Can I retire at age 45 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$109,830$108,852$107,897$106,966$106,056$105,344
2 years$54,371$53,359$52,377$51,426$50,503$49,784
3 years$35,888$34,871$33,892$32,949$32,041$31,339
4 years$26,647$25,634$24,664$23,738$22,852$22,171
5 years$21,105$20,097$19,141$18,233$17,372$16,714
6 years$17,411$16,411$15,468$14,581$13,746$13,113
7 years$14,773$13,782$12,854$11,988$11,179$10,571
8 years$12,796$11,813$10,902$10,056$9,274$8,691
9 years$11,259$10,286$9,389$8,566$7,810$7,251
10 years$10,030$9,066$8,186$7,384$6,655$6,120
11 years$9,026$8,071$7,207$6,426$5,723$5,213
12 years$8,189$7,244$6,396$5,637$4,960$4,472
13 years$7,481$6,547$5,714$4,976$4,325$3,861
14 years$6,876$5,951$5,134$4,417$3,791$3,349
15 years$6,351$5,436$4,636$3,939$3,338$2,918
16 years$5,892$4,988$4,203$3,527$2,950$2,551
17 years$5,488$4,593$3,824$3,169$2,616$2,238
18 years$5,129$4,244$3,491$2,856$2,326$1,968
19 years$4,809$3,934$3,196$2,581$2,073$1,734
20 years$4,520$3,655$2,933$2,337$1,852$1,531
21 years$4,260$3,405$2,698$2,121$1,657$1,354
22 years$4,023$3,178$2,487$1,929$1,485$1,200
23 years$3,808$2,973$2,296$1,757$1,333$1,064
24 years$3,610$2,785$2,123$1,602$1,198$945
25 years$3,429$2,614$1,967$1,463$1,078$840
26 years$3,262$2,457$1,824$1,338$971$747
27 years$3,107$2,312$1,694$1,225$876$666
28 years$2,964$2,178$1,574$1,122$790$593
29 years$2,831$2,055$1,465$1,029$714$529
30 years$2,707$1,941$1,365$944$645$472
31 years$2,592$1,835$1,272$867$583$421
32 years$2,483$1,736$1,187$797$527$376
33 years$2,382$1,644$1,108$733$477$336
34 years$2,287$1,558$1,036$674$432$300
35 years$2,197$1,478$968$621$391$268
36 years$2,112$1,403$906$572$355$240
37 years$2,033$1,332$848$527$321$214
38 years$1,957$1,266$794$486$291$192
39 years$1,886$1,204$744$448$264$171
40 years$1,818$1,146$697$413$240$153
41 years$1,754$1,090$654$381$217$137
42 years$1,693$1,038$613$352$197$123
43 years$1,635$989$575$325$179$110
44 years$1,580$943$540$300$163$98
45 years$1,528$899$507$277$148$88
46 years$1,478$858$476$256$134$79
47 years$1,430$819$448$236$122$71
48 years$1,384$782$421$218$110$63
49 years$1,340$746$395$202$100$57
50 years$1,299$713$372$186$91$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,330,000, adding $3,911 every year, while hoping to spend $30,956 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: 25/47/28 Blend
44$1,330,000$1,330,000$1,330,000$1,330,000
45$1,469,694$1,399,204$1,378,589$1,493,453
46$1,586,666$1,434,828$1,391,835$1,549,216
47$1,714,532$1,471,160$1,404,487$1,606,078
48$1,854,369$1,508,203$1,416,493$1,666,402
49$2,007,366$1,545,956$1,427,797$1,730,501
50$2,174,830$1,584,421$1,438,341$1,798,719
51$2,358,201$1,623,595$1,448,063$1,871,434
52$2,559,064$1,663,478$1,456,900$1,949,062
53$2,779,166$1,704,066$1,464,783$2,032,064
54$3,020,429$1,745,353$1,471,641$2,120,947
55$3,284,971$1,787,333$1,477,399$2,216,270
56$3,575,124$1,829,999$1,481,979$2,318,647
57$3,893,459$1,873,341$1,485,297$2,428,759
58$4,242,804$1,917,347$1,487,267$2,547,355
59$4,626,277$1,962,004$1,487,798$2,675,260
60$5,047,312$2,007,297$1,486,793$2,813,385
61$5,509,691$2,053,208$1,484,154$2,962,734
62$6,017,580$2,099,716$1,479,774$3,124,416
63$6,575,570$2,146,798$1,473,543$3,299,651
64$7,188,717$2,194,430$1,465,345$3,489,786
65$7,862,592$2,242,583$1,455,060$3,696,308
66$8,603,332$2,291,225$1,442,560$3,920,855
67$9,417,697$2,340,321$1,427,712$4,165,234
68$10,313,139$2,389,833$1,410,376$4,431,437
69$11,297,863$2,439,718$1,390,408$4,721,664
70$12,380,911$2,489,931$1,367,652$5,038,338
71$13,572,246$2,540,420$1,341,951$5,384,132
72$14,882,844$2,591,130$1,313,136$5,761,995
73$16,324,800$2,642,001$1,281,031$6,175,179
74$17,911,438$2,692,967$1,245,455$6,627,270
75$19,657,441$2,743,959$1,206,214$7,122,222
76$21,578,986$2,794,899$1,163,108$7,664,396
77$23,693,898$2,845,704$1,115,927$8,258,602
78$26,021,817$2,896,285$1,064,452$8,910,143
79$28,584,385$2,946,545$1,008,454$9,624,867
80$31,405,447$2,996,381$947,692$10,409,225
81$34,511,280$3,045,681$881,917$11,270,326
82$37,930,836$3,094,325$810,866$12,216,014
83$41,696,017$3,142,183$734,267$13,254,934
84$45,841,979$3,189,118$651,832$14,396,621
85$50,407,457$3,234,981$563,265$15,651,588
86$55,435,136$3,279,614$468,253$17,031,426
87$60,972,052$3,322,846$366,471$18,548,915
88$67,070,032$3,364,497$257,579$20,218,147
89$73,786,190$3,404,371$141,222$22,054,657
90$81,183,458$3,442,263$17,030$24,075,576
91$89,331,187$3,477,950$0$26,299,787
92$98,305,796$3,511,196$0$28,782,620
93$108,191,493$3,541,751$0$31,520,194
94$119,081,074$3,569,346$0$34,532,848
95$131,076,796$3,593,696$0$37,848,610
96$144,291,338$3,614,497$0$41,498,374
97$158,848,873$3,631,425$0$45,516,189
98$174,886,230$3,644,137$0$49,939,580
99$192,554,193$3,652,267$0$54,809,907
100$212,018,919$3,655,427$0$60,172,755