Can I retire at age 45 with 919,000?

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 $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%15.2%
1 years$75,890$75,214$74,555$73,911$73,282$71,715
2 years$37,569$36,870$36,192$35,534$34,896$33,325
3 years$24,797$24,095$23,418$22,767$22,140$20,613
4 years$18,413$17,712$17,043$16,402$15,790$14,320
5 years$14,583$13,887$13,226$12,599$12,003$10,594
6 years$12,031$11,339$10,688$10,075$9,498$8,151
7 years$10,208$9,523$8,882$8,283$7,724$6,440
8 years$8,842$8,163$7,533$6,949$6,408$5,186
9 years$7,780$7,107$6,488$5,919$5,397$4,236
10 years$6,931$6,265$5,656$5,102$4,598$3,498
11 years$6,236$5,577$4,980$4,440$3,955$2,913
12 years$5,658$5,006$4,419$3,895$3,427$2,442
13 years$5,170$4,524$3,948$3,438$2,988$2,059
14 years$4,751$4,112$3,548$3,052$2,620$1,744
15 years$4,388$3,756$3,203$2,722$2,306$1,483
16 years$4,072$3,446$2,904$2,437$2,038$1,264
17 years$3,792$3,174$2,643$2,190$1,807$1,081
18 years$3,544$2,933$2,412$1,974$1,607$926
19 years$3,323$2,718$2,208$1,783$1,432$795
20 years$3,123$2,526$2,027$1,615$1,279$684
21 years$2,943$2,353$1,864$1,466$1,145$589
22 years$2,780$2,196$1,718$1,333$1,026$507
23 years$2,631$2,054$1,586$1,214$921$438
24 years$2,495$1,924$1,467$1,107$828$378
25 years$2,369$1,806$1,359$1,011$745$327
26 years$2,254$1,697$1,260$924$671$282
27 years$2,147$1,597$1,170$846$605$244
28 years$2,048$1,505$1,088$775$546$211
29 years$1,956$1,420$1,012$711$493$183
30 years$1,871$1,341$943$652$446$159
31 years$1,791$1,268$879$599$403$137
32 years$1,716$1,200$820$551$364$119
33 years$1,646$1,136$766$506$330$103
34 years$1,580$1,077$716$466$299$89
35 years$1,518$1,021$669$429$270$78
36 years$1,460$969$626$395$245$67
37 years$1,404$921$586$364$222$58
38 years$1,352$875$549$335$201$51
39 years$1,303$832$514$309$183$44
40 years$1,256$792$482$285$166$38
41 years$1,212$753$452$263$150$33
42 years$1,170$718$424$243$136$29
43 years$1,130$684$398$224$124$25
44 years$1,092$652$373$207$112$22
45 years$1,056$621$350$191$102$19
46 years$1,021$593$329$177$93$16
47 years$988$566$309$163$84$14
48 years$956$540$291$151$76$12
49 years$926$516$273$139$69$11
50 years$897$493$257$129$63$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $919,000, adding $2,095 every year, while hoping to spend $34,635 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: 50/29/21 Blend
44$919,000$919,000$919,000$919,000
45$1,014,899$966,192$951,947$1,059,584
46$1,081,567$976,684$946,986$1,101,252
47$1,153,875$986,529$940,698$1,142,808
48$1,232,361$995,660$933,002$1,187,247
49$1,317,617$1,004,002$923,813$1,234,856
50$1,410,295$1,011,480$913,042$1,285,951
51$1,511,112$1,018,009$900,596$1,340,881
52$1,620,857$1,023,504$886,378$1,400,034
53$1,740,398$1,027,869$870,285$1,463,837
54$1,870,690$1,031,005$852,210$1,532,764
55$2,012,784$1,032,808$832,043$1,607,336
56$2,167,837$1,033,165$809,665$1,688,133
57$2,337,122$1,031,956$784,955$1,775,793
58$2,522,041$1,029,055$757,784$1,871,022
59$2,724,139$1,024,327$728,019$1,974,601
60$2,945,113$1,017,631$695,519$2,087,392
61$3,186,834$1,008,815$660,139$2,210,349
62$3,451,362$997,718$621,725$2,344,525
63$3,740,966$984,171$580,117$2,491,083
64$4,058,142$967,993$535,149$2,651,308
65$4,405,642$948,994$486,646$2,826,620
66$4,786,494$926,971$434,425$3,018,588
67$5,204,035$901,711$378,296$3,228,943
68$5,661,938$872,987$318,061$3,459,597
69$6,164,251$840,558$253,511$3,712,662
70$6,715,430$804,171$184,430$3,990,471
71$7,320,387$763,558$110,591$4,295,598
72$7,984,528$718,435$31,758$4,630,886
73$8,713,812$668,500$0$4,999,471
74$9,514,801$613,437$0$5,416,554
75$10,394,725$552,909$0$5,882,578
76$11,361,548$486,562$0$6,394,701
77$12,424,043$414,021$0$6,957,642
78$13,591,876$334,889$0$7,576,605
79$14,875,697$248,748$0$8,257,332
80$16,287,237$155,156$0$9,006,151
81$17,839,422$53,645$0$9,830,042
82$19,546,493$0$0$10,736,702
83$21,424,140$0$0$11,752,574
84$23,489,649$0$0$12,889,028
85$25,762,069$0$0$14,139,437
86$28,262,384$0$0$15,515,364
87$31,013,718$0$0$17,029,547
88$34,041,548$0$0$18,696,022
89$37,373,946$0$0$20,530,256
90$41,041,844$0$0$22,549,290
91$45,079,324$0$0$24,771,901
92$49,523,939$0$0$27,218,780
93$54,417,072$0$0$29,912,725
94$59,804,316$0$0$32,878,858
95$65,735,916$0$0$36,144,860
96$72,267,234$0$0$39,741,234
97$79,459,272$0$0$43,701,590
98$87,379,253$0$0$48,062,964
99$96,101,249$0$0$52,866,170
100$105,706,882$0$0$58,156,176