Can I retire at age 45 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$118,088$117,036$116,010$115,008$114,030$110,691
2 years$58,459$57,371$56,316$55,292$54,300$50,962
3 years$38,586$37,492$36,440$35,426$34,450$31,219
4 years$28,651$27,561$26,519$25,523$24,570$21,471
5 years$22,692$21,608$20,580$19,604$18,678$15,718
6 years$18,720$17,645$16,631$15,677$14,779$11,962
7 years$15,884$14,818$13,821$12,889$12,019$9,345
8 years$13,758$12,702$11,721$10,812$9,971$7,438
9 years$12,106$11,059$10,095$9,210$8,397$6,002
10 years$10,785$9,748$8,801$7,939$7,155$4,895
11 years$9,704$8,678$7,749$6,909$6,153$4,025
12 years$8,805$7,789$6,877$6,060$5,332$3,331
13 years$8,044$7,039$6,144$5,350$4,650$2,771
14 years$7,393$6,398$5,520$4,749$4,076$2,315
15 years$6,828$5,845$4,984$4,236$3,589$1,940
16 years$6,335$5,363$4,519$3,793$3,172$1,631
17 years$5,901$4,939$4,112$3,408$2,812$1,374
18 years$5,515$4,564$3,754$3,071$2,501$1,160
19 years$5,170$4,230$3,436$2,775$2,229$981
20 years$4,860$3,930$3,154$2,513$1,991$831
21 years$4,580$3,661$2,901$2,281$1,782$705
22 years$4,326$3,417$2,674$2,074$1,597$598
23 years$4,094$3,196$2,469$1,889$1,434$508
24 years$3,882$2,995$2,283$1,723$1,289$432
25 years$3,687$2,810$2,114$1,573$1,159$367
26 years$3,507$2,641$1,961$1,438$1,044$312
27 years$3,341$2,486$1,821$1,317$942$266
28 years$3,187$2,342$1,693$1,206$850$226
29 years$3,044$2,210$1,575$1,106$767$193
30 years$2,911$2,087$1,467$1,015$693$164
31 years$2,786$1,973$1,368$932$627$140
32 years$2,670$1,867$1,276$857$567$119
33 years$2,561$1,768$1,192$788$513$102
34 years$2,458$1,675$1,114$725$465$87
35 years$2,362$1,589$1,041$667$421$74
36 years$2,271$1,508$974$615$381$63
37 years$2,185$1,432$912$566$346$54
38 years$2,104$1,361$854$522$313$46
39 years$2,028$1,295$800$481$284$39
40 years$1,955$1,232$750$444$258$33
41 years$1,886$1,172$703$410$234$28
42 years$1,821$1,117$659$378$212$24
43 years$1,758$1,064$619$349$192$21
44 years$1,699$1,014$581$322$175$18
45 years$1,643$967$545$298$159$15
46 years$1,589$922$512$275$144$13
47 years$1,537$880$481$254$131$11
48 years$1,488$840$452$235$119$9
49 years$1,441$803$425$217$108$8
50 years$1,396$767$400$200$98$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,430,000, adding $6,498 every year, while hoping to spend $28,541 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: 23/48/29 Blend
44$1,430,000$1,430,000$1,430,000$1,430,000
45$1,582,563$1,506,773$1,484,608$1,604,386
46$1,713,617$1,550,237$1,503,975$1,667,394
47$1,857,082$1,594,875$1,523,034$1,731,999
48$2,014,193$1,640,713$1,541,745$1,800,565
49$2,186,312$1,687,779$1,560,065$1,873,438
50$2,374,938$1,736,102$1,577,949$1,950,998
51$2,581,720$1,785,710$1,595,349$2,033,664
52$2,808,478$1,836,632$1,612,215$2,121,896
53$3,057,212$1,888,896$1,628,493$2,216,201
54$3,330,129$1,942,533$1,644,129$2,317,135
55$3,629,657$1,997,572$1,659,062$2,425,312
56$3,958,472$2,054,044$1,673,231$2,541,407
57$4,319,523$2,111,978$1,686,571$2,666,162
58$4,716,054$2,171,406$1,699,011$2,800,394
59$5,151,645$2,232,357$1,710,481$2,945,006
60$5,630,234$2,294,864$1,720,903$3,100,987
61$6,156,162$2,358,957$1,730,198$3,269,430
62$6,734,212$2,424,667$1,738,281$3,451,538
63$7,369,652$2,492,026$1,745,063$3,648,635
64$8,068,285$2,561,064$1,750,452$3,862,180
65$8,836,508$2,631,814$1,754,350$4,093,781
66$9,681,365$2,704,306$1,756,654$4,345,208
67$10,610,619$2,778,572$1,757,257$4,618,413
68$11,632,822$2,854,642$1,756,045$4,915,544
69$12,757,398$2,932,547$1,752,900$5,238,970
70$13,994,727$3,012,317$1,747,697$5,591,300
71$15,356,251$3,093,982$1,740,307$5,975,411
72$16,854,573$3,177,571$1,730,591$6,394,471
73$18,503,582$3,263,114$1,718,408$6,851,971
74$20,318,579$3,350,639$1,703,607$7,351,760
75$22,316,427$3,440,173$1,686,030$7,898,078
76$24,515,703$3,531,742$1,665,513$8,495,598
77$26,936,881$3,625,373$1,641,884$9,149,470
78$29,602,516$3,721,090$1,614,961$9,865,370
79$32,537,466$3,818,917$1,584,555$10,649,553
80$35,769,119$3,918,875$1,550,468$11,508,913
81$39,327,654$4,020,985$1,512,494$12,451,049
82$43,246,328$4,125,266$1,470,416$13,484,332
83$47,561,784$4,231,736$1,424,006$14,617,994
84$52,314,404$4,340,409$1,373,028$15,862,204
85$57,548,683$4,451,298$1,317,234$17,228,173
86$63,313,652$4,564,415$1,256,365$18,728,256
87$69,663,340$4,679,767$1,190,148$20,376,072
88$76,657,284$4,797,359$1,118,302$22,186,627
89$84,361,092$4,917,195$1,040,530$24,176,464
90$92,847,059$5,039,272$956,523$26,363,813
91$102,194,850$5,163,587$865,958$28,768,768
92$112,492,253$5,290,132$768,496$31,413,474
93$123,836,007$5,418,893$663,785$34,322,338
94$136,332,715$5,549,854$551,457$37,522,262
95$150,099,849$5,682,994$431,128$41,042,894
96$165,266,858$5,818,285$302,395$44,916,910
97$181,976,392$5,955,695$164,839$49,180,326
98$200,385,646$6,095,186$18,024$53,872,833
99$220,667,845$6,236,714$0$59,038,178
100$243,013,879$6,380,227$0$64,767,479