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%11.2%
1 years$75,230$74,559$73,906$73,268$72,644$72,278
2 years$37,242$36,549$35,877$35,225$34,593$34,222
3 years$24,582$23,885$23,214$22,569$21,947$21,585
4 years$18,252$17,558$16,894$16,260$15,653$15,301
5 years$14,456$13,766$13,111$12,489$11,899$11,560
6 years$11,926$11,241$10,595$9,987$9,415$9,088
7 years$10,119$9,440$8,805$8,211$7,657$7,343
8 years$8,765$8,092$7,467$6,888$6,352$6,050
9 years$7,712$7,045$6,431$5,867$5,350$5,060
10 years$6,870$6,210$5,607$5,058$4,558$4,281
11 years$6,182$5,529$4,936$4,402$3,920$3,655
12 years$5,609$4,962$4,381$3,861$3,397$3,144
13 years$5,125$4,484$3,914$3,409$2,962$2,721
14 years$4,710$4,076$3,517$3,026$2,597$2,367
15 years$4,350$3,724$3,175$2,698$2,286$2,067
16 years$4,036$3,416$2,879$2,416$2,021$1,813
17 years$3,759$3,146$2,620$2,171$1,792$1,594
18 years$3,513$2,907$2,391$1,956$1,593$1,406
19 years$3,294$2,694$2,189$1,768$1,420$1,242
20 years$3,096$2,504$2,009$1,601$1,268$1,100
21 years$2,918$2,332$1,848$1,453$1,135$976
22 years$2,756$2,177$1,703$1,321$1,017$867
23 years$2,608$2,036$1,573$1,203$913$772
24 years$2,473$1,908$1,454$1,097$821$687
25 years$2,349$1,790$1,347$1,002$739$613
26 years$2,234$1,683$1,249$916$665$547
27 years$2,128$1,584$1,160$839$600$488
28 years$2,030$1,492$1,078$768$541$437
29 years$1,939$1,408$1,004$705$489$391
30 years$1,854$1,329$935$647$442$349
31 years$1,775$1,257$872$594$399$313
32 years$1,701$1,189$813$546$361$280
33 years$1,631$1,126$759$502$327$251
34 years$1,566$1,067$709$462$296$225
35 years$1,505$1,012$663$425$268$202
36 years$1,447$961$620$392$243$181
37 years$1,392$913$581$361$220$163
38 years$1,341$867$544$333$200$146
39 years$1,292$825$509$307$181$131
40 years$1,245$785$478$283$164$118
41 years$1,202$747$448$261$149$106
42 years$1,160$711$420$241$135$95
43 years$1,120$678$394$222$123$85
44 years$1,082$646$370$205$111$77
45 years$1,046$616$347$190$101$69
46 years$1,012$588$326$175$92$62
47 years$979$561$307$162$83$55
48 years$948$535$288$149$76$50
49 years$918$511$271$138$69$45
50 years$889$488$255$128$62$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $911,000, adding $5,119 every year, while hoping to spend $52,280 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: 29/42/29 Blend
44$911,000$911,000$911,000$911,000
45$1,009,202$960,919$946,799$1,029,336
46$1,056,515$952,379$922,891$1,037,175
47$1,106,902$941,668$896,430$1,040,733
48$1,160,621$928,624$867,275$1,043,524
49$1,217,955$913,077$835,280$1,045,519
50$1,279,214$894,846$800,289$1,046,691
51$1,344,738$873,737$762,143$1,047,017
52$1,414,899$849,548$720,672$1,046,475
53$1,490,105$822,063$675,702$1,045,048
54$1,570,806$791,054$627,048$1,042,725
55$1,657,493$756,280$574,519$1,039,498
56$1,750,705$717,486$517,913$1,035,368
57$1,851,036$674,402$457,022$1,030,343
58$1,959,136$626,741$391,626$1,024,439
59$2,075,720$574,204$321,498$1,017,683
60$2,201,573$516,469$246,398$1,010,115
61$2,337,558$453,201$166,077$1,001,787
62$2,484,624$384,042$80,275$992,768
63$2,643,812$308,617$0$983,142
64$2,816,269$226,527$0$976,511
65$3,003,254$137,353$0$996,245
66$3,206,153$40,650$0$1,017,725
67$3,426,489$0$0$1,041,230
68$3,665,939$0$0$1,096,679
69$3,926,347$0$0$1,177,542
70$4,209,740$0$0$1,265,675
71$4,518,350$0$0$1,361,791
72$4,854,635$0$0$1,466,672
73$5,221,296$0$0$1,581,180
74$5,621,308$0$0$1,706,261
75$6,057,946$0$0$1,842,961
76$6,534,813$0$0$1,992,427
77$7,055,878$0$0$2,155,926
78$7,625,510$0$0$2,334,851
79$8,248,516$0$0$2,530,735
80$8,930,193$0$0$2,745,267
81$9,676,371$0$0$2,980,309
82$10,493,472$0$0$3,237,907
83$11,388,565$0$0$3,520,320
84$12,369,437$0$0$3,830,031
85$13,444,665$0$0$4,169,778
86$14,623,692$0$0$4,542,576
87$15,916,922$0$0$4,951,744
88$17,335,812$0$0$5,400,941
89$18,892,983$0$0$5,894,195
90$20,602,337$0$0$6,435,946
91$22,479,185$0$0$7,031,083
92$24,540,398$0$0$7,684,992
93$26,804,557$0$0$8,403,606
94$29,292,133$0$0$9,193,464
95$32,025,678$0$0$10,061,767
96$35,030,035$0$0$11,016,450
97$38,332,575$0$0$12,066,255
98$41,963,452$0$0$13,220,812
99$45,955,890$0$0$14,490,735
100$50,346,489$0$0$15,887,713