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

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$118,088$117,036$116,010$115,008$114,030$111,819
2 years$58,459$57,371$56,316$55,292$54,300$52,082
3 years$38,586$37,492$36,440$35,426$34,450$32,293
4 years$28,651$27,561$26,519$25,523$24,570$22,492
5 years$22,692$21,608$20,580$19,604$18,678$16,683
6 years$18,720$17,645$16,631$15,677$14,779$12,871
7 years$15,884$14,818$13,821$12,889$12,019$10,198
8 years$13,758$12,702$11,721$10,812$9,971$8,236
9 years$12,106$11,059$10,095$9,210$8,397$6,747
10 years$10,785$9,748$8,801$7,939$7,155$5,589
11 years$9,704$8,678$7,749$6,909$6,153$4,669
12 years$8,805$7,789$6,877$6,060$5,332$3,928
13 years$8,044$7,039$6,144$5,350$4,650$3,322
14 years$7,393$6,398$5,520$4,749$4,076$2,824
15 years$6,828$5,845$4,984$4,236$3,589$2,409
16 years$6,335$5,363$4,519$3,793$3,172$2,061
17 years$5,901$4,939$4,112$3,408$2,812$1,769
18 years$5,515$4,564$3,754$3,071$2,501$1,521
19 years$5,170$4,230$3,436$2,775$2,229$1,311
20 years$4,860$3,930$3,154$2,513$1,991$1,131
21 years$4,580$3,661$2,901$2,281$1,782$977
22 years$4,326$3,417$2,674$2,074$1,597$846
23 years$4,094$3,196$2,469$1,889$1,434$733
24 years$3,882$2,995$2,283$1,723$1,289$635
25 years$3,687$2,810$2,114$1,573$1,159$551
26 years$3,507$2,641$1,961$1,438$1,044$478
27 years$3,341$2,486$1,821$1,317$942$415
28 years$3,187$2,342$1,693$1,206$850$361
29 years$3,044$2,210$1,575$1,106$767$314
30 years$2,911$2,087$1,467$1,015$693$273
31 years$2,786$1,973$1,368$932$627$237
32 years$2,670$1,867$1,276$857$567$207
33 years$2,561$1,768$1,192$788$513$180
34 years$2,458$1,675$1,114$725$465$157
35 years$2,362$1,589$1,041$667$421$136
36 years$2,271$1,508$974$615$381$119
37 years$2,185$1,432$912$566$346$103
38 years$2,104$1,361$854$522$313$90
39 years$2,028$1,295$800$481$284$79
40 years$1,955$1,232$750$444$258$68
41 years$1,886$1,172$703$410$234$60
42 years$1,821$1,117$659$378$212$52
43 years$1,758$1,064$619$349$192$45
44 years$1,699$1,014$581$322$175$39
45 years$1,643$967$545$298$159$34
46 years$1,589$922$512$275$144$30
47 years$1,537$880$481$254$131$26
48 years$1,488$840$452$235$119$23
49 years$1,441$803$425$217$108$20
50 years$1,396$767$400$200$98$17

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 $6,229 every year, while hoping to spend $33,737 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: 32/43/25 Blend
44$1,430,000$1,430,000$1,430,000$1,430,000
45$1,582,285$1,506,495$1,484,330$1,620,627
46$1,707,782$1,544,418$1,498,159$1,688,188
47$1,844,950$1,583,067$1,511,321$1,757,464
48$1,994,941$1,622,445$1,523,757$1,831,404
49$2,159,029$1,662,548$1,535,407$1,910,443
50$2,338,613$1,703,376$1,546,206$1,995,055
51$2,535,235$1,744,925$1,556,087$2,085,765
52$2,750,591$1,787,189$1,564,979$2,183,151
53$2,986,552$1,830,161$1,572,806$2,287,851
54$3,245,176$1,873,835$1,579,491$2,400,567
55$3,528,731$1,918,199$1,584,950$2,522,071
56$3,839,713$1,963,243$1,589,098$2,653,218
57$4,180,874$2,008,952$1,591,842$2,794,948
58$4,555,242$2,055,310$1,593,088$2,948,297
59$4,966,156$2,102,299$1,592,736$3,114,407
60$5,417,290$2,149,898$1,590,679$3,294,540
61$5,912,695$2,198,084$1,586,808$3,490,083
62$6,456,831$2,246,831$1,581,007$3,702,568
63$7,054,611$2,296,109$1,573,154$3,933,683
64$7,711,449$2,345,886$1,563,122$4,185,291
65$8,433,308$2,396,126$1,550,778$4,459,442
66$9,226,759$2,446,790$1,535,983$4,758,401
67$10,099,039$2,497,833$1,518,589$5,084,663
68$11,058,123$2,549,209$1,498,444$5,440,978
69$12,112,797$2,600,865$1,475,387$5,830,380
70$13,272,740$2,652,745$1,449,250$6,256,214
71$14,548,617$2,704,787$1,419,857$6,722,167
72$15,952,177$2,756,924$1,387,024$7,232,305
73$17,496,369$2,809,083$1,350,559$7,791,112
74$19,195,456$2,861,185$1,310,260$8,403,530
75$21,065,155$2,913,145$1,265,916$9,075,008
76$23,122,784$2,964,873$1,217,307$9,811,556
77$25,387,424$3,016,268$1,164,203$10,619,799
78$27,880,100$3,067,223$1,106,363$11,507,040
79$30,623,979$3,117,626$1,043,534$12,481,332
80$33,644,586$3,167,351$975,454$13,551,554
81$36,970,050$3,216,267$901,848$14,727,494
82$40,631,363$3,264,232$822,428$16,019,942
83$44,662,676$3,311,094$736,894$17,440,797
84$49,101,622$3,356,690$644,932$19,003,175
85$53,989,665$3,400,846$546,216$20,721,534
86$59,372,499$3,443,375$440,402$22,611,816
87$65,300,472$3,484,079$327,134$24,691,593
88$71,829,066$3,522,745$206,038$26,980,240
89$79,019,417$3,559,145$76,726$29,499,112
90$86,938,892$3,593,038$0$32,271,751
91$95,661,729$3,624,167$0$35,340,456
92$105,269,729$3,652,255$0$38,740,395
93$115,853,036$3,677,010$0$42,482,735
94$127,510,983$3,698,121$0$46,602,362
95$140,353,031$3,715,256$0$51,137,727
96$154,499,798$3,728,062$0$56,131,205
97$170,084,205$3,736,165$0$61,629,499
98$187,252,723$3,739,165$0$67,684,079
99$206,166,757$3,736,640$0$74,351,672
100$227,004,171$3,728,141$0$81,694,795