Can I retire at age 45 with 933,000?

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 $933,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$77,046$76,360$75,690$75,037$74,399$73,106
2 years$38,142$37,431$36,743$36,075$35,428$34,130
3 years$25,175$24,462$23,775$23,114$22,477$21,214
4 years$18,693$17,982$17,302$16,652$16,031$14,812
5 years$14,805$14,098$13,427$12,791$12,186$11,016
6 years$12,214$11,512$10,851$10,229$9,643$8,522
7 years$10,364$9,668$9,017$8,410$7,842$6,771
8 years$8,977$8,287$7,647$7,055$6,506$5,484
9 years$7,898$7,215$6,587$6,009$5,479$4,506
10 years$7,036$6,360$5,742$5,180$4,668$3,744
11 years$6,332$5,662$5,056$4,508$4,015$3,138
12 years$5,745$5,082$4,487$3,954$3,479$2,648
13 years$5,248$4,593$4,009$3,491$3,034$2,247
14 years$4,823$4,175$3,602$3,099$2,659$1,916
15 years$4,455$3,814$3,252$2,764$2,342$1,640
16 years$4,134$3,499$2,948$2,474$2,070$1,409
17 years$3,850$3,222$2,683$2,223$1,835$1,213
18 years$3,598$2,978$2,449$2,004$1,632$1,047
19 years$3,373$2,760$2,242$1,810$1,454$906
20 years$3,171$2,564$2,058$1,640$1,299$784
21 years$2,988$2,389$1,893$1,488$1,162$681
22 years$2,822$2,230$1,744$1,353$1,042$591
23 years$2,671$2,085$1,611$1,232$935$514
24 years$2,533$1,954$1,490$1,124$841$447
25 years$2,405$1,834$1,380$1,026$756$390
26 years$2,288$1,723$1,279$938$681$340
27 years$2,180$1,622$1,188$859$614$296
28 years$2,079$1,528$1,105$787$554$258
29 years$1,986$1,442$1,028$722$501$226
30 years$1,899$1,362$957$662$452$197
31 years$1,818$1,287$893$608$409$172
32 years$1,742$1,218$833$559$370$150
33 years$1,671$1,153$778$514$335$131
34 years$1,604$1,093$727$473$303$115
35 years$1,541$1,037$679$435$275$100
36 years$1,482$984$635$401$249$88
37 years$1,426$935$595$370$225$77
38 years$1,373$888$557$341$204$67
39 years$1,323$845$522$314$185$59
40 years$1,276$804$489$290$168$51
41 years$1,231$765$459$267$153$45
42 years$1,188$728$430$247$138$39
43 years$1,147$694$404$228$126$35
44 years$1,109$662$379$210$114$30
45 years$1,072$631$356$194$103$26
46 years$1,037$602$334$179$94$23
47 years$1,003$574$314$166$85$20
48 years$971$548$295$153$77$18
49 years$940$524$277$141$70$16
50 years$911$500$261$131$64$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $933,000, adding $2,767 every year, while hoping to spend $23,005 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: 70/13/17 Blend
44$933,000$933,000$933,000$933,000
45$1,031,020$981,571$967,110$1,098,864
46$1,111,707$1,005,191$975,031$1,168,000
47$1,199,853$1,029,197$982,446$1,240,636
48$1,296,195$1,053,584$989,315$1,319,553
49$1,401,543$1,078,346$995,593$1,405,367
50$1,516,790$1,103,475$1,001,235$1,498,757
51$1,642,919$1,128,962$1,006,193$1,600,473
52$1,781,014$1,154,798$1,010,418$1,711,340
53$1,932,265$1,180,971$1,013,855$1,832,266
54$2,097,986$1,207,469$1,016,449$1,964,252
55$2,279,623$1,234,277$1,018,142$2,108,402
56$2,478,767$1,261,379$1,018,872$2,265,932
57$2,697,172$1,288,758$1,018,575$2,438,179
58$2,936,771$1,316,393$1,017,184$2,626,620
59$3,199,689$1,344,265$1,014,628$2,832,880
60$3,488,271$1,372,348$1,010,832$3,058,752
61$3,805,099$1,400,617$1,005,719$3,306,208
62$4,153,015$1,429,043$999,206$3,577,426
63$4,535,152$1,457,596$991,209$3,874,801
64$4,954,961$1,486,241$981,638$4,200,975
65$5,416,243$1,514,943$970,399$4,558,860
66$5,923,186$1,543,661$957,393$4,951,663
67$6,480,403$1,572,353$942,518$5,382,919
68$7,092,978$1,600,971$925,666$5,856,524
69$7,766,509$1,629,467$906,724$6,376,772
70$8,507,168$1,657,785$885,574$6,948,393
71$9,321,750$1,685,868$862,092$7,576,601
72$10,217,746$1,713,653$836,149$8,267,143
73$11,203,407$1,741,072$807,610$9,026,351
74$12,287,823$1,768,054$776,334$9,861,203
75$13,481,013$1,794,520$742,173$10,779,390
76$14,794,012$1,820,388$704,972$11,789,388
77$16,238,983$1,845,568$664,570$12,900,537
78$17,829,324$1,869,966$620,798$14,123,130
79$19,579,800$1,893,479$573,479$15,468,514
80$21,506,678$1,915,998$522,430$16,949,189
81$23,627,885$1,937,408$467,457$18,578,934
82$25,963,172$1,957,583$408,359$20,372,933
83$28,534,303$1,976,393$344,927$22,347,921
84$31,365,261$1,993,695$276,941$24,522,339
85$34,482,471$2,009,340$204,172$26,916,512
86$37,915,052$2,023,166$126,381$29,552,839
87$41,695,091$2,035,004$43,318$32,456,003
88$45,857,943$2,044,673$0$35,653,210
89$50,442,570$2,051,978$0$39,182,660
90$55,491,903$2,056,716$0$43,078,092
91$61,053,250$2,058,668$0$47,368,103
92$67,178,741$2,057,603$0$52,092,874
93$73,925,822$2,053,274$0$57,296,686
94$81,357,792$2,045,421$0$63,028,331
95$89,544,406$2,033,766$0$69,341,581
96$98,562,531$2,018,016$0$76,295,690
97$108,496,870$1,997,860$0$83,955,955
98$119,440,761$1,972,965$0$92,394,332
99$131,497,062$1,942,983$0$101,690,116
100$144,779,115$1,907,543$0$111,930,691