Can I retire at age 45 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$126,346$125,221$124,123$123,051$122,004$119,395
2 years$62,548$61,383$60,254$59,159$58,097$55,481
3 years$41,284$40,114$38,988$37,904$36,859$34,318
4 years$30,655$29,488$28,373$27,308$26,288$23,841
5 years$24,278$23,119$22,019$20,975$19,984$17,638
6 years$20,029$18,878$17,795$16,774$15,813$13,571
7 years$16,995$15,854$14,787$13,791$12,860$10,722
8 years$14,721$13,590$12,541$11,569$10,669$8,634
9 years$12,952$11,832$10,801$9,854$8,984$7,052
10 years$11,539$10,430$9,417$8,494$7,655$5,823
11 years$10,383$9,285$8,291$7,392$6,584$4,850
12 years$9,420$8,334$7,358$6,484$5,705$4,066
13 years$8,606$7,531$6,574$5,725$4,975$3,428
14 years$7,910$6,846$5,906$5,082$4,361$2,904
15 years$7,306$6,254$5,333$4,532$3,840$2,468
16 years$6,778$5,738$4,835$4,058$3,394$2,105
17 years$6,313$5,284$4,399$3,646$3,009$1,800
18 years$5,901$4,883$4,016$3,286$2,676$1,542
19 years$5,532$4,525$3,677$2,969$2,385$1,324
20 years$5,200$4,205$3,374$2,689$2,130$1,138
21 years$4,900$3,917$3,104$2,440$1,906$980
22 years$4,628$3,656$2,860$2,219$1,709$845
23 years$4,380$3,420$2,641$2,021$1,534$729
24 years$4,153$3,204$2,443$1,843$1,379$629
25 years$3,945$3,007$2,262$1,683$1,241$544
26 years$3,752$2,826$2,098$1,539$1,117$470
27 years$3,575$2,660$1,948$1,409$1,007$407
28 years$3,410$2,506$1,811$1,291$909$352
29 years$3,257$2,364$1,686$1,184$821$305
30 years$3,114$2,233$1,570$1,086$742$264
31 years$2,981$2,111$1,464$998$671$229
32 years$2,857$1,997$1,366$917$607$198
33 years$2,740$1,891$1,275$843$549$172
34 years$2,630$1,793$1,191$776$497$149
35 years$2,527$1,700$1,114$714$450$129
36 years$2,430$1,614$1,042$658$408$112
37 years$2,338$1,533$975$606$370$97
38 years$2,252$1,457$913$559$335$84
39 years$2,170$1,385$856$515$304$73
40 years$2,092$1,318$802$475$276$63
41 years$2,018$1,254$752$438$250$55
42 years$1,948$1,195$705$404$227$48
43 years$1,881$1,138$662$373$206$41
44 years$1,818$1,085$621$345$187$36
45 years$1,757$1,035$583$318$170$31
46 years$1,700$987$548$294$154$27
47 years$1,645$942$515$272$140$24
48 years$1,592$899$484$251$127$20
49 years$1,542$859$455$232$115$18
50 years$1,494$820$428$214$105$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,530,000, adding $6,624 every year, while hoping to spend $40,746 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: 57/27/16 Blend
44$1,530,000$1,530,000$1,530,000$1,530,000
45$1,692,893$1,611,803$1,588,088$1,781,966
46$1,822,214$1,647,428$1,597,935$1,878,768
47$1,963,361$1,683,432$1,606,747$1,979,187
48$2,117,496$1,719,793$1,614,445$2,087,685
49$2,285,900$1,756,482$1,620,948$2,205,045
50$2,469,982$1,793,470$1,626,171$2,332,129
51$2,671,295$1,830,725$1,630,022$2,469,888
52$2,891,547$1,868,210$1,632,407$2,619,371
53$3,132,619$1,905,887$1,633,228$2,781,732
54$3,396,585$1,943,714$1,632,379$2,958,242
55$3,685,724$1,981,643$1,629,752$3,150,305
56$4,002,551$2,019,626$1,625,231$3,359,465
57$4,349,831$2,057,608$1,618,696$3,587,426
58$4,730,613$2,095,531$1,610,022$3,836,064
59$5,148,254$2,133,330$1,599,076$4,107,449
60$5,606,450$2,170,937$1,585,719$4,403,860
61$6,109,274$2,208,280$1,569,807$4,727,811
62$6,661,212$2,245,277$1,551,187$5,082,072
63$7,267,204$2,281,844$1,529,701$5,469,696
64$7,932,694$2,317,889$1,505,180$5,894,048
65$8,663,677$2,353,314$1,477,452$6,358,839
66$9,466,758$2,388,013$1,446,333$6,868,158
67$10,349,215$2,421,872$1,411,633$7,426,511
68$11,319,063$2,454,772$1,373,150$8,038,866
69$12,385,133$2,486,582$1,330,677$8,710,701
70$13,557,156$2,517,163$1,283,993$9,448,051
71$14,845,850$2,546,369$1,232,871$10,257,571
72$16,263,025$2,574,040$1,177,072$11,146,593
73$17,821,694$2,600,008$1,116,344$12,123,203
74$19,536,193$2,624,094$1,050,427$13,196,312
75$21,422,315$2,646,105$979,047$14,375,742
76$23,497,465$2,665,839$901,919$15,672,319
77$25,780,818$2,683,076$818,745$17,097,979
78$28,293,501$2,697,586$729,212$18,665,874
79$31,058,794$2,709,123$632,996$20,390,505
80$34,102,346$2,717,425$529,757$22,287,853
81$37,452,420$2,722,214$419,138$24,375,534
82$41,140,158$2,723,194$300,771$26,672,965
83$45,199,875$2,720,052$174,268$29,201,546
84$49,669,381$2,712,452$39,224$31,984,869
85$54,590,338$2,700,043$0$35,048,932
86$60,008,656$2,682,448$0$38,440,302
87$65,974,920$2,659,270$0$42,180,967
88$72,544,873$2,630,085$0$46,299,120
89$79,779,937$2,594,446$0$50,833,213
90$87,747,795$2,551,878$0$55,825,628
91$96,523,029$2,501,880$0$61,323,069
92$106,187,824$2,443,918$0$67,377,008
93$116,832,740$2,377,428$0$74,044,170
94$128,557,571$2,301,813$0$81,387,069
95$141,472,283$2,216,442$0$89,474,600
96$155,698,054$2,120,646$0$98,382,690
97$171,368,415$2,013,717$0$108,195,014
98$188,630,511$1,894,907$0$119,003,788
99$207,646,491$1,763,424$0$130,910,639
100$228,595,034$1,618,433$0$144,027,564