Can I retire at age 45 with 919,000?

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 $919,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$75,890$75,214$74,555$73,911$73,282$70,598
2 years$37,569$36,870$36,192$35,534$34,896$32,222
3 years$24,797$24,095$23,418$22,767$22,140$19,559
4 years$18,413$17,712$17,043$16,402$15,790$13,323
5 years$14,583$13,887$13,226$12,599$12,003$9,656
6 years$12,031$11,339$10,688$10,075$9,498$7,273
7 years$10,208$9,523$8,882$8,283$7,724$5,620
8 years$8,842$8,163$7,533$6,949$6,408$4,423
9 years$7,780$7,107$6,488$5,919$5,397$3,528
10 years$6,931$6,265$5,656$5,102$4,598$2,843
11 years$6,236$5,577$4,980$4,440$3,955$2,309
12 years$5,658$5,006$4,419$3,895$3,427$1,887
13 years$5,170$4,524$3,948$3,438$2,988$1,550
14 years$4,751$4,112$3,548$3,052$2,620$1,278
15 years$4,388$3,756$3,203$2,722$2,306$1,057
16 years$4,072$3,446$2,904$2,437$2,038$876
17 years$3,792$3,174$2,643$2,190$1,807$728
18 years$3,544$2,933$2,412$1,974$1,607$606
19 years$3,323$2,718$2,208$1,783$1,432$505
20 years$3,123$2,526$2,027$1,615$1,279$422
21 years$2,943$2,353$1,864$1,466$1,145$352
22 years$2,780$2,196$1,718$1,333$1,026$295
23 years$2,631$2,054$1,586$1,214$921$246
24 years$2,495$1,924$1,467$1,107$828$206
25 years$2,369$1,806$1,359$1,011$745$173
26 years$2,254$1,697$1,260$924$671$145
27 years$2,147$1,597$1,170$846$605$121
28 years$2,048$1,505$1,088$775$546$102
29 years$1,956$1,420$1,012$711$493$85
30 years$1,871$1,341$943$652$446$72
31 years$1,791$1,268$879$599$403$60
32 years$1,716$1,200$820$551$364$50
33 years$1,646$1,136$766$506$330$42
34 years$1,580$1,077$716$466$299$35
35 years$1,518$1,021$669$429$270$30
36 years$1,460$969$626$395$245$25
37 years$1,404$921$586$364$222$21
38 years$1,352$875$549$335$201$18
39 years$1,303$832$514$309$183$15
40 years$1,256$792$482$285$166$12
41 years$1,212$753$452$263$150$10
42 years$1,170$718$424$243$136$9
43 years$1,130$684$398$224$124$7
44 years$1,092$652$373$207$112$6
45 years$1,056$621$350$191$102$5
46 years$1,021$593$329$177$93$4
47 years$988$566$309$163$84$4
48 years$956$540$291$151$76$3
49 years$926$516$273$139$69$3
50 years$897$493$257$129$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $919,000, adding $6,390 every year, while hoping to spend $35,449 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: 31/43/26 Blend
44$919,000$919,000$919,000$919,000
45$1,019,329$970,622$956,378$1,042,625
46$1,085,583$980,465$950,699$1,070,894
47$1,157,407$989,603$943,642$1,097,728
48$1,235,332$997,962$935,123$1,125,906
49$1,319,940$1,005,467$925,054$1,155,567
50$1,411,875$1,012,036$913,344$1,186,870
51$1,511,842$1,017,581$899,897$1,219,992
52$1,620,619$1,022,011$884,612$1,255,128
53$1,739,059$1,025,227$867,384$1,292,499
54$1,868,104$1,027,124$848,102$1,332,348
55$2,008,789$1,027,592$826,652$1,374,950
56$2,162,254$1,026,512$802,913$1,420,606
57$2,329,751$1,023,758$776,758$1,469,656
58$2,512,662$1,019,199$748,056$1,522,476
59$2,712,507$1,012,693$716,669$1,579,484
60$2,930,957$1,004,089$682,452$1,641,145
61$3,169,856$993,230$645,255$1,707,977
62$3,431,230$979,947$604,920$1,780,553
63$3,717,312$964,062$561,282$1,859,513
64$4,030,562$945,385$514,169$1,945,565
65$4,373,688$923,717$463,402$2,039,496
66$4,749,670$898,846$408,792$2,142,177
67$5,161,794$870,546$350,143$2,254,578
68$5,613,675$838,581$287,251$2,377,771
69$6,109,297$802,699$219,902$2,512,948
70$6,653,048$762,635$147,872$2,661,426
71$7,249,761$718,106$70,927$2,824,667
72$7,904,759$668,815$0$3,004,291
73$8,623,906$614,448$0$3,205,193
74$9,413,661$554,672$0$3,447,457
75$10,281,139$489,136$0$3,713,657
76$11,234,180$417,468$0$4,006,302
77$12,281,418$339,276$0$4,328,165
78$13,432,367$254,145$0$4,682,308
79$14,697,508$161,638$0$5,072,113
80$16,088,386$61,291$0$5,501,316
81$17,617,724$0$0$5,974,042
82$19,299,537$0$0$6,517,265
83$21,149,265$0$0$7,146,781
84$23,183,924$0$0$7,839,396
85$25,422,256$0$0$8,601,514
86$27,884,916$0$0$9,440,185
87$30,594,659$0$0$10,363,183
88$33,576,559$0$0$11,379,070
89$36,858,242$0$0$12,497,281
90$40,470,147$0$0$13,728,212
91$44,445,817$0$0$15,083,318
92$48,822,208$0$0$16,575,223
93$53,640,043$0$0$18,217,834
94$58,944,193$0$0$20,026,477
95$64,784,102$0$0$22,018,041
96$71,214,251$0$0$24,211,133
97$78,294,673$0$0$26,626,259
98$86,091,520$0$0$29,286,014
99$94,677,686$0$0$32,215,295
100$104,133,493$0$0$35,441,541