Can I retire at age 45 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$112,308$111,307$110,331$109,379$108,448$107,360
2 years$55,598$54,562$53,559$52,586$51,642$50,546
3 years$36,697$35,657$34,656$33,692$32,764$31,694
4 years$27,248$26,212$25,221$24,273$23,367$22,332
5 years$21,581$20,550$19,572$18,644$17,764$16,766
6 years$17,804$16,781$15,817$14,910$14,056$13,097
7 years$15,107$14,093$13,144$12,258$11,431$10,511
8 years$13,085$12,080$11,147$10,283$9,483$8,602
9 years$11,513$10,518$9,601$8,759$7,986$7,144
10 years$10,257$9,271$8,371$7,550$6,805$6,001
11 years$9,229$8,253$7,369$6,571$5,852$5,086
12 years$8,374$7,408$6,540$5,764$5,071$4,342
13 years$7,650$6,694$5,843$5,088$4,422$3,729
14 years$7,031$6,085$5,250$4,517$3,877$3,218
15 years$6,494$5,559$4,740$4,028$3,413$2,788
16 years$6,025$5,100$4,298$3,607$3,017$2,425
17 years$5,612$4,697$3,911$3,241$2,675$2,115
18 years$5,245$4,340$3,570$2,921$2,378$1,849
19 years$4,917$4,022$3,268$2,639$2,120$1,620
20 years$4,622$3,738$2,999$2,390$1,893$1,422
21 years$4,356$3,482$2,759$2,169$1,694$1,251
22 years$4,114$3,250$2,543$1,972$1,519$1,101
23 years$3,893$3,040$2,348$1,796$1,363$971
24 years$3,692$2,848$2,171$1,638$1,225$857
25 years$3,506$2,673$2,011$1,496$1,103$757
26 years$3,335$2,512$1,865$1,368$993$669
27 years$3,178$2,364$1,732$1,252$896$592
28 years$3,031$2,228$1,610$1,147$808$524
29 years$2,895$2,101$1,498$1,052$730$464
30 years$2,768$1,985$1,396$966$659$412
31 years$2,650$1,876$1,301$887$596$365
32 years$2,539$1,775$1,214$815$539$324
33 years$2,436$1,681$1,133$749$488$287
34 years$2,338$1,593$1,059$690$442$255
35 years$2,246$1,511$990$635$400$226
36 years$2,160$1,434$926$585$363$201
37 years$2,078$1,362$867$539$329$179
38 years$2,001$1,295$812$496$298$159
39 years$1,928$1,231$761$458$270$141
40 years$1,859$1,171$713$422$245$125
41 years$1,794$1,115$668$390$222$111
42 years$1,731$1,062$627$360$202$99
43 years$1,672$1,012$588$332$183$88
44 years$1,616$964$552$306$166$78
45 years$1,562$920$519$283$151$70
46 years$1,511$877$487$261$137$62
47 years$1,462$837$458$242$124$55
48 years$1,415$799$430$223$113$49
49 years$1,371$763$404$206$103$43
50 years$1,328$729$380$191$93$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,360,000, adding $3,889 every year, while hoping to spend $43,010 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: 44/48/8 Blend
44$1,360,000$1,360,000$1,360,000$1,360,000
45$1,502,732$1,430,652$1,409,572$1,565,264
46$1,610,248$1,454,991$1,411,030$1,633,311
47$1,727,289$1,479,082$1,411,096$1,702,300
48$1,854,782$1,502,866$1,409,676$1,776,083
49$1,993,745$1,526,282$1,406,676$1,855,115
50$2,145,301$1,549,263$1,401,993$1,939,898
51$2,310,683$1,571,739$1,395,522$2,030,986
52$2,491,251$1,593,632$1,387,150$2,128,991
53$2,688,500$1,614,862$1,376,761$2,234,587
54$2,904,078$1,635,341$1,364,233$2,348,520
55$3,139,798$1,654,976$1,349,439$2,471,610
56$3,397,655$1,673,668$1,332,243$2,604,765
57$3,679,847$1,691,310$1,312,505$2,748,986
58$3,988,796$1,707,788$1,290,078$2,905,376
59$4,327,167$1,722,983$1,264,809$3,075,155
60$4,697,893$1,736,765$1,236,536$3,259,669
61$5,104,209$1,748,997$1,205,090$3,460,400
62$5,549,673$1,759,533$1,170,296$3,678,988
63$6,038,207$1,768,217$1,131,968$3,917,241
64$6,574,129$1,774,885$1,089,914$4,177,152
65$7,162,196$1,779,360$1,043,932$4,460,925
66$7,807,648$1,781,456$993,811$4,770,987
67$8,516,255$1,780,974$939,330$5,110,020
68$9,294,374$1,777,703$880,260$5,480,981
69$10,149,011$1,771,421$816,358$5,887,133
70$11,087,878$1,761,889$747,375$6,332,077
71$12,119,475$1,748,855$673,045$6,819,785
72$13,253,166$1,732,053$593,096$7,354,641
73$14,499,264$1,711,199$507,240$7,941,479
74$15,869,133$1,685,992$415,177$8,585,635
75$17,375,295$1,656,115$316,595$9,292,992
76$19,031,541$1,621,231$211,167$10,070,043
77$20,853,069$1,580,982$98,553$10,923,948
78$22,856,623$1,534,991$0$11,862,607
79$25,060,650$1,482,858$0$12,896,579
80$27,485,477$1,424,158$0$14,042,726
81$30,153,498$1,358,444$0$15,303,260
82$33,089,389$1,285,243$0$16,689,907
83$36,320,339$1,204,051$0$18,215,597
84$39,876,304$1,114,340$0$19,894,590
85$43,790,293$1,015,549$0$21,742,607
86$48,098,677$907,085$0$23,776,987
87$52,841,532$788,323$0$26,016,845
88$58,063,017$658,599$0$28,483,261
89$63,811,791$517,217$0$31,199,476
90$70,141,470$363,436$0$34,191,115
91$77,111,133$196,478$0$37,486,434
92$84,785,882$15,519$0$41,116,582
93$93,237,452$0$0$45,115,905
94$102,544,889$0$0$49,617,508
95$112,795,297$0$0$54,584,436
96$124,084,658$0$0$60,055,027
97$136,518,738$0$0$66,080,563
98$150,214,083$0$0$72,717,550
99$165,299,122$0$0$80,028,259
100$181,915,375$0$0$88,081,306