Can I retire at age 45 with 910,000?

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 $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%16.3%
1 years$75,147$74,478$73,825$73,187$72,565$70,696
2 years$37,201$36,509$35,837$35,186$34,555$32,684
3 years$24,555$23,859$23,189$22,544$21,923$20,109
4 years$18,232$17,539$16,876$16,242$15,636$13,893
5 years$14,440$13,751$13,096$12,475$11,886$10,219
6 years$11,913$11,228$10,584$9,977$9,405$7,815
7 years$10,108$9,430$8,795$8,202$7,649$6,137
8 years$8,755$8,083$7,459$6,881$6,345$4,910
9 years$7,704$7,038$6,424$5,861$5,344$3,984
10 years$6,863$6,203$5,601$5,052$4,553$3,267
11 years$6,175$5,522$4,931$4,397$3,916$2,702
12 years$5,603$4,957$4,376$3,857$3,393$2,249
13 years$5,119$4,479$3,910$3,405$2,959$1,883
14 years$4,704$4,072$3,513$3,022$2,594$1,583
15 years$4,345$3,719$3,172$2,695$2,284$1,335
16 years$4,032$3,413$2,876$2,413$2,019$1,130
17 years$3,755$3,143$2,617$2,168$1,790$958
18 years$3,510$2,904$2,389$1,954$1,591$814
19 years$3,290$2,692$2,187$1,766$1,418$693
20 years$3,093$2,501$2,007$1,599$1,267$591
21 years$2,915$2,330$1,846$1,451$1,134$505
22 years$2,753$2,175$1,701$1,320$1,016$431
23 years$2,605$2,034$1,571$1,202$912$369
24 years$2,470$1,906$1,453$1,096$820$316
25 years$2,346$1,788$1,346$1,001$738$270
26 years$2,232$1,681$1,248$915$665$232
27 years$2,126$1,582$1,159$838$599$199
28 years$2,028$1,491$1,077$768$541$171
29 years$1,937$1,406$1,003$704$488$146
30 years$1,852$1,328$934$646$441$126
31 years$1,773$1,255$871$593$399$108
32 years$1,699$1,188$812$545$361$93
33 years$1,630$1,125$758$501$326$80
34 years$1,564$1,066$709$461$296$68
35 years$1,503$1,011$662$425$268$59
36 years$1,445$960$620$391$243$50
37 years$1,391$912$580$360$220$43
38 years$1,339$866$543$332$199$37
39 years$1,290$824$509$306$181$32
40 years$1,244$784$477$283$164$28
41 years$1,200$746$447$261$149$24
42 years$1,159$711$420$241$135$20
43 years$1,119$677$394$222$122$17
44 years$1,081$645$370$205$111$15
45 years$1,045$615$347$189$101$13
46 years$1,011$587$326$175$92$11
47 years$978$560$306$162$83$10
48 years$947$535$288$149$76$8
49 years$917$511$270$138$69$7
50 years$888$488$254$128$62$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $910,000, adding $3,491 every year, while hoping to spend $37,535 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: 78/5/17 Blend
44$910,000$910,000$910,000$910,000
45$1,006,421$958,191$944,086$1,080,892
46$1,069,139$965,205$935,776$1,137,528
47$1,136,996$971,305$925,929$1,194,556
48$1,210,477$976,407$914,455$1,256,082
49$1,290,115$980,420$901,259$1,322,545
50$1,376,495$983,248$886,239$1,394,424
51$1,470,261$984,792$869,292$1,472,250
52$1,572,123$984,941$850,308$1,556,608
53$1,682,859$983,583$829,173$1,648,141
54$1,803,327$980,595$805,767$1,747,558
55$1,934,471$975,849$779,965$1,855,643
56$2,077,328$969,207$751,635$1,973,258
57$2,233,042$960,524$720,641$2,101,352
58$2,402,868$949,646$686,838$2,240,974
59$2,588,192$936,410$650,079$2,393,279
60$2,790,536$920,642$610,205$2,559,538
61$3,011,577$902,160$567,053$2,741,155
62$3,253,161$880,769$520,452$2,939,678
63$3,517,320$856,264$470,224$3,156,809
64$3,806,293$828,426$416,183$3,394,430
65$4,122,541$797,026$358,132$3,654,612
66$4,468,780$761,820$295,868$3,939,638
67$4,847,995$722,549$229,180$4,252,025
68$5,263,478$678,941$157,844$4,594,548
69$5,718,851$630,707$81,630$4,970,266
70$6,218,105$577,543$296$5,382,552
71$6,765,634$519,125$0$5,835,120
72$7,366,280$455,113$0$6,347,760
73$8,025,374$385,147$0$6,910,373
74$8,748,789$308,846$0$7,527,934
75$9,542,995$225,809$0$8,205,982
76$10,415,117$135,610$0$8,950,621
77$11,373,006$37,802$0$9,768,573
78$12,425,309$0$0$10,667,247
79$13,581,554$0$0$11,658,552
80$14,852,234$0$0$12,750,287
81$16,248,913$0$0$13,950,309
82$17,784,328$0$0$15,269,567
83$19,472,513$0$0$16,720,124
84$21,328,930$0$0$18,315,269
85$23,370,614$0$0$20,069,644
86$25,616,332$0$0$21,999,382
87$28,086,764$0$0$24,122,255
88$30,804,693$0$0$26,457,848
89$33,795,223$0$0$29,027,739
90$37,086,014$0$0$31,855,700
91$40,707,541$0$0$34,967,928
92$44,693,384$0$0$38,393,286
93$49,080,544$0$0$42,163,578
94$53,909,790$0$0$46,313,846
95$59,226,045$0$0$50,882,703
96$65,078,807$0$0$55,912,696
97$71,522,620$0$0$61,450,707
98$78,617,584$0$0$67,548,395
99$86,429,924$0$0$74,262,683
100$95,032,612$0$0$81,656,295