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%16.7%
1 years$114,785$113,762$112,765$111,791$110,841$107,811
2 years$56,824$55,766$54,740$53,746$52,781$49,751
3 years$37,507$36,444$35,421$34,435$33,487$30,551
4 years$27,850$26,790$25,777$24,809$23,883$21,064
5 years$22,057$21,004$20,004$19,056$18,155$15,461
6 years$18,196$17,151$16,166$15,239$14,366$11,799
7 years$15,440$14,403$13,434$12,529$11,683$9,244
8 years$13,374$12,346$11,393$10,510$9,692$7,379
9 years$11,767$10,750$9,813$8,952$8,162$5,973
10 years$10,483$9,475$8,555$7,717$6,955$4,886
11 years$9,433$8,435$7,532$6,716$5,981$4,030
12 years$8,558$7,571$6,684$5,891$5,183$3,346
13 years$7,819$6,842$5,972$5,201$4,520$2,793
14 years$7,186$6,219$5,366$4,617$3,962$2,341
15 years$6,637$5,681$4,845$4,117$3,489$1,970
16 years$6,158$5,213$4,392$3,687$3,083$1,662
17 years$5,736$4,801$3,997$3,312$2,734$1,405
18 years$5,361$4,436$3,649$2,985$2,431$1,191
19 years$5,025$4,111$3,340$2,697$2,167$1,011
20 years$4,724$3,820$3,065$2,443$1,935$859
21 years$4,452$3,559$2,820$2,217$1,732$731
22 years$4,205$3,322$2,599$2,016$1,552$623
23 years$3,979$3,107$2,399$1,836$1,393$531
24 years$3,773$2,911$2,219$1,674$1,252$453
25 years$3,584$2,732$2,055$1,529$1,127$387
26 years$3,409$2,567$1,906$1,398$1,015$331
27 years$3,248$2,416$1,770$1,280$915$283
28 years$3,098$2,277$1,646$1,173$826$242
29 years$2,959$2,148$1,531$1,075$746$207
30 years$2,829$2,028$1,426$987$674$177
31 years$2,709$1,918$1,330$906$609$151
32 years$2,595$1,814$1,241$833$551$129
33 years$2,489$1,718$1,158$766$499$111
34 years$2,390$1,628$1,082$705$452$95
35 years$2,296$1,545$1,012$649$409$81
36 years$2,208$1,466$947$597$371$70
37 years$2,124$1,392$886$551$336$60
38 years$2,046$1,323$830$507$304$51
39 years$1,971$1,258$777$468$276$44
40 years$1,900$1,197$729$432$250$37
41 years$1,833$1,140$683$398$227$32
42 years$1,770$1,085$641$367$206$27
43 years$1,709$1,034$601$339$187$24
44 years$1,652$986$565$313$170$20
45 years$1,597$940$530$289$154$17
46 years$1,544$897$498$267$140$15
47 years$1,494$856$468$247$127$13
48 years$1,447$817$440$228$115$11
49 years$1,401$780$413$211$105$9
50 years$1,357$745$388$195$95$8

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 $4,506 every year, while hoping to spend $20,690 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: 69/14/17 Blend
44$1,390,000$1,390,000$1,390,000$1,390,000
45$1,536,428$1,462,758$1,441,213$1,635,918
46$1,671,130$1,512,419$1,467,480$1,752,462
47$1,818,877$1,563,820$1,493,933$1,877,060
48$1,980,980$1,617,025$1,520,557$2,012,871
49$2,158,880$1,672,098$1,547,335$2,160,996
50$2,354,164$1,729,110$1,574,249$2,322,651
51$2,568,582$1,788,129$1,601,280$2,499,172
52$2,804,061$1,849,231$1,628,406$2,692,032
53$3,062,723$1,912,492$1,655,606$2,902,852
54$3,346,908$1,977,991$1,682,856$3,133,419
55$3,659,190$2,045,810$1,710,129$3,385,698
56$4,002,409$2,116,036$1,737,400$3,661,855
57$4,379,691$2,188,758$1,764,639$3,964,276
58$4,794,480$2,264,067$1,791,814$4,295,589
59$5,250,571$2,342,061$1,818,895$4,658,687
60$5,752,145$2,422,839$1,845,844$5,056,758
61$6,303,810$2,506,504$1,872,626$5,493,315
62$6,910,641$2,593,164$1,899,201$5,972,224
63$7,578,229$2,682,932$1,925,527$6,497,748
64$8,312,736$2,775,924$1,951,560$7,074,580
65$9,120,951$2,872,260$1,977,253$7,707,894
66$10,010,354$2,972,067$2,002,557$8,403,385
67$10,989,187$3,075,475$2,027,419$9,167,332
68$12,066,531$3,182,620$2,051,785$10,006,649
69$13,252,392$3,293,643$2,075,594$10,928,955
70$14,557,795$3,408,691$2,098,786$11,942,646
71$15,994,890$3,527,916$2,121,295$13,056,970
72$17,577,063$3,651,478$2,143,053$14,282,116
73$19,319,065$3,779,542$2,163,986$15,629,313
74$21,237,148$3,912,278$2,184,018$17,110,932
75$23,349,223$4,049,866$2,203,069$18,740,602
76$25,675,026$4,192,491$2,221,054$20,533,343
77$28,236,302$4,340,347$2,237,883$22,505,703
78$31,057,015$4,493,634$2,253,461$24,675,915
79$34,163,569$4,652,561$2,267,691$27,064,073
80$37,585,063$4,817,346$2,280,469$29,692,313
81$41,353,558$4,988,214$2,291,683$32,585,031
82$45,504,387$5,165,402$2,301,220$35,769,105
83$50,076,482$5,349,155$2,308,959$39,274,156
84$55,112,746$5,539,727$2,314,772$43,132,821
85$60,660,456$5,737,383$2,318,527$47,381,063
86$66,771,708$5,942,400$2,320,083$52,058,512
87$73,503,910$6,155,066$2,319,293$57,208,835
88$80,920,323$6,375,678$2,316,004$62,880,154
89$89,090,660$6,604,550$2,310,054$69,125,493
90$98,091,739$6,842,005$2,301,273$76,003,282
91$108,008,215$7,088,381$2,289,483$83,577,908
92$118,933,371$7,344,030$2,274,499$91,920,322
93$130,970,004$7,609,318$2,256,125$101,108,709
94$144,231,396$7,884,625$2,234,156$111,229,225
95$158,842,377$8,170,351$2,208,379$122,376,810
96$174,940,508$8,466,906$2,178,568$134,656,085
97$192,677,379$8,774,724$2,144,490$148,182,337
98$212,220,039$9,094,253$2,105,897$163,082,609
99$233,752,571$9,425,959$2,062,533$179,496,900
100$257,477,833$9,770,332$2,014,128$197,579,483