Can I retire at age 45 with 872,000?

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 $872,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$72,009$71,368$70,742$70,131$69,535$68,186
2 years$35,648$34,984$34,341$33,717$33,112$31,759
3 years$23,529$22,862$22,221$21,603$21,007$19,692
4 years$17,471$16,806$16,171$15,564$14,983$13,715
5 years$13,837$13,176$12,549$11,954$11,390$10,173
6 years$11,415$10,760$10,142$9,560$9,012$7,849
7 years$9,686$9,036$8,428$7,860$7,329$6,219
8 years$8,390$7,745$7,147$6,593$6,080$5,022
9 years$7,382$6,744$6,156$5,616$5,121$4,114
10 years$6,576$5,944$5,367$4,841$4,363$3,408
11 years$5,918$5,292$4,725$4,213$3,752$2,847
12 years$5,369$4,750$4,193$3,696$3,252$2,395
13 years$4,905$4,292$3,746$3,263$2,836$2,026
14 years$4,508$3,902$3,366$2,896$2,486$1,722
15 years$4,164$3,564$3,039$2,583$2,189$1,469
16 years$3,863$3,270$2,756$2,313$1,934$1,257
17 years$3,598$3,012$2,507$2,078$1,715$1,078
18 years$3,363$2,783$2,289$1,873$1,525$927
19 years$3,153$2,579$2,095$1,692$1,359$799
20 years$2,964$2,397$1,923$1,533$1,214$690
21 years$2,793$2,232$1,769$1,391$1,086$596
22 years$2,638$2,084$1,630$1,265$974$516
23 years$2,496$1,949$1,505$1,152$874$447
24 years$2,367$1,826$1,392$1,050$786$387
25 years$2,248$1,714$1,289$959$707$336
26 years$2,139$1,611$1,196$877$637$292
27 years$2,037$1,516$1,110$803$574$253
28 years$1,943$1,428$1,032$736$518$220
29 years$1,856$1,347$961$675$468$191
30 years$1,775$1,272$895$619$423$166
31 years$1,699$1,203$834$569$382$145
32 years$1,628$1,138$778$523$346$126
33 years$1,562$1,078$727$481$313$110
34 years$1,499$1,022$679$442$283$95
35 years$1,440$969$635$407$257$83
36 years$1,385$920$594$375$232$72
37 years$1,333$874$556$345$211$63
38 years$1,283$830$521$318$191$55
39 years$1,236$789$488$294$173$48
40 years$1,192$751$457$271$157$42
41 years$1,150$715$429$250$143$36
42 years$1,110$681$402$231$129$32
43 years$1,072$649$377$213$117$28
44 years$1,036$618$354$196$107$24
45 years$1,002$590$333$181$97$21
46 years$969$563$312$168$88$18
47 years$937$537$293$155$80$16
48 years$907$512$276$143$72$14
49 years$879$489$259$132$66$12
50 years$851$467$244$122$60$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $872,000, adding $3,669 every year, while hoping to spend $26,899 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: 53/27/20 Blend
44$872,000$872,000$872,000$872,000
45$964,729$918,513$904,997$1,010,392
46$1,034,511$934,899$906,694$1,058,539
47$1,110,509$951,188$907,546$1,107,783
48$1,193,329$967,344$907,497$1,160,789
49$1,283,637$983,333$906,487$1,217,926
50$1,382,168$999,116$904,454$1,279,596
51$1,489,728$1,014,651$901,332$1,346,248
52$1,607,206$1,029,895$897,053$1,418,374
53$1,735,582$1,044,800$891,544$1,496,516
54$1,875,931$1,059,316$884,731$1,581,274
55$2,029,441$1,073,387$876,534$1,673,309
56$2,197,416$1,086,955$866,871$1,773,351
57$2,381,296$1,099,960$855,655$1,882,204
58$2,582,664$1,112,333$842,794$2,000,755
59$2,803,263$1,124,005$828,195$2,129,983
60$3,045,014$1,134,899$811,758$2,270,968
61$3,310,032$1,144,936$793,378$2,424,901
62$3,600,646$1,154,028$772,948$2,593,095
63$3,919,422$1,162,086$750,351$2,777,001
64$4,269,186$1,169,011$725,471$2,978,215
65$4,653,050$1,174,699$698,181$3,198,502
66$5,074,443$1,179,042$668,352$3,439,805
67$5,537,141$1,181,920$635,847$3,704,269
68$6,045,306$1,183,211$600,525$3,994,260
69$6,603,520$1,182,781$562,235$4,312,386
70$7,216,832$1,180,490$520,823$4,661,525
71$7,890,804$1,176,189$476,125$5,044,848
72$8,631,563$1,169,720$427,973$5,465,856
73$9,445,861$1,160,914$376,189$5,928,406
74$10,341,134$1,149,595$320,586$6,436,754
75$11,325,577$1,135,572$260,973$6,995,593
76$12,408,217$1,118,646$197,147$7,610,097
77$13,599,000$1,098,604$128,896$8,285,971
78$14,908,885$1,075,223$56,001$9,029,507
79$16,349,946$1,048,264$0$9,847,643
80$17,935,487$1,017,475$0$10,752,677
81$19,680,165$982,589$0$11,761,450
82$21,600,131$943,325$0$12,871,350
83$23,713,179$899,383$0$14,092,686
84$26,038,919$850,448$0$15,436,821
85$28,598,954$796,186$0$16,916,277
86$31,417,091$736,243$0$18,544,860
87$34,519,561$670,245$0$20,337,782
88$37,935,267$597,798$0$22,311,813
89$41,696,059$518,485$0$24,485,437
90$45,837,030$431,864$0$26,879,026
91$50,396,852$337,470$0$29,515,032
92$55,418,135$234,811$0$32,418,203
93$60,947,835$123,366$0$35,615,817
94$67,037,692$2,588$0$39,137,937
95$73,744,718$0$0$43,017,697
96$81,131,741$0$0$47,329,678
97$89,267,989$0$0$52,079,968
98$98,229,751$0$0$57,312,350
99$108,101,089$0$0$63,075,923
100$118,974,639$0$0$69,424,788