Can I retire at age 45 with 1,480,000?

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 $1,480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$122,217$121,128$120,066$119,030$118,017$114,792
2 years$60,503$59,377$58,285$57,226$56,199$52,973
3 years$39,935$38,803$37,714$36,665$35,655$32,529
4 years$29,653$28,525$27,446$26,415$25,429$22,428
5 years$23,485$22,364$21,299$20,289$19,331$16,462
6 years$19,375$18,262$17,213$16,226$15,296$12,563
7 years$16,440$15,336$14,304$13,340$12,440$9,842
8 years$14,239$13,146$12,131$11,191$10,320$7,856
9 years$12,529$11,446$10,448$9,532$8,691$6,359
10 years$11,162$10,089$9,109$8,217$7,405$5,202
11 years$10,044$8,982$8,020$7,151$6,369$4,291
12 years$9,112$8,061$7,117$6,272$5,519$3,563
13 years$8,325$7,285$6,359$5,537$4,813$2,974
14 years$7,651$6,622$5,713$4,916$4,219$2,493
15 years$7,067$6,049$5,158$4,384$3,714$2,097
16 years$6,557$5,550$4,677$3,925$3,283$1,769
17 years$6,107$5,111$4,256$3,527$2,911$1,496
18 years$5,708$4,723$3,885$3,178$2,588$1,268
19 years$5,351$4,377$3,556$2,872$2,307$1,076
20 years$5,030$4,068$3,264$2,601$2,061$915
21 years$4,740$3,789$3,002$2,361$1,844$779
22 years$4,477$3,537$2,767$2,146$1,653$664
23 years$4,237$3,308$2,555$1,955$1,484$566
24 years$4,017$3,099$2,363$1,783$1,334$483
25 years$3,816$2,909$2,188$1,628$1,200$412
26 years$3,630$2,734$2,030$1,489$1,081$352
27 years$3,458$2,573$1,885$1,363$975$301
28 years$3,299$2,424$1,752$1,248$879$257
29 years$3,151$2,287$1,630$1,145$794$220
30 years$3,013$2,160$1,519$1,051$717$188
31 years$2,884$2,042$1,416$965$649$161
32 years$2,763$1,932$1,321$887$587$138
33 years$2,650$1,829$1,233$816$531$118
34 years$2,544$1,734$1,152$750$481$101
35 years$2,445$1,645$1,077$691$435$87
36 years$2,351$1,561$1,008$636$395$74
37 years$2,262$1,483$943$586$358$63
38 years$2,178$1,409$883$540$324$54
39 years$2,099$1,340$828$498$294$47
40 years$2,023$1,275$776$459$267$40
41 years$1,952$1,213$727$424$242$34
42 years$1,884$1,156$682$391$220$29
43 years$1,820$1,101$640$361$199$25
44 years$1,758$1,050$601$333$181$21
45 years$1,700$1,001$564$308$164$18
46 years$1,644$955$530$284$149$16
47 years$1,591$911$498$263$135$14
48 years$1,540$870$468$243$123$12
49 years$1,492$831$440$224$112$10
50 years$1,445$793$414$207$101$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,480,000, adding $3,591 every year, while hoping to spend $24,103 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: 50/34/16 Blend
44$1,480,000$1,480,000$1,480,000$1,480,000
45$1,634,664$1,556,224$1,533,284$1,709,016
46$1,775,754$1,606,834$1,559,004$1,811,203
47$1,930,428$1,659,115$1,584,777$1,919,396
48$2,100,045$1,713,125$1,610,581$2,036,446
49$2,286,104$1,768,923$1,636,389$2,163,196
50$2,490,254$1,826,567$1,662,175$2,300,571
51$2,714,313$1,886,122$1,687,911$2,449,590
52$2,960,282$1,947,651$1,713,566$2,611,376
53$3,230,367$2,011,223$1,739,107$2,787,160
54$3,526,997$2,076,905$1,764,499$2,978,302
55$3,852,849$2,144,771$1,789,708$3,186,295
56$4,210,869$2,214,894$1,814,692$3,412,784
57$4,604,305$2,287,352$1,839,412$3,659,578
58$5,036,736$2,362,224$1,863,824$3,928,671
59$5,512,103$2,439,592$1,887,882$4,222,256
60$6,034,748$2,519,543$1,911,537$4,542,749
61$6,609,455$2,602,164$1,934,737$4,892,808
62$7,241,497$2,687,548$1,957,428$5,275,362
63$7,936,680$2,775,788$1,979,552$5,693,635
64$8,701,403$2,866,983$2,001,048$6,151,177
65$9,542,716$2,961,235$2,021,853$6,651,900
66$10,468,387$3,058,649$2,041,899$7,200,109
67$11,486,974$3,159,334$2,061,114$7,800,548
68$12,607,907$3,263,404$2,079,424$8,458,441
69$13,841,578$3,370,975$2,096,748$9,179,541
70$15,199,434$3,482,168$2,113,005$9,970,186
71$16,694,091$3,597,108$2,128,105$10,837,358
72$18,339,449$3,715,927$2,141,957$11,788,747
73$20,150,824$3,838,759$2,154,464$12,832,824
74$22,145,093$3,965,743$2,165,523$13,978,922
75$24,340,852$4,097,025$2,175,028$15,237,320
76$26,758,593$4,232,753$2,182,866$16,619,345
77$29,420,895$4,373,084$2,188,918$18,137,474
78$32,352,639$4,518,178$2,193,059$19,805,454
79$35,581,242$4,668,202$2,195,160$21,638,428
80$39,136,914$4,823,329$2,195,084$23,653,083
81$43,052,946$4,983,739$2,192,686$25,867,801
82$47,366,022$5,149,617$2,187,815$28,302,837
83$52,116,563$5,321,156$2,180,314$30,980,506
84$57,349,115$5,498,555$2,170,018$33,925,396
85$63,112,762$5,682,021$2,156,751$37,164,599
86$69,461,594$5,871,770$2,140,331$40,727,963
87$76,455,213$6,068,023$2,120,569$44,648,379
88$84,159,300$6,271,012$2,097,263$48,962,086
89$92,646,232$6,480,975$2,070,205$53,709,013
90$101,995,765$6,698,160$2,039,175$58,933,160
91$112,295,789$6,922,826$2,003,943$64,683,008
92$123,643,154$7,155,239$1,964,270$71,011,976
93$136,144,586$7,395,676$1,919,903$77,978,928
94$149,917,693$7,644,423$1,870,579$85,648,726
95$165,092,078$7,901,780$1,816,023$94,092,841
96$181,810,557$8,168,055$1,755,948$103,390,028
97$200,230,513$8,443,568$1,690,051$113,627,070
98$220,525,375$8,728,653$1,618,017$124,899,593
99$242,886,261$9,023,655$1,539,518$137,312,971
100$267,523,777$9,328,931$1,454,210$150,983,321