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

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$115,611$114,581$113,576$112,596$111,638$110,518
2 years$57,233$56,167$55,134$54,132$53,161$52,033
3 years$37,776$36,706$35,675$34,683$33,727$32,626
4 years$28,050$26,983$25,963$24,987$24,055$22,989
5 years$22,216$21,155$20,148$19,193$18,286$17,259
6 years$18,327$17,274$16,283$15,349$14,469$13,482
7 years$15,551$14,507$13,531$12,619$11,767$10,820
8 years$13,470$12,435$11,475$10,586$9,762$8,855
9 years$11,852$10,827$9,884$9,017$8,221$7,354
10 years$10,558$9,544$8,617$7,772$7,005$6,177
11 years$9,501$8,496$7,586$6,764$6,024$5,235
12 years$8,620$7,626$6,732$5,933$5,221$4,469
13 years$7,875$6,891$6,015$5,238$4,552$3,838
14 years$7,237$6,264$5,405$4,650$3,991$3,312
15 years$6,685$5,722$4,880$4,147$3,514$2,870
16 years$6,203$5,250$4,424$3,713$3,105$2,496
17 years$5,777$4,835$4,026$3,336$2,753$2,177
18 years$5,399$4,468$3,675$3,007$2,448$1,903
19 years$5,062$4,141$3,364$2,717$2,182$1,668
20 years$4,758$3,848$3,088$2,460$1,949$1,464
21 years$4,484$3,584$2,840$2,233$1,744$1,288
22 years$4,235$3,346$2,617$2,030$1,563$1,134
23 years$4,008$3,129$2,417$1,849$1,403$1,000
24 years$3,800$2,932$2,235$1,686$1,261$882
25 years$3,609$2,751$2,070$1,540$1,135$779
26 years$3,434$2,586$1,920$1,408$1,022$689
27 years$3,271$2,434$1,783$1,289$922$610
28 years$3,120$2,293$1,657$1,181$832$540
29 years$2,980$2,163$1,542$1,083$751$478
30 years$2,850$2,043$1,437$994$679$424
31 years$2,728$1,931$1,339$913$614$376
32 years$2,614$1,827$1,250$839$555$333
33 years$2,507$1,731$1,167$771$502$296
34 years$2,407$1,640$1,090$710$455$262
35 years$2,312$1,556$1,019$653$412$233
36 years$2,224$1,477$953$602$373$207
37 years$2,140$1,402$892$554$338$184
38 years$2,060$1,333$836$511$307$163
39 years$1,985$1,267$783$471$278$145
40 years$1,914$1,206$734$435$252$129
41 years$1,847$1,148$688$401$229$115
42 years$1,782$1,093$646$370$208$102
43 years$1,721$1,042$606$342$188$91
44 years$1,663$993$569$315$171$80
45 years$1,608$947$534$291$155$72
46 years$1,555$903$501$269$141$64
47 years$1,505$862$471$249$128$57
48 years$1,457$823$443$230$116$50
49 years$1,411$786$416$212$106$45
50 years$1,367$751$391$196$96$40

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 $3,205 every year, while hoping to spend $51,969 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: 77/10/13 Blend
44$1,400,000$1,400,000$1,400,000$1,400,000
45$1,546,106$1,471,906$1,450,206$1,660,888
46$1,648,514$1,488,735$1,443,493$1,753,794
47$1,759,626$1,504,646$1,434,814$1,848,733
48$1,880,275$1,519,541$1,424,047$1,951,382
49$2,011,377$1,533,312$1,411,066$2,062,490
50$2,153,939$1,545,847$1,395,739$2,182,883
51$2,309,071$1,557,023$1,377,927$2,313,471
52$2,477,993$1,566,714$1,357,484$2,455,257
53$2,662,047$1,574,781$1,334,258$2,609,343
54$2,862,710$1,581,080$1,308,089$2,776,949
55$3,081,608$1,585,454$1,278,812$2,959,414
56$3,320,531$1,587,741$1,246,252$3,158,218
57$3,581,450$1,587,765$1,210,226$3,374,988
58$3,866,532$1,585,339$1,170,542$3,611,521
59$4,178,165$1,580,268$1,127,003$3,869,794
60$4,518,979$1,572,342$1,079,398$4,151,989
61$4,891,866$1,561,338$1,027,509$4,460,510
62$5,300,014$1,547,022$971,109$4,798,004
63$5,746,933$1,529,143$909,958$5,167,392
64$6,236,486$1,507,437$843,808$5,571,892
65$6,772,930$1,481,624$772,398$6,015,051
66$7,360,952$1,451,406$695,456$6,500,779
67$8,005,712$1,416,468$612,697$7,033,385
68$8,712,898$1,376,478$523,825$7,617,618
69$9,488,770$1,331,083$428,530$8,258,714
70$10,340,227$1,279,908$326,488$8,962,443
71$11,274,866$1,222,559$217,362$9,735,166
72$12,301,056$1,158,618$100,797$10,583,893
73$13,428,016$1,087,643$0$11,516,351
74$14,665,903$1,009,166$0$12,544,331
75$16,025,903$922,693$0$13,689,081
76$17,520,341$827,701$0$14,947,008
77$19,162,795$723,638$0$16,329,575
78$20,968,225$609,921$0$17,849,412
79$22,953,109$485,932$0$19,520,441
80$25,135,604$351,021$0$21,357,998
81$27,535,714$204,500$0$23,378,984
82$30,175,478$45,641$0$25,602,025
83$33,079,178$0$0$28,047,644
84$36,273,569$0$0$30,752,359
85$39,788,127$0$0$33,733,745
86$43,655,332$0$0$37,014,338
87$47,910,969$0$0$40,624,505
88$52,594,469$0$0$44,597,701
89$57,749,279$0$0$48,970,793
90$63,423,270$0$0$53,784,400
91$69,669,190$0$0$59,083,280
92$76,545,161$0$0$64,916,752
93$84,115,227$0$0$71,339,157
94$92,449,958$0$0$78,410,376
95$101,627,113$0$0$86,196,390
96$111,732,376$0$0$94,769,905
97$122,860,165$0$0$104,211,034
98$135,114,516$0$0$114,608,059
99$148,610,075$0$0$126,058,257
100$163,473,167$0$0$138,668,820