Can I retire at age 45 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$108,179$107,215$106,275$105,357$104,461$102,604
2 years$53,554$52,556$51,590$50,653$49,743$47,879
3 years$35,348$34,346$33,382$32,454$31,559$29,745
4 years$26,247$25,248$24,294$23,381$22,508$20,759
5 years$20,787$19,795$18,853$17,959$17,110$15,430
6 years$17,149$16,164$15,236$14,362$13,539$11,930
7 years$14,551$13,574$12,661$11,808$11,011$9,474
8 years$12,604$11,636$10,738$9,905$9,135$7,669
9 years$11,090$10,131$9,248$8,437$7,693$6,298
10 years$9,880$8,930$8,063$7,273$6,554$5,229
11 years$8,890$7,950$7,098$6,329$5,637$4,380
12 years$8,066$7,135$6,300$5,552$4,885$3,694
13 years$7,369$6,448$5,628$4,901$4,260$3,133
14 years$6,772$5,861$5,057$4,351$3,734$2,670
15 years$6,255$5,354$4,566$3,880$3,288$2,284
16 years$5,804$4,913$4,140$3,474$2,906$1,960
17 years$5,406$4,524$3,767$3,122$2,576$1,686
18 years$5,052$4,181$3,439$2,813$2,291$1,455
19 years$4,736$3,875$3,148$2,542$2,042$1,257
20 years$4,452$3,600$2,889$2,302$1,824$1,088
21 years$4,196$3,354$2,657$2,089$1,632$943
22 years$3,963$3,131$2,449$1,900$1,463$819
23 years$3,750$2,928$2,261$1,730$1,313$711
24 years$3,556$2,743$2,091$1,578$1,180$618
25 years$3,377$2,574$1,937$1,441$1,062$538
26 years$3,213$2,420$1,797$1,318$957$469
27 years$3,061$2,277$1,668$1,206$863$408
28 years$2,920$2,146$1,551$1,105$778$356
29 years$2,789$2,024$1,443$1,013$703$311
30 years$2,667$1,912$1,344$930$635$271
31 years$2,553$1,807$1,253$854$574$237
32 years$2,446$1,710$1,169$785$519$207
33 years$2,346$1,619$1,092$722$470$180
34 years$2,252$1,535$1,020$664$426$158
35 years$2,164$1,456$954$611$385$138
36 years$2,081$1,382$892$563$349$120
37 years$2,002$1,312$835$519$317$105
38 years$1,928$1,247$782$478$287$92
39 years$1,858$1,186$733$441$260$80
40 years$1,791$1,128$687$407$236$70
41 years$1,728$1,074$644$375$214$61
42 years$1,668$1,023$604$346$194$54
43 years$1,611$975$567$320$176$47
44 years$1,556$929$532$295$160$41
45 years$1,505$886$500$273$145$36
46 years$1,455$845$469$252$132$31
47 years$1,408$806$441$233$120$27
48 years$1,363$770$414$215$109$24
49 years$1,320$735$389$199$99$21
50 years$1,279$702$366$184$90$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,310,000, adding $5,326 every year, while hoping to spend $26,413 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: 40/48/12 Blend
44$1,310,000$1,310,000$1,310,000$1,310,000
45$1,449,114$1,379,684$1,359,379$1,501,682
46$1,568,820$1,419,185$1,376,815$1,578,797
47$1,699,851$1,459,737$1,393,950$1,659,160
48$1,843,335$1,501,362$1,410,745$1,745,512
49$2,000,511$1,544,085$1,427,162$1,838,408
50$2,172,748$1,587,930$1,443,157$1,938,457
51$2,361,551$1,632,922$1,458,685$2,046,329
52$2,568,578$1,679,084$1,473,700$2,162,763
53$2,795,656$1,726,442$1,488,152$2,288,570
54$3,044,796$1,775,020$1,501,987$2,424,642
55$3,318,213$1,824,844$1,515,152$2,571,962
56$3,618,349$1,875,940$1,527,588$2,731,612
57$3,947,891$1,928,332$1,539,233$2,904,781
58$4,309,802$1,982,046$1,550,023$3,092,781
59$4,707,343$2,037,107$1,559,890$3,297,053
60$5,144,109$2,093,542$1,568,763$3,519,186
61$5,624,057$2,151,375$1,576,566$3,760,929
62$6,151,551$2,210,633$1,583,221$4,024,207
63$6,731,396$2,271,340$1,588,645$4,311,142
64$7,368,885$2,333,522$1,592,751$4,624,069
65$8,069,850$2,397,204$1,595,448$4,965,559
66$8,840,718$2,462,410$1,596,638$5,338,448
67$9,688,569$2,529,165$1,596,223$5,745,854
68$10,621,202$2,597,494$1,594,096$6,191,216
69$11,647,213$2,667,419$1,590,146$6,678,320
70$12,776,070$2,738,964$1,584,258$7,211,337
71$14,018,207$2,812,151$1,576,308$7,794,864
72$15,385,120$2,887,002$1,566,170$8,433,962
73$16,889,475$2,963,539$1,553,710$9,134,210
74$18,545,229$3,041,780$1,538,787$9,901,751
75$20,367,761$3,121,745$1,521,255$10,743,357
76$22,374,015$3,203,453$1,500,959$11,666,487
77$24,582,662$3,286,919$1,477,738$12,679,359
78$27,014,275$3,372,160$1,451,425$13,791,030
79$29,691,525$3,459,190$1,421,841$15,011,477
80$32,639,391$3,548,021$1,388,803$16,351,695
81$35,885,398$3,638,663$1,352,117$17,823,799
82$39,459,877$3,731,126$1,311,581$19,441,138
83$43,396,249$3,825,415$1,266,984$21,218,422
84$47,731,342$3,921,536$1,218,103$23,171,858
85$52,505,738$4,019,490$1,164,709$25,319,308
86$57,764,155$4,119,277$1,106,558$27,680,453
87$63,555,869$4,220,892$1,043,398$30,276,983
88$69,935,181$4,324,329$974,966$33,132,795
89$76,961,926$4,429,578$900,984$36,274,226
90$84,702,040$4,536,625$821,164$39,730,299
91$93,228,181$4,645,452$735,206$43,532,995
92$102,620,414$4,756,038$642,793$47,717,556
93$112,966,967$4,868,355$543,598$52,322,821
94$124,365,066$4,982,373$437,277$57,391,587
95$136,921,849$5,098,055$323,472$62,971,019
96$150,755,377$5,215,359$201,807$69,113,091
97$165,995,751$5,334,237$71,894$75,875,079
98$182,786,338$5,454,635$0$83,320,101
99$201,285,124$5,576,492$0$91,526,261
100$221,666,205$5,699,739$0$100,572,044