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%20%
1 years$112,308$111,307$110,331$109,379$108,448$104,104
2 years$55,598$54,562$53,559$52,586$51,642$47,320
3 years$36,697$35,657$34,656$33,692$32,764$28,600
4 years$27,248$26,212$25,221$24,273$23,367$19,394
5 years$21,581$20,550$19,572$18,644$17,764$13,990
6 years$17,804$16,781$15,817$14,910$14,056$10,484
7 years$15,107$14,093$13,144$12,258$11,431$8,060
8 years$13,085$12,080$11,147$10,283$9,483$6,310
9 years$11,513$10,518$9,601$8,759$7,986$5,005
10 years$10,257$9,271$8,371$7,550$6,805$4,010
11 years$9,229$8,253$7,369$6,571$5,852$3,238
12 years$8,374$7,408$6,540$5,764$5,071$2,630
13 years$7,650$6,694$5,843$5,088$4,422$2,147
14 years$7,031$6,085$5,250$4,517$3,877$1,759
15 years$6,494$5,559$4,740$4,028$3,413$1,445
16 years$6,025$5,100$4,298$3,607$3,017$1,191
17 years$5,612$4,697$3,911$3,241$2,675$983
18 years$5,245$4,340$3,570$2,921$2,378$813
19 years$4,917$4,022$3,268$2,639$2,120$673
20 years$4,622$3,738$2,999$2,390$1,893$558
21 years$4,356$3,482$2,759$2,169$1,694$463
22 years$4,114$3,250$2,543$1,972$1,519$384
23 years$3,893$3,040$2,348$1,796$1,363$319
24 years$3,692$2,848$2,171$1,638$1,225$265
25 years$3,506$2,673$2,011$1,496$1,103$221
26 years$3,335$2,512$1,865$1,368$993$183
27 years$3,178$2,364$1,732$1,252$896$153
28 years$3,031$2,228$1,610$1,147$808$127
29 years$2,895$2,101$1,498$1,052$730$106
30 years$2,768$1,985$1,396$966$659$88
31 years$2,650$1,876$1,301$887$596$73
32 years$2,539$1,775$1,214$815$539$61
33 years$2,436$1,681$1,133$749$488$51
34 years$2,338$1,593$1,059$690$442$42
35 years$2,246$1,511$990$635$400$35
36 years$2,160$1,434$926$585$363$29
37 years$2,078$1,362$867$539$329$25
38 years$2,001$1,295$812$496$298$20
39 years$1,928$1,231$761$458$270$17
40 years$1,859$1,171$713$422$245$14
41 years$1,794$1,115$668$390$222$12
42 years$1,731$1,062$627$360$202$10
43 years$1,672$1,012$588$332$183$8
44 years$1,616$964$552$306$166$7
45 years$1,562$920$519$283$151$6
46 years$1,511$877$487$261$137$5
47 years$1,462$837$458$242$124$4
48 years$1,415$799$430$223$113$3
49 years$1,371$763$404$206$103$3
50 years$1,328$729$380$191$93$2

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 $4,861 every year, while hoping to spend $20,739 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: 39/45/16 Blend
44$1,360,000$1,360,000$1,360,000$1,360,000
45$1,503,734$1,431,654$1,410,574$1,555,003
46$1,635,049$1,479,739$1,435,762$1,640,122
47$1,779,063$1,529,485$1,461,099$1,729,736
48$1,937,049$1,580,952$1,486,568$1,826,189
49$2,110,410$1,634,200$1,512,150$1,930,113
50$2,300,691$1,689,296$1,537,826$2,042,197
51$2,509,594$1,746,304$1,563,576$2,163,200
52$2,738,994$1,805,293$1,589,377$2,293,959
53$2,990,955$1,866,336$1,615,204$2,435,389
54$3,267,752$1,929,507$1,641,034$2,588,500
55$3,571,892$1,994,882$1,666,837$2,754,400
56$3,906,135$2,062,541$1,692,587$2,934,309
57$4,273,523$2,132,568$1,718,251$3,129,569
58$4,677,407$2,205,049$1,743,797$3,341,655
59$5,121,479$2,280,072$1,769,190$3,572,190
60$5,609,806$2,357,732$1,794,394$3,822,959
61$6,146,869$2,438,124$1,819,369$4,095,929
62$6,737,606$2,521,348$1,844,074$4,393,262
63$7,387,456$2,607,508$1,868,465$4,717,337
64$8,102,414$2,696,713$1,892,496$5,070,773
65$8,889,082$2,789,074$1,916,117$5,456,454
66$9,754,737$2,884,708$1,939,276$5,877,553
67$10,707,397$2,983,735$1,961,918$6,337,564
68$11,755,895$3,086,282$1,983,986$6,840,333
69$12,909,965$3,192,478$2,005,417$7,390,095
70$14,180,331$3,302,459$2,026,149$7,991,513
71$15,578,811$3,416,366$2,046,111$8,649,721
72$17,118,427$3,534,346$2,065,233$9,370,373
73$18,813,528$3,656,549$2,083,439$10,159,695
74$20,679,922$3,783,134$2,100,649$11,024,542
75$22,735,032$3,914,266$2,116,779$11,972,467
76$24,998,055$4,050,115$2,131,741$13,011,785
77$27,490,144$4,190,858$2,145,441$14,151,656
78$30,234,608$4,336,679$2,157,783$15,402,170
79$33,257,132$4,487,770$2,168,662$16,774,438
80$36,586,019$4,644,331$2,177,972$18,280,701
81$40,252,457$4,806,567$2,185,599$19,934,442
82$44,290,814$4,974,695$2,191,423$21,750,513
83$48,738,961$5,148,939$2,195,319$23,745,276
84$53,638,629$5,329,531$2,197,156$25,936,754
85$59,035,804$5,516,713$2,196,795$28,344,804
86$64,981,161$5,710,737$2,194,093$30,991,298
87$71,530,541$5,911,865$2,188,897$33,900,335
88$78,745,479$6,120,369$2,181,048$37,098,464
89$86,693,783$6,336,533$2,170,379$40,614,934
90$95,450,177$6,560,651$2,156,715$44,481,970
91$105,097,003$6,793,030$2,139,872$48,735,075
92$115,724,998$7,033,990$2,119,659$53,413,366
93$127,434,154$7,283,861$2,095,873$58,559,940
94$140,334,658$7,542,991$2,068,305$64,222,283
95$154,547,933$7,811,737$2,036,734$70,452,712
96$170,207,785$8,090,475$2,000,927$77,308,874
97$187,461,665$8,379,594$1,960,644$84,854,285
98$206,472,061$8,679,500$1,915,631$93,158,926
99$227,418,029$8,990,614$1,865,623$102,299,911
100$250,496,890$9,313,376$1,810,343$112,362,204