Can I retire at age 45 with 875,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.7%
1 years$72,257$71,613$70,985$70,372$69,774$67,058
2 years$35,771$35,104$34,459$33,833$33,226$30,523
3 years$23,610$22,941$22,297$21,677$21,080$18,474
4 years$17,531$16,864$16,227$15,617$15,034$12,546
5 years$13,885$13,222$12,593$11,995$11,429$9,065
6 years$11,455$10,797$10,177$9,593$9,043$6,804
7 years$9,719$9,067$8,457$7,887$7,355$5,240
8 years$8,419$7,772$7,172$6,616$6,101$4,110
9 years$7,407$6,767$6,177$5,635$5,138$3,266
10 years$6,599$5,965$5,385$4,858$4,378$2,622
11 years$5,938$5,310$4,741$4,228$3,765$2,121
12 years$5,387$4,766$4,208$3,708$3,263$1,726
13 years$4,922$4,307$3,759$3,274$2,845$1,412
14 years$4,523$3,915$3,378$2,906$2,494$1,159
15 years$4,178$3,576$3,050$2,592$2,196$955
16 years$3,877$3,281$2,765$2,321$1,941$788
17 years$3,611$3,022$2,516$2,085$1,721$652
18 years$3,375$2,792$2,297$1,879$1,530$540
19 years$3,164$2,588$2,103$1,698$1,364$448
20 years$2,974$2,405$1,930$1,538$1,218$372
21 years$2,802$2,240$1,775$1,396$1,090$310
22 years$2,647$2,091$1,636$1,269$977$258
23 years$2,505$1,956$1,510$1,156$877$215
24 years$2,375$1,832$1,397$1,054$788$179
25 years$2,256$1,720$1,294$963$709$149
26 years$2,146$1,616$1,200$880$639$124
27 years$2,044$1,521$1,114$806$576$104
28 years$1,950$1,433$1,036$738$520$87
29 years$1,863$1,352$964$677$469$72
30 years$1,781$1,277$898$621$424$60
31 years$1,705$1,207$837$571$383$50
32 years$1,634$1,142$781$524$347$42
33 years$1,567$1,082$729$482$314$35
34 years$1,504$1,025$681$444$284$29
35 years$1,445$972$637$408$257$24
36 years$1,390$923$596$376$233$20
37 years$1,337$877$558$347$211$17
38 years$1,288$833$522$319$192$14
39 years$1,241$792$489$295$174$12
40 years$1,196$754$459$272$158$10
41 years$1,154$717$430$251$143$8
42 years$1,114$683$403$231$130$7
43 years$1,076$651$379$214$118$6
44 years$1,040$620$355$197$107$5
45 years$1,005$592$334$182$97$4
46 years$972$564$313$168$88$3
47 years$941$539$294$155$80$3
48 years$911$514$277$144$73$2
49 years$882$491$260$133$66$2
50 years$854$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 $875,000, adding $2,514 every year, while hoping to spend $49,884 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: 50/26/24 Blend
44$875,000$875,000$875,000$875,000
45$966,843$920,468$906,906$1,008,542
46$1,012,385$912,495$884,211$1,029,827
47$1,060,900$902,459$859,084$1,047,710
48$1,112,639$890,207$831,390$1,066,131
49$1,167,877$875,576$800,991$1,085,164
50$1,226,914$858,392$767,737$1,104,890
51$1,290,080$838,474$731,477$1,125,404
52$1,357,737$815,628$692,050$1,146,812
53$1,430,280$789,648$649,288$1,169,236
54$1,508,146$760,319$603,017$1,192,813
55$1,591,812$727,409$553,053$1,217,698
56$1,681,801$690,676$499,204$1,244,065
57$1,778,690$649,864$441,272$1,272,114
58$1,883,109$604,700$379,048$1,302,065
59$1,995,753$554,898$312,313$1,334,171
60$2,117,385$500,153$240,841$1,368,710
61$2,248,842$440,144$164,393$1,406,000
62$2,391,046$374,533$82,722$1,446,393
63$2,545,009$302,961$0$1,490,285
64$2,711,843$225,050$0$1,539,256
65$2,892,772$140,398$0$1,615,345
66$3,089,142$48,585$0$1,697,973
67$3,302,433$0$0$1,787,832
68$3,534,274$0$0$1,900,236
69$3,786,454$0$0$2,037,702
70$4,060,944$0$0$2,187,414
71$4,359,913$0$0$2,350,566
72$4,685,747$0$0$2,528,470
73$5,041,071$0$0$2,722,573
74$5,428,775$0$0$2,934,463
75$5,852,041$0$0$3,165,894
76$6,314,370$0$0$3,418,792
77$6,819,618$0$0$3,695,280
78$7,372,028$0$0$3,997,695
79$7,976,274$0$0$4,328,609
80$8,637,500$0$0$4,690,856
81$9,361,372$0$0$5,087,554
82$10,154,128$0$0$5,522,140
83$11,022,640$0$0$5,998,397
84$11,974,472$0$0$6,520,492
85$13,017,959$0$0$7,093,014
86$14,162,277$0$0$7,721,017
87$15,417,534$0$0$8,410,068
88$16,794,865$0$0$9,166,300
89$18,306,534$0$0$9,996,468
90$19,966,048$0$0$10,908,012
91$21,788,288$0$0$11,909,128
92$23,789,647$0$0$13,008,845
93$25,988,181$0$0$14,217,111
94$28,403,783$0$0$15,544,883
95$31,058,368$0$0$17,004,233
96$33,976,079$0$0$18,608,461
97$37,183,514$0$0$20,372,218
98$40,709,976$0$0$22,311,648
99$44,587,750$0$0$24,444,535
100$48,852,406$0$0$26,790,476