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%11.6%
1 years$75,230$74,559$73,906$73,268$72,644$72,156
2 years$37,242$36,549$35,877$35,225$34,593$34,100
3 years$24,582$23,885$23,214$22,569$21,947$21,466
4 years$18,252$17,558$16,894$16,260$15,653$15,186
5 years$14,456$13,766$13,111$12,489$11,899$11,449
6 years$11,926$11,241$10,595$9,987$9,415$8,982
7 years$10,119$9,440$8,805$8,211$7,657$7,241
8 years$8,765$8,092$7,467$6,888$6,352$5,953
9 years$7,712$7,045$6,431$5,867$5,350$4,967
10 years$6,870$6,210$5,607$5,058$4,558$4,192
11 years$6,182$5,529$4,936$4,402$3,920$3,570
12 years$5,609$4,962$4,381$3,861$3,397$3,063
13 years$5,125$4,484$3,914$3,409$2,962$2,644
14 years$4,710$4,076$3,517$3,026$2,597$2,294
15 years$4,350$3,724$3,175$2,698$2,286$1,999
16 years$4,036$3,416$2,879$2,416$2,021$1,748
17 years$3,759$3,146$2,620$2,171$1,792$1,533
18 years$3,513$2,907$2,391$1,956$1,593$1,348
19 years$3,294$2,694$2,189$1,768$1,420$1,188
20 years$3,096$2,504$2,009$1,601$1,268$1,049
21 years$2,918$2,332$1,848$1,453$1,135$928
22 years$2,756$2,177$1,703$1,321$1,017$822
23 years$2,608$2,036$1,573$1,203$913$729
24 years$2,473$1,908$1,454$1,097$821$647
25 years$2,349$1,790$1,347$1,002$739$575
26 years$2,234$1,683$1,249$916$665$512
27 years$2,128$1,584$1,160$839$600$456
28 years$2,030$1,492$1,078$768$541$406
29 years$1,939$1,408$1,004$705$489$362
30 years$1,854$1,329$935$647$442$323
31 years$1,775$1,257$872$594$399$288
32 years$1,701$1,189$813$546$361$257
33 years$1,631$1,126$759$502$327$230
34 years$1,566$1,067$709$462$296$205
35 years$1,505$1,012$663$425$268$184
36 years$1,447$961$620$392$243$164
37 years$1,392$913$581$361$220$147
38 years$1,341$867$544$333$200$131
39 years$1,292$825$509$307$181$117
40 years$1,245$785$478$283$164$105
41 years$1,202$747$448$261$149$94
42 years$1,160$711$420$241$135$84
43 years$1,120$678$394$222$123$75
44 years$1,082$646$370$205$111$67
45 years$1,046$616$347$190$101$60
46 years$1,012$588$326$175$92$54
47 years$979$561$307$162$83$48
48 years$948$535$288$149$76$43
49 years$918$511$271$138$69$39
50 years$889$488$255$128$62$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $911,000, adding $3,673 every year, while hoping to spend $46,664 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: 63/9/28 Blend
44$911,000$911,000$911,000$911,000
45$1,007,711$959,428$945,307$1,063,450
46$1,060,847$956,790$927,325$1,099,059
47$1,117,839$952,458$907,176$1,132,509
48$1,179,032$946,301$884,739$1,168,044
49$1,244,801$938,179$859,887$1,205,876
50$1,315,563$927,941$832,485$1,246,241
51$1,391,772$915,432$802,395$1,289,400
52$1,473,928$900,483$769,470$1,335,641
53$1,562,580$882,919$733,559$1,385,285
54$1,658,332$862,550$694,501$1,438,688
55$1,761,845$839,178$652,131$1,496,242
56$1,873,850$812,594$606,273$1,558,384
57$1,995,146$782,575$556,747$1,625,595
58$2,126,615$748,885$503,362$1,698,411
59$2,269,224$711,275$445,919$1,777,422
60$2,424,039$669,481$384,211$1,863,284
61$2,592,230$623,226$318,022$1,956,720
62$2,775,087$572,213$247,125$2,058,533
63$2,974,026$516,132$171,284$2,169,607
64$3,190,608$454,653$90,253$2,290,925
65$3,426,547$387,428$3,773$2,423,569
66$3,683,733$314,090$0$2,568,740
67$3,964,243$234,250$0$2,754,206
68$4,270,366$147,499$0$2,957,911
69$4,604,619$53,402$0$3,180,432
70$4,969,775$0$0$3,423,650
71$5,368,884$0$0$3,694,440
72$5,805,306$0$0$3,996,392
73$6,282,740$0$0$4,326,785
74$6,805,260$0$0$4,688,444
75$7,377,349$0$0$5,084,483
76$8,003,947$0$0$5,518,330
77$8,690,492$0$0$5,993,758
78$9,442,974$0$0$6,514,926
79$10,267,990$0$0$7,086,412
80$11,172,806$0$0$7,713,258
81$12,165,423$0$0$8,401,020
82$13,254,656$0$0$9,155,815
83$14,450,215$0$0$9,984,383
84$15,762,793$0$0$10,894,148
85$17,204,173$0$0$11,893,286
86$18,787,330$0$0$12,990,806
87$20,526,562$0$0$14,196,632
88$22,437,618$0$0$15,521,696
89$24,537,848$0$0$16,978,042
90$26,846,366$0$0$18,578,940
91$29,384,232$0$0$20,339,007
92$32,174,645$0$0$22,274,349
93$35,243,167$0$0$24,402,709
94$38,617,959$0$0$26,743,638
95$42,330,050$0$0$29,318,676
96$46,413,626$0$0$32,151,553
97$50,906,352$0$0$35,268,419
98$55,849,731$0$0$38,698,083
99$61,289,488$0$0$42,472,291
100$67,276,008$0$0$46,626,018