Can I retire at age 45 with 936,000?

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 $936,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$77,294$76,606$75,934$75,278$74,638$73,614
2 years$38,264$37,552$36,861$36,191$35,542$34,512
3 years$25,256$24,540$23,852$23,188$22,549$21,545
4 years$18,753$18,040$17,358$16,706$16,082$15,112
5 years$14,853$14,143$13,470$12,832$12,226$11,292
6 years$12,253$11,549$10,886$10,262$9,674$8,778
7 years$10,397$9,699$9,046$8,437$7,867$7,010
8 years$9,006$8,314$7,672$7,077$6,527$5,707
9 years$7,924$7,239$6,608$6,028$5,496$4,715
10 years$7,059$6,381$5,761$5,196$4,683$3,939
11 years$6,352$5,680$5,072$4,522$4,028$3,320
12 years$5,763$5,098$4,501$3,967$3,490$2,818
13 years$5,265$4,607$4,021$3,502$3,044$2,406
14 years$4,839$4,188$3,613$3,109$2,668$2,064
15 years$4,470$3,826$3,262$2,772$2,349$1,778
16 years$4,147$3,510$2,958$2,482$2,076$1,536
17 years$3,862$3,233$2,691$2,230$1,841$1,331
18 years$3,610$2,987$2,457$2,010$1,637$1,157
19 years$3,384$2,768$2,249$1,816$1,459$1,007
20 years$3,181$2,573$2,064$1,645$1,303$878
21 years$2,998$2,396$1,899$1,493$1,166$767
22 years$2,831$2,237$1,750$1,357$1,045$671
23 years$2,680$2,092$1,616$1,236$938$587
24 years$2,541$1,960$1,494$1,128$843$515
25 years$2,413$1,839$1,384$1,030$759$451
26 years$2,296$1,729$1,284$942$684$396
27 years$2,187$1,627$1,192$862$616$348
28 years$2,086$1,533$1,108$790$556$306
29 years$1,993$1,446$1,031$724$502$269
30 years$1,905$1,366$960$665$454$237
31 years$1,824$1,291$895$610$410$208
32 years$1,748$1,222$835$561$371$183
33 years$1,676$1,157$780$516$336$162
34 years$1,609$1,097$729$475$304$142
35 years$1,546$1,040$681$437$275$125
36 years$1,487$987$637$402$250$111
37 years$1,430$938$597$371$226$97
38 years$1,377$891$559$342$205$86
39 years$1,327$847$523$315$186$76
40 years$1,280$806$491$291$169$67
41 years$1,235$767$460$268$153$59
42 years$1,192$731$432$247$139$52
43 years$1,151$696$405$228$126$46
44 years$1,112$664$380$211$114$40
45 years$1,075$633$357$195$104$36
46 years$1,040$604$335$180$94$31
47 years$1,006$576$315$166$86$28
48 years$974$550$296$154$78$24
49 years$943$525$278$142$71$22
50 years$914$502$262$131$64$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $936,000, adding $2,715 every year, while hoping to spend $45,502 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: 62/27/11 Blend
44$936,000$936,000$936,000$936,000
45$1,034,273$984,665$970,157$1,095,611
46$1,091,355$984,499$954,243$1,136,861
47$1,152,734$982,801$936,271$1,176,395
48$1,218,801$979,446$916,125$1,218,421
49$1,289,984$974,305$893,680$1,263,178
50$1,366,754$967,237$868,810$1,310,936
51$1,449,628$958,097$841,381$1,361,990
52$1,539,175$946,729$811,251$1,416,669
53$1,636,018$932,966$778,276$1,475,337
54$1,740,845$916,634$742,301$1,538,395
55$1,854,409$897,547$703,166$1,606,288
56$1,977,541$875,509$660,704$1,679,510
57$2,111,153$850,312$614,740$1,758,603
58$2,256,248$821,734$565,092$1,844,172
59$2,413,930$789,544$511,567$1,936,882
60$2,585,414$753,494$453,967$2,037,470
61$2,772,034$713,324$392,084$2,146,753
62$2,975,262$668,757$325,698$2,265,631
63$3,196,714$619,501$254,584$2,395,101
64$3,438,170$565,248$178,504$2,536,265
65$3,701,589$505,671$97,210$2,690,342
66$3,989,128$440,426$10,444$2,858,677
67$4,303,160$369,148$0$3,042,759
68$4,646,299$291,453$0$3,253,874
69$5,021,421$206,933$0$3,486,132
70$5,431,692$115,159$0$3,740,349
71$5,880,601$15,679$0$4,018,778
72$6,371,988$0$0$4,323,907
73$6,910,080$0$0$4,685,813
74$7,499,534$0$0$5,087,436
75$8,145,479$0$0$5,527,620
76$8,853,561$0$0$6,010,222
77$9,630,000$0$0$6,539,492
78$10,481,648$0$0$7,120,108
79$11,416,049$0$0$7,757,225
80$12,441,515$0$0$8,456,521
81$13,567,202$0$0$9,224,248
82$14,803,193$0$0$10,067,296
83$16,160,597$0$0$10,993,254
84$17,651,652$0$0$12,010,481
85$19,289,839$0$0$13,128,186
86$21,090,010$0$0$14,356,515
87$23,068,524$0$0$15,706,645
88$25,243,409$0$0$17,190,890
89$27,634,521$0$0$18,822,816
90$30,263,739$0$0$20,617,370
91$33,155,169$0$0$22,591,020
92$36,335,367$0$0$24,761,908
93$39,833,594$0$0$27,150,025
94$43,682,088$0$0$29,777,395
95$47,916,371$0$0$32,668,286
96$52,575,581$0$0$35,849,436
97$57,702,839$0$0$39,350,307
98$63,345,662$0$0$43,203,359
99$69,556,402$0$0$47,444,362
100$76,392,746$0$0$52,112,726