Can I retire at age 45 with 887,000?

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 $887,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$73,248$72,595$71,959$71,337$70,731$68,659
2 years$36,261$35,586$34,931$34,297$33,681$31,611
3 years$23,934$23,256$22,603$21,974$21,369$19,365
4 years$17,772$17,095$16,449$15,831$15,240$13,318
5 years$14,075$13,403$12,765$12,160$11,585$9,750
6 years$11,612$10,945$10,316$9,724$9,167$7,420
7 years$9,853$9,191$8,573$7,995$7,455$5,796
8 years$8,534$7,879$7,270$6,707$6,185$4,613
9 years$7,509$6,860$6,262$5,713$5,209$3,723
10 years$6,689$6,047$5,459$4,924$4,438$3,036
11 years$6,019$5,383$4,806$4,286$3,817$2,496
12 years$5,461$4,831$4,265$3,759$3,308$2,066
13 years$4,990$4,366$3,811$3,319$2,884$1,719
14 years$4,585$3,969$3,424$2,946$2,528$1,436
15 years$4,236$3,625$3,092$2,627$2,226$1,204
16 years$3,930$3,326$2,803$2,352$1,967$1,012
17 years$3,660$3,063$2,551$2,114$1,745$853
18 years$3,421$2,831$2,328$1,905$1,551$720
19 years$3,207$2,623$2,131$1,721$1,383$609
20 years$3,015$2,438$1,956$1,559$1,235$516
21 years$2,841$2,271$1,799$1,415$1,105$437
22 years$2,683$2,120$1,658$1,286$991$371
23 years$2,539$1,983$1,531$1,172$889$315
24 years$2,408$1,857$1,416$1,068$799$268
25 years$2,287$1,743$1,312$976$719$228
26 years$2,175$1,638$1,216$892$648$194
27 years$2,072$1,542$1,130$817$584$165
28 years$1,977$1,453$1,050$748$527$140
29 years$1,888$1,371$977$686$476$120
30 years$1,806$1,294$910$630$430$102
31 years$1,728$1,224$849$578$389$87
32 years$1,656$1,158$792$532$352$74
33 years$1,588$1,096$739$489$318$63
34 years$1,525$1,039$691$450$288$54
35 years$1,465$986$646$414$261$46
36 years$1,409$936$604$381$236$39
37 years$1,356$889$565$351$214$33
38 years$1,305$844$529$324$194$28
39 years$1,258$803$496$299$176$24
40 years$1,213$764$465$275$160$21
41 years$1,170$727$436$254$145$18
42 years$1,129$693$409$234$132$15
43 years$1,091$660$384$216$119$13
44 years$1,054$629$360$200$108$11
45 years$1,019$600$338$185$98$9
46 years$985$572$318$170$89$8
47 years$954$546$298$158$81$7
48 years$923$521$280$146$74$6
49 years$894$498$264$135$67$5
50 years$866$476$248$124$61$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $887,000, adding $3,758 every year, while hoping to spend $51,562 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: 45/43/12 Blend
44$887,000$887,000$887,000$887,000
45$981,350$934,339$920,591$1,022,001
46$1,026,587$925,260$896,569$1,041,529
47$1,074,709$914,008$870,014$1,057,146
48$1,125,957$900,423$840,788$1,072,934
49$1,180,593$884,332$808,743$1,088,927
50$1,238,906$865,557$773,728$1,105,167
51$1,301,210$843,905$735,584$1,121,706
52$1,367,852$819,174$694,144$1,138,602
53$1,439,209$791,150$649,234$1,155,925
54$1,515,698$759,606$600,673$1,173,757
55$1,597,773$724,301$548,270$1,192,191
56$1,685,936$684,982$491,827$1,211,337
57$1,780,735$641,379$431,136$1,231,321
58$1,882,772$593,209$365,982$1,252,285
59$1,992,710$540,172$296,137$1,274,396
60$2,111,276$481,949$221,367$1,297,841
61$2,239,267$418,206$141,424$1,322,834
62$2,377,562$348,587$56,051$1,349,618
63$2,527,124$272,719$0$1,378,471
64$2,689,013$190,205$0$1,414,193
65$2,864,396$100,628$0$1,460,600
66$3,054,552$3,547$0$1,510,942
67$3,260,890$0$0$1,565,709
68$3,484,960$0$0$1,673,477
69$3,728,467$0$0$1,792,508
70$3,993,285$0$0$1,922,053
71$4,281,476$0$0$2,063,133
72$4,595,310$0$0$2,216,872
73$4,937,285$0$0$2,384,506
74$5,310,148$0$0$2,567,397
75$5,716,925$0$0$2,767,042
76$6,160,946$0$0$2,985,090
77$6,645,875$0$0$3,223,357
78$7,175,747$0$0$3,483,842
79$7,755,003$0$0$3,768,745
80$8,388,535$0$0$4,080,489
81$9,081,726$0$0$4,421,742
82$9,840,506$0$0$4,795,442
83$10,671,403$0$0$5,204,823
84$11,581,607$0$0$5,653,449
85$12,579,037$0$0$6,145,243
86$13,672,412$0$0$6,684,528
87$14,871,336$0$0$7,276,062
88$16,186,386$0$0$7,925,089
89$17,629,215$0$0$8,637,383
90$19,212,654$0$0$9,419,304
91$20,950,840$0$0$10,277,861
92$22,859,343$0$0$11,220,770
93$24,955,316$0$0$12,256,535
94$27,257,655$0$0$13,394,523
95$29,787,174$0$0$14,645,051
96$32,566,806$0$0$16,019,488
97$35,621,812$0$0$17,530,359
98$38,980,024$0$0$19,191,459
99$42,672,105$0$0$21,017,992
100$46,731,835$0$0$23,026,705