Can I retire at age 45 with 901,000?

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 $901,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$74,404$73,741$73,094$72,463$71,847$69,381
2 years$36,834$36,148$35,483$34,838$34,213$31,753
3 years$24,312$23,623$22,960$22,321$21,706$19,330
4 years$18,052$17,365$16,709$16,081$15,481$13,207
5 years$14,297$13,615$12,967$12,352$11,768$9,603
6 years$11,795$11,117$10,479$9,878$9,312$7,256
7 years$10,008$9,336$8,708$8,121$7,573$5,627
8 years$8,669$8,003$7,385$6,813$6,283$4,444
9 years$7,628$6,968$6,361$5,803$5,291$3,558
10 years$6,795$6,142$5,546$5,002$4,508$2,878
11 years$6,114$5,468$4,882$4,353$3,877$2,347
12 years$5,548$4,908$4,333$3,818$3,360$1,925
13 years$5,068$4,435$3,871$3,371$2,930$1,588
14 years$4,658$4,031$3,478$2,993$2,568$1,314
15 years$4,302$3,683$3,140$2,669$2,261$1,092
16 years$3,992$3,379$2,847$2,390$1,999$909
17 years$3,718$3,112$2,591$2,147$1,772$759
18 years$3,475$2,875$2,365$1,935$1,576$635
19 years$3,258$2,665$2,165$1,748$1,404$531
20 years$3,062$2,476$1,987$1,583$1,254$446
21 years$2,886$2,307$1,828$1,437$1,123$374
22 years$2,726$2,153$1,685$1,307$1,006$314
23 years$2,579$2,014$1,555$1,190$903$264
24 years$2,446$1,887$1,438$1,085$812$222
25 years$2,323$1,771$1,332$991$731$187
26 years$2,210$1,664$1,236$906$658$157
27 years$2,105$1,566$1,147$830$593$133
28 years$2,008$1,476$1,067$760$535$112
29 years$1,918$1,392$993$697$483$94
30 years$1,834$1,315$925$640$437$79
31 years$1,756$1,243$862$587$395$67
32 years$1,682$1,176$804$540$357$56
33 years$1,614$1,114$751$496$323$48
34 years$1,549$1,056$702$457$293$40
35 years$1,488$1,001$656$421$265$34
36 years$1,431$950$614$387$240$29
37 years$1,377$903$574$357$218$24
38 years$1,326$858$538$329$197$20
39 years$1,278$816$504$303$179$17
40 years$1,232$776$472$280$162$14
41 years$1,188$739$443$258$147$12
42 years$1,147$704$415$238$134$10
43 years$1,108$670$390$220$121$9
44 years$1,071$639$366$203$110$7
45 years$1,035$609$344$187$100$6
46 years$1,001$581$323$173$91$5
47 years$969$555$303$160$82$4
48 years$938$530$285$148$75$4
49 years$908$506$268$137$68$3
50 years$880$483$252$126$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $901,000, adding $5,318 every year, while hoping to spend $57,137 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: 71/12/17 Blend
44$901,000$901,000$901,000$901,000
45$998,388$950,635$936,669$1,064,932
46$1,039,430$936,422$907,254$1,095,654
47$1,082,743$919,599$874,939$1,121,909
48$1,128,499$899,975$839,566$1,149,190
49$1,176,885$877,353$800,970$1,177,590
50$1,228,105$851,520$758,980$1,207,213
51$1,282,380$822,254$713,415$1,238,172
52$1,339,956$789,318$664,087$1,270,595
53$1,401,098$752,460$610,800$1,304,626
54$1,466,097$711,418$553,349$1,340,422
55$1,535,272$665,910$491,519$1,378,160
56$1,608,971$615,641$425,086$1,418,036
57$1,687,576$560,297$353,816$1,460,269
58$1,771,505$499,548$277,466$1,505,102
59$1,861,216$433,044$195,779$1,552,804
60$1,957,212$360,415$108,489$1,603,675
61$2,060,044$281,271$15,319$1,658,048
62$2,170,315$195,200$0$1,716,294
63$2,288,688$101,766$0$1,794,080
64$2,415,890$509$0$1,880,562
65$2,552,721$0$0$1,973,523
66$2,700,056$0$0$2,087,982
67$2,858,859$0$0$2,211,458
68$3,030,187$0$0$2,344,709
69$3,215,201$0$0$2,488,644
70$3,415,179$0$0$2,644,260
71$3,631,523$0$0$2,812,655
72$3,865,777$0$0$2,995,035
73$4,119,635$0$0$3,192,725
74$4,394,962$0$0$3,407,184
75$4,693,809$0$0$3,640,015
76$5,018,432$0$0$3,892,982
77$5,371,310$0$0$4,168,025
78$5,755,173$0$0$4,467,277
79$6,173,024$0$0$4,793,088
80$6,628,167$0$0$5,148,041
81$7,124,237$0$0$5,534,981
82$7,665,237$0$0$5,957,036
83$8,255,569$0$0$6,417,651
84$8,900,083$0$0$6,920,619
85$9,604,114$0$0$7,470,113
86$10,373,537$0$0$8,070,728
87$11,214,820$0$0$8,727,525
88$12,135,085$0$0$9,446,072
89$13,142,171$0$0$10,232,504
90$14,244,714$0$0$11,093,574
91$15,452,220$0$0$12,036,720
92$16,775,160$0$0$13,070,132
93$18,225,064$0$0$14,202,831
94$19,814,632$0$0$15,444,751
95$21,557,850$0$0$16,806,833
96$23,470,124$0$0$18,301,130
97$25,568,421$0$0$19,940,915
98$27,871,430$0$0$21,740,809
99$30,399,740$0$0$23,716,920
100$33,176,029$0$0$25,886,987