Can I retire at age 45 with 877,000?

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 $877,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$72,422$71,777$71,147$70,533$69,933$68,917
2 years$35,852$35,185$34,538$33,910$33,302$32,279
3 years$23,664$22,994$22,348$21,727$21,128$20,132
4 years$17,571$16,903$16,264$15,653$15,069$14,107
5 years$13,916$13,252$12,621$12,023$11,455$10,530
6 years$11,481$10,821$10,200$9,615$9,064$8,177
7 years$9,742$9,088$8,476$7,905$7,371$6,522
8 years$8,438$7,790$7,188$6,631$6,115$5,304
9 years$7,424$6,782$6,191$5,648$5,150$4,377
10 years$6,614$5,978$5,398$4,869$4,388$3,652
11 years$5,951$5,322$4,752$4,237$3,774$3,074
12 years$5,400$4,777$4,217$3,717$3,270$2,606
13 years$4,933$4,317$3,768$3,281$2,852$2,222
14 years$4,534$3,924$3,386$2,913$2,500$1,904
15 years$4,188$3,585$3,057$2,598$2,201$1,637
16 years$3,885$3,289$2,771$2,326$1,945$1,413
17 years$3,619$3,029$2,522$2,090$1,725$1,223
18 years$3,382$2,799$2,302$1,883$1,534$1,061
19 years$3,171$2,594$2,107$1,702$1,367$922
20 years$2,981$2,410$1,934$1,541$1,221$803
21 years$2,809$2,245$1,779$1,399$1,093$700
22 years$2,653$2,096$1,640$1,272$979$611
23 years$2,511$1,960$1,514$1,158$879$535
24 years$2,381$1,837$1,400$1,056$790$468
25 years$2,261$1,724$1,297$965$711$410
26 years$2,151$1,620$1,203$882$641$359
27 years$2,049$1,524$1,117$807$577$315
28 years$1,955$1,436$1,038$740$521$276
29 years$1,867$1,355$966$678$471$243
30 years$1,785$1,280$900$623$425$213
31 years$1,709$1,210$839$572$384$187
32 years$1,638$1,145$783$526$348$165
33 years$1,571$1,084$731$483$315$145
34 years$1,508$1,027$683$445$285$127
35 years$1,449$975$638$409$258$112
36 years$1,393$925$597$377$234$98
37 years$1,340$879$559$347$212$87
38 years$1,291$835$524$320$192$76
39 years$1,244$794$490$295$174$67
40 years$1,199$755$460$272$158$59
41 years$1,157$719$431$251$143$52
42 years$1,117$685$404$232$130$46
43 years$1,078$652$379$214$118$40
44 years$1,042$622$356$198$107$36
45 years$1,007$593$334$182$97$31
46 years$974$566$314$169$88$28
47 years$943$540$295$156$80$24
48 years$913$515$277$144$73$21
49 years$884$492$261$133$66$19
50 years$856$470$245$123$60$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $877,000, adding $6,433 every year, while hoping to spend $22,955 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: 69/26/5 Blend
44$877,000$877,000$877,000$877,000
45$973,090$926,609$913,015$1,039,259
46$1,047,921$947,589$919,177$1,104,833
47$1,129,615$968,827$924,776$1,173,099
48$1,218,849$990,313$929,769$1,247,136
49$1,316,367$1,012,033$934,111$1,327,504
50$1,422,986$1,033,972$937,754$1,414,819
51$1,539,610$1,056,116$940,648$1,509,760
52$1,667,231$1,078,447$942,741$1,613,075
53$1,806,942$1,100,945$943,976$1,725,588
54$1,959,949$1,123,589$944,298$1,848,204
55$2,127,576$1,146,357$943,644$1,981,924
56$2,311,284$1,169,224$941,951$2,127,847
57$2,512,680$1,192,162$939,153$2,287,186
58$2,733,538$1,215,141$935,178$2,461,275
59$2,975,806$1,238,131$929,954$2,651,586
60$3,241,635$1,261,096$923,404$2,859,739
61$3,533,390$1,283,998$915,446$3,087,520
62$3,853,679$1,306,797$905,997$3,336,895
63$4,205,374$1,329,450$894,968$3,610,033
64$4,591,639$1,351,909$882,266$3,909,320
65$5,015,957$1,374,125$867,793$4,237,389
66$5,482,170$1,396,042$851,449$4,597,138
67$5,994,506$1,417,602$833,127$4,991,763
68$6,557,624$1,438,743$812,716$5,424,783
69$7,176,658$1,459,398$790,098$5,900,078
70$7,857,264$1,479,495$765,153$6,421,923
71$8,605,672$1,498,957$737,752$6,995,026
72$9,428,746$1,517,703$707,764$7,624,581
73$10,334,052$1,535,643$675,047$8,316,305
74$11,329,921$1,552,686$639,457$9,076,504
75$12,425,535$1,568,730$600,841$9,912,123
76$13,631,011$1,583,669$559,040$10,830,818
77$14,957,495$1,597,389$513,889$11,841,023
78$16,417,267$1,609,769$465,212$12,952,037
79$18,023,861$1,620,680$412,829$14,174,104
80$19,792,187$1,629,985$356,551$15,518,515
81$21,738,673$1,637,538$296,179$16,997,711
82$23,881,423$1,643,183$231,506$18,625,406
83$26,240,384$1,646,754$162,317$20,416,711
84$28,837,535$1,648,077$88,386$22,388,278
85$31,697,095$1,646,964$9,479$24,558,462
86$34,845,751$1,643,218$0$26,947,487
87$38,312,911$1,636,629$0$29,581,630
88$42,130,976$1,626,972$0$32,482,268
89$46,335,655$1,614,013$0$35,675,980
90$50,966,290$1,597,498$0$39,192,616
91$56,066,240$1,577,163$0$43,065,069
92$61,683,278$1,552,726$0$47,329,590
93$67,870,049$1,523,887$0$52,026,128
94$74,684,566$1,490,329$0$57,198,707
95$82,190,755$1,451,718$0$62,895,845
96$90,459,059$1,407,699$0$69,171,009
97$99,567,102$1,357,895$0$76,083,119
98$109,600,423$1,301,910$0$83,697,111
99$120,653,285$1,239,321$0$92,084,543
100$132,829,557$1,169,685$0$101,324,276