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%12.2%
1 years$72,339$71,695$71,066$70,453$69,853$69,210
2 years$35,812$35,145$34,498$33,871$33,264$32,616
3 years$23,637$22,967$22,323$21,702$21,104$20,471
4 years$17,551$16,883$16,245$15,635$15,051$14,439
5 years$13,901$13,237$12,607$12,009$11,442$10,851
6 years$11,468$10,809$10,188$9,604$9,054$8,486
7 years$9,730$9,077$8,466$7,896$7,363$6,818
8 years$8,428$7,781$7,180$6,624$6,108$5,586
9 years$7,416$6,775$6,184$5,642$5,144$4,645
10 years$6,606$5,972$5,392$4,863$4,383$3,906
11 years$5,945$5,316$4,747$4,233$3,770$3,315
12 years$5,394$4,771$4,213$3,713$3,267$2,833
13 years$4,928$4,312$3,764$3,278$2,849$2,436
14 years$4,529$3,919$3,382$2,909$2,497$2,105
15 years$4,183$3,581$3,053$2,595$2,199$1,827
16 years$3,881$3,285$2,768$2,323$1,943$1,591
17 years$3,615$3,025$2,519$2,087$1,723$1,389
18 years$3,378$2,796$2,299$1,881$1,532$1,217
19 years$3,167$2,591$2,105$1,700$1,365$1,068
20 years$2,977$2,408$1,932$1,540$1,220$939
21 years$2,806$2,243$1,777$1,397$1,091$826
22 years$2,650$2,093$1,638$1,270$978$729
23 years$2,508$1,958$1,512$1,157$878$644
24 years$2,378$1,834$1,399$1,055$789$569
25 years$2,258$1,722$1,295$964$710$503
26 years$2,148$1,618$1,201$881$640$446
27 years$2,047$1,523$1,116$807$577$395
28 years$1,952$1,435$1,037$739$520$350
29 years$1,865$1,354$965$678$470$311
30 years$1,783$1,278$899$622$425$276
31 years$1,707$1,208$838$571$384$245
32 years$1,636$1,143$782$525$347$218
33 years$1,569$1,083$730$483$314$193
34 years$1,506$1,026$682$444$285$172
35 years$1,447$973$638$409$258$153
36 years$1,391$924$597$377$234$136
37 years$1,339$878$558$347$212$121
38 years$1,289$834$523$320$192$108
39 years$1,242$793$490$295$174$96
40 years$1,198$754$459$272$158$85
41 years$1,155$718$431$251$143$76
42 years$1,115$684$404$232$130$68
43 years$1,077$652$379$214$118$60
44 years$1,041$621$356$197$107$54
45 years$1,006$592$334$182$97$48
46 years$973$565$314$168$88$43
47 years$942$539$295$156$80$38
48 years$912$515$277$144$73$34
49 years$883$492$260$133$66$30
50 years$855$470$245$123$60$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $876,000, adding $5,282 every year, while hoping to spend $39,796 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: 50/36/14 Blend
44$876,000$876,000$876,000$876,000
45$970,800$924,372$910,794$1,015,374
46$1,027,479$927,324$898,963$1,049,512
47$1,088,606$929,086$885,402$1,081,994
48$1,154,591$929,559$870,011$1,116,404
49$1,225,888$928,636$852,685$1,152,937
50$1,302,994$926,204$833,315$1,191,809
51$1,386,454$922,143$811,785$1,233,257
52$1,476,869$916,326$787,978$1,277,549
53$1,574,901$908,616$761,766$1,324,978
54$1,681,274$898,872$733,018$1,375,872
55$1,796,788$886,941$701,598$1,430,594
56$1,922,322$872,662$667,363$1,489,546
57$2,058,841$855,864$630,162$1,553,175
58$2,207,408$836,368$589,838$1,621,976
59$2,369,195$813,980$546,228$1,696,499
60$2,545,487$788,500$499,162$1,777,350
61$2,737,703$759,712$448,459$1,865,204
62$2,947,400$727,390$393,935$1,960,808
63$3,176,296$691,293$335,393$2,064,988
64$3,426,280$651,168$272,630$2,178,660
65$3,699,431$606,746$205,433$2,302,839
66$3,998,039$557,742$133,581$2,438,646
67$4,324,624$503,857$56,842$2,587,325
68$4,681,964$444,774$0$2,750,248
69$5,073,113$380,157$0$2,932,681
70$5,501,437$309,651$0$3,141,868
71$5,970,643$232,883$0$3,371,209
72$6,484,811$149,457$0$3,622,805
73$7,048,438$58,956$0$3,898,973
74$7,666,472$0$0$4,202,275
75$8,344,368$0$0$4,551,013
76$9,088,131$0$0$4,959,354
77$9,904,375$0$0$5,407,586
78$10,800,388$0$0$5,899,723
79$11,784,195$0$0$6,440,185
80$12,864,640$0$0$7,033,844
81$14,051,461$0$0$7,686,063
82$15,355,389$0$0$8,402,754
83$16,788,243$0$0$9,190,428
84$18,363,047$0$0$10,056,258
85$20,094,147$0$0$11,008,148
86$21,997,348$0$0$12,054,804
87$24,090,064$0$0$13,205,820
88$26,391,479$0$0$14,471,764
89$28,922,733$0$0$15,864,282
90$31,707,113$0$0$17,396,202
91$34,770,279$0$0$19,081,663
92$38,140,502$0$0$20,936,238
93$41,848,934$0$0$22,977,090
94$45,929,896$0$0$25,223,127
95$50,421,206$0$0$27,695,185
96$55,364,532$0$0$30,416,221
97$60,805,790$0$0$33,411,530
98$66,795,569$0$0$36,708,986
99$73,389,614$0$0$40,339,300
100$80,649,351$0$0$44,336,316