Can I retire at age 45 with 933,000?

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 $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%18.1%
1 years$77,046$76,360$75,690$75,037$74,399$71,960
2 years$38,142$37,431$36,743$36,075$35,428$32,994
3 years$25,175$24,462$23,775$23,114$22,477$20,124
4 years$18,693$17,982$17,302$16,652$16,031$13,778
5 years$14,805$14,098$13,427$12,791$12,186$10,039
6 years$12,214$11,512$10,851$10,229$9,643$7,602
7 years$10,364$9,668$9,017$8,410$7,842$5,908
8 years$8,977$8,287$7,647$7,055$6,506$4,678
9 years$7,898$7,215$6,587$6,009$5,479$3,754
10 years$7,036$6,360$5,742$5,180$4,668$3,044
11 years$6,332$5,662$5,056$4,508$4,015$2,489
12 years$5,745$5,082$4,487$3,954$3,479$2,047
13 years$5,248$4,593$4,009$3,491$3,034$1,693
14 years$4,823$4,175$3,602$3,099$2,659$1,405
15 years$4,455$3,814$3,252$2,764$2,342$1,171
16 years$4,134$3,499$2,948$2,474$2,070$978
17 years$3,850$3,222$2,683$2,223$1,835$818
18 years$3,598$2,978$2,449$2,004$1,632$686
19 years$3,373$2,760$2,242$1,810$1,454$577
20 years$3,171$2,564$2,058$1,640$1,299$485
21 years$2,988$2,389$1,893$1,488$1,162$408
22 years$2,822$2,230$1,744$1,353$1,042$344
23 years$2,671$2,085$1,611$1,232$935$290
24 years$2,533$1,954$1,490$1,124$841$245
25 years$2,405$1,834$1,380$1,026$756$207
26 years$2,288$1,723$1,279$938$681$175
27 years$2,180$1,622$1,188$859$614$148
28 years$2,079$1,528$1,105$787$554$125
29 years$1,986$1,442$1,028$722$501$105
30 years$1,899$1,362$957$662$452$89
31 years$1,818$1,287$893$608$409$75
32 years$1,742$1,218$833$559$370$64
33 years$1,671$1,153$778$514$335$54
34 years$1,604$1,093$727$473$303$46
35 years$1,541$1,037$679$435$275$39
36 years$1,482$984$635$401$249$33
37 years$1,426$935$595$370$225$28
38 years$1,373$888$557$341$204$23
39 years$1,323$845$522$314$185$20
40 years$1,276$804$489$290$168$17
41 years$1,231$765$459$267$153$14
42 years$1,188$728$430$247$138$12
43 years$1,147$694$404$228$126$10
44 years$1,109$662$379$210$114$9
45 years$1,072$631$356$194$103$7
46 years$1,037$602$334$179$94$6
47 years$1,003$574$314$166$85$5
48 years$971$548$295$153$77$4
49 years$940$524$277$141$70$4
50 years$911$500$261$131$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $933,000, adding $3,298 every year, while hoping to spend $53,971 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: 44/42/14 Blend
44$933,000$933,000$933,000$933,000
45$1,031,568$982,119$967,657$1,072,660
46$1,079,363$972,818$942,649$1,092,386
47$1,130,225$961,252$914,994$1,108,078
48$1,184,408$947,254$884,547$1,123,908
49$1,242,193$930,646$851,155$1,139,913
50$1,303,888$911,238$814,660$1,156,136
51$1,369,827$888,832$774,894$1,172,627
52$1,440,380$863,215$731,683$1,189,446
53$1,515,951$834,164$684,846$1,206,666
54$1,596,982$801,442$634,193$1,224,368
55$1,683,960$764,799$579,524$1,242,650
56$1,777,419$723,969$520,633$1,261,624
57$1,877,943$678,671$457,302$1,281,419
58$1,986,177$628,610$389,306$1,302,184
59$2,102,827$573,471$316,407$1,324,088
60$2,228,667$512,923$238,359$1,347,327
61$2,364,551$446,616$154,903$1,372,121
62$2,511,415$374,180$65,772$1,398,724
63$2,670,287$295,223$0$1,427,421
64$2,842,300$209,333$0$1,462,922
65$3,028,697$116,072$0$1,511,978
66$3,230,846$14,981$0$1,565,214
67$3,450,250$0$0$1,623,145
68$3,688,564$0$0$1,729,987
69$3,947,607$0$0$1,853,749
70$4,229,382$0$0$1,988,474
71$4,536,089$0$0$2,135,229
72$4,870,153$0$0$2,295,187
73$5,234,240$0$0$2,469,638
74$5,631,285$0$0$2,660,004
75$6,064,518$0$0$2,867,850
76$6,537,493$0$0$3,094,896
77$7,054,126$0$0$3,343,038
78$7,618,725$0$0$3,614,364
79$8,236,032$0$0$3,911,170
80$8,911,271$0$0$4,235,987
81$9,650,192$0$0$4,591,600
82$10,459,127$0$0$4,981,078
83$11,345,049$0$0$5,407,798
84$12,315,636$0$0$5,875,480
85$13,379,345$0$0$6,388,224
86$14,545,489$0$0$6,950,540
87$15,824,326$0$0$7,567,401
88$17,227,152$0$0$8,244,280
89$18,766,412$0$0$8,987,208
90$20,455,813$0$0$9,802,829
91$22,310,452$0$0$10,698,459
92$24,346,961$0$0$11,682,160
93$26,583,660$0$0$12,762,810
94$29,040,732$0$0$13,950,192
95$31,740,409$0$0$15,255,082
96$34,707,186$0$0$16,689,354
97$37,968,045$0$0$18,266,086
98$41,552,715$0$0$19,999,690
99$45,493,947$0$0$21,906,040
100$49,827,825$0$0$24,002,629