Can I retire at age 45 with 1,100,000?

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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$90,837$90,028$89,238$88,468$87,716$85,909
2 years$44,969$44,131$43,320$42,533$41,769$39,958
3 years$29,681$28,840$28,031$27,251$26,500$24,740
4 years$22,039$21,201$20,399$19,633$18,900$17,205
5 years$17,455$16,622$15,831$15,080$14,368$12,742
6 years$14,400$13,573$12,793$12,060$11,369$9,814
7 years$12,219$11,398$10,631$9,915$9,246$7,763
8 years$10,583$9,771$9,016$8,317$7,670$6,259
9 years$9,312$8,507$7,766$7,084$6,459$5,118
10 years$8,296$7,499$6,770$6,107$5,504$4,231
11 years$7,465$6,675$5,960$5,315$4,733$3,528
12 years$6,773$5,992$5,290$4,662$4,102$2,962
13 years$6,188$5,415$4,726$4,116$3,577$2,501
14 years$5,687$4,922$4,246$3,653$3,135$2,121
15 years$5,253$4,496$3,834$3,258$2,761$1,806
16 years$4,873$4,125$3,476$2,917$2,440$1,542
17 years$4,539$3,799$3,163$2,621$2,163$1,320
18 years$4,242$3,510$2,887$2,362$1,924$1,133
19 years$3,977$3,253$2,643$2,135$1,715$974
20 years$3,739$3,023$2,426$1,933$1,531$839
21 years$3,523$2,816$2,231$1,755$1,371$723
22 years$3,327$2,629$2,057$1,595$1,228$624
23 years$3,149$2,459$1,899$1,453$1,103$539
24 years$2,986$2,304$1,756$1,325$991$466
25 years$2,836$2,162$1,627$1,210$892$404
26 years$2,698$2,032$1,509$1,106$803$350
27 years$2,570$1,912$1,401$1,013$724$303
28 years$2,452$1,802$1,302$928$654$263
29 years$2,342$1,700$1,212$851$590$228
30 years$2,239$1,605$1,129$781$533$198
31 years$2,143$1,517$1,052$717$482$171
32 years$2,054$1,436$982$659$436$149
33 years$1,970$1,360$917$606$395$129
34 years$1,891$1,289$857$558$357$112
35 years$1,817$1,222$801$513$324$97
36 years$1,747$1,160$749$473$293$85
37 years$1,681$1,102$701$436$266$74
38 years$1,619$1,047$657$402$241$64
39 years$1,560$996$615$370$218$56
40 years$1,504$947$577$342$198$48
41 years$1,451$902$541$315$180$42
42 years$1,400$859$507$291$163$36
43 years$1,353$818$476$268$148$32
44 years$1,307$780$447$248$134$28
45 years$1,264$744$419$229$122$24
46 years$1,222$710$394$211$111$21
47 years$1,183$677$370$195$101$18
48 years$1,145$646$348$180$91$16
49 years$1,109$617$327$167$83$14
50 years$1,074$590$307$154$75$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,100,000, adding $2,565 every year, while hoping to spend $25,134 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: 74/16/10 Blend
44$1,100,000$1,100,000$1,100,000$1,100,000
45$1,214,846$1,156,546$1,139,496$1,302,335
46$1,312,018$1,186,474$1,150,927$1,390,328
47$1,418,259$1,217,027$1,161,898$1,483,300
48$1,534,467$1,248,207$1,172,368$1,584,457
49$1,661,633$1,280,019$1,182,292$1,694,601
50$1,800,845$1,312,466$1,191,624$1,814,616
51$1,953,303$1,345,549$1,200,316$1,945,476
52$2,120,328$1,379,269$1,208,314$2,088,253
53$2,303,375$1,413,626$1,215,566$2,244,128
54$2,504,046$1,448,621$1,222,015$2,414,402
55$2,724,106$1,484,250$1,227,599$2,600,507
56$2,965,499$1,520,512$1,232,258$2,804,022
57$3,230,365$1,557,402$1,235,923$3,026,685
58$3,521,062$1,594,915$1,238,527$3,270,411
59$3,840,188$1,633,044$1,239,995$3,537,309
60$4,190,605$1,671,780$1,240,252$3,829,704
61$4,575,463$1,711,114$1,239,217$4,150,156
62$4,998,236$1,751,034$1,236,807$4,501,486
63$5,462,748$1,791,527$1,232,931$4,886,802
64$5,973,213$1,832,576$1,227,499$5,309,528
65$6,534,273$1,874,165$1,220,413$5,773,436
66$7,151,042$1,916,273$1,211,571$6,282,685
67$7,829,156$1,958,878$1,200,866$6,841,853
68$8,574,822$2,001,954$1,188,186$7,455,988
69$9,394,879$2,045,475$1,173,416$8,130,651
70$10,296,862$2,089,410$1,156,431$8,871,968
71$11,289,075$2,133,723$1,137,105$9,686,692
72$12,380,665$2,178,380$1,115,301$10,582,261
73$13,581,709$2,223,337$1,090,881$11,566,874
74$14,903,314$2,268,551$1,063,696$12,649,565
75$16,357,716$2,313,974$1,033,593$13,840,287
76$17,958,395$2,359,551$1,000,411$15,150,009
77$19,720,208$2,405,226$963,982$16,590,818
78$21,659,523$2,450,935$924,129$18,176,035
79$23,794,375$2,496,612$880,668$19,920,336
80$26,144,638$2,542,183$833,407$21,839,895
81$28,732,210$2,587,568$782,144$23,952,537
82$31,581,220$2,632,683$726,671$26,277,903
83$34,718,256$2,677,437$666,766$28,837,636
84$38,172,616$2,721,729$602,200$31,655,589
85$41,976,583$2,765,454$532,734$34,758,045
86$46,165,731$2,808,498$458,117$38,173,969
87$50,779,260$2,850,738$378,089$41,935,280
88$55,860,364$2,892,044$292,374$46,077,154
89$61,456,642$2,932,275$200,690$50,638,352
90$67,620,544$2,971,281$102,737$55,661,591
91$74,409,866$3,008,900$0$61,193,944
92$81,888,298$3,044,962$0$67,287,478
93$90,126,022$3,079,283$0$74,010,879
94$99,200,375$3,111,666$0$81,416,207
95$109,196,579$3,141,904$0$89,572,924
96$120,208,545$3,169,773$0$98,557,576
97$132,339,761$3,195,035$0$108,454,514
98$145,704,264$3,217,439$0$119,356,690
99$160,427,720$3,236,715$0$131,366,539
100$176,648,609$3,252,576$0$144,596,940