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%14.7%
1 years$76,386$75,705$75,041$74,393$73,761$72,331
2 years$37,815$37,110$36,428$35,766$35,124$33,689
3 years$24,959$24,252$23,571$22,916$22,284$20,889
4 years$18,533$17,828$17,154$16,509$15,893$14,549
5 years$14,678$13,977$13,312$12,681$12,082$10,792
6 years$12,109$11,413$10,758$10,141$9,560$8,326
7 years$10,275$9,585$8,940$8,337$7,775$6,597
8 years$8,900$8,216$7,582$6,994$6,450$5,328
9 years$7,831$7,154$6,530$5,957$5,432$4,365
10 years$6,976$6,306$5,693$5,135$4,628$3,615
11 years$6,277$5,613$5,012$4,469$3,980$3,020
12 years$5,695$5,038$4,448$3,920$3,449$2,541
13 years$5,203$4,553$3,974$3,461$3,008$2,149
14 years$4,782$4,139$3,571$3,072$2,637$1,826
15 years$4,417$3,781$3,224$2,740$2,322$1,558
16 years$4,098$3,469$2,923$2,453$2,052$1,333
17 years$3,817$3,195$2,660$2,204$1,819$1,144
18 years$3,567$2,952$2,428$1,986$1,618$984
19 years$3,344$2,736$2,223$1,795$1,442$848
20 years$3,144$2,542$2,040$1,626$1,288$732
21 years$2,963$2,368$1,876$1,475$1,152$632
22 years$2,798$2,211$1,729$1,341$1,033$547
23 years$2,648$2,067$1,597$1,222$927$474
24 years$2,511$1,937$1,477$1,114$833$411
25 years$2,385$1,818$1,368$1,018$750$356
26 years$2,269$1,708$1,269$930$676$309
27 years$2,161$1,608$1,178$852$609$269
28 years$2,062$1,515$1,095$780$550$234
29 years$1,969$1,429$1,019$716$496$203
30 years$1,883$1,350$949$657$448$177
31 years$1,802$1,276$885$603$405$154
32 years$1,727$1,207$826$554$367$134
33 years$1,657$1,143$771$510$332$116
34 years$1,590$1,084$720$469$300$101
35 years$1,528$1,028$673$432$272$88
36 years$1,469$976$630$398$247$77
37 years$1,414$927$590$366$223$67
38 years$1,361$881$552$338$203$58
39 years$1,312$837$517$311$184$51
40 years$1,265$797$485$287$167$44
41 years$1,220$758$455$265$151$39
42 years$1,178$722$426$245$137$34
43 years$1,137$688$400$226$125$29
44 years$1,099$656$376$208$113$26
45 years$1,062$626$353$192$103$22
46 years$1,028$597$331$178$93$19
47 years$994$569$311$164$85$17
48 years$963$544$292$152$77$15
49 years$932$519$275$140$70$13
50 years$903$496$258$130$63$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $925,000, adding $3,367 every year, while hoping to spend $48,751 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: 69/25/6 Blend
44$925,000$925,000$925,000$925,000
45$1,022,823$973,798$959,461$1,092,315
46$1,075,280$969,643$939,732$1,134,574
47$1,131,454$963,651$917,708$1,174,489
48$1,191,673$955,680$893,261$1,216,814
49$1,256,295$945,580$866,257$1,261,775
50$1,325,715$933,192$836,555$1,309,622
51$1,400,367$918,347$804,008$1,360,630
52$1,480,724$900,866$768,463$1,415,106
53$1,567,311$880,561$729,759$1,473,386
54$1,660,699$857,231$687,728$1,535,844
55$1,761,518$830,664$642,195$1,602,891
56$1,870,461$800,634$592,977$1,674,985
57$1,988,289$766,906$539,882$1,752,629
58$2,115,836$729,226$482,710$1,836,382
59$2,254,023$687,329$421,252$1,926,858
60$2,403,859$640,935$355,290$2,024,741
61$2,566,457$589,744$284,596$2,130,781
62$2,743,037$533,444$208,932$2,245,813
63$2,934,945$471,700$128,050$2,370,756
64$3,143,659$404,164$41,689$2,506,625
65$3,370,807$330,462$0$2,654,546
66$3,618,178$250,204$0$2,818,989
67$3,887,743$162,975$0$3,001,154
68$4,181,670$68,337$0$3,199,902
69$4,502,345$0$0$3,416,927
70$4,852,394$0$0$3,663,499
71$5,234,708$0$0$3,953,379
72$5,652,471$0$0$4,270,187
73$6,109,186$0$0$4,616,587
74$6,608,711$0$0$4,995,512
75$7,155,294$0$0$5,410,189
76$7,753,612$0$0$5,864,176
77$8,408,815$0$0$6,361,387
78$9,126,575$0$0$6,906,133
79$9,913,139$0$0$7,503,165
80$10,775,386$0$0$8,157,710
81$11,720,892$0$0$8,875,530
82$12,758,001$0$0$9,662,968
83$13,895,905$0$0$10,527,012
84$15,144,728$0$0$11,475,358
85$16,515,622$0$0$12,516,486
86$18,020,869$0$0$13,659,734
87$19,674,003$0$0$14,915,390
88$21,489,929$0$0$16,294,787
89$23,485,068$0$0$17,810,411
90$25,677,511$0$0$19,476,015
91$28,087,188$0$0$21,306,752
92$30,736,055$0$0$23,319,317
93$33,648,301$0$0$25,532,100
94$36,850,577$0$0$27,965,365
95$40,372,246$0$0$30,641,437
96$44,245,656$0$0$33,584,911
97$48,506,450$0$0$36,822,887
98$53,193,899$0$0$40,385,226
99$58,351,272$0$0$44,304,825
100$64,026,241$0$0$48,617,932