Can I retire at age 45 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$120,565$119,492$118,444$117,421$116,422$112,292
2 years$59,686$58,574$57,497$56,452$55,439$51,322
3 years$39,395$38,279$37,204$36,170$35,173$31,198
4 years$29,252$28,139$27,075$26,058$25,086$21,283
5 years$23,168$22,061$21,011$20,015$19,070$15,450
6 years$19,113$18,015$16,980$16,006$15,089$11,655
7 years$16,217$15,129$14,111$13,160$12,272$9,023
8 years$14,047$12,968$11,967$11,039$10,180$7,114
9 years$12,360$11,291$10,307$9,403$8,573$5,685
10 years$11,011$9,953$8,986$8,106$7,305$4,590
11 years$9,908$8,860$7,911$7,054$6,283$3,735
12 years$8,989$7,952$7,021$6,188$5,444$3,058
13 years$8,213$7,187$6,273$5,463$4,748$2,517
14 years$7,548$6,532$5,636$4,849$4,162$2,079
15 years$6,972$5,968$5,089$4,325$3,664$1,723
16 years$6,468$5,475$4,614$3,872$3,238$1,432
17 years$6,025$5,042$4,198$3,479$2,871$1,193
18 years$5,631$4,659$3,832$3,135$2,553$995
19 years$5,279$4,318$3,508$2,833$2,276$831
20 years$4,962$4,013$3,220$2,566$2,033$695
21 years$4,676$3,738$2,962$2,329$1,819$582
22 years$4,416$3,489$2,730$2,117$1,631$488
23 years$4,180$3,263$2,520$1,928$1,464$409
24 years$3,963$3,057$2,331$1,759$1,316$343
25 years$3,764$2,869$2,159$1,606$1,184$288
26 years$3,581$2,697$2,002$1,469$1,066$242
27 years$3,411$2,538$1,859$1,344$961$204
28 years$3,254$2,391$1,728$1,232$867$171
29 years$3,108$2,256$1,608$1,129$783$144
30 years$2,972$2,131$1,498$1,037$708$121
31 years$2,845$2,014$1,397$952$640$102
32 years$2,726$1,906$1,303$875$579$86
33 years$2,615$1,805$1,217$805$524$72
34 years$2,510$1,710$1,137$740$474$61
35 years$2,412$1,622$1,063$681$430$51
36 years$2,319$1,540$994$628$389$43
37 years$2,231$1,463$931$578$353$36
38 years$2,149$1,390$872$533$320$30
39 years$2,070$1,322$817$491$290$26
40 years$1,996$1,257$765$453$263$21
41 years$1,926$1,197$718$418$239$18
42 years$1,859$1,140$673$386$217$15
43 years$1,795$1,086$632$356$197$13
44 years$1,735$1,035$593$329$178$11
45 years$1,677$987$557$304$162$9
46 years$1,622$942$523$281$147$8
47 years$1,570$899$491$259$134$6
48 years$1,519$858$462$240$121$5
49 years$1,471$819$434$221$110$5
50 years$1,425$783$408$205$100$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,460,000, adding $6,256 every year, while hoping to spend $43,390 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: 75/8/17 Blend
44$1,460,000$1,460,000$1,460,000$1,460,000
45$1,615,373$1,537,993$1,515,363$1,729,860
46$1,733,974$1,567,188$1,519,961$1,835,674
47$1,863,219$1,596,359$1,523,259$1,945,647
48$2,004,146$1,625,460$1,525,167$2,065,030
49$2,157,901$1,654,439$1,525,592$2,194,748
50$2,325,743$1,683,243$1,524,435$2,335,820
51$2,509,058$1,711,811$1,521,593$2,489,370
52$2,709,373$1,740,081$1,516,958$2,656,635
53$2,928,369$1,767,984$1,510,415$2,838,978
54$3,167,895$1,795,448$1,501,847$3,037,901
55$3,429,989$1,822,394$1,491,128$3,255,061
56$3,716,894$1,848,738$1,478,127$3,492,280
57$4,031,081$1,874,389$1,462,707$3,751,570
58$4,375,269$1,899,252$1,444,726$4,035,144
59$4,752,454$1,923,224$1,424,032$4,345,446
60$5,165,936$1,946,193$1,400,469$4,685,164
61$5,619,348$1,968,043$1,373,871$5,057,263
62$6,116,693$1,988,648$1,344,067$5,465,010
63$6,662,378$2,007,874$1,310,875$5,912,006
64$7,261,259$2,025,579$1,274,108$6,402,219
65$7,918,684$2,041,609$1,233,568$6,940,023
66$8,640,545$2,055,803$1,189,048$7,530,236
67$9,433,332$2,067,989$1,140,332$8,178,171
68$10,304,194$2,077,982$1,087,195$8,889,681
69$11,261,007$2,085,588$1,029,401$9,671,219
70$12,312,447$2,090,599$966,703$10,529,894
71$13,468,072$2,092,795$898,844$11,473,544
72$14,738,414$2,091,940$825,553$12,510,805
73$16,135,073$2,087,786$746,550$13,651,195
74$17,670,832$2,080,069$661,541$14,905,206
75$19,359,772$2,068,508$570,218$16,284,398
76$21,217,410$2,052,806$472,261$17,801,515
77$23,260,840$2,032,647$367,336$19,470,601
78$25,508,895$2,007,696$255,091$21,307,132
79$27,982,329$1,977,600$135,164$23,328,167
80$30,704,007$1,941,982$7,172$25,552,505
81$33,699,121$1,900,445$0$28,000,866
82$36,995,431$1,852,566$0$30,719,560
83$40,623,523$1,797,900$0$33,713,193
84$44,617,099$1,735,974$0$37,008,276
85$49,013,294$1,666,287$0$40,635,460
86$53,853,026$1,588,312$0$44,628,518
87$59,181,383$1,501,487$0$49,024,668
88$65,048,045$1,405,222$0$53,864,922
89$71,507,758$1,298,889$0$59,194,471
90$78,620,842$1,181,828$0$65,063,117
91$86,453,769$1,053,339$0$71,525,739
92$95,079,783$912,682$0$78,642,809
93$104,579,594$759,076$0$86,480,970
94$115,042,138$591,696$0$95,113,656
95$126,565,418$409,671$0$104,621,794
96$139,257,425$212,079$0$115,094,561
97$153,237,160$0$0$126,630,228
98$168,635,756$0$0$139,337,270
99$185,597,713$0$0$153,355,063
100$204,282,265$0$0$168,796,539