Can I retire at age 45 with 908,000?

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 $908,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$74,982$74,314$73,662$73,026$72,405$70,003
2 years$37,120$36,428$35,758$35,109$34,479$32,082
3 years$24,501$23,806$23,138$22,495$21,875$19,559
4 years$18,192$17,500$16,839$16,206$15,601$13,384
5 years$14,408$13,720$13,067$12,448$11,860$9,746
6 years$11,887$11,204$10,560$9,955$9,384$7,377
7 years$10,086$9,409$8,776$8,184$7,632$5,730
8 years$8,736$8,065$7,443$6,866$6,331$4,534
9 years$7,687$7,022$6,410$5,848$5,332$3,636
10 years$6,848$6,190$5,589$5,041$4,543$2,947
11 years$6,162$5,510$4,920$4,387$3,907$2,408
12 years$5,591$4,946$4,366$3,848$3,386$1,979
13 years$5,108$4,470$3,901$3,397$2,953$1,635
14 years$4,694$4,063$3,505$3,016$2,588$1,357
15 years$4,336$3,711$3,165$2,690$2,279$1,129
16 years$4,023$3,405$2,869$2,408$2,014$943
17 years$3,747$3,136$2,611$2,164$1,786$788
18 years$3,502$2,898$2,383$1,950$1,588$661
19 years$3,283$2,686$2,182$1,762$1,415$555
20 years$3,086$2,496$2,002$1,596$1,264$466
21 years$2,908$2,325$1,842$1,448$1,131$392
22 years$2,747$2,170$1,698$1,317$1,014$330
23 years$2,599$2,029$1,567$1,199$910$278
24 years$2,465$1,901$1,450$1,094$818$235
25 years$2,341$1,784$1,343$999$736$198
26 years$2,227$1,677$1,245$913$663$167
27 years$2,121$1,578$1,156$836$598$141
28 years$2,024$1,487$1,075$766$539$119
29 years$1,933$1,403$1,000$702$487$101
30 years$1,848$1,325$932$645$440$85
31 years$1,769$1,253$869$592$398$72
32 years$1,695$1,185$810$544$360$61
33 years$1,626$1,122$757$500$326$51
34 years$1,561$1,064$707$460$295$43
35 years$1,500$1,009$661$424$267$37
36 years$1,442$958$618$390$242$31
37 years$1,388$910$579$360$219$26
38 years$1,336$864$542$331$199$22
39 years$1,288$822$508$306$180$19
40 years$1,241$782$476$282$164$16
41 years$1,198$744$446$260$148$13
42 years$1,156$709$419$240$135$11
43 years$1,116$676$393$222$122$10
44 years$1,079$644$369$205$111$8
45 years$1,043$614$346$189$101$7
46 years$1,009$586$325$175$91$6
47 years$976$559$306$161$83$5
48 years$945$534$287$149$75$4
49 years$915$510$270$138$68$4
50 years$887$487$254$127$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $908,000, adding $3,023 every year, while hoping to spend $20,046 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: 86/7/7 Blend
44$908,000$908,000$908,000$908,000
45$1,003,734$955,610$941,536$1,089,253
46$1,084,786$981,106$951,749$1,170,965
47$1,173,434$1,007,180$961,632$1,257,670
48$1,270,430$1,033,838$971,153$1,352,307
49$1,376,606$1,061,088$980,278$1,455,659
50$1,492,874$1,088,935$988,971$1,568,591
51$1,620,240$1,117,386$997,195$1,692,055
52$1,759,814$1,146,447$1,004,910$1,827,097
53$1,912,815$1,176,123$1,012,075$1,974,872
54$2,080,587$1,206,418$1,018,644$2,136,650
55$2,264,610$1,237,336$1,024,573$2,313,833
56$2,466,516$1,268,881$1,029,811$2,507,962
57$2,688,101$1,301,056$1,034,310$2,720,735
58$2,931,341$1,333,862$1,038,014$2,954,025
59$3,198,418$1,367,301$1,040,867$3,209,891
60$3,491,731$1,401,373$1,042,810$3,490,607
61$3,813,925$1,436,078$1,043,781$3,798,671
62$4,167,912$1,471,413$1,043,715$4,136,842
63$4,556,903$1,507,376$1,042,543$4,508,156
64$4,984,432$1,543,963$1,040,194$4,915,957
65$5,454,396$1,581,168$1,036,592$5,363,932
66$5,971,084$1,618,986$1,031,658$5,856,141
67$6,539,226$1,657,407$1,025,309$6,397,059
68$7,164,029$1,696,422$1,017,460$6,991,615
69$7,851,233$1,736,020$1,008,017$7,645,241
70$8,607,161$1,776,187$996,888$8,363,921
71$9,438,779$1,816,907$983,971$9,154,250
72$10,353,763$1,858,165$969,163$10,023,494
73$11,360,571$1,899,939$952,354$10,979,658
74$12,468,521$1,942,208$933,430$12,031,564
75$13,687,881$1,984,946$912,270$13,188,933
76$15,029,964$2,028,128$888,751$14,462,476
77$16,507,236$2,071,722$862,739$15,863,995
78$18,133,432$2,115,695$834,100$17,406,495
79$19,923,688$2,160,010$802,688$19,104,307
80$21,894,681$2,204,626$768,354$20,973,223
81$24,064,786$2,249,501$730,942$23,030,644
82$26,454,252$2,294,585$690,287$25,295,745
83$29,085,393$2,339,826$646,218$27,789,655
84$31,982,792$2,385,167$598,556$30,535,658
85$35,173,544$2,430,547$547,114$33,559,411
86$38,687,500$2,475,898$491,697$36,889,189
87$42,557,556$2,521,148$432,100$40,556,147
88$46,819,962$2,566,220$368,111$44,594,619
89$51,514,662$2,611,029$299,506$49,042,438
90$56,685,672$2,655,483$226,054$53,941,297
91$62,381,495$2,699,486$147,511$59,337,137
92$68,655,579$2,742,933$63,625$65,280,587
93$75,566,822$2,785,710$0$71,827,438
94$83,180,125$2,827,698$0$79,041,105
95$91,567,009$2,868,765$0$86,992,601
96$100,806,283$2,908,774$0$95,751,849
97$110,984,796$2,947,576$0$105,401,145
98$122,198,249$2,985,011$0$116,031,177
99$134,552,104$3,020,911$0$127,741,880
100$148,162,576$3,055,093$0$140,643,380