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%12.3%
1 years$75,147$74,478$73,825$73,187$72,565$71,867
2 years$37,201$36,509$35,837$35,186$34,555$33,851
3 years$24,555$23,859$23,189$22,544$21,923$21,236
4 years$18,232$17,539$16,876$16,242$15,636$14,971
5 years$14,440$13,751$13,096$12,475$11,886$11,245
6 years$11,913$11,228$10,584$9,977$9,405$8,789
7 years$10,108$9,430$8,795$8,202$7,649$7,058
8 years$8,755$8,083$7,459$6,881$6,345$5,779
9 years$7,704$7,038$6,424$5,861$5,344$4,802
10 years$6,863$6,203$5,601$5,052$4,553$4,036
11 years$6,175$5,522$4,931$4,397$3,916$3,423
12 years$5,603$4,957$4,376$3,857$3,393$2,924
13 years$5,119$4,479$3,910$3,405$2,959$2,513
14 years$4,704$4,072$3,513$3,022$2,594$2,170
15 years$4,345$3,719$3,172$2,695$2,284$1,882
16 years$4,032$3,413$2,876$2,413$2,019$1,637
17 years$3,755$3,143$2,617$2,168$1,790$1,429
18 years$3,510$2,904$2,389$1,954$1,591$1,250
19 years$3,290$2,692$2,187$1,766$1,418$1,096
20 years$3,093$2,501$2,007$1,599$1,267$963
21 years$2,915$2,330$1,846$1,451$1,134$848
22 years$2,753$2,175$1,701$1,320$1,016$747
23 years$2,605$2,034$1,571$1,202$912$659
24 years$2,470$1,906$1,453$1,096$820$582
25 years$2,346$1,788$1,346$1,001$738$515
26 years$2,232$1,681$1,248$915$665$455
27 years$2,126$1,582$1,159$838$599$403
28 years$2,028$1,491$1,077$768$541$357
29 years$1,937$1,406$1,003$704$488$317
30 years$1,852$1,328$934$646$441$281
31 years$1,773$1,255$871$593$399$249
32 years$1,699$1,188$812$545$361$221
33 years$1,630$1,125$758$501$326$197
34 years$1,564$1,066$709$461$296$175
35 years$1,503$1,011$662$425$268$155
36 years$1,445$960$620$391$243$138
37 years$1,391$912$580$360$220$123
38 years$1,339$866$543$332$199$109
39 years$1,290$824$509$306$181$97
40 years$1,244$784$477$283$164$86
41 years$1,200$746$447$261$149$77
42 years$1,159$711$420$241$135$68
43 years$1,119$677$394$222$122$61
44 years$1,081$645$370$205$111$54
45 years$1,045$615$347$189$101$48
46 years$1,011$587$326$175$92$43
47 years$978$560$306$162$83$38
48 years$947$535$288$149$76$34
49 years$917$511$270$138$69$30
50 years$888$488$254$128$62$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $910,000, adding $4,758 every year, while hoping to spend $23,030 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: 51/25/24 Blend
44$910,000$910,000$910,000$910,000
45$1,007,728$959,498$945,393$1,052,132
46$1,086,012$982,010$952,560$1,105,937
47$1,171,510$1,004,852$959,195$1,161,681
48$1,264,932$1,028,018$965,256$1,221,822
49$1,367,062$1,051,498$970,699$1,286,789
50$1,478,762$1,075,281$975,477$1,357,050
51$1,600,982$1,099,356$979,542$1,433,125
52$1,734,767$1,123,709$982,841$1,515,585
53$1,881,268$1,148,326$985,321$1,605,059
54$2,041,754$1,173,190$986,926$1,702,243
55$2,217,619$1,198,283$987,594$1,807,901
56$2,410,403$1,223,585$987,265$1,922,877
57$2,621,797$1,249,074$985,872$2,048,100
58$2,853,669$1,274,727$983,347$2,184,596
59$3,108,071$1,300,517$979,617$2,333,495
60$3,387,267$1,326,415$974,607$2,496,041
61$3,693,750$1,352,391$968,238$2,673,609
62$4,030,265$1,378,411$960,427$2,867,712
63$4,399,837$1,404,437$951,085$3,080,019
64$4,805,797$1,430,432$940,124$3,312,369
65$5,251,816$1,456,351$927,446$3,566,791
66$5,741,938$1,482,149$912,952$3,845,521
67$6,280,617$1,507,775$896,537$4,151,022
68$6,872,760$1,533,177$878,092$4,486,012
69$7,523,776$1,558,296$857,501$4,853,486
70$8,239,619$1,583,071$834,646$5,256,747
71$9,026,854$1,607,435$809,400$5,699,433
72$9,892,711$1,631,317$781,633$6,185,559
73$10,845,156$1,654,641$751,207$6,719,547
74$11,892,968$1,677,324$717,978$7,306,274
75$13,045,817$1,699,279$681,796$7,951,114
76$14,314,359$1,720,412$642,505$8,659,994
77$15,710,335$1,740,624$599,941$9,439,445
78$17,246,682$1,759,808$553,932$10,296,668
79$18,937,655$1,777,849$504,299$11,239,599
80$20,798,958$1,794,626$450,856$12,276,987
81$22,847,899$1,810,010$393,406$13,418,478
82$25,103,546$1,823,862$331,747$14,674,701
83$27,586,912$1,836,035$265,665$16,057,374
84$30,321,149$1,846,374$194,937$17,579,414
85$33,331,771$1,854,710$119,331$19,255,058
86$36,646,888$1,860,868$38,606$21,099,999
87$40,297,479$1,864,658$0$23,131,535
88$44,317,677$1,865,882$0$25,380,907
89$48,745,096$1,864,326$0$27,868,298
90$53,621,182$1,859,765$0$30,607,045
91$58,991,609$1,851,959$0$33,622,754
92$64,906,702$1,840,654$0$36,943,642
93$71,421,920$1,825,580$0$40,600,807
94$78,598,374$1,806,452$0$44,628,519
95$86,503,406$1,782,967$0$49,064,545
96$95,211,224$1,754,802$0$53,950,507
97$104,803,600$1,721,618$0$59,332,272
98$115,370,644$1,683,055$0$65,260,389
99$127,011,655$1,638,730$0$71,790,566
100$139,836,055$1,588,239$0$78,984,192