Can I retire at age 45 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$72,257$71,613$70,985$70,372$69,774$67,379
2 years$35,771$35,104$34,459$33,833$33,226$30,837
3 years$23,610$22,941$22,297$21,677$21,080$18,772
4 years$17,531$16,864$16,227$15,617$15,034$12,826
5 years$13,885$13,222$12,593$11,995$11,429$9,326
6 years$11,455$10,797$10,177$9,593$9,043$7,047
7 years$9,719$9,067$8,457$7,887$7,355$5,464
8 years$8,419$7,772$7,172$6,616$6,101$4,316
9 years$7,407$6,767$6,177$5,635$5,138$3,455
10 years$6,599$5,965$5,385$4,858$4,378$2,795
11 years$5,938$5,310$4,741$4,228$3,765$2,279
12 years$5,387$4,766$4,208$3,708$3,263$1,870
13 years$4,922$4,307$3,759$3,274$2,845$1,542
14 years$4,523$3,915$3,378$2,906$2,494$1,276
15 years$4,178$3,576$3,050$2,592$2,196$1,060
16 years$3,877$3,281$2,765$2,321$1,941$883
17 years$3,611$3,022$2,516$2,085$1,721$737
18 years$3,375$2,792$2,297$1,879$1,530$616
19 years$3,164$2,588$2,103$1,698$1,364$516
20 years$2,974$2,405$1,930$1,538$1,218$433
21 years$2,802$2,240$1,775$1,396$1,090$363
22 years$2,647$2,091$1,636$1,269$977$305
23 years$2,505$1,956$1,510$1,156$877$256
24 years$2,375$1,832$1,397$1,054$788$216
25 years$2,256$1,720$1,294$963$709$182
26 years$2,146$1,616$1,200$880$639$153
27 years$2,044$1,521$1,114$806$576$129
28 years$1,950$1,433$1,036$738$520$108
29 years$1,863$1,352$964$677$469$91
30 years$1,781$1,277$898$621$424$77
31 years$1,705$1,207$837$571$383$65
32 years$1,634$1,142$781$524$347$55
33 years$1,567$1,082$729$482$314$46
34 years$1,504$1,025$681$444$284$39
35 years$1,445$972$637$408$257$33
36 years$1,390$923$596$376$233$28
37 years$1,337$877$558$347$211$23
38 years$1,288$833$522$319$192$20
39 years$1,241$792$489$295$174$17
40 years$1,196$754$459$272$158$14
41 years$1,154$717$430$251$143$12
42 years$1,114$683$403$231$130$10
43 years$1,076$651$379$214$118$8
44 years$1,040$620$355$197$107$7
45 years$1,005$592$334$182$97$6
46 years$972$564$313$168$88$5
47 years$941$539$294$155$80$4
48 years$911$514$277$144$73$4
49 years$882$491$260$133$66$3
50 years$854$469$244$123$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $875,000, adding $2,047 every year, while hoping to spend $28,871 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: 68/10/22 Blend
44$875,000$875,000$875,000$875,000
45$966,361$919,986$906,424$1,026,580
46$1,034,212$934,347$906,071$1,081,531
47$1,108,015$948,444$904,738$1,138,091
48$1,188,349$962,234$902,362$1,199,277
49$1,275,846$975,669$898,878$1,265,546
50$1,371,207$988,701$894,214$1,337,399
51$1,475,199$1,001,276$888,299$1,415,390
52$1,588,668$1,013,338$881,056$1,500,129
53$1,712,545$1,024,825$872,405$1,592,291
54$1,847,856$1,035,672$862,261$1,692,617
55$1,995,728$1,045,811$850,538$1,801,926
56$2,157,404$1,055,167$837,143$1,921,120
57$2,334,251$1,063,663$821,979$2,051,193
58$2,527,776$1,071,213$804,947$2,193,243
59$2,739,637$1,077,730$785,940$2,348,480
60$2,971,659$1,083,118$764,848$2,518,236
61$3,225,853$1,087,276$741,555$2,703,981
62$3,504,435$1,090,097$715,942$2,907,337
63$3,809,842$1,091,467$687,881$3,130,090
64$4,144,762$1,091,265$657,241$3,374,212
65$4,512,153$1,089,362$623,884$3,641,873
66$4,915,273$1,085,621$587,664$3,935,470
67$5,357,712$1,079,897$548,432$4,257,642
68$5,843,423$1,072,038$506,030$4,611,301
69$6,376,763$1,061,878$460,292$4,999,656
70$6,962,529$1,049,246$411,048$5,426,245
71$7,606,006$1,033,959$358,118$5,894,969
72$8,313,017$1,015,821$301,313$6,410,128
73$9,089,976$994,627$240,438$6,976,462
74$9,943,949$970,159$175,288$7,599,198
75$10,882,721$942,186$105,649$8,284,096
76$11,914,869$910,464$31,299$9,037,509
77$13,049,843$874,734$0$9,866,436
78$14,298,054$834,722$0$10,789,874
79$15,670,971$790,140$0$11,813,626
80$17,181,233$740,680$0$12,939,775
81$18,842,765$686,019$0$14,178,722
82$20,670,907$625,814$0$15,541,926
83$22,682,565$559,704$0$17,042,016
84$24,896,364$487,307$0$18,692,909
85$27,332,825$408,217$0$20,509,941
86$30,014,562$322,009$0$22,510,012
87$32,966,491$228,231$0$24,711,744
88$36,216,066$126,406$0$27,135,661
89$39,793,537$16,033$0$29,804,378
90$43,732,238$0$0$32,742,817
91$48,068,900$0$0$35,989,825
92$52,843,994$0$0$39,567,110
93$58,102,117$0$0$43,506,327
94$63,892,413$0$0$47,844,301
95$70,269,031$0$0$52,621,609
96$77,291,641$0$0$57,882,963
97$85,025,995$0$0$63,677,636
98$93,544,547$0$0$70,059,918
99$102,927,138$0$0$77,089,640
100$113,261,745$0$0$84,832,726