Can I retire at age 45 with 899,000?

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 $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%18.1%
1 years$74,239$73,577$72,932$72,302$71,688$69,337
2 years$36,752$36,067$35,404$34,761$34,137$31,792
3 years$24,258$23,570$22,909$22,272$21,658$19,391
4 years$18,012$17,327$16,672$16,045$15,447$13,275
5 years$14,266$13,584$12,938$12,324$11,742$9,673
6 years$11,769$11,093$10,456$9,856$9,291$7,325
7 years$9,986$9,316$8,689$8,103$7,556$5,693
8 years$8,650$7,985$7,369$6,797$6,269$4,507
9 years$7,611$6,953$6,347$5,790$5,279$3,617
10 years$6,780$6,128$5,533$4,991$4,498$2,933
11 years$6,101$5,456$4,871$4,344$3,868$2,398
12 years$5,535$4,897$4,323$3,810$3,352$1,973
13 years$5,057$4,425$3,862$3,364$2,923$1,631
14 years$4,647$4,022$3,470$2,986$2,563$1,354
15 years$4,293$3,675$3,133$2,663$2,256$1,128
16 years$3,983$3,371$2,841$2,384$1,994$942
17 years$3,710$3,105$2,585$2,142$1,768$789
18 years$3,467$2,869$2,360$1,931$1,572$661
19 years$3,250$2,659$2,160$1,744$1,401$556
20 years$3,055$2,471$1,983$1,580$1,252$467
21 years$2,879$2,302$1,824$1,434$1,120$393
22 years$2,719$2,148$1,681$1,304$1,004$331
23 years$2,574$2,009$1,552$1,187$901$280
24 years$2,440$1,883$1,435$1,083$810$236
25 years$2,318$1,767$1,329$989$729$199
26 years$2,205$1,660$1,233$904$657$168
27 years$2,100$1,563$1,145$828$592$142
28 years$2,004$1,473$1,064$758$534$120
29 years$1,914$1,389$990$695$482$102
30 years$1,830$1,312$923$638$436$86
31 years$1,752$1,240$860$586$394$73
32 years$1,679$1,173$802$539$356$61
33 years$1,610$1,111$749$495$323$52
34 years$1,546$1,053$700$456$292$44
35 years$1,485$999$654$420$265$37
36 years$1,428$948$612$386$240$32
37 years$1,374$901$573$356$217$27
38 years$1,323$856$537$328$197$23
39 years$1,275$814$503$303$179$19
40 years$1,229$774$471$279$162$16
41 years$1,186$737$442$258$147$14
42 years$1,145$702$415$238$133$12
43 years$1,105$669$389$219$121$10
44 years$1,068$638$365$203$110$8
45 years$1,033$608$343$187$100$7
46 years$999$580$322$173$91$6
47 years$966$553$302$160$82$5
48 years$936$528$284$148$75$4
49 years$906$505$267$136$68$4
50 years$878$482$251$126$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $899,000, adding $5,901 every year, while hoping to spend $48,217 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: 47/38/15 Blend
44$899,000$899,000$899,000$899,000
45$996,785$949,138$935,203$1,039,164
46$1,047,154$944,343$915,230$1,064,353
47$1,101,046$937,697$892,972$1,086,282
48$1,158,767$929,059$868,301$1,109,029
49$1,220,656$918,278$841,084$1,132,690
50$1,287,085$905,195$811,182$1,157,372
51$1,358,459$889,642$778,448$1,183,197
52$1,435,227$871,439$742,731$1,210,300
53$1,517,878$850,398$703,871$1,238,836
54$1,606,952$826,318$661,701$1,268,979
55$1,703,041$798,987$616,048$1,300,923
56$1,806,794$768,180$566,728$1,334,888
57$1,918,927$733,661$513,553$1,371,120
58$2,040,223$695,176$456,324$1,409,894
59$2,171,548$652,461$394,832$1,451,521
60$2,313,849$605,235$328,862$1,496,345
61$2,468,170$553,200$258,187$1,544,754
62$2,635,658$496,042$182,572$1,597,181
63$2,817,576$433,429$101,769$1,654,108
64$3,015,312$365,010$15,521$1,716,075
65$3,230,393$290,414$0$1,783,685
66$3,464,498$209,250$0$1,869,854
67$3,719,478$121,104$0$1,966,530
68$3,997,365$25,539$0$2,072,107
69$4,300,400$0$0$2,187,559
70$4,631,047$0$0$2,346,545
71$4,992,018$0$0$2,531,866
72$5,386,299$0$0$2,734,388
73$5,817,177$0$0$2,955,813
74$6,288,271$0$0$3,198,011
75$6,803,565$0$0$3,463,046
76$7,367,447$0$0$3,753,189
77$7,984,748$0$0$4,070,938
78$8,660,786$0$0$4,419,048
79$9,401,421$0$0$4,800,551
80$10,213,103$0$0$5,218,785
81$11,102,939$0$0$5,677,430
82$12,078,752$0$0$6,180,537
83$13,149,163$0$0$6,732,566
84$14,323,664$0$0$7,338,433
85$15,612,714$0$0$8,003,552
86$17,027,829$0$0$8,733,885
87$18,581,699$0$0$9,536,003
88$20,288,300$0$0$10,417,142
89$22,163,029$0$0$11,385,273
90$24,222,848$0$0$12,449,180
91$26,486,443$0$0$13,618,537
92$28,974,401$0$0$14,904,004
93$31,709,399$0$0$16,317,325
94$34,716,425$0$0$17,871,437
95$38,023,007$0$0$19,580,596
96$41,659,473$0$0$21,460,507
97$45,659,240$0$0$23,528,473
98$50,059,124$0$0$25,803,561
99$54,899,689$0$0$28,306,775
100$60,225,630$0$0$31,061,262