Can I retire at age 45 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$126,346$125,221$124,123$123,051$122,004$119,492
2 years$62,548$61,383$60,254$59,159$58,097$55,578
3 years$41,284$40,114$38,988$37,904$36,859$34,411
4 years$30,655$29,488$28,373$27,308$26,288$23,930
5 years$24,278$23,119$22,019$20,975$19,984$17,723
6 years$20,029$18,878$17,795$16,774$15,813$13,650
7 years$16,995$15,854$14,787$13,791$12,860$10,797
8 years$14,721$13,590$12,541$11,569$10,669$8,705
9 years$12,952$11,832$10,801$9,854$8,984$7,119
10 years$11,539$10,430$9,417$8,494$7,655$5,885
11 years$10,383$9,285$8,291$7,392$6,584$4,907
12 years$9,420$8,334$7,358$6,484$5,705$4,120
13 years$8,606$7,531$6,574$5,725$4,975$3,478
14 years$7,910$6,846$5,906$5,082$4,361$2,950
15 years$7,306$6,254$5,333$4,532$3,840$2,511
16 years$6,778$5,738$4,835$4,058$3,394$2,145
17 years$6,313$5,284$4,399$3,646$3,009$1,836
18 years$5,901$4,883$4,016$3,286$2,676$1,576
19 years$5,532$4,525$3,677$2,969$2,385$1,355
20 years$5,200$4,205$3,374$2,689$2,130$1,166
21 years$4,900$3,917$3,104$2,440$1,906$1,006
22 years$4,628$3,656$2,860$2,219$1,709$868
23 years$4,380$3,420$2,641$2,021$1,534$750
24 years$4,153$3,204$2,443$1,843$1,379$649
25 years$3,945$3,007$2,262$1,683$1,241$562
26 years$3,752$2,826$2,098$1,539$1,117$486
27 years$3,575$2,660$1,948$1,409$1,007$421
28 years$3,410$2,506$1,811$1,291$909$365
29 years$3,257$2,364$1,686$1,184$821$317
30 years$3,114$2,233$1,570$1,086$742$275
31 years$2,981$2,111$1,464$998$671$239
32 years$2,857$1,997$1,366$917$607$207
33 years$2,740$1,891$1,275$843$549$180
34 years$2,630$1,793$1,191$776$497$156
35 years$2,527$1,700$1,114$714$450$136
36 years$2,430$1,614$1,042$658$408$118
37 years$2,338$1,533$975$606$370$102
38 years$2,252$1,457$913$559$335$89
39 years$2,170$1,385$856$515$304$77
40 years$2,092$1,318$802$475$276$67
41 years$2,018$1,254$752$438$250$58
42 years$1,948$1,195$705$404$227$51
43 years$1,881$1,138$662$373$206$44
44 years$1,818$1,085$621$345$187$38
45 years$1,757$1,035$583$318$170$33
46 years$1,700$987$548$294$154$29
47 years$1,645$942$515$272$140$25
48 years$1,592$899$484$251$127$22
49 years$1,542$859$455$232$115$19
50 years$1,494$820$428$214$105$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $1,530,000, adding $6,646 every year, while hoping to spend $49,891 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: 84/7/9 Blend
44$1,530,000$1,530,000$1,530,000$1,530,000
45$1,692,915$1,611,825$1,588,110$1,832,541
46$1,812,509$1,637,721$1,588,228$1,950,681
47$1,942,629$1,663,214$1,586,678$2,073,012
48$2,084,297$1,688,231$1,583,351$2,205,837
49$2,238,635$1,712,694$1,578,134$2,350,180
50$2,406,881$1,736,521$1,570,907$2,507,169
51$2,590,395$1,759,623$1,561,544$2,678,044
52$2,790,675$1,781,904$1,549,915$2,864,173
53$3,009,369$1,803,263$1,535,883$3,067,063
54$3,248,293$1,823,590$1,519,303$3,288,371
55$3,509,443$1,842,771$1,500,024$3,529,926
56$3,795,021$1,860,681$1,477,889$3,793,739
57$4,107,447$1,877,189$1,452,733$4,082,028
58$4,449,389$1,892,153$1,424,381$4,397,235
59$4,823,783$1,905,425$1,392,654$4,742,051
60$5,233,862$1,916,844$1,357,362$5,119,440
61$5,683,188$1,926,242$1,318,306$5,532,667
62$6,175,683$1,933,437$1,275,278$5,985,331
63$6,715,666$1,938,239$1,228,063$6,481,396
64$7,307,894$1,940,442$1,176,434$7,025,231
65$7,957,607$1,939,832$1,120,152$7,621,646
66$8,670,577$1,936,177$1,058,971$8,275,947
67$9,453,160$1,929,234$992,631$8,993,974
68$10,312,360$1,918,744$920,861$9,782,167
69$11,255,889$1,904,431$843,379$10,647,621
70$12,292,246$1,886,005$759,888$11,598,151
71$13,430,792$1,863,156$670,081$12,642,373
72$14,681,839$1,835,556$573,635$13,789,779
73$16,056,747$1,802,859$470,212$15,050,828
74$17,568,032$1,764,697$359,462$16,437,047
75$19,229,484$1,720,680$241,016$17,961,138
76$21,056,294$1,670,395$114,493$19,637,097
77$23,065,199$1,613,407$0$21,480,348
78$25,274,638$1,549,253$0$23,509,861
79$27,704,929$1,477,444$0$25,754,256
80$30,378,456$1,397,464$0$28,223,210
81$33,319,884$1,308,765$0$30,939,513
82$36,556,386$1,210,768$0$33,928,278
83$40,117,904$1,102,862$0$37,217,176
84$44,037,429$984,402$0$40,836,699
85$48,351,312$854,703$0$44,820,445
86$53,099,607$713,043$0$49,205,439
87$58,326,445$558,661$0$54,032,478
88$64,080,458$390,751$0$59,346,517
89$70,415,228$208,461$0$65,197,097
90$77,389,800$10,895$0$71,638,805
91$85,069,233$0$0$78,731,798
92$93,525,217$0$0$86,557,992
93$102,836,747$0$0$95,176,972
94$113,090,870$0$0$104,668,475
95$124,383,504$0$0$115,121,290
96$136,820,344$0$0$126,633,255
97$150,517,857$0$0$139,312,184
98$165,604,385$0$0$153,276,876
99$182,221,351$0$0$168,658,246
100$200,524,594$0$0$185,600,549