Can I retire at age 45 with 927,000?

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 $927,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$76,551$75,869$75,204$74,554$73,920$72,756
2 years$37,896$37,191$36,507$35,843$35,200$34,030
3 years$25,013$24,304$23,622$22,965$22,332$21,193
4 years$18,573$17,866$17,191$16,545$15,928$14,827
5 years$14,710$14,007$13,341$12,708$12,108$11,050
6 years$12,135$11,438$10,781$10,163$9,581$8,567
7 years$10,297$9,606$8,959$8,355$7,792$6,822
8 years$8,919$8,234$7,598$7,009$6,464$5,539
9 years$7,848$7,169$6,544$5,970$5,444$4,562
10 years$6,991$6,319$5,706$5,146$4,638$3,799
11 years$6,291$5,626$5,023$4,479$3,989$3,192
12 years$5,708$5,049$4,458$3,929$3,457$2,701
13 years$5,215$4,563$3,983$3,468$3,014$2,298
14 years$4,792$4,148$3,579$3,079$2,642$1,965
15 years$4,427$3,789$3,231$2,746$2,327$1,687
16 years$4,107$3,476$2,929$2,459$2,056$1,453
17 years$3,825$3,202$2,666$2,209$1,823$1,254
18 years$3,575$2,958$2,433$1,991$1,621$1,086
19 years$3,352$2,742$2,228$1,799$1,445$942
20 years$3,151$2,548$2,044$1,629$1,291$818
21 years$2,969$2,373$1,880$1,479$1,155$712
22 years$2,804$2,215$1,733$1,344$1,035$620
23 years$2,654$2,072$1,600$1,224$929$541
24 years$2,516$1,941$1,480$1,117$835$472
25 years$2,390$1,822$1,371$1,020$752$413
26 years$2,273$1,712$1,271$932$677$361
27 years$2,166$1,611$1,180$854$610$316
28 years$2,066$1,518$1,097$782$551$276
29 years$1,973$1,432$1,021$717$497$242
30 years$1,887$1,353$951$658$449$212
31 years$1,806$1,279$887$604$406$186
32 years$1,731$1,210$827$555$368$163
33 years$1,660$1,146$773$511$333$143
34 years$1,594$1,086$722$470$301$125
35 years$1,531$1,030$675$433$273$110
36 years$1,472$978$631$398$247$97
37 years$1,417$929$591$367$224$85
38 years$1,364$883$553$338$203$74
39 years$1,314$839$518$312$184$65
40 years$1,267$798$486$288$167$57
41 years$1,223$760$456$266$152$50
42 years$1,180$724$427$245$137$44
43 years$1,140$690$401$226$125$39
44 years$1,101$657$376$209$113$34
45 years$1,065$627$353$193$103$30
46 years$1,030$598$332$178$93$26
47 years$997$571$312$165$85$23
48 years$965$545$293$152$77$20
49 years$934$520$276$141$70$18
50 years$905$497$259$130$64$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $927,000, adding $4,540 every year, while hoping to spend $51,110 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: 56/27/17 Blend
44$927,000$927,000$927,000$927,000
45$1,026,237$977,106$962,738$1,078,849
46$1,076,533$970,604$940,609$1,108,649
47$1,130,245$962,070$916,025$1,135,191
48$1,187,670$951,350$888,852$1,162,952
49$1,249,129$938,283$858,945$1,192,063
50$1,314,977$922,696$826,156$1,222,667
51$1,385,602$904,406$790,330$1,254,924
52$1,461,430$883,219$751,303$1,289,013
53$1,542,930$858,930$708,906$1,325,137
54$1,630,615$831,323$662,960$1,363,519
55$1,725,048$800,168$613,279$1,404,410
56$1,826,848$765,222$559,670$1,448,089
57$1,936,696$726,228$501,928$1,494,867
58$2,055,340$682,914$439,843$1,545,091
59$2,183,599$634,991$373,193$1,599,149
60$2,322,378$582,157$301,746$1,657,469
61$2,472,667$524,090$225,262$1,720,533
62$2,635,559$460,450$143,488$1,788,872
63$2,812,251$390,877$56,160$1,863,078
64$3,004,065$314,994$0$1,943,811
65$3,212,449$232,398$0$2,038,520
66$3,439,001$142,668$0$2,152,608
67$3,685,475$45,355$0$2,276,833
68$3,953,805$0$0$2,412,254
69$4,246,115$0$0$2,577,871
70$4,564,745$0$0$2,773,166
71$4,912,270$0$0$2,986,249
72$5,291,522$0$0$3,218,870
73$5,705,621$0$0$3,472,950
74$6,158,001$0$0$3,750,607
75$6,652,442$0$0$4,054,173
76$7,193,104$0$0$4,386,215
77$7,784,571$0$0$4,749,558
78$8,431,888$0$0$5,147,314
79$9,140,609$0$0$5,582,911
80$9,916,852$0$0$6,060,121
81$10,767,356$0$0$6,583,101
82$11,699,539$0$0$7,156,428
83$12,721,573$0$0$7,785,142
84$13,842,457$0$0$8,474,796
85$15,072,106$0$0$9,231,506
86$16,421,436$0$0$10,062,006
87$17,902,476$0$0$10,973,718
88$19,528,472$0$0$11,974,813
89$21,314,019$0$0$13,074,297
90$23,275,190$0$0$14,282,086
91$25,429,696$0$0$15,609,108
92$27,797,046$0$0$17,067,398
93$30,398,731$0$0$18,670,219
94$33,258,429$0$0$20,432,178
95$36,402,225$0$0$22,369,371
96$39,858,859$0$0$24,499,532
97$43,659,994$0$0$26,842,195
98$47,840,513$0$0$29,418,888
99$52,438,852$0$0$32,253,325
100$57,497,358$0$0$35,371,636