Can I retire at age 45 with 912,000?

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 $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%12.1%
1 years$75,312$74,641$73,987$73,348$72,724$72,085
2 years$37,283$36,589$35,916$35,263$34,631$33,986
3 years$24,609$23,911$23,240$22,594$21,971$21,342
4 years$18,273$17,577$16,913$16,277$15,670$15,061
5 years$14,472$13,781$13,125$12,503$11,912$11,324
6 years$11,939$11,253$10,607$9,998$9,426$8,860
7 years$10,130$9,450$8,814$8,220$7,666$7,123
8 years$8,775$8,101$7,475$6,896$6,359$5,839
9 years$7,721$7,053$6,438$5,874$5,355$4,858
10 years$6,878$6,217$5,613$5,063$4,563$4,088
11 years$6,189$5,535$4,942$4,406$3,924$3,471
12 years$5,615$4,968$4,386$3,865$3,401$2,969
13 years$5,130$4,489$3,918$3,412$2,966$2,555
14 years$4,715$4,081$3,521$3,029$2,600$2,209
15 years$4,355$3,728$3,179$2,701$2,289$1,918
16 years$4,041$3,420$2,882$2,419$2,023$1,671
17 years$3,763$3,150$2,622$2,173$1,794$1,461
18 years$3,517$2,911$2,394$1,959$1,595$1,280
19 years$3,297$2,697$2,192$1,770$1,422$1,124
20 years$3,100$2,507$2,011$1,603$1,270$989
21 years$2,921$2,335$1,850$1,455$1,136$872
22 years$2,759$2,179$1,705$1,323$1,019$769
23 years$2,611$2,038$1,574$1,205$914$680
24 years$2,476$1,910$1,456$1,099$822$601
25 years$2,351$1,792$1,349$1,003$739$532
26 years$2,237$1,684$1,251$917$666$472
27 years$2,131$1,585$1,161$840$601$418
28 years$2,033$1,494$1,080$769$542$371
29 years$1,941$1,409$1,005$705$489$330
30 years$1,856$1,331$936$647$442$293
31 years$1,777$1,258$872$595$400$260
32 years$1,703$1,190$814$547$362$232
33 years$1,633$1,127$760$503$327$206
34 years$1,568$1,068$710$462$296$183
35 years$1,506$1,013$664$426$268$163
36 years$1,448$962$621$392$243$145
37 years$1,394$914$581$361$220$129
38 years$1,342$868$544$333$200$115
39 years$1,293$826$510$307$181$103
40 years$1,247$785$478$283$164$91
41 years$1,203$748$448$261$149$81
42 years$1,161$712$420$241$135$73
43 years$1,121$678$395$223$123$65
44 years$1,084$647$370$205$111$58
45 years$1,048$617$348$190$101$51
46 years$1,013$588$327$175$92$46
47 years$980$561$307$162$83$41
48 years$949$536$288$150$76$36
49 years$919$512$271$138$69$32
50 years$890$489$255$128$62$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $912,000, adding $4,466 every year, while hoping to spend $39,953 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: 64/13/23 Blend
44$912,000$912,000$912,000$912,000
45$1,009,631$961,295$947,159$1,067,943
46$1,070,103$965,888$936,379$1,112,396
47$1,135,405$969,368$923,899$1,156,066
48$1,205,986$971,637$909,619$1,202,871
49$1,282,342$972,593$893,437$1,253,120
50$1,365,017$972,126$875,243$1,307,156
51$1,454,608$970,119$854,923$1,365,360
52$1,551,775$966,451$832,359$1,428,150
53$1,657,239$960,991$807,426$1,495,988
54$1,771,797$953,599$779,994$1,569,387
55$1,896,323$944,128$749,928$1,648,910
56$2,031,781$932,424$717,083$1,735,183
57$2,179,230$918,319$681,313$1,828,895
58$2,339,835$901,641$642,460$1,930,806
59$2,514,879$882,202$600,364$2,041,758
60$2,705,773$859,807$554,853$2,162,679
61$2,914,072$834,247$505,750$2,294,594
62$3,141,485$805,303$452,870$2,438,636
63$3,389,894$772,740$396,019$2,596,054
64$3,661,373$736,314$334,995$2,768,230
65$3,958,202$695,763$269,587$2,956,685
66$4,282,894$650,810$199,573$3,163,103
67$4,638,215$601,166$124,724$3,389,339
68$5,027,210$546,520$44,800$3,637,443
69$5,453,233$486,547$0$3,909,675
70$5,919,978$420,903$0$4,218,471
71$6,431,512$349,224$0$4,569,024
72$6,992,315$271,124$0$4,953,437
73$7,607,321$186,199$0$5,375,132
74$8,281,964$94,019$0$5,837,884
75$9,022,229$0$0$6,345,851
76$9,834,710$0$0$6,904,458
77$10,726,669$0$0$7,532,537
78$11,706,105$0$0$8,222,282
79$12,781,831$0$0$8,979,905
80$13,963,555$0$0$9,812,253
81$15,261,970$0$0$10,726,867
82$16,688,860$0$0$11,732,055
83$18,257,202$0$0$12,836,970
84$19,981,297$0$0$14,051,697
85$21,876,898$0$0$15,387,344
86$23,961,362$0$0$16,856,152
87$26,253,812$0$0$18,471,606
88$28,775,315$0$0$20,248,565
89$31,549,086$0$0$22,203,398
90$34,600,700$0$0$24,354,143
91$37,958,338$0$0$26,720,673
92$41,653,048$0$0$29,324,884
93$45,719,042$0$0$32,190,905
94$50,194,014$0$0$35,345,318
95$55,119,500$0$0$38,817,416
96$60,541,265$0$0$42,639,475
97$66,509,737$0$0$46,847,058
98$73,080,481$0$0$51,479,353
99$80,314,723$0$0$56,579,539
100$88,279,929$0$0$62,195,198