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%14.6%
1 years$119,740$118,673$117,632$116,617$115,625$113,430
2 years$59,277$58,173$57,103$56,066$55,060$52,856
3 years$39,125$38,017$36,950$35,922$34,932$32,790
4 years$29,052$27,946$26,890$25,880$24,914$22,849
5 years$23,009$21,910$20,868$19,878$18,939$16,957
6 years$18,982$17,891$16,864$15,897$14,986$13,089
7 years$16,106$15,025$14,014$13,070$12,188$10,377
8 years$13,951$12,879$11,885$10,964$10,111$8,385
9 years$12,275$11,214$10,237$9,339$8,515$6,874
10 years$10,935$9,884$8,925$8,050$7,255$5,697
11 years$9,840$8,799$7,857$7,006$6,239$4,762
12 years$8,928$7,898$6,973$6,145$5,407$4,009
13 years$8,156$7,137$6,230$5,425$4,715$3,393
14 years$7,496$6,488$5,598$4,816$4,133$2,886
15 years$6,924$5,927$5,054$4,295$3,639$2,463
16 years$6,424$5,438$4,582$3,846$3,216$2,110
17 years$5,983$5,008$4,169$3,455$2,852$1,811
18 years$5,592$4,627$3,806$3,114$2,536$1,559
19 years$5,242$4,289$3,484$2,814$2,260$1,344
20 years$4,928$3,985$3,198$2,548$2,019$1,161
21 years$4,644$3,712$2,941$2,313$1,807$1,004
22 years$4,386$3,465$2,711$2,103$1,619$869
23 years$4,151$3,241$2,503$1,915$1,454$754
24 years$3,936$3,036$2,315$1,747$1,307$654
25 years$3,738$2,850$2,144$1,595$1,176$568
26 years$3,556$2,678$1,989$1,459$1,059$493
27 years$3,388$2,520$1,846$1,335$955$429
28 years$3,232$2,375$1,717$1,223$862$373
29 years$3,087$2,241$1,597$1,122$778$324
30 years$2,952$2,116$1,488$1,029$703$282
31 years$2,825$2,000$1,387$945$635$246
32 years$2,707$1,893$1,294$869$575$214
33 years$2,597$1,792$1,208$799$520$187
34 years$2,493$1,699$1,129$735$471$163
35 years$2,395$1,611$1,056$677$427$142
36 years$2,303$1,529$988$623$387$123
37 years$2,216$1,453$924$574$350$108
38 years$2,134$1,380$866$529$318$94
39 years$2,056$1,313$811$488$288$82
40 years$1,982$1,249$760$450$261$71
41 years$1,912$1,189$713$415$237$62
42 years$1,846$1,132$669$383$215$54
43 years$1,783$1,079$627$354$195$47
44 years$1,723$1,028$589$327$177$41
45 years$1,666$981$553$302$161$36
46 years$1,611$935$519$279$146$31
47 years$1,559$893$488$257$133$27
48 years$1,509$852$458$238$120$24
49 years$1,461$814$431$220$109$21
50 years$1,416$777$405$203$99$18

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 $5,189 every year, while hoping to spend $41,747 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: 76/9/15 Blend
44$1,450,000$1,450,000$1,450,000$1,450,000
45$1,603,252$1,526,402$1,503,927$1,719,545
46$1,722,366$1,556,778$1,509,891$1,827,424
47$1,852,229$1,587,242$1,514,654$1,939,924
48$1,993,896$1,617,756$1,518,134$2,062,118
49$2,148,524$1,648,276$1,520,242$2,194,960
50$2,317,388$1,678,757$1,520,885$2,339,498
51$2,501,892$1,709,147$1,519,965$2,496,888
52$2,703,582$1,739,392$1,517,381$2,668,404
53$2,924,159$1,769,433$1,513,025$2,855,449
54$3,165,496$1,799,209$1,506,784$3,059,569
55$3,429,657$1,828,650$1,498,541$3,282,466
56$3,718,912$1,857,684$1,488,173$3,526,018
57$4,035,763$1,886,233$1,475,549$3,792,291
58$4,382,965$1,914,212$1,460,534$4,083,565
59$4,763,552$1,941,533$1,442,986$4,402,349
60$5,180,864$1,968,098$1,422,756$4,751,411
61$5,638,582$1,993,805$1,399,689$5,133,798
62$6,140,760$2,018,544$1,373,621$5,552,870
63$6,691,862$2,042,197$1,344,381$6,012,328
64$7,296,805$2,064,638$1,311,791$6,516,253
65$7,961,007$2,085,733$1,275,664$7,069,140
66$8,690,436$2,105,340$1,235,805$7,675,942
67$9,491,665$2,123,306$1,192,009$8,342,120
68$10,371,936$2,139,469$1,144,062$9,073,690
69$11,339,225$2,153,655$1,091,741$9,877,284
70$12,402,323$2,165,681$1,034,811$10,760,208
71$13,570,912$2,175,352$973,029$11,730,516
72$14,855,659$2,182,457$906,139$12,797,082
73$16,268,316$2,186,778$833,874$13,969,688
74$17,821,831$2,188,077$755,956$15,259,113
75$19,530,471$2,186,106$672,094$16,677,236
76$21,409,952$2,180,598$581,982$18,237,149
77$23,477,593$2,171,273$485,304$19,953,280
78$25,752,474$2,157,832$381,728$21,841,530
79$28,255,618$2,139,957$270,908$23,919,424
80$31,010,189$2,117,313$152,481$26,206,274
81$34,041,709$2,089,543$26,071$28,723,364
82$37,378,302$2,056,269$0$31,494,151
83$41,050,955$2,017,091$0$34,561,904
84$45,093,809$1,971,586$0$37,943,279
85$49,544,488$1,919,305$0$41,665,567
86$54,444,447$1,859,771$0$45,763,440
87$59,839,363$1,792,483$0$50,275,108
88$65,779,571$1,716,907$0$55,242,676
89$72,320,533$1,632,481$0$60,712,541
90$79,523,363$1,538,608$0$66,735,832
91$87,455,405$1,434,659$0$73,368,889
92$96,190,866$1,319,967$0$80,673,800
93$105,811,517$1,193,829$0$88,718,982
94$116,407,464$1,055,498$0$97,579,831
95$128,077,997$904,189$0$107,339,429
96$140,932,529$739,071$0$118,089,332
97$155,091,627$559,265$0$129,930,435
98$170,688,148$363,845$0$142,973,921
99$187,868,495$151,829$0$157,342,311
100$206,793,998$0$0$173,170,624