Can I retire at age 45 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$94,966$94,120$93,295$92,489$91,703$88,910
2 years$47,013$46,137$45,289$44,466$43,668$40,878
3 years$31,031$30,151$29,305$28,490$27,705$25,005
4 years$23,041$22,164$21,326$20,525$19,759$17,171
5 years$18,248$17,377$16,550$15,765$15,021$12,551
6 years$15,055$14,190$13,375$12,608$11,885$9,536
7 years$12,774$11,916$11,115$10,365$9,666$7,437
8 years$11,064$10,215$9,426$8,695$8,019$5,909
9 years$9,735$8,894$8,119$7,407$6,753$4,759
10 years$8,673$7,839$7,078$6,384$5,754$3,874
11 years$7,804$6,979$6,231$5,556$4,949$3,179
12 years$7,081$6,264$5,530$4,874$4,288$2,626
13 years$6,469$5,661$4,941$4,303$3,739$2,180
14 years$5,945$5,145$4,439$3,820$3,278$1,817
15 years$5,491$4,700$4,008$3,406$2,886$1,520
16 years$5,095$4,313$3,634$3,050$2,551$1,275
17 years$4,745$3,972$3,307$2,740$2,262$1,072
18 years$4,435$3,670$3,019$2,470$2,011$903
19 years$4,158$3,401$2,763$2,232$1,792$762
20 years$3,908$3,161$2,536$2,021$1,601$644
21 years$3,683$2,944$2,333$1,834$1,433$545
22 years$3,479$2,748$2,150$1,668$1,284$461
23 years$3,292$2,570$1,985$1,519$1,153$391
24 years$3,122$2,408$1,836$1,385$1,036$331
25 years$2,965$2,260$1,700$1,265$932$281
26 years$2,820$2,124$1,577$1,157$840$239
27 years$2,687$1,999$1,464$1,059$757$203
28 years$2,563$1,884$1,361$970$683$172
29 years$2,448$1,777$1,267$890$617$146
30 years$2,341$1,678$1,180$816$557$124
31 years$2,241$1,586$1,100$750$504$106
32 years$2,147$1,501$1,026$689$456$90
33 years$2,059$1,422$958$634$413$76
34 years$1,977$1,347$895$583$374$65
35 years$1,900$1,278$837$537$338$55
36 years$1,826$1,213$783$494$307$47
37 years$1,758$1,152$733$455$278$40
38 years$1,692$1,095$686$420$252$34
39 years$1,631$1,041$643$387$228$29
40 years$1,572$990$603$357$207$25
41 years$1,517$943$565$329$188$21
42 years$1,464$898$530$304$171$18
43 years$1,414$856$498$281$155$15
44 years$1,366$816$467$259$141$13
45 years$1,321$778$439$239$128$11
46 years$1,278$742$412$221$116$9
47 years$1,236$708$387$204$105$8
48 years$1,197$676$364$189$96$7
49 years$1,159$645$342$174$87$6
50 years$1,123$617$321$161$79$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,150,000, adding $2,044 every year, while hoping to spend $20,096 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: 30/45/25 Blend
44$1,150,000$1,150,000$1,150,000$1,150,000
45$1,269,408$1,208,458$1,190,633$1,297,620
46$1,377,506$1,246,291$1,209,138$1,357,431
47$1,495,956$1,285,304$1,227,588$1,419,815
48$1,625,793$1,325,533$1,245,962$1,486,519
49$1,768,157$1,367,017$1,264,235$1,557,932
50$1,924,303$1,409,795$1,282,381$1,634,481
51$2,095,614$1,453,907$1,300,372$1,716,634
52$2,283,611$1,499,393$1,318,179$1,804,907
53$2,489,973$1,546,297$1,335,772$1,899,866
54$2,716,547$1,594,662$1,353,117$2,002,135
55$2,965,369$1,644,534$1,370,180$2,112,398
56$3,238,679$1,695,959$1,386,924$2,231,411
57$3,538,949$1,748,986$1,403,311$2,360,001
58$3,868,899$1,803,664$1,419,299$2,499,082
59$4,231,527$1,860,043$1,434,846$2,649,657
60$4,630,135$1,918,178$1,449,905$2,812,832
61$5,068,361$1,978,121$1,464,429$2,989,822
62$5,550,214$2,039,929$1,478,368$3,181,966
63$6,080,110$2,103,659$1,491,667$3,390,736
64$6,662,913$2,169,370$1,504,270$3,617,757
65$7,303,986$2,237,125$1,516,118$3,864,812
66$8,009,234$2,306,985$1,527,150$4,133,869
67$8,785,164$2,379,016$1,537,298$4,427,092
68$9,638,948$2,453,285$1,546,494$4,746,867
69$10,578,485$2,529,861$1,554,666$5,095,818
70$11,612,481$2,608,814$1,561,738$5,476,837
71$12,750,526$2,690,218$1,567,628$5,893,110
72$14,003,189$2,774,148$1,572,253$6,348,144
73$15,382,116$2,860,682$1,575,525$6,845,803
74$16,900,137$2,949,901$1,577,350$7,390,343
75$18,571,390$3,041,886$1,577,631$7,986,452
76$20,411,457$3,136,723$1,576,266$8,639,294
77$22,437,502$3,234,499$1,573,147$9,354,558
78$24,668,442$3,335,304$1,568,163$10,138,511
79$27,125,121$3,439,232$1,561,194$10,998,059
80$29,830,506$3,546,378$1,552,118$11,940,807
81$32,809,908$3,656,840$1,540,804$12,975,136
82$36,091,215$3,770,721$1,527,116$14,110,278
83$39,705,158$3,888,125$1,510,914$15,356,408
84$43,685,601$4,009,161$1,492,046$16,724,731
85$48,069,860$4,133,938$1,470,358$18,227,598
86$52,899,056$4,262,571$1,445,686$19,878,615
87$58,218,502$4,395,179$1,417,858$21,692,774
88$64,078,129$4,531,882$1,386,696$23,686,592
89$70,532,960$4,672,806$1,352,012$25,878,272
90$77,643,628$4,818,080$1,313,610$28,287,869
91$85,476,947$4,967,835$1,271,286$30,937,482
92$94,106,546$5,122,210$1,224,824$33,851,461
93$103,613,559$5,281,343$1,174,001$37,056,639
94$114,087,394$5,445,381$1,118,582$40,582,580
95$125,626,575$5,614,471$1,058,321$44,461,865
96$138,339,674$5,788,769$992,964$48,730,394
97$152,346,334$5,968,432$922,241$53,427,726
98$167,778,397$6,153,622$845,874$58,597,454
99$184,781,153$6,344,509$763,569$64,287,613
100$203,514,704$6,541,263$675,022$70,551,138