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%15.2%
1 years$119,740$118,673$117,632$116,617$115,625$113,152
2 years$59,277$58,173$57,103$56,066$55,060$52,580
3 years$39,125$38,017$36,950$35,922$34,932$32,523
4 years$29,052$27,946$26,890$25,880$24,914$22,595
5 years$23,009$21,910$20,868$19,878$18,939$16,716
6 years$18,982$17,891$16,864$15,897$14,986$12,861
7 years$16,106$15,025$14,014$13,070$12,188$10,161
8 years$13,951$12,879$11,885$10,964$10,111$8,183
9 years$12,275$11,214$10,237$9,339$8,515$6,684
10 years$10,935$9,884$8,925$8,050$7,255$5,519
11 years$9,840$8,799$7,857$7,006$6,239$4,596
12 years$8,928$7,898$6,973$6,145$5,407$3,854
13 years$8,156$7,137$6,230$5,425$4,715$3,249
14 years$7,496$6,488$5,598$4,816$4,133$2,752
15 years$6,924$5,927$5,054$4,295$3,639$2,339
16 years$6,424$5,438$4,582$3,846$3,216$1,995
17 years$5,983$5,008$4,169$3,455$2,852$1,706
18 years$5,592$4,627$3,806$3,114$2,536$1,461
19 years$5,242$4,289$3,484$2,814$2,260$1,255
20 years$4,928$3,985$3,198$2,548$2,019$1,079
21 years$4,644$3,712$2,941$2,313$1,807$929
22 years$4,386$3,465$2,711$2,103$1,619$800
23 years$4,151$3,241$2,503$1,915$1,454$691
24 years$3,936$3,036$2,315$1,747$1,307$596
25 years$3,738$2,850$2,144$1,595$1,176$515
26 years$3,556$2,678$1,989$1,459$1,059$445
27 years$3,388$2,520$1,846$1,335$955$385
28 years$3,232$2,375$1,717$1,223$862$334
29 years$3,087$2,241$1,597$1,122$778$289
30 years$2,952$2,116$1,488$1,029$703$250
31 years$2,825$2,000$1,387$945$635$217
32 years$2,707$1,893$1,294$869$575$188
33 years$2,597$1,792$1,208$799$520$163
34 years$2,493$1,699$1,129$735$471$141
35 years$2,395$1,611$1,056$677$427$122
36 years$2,303$1,529$988$623$387$106
37 years$2,216$1,453$924$574$350$92
38 years$2,134$1,380$866$529$318$80
39 years$2,056$1,313$811$488$288$69
40 years$1,982$1,249$760$450$261$60
41 years$1,912$1,189$713$415$237$52
42 years$1,846$1,132$669$383$215$45
43 years$1,783$1,079$627$354$195$39
44 years$1,723$1,028$589$327$177$34
45 years$1,666$981$553$302$161$30
46 years$1,611$935$519$279$146$26
47 years$1,559$893$488$257$133$22
48 years$1,509$852$458$238$120$19
49 years$1,461$814$431$220$109$17
50 years$1,416$777$405$203$99$15

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 $2,435 every year, while hoping to spend $41,325 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: 53/37/10 Blend
44$1,450,000$1,450,000$1,450,000$1,450,000
45$1,600,412$1,523,562$1,501,087$1,681,024
46$1,719,684$1,554,247$1,507,404$1,766,760
47$1,849,737$1,585,050$1,512,547$1,855,311
48$1,991,628$1,615,935$1,516,434$1,950,680
49$2,146,517$1,646,859$1,518,978$2,053,521
50$2,315,684$1,677,778$1,520,087$2,164,556
51$2,500,539$1,708,644$1,519,665$2,284,577
52$2,702,632$1,739,405$1,517,611$2,414,460
53$2,923,670$1,770,005$1,513,821$2,555,171
54$3,165,533$1,800,384$1,508,182$2,707,772
55$3,430,291$1,830,476$1,500,580$2,873,434
56$3,720,223$1,860,212$1,490,892$3,053,450
57$4,037,839$1,889,516$1,478,990$3,249,244
58$4,385,905$1,918,308$1,464,742$3,462,385
59$4,767,463$1,946,502$1,448,007$3,694,602
60$5,185,867$1,974,004$1,428,639$3,947,805
61$5,644,811$2,000,715$1,406,483$4,224,095
62$6,148,362$2,026,530$1,381,380$4,525,790
63$6,700,999$2,051,335$1,353,161$4,855,447
64$7,307,659$2,075,008$1,321,650$5,215,882
65$7,973,778$2,097,421$1,286,663$5,610,201
66$8,705,345$2,118,436$1,248,008$6,041,830
67$9,508,955$2,137,905$1,205,481$6,514,543
68$10,391,878$2,155,671$1,158,874$7,032,502
69$11,362,118$2,171,568$1,107,965$7,600,296
70$12,428,496$2,185,417$1,052,524$8,222,984
71$13,600,730$2,197,029$992,310$8,906,142
72$14,889,523$2,206,202$927,072$9,655,920
73$16,306,672$2,212,723$856,546$10,479,097
74$17,865,170$2,216,364$780,457$11,383,144
75$19,579,334$2,216,883$698,519$12,376,301
76$21,464,938$2,214,022$610,432$13,467,650
77$23,539,361$2,207,509$515,881$14,667,203
78$25,821,754$2,197,054$414,541$15,986,000
79$28,333,214$2,182,351$306,069$17,436,208
80$31,096,988$2,163,073$190,109$19,031,242
81$34,138,692$2,138,874$66,288$20,785,891
82$37,486,548$2,109,389$0$22,716,456
83$41,171,656$2,074,229$0$24,847,936
84$45,228,281$2,032,983$0$27,201,118
85$49,694,182$1,985,215$0$29,790,806
86$54,610,961$1,930,463$0$32,641,121
87$60,024,464$1,868,240$0$35,778,647
88$65,985,203$1,798,028$0$39,232,688
89$72,548,843$1,719,281$0$43,035,542
90$79,776,719$1,631,419$0$47,222,807
91$87,736,416$1,533,831$0$51,833,720
92$96,502,410$1,425,868$0$56,911,528
93$106,156,768$1,306,848$0$62,503,896
94$116,789,920$1,176,045$0$68,663,360
95$128,501,516$1,032,695$0$75,447,826
96$141,401,364$875,991$0$82,921,114
97$155,610,467$705,078$0$91,153,564
98$171,262,162$519,054$0$100,222,704
99$188,503,382$316,967$0$110,213,982
100$207,496,039$97,811$0$121,221,573