Can I retire at age 45 with 912,000?

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 $912,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$75,312$74,641$73,987$73,348$72,724$72,266
2 years$37,283$36,589$35,916$35,263$34,631$34,168
3 years$24,609$23,911$23,240$22,594$21,971$21,519
4 years$18,273$17,577$16,913$16,277$15,670$15,232
5 years$14,472$13,781$13,125$12,503$11,912$11,489
6 years$11,939$11,253$10,607$9,998$9,426$9,018
7 years$10,130$9,450$8,814$8,220$7,666$7,274
8 years$8,775$8,101$7,475$6,896$6,359$5,984
9 years$7,721$7,053$6,438$5,874$5,355$4,995
10 years$6,878$6,217$5,613$5,063$4,563$4,219
11 years$6,189$5,535$4,942$4,406$3,924$3,595
12 years$5,615$4,968$4,386$3,865$3,401$3,087
13 years$5,130$4,489$3,918$3,412$2,966$2,666
14 years$4,715$4,081$3,521$3,029$2,600$2,315
15 years$4,355$3,728$3,179$2,701$2,289$2,018
16 years$4,041$3,420$2,882$2,419$2,023$1,766
17 years$3,763$3,150$2,622$2,173$1,794$1,550
18 years$3,517$2,911$2,394$1,959$1,595$1,364
19 years$3,297$2,697$2,192$1,770$1,422$1,203
20 years$3,100$2,507$2,011$1,603$1,270$1,063
21 years$2,921$2,335$1,850$1,455$1,136$941
22 years$2,759$2,179$1,705$1,323$1,019$834
23 years$2,611$2,038$1,574$1,205$914$740
24 years$2,476$1,910$1,456$1,099$822$658
25 years$2,351$1,792$1,349$1,003$739$585
26 years$2,237$1,684$1,251$917$666$521
27 years$2,131$1,585$1,161$840$601$464
28 years$2,033$1,494$1,080$769$542$414
29 years$1,941$1,409$1,005$705$489$369
30 years$1,856$1,331$936$647$442$330
31 years$1,777$1,258$872$595$400$295
32 years$1,703$1,190$814$547$362$263
33 years$1,633$1,127$760$503$327$235
34 years$1,568$1,068$710$462$296$210
35 years$1,506$1,013$664$426$268$188
36 years$1,448$962$621$392$243$168
37 years$1,394$914$581$361$220$151
38 years$1,342$868$544$333$200$135
39 years$1,293$826$510$307$181$121
40 years$1,247$785$478$283$164$108
41 years$1,203$748$448$261$149$97
42 years$1,161$712$420$241$135$87
43 years$1,121$678$395$223$123$78
44 years$1,084$647$370$205$111$70
45 years$1,048$617$348$190$101$62
46 years$1,013$588$327$175$92$56
47 years$980$561$307$162$83$50
48 years$949$536$288$150$76$45
49 years$919$512$271$138$69$40
50 years$890$489$255$128$62$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $912,000, adding $3,863 every year, while hoping to spend $58,903 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: 56/29/15 Blend
44$912,000$912,000$912,000$912,000
45$1,009,009$960,673$946,537$1,061,358
46$1,049,255$945,073$915,573$1,081,739
47$1,091,633$926,735$881,599$1,097,196
48$1,136,296$905,463$844,449$1,112,684
49$1,183,415$881,047$803,955$1,128,218
50$1,233,174$853,268$759,937$1,143,815
51$1,285,772$821,893$712,210$1,159,502
52$1,341,431$786,676$660,579$1,175,309
53$1,400,388$747,354$604,840$1,191,271
54$1,462,907$703,654$544,781$1,207,435
55$1,529,272$655,282$480,180$1,223,854
56$1,599,797$601,929$410,805$1,240,590
57$1,674,823$543,271$336,414$1,257,719
58$1,754,725$478,961$256,754$1,275,327
59$1,839,913$408,636$171,561$1,293,516
60$1,930,835$331,910$80,559$1,312,404
61$2,027,984$248,378$0$1,332,125
62$2,131,899$157,608$0$1,355,485
63$2,243,170$59,149$0$1,393,945
64$2,362,446$0$0$1,434,852
65$2,490,438$0$0$1,493,643
66$2,627,927$0$0$1,577,127
67$2,775,768$0$0$1,666,957
68$2,934,903$0$0$1,763,713
69$3,106,364$0$0$1,868,029
70$3,291,285$0$0$1,980,605
71$3,490,912$0$0$2,102,208
72$3,706,615$0$0$2,233,681
73$3,939,897$0$0$2,375,951
74$4,192,414$0$0$2,530,038
75$4,465,982$0$0$2,697,061
76$4,762,602$0$0$2,878,253
77$5,084,471$0$0$3,074,968
78$5,434,007$0$0$3,288,697
79$5,813,870$0$0$3,521,079
80$6,226,986$0$0$3,773,917
81$6,676,572$0$0$4,049,196
82$7,166,171$0$0$4,349,100
83$7,699,679$0$0$4,676,030
84$8,281,386$0$0$5,032,631
85$8,916,011$0$0$5,421,815
86$9,608,751$0$0$5,846,785
87$10,365,325$0$0$6,311,068
88$11,192,028$0$0$6,818,548
89$12,095,793$0$0$7,373,498
90$13,084,250$0$0$7,980,626
91$14,165,802$0$0$8,645,115
92$15,349,702$0$0$9,372,672
93$16,646,137$0$0$10,169,580
94$18,066,329$0$0$11,042,761
95$19,622,631$0$0$11,999,837
96$21,328,653$0$0$13,049,203
97$23,199,382$0$0$14,200,103
98$25,251,323$0$0$15,462,721
99$27,502,660$0$0$16,848,274
100$29,973,417$0$0$18,369,116