Can I retire at age 45 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$119,740$118,673$117,632$116,617$115,625$113,803
2 years$59,277$58,173$57,103$56,066$55,060$53,229
3 years$39,125$38,017$36,950$35,922$34,932$33,149
4 years$29,052$27,946$26,890$25,880$24,914$23,193
5 years$23,009$21,910$20,868$19,878$18,939$17,285
6 years$18,982$17,891$16,864$15,897$14,986$13,400
7 years$16,106$15,025$14,014$13,070$12,188$10,671
8 years$13,951$12,879$11,885$10,964$10,111$8,663
9 years$12,275$11,214$10,237$9,339$8,515$7,135
10 years$10,935$9,884$8,925$8,050$7,255$5,943
11 years$9,840$8,799$7,857$7,006$6,239$4,993
12 years$8,928$7,898$6,973$6,145$5,407$4,225
13 years$8,156$7,137$6,230$5,425$4,715$3,595
14 years$7,496$6,488$5,598$4,816$4,133$3,074
15 years$6,924$5,927$5,054$4,295$3,639$2,638
16 years$6,424$5,438$4,582$3,846$3,216$2,272
17 years$5,983$5,008$4,169$3,455$2,852$1,962
18 years$5,592$4,627$3,806$3,114$2,536$1,699
19 years$5,242$4,289$3,484$2,814$2,260$1,473
20 years$4,928$3,985$3,198$2,548$2,019$1,280
21 years$4,644$3,712$2,941$2,313$1,807$1,114
22 years$4,386$3,465$2,711$2,103$1,619$970
23 years$4,151$3,241$2,503$1,915$1,454$846
24 years$3,936$3,036$2,315$1,747$1,307$739
25 years$3,738$2,850$2,144$1,595$1,176$646
26 years$3,556$2,678$1,989$1,459$1,059$565
27 years$3,388$2,520$1,846$1,335$955$494
28 years$3,232$2,375$1,717$1,223$862$432
29 years$3,087$2,241$1,597$1,122$778$379
30 years$2,952$2,116$1,488$1,029$703$332
31 years$2,825$2,000$1,387$945$635$291
32 years$2,707$1,893$1,294$869$575$255
33 years$2,597$1,792$1,208$799$520$224
34 years$2,493$1,699$1,129$735$471$196
35 years$2,395$1,611$1,056$677$427$172
36 years$2,303$1,529$988$623$387$151
37 years$2,216$1,453$924$574$350$133
38 years$2,134$1,380$866$529$318$116
39 years$2,056$1,313$811$488$288$102
40 years$1,982$1,249$760$450$261$90
41 years$1,912$1,189$713$415$237$79
42 years$1,846$1,132$669$383$215$69
43 years$1,783$1,079$627$354$195$61
44 years$1,723$1,028$589$327$177$53
45 years$1,666$981$553$302$161$47
46 years$1,611$935$519$279$146$41
47 years$1,559$893$488$257$133$36
48 years$1,509$852$458$238$120$32
49 years$1,461$814$431$220$109$28
50 years$1,416$777$405$203$99$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,450,000, adding $5,406 every year, while hoping to spend $48,717 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: 30/43/27 Blend
44$1,450,000$1,450,000$1,450,000$1,450,000
45$1,603,476$1,526,626$1,504,151$1,638,112
46$1,715,196$1,549,596$1,502,706$1,688,490
47$1,836,679$1,572,059$1,499,579$1,738,011
48$1,968,869$1,593,939$1,494,664$1,790,313
49$2,112,805$1,615,153$1,487,846$1,845,670
50$2,269,630$1,635,615$1,479,008$1,904,389
51$2,440,603$1,655,231$1,468,026$1,966,808
52$2,627,109$1,673,901$1,454,769$2,033,305
53$2,830,671$1,691,520$1,439,101$2,104,298
54$3,052,968$1,707,973$1,420,879$2,180,249
55$3,295,847$1,723,139$1,399,955$2,261,674
56$3,561,341$1,736,891$1,376,171$2,349,144
57$3,851,689$1,749,090$1,349,364$2,443,290
58$4,169,356$1,759,589$1,319,362$2,544,814
59$4,517,055$1,768,235$1,285,986$2,654,494
60$4,897,777$1,774,860$1,249,048$2,773,190
61$5,314,811$1,779,290$1,208,353$2,901,857
62$5,771,784$1,781,336$1,163,694$3,041,551
63$6,272,685$1,780,801$1,114,857$3,193,443
64$6,821,912$1,777,474$1,061,618$3,358,828
65$7,424,307$1,771,129$1,003,742$3,539,142
66$8,085,202$1,761,531$940,984$3,735,970
67$8,810,473$1,748,426$873,087$3,951,072
68$9,606,590$1,731,548$799,784$4,186,390
69$10,480,680$1,710,612$720,795$4,444,075
70$11,440,596$1,685,318$635,827$4,726,506
71$12,494,985$1,655,347$544,576$5,036,314
72$13,653,377$1,620,363$446,723$5,376,408
73$14,926,268$1,580,007$341,935$5,750,004
74$16,325,222$1,533,901$229,864$6,160,657
75$17,862,978$1,481,646$110,147$6,612,299
76$19,553,571$1,422,816$0$7,109,271
77$21,412,465$1,356,963$0$7,661,447
78$23,456,695$1,283,614$0$8,303,251
79$25,705,032$1,202,265$0$9,008,896
80$28,178,155$1,112,386$0$9,784,977
81$30,898,851$1,013,416$0$10,638,773
82$33,892,222$904,763$0$11,578,316
83$37,185,931$785,798$0$12,612,466
84$40,810,454$655,860$0$13,750,999
85$44,799,373$514,250$0$15,004,701
86$49,189,688$360,227$0$16,385,469
87$54,022,170$193,012$0$17,906,430
88$59,341,742$11,780$0$19,582,061
89$65,197,904$0$0$21,428,333
90$71,645,198$0$0$23,550,086
91$78,743,725$0$0$25,892,581
92$86,559,709$0$0$28,472,133
93$95,166,123$0$0$31,312,861
94$104,643,378$0$0$34,441,346
95$115,080,077$0$0$37,886,876
96$126,573,857$0$0$41,681,723
97$139,232,303$0$0$45,861,453
98$153,173,971$0$0$50,465,252
99$168,529,498$0$0$55,536,307
100$185,442,839$0$0$61,122,202