Can I retire at age 45 with 874,000?

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 $874,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$72,174$71,531$70,904$70,292$69,694$68,455
2 years$35,730$35,064$34,419$33,794$33,188$31,944
3 years$23,583$22,915$22,272$21,652$21,056$19,845
4 years$17,511$16,845$16,208$15,599$15,017$13,850
5 years$13,869$13,207$12,578$11,982$11,416$10,295
6 years$11,441$10,784$10,165$9,582$9,033$7,959
7 years$9,708$9,057$8,447$7,878$7,346$6,321
8 years$8,409$7,763$7,164$6,608$6,094$5,117
9 years$7,399$6,759$6,170$5,629$5,132$4,202
10 years$6,591$5,958$5,379$4,852$4,373$3,489
11 years$5,931$5,304$4,736$4,223$3,761$2,922
12 years$5,381$4,761$4,203$3,704$3,259$2,464
13 years$4,916$4,302$3,755$3,270$2,842$2,090
14 years$4,518$3,911$3,374$2,903$2,491$1,781
15 years$4,174$3,572$3,046$2,589$2,194$1,524
16 years$3,872$3,278$2,762$2,318$1,939$1,308
17 years$3,607$3,019$2,513$2,083$1,719$1,125
18 years$3,371$2,789$2,294$1,877$1,528$970
19 years$3,160$2,585$2,100$1,696$1,362$839
20 years$2,970$2,402$1,927$1,536$1,217$726
21 years$2,799$2,238$1,773$1,394$1,089$629
22 years$2,644$2,089$1,634$1,268$976$546
23 years$2,502$1,953$1,509$1,154$876$474
24 years$2,372$1,830$1,395$1,053$788$413
25 years$2,253$1,718$1,292$962$709$359
26 years$2,144$1,614$1,199$879$638$313
27 years$2,042$1,519$1,113$805$576$273
28 years$1,948$1,432$1,035$737$519$238
29 years$1,861$1,351$963$676$469$207
30 years$1,779$1,275$897$620$424$181
31 years$1,703$1,206$836$570$383$158
32 years$1,632$1,141$780$524$346$138
33 years$1,565$1,080$728$482$314$120
34 years$1,503$1,024$681$443$284$105
35 years$1,444$971$636$408$257$92
36 years$1,388$922$595$376$233$80
37 years$1,336$876$557$346$211$70
38 years$1,286$832$522$319$191$61
39 years$1,239$791$489$294$174$54
40 years$1,195$753$458$271$157$47
41 years$1,153$717$430$250$143$41
42 years$1,113$682$403$231$130$36
43 years$1,075$650$378$213$118$31
44 years$1,038$620$355$197$107$27
45 years$1,004$591$333$182$97$24
46 years$971$564$313$168$88$21
47 years$940$538$294$155$80$18
48 years$910$514$276$143$73$16
49 years$881$490$260$133$66$14
50 years$853$469$244$123$60$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $874,000, adding $2,746 every year, while hoping to spend $28,819 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: 49/25/26 Blend
44$874,000$874,000$874,000$874,000
45$965,980$919,658$906,111$1,006,071
46$1,033,847$934,059$905,803$1,048,787
47$1,107,671$948,198$904,518$1,092,082
48$1,188,028$962,035$902,194$1,138,548
49$1,275,553$975,521$898,765$1,188,498
50$1,370,947$988,609$894,160$1,242,279
51$1,474,977$1,001,244$888,308$1,300,271
52$1,588,490$1,013,370$881,132$1,362,898
53$1,712,418$1,024,927$872,552$1,430,624
54$1,847,786$1,035,851$862,484$1,503,965
55$1,995,724$1,046,071$850,841$1,583,489
56$2,157,475$1,055,516$837,532$1,669,822
57$2,334,408$1,064,107$822,459$1,763,658
58$2,528,029$1,071,759$805,523$1,865,762
59$2,739,998$1,078,385$786,618$1,976,978
60$2,972,142$1,083,891$765,634$2,098,239
61$3,226,474$1,088,175$742,456$2,230,575
62$3,505,210$1,091,131$716,964$2,375,121
63$3,810,791$1,092,645$689,031$2,533,132
64$4,145,904$1,092,597$658,526$2,705,993
65$4,513,510$1,090,859$625,311$2,895,232
66$4,916,872$1,087,295$589,243$3,102,536
67$5,359,580$1,081,759$550,170$3,329,766
68$5,845,592$1,074,100$507,935$3,578,976
69$6,379,266$1,064,155$462,375$3,852,434
70$6,965,404$1,051,751$413,317$4,152,642
71$7,609,294$1,036,706$360,582$4,482,358
72$8,316,764$1,018,827$303,984$4,844,629
73$9,094,233$997,908$243,326$5,242,815
74$9,948,772$973,733$178,404$5,680,622
75$10,888,172$946,071$109,006$6,162,140
76$11,921,016$914,680$34,909$6,691,881
77$13,056,762$879,301$0$7,274,821
78$14,305,828$839,662$0$7,928,702
79$15,679,692$795,476$0$8,658,458
80$17,191,002$746,436$0$9,461,143
81$18,853,694$692,221$0$10,344,197
82$20,683,121$632,489$0$11,315,821
83$22,696,198$566,881$0$12,385,053
84$24,911,567$495,015$0$13,561,859
85$27,349,765$416,488$0$14,857,223
86$30,033,422$330,877$0$16,283,252
87$32,987,471$237,730$0$17,853,291
88$36,239,389$136,575$0$19,582,053
89$39,819,449$26,910$0$21,485,751
90$43,761,010$0$0$23,582,260
91$48,100,830$0$0$25,916,534
92$52,879,411$0$0$28,495,078
93$58,141,385$0$0$31,334,589
94$63,935,931$0$0$34,461,619
95$70,317,241$0$0$37,905,429
96$77,345,029$0$0$41,698,264
97$85,085,098$0$0$45,875,651
98$93,609,956$0$0$50,476,743
99$102,999,505$0$0$55,544,683
100$113,341,789$0$0$61,127,010