Can I retire at age 45 with 900,000?

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 $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%16.5%
1 years$74,321$73,659$73,013$72,383$71,767$69,862
2 years$36,793$36,107$35,443$34,799$34,175$32,269
3 years$24,285$23,597$22,934$22,296$21,682$19,835
4 years$18,032$17,346$16,690$16,063$15,464$13,689
5 years$14,281$13,599$12,952$12,338$11,755$10,059
6 years$11,782$11,105$10,467$9,867$9,302$7,684
7 years$9,997$9,326$8,698$8,112$7,565$6,027
8 years$8,659$7,994$7,377$6,805$6,276$4,817
9 years$7,619$6,960$6,354$5,796$5,285$3,904
10 years$6,787$6,135$5,539$4,997$4,503$3,197
11 years$6,108$5,462$4,877$4,348$3,873$2,641
12 years$5,541$4,902$4,328$3,814$3,356$2,195
13 years$5,063$4,430$3,867$3,367$2,927$1,835
14 years$4,653$4,027$3,474$2,989$2,565$1,540
15 years$4,298$3,679$3,137$2,666$2,259$1,298
16 years$3,987$3,375$2,844$2,387$1,996$1,096
17 years$3,714$3,108$2,588$2,145$1,770$929
18 years$3,471$2,872$2,362$1,933$1,574$788
19 years$3,254$2,662$2,163$1,746$1,403$670
20 years$3,059$2,474$1,985$1,582$1,253$570
21 years$2,883$2,304$1,826$1,436$1,121$486
22 years$2,722$2,151$1,683$1,305$1,005$415
23 years$2,577$2,012$1,554$1,189$902$354
24 years$2,443$1,885$1,437$1,084$811$303
25 years$2,320$1,769$1,331$990$730$259
26 years$2,207$1,662$1,234$905$657$222
27 years$2,103$1,564$1,146$829$593$190
28 years$2,006$1,474$1,065$759$535$162
29 years$1,916$1,391$991$696$483$139
30 years$1,832$1,313$924$639$436$119
31 years$1,754$1,242$861$587$394$102
32 years$1,680$1,175$803$539$357$88
33 years$1,612$1,113$750$496$323$75
34 years$1,547$1,054$701$456$292$64
35 years$1,487$1,000$655$420$265$55
36 years$1,429$949$613$387$240$47
37 years$1,375$902$574$356$217$41
38 years$1,324$857$537$329$197$35
39 years$1,276$815$503$303$179$30
40 years$1,230$775$472$279$162$26
41 years$1,187$738$442$258$147$22
42 years$1,146$703$415$238$133$19
43 years$1,107$670$389$220$121$16
44 years$1,069$638$366$203$110$14
45 years$1,034$609$343$187$100$12
46 years$1,000$581$322$173$91$10
47 years$968$554$303$160$82$9
48 years$937$529$285$148$75$8
49 years$907$505$267$136$68$6
50 years$879$482$251$126$62$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $900,000, adding $4,491 every year, while hoping to spend $31,434 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: 76/11/13 Blend
44$900,000$900,000$900,000$900,000
45$996,432$948,732$934,782$1,069,195
46$1,064,623$961,775$932,652$1,130,847
47$1,138,716$974,403$929,397$1,194,013
48$1,219,279$986,563$924,946$1,262,386
49$1,306,938$998,198$919,225$1,336,475
50$1,402,383$1,009,246$912,156$1,416,838
51$1,506,371$1,019,644$903,657$1,504,091
52$1,619,734$1,029,320$893,644$1,598,914
53$1,743,392$1,038,202$882,026$1,702,055
54$1,878,354$1,046,210$868,710$1,814,338
55$2,025,732$1,053,260$853,598$1,936,671
56$2,186,750$1,059,263$836,586$2,070,055
57$2,362,755$1,064,123$817,569$2,215,594
58$2,555,231$1,067,740$796,432$2,374,503
59$2,765,811$1,070,005$773,058$2,548,122
60$2,996,293$1,070,805$747,325$2,737,928
61$3,248,657$1,070,017$719,103$2,945,548
62$3,525,086$1,067,514$688,259$3,172,775
63$3,827,980$1,063,157$654,651$3,421,588
64$4,159,984$1,056,801$618,131$3,694,164
65$4,524,011$1,048,294$578,548$3,992,904
66$4,923,270$1,037,470$535,739$4,320,457
67$5,361,294$1,024,156$489,537$4,679,738
68$5,841,976$1,008,170$439,766$5,073,963
69$6,369,603$989,316$386,244$5,506,677
70$6,948,898$967,388$328,779$5,981,785
71$7,585,064$942,168$267,171$6,503,592
72$8,283,830$913,424$201,211$7,076,844
73$9,051,512$880,913$130,682$7,706,771
74$9,895,063$844,374$55,357$8,399,138
75$10,822,145$803,535$0$9,160,298
76$11,841,200$758,104$0$10,000,726
77$12,961,527$707,776$0$10,933,089
78$14,193,372$652,226$0$11,958,245
79$15,548,024$591,113$0$13,085,606
80$17,037,918$524,073$0$14,325,549
81$18,676,756$450,724$0$15,689,503
82$20,479,637$370,661$0$17,190,066
83$22,463,195$283,457$0$18,841,121
84$24,645,756$188,662$0$20,657,965
85$27,047,514$85,798$0$22,657,455
86$29,690,721$0$0$24,858,169
87$32,599,892$0$0$27,283,680
88$35,802,041$0$0$29,964,934
89$39,326,934$0$0$32,916,472
90$43,207,367$0$0$36,165,763
91$47,479,482$0$0$39,743,075
92$52,183,098$0$0$43,681,756
93$57,362,095$0$0$48,018,557
94$63,064,824$0$0$52,793,971
95$69,344,564$0$0$58,052,620
96$76,260,021$0$0$63,843,671
97$83,875,887$0$0$70,221,305
98$92,263,448$0$0$77,245,223
99$101,501,256$0$0$84,981,212
100$111,675,868$0$0$93,501,768