Can I retire at age 45 with 872,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.5%
1 years$72,009$71,368$70,742$70,131$69,535$68,808
2 years$35,648$34,984$34,341$33,717$33,112$32,380
3 years$23,529$22,862$22,221$21,603$21,007$20,294
4 years$17,471$16,806$16,171$15,564$14,983$14,292
5 years$13,837$13,176$12,549$11,954$11,390$10,724
6 years$11,415$10,760$10,142$9,560$9,012$8,373
7 years$9,686$9,036$8,428$7,860$7,329$6,716
8 years$8,390$7,745$7,147$6,593$6,080$5,493
9 years$7,382$6,744$6,156$5,616$5,121$4,559
10 years$6,576$5,944$5,367$4,841$4,363$3,827
11 years$5,918$5,292$4,725$4,213$3,752$3,242
12 years$5,369$4,750$4,193$3,696$3,252$2,766
13 years$4,905$4,292$3,746$3,263$2,836$2,374
14 years$4,508$3,902$3,366$2,896$2,486$2,047
15 years$4,164$3,564$3,039$2,583$2,189$1,773
16 years$3,863$3,270$2,756$2,313$1,934$1,541
17 years$3,598$3,012$2,507$2,078$1,715$1,343
18 years$3,363$2,783$2,289$1,873$1,525$1,173
19 years$3,153$2,579$2,095$1,692$1,359$1,027
20 years$2,964$2,397$1,923$1,533$1,214$901
21 years$2,793$2,232$1,769$1,391$1,086$792
22 years$2,638$2,084$1,630$1,265$974$697
23 years$2,496$1,949$1,505$1,152$874$614
24 years$2,367$1,826$1,392$1,050$786$541
25 years$2,248$1,714$1,289$959$707$478
26 years$2,139$1,611$1,196$877$637$422
27 years$2,037$1,516$1,110$803$574$373
28 years$1,943$1,428$1,032$736$518$330
29 years$1,856$1,347$961$675$468$292
30 years$1,775$1,272$895$619$423$259
31 years$1,699$1,203$834$569$382$229
32 years$1,628$1,138$778$523$346$203
33 years$1,562$1,078$727$481$313$180
34 years$1,499$1,022$679$442$283$160
35 years$1,440$969$635$407$257$142
36 years$1,385$920$594$375$232$126
37 years$1,333$874$556$345$211$112
38 years$1,283$830$521$318$191$99
39 years$1,236$789$488$294$173$88
40 years$1,192$751$457$271$157$78
41 years$1,150$715$429$250$143$69
42 years$1,110$681$402$231$129$62
43 years$1,072$649$377$213$117$55
44 years$1,036$618$354$196$107$49
45 years$1,002$590$333$181$97$43
46 years$969$563$312$168$88$38
47 years$937$537$293$155$80$34
48 years$907$512$276$143$72$30
49 years$879$489$259$132$66$27
50 years$851$467$244$122$60$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $872,000, adding $4,362 every year, while hoping to spend $30,033 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: 54/28/18 Blend
44$872,000$872,000$872,000$872,000
45$965,443$919,227$905,711$1,012,664
46$1,031,964$932,315$904,098$1,058,521
47$1,104,263$945,037$901,424$1,104,859
48$1,182,898$957,344$897,622$1,154,638
49$1,268,482$969,183$892,621$1,208,196
50$1,361,692$980,497$886,349$1,265,902
51$1,463,270$991,227$878,726$1,328,167
52$1,574,033$1,001,306$869,673$1,395,445
53$1,694,881$1,010,667$859,104$1,468,233
54$1,826,806$1,019,237$846,931$1,547,085
55$1,970,896$1,026,936$833,059$1,632,608
56$2,128,354$1,033,681$817,393$1,725,474
57$2,300,499$1,039,385$799,829$1,826,425
58$2,488,787$1,043,952$780,260$1,936,278
59$2,694,821$1,047,283$758,576$2,055,938
60$2,920,363$1,049,270$734,659$2,186,401
61$3,167,356$1,049,801$708,387$2,328,767
62$3,437,941$1,048,755$679,631$2,484,249
63$3,734,471$1,046,005$648,259$2,654,189
64$4,059,542$1,041,414$614,131$2,840,062
65$4,416,012$1,034,839$577,101$3,043,502
66$4,807,026$1,026,128$537,015$3,266,307
67$5,236,053$1,015,118$493,715$3,510,463
68$5,706,909$1,001,638$447,033$3,778,161
69$6,223,802$985,506$396,797$4,071,819
70$6,791,363$966,529$342,823$4,394,102
71$7,414,697$944,504$284,922$4,747,953
72$8,099,425$919,214$222,896$5,136,618
73$8,851,740$890,429$156,537$5,563,676
74$9,678,467$857,909$85,630$6,033,075
75$10,587,121$821,397$9,949$6,549,173
76$11,585,983$780,622$0$7,116,774
77$12,684,177$735,296$0$7,754,777
78$13,891,754$685,116$0$8,458,351
79$15,219,788$629,762$0$9,232,077
80$16,680,481$568,895$0$10,083,117
81$18,287,275$502,156$0$11,019,364
82$20,054,982$429,166$0$12,049,520
83$21,999,920$349,525$0$13,183,181
84$24,140,071$262,811$0$14,430,919
85$26,495,246$168,577$0$15,804,395
86$29,087,276$66,352$0$17,316,459
87$31,940,212$0$0$18,981,278
88$35,080,557$0$0$20,828,137
89$38,537,515$0$0$22,883,804
90$42,343,263$0$0$25,146,982
91$46,533,257$0$0$27,638,768
92$51,146,567$0$0$30,382,411
93$56,226,242$0$0$33,403,526
94$61,819,719$0$0$36,730,342
95$67,979,271$0$0$40,393,962
96$74,762,496$0$0$44,428,661
97$82,232,865$0$0$48,872,206
98$90,460,316$0$0$53,766,215
99$99,521,917$0$0$59,156,549
100$109,502,593$0$0$65,093,740