Can I retire at age 45 with 932,000?

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 $932,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$76,964$76,278$75,609$74,956$74,319$71,483
2 years$38,101$37,391$36,704$36,037$35,390$32,566
3 years$25,148$24,436$23,750$23,089$22,453$19,730
4 years$18,673$17,963$17,284$16,634$16,014$13,413
5 years$14,789$14,083$13,413$12,777$12,173$9,701
6 years$12,201$11,500$10,840$10,218$9,632$7,290
7 years$10,353$9,658$9,008$8,401$7,834$5,621
8 years$8,967$8,278$7,639$7,047$6,499$4,413
9 years$7,890$7,208$6,580$6,002$5,473$3,512
10 years$7,029$6,353$5,736$5,174$4,663$2,823
11 years$6,325$5,656$5,050$4,503$4,010$2,286
12 years$5,738$5,076$4,482$3,950$3,475$1,863
13 years$5,243$4,588$4,004$3,487$3,031$1,526
14 years$4,818$4,170$3,598$3,095$2,657$1,255
15 years$4,450$3,809$3,248$2,761$2,339$1,035
16 years$4,129$3,495$2,945$2,472$2,067$856
17 years$3,846$3,219$2,680$2,221$1,833$709
18 years$3,594$2,974$2,446$2,001$1,630$588
19 years$3,370$2,757$2,240$1,809$1,453$489
20 years$3,168$2,562$2,055$1,638$1,298$407
21 years$2,985$2,386$1,891$1,487$1,161$339
22 years$2,819$2,227$1,742$1,352$1,041$282
23 years$2,668$2,083$1,609$1,231$934$236
24 years$2,530$1,952$1,488$1,123$840$197
25 years$2,403$1,832$1,378$1,025$756$164
26 years$2,286$1,721$1,278$937$681$137
27 years$2,178$1,620$1,187$858$614$115
28 years$2,077$1,527$1,103$786$554$96
29 years$1,984$1,440$1,027$721$500$80
30 years$1,897$1,360$956$662$452$67
31 years$1,816$1,286$892$608$408$56
32 years$1,740$1,217$832$558$369$47
33 years$1,669$1,152$777$514$334$39
34 years$1,602$1,092$726$473$303$33
35 years$1,539$1,036$679$435$274$27
36 years$1,480$983$635$401$248$23
37 years$1,424$934$594$369$225$19
38 years$1,372$887$556$340$204$16
39 years$1,322$844$521$314$185$13
40 years$1,274$803$489$289$168$11
41 years$1,229$764$458$267$152$9
42 years$1,187$728$430$246$138$8
43 years$1,146$693$403$227$125$7
44 years$1,107$661$379$210$114$5
45 years$1,071$630$355$194$103$5
46 years$1,035$601$334$179$94$4
47 years$1,002$574$314$166$85$3
48 years$970$548$295$153$77$3
49 years$939$523$277$141$70$2
50 years$910$500$260$131$64$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $932,000, adding $2,573 every year, while hoping to spend $41,890 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: 46/44/10 Blend
44$932,000$932,000$932,000$932,000
45$1,029,718$980,322$965,876$1,074,095
46$1,090,179$983,787$953,662$1,108,473
47$1,155,402$986,018$939,635$1,141,217
48$1,225,830$986,910$923,690$1,175,786
49$1,301,949$986,352$905,717$1,212,364
50$1,384,290$984,226$885,601$1,251,155
51$1,473,440$980,406$863,222$1,292,385
52$1,570,045$974,760$838,454$1,336,308
53$1,674,812$967,145$811,164$1,383,203
54$1,788,521$957,414$781,216$1,433,383
55$1,912,029$945,406$748,466$1,487,193
56$2,046,279$930,953$712,762$1,545,020
57$2,192,307$913,878$673,948$1,607,290
58$2,351,256$893,992$631,859$1,674,477
59$2,524,381$871,094$586,322$1,747,109
60$2,713,063$844,973$537,160$1,825,769
61$2,918,823$815,404$484,182$1,911,106
62$3,143,335$782,151$427,195$2,003,838
63$3,388,442$744,963$365,992$2,104,764
64$3,656,171$703,574$300,361$2,214,765
65$3,948,754$657,703$230,077$2,334,821
66$4,268,650$607,054$154,907$2,466,018
67$4,618,565$551,312$74,609$2,609,558
68$5,001,478$490,146$0$2,766,771
69$5,420,671$423,205$0$2,940,314
70$5,879,756$350,118$0$3,139,209
71$6,382,712$270,496$0$3,357,324
72$6,933,922$183,923$0$3,596,688
73$7,538,210$89,963$0$3,859,547
74$8,200,892$0$0$4,148,382
75$8,927,822$0$0$4,471,669
76$9,725,448$0$0$4,874,300
77$10,600,871$0$0$5,316,314
78$11,561,916$0$0$5,801,676
79$12,617,199$0$0$6,334,753
80$13,776,215$0$0$6,920,355
81$15,049,419$0$0$7,563,780
82$16,448,334$0$0$8,270,869
83$17,985,650$0$0$9,048,051
84$19,675,350$0$0$9,902,412
85$21,532,836$0$0$10,841,759
86$23,575,080$0$0$11,874,693
87$25,820,778$0$0$13,010,689
88$28,290,530$0$0$14,260,187
89$31,007,032$0$0$15,634,689
90$33,995,290$0$0$17,146,870
91$37,282,854$0$0$18,810,692
92$40,900,082$0$0$20,641,542
93$44,880,419$0$0$22,656,372
94$49,260,720$0$0$24,873,860
95$54,081,590$0$0$27,314,587
96$59,387,771$0$0$30,001,233
97$65,228,563$0$0$32,958,783
98$71,658,288$0$0$36,214,773
99$78,736,803$0$0$39,799,540
100$86,530,060$0$0$43,746,516