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

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$113,959$112,944$111,954$110,987$110,043$107,645
2 years$56,415$55,365$54,346$53,359$52,401$49,998
3 years$37,237$36,181$35,166$34,188$33,246$30,911
4 years$27,649$26,597$25,592$24,630$23,711$21,464
5 years$21,898$20,853$19,860$18,918$18,025$15,871
6 years$18,065$17,028$16,050$15,129$14,262$12,204
7 years$15,329$14,300$13,338$12,439$11,599$9,637
8 years$13,277$12,258$11,311$10,434$9,623$7,756
9 years$11,683$10,672$9,742$8,888$8,104$6,331
10 years$10,407$9,407$8,494$7,661$6,905$5,225
11 years$9,365$8,375$7,478$6,668$5,938$4,348
12 years$8,497$7,517$6,636$5,848$5,146$3,644
13 years$7,763$6,793$5,929$5,163$4,487$3,070
14 years$7,134$6,175$5,327$4,583$3,934$2,598
15 years$6,590$5,641$4,810$4,088$3,463$2,207
16 years$6,114$5,175$4,361$3,660$3,061$1,881
17 years$5,695$4,766$3,968$3,288$2,714$1,607
18 years$5,322$4,404$3,622$2,964$2,413$1,376
19 years$4,989$4,082$3,316$2,678$2,151$1,180
20 years$4,690$3,793$3,043$2,425$1,921$1,014
21 years$4,420$3,533$2,799$2,201$1,719$872
22 years$4,174$3,298$2,580$2,001$1,541$751
23 years$3,951$3,084$2,382$1,823$1,383$648
24 years$3,746$2,890$2,203$1,662$1,243$559
25 years$3,558$2,712$2,041$1,518$1,119$482
26 years$3,384$2,549$1,893$1,388$1,008$417
27 years$3,224$2,399$1,757$1,271$909$360
28 years$3,076$2,260$1,634$1,164$820$312
29 years$2,938$2,132$1,520$1,068$740$270
30 years$2,809$2,014$1,416$980$669$233
31 years$2,689$1,904$1,320$900$605$202
32 years$2,577$1,801$1,232$827$547$175
33 years$2,471$1,706$1,150$760$495$151
34 years$2,372$1,617$1,075$700$448$131
35 years$2,279$1,533$1,005$644$406$114
36 years$2,192$1,455$940$593$368$98
37 years$2,109$1,382$880$547$333$85
38 years$2,031$1,314$824$504$302$74
39 years$1,957$1,249$772$464$274$64
40 years$1,887$1,189$723$428$249$56
41 years$1,820$1,131$678$395$226$48
42 years$1,757$1,078$636$365$205$42
43 years$1,697$1,027$597$337$186$36
44 years$1,640$979$560$311$169$31
45 years$1,585$933$526$287$153$27
46 years$1,533$890$494$265$139$24
47 years$1,484$850$464$245$126$20
48 years$1,436$811$436$226$115$18
49 years$1,391$774$410$209$104$15
50 years$1,347$740$386$193$95$13

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 $4,060 every year, while hoping to spend $43,755 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: 52/31/17 Blend
44$1,380,000$1,380,000$1,380,000$1,380,000
45$1,524,948$1,451,808$1,430,418$1,596,977
46$1,633,938$1,476,391$1,431,782$1,671,418
47$1,752,578$1,500,713$1,431,725$1,747,411
48$1,881,807$1,524,714$1,430,154$1,829,105
49$2,022,656$1,548,331$1,426,969$1,917,053
50$2,176,263$1,571,495$1,422,069$2,011,867
51$2,343,878$1,594,134$1,415,344$2,114,220
52$2,526,877$1,616,170$1,406,682$2,224,856
53$2,726,776$1,637,519$1,395,963$2,344,596
54$2,945,242$1,658,093$1,383,062$2,474,344
55$3,184,112$1,677,795$1,367,850$2,615,100
56$3,445,408$1,696,523$1,350,190$2,767,964
57$3,731,357$1,714,170$1,329,939$2,934,152
58$4,044,410$1,730,619$1,306,946$3,115,006
59$4,387,266$1,745,746$1,281,055$3,312,004
60$4,762,899$1,759,420$1,252,103$3,526,779
61$5,174,583$1,771,499$1,219,916$3,761,130
62$5,625,924$1,781,836$1,184,317$4,017,046
63$6,120,892$1,790,270$1,145,116$4,296,716
64$6,663,863$1,796,633$1,102,117$4,602,558
65$7,259,654$1,800,745$1,055,114$4,937,239
66$7,913,572$1,802,415$1,003,894$5,303,699
67$8,631,463$1,801,440$948,231$5,705,184
68$9,419,766$1,797,604$887,890$6,145,272
69$10,285,574$1,790,679$822,627$6,627,911
70$11,236,702$1,780,422$752,185$7,157,455
71$12,281,759$1,766,575$676,296$7,738,706
72$13,430,226$1,748,866$594,680$8,376,961
73$14,692,553$1,727,004$507,045$9,078,061
74$16,080,249$1,700,683$413,087$9,848,450
75$17,605,996$1,669,577$312,487$10,695,232
76$19,283,764$1,633,343$204,911$11,626,243
77$21,128,945$1,591,614$90,014$12,650,124
78$23,158,500$1,544,006$0$13,776,405
79$25,391,113$1,490,108$0$15,021,507
80$27,847,372$1,429,489$0$16,408,913
81$30,549,959$1,361,689$0$17,935,128
82$33,523,868$1,286,225$0$19,614,315
83$36,796,638$1,202,585$0$21,462,088
84$40,398,609$1,110,226$0$23,495,657
85$44,363,216$1,008,576$0$25,733,995
86$48,727,298$897,030$0$28,198,015
87$53,531,446$774,948$0$30,910,767
88$58,820,386$641,653$0$33,897,663
89$64,643,403$496,432$0$37,186,712
90$71,054,804$338,530$0$40,808,786
91$78,114,427$167,151$0$44,797,918
92$85,888,210$0$0$49,191,617
93$94,448,812$0$0$54,037,557
94$103,876,296$0$0$59,437,193
95$114,258,884$0$0$65,384,057
96$125,693,794$0$0$71,933,855
97$138,288,150$0$0$79,147,973
98$152,159,999$0$0$87,094,052
99$167,439,419$0$0$95,846,630
100$184,269,752$0$0$105,487,845