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%11%
1 years$72,339$71,695$71,066$70,453$69,853$69,559
2 years$35,812$35,145$34,498$33,871$33,264$32,966
3 years$23,637$22,967$22,323$21,702$21,104$20,813
4 years$17,551$16,883$16,245$15,635$15,051$14,769
5 years$13,901$13,237$12,607$12,009$11,442$11,169
6 years$11,468$10,809$10,188$9,604$9,054$8,791
7 years$9,730$9,077$8,466$7,896$7,363$7,110
8 years$8,428$7,781$7,180$6,624$6,108$5,865
9 years$7,416$6,775$6,184$5,642$5,144$4,911
10 years$6,606$5,972$5,392$4,863$4,383$4,160
11 years$5,945$5,316$4,747$4,233$3,770$3,556
12 years$5,394$4,771$4,213$3,713$3,267$3,062
13 years$4,928$4,312$3,764$3,278$2,849$2,654
14 years$4,529$3,919$3,382$2,909$2,497$2,311
15 years$4,183$3,581$3,053$2,595$2,199$2,022
16 years$3,881$3,285$2,768$2,323$1,943$1,775
17 years$3,615$3,025$2,519$2,087$1,723$1,563
18 years$3,378$2,796$2,299$1,881$1,532$1,380
19 years$3,167$2,591$2,105$1,700$1,365$1,222
20 years$2,977$2,408$1,932$1,540$1,220$1,083
21 years$2,806$2,243$1,777$1,397$1,091$963
22 years$2,650$2,093$1,638$1,270$978$856
23 years$2,508$1,958$1,512$1,157$878$763
24 years$2,378$1,834$1,399$1,055$789$681
25 years$2,258$1,722$1,295$964$710$608
26 years$2,148$1,618$1,201$881$640$543
27 years$2,047$1,523$1,116$807$577$486
28 years$1,952$1,435$1,037$739$520$435
29 years$1,865$1,354$965$678$470$390
30 years$1,783$1,278$899$622$425$350
31 years$1,707$1,208$838$571$384$313
32 years$1,636$1,143$782$525$347$281
33 years$1,569$1,083$730$483$314$252
34 years$1,506$1,026$682$444$285$227
35 years$1,447$973$638$409$258$204
36 years$1,391$924$597$377$234$183
37 years$1,339$878$558$347$212$164
38 years$1,289$834$523$320$192$148
39 years$1,242$793$490$295$174$133
40 years$1,198$754$459$272$158$120
41 years$1,155$718$431$251$143$108
42 years$1,115$684$404$232$130$97
43 years$1,077$652$379$214$118$87
44 years$1,041$621$356$197$107$78
45 years$1,006$592$334$182$97$71
46 years$973$565$314$168$88$63
47 years$942$539$295$156$80$57
48 years$912$515$277$144$73$51
49 years$883$492$260$133$66$46
50 years$855$470$245$123$60$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $876,000, adding $4,970 every year, while hoping to spend $20,272 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: 38/42/20 Blend
44$876,000$876,000$876,000$876,000
45$970,479$924,051$910,473$1,001,372
46$1,047,898$947,760$919,404$1,047,847
47$1,132,535$971,951$927,955$1,095,760
48$1,225,104$996,627$936,092$1,147,125
49$1,326,392$1,021,790$943,779$1,202,263
50$1,437,266$1,047,439$950,978$1,261,530
51$1,558,680$1,073,577$957,648$1,325,318
52$1,691,685$1,100,201$963,749$1,394,059
53$1,837,438$1,127,312$969,235$1,468,227
54$1,997,213$1,154,907$974,061$1,548,346
55$2,172,415$1,182,983$978,178$1,634,992
56$2,364,589$1,211,537$981,535$1,728,800
57$2,575,438$1,240,564$984,078$1,830,471
58$2,806,838$1,270,057$985,750$1,940,775
59$3,060,856$1,300,010$986,493$2,060,562
60$3,339,766$1,330,414$986,243$2,190,770
61$3,646,077$1,361,258$984,937$2,332,429
62$3,982,549$1,392,532$982,504$2,486,677
63$4,352,225$1,424,222$978,875$2,654,768
64$4,758,457$1,456,315$973,972$2,838,084
65$5,204,938$1,488,792$967,718$3,038,147
66$5,695,734$1,521,636$960,030$3,256,635
67$6,235,329$1,554,826$950,820$3,495,398
68$6,828,659$1,588,338$939,999$3,756,475
69$7,481,165$1,622,149$927,471$4,042,114
70$8,198,839$1,656,230$913,137$4,354,792
71$8,988,286$1,690,551$896,893$4,697,239
72$9,856,782$1,725,078$878,629$5,072,464
73$10,812,342$1,759,776$858,232$5,483,786
74$11,863,799$1,794,604$835,581$5,934,860
75$13,020,887$1,829,519$810,553$6,429,719
76$14,294,326$1,864,475$783,016$6,972,804
77$15,695,934$1,899,421$752,834$7,569,013
78$17,238,730$1,934,302$719,863$8,223,744
79$18,937,057$1,969,059$683,955$8,942,948
80$20,806,722$2,003,629$644,954$9,733,183
81$22,865,144$2,037,943$602,696$10,601,679
82$25,131,512$2,071,926$557,010$11,556,406
83$27,626,976$2,105,499$507,719$12,606,146
84$30,374,835$2,138,577$454,636$13,760,582
85$33,400,769$2,171,068$397,566$15,030,387
86$36,733,071$2,202,873$336,308$16,427,323
87$40,402,918$2,233,888$270,648$17,964,356
88$44,444,666$2,263,999$200,366$19,655,777
89$48,896,174$2,293,087$125,229$21,517,340
90$53,799,156$2,321,021$44,997$23,566,407
91$59,199,584$2,347,664$0$25,822,115
92$65,148,112$2,372,870$0$28,314,227
93$71,700,560$2,396,482$0$31,068,135
94$78,918,439$2,418,331$0$34,099,910
95$86,869,531$2,438,241$0$37,437,857
96$95,628,529$2,456,020$0$41,113,172
97$105,277,741$2,471,468$0$45,160,231
98$115,907,868$2,484,367$0$49,616,922
99$127,618,861$2,494,491$0$54,524,998
100$140,520,858$2,501,595$0$59,930,474