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%14.4%
1 years$72,009$71,368$70,742$70,131$69,535$68,270
2 years$35,648$34,984$34,341$33,717$33,112$31,842
3 years$23,529$22,862$22,221$21,603$21,007$19,773
4 years$17,471$16,806$16,171$15,564$14,983$13,792
5 years$13,837$13,176$12,549$11,954$11,390$10,247
6 years$11,415$10,760$10,142$9,560$9,012$7,918
7 years$9,686$9,036$8,428$7,860$7,329$6,284
8 years$8,390$7,745$7,147$6,593$6,080$5,084
9 years$7,382$6,744$6,156$5,616$5,121$4,173
10 years$6,576$5,944$5,367$4,841$4,363$3,462
11 years$5,918$5,292$4,725$4,213$3,752$2,898
12 years$5,369$4,750$4,193$3,696$3,252$2,443
13 years$4,905$4,292$3,746$3,263$2,836$2,070
14 years$4,508$3,902$3,366$2,896$2,486$1,763
15 years$4,164$3,564$3,039$2,583$2,189$1,507
16 years$3,863$3,270$2,756$2,313$1,934$1,292
17 years$3,598$3,012$2,507$2,078$1,715$1,111
18 years$3,363$2,783$2,289$1,873$1,525$958
19 years$3,153$2,579$2,095$1,692$1,359$827
20 years$2,964$2,397$1,923$1,533$1,214$715
21 years$2,793$2,232$1,769$1,391$1,086$620
22 years$2,638$2,084$1,630$1,265$974$537
23 years$2,496$1,949$1,505$1,152$874$467
24 years$2,367$1,826$1,392$1,050$786$405
25 years$2,248$1,714$1,289$959$707$353
26 years$2,139$1,611$1,196$877$637$307
27 years$2,037$1,516$1,110$803$574$267
28 years$1,943$1,428$1,032$736$518$233
29 years$1,856$1,347$961$675$468$203
30 years$1,775$1,272$895$619$423$177
31 years$1,699$1,203$834$569$382$154
32 years$1,628$1,138$778$523$346$135
33 years$1,562$1,078$727$481$313$117
34 years$1,499$1,022$679$442$283$102
35 years$1,440$969$635$407$257$89
36 years$1,385$920$594$375$232$78
37 years$1,333$874$556$345$211$68
38 years$1,283$830$521$318$191$60
39 years$1,236$789$488$294$173$52
40 years$1,192$751$457$271$157$45
41 years$1,150$715$429$250$143$40
42 years$1,110$681$402$231$129$35
43 years$1,072$649$377$213$117$30
44 years$1,036$618$354$196$107$26
45 years$1,002$590$333$181$97$23
46 years$969$563$312$168$88$20
47 years$937$537$293$155$80$18
48 years$907$512$276$143$72$15
49 years$879$489$259$132$66$13
50 years$851$467$244$122$60$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $872,000, adding $5,133 every year, while hoping to spend $30,460 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: 56/32/12 Blend
44$872,000$872,000$872,000$872,000
45$966,239$920,023$906,507$1,017,137
46$1,032,386$932,695$904,465$1,064,854
47$1,104,259$944,967$901,335$1,113,018
48$1,182,410$956,787$897,047$1,164,764
49$1,267,447$968,100$891,528$1,220,438
50$1,360,037$978,847$884,705$1,280,425
51$1,460,915$988,965$876,497$1,345,146
52$1,570,891$998,387$866,822$1,415,069
53$1,690,854$1,007,040$855,593$1,490,707
54$1,821,785$1,014,849$842,719$1,572,630
55$1,964,763$1,021,733$828,106$1,661,463
56$2,120,975$1,027,604$811,654$1,757,899
57$2,291,729$1,032,371$793,259$1,862,700
58$2,478,464$1,035,935$772,811$1,976,709
59$2,682,764$1,038,193$750,197$2,100,853
60$2,906,375$1,039,034$725,298$2,236,160
61$3,151,219$1,038,340$697,989$2,383,759
62$3,419,411$1,035,986$668,139$2,544,898
63$3,713,281$1,031,840$635,613$2,720,955
64$4,035,397$1,025,761$600,267$2,913,448
65$4,388,584$1,017,601$561,953$3,124,053
66$4,775,957$1,007,200$520,515$3,354,619
67$5,200,943$994,391$475,790$3,607,186
68$5,667,319$978,996$427,610$3,884,003
69$6,179,246$960,828$375,795$4,187,554
70$6,741,307$939,685$320,161$4,520,576
71$7,358,548$915,358$260,515$4,886,090
72$8,036,531$887,622$196,654$5,287,426
73$8,781,382$856,240$128,366$5,728,261
74$9,599,850$820,962$55,433$6,212,648
75$10,499,368$781,523$0$6,745,056
76$11,488,127$737,642$0$7,333,286
77$12,575,151$689,021$0$7,987,667
78$13,770,382$635,349$0$8,707,125
79$15,084,772$576,292$0$9,498,307
80$16,530,389$511,500$0$10,368,543
81$18,120,529$440,604$0$11,325,913
82$19,869,840$363,210$0$12,379,326
83$21,794,462$278,907$0$13,538,603
84$23,912,180$187,256$0$14,814,572
85$26,242,588$87,797$0$16,219,170
86$28,807,275$0$0$17,765,557
87$31,630,031$0$0$19,475,269
88$34,737,067$0$0$21,391,289
89$38,157,264$0$0$23,500,523
90$41,922,448$0$0$25,822,610
91$46,067,685$0$0$28,379,189
92$50,631,614$0$0$31,194,102
93$55,656,812$0$0$34,293,625
94$61,190,195$0$0$37,706,707
95$67,283,458$0$0$41,465,249
96$73,993,569$0$0$45,604,406
97$81,383,297$0$0$50,162,912
98$89,521,813$0$0$55,183,452
99$98,485,336$0$0$60,713,061
100$108,357,856$0$0$66,803,568