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%14.1%
1 years$126,346$125,221$124,123$123,051$122,004$119,934
2 years$62,548$61,383$60,254$59,159$58,097$56,018
3 years$41,284$40,114$38,988$37,904$36,859$34,835
4 years$30,655$29,488$28,373$27,308$26,288$24,336
5 years$24,278$23,119$22,019$20,975$19,984$18,108
6 years$20,029$18,878$17,795$16,774$15,813$14,016
7 years$16,995$15,854$14,787$13,791$12,860$11,142
8 years$14,721$13,590$12,541$11,569$10,669$9,030
9 years$12,952$11,832$10,801$9,854$8,984$7,424
10 years$11,539$10,430$9,417$8,494$7,655$6,172
11 years$10,383$9,285$8,291$7,392$6,584$5,176
12 years$9,420$8,334$7,358$6,484$5,705$4,371
13 years$8,606$7,531$6,574$5,725$4,975$3,712
14 years$7,910$6,846$5,906$5,082$4,361$3,168
15 years$7,306$6,254$5,333$4,532$3,840$2,713
16 years$6,778$5,738$4,835$4,058$3,394$2,332
17 years$6,313$5,284$4,399$3,646$3,009$2,009
18 years$5,901$4,883$4,016$3,286$2,676$1,736
19 years$5,532$4,525$3,677$2,969$2,385$1,502
20 years$5,200$4,205$3,374$2,689$2,130$1,302
21 years$4,900$3,917$3,104$2,440$1,906$1,130
22 years$4,628$3,656$2,860$2,219$1,709$983
23 years$4,380$3,420$2,641$2,021$1,534$855
24 years$4,153$3,204$2,443$1,843$1,379$745
25 years$3,945$3,007$2,262$1,683$1,241$649
26 years$3,752$2,826$2,098$1,539$1,117$566
27 years$3,575$2,660$1,948$1,409$1,007$494
28 years$3,410$2,506$1,811$1,291$909$432
29 years$3,257$2,364$1,686$1,184$821$377
30 years$3,114$2,233$1,570$1,086$742$330
31 years$2,981$2,111$1,464$998$671$288
32 years$2,857$1,997$1,366$917$607$252
33 years$2,740$1,891$1,275$843$549$220
34 years$2,630$1,793$1,191$776$497$193
35 years$2,527$1,700$1,114$714$450$169
36 years$2,430$1,614$1,042$658$408$148
37 years$2,338$1,533$975$606$370$129
38 years$2,252$1,457$913$559$335$113
39 years$2,170$1,385$856$515$304$99
40 years$2,092$1,318$802$475$276$87
41 years$2,018$1,254$752$438$250$76
42 years$1,948$1,195$705$404$227$67
43 years$1,881$1,138$662$373$206$58
44 years$1,818$1,085$621$345$187$51
45 years$1,757$1,035$583$318$170$45
46 years$1,700$987$548$294$154$39
47 years$1,645$942$515$272$140$34
48 years$1,592$899$484$251$127$30
49 years$1,542$859$455$232$115$26
50 years$1,494$820$428$214$105$23

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 $2,201 every year, while hoping to spend $46,795 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: 67/14/19 Blend
44$1,530,000$1,530,000$1,530,000$1,530,000
45$1,688,330$1,607,240$1,583,525$1,793,365
46$1,810,751$1,636,206$1,586,784$1,892,893
47$1,944,089$1,665,022$1,588,583$1,996,055
48$2,089,411$1,693,632$1,588,825$2,107,733
49$2,247,886$1,721,976$1,587,406$2,228,762
50$2,420,805$1,749,987$1,584,219$2,360,063
51$2,609,586$1,777,595$1,579,149$2,502,651
52$2,815,791$1,804,725$1,572,078$2,657,646
53$3,041,140$1,831,294$1,562,881$2,826,280
54$3,287,525$1,857,217$1,551,427$3,009,913
55$3,557,033$1,882,400$1,537,579$3,210,044
56$3,851,956$1,906,744$1,521,194$3,428,325
57$4,174,823$1,930,142$1,502,122$3,666,576
58$4,528,416$1,952,481$1,480,204$3,926,805
59$4,915,801$1,973,638$1,455,277$4,211,224
60$5,340,351$1,993,485$1,427,168$4,522,273
61$5,805,785$2,011,884$1,395,695$4,862,641
62$6,316,195$2,028,686$1,360,671$5,235,291
63$6,876,091$2,043,736$1,321,898$5,643,491
64$7,490,440$2,056,866$1,279,169$6,090,844
65$8,164,711$2,067,899$1,232,267$6,581,319
66$8,904,930$2,076,645$1,180,967$7,119,294
67$9,717,736$2,082,903$1,125,032$7,709,594
68$10,610,439$2,086,459$1,064,215$8,357,538
69$11,591,095$2,087,087$998,257$9,068,989
70$12,668,578$2,084,545$926,890$9,850,411
71$13,852,662$2,078,577$849,830$10,708,929
72$15,154,117$2,068,911$766,783$11,652,396
73$16,584,808$2,055,259$677,441$12,689,471
74$18,157,806$2,037,315$581,483$13,829,695
75$19,887,513$2,014,753$478,573$15,083,590
76$21,789,794$1,987,231$368,360$16,462,751
77$23,882,131$1,954,383$250,478$17,979,960
78$26,183,784$1,915,824$124,545$19,649,305
79$28,715,975$1,871,144$0$21,486,319
80$31,502,085$1,819,911$0$23,510,114
81$34,567,876$1,761,665$0$25,764,639
82$37,941,734$1,695,921$0$28,245,506
83$41,654,935$1,622,166$0$30,975,729
84$45,741,942$1,539,855$0$33,980,675
85$50,240,727$1,448,415$0$37,288,294
86$55,193,131$1,347,238$0$40,929,389
87$60,645,258$1,235,679$0$44,937,906
88$66,647,908$1,113,061$0$49,351,253
89$73,257,059$978,665$0$54,210,654
90$80,534,391$831,732$0$59,561,537
91$88,547,872$671,461$0$65,453,969
92$97,372,396$497,003$0$71,943,120
93$107,090,490$307,466$0$79,089,792
94$117,793,092$101,904$0$86,960,989
95$129,580,409$0$0$95,630,550
96$142,562,864$0$0$105,198,441
97$156,862,135$0$0$115,754,230
98$172,612,304$0$0$127,381,214
99$189,961,123$0$0$140,188,482
100$209,071,406$0$0$154,296,245