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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.1%
1 years$90,837$90,028$89,238$88,468$87,716$86,584
2 years$44,969$44,131$43,320$42,533$41,769$40,630
3 years$29,681$28,840$28,031$27,251$26,500$25,390
4 years$22,039$21,201$20,399$19,633$18,900$17,827
5 years$17,455$16,622$15,831$15,080$14,368$13,335
6 years$14,400$13,573$12,793$12,060$11,369$10,377
7 years$12,219$11,398$10,631$9,915$9,246$8,296
8 years$10,583$9,771$9,016$8,317$7,670$6,762
9 years$9,312$8,507$7,766$7,084$6,459$5,593
10 years$8,296$7,499$6,770$6,107$5,504$4,678
11 years$7,465$6,675$5,960$5,315$4,733$3,947
12 years$6,773$5,992$5,290$4,662$4,102$3,355
13 years$6,188$5,415$4,726$4,116$3,577$2,868
14 years$5,687$4,922$4,246$3,653$3,135$2,464
15 years$5,253$4,496$3,834$3,258$2,761$2,125
16 years$4,873$4,125$3,476$2,917$2,440$1,839
17 years$4,539$3,799$3,163$2,621$2,163$1,596
18 years$4,242$3,510$2,887$2,362$1,924$1,388
19 years$3,977$3,253$2,643$2,135$1,715$1,210
20 years$3,739$3,023$2,426$1,933$1,531$1,057
21 years$3,523$2,816$2,231$1,755$1,371$925
22 years$3,327$2,629$2,057$1,595$1,228$810
23 years$3,149$2,459$1,899$1,453$1,103$710
24 years$2,986$2,304$1,756$1,325$991$624
25 years$2,836$2,162$1,627$1,210$892$548
26 years$2,698$2,032$1,509$1,106$803$482
27 years$2,570$1,912$1,401$1,013$724$424
28 years$2,452$1,802$1,302$928$654$373
29 years$2,342$1,700$1,212$851$590$329
30 years$2,239$1,605$1,129$781$533$290
31 years$2,143$1,517$1,052$717$482$255
32 years$2,054$1,436$982$659$436$225
33 years$1,970$1,360$917$606$395$199
34 years$1,891$1,289$857$558$357$175
35 years$1,817$1,222$801$513$324$155
36 years$1,747$1,160$749$473$293$137
37 years$1,681$1,102$701$436$266$121
38 years$1,619$1,047$657$402$241$106
39 years$1,560$996$615$370$218$94
40 years$1,504$947$577$342$198$83
41 years$1,451$902$541$315$180$73
42 years$1,400$859$507$291$163$65
43 years$1,353$818$476$268$148$57
44 years$1,307$780$447$248$134$51
45 years$1,264$744$419$229$122$45
46 years$1,222$710$394$211$111$40
47 years$1,183$677$370$195$101$35
48 years$1,145$646$348$180$91$31
49 years$1,109$617$327$167$83$27
50 years$1,074$590$307$154$75$24

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 $2,812 every year, while hoping to spend $45,102 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: 54/36/10 Blend
44$1,100,000$1,100,000$1,100,000$1,100,000
45$1,215,101$1,156,801$1,139,751$1,277,509
46$1,291,053$1,165,496$1,129,944$1,328,848
47$1,373,240$1,173,105$1,118,297$1,379,541
48$1,462,252$1,179,528$1,104,701$1,433,649
49$1,558,734$1,184,658$1,089,041$1,491,504
50$1,663,398$1,188,379$1,071,198$1,553,476
51$1,777,027$1,190,572$1,051,045$1,619,969
52$1,900,481$1,191,107$1,028,452$1,691,436
53$2,034,707$1,189,848$1,003,282$1,768,372
54$2,180,745$1,186,649$975,390$1,851,329
55$2,339,742$1,181,355$944,626$1,940,913
56$2,512,958$1,173,804$910,834$2,037,799
57$2,701,781$1,163,822$873,848$2,142,728
58$2,907,737$1,151,224$833,497$2,256,523
59$3,132,508$1,135,816$789,601$2,380,091
60$3,377,944$1,117,391$741,972$2,514,436
61$3,646,080$1,095,729$690,414$2,660,668
62$3,939,159$1,070,599$634,722$2,820,010
63$4,259,650$1,041,754$574,681$2,993,818
64$4,610,269$1,008,935$510,068$3,183,588
65$4,994,010$971,866$440,649$3,390,972
66$5,414,167$930,256$366,179$3,617,797
67$5,874,370$883,796$286,403$3,866,078
68$6,378,614$832,160$201,056$4,138,044
69$6,931,300$775,004$109,859$4,436,154
70$7,537,275$711,962$12,522$4,763,125
71$8,201,878$642,648$0$5,121,958
72$8,930,987$566,656$0$5,525,712
73$9,731,081$483,555$0$5,970,357
74$10,609,291$392,890$0$6,458,628
75$11,573,477$294,179$0$6,995,021
76$12,632,294$186,917$0$7,584,493
77$13,795,278$70,565$0$8,232,518
78$15,072,932$0$0$8,945,131
79$16,476,828$0$0$9,750,957
80$18,019,716$0$0$10,667,395
81$19,715,639$0$0$11,674,848
82$21,580,070$0$0$12,782,522
83$23,630,057$0$0$14,000,558
84$25,884,380$0$0$15,340,133
85$28,363,732$0$0$16,813,556
86$31,090,911$0$0$18,434,394
87$34,091,035$0$0$20,217,592
88$37,391,781$0$0$22,179,617
89$41,023,643$0$0$24,338,613
90$45,020,217$0$0$26,714,572
91$49,418,526$0$0$29,329,522
92$54,259,359$0$0$32,207,733
93$59,587,661$0$0$35,375,950
94$65,452,956$0$0$38,863,641
95$71,909,814$0$0$42,703,275
96$79,018,361$0$0$46,930,631
97$86,844,853$0$0$51,585,134
98$95,462,295$0$0$56,710,225
99$104,951,134$0$0$62,353,773
100$115,400,013$0$0$68,568,524