Can I retire at age 45 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$120,565$119,492$118,444$117,421$116,422$114,683
2 years$59,686$58,574$57,497$56,452$55,439$53,690
3 years$39,395$38,279$37,204$36,170$35,173$33,469
4 years$29,252$28,139$27,075$26,058$25,086$23,441
5 years$23,168$22,061$21,011$20,015$19,070$17,488
6 years$19,113$18,015$16,980$16,006$15,089$13,572
7 years$16,217$15,129$14,111$13,160$12,272$10,820
8 years$14,047$12,968$11,967$11,039$10,180$8,794
9 years$12,360$11,291$10,307$9,403$8,573$7,252
10 years$11,011$9,953$8,986$8,106$7,305$6,047
11 years$9,908$8,860$7,911$7,054$6,283$5,087
12 years$8,989$7,952$7,021$6,188$5,444$4,310
13 years$8,213$7,187$6,273$5,463$4,748$3,672
14 years$7,548$6,532$5,636$4,849$4,162$3,144
15 years$6,972$5,968$5,089$4,325$3,664$2,702
16 years$6,468$5,475$4,614$3,872$3,238$2,331
17 years$6,025$5,042$4,198$3,479$2,871$2,016
18 years$5,631$4,659$3,832$3,135$2,553$1,747
19 years$5,279$4,318$3,508$2,833$2,276$1,518
20 years$4,962$4,013$3,220$2,566$2,033$1,321
21 years$4,676$3,738$2,962$2,329$1,819$1,151
22 years$4,416$3,489$2,730$2,117$1,631$1,004
23 years$4,180$3,263$2,520$1,928$1,464$877
24 years$3,963$3,057$2,331$1,759$1,316$767
25 years$3,764$2,869$2,159$1,606$1,184$671
26 years$3,581$2,697$2,002$1,469$1,066$588
27 years$3,411$2,538$1,859$1,344$961$515
28 years$3,254$2,391$1,728$1,232$867$452
29 years$3,108$2,256$1,608$1,129$783$396
30 years$2,972$2,131$1,498$1,037$708$348
31 years$2,845$2,014$1,397$952$640$305
32 years$2,726$1,906$1,303$875$579$268
33 years$2,615$1,805$1,217$805$524$236
34 years$2,510$1,710$1,137$740$474$207
35 years$2,412$1,622$1,063$681$430$182
36 years$2,319$1,540$994$628$389$160
37 years$2,231$1,463$931$578$353$141
38 years$2,149$1,390$872$533$320$124
39 years$2,070$1,322$817$491$290$109
40 years$1,996$1,257$765$453$263$96
41 years$1,926$1,197$718$418$239$84
42 years$1,859$1,140$673$386$217$74
43 years$1,795$1,086$632$356$197$65
44 years$1,735$1,035$593$329$178$57
45 years$1,677$987$557$304$162$50
46 years$1,622$942$523$281$147$44
47 years$1,570$899$491$259$134$39
48 years$1,519$858$462$240$121$34
49 years$1,471$819$434$221$110$30
50 years$1,425$783$408$205$100$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,460,000, adding $4,835 every year, while hoping to spend $41,373 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: 68/27/5 Blend
44$1,460,000$1,460,000$1,460,000$1,460,000
45$1,613,907$1,536,527$1,513,897$1,722,399
46$1,734,505$1,567,797$1,520,592$1,826,102
47$1,866,018$1,599,211$1,526,125$1,933,952
48$2,009,514$1,630,735$1,530,413$2,050,753
49$2,166,171$1,662,328$1,533,369$2,177,371
50$2,337,286$1,693,948$1,534,902$2,314,761
51$2,524,285$1,725,547$1,534,916$2,463,973
52$2,728,738$1,757,075$1,533,312$2,626,165
53$2,952,375$1,788,477$1,529,984$2,802,613
54$3,197,101$1,819,696$1,524,822$2,994,721
55$3,465,011$1,850,667$1,517,709$3,204,036
56$3,758,415$1,881,322$1,508,525$3,432,264
57$4,079,855$1,911,589$1,497,143$3,681,282
58$4,432,132$1,941,388$1,483,429$3,953,160
59$4,818,329$1,970,636$1,467,243$4,250,177
60$5,241,843$1,999,242$1,448,440$4,574,847
61$5,706,415$2,027,108$1,426,867$4,929,937
62$6,216,165$2,054,133$1,402,363$5,318,497
63$6,775,632$2,080,203$1,374,760$5,743,889
64$7,389,816$2,105,202$1,343,884$6,209,816
65$8,064,222$2,129,003$1,309,549$6,720,361
66$8,804,919$2,151,470$1,271,565$7,280,021
67$9,618,588$2,172,460$1,229,730$7,893,752
68$10,512,592$2,191,818$1,183,834$8,567,018
69$11,495,041$2,209,382$1,133,657$9,305,839
70$12,574,870$2,224,976$1,078,969$10,116,849
71$13,761,923$2,238,416$1,019,531$11,007,360
72$15,067,044$2,249,503$955,090$11,985,429
73$16,502,181$2,258,028$885,384$13,059,938
74$18,080,499$2,263,767$810,140$14,240,673
75$19,816,501$2,266,482$729,071$15,538,422
76$21,726,167$2,265,922$641,877$16,965,072
77$23,827,102$2,261,819$548,247$18,533,725
78$26,138,707$2,253,888$447,853$20,258,820
79$28,682,354$2,241,827$340,355$22,156,272
80$31,481,594$2,225,317$225,397$24,243,619
81$34,562,376$2,204,017$102,607$26,540,191
82$37,953,292$2,177,568$0$29,067,293
83$41,685,847$2,145,588$0$31,849,921
84$45,794,754$2,107,672$0$34,918,375
85$50,318,263$2,063,392$0$38,295,717
86$55,298,523$2,012,295$0$42,013,404
87$60,781,974$1,953,900$0$46,106,100
88$66,819,792$1,887,697$0$50,612,010
89$73,468,366$1,813,150$0$55,573,237
90$80,789,833$1,729,688$0$61,036,184
91$88,852,662$1,636,708$0$67,051,988
92$97,732,300$1,533,574$0$73,677,006
93$107,511,887$1,419,611$0$80,973,347
94$118,283,035$1,294,108$0$89,009,463
95$130,146,696$1,156,310$0$97,860,787
96$143,214,111$1,005,422$0$107,610,456
97$157,607,865$840,602$0$118,350,091
98$173,463,039$660,963$0$130,180,664
99$190,928,484$465,565$0$143,213,455
100$210,168,230$253,418$0$157,571,097