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%19.7%
1 years$105,701$104,760$103,841$102,944$102,069$98,097
2 years$52,327$51,353$50,408$49,493$48,604$44,650
3 years$34,538$33,560$32,618$31,710$30,837$27,025
4 years$25,646$24,670$23,737$22,846$21,993$18,353
5 years$20,311$19,341$18,421$17,548$16,719$13,260
6 years$16,756$15,794$14,887$14,033$13,229$9,954
7 years$14,218$13,264$12,371$11,537$10,759$7,666
8 years$12,315$11,369$10,492$9,678$8,925$6,012
9 years$10,836$9,899$9,036$8,244$7,516$4,778
10 years$9,653$8,726$7,878$7,106$6,404$3,835
11 years$8,686$7,768$6,936$6,185$5,508$3,103
12 years$7,881$6,972$6,155$5,425$4,773$2,525
13 years$7,200$6,301$5,499$4,789$4,162$2,065
14 years$6,617$5,727$4,941$4,251$3,649$1,696
15 years$6,112$5,232$4,461$3,791$3,212$1,396
16 years$5,671$4,800$4,045$3,395$2,839$1,153
17 years$5,282$4,421$3,681$3,050$2,517$954
18 years$4,936$4,085$3,360$2,749$2,238$790
19 years$4,628$3,786$3,076$2,484$1,995$656
20 years$4,350$3,518$2,823$2,250$1,782$545
21 years$4,100$3,277$2,596$2,042$1,595$453
22 years$3,872$3,059$2,393$1,856$1,429$377
23 years$3,664$2,861$2,210$1,691$1,283$314
24 years$3,475$2,680$2,043$1,542$1,153$262
25 years$3,300$2,515$1,893$1,408$1,038$218
26 years$3,139$2,364$1,755$1,288$935$182
27 years$2,991$2,225$1,630$1,179$843$152
28 years$2,853$2,097$1,515$1,080$761$127
29 years$2,725$1,978$1,410$990$687$106
30 years$2,606$1,868$1,313$909$621$88
31 years$2,494$1,766$1,225$835$561$74
32 years$2,390$1,671$1,142$767$507$61
33 years$2,292$1,582$1,067$705$459$51
34 years$2,201$1,500$997$649$416$43
35 years$2,114$1,422$932$597$377$36
36 years$2,033$1,350$872$550$341$30
37 years$1,956$1,282$816$507$309$25
38 years$1,884$1,219$764$467$280$21
39 years$1,815$1,159$716$431$254$17
40 years$1,750$1,102$671$397$231$15
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 $3,174 every year, while hoping to spend $25,328 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: 68/23/9 Blend
44$1,280,000$1,280,000$1,280,000$1,280,000
45$1,413,834$1,345,994$1,326,154$1,507,297
46$1,531,096$1,384,999$1,343,631$1,608,733
47$1,659,470$1,425,066$1,360,845$1,716,271
48$1,800,063$1,466,221$1,377,760$1,833,201
49$1,954,093$1,508,489$1,394,339$1,960,441
50$2,122,902$1,551,897$1,410,541$2,098,998
51$2,307,969$1,596,471$1,426,325$2,249,982
52$2,510,922$1,642,238$1,441,646$2,414,617
53$2,733,553$1,689,224$1,456,458$2,594,247
54$2,977,837$1,737,459$1,470,712$2,790,356
55$3,245,951$1,786,968$1,484,355$3,004,575
56$3,540,290$1,837,782$1,497,333$3,238,702
57$3,863,494$1,889,928$1,509,589$3,494,716
58$4,218,471$1,943,435$1,521,061$3,774,798
59$4,608,424$1,998,332$1,531,685$4,081,350
60$5,036,882$2,054,649$1,541,395$4,417,016
61$5,507,732$2,112,415$1,550,120$4,784,710
62$6,025,257$2,171,660$1,557,785$5,187,643
63$6,594,176$2,232,413$1,564,313$5,629,349
64$7,219,685$2,294,705$1,569,621$6,113,725
65$7,907,514$2,358,566$1,573,624$6,645,060
66$8,663,970$2,424,026$1,576,231$7,228,082
67$9,496,007$2,491,115$1,577,346$7,867,999
68$10,411,283$2,559,863$1,576,870$8,570,549
69$11,418,237$2,630,300$1,574,699$9,342,054
70$12,526,169$2,702,456$1,570,723$10,189,478
71$13,745,323$2,776,361$1,564,827$11,120,495
72$15,086,987$2,852,044$1,556,890$12,143,560
73$16,563,600$2,929,534$1,546,786$13,267,990
74$18,188,866$3,008,860$1,534,382$14,504,049
75$19,977,887$3,090,051$1,519,540$15,863,047
76$21,947,300$3,173,132$1,502,114$17,357,445
77$24,115,442$3,258,133$1,481,952$19,000,976
78$26,502,513$3,345,078$1,458,893$20,808,770
79$29,130,776$3,433,993$1,432,773$22,797,500
80$32,024,759$3,524,903$1,403,415$24,985,536
81$35,211,492$3,617,830$1,370,637$27,393,122
82$38,720,758$3,712,798$1,334,247$30,042,564
83$42,585,377$3,809,826$1,294,046$32,958,442
84$46,841,513$3,908,935$1,249,823$36,167,842
85$51,529,015$4,010,141$1,201,361$39,700,610
86$56,691,798$4,113,461$1,148,429$43,589,635
87$62,378,249$4,218,909$1,090,790$47,871,160
88$68,641,691$4,326,495$1,028,191$52,585,121
89$75,540,881$4,436,231$960,373$57,775,527
90$83,140,567$4,548,123$887,062$63,490,874
91$91,512,098$4,662,174$807,972$69,784,604
92$100,734,099$4,778,387$722,805$76,715,605
93$110,893,207$4,896,759$631,250$84,348,774
94$122,084,899$5,017,284$532,981$92,755,623
95$134,414,381$5,139,953$427,658$102,014,959
96$147,997,590$5,264,753$314,927$112,213,622
97$162,962,284$5,391,666$194,417$123,447,311
98$179,449,248$5,520,669$65,742$135,821,484
99$197,613,625$5,651,735$0$149,452,353
100$217,626,375$5,784,831$0$164,474,859