Can I retire at age 45 with 926,000?

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 $926,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$76,468$75,787$75,123$74,474$73,841$71,136
2 years$37,856$37,151$36,467$35,805$35,162$32,467
3 years$24,986$24,278$23,597$22,940$22,308$19,708
4 years$18,553$17,847$17,172$16,527$15,910$13,425
5 years$14,694$13,992$13,326$12,695$12,095$9,730
6 years$12,122$11,426$10,770$10,152$9,570$7,328
7 years$10,286$9,595$8,950$8,346$7,783$5,663
8 years$8,909$8,225$7,590$7,002$6,457$4,457
9 years$7,839$7,161$6,537$5,964$5,438$3,555
10 years$6,984$6,312$5,699$5,141$4,633$2,865
11 years$6,284$5,620$5,018$4,474$3,985$2,327
12 years$5,701$5,044$4,453$3,924$3,453$1,901
13 years$5,209$4,558$3,978$3,465$3,011$1,561
14 years$4,787$4,143$3,575$3,076$2,640$1,287
15 years$4,422$3,785$3,227$2,743$2,324$1,065
16 years$4,103$3,473$2,926$2,456$2,054$883
17 years$3,821$3,198$2,663$2,207$1,821$734
18 years$3,571$2,955$2,431$1,989$1,619$611
19 years$3,348$2,739$2,225$1,797$1,443$509
20 years$3,147$2,545$2,042$1,627$1,289$425
21 years$2,966$2,371$1,878$1,477$1,154$355
22 years$2,801$2,213$1,731$1,343$1,034$297
23 years$2,651$2,070$1,598$1,223$928$248
24 years$2,514$1,939$1,478$1,115$834$208
25 years$2,387$1,820$1,369$1,019$751$174
26 years$2,271$1,710$1,270$931$676$146
27 years$2,164$1,610$1,179$853$610$122
28 years$2,064$1,517$1,096$781$550$103
29 years$1,971$1,431$1,020$716$497$86
30 years$1,885$1,351$950$657$449$72
31 years$1,804$1,277$886$604$406$61
32 years$1,729$1,209$827$555$367$51
33 years$1,658$1,145$772$510$332$43
34 years$1,592$1,085$721$469$301$36
35 years$1,530$1,029$674$432$272$30
36 years$1,471$977$631$398$247$25
37 years$1,415$928$590$367$224$21
38 years$1,363$882$553$338$203$18
39 years$1,313$838$518$312$184$15
40 years$1,266$798$485$287$167$13
41 years$1,221$759$455$265$151$10
42 years$1,179$723$427$245$137$9
43 years$1,139$689$401$226$125$7
44 years$1,100$657$376$209$113$6
45 years$1,064$626$353$193$103$5
46 years$1,029$597$332$178$93$4
47 years$995$570$312$164$85$4
48 years$964$544$293$152$77$3
49 years$933$520$275$140$70$3
50 years$904$496$259$130$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $926,000, adding $2,084 every year, while hoping to spend $32,136 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: 62/16/22 Blend
44$926,000$926,000$926,000$926,000
45$1,022,602$973,524$959,171$1,079,997
46$1,092,715$987,034$957,110$1,132,551
47$1,168,902$1,000,129$953,904$1,186,158
48$1,251,749$1,012,755$949,479$1,243,963
49$1,341,901$1,024,853$943,760$1,306,379
50$1,440,067$1,036,363$936,668$1,373,861
51$1,547,026$1,047,216$928,118$1,446,913
52$1,663,637$1,057,344$918,025$1,526,090
53$1,790,845$1,066,671$906,295$1,612,004
54$1,929,690$1,075,117$892,835$1,705,330
55$2,081,316$1,082,596$877,544$1,806,815
56$2,246,985$1,089,018$860,316$1,917,279
57$2,428,084$1,094,286$841,042$2,037,630
58$2,626,139$1,098,297$819,608$2,168,868
59$2,842,833$1,100,941$795,893$2,312,096
60$3,080,019$1,102,104$769,772$2,468,533
61$3,339,734$1,101,661$741,113$2,639,521
62$3,624,226$1,099,481$709,779$2,826,541
63$3,935,966$1,095,425$675,626$3,031,228
64$4,277,680$1,089,345$638,504$3,255,382
65$4,652,365$1,081,086$598,257$3,500,993
66$5,063,327$1,070,480$554,719$3,770,251
67$5,514,205$1,057,351$507,720$4,065,576
68$6,009,006$1,041,514$457,081$4,389,634
69$6,552,146$1,022,769$402,615$4,745,366
70$7,148,488$1,000,908$344,126$5,136,016
71$7,803,390$975,709$281,410$5,565,160
72$8,522,753$946,936$214,254$6,036,743
73$9,313,079$914,341$142,437$6,555,114
74$10,181,530$877,660$65,725$7,125,071
75$11,135,996$836,615$0$7,751,903
76$12,185,170$790,912$0$8,445,231
77$13,338,629$740,238$0$9,224,408
78$14,606,923$684,264$0$10,081,144
79$16,001,678$622,641$0$11,023,321
80$17,535,700$555,002$0$12,059,627
81$19,223,102$480,957$0$13,199,639
82$21,079,428$400,094$0$14,453,909
83$23,121,811$311,980$0$15,834,068
84$25,369,124$216,155$0$17,352,933
85$27,842,163$112,135$0$19,024,632
86$30,563,841$0$0$20,864,733
87$33,559,406$0$0$22,890,501
88$36,856,678$0$0$25,142,112
89$40,486,309$0$0$27,620,766
90$44,482,076$0$0$30,349,539
91$48,881,194$0$0$33,353,858
92$53,724,675$0$0$36,661,740
93$59,057,704$0$0$40,304,058
94$64,930,076$0$0$44,314,831
95$71,396,657$0$0$48,731,546
96$78,517,906$0$0$53,595,509
97$86,360,444$0$0$58,952,236
98$94,997,683$0$0$64,851,884
99$104,510,517$0$0$71,349,722
100$114,988,088$0$0$78,506,651