Can I retire at age 45 with 873,000?

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 $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%11.7%
1 years$72,092$71,449$70,823$70,211$69,614$69,118
2 years$35,689$35,024$34,380$33,755$33,150$32,649
3 years$23,556$22,889$22,246$21,627$21,031$20,542
4 years$17,491$16,826$16,190$15,581$15,000$14,526
5 years$13,853$13,191$12,564$11,968$11,403$10,945
6 years$11,428$10,772$10,153$9,571$9,023$8,582
7 years$9,697$9,046$8,437$7,869$7,338$6,914
8 years$8,399$7,754$7,156$6,601$6,087$5,681
9 years$7,390$6,751$6,163$5,623$5,126$4,738
10 years$6,584$5,951$5,373$4,847$4,368$3,996
11 years$5,924$5,298$4,730$4,218$3,757$3,401
12 years$5,375$4,755$4,198$3,700$3,255$2,917
13 years$4,911$4,297$3,751$3,266$2,839$2,516
14 years$4,513$3,906$3,370$2,900$2,488$2,181
15 years$4,169$3,568$3,043$2,586$2,191$1,899
16 years$3,868$3,274$2,759$2,315$1,936$1,660
17 years$3,602$3,015$2,510$2,080$1,717$1,454
18 years$3,367$2,786$2,292$1,875$1,527$1,278
19 years$3,156$2,582$2,098$1,694$1,361$1,126
20 years$2,967$2,399$1,925$1,534$1,215$993
21 years$2,796$2,235$1,771$1,392$1,088$878
22 years$2,641$2,086$1,632$1,266$975$777
23 years$2,499$1,951$1,507$1,153$875$689
24 years$2,370$1,828$1,394$1,052$787$611
25 years$2,251$1,716$1,291$960$708$543
26 years$2,141$1,612$1,197$878$638$483
27 years$2,040$1,517$1,112$804$575$429
28 years$1,946$1,430$1,033$736$519$382
29 years$1,858$1,349$962$675$468$341
30 years$1,777$1,274$896$620$423$304
31 years$1,701$1,204$835$569$383$271
32 years$1,630$1,140$779$523$346$241
33 years$1,563$1,079$728$481$313$215
34 years$1,501$1,023$680$443$284$192
35 years$1,442$970$636$407$257$172
36 years$1,387$921$595$375$233$153
37 years$1,334$875$556$346$211$137
38 years$1,285$831$521$319$191$123
39 years$1,238$790$488$294$173$110
40 years$1,194$752$458$271$157$98
41 years$1,151$716$429$250$143$88
42 years$1,111$682$403$231$129$78
43 years$1,073$649$378$213$118$70
44 years$1,037$619$355$197$107$63
45 years$1,003$590$333$182$97$56
46 years$970$563$313$168$88$50
47 years$938$537$294$155$80$45
48 years$908$513$276$143$73$40
49 years$880$490$259$132$66$36
50 years$852$468$244$122$60$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $873,000, adding $3,287 every year, while hoping to spend $23,419 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: 54/24/22 Blend
44$873,000$873,000$873,000$873,000
45$965,437$919,168$905,636$1,011,584
46$1,038,993$939,289$911,057$1,063,756
47$1,119,268$959,612$915,875$1,117,796
48$1,206,921$980,121$920,045$1,176,128
49$1,302,680$1,000,799$923,519$1,239,170
50$1,407,345$1,021,630$926,248$1,307,383
51$1,521,797$1,042,592$928,180$1,381,273
52$1,647,006$1,063,665$929,260$1,461,402
53$1,784,041$1,084,825$929,431$1,548,385
54$1,934,079$1,106,047$928,633$1,642,903
55$2,098,414$1,127,303$926,801$1,745,706
56$2,278,475$1,148,563$923,871$1,857,619
57$2,475,831$1,169,794$919,772$1,979,554
58$2,692,213$1,190,962$914,432$2,112,516
59$2,929,527$1,212,028$907,774$2,257,611
60$3,189,873$1,232,951$899,719$2,416,061
61$3,475,563$1,253,688$890,182$2,589,211
62$3,789,143$1,274,191$879,076$2,778,546
63$4,133,419$1,294,410$866,308$2,985,701
64$4,511,481$1,314,290$851,783$3,212,479
65$4,926,734$1,333,772$835,399$3,460,869
66$5,382,927$1,352,793$817,052$3,733,063
67$5,884,193$1,371,288$796,631$4,031,478
68$6,435,083$1,389,183$774,020$4,358,777
69$7,040,611$1,406,402$749,098$4,717,898
70$7,706,300$1,422,862$721,741$5,112,080
71$8,438,238$1,438,478$691,814$5,544,890
72$9,243,129$1,453,154$659,180$6,020,266
73$10,128,360$1,466,791$623,695$6,542,546
74$11,102,072$1,479,283$585,209$7,116,511
75$12,173,233$1,490,517$543,562$7,747,435
76$13,351,722$1,500,371$498,591$8,441,129
77$14,648,426$1,508,719$450,123$9,204,001
78$16,075,342$1,515,422$397,978$10,043,114
79$17,645,686$1,520,337$341,969$10,966,254
80$19,374,020$1,523,308$281,900$11,982,004
81$21,276,392$1,524,171$217,565$13,099,824
82$23,370,481$1,522,753$148,750$14,330,143
83$25,675,771$1,518,868$75,234$15,684,459
84$28,213,727$1,512,321$0$17,175,444
85$31,008,004$1,502,901$0$18,817,821
86$34,084,666$1,490,389$0$20,645,128
87$37,472,434$1,474,550$0$22,656,718
88$41,202,955$1,455,136$0$24,871,360
89$45,311,102$1,431,883$0$27,309,739
90$49,835,301$1,404,512$0$29,994,652
91$54,817,896$1,372,727$0$32,951,222
92$60,305,546$1,336,216$0$36,207,136
93$66,349,669$1,294,647$0$39,792,906
94$73,006,919$1,247,669$0$43,742,160
95$80,339,732$1,194,911$0$48,091,954
96$88,416,903$1,135,981$0$52,883,132
97$97,314,245$1,070,462$0$58,160,700
98$107,115,299$997,915$0$63,974,263
99$117,912,123$917,877$0$70,378,483
100$129,806,162$829,855$0$77,433,605