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%16.3%
1 years$104,875$103,941$103,030$102,140$101,272$98,663
2 years$51,919$50,952$50,014$49,106$48,225$45,614
3 years$34,269$33,297$32,363$31,463$30,596$28,065
4 years$25,445$24,477$23,552$22,667$21,821$19,389
5 years$20,153$19,190$18,277$17,410$16,588$14,262
6 years$16,625$15,670$14,771$13,923$13,126$10,907
7 years$14,107$13,160$12,274$11,447$10,675$8,564
8 years$12,219$11,281$10,410$9,603$8,856$6,853
9 years$10,751$9,822$8,966$8,179$7,458$5,560
10 years$9,578$8,657$7,817$7,051$6,354$4,560
11 years$8,618$7,707$6,882$6,136$5,465$3,771
12 years$7,819$6,918$6,107$5,382$4,736$3,139
13 years$7,144$6,251$5,456$4,752$4,130$2,627
14 years$6,565$5,682$4,903$4,218$3,620$2,209
15 years$6,064$5,191$4,426$3,762$3,187$1,863
16 years$5,627$4,763$4,013$3,368$2,817$1,576
17 years$5,241$4,386$3,652$3,026$2,498$1,337
18 years$4,898$4,053$3,334$2,727$2,221$1,136
19 years$4,592$3,756$3,052$2,464$1,980$968
20 years$4,316$3,491$2,801$2,232$1,768$825
21 years$4,068$3,251$2,576$2,026$1,582$704
22 years$3,842$3,035$2,374$1,842$1,418$602
23 years$3,636$2,839$2,192$1,677$1,273$515
24 years$3,447$2,660$2,028$1,530$1,144$441
25 years$3,274$2,496$1,878$1,397$1,030$378
26 years$3,115$2,346$1,742$1,277$928$324
27 years$2,967$2,208$1,617$1,169$836$277
28 years$2,831$2,080$1,503$1,071$755$238
29 years$2,704$1,962$1,399$982$681$204
30 years$2,585$1,853$1,303$902$616$175
31 years$2,475$1,752$1,215$828$557$150
32 years$2,371$1,658$1,134$761$503$129
33 years$2,274$1,570$1,058$700$456$111
34 years$2,183$1,488$989$644$413$95
35 years$2,098$1,411$925$593$374$82
36 years$2,017$1,339$865$546$339$70
37 years$1,941$1,272$810$503$307$60
38 years$1,869$1,209$758$464$278$52
39 years$1,801$1,150$710$427$252$45
40 years$1,736$1,094$666$394$229$38
41 years$1,675$1,041$624$364$208$33
42 years$1,617$992$586$336$188$28
43 years$1,562$945$549$310$171$24
44 years$1,509$901$516$286$155$21
45 years$1,459$859$484$264$141$18
46 years$1,411$819$455$244$128$15
47 years$1,365$782$427$226$116$13
48 years$1,322$746$402$208$105$11
49 years$1,280$713$377$193$96$10
50 years$1,240$681$355$178$87$8

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 $5,471 every year, while hoping to spend $58,639 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: 38/33/29 Blend
44$1,270,000$1,270,000$1,270,000$1,270,000
45$1,405,183$1,337,873$1,318,188$1,446,282
46$1,486,121$1,341,038$1,299,956$1,480,205
47$1,573,348$1,342,392$1,279,148$1,511,091
48$1,667,446$1,341,785$1,255,615$1,543,363
49$1,769,050$1,339,057$1,229,203$1,577,186
50$1,878,861$1,334,039$1,199,750$1,612,745
51$1,997,648$1,326,550$1,167,084$1,650,249
52$2,126,256$1,316,399$1,131,030$1,689,934
53$2,265,615$1,303,383$1,091,400$1,732,061
54$2,416,746$1,287,288$1,048,001$1,776,928
55$2,580,775$1,267,885$1,000,629$1,824,864
56$2,758,936$1,244,933$949,072$1,876,241
57$2,952,589$1,218,177$893,108$1,931,473
58$3,163,231$1,187,346$832,505$1,991,024
59$3,392,507$1,152,152$767,020$2,055,410
60$3,642,227$1,112,292$696,400$2,125,209
61$3,914,385$1,067,445$620,380$2,201,065
62$4,211,174$1,017,272$538,684$2,283,697
63$4,535,007$961,411$451,024$2,373,903
64$4,888,542$899,484$357,097$2,472,576
65$5,274,702$831,088$256,588$2,580,706
66$5,696,708$755,798$149,170$2,699,396
67$6,158,104$673,163$34,499$2,829,872
68$6,662,792$582,711$0$2,973,498
69$7,215,071$483,937$0$3,158,977
70$7,819,672$376,313$0$3,373,961
71$8,481,804$259,279$0$3,609,749
72$9,207,207$132,242$0$3,868,539
73$10,002,199$0$0$4,152,760
74$10,873,739$0$0$4,467,066
75$11,829,493$0$0$4,864,575
76$12,877,903$0$0$5,300,800
77$14,028,268$0$0$5,779,630
78$15,290,829$0$0$6,305,352
79$16,676,870$0$0$6,882,689
80$18,198,818$0$0$7,516,841
81$19,870,362$0$0$8,213,538
82$21,706,586$0$0$8,979,092
83$23,724,101$0$0$9,820,458
84$25,941,212$0$0$10,745,297
85$28,378,081$0$0$11,762,048
86$31,056,924$0$0$12,880,011
87$34,002,213$0$0$14,109,431
88$37,240,912$0$0$15,461,594
89$40,802,728$0$0$16,948,938
90$44,720,392$0$0$18,585,164
91$49,029,965$0$0$20,385,370
92$53,771,179$0$0$22,366,188
93$58,987,812$0$0$24,545,948
94$64,728,099$0$0$26,944,843
95$71,045,186$0$0$29,585,125
96$77,997,633$0$0$32,491,310
97$85,649,964$0$0$35,690,414
98$94,073,274$0$0$39,212,204
99$103,345,903$0$0$43,089,480
100$113,554,170$0$0$47,358,383