Can I retire at age 45 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$113,959$112,944$111,954$110,987$110,043$106,777
2 years$56,415$55,365$54,346$53,359$52,401$49,138
3 years$37,237$36,181$35,166$34,188$33,246$30,087
4 years$27,649$26,597$25,592$24,630$23,711$20,682
5 years$21,898$20,853$19,860$18,918$18,025$15,133
6 years$18,065$17,028$16,050$15,129$14,262$11,510
7 years$15,329$14,300$13,338$12,439$11,599$8,987
8 years$13,277$12,258$11,311$10,434$9,623$7,148
9 years$11,683$10,672$9,742$8,888$8,104$5,765
10 years$10,407$9,407$8,494$7,661$6,905$4,699
11 years$9,365$8,375$7,478$6,668$5,938$3,861
12 years$8,497$7,517$6,636$5,848$5,146$3,193
13 years$7,763$6,793$5,929$5,163$4,487$2,654
14 years$7,134$6,175$5,327$4,583$3,934$2,216
15 years$6,590$5,641$4,810$4,088$3,463$1,856
16 years$6,114$5,175$4,361$3,660$3,061$1,559
17 years$5,695$4,766$3,968$3,288$2,714$1,313
18 years$5,322$4,404$3,622$2,964$2,413$1,108
19 years$4,989$4,082$3,316$2,678$2,151$936
20 years$4,690$3,793$3,043$2,425$1,921$792
21 years$4,420$3,533$2,799$2,201$1,719$671
22 years$4,174$3,298$2,580$2,001$1,541$569
23 years$3,951$3,084$2,382$1,823$1,383$483
24 years$3,746$2,890$2,203$1,662$1,243$410
25 years$3,558$2,712$2,041$1,518$1,119$348
26 years$3,384$2,549$1,893$1,388$1,008$296
27 years$3,224$2,399$1,757$1,271$909$252
28 years$3,076$2,260$1,634$1,164$820$214
29 years$2,938$2,132$1,520$1,068$740$182
30 years$2,809$2,014$1,416$980$669$155
31 years$2,689$1,904$1,320$900$605$132
32 years$2,577$1,801$1,232$827$547$113
33 years$2,471$1,706$1,150$760$495$96
34 years$2,372$1,617$1,075$700$448$82
35 years$2,279$1,533$1,005$644$406$70
36 years$2,192$1,455$940$593$368$59
37 years$2,109$1,382$880$547$333$51
38 years$2,031$1,314$824$504$302$43
39 years$1,957$1,249$772$464$274$37
40 years$1,887$1,189$723$428$249$31
41 years$1,820$1,131$678$395$226$27
42 years$1,757$1,078$636$365$205$23
43 years$1,697$1,027$597$337$186$19
44 years$1,640$979$560$311$169$17
45 years$1,585$933$526$287$153$14
46 years$1,533$890$494$265$139$12
47 years$1,484$850$464$245$126$10
48 years$1,436$811$436$226$115$9
49 years$1,391$774$410$209$104$7
50 years$1,347$740$386$193$95$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,380,000, adding $2,184 every year, while hoping to spend $54,816 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: 40/48/12 Blend
44$1,380,000$1,380,000$1,380,000$1,380,000
45$1,523,013$1,449,873$1,428,483$1,578,390
46$1,620,036$1,462,593$1,418,013$1,630,405
47$1,725,119$1,474,099$1,405,356$1,681,074
48$1,839,025$1,484,274$1,390,379$1,734,679
49$1,962,595$1,492,992$1,372,946$1,791,510
50$2,096,752$1,500,122$1,352,912$1,851,890
51$2,242,514$1,505,521$1,330,128$1,916,177
52$2,400,998$1,509,039$1,304,435$1,984,768
53$2,573,434$1,510,516$1,275,668$2,058,106
54$2,761,177$1,509,783$1,243,655$2,136,679
55$2,965,714$1,506,660$1,208,215$2,221,032
56$3,188,686$1,500,955$1,169,159$2,311,768
57$3,431,895$1,492,466$1,126,289$2,409,554
58$3,697,328$1,480,976$1,079,399$2,515,133
59$3,987,169$1,466,257$1,028,272$2,629,325
60$4,303,824$1,448,068$972,684$2,753,042
61$4,649,943$1,426,151$912,397$2,887,293
62$5,028,439$1,400,236$847,165$3,033,195
63$5,442,525$1,370,032$776,730$3,191,987
64$5,895,735$1,335,236$700,823$3,365,040
65$6,391,962$1,295,524$619,162$3,553,873
66$6,935,492$1,250,555$531,453$3,760,166
67$7,531,045$1,199,966$437,391$3,985,782
68$8,183,822$1,143,374$336,653$4,232,778
69$8,899,547$1,080,374$228,906$4,503,433
70$9,684,526$1,010,538$113,800$4,800,269
71$10,545,706$933,413$0$5,126,074
72$11,490,737$848,519$0$5,485,090
73$12,528,047$755,351$0$5,895,195
74$13,666,917$653,373$0$6,345,624
75$14,917,574$542,019$0$6,840,602
76$16,291,282$420,694$0$7,384,791
77$17,800,450$288,765$0$7,983,344
78$19,458,748$145,566$0$8,641,951
79$21,281,236$0$0$9,366,895
80$23,284,505$0$0$10,170,190
81$25,486,834$0$0$11,138,028
82$27,908,361$0$0$12,202,395
83$30,571,272$0$0$13,373,068
84$33,500,012$0$0$14,660,820
85$36,721,514$0$0$16,077,520
86$40,265,450$0$0$17,636,243
87$44,164,516$0$0$19,351,400
88$48,454,734$0$0$21,238,864
89$53,175,796$0$0$23,316,128
90$58,371,435$0$0$25,602,467
91$64,089,837$0$0$28,119,118
92$70,384,099$0$0$30,889,480
93$77,312,724$0$0$33,939,339
94$84,940,176$0$0$37,297,107
95$93,337,488$0$0$40,994,089
96$102,582,928$0$0$45,064,783
97$112,762,740$0$0$49,547,201
98$123,971,959$0$0$54,483,228
99$136,315,302$0$0$59,919,020
100$149,908,159$0$0$65,905,435