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%12%
1 years$74,321$73,659$73,013$72,383$71,767$71,166
2 years$36,793$36,107$35,443$34,799$34,175$33,569
3 years$24,285$23,597$22,934$22,296$21,682$21,090
4 years$18,032$17,346$16,690$16,063$15,464$14,890
5 years$14,281$13,599$12,952$12,338$11,755$11,202
6 years$11,782$11,105$10,467$9,867$9,302$8,769
7 years$9,997$9,326$8,698$8,112$7,565$7,054
8 years$8,659$7,994$7,377$6,805$6,276$5,786
9 years$7,619$6,960$6,354$5,796$5,285$4,816
10 years$6,787$6,135$5,539$4,997$4,503$4,055
11 years$6,108$5,462$4,877$4,348$3,873$3,446
12 years$5,541$4,902$4,328$3,814$3,356$2,949
13 years$5,063$4,430$3,867$3,367$2,927$2,539
14 years$4,653$4,027$3,474$2,989$2,565$2,197
15 years$4,298$3,679$3,137$2,666$2,259$1,909
16 years$3,987$3,375$2,844$2,387$1,996$1,665
17 years$3,714$3,108$2,588$2,145$1,770$1,456
18 years$3,471$2,872$2,362$1,933$1,574$1,277
19 years$3,254$2,662$2,163$1,746$1,403$1,122
20 years$3,059$2,474$1,985$1,582$1,253$988
21 years$2,883$2,304$1,826$1,436$1,121$871
22 years$2,722$2,151$1,683$1,305$1,005$769
23 years$2,577$2,012$1,554$1,189$902$680
24 years$2,443$1,885$1,437$1,084$811$602
25 years$2,320$1,769$1,331$990$730$534
26 years$2,207$1,662$1,234$905$657$473
27 years$2,103$1,564$1,146$829$593$420
28 years$2,006$1,474$1,065$759$535$373
29 years$1,916$1,391$991$696$483$332
30 years$1,832$1,313$924$639$436$295
31 years$1,754$1,242$861$587$394$262
32 years$1,680$1,175$803$539$357$233
33 years$1,612$1,113$750$496$323$208
34 years$1,547$1,054$701$456$292$185
35 years$1,487$1,000$655$420$265$165
36 years$1,429$949$613$387$240$147
37 years$1,375$902$574$356$217$131
38 years$1,324$857$537$329$197$117
39 years$1,276$815$503$303$179$104
40 years$1,230$775$472$279$162$93
41 years$1,187$738$442$258$147$83
42 years$1,146$703$415$238$133$74
43 years$1,107$670$389$220$121$66
44 years$1,069$638$366$203$110$59
45 years$1,034$609$343$187$100$52
46 years$1,000$581$322$173$91$47
47 years$968$554$303$160$82$42
48 years$937$529$285$148$75$37
49 years$907$505$267$136$68$33
50 years$879$482$251$126$62$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $900,000, adding $5,714 every year, while hoping to spend $54,189 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: 33/49/18 Blend
44$900,000$900,000$900,000$900,000
45$997,694$949,994$936,044$1,024,885
46$1,041,802$938,887$909,745$1,034,372
47$1,088,593$925,420$880,748$1,039,187
48$1,138,283$909,419$848,907$1,043,228
49$1,191,110$890,702$814,067$1,046,460
50$1,247,331$869,074$776,066$1,048,847
51$1,307,230$844,331$734,736$1,050,354
52$1,371,119$816,254$689,901$1,050,950
53$1,439,337$784,614$641,376$1,050,607
54$1,512,256$749,167$588,970$1,049,300
55$1,590,286$709,656$532,479$1,047,006
56$1,673,873$665,807$471,696$1,043,710
57$1,763,510$617,334$406,399$1,039,402
58$1,859,735$563,930$336,361$1,034,079
59$1,963,140$505,275$261,341$1,027,746
60$2,074,375$441,028$181,090$1,020,418
61$2,194,151$370,828$95,347$1,012,120
62$2,323,253$294,297$3,840$1,002,893
63$2,462,540$211,033$0$992,789
64$2,612,958$120,612$0$999,898
65$2,775,544$22,586$0$1,008,249
66$2,951,439$0$0$1,017,277
67$3,141,899$0$0$1,072,212
68$3,348,303$0$0$1,145,056
69$3,572,166$0$0$1,224,180
70$3,815,157$0$0$1,310,188
71$4,079,110$0$0$1,403,744
72$4,366,043$0$0$1,505,580
73$4,678,174$0$0$1,616,502
74$5,017,948$0$0$1,737,394
75$5,388,050$0$0$1,869,231
76$5,791,438$0$0$2,013,086
77$6,231,367$0$0$2,170,140
78$6,711,418$0$0$2,341,693
79$7,235,535$0$0$2,529,175
80$7,808,057$0$0$2,734,162
81$8,433,763$0$0$2,958,389
82$9,117,914$0$0$3,203,766
83$9,866,302$0$0$3,472,395
84$10,685,303$0$0$3,766,592
85$11,581,940$0$0$4,088,907
86$12,563,947$0$0$4,442,150
87$13,639,839$0$0$4,829,413
88$14,818,994$0$0$5,254,103
89$16,111,742$0$0$5,719,972
90$17,529,458$0$0$6,231,153
91$19,084,673$0$0$6,792,198
92$20,791,186$0$0$7,408,123
93$22,664,200$0$0$8,084,450
94$24,720,459$0$0$8,827,264
95$26,978,409$0$0$9,643,269
96$29,458,368$0$0$10,539,848
97$32,182,720$0$0$11,525,137
98$35,176,123$0$0$12,608,097
99$38,465,742$0$0$13,798,603
100$42,081,505$0$0$15,107,531