Can I retire at age 45 with 876,000?

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 $876,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$72,339$71,695$71,066$70,453$69,853$67,672
2 years$35,812$35,145$34,498$33,871$33,264$31,085
3 years$23,637$22,967$22,323$21,702$21,104$18,996
4 years$17,551$16,883$16,245$15,635$15,051$13,032
5 years$13,901$13,237$12,607$12,009$11,442$9,515
6 years$11,468$10,809$10,188$9,604$9,054$7,222
7 years$9,730$9,077$8,466$7,896$7,363$5,625
8 years$8,428$7,781$7,180$6,624$6,108$4,464
9 years$7,416$6,775$6,184$5,642$5,144$3,592
10 years$6,606$5,972$5,392$4,863$4,383$2,920
11 years$5,945$5,316$4,747$4,233$3,770$2,393
12 years$5,394$4,771$4,213$3,713$3,267$1,974
13 years$4,928$4,312$3,764$3,278$2,849$1,636
14 years$4,529$3,919$3,382$2,909$2,497$1,362
15 years$4,183$3,581$3,053$2,595$2,199$1,138
16 years$3,881$3,285$2,768$2,323$1,943$953
17 years$3,615$3,025$2,519$2,087$1,723$800
18 years$3,378$2,796$2,299$1,881$1,532$673
19 years$3,167$2,591$2,105$1,700$1,365$567
20 years$2,977$2,408$1,932$1,540$1,220$478
21 years$2,806$2,243$1,777$1,397$1,091$404
22 years$2,650$2,093$1,638$1,270$978$342
23 years$2,508$1,958$1,512$1,157$878$289
24 years$2,378$1,834$1,399$1,055$789$245
25 years$2,258$1,722$1,295$964$710$207
26 years$2,148$1,618$1,201$881$640$176
27 years$2,047$1,523$1,116$807$577$149
28 years$1,952$1,435$1,037$739$520$126
29 years$1,865$1,354$965$678$470$107
30 years$1,783$1,278$899$622$425$91
31 years$1,707$1,208$838$571$384$77
32 years$1,636$1,143$782$525$347$65
33 years$1,569$1,083$730$483$314$56
34 years$1,506$1,026$682$444$285$47
35 years$1,447$973$638$409$258$40
36 years$1,391$924$597$377$234$34
37 years$1,339$878$558$347$212$29
38 years$1,289$834$523$320$192$25
39 years$1,242$793$490$295$174$21
40 years$1,198$754$459$272$158$18
41 years$1,155$718$431$251$143$15
42 years$1,115$684$404$232$130$13
43 years$1,077$652$379$214$118$11
44 years$1,041$621$356$197$107$9
45 years$1,006$592$334$182$97$8
46 years$973$565$314$168$88$7
47 years$942$539$295$156$80$6
48 years$912$515$277$144$73$5
49 years$883$492$260$133$66$4
50 years$855$470$245$123$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $876,000, adding $5,008 every year, while hoping to spend $44,415 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: 71/11/18 Blend
44$876,000$876,000$876,000$876,000
45$970,518$924,090$910,512$1,034,933
46$1,022,253$922,113$893,757$1,076,462
47$1,077,777$918,551$874,952$1,116,120
48$1,137,429$913,278$853,981$1,158,412
49$1,201,582$906,164$830,724$1,203,592
50$1,270,644$897,067$805,055$1,251,940
51$1,345,066$885,839$776,840$1,303,766
52$1,425,340$872,323$745,942$1,359,412
53$1,512,009$856,351$712,215$1,419,257
54$1,605,669$837,747$675,509$1,483,718
55$1,706,975$816,324$635,666$1,553,258
56$1,816,646$791,883$592,520$1,628,384
57$1,935,473$764,215$545,899$1,709,662
58$2,064,327$733,097$495,622$1,797,712
59$2,204,164$698,294$441,501$1,893,220
60$2,356,036$659,559$383,340$1,996,945
61$2,521,102$616,627$320,932$2,109,725
62$2,700,634$569,221$254,062$2,232,483
63$2,896,033$517,048$182,508$2,366,241
64$3,108,841$459,796$106,034$2,512,125
65$3,340,754$397,137$24,398$2,671,379
66$3,593,638$328,724$0$2,845,377
67$3,869,549$254,191$0$3,047,681
68$4,170,748$173,151$0$3,273,702
69$4,499,723$85,194$0$3,520,649
70$4,859,216$0$0$3,790,616
71$5,252,244$0$0$4,087,134
72$5,682,128$0$0$4,422,781
73$6,152,527$0$0$4,790,105
74$6,667,467$0$0$5,192,256
75$7,231,384$0$0$5,632,704
76$7,849,160$0$0$6,115,269
77$8,526,176$0$0$6,644,158
78$9,268,354$0$0$7,224,005
79$10,082,218$0$0$7,859,915
80$10,974,953$0$0$8,557,508
81$11,954,475$0$0$9,322,975
82$13,029,500$0$0$10,163,137
83$14,209,631$0$0$11,085,507
84$15,505,446$0$0$12,098,358
85$16,928,597$0$0$13,210,807
86$18,491,919$0$0$14,432,896
87$20,209,553$0$0$15,775,687
88$22,097,077$0$0$17,251,369
89$24,171,652$0$0$18,873,366
90$26,452,185$0$0$20,656,472
91$28,959,506$0$0$22,616,982
92$31,716,563$0$0$24,772,851
93$34,748,640$0$0$27,143,860
94$38,083,594$0$0$29,751,803
95$41,752,118$0$0$32,620,694
96$45,788,026$0$0$35,776,989
97$50,228,579$0$0$39,249,839
98$55,114,829$0$0$43,071,363
99$60,492,008$0$0$47,276,951
100$66,409,957$0$0$51,905,597