Can I retire at age 45 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$111,482$110,489$109,520$108,574$107,651$106,350
2 years$55,189$54,161$53,165$52,199$51,262$49,953
3 years$36,427$35,395$34,401$33,445$32,523$31,246
4 years$27,048$26,019$25,035$24,095$23,196$21,961
5 years$21,422$20,399$19,428$18,507$17,633$16,444
6 years$17,673$16,657$15,701$14,800$13,952$12,811
7 years$14,996$13,989$13,048$12,168$11,347$10,253
8 years$12,989$11,991$11,065$10,208$9,413$8,367
9 years$11,429$10,440$9,531$8,695$7,927$6,928
10 years$10,181$9,203$8,309$7,495$6,755$5,802
11 years$9,161$8,193$7,315$6,523$5,809$4,902
12 years$8,312$7,353$6,492$5,721$5,034$4,172
13 years$7,594$6,645$5,800$5,051$4,390$3,571
14 years$6,979$6,040$5,211$4,484$3,848$3,072
15 years$6,446$5,518$4,705$3,999$3,388$2,653
16 years$5,981$5,063$4,266$3,580$2,994$2,299
17 years$5,571$4,662$3,882$3,217$2,655$1,998
18 years$5,206$4,308$3,544$2,899$2,361$1,741
19 years$4,881$3,993$3,244$2,620$2,104$1,520
20 years$4,588$3,710$2,977$2,373$1,880$1,329
21 years$4,324$3,456$2,738$2,153$1,682$1,164
22 years$4,084$3,226$2,524$1,958$1,508$1,022
23 years$3,865$3,017$2,330$1,783$1,353$897
24 years$3,665$2,827$2,155$1,626$1,216$789
25 years$3,481$2,653$1,996$1,485$1,095$694
26 years$3,311$2,493$1,851$1,358$986$611
27 years$3,154$2,347$1,719$1,243$889$539
28 years$3,009$2,211$1,598$1,139$802$475
29 years$2,874$2,086$1,487$1,044$724$419
30 years$2,748$1,970$1,385$958$654$370
31 years$2,631$1,862$1,291$880$592$327
32 years$2,521$1,762$1,205$809$535$289
33 years$2,418$1,669$1,125$744$484$255
34 years$2,321$1,582$1,051$684$439$225
35 years$2,230$1,500$983$630$397$199
36 years$2,144$1,424$919$580$360$176
37 years$2,063$1,352$861$535$326$156
38 years$1,987$1,285$806$493$296$138
39 years$1,914$1,222$755$454$268$122
40 years$1,846$1,163$708$419$243$108
41 years$1,781$1,107$664$387$221$95
42 years$1,719$1,054$622$357$200$84
43 years$1,660$1,004$584$329$182$75
44 years$1,604$957$548$304$165$66
45 years$1,551$913$515$281$150$59
46 years$1,500$871$484$259$136$52
47 years$1,451$831$454$240$123$46
48 years$1,405$793$427$222$112$41
49 years$1,361$758$401$205$102$36
50 years$1,318$724$377$189$92$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,350,000, adding $3,214 every year, while hoping to spend $30,427 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: 40/41/19 Blend
44$1,350,000$1,350,000$1,350,000$1,350,000
45$1,491,015$1,419,465$1,398,540$1,542,139
46$1,610,725$1,456,645$1,413,017$1,616,140
47$1,741,625$1,494,627$1,426,959$1,692,983
48$1,884,825$1,533,418$1,440,317$1,775,483
49$2,041,546$1,573,024$1,453,037$1,864,171
50$2,213,134$1,613,452$1,465,063$1,959,631
51$2,401,069$1,654,707$1,476,338$2,062,508
52$2,606,982$1,696,792$1,486,800$2,173,509
53$2,832,671$1,739,711$1,496,384$2,293,417
54$3,080,113$1,783,466$1,505,023$2,423,089
55$3,351,486$1,828,059$1,512,643$2,563,473
56$3,649,192$1,873,488$1,519,171$2,715,613
57$3,975,873$1,919,752$1,524,527$2,880,657
58$4,334,441$1,966,849$1,528,627$3,059,872
59$4,728,104$2,014,774$1,531,386$3,254,652
60$5,160,394$2,063,522$1,532,711$3,466,534
61$5,635,203$2,113,083$1,532,506$3,697,211
62$6,156,819$2,163,450$1,530,670$3,948,550
63$6,729,965$2,214,609$1,527,098$4,222,607
64$7,359,844$2,266,547$1,521,678$4,521,648
65$8,052,188$2,319,248$1,514,294$4,848,170
66$8,813,314$2,372,694$1,504,825$5,204,924
67$9,650,177$2,426,861$1,493,143$5,594,944
68$10,570,445$2,481,727$1,479,113$6,021,572
69$11,582,563$2,537,264$1,462,595$6,488,491
70$12,695,835$2,593,441$1,443,443$6,999,762
71$13,920,515$2,650,224$1,421,503$7,559,859
72$15,267,897$2,707,575$1,396,613$8,173,713
73$16,750,429$2,765,452$1,368,606$8,846,759
74$18,381,823$2,823,809$1,337,304$9,584,988
75$20,177,188$2,882,596$1,302,523$10,395,002
76$22,153,174$2,941,756$1,264,071$11,284,079
77$24,328,125$3,001,229$1,221,744$12,260,239
78$26,722,254$3,060,949$1,175,333$13,332,322
79$29,357,833$3,120,845$1,124,615$14,510,071
80$32,259,403$3,180,837$1,069,361$15,804,226
81$35,454,006$3,240,842$1,009,328$17,226,623
82$38,971,438$3,300,767$944,265$18,790,307
83$42,844,535$3,360,514$873,907$20,509,659
84$47,109,474$3,419,977$797,980$22,400,525
85$51,806,124$3,479,038$716,196$24,480,373
86$56,978,413$3,537,576$628,253$26,768,456
87$62,674,750$3,595,456$533,838$29,285,992
88$68,948,476$3,652,535$432,623$32,056,369
89$75,858,371$3,708,660$324,267$35,105,364
90$83,469,205$3,763,664$208,410$38,461,387
91$91,852,353$3,817,372$84,680$42,155,750
92$101,086,464$3,869,595$0$46,222,965
93$111,258,207$3,920,129$0$50,710,670
94$122,463,088$3,968,759$0$55,670,131
95$134,806,347$4,015,253$0$61,130,453
96$148,403,958$4,059,363$0$67,142,649
97$163,383,717$4,100,827$0$73,762,940
98$179,886,452$4,139,363$0$81,053,279
99$198,067,350$4,174,672$0$89,081,944
100$218,097,422$4,206,434$0$97,924,179