Can I retire at age 45 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$103,224$102,304$101,407$100,532$99,677$97,346
2 years$51,101$50,149$49,227$48,333$47,465$45,130
3 years$33,729$32,773$31,853$30,967$30,114$27,848
4 years$25,045$24,092$23,181$22,310$21,477$19,298
5 years$19,835$18,888$17,989$17,136$16,327$14,239
6 years$16,364$15,424$14,538$13,704$12,919$10,926
7 years$13,885$12,953$12,081$11,267$10,506$8,608
8 years$12,027$11,103$10,246$9,451$8,716$6,912
9 years$10,582$9,667$8,825$8,051$7,340$5,628
10 years$9,427$8,521$7,694$6,940$6,254$4,633
11 years$8,483$7,586$6,773$6,040$5,379$3,846
12 years$7,696$6,809$6,011$5,298$4,661$3,215
13 years$7,031$6,153$5,371$4,677$4,065$2,701
14 years$6,462$5,593$4,825$4,152$3,563$2,280
15 years$5,969$5,109$4,357$3,703$3,137$1,932
16 years$5,538$4,688$3,950$3,315$2,773$1,641
17 years$5,158$4,317$3,594$2,979$2,458$1,398
18 years$4,821$3,989$3,281$2,684$2,186$1,194
19 years$4,519$3,697$3,004$2,426$1,948$1,021
20 years$4,248$3,436$2,757$2,197$1,740$874
21 years$4,004$3,200$2,536$1,994$1,557$750
22 years$3,781$2,987$2,337$1,813$1,396$644
23 years$3,579$2,794$2,158$1,651$1,253$553
24 years$3,393$2,618$1,996$1,506$1,126$476
25 years$3,223$2,457$1,848$1,375$1,014$410
26 years$3,066$2,309$1,714$1,257$913$353
27 years$2,921$2,173$1,592$1,151$823$304
28 years$2,786$2,047$1,480$1,054$743$262
29 years$2,661$1,931$1,377$967$671$226
30 years$2,544$1,824$1,283$887$606$195
31 years$2,436$1,724$1,196$815$548$168
32 years$2,334$1,632$1,116$749$496$145
33 years$2,239$1,545$1,042$689$448$125
34 years$2,149$1,464$973$634$406$108
35 years$2,065$1,389$910$583$368$93
36 years$1,985$1,318$851$537$333$81
37 years$1,910$1,252$797$495$302$70
38 years$1,840$1,190$746$456$274$60
39 years$1,772$1,132$699$421$248$52
40 years$1,709$1,077$655$388$225$45
41 years$1,649$1,025$614$358$204$39
42 years$1,591$976$576$330$185$34
43 years$1,537$930$541$305$168$29
44 years$1,485$886$508$282$153$25
45 years$1,436$845$477$260$139$22
46 years$1,389$806$448$240$126$19
47 years$1,344$770$421$222$114$16
48 years$1,301$735$395$205$104$14
49 years$1,260$702$372$190$94$12
50 years$1,220$670$349$175$86$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,250,000, adding $5,566 every year, while hoping to spend $35,199 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: 61/34/5 Blend
44$1,250,000$1,250,000$1,250,000$1,250,000
45$1,383,241$1,316,991$1,297,616$1,466,152
46$1,486,880$1,344,072$1,303,635$1,549,270
47$1,599,911$1,371,301$1,308,676$1,635,318
48$1,723,254$1,398,646$1,312,668$1,728,289
49$1,857,923$1,426,077$1,315,539$1,828,849
50$2,005,033$1,453,557$1,317,212$1,937,731
51$2,165,812$1,481,047$1,317,605$2,055,743
52$2,341,614$1,508,507$1,316,633$2,183,775
53$2,533,927$1,535,892$1,314,208$2,322,808
54$2,744,389$1,563,153$1,310,236$2,473,920
55$2,974,807$1,590,238$1,304,620$2,638,303
56$3,227,168$1,617,090$1,297,255$2,817,268
57$3,503,661$1,643,649$1,288,035$3,012,257
58$3,806,697$1,669,850$1,276,846$3,224,865
59$4,138,931$1,695,624$1,263,572$3,456,843
60$4,503,287$1,720,895$1,248,087$3,710,126
61$4,902,986$1,745,583$1,230,262$3,986,843
62$5,341,577$1,769,602$1,209,961$4,289,341
63$5,822,965$1,792,860$1,187,043$4,620,207
64$6,351,457$1,815,260$1,161,358$4,982,293
65$6,931,793$1,836,695$1,132,751$5,378,739
66$7,569,197$1,857,054$1,101,059$5,813,009
67$8,269,422$1,876,217$1,066,112$6,288,920
68$9,038,808$1,894,056$1,027,731$6,810,678
69$9,884,337$1,910,435$985,730$7,382,919
70$10,813,702$1,925,209$939,915$8,010,753
71$11,835,379$1,938,224$890,082$8,699,811
72$12,958,706$1,949,315$836,018$9,456,302
73$14,193,969$1,958,307$777,500$10,287,067
74$15,552,504$1,965,015$714,296$11,199,647
75$17,046,799$1,969,239$646,164$12,202,354
76$18,690,611$1,970,771$572,850$13,304,349
77$20,499,101$1,969,386$494,088$14,515,729
78$22,488,972$1,964,848$409,602$15,847,624
79$24,678,626$1,956,905$319,103$17,312,301
80$27,088,342$1,945,290$222,289$18,923,279
81$29,740,463$1,929,719$118,846$20,695,462
82$32,659,608$1,909,893$8,444$22,645,274
83$35,872,902$1,885,491$0$24,790,820
84$39,410,235$1,856,178$0$27,157,887
85$43,304,543$1,821,594$0$29,763,495
86$47,592,116$1,781,362$0$32,631,452
87$52,312,942$1,735,079$0$35,788,497
88$57,511,085$1,682,321$0$39,264,097
89$63,235,099$1,622,638$0$43,090,733
90$69,538,486$1,555,554$0$47,304,198
91$76,480,200$1,480,564$0$51,943,945
92$84,125,206$1,397,138$0$57,053,454
93$92,545,089$1,304,710$0$62,680,644
94$101,818,733$1,202,685$0$68,878,331
95$112,033,060$1,090,433$0$75,704,721
96$123,283,857$967,289$0$83,223,967
97$135,676,673$832,548$0$91,506,770
98$149,327,818$685,468$0$100,631,051
99$164,365,463$525,263$0$110,682,689
100$180,930,843$351,104$0$121,756,329