Can I retire at age 45 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$109,830$108,852$107,897$106,966$106,056$104,000
2 years$54,371$53,359$52,377$51,426$50,503$48,440
3 years$35,888$34,871$33,892$32,949$32,041$30,035
4 years$26,647$25,634$24,664$23,738$22,852$20,919
5 years$21,105$20,097$19,141$18,233$17,372$15,517
6 years$17,411$16,411$15,468$14,581$13,746$11,971
7 years$14,773$13,782$12,854$11,988$11,179$9,485
8 years$12,796$11,813$10,902$10,056$9,274$7,660
9 years$11,259$10,286$9,389$8,566$7,810$6,275
10 years$10,030$9,066$8,186$7,384$6,655$5,198
11 years$9,026$8,071$7,207$6,426$5,723$4,342
12 years$8,189$7,244$6,396$5,637$4,960$3,653
13 years$7,481$6,547$5,714$4,976$4,325$3,090
14 years$6,876$5,951$5,134$4,417$3,791$2,626
15 years$6,351$5,436$4,636$3,939$3,338$2,240
16 years$5,892$4,988$4,203$3,527$2,950$1,917
17 years$5,488$4,593$3,824$3,169$2,616$1,645
18 years$5,129$4,244$3,491$2,856$2,326$1,415
19 years$4,809$3,934$3,196$2,581$2,073$1,219
20 years$4,520$3,655$2,933$2,337$1,852$1,052
21 years$4,260$3,405$2,698$2,121$1,657$909
22 years$4,023$3,178$2,487$1,929$1,485$787
23 years$3,808$2,973$2,296$1,757$1,333$681
24 years$3,610$2,785$2,123$1,602$1,198$591
25 years$3,429$2,614$1,967$1,463$1,078$512
26 years$3,262$2,457$1,824$1,338$971$445
27 years$3,107$2,312$1,694$1,225$876$386
28 years$2,964$2,178$1,574$1,122$790$336
29 years$2,831$2,055$1,465$1,029$714$292
30 years$2,707$1,941$1,365$944$645$254
31 years$2,592$1,835$1,272$867$583$221
32 years$2,483$1,736$1,187$797$527$192
33 years$2,382$1,644$1,108$733$477$167
34 years$2,287$1,558$1,036$674$432$146
35 years$2,197$1,478$968$621$391$127
36 years$2,112$1,403$906$572$355$110
37 years$2,033$1,332$848$527$321$96
38 years$1,957$1,266$794$486$291$84
39 years$1,886$1,204$744$448$264$73
40 years$1,818$1,146$697$413$240$64
41 years$1,754$1,090$654$381$217$55
42 years$1,693$1,038$613$352$197$48
43 years$1,635$989$575$325$179$42
44 years$1,580$943$540$300$163$37
45 years$1,528$899$507$277$148$32
46 years$1,478$858$476$256$134$28
47 years$1,430$819$448$236$122$24
48 years$1,384$782$421$218$110$21
49 years$1,340$746$395$202$100$18
50 years$1,299$713$372$186$91$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,330,000, adding $3,357 every year, while hoping to spend $42,490 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: 55/22/23 Blend
44$1,330,000$1,330,000$1,330,000$1,330,000
45$1,469,123$1,398,633$1,378,018$1,540,515
46$1,573,764$1,421,957$1,378,972$1,613,178
47$1,687,655$1,444,999$1,378,535$1,687,527
48$1,811,694$1,467,702$1,376,614$1,767,600
49$1,946,869$1,490,003$1,373,113$1,853,957
50$2,094,270$1,511,832$1,367,932$1,947,219
51$2,255,093$1,533,120$1,360,965$2,048,071
52$2,430,657$1,553,787$1,352,102$2,157,267
53$2,622,413$1,573,752$1,341,227$2,275,641
54$2,831,959$1,592,926$1,328,218$2,404,112
55$3,061,054$1,611,214$1,312,948$2,543,693
56$3,311,634$1,628,516$1,295,284$2,695,504
57$3,585,831$1,644,724$1,275,086$2,860,779
58$3,885,993$1,659,722$1,252,209$3,040,879
59$4,214,705$1,673,390$1,226,499$3,237,309
60$4,574,815$1,685,596$1,197,797$3,451,725
61$4,969,457$1,696,201$1,165,934$3,685,955
62$5,402,086$1,705,059$1,130,737$3,942,018
63$5,876,503$1,712,011$1,092,021$4,222,138
64$6,396,898$1,716,892$1,049,596$4,528,771
65$6,967,885$1,719,523$1,003,260$4,864,625
66$7,594,546$1,719,715$952,806$5,232,687
67$8,282,477$1,717,269$898,013$5,636,250
68$9,037,847$1,711,972$838,653$6,078,951
69$9,867,446$1,703,598$774,487$6,564,796
70$10,778,758$1,691,907$705,265$7,098,207
71$11,780,027$1,676,646$630,727$7,684,059
72$12,880,333$1,657,544$550,599$8,327,730
73$14,089,680$1,634,317$464,597$9,035,150
74$15,419,091$1,606,662$372,425$9,812,859
75$16,880,707$1,574,258$273,770$10,668,069
76$18,487,909$1,536,766$168,311$11,608,734
77$20,255,433$1,493,826$55,707$12,643,624
78$22,199,521$1,445,057$0$13,782,410
79$24,338,064$1,390,056$0$15,051,576
80$26,690,775$1,328,397$0$16,462,678
81$29,279,375$1,259,629$0$18,015,091
82$32,127,795$1,183,275$0$19,723,210
83$35,262,405$1,098,831$0$21,602,899
84$38,712,259$1,005,762$0$23,671,645
85$42,509,370$903,505$0$25,948,721
86$46,689,013$791,464$0$28,455,367
87$51,290,055$669,009$0$31,214,995
88$56,355,325$535,475$0$34,253,410
89$61,932,014$390,159$0$37,599,050
90$68,072,121$232,318$0$41,283,261
91$74,832,945$61,169$0$45,340,589
92$82,277,622$0$0$49,809,111
93$90,475,727$0$0$54,760,837
94$99,503,920$0$0$60,230,415
95$109,446,678$0$0$66,254,235
96$120,397,088$0$0$72,888,715
97$132,457,726$0$0$80,196,023
98$145,741,624$0$0$88,244,665
99$160,373,335$0$0$97,110,131
100$176,490,111$0$0$106,875,607