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

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$109,830$108,852$107,897$106,966$106,056$103,745
2 years$54,371$53,359$52,377$51,426$50,503$48,186
3 years$35,888$34,871$33,892$32,949$32,041$29,791
4 years$26,647$25,634$24,664$23,738$22,852$20,686
5 years$21,105$20,097$19,141$18,233$17,372$15,296
6 years$17,411$16,411$15,468$14,581$13,746$11,762
7 years$14,773$13,782$12,854$11,988$11,179$9,288
8 years$12,796$11,813$10,902$10,056$9,274$7,475
9 years$11,259$10,286$9,389$8,566$7,810$6,102
10 years$10,030$9,066$8,186$7,384$6,655$5,035
11 years$9,026$8,071$7,207$6,426$5,723$4,191
12 years$8,189$7,244$6,396$5,637$4,960$3,512
13 years$7,481$6,547$5,714$4,976$4,325$2,959
14 years$6,876$5,951$5,134$4,417$3,791$2,504
15 years$6,351$5,436$4,636$3,939$3,338$2,127
16 years$5,892$4,988$4,203$3,527$2,950$1,813
17 years$5,488$4,593$3,824$3,169$2,616$1,549
18 years$5,129$4,244$3,491$2,856$2,326$1,326
19 years$4,809$3,934$3,196$2,581$2,073$1,138
20 years$4,520$3,655$2,933$2,337$1,852$977
21 years$4,260$3,405$2,698$2,121$1,657$841
22 years$4,023$3,178$2,487$1,929$1,485$724
23 years$3,808$2,973$2,296$1,757$1,333$624
24 years$3,610$2,785$2,123$1,602$1,198$539
25 years$3,429$2,614$1,967$1,463$1,078$465
26 years$3,262$2,457$1,824$1,338$971$402
27 years$3,107$2,312$1,694$1,225$876$347
28 years$2,964$2,178$1,574$1,122$790$300
29 years$2,831$2,055$1,465$1,029$714$260
30 years$2,707$1,941$1,365$944$645$225
31 years$2,592$1,835$1,272$867$583$195
32 years$2,483$1,736$1,187$797$527$169
33 years$2,382$1,644$1,108$733$477$146
34 years$2,287$1,558$1,036$674$432$126
35 years$2,197$1,478$968$621$391$110
36 years$2,112$1,403$906$572$355$95
37 years$2,033$1,332$848$527$321$82
38 years$1,957$1,266$794$486$291$71
39 years$1,886$1,204$744$448$264$62
40 years$1,818$1,146$697$413$240$54
41 years$1,754$1,090$654$381$217$46
42 years$1,693$1,038$613$352$197$40
43 years$1,635$989$575$325$179$35
44 years$1,580$943$540$300$163$30
45 years$1,528$899$507$277$148$26
46 years$1,478$858$476$256$134$23
47 years$1,430$819$448$236$122$20
48 years$1,384$782$421$218$110$17
49 years$1,340$746$395$202$100$15
50 years$1,299$713$372$186$91$13

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 $6,347 every year, while hoping to spend $50,712 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: 61/15/24 Blend
44$1,330,000$1,330,000$1,330,000$1,330,000
45$1,472,207$1,401,717$1,381,102$1,552,268
46$1,568,415$1,416,444$1,373,412$1,622,046
47$1,672,736$1,430,193$1,363,764$1,692,075
48$1,785,945$1,442,862$1,352,040$1,767,398
49$1,908,893$1,454,344$1,338,115$1,848,539
50$2,042,517$1,464,523$1,321,858$1,936,078
51$2,187,846$1,473,277$1,303,132$2,030,653
52$2,346,013$1,480,475$1,281,795$2,132,970
53$2,518,266$1,485,978$1,257,695$2,243,809
54$2,705,978$1,489,639$1,230,676$2,364,031
55$2,910,658$1,491,301$1,200,574$2,494,585
56$3,133,968$1,490,798$1,167,216$2,636,519
57$3,377,738$1,487,953$1,130,423$2,790,993
58$3,643,982$1,482,577$1,090,007$2,959,282
59$3,934,917$1,474,472$1,045,771$3,142,798
60$4,252,983$1,463,427$997,509$3,343,097
61$4,600,869$1,449,216$945,007$3,561,898
62$4,981,533$1,431,602$888,040$3,801,096
63$5,398,232$1,410,334$826,372$4,062,784
64$5,854,555$1,385,144$759,759$4,349,271
65$6,354,453$1,355,749$687,944$4,663,104
66$6,902,277$1,321,850$610,660$5,007,096
67$7,502,818$1,283,130$527,626$5,384,349
68$8,161,354$1,239,252$438,550$5,798,285
69$8,883,698$1,189,861$343,128$6,252,680
70$9,676,253$1,134,582$241,040$6,751,700
71$10,546,071$1,073,017$131,955$7,299,942
72$11,500,919$1,004,744$15,525$7,902,474
73$12,549,356$929,319$0$8,564,891
74$13,700,806$846,271$0$9,321,202
75$14,965,653$755,104$0$10,156,422
76$16,355,337$655,291$0$11,074,178
77$17,882,460$546,278$0$12,082,852
78$19,560,903$427,478$0$13,191,685
79$21,405,962$298,272$0$14,410,858
80$23,434,487$158,004$0$15,751,596
81$25,665,043$5,985$0$17,226,269
82$28,118,084$0$0$18,848,510
83$30,816,143$0$0$20,659,510
84$33,784,050$0$0$22,652,841
85$37,049,161$0$0$24,845,904
86$40,641,615$0$0$27,258,956
87$44,594,623$0$0$29,914,321
88$48,944,776$0$0$32,836,594
89$53,732,392$0$0$36,052,875
90$59,001,896$0$0$39,593,027
91$64,802,235$0$0$43,489,951
92$71,187,347$0$0$47,779,901
93$78,216,662$0$0$52,502,827
94$85,955,666$0$0$57,702,747
95$94,476,516$0$0$63,428,164
96$103,858,725$0$0$69,732,526
97$114,189,905$0$0$76,674,725
98$125,566,599$0$0$84,319,657
99$138,095,191$0$0$92,738,832
100$151,892,903$0$0$102,011,048