Can I retire at age 45 with 876,000?

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 $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%15.9%
1 years$72,339$71,695$71,066$70,453$69,853$68,165
2 years$35,812$35,145$34,498$33,871$33,264$31,572
3 years$23,637$22,967$22,323$21,702$21,104$19,463
4 years$17,551$16,883$16,245$15,635$15,051$13,474
5 years$13,901$13,237$12,607$12,009$11,442$9,931
6 years$11,468$10,809$10,188$9,604$9,054$7,612
7 years$9,730$9,077$8,466$7,896$7,363$5,991
8 years$8,428$7,781$7,180$6,624$6,108$4,804
9 years$7,416$6,775$6,184$5,642$5,144$3,908
10 years$6,606$5,972$5,392$4,863$4,383$3,213
11 years$5,945$5,316$4,747$4,233$3,770$2,664
12 years$5,394$4,771$4,213$3,713$3,267$2,223
13 years$4,928$4,312$3,764$3,278$2,849$1,866
14 years$4,529$3,919$3,382$2,909$2,497$1,573
15 years$4,183$3,581$3,053$2,595$2,199$1,330
16 years$3,881$3,285$2,768$2,323$1,943$1,129
17 years$3,615$3,025$2,519$2,087$1,723$960
18 years$3,378$2,796$2,299$1,881$1,532$819
19 years$3,167$2,591$2,105$1,700$1,365$699
20 years$2,977$2,408$1,932$1,540$1,220$598
21 years$2,806$2,243$1,777$1,397$1,091$512
22 years$2,650$2,093$1,638$1,270$978$439
23 years$2,508$1,958$1,512$1,157$878$377
24 years$2,378$1,834$1,399$1,055$789$323
25 years$2,258$1,722$1,295$964$710$278
26 years$2,148$1,618$1,201$881$640$239
27 years$2,047$1,523$1,116$807$577$206
28 years$1,952$1,435$1,037$739$520$177
29 years$1,865$1,354$965$678$470$152
30 years$1,783$1,278$899$622$425$131
31 years$1,707$1,208$838$571$384$113
32 years$1,636$1,143$782$525$347$97
33 years$1,569$1,083$730$483$314$84
34 years$1,506$1,026$682$444$285$72
35 years$1,447$973$638$409$258$62
36 years$1,391$924$597$377$234$54
37 years$1,339$878$558$347$212$46
38 years$1,289$834$523$320$192$40
39 years$1,242$793$490$295$174$34
40 years$1,198$754$459$272$158$30
41 years$1,155$718$431$251$143$26
42 years$1,115$684$404$232$130$22
43 years$1,077$652$379$214$118$19
44 years$1,041$621$356$197$107$16
45 years$1,006$592$334$182$97$14
46 years$973$565$314$168$88$12
47 years$942$539$295$156$80$11
48 years$912$515$277$144$73$9
49 years$883$492$260$133$66$8
50 years$855$470$245$123$60$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $876,000, adding $4,817 every year, while hoping to spend $25,255 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: 49/40/11 Blend
44$876,000$876,000$876,000$876,000
45$970,321$923,893$910,315$1,014,744
46$1,042,422$942,292$913,939$1,064,143
47$1,121,032$960,747$916,839$1,114,726
48$1,206,786$979,233$918,962$1,169,094
49$1,300,387$997,724$920,256$1,227,608
50$1,402,607$1,016,192$920,664$1,290,668
51$1,514,294$1,034,607$920,128$1,358,713
52$1,636,385$1,052,936$918,585$1,432,228
53$1,769,910$1,071,144$915,972$1,511,746
54$1,916,003$1,089,192$912,218$1,597,857
55$2,075,912$1,107,039$907,255$1,691,208
56$2,251,013$1,124,642$901,006$1,792,517
57$2,442,820$1,141,953$893,394$1,902,572
58$2,653,001$1,158,922$884,335$2,022,243
59$2,883,392$1,175,495$873,746$2,152,490
60$3,136,017$1,191,612$861,535$2,294,370
61$3,413,102$1,207,213$847,608$2,449,049
62$3,717,103$1,222,231$831,867$2,617,814
63$4,050,721$1,236,593$814,208$2,802,082
64$4,416,934$1,250,226$794,524$3,003,417
65$4,819,022$1,263,048$772,700$3,223,543
66$5,260,596$1,274,971$748,620$3,464,362
67$5,745,638$1,285,906$722,160$3,727,970
68$6,278,530$1,295,752$693,189$4,016,678
69$6,864,102$1,304,406$661,573$4,333,035
70$7,507,676$1,311,757$627,171$4,679,852
71$8,215,112$1,317,687$589,835$5,060,228
72$8,992,869$1,322,068$549,409$5,477,578
73$9,848,061$1,324,769$505,734$5,935,672
74$10,788,527$1,325,647$458,640$6,438,662
75$11,822,904$1,324,551$407,952$6,991,130
76$12,960,706$1,321,320$353,484$7,598,125
77$14,212,418$1,315,784$295,046$8,265,216
78$15,589,591$1,307,764$232,436$8,998,541
79$17,104,951$1,297,067$165,445$9,804,868
80$18,772,524$1,283,490$93,855$10,691,661
81$20,607,758$1,266,819$17,436$11,667,146
82$22,627,681$1,246,824$0$12,740,394
83$24,851,050$1,223,264$0$13,928,930
84$27,298,537$1,195,884$0$15,238,927
85$29,992,917$1,164,411$0$16,680,521
86$32,959,286$1,128,559$0$18,267,143
87$36,225,298$1,088,023$0$20,013,597
88$39,821,424$1,042,482$0$21,936,202
89$43,781,242$991,596$0$24,052,947
90$48,141,749$935,005$0$26,383,658
91$52,943,714$872,327$0$28,950,190
92$58,232,062$803,160$0$31,776,632
93$64,056,297$727,080$0$34,889,536
94$70,470,968$643,635$0$38,318,169
95$77,536,184$552,350$0$42,094,790
96$85,318,183$452,724$0$46,254,955
97$93,889,956$344,225$0$50,837,853
98$103,331,932$226,293$0$55,886,681
99$113,732,744$98,337$0$61,449,049
100$125,190,059$0$0$67,577,434