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%11.3%
1 years$108,179$107,215$106,275$105,357$104,461$103,890
2 years$53,554$52,556$51,590$50,653$49,743$49,167
3 years$35,348$34,346$33,382$32,454$31,559$30,996
4 years$26,247$25,248$24,294$23,381$22,508$21,962
5 years$20,787$19,795$18,853$17,959$17,110$16,582
6 years$17,149$16,164$15,236$14,362$13,539$13,030
7 years$14,551$13,574$12,661$11,808$11,011$10,522
8 years$12,604$11,636$10,738$9,905$9,135$8,665
9 years$11,090$10,131$9,248$8,437$7,693$7,242
10 years$9,880$8,930$8,063$7,273$6,554$6,124
11 years$8,890$7,950$7,098$6,329$5,637$5,225
12 years$8,066$7,135$6,300$5,552$4,885$4,492
13 years$7,369$6,448$5,628$4,901$4,260$3,885
14 years$6,772$5,861$5,057$4,351$3,734$3,377
15 years$6,255$5,354$4,566$3,880$3,288$2,948
16 years$5,804$4,913$4,140$3,474$2,906$2,583
17 years$5,406$4,524$3,767$3,122$2,576$2,270
18 years$5,052$4,181$3,439$2,813$2,291$2,000
19 years$4,736$3,875$3,148$2,542$2,042$1,767
20 years$4,452$3,600$2,889$2,302$1,824$1,563
21 years$4,196$3,354$2,657$2,089$1,632$1,386
22 years$3,963$3,131$2,449$1,900$1,463$1,230
23 years$3,750$2,928$2,261$1,730$1,313$1,094
24 years$3,556$2,743$2,091$1,578$1,180$974
25 years$3,377$2,574$1,937$1,441$1,062$867
26 years$3,213$2,420$1,797$1,318$957$774
27 years$3,061$2,277$1,668$1,206$863$690
28 years$2,920$2,146$1,551$1,105$778$617
29 years$2,789$2,024$1,443$1,013$703$551
30 years$2,667$1,912$1,344$930$635$493
31 years$2,553$1,807$1,253$854$574$441
32 years$2,446$1,710$1,169$785$519$395
33 years$2,346$1,619$1,092$722$470$353
34 years$2,252$1,535$1,020$664$426$316
35 years$2,164$1,456$954$611$385$284
36 years$2,081$1,382$892$563$349$254
37 years$2,002$1,312$835$519$317$228
38 years$1,928$1,247$782$478$287$204
39 years$1,858$1,186$733$441$260$183
40 years$1,791$1,128$687$407$236$164
41 years$1,728$1,074$644$375$214$147
42 years$1,668$1,023$604$346$194$132
43 years$1,611$975$567$320$176$119
44 years$1,556$929$532$295$160$107
45 years$1,505$886$500$273$145$96
46 years$1,455$845$469$252$132$86
47 years$1,408$806$441$233$120$77
48 years$1,363$770$414$215$109$69
49 years$1,320$735$389$199$99$62
50 years$1,279$702$366$184$90$56

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 $6,935 every year, while hoping to spend $44,149 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: 64/29/7 Blend
44$1,310,000$1,310,000$1,310,000$1,310,000
45$1,450,773$1,381,343$1,361,038$1,541,299
46$1,551,778$1,402,055$1,359,659$1,623,166
47$1,661,606$1,422,302$1,356,754$1,706,695
48$1,781,109$1,442,015$1,352,225$1,796,773
49$1,911,228$1,461,119$1,345,970$1,894,031
50$2,052,995$1,479,535$1,337,881$1,999,166
51$2,207,546$1,497,179$1,327,847$2,112,947
52$2,376,135$1,513,959$1,315,748$2,236,220
53$2,560,136$1,529,779$1,301,462$2,369,917
54$2,761,068$1,544,536$1,284,858$2,515,069
55$2,980,598$1,558,119$1,265,802$2,672,808
56$3,220,564$1,570,412$1,244,152$2,844,385
57$3,482,990$1,581,290$1,219,759$3,031,178
58$3,770,101$1,590,619$1,192,467$3,234,705
59$4,084,350$1,598,259$1,162,114$3,456,643
60$4,428,439$1,604,059$1,128,529$3,698,838
61$4,805,340$1,607,858$1,091,536$3,963,325
62$5,218,329$1,609,488$1,050,947$4,252,350
63$5,671,013$1,608,767$1,006,567$4,568,388
64$6,167,364$1,605,503$958,195$4,914,167
65$6,711,756$1,599,494$905,615$5,292,696
66$7,309,009$1,590,523$848,607$5,707,291
67$7,964,430$1,578,361$786,938$6,161,611
68$8,683,866$1,562,765$720,365$6,659,686
69$9,473,757$1,543,478$648,634$7,205,963
70$10,341,198$1,520,225$571,480$7,805,344
71$11,294,002$1,492,719$488,627$8,463,231
72$12,340,780$1,460,651$399,785$9,185,583
73$13,491,015$1,423,699$304,654$9,978,968
74$14,755,155$1,381,517$202,916$10,850,628
75$16,144,712$1,333,741$94,244$11,808,547
76$17,672,366$1,279,988$0$12,861,528
77$19,352,088$1,219,849$0$14,020,897
78$21,199,273$1,152,893$0$15,303,347
79$23,230,878$1,078,664$0$16,713,654
80$25,465,589$996,680$0$18,264,850
81$27,923,993$906,432$0$19,971,300
82$30,628,774$807,380$0$21,848,836
83$33,604,923$698,956$0$23,914,914
84$36,879,977$580,557$0$26,188,770
85$40,484,279$451,548$0$28,691,612
86$44,451,259$311,258$0$31,446,813
87$48,817,756$158,977$0$34,480,139
88$53,624,357$0$0$37,819,989
89$58,915,789$0$0$41,499,593
90$64,741,332$0$0$45,606,577
91$71,155,288$0$0$50,128,505
92$78,217,494$0$0$55,107,577
93$85,993,882$0$0$60,590,291
94$94,557,105$0$0$66,627,888
95$103,987,220$0$0$73,276,827
96$114,372,443$0$0$80,599,324
97$125,809,983$0$0$88,663,936
98$138,406,955$0$0$97,546,208
99$152,281,396$0$0$107,329,386
100$167,563,374$0$0$118,105,202