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

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 $1,280,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$105,701$104,760$103,841$102,944$102,069$98,447
2 years$52,327$51,353$50,408$49,493$48,604$44,994
3 years$34,538$33,560$32,618$31,710$30,837$27,352
4 years$25,646$24,670$23,737$22,846$21,993$18,659
5 years$20,311$19,341$18,421$17,548$16,719$13,545
6 years$16,756$15,794$14,887$14,033$13,229$10,218
7 years$14,218$13,264$12,371$11,537$10,759$7,910
8 years$12,315$11,369$10,492$9,678$8,925$6,237
9 years$10,836$9,899$9,036$8,244$7,516$4,984
10 years$9,653$8,726$7,878$7,106$6,404$4,024
11 years$8,686$7,768$6,936$6,185$5,508$3,274
12 years$7,881$6,972$6,155$5,425$4,773$2,681
13 years$7,200$6,301$5,499$4,789$4,162$2,206
14 years$6,617$5,727$4,941$4,251$3,649$1,823
15 years$6,112$5,232$4,461$3,791$3,212$1,511
16 years$5,671$4,800$4,045$3,395$2,839$1,255
17 years$5,282$4,421$3,681$3,050$2,517$1,046
18 years$4,936$4,085$3,360$2,749$2,238$872
19 years$4,628$3,786$3,076$2,484$1,995$729
20 years$4,350$3,518$2,823$2,250$1,782$610
21 years$4,100$3,277$2,596$2,042$1,595$511
22 years$3,872$3,059$2,393$1,856$1,429$428
23 years$3,664$2,861$2,210$1,691$1,283$359
24 years$3,475$2,680$2,043$1,542$1,153$301
25 years$3,300$2,515$1,893$1,408$1,038$253
26 years$3,139$2,364$1,755$1,288$935$212
27 years$2,991$2,225$1,630$1,179$843$178
28 years$2,853$2,097$1,515$1,080$761$150
29 years$2,725$1,978$1,410$990$687$126
30 years$2,606$1,868$1,313$909$621$106
31 years$2,494$1,766$1,225$835$561$89
32 years$2,390$1,671$1,142$767$507$75
33 years$2,292$1,582$1,067$705$459$63
34 years$2,201$1,500$997$649$416$53
35 years$2,114$1,422$932$597$377$45
36 years$2,033$1,350$872$550$341$38
37 years$1,956$1,282$816$507$309$32
38 years$1,884$1,219$764$467$280$27
39 years$1,815$1,159$716$431$254$22
40 years$1,750$1,102$671$397$231$19
41 years$1,688$1,049$629$367$209$16
42 years$1,630$999$590$338$190$13
43 years$1,574$952$554$312$172$11
44 years$1,521$908$520$288$156$9
45 years$1,470$866$488$266$142$8
46 years$1,422$826$458$246$129$7
47 years$1,376$788$431$227$117$6
48 years$1,332$752$405$210$106$5
49 years$1,290$718$380$194$97$4
50 years$1,250$686$358$179$88$3

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 $5,795 every year, while hoping to spend $46,827 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: 35/46/19 Blend
44$1,280,000$1,280,000$1,280,000$1,280,000
45$1,416,538$1,348,698$1,328,858$1,457,714
46$1,511,201$1,364,960$1,323,551$1,504,636
47$1,613,950$1,380,450$1,316,497$1,550,457
48$1,725,561$1,395,080$1,307,587$1,598,920
49$1,846,887$1,408,758$1,296,710$1,650,287
50$1,978,865$1,421,382$1,283,745$1,704,849
51$2,122,528$1,432,849$1,268,570$1,762,928
52$2,279,013$1,443,045$1,251,053$1,824,882
53$2,449,568$1,451,850$1,231,059$1,891,110
54$2,635,570$1,459,137$1,208,446$1,962,053
55$2,838,532$1,464,769$1,183,063$2,038,199
56$3,060,122$1,468,602$1,154,756$2,120,091
57$3,302,174$1,470,484$1,123,360$2,208,332
58$3,566,708$1,470,249$1,088,704$2,303,587
59$3,855,947$1,467,727$1,050,611$2,406,596
60$4,172,340$1,462,732$1,008,893$2,518,178
61$4,518,582$1,455,069$963,354$2,639,241
62$4,897,642$1,444,532$913,791$2,770,788
63$5,312,788$1,430,900$859,989$2,913,934
64$5,767,620$1,413,942$801,726$3,069,911
65$6,266,102$1,393,410$738,769$3,240,082
66$6,812,600$1,369,042$670,873$3,425,959
67$7,411,922$1,340,563$597,785$3,629,211
68$8,069,366$1,307,677$519,238$3,851,689
69$8,790,763$1,270,075$434,954$4,095,438
70$9,582,540$1,227,428$344,644$4,362,721
71$10,451,774$1,179,387$248,005$4,656,040
72$11,406,263$1,125,585$144,721$4,978,163
73$12,454,594$1,065,631$34,461$5,332,150
74$13,606,229$999,113$0$5,721,384
75$14,871,591$925,596$0$6,166,473
76$16,262,161$844,619$0$6,663,233
77$17,790,591$755,694$0$7,209,314
78$19,470,815$658,308$0$7,809,843
79$21,318,189$551,915$0$8,470,478
80$23,349,627$435,941$0$9,197,466
81$25,583,766$309,780$0$9,997,702
82$28,041,141$172,790$0$10,878,796
83$30,744,375$24,294$0$11,849,147
84$33,718,394$0$0$12,918,022
85$36,990,663$0$0$14,164,706
86$40,591,443$0$0$15,550,295
87$44,554,076$0$0$17,075,349
88$48,915,300$0$0$18,754,035
89$53,715,595$0$0$20,601,962
90$58,999,565$0$0$22,636,331
91$64,816,356$0$0$24,876,094
92$71,220,124$0$0$27,342,134
93$78,270,540$0$0$30,057,464
94$86,033,356$0$0$33,047,441
95$94,581,024$0$0$36,340,004
96$103,993,382$0$0$39,965,944
97$114,358,400$0$0$43,959,186
98$125,773,017$0$0$48,357,115
99$138,344,052$0$0$53,200,927
100$152,189,212$0$0$58,536,016