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%12.1%
1 years$76,468$75,787$75,123$74,474$73,841$73,191
2 years$37,856$37,151$36,467$35,805$35,162$34,508
3 years$24,986$24,278$23,597$22,940$22,308$21,669
4 years$18,553$17,847$17,172$16,527$15,910$15,292
5 years$14,694$13,992$13,326$12,695$12,095$11,498
6 years$12,122$11,426$10,770$10,152$9,570$8,996
7 years$10,286$9,595$8,950$8,346$7,783$7,232
8 years$8,909$8,225$7,590$7,002$6,457$5,929
9 years$7,839$7,161$6,537$5,964$5,438$4,933
10 years$6,984$6,312$5,699$5,141$4,633$4,151
11 years$6,284$5,620$5,018$4,474$3,985$3,524
12 years$5,701$5,044$4,453$3,924$3,453$3,014
13 years$5,209$4,558$3,978$3,465$3,011$2,594
14 years$4,787$4,143$3,575$3,076$2,640$2,243
15 years$4,422$3,785$3,227$2,743$2,324$1,948
16 years$4,103$3,473$2,926$2,456$2,054$1,697
17 years$3,821$3,198$2,663$2,207$1,821$1,483
18 years$3,571$2,955$2,431$1,989$1,619$1,300
19 years$3,348$2,739$2,225$1,797$1,443$1,141
20 years$3,147$2,545$2,042$1,627$1,289$1,004
21 years$2,966$2,371$1,878$1,477$1,154$885
22 years$2,801$2,213$1,731$1,343$1,034$781
23 years$2,651$2,070$1,598$1,223$928$690
24 years$2,514$1,939$1,478$1,115$834$610
25 years$2,387$1,820$1,369$1,019$751$541
26 years$2,271$1,710$1,270$931$676$479
27 years$2,164$1,610$1,179$853$610$425
28 years$2,064$1,517$1,096$781$550$377
29 years$1,971$1,431$1,020$716$497$335
30 years$1,885$1,351$950$657$449$297
31 years$1,804$1,277$886$604$406$264
32 years$1,729$1,209$827$555$367$235
33 years$1,658$1,145$772$510$332$209
34 years$1,592$1,085$721$469$301$186
35 years$1,530$1,029$674$432$272$166
36 years$1,471$977$631$398$247$147
37 years$1,415$928$590$367$224$131
38 years$1,363$882$553$338$203$117
39 years$1,313$838$518$312$184$104
40 years$1,266$798$485$287$167$93
41 years$1,221$759$455$265$151$83
42 years$1,179$723$427$245$137$74
43 years$1,139$689$401$226$125$66
44 years$1,100$657$376$209$113$59
45 years$1,064$626$353$193$103$52
46 years$1,029$597$332$178$93$47
47 years$995$570$312$164$85$41
48 years$964$544$293$152$77$37
49 years$933$520$275$140$70$33
50 years$904$496$259$130$63$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $926,000, adding $5,015 every year, while hoping to spend $59,406 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: 62/25/13 Blend
44$926,000$926,000$926,000$926,000
45$1,025,625$976,547$962,194$1,085,710
46$1,067,031$961,190$931,220$1,111,271
47$1,110,670$943,090$897,217$1,131,931
48$1,156,706$922,049$860,022$1,153,033
49$1,205,319$897,859$819,462$1,174,623
50$1,256,706$870,298$775,358$1,196,754
51$1,311,080$839,133$727,522$1,219,484
52$1,368,675$804,115$675,759$1,242,883
53$1,429,746$764,983$619,864$1,267,029
54$1,494,574$721,461$559,622$1,292,012
55$1,563,461$673,253$494,811$1,317,932
56$1,636,744$620,052$425,196$1,344,906
57$1,714,786$561,529$350,535$1,373,066
58$1,797,987$497,337$270,571$1,402,558
59$1,886,787$427,112$185,040$1,433,552
60$1,981,664$350,465$93,664$1,466,237
61$2,083,146$266,990$0$1,500,826
62$2,191,807$176,253$0$1,538,094
63$2,308,283$77,800$0$1,591,677
64$2,433,265$0$0$1,648,917
65$2,567,516$0$0$1,718,137
66$2,711,871$0$0$1,815,630
67$2,867,249$0$0$1,920,617
68$3,034,656$0$0$2,033,786
69$3,215,199$0$0$2,155,893
70$3,410,094$0$0$2,287,766
71$3,620,678$0$0$2,430,318
72$3,848,418$0$0$2,584,550
73$4,094,928$0$0$2,751,563
74$4,361,982$0$0$2,932,568
75$4,651,531$0$0$3,128,896
76$4,965,720$0$0$3,342,012
77$5,306,907$0$0$3,573,526
78$5,677,688$0$0$3,825,208
79$6,080,917$0$0$4,099,009
80$6,519,735$0$0$4,397,072
81$6,997,597$0$0$4,721,756
82$7,518,306$0$0$5,075,658
83$8,086,046$0$0$5,461,634
84$8,705,423$0$0$5,882,831
85$9,381,506$0$0$6,342,709
86$10,119,876$0$0$6,845,079
87$10,926,676$0$0$7,394,136
88$11,808,668$0$0$7,994,499
89$12,773,299$0$0$8,651,253
90$13,828,767$0$0$9,369,998
91$14,984,099$0$0$10,156,898
92$16,249,236$0$0$11,018,744
93$17,635,125$0$0$11,963,012
94$19,153,822$0$0$12,997,937
95$20,818,603$0$0$14,132,587
96$22,644,090$0$0$15,376,951
97$24,646,391$0$0$16,742,029
98$26,843,242$0$0$18,239,939
99$29,254,185$0$0$19,884,027
100$31,900,741$0$0$21,688,997