Can I retire at age 45 with 884,000?

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 $884,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$73,000$72,350$71,715$71,096$70,491$67,855
2 years$36,139$35,466$34,813$34,181$33,567$30,942
3 years$23,853$23,177$22,526$21,900$21,296$18,764
4 years$17,712$17,038$16,393$15,778$15,189$12,769
5 years$14,028$13,358$12,722$12,119$11,546$9,245
6 years$11,572$10,908$10,281$9,691$9,136$6,955
7 years$9,819$9,160$8,544$7,968$7,430$5,369
8 years$8,505$7,852$7,246$6,684$6,164$4,220
9 years$7,484$6,837$6,241$5,693$5,191$3,362
10 years$6,667$6,026$5,441$4,908$4,423$2,706
11 years$5,999$5,365$4,790$4,271$3,804$2,195
12 years$5,443$4,815$4,251$3,746$3,296$1,791
13 years$4,973$4,351$3,798$3,308$2,875$1,469
14 years$4,570$3,955$3,413$2,936$2,520$1,209
15 years$4,221$3,613$3,081$2,618$2,219$999
16 years$3,916$3,315$2,793$2,345$1,961$827
17 years$3,648$3,053$2,542$2,107$1,739$686
18 years$3,409$2,821$2,320$1,898$1,546$570
19 years$3,196$2,615$2,124$1,715$1,378$475
20 years$3,004$2,430$1,950$1,554$1,231$396
21 years$2,831$2,263$1,793$1,410$1,101$330
22 years$2,674$2,113$1,653$1,282$987$275
23 years$2,531$1,976$1,526$1,168$886$230
24 years$2,400$1,851$1,411$1,065$797$192
25 years$2,279$1,737$1,307$973$717$161
26 years$2,168$1,633$1,212$889$646$135
27 years$2,065$1,537$1,126$814$582$113
28 years$1,970$1,448$1,047$746$525$94
29 years$1,882$1,366$974$684$474$79
30 years$1,799$1,290$907$628$429$66
31 years$1,723$1,219$846$576$387$55
32 years$1,651$1,154$789$530$350$46
33 years$1,583$1,093$737$487$317$39
34 years$1,520$1,036$688$448$287$33
35 years$1,460$982$644$413$260$27
36 years$1,404$932$602$380$236$23
37 years$1,351$886$563$350$214$19
38 years$1,301$842$528$323$194$16
39 years$1,253$800$494$298$176$13
40 years$1,209$761$463$274$159$11
41 years$1,166$725$435$253$144$9
42 years$1,125$690$408$234$131$8
43 years$1,087$658$382$216$119$7
44 years$1,050$627$359$199$108$6
45 years$1,015$598$337$184$98$5
46 years$982$570$317$170$89$4
47 years$950$544$297$157$81$3
48 years$920$520$280$145$73$3
49 years$891$496$263$134$67$2
50 years$863$474$247$124$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $884,000, adding $5,615 every year, while hoping to spend $25,249 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: 72/17/11 Blend
44$884,000$884,000$884,000$884,000
45$979,960$933,108$919,406$1,047,968
46$1,053,051$951,965$923,341$1,112,563
47$1,132,751$970,901$926,562$1,179,615
48$1,219,708$989,891$929,018$1,252,350
49$1,314,634$1,008,911$930,656$1,331,324
50$1,418,314$1,027,935$931,420$1,417,146
51$1,531,611$1,046,933$931,251$1,510,491
52$1,655,476$1,065,873$930,089$1,612,100
53$1,790,956$1,084,723$927,869$1,722,791
54$1,939,203$1,103,444$924,522$1,843,465
55$2,101,487$1,121,998$919,979$1,975,113
56$2,279,206$1,140,343$914,165$2,118,828
57$2,473,898$1,158,433$907,003$2,275,814
58$2,687,258$1,176,218$898,410$2,447,399
59$2,921,153$1,193,648$888,301$2,635,045
60$3,177,639$1,210,665$876,588$2,840,362
61$3,458,980$1,227,209$863,175$3,065,127
62$3,767,670$1,243,217$847,966$3,311,295
63$4,106,457$1,258,619$830,858$3,581,022
64$4,478,366$1,273,342$811,742$3,876,685
65$4,886,732$1,287,308$790,507$4,200,901
66$5,335,225$1,300,432$767,035$4,556,556
67$5,827,890$1,312,626$741,204$4,946,829
68$6,369,185$1,323,795$712,884$5,375,224
69$6,964,017$1,333,836$681,941$5,845,604
70$7,617,795$1,342,642$648,235$6,362,224
71$8,336,477$1,350,099$611,618$6,929,774
72$9,126,628$1,356,084$571,936$7,553,424
73$9,995,478$1,360,466$529,031$8,238,871
74$10,950,996$1,363,108$482,732$8,992,392
75$12,001,960$1,363,863$432,866$9,820,907
76$13,158,042$1,362,574$379,250$10,732,041
77$14,429,899$1,359,077$321,691$11,734,199
78$15,829,273$1,353,195$259,991$12,836,644
79$17,369,099$1,344,742$193,941$14,049,582
80$19,063,632$1,333,520$123,324$15,384,265
81$20,928,579$1,319,319$47,911$16,853,090
82$22,981,245$1,301,916$0$18,469,722
83$25,240,698$1,281,076$0$20,253,044
84$27,727,949$1,256,549$0$22,222,080
85$30,466,150$1,228,070$0$24,389,522
86$33,480,811$1,195,359$0$26,775,561
87$36,800,041$1,158,120$0$29,402,448
88$40,454,815$1,116,037$0$32,294,702
89$44,479,263$1,068,779$0$35,479,344
90$48,910,993$1,015,995$0$38,986,152
91$53,791,447$957,311$0$42,847,941
92$59,166,291$892,336$0$47,100,874
93$65,085,845$820,652$0$51,784,801
94$71,605,557$741,820$0$56,943,641
95$78,786,531$655,376$0$62,625,792
96$86,696,095$560,828$0$68,884,587
97$95,408,446$457,658$0$75,778,803
98$105,005,340$345,316$0$83,373,213
99$115,576,873$223,225$0$91,739,198
100$127,222,324$90,772$0$100,955,420