Can I retire at age 45 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$74,321$73,659$73,013$72,383$71,767$70,032
2 years$36,793$36,107$35,443$34,799$34,175$32,437
3 years$24,285$23,597$22,934$22,296$21,682$19,996
4 years$18,032$17,346$16,690$16,063$15,464$13,843
5 years$14,281$13,599$12,952$12,338$11,755$10,204
6 years$11,782$11,105$10,467$9,867$9,302$7,821
7 years$9,997$9,326$8,698$8,112$7,565$6,155
8 years$8,659$7,994$7,377$6,805$6,276$4,936
9 years$7,619$6,960$6,354$5,796$5,285$4,015
10 years$6,787$6,135$5,539$4,997$4,503$3,301
11 years$6,108$5,462$4,877$4,348$3,873$2,737
12 years$5,541$4,902$4,328$3,814$3,356$2,284
13 years$5,063$4,430$3,867$3,367$2,927$1,917
14 years$4,653$4,027$3,474$2,989$2,565$1,616
15 years$4,298$3,679$3,137$2,666$2,259$1,367
16 years$3,987$3,375$2,844$2,387$1,996$1,160
17 years$3,714$3,108$2,588$2,145$1,770$987
18 years$3,471$2,872$2,362$1,933$1,574$841
19 years$3,254$2,662$2,163$1,746$1,403$718
20 years$3,059$2,474$1,985$1,582$1,253$614
21 years$2,883$2,304$1,826$1,436$1,121$526
22 years$2,722$2,151$1,683$1,305$1,005$451
23 years$2,577$2,012$1,554$1,189$902$387
24 years$2,443$1,885$1,437$1,084$811$332
25 years$2,320$1,769$1,331$990$730$285
26 years$2,207$1,662$1,234$905$657$245
27 years$2,103$1,564$1,146$829$593$211
28 years$2,006$1,474$1,065$759$535$182
29 years$1,916$1,391$991$696$483$156
30 years$1,832$1,313$924$639$436$135
31 years$1,754$1,242$861$587$394$116
32 years$1,680$1,175$803$539$357$100
33 years$1,612$1,113$750$496$323$86
34 years$1,547$1,054$701$456$292$74
35 years$1,487$1,000$655$420$265$64
36 years$1,429$949$613$387$240$55
37 years$1,375$902$574$356$217$48
38 years$1,324$857$537$329$197$41
39 years$1,276$815$503$303$179$35
40 years$1,230$775$472$279$162$31
41 years$1,187$738$442$258$147$26
42 years$1,146$703$415$238$133$23
43 years$1,107$670$389$220$121$20
44 years$1,069$638$366$203$110$17
45 years$1,034$609$343$187$100$15
46 years$1,000$581$322$173$91$13
47 years$968$554$303$160$82$11
48 years$937$529$285$148$75$9
49 years$907$505$267$136$68$8
50 years$879$482$251$126$62$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $900,000, adding $6,099 every year, while hoping to spend $42,221 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: 67/12/21 Blend
44$900,000$900,000$900,000$900,000
45$998,091$950,391$936,441$1,059,295
46$1,054,974$952,037$922,889$1,102,721
47$1,116,243$952,349$907,468$1,144,766
48$1,182,302$951,217$890,071$1,189,741
49$1,253,594$948,523$870,585$1,237,932
50$1,330,604$944,145$848,893$1,289,659
51$1,413,868$937,950$824,873$1,345,273
52$1,503,972$929,799$798,396$1,405,162
53$1,601,562$919,544$769,327$1,469,755
54$1,707,348$907,028$737,526$1,539,527
55$1,822,110$892,086$702,846$1,615,001
56$1,946,708$874,541$665,134$1,696,755
57$2,082,085$854,206$624,229$1,785,428
58$2,229,281$830,884$579,963$1,881,727
59$2,389,437$804,367$532,161$1,986,431
60$2,563,811$774,433$480,640$2,100,400
61$2,753,787$740,847$425,209$2,224,586
62$2,960,887$703,363$365,667$2,360,038
63$3,186,787$661,717$301,807$2,507,916
64$3,433,331$615,633$233,409$2,669,499
65$3,702,550$564,818$160,248$2,846,200
66$3,996,678$508,963$82,084$3,039,578
67$4,318,177$447,739$0$3,251,357
68$4,669,753$380,801$0$3,483,733
69$5,054,391$307,783$0$3,758,155
70$5,475,375$228,300$0$4,058,587
71$5,936,320$141,944$0$4,387,646
72$6,441,208$48,283$0$4,748,218
73$6,994,426$0$0$5,143,484
74$7,600,803$0$0$5,583,965
75$8,265,658$0$0$6,073,972
76$8,994,850$0$0$6,611,453
77$9,794,831$0$0$7,201,172
78$10,672,709$0$0$7,848,377
79$11,636,314$0$0$8,558,845
80$12,694,268$0$0$9,338,945
81$13,856,072$0$0$10,195,688
82$15,132,189$0$0$11,136,800
83$16,534,149$0$0$12,170,793
84$18,074,651$0$0$13,307,040
85$19,767,685$0$0$14,555,872
86$21,628,666$0$0$15,928,667
87$23,674,574$0$0$17,437,963
88$25,924,118$0$0$19,097,571
89$28,397,909$0$0$20,922,708
90$31,118,658$0$0$22,930,140
91$34,111,384$0$0$25,138,340
92$37,403,655$0$0$27,567,660
93$41,025,844$0$0$30,240,525
94$45,011,417$0$0$33,181,643
95$49,397,248$0$0$36,418,237
96$54,223,966$0$0$39,980,303
97$59,536,338$0$0$43,900,894
98$65,383,689$0$0$48,216,427
99$71,820,372$0$0$52,967,030
100$78,906,274$0$0$58,196,919