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%19%
1 years$120,565$119,492$118,444$117,421$116,422$112,202
2 years$59,686$58,574$57,497$56,452$55,439$51,234
3 years$39,395$38,279$37,204$36,170$35,173$31,115
4 years$29,252$28,139$27,075$26,058$25,086$21,205
5 years$23,168$22,061$21,011$20,015$19,070$15,377
6 years$19,113$18,015$16,980$16,006$15,089$11,588
7 years$16,217$15,129$14,111$13,160$12,272$8,960
8 years$14,047$12,968$11,967$11,039$10,180$7,056
9 years$12,360$11,291$10,307$9,403$8,573$5,632
10 years$11,011$9,953$8,986$8,106$7,305$4,541
11 years$9,908$8,860$7,911$7,054$6,283$3,690
12 years$8,989$7,952$7,021$6,188$5,444$3,018
13 years$8,213$7,187$6,273$5,463$4,748$2,480
14 years$7,548$6,532$5,636$4,849$4,162$2,046
15 years$6,972$5,968$5,089$4,325$3,664$1,693
16 years$6,468$5,475$4,614$3,872$3,238$1,405
17 years$6,025$5,042$4,198$3,479$2,871$1,169
18 years$5,631$4,659$3,832$3,135$2,553$973
19 years$5,279$4,318$3,508$2,833$2,276$812
20 years$4,962$4,013$3,220$2,566$2,033$678
21 years$4,676$3,738$2,962$2,329$1,819$567
22 years$4,416$3,489$2,730$2,117$1,631$475
23 years$4,180$3,263$2,520$1,928$1,464$397
24 years$3,963$3,057$2,331$1,759$1,316$333
25 years$3,764$2,869$2,159$1,606$1,184$279
26 years$3,581$2,697$2,002$1,469$1,066$234
27 years$3,411$2,538$1,859$1,344$961$196
28 years$3,254$2,391$1,728$1,232$867$165
29 years$3,108$2,256$1,608$1,129$783$138
30 years$2,972$2,131$1,498$1,037$708$116
31 years$2,845$2,014$1,397$952$640$97
32 years$2,726$1,906$1,303$875$579$82
33 years$2,615$1,805$1,217$805$524$69
34 years$2,510$1,710$1,137$740$474$58
35 years$2,412$1,622$1,063$681$430$48
36 years$2,319$1,540$994$628$389$41
37 years$2,231$1,463$931$578$353$34
38 years$2,149$1,390$872$533$320$29
39 years$2,070$1,322$817$491$290$24
40 years$1,996$1,257$765$453$263$20
41 years$1,926$1,197$718$418$239$17
42 years$1,859$1,140$673$386$217$14
43 years$1,795$1,086$632$356$197$12
44 years$1,735$1,035$593$329$178$10
45 years$1,677$987$557$304$162$8
46 years$1,622$942$523$281$147$7
47 years$1,570$899$491$259$134$6
48 years$1,519$858$462$240$121$5
49 years$1,471$819$434$221$110$4
50 years$1,425$783$408$205$100$4

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 $2,403 every year, while hoping to spend $33,486 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: 26/45/29 Blend
44$1,460,000$1,460,000$1,460,000$1,460,000
45$1,611,399$1,534,019$1,511,389$1,638,673
46$1,740,133$1,573,557$1,526,391$1,700,939
47$1,880,875$1,613,910$1,540,774$1,764,690
48$2,034,815$1,655,083$1,554,481$1,832,408
49$2,203,264$1,697,079$1,567,454$1,904,454
50$2,387,662$1,739,901$1,579,629$1,981,222
51$2,589,598$1,783,551$1,590,941$2,063,151
52$2,810,821$1,828,029$1,601,322$2,150,719
53$3,053,257$1,873,335$1,610,698$2,244,458
54$3,319,027$1,919,466$1,618,995$2,344,950
55$3,610,468$1,966,420$1,626,131$2,452,841
56$3,930,151$2,014,190$1,632,022$2,568,839
57$4,280,912$2,062,771$1,636,580$2,693,727
58$4,665,872$2,112,154$1,639,712$2,828,367
59$5,088,470$2,162,328$1,641,321$2,973,712
60$5,552,493$2,213,281$1,641,305$3,130,809
61$6,062,114$2,264,998$1,639,555$3,300,815
62$6,621,928$2,317,462$1,635,959$3,485,005
63$7,237,001$2,370,654$1,630,400$3,684,786
64$7,912,910$2,424,550$1,622,752$3,901,708
65$8,655,799$2,479,126$1,612,888$4,137,481
66$9,472,441$2,534,353$1,600,669$4,393,991
67$10,370,293$2,590,200$1,585,955$4,673,318
68$11,357,573$2,646,630$1,568,595$4,977,753
69$12,443,336$2,703,605$1,548,433$5,309,828
70$13,637,556$2,761,081$1,525,305$5,672,329
71$14,951,223$2,819,011$1,499,040$6,068,332
72$16,396,448$2,877,343$1,469,458$6,501,230
73$17,986,573$2,936,019$1,436,371$6,974,760
74$19,736,297$2,994,978$1,399,583$7,493,048
75$21,661,818$3,054,151$1,358,888$8,060,640
76$23,780,984$3,113,464$1,314,071$8,682,551
77$26,113,459$3,172,839$1,264,907$9,364,310
78$28,680,911$3,232,187$1,211,161$10,112,014
79$31,507,215$3,291,416$1,152,586$10,932,386
80$34,618,679$3,350,423$1,088,926$11,832,840
81$38,044,291$3,409,101$1,019,912$12,821,548
82$41,815,993$3,467,330$945,263$13,907,523
83$45,968,980$3,524,985$864,685$15,100,703
84$50,542,036$3,581,930$777,872$16,412,042
85$55,577,897$3,638,018$684,504$17,853,622
86$61,123,654$3,693,092$584,246$19,438,761
87$67,231,198$3,746,984$476,749$21,182,142
88$73,957,708$3,799,514$361,648$23,099,954
89$81,366,193$3,850,490$238,563$25,210,047
90$89,526,086$3,899,705$107,095$27,532,096
91$98,513,894$3,946,938$0$30,087,796
92$108,413,927$3,991,954$0$32,911,336
93$119,319,090$4,034,502$0$36,054,839
94$131,331,758$4,074,313$0$39,514,338
95$144,564,745$4,111,102$0$43,322,019
96$159,142,367$4,144,564$0$47,513,356
97$175,201,615$4,174,374$0$52,127,446
98$192,893,447$4,200,186$0$57,207,377
99$212,384,217$4,221,634$0$62,800,638
100$233,857,238$4,238,324$0$68,959,564