Can I retire at age 45 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$123,043$121,947$120,878$119,834$118,815$115,895
2 years$60,912$59,778$58,678$57,612$56,578$53,655
3 years$40,205$39,065$37,969$36,913$35,896$33,060
4 years$29,853$28,717$27,632$26,594$25,601$22,875
5 years$23,644$22,515$21,443$20,426$19,462$16,852
6 years$19,505$18,385$17,329$16,335$15,399$12,910
7 years$16,551$15,440$14,401$13,430$12,524$10,154
8 years$14,336$13,235$12,213$11,266$10,390$8,139
9 years$12,614$11,523$10,519$9,596$8,750$6,616
10 years$11,237$10,157$9,171$8,272$7,455$5,436
11 years$10,111$9,042$8,074$7,199$6,412$4,504
12 years$9,174$8,116$7,165$6,315$5,556$3,757
13 years$8,381$7,334$6,402$5,575$4,845$3,151
14 years$7,703$6,667$5,752$4,949$4,247$2,654
15 years$7,115$6,090$5,193$4,413$3,740$2,243
16 years$6,601$5,588$4,708$3,952$3,305$1,902
17 years$6,148$5,146$4,284$3,551$2,930$1,617
18 years$5,746$4,755$3,911$3,200$2,606$1,377
19 years$5,387$4,407$3,580$2,891$2,322$1,175
20 years$5,064$4,095$3,286$2,619$2,074$1,004
21 years$4,772$3,815$3,022$2,377$1,856$859
22 years$4,507$3,561$2,786$2,161$1,664$736
23 years$4,266$3,330$2,572$1,968$1,494$631
24 years$4,045$3,120$2,379$1,795$1,343$542
25 years$3,841$2,928$2,203$1,639$1,208$465
26 years$3,654$2,752$2,043$1,499$1,088$400
27 years$3,481$2,590$1,897$1,372$981$343
28 years$3,321$2,441$1,764$1,257$885$295
29 years$3,172$2,302$1,641$1,153$799$254
30 years$3,033$2,174$1,529$1,058$722$219
31 years$2,903$2,055$1,425$972$653$188
32 years$2,782$1,945$1,330$893$591$162
33 years$2,668$1,842$1,242$821$535$139
34 years$2,562$1,746$1,160$755$484$120
35 years$2,461$1,656$1,085$695$438$103
36 years$2,366$1,572$1,015$640$397$89
37 years$2,277$1,493$950$590$360$77
38 years$2,193$1,418$889$544$326$66
39 years$2,113$1,349$833$502$296$57
40 years$2,037$1,283$781$463$268$49
41 years$1,965$1,222$732$427$244$42
42 years$1,897$1,163$687$394$221$36
43 years$1,832$1,108$645$364$201$31
44 years$1,770$1,057$605$336$182$27
45 years$1,711$1,008$568$310$165$23
46 years$1,655$961$534$286$150$20
47 years$1,602$917$501$265$136$17
48 years$1,551$876$471$244$124$15
49 years$1,502$836$443$226$112$13
50 years$1,455$799$416$209$102$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,490,000, adding $4,472 every year, while hoping to spend $57,522 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: 79/5/16 Blend
44$1,490,000$1,490,000$1,490,000$1,490,000
45$1,646,593$1,567,623$1,544,528$1,770,708
46$1,753,342$1,583,233$1,535,067$1,868,714
47$1,869,052$1,597,681$1,523,360$1,968,441
48$1,994,576$1,610,848$1,509,274$2,076,257
49$2,130,852$1,622,609$1,492,663$2,192,947
50$2,278,913$1,632,830$1,473,381$2,319,380
51$2,439,893$1,641,369$1,451,270$2,456,511
52$2,615,041$1,648,076$1,426,167$2,605,391
53$2,805,733$1,652,789$1,397,901$2,767,182
54$3,013,480$1,655,338$1,366,293$2,943,161
55$3,239,946$1,655,541$1,331,155$3,134,736
56$3,486,963$1,653,205$1,292,291$3,343,461
57$3,756,547$1,648,126$1,249,497$3,571,045
58$4,050,917$1,640,086$1,202,557$3,819,373
59$4,372,515$1,628,855$1,151,248$4,090,524
60$4,724,031$1,614,188$1,095,334$4,386,787
61$5,108,426$1,595,827$1,034,571$4,710,685
62$5,528,959$1,573,496$968,703$5,065,001
63$5,989,219$1,546,904$897,461$5,452,799
64$6,493,161$1,515,743$820,567$5,877,460
65$7,045,134$1,479,686$737,727$6,342,705
66$7,649,934$1,438,387$648,637$6,852,641
67$8,312,839$1,391,479$552,978$7,411,791
68$9,039,662$1,338,575$450,416$8,025,141
69$9,836,807$1,279,265$340,605$8,698,187
70$10,711,326$1,213,114$223,180$9,436,987
71$11,670,988$1,139,663$97,763$10,248,217
72$12,724,349$1,058,427$0$11,139,235
73$13,880,835$968,892$0$12,124,313
74$15,150,829$870,517$0$13,224,441
75$16,545,768$762,726$0$14,432,840
76$18,078,251$644,915$0$15,760,445
77$19,762,159$516,442$0$17,219,307
78$21,612,784$376,633$0$18,822,703
79$23,646,972$224,771$0$20,585,260
80$25,883,281$60,103$0$22,523,097
81$28,342,160$0$0$24,653,972
82$31,046,137$0$0$27,003,954
83$34,020,031$0$0$29,592,204
84$37,291,188$0$0$32,439,223
85$40,889,739$0$0$35,571,238
86$44,848,879$0$0$39,017,151
87$49,205,187$0$0$42,808,802
88$53,998,961$0$0$46,981,276
89$59,274,609$0$0$51,573,232
90$65,081,057$0$0$56,627,262
91$71,472,216$0$0$62,190,301
92$78,507,489$0$0$68,314,062
93$86,252,331$0$0$75,055,527
94$94,778,865$0$0$82,477,486
95$104,166,563$0$0$90,649,122
96$114,502,994$0$0$99,646,671
97$125,884,651$0$0$109,554,138
98$138,417,861$0$0$120,464,087
99$152,219,788$0$0$132,478,516
100$167,419,535$0$0$145,709,821