Can I retire at age 45 with 1,260,000?

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$104,050$103,123$102,219$101,336$100,474$98,486
2 years$51,510$50,550$49,621$48,719$47,845$45,850
3 years$33,999$33,035$32,108$31,215$30,355$28,416
4 years$25,245$24,284$23,366$22,489$21,649$19,781
5 years$19,994$19,039$18,133$17,273$16,457$14,665
6 years$16,495$15,547$14,654$13,814$13,022$11,308
7 years$13,996$13,056$12,178$11,357$10,591$8,954
8 years$12,123$11,192$10,328$9,527$8,786$7,228
9 years$10,667$9,744$8,895$8,115$7,399$5,917
10 years$9,502$8,589$7,755$6,995$6,304$4,898
11 years$8,551$7,646$6,827$6,088$5,422$4,090
12 years$7,758$6,863$6,059$5,340$4,699$3,438
13 years$7,088$6,202$5,414$4,714$4,097$2,906
14 years$6,514$5,638$4,864$4,185$3,592$2,468
15 years$6,017$5,150$4,392$3,732$3,162$2,104
16 years$5,582$4,725$3,982$3,342$2,795$1,799
17 years$5,199$4,352$3,623$3,003$2,478$1,543
18 years$4,859$4,021$3,307$2,706$2,203$1,326
19 years$4,555$3,727$3,028$2,445$1,964$1,142
20 years$4,282$3,463$2,779$2,214$1,754$984
21 years$4,036$3,226$2,556$2,010$1,570$850
22 years$3,811$3,011$2,356$1,827$1,407$735
23 years$3,607$2,816$2,175$1,664$1,263$636
24 years$3,420$2,639$2,012$1,518$1,135$551
25 years$3,248$2,476$1,863$1,386$1,022$478
26 years$3,090$2,327$1,728$1,267$920$414
27 years$2,944$2,190$1,605$1,160$830$360
28 years$2,808$2,064$1,492$1,063$749$312
29 years$2,682$1,947$1,388$975$676$271
30 years$2,565$1,839$1,293$895$611$236
31 years$2,455$1,738$1,205$822$552$205
32 years$2,353$1,645$1,125$755$500$178
33 years$2,256$1,558$1,050$694$452$155
34 years$2,166$1,476$981$639$409$135
35 years$2,081$1,400$917$588$371$117
36 years$2,001$1,329$858$542$336$102
37 years$1,926$1,262$803$499$304$89
38 years$1,854$1,200$752$460$276$77
39 years$1,787$1,141$705$424$250$67
40 years$1,723$1,085$660$391$227$59
41 years$1,662$1,033$619$361$206$51
42 years$1,604$984$581$333$187$44
43 years$1,549$937$545$307$170$39
44 years$1,497$894$512$284$154$34
45 years$1,447$852$480$262$140$29
46 years$1,400$813$451$242$127$26
47 years$1,355$776$424$224$115$22
48 years$1,311$740$398$207$105$19
49 years$1,270$707$374$191$95$17
50 years$1,230$675$352$177$86$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,260,000, adding $6,193 every year, while hoping to spend $59,350 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: 40/46/14 Blend
44$1,260,000$1,260,000$1,260,000$1,260,000
45$1,394,908$1,328,128$1,308,598$1,444,657
46$1,474,041$1,330,058$1,289,288$1,482,407
47$1,559,256$1,330,094$1,267,342$1,516,947
48$1,651,111$1,328,080$1,242,609$1,553,025
49$1,750,219$1,323,850$1,214,931$1,590,811
50$1,857,253$1,317,231$1,184,143$1,630,491
51$1,972,952$1,308,035$1,150,071$1,672,277
52$2,098,130$1,296,065$1,112,536$1,716,406
53$2,233,680$1,281,113$1,071,346$1,763,145
54$2,380,585$1,262,957$1,026,306$1,812,791
55$2,539,925$1,241,362$977,207$1,865,677
56$2,712,887$1,216,079$923,834$1,922,175
57$2,900,780$1,186,845$865,960$1,982,702
58$3,105,039$1,153,380$803,350$2,047,723
59$3,327,247$1,115,390$735,756$2,117,757
60$3,569,144$1,072,561$662,921$2,193,382
61$3,832,643$1,024,563$584,576$2,275,245
62$4,119,851$971,046$500,438$2,364,063
63$4,433,088$911,639$410,214$2,460,640
64$4,774,905$845,950$313,598$2,565,865
65$5,148,110$773,567$210,269$2,680,732
66$5,555,797$694,052$99,892$2,806,344
67$6,001,369$606,941$0$2,943,929
68$6,488,574$511,747$0$3,097,524
69$7,021,539$407,952$0$3,282,068
70$7,604,806$295,013$0$3,484,364
71$8,243,380$172,352$0$3,706,337
72$8,942,769$39,361$0$3,950,123
73$9,709,041$0$0$4,218,087
74$10,548,876$0$0$4,565,793
75$11,469,635$0$0$4,969,012
76$12,479,421$0$0$5,411,392
77$13,587,162$0$0$5,896,863
78$14,802,689$0$0$6,429,759
79$16,136,835$0$0$7,014,849
80$17,601,527$0$0$7,657,390
81$19,209,908$0$0$8,363,171
82$20,976,455$0$0$9,138,572
83$22,917,114$0$0$9,990,617
84$25,049,453$0$0$10,927,048
85$27,392,828$0$0$11,956,393
86$29,968,559$0$0$13,088,046
87$32,800,136$0$0$14,332,360
88$35,913,441$0$0$15,700,737
89$39,336,985$0$0$17,205,743
90$43,102,181$0$0$18,861,221
91$47,243,642$0$0$20,682,423
92$51,799,501$0$0$22,686,155
93$56,811,773$0$0$24,890,931
94$62,326,752$0$0$27,317,156
95$68,395,444$0$0$29,987,306
96$75,074,050$0$0$32,926,151
97$82,424,496$0$0$36,160,984
98$90,515,014$0$0$39,721,874
99$99,420,785$0$0$43,641,958
100$109,224,653$0$0$47,957,747