Can I retire at age 45 with 911,000?

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 $911,000?

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$75,230$74,559$73,906$73,268$72,644$71,707
2 years$37,242$36,549$35,877$35,225$34,593$33,649
3 years$24,582$23,885$23,214$22,569$21,947$21,027
4 years$18,252$17,558$16,894$16,260$15,653$14,764
5 years$14,456$13,766$13,111$12,489$11,899$11,043
6 years$11,926$11,241$10,595$9,987$9,415$8,594
7 years$10,119$9,440$8,805$8,211$7,657$6,871
8 years$8,765$8,092$7,467$6,888$6,352$5,600
9 years$7,712$7,045$6,431$5,867$5,350$4,632
10 years$6,870$6,210$5,607$5,058$4,558$3,874
11 years$6,182$5,529$4,936$4,402$3,920$3,269
12 years$5,609$4,962$4,381$3,861$3,397$2,779
13 years$5,125$4,484$3,914$3,409$2,962$2,375
14 years$4,710$4,076$3,517$3,026$2,597$2,040
15 years$4,350$3,724$3,175$2,698$2,286$1,760
16 years$4,036$3,416$2,879$2,416$2,021$1,523
17 years$3,759$3,146$2,620$2,171$1,792$1,322
18 years$3,513$2,907$2,391$1,956$1,593$1,150
19 years$3,294$2,694$2,189$1,768$1,420$1,002
20 years$3,096$2,504$2,009$1,601$1,268$876
21 years$2,918$2,332$1,848$1,453$1,135$766
22 years$2,756$2,177$1,703$1,321$1,017$671
23 years$2,608$2,036$1,573$1,203$913$588
24 years$2,473$1,908$1,454$1,097$821$516
25 years$2,349$1,790$1,347$1,002$739$454
26 years$2,234$1,683$1,249$916$665$399
27 years$2,128$1,584$1,160$839$600$351
28 years$2,030$1,492$1,078$768$541$309
29 years$1,939$1,408$1,004$705$489$272
30 years$1,854$1,329$935$647$442$240
31 years$1,775$1,257$872$594$399$211
32 years$1,701$1,189$813$546$361$186
33 years$1,631$1,126$759$502$327$164
34 years$1,566$1,067$709$462$296$145
35 years$1,505$1,012$663$425$268$128
36 years$1,447$961$620$392$243$113
37 years$1,392$913$581$361$220$100
38 years$1,341$867$544$333$200$88
39 years$1,292$825$509$307$181$78
40 years$1,245$785$478$283$164$69
41 years$1,202$747$448$261$149$61
42 years$1,160$711$420$241$135$54
43 years$1,120$678$394$222$123$47
44 years$1,082$646$370$205$111$42
45 years$1,046$616$347$190$101$37
46 years$1,012$588$326$175$92$33
47 years$979$561$307$162$83$29
48 years$948$535$288$149$76$26
49 years$918$511$271$138$69$23
50 years$889$488$255$128$62$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $911,000, adding $2,518 every year, while hoping to spend $49,310 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: 74/7/19 Blend
44$911,000$911,000$911,000$911,000
45$1,006,519$958,236$944,116$1,076,329
46$1,056,719$952,724$923,278$1,117,465
47$1,110,386$945,290$900,090$1,156,271
48$1,167,823$935,786$874,420$1,197,517
49$1,229,359$924,058$846,132$1,241,432
50$1,295,359$909,942$815,082$1,288,275
51$1,366,219$893,263$781,122$1,338,326
52$1,442,378$873,837$744,093$1,391,899
53$1,524,314$851,469$703,834$1,449,338
54$1,612,554$825,951$660,172$1,511,024
55$1,707,676$797,064$612,930$1,577,377
56$1,810,317$764,578$561,920$1,648,862
57$1,921,173$728,246$506,948$1,725,993
58$2,041,011$687,809$447,810$1,809,335
59$2,170,676$642,993$384,293$1,899,515
60$2,311,092$593,507$316,175$1,997,223
61$2,463,280$539,046$243,223$2,103,223
62$2,628,360$479,284$165,196$2,218,356
63$2,807,563$413,880$81,841$2,343,554
64$3,002,245$342,470$0$2,479,842
65$3,213,896$264,673$0$2,629,797
66$3,444,157$180,085$0$2,811,027
67$3,694,831$88,280$0$3,008,364
68$3,967,904$0$0$3,223,393
69$4,265,561$0$0$3,458,723
70$4,590,206$0$0$3,722,842
71$4,944,485$0$0$4,011,108
72$5,331,313$0$0$4,325,896
73$5,753,896$0$0$4,669,821
74$6,215,764$0$0$5,045,761
75$6,720,804$0$0$5,456,884
76$7,273,296$0$0$5,906,681
77$7,877,951$0$0$6,398,992
78$8,539,959$0$0$6,938,049
79$9,265,033$0$0$7,528,509
80$10,059,466$0$0$8,175,505
81$10,930,187$0$0$8,884,685
82$11,884,828$0$0$9,662,272
83$12,931,795$0$0$10,515,121
84$14,080,346$0$0$11,450,781
85$15,340,678$0$0$12,477,566
86$16,724,025$0$0$13,604,636
87$18,242,759$0$0$14,842,078
88$19,910,510$0$0$16,201,008
89$21,742,291$0$0$17,693,668
90$23,754,643$0$0$19,333,543
91$25,965,786$0$0$21,135,492
92$28,395,793$0$0$23,115,883
93$31,066,778$0$0$25,292,748
94$34,003,103$0$0$27,685,952
95$37,231,611$0$0$30,317,384
96$40,781,872$0$0$33,211,157
97$44,686,467$0$0$36,393,839
98$48,981,295$0$0$39,894,702
99$53,705,903$0$0$43,745,996
100$58,903,871$0$0$47,983,257