Can I retire at age 45 with 935,000?

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 $935,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$77,211$76,524$75,853$75,198$74,558$72,056
2 years$38,223$37,512$36,822$36,153$35,504$33,008
3 years$25,229$24,514$23,826$23,163$22,525$20,113
4 years$18,733$18,021$17,339$16,688$16,065$13,756
5 years$14,837$14,128$13,456$12,818$12,212$10,012
6 years$12,240$11,537$10,874$10,251$9,663$7,574
7 years$10,386$9,689$9,037$8,428$7,859$5,880
8 years$8,996$8,305$7,664$7,070$6,520$4,650
9 years$7,915$7,231$6,601$6,022$5,491$3,727
10 years$7,051$6,374$5,755$5,191$4,678$3,019
11 years$6,345$5,674$5,066$4,518$4,023$2,464
12 years$5,757$5,093$4,496$3,963$3,487$2,025
13 years$5,260$4,602$4,017$3,498$3,040$1,672
14 years$4,834$4,183$3,609$3,105$2,665$1,386
15 years$4,465$3,822$3,259$2,769$2,347$1,153
16 years$4,142$3,506$2,955$2,480$2,074$961
17 years$3,858$3,229$2,689$2,228$1,839$804
18 years$3,606$2,984$2,454$2,008$1,635$673
19 years$3,380$2,765$2,247$1,814$1,457$564
20 years$3,178$2,570$2,062$1,643$1,302$474
21 years$2,995$2,394$1,897$1,491$1,165$398
22 years$2,828$2,234$1,748$1,356$1,044$335
23 years$2,677$2,090$1,614$1,235$937$282
24 years$2,538$1,958$1,493$1,126$842$238
25 years$2,411$1,837$1,383$1,029$758$200
26 years$2,293$1,727$1,282$941$683$169
27 years$2,185$1,625$1,191$861$616$143
28 years$2,084$1,531$1,107$789$556$120
29 years$1,990$1,445$1,030$723$502$102
30 years$1,903$1,364$959$664$453$86
31 years$1,822$1,290$894$610$410$72
32 years$1,746$1,220$835$560$371$61
33 years$1,674$1,156$779$515$335$52
34 years$1,607$1,095$728$474$304$44
35 years$1,544$1,039$681$436$275$37
36 years$1,485$986$637$402$249$31
37 years$1,429$937$596$370$226$26
38 years$1,376$890$558$341$205$22
39 years$1,326$846$523$315$186$19
40 years$1,278$805$490$290$168$16
41 years$1,233$767$460$268$153$13
42 years$1,190$730$431$247$139$11
43 years$1,150$696$405$228$126$10
44 years$1,111$663$380$211$114$8
45 years$1,074$632$357$195$104$7
46 years$1,039$603$335$180$94$6
47 years$1,005$576$315$166$86$5
48 years$973$549$296$153$78$4
49 years$942$525$278$142$71$3
50 years$913$501$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 $935,000, adding $3,071 every year, while hoping to spend $32,878 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: 51/34/15 Blend
44$935,000$935,000$935,000$935,000
45$1,033,538$983,983$969,490$1,081,878
46$1,103,977$997,216$966,986$1,128,609
47$1,180,498$1,009,996$963,296$1,175,683
48$1,263,689$1,022,265$958,346$1,226,130
49$1,354,192$1,033,963$952,058$1,280,279
50$1,452,717$1,045,025$944,350$1,338,491
51$1,560,045$1,055,381$935,135$1,401,169
52$1,677,033$1,064,958$924,326$1,468,753
53$1,804,626$1,073,677$911,827$1,541,733
54$1,943,865$1,081,455$897,540$1,620,648
55$2,095,894$1,088,201$881,363$1,706,094
56$2,261,973$1,093,821$863,186$1,798,727
57$2,443,490$1,098,213$842,898$1,899,276
58$2,641,971$1,101,271$820,381$2,008,540
59$2,859,099$1,102,880$795,510$2,127,407
60$3,096,725$1,102,919$768,158$2,256,852
61$3,356,887$1,101,258$738,187$2,397,956
62$3,641,832$1,097,762$705,459$2,551,909
63$3,954,030$1,092,284$669,823$2,720,026
64$4,296,206$1,084,671$631,127$2,903,759
65$4,671,359$1,074,759$589,209$3,104,711
66$5,082,790$1,062,375$543,901$3,324,649
67$5,534,138$1,047,335$495,025$3,565,526
68$6,029,411$1,029,445$442,399$3,829,495
69$6,573,021$1,008,498$385,830$4,118,935
70$7,169,831$984,276$325,116$4,436,469
71$7,825,195$956,547$260,049$4,784,991
72$8,545,014$925,067$190,410$5,167,696
73$9,335,787$889,577$115,970$5,588,110
74$10,204,672$849,801$36,490$6,050,121
75$11,159,558$805,451$0$6,558,020
76$12,209,133$756,218$0$7,124,277
77$13,362,972$701,780$0$7,753,114
78$14,631,619$641,791$0$8,444,489
79$16,026,696$575,891$0$9,204,804
80$17,561,004$503,695$0$10,041,117
81$19,248,649$424,798$0$10,961,211
82$21,105,170$338,772$0$11,973,666
83$23,147,692$245,166$0$13,087,945
84$25,395,079$143,502$0$14,314,479
85$27,868,118$33,275$0$15,664,772
86$30,589,714$0$0$17,151,506
87$33,585,103$0$0$18,820,856
88$36,882,092$0$0$20,672,109
89$40,511,319$0$0$22,710,032
90$44,506,546$0$0$24,953,598
91$48,904,974$0$0$27,423,713
92$53,747,591$0$0$30,143,412
93$59,079,567$0$0$33,138,079
94$64,950,670$0$0$36,435,683
95$71,415,743$0$0$40,067,045
96$78,535,216$0$0$44,066,125
97$86,375,681$0$0$48,470,348
98$95,010,514$0$0$53,320,949
99$104,520,572$0$0$58,663,371
100$114,994,954$0$0$64,547,686