Can I retire at age 45 with 1,130,000?

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 $1,130,000?

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$93,314$92,483$91,672$90,881$90,108$88,252
2 years$46,195$45,335$44,501$43,693$42,908$41,048
3 years$30,491$29,627$28,795$27,994$27,223$25,415
4 years$22,640$21,779$20,955$20,168$19,416$17,674
5 years$17,931$17,075$16,262$15,491$14,759$13,089
6 years$14,793$13,943$13,142$12,388$11,679$10,082
7 years$12,552$11,709$10,921$10,185$9,498$7,975
8 years$10,872$10,037$9,262$8,544$7,879$6,429
9 years$9,566$8,739$7,978$7,278$6,636$5,258
10 years$8,522$7,703$6,955$6,273$5,654$4,347
11 years$7,668$6,858$6,123$5,460$4,862$3,624
12 years$6,957$6,155$5,434$4,789$4,214$3,043
13 years$6,356$5,562$4,855$4,228$3,674$2,569
14 years$5,842$5,056$4,362$3,753$3,221$2,179
15 years$5,396$4,619$3,938$3,347$2,836$1,855
16 years$5,006$4,238$3,571$2,997$2,506$1,584
17 years$4,663$3,903$3,249$2,693$2,222$1,356
18 years$4,358$3,606$2,966$2,427$1,976$1,164
19 years$4,085$3,342$2,715$2,193$1,761$1,000
20 years$3,841$3,106$2,492$1,986$1,573$861
21 years$3,619$2,893$2,292$1,802$1,408$743
22 years$3,418$2,700$2,113$1,639$1,262$641
23 years$3,235$2,526$1,951$1,492$1,133$554
24 years$3,067$2,366$1,804$1,361$1,018$479
25 years$2,913$2,221$1,671$1,243$916$415
26 years$2,771$2,087$1,550$1,137$825$359
27 years$2,640$1,964$1,439$1,040$744$311
28 years$2,519$1,851$1,338$953$671$270
29 years$2,405$1,746$1,245$874$606$234
30 years$2,300$1,649$1,160$802$548$203
31 years$2,202$1,559$1,081$737$495$176
32 years$2,110$1,475$1,009$677$448$153
33 years$2,024$1,397$942$623$405$133
34 years$1,943$1,324$880$573$367$115
35 years$1,866$1,256$823$527$332$100
36 years$1,795$1,192$770$486$301$87
37 years$1,727$1,132$720$448$273$76
38 years$1,663$1,076$675$413$248$66
39 years$1,602$1,023$632$380$224$57
40 years$1,545$973$592$351$204$50
41 years$1,490$926$555$324$185$43
42 years$1,439$882$521$299$168$37
43 years$1,389$841$489$276$152$33
44 years$1,343$801$459$255$138$28
45 years$1,298$764$431$235$125$25
46 years$1,255$729$405$217$114$21
47 years$1,215$696$380$201$103$19
48 years$1,176$664$357$185$94$16
49 years$1,139$634$336$171$85$14
50 years$1,103$606$316$158$77$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,130,000, adding $6,717 every year, while hoping to spend $47,380 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: 61/14/25 Blend
44$1,130,000$1,130,000$1,130,000$1,130,000
45$1,252,189$1,192,299$1,174,784$1,319,845
46$1,329,500$1,200,309$1,163,727$1,374,576
47$1,413,109$1,207,124$1,150,712$1,428,541
48$1,503,608$1,212,636$1,135,623$1,486,414
49$1,601,649$1,216,727$1,118,339$1,548,585
50$1,707,946$1,219,277$1,098,733$1,615,484
51$1,823,289$1,220,153$1,076,672$1,687,588
52$1,948,542$1,219,218$1,052,018$1,765,422
53$2,084,658$1,216,325$1,024,626$1,849,567
54$2,232,685$1,211,316$994,342$1,940,667
55$2,393,776$1,204,028$961,010$2,039,430
56$2,569,198$1,194,282$924,461$2,146,641
57$2,760,348$1,181,894$884,522$2,263,165
58$2,968,762$1,166,666$841,012$2,389,960
59$3,196,131$1,148,387$793,741$2,528,081
60$3,444,314$1,126,835$742,509$2,678,697
61$3,715,360$1,101,777$687,109$2,843,096
62$4,011,525$1,072,962$627,325$3,022,701
63$4,335,290$1,040,127$562,931$3,219,085
64$4,689,389$1,002,992$493,688$3,433,981
65$5,076,831$961,263$419,351$3,669,307
66$5,500,929$914,626$339,660$3,927,177
67$5,965,333$862,752$254,348$4,209,926
68$6,474,059$805,289$163,131$4,520,131
69$7,031,535$741,870$65,717$4,860,637
70$7,642,632$672,102$0$5,234,584
71$8,312,718$595,573$0$5,655,637
72$9,047,705$511,845$0$6,136,790
73$9,854,104$420,459$0$6,664,803
74$10,739,087$320,926$0$7,244,425
75$11,710,554$212,731$0$7,880,890
76$12,777,207$95,331$0$8,579,968
77$13,948,632$0$0$9,348,018
78$15,235,389$0$0$10,196,954
79$16,649,112$0$0$11,145,882
80$18,202,615$0$0$12,188,730
81$19,910,017$0$0$13,334,986
82$21,786,872$0$0$14,595,104
83$23,850,317$0$0$15,980,603
84$26,119,230$0$0$17,504,172
85$28,614,412$0$0$19,179,792
86$31,358,780$0$0$21,022,866
87$34,377,583$0$0$23,050,366
88$37,698,640$0$0$25,280,991
89$41,352,604$0$0$27,735,344
90$45,373,245$0$0$30,436,124
91$49,797,777$0$0$33,408,345
92$54,667,199$0$0$36,679,567
93$60,026,688$0$0$40,280,155
94$65,926,024$0$0$44,243,570
95$72,420,056$0$0$48,606,682
96$79,569,220$0$0$53,410,114
97$87,440,112$0$0$58,698,631
98$96,106,112$0$0$64,521,558
99$105,648,079$0$0$70,933,248
100$116,155,109$0$0$77,993,590