Can I retire at age 45 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$103,224$102,304$101,407$100,532$99,677$98,066
2 years$51,101$50,149$49,227$48,333$47,465$45,847
3 years$33,729$32,773$31,853$30,967$30,114$28,538
4 years$25,045$24,092$23,181$22,310$21,477$19,957
5 years$19,835$18,888$17,989$17,136$16,327$14,865
6 years$16,364$15,424$14,538$13,704$12,919$11,518
7 years$13,885$12,953$12,081$11,267$10,506$9,167
8 years$12,027$11,103$10,246$9,451$8,716$7,438
9 years$10,582$9,667$8,825$8,051$7,340$6,123
10 years$9,427$8,521$7,694$6,940$6,254$5,096
11 years$8,483$7,586$6,773$6,040$5,379$4,279
12 years$7,696$6,809$6,011$5,298$4,661$3,618
13 years$7,031$6,153$5,371$4,677$4,065$3,077
14 years$6,462$5,593$4,825$4,152$3,563$2,629
15 years$5,969$5,109$4,357$3,703$3,137$2,255
16 years$5,538$4,688$3,950$3,315$2,773$1,941
17 years$5,158$4,317$3,594$2,979$2,458$1,675
18 years$4,821$3,989$3,281$2,684$2,186$1,449
19 years$4,519$3,697$3,004$2,426$1,948$1,256
20 years$4,248$3,436$2,757$2,197$1,740$1,090
21 years$4,004$3,200$2,536$1,994$1,557$948
22 years$3,781$2,987$2,337$1,813$1,396$825
23 years$3,579$2,794$2,158$1,651$1,253$719
24 years$3,393$2,618$1,996$1,506$1,126$627
25 years$3,223$2,457$1,848$1,375$1,014$548
26 years$3,066$2,309$1,714$1,257$913$479
27 years$2,921$2,173$1,592$1,151$823$418
28 years$2,786$2,047$1,480$1,054$743$366
29 years$2,661$1,931$1,377$967$671$320
30 years$2,544$1,824$1,283$887$606$280
31 years$2,436$1,724$1,196$815$548$245
32 years$2,334$1,632$1,116$749$496$215
33 years$2,239$1,545$1,042$689$448$188
34 years$2,149$1,464$973$634$406$165
35 years$2,065$1,389$910$583$368$145
36 years$1,985$1,318$851$537$333$127
37 years$1,910$1,252$797$495$302$111
38 years$1,840$1,190$746$456$274$98
39 years$1,772$1,132$699$421$248$86
40 years$1,709$1,077$655$388$225$75
41 years$1,649$1,025$614$358$204$66
42 years$1,591$976$576$330$185$58
43 years$1,537$930$541$305$168$51
44 years$1,485$886$508$282$153$45
45 years$1,436$845$477$260$139$39
46 years$1,389$806$448$240$126$34
47 years$1,344$770$421$222$114$30
48 years$1,301$735$395$205$104$26
49 years$1,260$702$372$190$94$23
50 years$1,220$670$349$175$86$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,250,000, adding $4,701 every year, while hoping to spend $55,518 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: 53/38/9 Blend
44$1,250,000$1,250,000$1,250,000$1,250,000
45$1,382,349$1,316,099$1,296,724$1,452,246
46$1,464,278$1,321,517$1,281,094$1,505,642
47$1,552,703$1,325,340$1,263,079$1,557,276
48$1,648,228$1,327,431$1,242,541$1,612,137
49$1,751,516$1,327,645$1,219,336$1,670,540
50$1,863,298$1,325,826$1,193,311$1,732,837
51$1,984,376$1,321,813$1,164,307$1,799,415
52$2,115,630$1,315,429$1,132,160$1,870,705
53$2,258,031$1,306,492$1,096,694$1,947,184
54$2,412,644$1,294,805$1,057,727$2,029,379
55$2,580,644$1,280,160$1,015,071$2,117,876
56$2,763,320$1,262,338$968,526$2,213,323
57$2,962,092$1,241,106$917,885$2,316,435
58$3,178,520$1,216,215$862,930$2,428,007
59$3,414,326$1,187,406$803,434$2,548,918
60$3,671,398$1,154,400$739,160$2,680,139
61$3,951,819$1,116,904$669,861$2,822,747
62$4,257,881$1,074,609$595,277$2,977,932
63$4,592,104$1,027,184$515,138$3,147,011
64$4,957,266$974,283$429,162$3,331,442
65$5,356,422$915,538$337,054$3,532,835
66$5,792,938$850,560$238,507$3,752,973
67$6,270,518$778,939$133,197$3,993,825
68$6,793,243$700,239$20,792$4,257,571
69$7,365,605$614,001$0$4,546,619
70$7,992,550$519,741$0$4,873,154
71$8,679,527$416,944$0$5,233,345
72$9,432,535$305,071$0$5,628,482
73$10,258,182$183,548$0$6,062,196
74$11,163,746$51,772$0$6,538,497
75$12,157,244$0$0$7,061,812
76$13,247,504$0$0$7,675,038
77$14,444,253$0$0$8,372,049
78$15,758,204$0$0$9,137,451
79$17,201,158$0$0$9,978,135
80$18,786,115$0$0$10,901,691
81$20,527,396$0$0$11,916,482
82$22,440,779$0$0$13,031,721
83$24,543,644$0$0$14,257,556
84$26,855,139$0$0$15,605,170
85$29,396,360$0$0$17,086,880
86$32,190,548$0$0$18,716,260
87$35,263,310$0$0$20,508,261
88$38,642,857$0$0$22,479,359
89$42,360,273$0$0$24,647,706
90$46,449,805$0$0$27,033,301
91$50,949,185$0$0$29,658,180
92$55,899,990$0$0$32,546,622
93$61,348,027$0$0$35,725,379
94$67,343,771$0$0$39,223,928
95$73,942,835$0$0$43,074,748
96$81,206,498$0$0$47,313,626
97$89,202,283$0$0$51,979,995
98$98,004,588$0$0$57,117,305
99$107,695,394$0$0$62,773,434
100$118,365,033$0$0$69,001,139