Can I retire at age 45 with 1,390,000?

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$114,785$113,762$112,765$111,791$110,841$108,558
2 years$56,824$55,766$54,740$53,746$52,781$50,492
3 years$37,507$36,444$35,421$34,435$33,487$31,262
4 years$27,850$26,790$25,777$24,809$23,883$21,740
5 years$22,057$21,004$20,004$19,056$18,155$16,101
6 years$18,196$17,151$16,166$15,239$14,366$12,401
7 years$15,440$14,403$13,434$12,529$11,683$9,809
8 years$13,374$12,346$11,393$10,510$9,692$7,908
9 years$11,767$10,750$9,813$8,952$8,162$6,467
10 years$10,483$9,475$8,555$7,717$6,955$5,347
11 years$9,433$8,435$7,532$6,716$5,981$4,458
12 years$8,558$7,571$6,684$5,891$5,183$3,743
13 years$7,819$6,842$5,972$5,201$4,520$3,160
14 years$7,186$6,219$5,366$4,617$3,962$2,680
15 years$6,637$5,681$4,845$4,117$3,489$2,282
16 years$6,158$5,213$4,392$3,687$3,083$1,948
17 years$5,736$4,801$3,997$3,312$2,734$1,668
18 years$5,361$4,436$3,649$2,985$2,431$1,431
19 years$5,025$4,111$3,340$2,697$2,167$1,231
20 years$4,724$3,820$3,065$2,443$1,935$1,060
21 years$4,452$3,559$2,820$2,217$1,732$914
22 years$4,205$3,322$2,599$2,016$1,552$789
23 years$3,979$3,107$2,399$1,836$1,393$682
24 years$3,773$2,911$2,219$1,674$1,252$589
25 years$3,584$2,732$2,055$1,529$1,127$510
26 years$3,409$2,567$1,906$1,398$1,015$442
27 years$3,248$2,416$1,770$1,280$915$383
28 years$3,098$2,277$1,646$1,173$826$332
29 years$2,959$2,148$1,531$1,075$746$288
30 years$2,829$2,028$1,426$987$674$250
31 years$2,709$1,918$1,330$906$609$217
32 years$2,595$1,814$1,241$833$551$188
33 years$2,489$1,718$1,158$766$499$163
34 years$2,390$1,628$1,082$705$452$142
35 years$2,296$1,545$1,012$649$409$123
36 years$2,208$1,466$947$597$371$107
37 years$2,124$1,392$886$551$336$93
38 years$2,046$1,323$830$507$304$81
39 years$1,971$1,258$777$468$276$70
40 years$1,900$1,197$729$432$250$61
41 years$1,833$1,140$683$398$227$53
42 years$1,770$1,085$641$367$206$46
43 years$1,709$1,034$601$339$187$40
44 years$1,652$986$565$313$170$35
45 years$1,597$940$530$289$154$30
46 years$1,544$897$498$267$140$26
47 years$1,494$856$468$247$127$23
48 years$1,447$817$440$228$115$20
49 years$1,401$780$413$211$105$17
50 years$1,357$745$388$195$95$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,390,000, adding $3,188 every year, while hoping to spend $43,678 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: 25/45/30 Blend
44$1,390,000$1,390,000$1,390,000$1,390,000
45$1,535,068$1,461,398$1,439,853$1,559,002
46$1,645,172$1,486,534$1,441,615$1,604,613
47$1,765,043$1,511,437$1,441,973$1,649,588
48$1,895,630$1,536,051$1,440,832$1,696,917
49$2,037,980$1,560,312$1,438,095$1,746,828
50$2,193,243$1,584,157$1,433,660$1,799,576
51$2,362,685$1,607,512$1,427,419$1,855,443
52$2,547,701$1,630,302$1,419,260$1,914,742
53$2,749,826$1,652,446$1,409,064$1,977,820
54$2,970,748$1,673,855$1,396,707$2,045,064
55$3,212,328$1,694,438$1,382,061$2,116,903
56$3,476,614$1,714,094$1,364,989$2,193,810
57$3,765,861$1,732,717$1,345,348$2,276,314
58$4,082,552$1,750,194$1,322,990$2,364,999
59$4,429,422$1,766,402$1,297,760$2,460,512
60$4,809,481$1,781,215$1,269,493$2,563,573
61$5,226,047$1,794,493$1,238,020$2,674,977
62$5,682,771$1,806,090$1,203,161$2,795,605
63$6,183,677$1,815,852$1,164,730$2,926,436
64$6,733,195$1,823,612$1,122,532$3,068,550
65$7,336,205$1,829,193$1,076,361$3,223,146
66$7,998,084$1,832,409$1,026,005$3,391,551
67$8,724,752$1,833,061$971,240$3,575,233
68$9,522,732$1,830,937$911,832$3,775,816
69$10,399,211$1,825,812$847,538$3,995,099
70$11,362,102$1,817,449$778,103$4,235,072
71$12,420,127$1,805,595$703,260$4,497,934
72$13,582,892$1,789,981$622,731$4,786,120
73$14,860,980$1,770,323$536,225$5,102,322
74$16,266,051$1,746,320$443,440$5,449,515
75$17,810,951$1,717,652$344,057$5,830,990
76$19,509,832$1,683,981$237,747$6,250,383
77$21,378,287$1,644,948$124,164$6,711,714
78$23,433,495$1,600,174$2,947$7,219,425
79$25,694,386$1,549,256$0$7,778,426
80$28,181,813$1,491,770$0$8,434,603
81$30,918,757$1,427,265$0$9,157,120
82$33,930,533$1,355,264$0$9,951,783
83$37,245,041$1,275,265$0$10,826,037
84$40,893,015$1,186,734$0$11,788,099
85$44,908,327$1,089,108$0$12,847,032
86$49,328,293$981,791$0$14,012,835
87$54,194,034$864,154$0$15,296,538
88$59,550,860$735,531$0$16,710,309
89$65,448,696$595,221$0$18,267,570
90$71,942,557$442,481$0$19,983,126
91$79,093,062$276,526$0$21,873,304
92$86,967,008$96,530$0$23,956,116
93$95,637,999$0$0$26,251,426
94$105,187,142$0$0$28,829,860
95$115,703,812$0$0$31,722,503
96$127,286,490$0$0$34,908,683
97$140,043,700$0$0$38,418,293
98$154,095,026$0$0$42,284,276
99$169,572,243$0$0$46,542,929
100$186,620,562$0$0$51,234,252