Can I retire at age 45 with 921,000?

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 $921,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$76,055$75,378$74,717$74,072$73,442$72,374
2 years$37,651$36,950$36,270$35,611$34,972$33,899
3 years$24,851$24,147$23,469$22,817$22,188$21,142
4 years$18,453$17,751$17,080$16,438$15,825$14,815
5 years$14,615$13,917$13,255$12,626$12,030$11,058
6 years$12,057$11,364$10,712$10,097$9,519$8,587
7 years$10,230$9,544$8,901$8,301$7,741$6,850
8 years$8,861$8,181$7,549$6,964$6,422$5,570
9 years$7,797$7,123$6,502$5,932$5,408$4,596
10 years$6,946$6,278$5,669$5,113$4,608$3,835
11 years$6,250$5,589$4,991$4,450$3,963$3,228
12 years$5,671$5,017$4,429$3,903$3,434$2,737
13 years$5,181$4,534$3,957$3,446$2,995$2,333
14 years$4,761$4,121$3,555$3,059$2,625$1,999
15 years$4,398$3,764$3,210$2,728$2,311$1,719
16 years$4,080$3,454$2,910$2,443$2,043$1,484
17 years$3,800$3,181$2,648$2,195$1,811$1,284
18 years$3,552$2,939$2,418$1,978$1,611$1,114
19 years$3,330$2,724$2,213$1,787$1,436$968
20 years$3,130$2,531$2,031$1,619$1,282$843
21 years$2,950$2,358$1,868$1,469$1,147$735
22 years$2,786$2,201$1,722$1,336$1,029$642
23 years$2,637$2,058$1,590$1,216$923$561
24 years$2,500$1,929$1,470$1,109$830$491
25 years$2,374$1,810$1,362$1,013$747$430
26 years$2,259$1,701$1,263$926$673$377
27 years$2,152$1,601$1,173$848$606$331
28 years$2,053$1,509$1,090$777$547$290
29 years$1,961$1,423$1,015$712$494$255
30 years$1,875$1,344$945$654$446$224
31 years$1,795$1,271$881$601$404$197
32 years$1,720$1,202$822$552$365$173
33 years$1,649$1,138$768$508$330$152
34 years$1,583$1,079$717$467$299$134
35 years$1,521$1,023$670$430$271$118
36 years$1,463$971$627$396$246$103
37 years$1,408$923$587$365$223$91
38 years$1,355$877$550$336$202$80
39 years$1,306$834$515$310$183$71
40 years$1,259$793$483$286$166$62
41 years$1,215$755$453$264$151$55
42 years$1,173$719$425$243$137$48
43 years$1,132$685$398$225$124$42
44 years$1,094$653$374$208$113$37
45 years$1,058$623$351$192$102$33
46 years$1,023$594$330$177$93$29
47 years$990$567$310$164$84$25
48 years$958$541$291$151$76$22
49 years$928$517$274$140$69$20
50 years$899$494$257$129$63$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $921,000, adding $2,527 every year, while hoping to spend $27,951 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: 43/44/13 Blend
44$921,000$921,000$921,000$921,000
45$1,017,549$968,736$954,460$1,057,360
46$1,091,599$986,464$956,695$1,103,189
47$1,172,266$1,004,124$958,068$1,149,815
48$1,260,194$1,021,684$958,520$1,199,714
49$1,356,094$1,039,107$957,991$1,253,197
50$1,460,748$1,056,355$956,416$1,310,610
51$1,575,016$1,073,388$953,728$1,372,332
52$1,699,846$1,090,162$949,856$1,438,782
53$1,836,280$1,106,630$944,725$1,510,422
54$1,985,466$1,122,740$938,259$1,587,764
55$2,148,668$1,138,439$930,376$1,671,370
56$2,327,279$1,153,669$920,990$1,761,861
57$2,522,830$1,168,368$910,012$1,859,924
58$2,737,010$1,182,470$897,349$1,966,315
59$2,971,678$1,195,903$882,902$2,081,868
60$3,228,879$1,208,593$866,570$2,207,506
61$3,510,869$1,220,458$848,244$2,344,245
62$3,820,130$1,231,412$827,813$2,493,206
63$4,159,397$1,241,365$805,158$2,655,629
64$4,531,681$1,250,219$780,157$2,832,878
65$4,940,302$1,257,869$752,682$3,026,461
66$5,388,914$1,264,205$722,597$3,238,040
67$5,881,542$1,269,110$689,763$3,469,451
68$6,422,621$1,272,458$654,032$3,722,717
69$7,017,037$1,274,117$615,251$4,000,071
70$7,670,171$1,273,945$573,258$4,303,978
71$8,387,953$1,271,793$527,887$4,637,154
72$9,176,915$1,267,502$478,962$5,002,599
73$10,044,252$1,260,901$426,299$5,403,621
74$10,997,894$1,251,814$369,708$5,843,867
75$12,046,575$1,240,048$308,989$6,327,362
76$13,199,919$1,225,403$243,933$6,858,546
77$14,468,528$1,207,666$174,322$7,442,315
78$15,864,085$1,186,609$99,929$8,084,071
79$17,399,462$1,161,992$20,517$8,789,769
80$19,088,840$1,133,563$0$9,565,981
81$20,947,845$1,101,052$0$10,428,861
82$22,993,696$1,064,173$0$11,381,107
83$25,245,362$1,022,627$0$12,428,720
84$27,723,747$976,094$0$13,581,459
85$30,451,882$924,236$0$14,850,081
86$33,455,148$866,697$0$16,246,448
87$36,761,507$803,099$0$17,783,637
88$40,401,774$733,045$0$19,476,063
89$44,409,903$656,111$0$21,339,623
90$48,823,305$571,853$0$23,391,838
91$53,683,207$479,799$0$25,652,026
92$59,035,037$379,452$0$28,141,484
93$64,928,853$270,287$0$30,883,689
94$71,419,813$151,748$0$33,904,523
95$78,568,700$23,249$0$37,232,516
96$86,442,491$0$0$40,899,122
97$95,114,993$0$0$44,995,093
98$104,667,533$0$0$49,519,263
99$115,189,733$0$0$54,502,840
100$126,780,351$0$0$59,992,620