Can I retire at age 45 with 1,510,000?

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 $1,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$124,694$123,584$122,500$121,442$120,410$119,351
2 years$61,730$60,580$59,466$58,386$57,338$56,271
3 years$40,744$39,590$38,478$37,408$36,377$35,336
4 years$30,254$29,103$28,002$26,951$25,945$24,936
5 years$23,961$22,817$21,731$20,701$19,723$18,750
6 years$19,767$18,632$17,562$16,554$15,606$14,670
7 years$16,773$15,647$14,594$13,610$12,692$11,793
8 years$14,528$13,412$12,377$11,417$10,529$9,668
9 years$12,783$11,678$10,660$9,725$8,867$8,043
10 years$11,388$10,293$9,294$8,383$7,555$6,768
11 years$10,247$9,164$8,182$7,296$6,498$5,747
12 years$9,297$8,225$7,261$6,399$5,631$4,916
13 years$8,494$7,433$6,488$5,650$4,910$4,230
14 years$7,806$6,756$5,829$5,015$4,304$3,657
15 years$7,211$6,172$5,263$4,473$3,790$3,176
16 years$6,690$5,663$4,772$4,005$3,349$2,767
17 years$6,231$5,215$4,342$3,598$2,970$2,419
18 years$5,823$4,819$3,964$3,243$2,641$2,119
19 years$5,459$4,466$3,629$2,930$2,354$1,861
20 years$5,132$4,150$3,330$2,654$2,102$1,637
21 years$4,836$3,866$3,063$2,408$1,881$1,443
22 years$4,568$3,608$2,823$2,190$1,686$1,273
23 years$4,323$3,375$2,607$1,994$1,514$1,125
24 years$4,099$3,162$2,411$1,819$1,361$995
25 years$3,893$2,967$2,233$1,661$1,224$881
26 years$3,703$2,789$2,071$1,519$1,103$781
27 years$3,528$2,625$1,923$1,390$994$693
28 years$3,365$2,473$1,788$1,274$897$615
29 years$3,214$2,333$1,664$1,168$810$546
30 years$3,074$2,204$1,549$1,072$732$485
31 years$2,942$2,083$1,445$985$662$431
32 years$2,819$1,971$1,348$905$599$383
33 years$2,704$1,867$1,258$832$542$341
34 years$2,596$1,769$1,176$766$491$303
35 years$2,494$1,678$1,099$705$444$270
36 years$2,398$1,593$1,028$649$403$240
37 years$2,308$1,513$963$598$365$214
38 years$2,222$1,438$901$551$331$191
39 years$2,141$1,367$844$508$300$170
40 years$2,064$1,301$792$469$272$151
41 years$1,992$1,238$742$433$247$135
42 years$1,922$1,179$696$399$224$120
43 years$1,857$1,123$653$368$203$107
44 years$1,794$1,071$613$340$184$95
45 years$1,734$1,021$576$314$167$85
46 years$1,678$974$541$290$152$76
47 years$1,623$930$508$268$138$68
48 years$1,571$887$477$248$125$60
49 years$1,522$847$449$229$114$54
50 years$1,474$809$422$212$103$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,510,000, adding $3,634 every year, while hoping to spend $25,907 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: 57/14/29 Blend
44$1,510,000$1,510,000$1,510,000$1,510,000
45$1,667,768$1,587,738$1,564,333$1,749,341
46$1,810,316$1,637,973$1,589,174$1,856,043
47$1,966,535$1,689,800$1,613,978$1,969,281
48$2,137,793$1,743,272$1,638,717$2,092,190
49$2,325,595$1,798,439$1,663,362$2,225,713
50$2,531,600$1,855,357$1,687,879$2,370,891
51$2,757,635$1,914,081$1,712,234$2,528,870
52$3,005,711$1,974,669$1,736,392$2,700,911
53$3,278,045$2,037,179$1,760,312$2,888,402
54$3,577,079$2,101,674$1,783,956$3,092,876
55$3,905,501$2,168,216$1,807,278$3,316,016
56$4,266,274$2,236,870$1,830,234$3,559,681
57$4,662,662$2,307,705$1,852,775$3,825,915
58$5,098,260$2,380,789$1,874,850$4,116,973
59$5,577,030$2,456,195$1,896,404$4,435,335
60$6,103,334$2,533,996$1,917,381$4,783,738
61$6,681,981$2,614,269$1,937,721$5,165,195
62$7,318,268$2,697,093$1,957,359$5,583,024
63$8,018,030$2,782,549$1,976,228$6,040,885
64$8,787,696$2,870,721$1,994,259$6,542,806
65$9,634,351$2,961,696$2,011,377$7,093,228
66$10,565,799$3,055,564$2,027,502$7,697,044
67$11,590,641$3,152,416$2,042,554$8,359,643
68$12,718,350$3,252,349$2,056,444$9,086,966
69$13,959,369$3,355,461$2,069,081$9,885,559
70$15,325,199$3,461,853$2,080,370$10,762,632
71$16,828,516$3,571,631$2,090,210$11,726,133
72$18,483,287$3,684,902$2,098,493$12,784,819
73$20,304,899$3,801,779$2,105,110$13,948,339
74$22,310,309$3,922,377$2,109,942$15,227,327
75$24,518,202$4,046,816$2,112,866$16,633,499
76$26,949,166$4,175,217$2,113,754$18,179,768
77$29,625,887$4,307,708$2,112,471$19,880,360
78$32,573,362$4,444,420$2,108,873$21,750,956
79$35,819,137$4,585,489$2,102,812$23,808,833
80$39,393,564$4,731,053$2,094,132$26,073,031
81$43,330,091$4,881,258$2,082,669$28,564,530
82$47,665,573$5,036,253$2,068,251$31,306,453
83$52,440,622$5,196,189$2,050,698$34,324,278
84$57,699,991$5,361,228$2,029,822$37,646,083
85$63,492,993$5,531,531$2,005,424$41,302,808
86$69,873,971$5,707,269$1,977,299$45,328,553
87$76,902,807$5,888,616$1,945,229$49,760,891
88$84,645,488$6,075,753$1,908,988$54,641,231
89$93,174,727$6,268,864$1,868,339$60,015,203
90$102,570,654$6,468,144$1,823,033$65,933,094
91$112,921,567$6,673,789$1,772,811$72,450,319
92$124,324,767$6,886,005$1,717,401$79,627,946
93$136,887,478$7,105,003$1,656,518$87,533,272
94$150,727,855$7,331,003$1,589,865$96,240,458
95$165,976,103$7,564,228$1,517,133$105,831,233
96$182,775,703$7,804,913$1,437,994$116,395,658
97$201,284,768$8,053,298$1,352,111$128,032,986
98$221,677,536$8,309,631$1,259,128$140,852,591
99$244,146,010$8,574,168$1,158,674$154,975,006
100$268,901,775$8,847,175$1,050,362$170,533,059