Can I retire at age 45 with 909,000?

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 $909,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$75,064$74,396$73,743$73,107$72,485$71,550
2 years$37,161$36,468$35,798$35,147$34,517$33,576
3 years$24,528$23,833$23,164$22,519$21,899$20,981
4 years$18,212$17,519$16,857$16,224$15,618$14,732
5 years$14,424$13,735$13,082$12,462$11,873$11,019
6 years$11,900$11,216$10,572$9,966$9,395$8,575
7 years$10,097$9,419$8,785$8,193$7,640$6,856
8 years$8,746$8,074$7,451$6,873$6,338$5,588
9 years$7,695$7,030$6,417$5,854$5,338$4,622
10 years$6,855$6,196$5,595$5,047$4,548$3,866
11 years$6,169$5,516$4,926$4,392$3,912$3,262
12 years$5,597$4,951$4,371$3,852$3,390$2,772
13 years$5,113$4,474$3,905$3,401$2,956$2,370
14 years$4,699$4,067$3,509$3,019$2,591$2,036
15 years$4,341$3,715$3,168$2,692$2,281$1,756
16 years$4,027$3,409$2,872$2,411$2,016$1,520
17 years$3,751$3,139$2,614$2,166$1,788$1,319
18 years$3,506$2,901$2,386$1,952$1,590$1,147
19 years$3,286$2,689$2,184$1,764$1,417$1,000
20 years$3,089$2,498$2,005$1,598$1,266$874
21 years$2,911$2,327$1,844$1,450$1,133$764
22 years$2,750$2,172$1,699$1,318$1,015$669
23 years$2,602$2,032$1,569$1,201$911$587
24 years$2,467$1,904$1,451$1,095$819$515
25 years$2,344$1,786$1,344$1,000$737$453
26 years$2,229$1,679$1,247$914$664$398
27 years$2,124$1,580$1,158$837$599$350
28 years$2,026$1,489$1,076$767$540$308
29 years$1,935$1,405$1,001$703$488$272
30 years$1,850$1,326$933$645$441$239
31 years$1,771$1,254$870$593$398$211
32 years$1,697$1,187$811$545$360$186
33 years$1,628$1,124$758$501$326$164
34 years$1,563$1,065$708$461$295$145
35 years$1,501$1,010$662$424$267$128
36 years$1,444$959$619$391$242$113
37 years$1,389$911$579$360$220$100
38 years$1,338$865$543$332$199$88
39 years$1,289$823$508$306$181$78
40 years$1,243$783$476$282$164$69
41 years$1,199$745$447$260$149$61
42 years$1,157$710$419$240$135$54
43 years$1,118$676$393$222$122$47
44 years$1,080$645$369$205$111$42
45 years$1,044$615$347$189$101$37
46 years$1,010$586$326$175$92$33
47 years$977$560$306$161$83$29
48 years$946$534$287$149$75$26
49 years$916$510$270$138$69$23
50 years$888$487$254$127$62$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $909,000, adding $2,127 every year, while hoping to spend $54,047 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: 60/11/29 Blend
44$909,000$909,000$909,000$909,000
45$1,003,912$955,735$941,646$1,056,127
46$1,048,805$945,060$915,685$1,081,353
47$1,096,467$932,051$887,043$1,102,920
48$1,147,121$916,536$855,574$1,125,332
49$1,201,014$898,334$821,123$1,148,688
50$1,258,417$877,251$783,530$1,173,094
51$1,319,624$853,085$742,626$1,198,673
52$1,384,958$825,619$698,237$1,225,560
53$1,454,775$794,626$650,179$1,253,910
54$1,529,463$759,863$598,261$1,283,893
55$1,609,447$721,076$542,282$1,315,702
56$1,695,195$677,993$482,033$1,349,553
57$1,787,220$630,329$417,295$1,385,685
58$1,886,082$577,781$347,841$1,424,367
59$1,992,401$520,031$273,432$1,465,901
60$2,106,853$456,740$193,819$1,510,619
61$2,230,183$387,551$108,743$1,558,896
62$2,363,209$312,087$17,933$1,611,147
63$2,506,827$229,951$0$1,667,836
64$2,662,026$140,721$0$1,753,917
65$2,829,889$43,953$0$1,853,035
66$3,011,609$0$0$1,960,369
67$3,208,496$0$0$2,084,089
68$3,421,991$0$0$2,224,075
69$3,653,679$0$0$2,376,053
70$3,905,303$0$0$2,541,174
71$4,178,778$0$0$2,720,704
72$4,476,215$0$0$2,916,037
73$4,799,934$0$0$3,128,705
74$5,152,487$0$0$3,360,395
75$5,536,683$0$0$3,612,963
76$5,955,615$0$0$3,888,452
77$6,412,685$0$0$4,189,111
78$6,911,638$0$0$4,517,414
79$7,456,598$0$0$4,876,085
80$8,052,102$0$0$5,268,125
81$8,703,149$0$0$5,696,835
82$9,415,238$0$0$6,165,852
83$10,194,429$0$0$6,679,178
84$11,047,390$0$0$7,241,223
85$11,981,467$0$0$7,856,840
86$13,004,748$0$0$8,531,376
87$14,126,140$0$0$9,270,719
88$15,355,454$0$0$10,081,352
89$16,703,494$0$0$10,970,419
90$18,182,160$0$0$11,945,784
91$19,804,560$0$0$13,016,113
92$21,585,132$0$0$14,190,948
93$23,539,777$0$0$15,480,804
94$25,686,014$0$0$16,897,260
95$28,043,141$0$0$18,453,072
96$30,632,415$0$0$20,162,295
97$33,477,255$0$0$22,040,410
98$36,603,458$0$0$24,104,471
99$40,039,448$0$0$26,373,268
100$43,816,535$0$0$28,867,503