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%19.6%
1 years$74,404$73,741$73,094$72,463$71,847$69,078
2 years$36,834$36,148$35,483$34,838$34,213$31,456
3 years$24,312$23,623$22,960$22,321$21,706$19,049
4 years$18,052$17,365$16,709$16,081$15,481$12,943
5 years$14,297$13,615$12,967$12,352$11,768$9,356
6 years$11,795$11,117$10,479$9,878$9,312$7,027
7 years$10,008$9,336$8,708$8,121$7,573$5,415
8 years$8,669$8,003$7,385$6,813$6,283$4,249
9 years$7,628$6,968$6,361$5,803$5,291$3,379
10 years$6,795$6,142$5,546$5,002$4,508$2,714
11 years$6,114$5,468$4,882$4,353$3,877$2,197
12 years$5,548$4,908$4,333$3,818$3,360$1,790
13 years$5,068$4,435$3,871$3,371$2,930$1,465
14 years$4,658$4,031$3,478$2,993$2,568$1,203
15 years$4,302$3,683$3,140$2,669$2,261$992
16 years$3,992$3,379$2,847$2,390$1,999$819
17 years$3,718$3,112$2,591$2,147$1,772$678
18 years$3,475$2,875$2,365$1,935$1,576$562
19 years$3,258$2,665$2,165$1,748$1,404$467
20 years$3,062$2,476$1,987$1,583$1,254$388
21 years$2,886$2,307$1,828$1,437$1,123$323
22 years$2,726$2,153$1,685$1,307$1,006$269
23 years$2,579$2,014$1,555$1,190$903$224
24 years$2,446$1,887$1,438$1,085$812$187
25 years$2,323$1,771$1,332$991$731$156
26 years$2,210$1,664$1,236$906$658$130
27 years$2,105$1,566$1,147$830$593$109
28 years$2,008$1,476$1,067$760$535$91
29 years$1,918$1,392$993$697$483$76
30 years$1,834$1,315$925$640$437$63
31 years$1,756$1,243$862$587$395$53
32 years$1,682$1,176$804$540$357$44
33 years$1,614$1,114$751$496$323$37
34 years$1,549$1,056$702$457$293$31
35 years$1,488$1,001$656$421$265$26
36 years$1,431$950$614$387$240$22
37 years$1,377$903$574$357$218$18
38 years$1,326$858$538$329$197$15
39 years$1,278$816$504$303$179$13
40 years$1,232$776$472$280$162$11
41 years$1,188$739$443$258$147$9
42 years$1,147$704$415$238$134$7
43 years$1,108$670$390$220$121$6
44 years$1,071$639$366$203$110$5
45 years$1,035$609$344$187$100$4
46 years$1,001$581$323$173$91$4
47 years$969$555$303$160$82$3
48 years$938$530$285$148$75$3
49 years$908$506$268$137$68$2
50 years$880$483$252$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $901,000, adding $5,272 every year, while hoping to spend $44,130 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: 46/36/18 Blend
44$901,000$901,000$901,000$901,000
45$998,340$950,587$936,622$1,038,914
46$1,053,217$950,212$921,044$1,067,391
47$1,112,212$948,339$903,466$1,093,424
48$1,175,699$944,849$883,774$1,120,733
49$1,244,088$939,614$861,848$1,149,456
50$1,317,829$932,500$837,564$1,179,747
51$1,397,418$923,362$810,793$1,211,780
52$1,483,397$912,050$781,397$1,245,746
53$1,576,365$898,402$749,235$1,281,861
54$1,676,977$882,247$714,158$1,320,368
55$1,785,957$863,405$676,010$1,361,534
56$1,904,098$841,685$634,629$1,405,659
57$2,032,272$816,883$589,845$1,453,078
58$2,171,439$788,786$541,481$1,504,163
59$2,322,655$757,166$489,350$1,559,331
60$2,487,082$721,783$433,259$1,619,042
61$2,665,997$682,383$373,006$1,683,811
62$2,860,807$638,698$308,380$1,754,210
63$3,073,057$590,442$239,159$1,830,875
64$3,304,451$537,317$165,113$1,914,513
65$3,556,863$479,003$86,002$2,005,909
66$3,832,355$415,165$1,574$2,105,936
67$4,133,196$345,449$0$2,215,561
68$4,461,886$269,481$0$2,352,862
69$4,821,177$186,863$0$2,503,456
70$5,214,096$97,180$0$2,668,419
71$5,643,981$0$0$2,849,272
72$6,114,501$0$0$3,047,708
73$6,629,702$0$0$3,307,240
74$7,194,037$0$0$3,591,628
75$7,812,409$0$0$3,903,355
76$8,490,219$0$0$4,245,158
77$9,233,416$0$0$4,620,050
78$10,048,550$0$0$5,031,351
79$10,942,838$0$0$5,482,715
80$11,924,227$0$0$5,978,172
81$13,001,473$0$0$6,522,156
82$14,184,218$0$0$7,119,553
83$15,483,085$0$0$7,775,748
84$16,909,778$0$0$8,496,670
85$18,477,187$0$0$9,288,851
86$20,199,514$0$0$10,159,488
87$22,092,405$0$0$11,116,511
88$24,173,095$0$0$12,168,653
89$26,460,575$0$0$13,325,540
90$28,975,765$0$0$14,597,772
91$31,741,715$0$0$15,997,033
92$34,783,820$0$0$17,536,192
93$38,130,060$0$0$19,229,431
94$41,811,263$0$0$21,092,374
95$45,861,395$0$0$23,142,235
96$50,317,879$0$0$25,397,982
97$55,221,952$0$0$27,880,516
98$60,619,047$0$0$30,612,865
99$66,559,225$0$0$33,620,402
100$73,097,649$0$0$36,931,086