Can I retire at age 45 with 1,470,000?

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 $1,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$121,391$120,310$119,255$118,225$117,220$114,619
2 years$60,095$58,975$57,891$56,839$55,819$53,212
3 years$39,665$38,541$37,459$36,417$35,414$32,882
4 years$29,452$28,332$27,261$26,237$25,257$22,821
5 years$23,326$22,212$21,155$20,152$19,200$16,866
6 years$19,244$18,138$17,097$16,116$15,193$12,962
7 years$16,329$15,232$14,207$13,250$12,356$10,230
8 years$14,143$13,057$12,049$11,115$10,250$8,228
9 years$12,444$11,368$10,378$9,467$8,632$6,713
10 years$11,086$10,021$9,048$8,161$7,355$5,536
11 years$9,976$8,921$7,965$7,103$6,326$4,604
12 years$9,051$8,007$7,069$6,230$5,482$3,856
13 years$8,269$7,236$6,316$5,500$4,780$3,247
14 years$7,599$6,577$5,675$4,882$4,190$2,746
15 years$7,020$6,008$5,124$4,354$3,689$2,331
16 years$6,513$5,513$4,645$3,899$3,261$1,985
17 years$6,066$5,077$4,227$3,503$2,891$1,695
18 years$5,669$4,691$3,859$3,157$2,571$1,450
19 years$5,315$4,348$3,532$2,852$2,291$1,243
20 years$4,996$4,040$3,242$2,583$2,047$1,067
21 years$4,708$3,763$2,982$2,345$1,831$917
22 years$4,447$3,513$2,748$2,132$1,642$789
23 years$4,208$3,286$2,538$1,942$1,474$680
24 years$3,990$3,078$2,347$1,771$1,325$586
25 years$3,790$2,889$2,174$1,617$1,192$506
26 years$3,605$2,715$2,016$1,479$1,074$437
27 years$3,435$2,555$1,872$1,353$968$377
28 years$3,276$2,408$1,740$1,240$873$326
29 years$3,129$2,271$1,619$1,137$789$282
30 years$2,992$2,145$1,508$1,044$713$244
31 years$2,864$2,028$1,406$958$644$211
32 years$2,745$1,919$1,312$881$583$182
33 years$2,633$1,817$1,225$810$527$158
34 years$2,527$1,722$1,145$745$478$136
35 years$2,428$1,633$1,070$686$433$118
36 years$2,335$1,550$1,001$632$392$102
37 years$2,247$1,473$937$582$355$89
38 years$2,163$1,399$877$537$322$77
39 years$2,084$1,331$822$495$292$66
40 years$2,010$1,266$771$456$265$58
41 years$1,939$1,205$723$421$240$50
42 years$1,872$1,148$678$389$218$43
43 years$1,808$1,094$636$359$198$37
44 years$1,747$1,042$597$331$180$32
45 years$1,689$994$561$306$163$28
46 years$1,633$948$526$283$148$24
47 years$1,580$905$495$261$134$21
48 years$1,530$864$465$241$122$18
49 years$1,481$825$437$223$111$16
50 years$1,435$788$411$206$101$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,470,000, adding $2,363 every year, while hoping to spend $40,379 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: 75/20/5 Blend
44$1,470,000$1,470,000$1,470,000$1,470,000
45$1,622,377$1,544,467$1,521,682$1,743,343
46$1,744,897$1,577,183$1,529,696$1,855,877
47$1,878,560$1,610,149$1,536,624$1,973,743
48$2,024,461$1,643,334$1,542,389$2,101,713
49$2,183,804$1,676,705$1,546,907$2,240,771
50$2,357,915$1,710,226$1,550,091$2,392,002
51$2,548,252$1,743,858$1,551,849$2,556,597
52$2,756,424$1,777,557$1,552,086$2,735,873
53$2,984,199$1,811,277$1,550,701$2,931,275
54$3,233,526$1,844,969$1,547,588$3,144,399
55$3,506,550$1,878,576$1,542,637$3,377,001
56$3,805,633$1,912,041$1,535,730$3,631,015
57$4,133,377$1,945,301$1,526,746$3,908,571
58$4,492,648$1,978,287$1,515,558$4,212,018
59$4,886,600$2,010,925$1,502,032$4,543,941
60$5,318,711$2,043,138$1,486,027$4,907,190
61$5,792,807$2,074,840$1,467,397$5,304,903
62$6,313,106$2,105,940$1,445,988$5,740,538
63$6,884,253$2,136,341$1,421,639$6,217,907
64$7,511,364$2,165,939$1,394,181$6,741,206
65$8,200,076$2,194,622$1,363,438$7,315,063
66$8,956,596$2,222,271$1,329,226$7,944,575
67$9,787,765$2,248,758$1,291,351$8,635,357
68$10,701,117$2,273,948$1,249,612$9,393,599
69$11,704,954$2,297,694$1,203,796$10,226,120
70$12,808,420$2,319,842$1,153,685$11,140,435
71$14,021,591$2,340,227$1,099,045$12,144,825
72$15,355,567$2,358,671$1,039,637$13,248,414
73$16,822,578$2,374,989$975,207$14,461,259
74$18,436,097$2,388,979$905,493$15,794,440
75$20,210,969$2,400,430$830,217$17,260,169
76$22,163,552$2,409,115$749,094$18,871,901
77$24,311,867$2,414,794$661,821$20,644,467
78$26,675,771$2,417,212$568,085$22,594,208
79$29,277,141$2,416,098$467,558$24,739,134
80$32,140,086$2,411,162$359,897$27,099,090
81$35,291,166$2,402,100$244,745$29,695,947
82$38,759,649$2,388,587$121,728$32,553,809
83$42,577,784$2,370,279$0$35,699,237
84$46,781,105$2,346,810$0$39,162,012
85$51,408,767$2,317,793$0$42,980,847
86$56,503,915$2,282,818$0$47,184,813
87$62,114,088$2,241,450$0$51,813,112
88$68,291,672$2,193,229$0$56,908,944
89$75,094,391$2,137,666$0$62,519,915
90$82,585,853$2,074,245$0$68,698,488
91$90,836,146$2,002,418$0$75,502,478
92$99,922,504$1,921,609$0$82,995,598
93$109,930,035$1,831,203$0$91,248,060
94$120,952,521$1,730,554$0$100,337,239
95$133,093,303$1,618,976$0$110,348,404
96$146,466,259$1,495,745$0$121,375,523
97$161,196,875$1,360,095$0$133,522,150
98$177,423,433$1,211,216$0$146,902,404
99$195,298,311$1,048,254$0$161,642,048
100$214,989,424$870,303$0$177,879,673