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%18.7%
1 years$72,174$71,531$70,904$70,292$69,694$67,248
2 years$35,730$35,064$34,419$33,794$33,188$30,749
3 years$23,583$22,915$22,272$21,652$21,056$18,701
4 years$17,511$16,845$16,208$15,599$15,017$12,764
5 years$13,869$13,207$12,578$11,982$11,416$9,271
6 years$11,441$10,784$10,165$9,582$9,033$6,998
7 years$9,708$9,057$8,447$7,878$7,346$5,420
8 years$8,409$7,763$7,164$6,608$6,094$4,276
9 years$7,399$6,759$6,170$5,629$5,132$3,419
10 years$6,591$5,958$5,379$4,852$4,373$2,762
11 years$5,931$5,304$4,736$4,223$3,761$2,249
12 years$5,381$4,761$4,203$3,704$3,259$1,843
13 years$4,916$4,302$3,755$3,270$2,842$1,518
14 years$4,518$3,911$3,374$2,903$2,491$1,255
15 years$4,174$3,572$3,046$2,589$2,194$1,041
16 years$3,872$3,278$2,762$2,318$1,939$865
17 years$3,607$3,019$2,513$2,083$1,719$721
18 years$3,371$2,789$2,294$1,877$1,528$602
19 years$3,160$2,585$2,100$1,696$1,362$504
20 years$2,970$2,402$1,927$1,536$1,217$422
21 years$2,799$2,238$1,773$1,394$1,089$353
22 years$2,644$2,089$1,634$1,268$976$296
23 years$2,502$1,953$1,509$1,154$876$249
24 years$2,372$1,830$1,395$1,053$788$209
25 years$2,253$1,718$1,292$962$709$175
26 years$2,144$1,614$1,199$879$638$148
27 years$2,042$1,519$1,113$805$576$124
28 years$1,948$1,432$1,035$737$519$104
29 years$1,861$1,351$963$676$469$88
30 years$1,779$1,275$897$620$424$74
31 years$1,703$1,206$836$570$383$62
32 years$1,632$1,141$780$524$346$52
33 years$1,565$1,080$728$482$314$44
34 years$1,503$1,024$681$443$284$37
35 years$1,444$971$636$408$257$31
36 years$1,388$922$595$376$233$26
37 years$1,336$876$557$346$211$22
38 years$1,286$832$522$319$191$19
39 years$1,239$791$489$294$174$16
40 years$1,195$753$458$271$157$13
41 years$1,153$717$430$250$143$11
42 years$1,113$682$403$231$130$9
43 years$1,075$650$378$213$118$8
44 years$1,038$620$355$197$107$7
45 years$1,004$591$333$182$97$6
46 years$971$564$313$168$88$5
47 years$940$538$294$155$80$4
48 years$910$514$276$143$73$3
49 years$881$490$260$133$66$3
50 years$853$469$244$123$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $874,000, adding $5,743 every year, while hoping to spend $52,644 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: 54/18/28 Blend
44$874,000$874,000$874,000$874,000
45$969,072$922,750$909,203$1,013,580
46$1,011,904$911,952$883,648$1,034,174
47$1,057,341$898,860$855,473$1,050,716
48$1,105,593$883,307$824,535$1,067,674
49$1,156,889$865,115$790,682$1,085,105
50$1,211,481$844,094$753,759$1,103,079
51$1,269,643$820,047$713,601$1,121,676
52$1,331,678$792,760$670,038$1,140,984
53$1,397,916$762,011$622,891$1,161,106
54$1,468,717$727,564$571,971$1,182,160
55$1,544,478$689,167$517,085$1,204,277
56$1,625,635$646,556$458,027$1,227,607
57$1,712,664$599,451$394,585$1,252,319
58$1,806,088$547,557$326,536$1,278,605
59$1,906,481$490,559$253,647$1,306,679
60$2,014,474$428,128$175,676$1,336,786
61$2,130,758$359,915$92,369$1,369,197
62$2,256,094$285,549$3,462$1,404,218
63$2,391,316$204,641$0$1,442,192
64$2,537,341$116,780$0$1,510,818
65$2,695,178$21,530$0$1,586,092
66$2,865,933$0$0$1,667,550
67$3,050,824$0$0$1,771,982
68$3,251,190$0$0$1,889,846
69$3,468,503$0$0$2,017,751
70$3,704,381$0$0$2,156,659
71$3,960,604$0$0$2,307,628
72$4,239,131$0$0$2,471,823
73$4,542,115$0$0$2,650,523
74$4,871,928$0$0$2,845,137
75$5,231,177$0$0$3,057,216
76$5,622,732$0$0$3,288,467
77$6,049,752$0$0$3,540,766
78$6,515,714$0$0$3,816,182
79$7,024,443$0$0$4,116,989
80$7,580,153$0$0$4,445,693
81$8,187,480$0$0$4,805,051
82$8,851,531$0$0$5,198,099
83$9,577,926$0$0$5,628,180
84$10,372,855$0$0$6,098,975
85$11,243,133$0$0$6,614,539
86$12,196,265$0$0$7,179,334
87$13,240,516$0$0$7,798,276
88$14,384,988$0$0$8,476,781
89$15,639,705$0$0$9,220,810
90$17,015,708$0$0$10,036,930
91$18,525,157$0$0$10,932,377
92$20,181,446$0$0$11,915,117
93$21,999,329$0$0$12,993,927
94$23,995,055$0$0$14,178,474
95$26,186,527$0$0$15,479,410
96$28,593,465$0$0$16,908,465
97$31,237,592$0$0$18,478,563
98$34,142,838$0$0$20,203,943
99$37,335,569$0$0$22,100,289
100$40,844,828$0$0$24,184,882