1,975,737$7,805,695
68$13,854,174$3,272,981$1,959,684$8,415,113
69$15,182,469$3,348,527$1,940,503$9,081,967
70$16,643,578$3,425,102$1,918,007$9,812,017
71$18,250,964$3,502,673$1,892,002$10,611,609
72$20,019,460$3,581,202$1,862,282$11,487,737
73$21,965,411$3,660,646$1,828,633$12,448,105
74$24,106,822$3,740,957$1,790,832$13,501,203
75$26,463,538$3,822,084$1,748,645$14,656,388
76$29,057,420$3,903,967$1,701,826$15,923,970
77$31,912,558$3,986,542$1,650,118$17,315,309
78$35,055,495$4,069,739$1,593,253$18,842,925
79$38,515,479$4,153,480$1,530,951$20,520,615
80$42,324,738$4,237,681$1,462,917$22,363,582
81$46,518,782$4,322,248$1,388,846$24,388,582
82$51,136,742$4,407,083$1,308,417$26,614,078
83$56,221,735$4,492,075$1,221,294$29,060,418
84$61,821,273$4,577,107$1,127,128$31,750,028
85$67,987,707$4,662,050$1,025,552$34,707,618
86$74,778,730$4,746,767$916,184$37,960,424
87$82,257,909$4,831,107$798,625$41,538,460
88$90,495,295$4,914,910$672,458$45,474,801
89$99,568,077$4,998,003$537,247$49,805,900
90$109,561,314$5,080,198$392,538$54,571,931
91$120,568,735$5,161,296$237,856$59,817,165
92$132,693,628$5,241,080$72,705$65,590,395
93$146,049,805$5,319,321$0$71,945,392
94$160,762,689$5,395,771$0$78,950,254
95$176,970,483$5,470,164$0$86,668,648
96$194,825,488$5,542,218$0$95,166,384
97$214,495,530$5,611,629$0$104,522,833
98$236,165,549$5,678,073$0$114,825,464
99$260,039,340$5,741,204$0$126,170,669
100$286,341,483$5,800,654$0$138,664,678