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%18.7%
1 years$103,224$102,304$101,407$100,532$99,677$96,178
2 years$51,101$50,149$49,227$48,333$47,465$43,977
3 years$33,729$32,773$31,853$30,967$30,114$26,746
4 years$25,045$24,092$23,181$22,310$21,477$18,256
5 years$19,835$18,888$17,989$17,136$16,327$13,259
6 years$16,364$15,424$14,538$13,704$12,919$10,008
7 years$13,885$12,953$12,081$11,267$10,506$7,752
8 years$12,027$11,103$10,246$9,451$8,716$6,115
9 years$10,582$9,667$8,825$8,051$7,340$4,890
10 years$9,427$8,521$7,694$6,940$6,254$3,950
11 years$8,483$7,586$6,773$6,040$5,379$3,217
12 years$7,696$6,809$6,011$5,298$4,661$2,636
13 years$7,031$6,153$5,371$4,677$4,065$2,170
14 years$6,462$5,593$4,825$4,152$3,563$1,794
15 years$5,969$5,109$4,357$3,703$3,137$1,488
16 years$5,538$4,688$3,950$3,315$2,773$1,238
17 years$5,158$4,317$3,594$2,979$2,458$1,032
18 years$4,821$3,989$3,281$2,684$2,186$861
19 years$4,519$3,697$3,004$2,426$1,948$720
20 years$4,248$3,436$2,757$2,197$1,740$603
21 years$4,004$3,200$2,536$1,994$1,557$505
22 years$3,781$2,987$2,337$1,813$1,396$424
23 years$3,579$2,794$2,158$1,651$1,253$356
24 years$3,393$2,618$1,996$1,506$1,126$299
25 years$3,223$2,457$1,848$1,375$1,014$251
26 years$3,066$2,309$1,714$1,257$913$211
27 years$2,921$2,173$1,592$1,151$823$177
28 years$2,786$2,047$1,480$1,054$743$149
29 years$2,661$1,931$1,377$967$671$126
30 years$2,544$1,824$1,283$887$606$106
31 years$2,436$1,724$1,196$815$548$89
32 years$2,334$1,632$1,116$749$496$75
33 years$2,239$1,545$1,042$689$448$63
34 years$2,149$1,464$973$634$406$53
35 years$2,065$1,389$910$583$368$45
36 years$1,985$1,318$851$537$333$38
37 years$1,910$1,252$797$495$302$32
38 years$1,840$1,190$746$456$274$27
39 years$1,772$1,132$699$421$248$22
40 years$1,709$1,077$655$388$225$19
41 years$1,649$1,025$614$358$204$16
42 years$1,591$976$576$330$185$13
43 years$1,537$930$541$305$168$11
44 years$1,485$886$508$282$153$10
45 years$1,436$845$477$260$139$8
46 years$1,389$806$448$240$126$7
47 years$1,344$770$421$222$114$6
48 years$1,301$735$395$205$104$5
49 years$1,260$702$372$190$94$4
50 years$1,220$670$349$175$86$3

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 $2,522 every year, while hoping to spend $51,521 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: 49/21/30 Blend
44$1,250,000$1,250,000$1,250,000$1,250,000
45$1,380,101$1,313,851$1,294,476$1,435,825
46$1,466,054$1,323,412$1,283,023$1,484,830
47$1,559,047$1,331,715$1,269,460$1,532,790
48$1,659,744$1,338,643$1,253,661$1,583,917
49$1,768,874$1,344,073$1,235,496$1,638,539
50$1,887,241$1,347,875$1,214,826$1,697,017
51$2,015,727$1,349,907$1,191,510$1,759,752
52$2,155,301$1,350,023$1,165,396$1,827,190
53$2,307,032$1,348,065$1,136,327$1,899,824
54$2,472,095$1,343,865$1,104,139$1,978,201
55$2,651,781$1,337,247$1,068,660$2,062,925
56$2,847,512$1,328,021$1,029,710$2,154,667
57$3,060,852$1,315,989$987,100$2,254,171
58$3,293,525$1,300,938$940,633$2,362,258
59$3,547,425$1,282,645$890,105$2,479,839
60$3,824,639$1,260,871$835,300$2,607,921
61$4,127,463$1,235,364$775,993$2,747,621
62$4,458,425$1,205,858$711,950$2,900,170
63$4,820,309$1,172,070$642,925$3,066,936
64$5,216,180$1,133,700$568,662$3,249,426
65$5,649,412$1,090,433$488,894$3,449,312
66$6,123,721$1,041,933$403,341$3,668,438
67$6,643,198$987,846$311,710$3,908,846
68$7,212,350$927,796$213,699$4,172,793
69$7,836,140$861,388$108,987$4,462,772
70$8,520,032$788,201$0$4,781,540
71$9,270,046$707,794$0$5,133,024
72$10,092,812$619,697$0$5,556,996
73$10,995,633$523,416$0$6,022,364
74$11,986,552$418,428$0$6,533,356
75$13,074,429$304,181$0$7,094,635
76$14,269,026$180,090$0$7,711,339
77$15,581,093$45,541$0$8,389,140
78$17,022,475$0$0$9,134,287
79$18,606,219$0$0$9,976,811
80$20,346,700$0$0$10,914,425
81$22,259,753$0$0$11,945,155
82$24,362,824$0$0$13,078,420
83$26,675,136$0$0$14,324,596
84$29,217,863$0$0$15,695,115
85$32,014,337$0$0$17,202,574
86$35,090,263$0$0$18,860,850
87$38,473,963$0$0$20,685,234
88$42,196,642$0$0$22,692,573
89$46,292,683$0$0$24,901,431
90$50,799,966$0$0$27,332,259
91$55,760,234$0$0$30,007,595
92$61,219,477$0$0$32,952,270
93$67,228,371$0$0$36,193,645
94$73,842,755$0$0$39,761,867
95$81,124,154$0$0$43,690,157
96$89,140,363$0$0$48,015,119
97$97,966,084$0$0$52,777,086
98$107,683,631$0$0$58,020,504
99$118,383,705$0$0$63,794,346
100$130,166,252$0$0$70,152,575