Can I retire at age 45 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$104,875$103,941$103,030$102,140$101,272$100,845
2 years$51,919$50,952$50,014$49,106$48,225$47,794
3 years$34,269$33,297$32,363$31,463$30,596$30,174
4 years$25,445$24,477$23,552$22,667$21,821$21,412
5 years$20,153$19,190$18,277$17,410$16,588$16,193
6 years$16,625$15,670$14,771$13,923$13,126$12,744
7 years$14,107$13,160$12,274$11,447$10,675$10,308
8 years$12,219$11,281$10,410$9,603$8,856$8,503
9 years$10,751$9,822$8,966$8,179$7,458$7,120
10 years$9,578$8,657$7,817$7,051$6,354$6,031
11 years$8,618$7,707$6,882$6,136$5,465$5,155
12 years$7,819$6,918$6,107$5,382$4,736$4,440
13 years$7,144$6,251$5,456$4,752$4,130$3,847
14 years$6,565$5,682$4,903$4,218$3,620$3,351
15 years$6,064$5,191$4,426$3,762$3,187$2,931
16 years$5,627$4,763$4,013$3,368$2,817$2,573
17 years$5,241$4,386$3,652$3,026$2,498$2,266
18 years$4,898$4,053$3,334$2,727$2,221$2,001
19 years$4,592$3,756$3,052$2,464$1,980$1,771
20 years$4,316$3,491$2,801$2,232$1,768$1,571
21 years$4,068$3,251$2,576$2,026$1,582$1,395
22 years$3,842$3,035$2,374$1,842$1,418$1,242
23 years$3,636$2,839$2,192$1,677$1,273$1,106
24 years$3,447$2,660$2,028$1,530$1,144$987
25 years$3,274$2,496$1,878$1,397$1,030$881
26 years$3,115$2,346$1,742$1,277$928$788
27 years$2,967$2,208$1,617$1,169$836$705
28 years$2,831$2,080$1,503$1,071$755$631
29 years$2,704$1,962$1,399$982$681$565
30 years$2,585$1,853$1,303$902$616$507
31 years$2,475$1,752$1,215$828$557$454
32 years$2,371$1,658$1,134$761$503$408
33 years$2,274$1,570$1,058$700$456$366
34 years$2,183$1,488$989$644$413$329
35 years$2,098$1,411$925$593$374$295
36 years$2,017$1,339$865$546$339$265
37 years$1,941$1,272$810$503$307$238
38 years$1,869$1,209$758$464$278$214
39 years$1,801$1,150$710$427$252$193
40 years$1,736$1,094$666$394$229$173
41 years$1,675$1,041$624$364$208$156
42 years$1,617$992$586$336$188$140
43 years$1,562$945$549$310$171$126
44 years$1,509$901$516$286$155$114
45 years$1,459$859$484$264$141$102
46 years$1,411$819$455$244$128$92
47 years$1,365$782$427$226$116$83
48 years$1,322$746$402$208$105$75
49 years$1,280$713$377$193$96$67
50 years$1,240$681$355$178$87$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,270,000, adding $4,399 every year, while hoping to spend $36,028 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: 64/30/6 Blend
44$1,270,000$1,270,000$1,270,000$1,270,000
45$1,404,078$1,336,768$1,317,083$1,492,249
46$1,508,960$1,363,936$1,322,871$1,578,644
47$1,623,333$1,391,227$1,327,646$1,668,293
48$1,748,126$1,418,611$1,331,336$1,765,256
49$1,884,364$1,446,052$1,333,865$1,870,239
50$2,033,172$1,473,512$1,335,152$1,984,021
51$2,195,792$1,500,950$1,335,116$2,107,458
52$2,373,590$1,528,323$1,333,669$2,241,495
53$2,568,068$1,555,583$1,330,719$2,387,171
54$2,780,882$1,582,678$1,326,170$2,545,633
55$3,013,856$1,609,553$1,319,920$2,718,142
56$3,268,997$1,636,149$1,311,866$2,906,089
57$3,548,516$1,662,402$1,301,894$3,111,007
58$3,854,848$1,688,242$1,289,891$3,334,583
59$4,190,673$1,713,597$1,275,733$3,578,678
60$4,558,945$1,738,387$1,259,293$3,845,344
61$4,962,917$1,762,527$1,240,439$4,136,838
62$5,406,172$1,785,928$1,219,031$4,455,651
63$5,892,655$1,808,492$1,194,922$4,804,526
64$6,426,713$1,830,116$1,167,960$5,186,488
65$7,013,135$1,850,689$1,137,984$5,604,868
66$7,657,196$1,870,093$1,104,827$6,063,340
67$8,364,705$1,888,203$1,068,314$6,565,951
68$9,142,064$1,904,885$1,028,262$7,117,163
69$9,996,325$1,919,995$984,479$7,721,892
70$10,935,257$1,933,381$936,765$8,385,558
71$11,967,417$1,944,881$884,911$9,114,132
72$13,102,236$1,954,322$828,698$9,914,198
73$14,350,102$1,961,522$767,898$10,793,010
74$15,722,461$1,966,285$702,270$11,758,565
75$17,231,923$1,968,403$631,567$12,819,676
76$18,892,381$1,967,657$555,527$13,986,058
77$20,719,145$1,963,813$473,878$15,268,416
78$22,729,080$1,956,622$386,335$16,678,551
79$24,940,771$1,945,822$292,602$18,229,468
80$27,374,694$1,931,132$192,369$19,935,502
81$30,053,412$1,912,256$85,312$21,812,453
82$33,001,783$1,888,879$0$23,877,734
83$36,247,200$1,860,670$0$26,152,391
84$39,819,845$1,827,274$0$28,661,672
85$43,752,977$1,788,317$0$31,423,450
86$48,083,240$1,743,404$0$34,463,445
87$52,851,015$1,692,116$0$37,810,005
88$58,100,797$1,634,008$0$41,494,370
89$63,881,614$1,568,610$0$45,550,973
90$70,247,493$1,495,426$0$50,017,760
91$77,257,965$1,413,929$0$54,936,553
92$84,978,629$1,323,564$0$60,353,443
93$93,481,772$1,223,742$0$66,319,226
94$102,847,049$1,113,841$0$72,889,886
95$113,162,233$993,204$0$80,127,122
96$124,524,047$861,137$0$88,098,930
97$137,039,072$716,905$0$96,880,252
98$150,824,758$559,734$0$106,553,675
99$166,010,526$388,804$0$117,210,223
100$182,738,994$203,250$0$128,950,208