Can I retire at age 45 with 929,000?

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 $929,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$76,716$76,033$75,366$74,715$74,080$72,113
2 years$37,978$37,271$36,585$35,921$35,276$33,309
3 years$25,067$24,357$23,673$23,015$22,381$20,474
4 years$18,613$17,905$17,228$16,581$15,962$14,130
5 years$14,742$14,038$13,370$12,736$12,134$10,383
6 years$12,161$11,463$10,805$10,185$9,601$7,932
7 years$10,319$9,626$8,979$8,374$7,808$6,221
8 years$8,938$8,252$7,615$7,024$6,478$4,972
9 years$7,865$7,185$6,559$5,983$5,455$4,029
10 years$7,006$6,333$5,718$5,158$4,648$3,300
11 years$6,304$5,638$5,034$4,489$3,998$2,726
12 years$5,720$5,060$4,467$3,937$3,464$2,266
13 years$5,226$4,573$3,991$3,476$3,021$1,894
14 years$4,803$4,157$3,586$3,086$2,648$1,590
15 years$4,436$3,797$3,238$2,752$2,332$1,339
16 years$4,116$3,484$2,936$2,464$2,061$1,132
17 years$3,833$3,208$2,671$2,214$1,827$959
18 years$3,583$2,965$2,439$1,995$1,625$813
19 years$3,359$2,748$2,232$1,803$1,448$692
20 years$3,157$2,553$2,049$1,633$1,293$589
21 years$2,975$2,378$1,884$1,482$1,157$502
22 years$2,810$2,220$1,737$1,347$1,037$428
23 years$2,660$2,076$1,604$1,227$931$366
24 years$2,522$1,945$1,483$1,119$837$313
25 years$2,395$1,826$1,374$1,022$753$267
26 years$2,278$1,716$1,274$934$678$229
27 years$2,171$1,615$1,183$855$612$196
28 years$2,071$1,522$1,100$784$552$168
29 years$1,978$1,435$1,023$719$498$144
30 years$1,891$1,356$953$660$450$123
31 years$1,810$1,282$889$606$407$105
32 years$1,735$1,213$829$557$368$90
33 years$1,664$1,148$774$512$333$78
34 years$1,597$1,088$723$471$302$67
35 years$1,534$1,032$676$434$273$57
36 years$1,475$980$633$399$248$49
37 years$1,420$931$592$368$224$42
38 years$1,367$884$555$339$203$36
39 years$1,317$841$520$313$185$31
40 years$1,270$800$487$288$167$27
41 years$1,225$762$457$266$152$23
42 years$1,183$725$428$246$138$20
43 years$1,142$691$402$227$125$17
44 years$1,104$659$377$209$114$14
45 years$1,067$628$354$193$103$12
46 years$1,032$599$333$179$94$11
47 years$999$572$313$165$85$9
48 years$967$546$294$152$77$8
49 years$936$521$276$141$70$7
50 years$907$498$260$130$64$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $929,000, adding $3,290 every year, while hoping to spend $23,887 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: 37/38/25 Blend
44$929,000$929,000$929,000$929,000
45$1,027,152$977,915$963,515$1,057,356
46$1,106,506$1,000,417$970,377$1,102,319
47$1,193,153$1,023,221$976,669$1,148,416
48$1,287,813$1,046,317$982,345$1,197,740
49$1,391,276$1,069,693$987,360$1,250,594
50$1,504,413$1,093,335$991,664$1,307,319
51$1,628,185$1,117,230$995,206$1,368,284
52$1,763,646$1,141,360$997,932$1,433,900
53$1,911,960$1,165,709$999,784$1,504,621
54$2,074,407$1,190,256$1,000,705$1,580,944
55$2,252,398$1,214,980$1,000,629$1,663,420
56$2,447,485$1,239,857$999,493$1,752,657
57$2,661,380$1,264,861$997,228$1,849,323
58$2,895,965$1,289,964$993,760$1,954,156
59$3,153,317$1,315,136$989,014$2,067,972
60$3,435,721$1,340,343$982,912$2,191,668
61$3,745,694$1,365,549$975,369$2,326,235
62$4,086,010$1,390,716$966,298$2,472,767
63$4,459,722$1,415,801$955,609$2,632,467
64$4,870,197$1,440,758$943,205$2,806,665
65$5,321,142$1,465,540$928,987$2,996,829
66$5,816,639$1,490,092$912,849$3,204,574
67$6,361,189$1,514,359$894,681$3,431,684
68$6,959,747$1,538,279$874,370$3,680,126
69$7,617,774$1,561,788$851,794$3,952,071
70$8,341,286$1,584,814$826,828$4,249,910
71$9,136,911$1,607,284$799,341$4,576,282
72$10,011,951$1,629,116$769,194$4,934,097
73$10,974,452$1,650,225$736,244$5,326,564
74$12,033,279$1,670,519$700,341$5,757,223
75$13,198,198$1,689,899$661,327$6,229,976
76$14,479,971$1,708,261$619,039$6,749,126
77$15,890,455$1,725,493$573,303$7,319,420
78$17,442,714$1,741,475$523,942$7,946,091
79$19,151,144$1,756,080$470,767$8,634,909
80$21,031,606$1,769,173$413,583$9,392,237
81$23,101,577$1,780,610$352,185$10,225,091
82$25,380,315$1,790,236$286,360$11,141,207
83$27,889,038$1,797,890$215,885$12,149,114
84$30,651,130$1,803,395$140,526$13,258,216
85$33,692,353$1,806,570$60,041$14,478,883
86$37,041,097$1,807,216$0$15,822,546
87$40,728,645$1,805,125$0$17,308,704
88$44,789,467$1,800,077$0$18,961,899
89$49,261,549$1,791,837$0$20,781,490
90$54,186,744$1,780,154$0$22,784,444
91$59,611,176$1,764,766$0$24,989,461
92$65,585,667$1,745,391$0$27,417,151
93$72,166,223$1,721,732$0$30,090,230
94$79,414,555$1,693,475$0$33,033,736
95$87,398,670$1,660,286$0$36,275,262
96$96,193,506$1,621,811$0$39,845,223
97$105,881,640$1,577,676$0$43,777,138
98$116,554,070$1,527,485$0$48,107,954
99$128,311,072$1,470,819$0$52,878,388
100$141,263,146$1,407,233$0$58,133,318