Can I retire at age 45 with 878,000?

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 $878,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$72,504$71,859$71,228$70,613$70,013$68,684
2 years$35,893$35,225$34,577$33,949$33,340$32,005
3 years$23,691$23,020$22,374$21,751$21,152$19,855
4 years$17,591$16,922$16,282$15,671$15,086$13,835
5 years$13,932$13,267$12,636$12,037$11,468$10,268
6 years$11,494$10,834$10,212$9,626$9,074$7,926
7 years$9,753$9,098$8,486$7,914$7,380$6,283
8 years$8,447$7,799$7,197$6,639$6,122$5,078
9 years$7,433$6,790$6,198$5,655$5,156$4,162
10 years$6,622$5,985$5,404$4,874$4,393$3,450
11 years$5,958$5,328$4,758$4,242$3,778$2,884
12 years$5,406$4,782$4,222$3,721$3,274$2,427
13 years$4,939$4,322$3,772$3,285$2,855$2,055
14 years$4,539$3,928$3,389$2,916$2,503$1,747
15 years$4,193$3,589$3,060$2,601$2,204$1,492
16 years$3,890$3,293$2,775$2,329$1,948$1,277
17 years$3,623$3,032$2,525$2,092$1,727$1,097
18 years$3,386$2,802$2,305$1,886$1,535$944
19 years$3,174$2,597$2,110$1,704$1,369$814
20 years$2,984$2,413$1,936$1,543$1,222$703
21 years$2,812$2,248$1,781$1,400$1,094$608
22 years$2,656$2,098$1,642$1,273$981$526
23 years$2,514$1,962$1,516$1,160$880$456
24 years$2,383$1,839$1,402$1,058$791$396
25 years$2,264$1,725$1,298$966$712$344
26 years$2,153$1,622$1,204$883$641$299
27 years$2,051$1,526$1,118$808$578$260
28 years$1,957$1,438$1,039$741$522$226
29 years$1,869$1,357$967$679$471$196
30 years$1,787$1,281$901$623$426$171
31 years$1,711$1,211$840$572$385$149
32 years$1,639$1,146$784$526$348$130
33 years$1,572$1,085$732$484$315$113
34 years$1,509$1,029$684$445$285$98
35 years$1,450$976$639$410$258$86
36 years$1,394$926$598$377$234$75
37 years$1,342$880$560$348$212$65
38 years$1,292$836$524$321$192$57
39 years$1,245$795$491$296$174$50
40 years$1,200$756$460$273$158$43
41 years$1,158$720$432$251$144$38
42 years$1,118$686$405$232$130$33
43 years$1,080$653$380$214$118$29
44 years$1,043$623$357$198$107$25
45 years$1,009$594$335$183$97$22
46 years$975$566$314$169$88$19
47 years$944$541$295$156$80$17
48 years$914$516$278$144$73$14
49 years$885$493$261$133$66$13
50 years$857$471$245$123$60$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $878,000, adding $6,686 every year, while hoping to spend $57,027 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: 69/10/21 Blend
44$878,000$878,000$878,000$878,000
45$974,453$927,919$914,310$1,036,162
46$1,013,170$912,710$884,263$1,063,048
47$1,053,926$894,846$851,298$1,085,167
48$1,096,868$874,134$815,257$1,107,986
49$1,142,155$850,374$775,976$1,131,572
50$1,189,965$823,352$733,281$1,155,997
51$1,240,487$792,842$686,991$1,181,344
52$1,293,931$758,605$636,919$1,207,707
53$1,350,524$720,388$582,868$1,235,188
54$1,410,514$677,924$524,631$1,263,905
55$1,474,174$630,930$461,994$1,293,989
56$1,541,801$579,107$394,731$1,325,584
57$1,613,719$522,137$322,609$1,358,854
58$1,690,284$459,688$245,383$1,393,983
59$1,771,886$391,406$162,796$1,431,173
60$1,858,951$316,918$74,583$1,470,651
61$1,951,946$235,829$0$1,512,672
62$2,051,384$147,723$0$1,561,901
63$2,157,824$52,161$0$1,632,389
64$2,271,883$0$0$1,707,825
65$2,394,236$0$0$1,794,320
66$2,525,624$0$0$1,893,399
67$2,666,859$0$0$1,999,939
68$2,818,834$0$0$2,114,620
69$2,982,529$0$0$2,238,184
70$3,159,021$0$0$2,371,450
71$3,349,491$0$0$2,515,316
72$3,555,239$0$0$2,670,769
73$3,777,693$0$0$2,838,892
74$4,018,421$0$0$3,020,879
75$4,279,149$0$0$3,218,040
76$4,561,773$0$0$3,431,815
77$4,868,378$0$0$3,663,791
78$5,201,258$0$0$3,915,708
79$5,562,935$0$0$4,189,485
80$5,956,185$0$0$4,487,229
81$6,384,059$0$0$4,811,262
82$6,849,918$0$0$5,164,136
83$7,357,457$0$0$5,548,659
84$7,910,744$0$0$5,967,924
85$8,514,254$0$0$6,425,334
86$9,172,917$0$0$6,924,632
87$9,892,154$0$0$7,469,942
88$10,677,937$0$0$8,065,803
89$11,536,839$0$0$8,717,209
90$12,476,095$0$0$9,429,663
91$13,503,675$0$0$10,209,222
92$14,628,350$0$0$11,062,553
93$15,859,783$0$0$11,997,003
94$17,208,611$0$0$13,020,657
95$18,686,550$0$0$14,142,423
96$20,306,503$0$0$15,372,109
97$22,082,679$0$0$16,720,519
98$24,030,731$0$0$18,199,551
99$26,167,895$0$0$19,822,310
100$28,513,160$0$0$21,603,233