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%16.6%
1 years$72,174$71,531$70,904$70,292$69,694$67,817
2 years$35,730$35,064$34,419$33,794$33,188$31,310
3 years$23,583$22,915$22,272$21,652$21,056$19,236
4 years$17,511$16,845$16,208$15,599$15,017$13,269
5 years$13,869$13,207$12,578$11,982$11,416$9,745
6 years$11,441$10,784$10,165$9,582$9,033$7,441
7 years$9,708$9,057$8,447$7,878$7,346$5,832
8 years$8,409$7,763$7,164$6,608$6,094$4,659
9 years$7,399$6,759$6,170$5,629$5,132$3,773
10 years$6,591$5,958$5,379$4,852$4,373$3,088
11 years$5,931$5,304$4,736$4,223$3,761$2,549
12 years$5,381$4,761$4,203$3,704$3,259$2,118
13 years$4,916$4,302$3,755$3,270$2,842$1,769
14 years$4,518$3,911$3,374$2,903$2,491$1,484
15 years$4,174$3,572$3,046$2,589$2,194$1,249
16 years$3,872$3,278$2,762$2,318$1,939$1,055
17 years$3,607$3,019$2,513$2,083$1,719$893
18 years$3,371$2,789$2,294$1,877$1,528$757
19 years$3,160$2,585$2,100$1,696$1,362$643
20 years$2,970$2,402$1,927$1,536$1,217$547
21 years$2,799$2,238$1,773$1,394$1,089$466
22 years$2,644$2,089$1,634$1,268$976$397
23 years$2,502$1,953$1,509$1,154$876$339
24 years$2,372$1,830$1,395$1,053$788$290
25 years$2,253$1,718$1,292$962$709$247
26 years$2,144$1,614$1,199$879$638$212
27 years$2,042$1,519$1,113$805$576$181
28 years$1,948$1,432$1,035$737$519$155
29 years$1,861$1,351$963$676$469$133
30 years$1,779$1,275$897$620$424$113
31 years$1,703$1,206$836$570$383$97
32 years$1,632$1,141$780$524$346$83
33 years$1,565$1,080$728$482$314$71
34 years$1,503$1,024$681$443$284$61
35 years$1,444$971$636$408$257$52
36 years$1,388$922$595$376$233$45
37 years$1,336$876$557$346$211$38
38 years$1,286$832$522$319$191$33
39 years$1,239$791$489$294$174$28
40 years$1,195$753$458$271$157$24
41 years$1,153$717$430$250$143$21
42 years$1,113$682$403$231$130$18
43 years$1,075$650$378$213$118$15
44 years$1,038$620$355$197$107$13
45 years$1,004$591$333$182$97$11
46 years$971$564$313$168$88$10
47 years$940$538$294$155$80$8
48 years$910$514$276$143$73$7
49 years$881$490$260$133$66$6
50 years$853$469$244$123$60$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $874,000, adding $4,772 every year, while hoping to spend $51,452 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: 85/8/7 Blend
44$874,000$874,000$874,000$874,000
45$968,070$921,748$908,201$1,049,391
46$1,012,069$912,169$883,882$1,093,588
47$1,058,831$900,397$857,023$1,134,619
48$1,108,584$886,268$827,485$1,178,066
49$1,161,577$869,613$795,123$1,224,136
50$1,218,083$850,249$759,785$1,273,059
51$1,278,400$827,984$721,310$1,325,088
52$1,342,855$802,614$679,533$1,380,499
53$1,411,809$773,924$634,279$1,439,599
54$1,485,652$741,685$585,367$1,502,723
55$1,564,818$705,657$532,606$1,570,243
56$1,649,779$665,584$475,797$1,642,565
57$1,741,054$621,195$414,734$1,720,138
58$1,839,214$572,206$349,200$1,803,458
59$1,944,884$518,315$278,969$1,893,069
60$2,058,752$459,202$203,804$1,989,570
61$2,181,572$394,530$123,459$2,093,623
62$2,314,174$323,944$37,677$2,205,957
63$2,457,469$247,066$0$2,327,375
64$2,612,459$163,500$0$2,462,784
65$2,780,243$72,825$0$2,612,400
66$2,962,033$0$0$2,774,504
67$3,159,159$0$0$2,952,538
68$3,373,085$0$0$3,152,713
69$3,605,419$0$0$3,370,124
70$3,857,932$0$0$3,606,430
71$4,132,571$0$0$3,863,455
72$4,431,479$0$0$4,143,205
73$4,757,014$0$0$4,447,889
74$5,111,769$0$0$4,779,935
75$5,498,599$0$0$5,142,019
76$5,920,647$0$0$5,537,083
77$6,381,371$0$0$5,968,367
78$6,884,580$0$0$6,439,437
79$7,434,463$0$0$6,954,218
80$8,035,635$0$0$7,517,032
81$8,693,177$0$0$8,132,638
82$9,412,682$0$0$8,806,276
83$10,200,310$0$0$9,543,714
84$11,062,844$0$0$10,351,305
85$12,007,752$0$0$11,236,046
86$13,043,260$0$0$12,205,640
87$14,178,428$0$0$13,268,575
88$15,423,233$0$0$14,434,194
89$16,788,664$0$0$15,712,792
90$18,286,825$0$0$17,115,705
91$19,931,049$0$0$18,655,422
92$21,736,020$0$0$20,345,698
93$23,717,918$0$0$22,201,687
94$25,894,560$0$0$24,240,079
95$28,285,579$0$0$26,479,263
96$30,912,600$0$0$28,939,494
97$33,799,446$0$0$31,643,088
98$36,972,364$0$0$34,614,629
99$40,460,269$0$0$37,881,202
100$44,295,017$0$0$41,472,646