Can I retire at age 45 with 926,000?

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 $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%15.1%
1 years$76,468$75,787$75,123$74,474$73,841$72,291
2 years$37,856$37,151$36,467$35,805$35,162$33,608
3 years$24,986$24,278$23,597$22,940$22,308$20,798
4 years$18,553$17,847$17,172$16,527$15,910$14,456
5 years$14,694$13,992$13,326$12,695$12,095$10,701
6 years$12,122$11,426$10,770$10,152$9,570$8,237
7 years$10,286$9,595$8,950$8,346$7,783$6,512
8 years$8,909$8,225$7,590$7,002$6,457$5,247
9 years$7,839$7,161$6,537$5,964$5,438$4,288
10 years$6,984$6,312$5,699$5,141$4,633$3,543
11 years$6,284$5,620$5,018$4,474$3,985$2,953
12 years$5,701$5,044$4,453$3,924$3,453$2,477
13 years$5,209$4,558$3,978$3,465$3,011$2,090
14 years$4,787$4,143$3,575$3,076$2,640$1,771
15 years$4,422$3,785$3,227$2,743$2,324$1,507
16 years$4,103$3,473$2,926$2,456$2,054$1,286
17 years$3,821$3,198$2,663$2,207$1,821$1,100
18 years$3,571$2,955$2,431$1,989$1,619$943
19 years$3,348$2,739$2,225$1,797$1,443$810
20 years$3,147$2,545$2,042$1,627$1,289$697
21 years$2,966$2,371$1,878$1,477$1,154$601
22 years$2,801$2,213$1,731$1,343$1,034$518
23 years$2,651$2,070$1,598$1,223$928$447
24 years$2,514$1,939$1,478$1,115$834$387
25 years$2,387$1,820$1,369$1,019$751$334
26 years$2,271$1,710$1,270$931$676$289
27 years$2,164$1,610$1,179$853$610$251
28 years$2,064$1,517$1,096$781$550$217
29 years$1,971$1,431$1,020$716$497$188
30 years$1,885$1,351$950$657$449$163
31 years$1,804$1,277$886$604$406$141
32 years$1,729$1,209$827$555$367$123
33 years$1,658$1,145$772$510$332$106
34 years$1,592$1,085$721$469$301$92
35 years$1,530$1,029$674$432$272$80
36 years$1,471$977$631$398$247$70
37 years$1,415$928$590$367$224$60
38 years$1,363$882$553$338$203$52
39 years$1,313$838$518$312$184$45
40 years$1,266$798$485$287$167$40
41 years$1,221$759$455$265$151$34
42 years$1,179$723$427$245$137$30
43 years$1,139$689$401$226$125$26
44 years$1,100$657$376$209$113$22
45 years$1,064$626$353$193$103$20
46 years$1,029$597$332$178$93$17
47 years$995$570$312$164$85$15
48 years$964$544$293$152$77$13
49 years$933$520$275$140$70$11
50 years$904$496$259$130$63$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $926,000, adding $5,656 every year, while hoping to spend $45,591 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: 78/13/9 Blend
44$926,000$926,000$926,000$926,000
45$1,026,286$977,208$962,855$1,104,457
46$1,082,459$976,583$946,602$1,155,978
47$1,142,833$974,399$928,277$1,206,007
48$1,207,790$970,532$907,762$1,259,545
49$1,277,746$964,850$884,933$1,316,923
50$1,353,160$957,212$859,663$1,378,503
51$1,434,537$947,470$831,817$1,444,687
52$1,522,431$935,466$801,253$1,515,915
53$1,617,448$921,034$767,825$1,592,675
54$1,720,259$903,996$731,378$1,675,503
55$1,831,599$884,165$691,752$1,764,990
56$1,952,275$861,342$648,779$1,861,788
57$2,083,176$835,317$602,282$1,966,617
58$2,225,281$805,868$552,079$2,080,270
59$2,379,662$772,758$497,977$2,203,620
60$2,547,504$735,740$439,776$2,337,632
61$2,730,107$694,549$377,266$2,483,368
62$2,928,903$648,906$310,228$2,642,002
63$3,145,465$598,517$238,436$2,814,824
64$3,381,529$543,070$161,649$3,003,261
65$3,639,000$482,236$79,620$3,208,885
66$3,919,979$415,666$0$3,433,428
67$4,226,776$342,994$0$3,679,563
68$4,561,936$263,829$0$3,956,846
69$4,928,260$177,763$0$4,259,973
70$5,328,830$84,360$0$4,591,537
71$5,767,041$0$0$4,954,393
72$6,246,632$0$0$5,354,097
73$6,771,719$0$0$5,804,960
74$7,346,835$0$0$6,298,811
75$7,976,971$0$0$6,839,939
76$8,667,626$0$0$7,433,071
77$9,424,852$0$0$8,083,408
78$10,255,319$0$0$8,796,683
79$11,166,371$0$0$9,579,208
80$12,166,099$0$0$10,437,937
81$13,263,412$0$0$11,380,528
82$14,468,128$0$0$12,415,417
83$15,791,057$0$0$13,551,899
84$17,244,111$0$0$14,800,210
85$18,840,412$0$0$16,171,629
86$20,594,413$0$0$17,678,579
87$22,522,039$0$0$19,334,747
88$24,640,833$0$0$21,155,213
89$26,970,124$0$0$23,156,588
90$29,531,203$0$0$25,357,175
91$32,347,531$0$0$27,777,138
92$35,444,956$0$0$30,438,694
93$38,851,954$0$0$33,366,320
94$42,599,902$0$0$36,586,984
95$46,723,369$0$0$40,130,400
96$51,260,446$0$0$44,029,309
97$56,253,100$0$0$48,319,783
98$61,747,574$0$0$53,041,570
99$67,794,819$0$0$58,238,463
100$74,450,976$0$0$63,958,719