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%11.5%
1 years$114,785$113,762$112,765$111,791$110,841$110,142
2 years$56,824$55,766$54,740$53,746$52,781$52,077
3 years$37,507$36,444$35,421$34,435$33,487$32,798
4 years$27,850$26,790$25,777$24,809$23,883$23,215
5 years$22,057$21,004$20,004$19,056$18,155$17,511
6 years$18,196$17,151$16,166$15,239$14,366$13,745
7 years$15,440$14,403$13,434$12,529$11,683$11,086
8 years$13,374$12,346$11,393$10,510$9,692$9,120
9 years$11,767$10,750$9,813$8,952$8,162$7,614
10 years$10,483$9,475$8,555$7,717$6,955$6,430
11 years$9,433$8,435$7,532$6,716$5,981$5,480
12 years$8,558$7,571$6,684$5,891$5,183$4,705
13 years$7,819$6,842$5,972$5,201$4,520$4,064
14 years$7,186$6,219$5,366$4,617$3,962$3,528
15 years$6,637$5,681$4,845$4,117$3,489$3,076
16 years$6,158$5,213$4,392$3,687$3,083$2,691
17 years$5,736$4,801$3,997$3,312$2,734$2,362
18 years$5,361$4,436$3,649$2,985$2,431$2,078
19 years$5,025$4,111$3,340$2,697$2,167$1,833
20 years$4,724$3,820$3,065$2,443$1,935$1,620
21 years$4,452$3,559$2,820$2,217$1,732$1,434
22 years$4,205$3,322$2,599$2,016$1,552$1,271
23 years$3,979$3,107$2,399$1,836$1,393$1,128
24 years$3,773$2,911$2,219$1,674$1,252$1,003
25 years$3,584$2,732$2,055$1,529$1,127$892
26 years$3,409$2,567$1,906$1,398$1,015$794
27 years$3,248$2,416$1,770$1,280$915$708
28 years$3,098$2,277$1,646$1,173$826$631
29 years$2,959$2,148$1,531$1,075$746$563
30 years$2,829$2,028$1,426$987$674$503
31 years$2,709$1,918$1,330$906$609$449
32 years$2,595$1,814$1,241$833$551$401
33 years$2,489$1,718$1,158$766$499$359
34 years$2,390$1,628$1,082$705$452$321
35 years$2,296$1,545$1,012$649$409$287
36 years$2,208$1,466$947$597$371$257
37 years$2,124$1,392$886$551$336$230
38 years$2,046$1,323$830$507$304$206
39 years$1,971$1,258$777$468$276$184
40 years$1,900$1,197$729$432$250$165
41 years$1,833$1,140$683$398$227$148
42 years$1,770$1,085$641$367$206$132
43 years$1,709$1,034$601$339$187$119
44 years$1,652$986$565$313$170$106
45 years$1,597$940$530$289$154$95
46 years$1,544$897$498$267$140$85
47 years$1,494$856$468$247$127$76
48 years$1,447$817$440$228$115$69
49 years$1,401$780$413$211$105$61
50 years$1,357$745$388$195$95$55

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 $5,347 every year, while hoping to spend $56,509 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: 37/44/19 Blend
44$1,390,000$1,390,000$1,390,000$1,390,000
45$1,537,295$1,463,625$1,442,080$1,585,180
46$1,633,974$1,475,218$1,430,265$1,631,940
47$1,738,621$1,485,485$1,416,160$1,676,702
48$1,851,987$1,494,301$1,399,628$1,723,878
49$1,974,902$1,501,534$1,380,528$1,773,715
50$2,108,276$1,507,042$1,358,709$1,826,491
51$2,253,109$1,510,677$1,334,016$1,882,515
52$2,410,504$1,512,278$1,306,283$1,942,130
53$2,581,672$1,511,676$1,275,340$2,005,718
54$2,767,946$1,508,691$1,241,007$2,073,704
55$2,970,793$1,503,133$1,203,097$2,146,563
56$3,191,826$1,494,799$1,161,413$2,224,819
57$3,432,822$1,483,474$1,115,750$2,309,059
58$3,695,736$1,468,930$1,065,894$2,399,931
59$3,982,719$1,450,926$1,011,619$2,498,158
60$4,296,140$1,429,205$952,692$2,604,542
61$4,638,606$1,403,495$888,867$2,719,972
62$5,012,988$1,373,510$819,888$2,845,435
63$5,422,445$1,338,946$745,487$2,982,028
64$5,870,459$1,299,478$665,385$3,130,966
65$6,360,860$1,254,767$579,290$3,293,597
66$6,897,868$1,204,451$486,897$3,471,414
67$7,486,130$1,148,148$387,886$3,666,073
68$8,130,761$1,085,453$281,926$3,879,410
69$8,837,397$1,015,939$168,670$4,113,455
70$9,612,246$939,154$47,754$4,370,461
71$10,462,142$854,619$0$4,652,920
72$11,394,615$761,830$0$4,980,070
73$12,417,958$660,252$0$5,349,889
74$13,541,307$549,322$0$5,756,150
75$14,774,724$428,442$0$6,202,681
76$16,129,293$296,984$0$6,693,709
77$17,617,227$154,282$0$7,233,905
78$19,251,976$0$0$7,828,431
79$21,048,361$0$0$8,483,163
80$23,022,706$0$0$9,285,061
81$25,192,998$0$0$10,166,756
82$27,579,051$0$0$11,136,324
83$30,202,698$0$0$12,202,664
84$33,087,990$0$0$13,375,580
85$36,261,428$0$0$14,665,872
86$39,752,207$0$0$16,085,442
87$43,592,498$0$0$17,647,404
88$47,817,743$0$0$19,366,205
89$52,466,997$0$0$21,257,765
90$57,583,287$0$0$23,339,625
91$63,214,025$0$0$25,631,111
92$69,411,452$0$0$28,153,521
93$76,233,129$0$0$30,930,320
94$83,742,480$0$0$33,987,364
95$92,009,393$0$0$37,353,145
96$101,110,874$0$0$41,059,056
97$111,131,777$0$0$45,139,690
98$122,165,601$0$0$49,633,166
99$134,315,374$0$0$54,581,488
100$147,694,624$0$0$60,030,939