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%17.4%
1 years$74,321$73,659$73,013$72,383$71,767$69,609
2 years$36,793$36,107$35,443$34,799$34,175$32,019
3 years$24,285$23,597$22,934$22,296$21,682$19,596
4 years$18,032$17,346$16,690$16,063$15,464$13,463
5 years$14,281$13,599$12,952$12,338$11,755$9,846
6 years$11,782$11,105$10,467$9,867$9,302$7,485
7 years$9,997$9,326$8,698$8,112$7,565$5,840
8 years$8,659$7,994$7,377$6,805$6,276$4,643
9 years$7,619$6,960$6,354$5,796$5,285$3,742
10 years$6,787$6,135$5,539$4,997$4,503$3,048
11 years$6,108$5,462$4,877$4,348$3,873$2,503
12 years$5,541$4,902$4,328$3,814$3,356$2,069
13 years$5,063$4,430$3,867$3,367$2,927$1,719
14 years$4,653$4,027$3,474$2,989$2,565$1,434
15 years$4,298$3,679$3,137$2,666$2,259$1,200
16 years$3,987$3,375$2,844$2,387$1,996$1,007
17 years$3,714$3,108$2,588$2,145$1,770$848
18 years$3,471$2,872$2,362$1,933$1,574$715
19 years$3,254$2,662$2,163$1,746$1,403$603
20 years$3,059$2,474$1,985$1,582$1,253$510
21 years$2,883$2,304$1,826$1,436$1,121$432
22 years$2,722$2,151$1,683$1,305$1,005$366
23 years$2,577$2,012$1,554$1,189$902$310
24 years$2,443$1,885$1,437$1,084$811$263
25 years$2,320$1,769$1,331$990$730$224
26 years$2,207$1,662$1,234$905$657$190
27 years$2,103$1,564$1,146$829$593$161
28 years$2,006$1,474$1,065$759$535$137
29 years$1,916$1,391$991$696$483$117
30 years$1,832$1,313$924$639$436$99
31 years$1,754$1,242$861$587$394$84
32 years$1,680$1,175$803$539$357$72
33 years$1,612$1,113$750$496$323$61
34 years$1,547$1,054$701$456$292$52
35 years$1,487$1,000$655$420$265$44
36 years$1,429$949$613$387$240$38
37 years$1,375$902$574$356$217$32
38 years$1,324$857$537$329$197$27
39 years$1,276$815$503$303$179$23
40 years$1,230$775$472$279$162$20
41 years$1,187$738$442$258$147$17
42 years$1,146$703$415$238$133$14
43 years$1,107$670$389$220$121$12
44 years$1,069$638$366$203$110$10
45 years$1,034$609$343$187$100$9
46 years$1,000$581$322$173$91$8
47 years$968$554$303$160$82$6
48 years$937$529$285$148$75$5
49 years$907$505$267$136$68$5
50 years$879$482$251$126$62$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $900,000, adding $5,620 every year, while hoping to spend $31,986 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: 57/34/9 Blend
44$900,000$900,000$900,000$900,000
45$997,597$949,897$935,947$1,052,027
46$1,065,319$962,409$933,268$1,101,879
47$1,138,877$974,462$929,428$1,152,108
48$1,218,831$986,000$924,353$1,206,060
49$1,305,801$996,963$917,968$1,264,094
50$1,400,465$1,007,286$910,192$1,326,606
51$1,503,571$1,016,902$900,942$1,394,035
52$1,615,941$1,025,736$890,130$1,466,862
53$1,738,483$1,033,713$877,664$1,545,621
54$1,872,191$1,040,748$863,449$1,630,899
55$2,018,164$1,046,754$847,384$1,723,346
56$2,177,609$1,051,637$829,364$1,823,675
57$2,351,856$1,055,298$809,278$1,932,677
58$2,542,368$1,057,630$787,011$2,051,223
59$2,750,756$1,058,521$762,443$2,180,274
60$2,978,796$1,057,851$735,448$2,320,890
61$3,228,441$1,055,494$705,893$2,474,241
62$3,501,843$1,051,314$673,641$2,641,618
63$3,801,371$1,045,168$638,548$2,824,444
64$4,129,634$1,036,905$600,463$3,024,291
65$4,489,507$1,026,363$559,229$3,242,892
66$4,884,154$1,013,373$514,681$3,482,159
67$5,317,062$997,752$466,647$3,744,202
68$5,792,070$979,310$414,947$4,031,348
69$6,313,409$957,843$359,395$4,346,163
70$6,885,736$933,137$299,794$4,691,479
71$7,514,183$904,963$235,940$5,070,419
72$8,204,405$873,081$167,619$5,486,430
73$8,962,628$837,236$94,608$5,943,312
74$9,795,713$797,158$16,674$6,445,255
75$10,711,218$752,561$0$6,996,884
76$11,717,469$703,143$0$7,609,682
77$12,823,639$648,586$0$8,285,013
78$14,039,836$588,552$0$9,027,500
79$15,377,192$522,683$0$9,844,010
80$16,847,975$450,604$0$10,742,115
81$18,465,700$371,916$0$11,730,161
82$20,245,260$286,198$0$12,817,353
83$22,203,060$193,006$0$14,013,838
84$24,357,179$91,870$0$15,330,804
85$26,727,534$0$0$16,780,584
86$29,336,072$0$0$18,383,403
87$32,206,974$0$0$20,185,354
88$35,366,885$0$0$22,168,798
89$38,845,163$0$0$24,352,177
90$42,674,158$0$0$26,755,809
91$46,889,513$0$0$29,402,082
92$51,530,506$0$0$32,315,666
93$56,640,416$0$0$35,523,745
94$62,266,932$0$0$39,056,271
95$68,462,601$0$0$42,946,253
96$75,285,329$0$0$47,230,059
97$82,798,921$0$0$51,947,767
98$91,073,685$0$0$57,143,539
99$100,187,098$0$0$62,866,038
100$110,224,531$0$0$69,168,888