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%11.3%
1 years$72,092$71,449$70,823$70,211$69,614$69,234
2 years$35,689$35,024$34,380$33,755$33,150$32,766
3 years$23,556$22,889$22,246$21,627$21,031$20,656
4 years$17,491$16,826$16,190$15,581$15,000$14,636
5 years$13,853$13,191$12,564$11,968$11,403$11,051
6 years$11,428$10,772$10,153$9,571$9,023$8,683
7 years$9,697$9,046$8,437$7,869$7,338$7,012
8 years$8,399$7,754$7,156$6,601$6,087$5,774
9 years$7,390$6,751$6,163$5,623$5,126$4,826
10 years$6,584$5,951$5,373$4,847$4,368$4,081
11 years$5,924$5,298$4,730$4,218$3,757$3,482
12 years$5,375$4,755$4,198$3,700$3,255$2,993
13 years$4,911$4,297$3,751$3,266$2,839$2,589
14 years$4,513$3,906$3,370$2,900$2,488$2,250
15 years$4,169$3,568$3,043$2,586$2,191$1,965
16 years$3,868$3,274$2,759$2,315$1,936$1,721
17 years$3,602$3,015$2,510$2,080$1,717$1,513
18 years$3,367$2,786$2,292$1,875$1,527$1,333
19 years$3,156$2,582$2,098$1,694$1,361$1,177
20 years$2,967$2,399$1,925$1,534$1,215$1,042
21 years$2,796$2,235$1,771$1,392$1,088$924
22 years$2,641$2,086$1,632$1,266$975$820
23 years$2,499$1,951$1,507$1,153$875$729
24 years$2,370$1,828$1,394$1,052$787$649
25 years$2,251$1,716$1,291$960$708$578
26 years$2,141$1,612$1,197$878$638$516
27 years$2,040$1,517$1,112$804$575$460
28 years$1,946$1,430$1,033$736$519$411
29 years$1,858$1,349$962$675$468$367
30 years$1,777$1,274$896$620$423$328
31 years$1,701$1,204$835$569$383$294
32 years$1,630$1,140$779$523$346$263
33 years$1,563$1,079$728$481$313$235
34 years$1,501$1,023$680$443$284$211
35 years$1,442$970$636$407$257$189
36 years$1,387$921$595$375$233$169
37 years$1,334$875$556$346$211$152
38 years$1,285$831$521$319$191$136
39 years$1,238$790$488$294$173$122
40 years$1,194$752$458$271$157$110
41 years$1,151$716$429$250$143$98
42 years$1,111$682$403$231$129$88
43 years$1,073$649$378$213$118$79
44 years$1,037$619$355$197$107$71
45 years$1,003$590$333$182$97$64
46 years$970$563$313$168$88$57
47 years$938$537$294$155$80$51
48 years$908$513$276$143$73$46
49 years$880$490$259$132$66$41
50 years$852$468$244$122$60$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $873,000, adding $4,640 every year, while hoping to spend $22,500 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: 49/42/9 Blend
44$873,000$873,000$873,000$873,000
45$966,832$920,563$907,032$1,011,667
46$1,041,509$941,731$913,477$1,064,030
47$1,123,049$963,182$919,385$1,118,116
48$1,212,128$984,906$924,713$1,176,341
49$1,309,491$1,006,892$929,416$1,239,099
50$1,415,958$1,029,128$933,450$1,306,821
51$1,532,430$1,051,600$936,765$1,379,985
52$1,659,902$1,074,292$939,311$1,459,117
53$1,799,467$1,097,188$941,033$1,544,794
54$1,952,332$1,120,269$941,876$1,637,654
55$2,119,822$1,143,514$941,781$1,738,399
56$2,303,399$1,166,902$940,686$1,847,802
57$2,504,672$1,190,407$938,526$1,966,717
58$2,725,415$1,214,003$935,233$2,096,081
59$2,967,579$1,237,661$930,735$2,236,931
60$3,233,316$1,261,350$924,959$2,390,406
61$3,524,994$1,285,036$917,824$2,557,763
62$3,845,222$1,308,681$909,250$2,740,389
63$4,196,874$1,332,247$899,150$2,939,808
64$4,583,118$1,355,689$887,434$3,157,704
65$5,007,440$1,378,962$874,007$3,395,932
66$5,473,684$1,402,017$858,771$3,656,534
67$5,986,083$1,424,798$841,623$3,941,765
68$6,549,300$1,447,250$822,454$4,254,106
69$7,168,473$1,469,310$801,151$4,596,294
70$7,849,263$1,490,911$777,595$4,971,346
71$8,597,906$1,511,984$751,662$5,382,588
72$9,421,273$1,532,452$723,224$5,833,682
73$10,326,935$1,552,234$692,144$6,328,670
74$11,323,231$1,571,243$658,280$6,872,004
75$12,419,353$1,589,386$621,485$7,468,591
76$13,625,426$1,606,565$581,603$8,123,842
77$14,952,606$1,622,673$538,473$8,843,718
78$16,413,186$1,637,598$491,927$9,634,794
79$18,020,711$1,651,220$441,786$10,504,313
80$19,790,105$1,663,412$387,867$11,460,260
81$21,737,812$1,674,035$329,977$12,511,438
82$23,881,953$1,682,947$267,915$13,667,549
83$26,242,493$1,689,992$201,471$14,939,287
84$28,841,432$1,695,007$130,425$16,338,438
85$31,703,013$1,697,816$54,549$17,877,995
86$34,853,947$1,698,236$0$19,572,278
87$38,323,669$1,696,069$0$21,439,609
88$42,144,613$1,691,106$0$23,500,603
89$46,352,519$1,683,126$0$25,769,219
90$50,986,770$1,671,893$0$28,266,617
91$56,090,763$1,657,158$0$31,016,122
92$61,712,318$1,638,657$0$34,043,439
93$67,904,131$1,616,108$0$37,376,898
94$74,724,270$1,589,214$0$41,047,725
95$82,236,722$1,557,662$0$45,090,332
96$90,511,996$1,521,116$0$49,542,647
97$99,627,793$1,479,224$0$54,446,469
98$109,669,734$1,431,612$0$59,847,868
99$120,732,170$1,377,885$0$65,797,617
100$132,919,073$1,317,622$0$72,351,675