Can I retire at age 45 with 883,000?

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 $883,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$72,917$72,268$71,634$71,016$70,412$68,240
2 years$36,098$35,425$34,774$34,142$33,529$31,360
3 years$23,826$23,151$22,501$21,875$21,272$19,174
4 years$17,691$17,018$16,375$15,760$15,172$13,160
5 years$14,012$13,343$12,708$12,105$11,533$9,614
6 years$11,559$10,895$10,270$9,681$9,126$7,301
7 years$9,808$9,150$8,534$7,959$7,422$5,690
8 years$8,496$7,843$7,238$6,677$6,157$4,518
9 years$7,475$6,829$6,234$5,687$5,185$3,637
10 years$6,659$6,019$5,435$4,902$4,418$2,959
11 years$5,992$5,359$4,785$4,266$3,800$2,427
12 years$5,437$4,810$4,246$3,742$3,293$2,003
13 years$4,967$4,346$3,794$3,304$2,871$1,662
14 years$4,565$3,951$3,409$2,933$2,517$1,384
15 years$4,216$3,609$3,078$2,615$2,216$1,157
16 years$3,912$3,311$2,790$2,342$1,959$970
17 years$3,644$3,050$2,539$2,104$1,737$815
18 years$3,405$2,818$2,318$1,896$1,544$686
19 years$3,192$2,612$2,122$1,713$1,376$578
20 years$3,001$2,427$1,947$1,552$1,229$488
21 years$2,828$2,261$1,791$1,408$1,100$413
22 years$2,671$2,110$1,651$1,281$986$349
23 years$2,528$1,974$1,524$1,166$885$296
24 years$2,397$1,849$1,410$1,064$796$250
25 years$2,277$1,735$1,306$971$716$212
26 years$2,166$1,631$1,211$888$645$180
27 years$2,063$1,535$1,124$813$581$153
28 years$1,968$1,446$1,045$745$525$130
29 years$1,880$1,364$973$683$474$110
30 years$1,797$1,289$906$627$428$93
31 years$1,721$1,218$845$576$387$79
32 years$1,649$1,153$788$529$350$67
33 years$1,581$1,092$736$487$317$57
34 years$1,518$1,034$688$448$287$49
35 years$1,459$981$643$412$260$41
36 years$1,402$931$601$380$235$35
37 years$1,349$885$563$350$213$30
38 years$1,299$841$527$322$193$25
39 years$1,252$799$494$297$175$22
40 years$1,207$761$463$274$159$18
41 years$1,165$724$434$253$144$16
42 years$1,124$689$407$233$131$13
43 years$1,086$657$382$215$119$11
44 years$1,049$626$359$199$108$10
45 years$1,014$597$337$184$98$8
46 years$981$570$316$170$89$7
47 years$949$544$297$157$81$6
48 years$919$519$279$145$73$5
49 years$890$496$262$134$67$4
50 years$862$473$247$124$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $883,000, adding $3,031 every year, while hoping to spend $54,631 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: 67/22/11 Blend
44$883,000$883,000$883,000$883,000
45$976,192$929,393$915,707$1,039,091
46$1,017,637$916,807$888,256$1,068,737
47$1,061,478$901,772$858,055$1,094,356
48$1,107,902$884,113$824,953$1,120,950
49$1,157,114$863,639$788,794$1,148,610
50$1,209,335$840,153$749,414$1,177,437
51$1,264,810$813,444$706,643$1,207,541
52$1,323,805$783,287$660,300$1,239,049
53$1,386,612$749,447$610,199$1,272,100
54$1,453,551$711,674$556,145$1,306,849
55$1,524,971$669,704$497,934$1,343,472
56$1,601,255$623,257$435,351$1,382,162
57$1,682,823$572,037$368,176$1,423,137
58$1,770,136$515,731$296,175$1,466,637
59$1,863,699$454,011$219,105$1,512,932
60$1,964,064$386,525$136,713$1,562,322
61$2,071,840$312,906$48,735$1,615,140
62$2,187,694$232,765$0$1,671,757
63$2,312,357$145,689$0$1,737,886
64$2,446,634$51,244$0$1,815,137
65$2,591,407$0$0$1,898,327
66$2,747,646$0$0$2,000,416
67$2,916,417$0$0$2,124,135
68$3,098,891$0$0$2,257,944
69$3,296,354$0$0$2,402,791
70$3,510,223$0$0$2,559,721
71$3,742,051$0$0$2,729,881
72$3,993,550$0$0$2,914,532
73$4,266,601$0$0$3,115,064
74$4,563,273$0$0$3,333,002
75$4,885,843$0$0$3,570,026
76$5,236,813$0$0$3,827,984
77$5,618,940$0$0$4,108,909
78$6,035,255$0$0$4,415,038
79$6,489,094$0$0$4,748,833
80$6,984,130$0$0$5,113,004
81$7,524,403$0$0$5,510,534
82$8,114,363$0$0$5,944,707
83$8,758,907$0$0$6,419,136
84$9,463,426$0$0$6,937,801
85$10,233,855$0$0$7,505,083
86$11,076,731$0$0$8,125,806
87$11,999,250$0$0$8,805,282
88$13,009,335$0$0$9,549,359
89$14,115,713$0$0$10,364,480
90$15,327,993$0$0$11,257,737
91$16,656,760$0$0$12,236,943
92$18,113,667$0$0$13,310,702
93$19,711,554$0$0$14,488,490
94$21,464,559$0$0$15,780,746
95$23,388,257$0$0$17,198,966
96$25,499,803$0$0$18,755,815
97$27,818,095$0$0$20,465,244
98$30,363,947$0$0$22,342,618
99$33,160,291$0$0$24,404,868
100$36,232,388$0$0$26,670,640