Can I retire at age 45 with 899,000?

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 $899,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$74,239$73,577$72,932$72,302$71,688$68,843
2 years$36,752$36,067$35,404$34,761$34,137$31,307
3 years$24,258$23,570$22,909$22,272$21,658$18,931
4 years$18,012$17,327$16,672$16,045$15,447$12,843
5 years$14,266$13,584$12,938$12,324$11,742$9,269
6 years$11,769$11,093$10,456$9,856$9,291$6,950
7 years$9,986$9,316$8,689$8,103$7,556$5,347
8 years$8,650$7,985$7,369$6,797$6,269$4,188
9 years$7,611$6,953$6,347$5,790$5,279$3,324
10 years$6,780$6,128$5,533$4,991$4,498$2,665
11 years$6,101$5,456$4,871$4,344$3,868$2,153
12 years$5,535$4,897$4,323$3,810$3,352$1,750
13 years$5,057$4,425$3,862$3,364$2,923$1,429
14 years$4,647$4,022$3,470$2,986$2,563$1,172
15 years$4,293$3,675$3,133$2,663$2,256$964
16 years$3,983$3,371$2,841$2,384$1,994$794
17 years$3,710$3,105$2,585$2,142$1,768$656
18 years$3,467$2,869$2,360$1,931$1,572$543
19 years$3,250$2,659$2,160$1,744$1,401$450
20 years$3,055$2,471$1,983$1,580$1,252$373
21 years$2,879$2,302$1,824$1,434$1,120$310
22 years$2,719$2,148$1,681$1,304$1,004$258
23 years$2,574$2,009$1,552$1,187$901$214
24 years$2,440$1,883$1,435$1,083$810$178
25 years$2,318$1,767$1,329$989$729$148
26 years$2,205$1,660$1,233$904$657$123
27 years$2,100$1,563$1,145$828$592$103
28 years$2,004$1,473$1,064$758$534$86
29 years$1,914$1,389$990$695$482$71
30 years$1,830$1,312$923$638$436$59
31 years$1,752$1,240$860$586$394$50
32 years$1,679$1,173$802$539$356$41
33 years$1,610$1,111$749$495$323$34
34 years$1,546$1,053$700$456$292$29
35 years$1,485$999$654$420$265$24
36 years$1,428$948$612$386$240$20
37 years$1,374$901$573$356$217$17
38 years$1,323$856$537$328$197$14
39 years$1,275$814$503$303$179$12
40 years$1,229$774$471$279$162$10
41 years$1,186$737$442$258$147$8
42 years$1,145$702$415$238$133$7
43 years$1,105$669$389$219$121$6
44 years$1,068$638$365$203$110$5
45 years$1,033$608$343$187$100$4
46 years$999$580$322$173$91$3
47 years$966$553$302$160$82$3
48 years$936$528$284$148$75$2
49 years$906$505$267$136$68$2
50 years$878$482$251$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $899,000, adding $2,028 every year, while hoping to spend $37,637 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: 70/10/20 Blend
44$899,000$899,000$899,000$899,000
45$992,790$945,143$931,208$1,057,291
46$1,054,009$951,409$922,358$1,106,841
47$1,120,211$956,722$911,950$1,156,419
48$1,191,864$960,993$899,893$1,209,757
49$1,269,484$964,131$886,089$1,267,220
50$1,353,637$966,039$870,438$1,329,216
51$1,444,945$966,612$852,835$1,396,191
52$1,544,094$965,741$833,169$1,468,640
53$1,651,837$963,307$811,325$1,547,108
54$1,769,001$959,186$787,182$1,632,197
55$1,896,500$953,247$760,614$1,724,569
56$2,035,337$945,350$731,488$1,824,957
57$2,186,614$935,345$699,666$1,934,168
58$2,351,548$923,076$665,004$2,053,093
59$2,531,475$908,375$627,350$2,182,716
60$2,727,866$891,067$586,547$2,324,119
61$2,942,342$870,962$542,430$2,478,499
62$3,176,686$847,865$494,826$2,647,176
63$3,432,861$821,563$443,556$2,831,605
64$3,713,028$791,835$388,431$3,033,391
65$4,019,568$758,447$329,255$3,254,305
66$4,355,102$721,148$265,822$3,496,300
67$4,722,514$679,676$197,919$3,761,530
68$5,124,983$633,753$125,322$4,052,372
69$5,566,008$583,083$47,797$4,371,447
70$6,049,443$527,357$0$4,721,643
71$6,579,533$466,244$0$5,113,605
72$7,160,954$399,398$0$5,554,762
73$7,798,854$326,451$0$6,038,836
74$8,498,905$247,016$0$6,570,163
75$9,267,356$160,682$0$7,153,517
76$10,111,088$67,017$0$7,794,163
77$11,037,682$0$0$8,497,900
78$12,055,490$0$0$9,274,908
79$13,173,710$0$0$10,136,725
80$14,402,479$0$0$11,083,795
81$15,752,962$0$0$12,124,729
82$17,237,458$0$0$13,269,016
83$18,869,521$0$0$14,527,109
84$20,664,080$0$0$15,910,523
85$22,637,585$0$0$17,431,948
86$24,808,159$0$0$19,105,362
87$27,195,770$0$0$20,946,168
88$29,822,419$0$0$22,971,337
89$32,712,345$0$0$25,199,565
90$35,892,257$0$0$27,651,455
91$39,391,583$0$0$30,349,706
92$43,242,746$0$0$33,319,329
93$47,481,475$0$0$36,587,884
94$52,147,136$0$0$40,185,735
95$57,283,104$0$0$44,146,343
96$62,937,174$0$0$48,506,575
97$69,162,013$0$0$53,307,056
98$76,015,651$0$0$58,592,550
99$83,562,031$0$0$64,412,381
100$91,871,615$0$0$70,820,902