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%13.5%
1 years$77,046$76,360$75,690$75,037$74,399$73,317
2 years$38,142$37,431$36,743$36,075$35,428$34,341
3 years$25,175$24,462$23,775$23,114$22,477$21,418
4 years$18,693$17,982$17,302$16,652$16,031$15,008
5 years$14,805$14,098$13,427$12,791$12,186$11,202
6 years$12,214$11,512$10,851$10,229$9,643$8,699
7 years$10,364$9,668$9,017$8,410$7,842$6,939
8 years$8,977$8,287$7,647$7,055$6,506$5,643
9 years$7,898$7,215$6,587$6,009$5,479$4,656
10 years$7,036$6,360$5,742$5,180$4,668$3,885
11 years$6,332$5,662$5,056$4,508$4,015$3,270
12 years$5,745$5,082$4,487$3,954$3,479$2,772
13 years$5,248$4,593$4,009$3,491$3,034$2,364
14 years$4,823$4,175$3,602$3,099$2,659$2,025
15 years$4,455$3,814$3,252$2,764$2,342$1,742
16 years$4,134$3,499$2,948$2,474$2,070$1,503
17 years$3,850$3,222$2,683$2,223$1,835$1,301
18 years$3,598$2,978$2,449$2,004$1,632$1,129
19 years$3,373$2,760$2,242$1,810$1,454$981
20 years$3,171$2,564$2,058$1,640$1,299$854
21 years$2,988$2,389$1,893$1,488$1,162$745
22 years$2,822$2,230$1,744$1,353$1,042$651
23 years$2,671$2,085$1,611$1,232$935$569
24 years$2,533$1,954$1,490$1,124$841$498
25 years$2,405$1,834$1,380$1,026$756$436
26 years$2,288$1,723$1,279$938$681$382
27 years$2,180$1,622$1,188$859$614$335
28 years$2,079$1,528$1,105$787$554$294
29 years$1,986$1,442$1,028$722$501$258
30 years$1,899$1,362$957$662$452$227
31 years$1,818$1,287$893$608$409$199
32 years$1,742$1,218$833$559$370$175
33 years$1,671$1,153$778$514$335$154
34 years$1,604$1,093$727$473$303$135
35 years$1,541$1,037$679$435$275$119
36 years$1,482$984$635$401$249$105
37 years$1,426$935$595$370$225$92
38 years$1,373$888$557$341$204$81
39 years$1,323$845$522$314$185$71
40 years$1,276$804$489$290$168$63
41 years$1,231$765$459$267$153$55
42 years$1,188$728$430$247$138$49
43 years$1,147$694$404$228$126$43
44 years$1,109$662$379$210$114$38
45 years$1,072$631$356$194$103$33
46 years$1,037$602$334$179$94$29
47 years$1,003$574$314$166$85$26
48 years$971$548$295$153$77$23
49 years$940$524$277$141$70$20
50 years$911$500$261$131$64$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $933,000, adding $6,395 every year, while hoping to spend $43,155 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: 39/46/15 Blend
44$933,000$933,000$933,000$933,000
45$1,034,762$985,313$970,852$1,070,235
46$1,094,392$987,677$957,459$1,098,464
47$1,158,657$988,710$942,171$1,124,309
48$1,227,985$988,302$924,879$1,151,328
49$1,302,845$986,335$905,468$1,179,647
50$1,383,754$982,685$883,820$1,209,409
51$1,471,279$977,217$859,810$1,240,776
52$1,566,041$969,794$833,306$1,273,925
53$1,668,728$960,264$804,171$1,309,060
54$1,780,091$948,470$772,264$1,346,405
55$1,900,960$934,244$737,435$1,386,213
56$2,032,245$917,409$699,526$1,428,766
57$2,174,949$897,778$658,375$1,474,377
58$2,330,175$875,149$613,812$1,523,400
59$2,499,135$849,314$565,656$1,576,225
60$2,683,164$820,048$513,723$1,633,290
61$2,883,732$787,115$457,818$1,695,082
62$3,102,454$750,265$397,736$1,762,144
63$3,341,110$709,234$333,266$1,835,080
64$3,601,659$663,742$264,186$1,914,562
65$3,886,255$613,493$190,264$2,001,340
66$4,197,274$558,174$111,258$2,096,244
67$4,537,327$497,456$26,916$2,200,198
68$4,909,291$430,988$0$2,314,231
69$5,316,334$358,401$0$2,449,581
70$5,761,943$279,307$0$2,602,670
71$6,249,960$193,291$0$2,770,637
72$6,784,614$99,921$0$2,955,090
73$7,370,564$0$0$3,157,810
74$8,012,938$0$0$3,381,405
75$8,717,388$0$0$3,682,199
76$9,490,137$0$0$4,012,283
77$10,338,038$0$0$4,374,603
78$11,268,643$0$0$4,772,401
79$12,290,267$0$0$5,209,250
80$13,412,072$0$0$5,689,084
81$14,644,149$0$0$6,216,238
82$15,997,615$0$0$6,795,489
83$17,484,718$0$0$7,432,097
84$19,118,948$0$0$8,131,858
85$20,915,170$0$0$8,901,158
86$22,889,758$0$0$9,747,032
87$25,060,753$0$0$10,677,231
88$27,448,031$0$0$11,700,294
89$30,073,491$0$0$12,825,630
90$32,961,259$0$0$14,063,605
91$36,137,918$0$0$15,425,642
92$39,632,756$0$0$16,924,323
93$43,478,044$0$0$18,573,516
94$47,709,339$0$0$20,388,499
95$52,365,815$0$0$22,386,105
96$57,490,642$0$0$24,584,883
97$63,131,381$0$0$27,005,272
98$69,340,442$0$0$29,669,791
99$76,175,571$0$0$32,603,255
100$83,700,399$0$0$35,833,008