Can I retire at age 45 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$104,875$103,941$103,030$102,140$101,272$98,864
2 years$51,919$50,952$50,014$49,106$48,225$45,813
3 years$34,269$33,297$32,363$31,463$30,596$28,255
4 years$25,445$24,477$23,552$22,667$21,821$19,570
5 years$20,153$19,190$18,277$17,410$16,588$14,433
6 years$16,625$15,670$14,771$13,923$13,126$11,068
7 years$14,107$13,160$12,274$11,447$10,675$8,715
8 years$12,219$11,281$10,410$9,603$8,856$6,994
9 years$10,751$9,822$8,966$8,179$7,458$5,692
10 years$9,578$8,657$7,817$7,051$6,354$4,682
11 years$8,618$7,707$6,882$6,136$5,465$3,885
12 years$7,819$6,918$6,107$5,382$4,736$3,245
13 years$7,144$6,251$5,456$4,752$4,130$2,725
14 years$6,565$5,682$4,903$4,218$3,620$2,298
15 years$6,064$5,191$4,426$3,762$3,187$1,946
16 years$5,627$4,763$4,013$3,368$2,817$1,652
17 years$5,241$4,386$3,652$3,026$2,498$1,406
18 years$4,898$4,053$3,334$2,727$2,221$1,200
19 years$4,592$3,756$3,052$2,464$1,980$1,025
20 years$4,316$3,491$2,801$2,232$1,768$878
21 years$4,068$3,251$2,576$2,026$1,582$752
22 years$3,842$3,035$2,374$1,842$1,418$645
23 years$3,636$2,839$2,192$1,677$1,273$554
24 years$3,447$2,660$2,028$1,530$1,144$476
25 years$3,274$2,496$1,878$1,397$1,030$409
26 years$3,115$2,346$1,742$1,277$928$352
27 years$2,967$2,208$1,617$1,169$836$303
28 years$2,831$2,080$1,503$1,071$755$261
29 years$2,704$1,962$1,399$982$681$225
30 years$2,585$1,853$1,303$902$616$194
31 years$2,475$1,752$1,215$828$557$167
32 years$2,371$1,658$1,134$761$503$144
33 years$2,274$1,570$1,058$700$456$124
34 years$2,183$1,488$989$644$413$107
35 years$2,098$1,411$925$593$374$93
36 years$2,017$1,339$865$546$339$80
37 years$1,941$1,272$810$503$307$69
38 years$1,869$1,209$758$464$278$59
39 years$1,801$1,150$710$427$252$51
40 years$1,736$1,094$666$394$229$44
41 years$1,675$1,041$624$364$208$38
42 years$1,617$992$586$336$188$33
43 years$1,562$945$549$310$171$29
44 years$1,509$901$516$286$155$25
45 years$1,459$859$484$264$141$21
46 years$1,411$819$455$244$128$18
47 years$1,365$782$427$226$116$16
48 years$1,322$746$402$208$105$14
49 years$1,280$713$377$193$96$12
50 years$1,240$681$355$178$87$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,270,000, adding $6,755 every year, while hoping to spend $45,928 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: 36/43/21 Blend
44$1,270,000$1,270,000$1,270,000$1,270,000
45$1,406,508$1,339,198$1,319,513$1,447,990
46$1,501,105$1,355,951$1,314,849$1,495,683
47$1,603,811$1,371,987$1,308,491$1,542,382
48$1,715,405$1,387,220$1,300,331$1,591,857
49$1,836,745$1,401,562$1,290,260$1,644,384
50$1,968,771$1,414,917$1,278,162$1,700,270
51$2,112,522$1,427,184$1,263,917$1,759,853
52$2,269,138$1,438,254$1,247,396$1,823,510
53$2,439,874$1,448,013$1,228,469$1,891,659
54$2,626,113$1,456,338$1,206,994$1,964,762
55$2,829,376$1,463,097$1,182,827$2,043,332
56$3,051,336$1,468,153$1,155,816$2,127,938
57$3,293,838$1,471,358$1,125,801$2,219,210
58$3,558,909$1,472,554$1,092,615$2,317,847
59$3,848,784$1,471,576$1,056,085$2,424,621
60$4,165,923$1,468,246$1,016,026$2,540,390
61$4,513,034$1,462,376$972,250$2,666,101
62$4,893,099$1,453,768$924,555$2,802,805
63$5,309,402$1,442,210$872,735$2,951,665
64$5,765,560$1,427,477$816,571$3,113,966
65$6,265,556$1,409,333$755,835$3,291,132
66$6,813,777$1,387,524$690,290$3,484,740
67$7,415,054$1,361,785$619,686$3,696,530
68$8,074,709$1,331,832$543,765$3,928,431
69$8,798,604$1,297,366$462,255$4,182,575
70$9,593,194$1,258,069$374,874$4,461,318
71$10,465,592$1,213,607$281,324$4,767,267
72$11,423,632$1,163,624$181,299$5,103,302
73$12,475,945$1,107,743$74,474$5,472,609
74$13,632,037$1,045,569$0$5,878,706
75$14,902,383$976,679$0$6,334,340
76$16,298,520$900,630$0$6,853,336
77$17,833,159$816,952$0$7,423,820
78$19,520,306$725,148$0$8,051,122
79$21,375,390$624,692$0$8,741,126
80$23,415,408$515,030$0$9,500,324
81$25,659,089$395,576$0$10,335,883
82$28,127,068$265,712$0$11,255,708
83$30,842,080$124,782$0$12,268,523
84$33,829,173$0$0$13,383,953
85$37,115,948$0$0$14,625,821
86$40,732,814$0$0$16,057,592
87$44,713,279$0$0$17,633,511
88$49,094,260$0$0$19,368,222
89$53,916,439$0$0$21,277,860
90$59,224,639$0$0$23,380,205
91$65,068,251$0$0$25,694,848
92$71,501,695$0$0$28,243,375
93$78,584,940$0$0$31,049,572
94$86,384,064$0$0$34,139,651
95$94,971,877$0$0$37,542,493
96$104,428,611$0$0$41,289,924
97$114,842,674$0$0$45,417,013
98$126,311,486$0$0$49,962,404
99$138,942,394$0$0$54,968,679
100$152,853,690$0$0$60,482,764