Can I retire at age 45 with 914,000?

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 $914,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$75,477$74,805$74,149$73,509$72,884$70,635
2 years$37,365$36,669$35,995$35,341$34,706$32,461
3 years$24,663$23,964$23,291$22,643$22,019$19,847
4 years$18,313$17,616$16,950$16,313$15,704$13,622
5 years$14,504$13,811$13,154$12,530$11,938$9,951
6 years$11,965$11,278$10,630$10,020$9,446$7,557
7 years$10,153$9,471$8,834$8,238$7,682$5,890
8 years$8,794$8,118$7,492$6,911$6,373$4,677
9 years$7,738$7,069$6,453$5,887$5,367$3,765
10 years$6,893$6,231$5,626$5,074$4,573$3,063
11 years$6,203$5,547$4,953$4,416$3,933$2,512
12 years$5,628$4,978$4,395$3,874$3,408$2,073
13 years$5,141$4,499$3,927$3,420$2,972$1,720
14 years$4,725$4,090$3,528$3,036$2,605$1,433
15 years$4,365$3,736$3,186$2,707$2,294$1,198
16 years$4,049$3,428$2,888$2,424$2,027$1,004
17 years$3,772$3,157$2,628$2,178$1,798$844
18 years$3,525$2,917$2,399$1,963$1,598$710
19 years$3,305$2,703$2,196$1,774$1,425$599
20 years$3,106$2,512$2,016$1,606$1,273$505
21 years$2,927$2,340$1,854$1,458$1,139$427
22 years$2,765$2,184$1,709$1,326$1,021$361
23 years$2,617$2,043$1,578$1,207$916$306
24 years$2,481$1,914$1,459$1,101$824$259
25 years$2,356$1,796$1,351$1,006$741$220
26 years$2,242$1,688$1,253$919$668$186
27 years$2,135$1,589$1,164$842$602$158
28 years$2,037$1,497$1,082$771$543$134
29 years$1,946$1,412$1,007$707$490$114
30 years$1,861$1,334$938$649$443$97
31 years$1,781$1,261$874$596$401$82
32 years$1,707$1,193$816$548$362$70
33 years$1,637$1,130$762$504$328$59
34 years$1,571$1,071$712$463$297$50
35 years$1,510$1,016$665$427$269$43
36 years$1,452$964$622$393$244$36
37 years$1,397$916$583$362$221$31
38 years$1,345$870$546$334$200$26
39 years$1,296$827$511$308$182$22
40 years$1,250$787$479$284$165$19
41 years$1,206$749$449$262$149$16
42 years$1,164$714$421$242$136$14
43 years$1,124$680$395$223$123$12
44 years$1,086$648$371$206$112$10
45 years$1,050$618$349$190$101$8
46 years$1,015$590$327$176$92$7
47 years$983$563$308$162$84$6
48 years$951$537$289$150$76$5
49 years$921$513$272$139$69$4
50 years$892$490$255$128$63$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $914,000, adding $3,575 every year, while hoping to spend $21,011 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: 48/42/10 Blend
44$914,000$914,000$914,000$914,000
45$1,010,916$962,474$948,307$1,056,519
46$1,091,673$987,279$957,719$1,113,037
47$1,179,964$1,012,596$966,743$1,171,877
48$1,276,535$1,038,427$975,343$1,235,282
49$1,382,206$1,064,775$983,482$1,303,681
50$1,497,883$1,091,641$991,120$1,377,552
51$1,624,561$1,119,026$998,217$1,457,417
52$1,763,339$1,146,930$1,004,730$1,543,852
53$1,915,423$1,175,354$1,010,612$1,637,491
54$2,082,145$1,204,295$1,015,816$1,739,033
55$2,264,971$1,233,752$1,020,293$1,849,247
56$2,465,513$1,263,721$1,023,988$1,968,979
57$2,685,551$1,294,199$1,026,847$2,099,164
58$2,927,042$1,325,180$1,028,811$2,240,828
59$3,192,143$1,356,657$1,029,820$2,395,103
60$3,483,231$1,388,622$1,029,808$2,563,235
61$3,802,923$1,421,067$1,028,709$2,746,600
62$4,154,102$1,453,980$1,026,451$2,946,708
63$4,539,945$1,487,349$1,022,962$3,165,229
64$4,963,950$1,521,160$1,018,162$3,403,999
65$5,429,973$1,555,397$1,011,971$3,665,040
66$5,942,262$1,590,043$1,004,303$3,950,584
67$6,505,494$1,625,076$995,068$4,263,088
68$7,124,825$1,660,476$984,174$4,605,258
69$7,805,935$1,696,217$971,522$4,980,079
70$8,555,081$1,732,272$957,008$5,390,837
71$9,379,157$1,768,612$940,526$5,841,156
72$10,285,761$1,805,203$921,963$6,335,027
73$11,283,260$1,842,010$901,200$6,876,850
74$12,380,878$1,878,993$878,116$7,471,472
75$13,588,774$1,916,111$852,579$8,124,237
76$14,918,145$1,953,316$824,457$8,841,033
77$16,381,326$1,990,559$793,606$9,628,347
78$17,991,909$2,027,784$759,880$10,493,331
79$19,764,873$2,064,934$723,125$11,443,865
80$21,716,719$2,101,945$683,179$12,488,634
81$23,865,631$2,138,748$639,873$13,637,210
82$26,231,648$2,175,269$593,031$14,900,139
83$28,836,848$2,211,429$542,469$16,289,048
84$31,705,560$2,247,142$487,995$17,816,749
85$34,864,592$2,282,317$429,408$19,497,359
86$38,343,485$2,316,855$366,498$21,346,441
87$42,174,790$2,350,651$299,045$23,381,145
88$46,394,377$2,383,591$226,821$25,620,369
89$51,041,771$2,415,554$149,587$28,084,943
90$56,160,526$2,446,412$67,093$30,797,825
91$61,798,639$2,476,025$0$33,784,312
92$68,008,996$2,504,246$0$37,074,523
93$74,849,876$2,530,917$0$40,704,737
94$82,385,501$2,555,869$0$44,701,682
95$90,686,640$2,578,924$0$49,102,715
96$99,831,276$2,599,890$0$53,949,001
97$109,905,344$2,618,563$0$59,285,906
98$121,003,543$2,634,726$0$65,163,426
99$133,230,225$2,648,149$0$71,636,658
100$146,700,385$2,658,585$0$78,766,321