Can I retire at age 45 with 1,290,000?

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 $1,290,000?

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$106,527$105,578$104,652$103,749$102,866$99,217
2 years$52,736$51,754$50,802$49,879$48,984$45,346
3 years$34,808$33,822$32,872$31,958$31,077$27,565
4 years$25,846$24,863$23,923$23,024$22,165$18,805
5 years$20,470$19,493$18,565$17,685$16,849$13,651
6 years$16,887$15,917$15,003$14,143$13,332$10,298
7 years$14,329$13,367$12,468$11,627$10,843$7,972
8 years$12,411$11,458$10,574$9,754$8,995$6,285
9 years$10,921$9,976$9,107$8,308$7,575$5,023
10 years$9,729$8,794$7,940$7,162$6,454$4,055
11 years$8,754$7,829$6,990$6,233$5,551$3,300
12 years$7,943$7,026$6,203$5,467$4,810$2,702
13 years$7,256$6,350$5,542$4,827$4,195$2,224
14 years$6,669$5,772$4,980$4,284$3,677$1,837
15 years$6,160$5,273$4,496$3,821$3,238$1,523
16 years$5,715$4,838$4,076$3,421$2,861$1,265
17 years$5,323$4,455$3,709$3,074$2,537$1,054
18 years$4,975$4,117$3,386$2,770$2,256$879
19 years$4,664$3,815$3,100$2,503$2,011$735
20 years$4,384$3,545$2,845$2,267$1,796$614
21 years$4,132$3,302$2,617$2,058$1,607$515
22 years$3,902$3,083$2,412$1,871$1,441$431
23 years$3,693$2,883$2,227$1,704$1,293$362
24 years$3,502$2,701$2,059$1,554$1,162$303
25 years$3,326$2,535$1,907$1,419$1,046$255
26 years$3,164$2,383$1,769$1,298$942$214
27 years$3,014$2,242$1,643$1,188$849$180
28 years$2,875$2,113$1,527$1,088$766$151
29 years$2,746$1,993$1,421$998$692$127
30 years$2,626$1,882$1,324$916$625$107
31 years$2,514$1,780$1,234$841$565$90
32 years$2,409$1,684$1,151$773$511$76
33 years$2,310$1,595$1,075$711$463$64
34 years$2,218$1,511$1,004$654$419$53
35 years$2,131$1,433$939$602$380$45
36 years$2,049$1,361$879$555$344$38
37 years$1,971$1,292$822$511$312$32
38 years$1,898$1,228$770$471$283$27
39 years$1,829$1,168$721$434$256$23
40 years$1,764$1,111$676$400$232$19
41 years$1,701$1,058$634$370$211$16
42 years$1,642$1,007$595$341$191$13
43 years$1,586$960$558$315$174$11
44 years$1,533$915$524$291$158$10
45 years$1,482$872$492$268$143$8
46 years$1,433$832$462$248$130$7
47 years$1,387$794$434$229$118$6
48 years$1,342$758$408$212$107$5
49 years$1,300$724$383$196$97$4
50 years$1,259$692$360$181$88$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,290,000, adding $4,109 every year, while hoping to spend $41,655 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: 67/27/6 Blend
44$1,290,000$1,290,000$1,290,000$1,290,000
45$1,425,818$1,357,448$1,337,453$1,519,790
46$1,526,931$1,379,643$1,337,938$1,604,821
47$1,636,962$1,401,529$1,337,042$1,692,320
48$1,756,775$1,423,047$1,334,676$1,786,851
49$1,887,324$1,444,134$1,330,745$1,889,094
50$2,029,656$1,464,722$1,325,151$1,999,796
51$2,184,926$1,484,738$1,317,788$2,119,783
52$2,354,404$1,504,105$1,308,549$2,249,963
53$2,539,486$1,522,740$1,297,319$2,391,339
54$2,741,712$1,540,552$1,283,977$2,545,013
55$2,962,776$1,557,449$1,268,400$2,712,203
56$3,204,543$1,573,327$1,250,455$2,894,248
57$3,469,066$1,588,080$1,230,005$3,092,625
58$3,758,607$1,601,593$1,206,907$3,308,964
59$4,075,656$1,613,741$1,181,009$3,545,058
60$4,422,954$1,624,396$1,152,154$3,802,885
61$4,803,521$1,633,418$1,120,177$4,084,626
62$5,220,684$1,640,658$1,084,906$4,392,682
63$5,678,103$1,645,960$1,046,160$4,729,704
64$6,179,814$1,649,157$1,003,751$5,098,611
65$6,730,260$1,650,070$957,482$5,502,621
66$7,334,335$1,648,512$907,145$5,945,281
67$7,997,429$1,644,281$852,527$6,430,501
68$8,725,481$1,637,165$793,401$6,962,593
69$9,525,032$1,626,938$729,532$7,546,308
70$10,403,289$1,613,361$660,674$8,186,883
71$11,368,188$1,596,180$586,571$8,890,091
72$12,428,476$1,575,126$506,954$9,662,297
73$13,593,787$1,549,913$421,543$10,510,516
74$14,874,733$1,520,239$330,045$11,442,482
75$16,283,010$1,485,784$232,155$12,466,718
76$17,831,498$1,446,210$127,554$13,592,621
77$19,534,393$1,401,156$15,909$14,830,548
78$21,407,331$1,350,243$0$16,191,917
79$23,467,543$1,293,068$0$17,695,922
80$25,734,011$1,229,207$0$19,351,342
81$28,227,652$1,158,210$0$21,172,475
82$30,971,510$1,079,600$0$23,176,199
83$33,990,978$992,874$0$25,381,122
84$37,314,033$897,500$0$27,807,749
85$40,971,503$792,916$0$30,478,682
86$44,997,355$678,528$0$33,418,832
87$49,429,017$553,708$0$36,655,657
88$54,307,730$417,793$0$40,219,418
89$59,678,935$270,081$0$44,143,468
90$65,592,706$109,834$0$48,464,569
91$72,104,216$0$0$53,223,237
92$79,274,264$0$0$58,483,062
93$87,169,842$0$0$64,311,162
94$95,864,771$0$0$70,729,407
95$105,440,397$0$0$77,797,856
96$115,986,356$0$0$85,582,689
97$127,601,420$0$0$94,156,833
98$140,394,431$0$0$103,600,648
99$154,485,325$0$0$114,002,687
100$170,006,267$0$0$125,460,529