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

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$111,482$110,489$109,520$108,574$107,651$105,305
2 years$55,189$54,161$53,165$52,199$51,262$48,911
3 years$36,427$35,395$34,401$33,445$32,523$30,239
4 years$27,048$26,019$25,035$24,095$23,196$20,997
5 years$21,422$20,399$19,428$18,507$17,633$15,526
6 years$17,673$16,657$15,701$14,800$13,952$11,939
7 years$14,996$13,989$13,048$12,168$11,347$9,428
8 years$12,989$11,991$11,065$10,208$9,413$7,588
9 years$11,429$10,440$9,531$8,695$7,927$6,194
10 years$10,181$9,203$8,309$7,495$6,755$5,111
11 years$9,161$8,193$7,315$6,523$5,809$4,254
12 years$8,312$7,353$6,492$5,721$5,034$3,564
13 years$7,594$6,645$5,800$5,051$4,390$3,003
14 years$6,979$6,040$5,211$4,484$3,848$2,542
15 years$6,446$5,518$4,705$3,999$3,388$2,159
16 years$5,981$5,063$4,266$3,580$2,994$1,840
17 years$5,571$4,662$3,882$3,217$2,655$1,572
18 years$5,206$4,308$3,544$2,899$2,361$1,346
19 years$4,881$3,993$3,244$2,620$2,104$1,155
20 years$4,588$3,710$2,977$2,373$1,880$992
21 years$4,324$3,456$2,738$2,153$1,682$853
22 years$4,084$3,226$2,524$1,958$1,508$735
23 years$3,865$3,017$2,330$1,783$1,353$634
24 years$3,665$2,827$2,155$1,626$1,216$547
25 years$3,481$2,653$1,996$1,485$1,095$472
26 years$3,311$2,493$1,851$1,358$986$408
27 years$3,154$2,347$1,719$1,243$889$352
28 years$3,009$2,211$1,598$1,139$802$305
29 years$2,874$2,086$1,487$1,044$724$264
30 years$2,748$1,970$1,385$958$654$228
31 years$2,631$1,862$1,291$880$592$198
32 years$2,521$1,762$1,205$809$535$171
33 years$2,418$1,669$1,125$744$484$148
34 years$2,321$1,582$1,051$684$439$128
35 years$2,230$1,500$983$630$397$111
36 years$2,144$1,424$919$580$360$96
37 years$2,063$1,352$861$535$326$84
38 years$1,987$1,285$806$493$296$72
39 years$1,914$1,222$755$454$268$63
40 years$1,846$1,163$708$419$243$54
41 years$1,781$1,107$664$387$221$47
42 years$1,719$1,054$622$357$200$41
43 years$1,660$1,004$584$329$182$35
44 years$1,604$957$548$304$165$31
45 years$1,551$913$515$281$150$27
46 years$1,500$871$484$259$136$23
47 years$1,451$831$454$240$123$20
48 years$1,405$793$427$222$112$17
49 years$1,361$758$401$205$102$15
50 years$1,318$724$377$189$92$13

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 $2,846 every year, while hoping to spend $37,002 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: 45/37/18 Blend
44$1,350,000$1,350,000$1,350,000$1,350,000
45$1,490,636$1,419,086$1,398,161$1,549,890
46$1,603,311$1,449,251$1,405,629$1,621,827
47$1,726,238$1,479,654$1,412,108$1,695,879
48$1,860,425$1,510,268$1,417,524$1,775,402
49$2,006,980$1,541,063$1,421,803$1,860,919
50$2,167,122$1,572,005$1,424,863$1,953,008
51$2,342,195$1,603,059$1,426,622$2,052,305
52$2,533,677$1,634,187$1,426,992$2,159,513
53$2,743,196$1,665,347$1,425,881$2,275,406
54$2,972,546$1,696,492$1,423,191$2,400,836
55$3,223,700$1,727,574$1,418,822$2,536,746
56$3,498,832$1,758,540$1,412,667$2,684,173
57$3,800,336$1,789,332$1,404,615$2,844,260
58$4,130,849$1,819,889$1,394,549$3,018,271
59$4,493,276$1,850,143$1,382,346$3,207,597
60$4,890,814$1,880,024$1,367,879$3,413,773
61$5,326,986$1,909,455$1,351,012$3,638,490
62$5,805,674$1,938,353$1,331,606$3,883,615
63$6,331,150$1,966,630$1,309,512$4,151,207
64$6,908,124$1,994,191$1,284,578$4,443,534
65$7,541,782$2,020,936$1,256,640$4,763,101
66$8,237,838$2,046,755$1,225,531$5,112,665
67$9,002,585$2,071,534$1,191,074$5,495,272
68$9,842,957$2,095,148$1,153,085$5,914,278
69$10,766,595$2,117,466$1,111,368$6,373,383
70$11,781,912$2,138,347$1,065,724$6,876,669
71$12,898,181$2,157,640$1,015,940$7,428,637
72$14,125,617$2,175,185$961,795$8,034,249
73$15,475,473$2,190,813$903,059$8,698,976
74$16,960,150$2,204,342$839,490$9,428,853
75$18,593,309$2,215,577$770,836$10,230,533
76$20,390,001$2,224,315$696,834$11,111,351
77$22,366,811$2,230,337$617,208$12,079,396
78$24,542,013$2,233,410$531,671$13,143,586
79$26,935,739$2,233,288$439,923$14,313,754
80$29,570,174$2,229,709$341,650$15,600,741
81$32,469,762$2,222,395$236,525$17,016,501
82$35,661,435$2,211,050$124,207$18,574,211
83$39,174,872$2,195,362$4,338$20,288,402
84$43,042,773$2,174,999$0$22,175,090
85$47,301,169$2,149,607$0$24,275,673
86$51,989,765$2,118,814$0$26,588,314
87$57,152,310$2,082,225$0$29,133,721
88$62,837,011$2,039,420$0$31,935,637
89$69,096,989$1,989,955$0$35,020,233
90$75,990,780$1,933,360$0$38,416,351
91$83,582,882$1,869,138$0$42,155,786
92$91,944,372$1,796,761$0$46,273,576
93$101,153,570$1,715,674$0$50,808,346
94$111,296,777$1,625,285$0$55,802,662
95$122,469,097$1,524,973$0$61,303,444
96$134,775,325$1,414,076$0$67,362,403
97$148,330,941$1,291,899$0$74,036,534
98$163,263,198$1,157,703$0$81,388,655
99$179,712,324$1,010,711$0$89,488,004
100$197,832,845$850,099$0$98,410,887