Can I retire at age 45 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$76,386$75,705$75,041$74,393$73,761$73,082
2 years$37,815$37,110$36,428$35,766$35,124$34,440
3 years$24,959$24,252$23,571$22,916$22,284$21,616
4 years$18,533$17,828$17,154$16,509$15,893$15,246
5 years$14,678$13,977$13,312$12,681$12,082$11,458
6 years$12,109$11,413$10,758$10,141$9,560$8,960
7 years$10,275$9,585$8,940$8,337$7,775$7,199
8 years$8,900$8,216$7,582$6,994$6,450$5,899
9 years$7,831$7,154$6,530$5,957$5,432$4,904
10 years$6,976$6,306$5,693$5,135$4,628$4,124
11 years$6,277$5,613$5,012$4,469$3,980$3,500
12 years$5,695$5,038$4,448$3,920$3,449$2,992
13 years$5,203$4,553$3,974$3,461$3,008$2,572
14 years$4,782$4,139$3,571$3,072$2,637$2,223
15 years$4,417$3,781$3,224$2,740$2,322$1,929
16 years$4,098$3,469$2,923$2,453$2,052$1,680
17 years$3,817$3,195$2,660$2,204$1,819$1,467
18 years$3,567$2,952$2,428$1,986$1,618$1,285
19 years$3,344$2,736$2,223$1,795$1,442$1,127
20 years$3,144$2,542$2,040$1,626$1,288$991
21 years$2,963$2,368$1,876$1,475$1,152$873
22 years$2,798$2,211$1,729$1,341$1,033$770
23 years$2,648$2,067$1,597$1,222$927$680
24 years$2,511$1,937$1,477$1,114$833$601
25 years$2,385$1,818$1,368$1,018$750$531
26 years$2,269$1,708$1,269$930$676$471
27 years$2,161$1,608$1,178$852$609$417
28 years$2,062$1,515$1,095$780$550$370
29 years$1,969$1,429$1,019$716$496$328
30 years$1,883$1,350$949$657$448$291
31 years$1,802$1,276$885$603$405$259
32 years$1,727$1,207$826$554$367$230
33 years$1,657$1,143$771$510$332$204
34 years$1,590$1,084$720$469$300$182
35 years$1,528$1,028$673$432$272$162
36 years$1,469$976$630$398$247$144
37 years$1,414$927$590$366$223$128
38 years$1,361$881$552$338$203$114
39 years$1,312$837$517$311$184$101
40 years$1,265$797$485$287$167$90
41 years$1,220$758$455$265$151$80
42 years$1,178$722$426$245$137$71
43 years$1,137$688$400$226$125$64
44 years$1,099$656$376$208$113$57
45 years$1,062$626$353$192$103$50
46 years$1,028$597$331$178$93$45
47 years$994$569$311$164$85$40
48 years$963$544$292$152$77$36
49 years$932$519$275$140$70$32
50 years$903$496$258$130$63$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $925,000, adding $3,531 every year, while hoping to spend $59,802 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: 62/19/19 Blend
44$925,000$925,000$925,000$925,000
45$1,022,992$973,967$959,630$1,081,221
46$1,063,709$958,063$928,148$1,104,997
47$1,106,574$939,375$893,608$1,123,935
48$1,151,744$917,703$855,844$1,143,225
49$1,199,388$892,838$814,681$1,162,907
50$1,249,693$864,554$769,940$1,183,028
51$1,302,860$832,615$721,431$1,203,642
52$1,359,109$796,771$668,956$1,224,810
53$1,418,681$756,756$612,310$1,246,604
54$1,481,840$712,290$551,275$1,269,105
55$1,548,872$663,076$485,627$1,292,407
56$1,620,091$608,801$415,130$1,316,615
57$1,695,842$549,134$339,539$1,341,851
58$1,776,500$483,724$258,595$1,368,251
59$1,862,477$412,201$172,033$1,395,971
60$1,954,225$334,173$79,570$1,425,185
61$2,052,236$249,229$0$1,456,092
62$2,157,053$156,930$0$1,492,788
63$2,269,270$56,816$0$1,549,118
64$2,389,536$0$0$1,609,282
65$2,518,567$0$0$1,684,453
66$2,657,147$0$0$1,777,991
67$2,806,134$0$0$1,878,605
68$2,966,474$0$0$1,986,938
69$3,139,202$0$0$2,103,697
70$3,325,459$0$0$2,229,660
71$3,526,495$0$0$2,365,679
72$3,743,685$0$0$2,512,693
73$3,978,539$0$0$2,671,733
74$4,232,717$0$0$2,843,931
75$4,508,045$0$0$3,030,533
76$4,806,530$0$0$3,232,909
77$5,130,378$0$0$3,452,565
78$5,482,016$0$0$3,691,158
79$5,864,114$0$0$3,950,510
80$6,279,609$0$0$4,232,625
81$6,731,731$0$0$4,539,711
82$7,224,034$0$0$4,874,192
83$7,760,431$0$0$5,238,741
84$8,345,226$0$0$5,636,296
85$8,983,158$0$0$6,070,093
86$9,679,439$0$0$6,543,693
87$10,439,812$0$0$7,061,014
88$11,270,594$0$0$7,626,374
89$12,178,742$0$0$8,244,521
90$13,171,916$0$0$8,920,688
91$14,258,548$0$0$9,660,634
92$15,447,924$0$0$10,470,700
93$16,750,269$0$0$11,357,870
94$18,176,843$0$0$12,329,835
95$19,740,047$0$0$13,395,065
96$21,453,535$0$0$14,562,886
97$23,332,350$0$0$15,843,574
98$25,393,056$0$0$17,248,443
99$27,653,899$0$0$18,789,957
100$30,134,977$0$0$20,481,844