Can I retire at age 45 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$113,133$112,126$111,142$110,183$109,246$105,370
2 years$56,007$54,964$53,953$52,972$52,022$48,158
3 years$36,967$35,919$34,911$33,940$33,005$29,275
4 years$27,449$26,404$25,406$24,452$23,539$19,971
5 years$21,740$20,701$19,716$18,781$17,894$14,498
6 years$17,935$16,904$15,934$15,020$14,159$10,937
7 years$15,218$14,196$13,241$12,348$11,515$8,466
8 years$13,181$12,169$11,229$10,359$9,553$6,675
9 years$11,598$10,595$9,672$8,823$8,045$5,334
10 years$10,332$9,339$8,432$7,606$6,855$4,307
11 years$9,297$8,314$7,424$6,619$5,895$3,505
12 years$8,435$7,462$6,588$5,806$5,109$2,870
13 years$7,706$6,744$5,886$5,126$4,455$2,361
14 years$7,082$6,130$5,289$4,550$3,905$1,951
15 years$6,542$5,600$4,775$4,058$3,438$1,617
16 years$6,070$5,138$4,329$3,633$3,039$1,344
17 years$5,653$4,732$3,939$3,265$2,694$1,119
18 years$5,284$4,372$3,596$2,942$2,396$934
19 years$4,953$4,052$3,292$2,658$2,135$780
20 years$4,656$3,765$3,021$2,408$1,907$653
21 years$4,388$3,507$2,779$2,185$1,707$546
22 years$4,144$3,274$2,561$1,987$1,530$458
23 years$3,922$3,062$2,365$1,809$1,373$384
24 years$3,719$2,869$2,187$1,650$1,234$322
25 years$3,532$2,692$2,026$1,507$1,111$271
26 years$3,360$2,530$1,879$1,378$1,001$227
27 years$3,201$2,381$1,745$1,261$902$191
28 years$3,053$2,244$1,622$1,156$814$161
29 years$2,916$2,117$1,509$1,060$735$135
30 years$2,789$1,999$1,406$973$664$113
31 years$2,670$1,890$1,311$893$600$95
32 years$2,558$1,788$1,223$821$543$80
33 years$2,453$1,693$1,142$755$492$68
34 years$2,355$1,605$1,067$695$445$57
35 years$2,263$1,522$997$639$403$48
36 years$2,176$1,445$933$589$365$40
37 years$2,094$1,372$873$543$331$34
38 years$2,016$1,304$818$500$300$28
39 years$1,943$1,240$766$461$272$24
40 years$1,873$1,180$718$425$247$20
41 years$1,807$1,123$673$392$224$17
42 years$1,744$1,070$632$362$203$14
43 years$1,685$1,019$593$334$184$12
44 years$1,628$972$556$309$167$10
45 years$1,574$926$522$285$152$9
46 years$1,522$884$491$263$138$7
47 years$1,473$843$461$243$125$6
48 years$1,426$805$433$225$114$5
49 years$1,381$769$407$208$103$4
50 years$1,338$734$383$192$94$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,370,000, adding $6,609 every year, while hoping to spend $33,528 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: 46/47/7 Blend
44$1,370,000$1,370,000$1,370,000$1,370,000
45$1,516,557$1,443,947$1,422,712$1,583,116
46$1,635,572$1,479,027$1,434,700$1,664,681
47$1,765,604$1,514,702$1,445,965$1,749,082
48$1,907,739$1,550,966$1,456,448$1,839,855
49$2,063,176$1,587,812$1,466,087$1,937,599
50$2,233,235$1,625,229$1,474,816$2,042,973
51$2,419,367$1,663,208$1,482,565$2,156,705
52$2,623,173$1,701,735$1,489,261$2,279,593
53$2,846,414$1,740,797$1,494,828$2,412,517
54$3,091,029$1,780,377$1,499,186$2,556,447
55$3,359,154$1,820,456$1,502,249$2,712,451
56$3,653,143$1,861,013$1,503,929$2,881,705
57$3,975,586$1,902,026$1,504,133$3,065,504
58$4,329,338$1,943,467$1,502,764$3,265,275
59$4,717,542$1,985,309$1,499,718$3,482,590
60$5,143,661$2,027,519$1,494,889$3,719,181
61$5,611,510$2,070,062$1,488,163$3,976,957
62$6,125,290$2,112,901$1,479,422$4,258,021
63$6,689,630$2,155,994$1,468,543$4,564,688
64$7,309,628$2,199,294$1,455,395$4,899,512
65$7,990,903$2,242,751$1,439,844$5,265,307
66$8,739,642$2,286,313$1,421,745$5,665,172
67$9,562,663$2,329,920$1,400,951$6,102,524
68$10,467,476$2,373,508$1,377,305$6,581,127
69$11,462,358$2,417,009$1,350,643$7,105,132
70$12,556,424$2,460,348$1,320,796$7,679,109
71$13,759,719$2,503,445$1,287,582$8,308,100
72$15,083,310$2,546,214$1,250,816$8,997,658
73$16,539,391$2,588,561$1,210,302$9,753,904
74$18,141,396$2,630,388$1,165,834$10,583,585
75$19,904,128$2,671,586$1,117,199$11,494,136
76$21,843,896$2,712,041$1,064,172$12,493,752
77$23,978,671$2,751,629$1,006,520$13,591,466
78$26,328,254$2,790,217$943,997$14,797,231
79$28,914,464$2,827,665$876,348$16,122,020
80$31,761,339$2,863,820$803,305$17,577,925
81$34,895,370$2,898,522$724,591$19,178,276
82$38,345,745$2,931,597$639,911$20,937,761
83$42,144,626$2,962,860$548,964$22,872,572
84$46,327,453$2,992,115$451,429$25,000,554
85$50,933,276$3,019,153$346,975$27,341,376
86$56,005,127$3,043,748$235,256$29,916,715
87$61,590,421$3,065,663$115,908$32,750,464
88$67,741,408$3,084,644$0$35,868,956
89$74,515,662$3,100,421$0$39,302,073
90$81,976,625$3,112,708$0$43,090,242
91$90,194,208$3,121,197$0$47,260,084
92$99,245,447$3,125,566$0$51,850,492
93$109,215,233$3,125,469$0$56,904,328
94$120,197,109$3,120,540$0$62,468,830
95$132,294,158$3,110,390$0$68,596,062
96$145,619,969$3,094,606$0$75,343,400
97$160,299,715$3,072,751$0$82,774,081
98$176,471,329$3,044,359$0$90,957,798
99$194,286,812$3,008,940$0$99,971,359
100$213,913,659$2,965,970$0$109,899,415