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%12.6%
1 years$75,890$75,214$74,555$73,911$73,282$72,487
2 years$37,569$36,870$36,192$35,534$34,896$34,095
3 years$24,797$24,095$23,418$22,767$22,140$21,358
4 years$18,413$17,712$17,043$16,402$15,790$15,034
5 years$14,583$13,887$13,226$12,599$12,003$11,275
6 years$12,031$11,339$10,688$10,075$9,498$8,798
7 years$10,208$9,523$8,882$8,283$7,724$7,053
8 years$8,842$8,163$7,533$6,949$6,408$5,766
9 years$7,780$7,107$6,488$5,919$5,397$4,783
10 years$6,931$6,265$5,656$5,102$4,598$4,012
11 years$6,236$5,577$4,980$4,440$3,955$3,396
12 years$5,658$5,006$4,419$3,895$3,427$2,896
13 years$5,170$4,524$3,948$3,438$2,988$2,484
14 years$4,751$4,112$3,548$3,052$2,620$2,141
15 years$4,388$3,756$3,203$2,722$2,306$1,852
16 years$4,072$3,446$2,904$2,437$2,038$1,609
17 years$3,792$3,174$2,643$2,190$1,807$1,401
18 years$3,544$2,933$2,412$1,974$1,607$1,223
19 years$3,323$2,718$2,208$1,783$1,432$1,070
20 years$3,123$2,526$2,027$1,615$1,279$938
21 years$2,943$2,353$1,864$1,466$1,145$824
22 years$2,780$2,196$1,718$1,333$1,026$724
23 years$2,631$2,054$1,586$1,214$921$638
24 years$2,495$1,924$1,467$1,107$828$562
25 years$2,369$1,806$1,359$1,011$745$496
26 years$2,254$1,697$1,260$924$671$437
27 years$2,147$1,597$1,170$846$605$386
28 years$2,048$1,505$1,088$775$546$342
29 years$1,956$1,420$1,012$711$493$302
30 years$1,871$1,341$943$652$446$267
31 years$1,791$1,268$879$599$403$237
32 years$1,716$1,200$820$551$364$210
33 years$1,646$1,136$766$506$330$186
34 years$1,580$1,077$716$466$299$164
35 years$1,518$1,021$669$429$270$146
36 years$1,460$969$626$395$245$129
37 years$1,404$921$586$364$222$115
38 years$1,352$875$549$335$201$102
39 years$1,303$832$514$309$183$90
40 years$1,256$792$482$285$166$80
41 years$1,212$753$452$263$150$71
42 years$1,170$718$424$243$136$63
43 years$1,130$684$398$224$124$56
44 years$1,092$652$373$207$112$50
45 years$1,056$621$350$191$102$44
46 years$1,021$593$329$177$93$39
47 years$988$566$309$163$84$35
48 years$956$540$291$151$76$31
49 years$926$516$273$139$69$27
50 years$897$493$257$129$63$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $919,000, adding $3,294 every year, while hoping to spend $23,687 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: 42/44/14 Blend
44$919,000$919,000$919,000$919,000
45$1,016,136$967,429$953,184$1,054,516
46$1,094,579$989,630$959,913$1,104,020
47$1,180,229$1,012,125$966,074$1,154,991
48$1,273,797$1,034,904$971,621$1,209,671
49$1,376,064$1,057,954$976,511$1,268,409
50$1,487,891$1,081,262$980,692$1,331,590
51$1,610,226$1,104,813$984,115$1,399,639
52$1,744,111$1,128,592$986,725$1,473,024
53$1,890,697$1,152,579$988,467$1,552,260
54$2,051,248$1,176,756$989,281$1,637,914
55$2,227,158$1,201,099$989,104$1,730,613
56$2,419,961$1,225,586$987,872$1,831,046
57$2,631,348$1,250,191$985,517$1,939,975
58$2,863,179$1,274,884$981,965$2,058,236
59$3,117,505$1,299,635$977,143$2,186,754
60$3,396,585$1,324,411$970,971$2,326,548
61$3,702,905$1,349,176$963,367$2,478,740
62$4,039,205$1,373,889$954,244$2,644,568
63$4,408,504$1,398,510$943,512$2,825,395
64$4,814,127$1,422,992$931,074$3,022,727
65$5,259,736$1,447,287$916,833$3,238,221
66$5,749,365$1,471,340$900,684$3,473,706
67$6,287,461$1,495,097$882,517$3,731,196
68$6,878,920$1,518,494$862,219$4,012,915
69$7,529,137$1,541,467$839,671$4,321,311
70$8,244,056$1,563,946$814,747$4,659,085
71$9,030,225$1,585,856$787,316$5,029,215
72$9,894,860$1,607,114$757,244$5,434,982
73$10,845,910$1,627,637$724,385$5,880,007
74$11,892,133$1,647,331$688,592$6,368,279
75$13,043,178$1,666,098$649,707$6,904,195
76$14,309,678$1,683,833$607,569$7,492,606
77$15,703,349$1,700,424$562,006$8,138,857
78$17,237,098$1,715,752$512,840$8,848,841
79$18,925,147$1,729,689$459,886$9,629,057
80$20,783,168$1,742,100$402,948$10,486,666
81$22,828,428$1,752,840$341,824$11,429,565
82$25,079,954$1,761,756$276,301$12,466,458
83$27,558,712$1,768,684$206,159$13,606,943
84$30,287,801$1,773,450$131,167$14,861,597
85$33,292,678$1,775,870$51,082$16,242,081
86$36,601,391$1,775,748$0$17,761,253
87$40,244,848$1,772,875$0$19,438,418
88$44,257,106$1,767,029$0$21,292,540
89$48,675,694$1,757,977$0$23,333,240
90$53,541,965$1,745,468$0$25,579,544
91$58,901,489$1,729,239$0$28,052,420
92$64,804,478$1,709,010$0$30,774,980
93$71,306,267$1,684,483$0$33,772,697
94$78,467,827$1,655,343$0$37,073,646
95$86,356,348$1,621,258$0$40,708,771
96$95,045,870$1,581,874$0$44,712,177
97$104,617,980$1,536,817$0$49,121,453
98$115,162,585$1,485,692$0$53,978,028
99$126,778,756$1,428,079$0$59,327,564
100$139,575,669$1,363,534$0$65,220,386