Can I retire at age 45 with 910,000?

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 $910,000?

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$75,147$74,478$73,825$73,187$72,565$70,158
2 years$37,201$36,509$35,837$35,186$34,555$32,153
3 years$24,555$23,859$23,189$22,544$21,923$19,602
4 years$18,232$17,539$16,876$16,242$15,636$13,413
5 years$14,440$13,751$13,096$12,475$11,886$9,768
6 years$11,913$11,228$10,584$9,977$9,405$7,393
7 years$10,108$9,430$8,795$8,202$7,649$5,743
8 years$8,755$8,083$7,459$6,881$6,345$4,544
9 years$7,704$7,038$6,424$5,861$5,344$3,644
10 years$6,863$6,203$5,601$5,052$4,553$2,954
11 years$6,175$5,522$4,931$4,397$3,916$2,413
12 years$5,603$4,957$4,376$3,857$3,393$1,984
13 years$5,119$4,479$3,910$3,405$2,959$1,639
14 years$4,704$4,072$3,513$3,022$2,594$1,360
15 years$4,345$3,719$3,172$2,695$2,284$1,132
16 years$4,032$3,413$2,876$2,413$2,019$945
17 years$3,755$3,143$2,617$2,168$1,790$790
18 years$3,510$2,904$2,389$1,954$1,591$662
19 years$3,290$2,692$2,187$1,766$1,418$556
20 years$3,093$2,501$2,007$1,599$1,267$467
21 years$2,915$2,330$1,846$1,451$1,134$393
22 years$2,753$2,175$1,701$1,320$1,016$331
23 years$2,605$2,034$1,571$1,202$912$279
24 years$2,470$1,906$1,453$1,096$820$235
25 years$2,346$1,788$1,346$1,001$738$198
26 years$2,232$1,681$1,248$915$665$167
27 years$2,126$1,582$1,159$838$599$141
28 years$2,028$1,491$1,077$768$541$119
29 years$1,937$1,406$1,003$704$488$101
30 years$1,852$1,328$934$646$441$85
31 years$1,773$1,255$871$593$399$72
32 years$1,699$1,188$812$545$361$61
33 years$1,630$1,125$758$501$326$51
34 years$1,564$1,066$709$461$296$44
35 years$1,503$1,011$662$425$268$37
36 years$1,445$960$620$391$243$31
37 years$1,391$912$580$360$220$26
38 years$1,339$866$543$332$199$22
39 years$1,290$824$509$306$181$19
40 years$1,244$784$477$283$164$16
41 years$1,200$746$447$261$149$13
42 years$1,159$711$420$241$135$11
43 years$1,119$677$394$222$122$10
44 years$1,081$645$370$205$111$8
45 years$1,045$615$347$189$101$7
46 years$1,011$587$326$175$92$6
47 years$978$560$306$162$83$5
48 years$947$535$288$149$76$4
49 years$917$511$270$138$69$4
50 years$888$488$254$128$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $910,000, adding $3,731 every year, while hoping to spend $36,943 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: 83/11/6 Blend
44$910,000$910,000$910,000$910,000
45$1,006,669$958,439$944,334$1,089,557
46$1,070,042$966,095$936,662$1,151,903
47$1,138,641$972,888$927,495$1,214,977
48$1,212,960$978,737$916,743$1,283,080
49$1,293,542$983,556$904,314$1,356,691
50$1,380,984$987,251$890,110$1,436,342
51$1,475,944$989,726$874,028$1,522,616
52$1,579,144$990,876$855,962$1,616,154
53$1,691,379$990,592$835,799$1,717,665
54$1,813,524$988,755$813,422$1,827,928
55$1,946,540$985,241$788,709$1,947,801
56$2,091,488$979,918$761,531$2,078,230
57$2,249,531$972,645$731,754$2,220,256
58$2,421,954$963,275$699,238$2,375,026
59$2,610,167$951,650$663,836$2,543,806
60$2,815,724$937,601$625,396$2,727,987
61$3,040,338$920,953$583,756$2,929,105
62$3,285,890$901,518$538,749$3,148,850
63$3,554,455$879,096$490,202$3,389,085
64$3,848,315$853,478$437,930$3,651,863
65$4,169,986$824,441$381,743$3,939,447
66$4,522,235$791,749$321,442$4,254,329
67$4,908,111$755,153$256,818$4,599,256
68$5,330,972$714,389$187,655$4,977,256
69$5,794,515$669,177$113,725$5,391,664
70$6,302,812$619,224$34,791$5,846,157
71$6,860,349$564,216$0$6,344,786
72$7,472,067$503,825$0$6,895,182
73$8,143,406$437,701$0$7,501,683
74$8,880,362$365,476$0$8,167,499
75$9,689,536$286,762$0$8,898,624
76$10,578,203$201,147$0$9,701,664
77$11,554,374$108,198$0$10,583,898
78$12,626,876$7,456$0$11,553,345
79$13,805,433$0$0$12,618,845
80$15,100,757$0$0$13,802,430
81$16,524,650$0$0$15,104,504
82$18,090,114$0$0$16,536,059
83$19,811,474$0$0$18,110,195
84$21,704,512$0$0$19,841,348
85$23,786,616$0$0$21,745,422
86$26,076,945$0$0$23,839,940
87$28,596,605$0$0$26,144,208
88$31,368,856$0$0$28,679,497
89$34,419,321$0$0$31,469,247
90$37,776,235$0$0$34,539,281
91$41,470,707$0$0$37,918,053
92$45,537,017$0$0$41,636,917
93$50,012,933$0$0$45,730,419
94$54,940,074$0$0$50,236,624
95$60,364,297$0$0$55,197,476
96$66,336,131$0$0$60,659,190
97$72,911,255$0$0$66,672,694
98$80,151,019$0$0$73,294,104
99$88,123,028$0$0$80,585,251
100$96,901,775$0$0$88,614,273