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

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$116,436$115,399$114,387$113,400$112,435$111,915
2 years$57,642$56,568$55,528$54,519$53,541$53,015
3 years$38,046$36,968$35,930$34,931$33,968$33,454
4 years$28,250$27,175$26,148$25,166$24,227$23,728
5 years$22,374$21,306$20,292$19,330$18,417$17,934
6 years$18,458$17,398$16,399$15,458$14,572$14,108
7 years$15,662$14,611$13,628$12,709$11,851$11,404
8 years$13,566$12,524$11,557$10,661$9,832$9,402
9 years$11,937$10,904$9,954$9,081$8,280$7,868
10 years$10,634$9,612$8,678$7,828$7,055$6,660
11 years$9,569$8,557$7,640$6,813$6,067$5,690
12 years$8,681$7,680$6,781$5,976$5,258$4,898
13 years$7,931$6,941$6,058$5,276$4,585$4,241
14 years$7,289$6,309$5,443$4,683$4,019$3,692
15 years$6,733$5,763$4,914$4,176$3,539$3,227
16 years$6,247$5,288$4,456$3,740$3,128$2,831
17 years$5,818$4,870$4,054$3,360$2,773$2,491
18 years$5,438$4,500$3,701$3,028$2,466$2,198
19 years$5,098$4,170$3,388$2,736$2,198$1,944
20 years$4,792$3,875$3,110$2,478$1,963$1,723
21 years$4,516$3,610$2,860$2,249$1,757$1,530
22 years$4,265$3,370$2,636$2,045$1,575$1,360
23 years$4,037$3,151$2,434$1,862$1,414$1,211
24 years$3,827$2,953$2,251$1,698$1,270$1,080
25 years$3,635$2,771$2,085$1,551$1,143$963
26 years$3,458$2,604$1,934$1,418$1,030$860
27 years$3,294$2,451$1,796$1,298$928$769
28 years$3,143$2,309$1,669$1,189$838$688
29 years$3,002$2,179$1,553$1,091$756$616
30 years$2,870$2,058$1,447$1,001$684$552
31 years$2,747$1,945$1,349$919$618$494
32 years$2,633$1,840$1,259$845$559$443
33 years$2,525$1,743$1,175$777$506$397
34 years$2,424$1,652$1,098$715$458$357
35 years$2,329$1,567$1,026$658$415$320
36 years$2,239$1,487$960$606$376$287
37 years$2,155$1,412$899$558$341$258
38 years$2,075$1,342$842$515$309$232
39 years$1,999$1,276$789$475$280$208
40 years$1,928$1,214$739$438$254$187
41 years$1,860$1,156$693$404$230$168
42 years$1,795$1,101$650$373$209$151
43 years$1,734$1,049$610$344$190$136
44 years$1,675$1,000$573$318$172$122
45 years$1,620$953$538$293$156$110
46 years$1,566$910$505$271$142$99
47 years$1,516$868$474$250$129$89
48 years$1,467$829$446$231$117$80
49 years$1,421$791$419$214$106$72
50 years$1,377$756$394$198$97$65

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 $6,759 every year, while hoping to spend $20,437 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: 71/17/12 Blend
44$1,410,000$1,410,000$1,410,000$1,410,000
45$1,560,792$1,486,062$1,464,207$1,667,204
46$1,698,248$1,537,134$1,491,513$1,789,681
47$1,849,039$1,590,024$1,519,049$1,920,568
48$2,014,505$1,644,799$1,546,801$2,063,302
49$2,196,120$1,701,529$1,574,753$2,219,045
50$2,395,507$1,760,287$1,602,891$2,389,082
51$2,614,456$1,821,149$1,631,195$2,574,822
52$2,854,939$1,884,193$1,659,648$2,777,819
53$3,119,125$1,949,501$1,688,229$2,999,785
54$3,409,408$2,017,158$1,716,917$3,242,603
55$3,728,421$2,087,253$1,745,687$3,508,348
56$4,079,069$2,159,877$1,774,516$3,799,305
57$4,464,548$2,235,125$1,803,377$4,117,989
58$4,888,383$2,313,097$1,832,241$4,467,172
59$5,354,455$2,393,896$1,861,078$4,849,906
60$5,867,042$2,477,629$1,889,857$5,269,552
61$6,430,854$2,564,408$1,918,541$5,729,813
62$7,051,086$2,654,348$1,947,097$6,234,767
63$7,733,455$2,747,570$1,975,483$6,788,906
64$8,484,266$2,844,199$2,003,660$7,397,181
65$9,310,462$2,944,366$2,031,584$8,065,041
66$10,219,696$3,048,206$2,059,209$8,798,492
67$11,220,398$3,155,862$2,086,485$9,604,150
68$12,321,858$3,267,478$2,113,362$10,489,303
69$13,534,312$3,383,208$2,139,783$11,461,981
70$14,869,037$3,503,212$2,165,692$12,531,029
71$16,338,464$3,627,653$2,191,027$13,706,194
72$17,956,284$3,756,705$2,215,724$14,998,212
73$19,737,588$3,890,547$2,239,713$16,418,912
74$21,699,002$4,029,364$2,262,924$17,981,330
75$23,858,848$4,173,351$2,285,280$19,699,825
76$26,237,315$4,322,710$2,306,701$21,590,220
77$28,856,649$4,477,650$2,327,103$23,669,947
78$31,741,363$4,638,391$2,346,398$25,958,215
79$34,918,470$4,805,160$2,364,490$28,476,187
80$38,417,736$4,978,195$2,381,282$31,247,185
81$42,271,961$5,157,742$2,396,671$34,296,901
82$46,517,289$5,344,060$2,410,548$37,653,650
83$51,193,549$5,537,414$2,422,797$41,348,626
84$56,344,629$5,738,086$2,433,298$45,416,205
85$62,018,893$5,946,364$2,441,926$49,894,263
86$68,269,636$6,162,552$2,448,547$54,824,538
87$75,155,587$6,386,965$2,453,021$60,253,019
88$82,741,461$6,619,931$2,455,202$66,230,382
89$91,098,575$6,861,792$2,454,936$72,812,467
90$100,305,516$7,112,906$2,452,062$80,060,806
91$110,448,883$7,373,643$2,446,411$88,043,203
92$121,624,109$7,644,391$2,437,805$96,834,373
93$133,936,354$7,925,553$2,426,058$106,516,644
94$147,501,506$8,217,549$2,410,975$117,180,741
95$162,447,269$8,520,817$2,392,351$128,926,634
96$178,914,368$8,835,815$2,369,973$141,864,486
97$197,057,882$9,163,019$2,343,616$156,115,689
98$217,048,703$9,502,924$2,313,044$171,814,014
99$239,075,152$9,856,049$2,278,012$189,106,867
100$263,344,755$10,222,932$2,238,263$208,156,687