Can I retire at age 45 with 1,390,000?

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$114,785$113,762$112,765$111,791$110,841$106,780
2 years$56,824$55,766$54,740$53,746$52,781$48,736
3 years$37,507$36,444$35,421$34,435$33,487$29,583
4 years$27,850$26,790$25,777$24,809$23,883$20,151
5 years$22,057$21,004$20,004$19,056$18,155$14,605
6 years$18,196$17,151$16,166$15,239$14,366$11,000
7 years$15,440$14,403$13,434$12,529$11,683$8,501
8 years$13,374$12,346$11,393$10,510$9,692$6,690
9 years$11,767$10,750$9,813$8,952$8,162$5,337
10 years$10,483$9,475$8,555$7,717$6,955$4,300
11 years$9,433$8,435$7,532$6,716$5,981$3,493
12 years$8,558$7,571$6,684$5,891$5,183$2,854
13 years$7,819$6,842$5,972$5,201$4,520$2,344
14 years$7,186$6,219$5,366$4,617$3,962$1,932
15 years$6,637$5,681$4,845$4,117$3,489$1,598
16 years$6,158$5,213$4,392$3,687$3,083$1,325
17 years$5,736$4,801$3,997$3,312$2,734$1,101
18 years$5,361$4,436$3,649$2,985$2,431$917
19 years$5,025$4,111$3,340$2,697$2,167$764
20 years$4,724$3,820$3,065$2,443$1,935$638
21 years$4,452$3,559$2,820$2,217$1,732$533
22 years$4,205$3,322$2,599$2,016$1,552$446
23 years$3,979$3,107$2,399$1,836$1,393$373
24 years$3,773$2,911$2,219$1,674$1,252$312
25 years$3,584$2,732$2,055$1,529$1,127$261
26 years$3,409$2,567$1,906$1,398$1,015$219
27 years$3,248$2,416$1,770$1,280$915$184
28 years$3,098$2,277$1,646$1,173$826$154
29 years$2,959$2,148$1,531$1,075$746$129
30 years$2,829$2,028$1,426$987$674$108
31 years$2,709$1,918$1,330$906$609$91
32 years$2,595$1,814$1,241$833$551$76
33 years$2,489$1,718$1,158$766$499$64
34 years$2,390$1,628$1,082$705$452$54
35 years$2,296$1,545$1,012$649$409$45
36 years$2,208$1,466$947$597$371$38
37 years$2,124$1,392$886$551$336$32
38 years$2,046$1,323$830$507$304$27
39 years$1,971$1,258$777$468$276$22
40 years$1,900$1,197$729$432$250$19
41 years$1,833$1,140$683$398$227$16
42 years$1,770$1,085$641$367$206$13
43 years$1,709$1,034$601$339$187$11
44 years$1,652$986$565$313$170$9
45 years$1,597$940$530$289$154$8
46 years$1,544$897$498$267$140$7
47 years$1,494$856$468$247$127$6
48 years$1,447$817$440$228$115$5
49 years$1,401$780$413$211$105$4
50 years$1,357$745$388$195$95$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,390,000, adding $5,532 every year, while hoping to spend $54,081 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: 51/23/26 Blend
44$1,390,000$1,390,000$1,390,000$1,390,000
45$1,537,486$1,463,816$1,442,271$1,604,415
46$1,636,768$1,478,001$1,433,046$1,665,711
47$1,744,364$1,491,069$1,421,698$1,726,416
48$1,861,065$1,502,908$1,408,101$1,791,341
49$1,987,741$1,513,398$1,392,120$1,860,911
50$2,125,349$1,522,412$1,373,614$1,935,595
51$2,274,941$1,529,817$1,352,436$2,015,912
52$2,437,674$1,535,467$1,328,433$2,102,437
53$2,614,824$1,539,211$1,301,441$2,195,807
54$2,807,790$1,540,887$1,271,294$2,296,723
55$3,018,116$1,540,322$1,237,814$2,405,965
56$3,247,498$1,537,332$1,200,815$2,524,392
57$3,497,807$1,531,725$1,160,106$2,652,956
58$3,771,097$1,523,294$1,115,484$2,792,710
59$4,069,633$1,511,819$1,066,736$2,944,815
60$4,395,907$1,497,070$1,013,644$3,110,558
61$4,752,663$1,478,800$955,974$3,291,359
62$5,142,922$1,456,748$893,486$3,488,788
63$5,570,010$1,430,639$825,928$3,704,581
64$6,037,590$1,400,179$753,036$3,940,656
65$6,549,695$1,365,059$674,534$4,199,130
66$7,110,768$1,324,951$590,135$4,482,344
67$7,725,700$1,279,507$499,538$4,792,882
68$8,399,879$1,228,360$402,429$5,133,600
69$9,139,237$1,171,121$298,482$5,507,650
70$9,950,311$1,107,377$187,353$5,918,516
71$10,840,299$1,036,695$68,685$6,370,041
72$11,817,131$958,614$0$6,866,471
73$12,889,539$872,647$0$7,428,572
74$14,067,145$778,280$0$8,066,818
75$15,360,548$674,970$0$8,767,961
76$16,781,422$562,142$0$9,538,423
77$18,342,630$439,189$0$10,385,284
78$20,058,340$305,471$0$11,316,352
79$21,944,162$160,311$0$12,340,238
80$24,017,295$2,994$0$13,466,431
81$26,296,684$0$0$14,705,399
82$28,803,203$0$0$16,111,005
83$31,559,852$0$0$17,657,872
84$34,591,969$0$0$19,359,481
85$37,927,472$0$0$21,231,521
86$41,597,120$0$0$23,291,275
87$45,634,805$0$0$25,557,790
88$50,077,870$0$0$28,052,050
89$54,967,459$0$0$30,797,177
90$60,348,908$0$0$33,818,646
91$66,272,170$0$0$37,144,531
92$72,792,287$0$0$40,805,761
93$79,969,907$0$0$44,836,421
94$87,871,857$0$0$49,274,065
95$96,571,774$0$0$54,160,075
96$106,150,798$0$0$59,540,049
97$116,698,337$0$0$65,464,234
98$128,312,910$0$0$71,987,995
99$141,103,076$0$0$79,172,342
100$155,188,460$0$0$87,084,502