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

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$119,740$118,673$117,632$116,617$115,625$111,834
2 years$59,277$58,173$57,103$56,066$55,060$51,277
3 years$39,125$38,017$36,950$35,922$34,932$31,276
4 years$29,052$27,946$26,890$25,880$24,914$21,412
5 years$23,009$21,910$20,868$19,878$18,939$15,601
6 years$18,982$17,891$16,864$15,897$14,986$11,815
7 years$16,106$15,025$14,014$13,070$12,188$9,182
8 years$13,951$12,879$11,885$10,964$10,111$7,270
9 years$12,275$11,214$10,237$9,339$8,515$5,834
10 years$10,935$9,884$8,925$8,050$7,255$4,731
11 years$9,840$8,799$7,857$7,006$6,239$3,868
12 years$8,928$7,898$6,973$6,145$5,407$3,182
13 years$8,156$7,137$6,230$5,425$4,715$2,631
14 years$7,496$6,488$5,598$4,816$4,133$2,184
15 years$6,924$5,927$5,054$4,295$3,639$1,819
16 years$6,424$5,438$4,582$3,846$3,216$1,519
17 years$5,983$5,008$4,169$3,455$2,852$1,272
18 years$5,592$4,627$3,806$3,114$2,536$1,067
19 years$5,242$4,289$3,484$2,814$2,260$896
20 years$4,928$3,985$3,198$2,548$2,019$754
21 years$4,644$3,712$2,941$2,313$1,807$634
22 years$4,386$3,465$2,711$2,103$1,619$535
23 years$4,151$3,241$2,503$1,915$1,454$451
24 years$3,936$3,036$2,315$1,747$1,307$380
25 years$3,738$2,850$2,144$1,595$1,176$321
26 years$3,556$2,678$1,989$1,459$1,059$271
27 years$3,388$2,520$1,846$1,335$955$229
28 years$3,232$2,375$1,717$1,223$862$194
29 years$3,087$2,241$1,597$1,122$778$164
30 years$2,952$2,116$1,488$1,029$703$139
31 years$2,825$2,000$1,387$945$635$117
32 years$2,707$1,893$1,294$869$575$99
33 years$2,597$1,792$1,208$799$520$84
34 years$2,493$1,699$1,129$735$471$71
35 years$2,395$1,611$1,056$677$427$60
36 years$2,303$1,529$988$623$387$51
37 years$2,216$1,453$924$574$350$43
38 years$2,134$1,380$866$529$318$36
39 years$2,056$1,313$811$488$288$31
40 years$1,982$1,249$760$450$261$26
41 years$1,912$1,189$713$415$237$22
42 years$1,846$1,132$669$383$215$19
43 years$1,783$1,079$627$354$195$16
44 years$1,723$1,028$589$327$177$13
45 years$1,666$981$553$302$161$11
46 years$1,611$935$519$279$146$10
47 years$1,559$893$488$257$133$8
48 years$1,509$852$458$238$120$7
49 years$1,461$814$431$220$109$6
50 years$1,416$777$405$203$99$5

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 $6,340 every year, while hoping to spend $54,350 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: 42/34/24 Blend
44$1,450,000$1,450,000$1,450,000$1,450,000
45$1,604,440$1,527,590$1,505,115$1,660,316
46$1,710,265$1,544,614$1,497,708$1,717,878
47$1,825,062$1,560,650$1,488,232$1,774,503
48$1,949,690$1,575,593$1,476,559$1,834,747
49$2,085,092$1,589,331$1,462,557$1,898,974
50$2,232,305$1,601,742$1,446,087$1,967,586
51$2,392,472$1,612,700$1,427,003$2,041,032
52$2,566,849$1,622,067$1,405,152$2,119,805
53$2,756,818$1,629,699$1,380,375$2,204,455
54$2,963,901$1,635,441$1,352,505$2,295,589
55$3,189,772$1,639,131$1,321,367$2,393,882
56$3,436,274$1,640,593$1,286,778$2,500,077
57$3,705,434$1,639,643$1,248,546$2,615,001
58$3,999,487$1,636,084$1,206,471$2,739,568
59$4,320,891$1,629,708$1,160,343$2,874,789
60$4,672,351$1,620,293$1,109,944$3,021,785
61$5,056,849$1,607,605$1,055,045$3,181,793
62$5,477,664$1,591,395$995,406$3,356,185
63$5,938,411$1,571,398$930,777$3,546,476
64$6,443,068$1,547,336$860,897$3,754,345
65$6,996,016$1,518,911$785,493$3,981,645
66$7,602,082$1,485,809$704,278$4,230,428
67$8,266,579$1,447,698$616,956$4,502,960
68$8,995,360$1,404,226$523,215$4,801,749
69$9,794,874$1,355,020$422,730$5,129,565
70$10,672,221$1,299,686$315,161$5,489,471
71$11,635,222$1,237,805$200,153$5,884,848
72$12,692,494$1,168,937$77,338$6,319,438
73$13,853,528$1,092,615$0$6,797,370
74$15,128,780$1,008,344$0$7,336,966
75$16,529,766$915,604$0$7,951,538
76$18,069,174$813,841$0$8,626,935
77$19,760,984$702,473$0$9,369,418
78$21,620,594$580,884$0$10,185,894
79$23,664,970$448,422$0$11,083,982
80$25,912,803$304,401$0$12,072,088
81$28,384,686$148,094$0$13,159,482
82$31,103,308$0$0$14,356,392
83$34,093,666$0$0$15,682,053
84$37,383,302$0$0$17,201,545
85$41,002,561$0$0$18,873,504
86$44,984,879$0$0$20,713,400
87$49,367,095$0$0$22,738,281
88$54,189,800$0$0$24,966,932
89$59,497,720$0$0$27,420,051
90$65,340,135$0$0$30,120,441
91$71,771,347$0$0$33,093,233
92$78,851,188$0$0$36,366,116
93$86,645,586$0$0$39,969,600
94$95,227,187$0$0$43,937,305
95$104,676,040$0$0$48,306,276
96$115,080,350$0$0$53,117,334
97$126,537,311$0$0$58,415,461
98$139,154,023$0$0$64,250,221
99$153,048,502$0$0$70,676,233
100$168,350,792$0$0$77,753,682