Can I retire at age 45 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$113,959$112,944$111,954$110,987$110,043$107,998
2 years$56,415$55,365$54,346$53,359$52,401$50,349
3 years$37,237$36,181$35,166$34,188$33,246$31,249
4 years$27,649$26,597$25,592$24,630$23,711$21,786
5 years$21,898$20,853$19,860$18,918$18,025$16,177
6 years$18,065$17,028$16,050$15,129$14,262$12,494
7 years$15,329$14,300$13,338$12,439$11,599$9,911
8 years$13,277$12,258$11,311$10,434$9,623$8,013
9 years$11,683$10,672$9,742$8,888$8,104$6,573
10 years$10,407$9,407$8,494$7,661$6,905$5,451
11 years$9,365$8,375$7,478$6,668$5,938$4,559
12 years$8,497$7,517$6,636$5,848$5,146$3,840
13 years$7,763$6,793$5,929$5,163$4,487$3,253
14 years$7,134$6,175$5,327$4,583$3,934$2,768
15 years$6,590$5,641$4,810$4,088$3,463$2,365
16 years$6,114$5,175$4,361$3,660$3,061$2,027
17 years$5,695$4,766$3,968$3,288$2,714$1,741
18 years$5,322$4,404$3,622$2,964$2,413$1,500
19 years$4,989$4,082$3,316$2,678$2,151$1,294
20 years$4,690$3,793$3,043$2,425$1,921$1,119
21 years$4,420$3,533$2,799$2,201$1,719$968
22 years$4,174$3,298$2,580$2,001$1,541$839
23 years$3,951$3,084$2,382$1,823$1,383$728
24 years$3,746$2,890$2,203$1,662$1,243$632
25 years$3,558$2,712$2,041$1,518$1,119$549
26 years$3,384$2,549$1,893$1,388$1,008$477
27 years$3,224$2,399$1,757$1,271$909$415
28 years$3,076$2,260$1,634$1,164$820$362
29 years$2,938$2,132$1,520$1,068$740$315
30 years$2,809$2,014$1,416$980$669$274
31 years$2,689$1,904$1,320$900$605$239
32 years$2,577$1,801$1,232$827$547$208
33 years$2,471$1,706$1,150$760$495$182
34 years$2,372$1,617$1,075$700$448$158
35 years$2,279$1,533$1,005$644$406$138
36 years$2,192$1,455$940$593$368$121
37 years$2,109$1,382$880$547$333$105
38 years$2,031$1,314$824$504$302$92
39 years$1,957$1,249$772$464$274$80
40 years$1,887$1,189$723$428$249$70
41 years$1,820$1,131$678$395$226$61
42 years$1,757$1,078$636$365$205$53
43 years$1,697$1,027$597$337$186$46
44 years$1,640$979$560$311$169$41
45 years$1,585$933$526$287$153$35
46 years$1,533$890$494$265$139$31
47 years$1,484$850$464$245$126$27
48 years$1,436$811$436$226$115$24
49 years$1,391$774$410$209$104$21
50 years$1,347$740$386$193$95$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,380,000, adding $6,965 every year, while hoping to spend $33,271 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: 32/42/26 Blend
44$1,380,000$1,380,000$1,380,000$1,380,000
45$1,527,944$1,454,804$1,433,414$1,564,500
46$1,648,395$1,490,690$1,446,034$1,628,814
47$1,780,016$1,527,218$1,457,961$1,694,597
48$1,923,912$1,564,387$1,469,137$1,764,790
49$2,081,299$1,602,190$1,479,501$1,839,805
50$2,253,516$1,640,621$1,488,989$1,920,093
51$2,442,036$1,679,674$1,497,532$2,006,152
52$2,648,484$1,719,337$1,505,059$2,098,532
53$2,874,646$1,759,601$1,511,495$2,197,838
54$3,122,491$1,800,453$1,516,761$2,304,737
55$3,394,187$1,841,877$1,520,774$2,419,966
56$3,692,122$1,883,857$1,523,448$2,544,335
57$4,018,925$1,926,373$1,524,691$2,678,739
58$4,377,494$1,969,404$1,524,407$2,824,164
59$4,771,020$2,012,926$1,522,496$2,981,698
60$5,203,016$2,056,912$1,518,851$3,152,541
61$5,677,354$2,101,331$1,513,363$3,338,013
62$6,198,299$2,146,151$1,505,916$3,539,575
63$6,770,549$2,191,336$1,496,388$3,758,834
64$7,399,280$2,236,846$1,484,651$3,997,564
65$8,090,192$2,282,637$1,470,572$4,257,719
66$8,849,567$2,328,661$1,454,012$4,541,457
67$9,684,324$2,374,867$1,434,823$4,851,155
68$10,602,088$2,421,199$1,412,853$5,189,437
69$11,611,258$2,467,595$1,387,940$5,559,194
70$12,721,088$2,513,988$1,359,917$5,963,615
71$13,941,772$2,560,307$1,328,608$6,406,217
72$15,284,546$2,606,475$1,293,829$6,890,878
73$16,761,784$2,652,407$1,255,388$7,421,873
74$18,387,125$2,698,014$1,213,082$8,003,918
75$20,175,593$2,743,198$1,166,701$8,642,213
76$22,143,744$2,787,855$1,116,026$9,342,489
77$24,309,819$2,831,873$1,060,826$10,111,070
78$26,693,917$2,875,131$1,000,860$10,954,924
79$29,318,185$2,917,500$935,877$11,881,737
80$32,207,024$2,958,843$865,614$12,899,984
81$35,387,325$2,999,010$789,796$14,019,007
82$38,888,714$3,037,844$708,136$15,249,109
83$42,743,840$3,075,175$620,336$16,601,645
84$46,988,675$3,110,822$526,080$18,089,140
85$51,662,860$3,144,592$425,044$19,725,398
86$56,810,074$3,176,280$316,885$21,525,640
87$62,478,448$3,205,664$201,248$23,506,647
88$68,721,020$3,232,511$77,759$25,686,920
89$75,596,231$3,256,572$0$28,086,853
90$83,168,483$3,277,580$0$30,743,917
91$91,508,739$3,295,252$0$33,691,909
92$100,695,199$3,309,289$0$36,936,676
93$110,814,034$3,319,369$0$40,508,462
94$121,960,200$3,325,152$0$44,440,604
95$134,238,334$3,326,278$0$48,769,839
96$147,763,740$3,322,362$0$53,536,659
97$162,663,481$3,312,996$0$58,785,690
98$179,077,572$3,297,749$0$64,566,116
99$197,160,306$3,276,160$0$70,932,143
100$217,081,709$3,247,744$0$77,943,514