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%14.4%
1 years$109,830$108,852$107,897$106,966$106,056$104,128
2 years$54,371$53,359$52,377$51,426$50,503$48,567
3 years$35,888$34,871$33,892$32,949$32,041$30,158
4 years$26,647$25,634$24,664$23,738$22,852$21,036
5 years$21,105$20,097$19,141$18,233$17,372$15,628
6 years$17,411$16,411$15,468$14,581$13,746$12,077
7 years$14,773$13,782$12,854$11,988$11,179$9,585
8 years$12,796$11,813$10,902$10,056$9,274$7,754
9 years$11,259$10,286$9,389$8,566$7,810$6,364
10 years$10,030$9,066$8,186$7,384$6,655$5,281
11 years$9,026$8,071$7,207$6,426$5,723$4,420
12 years$8,189$7,244$6,396$5,637$4,960$3,726
13 years$7,481$6,547$5,714$4,976$4,325$3,158
14 years$6,876$5,951$5,134$4,417$3,791$2,689
15 years$6,351$5,436$4,636$3,939$3,338$2,299
16 years$5,892$4,988$4,203$3,527$2,950$1,971
17 years$5,488$4,593$3,824$3,169$2,616$1,695
18 years$5,129$4,244$3,491$2,856$2,326$1,461
19 years$4,809$3,934$3,196$2,581$2,073$1,262
20 years$4,520$3,655$2,933$2,337$1,852$1,091
21 years$4,260$3,405$2,698$2,121$1,657$945
22 years$4,023$3,178$2,487$1,929$1,485$820
23 years$3,808$2,973$2,296$1,757$1,333$712
24 years$3,610$2,785$2,123$1,602$1,198$618
25 years$3,429$2,614$1,967$1,463$1,078$538
26 years$3,262$2,457$1,824$1,338$971$468
27 years$3,107$2,312$1,694$1,225$876$407
28 years$2,964$2,178$1,574$1,122$790$355
29 years$2,831$2,055$1,465$1,029$714$309
30 years$2,707$1,941$1,365$944$645$270
31 years$2,592$1,835$1,272$867$583$235
32 years$2,483$1,736$1,187$797$527$205
33 years$2,382$1,644$1,108$733$477$179
34 years$2,287$1,558$1,036$674$432$156
35 years$2,197$1,478$968$621$391$136
36 years$2,112$1,403$906$572$355$119
37 years$2,033$1,332$848$527$321$104
38 years$1,957$1,266$794$486$291$91
39 years$1,886$1,204$744$448$264$79
40 years$1,818$1,146$697$413$240$69
41 years$1,754$1,090$654$381$217$61
42 years$1,693$1,038$613$352$197$53
43 years$1,635$989$575$325$179$46
44 years$1,580$943$540$300$163$40
45 years$1,528$899$507$277$148$35
46 years$1,478$858$476$256$134$31
47 years$1,430$819$448$236$122$27
48 years$1,384$782$421$218$110$24
49 years$1,340$746$395$202$100$21
50 years$1,299$713$372$186$91$18

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 $2,039 every year, while hoping to spend $31,572 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: 66/16/18 Blend
44$1,330,000$1,330,000$1,330,000$1,330,000
45$1,467,763$1,397,273$1,376,658$1,557,981
46$1,583,883$1,432,147$1,389,184$1,653,518
47$1,710,788$1,467,672$1,401,071$1,754,079
48$1,849,547$1,503,846$1,412,265$1,863,243
49$2,001,332$1,540,666$1,422,708$1,981,854
50$2,167,439$1,578,130$1,432,339$2,110,841
51$2,349,291$1,616,231$1,441,096$2,251,226
52$2,548,456$1,654,964$1,448,910$2,404,138
53$2,766,661$1,694,319$1,455,711$2,570,817
54$3,005,808$1,734,289$1,461,425$2,752,632
55$3,267,992$1,774,861$1,465,974$2,951,089
56$3,555,520$1,816,022$1,469,277$3,167,851
57$3,870,933$1,857,757$1,471,248$3,404,746
58$4,217,030$1,900,049$1,471,796$3,663,790
59$4,596,894$1,942,877$1,470,828$3,947,205
60$5,013,919$1,986,221$1,468,243$4,257,439
61$5,471,848$2,030,055$1,463,939$4,597,189
62$5,974,801$2,074,352$1,457,805$4,969,427
63$6,527,317$2,119,082$1,449,728$5,377,429
64$7,134,397$2,164,210$1,439,587$5,824,803
65$7,801,550$2,209,700$1,427,257$6,315,528
66$8,534,844$2,255,512$1,412,607$6,853,987
67$9,340,967$2,301,602$1,395,498$7,445,009
68$10,227,286$2,347,920$1,375,787$8,093,918
69$11,201,915$2,394,414$1,353,322$8,806,579
70$12,273,797$2,441,026$1,327,945$9,589,458
71$13,452,783$2,487,696$1,299,490$10,449,679
72$14,749,728$2,534,354$1,267,784$11,395,093
73$16,176,592$2,580,929$1,232,647$12,434,352
74$17,746,551$2,627,341$1,193,887$13,576,993
75$19,474,124$2,673,506$1,151,307$14,833,523
76$21,375,309$2,719,332$1,104,700$16,215,525
77$23,467,731$2,764,720$1,053,848$17,735,762
78$25,770,813$2,809,565$998,526$19,408,299
79$28,305,955$2,853,752$938,495$21,248,639
80$31,096,736$2,897,160$873,508$23,273,865
81$34,169,140$2,939,657$803,307$25,502,805
82$37,551,795$2,981,103$727,622$27,956,209
83$41,276,250$3,021,349$646,168$30,656,944
84$45,377,266$3,060,233$558,653$33,630,211
85$49,893,146$3,097,584$464,767$36,903,784
86$54,866,100$3,133,218$364,190$40,508,271
87$60,342,636$3,166,940$256,584$44,477,404
88$66,374,004$3,198,540$141,599$48,848,359
89$73,016,680$3,227,795$18,870$53,662,105
90$80,332,893$3,254,469$0$58,963,793
91$88,391,218$3,278,308$0$64,824,713
92$97,267,220$3,299,043$0$71,283,438
93$107,044,167$3,316,387$0$78,396,856
94$117,813,817$3,330,034$0$86,231,652
95$129,677,282$3,339,662$0$94,861,312
96$142,745,984$3,344,925$0$104,366,817
97$157,142,705$3,345,457$0$114,837,406
98$173,002,745$3,340,868$0$126,371,421
99$190,475,201$3,330,747$0$139,077,232
100$209,724,372$3,314,654$0$153,074,264