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%12.5%
1 years$103,224$102,304$101,407$100,532$99,677$98,636
2 years$51,101$50,149$49,227$48,333$47,465$46,417
3 years$33,729$32,773$31,853$30,967$30,114$29,091
4 years$25,045$24,092$23,181$22,310$21,477$20,487
5 years$19,835$18,888$17,989$17,136$16,327$15,373
6 years$16,364$15,424$14,538$13,704$12,919$12,002
7 years$13,885$12,953$12,081$11,267$10,506$9,627
8 years$12,027$11,103$10,246$9,451$8,716$7,874
9 years$10,582$9,667$8,825$8,051$7,340$6,536
10 years$9,427$8,521$7,694$6,940$6,254$5,486
11 years$8,483$7,586$6,773$6,040$5,379$4,647
12 years$7,696$6,809$6,011$5,298$4,661$3,965
13 years$7,031$6,153$5,371$4,677$4,065$3,403
14 years$6,462$5,593$4,825$4,152$3,563$2,934
15 years$5,969$5,109$4,357$3,703$3,137$2,541
16 years$5,538$4,688$3,950$3,315$2,773$2,208
17 years$5,158$4,317$3,594$2,979$2,458$1,925
18 years$4,821$3,989$3,281$2,684$2,186$1,682
19 years$4,519$3,697$3,004$2,426$1,948$1,472
20 years$4,248$3,436$2,757$2,197$1,740$1,292
21 years$4,004$3,200$2,536$1,994$1,557$1,135
22 years$3,781$2,987$2,337$1,813$1,396$999
23 years$3,579$2,794$2,158$1,651$1,253$880
24 years$3,393$2,618$1,996$1,506$1,126$776
25 years$3,223$2,457$1,848$1,375$1,014$685
26 years$3,066$2,309$1,714$1,257$913$605
27 years$2,921$2,173$1,592$1,151$823$535
28 years$2,786$2,047$1,480$1,054$743$473
29 years$2,661$1,931$1,377$967$671$419
30 years$2,544$1,824$1,283$887$606$371
31 years$2,436$1,724$1,196$815$548$329
32 years$2,334$1,632$1,116$749$496$291
33 years$2,239$1,545$1,042$689$448$258
34 years$2,149$1,464$973$634$406$229
35 years$2,065$1,389$910$583$368$203
36 years$1,985$1,318$851$537$333$180
37 years$1,910$1,252$797$495$302$160
38 years$1,840$1,190$746$456$274$142
39 years$1,772$1,132$699$421$248$126
40 years$1,709$1,077$655$388$225$112
41 years$1,649$1,025$614$358$204$99
42 years$1,591$976$576$330$185$88
43 years$1,537$930$541$305$168$78
44 years$1,485$886$508$282$153$70
45 years$1,436$845$477$260$139$62
46 years$1,389$806$448$240$126$55
47 years$1,344$770$421$222$114$49
48 years$1,301$735$395$205$104$43
49 years$1,260$702$372$190$94$39
50 years$1,220$670$349$175$86$34

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 $4,324 every year, while hoping to spend $56,182 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: 32/38/30 Blend
44$1,250,000$1,250,000$1,250,000$1,250,000
45$1,381,960$1,315,710$1,296,335$1,413,458
46$1,463,143$1,320,403$1,279,985$1,442,826
47$1,550,723$1,323,442$1,261,205$1,469,215
48$1,645,295$1,324,689$1,239,852$1,496,560
49$1,747,509$1,323,992$1,215,781$1,524,987
50$1,858,082$1,321,195$1,188,838$1,554,637
51$1,977,802$1,316,130$1,158,859$1,585,672
52$2,107,535$1,308,617$1,125,678$1,618,273
53$2,248,232$1,298,468$1,089,117$1,652,646
54$2,400,941$1,285,482$1,048,992$1,689,024
55$2,566,813$1,269,447$1,005,109$1,727,667
56$2,747,115$1,250,137$957,267$1,768,870
57$2,943,240$1,227,312$905,255$1,812,965
58$3,156,721$1,200,721$848,851$1,860,321
59$3,389,245$1,170,095$787,826$1,911,357
60$3,642,669$1,135,150$721,939$1,966,539
61$3,919,035$1,095,587$650,938$2,026,390
62$4,220,592$1,051,086$574,560$2,091,495
63$4,549,814$1,001,312$492,530$2,162,508
64$4,909,428$945,908$404,562$2,240,158
65$5,302,431$884,499$310,357$2,325,261
66$5,732,126$816,687$209,601$2,418,726
67$6,202,149$742,051$101,968$2,521,567
68$6,716,503$660,145$0$2,634,912
69$7,279,595$570,501$0$2,764,146
70$7,896,280$472,622$0$2,941,641
71$8,571,903$365,983$0$3,136,398
72$9,312,351$250,030$0$3,350,272
73$10,124,107$124,178$0$3,585,313
74$11,014,312$0$0$3,843,793
75$11,990,831$0$0$4,133,323
76$13,062,326$0$0$4,508,178
77$14,238,339$0$0$4,919,797
78$15,529,380$0$0$5,371,881
79$16,947,028$0$0$5,868,512
80$18,504,036$0$0$6,414,183
81$20,214,453$0$0$7,013,846
82$22,093,758$0$0$7,672,955
83$24,159,001$0$0$8,397,519
84$26,428,967$0$0$9,194,159
85$28,924,350$0$0$10,070,170
86$31,667,950$0$0$11,033,588
87$34,684,888$0$0$12,093,266
88$38,002,837$0$0$13,258,960
89$41,652,290$0$0$14,541,419
90$45,666,842$0$0$15,952,485
91$50,083,508$0$0$17,505,206
92$54,943,071$0$0$19,213,961
93$60,290,467$0$0$21,094,590
94$66,175,209$0$0$23,164,549
95$72,651,850$0$0$25,443,070
96$79,780,503$0$0$27,951,347
97$87,627,399$0$0$30,712,729
98$96,265,522$0$0$33,752,949
99$105,775,288$0$0$37,100,357
100$116,245,306$0$0$40,786,197