Can I retire at age 45 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$115,611$114,581$113,576$112,596$111,638$110,472
2 years$57,233$56,167$55,134$54,132$53,161$51,987
3 years$37,776$36,706$35,675$34,683$33,727$32,582
4 years$28,050$26,983$25,963$24,987$24,055$22,946
5 years$22,216$21,155$20,148$19,193$18,286$17,218
6 years$18,327$17,274$16,283$15,349$14,469$13,442
7 years$15,551$14,507$13,531$12,619$11,767$10,782
8 years$13,470$12,435$11,475$10,586$9,762$8,819
9 years$11,852$10,827$9,884$9,017$8,221$7,320
10 years$10,558$9,544$8,617$7,772$7,005$6,145
11 years$9,501$8,496$7,586$6,764$6,024$5,205
12 years$8,620$7,626$6,732$5,933$5,221$4,440
13 years$7,875$6,891$6,015$5,238$4,552$3,811
14 years$7,237$6,264$5,405$4,650$3,991$3,287
15 years$6,685$5,722$4,880$4,147$3,514$2,846
16 years$6,203$5,250$4,424$3,713$3,105$2,473
17 years$5,777$4,835$4,026$3,336$2,753$2,156
18 years$5,399$4,468$3,675$3,007$2,448$1,883
19 years$5,062$4,141$3,364$2,717$2,182$1,649
20 years$4,758$3,848$3,088$2,460$1,949$1,447
21 years$4,484$3,584$2,840$2,233$1,744$1,271
22 years$4,235$3,346$2,617$2,030$1,563$1,118
23 years$4,008$3,129$2,417$1,849$1,403$985
24 years$3,800$2,932$2,235$1,686$1,261$869
25 years$3,609$2,751$2,070$1,540$1,135$767
26 years$3,434$2,586$1,920$1,408$1,022$678
27 years$3,271$2,434$1,783$1,289$922$599
28 years$3,120$2,293$1,657$1,181$832$530
29 years$2,980$2,163$1,542$1,083$751$469
30 years$2,850$2,043$1,437$994$679$415
31 years$2,728$1,931$1,339$913$614$368
32 years$2,614$1,827$1,250$839$555$326
33 years$2,507$1,731$1,167$771$502$289
34 years$2,407$1,640$1,090$710$455$256
35 years$2,312$1,556$1,019$653$412$227
36 years$2,224$1,477$953$602$373$202
37 years$2,140$1,402$892$554$338$179
38 years$2,060$1,333$836$511$307$159
39 years$1,985$1,267$783$471$278$141
40 years$1,914$1,206$734$435$252$125
41 years$1,847$1,148$688$401$229$111
42 years$1,782$1,093$646$370$208$99
43 years$1,721$1,042$606$342$188$88
44 years$1,663$993$569$315$171$78
45 years$1,608$947$534$291$155$69
46 years$1,555$903$501$269$141$62
47 years$1,505$862$471$249$128$55
48 years$1,457$823$443$230$116$49
49 years$1,411$786$416$212$106$43
50 years$1,367$751$391$196$96$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,400,000, adding $4,101 every year, while hoping to spend $48,759 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: 60/24/16 Blend
44$1,400,000$1,400,000$1,400,000$1,400,000
45$1,547,030$1,472,830$1,451,130$1,633,324
46$1,652,948$1,493,120$1,447,864$1,712,319
47$1,768,035$1,512,769$1,442,854$1,792,661
48$1,893,176$1,531,696$1,435,990$1,879,166
49$2,029,342$1,549,811$1,427,158$1,972,436
50$2,177,604$1,567,020$1,416,237$2,073,133
51$2,339,138$1,583,223$1,403,099$2,181,991
52$2,515,240$1,598,311$1,387,613$2,299,817
53$2,707,336$1,612,170$1,369,640$2,427,503
54$2,916,996$1,624,678$1,349,035$2,566,030
55$3,145,947$1,635,704$1,325,644$2,716,485
56$3,396,090$1,645,110$1,299,310$2,880,062
57$3,669,519$1,652,749$1,269,865$3,058,082
58$3,968,540$1,658,463$1,237,135$3,252,001
59$4,295,690$1,662,087$1,200,938$3,463,425
60$4,653,763$1,663,442$1,161,082$3,694,125
61$5,045,837$1,662,341$1,117,369$3,946,056
62$5,475,300$1,658,583$1,069,588$4,221,374
63$5,945,884$1,651,958$1,017,523$4,522,457
64$6,461,700$1,642,239$960,945$4,851,929
65$7,027,272$1,629,187$899,616$5,212,682
66$7,647,587$1,612,551$833,287$5,607,908
67$8,328,136$1,592,060$761,696$6,041,128
68$9,074,965$1,567,431$684,573$6,516,223
69$9,894,739$1,538,362$601,633$7,037,477
70$10,794,794$1,504,534$512,580$7,609,613
71$11,783,215$1,465,608$417,103$8,237,838
72$12,868,906$1,421,226$314,879$8,927,898
73$14,061,678$1,371,010$205,571$9,686,127
74$15,372,337$1,314,557$88,826$10,519,513
75$16,812,789$1,251,444$0$11,435,760
76$18,396,149$1,181,220$0$12,449,468
77$20,136,869$1,103,413$0$13,580,483
78$22,050,868$1,017,519$0$14,824,022
79$24,155,686$923,007$0$16,191,550
80$26,470,648$819,316$0$17,695,702
81$29,017,046$705,854$0$19,350,406
82$31,818,337$581,993$0$21,171,015
83$34,900,368$447,072$0$23,174,453
84$38,291,619$300,391$0$25,379,371
85$42,023,467$141,213$0$27,806,332
86$46,130,485$0$0$30,477,998
87$50,650,769$0$0$33,427,602
88$55,626,293$0$0$36,715,444
89$61,103,309$0$0$40,334,810
90$67,132,780$0$0$44,319,395
91$73,770,860$0$0$48,706,326
92$81,079,426$0$0$53,536,515
93$89,126,660$0$0$58,855,040
94$97,987,691$0$0$64,711,575
95$107,745,306$0$0$71,160,857
96$118,490,728$0$0$78,263,199
97$130,324,478$0$0$86,085,064
98$143,357,323$0$0$94,699,689
99$157,711,321$0$0$104,187,775
100$173,520,970$0$0$114,638,250