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

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$108,179$107,215$106,275$105,357$104,461$103,846
2 years$53,554$52,556$51,590$50,653$49,743$49,123
3 years$35,348$34,346$33,382$32,454$31,559$30,953
4 years$26,247$25,248$24,294$23,381$22,508$21,920
5 years$20,787$19,795$18,853$17,959$17,110$16,543
6 years$17,149$16,164$15,236$14,362$13,539$12,992
7 years$14,551$13,574$12,661$11,808$11,011$10,485
8 years$12,604$11,636$10,738$9,905$9,135$8,630
9 years$11,090$10,131$9,248$8,437$7,693$7,209
10 years$9,880$8,930$8,063$7,273$6,554$6,092
11 years$8,890$7,950$7,098$6,329$5,637$5,195
12 years$8,066$7,135$6,300$5,552$4,885$4,463
13 years$7,369$6,448$5,628$4,901$4,260$3,857
14 years$6,772$5,861$5,057$4,351$3,734$3,351
15 years$6,255$5,354$4,566$3,880$3,288$2,923
16 years$5,804$4,913$4,140$3,474$2,906$2,559
17 years$5,406$4,524$3,767$3,122$2,576$2,248
18 years$5,052$4,181$3,439$2,813$2,291$1,979
19 years$4,736$3,875$3,148$2,542$2,042$1,747
20 years$4,452$3,600$2,889$2,302$1,824$1,545
21 years$4,196$3,354$2,657$2,089$1,632$1,368
22 years$3,963$3,131$2,449$1,900$1,463$1,214
23 years$3,750$2,928$2,261$1,730$1,313$1,078
24 years$3,556$2,743$2,091$1,578$1,180$959
25 years$3,377$2,574$1,937$1,441$1,062$854
26 years$3,213$2,420$1,797$1,318$957$761
27 years$3,061$2,277$1,668$1,206$863$679
28 years$2,920$2,146$1,551$1,105$778$606
29 years$2,789$2,024$1,443$1,013$703$541
30 years$2,667$1,912$1,344$930$635$483
31 years$2,553$1,807$1,253$854$574$432
32 years$2,446$1,710$1,169$785$519$386
33 years$2,346$1,619$1,092$722$470$346
34 years$2,252$1,535$1,020$664$426$309
35 years$2,164$1,456$954$611$385$277
36 years$2,081$1,382$892$563$349$248
37 years$2,002$1,312$835$519$317$222
38 years$1,928$1,247$782$478$287$199
39 years$1,858$1,186$733$441$260$178
40 years$1,791$1,128$687$407$236$160
41 years$1,728$1,074$644$375$214$143
42 years$1,668$1,023$604$346$194$128
43 years$1,611$975$567$320$176$115
44 years$1,556$929$532$295$160$103
45 years$1,505$886$500$273$145$93
46 years$1,455$845$469$252$132$83
47 years$1,408$806$441$233$120$75
48 years$1,363$770$414$215$109$67
49 years$1,320$735$389$199$99$60
50 years$1,279$702$366$184$90$54

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 $3,022 every year, while hoping to spend $52,271 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: 46/43/11 Blend
44$1,310,000$1,310,000$1,310,000$1,310,000
45$1,446,737$1,377,307$1,357,002$1,508,689
46$1,538,688$1,389,179$1,346,846$1,563,711
47$1,638,267$1,399,881$1,334,597$1,617,750
48$1,746,195$1,409,301$1,320,131$1,675,195
49$1,863,268$1,417,317$1,303,317$1,736,380
50$1,990,360$1,423,804$1,284,016$1,801,675
51$2,128,431$1,428,626$1,262,086$1,871,490
52$2,278,541$1,431,638$1,237,375$1,946,279
53$2,441,851$1,432,687$1,209,726$2,026,546
54$2,619,642$1,431,611$1,178,974$2,112,846
55$2,813,323$1,428,237$1,144,947$2,205,798
56$3,024,443$1,422,382$1,107,464$2,306,082
57$3,254,708$1,413,851$1,066,336$2,414,456
58$3,505,997$1,402,437$1,021,367$2,531,755
59$3,780,375$1,387,923$972,349$2,658,905
60$4,080,117$1,370,076$919,067$2,796,931
61$4,407,729$1,348,650$861,296$2,946,965
62$4,765,968$1,323,384$798,799$3,110,262
63$5,157,870$1,294,002$731,332$3,288,208
64$5,586,777$1,260,213$658,636$3,482,337
65$6,056,371$1,221,707$580,444$3,694,344
66$6,570,706$1,178,155$496,473$3,926,106
67$7,134,245$1,129,212$406,433$4,179,696
68$7,751,905$1,074,511$310,015$4,457,406
69$8,429,101$1,013,663$206,902$4,761,769
70$9,171,795$946,258$96,759$5,095,586
71$9,986,556$871,863$0$5,461,951
72$10,880,619$790,018$0$5,866,724
73$11,861,952$700,239$0$6,323,520
74$12,939,334$602,014$0$6,825,190
75$14,122,434$494,800$0$7,376,391
76$15,421,904$378,027$0$7,982,264
77$16,849,478$251,090$0$8,648,485
78$18,418,082$113,350$0$9,381,320
79$20,141,957$0$0$10,187,682
80$22,036,792$0$0$11,092,173
81$24,119,872$0$0$12,145,649
82$26,410,239$0$0$13,304,124
83$28,928,872$0$0$14,578,231
84$31,698,888$0$0$15,979,686
85$34,745,751$0$0$17,521,395
86$38,097,522$0$0$19,217,579
87$41,785,117$0$0$21,083,908
88$45,842,598$0$0$23,137,646
89$50,307,498$0$0$25,397,815
90$55,221,169$0$0$27,885,375
91$60,629,178$0$0$30,623,421
92$66,581,730$0$0$33,637,401
93$73,134,146$0$0$36,955,354
94$80,347,382$0$0$40,608,177
95$88,288,606$0$0$44,629,914
96$97,031,826$0$0$49,058,079
97$106,658,596$0$0$53,934,009
98$117,258,776$0$0$59,303,251
99$128,931,385$0$0$65,215,997
100$141,785,536$0$0$71,727,553