Can I retire at age 45 with 1,450,000?

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 $1,450,000?

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 years$119,740$118,673$117,632$116,617$115,625$111,434
2 years$59,277$58,173$57,103$56,066$55,060$50,883
3 years$39,125$38,017$36,950$35,922$34,932$30,902
4 years$29,052$27,946$26,890$25,880$24,914$21,060
5 years$23,009$21,910$20,868$19,878$18,939$15,272
6 years$18,982$17,891$16,864$15,897$14,986$11,508
7 years$16,106$15,025$14,014$13,070$12,188$8,899
8 years$13,951$12,879$11,885$10,964$10,111$7,008
9 years$12,275$11,214$10,237$9,339$8,515$5,593
10 years$10,935$9,884$8,925$8,050$7,255$4,510
11 years$9,840$8,799$7,857$7,006$6,239$3,665
12 years$8,928$7,898$6,973$6,145$5,407$2,997
13 years$8,156$7,137$6,230$5,425$4,715$2,463
14 years$7,496$6,488$5,598$4,816$4,133$2,032
15 years$6,924$5,927$5,054$4,295$3,639$1,682
16 years$6,424$5,438$4,582$3,846$3,216$1,396
17 years$5,983$5,008$4,169$3,455$2,852$1,161
18 years$5,592$4,627$3,806$3,114$2,536$967
19 years$5,242$4,289$3,484$2,814$2,260$807
20 years$4,928$3,985$3,198$2,548$2,019$674
21 years$4,644$3,712$2,941$2,313$1,807$563
22 years$4,386$3,465$2,711$2,103$1,619$471
23 years$4,151$3,241$2,503$1,915$1,454$395
24 years$3,936$3,036$2,315$1,747$1,307$331
25 years$3,738$2,850$2,144$1,595$1,176$277
26 years$3,556$2,678$1,989$1,459$1,059$232
27 years$3,388$2,520$1,846$1,335$955$195
28 years$3,232$2,375$1,717$1,223$862$164
29 years$3,087$2,241$1,597$1,122$778$137
30 years$2,952$2,116$1,488$1,029$703$115
31 years$2,825$2,000$1,387$945$635$97
32 years$2,707$1,893$1,294$869$575$81
33 years$2,597$1,792$1,208$799$520$68
34 years$2,493$1,699$1,129$735$471$57
35 years$2,395$1,611$1,056$677$427$48
36 years$2,303$1,529$988$623$387$40
37 years$2,216$1,453$924$574$350$34
38 years$2,134$1,380$866$529$318$29
39 years$2,056$1,313$811$488$288$24
40 years$1,982$1,249$760$450$261$20
41 years$1,912$1,189$713$415$237$17
42 years$1,846$1,132$669$383$215$14
43 years$1,783$1,079$627$354$195$12
44 years$1,723$1,028$589$327$177$10
45 years$1,666$981$553$302$161$8
46 years$1,611$935$519$279$146$7
47 years$1,559$893$488$257$133$6
48 years$1,509$852$458$238$120$5
49 years$1,461$814$431$220$109$4
50 years$1,416$777$405$203$99$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,450,000, adding $2,855 every year, while hoping to spend $46,965 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: 51/33/16 Blend
44$1,450,000$1,450,000$1,450,000$1,450,000
45$1,600,845$1,523,995$1,501,520$1,675,343
46$1,714,161$1,548,700$1,501,850$1,751,528
47$1,837,461$1,573,042$1,500,618$1,829,163
48$1,971,714$1,596,953$1,497,721$1,912,533
49$2,117,985$1,620,361$1,493,051$2,002,195
50$2,277,449$1,643,188$1,486,498$2,098,763
51$2,451,397$1,665,352$1,477,943$2,202,913
52$2,641,249$1,686,764$1,467,264$2,315,395
53$2,848,570$1,707,328$1,454,331$2,437,034
54$3,075,081$1,726,945$1,439,009$2,568,739
55$3,322,680$1,745,506$1,421,156$2,711,516
56$3,593,453$1,762,895$1,400,624$2,866,473
57$3,889,698$1,778,990$1,377,258$3,034,834
58$4,213,947$1,793,660$1,350,895$3,217,950
59$4,568,985$1,806,765$1,321,365$3,417,310
60$4,957,881$1,818,156$1,288,491$3,634,558
61$5,384,014$1,827,675$1,252,085$3,871,507
62$5,851,107$1,835,154$1,211,953$4,130,160
63$6,363,257$1,840,414$1,167,891$4,412,724
64$6,924,981$1,843,266$1,119,686$4,721,635
65$7,541,249$1,843,506$1,067,116$5,059,583
66$8,217,538$1,840,920$1,009,947$5,429,531
67$8,959,883$1,835,281$947,936$5,834,753
68$9,774,928$1,826,346$880,828$6,278,856
69$10,669,992$1,813,859$808,358$6,765,823
70$11,653,142$1,797,548$730,248$7,300,047
71$12,733,259$1,777,125$646,208$7,886,371
72$13,920,130$1,752,283$555,934$8,530,140
73$15,224,536$1,722,698$459,111$9,237,250
74$16,658,355$1,688,026$355,408$10,014,202
75$18,234,673$1,647,905$244,480$10,868,168
76$19,967,906$1,601,949$125,966$11,807,058
77$21,873,937$1,549,749$0$12,839,595
78$23,970,267$1,490,875$0$13,975,489
79$26,276,176$1,424,869$0$15,248,216
80$28,812,907$1,351,249$0$16,648,023
81$31,603,866$1,269,503$0$18,187,885
82$34,674,843$1,179,091$0$19,882,109
83$38,054,252$1,079,441$0$21,746,467
84$41,773,401$969,950$0$23,798,346
85$45,866,789$849,978$0$26,056,911
86$50,372,426$718,851$0$28,543,293
87$55,332,195$575,857$0$31,280,783
88$60,792,248$420,242$0$34,295,057
89$66,803,434$251,212$0$37,614,419
90$73,421,789$67,926$0$41,270,070
91$80,709,055$0$0$45,296,404
92$88,733,266$0$0$49,778,721
93$97,569,392$0$0$54,741,929
94$107,300,040$0$0$60,207,787
95$118,016,239$0$0$66,227,450
96$129,818,296$0$0$72,857,291
97$142,816,741$0$0$80,159,427
98$157,133,373$0$0$88,202,307
99$172,902,404$0$0$97,061,360
100$190,271,732$0$0$106,819,702