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%15.4%
1 years$109,830$108,852$107,897$106,966$106,056$103,703
2 years$54,371$53,359$52,377$51,426$50,503$48,144
3 years$35,888$34,871$33,892$32,949$32,041$29,751
4 years$26,647$25,634$24,664$23,738$22,852$20,648
5 years$21,105$20,097$19,141$18,233$17,372$15,259
6 years$17,411$16,411$15,468$14,581$13,746$11,728
7 years$14,773$13,782$12,854$11,988$11,179$9,256
8 years$12,796$11,813$10,902$10,056$9,274$7,445
9 years$11,259$10,286$9,389$8,566$7,810$6,073
10 years$10,030$9,066$8,186$7,384$6,655$5,009
11 years$9,026$8,071$7,207$6,426$5,723$4,166
12 years$8,189$7,244$6,396$5,637$4,960$3,489
13 years$7,481$6,547$5,714$4,976$4,325$2,937
14 years$6,876$5,951$5,134$4,417$3,791$2,484
15 years$6,351$5,436$4,636$3,939$3,338$2,109
16 years$5,892$4,988$4,203$3,527$2,950$1,796
17 years$5,488$4,593$3,824$3,169$2,616$1,533
18 years$5,129$4,244$3,491$2,856$2,326$1,312
19 years$4,809$3,934$3,196$2,581$2,073$1,124
20 years$4,520$3,655$2,933$2,337$1,852$965
21 years$4,260$3,405$2,698$2,121$1,657$830
22 years$4,023$3,178$2,487$1,929$1,485$714
23 years$3,808$2,973$2,296$1,757$1,333$615
24 years$3,610$2,785$2,123$1,602$1,198$530
25 years$3,429$2,614$1,967$1,463$1,078$458
26 years$3,262$2,457$1,824$1,338$971$395
27 years$3,107$2,312$1,694$1,225$876$341
28 years$2,964$2,178$1,574$1,122$790$295
29 years$2,831$2,055$1,465$1,029$714$255
30 years$2,707$1,941$1,365$944$645$220
31 years$2,592$1,835$1,272$867$583$191
32 years$2,483$1,736$1,187$797$527$165
33 years$2,382$1,644$1,108$733$477$143
34 years$2,287$1,558$1,036$674$432$123
35 years$2,197$1,478$968$621$391$107
36 years$2,112$1,403$906$572$355$93
37 years$2,033$1,332$848$527$321$80
38 years$1,957$1,266$794$486$291$69
39 years$1,886$1,204$744$448$264$60
40 years$1,818$1,146$697$413$240$52
41 years$1,754$1,090$654$381$217$45
42 years$1,693$1,038$613$352$197$39
43 years$1,635$989$575$325$179$34
44 years$1,580$943$540$300$163$29
45 years$1,528$899$507$277$148$25
46 years$1,478$858$476$256$134$22
47 years$1,430$819$448$236$122$19
48 years$1,384$782$421$218$110$17
49 years$1,340$746$395$202$100$14
50 years$1,299$713$372$186$91$12

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 $2,793 every year, while hoping to spend $38,943 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: 49/37/14 Blend
44$1,330,000$1,330,000$1,330,000$1,330,000
45$1,468,541$1,398,051$1,377,436$1,534,700
46$1,576,897$1,425,120$1,382,145$1,607,624
47$1,695,000$1,452,211$1,385,707$1,682,522
48$1,823,804$1,479,283$1,388,041$1,763,017
49$1,964,357$1,506,292$1,389,065$1,849,645
50$2,117,813$1,533,193$1,388,691$1,943,000
51$2,285,445$1,559,934$1,386,827$2,043,734
52$2,468,651$1,586,461$1,383,376$2,152,569
53$2,668,971$1,612,716$1,378,238$2,270,300
54$2,888,103$1,638,636$1,371,305$2,397,802
55$3,127,913$1,664,153$1,362,468$2,536,042
56$3,390,459$1,689,195$1,351,609$2,686,085
57$3,678,005$1,713,684$1,338,607$2,849,107
58$3,993,044$1,737,538$1,323,333$3,026,404
59$4,338,323$1,760,666$1,305,654$3,219,405
60$4,716,868$1,782,975$1,285,429$3,429,686
61$5,132,010$1,804,361$1,262,512$3,658,985
62$5,587,417$1,824,717$1,236,748$3,909,221
63$6,087,132$1,843,927$1,207,978$4,182,506
64$6,635,607$1,861,867$1,176,033$4,481,174
65$7,237,746$1,878,405$1,140,736$4,807,794
66$7,898,949$1,893,401$1,101,904$5,165,204
67$8,625,169$1,906,704$1,059,345$5,556,530
68$9,422,959$1,918,156$1,012,856$5,985,221
69$10,299,542$1,927,586$962,228$6,455,081
70$11,262,873$1,934,815$907,240$6,970,304
71$12,321,715$1,939,651$847,662$7,535,515
72$13,485,726$1,941,889$783,254$8,155,813
73$14,765,543$1,941,314$713,766$8,836,824
74$16,172,885$1,937,696$638,934$9,584,748
75$17,720,666$1,930,790$558,485$10,406,425
76$19,423,112$1,920,336$472,132$11,309,393
77$21,295,898$1,906,062$379,578$12,301,969
78$23,356,295$1,887,674$280,508$13,393,320
79$25,623,331$1,864,864$174,599$14,593,553
80$28,117,972$1,837,304$61,510$15,913,814
81$30,863,320$1,804,647$0$17,366,391
82$33,884,830$1,766,525$0$18,973,674
83$37,210,546$1,722,549$0$20,752,140
84$40,871,375$1,672,306$0$22,709,117
85$44,901,366$1,615,360$0$24,862,824
86$49,338,041$1,551,249$0$27,233,342
87$54,222,744$1,479,483$0$29,842,806
88$59,601,032$1,399,546$0$32,715,613
89$65,523,104$1,310,890$0$35,878,658
90$72,044,275$1,212,937$0$39,361,585
91$79,225,496$1,105,076$0$43,197,070
92$87,133,931$986,660$0$47,421,127
93$95,843,591$857,006$0$52,073,456
94$105,436,030$715,391$0$57,197,813
95$116,001,114$561,054$0$62,842,428
96$127,637,870$393,188$0$69,060,461
97$140,455,422$210,944$0$75,910,506
98$154,574,016$13,421$0$83,457,144
99$170,126,160$0$0$91,771,557
100$187,257,868$0$0$101,013,766