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

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$104,875$103,941$103,030$102,140$101,272$99,471
2 years$51,919$50,952$50,014$49,106$48,225$46,417
3 years$34,269$33,297$32,363$31,463$30,596$28,837
4 years$25,445$24,477$23,552$22,667$21,821$20,125
5 years$20,153$19,190$18,277$17,410$16,588$14,959
6 years$16,625$15,670$14,771$13,923$13,126$11,566
7 years$14,107$13,160$12,274$11,447$10,675$9,185
8 years$12,219$11,281$10,410$9,603$8,856$7,435
9 years$10,751$9,822$8,966$8,179$7,458$6,105
10 years$9,578$8,657$7,817$7,051$6,354$5,069
11 years$8,618$7,707$6,882$6,136$5,465$4,246
12 years$7,819$6,918$6,107$5,382$4,736$3,581
13 years$7,144$6,251$5,456$4,752$4,130$3,037
14 years$6,565$5,682$4,903$4,218$3,620$2,588
15 years$6,064$5,191$4,426$3,762$3,187$2,214
16 years$5,627$4,763$4,013$3,368$2,817$1,900
17 years$5,241$4,386$3,652$3,026$2,498$1,635
18 years$4,898$4,053$3,334$2,727$2,221$1,410
19 years$4,592$3,756$3,052$2,464$1,980$1,219
20 years$4,316$3,491$2,801$2,232$1,768$1,055
21 years$4,068$3,251$2,576$2,026$1,582$914
22 years$3,842$3,035$2,374$1,842$1,418$794
23 years$3,636$2,839$2,192$1,677$1,273$689
24 years$3,447$2,660$2,028$1,530$1,144$600
25 years$3,274$2,496$1,878$1,397$1,030$522
26 years$3,115$2,346$1,742$1,277$928$454
27 years$2,967$2,208$1,617$1,169$836$396
28 years$2,831$2,080$1,503$1,071$755$345
29 years$2,704$1,962$1,399$982$681$301
30 years$2,585$1,853$1,303$902$616$263
31 years$2,475$1,752$1,215$828$557$229
32 years$2,371$1,658$1,134$761$503$200
33 years$2,274$1,570$1,058$700$456$175
34 years$2,183$1,488$989$644$413$153
35 years$2,098$1,411$925$593$374$133
36 years$2,017$1,339$865$546$339$117
37 years$1,941$1,272$810$503$307$102
38 years$1,869$1,209$758$464$278$89
39 years$1,801$1,150$710$427$252$78
40 years$1,736$1,094$666$394$229$68
41 years$1,675$1,041$624$364$208$60
42 years$1,617$992$586$336$188$52
43 years$1,562$945$549$310$171$46
44 years$1,509$901$516$286$155$40
45 years$1,459$859$484$264$141$35
46 years$1,411$819$455$244$128$30
47 years$1,365$782$427$226$116$27
48 years$1,322$746$402$208$105$23
49 years$1,280$713$377$193$96$20
50 years$1,240$681$355$178$87$18

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 $3,945 every year, while hoping to spend $37,780 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: 59/14/27 Blend
44$1,270,000$1,270,000$1,270,000$1,270,000
45$1,403,609$1,336,299$1,316,614$1,475,933
46$1,506,580$1,361,580$1,320,523$1,551,054
47$1,618,787$1,386,834$1,323,297$1,628,588
48$1,741,133$1,412,019$1,324,857$1,712,368
49$1,874,612$1,437,090$1,325,123$1,803,012
50$2,020,315$1,462,001$1,324,008$1,901,198
51$2,179,447$1,486,699$1,321,421$2,007,677
52$2,353,332$1,511,128$1,317,270$2,123,275
53$2,543,427$1,535,229$1,311,454$2,248,904
54$2,751,339$1,558,938$1,303,871$2,385,570
55$2,978,836$1,582,185$1,294,410$2,534,381
56$3,227,863$1,604,898$1,282,959$2,696,561
57$3,500,564$1,626,998$1,269,397$2,873,458
58$3,799,300$1,648,399$1,253,600$3,066,561
59$4,126,669$1,669,011$1,235,437$3,277,509
60$4,485,536$1,688,739$1,214,770$3,508,111
61$4,879,052$1,707,478$1,191,456$3,760,362
62$5,310,690$1,725,120$1,165,345$4,036,463
63$5,784,276$1,741,546$1,136,279$4,338,838
64$6,304,022$1,756,632$1,104,094$4,670,165
65$6,874,569$1,770,244$1,068,619$5,033,391
66$7,501,029$1,782,240$1,029,672$5,431,771
67$8,189,035$1,792,470$987,066$5,868,891
68$8,944,787$1,800,772$940,604$6,348,705
69$9,775,122$1,806,976$890,080$6,875,575
70$10,687,567$1,810,900$835,280$7,454,310
71$11,690,415$1,812,351$775,979$8,090,210
72$12,792,805$1,811,124$711,941$8,789,121
73$14,004,802$1,807,000$642,922$9,557,488
74$15,337,498$1,799,749$568,666$10,402,417
75$16,803,111$1,789,125$488,905$11,331,742
76$18,415,104$1,774,868$403,359$12,354,099
77$20,188,309$1,756,701$311,737$13,479,012
78$22,139,070$1,734,333$213,733$14,716,977
79$24,285,393$1,707,453$109,031$16,079,569
80$26,647,117$1,675,732$0$17,579,545
81$29,246,102$1,638,822$0$19,231,751
82$32,106,434$1,596,354$0$21,084,484
83$35,254,653$1,547,938$0$23,123,498
84$38,720,001$1,493,160$0$25,367,744
85$42,534,700$1,431,584$0$27,838,106
86$46,734,253$1,362,746$0$30,557,601
87$51,357,784$1,286,157$0$33,551,592
88$56,448,398$1,201,299$0$36,848,029
89$62,053,597$1,107,625$0$40,477,714
90$68,225,721$1,004,555$0$44,474,594
91$75,022,446$891,480$0$48,876,076
92$82,507,324$767,751$0$53,723,386
93$90,750,386$632,686$0$59,061,954
94$99,828,801$485,563$0$64,941,847
95$109,827,603$325,620$0$71,418,241
96$120,840,495$152,052$0$78,551,938
97$132,970,733$0$0$86,409,948
98$146,332,097$0$0$95,071,661
99$161,049,967$0$0$104,638,704
100$177,262,509$0$0$115,177,482