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

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$103,224$102,304$101,407$100,532$99,677$96,140
2 years$51,101$50,149$49,227$48,333$47,465$43,940
3 years$33,729$32,773$31,853$30,967$30,114$26,710
4 years$25,045$24,092$23,181$22,310$21,477$18,222
5 years$19,835$18,888$17,989$17,136$16,327$13,228
6 years$16,364$15,424$14,538$13,704$12,919$9,979
7 years$13,885$12,953$12,081$11,267$10,506$7,725
8 years$12,027$11,103$10,246$9,451$8,716$6,090
9 years$10,582$9,667$8,825$8,051$7,340$4,867
10 years$9,427$8,521$7,694$6,940$6,254$3,929
11 years$8,483$7,586$6,773$6,040$5,379$3,198
12 years$7,696$6,809$6,011$5,298$4,661$2,618
13 years$7,031$6,153$5,371$4,677$4,065$2,155
14 years$6,462$5,593$4,825$4,152$3,563$1,780
15 years$5,969$5,109$4,357$3,703$3,137$1,475
16 years$5,538$4,688$3,950$3,315$2,773$1,226
17 years$5,158$4,317$3,594$2,979$2,458$1,021
18 years$4,821$3,989$3,281$2,684$2,186$852
19 years$4,519$3,697$3,004$2,426$1,948$712
20 years$4,248$3,436$2,757$2,197$1,740$595
21 years$4,004$3,200$2,536$1,994$1,557$499
22 years$3,781$2,987$2,337$1,813$1,396$418
23 years$3,579$2,794$2,158$1,651$1,253$350
24 years$3,393$2,618$1,996$1,506$1,126$294
25 years$3,223$2,457$1,848$1,375$1,014$247
26 years$3,066$2,309$1,714$1,257$913$207
27 years$2,921$2,173$1,592$1,151$823$174
28 years$2,786$2,047$1,480$1,054$743$146
29 years$2,661$1,931$1,377$967$671$123
30 years$2,544$1,824$1,283$887$606$104
31 years$2,436$1,724$1,196$815$548$87
32 years$2,334$1,632$1,116$749$496$73
33 years$2,239$1,545$1,042$689$448$62
34 years$2,149$1,464$973$634$406$52
35 years$2,065$1,389$910$583$368$44
36 years$1,985$1,318$851$537$333$37
37 years$1,910$1,252$797$495$302$31
38 years$1,840$1,190$746$456$274$26
39 years$1,772$1,132$699$421$248$22
40 years$1,709$1,077$655$388$225$18
41 years$1,649$1,025$614$358$204$15
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$9
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 $3,925 every year, while hoping to spend $29,183 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: 55/28/17 Blend
44$1,250,000$1,250,000$1,250,000$1,250,000
45$1,381,549$1,315,299$1,295,924$1,451,068
46$1,491,416$1,348,698$1,308,287$1,532,291
47$1,611,512$1,382,755$1,320,086$1,617,231
48$1,742,849$1,417,473$1,331,271$1,709,073
49$1,886,541$1,452,851$1,341,790$1,808,483
50$2,043,817$1,488,889$1,351,589$1,916,196
51$2,216,027$1,525,586$1,360,608$2,033,019
52$2,404,661$1,562,938$1,368,787$2,159,845
53$2,611,357$1,600,943$1,376,063$2,297,653
54$2,837,921$1,639,595$1,382,366$2,447,526
55$3,086,341$1,678,887$1,387,628$2,610,653
56$3,358,807$1,718,812$1,391,772$2,788,347
57$3,657,730$1,759,359$1,394,722$2,982,053
58$3,985,769$1,800,517$1,396,395$3,193,364
59$4,345,847$1,842,273$1,396,704$3,424,034
60$4,741,190$1,884,611$1,395,561$3,675,996
61$5,175,349$1,927,513$1,392,869$3,951,382
62$5,652,234$1,970,961$1,388,529$4,252,538
63$6,176,154$2,014,931$1,382,437$4,582,052
64$6,751,858$2,059,398$1,374,485$4,942,775
65$7,384,573$2,104,335$1,364,556$5,337,848
66$8,080,063$2,149,710$1,352,532$5,770,732
67$8,844,674$2,195,491$1,338,286$6,245,244
68$9,685,399$2,241,638$1,321,687$6,765,587
69$10,609,943$2,288,112$1,302,597$7,336,396
70$11,626,795$2,334,866$1,280,872$7,962,776
71$12,745,306$2,381,853$1,256,359$8,650,355
72$13,975,782$2,429,019$1,228,902$9,405,336
73$15,329,575$2,476,304$1,198,334$10,234,554
74$16,819,196$2,523,648$1,164,482$11,145,542
75$18,458,428$2,570,980$1,127,166$12,146,602
76$20,262,456$2,618,227$1,086,195$13,246,885
77$22,248,016$2,665,309$1,041,372$14,456,473
78$24,433,545$2,712,140$992,488$15,786,482
79$26,839,358$2,758,627$939,329$17,249,159
80$29,487,843$2,804,670$881,667$18,858,004
81$32,403,666$2,850,162$819,265$20,627,895
82$35,614,006$2,894,986$751,878$22,575,227
83$39,148,815$2,939,020$679,245$24,718,072
84$43,041,092$2,982,130$601,098$27,076,347
85$47,327,203$3,024,174$517,154$29,671,999
86$52,047,219$3,065,000$427,120$32,529,221
87$57,245,295$3,104,444$330,688$35,674,673
88$62,970,086$3,142,333$227,537$39,137,738
89$69,275,207$3,178,480$117,332$42,950,799
90$76,219,740$3,212,687$0$47,149,544
91$83,868,786$3,244,742$0$51,773,357
92$92,294,086$3,274,418$0$56,888,252
93$101,574,693$3,301,475$0$62,520,767
94$111,797,720$3,325,655$0$68,723,626
95$123,059,162$3,346,687$0$75,554,929
96$135,464,800$3,364,278$0$83,078,705
97$149,131,202$3,378,120$0$91,365,515
98$164,186,820$3,387,883$0$100,493,116
99$180,773,205$3,393,219$0$110,547,199
100$199,046,339$3,393,754$0$121,622,197