Can I retire at age 45 with 911,000?

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 $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%15.9%
1 years$75,230$74,559$73,906$73,268$72,644$70,888
2 years$37,242$36,549$35,877$35,225$34,593$32,834
3 years$24,582$23,885$23,214$22,569$21,947$20,241
4 years$18,252$17,558$16,894$16,260$15,653$14,012
5 years$14,456$13,766$13,111$12,489$11,899$10,328
6 years$11,926$11,241$10,595$9,987$9,415$7,916
7 years$10,119$9,440$8,805$8,211$7,657$6,230
8 years$8,765$8,092$7,467$6,888$6,352$4,996
9 years$7,712$7,045$6,431$5,867$5,350$4,064
10 years$6,870$6,210$5,607$5,058$4,558$3,341
11 years$6,182$5,529$4,936$4,402$3,920$2,770
12 years$5,609$4,962$4,381$3,861$3,397$2,312
13 years$5,125$4,484$3,914$3,409$2,962$1,940
14 years$4,710$4,076$3,517$3,026$2,597$1,635
15 years$4,350$3,724$3,175$2,698$2,286$1,384
16 years$4,036$3,416$2,879$2,416$2,021$1,174
17 years$3,759$3,146$2,620$2,171$1,792$999
18 years$3,513$2,907$2,391$1,956$1,593$851
19 years$3,294$2,694$2,189$1,768$1,420$727
20 years$3,096$2,504$2,009$1,601$1,268$622
21 years$2,918$2,332$1,848$1,453$1,135$532
22 years$2,756$2,177$1,703$1,321$1,017$456
23 years$2,608$2,036$1,573$1,203$913$392
24 years$2,473$1,908$1,454$1,097$821$336
25 years$2,349$1,790$1,347$1,002$739$289
26 years$2,234$1,683$1,249$916$665$248
27 years$2,128$1,584$1,160$839$600$214
28 years$2,030$1,492$1,078$768$541$184
29 years$1,939$1,408$1,004$705$489$158
30 years$1,854$1,329$935$647$442$136
31 years$1,775$1,257$872$594$399$117
32 years$1,701$1,189$813$546$361$101
33 years$1,631$1,126$759$502$327$87
34 years$1,566$1,067$709$462$296$75
35 years$1,505$1,012$663$425$268$65
36 years$1,447$961$620$392$243$56
37 years$1,392$913$581$361$220$48
38 years$1,341$867$544$333$200$42
39 years$1,292$825$509$307$181$36
40 years$1,245$785$478$283$164$31
41 years$1,202$747$448$261$149$27
42 years$1,160$711$420$241$135$23
43 years$1,120$678$394$222$123$20
44 years$1,082$646$370$205$111$17
45 years$1,046$616$347$190$101$15
46 years$1,012$588$326$175$92$13
47 years$979$561$307$162$83$11
48 years$948$535$288$149$76$9
49 years$918$511$271$138$69$8
50 years$889$488$255$128$62$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $911,000, adding $3,484 every year, while hoping to spend $45,789 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: 45/40/15 Blend
44$911,000$911,000$911,000$911,000
45$1,007,516$959,233$945,112$1,048,384
46$1,061,563$957,516$928,054$1,075,510
47$1,119,589$954,180$908,890$1,100,023
48$1,181,950$949,099$887,501$1,125,612
49$1,249,039$942,135$863,763$1,152,394
50$1,321,287$933,145$837,545$1,180,504
51$1,399,168$921,978$808,712$1,210,092
52$1,483,199$908,472$777,120$1,241,325
53$1,573,954$892,455$742,622$1,274,392
54$1,672,058$873,747$705,061$1,309,503
55$1,778,203$852,155$664,275$1,346,896
56$1,893,145$827,476$620,094$1,386,835
57$2,017,719$799,496$572,340$1,429,615
58$2,152,841$767,985$520,828$1,475,567
59$2,299,519$732,705$465,364$1,525,059
60$2,458,861$693,398$405,745$1,578,504
61$2,632,087$649,797$341,759$1,636,359
62$2,820,538$601,615$273,186$1,699,137
63$3,025,690$548,552$199,796$1,767,407
64$3,249,168$490,289$121,347$1,841,804
65$3,492,759$426,488$37,587$1,923,035
66$3,758,430$356,796$0$2,011,884
67$4,048,345$280,834$0$2,117,516
68$4,364,888$198,207$0$2,239,571
69$4,710,683$108,495$0$2,373,151
70$5,088,616$11,255$0$2,519,502
71$5,501,869$0$0$2,680,004
72$5,953,941$0$0$2,897,552
73$6,448,687$0$0$3,141,164
74$6,990,351$0$0$3,407,988
75$7,583,608$0$0$3,700,341
76$8,233,605$0$0$4,020,773
77$8,946,010$0$0$4,372,093
78$9,727,067$0$0$4,757,395
79$10,583,651$0$0$5,180,089
80$11,523,337$0$0$5,643,926
81$12,554,465$0$0$6,153,041
82$13,686,224$0$0$6,711,990
83$14,928,735$0$0$7,325,789
84$16,293,148$0$0$7,999,964
85$17,791,744$0$0$8,740,604
86$19,438,053$0$0$9,554,415
87$21,246,979$0$0$10,448,787
88$23,234,942$0$0$11,431,859
89$25,420,032$0$0$12,512,599
90$27,822,177$0$0$13,700,887
91$30,463,335$0$0$15,007,609
92$33,367,694$0$0$16,444,757
93$36,561,906$0$0$18,025,545
94$40,075,335$0$0$19,764,531
95$43,940,334$0$0$21,677,756
96$48,192,548$0$0$23,782,893
97$52,871,252$0$0$26,099,415
98$58,019,721$0$0$28,648,778
99$63,685,634$0$0$31,454,624
100$69,921,530$0$0$34,543,001