Can I retire at age 45 with 873,000?

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 $873,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$72,092$71,449$70,823$70,211$69,614$67,931
2 years$35,689$35,024$34,380$33,755$33,150$31,464
3 years$23,556$22,889$22,246$21,627$21,031$19,396
4 years$17,491$16,826$16,190$15,581$15,000$13,427
5 years$13,853$13,191$12,564$11,968$11,403$9,897
6 years$11,428$10,772$10,153$9,571$9,023$7,586
7 years$9,697$9,046$8,437$7,869$7,338$5,970
8 years$8,399$7,754$7,156$6,601$6,087$4,788
9 years$7,390$6,751$6,163$5,623$5,126$3,894
10 years$6,584$5,951$5,373$4,847$4,368$3,202
11 years$5,924$5,298$4,730$4,218$3,757$2,655
12 years$5,375$4,755$4,198$3,700$3,255$2,216
13 years$4,911$4,297$3,751$3,266$2,839$1,859
14 years$4,513$3,906$3,370$2,900$2,488$1,567
15 years$4,169$3,568$3,043$2,586$2,191$1,326
16 years$3,868$3,274$2,759$2,315$1,936$1,125
17 years$3,602$3,015$2,510$2,080$1,717$957
18 years$3,367$2,786$2,292$1,875$1,527$816
19 years$3,156$2,582$2,098$1,694$1,361$697
20 years$2,967$2,399$1,925$1,534$1,215$596
21 years$2,796$2,235$1,771$1,392$1,088$510
22 years$2,641$2,086$1,632$1,266$975$437
23 years$2,499$1,951$1,507$1,153$875$375
24 years$2,370$1,828$1,394$1,052$787$322
25 years$2,251$1,716$1,291$960$708$277
26 years$2,141$1,612$1,197$878$638$238
27 years$2,040$1,517$1,112$804$575$205
28 years$1,946$1,430$1,033$736$519$176
29 years$1,858$1,349$962$675$468$152
30 years$1,777$1,274$896$620$423$131
31 years$1,701$1,204$835$569$383$113
32 years$1,630$1,140$779$523$346$97
33 years$1,563$1,079$728$481$313$84
34 years$1,501$1,023$680$443$284$72
35 years$1,442$970$636$407$257$62
36 years$1,387$921$595$375$233$54
37 years$1,334$875$556$346$211$46
38 years$1,285$831$521$319$191$40
39 years$1,238$790$488$294$173$34
40 years$1,194$752$458$271$157$30
41 years$1,151$716$429$250$143$26
42 years$1,111$682$403$231$129$22
43 years$1,073$649$378$213$118$19
44 years$1,037$619$355$197$107$16
45 years$1,003$590$333$182$97$14
46 years$970$563$313$168$88$12
47 years$938$537$294$155$80$11
48 years$908$513$276$143$73$9
49 years$880$490$259$132$66$8
50 years$852$468$244$122$60$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $873,000, adding $4,141 every year, while hoping to spend $36,617 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: 67/26/7 Blend
44$873,000$873,000$873,000$873,000
45$966,317$920,048$906,517$1,029,630
46$1,025,922$926,171$897,925$1,078,293
47$1,090,378$931,366$887,818$1,126,672
48$1,160,143$935,549$876,107$1,178,582
49$1,235,719$938,632$862,697$1,234,362
50$1,317,656$940,519$847,491$1,294,387
51$1,406,562$941,109$830,387$1,359,069
52$1,503,102$940,295$811,276$1,428,863
53$1,608,012$937,962$790,047$1,504,274
54$1,722,098$933,991$766,582$1,585,854
55$1,846,247$928,252$740,759$1,674,217
56$1,981,438$920,610$712,447$1,770,036
57$2,128,744$910,919$681,514$1,874,057
58$2,289,350$899,028$647,818$1,987,101
59$2,464,556$884,773$611,213$2,110,076
60$2,655,797$867,983$571,545$2,243,981
61$2,864,650$848,476$528,653$2,389,920
62$3,092,852$826,059$482,371$2,549,112
63$3,342,315$800,528$432,522$2,722,898
64$3,615,144$771,666$378,924$2,912,763
65$3,913,656$739,245$321,386$3,120,340
66$4,240,404$703,024$259,707$3,347,435
67$4,598,199$662,745$193,681$3,596,037
68$4,990,135$618,139$123,089$3,868,343
69$5,419,620$568,920$47,704$4,166,774
70$5,890,408$514,784$0$4,494,002
71$6,406,634$455,412$0$4,855,420
72$6,972,849$390,466$0$5,255,796
73$7,594,070$319,589$0$5,695,167
74$8,275,819$242,403$0$6,177,510
75$9,024,183$158,511$0$6,707,209
76$9,845,863$67,491$0$7,289,097
77$10,748,243$0$0$7,928,504
78$11,739,455$0$0$8,640,207
79$12,828,461$0$0$9,443,397
80$14,025,129$0$0$10,326,051
81$15,340,335$0$0$11,296,199
82$16,786,059$0$0$12,362,683
83$18,375,498$0$0$13,535,249
84$20,123,193$0$0$14,824,631
85$22,045,165$0$0$16,242,656
86$24,159,065$0$0$17,802,357
87$26,484,339$0$0$19,518,089
88$29,042,415$0$0$21,405,673
89$31,856,899$0$0$23,482,538
90$34,953,803$0$0$25,767,888
91$38,361,788$0$0$28,282,883
92$42,112,433$0$0$31,050,837
93$46,240,532$0$0$34,097,441
94$50,784,425$0$0$37,450,999
95$55,786,357$0$0$41,142,703
96$61,292,876$0$0$45,206,918
97$67,355,275$0$0$49,681,516
98$74,030,069$0$0$54,608,222
99$81,379,536$0$0$60,033,016
100$89,472,299$0$0$66,006,565