Can I retire at age 45 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$94,966$94,120$93,295$92,489$91,703$89,704
2 years$47,013$46,137$45,289$44,466$43,668$41,665
3 years$31,031$30,151$29,305$28,490$27,705$25,759
4 years$23,041$22,164$21,326$20,525$19,759$17,886
5 years$18,248$17,377$16,550$15,765$15,021$13,226
6 years$15,055$14,190$13,375$12,608$11,885$10,170
7 years$12,774$11,916$11,115$10,365$9,666$8,031
8 years$11,064$10,215$9,426$8,695$8,019$6,463
9 years$9,735$8,894$8,119$7,407$6,753$5,276
10 years$8,673$7,839$7,078$6,384$5,754$4,354
11 years$7,804$6,979$6,231$5,556$4,949$3,624
12 years$7,081$6,264$5,530$4,874$4,288$3,036
13 years$6,469$5,661$4,941$4,303$3,739$2,558
14 years$5,945$5,145$4,439$3,820$3,278$2,165
15 years$5,491$4,700$4,008$3,406$2,886$1,839
16 years$5,095$4,313$3,634$3,050$2,551$1,567
17 years$4,745$3,972$3,307$2,740$2,262$1,339
18 years$4,435$3,670$3,019$2,470$2,011$1,147
19 years$4,158$3,401$2,763$2,232$1,792$984
20 years$3,908$3,161$2,536$2,021$1,601$845
21 years$3,683$2,944$2,333$1,834$1,433$727
22 years$3,479$2,748$2,150$1,668$1,284$626
23 years$3,292$2,570$1,985$1,519$1,153$540
24 years$3,122$2,408$1,836$1,385$1,036$466
25 years$2,965$2,260$1,700$1,265$932$402
26 years$2,820$2,124$1,577$1,157$840$347
27 years$2,687$1,999$1,464$1,059$757$300
28 years$2,563$1,884$1,361$970$683$260
29 years$2,448$1,777$1,267$890$617$225
30 years$2,341$1,678$1,180$816$557$194
31 years$2,241$1,586$1,100$750$504$168
32 years$2,147$1,501$1,026$689$456$146
33 years$2,059$1,422$958$634$413$126
34 years$1,977$1,347$895$583$374$109
35 years$1,900$1,278$837$537$338$95
36 years$1,826$1,213$783$494$307$82
37 years$1,758$1,152$733$455$278$71
38 years$1,692$1,095$686$420$252$62
39 years$1,631$1,041$643$387$228$53
40 years$1,572$990$603$357$207$46
41 years$1,517$943$565$329$188$40
42 years$1,464$898$530$304$171$35
43 years$1,414$856$498$281$155$30
44 years$1,366$816$467$259$141$26
45 years$1,321$778$439$239$128$23
46 years$1,278$742$412$221$116$20
47 years$1,236$708$387$204$105$17
48 years$1,197$676$364$189$96$15
49 years$1,159$645$342$174$87$13
50 years$1,123$617$321$161$79$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,150,000, adding $5,366 every year, while hoping to spend $40,061 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: 64/16/20 Blend
44$1,150,000$1,150,000$1,150,000$1,150,000
45$1,272,835$1,211,885$1,194,060$1,347,478
46$1,360,040$1,228,643$1,191,436$1,415,096
47$1,454,796$1,244,879$1,187,382$1,483,921
48$1,557,833$1,260,526$1,181,807$1,558,175
49$1,669,952$1,275,511$1,174,617$1,638,393
50$1,792,032$1,289,756$1,165,712$1,725,162
51$1,925,045$1,303,180$1,154,989$1,819,131
52$2,070,057$1,315,694$1,142,339$1,921,016
53$2,228,243$1,327,203$1,127,648$2,031,605
54$2,400,896$1,337,608$1,110,796$2,151,770
55$2,589,439$1,346,802$1,091,659$2,282,471
56$2,795,438$1,354,672$1,070,106$2,424,765
57$3,020,619$1,361,096$1,046,000$2,579,822
58$3,266,879$1,365,947$1,019,198$2,748,929
59$3,536,309$1,369,087$989,550$2,933,508
60$3,831,212$1,370,372$956,900$3,135,124
61$4,154,123$1,369,647$921,082$3,355,507
62$4,507,832$1,366,748$881,927$3,596,561
63$4,895,414$1,361,502$839,255$3,860,391
64$5,320,255$1,353,724$792,879$4,149,312
65$5,786,083$1,343,219$742,602$4,465,884
66$6,297,005$1,329,778$688,221$4,812,923
67$6,857,545$1,313,183$629,522$5,193,541
68$7,472,684$1,293,198$566,280$5,611,166
69$8,147,911$1,269,578$498,264$6,069,579
70$8,889,271$1,242,061$425,229$6,572,950
71$9,703,424$1,210,369$346,921$7,125,875
72$10,597,704$1,174,208$263,075$7,733,426
73$11,580,195$1,133,269$173,412$8,401,192
74$12,659,797$1,087,221$77,643$9,135,337
75$13,846,318$1,035,718$0$9,942,659
76$15,150,565$978,390$0$10,835,890
77$16,584,440$914,848$0$11,836,077
78$18,161,059$844,682$0$12,935,812
79$19,894,870$767,455$0$14,145,214
80$21,801,794$682,707$0$15,475,431
81$23,899,370$589,953$0$16,938,752
82$26,206,924$488,678$0$18,548,721
83$28,745,746$378,340$0$20,320,263
84$31,539,299$258,365$0$22,269,827
85$34,613,432$128,149$0$24,415,541
86$37,996,625$0$0$26,777,387
87$41,720,261$0$0$29,379,663
88$45,818,920$0$0$32,268,953
89$50,330,702$0$0$35,449,567
90$55,297,591$0$0$38,951,114
91$60,765,848$0$0$42,806,216
92$66,786,445$0$0$47,050,826
93$73,415,552$0$0$51,724,554
94$80,715,059$0$0$56,871,051
95$88,753,167$0$0$62,538,414
96$97,605,024$0$0$68,779,643
97$107,353,440$0$0$75,653,140
98$118,089,665$0$0$83,223,260
99$129,914,250$0$0$91,560,918
100$142,937,994$0$0$100,744,257