Can I retire at age 45 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$116,436$115,399$114,387$113,400$112,435$110,573
2 years$57,642$56,568$55,528$54,519$53,541$51,669
3 years$38,046$36,968$35,930$34,931$33,968$32,147
4 years$28,250$27,175$26,148$25,166$24,227$22,469
5 years$22,374$21,306$20,292$19,330$18,417$16,728
6 years$18,458$17,398$16,399$15,458$14,572$12,954
7 years$15,662$14,611$13,628$12,709$11,851$10,305
8 years$13,566$12,524$11,557$10,661$9,832$8,356
9 years$11,937$10,904$9,954$9,081$8,280$6,874
10 years$10,634$9,612$8,678$7,828$7,055$5,718
11 years$9,569$8,557$7,640$6,813$6,067$4,798
12 years$8,681$7,680$6,781$5,976$5,258$4,055
13 years$7,931$6,941$6,058$5,276$4,585$3,446
14 years$7,289$6,309$5,443$4,683$4,019$2,942
15 years$6,733$5,763$4,914$4,176$3,539$2,522
16 years$6,247$5,288$4,456$3,740$3,128$2,169
17 years$5,818$4,870$4,054$3,360$2,773$1,870
18 years$5,438$4,500$3,701$3,028$2,466$1,617
19 years$5,098$4,170$3,388$2,736$2,198$1,400
20 years$4,792$3,875$3,110$2,478$1,963$1,215
21 years$4,516$3,610$2,860$2,249$1,757$1,055
22 years$4,265$3,370$2,636$2,045$1,575$918
23 years$4,037$3,151$2,434$1,862$1,414$800
24 years$3,827$2,953$2,251$1,698$1,270$697
25 years$3,635$2,771$2,085$1,551$1,143$608
26 years$3,458$2,604$1,934$1,418$1,030$531
27 years$3,294$2,451$1,796$1,298$928$464
28 years$3,143$2,309$1,669$1,189$838$405
29 years$3,002$2,179$1,553$1,091$756$354
30 years$2,870$2,058$1,447$1,001$684$310
31 years$2,747$1,945$1,349$919$618$271
32 years$2,633$1,840$1,259$845$559$237
33 years$2,525$1,743$1,175$777$506$208
34 years$2,424$1,652$1,098$715$458$182
35 years$2,329$1,567$1,026$658$415$159
36 years$2,239$1,487$960$606$376$140
37 years$2,155$1,412$899$558$341$122
38 years$2,075$1,342$842$515$309$107
39 years$1,999$1,276$789$475$280$94
40 years$1,928$1,214$739$438$254$82
41 years$1,860$1,156$693$404$230$72
42 years$1,795$1,101$650$373$209$63
43 years$1,734$1,049$610$344$190$56
44 years$1,675$1,000$573$318$172$49
45 years$1,620$953$538$293$156$43
46 years$1,566$910$505$271$142$37
47 years$1,516$868$474$250$129$33
48 years$1,467$829$446$231$117$29
49 years$1,421$791$419$214$106$25
50 years$1,377$756$394$198$97$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,410,000, adding $3,927 every year, while hoping to spend $52,919 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: 38/37/25 Blend
44$1,410,000$1,410,000$1,410,000$1,410,000
45$1,557,871$1,483,141$1,461,286$1,605,321
46$1,660,468$1,499,509$1,453,933$1,656,677
47$1,771,757$1,514,906$1,444,561$1,706,950
48$1,892,568$1,529,228$1,433,045$1,760,244
49$2,023,814$1,542,365$1,419,257$1,816,864
50$2,166,501$1,554,198$1,403,060$1,877,150
51$2,321,734$1,564,604$1,384,312$1,941,482
52$2,490,729$1,573,448$1,362,865$2,010,277
53$2,674,826$1,580,590$1,338,564$2,084,002
54$2,875,497$1,585,877$1,311,244$2,163,172
55$3,094,363$1,589,151$1,280,737$2,248,361
56$3,333,209$1,590,240$1,246,862$2,340,204
57$3,593,999$1,588,965$1,209,435$2,439,405
58$3,878,895$1,585,132$1,168,259$2,546,744
59$4,190,277$1,578,537$1,123,130$2,663,086
60$4,530,765$1,568,966$1,073,835$2,789,391
61$4,903,245$1,556,187$1,020,150$2,926,719
62$5,310,894$1,539,958$961,843$3,076,246
63$5,757,210$1,520,021$898,670$3,239,275
64$6,246,045$1,496,102$830,375$3,417,246
65$6,781,642$1,467,911$756,692$3,611,755
66$7,368,672$1,435,141$677,345$3,824,568
67$8,012,281$1,397,468$592,040$4,057,639
68$8,718,137$1,354,547$500,477$4,313,129
69$9,492,481$1,306,014$402,337$4,593,428
70$10,342,189$1,251,483$297,290$4,901,181
71$11,274,833$1,190,547$184,990$5,239,312
72$12,298,756$1,122,774$65,077$5,611,054
73$13,423,146$1,047,707$0$6,019,981
74$14,658,127$964,864$0$6,486,819
75$16,014,849$873,736$0$7,018,774
76$17,505,597$773,782$0$7,603,402
77$19,143,904$664,434$0$8,246,150
78$20,944,680$545,088$0$8,953,025
79$22,924,349$415,110$0$9,730,659
80$25,101,010$273,827$0$10,586,368
81$27,494,598$120,530$0$11,528,225
82$30,127,081$0$0$12,565,137
83$33,022,661$0$0$13,725,467
84$36,208,001$0$0$15,056,113
85$39,712,484$0$0$16,520,300
86$43,568,478$0$0$18,131,580
87$47,811,651$0$0$19,904,887
88$52,481,302$0$0$21,856,674
89$57,620,733$0$0$24,005,069
90$63,277,656$0$0$26,370,050
91$69,504,642$0$0$28,973,628
92$76,359,620$0$0$31,840,056
93$83,906,419$0$0$34,996,060
94$92,215,372$0$0$38,471,089
95$101,363,979$0$0$42,297,592
96$111,437,638$0$0$46,511,325
97$122,530,447$0$0$51,151,689
98$134,746,097$0$0$56,262,101
99$148,198,845$0$0$61,890,403
100$163,014,597$0$0$68,089,312