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%17.6%
1 years$77,046$76,360$75,690$75,037$74,399$72,104
2 years$38,142$37,431$36,743$36,075$35,428$33,136
3 years$25,175$24,462$23,775$23,114$22,477$20,260
4 years$18,693$17,982$17,302$16,652$16,031$13,905
5 years$14,805$14,098$13,427$12,791$12,186$10,158
6 years$12,214$11,512$10,851$10,229$9,643$7,714
7 years$10,364$9,668$9,017$8,410$7,842$6,012
8 years$8,977$8,287$7,647$7,055$6,506$4,774
9 years$7,898$7,215$6,587$6,009$5,479$3,843
10 years$7,036$6,360$5,742$5,180$4,668$3,126
11 years$6,332$5,662$5,056$4,508$4,015$2,564
12 years$5,745$5,082$4,487$3,954$3,479$2,116
13 years$5,248$4,593$4,009$3,491$3,034$1,756
14 years$4,823$4,175$3,602$3,099$2,659$1,463
15 years$4,455$3,814$3,252$2,764$2,342$1,223
16 years$4,134$3,499$2,948$2,474$2,070$1,025
17 years$3,850$3,222$2,683$2,223$1,835$861
18 years$3,598$2,978$2,449$2,004$1,632$725
19 years$3,373$2,760$2,242$1,810$1,454$611
20 years$3,171$2,564$2,058$1,640$1,299$516
21 years$2,988$2,389$1,893$1,488$1,162$436
22 years$2,822$2,230$1,744$1,353$1,042$369
23 years$2,671$2,085$1,611$1,232$935$312
24 years$2,533$1,954$1,490$1,124$841$265
25 years$2,405$1,834$1,380$1,026$756$224
26 years$2,288$1,723$1,279$938$681$190
27 years$2,180$1,622$1,188$859$614$161
28 years$2,079$1,528$1,105$787$554$137
29 years$1,986$1,442$1,028$722$501$116
30 years$1,899$1,362$957$662$452$99
31 years$1,818$1,287$893$608$409$84
32 years$1,742$1,218$833$559$370$71
33 years$1,671$1,153$778$514$335$61
34 years$1,604$1,093$727$473$303$51
35 years$1,541$1,037$679$435$275$44
36 years$1,482$984$635$401$249$37
37 years$1,426$935$595$370$225$32
38 years$1,373$888$557$341$204$27
39 years$1,323$845$522$314$185$23
40 years$1,276$804$489$290$168$19
41 years$1,231$765$459$267$153$16
42 years$1,188$728$430$247$138$14
43 years$1,147$694$404$228$126$12
44 years$1,109$662$379$210$114$10
45 years$1,072$631$356$194$103$9
46 years$1,037$602$334$179$94$7
47 years$1,003$574$314$166$85$6
48 years$971$548$295$153$77$5
49 years$940$524$277$141$70$5
50 years$911$500$261$131$64$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $933,000, adding $3,341 every year, while hoping to spend $35,283 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: 29/43/28 Blend
44$933,000$933,000$933,000$933,000
45$1,031,612$982,163$967,702$1,052,534
46$1,099,296$992,748$962,579$1,079,917
47$1,172,701$1,002,670$956,102$1,106,047
48$1,252,373$1,011,857$948,188$1,133,436
49$1,338,914$1,020,237$938,751$1,162,217
50$1,432,984$1,027,729$927,700$1,192,540
51$1,535,310$1,034,250$914,940$1,224,571
52$1,646,693$1,039,710$900,372$1,258,496
53$1,768,012$1,044,012$883,891$1,294,524
54$1,900,237$1,047,056$865,389$1,332,888
55$2,044,433$1,048,734$844,751$1,373,846
56$2,201,774$1,048,931$821,859$1,417,687
57$2,373,551$1,047,524$796,588$1,464,733
58$2,561,186$1,044,386$768,806$1,515,342
59$2,766,244$1,039,378$738,378$1,569,913
60$2,990,448$1,032,355$705,161$1,628,890
61$3,235,696$1,023,162$669,006$1,692,767
62$3,504,076$1,011,636$629,757$1,762,092
63$3,797,888$997,603$587,250$1,837,474
64$4,119,666$980,878$541,316$1,919,592
65$4,472,198$961,267$491,776$2,009,197
66$4,858,557$938,564$438,445$2,107,124
67$5,282,126$912,550$381,129$2,214,299
68$5,746,630$882,992$319,625$2,331,751
69$6,256,174$849,647$253,720$2,460,619
70$6,815,279$812,255$183,195$2,602,167
71$7,428,923$770,541$107,817$2,757,796
72$8,102,591$724,215$27,347$2,929,059
73$8,842,324$672,971$0$3,117,674
74$9,654,779$616,483$0$3,343,033
75$10,547,285$554,410$0$3,599,615
76$11,527,921$486,388$0$3,881,657
77$12,605,582$412,035$0$4,191,830
78$13,790,073$330,946$0$4,533,083
79$15,092,191$242,693$0$4,908,674
80$16,523,834$146,825$0$5,322,201
81$18,098,111$42,865$0$5,777,636
82$19,829,462$0$0$6,279,368
83$21,733,800$0$0$6,865,216
84$23,828,655$0$0$7,532,155
85$26,133,342$0$0$8,266,072
86$28,669,143$0$0$9,073,766
87$31,459,507$0$0$9,962,729
88$34,530,271$0$0$10,941,214
89$37,909,903$0$0$12,018,317
90$41,629,770$0$0$13,204,059
91$45,724,434$0$0$14,509,482
92$50,231,979$0$0$15,946,755
93$55,194,370$0$0$17,529,284
94$60,657,844$0$0$19,271,845
95$66,673,352$0$0$21,190,715
96$73,297,037$0$0$23,303,835
97$80,590,763$0$0$25,630,970
98$88,622,697$0$0$28,193,903
99$97,467,957$0$0$31,016,634
100$107,209,314$0$0$34,125,614