Can I retire at age 45 with 1,480,000?

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 $1,480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$122,217$121,128$120,066$119,030$118,017$114,978
2 years$60,503$59,377$58,285$57,226$56,199$53,157
3 years$39,935$38,803$37,714$36,665$35,655$32,705
4 years$29,653$28,525$27,446$26,415$25,429$22,595
5 years$23,485$22,364$21,299$20,289$19,331$16,620
6 years$19,375$18,262$17,213$16,226$15,296$12,711
7 years$16,440$15,336$14,304$13,340$12,440$9,981
8 years$14,239$13,146$12,131$11,191$10,320$7,986
9 years$12,529$11,446$10,448$9,532$8,691$6,480
10 years$11,162$10,089$9,109$8,217$7,405$5,314
11 years$10,044$8,982$8,020$7,151$6,369$4,394
12 years$9,112$8,061$7,117$6,272$5,519$3,658
13 years$8,325$7,285$6,359$5,537$4,813$3,062
14 years$7,651$6,622$5,713$4,916$4,219$2,574
15 years$7,067$6,049$5,158$4,384$3,714$2,171
16 years$6,557$5,550$4,677$3,925$3,283$1,837
17 years$6,107$5,111$4,256$3,527$2,911$1,558
18 years$5,708$4,723$3,885$3,178$2,588$1,324
19 years$5,351$4,377$3,556$2,872$2,307$1,128
20 years$5,030$4,068$3,264$2,601$2,061$961
21 years$4,740$3,789$3,002$2,361$1,844$821
22 years$4,477$3,537$2,767$2,146$1,653$701
23 years$4,237$3,308$2,555$1,955$1,484$600
24 years$4,017$3,099$2,363$1,783$1,334$514
25 years$3,816$2,909$2,188$1,628$1,200$440
26 years$3,630$2,734$2,030$1,489$1,081$377
27 years$3,458$2,573$1,885$1,363$975$323
28 years$3,299$2,424$1,752$1,248$879$277
29 years$3,151$2,287$1,630$1,145$794$238
30 years$3,013$2,160$1,519$1,051$717$204
31 years$2,884$2,042$1,416$965$649$175
32 years$2,763$1,932$1,321$887$587$151
33 years$2,650$1,829$1,233$816$531$129
34 years$2,544$1,734$1,152$750$481$111
35 years$2,445$1,645$1,077$691$435$95
36 years$2,351$1,561$1,008$636$395$82
37 years$2,262$1,483$943$586$358$70
38 years$2,178$1,409$883$540$324$61
39 years$2,099$1,340$828$498$294$52
40 years$2,023$1,275$776$459$267$45
41 years$1,952$1,213$727$424$242$38
42 years$1,884$1,156$682$391$220$33
43 years$1,820$1,101$640$361$199$28
44 years$1,758$1,050$601$333$181$24
45 years$1,700$1,001$564$308$164$21
46 years$1,644$955$530$284$149$18
47 years$1,591$911$498$263$135$16
48 years$1,540$870$468$243$123$13
49 years$1,492$831$440$224$112$11
50 years$1,445$793$414$207$101$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,480,000, adding $3,936 every year, while hoping to spend $23,598 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: 64/20/16 Blend
44$1,480,000$1,480,000$1,480,000$1,480,000
45$1,635,020$1,556,580$1,533,640$1,732,993
46$1,776,684$1,607,744$1,559,909$1,850,331
47$1,932,007$1,660,625$1,586,267$1,975,393
48$2,102,357$1,715,281$1,612,692$2,111,440
49$2,289,241$1,771,773$1,639,161$2,259,542
50$2,494,319$1,830,166$1,665,648$2,420,880
51$2,719,420$1,890,524$1,692,128$2,596,753
52$2,966,557$1,952,916$1,718,571$2,788,591
53$3,237,950$2,017,413$1,744,947$2,997,968
54$3,536,042$2,084,088$1,771,224$3,226,620
55$3,863,526$2,153,016$1,797,368$3,476,453
56$4,223,368$2,224,276$1,823,342$3,749,572
57$4,618,835$2,297,949$1,849,107$4,048,291
58$5,053,528$2,374,120$1,874,624$4,375,161
59$5,531,411$2,452,875$1,899,847$4,732,989
60$6,056,855$2,534,306$1,924,732$5,124,868
61$6,634,674$2,618,507$1,949,230$5,554,206
62$7,270,170$2,705,573$1,973,289$6,024,755
63$7,969,188$2,795,607$1,996,855$6,540,649
64$8,738,166$2,888,712$2,019,870$7,106,441
65$9,584,198$2,984,998$2,042,274$7,727,147
66$10,515,099$3,084,575$2,064,003$8,408,292
67$11,539,481$3,187,562$2,084,989$9,155,963
68$12,666,833$3,294,077$2,105,162$9,976,867
69$13,907,610$3,404,247$2,124,445$10,878,391
70$15,273,333$3,518,202$2,142,760$11,868,673
71$16,776,694$3,636,075$2,160,024$12,956,683
72$18,431,681$3,758,007$2,176,149$14,152,298
73$20,253,705$3,884,142$2,191,043$15,466,403
74$22,259,749$4,014,630$2,204,608$16,910,992
75$24,468,524$4,149,628$2,216,743$18,499,278
76$26,900,650$4,289,296$2,227,340$20,245,819
77$29,578,847$4,433,803$2,236,287$22,166,656
78$32,528,152$4,583,322$2,243,466$24,279,464
79$35,776,152$4,738,033$2,248,750$26,603,718
80$39,353,248$4,898,125$2,252,011$29,160,875
81$43,292,936$5,063,790$2,253,111$31,974,580
82$47,632,132$5,235,232$2,251,906$35,070,885
83$52,411,509$5,412,658$2,248,245$38,478,498
84$57,675,892$5,596,287$2,241,970$42,229,050
85$63,474,671$5,786,344$2,232,915$46,357,396
86$69,862,275$5,983,062$2,220,905$50,901,944
87$76,898,680$6,186,685$2,205,758$55,905,015
88$84,649,977$6,397,464$2,187,283$61,413,243
89$93,188,998$6,615,663$2,165,279$67,478,017
90$102,595,997$6,841,551$2,139,537$74,155,961
91$112,959,414$7,075,413$2,109,837$81,509,474
92$124,376,706$7,317,540$2,075,949$89,607,313
93$136,955,268$7,568,238$2,037,631$98,525,247
94$150,813,446$7,827,822$1,994,632$108,346,766
95$166,081,653$8,096,621$1,946,689$119,163,876
96$182,903,603$8,374,976$1,893,523$131,077,959
97$201,437,662$8,663,242$1,834,848$144,200,736
98$221,858,349$8,961,786$1,770,361$158,655,318
99$244,357,979$9,270,992$1,699,746$174,577,370
100$269,148,478$9,591,256$1,622,673$192,116,389