Can I retire at age 45 with 1,280,000?

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 $1,280,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$105,701$104,760$103,841$102,944$102,069$98,058
2 years$52,327$51,353$50,408$49,493$48,604$44,612
3 years$34,538$33,560$32,618$31,710$30,837$26,989
4 years$25,646$24,670$23,737$22,846$21,993$18,320
5 years$20,311$19,341$18,421$17,548$16,719$13,229
6 years$16,756$15,794$14,887$14,033$13,229$9,925
7 years$14,218$13,264$12,371$11,537$10,759$7,639
8 years$12,315$11,369$10,492$9,678$8,925$5,987
9 years$10,836$9,899$9,036$8,244$7,516$4,755
10 years$9,653$8,726$7,878$7,106$6,404$3,815
11 years$8,686$7,768$6,936$6,185$5,508$3,084
12 years$7,881$6,972$6,155$5,425$4,773$2,509
13 years$7,200$6,301$5,499$4,789$4,162$2,050
14 years$6,617$5,727$4,941$4,251$3,649$1,682
15 years$6,112$5,232$4,461$3,791$3,212$1,384
16 years$5,671$4,800$4,045$3,395$2,839$1,142
17 years$5,282$4,421$3,681$3,050$2,517$944
18 years$4,936$4,085$3,360$2,749$2,238$782
19 years$4,628$3,786$3,076$2,484$1,995$648
20 years$4,350$3,518$2,823$2,250$1,782$538
21 years$4,100$3,277$2,596$2,042$1,595$447
22 years$3,872$3,059$2,393$1,856$1,429$372
23 years$3,664$2,861$2,210$1,691$1,283$309
24 years$3,475$2,680$2,043$1,542$1,153$258
25 years$3,300$2,515$1,893$1,408$1,038$215
26 years$3,139$2,364$1,755$1,288$935$179
27 years$2,991$2,225$1,630$1,179$843$149
28 years$2,853$2,097$1,515$1,080$761$124
29 years$2,725$1,978$1,410$990$687$104
30 years$2,606$1,868$1,313$909$621$86
31 years$2,494$1,766$1,225$835$561$72
32 years$2,390$1,671$1,142$767$507$60
33 years$2,292$1,582$1,067$705$459$50
34 years$2,201$1,500$997$649$416$42
35 years$2,114$1,422$932$597$377$35
36 years$2,033$1,350$872$550$341$29
37 years$1,956$1,282$816$507$309$24
38 years$1,884$1,219$764$467$280$20
39 years$1,815$1,159$716$431$254$17
40 years$1,750$1,102$671$397$231$14
41 years$1,688$1,049$629$367$209$12
42 years$1,630$999$590$338$190$10
43 years$1,574$952$554$312$172$8
44 years$1,521$908$520$288$156$7
45 years$1,470$866$488$266$142$6
46 years$1,422$826$458$246$129$5
47 years$1,376$788$431$227$117$4
48 years$1,332$752$405$210$106$3
49 years$1,290$718$380$194$97$3
50 years$1,250$686$358$179$88$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,280,000, adding $3,685 every year, while hoping to spend $27,447 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: 41/41/18 Blend
44$1,280,000$1,280,000$1,280,000$1,280,000
45$1,414,361$1,346,521$1,326,681$1,464,706
46$1,529,423$1,383,297$1,341,921$1,537,588
47$1,655,300$1,420,955$1,356,753$1,613,480
48$1,793,069$1,459,510$1,371,132$1,695,048
49$1,943,911$1,498,975$1,385,014$1,782,824
50$2,109,129$1,539,364$1,398,351$1,877,393
51$2,290,158$1,580,691$1,411,094$1,979,401
52$2,488,578$1,622,969$1,423,189$2,089,558
53$2,706,129$1,666,210$1,434,582$2,208,644
54$2,944,727$1,710,427$1,445,213$2,337,520
55$3,206,483$1,755,632$1,455,022$2,477,134
56$3,493,722$1,801,836$1,463,943$2,628,528
57$3,809,005$1,849,049$1,471,908$2,792,852
58$4,155,153$1,897,282$1,478,846$2,971,372
59$4,535,273$1,946,544$1,484,682$3,165,481
60$4,952,789$1,996,842$1,489,337$3,376,715
61$5,411,472$2,048,186$1,492,728$3,606,767
62$5,915,475$2,100,580$1,494,768$3,857,499
63$6,469,376$2,154,030$1,495,365$4,130,965
64$7,078,216$2,208,542$1,494,423$4,429,426
65$7,747,550$2,264,116$1,491,842$4,755,376
66$8,483,498$2,320,755$1,487,517$5,111,560
67$9,292,802$2,378,460$1,481,336$5,501,004
68$10,182,890$2,437,227$1,473,183$5,927,042
69$11,161,948$2,497,054$1,462,938$6,393,349
70$12,238,992$2,557,935$1,450,472$6,903,972
71$13,423,958$2,619,863$1,435,651$7,463,372
72$14,727,794$2,682,828$1,418,337$8,076,466
73$16,162,560$2,746,818$1,398,383$8,748,672
74$17,741,547$2,811,818$1,375,635$9,485,958
75$19,479,399$2,877,811$1,349,932$10,294,905
76$21,392,250$2,944,776$1,321,108$11,182,761
77$23,497,879$3,012,690$1,288,985$12,157,519
78$25,815,877$3,081,526$1,253,380$13,227,982
79$28,367,829$3,151,253$1,214,100$14,403,855
80$31,177,520$3,221,837$1,170,945$15,695,833
81$34,271,158$3,293,238$1,123,703$17,115,701
82$37,677,625$3,365,415$1,072,156$18,676,449
83$41,428,741$3,438,319$1,016,071$20,392,391
84$45,559,573$3,511,897$955,210$22,279,303
85$50,108,760$3,586,091$889,321$24,354,573
86$55,118,882$3,660,837$818,141$26,637,361
87$60,636,854$3,736,065$741,395$29,148,786
88$66,714,380$3,811,699$658,798$31,912,120
89$73,408,429$3,887,654$570,050$34,953,013
90$80,781,779$3,963,840$474,838$38,299,732
91$88,903,611$4,040,159$372,835$41,983,431
92$97,850,156$4,116,503$263,702$46,038,444
93$107,705,417$4,192,757$147,081$50,502,609
94$118,561,963$4,268,795$22,602$55,417,629
95$130,521,801$4,344,483$0$60,829,461
96$143,697,337$4,419,675$0$66,809,929
97$158,212,440$4,494,214$0$73,399,690
98$174,203,611$4,567,932$0$80,655,997
99$191,821,265$4,640,648$0$88,646,735
100$211,231,161$4,712,166$0$97,446,712